The Ghana Private Road Transport Union (GPRTU) says an increase in transport fares is inevitable and intends to make public the new fares after Wednesday.
According to the Union, existing price build-up has made it necessary for the increment although those plans had to be put on hold for the new levies put on petroleum products to be factored in.
The General Secretary of GPRTU, Godfred Abulbire Adogma, in an interview on Eyewitness News, monitored by Africa Articles, said, a definite decision on the exact percentage for the increment in the transport fares is yet to be taken.
“The price increase is obvious but the percentage that we will be increasing it by is what we are yet to discuss,” he said.
“Even if we are given a freehand to think within our own self and come up with the new fares, we will not make any mistake to go beyond 15% or even 20%,” he added.
It is most likely that an increase in transport fares will affect the general cost of goods and services in the country.
In spite of people’s concerns about the imminent increment and their hope that the Union would be considerate about it, Godfred Abulbire Adogma explained that “the cost of lubricants are up, DVLA has adjusted their prices, insurance companies have also increased their premiums, and the other aspect is the petroleum prices. The third component of fares has to do with the dollar rate against the spare parts that we buy.”
He indicated that another meeting has been scheduled with the Transport Ministry to conclude on the percentage at which the fares will be increased before the public is notified formally.
“Ours will come after Wednesday. We met [on Thursday] with the Transport Minister and we agreed that once there is this new rollout of new tariffs from 1st May, we just wait and get that percentage and add it up to our existing price build-up that we had calculated and now know by what margin that we will increase fares.”
He however believes that the GPRTU will ensure that the new fares “will not affect the general public so much.”