Starting January 22, 2024, commuters using public transportation will be hit with a fare hike of 30 per cent.
The Commercial Transport Operators of Ghana have announced this increase in a recent press statement.
They attribute the surge to a “considerable escalation in the prices of lubricants and spare parts, along with an upsurge in DVLA service charges.” These factors, they say, are significantly affecting the financial well-being of their members.
The transport operators have also expressed their concerns about the escalating costs of maintenance and repairs.
The press release further elaborates, “The proposed fare hike is intended to alleviate the financial burdens faced by drivers and to ensure the longevity of the public transportation sector in Ghana.”
Below is the Commercial Transport Operators of Ghana’s full statement.
The Commercial Transport Operators of Ghana wish to announce a 30% increment in transportation fares throughout the country on Monday January 22,2024.
This has become necessary due to the substantial rise in the costs of lubricants, spare parts coupled with increment on DVLA service charges , which has significantly impacted the livelihoods of drivers across Ghana.
We in the public transportation sector have been grappling with mounting expenses, making it increasingly challenging to sustain our operations
The continuous surge in lubricant prices, driven by fluctuations in global oil markets, has resulted in a considerable burden on drivers who rely heavily on oil to keep our vehicles running efficiently.
Additionally, the escalating costs of spare parts, particularly for maintenance and repairs, have severely affected our ability to keep our vehicles in optimal condition.
This has resulted in reduced operational efficiency and increased downtime, negatively impacting both drivers and the commuting public.
Furthermore, our welfare has been significantly impacted by higher taxes imposed on the sector. This has put immense pressure on our earnings and made it increasingly difficult for us to cover our overheads and provide for the families.
Recognizing the adverse effects of these circumstances, the Transport Operators Association has engaged in extensive consultations with relevant stakeholders, including some state agencies and other transport associations.
The proposal for a fare increase aims to address the drivers’ financial challenges and ensure the sustainability of the public transportation industry in Ghana.
This fare adjustment is a necessary step to maintain the quality and efficiency of their services, benefiting both drivers and the commuting public in the long run.
It is crucial to strike a balance that considers the interests of the drivers while ensuring that transportation remains affordable and accessible for all.
We remains committed to delivering safe, reliable, and efficient transportation services to the Ghanaian public.
Together, with the support of all stakeholders, we can build a sustainable and thriving transportation sector that benefits both drivers and passengers alike.
We will also be advised or force to increase it again by 30 percent if the eco tax gets parliamentary approval.
Signed…
William Osei (Paa Willie)
chairman Concerned Drivers Association of Ghana
Nana Owiredu
Secretary Concerned Drivers Association of Ghana
Yaw Barima
PRO True Drivers Union
David Agboado
National PRO Concerned Drivers Association of Ghana
Akwaada Nyame
Ashanti Regional Chairman
Concerned Drivers Association of Ghana