Transport fares up today
The new 15 percent increment in transport fares across Ghana takes effect from today, Monday June 22. The Ghana Private Road Transport Union and Road Transport Coordinating Council increased the fares after meeting the Transport Ministry.
It follows recent adjustment of prices of petroleum products. The National Petroleum Authority (NPA) on Tuesday increased prices of petroleum products by 4% with the exception of premix fuel and residual fuel.
Ben Kwasi Ansah, the National Trustee of the GPRTU, said the 15 percent increment was agreed upon after a long meeting with all the stakeholders.
He added that the recent fuel increments and the free fall of the cedi against other major currencies accounted for the increment.
‘We took so many things into consideration, not only the fuel increase but you may recall that the last time we increased transport fares was last January and at that time the cedi to a dollar was two cedi to a dollar but now the cedi to a dollar is over four cedis.
‘When the cedi is falling like this it affects everything including spare parts’.
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