Business & Finance

Commercial Drivers Directed to Maintain Transport Fares Amid Fuel Price Reduction

Road Transport Operators has directed commercial drivers to maintain current transport fares following interventions by the government.

It urged them to refrain from upwardly adjusting transport fares.

“We have agreed to stay the implementation of the existing transport fares and respectfully urge all transport operators to refrain from any increases as we continue to monitor the impact of the Government’s measures on our operations.”

They welcomed the government’s resolve to implement a number of interventions to reduce and stabilise the prices of petroleum products, including the reduction and suspension of some margins on petroleum products in the next pricing window.

“We are confident that if these interventions are sustained, they will help reduce and stabilise fuel prices and provide significant relief to Transport Operators, commuters, and the general public.”

Meanwhile, it expressed its expectation of a swift end to the US-Israel-Iran conflict.

In a statement on April 15, 2026, the government temporarily scrapped the GHC2.00 per litre levy on diesel and the GHC0.36 per litre levy on petrol.

This will take effect in pump prices from April 16, 2026.

“This intervention is intended to cushion customers and ease the cost burden on households, transport operators, and businesses,” the Jubilee House said in a statement.

The measure, approved by the Cabinet, is in response to rising prices of petroleum products on the international market, which have significantly impacted ex-pump prices in Ghana.

This temporary intervention will remain in force for a period of one month, during which the government intends to closely monitor developments in the global oil market and assess the need for further policy adjustments.

Story by Hajara Fuseini

Click to read more: https://opemsuo.com/author/hajara-fuseini/

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