The Coalition of Commercial Transport Operators has announced a 15% increase in transportation rates, which will take effect on March 29, 2022.
The antecedent to the announcement follows the Finance Minister’s declaration of a 15 pesewas reduction in fuel prices as part of steps to keep Ghanaians from the present economic challenges.
During an emergency meeting held on Thursday, March 24, by the operators, they claimed that the amount was grossly insufficient, leading to the decision to hike rates rather than proceed on their previously scheduled protest..
David Agboado, a representative of the Coalition of Commercial Transport Operators who also serves as the Public Relations Officer of the Concerned Drivers Association of Ghana, stated in an interview with the media that, in accordance with the agreement they reached with the Transport Minister, they are free to increase the fares if the price of fuel exceeds the 10% threshold.
Meanwhile, Duncan Amoah, the Executive Secretary of the Chamber of Petroleum Consumers of Ghana (COPEC), who had planned to stage a protest against the fuel price rise, has backed down.
He said that they would consider their next course of action after consulting with other transportation providers.