Deputy Communication Officer Hopeful of the National Democratic Congress (NDC) in the Sefwi Wiawso Constituency, Oliver Kwasi Nyarko, has commended President John Dramani Mahama for reducing the regulatory margin on diesel by GHS 2.00 per litre, describing the decision as a bold and timely intervention aimed at easing the economic burden on Ghanaians.
According to him, the policy goes beyond lowering fuel prices, as it is expected to reduce transportation costs, support businesses, assist farmers, help contain inflation, and improve the overall cost of living. He said the intervention demonstrates a government that listens to the concerns of citizens and takes practical steps to provide relief.
Mr. Nyarko contrasted the current administration’s approach with the economic challenges experienced between 2020 and 2024, when Ghana faced high inflation, significant depreciation of the cedi, rising public debt, and the implementation of the Domestic Debt Exchange Programme (DDEP), which affected many bondholders, including pensioners and retirees. He noted that these challenges placed immense pressure on households and businesses across the country.
He further stated that within its first 18 months, the Mahama administration has introduced policies aimed at stabilizing the economy, including measures to strengthen the cedi, reduce inflation, lower the cost of doing business, and provide direct relief through the temporary diesel price reduction. Mr. Nyarko concluded by praising President Mahama, the Minister for Finance, and the government’s economic management team, saying that the true test of leadership is the positive impact of policies on the lives of ordinary Ghanaians.
