The Ghana Private Road Transport Union (GPRTU) has warned that transport fares may soon be adjusted upward in response to anticipated increases in fuel prices.
The projected rise comes ahead of the second fuel pricing window, set to take effect on Monday, March 16. Industry analysts suggest that pump prices could climb nationwide, placing further financial pressure on commercial transport operators.
Current data shows that the indicative price floor for petrol has increased to GH¢11.57 per litre, up from GH¢10.46 recorded between March 1 and 15. Diesel prices have also jumped sharply from GH¢11.42 to GH¢14.35 per litre, while liquefied petroleum gas (LPG) has risen from GH¢9.38 to GH¢10.67 per kilogramme. These represent monthly increases of GH¢1.11 for petrol, GH¢2.93 for diesel, and GH¢1.29 for LPG.
Transport operators say these hikes significantly affect operational costs, especially as other vehicle-related expenses remain high.
Abass Imoro, Industrial Relations Officer of the GPRTU, highlighted that operators are already under financial strain due to rising maintenance costs. Speaking on Channel One TV on Sunday, March 15, he noted that the union had previously restrained some drivers from independently raising fares.
“We work for profit, and for some time now fares have remained unchanged. Some drivers tried to increase prices, but we intervened to stop them. That shows they are looking for adjustments,” he explained.
Mr. Imoro further noted that the cost of spare parts, lubricants, and other essential maintenance items continues to climb. He added that while the union does not hastily adjust fares, a significant rise in fuel prices would likely prompt a review.
“If the price of fuel goes up, then naturally everyone should expect a change in lorry fares,” he stated.
