• About
  • Advertisements
  • Terms of Use
  • Contact
Thursday, September 10, 2026
The Sikaman Times
Advertisement
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus
No Result
View All Result
The Sikaman Times
No Result
View All Result

OMCs ordered to stop selective discounts under new NPA directive

by The Sikaman Times
March 4, 2026
StarOil, GOIL compete aggressively as fuel prices drop to near-single digits
SharePostSendShareSend

Motorists and LPG consumers will no longer enjoy location-based fuel discounts following a new directive from the National Petroleum Authority (NPA) scrapping selective price reductions in the downstream petroleum sector.

Under a revised Petroleum Products Pricing Guidelines framework taking effect from March 16, 2026, all Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) have been instructed to apply uniform ex-pump prices at every retail outlet. The move effectively ends the practice where some filling stations offered lower prices than others as part of competitive promotions.

In a February 27, 2026 statement to industry players, the NPA said the review is aimed at tightening compliance with the Pricing Formula Regulations, LI 2186 (as amended by LI 2222), strengthening enforcement, and ensuring greater transparency in price administration across the sector.

According to the regulator, the changes are intended to reinforce the integrity of the pricing regime while promoting stability and sustainability within Ghana’s petroleum downstream industry.

The directive comes at a time when market leader Star Oil and state-owned GOIL have been rolling out discounted pricing strategies and promotional offers to attract customers in an increasingly competitive market.

To clarify the revised guidelines and address concerns ahead of implementation, the NPA has scheduled a meeting with all OMCs and LPGMCs on March 11, 2026, at its head office.

The Authority has cautioned that any company found flouting the new pricing regime will face sanctions.

Advertisement Advertisement
Tags: Featured
Share1Tweet1SendShareSend
Previous Post

Baba Jamal wins Ayawaso East by-election amid low turnout

Next Post

Inflation dips further to 3.3% in February from 3.8%

Related Posts

Akufo-Addo’s legal counsel threatens legal action over unpaid entitlements
General

Akufo-Addo’s legal counsel threatens legal action over unpaid entitlements

September 10, 2026
Director-General of the NCA, Rev. Ing. Edmund Yirenkyi Fianko
Banking & Finance

NCA clears three applicants to proceed with 5G spectrum licensing

September 10, 2026
Government Statistician, Dr. Alhassan Idrissu
Banking & Finance

Investment surges 53% as Ghana’s domestic demand expands 11.2%

September 9, 2026
Ghana’s economy grows 6% in Q2 2026, ICT becomes biggest driver
Banking & Finance

Ghana’s economy grows 6% in Q2 2026, ICT becomes biggest driver

September 9, 2026
Directive against fare increments unfair to transport operators: YAFO Institute tells Transport Ministry
Business

Transport fares: GPRTU, GRTCC suspend increase pending further cost review

September 9, 2026
BOG sanctions Fidelity, First National banks over forex breaches
Banking & Finance

BoG warns public over 20 unlicensed digital credit apps

September 9, 2026
Next Post
Inflation rises again to 23% in November, driven by food prices

Inflation dips further to 3.3% in February from 3.8%

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Menzgold: 60% of customers ineligible for payment after validation

    Menzgold: 60% of customers ineligible for payment after validation

    50 shares
    Share 20 Tweet 13
  • We’re not negotiating; we’re executing the court’s explicit order – Nduom

    47 shares
    Share 19 Tweet 12
  • ‘Evangelist’ Agradaa sentenced to 15 years for fraudulent money doubling scheme

    18 shares
    Share 7 Tweet 5
  • Court of Appeal restores GN Savings licence, overturns BoG revocation decision

    12 shares
    Share 5 Tweet 3
  • NPP boycotts Media General platforms over bias

    59 shares
    Share 24 Tweet 15

Browse by Category

  • Africa
  • Ahafo
  • Art & Entertainment
  • Arts & Entertainment
  • Ashanti
  • Aviation
  • Banking & Finance
  • Bono East
  • Brong Ahafo
  • Business
  • Business
  • Central
  • Communication
  • Culture
  • Eastern
  • Economy
  • Education
  • Entrepreneurship & Local Business
  • Exclude
  • Features
  • General
  • Ghana
  • Greater Accra
  • Health
  • Health
  • International
  • International Trade
  • Lifestyle
  • Lifestyle
  • Media
  • National
  • News
  • North East
  • Northern
  • Oil & Gas
  • Oti
  • Politics
  • Politics
  • Real Estate
  • Regional
  • Relationship
  • Relationship
  • Religion
  • Savannah
  • Social
  • Social
  • Sports
  • Sports
  • Technology
  • Tourism & Hospitality
  • Trade
  • Transportation
  • Uncategorized
  • Upper East
  • Upper West
  • Volta
  • Western
  • About
  • Advertise
  • Privacy & Policy
  • Contact

About Us

© 2022- 2026 The Sikaman Times

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Regional
  • Features
  • Focus

About Us

© 2022- 2026 The Sikaman Times

QUICK LINKS

About

Privacy Policy

Terms Of Use

Advertisement

Contact

FOCUS

Ghana

Africa

International

CATEGORIES

General News

Business

Opinions

Politics

Technology

EXTRAS

Sports

Entertainment

Health & Wellness

STAY CONNECTED

Facebook Twitter Youtube Instagram Linkedin

© COPYRIGHT 2022-2026
The Sikaman Times