Private transport operators and commercial bus drivers in Ghana have agreed to increase transport fares by 20 percent.
The recent increment in fares will take effect on Monday, May 17, 2021.
This development comes after a series of meetings among members of the Ghana Committed Drivers Association, International Drivers Road Transport Union, Truth Drivers Union and the Concerned Drivers Association.
A joint statement sighted by Tapnewsgh indicates the increment has been perpetuated by different factors.
These factors include new taxes imposed on fuel margins, the cost of vehicle spare parts and charges levied by the Driver and Vehicle Licensing Authority (DVLA).
“A gallon of fuel which used to be sold at the pump for GHC 24.52 pesewas is now sold at GHC 27.22 pesewas. Also, prices of spare parts and DVLA charges have shot up considerably. With these developments, if we delay any further in increasing lorry fares by at least 20%, our transport business will collapse,” the statement read.