Commercial Transport Fares Increase by 30% on Monday

Listen to this article

Commercial Transport Operators in Ghana have revealed plans for a nationwide 30% increase in transportation fares, effective from Monday, January 22. The operators cite substantial rises in lubricant costs, spare parts expenditures, and DVLA service charges as the primary justifications for this decision.

In an official statement, the operators emphasize the mounting expenses in the public transportation sector, highlighting challenges in sustaining operational activities. Fluctuations in global oil markets have led to a continuous surge in lubricant prices, creating a significant burden on drivers who heavily rely on oil to maintain vehicle efficiency.

The statement underscores the escalating costs of spare parts, particularly for maintenance and repairs, severely impacting the operators’ ability to keep their vehicles in optimal condition. This situation has resulted in diminished operational efficiency and increased downtime for vehicles, negatively affecting both drivers and the general commuting public.

Acknowledging the detrimental impacts of these challenges, the Transport Operators Association disclosed that they engaged in extensive consultations with various stakeholders, including relevant state agencies and other transport associations. The proposed fare increase aims to address the financial difficulties faced by drivers and secure the sustainability of Ghana’s public transportation industry.

The operators assert that the objective behind proposing a fare increase is to alleviate the financial strain on drivers, thereby ensuring the continued viability of Ghana’s public transportation sector. As the nation braces for this adjustment, the decision prompts reflections on the broader economic implications and the delicate balance between operational costs and the affordability of transportation services for the public.