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Home Business

Transport fares to go down 15.3% from Monday

Isaac Essel by Isaac Essel
December 16, 2022
in Business, Top Story, Top-Story
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Road Transport Operators have announced a reduction in transport fares by 15.3% which is expected to take effect from Monday, December 19.

The operators acknowledged the recent downward trend of petroleum prices, which it said contributed to the decision to reduce their fares.

The Road Transport Operators in a statement noted that the reduction was also as a result of series of negotiations by stakeholders taking into consideration of the “plight of drivers, commuters and the general public”.

“With the recent reductions in the prices of petroleum products, it became necessary to engage stakeholders to give consideration to a review of the fares in line with the Administrative Instrument. 

“Consequently, series of negotiation meetings were held with the stakeholders to agree on an acceptable level of fare reduction commensurate with the current fuel prices.”

The statement issued on December 16 said the reduction would affect shared taxis, intra-city (trotro), intercity (long distance) and haulage.

“We kindly request all Commercial Transport Operators to comply with the new fares and post same at their loading terminals. We further request all Operators, Commuters and the General Public to kindly cooperate for the successful implementation of the new fares. We take this opportunity to assure all Transport Operators and the General Public that we will continue to work in their interest.”

Tags: Fuel pricesGhana newsgoogle newsTransport farestrotro
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