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
-
Central banks should avoid reacting too strongly to headline inflation – IMF
3 minutes -
Kumasi: One injured, shops destroyed in Atasemanso fire in Kumasi
16 minutes -
Global economy proving resilient, growth projected at 3.1% in 2026 – IMF
20 minutes -
NDC targets all 6 parliamentary seats in Ahafo Region for 2028
23 minutes -
Ghana targets thousands of overseas nursing jobs under Labour Export Programme
25 minutes -
Pius Hadzide explains why Sports Ministry always attracts scandals
26 minutes -
APL says GoldBod terminated US$1bn Goldstream deal over failure to meet obligations
31 minutes -
Daily Insight for CEOs: Making better decisions under pressure
32 minutes -
Weta rice farmers seek urgent support after floods destroy crops
32 minutes -
Mahama commits GH¢200m in 2027 Budget to complete Police Hospital expansion
36 minutes -
Standard Chartered Bank delivers strong returns and sustainable shareholder value
47 minutes -
Akufo-Addo’s role in the artificial cedi stability is indisputable — Facts do not bend to political convenience
50 minutes -
Breaking Bad actor RJ Mitte dies aged 34
56 minutes -
Wontumi pleads not guilty in GH¢30m Exim Bank loan case
1 hour -
Beyond the Flyer: Awareness without screening is not enough
1 hour