• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, October 7, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in General News

Transport Fares Must Reduce – COPEC to Transport Operators

thevaultzby thevaultz
July 27, 2020
Reading Time: 4 mins read
Add as Preferred on Google
Accra Trotros

The Chamber of Petroleum Consumers (COPEC) has called on commercial transport operators to as a matter of urgency, reduce their fares as they return to taking passengers at full seating capacity.

Government, as part of measures to help prevent any further spread of the coronavirus, ordered transport operators to reduce the number of passenger-seating capacity, purposely to enforce social distancing in commercial vehicles.

According to COPEC, they say:

GIP 16
Duncan Amoah – Executive Secretary

“We are, by this statement calling on some of our major stakeholders in the transport sector including the GPRTU, Concerned Drivers Association, Committed Drivers Association and the Ghana Road Transport Coordinating Council to immediately without fail, ensure that transport fares are reversed by close of day today, [Monday, July 27, 2020],” COPEC urged in a statement.

This call by COPEC comes on the back of the government recently approving a 15% increment in transport fares following fuel price hikes and the adherence to social distancing in vehicles.

ADVERTISEMENT

In President Akufo-Addo’s 14th COVID-19 address to the nation on Sunday, July 26, 2020, said commercial vehicles can now take full capacity.

Akufo
President Nana Addo Dankwa Akufo-Addo

“In consultation with the Ministries of Transport and Aviation and the leadership of transport operators, Government has taken the decision to lift the restrictions in the transport sector, and allow for full capacity in our domestic airplanes, taxis, trotros and buses. The wearing of masks in vehicles and aircrafts, and the maintenance of enhanced hygiene protocols, remain mandatory,” said the President.

But COPEC in a statement signed by the Executive Secretary, Duncan Amoah however suggested that the recent fare increases could be slashed by 5% “since fuel price variance as at this point remains positive by at least a further 12% from the pre-COVID-19 lockdown period.”

Below is the full statement from COPEC

CHAMBER OF PETROLEUM CONSUMERS-GHANA

ACCRA

ADVERTISEMENT

REDUCE TRANSPORT FARES IMMEDIATELY.

The President of the Republic in his 14th Covid-19 address to the nation on Sunday has among other things issued new directives for the commercial transport operators to forthwith pick the normal number of passengers as before the lockdown and the accompanying social distancing restrictions.

What this directive means is that every revenue that until the date has been losing per trip by the commercial transport operators before the announcement during the period and for which commuters have recently been forced to cough up additional 15-30% transport fare increases is now restored in favour of our commercial transport operators and thus the recent increases of between 15-30% must and should be reversed forthwith.

ADVERTISEMENT

The Chamber takes cognisance of the fact that the period prior to the covid-19 lockdowns and restrictions had fuel prices trading at ghc5.650/litre but due to a global fall in demand and its attendant effects on pricing, fuel prices dropped by over 30% to below Ghc3.890/litre and has in recent times gone up marginally by a cumulative average of 16% to currently average 4.80/litre at the pumps.

The above thus renders any possible argument on the part of transport operators for a stay of current transport fares at this point, citing the marginal fuel price increases as an excuse ostensibly to deny Ghanaian commuters the deserved reductions in transport fares moot since the fuel price variance before and after the lockdown period remains a distant 10%+ positive to the commercial transport operators at this point.

We are, by this statement calling on some of our major stakeholders in the transport sector including the GPRTU, Concerned Drivers Association, Committed Drivers Association and the Ghana Road Transport Coordinating Council to immediately without fail, ensure that transport fares are reversed by close of day tomorrow, not only to previous rates but a further 5% reduction possibly on the previous rates before these recent increases since fuel price variance as at this point remains positive by at least a further 12% from the pre-covid-19 lockdown period.

Signed.

Duncan Amoah

Executive Secretary.

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: COPECDuncan AmoahPresident Akufo-Addotransport sectortransport union
Please login to join discussion
Previous Post

COVID-19: Developing Countries Should Use Macroeconomic Tools, Get Debt Service – Financial Times Commentator

Next Post

For example, if you receive a €100 bonus with a 30x wagering

Related Posts

Foreign Affairs Minister Samuel Okudzeto Ablakwa in talks with India's External Affairs Minister, Dr Subrahmanyam Jaishankar, in Accra during the Indian minister's two-day official visit. Ablakwa announced during the visit that cabinet has approved Ghana's application to join BRICS. Photo: Ministry of Foreign Affairs
General News

Cabinet Approves Ghana’s BRICS Bid, Ablakwa Says, Citing Trade With India

October 6, 2026
PAC Committee Chairperson Hon. Abena Osei Asare and Ranking Member Hon Samuel Atta Mills
General News

PAC Steps Down Washington Embassy, African Games Audits From 2025 Hearings

October 6, 2026
PAC Committee Chairperson Hon. Abena Osei Asare and Ranking Member Hon Samuel Atta Mills
General News

PAC Demands Answers on GH¢5.2 Billion Irregularities in MDA Audit Report

October 6, 2026
Prof. Aaron Mike Oquaye, Former Speaker of Parliament
General News

Former Speaker Of Parliament Demands Stronger Safeguards For Judicial Independence

October 6, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Prof. Baffour Agyemang Duah

Prof. Agyeman Duah Criticizes Over Centralized Natural Resources

October 7, 2026
Foreign Affairs Minister Samuel Okudzeto Ablakwa in talks with India's External Affairs Minister, Dr Subrahmanyam Jaishankar, in Accra during the Indian minister's two-day official visit. Ablakwa announced during the visit that cabinet has approved Ghana's application to join BRICS. Photo: Ministry of Foreign Affairs

Cabinet Approves Ghana’s BRICS Bid, Ablakwa Says, Citing Trade With India

October 6, 2026
Professor Aaron Mike Oqauye

Prof. Mike Oquaye Urges Constitutional Reforms on Minerals

October 6, 2026
Ghana Records 25m Credit Enquiries Amid Lending Shift

Bank Fraud Units Get New Powers Under New BoG Directive

October 6, 2026
trump 1

Trump Links Student Protests In France To Migration

October 6, 2026
ADVERTISEMENT
Next Post

For example, if you receive a €100 bonus with a 30x wagering

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.