The Ghana Private Road Transport Union (GPRTU) has warned that transport fares across the country could soon increase if the anticipated rise in fuel prices materialises in the coming days. The caution comes as industry analysts project a significant jump in petroleum prices during the second pricing window for March.
According to current industry estimates, the indicative price floor for petrol has risen from GH¢10.46 per litre between March 1 and 15 to about GH¢11.57, while diesel has increased sharply from GH¢11.42 to around GH¢14.35 per litre. Liquefied Petroleum Gas (LPG) has also climbed from GH¢9.38 to GH¢10.67 per kilogramme within the same period. These increases represent notable adjustments that could significantly affect the operational costs of commercial transport operators.
Speaking on Channel One TV on Sunday, March 15, GPRTU’s Industrial Relations Officer, Abass Imoro, explained that the union has so far prevented drivers from increasing fares independently despite the mounting financial pressure. However, he indicated that the rising cost of fuel and vehicle maintenance may soon compel transport operators to review current fares.
Mr. Imoro noted that transport operators depend on their vehicles for profit, yet fares have remained unchanged for some time. Meanwhile, expenses such as spare parts, lubricants and other maintenance items continue to rise, placing additional strain on drivers and transport businesses.
The GPRTU emphasised that while it has exercised restraint in recent months, a sharp fuel price hike could leave operators with little choice but to adjust fares to sustain their operations. Any decision on fare increases, the union said, would follow consultations with the relevant transport authorities and stakeholders.
Source: MyJoyOnline
