The Ghana Private Road Transport Union (GPRTU) has said that it intends to raise transportation fares by 20%.
According to the Union, the decision will be made once it consults with the government on its proposal.
According to the Union, the change is essential as a result of the huge increase in fuel costs.
The General Secretary of the GPRTU, Godfred Abulbire, told Citi News in Accra that the conclusion of the discussions will decide the hike in transportation fares.
“It will remain until our talks with the Ministry are done. Then, we would have to go through the same process of sending a letter, and then go on to the round table discussion; then we would consider how to help cushion our members better.”
Following repeated demands, transportation fares were raised by 15% rather than 30% in February.
Given that a litre of petrol now costs ten cedis, the GPRTU is requesting that they be permitted to raise prices once again to help its members in these difficult circumstances.
Fuel prices have gone up 27% since January 1, 2022
According to an IES Research Analysts research, fuel prices at the pump have already increased by 1.8 per litre (27 per cent) for both petrol and diesel since the beginning of the year and for five consecutive Pricing-windows.
The survey also stated that the price of fuel and diesel has risen by about 3.33 per litre, implying a 65 percent increase, with reference to March 2021.
According to the IES, pricing disparities between the listed nations are related to individual governments’ responses to growing international oil prices, as well as the amount to which local currencies are controlled against the US dollar.
Petrol and diesel prices have risen by more than 3 cents per litre since the beginning of the year.
Meanwhile, commercial and private drivers, as well as other stakeholders, have urged the government to eliminate various fuel taxes in order to help consumers.
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SOURCE: myjoyonline
