Business News of Monday, 19 January 2026Source: www.ghanaweb.comThe National Petroleum Authority (NPA) has justified its decision to maintain the Fuel Price Floor Programme, insisting that the policy remains crucial due to ongoing pricing disparities within Ghana's downstream petroleum sector. Fuel could sell for GH¢9.50 without NPA price floor - Star Oil CEO hintsPrices of petroleum products at the pumps for the second pricing window of January 2026 sparked conversations, with fuel selling at GH¢9.99 at Goil, while Star Oil, the leading Oil Marketing Company, is selling at GH¢9.97. The NPA’s stance comes amid mounting pressure from sections of the industry advocating for the removal of the price floor. However, the Chief Executive Officer of Star Oil, Philip Tieku, has argued that scrapping the policy would allow pump prices to decline further, given current market dynamics. The Petroleum Price Floor Programme was introduced by the NPA in April 2024, mandating Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) to adhere strictly to a minimum fuel price.

Source: GhanaWeb January 19, 2026 12:29 UTC