The Ghana Private Road Transport Union (GPRTU) has indicated that transport fares may soon be reviewed upward as fuel prices are projected to increase in the next pricing window.
The anticipated adjustment comes ahead of the second fuel pricing window scheduled to take effect on Monday, March 16.
Industry analysts predict a nationwide rise in pump prices, a development likely to place additional pressure on commercial transport operators.
Current industry figures show 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 risen sharply, moving from GH¢11.42 to GH¢14.35 per litre, while liquefied petroleum gas (LPG) has increased from GH¢9.38 to GH¢10.67 per kilogramme.
The changes represent increases of GH¢1.11 for petrol, GH¢2.93 for diesel, and GH¢1.29 for LPG within the same month.
Transport operators say the rising fuel costs significantly affect their operations, particularly as expenses related to vehicle maintenance remain high.
The Industrial Relations Officer of the GPRTU, Abass Imoro, said transport operators are already under financial pressure due to increasing costs associated with vehicle maintenance.
Speaking on Channel One TV on Sunday, March 15, he noted that the union had previously restrained some drivers who attempted to increase fares independently.
“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 said.
Mr Imoro added that the cost of spare parts, lubricants and other essential maintenance items continues to rise.
He explained that although the union does not rush to adjust fares, any significant increase in fuel prices could lead to a review.
“If the price of fuel goes up, then naturally everyone should expect a change in lorry fares,” he stated.
Myjoyonline
