President John Dramani Mahama has directed a temporary GH¢2.00 per litre reduction in the regulatory margin on diesel in a move aimed at cushioning consumers against rising fuel prices and preventing an increase in transport fares. The intervention comes at a time when transport operators, led by the Ghana Private Road Transport Union (GPRTU), have signalled their intention to review transport fares upward following successive increases in fuel prices at the pumps. According to the Presidency, the latest measure follows a Cabinet decision and builds on a similar intervention introduced in April this year. The announcement is expected to be closely watched by transport operators, commuters and businesses, particularly as diesel is the primary fuel used by commercial vehicles and many industrial operators. Any reduction in diesel prices could ease pressure on transport fares and help moderate production and distribution costs, which ultimately influence consumer prices.