In response to the escalating costs of lubricants, spare parts, and DVLA service charges, the Commercial Transport Operators of Ghana have officially announced a 30% increment in transportation fares nationwide, effective Monday, January 22, 2024.
The decision, communicated through a press statement, cites the substantial rise in operational expenses that has significantly impacted the livelihoods of drivers across the country. The Transport Operators Association emphasized the mounting challenges faced by the public transportation sector, making it increasingly difficult to sustain operations.
READ: Judgement On Celebrities Vs FDA Case Slated For April 10
“The proposal for a fare increase aims to address the drivers’ financial challenges and ensure the sustainability of the public transportation industry in Ghana,” the commercial transport operators added in the press release.
The association, among other things, noted that, the continuous surge in lubricant prices, driven by global oil market fluctuations, has placed a considerable burden on drivers who heavily rely on oil to keep their vehicles running efficiently. Additionally, the increasing costs of spare parts, particularly for maintenance and repairs, have adversely affected the ability to keep vehicles in optimal condition, resulting in reduced operational efficiency and increased downtime.
The press release highlighted the impact of higher taxes imposed on the sector, putting immense pressure on earnings and making it increasingly difficult for operators to cover overheads and provide for their families.
Recognizing the adverse effects of these circumstances, the Transport Operators Association said it engaged in extensive consultations with relevant stakeholders, including state agencies and other transport associations. The proposed fare increase, according to the association, aims to address the financial challenges faced by drivers and ensure the sustainability of the public transportation industry in Ghana.
The association emphasized that this fare adjustment is a necessary step to maintain the quality and efficiency of their services, benefiting both drivers and the commuting public in the long run. It stresses the need to strike a balance that considers the interests of drivers while ensuring that transportation remains affordable and accessible for all.
The press statement also hints at a potential future fare increase of another 30% if the proposed eco tax receives parliamentary approval.
“We will also be advised or force to increase it again by 30 percent if the eco tax gets parliamentary approval,” the release noted
Signed by notable figures within the industry, including William Osei (Paa Willie), Chairman of the Concerned Drivers Association of Ghana, Nana Owiredu, Secretary, Yaw Barima, PRO of the True Drivers Union, David Agboado, National PRO of the Concerned Drivers Association of Ghana, and Akwaada Nyame, Ashanti Regional Chairman of the Concerned Drivers Association of Ghana, the release reaffirmed the commitment of the association to delivering safe, reliable, and efficient transportation services to the Ghanaian public.
