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Home » BUSINESS » Hike in transport fares “shocking” – NPA
Hike in transport fares “shocking” – NPA
February 1, 2016 0 266 Views
The National Petroleum Authority (NPA) is in a state of shock following an increment in
transport fares in Ghana by the GPRTU and the Ghana Road Transport Coordinating Council.
The transport operators have announced a 15% increment in transport fares effective today,
February 1, 2016. The surge in fares was as a result of the increase in the prices of petroleum
products on January 4, 2016 while the operators also took into consideration “cost of spare
parts and maintenance, licensing, levies, charges and tolls and the almighty fuel.”
The Chief Executive of the NPA Moses Asaga said he feels betrayed by the posturing of the
transport operators because a meeting has been scheduled at the Flagstaff House today
between the government and the other stakeholders over the issue.
“The GPRTU and the acting chairman of the Council have been unfair to the negotiating parties
which was the Government, Ministry of Petroleum and the NPA on one side and the Ministry of
Transport. We have all agreed that this is not the time for them to increase prices because we
do know that fuel prices are going to go down,” Asaga told Citi FM, Sunday.
He added: “We also know that in the last seven months when fuel prices went down almost by
35% the GPRTU did not lower prices in tandem with reducing fuel prices in the country… and
we are supposed to be meeting [today] at the Flagstaff House. So we are rather shocked at
what has happened.
“They didn’t need to increase transport fares based on the model we have. We have a model
and why should they keep changing it. For me, I feel it’s a betrayal, especially when we knew
it is coinciding with diesel price going down by 4-5%.”
Reduction in fuel prices
Meanwhile, prices of fuel have been reduced at the pumps with petrol going down two per
cent effective February 1, 2016, the National Petroleum Authority (NPA) has confirmed.
There is also a 4% reduction in diesel with Liquefied Petroleum Gas (LPG) users enjoying the
most as the commodity records a 9% decrease.
Per the reduction petrol will be selling at Gh¢3.393 per litre from Gh¢3.465 while diesel goes
for Gh¢3.151 from Gh¢3.281 at some filling stations.
Source: Starrfmonline.com
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Work To Begin On Revamp Of 100,000metric Tons
Capacity Warehouse
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