Transport fares to rise by 20% from March 17 — Drivers cite soaring costs despite expected fuel price drops
Ghanaians will have to brace for higher transportation costs as commercial drivers announce a 20% increase in transport fares starting March 17, 2025. This decision comes despite expectations of a reduction in fuel prices, with drivers attributing the fare hike to the soaring cost of vehicle maintenance, spare parts, and general inflation.
Why Are Fares Going Up?
According to transport unions, while fuel prices are projected to decline slightly, the overall cost of operating commercial vehicles has surged significantly. Key factors influencing the fare increase include:
- Higher prices for spare parts and vehicle repairs
- Increased road tolls and insurance costs
- Rising cost of living, affecting drivers and transport owners
- Depreciation of the cedi, making vehicle imports and maintenance more expensive
In a statement, the Ghana Private Road Transport Union (GPRTU) and other transport associations emphasized that the fare increment was necessary to keep businesses running.
Public Reactions and Economic Impact
The fare hike is expected to put further strain on the already stretched budgets of commuters, especially workers and students who rely on public transport daily. Many Ghanaians have expressed frustration, arguing that frequent fare increases worsen the cost-of-living crisis.
On the other hand, transport operators insist that without the adjustment, many drivers would struggle to sustain their operations.
What’s Next?
As the new fares take effect, government officials and stakeholders may engage in discussions to address public concerns. There are also growing calls for improved public transport systems to ease the financial burden on citizens.
For now, commuters will have to adjust to the new rates as the transportation sector navigates economic challenges.
Stay tuned for further updates on this developing story.
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