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BREAKING NEWS Work To Begin On Revamp Of 100,000metric Tons Capacity WarehouseUganda: Museveni Drip Irrigation Poses Environmental Concerns – ActivistArmy worms destroy hectares of farms in SunyaniCashew earns $196m for Ghana in 2016Francis Xavier Sosu’s ban: The full story, hidden facts and questionsOne District One Factory: Akosombo Textiles to Get Facelift – DCEAfrica: At Ocean Conference, UN Agencies Commit to Cutting Harmful Fishing SubsidiesFDA to commence food safety enforcement exerciseWorld Bank report cites corruption for low cocoa production in GhanaPlanting for Food & Jobs commitment fee scaring farmers – NGO Home ABOUT US PHOTO GALLERY CONTACT US o OUR VIDEOS o ADVERTISE PROGRAMMES o SOCIAL DEVELOPMENT COMMUNITY WATCH DRIVE ALIVE AWARE FIE HEALTH MATTERS o AGRIC AGRIC FORUM AGRO TECH KUA PA YO o SPORTS SPORT NIGHT SPORT WORLD AGODIE NE ABIBI DURO o ENTERTAINMENT OKWANSO ANIGYE SLOW JAM HITZ FACTORY LUNCH EXTRA’S LOVERS ROCK ADWUMA MRE FRIDAY FEVER DJ’S CHOICE o NEWS AGRO NEWS ADOM FM KASEƐBƆ CITY FM EYE WITNESS REPORT o RELIGIOUS GOSPLE TRAIN DEW OF HEAVEN SUNDAY SPECIAL o MORNING SHOW o POLITICAL PLATFORM o PROGRAM LINE-UP AGRO BLOGS o AGRIPAGES GHANA o AGRIC RELATED LINKS o GREEN CLUB AGRIC NEWS o Farmers Views o NATIONAL NEWS o REGIONAL NEWS o DISTRICT NEWS o LOCAL NEWS o BUSINESS o INTERNATIONAL NEWS o POLICY/RESEARCH o SCI/TECH/DEV/MAC. GENERAL NEWS o SOCIAL NEWS o ENTERTAINMENT o POLITICS o SPORTS PROJECTS o RITE FM PROJECTS FOOD HYGIENE MAASI PROJECT MAASI NEWS o DISTRICT PROJECTS o DEVELOPMENTAL PROJECT OTHER PROJECTS o EVENTS o RITE FM EVENTS o UP-COMING EVENTS WORSHOP/SERMINARS NATIONAL EVENTS CONFERENCES FAIRS JOBS o CAREERS/INTERNSHIP TRAINING o iREPORT Election 2016 o Krobo Elections 2016 iREPORT 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 Share this: Tweet Email Print WhatsApp Like this: Like Loading... Previous: Price of petrol down 2% Next: Volta Regional Minister adjudged minister of the year LEAVE A REPLY Your email address will not be published. Required fields are marked * Comment Name * Email * Website Notify me of follow-up comments by email. 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Email Address Work To Begin On Revamp Of 100,000metric Tons Capacity Warehouse Uganda: Museveni Drip Irrigation Poses Environmental Concerns – Activist Army worms destroy hectares of farms in Sunyani Cashew earns $196m for Ghana in 2016 Francis Xavier Sosu’s ban: The full story, hidden facts and questions One District One Factory: Akosombo Textiles to Get Facelift – DCE Africa: At Ocean Conference, UN Agencies Commit to Cutting Harmful Fishing Subsidies FDA to commence food safety enforcement exercise World Bank report cites corruption for low cocoa production in Ghana Planting for Food & Jobs commitment fee scaring farmers – NGO Man who delivered ‘final blow’ to Captain Mahama arrested Fisherman Remanded For Defiling 4-Year-Old Girl DEOP GtiCeshSIM" frameborder="0" allowfullscreen> FIND US ON FACEBOOK All Rights Reserved. Rite 90.1FM Copyrights (c) 2014. Powered And Design By Global Network Consult