The Ghana Private Road Transport Union (GPRTU) has stated that operators will not rush to reduce transport fares as calls for a reduction by Ghanaians heighten.
Prices of petroleum products have dropped significantly and are expected to fall further this Friday, December 16, 2022, the Institute for Energy Security (IES) has projected.
IES said the new prices would fall to about GH¢13, and GH¢16 per litre for petrol and diesel, whilst Liquefied Petroleum Gas will go for about GH¢12 per kilogram.
However, the General Secretary of GPRTU, Godfred Abulbire, has disclosed that there will be no reduction soon.
In an interview on December 14, Mr Abulbire explained that GPRTU would not rush into a reduction until all the components that contribute to the increase in transport fares are reduced.
He added that the GPRTU would also observe the trend in the recent fall of fuel prices and the appreciation of the cedi to ensure that it is consistent before they decide on the margin of reduction.
“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 on Citi News.
The recent fall in petroleum products has led to incessant calls by Ghanaians for commercial drivers to reduce their fares after increasing them by almost 40 per cent since the beginning of the year.