NEWSGENERAL NEWSTransport Fares To Increase By 30% From March 7

Transport Fares To Increase By 30% From March 7

-

Road commuters are expected to witness some price adjustments in fares from Thursday, March 7, 2024.

This comes after the Transport Operators Union and the Concerned Drivers Association of Ghana have announced a hike in transport fares by about 30 percent.

In a joint statement issued by the two groups, their decision is due to government’s inability and failure to address their concerns coupled with the increasing operational costs to run their business.

“As drivers’ associations, we expressed disappointment in the leadership for failing to address the concerns and implement fare adjustments to counterbalance the increased operational costs,” the group said.

“The continuous rise in fuel prices has had a significant impact on our livelihoods, leading to financial strains and hardships in maintaining our operations,” the two groups said.

Read their full statement below:

Regional Chairmen of both the Transport Operators Union and the Concerned Drivers Association of Ghana are announcing our intention to consider a fare increment in response to the recent hike in fuel prices across the country.

As drivers’ associations, we expressed disappointment in the leadership for failing to address the concerns and implement fare adjustments to counterbalance the increased operational costs.

The continuous rise in fuel prices has had a significant impact on our livelihoods, leading to financial strains and hardships in maintaining our operations.

We would like to express our disappointment in our leadership, Despite the escalating costs of fuel, our leadership has not taken proactive measures to increase fares in line with market conditions.

This has prompted us Regional executives to consider fare adjustments as a necessary step to sustain our businesses.

The fare adjustments are essential to ensure the financial viability of the transportation sector and to maintain the quality of service provided to the public. The failure of the government to address this critical issue has left us with no choice but to consider fare increments as a means of coping with the escalating operational costs.

We are calling on the government and relevant authorities to engage in constructive dialogue with our leaders to address the challenges faced by our sector and to implement fare adjustments that reflect the current economic realities.

Failure to address these concerns by 6th March 2024 will leave us with no choice but to increase fares.

Source: www.ghanaweb.com

Latest news

Connected Banking Summit 2025: Experts Gather to Shape the Future of Banking

Yesterday, February 19, 2025, the Kempinski Hotel in Accra played host to the biggest gathering of experts in the...

COP Tiwaa Addo-Danquah Reassigned As Director-General Of Research And Planning For GPS

COP Maame Yaa Tiwaa Addo-Danquah (Mrs.), the immediate past Executive Director of the Economic and Organised Crime Office (EOCO),...

Deportation Fears Leave Church Of Pentecost Branch In North Columbus Empty

For fear of being deported to Ghana, a Church of Pentecost branch in North Columbus, United States, has been...

Sammy Gyamfi Refutes Claims Of Office Renovations At PMMC

The Acting Managing Director of the Precious Minerals Marketing Company (PMMC), Sammy Gyamfi, has refuted claims that he spent...

New Juaben North MCE Aspirant Submits Fake Document

An Aspiring Municipal Chief Executive (MCE) for New Juaben North has allegedly submitted fake educational credentials to the regional...

Insider Details To The NDC Military-Style Operation That Enthroned Bagbin As Speaker Of Parliament

Alban Bagbin is, today, serving a historic second tenure as the only person to be elected twice to serve...

Must read

Connected Banking Summit 2025: Experts Gather to Shape the Future of Banking

Yesterday, February 19, 2025, the Kempinski Hotel in Accra...

COP Tiwaa Addo-Danquah Reassigned As Director-General Of Research And Planning For GPS

COP Maame Yaa Tiwaa Addo-Danquah (Mrs.), the immediate past...

You might also likeRELATED
Recommended to you