The Ghana Private Road Transport Union (GPRTU) has revealed that it hopes to adjust transportation fares upwards by 30%.
According to the Union, the increment will take effect from Friday, May 13.
The decision, GPRTU explains, is due to the hike in fuel prices over the last few months.
In April, the Union asked government to scrap some taxes on petroleum products to cushion drivers and commuters, but President Akufo-Addo rejected the proposal.
The President said it will cost the nation ¢4 billion in revenue if that happens.
Reacting in an interview on an Accra-based Citi News, the Industrial Relations Officer for GPRTU, Abass Imoro, said efforts to reach the Ministry have proven futile.
“We have been forced to make a decision. We were thinking of being sympathetic. We never wanted to take this decision, but government has not cooperated with us.
“Fuel prices keep shooting up, we wrote to the Transport Minister about our plans to increase transport fares, but we received no feedback. We are thus going to take a decision that will help us as well. We will announce the new prices by next Friday.”
Transport fares increased by 15 per cent in February 2022, when fuel prices averaged GH¢6.4 per litre.
A litre of fuel now sells around ¢10 after crossing the ¢8 per litre mark in the first week of March 2022.
The Union argues that the move has become necessary due to the increase in the prices of petroleum products.
Both commercial and private drivers and other stakeholders mounted pressure on government to scrap some taxes on fuel to cushion consumers.
Latest Stories
-
Ghana and Seychelles strengthen bilateral ties with focus on key sectors
6 mins -
National Elections Security Taskforce meets political party heads ahead of December elections
9 mins -
Samsung’s AI-powered innovations honored by Consumer Technology Association
29 mins -
Fugitive Zambian MP arrested in Zimbabwe – minister
47 mins -
Town council in Canada at standstill over refusal to take King’s oath
58 mins -
Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws
1 hour -
Providing quality seeds to farmers is first step towards achieving food security in Ghana
1 hour -
Thousands of PayPal customers report brief outage
1 hour -
Gary Gensler to leave role as SEC chairman
2 hours -
Contraceptive pills recalled in South Africa after mix-up
2 hours -
Patient sues Algerian author over claims he used her in novel
2 hours -
Kenya’s president cancels major deals with Adani Group
2 hours -
COP29: Africa urged to invest in youth to lead fight against climate change
2 hours -
How Kenya’s evangelical president has fallen out with churches
3 hours -
‘Restoring forests or ravaging Ghana’s green heritage?’ – Coalition questions Akufo-Addo’s COP 29 claims
3 hours