Commercial drivers are angry over the recent 10% reduction in transport fares following the decrease in fuel prices.
According to them, it doesn’t make sense for government to order them to reduce transport fares without first reducing the heavy taxes imposed on insurances and spare parts.
In a video obtained by InsightNewsgh.com on UTV page, some angry drivers descended on the leadership of Ghana Private Transport Union (GPRTU) for conniving with the government to reduce lorry fares without reducing the heavy taxes on spare parts.
In their submissions, they threatened to park their vehicles and stage demonstration to pour out their grievances to the government and their authorities.
Watch the video below;
Drivers angry over 10% reduction in transport fares #UTVNews pic.twitter.com/n9Ts27SaBj
— UTV Ghana (@utvghana) May 17, 2023
Meanwhile, effestive today, May 17, transportation fares are anticipated to decrease by 10%.
This follows the expectation of a decrease in fuel prices.
In a statement released on Monday, May 15, transport companies said, “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.”
“We further request all operators, commuters and the general public to kindly cooperate for the successful implementation of the new fares”, the statement concluded.
The GPRTU has already rolled out a new fare prices for drivers to comply.
Earlier on, from the second window of May, the Chamber of Petroleum Consumers Ghana (COPEC) forecasts a decline in fuel prices.
The decrease is attributable to a decline in the price of crude oil on the global market.
Another factor was the Ghana cedi’s relative stability in comparison to other trade currencies, particularly the US dollar.
According to COPEC, gasoline will cost GH11.67 per liter at the pump while diesel will cost GH11.51.
Currently, the cost of gasoline ex-pump is Gh12.00.
COPEC, in a statement, said “indications are that pump prices are likely to decline for fuel products across the country”.
