Audio By Carbonatix
The Ghana Private Road Transport Union (GPRTU), says it will reduce fares should the prices of fuel come down in the next pricing window.
According to the Union, should that happen, they will not hesitate to reduce transport fares.
However, what they will not do is to rush and reduce fares and be hit with hikes in fuel prices.
The General Secretary of GPRTU, Mr Godfred Abulbire has said.
According to him, a lot of considerations would have to be looked at before reducing transport fares.
“For now, we will not rush and reduce fares, we need to observe things before we reduce before they increase again, and we are told to increase.
We are going to observe and by the next pricing window, if the price comes down, nobody will need to tell us to reduce fares,” he said in a media interview.
Recently, the prices of the petroleum products have been falling and it is even expected fall further.
According to analysts, prices will drop to ¢13 and ¢16 per litre for petrol and diesel respectively, whilst Liquefied Petroleum Gas will go for about ¢12 per kilogram.
This development is what has necessitated the demand for a reduction in transport fares.
Latest Stories
-
Breastfeeding can reduce breast cancer risk – but it does not rule out the disease
5 minutes -
GNFS rolls out automated fire compliance system
18 minutes -
Aspiring NPP national first vice chairman pledges hard work to return party to power
25 minutes -
Gov’t seeks additional funding for Damongo Science and Technology University
35 minutes -
Suame Municipal Assembly constructs police station at Maakro
41 minutes -
ECG customers in Ketu South protest alleged overbilling, demand accurate bills
49 minutes -
Mahama Ayariga pushes for unified Christian front to revive National Cathedral project
56 minutes -
Banking sector faces fresh risk if cedi starts sliding again, Dr Atuahene says
59 minutes -
TOR, GOIL explore further strategic collaboration
1 hour -
State Enterprises’ GH¢282bn debt overhang threatens economic stability – Dr Atuahene
1 hour -
Conflicting figures raise fresh questions over credibility of SIGA Report on SOEs, says Prof Boadi
2 hours -
UPSA Dean questions SIGA Report over contradictory SOE figures
2 hours -
Cameroon’s Eto’o says African federations should support Infantino
2 hours -
UNICEF estimates 20 million children suffered online sexual abuse in one year
2 hours -
SOE profits must reflect real efficiency, not just numbers – Dr Atuahene
3 hours