The Ghana Private Road Transport Union (GPRTU) warns that increasing fuel prices and other expenses are placing severe pressure on their livelihoods.
Current industry figures show that the indicative price floor for petrol has risen to GH¢11.57 per litre, up from GH¢10.46 recorded between March 1 and 15. Diesel has also experienced a sharp increase, moving from GH¢11.42 to GH¢14.35 per litre, while liquefied petroleum gas (LPG) has climbed from GH¢9.38 to GH¢10.67 per kilogramme.
The Deputy Public Relations Officer of the GPRTU Samuel Amoh, he said the continuous rise in fuel prices is making it difficult for drivers to sustain their businesses. Fuel costs represent a significant portion of the expenses incurred by commercial transport operators, and any increase immediately affects their profitability.
Meanwhile, the cost of spare parts has also risen sharply in recent months, placing an additional burden on vehicle owners and operators. Consequently, the Ghana Private Road Transport Union (GPRTU) has indicated that transport fares may soon be reviewed upward as fuel prices are projected to rise in the next pricing window.
The second fuel pricing window was scheduled to take effect on Monday, March 16 (yesterday). Pump prices could increase nationwide, a development likely to place additional pressure on commercial transport operators.
Transport operators are already under financial pressure due to rising costs associated with maintaining their vehicles.
The Industrial Relations Officer of the GPRTU, Abass Imoro, said if the price of fuel goes up, then naturally everyone should expect a change in lorry fares. As fuel prices are projected to rise in the next pricing window, transport fares may soon be reviewed upward.
Analysts predict that pump prices could increase nationwide.
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