Home / BUSINESS / 15% hike in transport prices comes into effect

15% hike in transport prices comes into effect

The cost of transport services across the country have gone up 15% effective today, February 26, 2022.

This comes after the transport operators in Ghana on Monday February 21, 2022, agreed to the rise in fares. According to the Road Transport Operators Union, the increment falls in line with administrative arrangements on public transport fares

The Union also cited the current cost of fuel prices and other expenses related to their trade as affecting the decision to increase fares following consultations with relevant stakeholders.

The Road Transport Operators Union in an earlier statement said “we kindly request all commercial transport operators to comply with the new fares and post same at loading terminals.”

In June 2021, the Union announced a 13% increment in fares attributing the decision to hikes in fuel prices.

The price of fuel which was hovering around GH¢6 per litre at the time has since gone up to almost GH¢8 per litre.

Source: www.ghanaweb.com

About Elvis Anokye

Check Also

Communications Ministry makes strides in promoting GIICT IN ASHANTI REGION

  The Ministry of Communications and Digitalisation (MoCD) is making great strides in promoting the …

Minister to Tour Girls-In-ICT Training Centres in the Ashanti Region

    As part of activities for the Girls-In-ICT programme in the Ashanti Region, the …