The Ghana Private Road Transport Union (GPRTU) has threatened a 40 percent increment of transport fares.
The Union’s decision follows the recent rise in prices of petroleum products.
According to the Union, it will put forward these demands during negotiations for the upward adjustment with the Transport Ministry on Tuesday October 18.
“By Tuesday, we are going to begin our negotiations. We are going to begin our negotiations with the forecast or reports that we have gotten and from there, we will know by what margin [we will increase transport fares].” Samuel Amoah GPRTU Communications member.
“But if you look at it fairly, the fares should not be increased by less than 40 percent” he stated
He further stated anything less than that will have a serious effect on the transport sector.
Already, Oil Marketing Companies (OMCs) have begun increasing the prices of petroleum products at the pumps and when there’s change on the market again on fuel prices we’ll see whether it will suit us or not.
Per checks by DKMNEWS.NET indicates some OMCs are selling a price of petrol per liter for ¢13.10, from the previous price of ¢11.10, about 16% increase.
On the other hand, the price of diesel per liter has shot up to about ¢15.99, from the previous price of ¢13.90. This is about a 12% surge.
Similarly, the price of Liquefied Petroleum Gas (LPG) is expected to go up by about 10%, beginning tomorrow October 17, 2022..
However, the variance in prices of the petroleum products at the pumps will vary among the OMCs.
