Audio By Carbonatix
Price of some petroleum products are expected to increase between 3 and 20 percent by next week.
Joy Business has gathered that Petrol and Diesel should go up between 3 and 5 percent.
LPG could witness a 7 percent adjustment.
Premix and Kerosene will go up between 15 and 20 percent. Sources say the increase is in line with the bi-monthly adjustment in prices of petroleum products at the pumps.
Government on September 1 stepped in to cushion consumers from paying the expected hikes in the last review but it is not clear if it will intervene again on Monday September 16.
Transport fares go up by 20%
Meanwhile, transport fares would go up by 20 percent from September 14.
A source close to government says government appears not to be happy with the sharp increase in transport fares.
According to the source, since fuel adjustments constitute just about 25 percent in the buildup of transport fares, it was not prudent for the transport operators to increase their fares by that percentage.
The transport union on the other hand have argued that the increase is independent of fuel price increases.
The Ghana Road Transport Coordinating Council has asked passengers not to pay what it called illegal fares because it had not officially taken effect.
Other commercial drivers however can now legally charge the new fares.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
NPP challenges Sam George over rural telephony record, demands data
3 minutes -
Mahama Ayariga proposes peak-hour dedicated lanes for Aayalolo buses
7 minutes -
Amrahia Dairy Farms property owners petition Mahama over alleged demolition of properties
12 minutes -
Taxi rank executives arrested over alleged attempted murder
14 minutes -
More than 20 African countries fail WHO air pollution guideline in 2025 – AfriCAN 2026 Report
19 minutes -
PTA council demands technical review of 2026 BECE results
23 minutes -
Senegal, Cape Verde breathed unsafe air for more than 120 days in 2025 – AfriCAN 2026 Report
24 minutes -
AFCON 2027Q: Carlos Queiroz to ‘soon submit’ Black Stars squad
25 minutes -
KATH CEO praises Ghana Medical Trust Fund for its impact in just a year
25 minutes -
‘NPP should stop being hypocritical’ – Nukpenu challenges calls for GH¢49.7m evacuation procurement details
27 minutes -
Loans and advances increased by 39% to GH¢124.3bn in June 2026
29 minutes -
Private citizen sues Mahama over failure to replace Sophia Akuffo on Council of State
38 minutes -
Guinness Ghana DJ Awards 2026 opens public nominations
48 minutes -
Banking industry profit moderate to GH¢7.2bn in June 2026
56 minutes -
Evacuate to forestall any eventuality – GWL urges Weija residents ahead of spillage
57 minutes