Transport fare in Ghana increased by 10 percent, effective September 16

Transport fare in Ghana increased by 10 percent, effective September 16

<p class="">The Ghana Private Road Transport Union (GPRTU) has disclosed that effective September 16, this year, public transport fares will go up by 10 percent.</p>

<p class="">According to the union, the various components that go into the running of commercial transport services has gone up, hence, the increment.</p>

<p class=""><em>“This is to accommodate predominantly an increase in fuel prices,”</em> the National Chairman of GPRTU, Kwame Kuma, said in a statement released on Tuesday, September 10,2019.</p>

<p class="">For some time now, the Union has called for an increase in their fares as prices of spare parts have gone up.</p>

<p class="">The increased fares will cover intra-city (trotro), intercity (long-distance ride) and shared taxis.</p>

<p class="">Mr Kuma urged all members of the Union to comply with the <em>“new fares and post the fare list at the loading terminals so as to avoid any confrontation with the travelling public.”</em></p>

<p class="">The last time fares were increased was in January 2018.</p>

<p class=""><strong>Background</strong></p>

<p class="">The prices of various petroleum products in Ghana went up from Monday, September 2, 2019.</p>

<p class="">The increase comes after the National Petroleum Authority (NPA) directed Oil Marketing Companies (OMCs) to start applying the revised Energy Sector Levies.</p>

<p class="">The Finance Minister, Ken Ofori-Attah announced the NPA’s directive in the Supplementary Budget he presented recently to the floor of Parliament.</p>

<p class="">Based on the revision petrol would have a GH¢0.20 adjustment, while Diesel would also attract GH¢0.20 jump in price per litre.</p>

<p class="">This indicates that the litre of petrol is expected to be sold at around GH¢5.39 for both petrol and diesel and 4.5-litre gallon should be selling at around GH¢24.25.</p>

<p class="">The increase is as a result of the Road Fund Levy, Energy Debt Recovery Levy, as well as the Price Stabilization and Recovery Levy increased up 20%.</p>

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