Commercial Transport Operators in Ghana have declared a 30% increase in nationwide transportation fares starting January 22, 2024.
The decision to implement a 30% fare increase, has been attributed to the significant surge in the costs of lubricants, spare parts, and an increment in DVLA service charges, as stated by the transport operators.
In their official statement, the operators highlighted that the public transportation sector is facing escalating expenses, posing a growing challenge to sustain their 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,” the drivers said in a statement.
Additionally, they said the escalating costs of spare parts, particularly for maintenance and repairs, have severely affected their ability to keep their vehicles in optimal condition.
This has resulted in reduced operational efficiency and increased downtime, negatively impacting both drivers and the commuting public.
Recognising the adverse effects of these circumstances, the Transport Operators Association indicated that they have engaged in extensive consultations with relevant stakeholders, including some state agencies and other transport associations.
The proposal for a fare increase, according to them aims to address the drivers’ financial challenges and ensure the sustainability of the public transportation industry in Ghana.