Following the recent increment in the prices of petroleum products, transportation costs might increase by 30% to 40%, according to the Ghana Private Road Transport Union (GPRTU).
The Union asserts that it will make these requests known to the Transport Ministry on Tuesday, October 18, while they are negotiating the upward adjustment.
Godfred Abulbire, the general secretary of the GPRTU, promised to see to it that their demands were met in an interview with Citi FM.
"By Tuesday, we are going to begin our negotiations. We are going to begin our negotiations with the forecast or reports that we have gotten and from there, we will know by what margin [we will increase transport fares]."
"But if you look at it fairly, the fares should not be increased by less than 30 per cent to 40 per cent. Anything less than that will have a serious effect on the transport sector," Mr Abulbire said.
Oil Marketing Companies (OMCs) have already started raising the cost of fuel at the pump.
Checks reveal that certain OMCs are selling petrol at a price per litre of 13.10 instead of the prior price of 11.10, an increase of roughly 16%.
On the other hand, the cost of diesel per litre has increased dramatically from its prior price of around 13.90 to roughly 15.99. This is a 12% increase.
The cost of liquefied petroleum gas (LPG) is also anticipated to increase by around 10% starting tomorrow, October 17, 2022.
The cost of petroleum items at the pumps will vary amongst OMCs, nevertheless.