On Wednesday, September 21st, fares for public transportation users will increase by at least 30%.
Earlier today, on September 14th, the Ghana Private Road Transport Union (GPRTU) released a statement confirming the development.
The Union claims that this decision was reached after extensive deliberation with its governing board.
We are increasing rates by 30% on Tuesday, September 21, 2022, after consulting with our parent organization, the General Progressive Republican Trade Union of America (GPRTU OF TUC).
The organization stated that the reason for the move was the ever-increasing price of fuel and maintenance parts.
“We are unable to produce enough money to cater to our family and pay off our loans because of the increase in petroleum products, spare parts, and the inadequate management of the economy by the government.”
“Since the cost of everything from electricity and water to maintenance and replacement parts, food, and pure water has gone up, we are forced to raise our rates,” the company said in a statement.
On the other hand, it has mandated that its members charge no more than the allowed percentage.
Members are being warned against going over the 30% cap.
Previous reports of price increases for petroleum items in the country were deemed as worrying by the GPRTU.
On September 1, 2022, local gas prices increased by 5.4%, to an average of 11.55 for regular gas and 14.50 for diesel.
Prices for gasoline and diesel were roughly $6.9 and $7.0 per liter at the start of the year.