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Transport fares 10 percent reduction from May 17

Mabel Boamah by Mabel Boamah
3 years ago
in Local News
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Transport fares to go down by 10 percent from May 17
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Starting May 17, 2023, a 10% fare reduction will take effect on all public transportation.

This comes after ongoing marginal fuel price decreases.

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The reduction will impact haulage, intra-city (trotro), inter-city (long distance), and shared taxis, according to a statement from the road transport operators on Monday evening.

“In line with the administrative arrangement on public transport fares, the road transport operators have reduced public transport fares by 10 percent to accommodate for the reduction in the price of petroleum products observed over the period”, the operators announced.

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Prices of petroleum products have seen a marginal decline in the second pricing window of May 2023 as a result of the decrease in the price of crude on the international market and relative stability to the Ghana cedi.

Predictions are that diesel, petrol and will likely be sold for GHS 12.30 and GHS 12.15 per litre respectively at the pumps.

Commercial Transport Operators have been advised to comply with the new fares and post same at their loading terminals.

“We further request all operators, commuters and the general public to kindly cooperate for the successful implementation of the new fares”, the statement concluded.

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SOURCE: CITINEWS

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