A 30 to 40 percent increase in transportation costs has been threatened by the Ghana Private Road Transport Union (GPRTU).
Following the recent increase in petroleum product prices, the Union made its decision.
The Union claims that it will present these demands to the Transport Ministry on Tuesday [October 18] when they are negotiating the upward adjustment.
Godfred Abulbire, the general secretary of the GPRTU, promised to see to it that their requests were realized in an interview with Citi FM.
“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].”
“But if you look at it fairly, the fares should not be increased by less than 30 percent to 40 percent. Anything less than that will have a serious effect on the transport sector,” Mr. Abulbire said.
Oil Marketing Companies (OMCs) have already started raising the cost of fuel at the pump.
According to Joy Business’s checks, some OMCs are now selling petrol per liter for 13.00 instead of the prior price of 11.10, a 16% increase.
On the other hand, the cost of diesel per liter has increased dramatically from its prior price of around 13.90 to roughly 15.99. This is a 12% increase.
Similar to this, starting tomorrow, October 17, 2022, the cost of liquefied petroleum gas (LPG) is anticipated to increase by around 10%.
To be sure, each OMC will have a different price range for fuel at the pumps.
Adam Ibrahim
Adam is passionate about politics and issues that affect governance. As a writer, he channels his energies into writing on pertinent national and political issues for the good of the Ghanaian people.