The Public Relations Officer (PRO) of the Concerned Drivers Association of Ghana, Mr. David Agboado, has hinted of a 15 per cent increase in transport fares, effective Monday, July 22, 2024.
The Association attributes this fare hike primarily to the rising cost of fuel, which is being sold currently at GHC 15 per liter with some oil marketing companies now selling products at prices exceeding GH₵15 per liter.
Speaking in an interview, the PRO of the Association explained that the additional increase in prices of essential items such as spare parts, crucial for the transport business, have further necessitated this decision.
Mr. Agboado, expressed concerns about the adverse effects these rising costs are having on the transport sector, thereby justifying the fare increase.
“We will be increasing transport fares by Monday by 15%. The reason is that fuel prices have gone high. All that we use in servicing our vehicles has gone high. That necessitated the 15% increment. Transport Ministry is not aware and we don’t need to sit with Transport Ministry before we increase our transport fares. We keep saying this,” he stressed.
