Transport operators in the Republic of Ghana have announced a 10 per cent reduction in transport fares across the board effective Wednesday, May 17, 2023.
This was contained in a statement jointly signed by Mr. Godfred Abulbire, General Secretary of Ghana Private Road Transport Union (GPRTU) and Mr Emmanuel Ohene Yeboah, General Secretary of Ghana Road Transport Coordinating Council (GRTCC).
The statement explained that the reduction is to accommodate for the reductions in petroleum products observed over the period.
Fuel prices went up astronomically in November last year, with diesel selling at more than Gh¢23 per litre while petrol sold almost Gh¢18 per litre.
Interestingly, fuel prices have dropped significantly with both diesel and petrol selling at Gh¢12.64 per litre.
This is a result of fall in crude oil prices and refined products on the international market.
Prices are likely to fall further from today, Tuesday, May 16, 2023.
Meanwhile, a group calling itself APG-GH has welcomed the reduction in transport fares by transport operators.
In a statement APG-GH, thanked all stakeholders for the fare reduction and look forward to continued cooperation in ensuring affordable transportation for its members.
It encouraged passengers to ensure that the new 10% fare reduction, which affects shared taxis, intra-city (trotro), intercity (long distance buses), and haulage vehicles, is implemented appropriately.
Source: https://energynewsafrica.com
