According to the Ghana Private Road Transport Union (GPRTU), not every drop in fuel prices necessitates a drop in transportation fares.
Some major Oil Marketing Companies (OMCs) have begun to lower the prices of certain petroleum products at the pump.
GOIL, the market leader, has announced a more than 8% decrease in fuel prices.
It has reduced the price of diesel by 1.50 cents to $14.60 per litre.
TotalEnergies has also announced a price reduction for its products at the pump.
A section of the Ghana Public has also demanded a reduction in transport fares.
But the PRO for GPRTU Mr. Mohammed Abass, says not every drop in fuel prices warrants a reduction in transport fares.
He said on Nyankonton Mu Nsem on Rainbow Radio 87.5Fm that ”if you will recall, fuel prices went up several times before we announced new fares. Therefore, passengers should understand that not every drop in fuel prices will warrant a reduction in transport fares.
If Ghanaians are candid, GPRTU can bost and state that we were 5the only Association that reduced transport fares. Prices of spare parts, lubricants, and other commodities used in the transport business remained the same.”
He assured the public when the reduction in fuel prices gets to the point where fares must be reduced, they would gladly do so.