The Ghana Private Road Transport Union (GPRTU) has hinted of a possible increase in transportation fares, following the recent hikes in fuel prices.
Prices of petroleum products went up on Monday, September 2, 2019, after the National Petroleum Authority (NPA) directed the Oil Marketing Companies to start applying the revised Energy Sector Levies.
Speaking on A1 radio’s Reporters Visit last Friday, Upper East Regional Chairman of GPRTU, Godfred Abulbire noted that the new transport fares will soon be made public as they are still having series of meeting on the percentage they should agree on.
He said “The increment of petroleum products is urging us to also adjust lorry fares. We are yet holding talks with the minister of transport. The understanding is that anytime we want to increase lorry fare, we will hold a meeting with them and know the percentage adjustment, so that we do it without any difficulty.
He hinted that the range of increment will be between 10 and 15 percent based on what if finally agreed upon in their consultative meeting with the sector minister.
Following the revision, petrol would witness a ¢0.20 adjustment, while Diesel would also attract ¢0.20 jump in price per litre.
Therefore, a litre of petrol is now expected to be sold at around ¢5.39 for both petrol and diesel and 4.5-litre gallon should be selling at around ¢24.25.
A kilogram of LPG is also expected to go up by ¢0.08.
This upwards adjustment is said to be as a result of Road Fund Levy, Energy Debt Recovery Levy, as well as the Price Stabilization and Recovery Levy increased up 20 percent.