Fuel price surge: Transport fares to shoot up again

The Ghana Private Road Transport Union (GPRTU) has announced that commuters should expect an increment in transport fares.

According to the Head of the Union’s Communications, Abass Imoro, the decision is necessitated by the sharp surge in the price of fuel at the pumps.

“When we came out with this current adjustment, fuel price was at GH₵7.990 [per liter], so we are waiting for the 10 percent ratio so if it crosses to the GH₵8.8 [per litre], we will come out with a new price. That is the only way we can sustain our transport industry,” he told Kwetey Nartey.

Earlier today, news broke that prices of petroleum products will from Wednesday, March 16 experience a significant surge as consumers are expected to pay GH¢11 per litre.

On the back of this, Mr. Imoro in an interview on JoyNews noted that the executives are deliberating on the percentage of adjustment to be made the to existing fares.

He, however, mentioned that government has not engaged the Union on the recent price hikes at the fuel pumps.

The Union’s Communications Head, further blamed government for the frequent transport fare adjustment.

“We came up with this strategy which would have helped, we wouldn’t have gotten to where we are today, because internally, we have created our taxes, levies, and margins of which we engaged government about.

“If the government listened to us or was able to do something about it, we wouldn’t be here. So we need to do this to sustain our members,” he said.

It’s been barely a month since GPRTU adjusted transport fares upwards .

The Union on Saturday, February 26, increased fares by 15 percent.

Source: Myjoyonline

fuelpricestransport fares