GH¢2 diesel subsidy not enough to prevent transport fare increases - GPRTU
The Ghana Private Road Transport Union (GPRTU) stated that the government's GH¢2 per litre diesel subsidy will provide limited relief for commercial transport operators. Samuel Amoah, Deputy Public Relations Officer of the GPRTU, said on JoyNews that the intervention does not sufficiently address the sharp rise in fuel prices. He recalled that transport operators were asked by the Transport Ministry to suspend plans for a 30% fare increase after government indicated measures would be introduced to reduce fuel prices.
Mr. Amoah stated that when discussions on transport fare adjustments began, diesel was around GH¢17 and petrol was around GH¢15. He noted that current diesel prices are approaching GH¢20 per litre, meaning the GH¢2 intervention only brings prices back closer to previous levels. He argued that the subsidy will not have a significant effect on them and may only reduce the scale of any future transport fare adjustment rather than eliminate the need for an increase.
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The Ghana Private Road Transport Union (GPRTU) is evaluating the impact of the government's recent diesel subsidy on transport fares. This
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