The Ghana Private Road Transport Union (GPRTU) says it is maintaining its proposal for a 30% increase in transport fares as it awaits the findings of a committee reviewing the various cost inputs in the transport sector.
Deputy Public Relations Officer of the GPRTU, Samuel Amoah, said negotiations with the Ministry of Transport are still ongoing, with no final decision yet reached on the proposed adjustment.
Speaking to Alfred Ocansey on TV3’s Ghana Tonight on September 15, Mr Amoah said the two sides agreed at their latest meeting to establish a committee to assess the current cost of operating commercial transport services.
“Our last meeting was on last Tuesday and then we all agreed that a committee has to be formed for the committee to check on the price input for them to submit their report hopefully before the close of this week,” he said.
He explained that the GPRTU would rely on the committee’s findings before determining the final percentage increase in fares.
“We are waiting for the committee to submit their report so that based on that we will also decide on the percentage increment,” he added.
However, Mr Amoah stressed that the union’s 30% proposal remains unchanged pending the outcome of the review.
“We are still on the 30% proposal, waiting for the committee to submit their report before a final decision will be taken,” he said.
Although negotiations are yet to be concluded, he indicated that commuters should prepare for a possible increase in fares.
“From how things are going, the possibility of transport fare increment is very high,” he said.
The development comes amid projected increases in petroleum prices, which could further raise operating costs for commercial transport operators.
The Chamber of Oil Marketing Companies (COMAC) projects that petrol prices could rise by about 9.63%, while diesel prices are expected to increase by 6.97%. Liquefied petroleum gas (LPG) prices are also projected to rise by 3.22%.
Based on COMAC’s projected cash-purchase ex-pump prices, petrol could reach GH¢17.23 per litre, while diesel could sell at GH¢18.35 per litre.
Meanwhile, the National Petroleum Authority’s price floors for the second pricing window of September put the minimum price of petrol at GH¢16 per litre and diesel at GH¢16.77 per litre.
The GPRTU is expected to take a final decision on transport fares after the committee submits its report and consultations with the Ministry of Transport are concluded.