• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, August 5, 2025
  • 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

GPRTU Hints on Increasing Transport fares amid fuel increment

October 18, 2021
Stephen M.Cby Stephen M.C
in Extractives/Energy
0
GPRTU Hints on Increasing Transport fares amid fuel increment

General Secretary of GPRTU, Godfred Abulbire

The Ghana Private Road Transport Union (GPRTU) has announced that it would soon consider increasing transport fares across the country. The Union said it will carry out this increase if the current trend of fuel price increments continues.

According to GPRTU, it projected the last increments of transport fares to last until December, 2021 but the rate at which fuel products are being increased arbitrarily, they may be compelled to increase it before December.

“We are in talks with the government. Because if it continues, we will be left with no options than to increase transport fares”.

Godfred Abulbire

Reacting to the increase in fuel price, the General Secretary of GPRTU, Godfred Abulbire, said the current system doesn’t match what they had expected. He indicated that, if the fuel price keeps going up, it means that lorry fares will go up to match and that means the consumer, which is the passenger, will bear the cost.

RelatedPosts

Goldman Sachs Holds Brent Oil Forecast at $64 Despite Supply Risks 

OPEC+ to Increase Oil Production in September as Market Stabilizes 

MIIF Partners Korle-Bu to Roll Out Free Medical Outreach in Mining Communities 

“We are still in talks with the Ministry to do something about it. Because for now, we don’t intend to match it like that and we will try to remain on this until December and the government should also do well to maintain it like this”.

Godfred Abulbire
  • Fuel Price Increase to be between 30-40 pesewas from October 16- COPEC

Reacting to government’s zeroing of the price stabilization and recovery levy (PSRL) on petrol, diesel and liquefied petroleum gas (LPG) for two months which was announced earlier, the General Secretary noted that it would have minimal impact on price of fuel unless all the eleven taxes on petroleum products are removed.

“We want all the levies on petroleum products to be removed. There are about eleven of them because we thought the plans by the government to zero the price stabilization and recovery levy (PSRL) on petrol, diesel and liquefied petroleum gas (LPG) for two months could do something but it will not. If the pressure being mounted continues, we will mount it on our customer, we will end burdening the customers”.

Godfred Abulbire
Wait on GPRTU- Concerned Drivers on Fare Increment
Trotro vehicles parked at the station

Mr. Abulbire admitted that the zero price stabilization and recovery levy has answered one of its calls but if it’s too much, they must keep pressuring the government to take off the rest else what they can do is also to increase the fairs to match up.

“And it would mean we are pushing all on the customer”.

Godfred Abulbire

This comes after the Private Road Transport Commercial Operators Union together with the Ghana Private Road Transport Union (GPRTU) expressed their disappointment in government for not putting in place any mitigation or stabilization measures to curtail the hikes in fuel and petroleum products in the country.

For the second Pricing-Window of October 2021, the nation has witnessed a 4.2 percent increase in petroleum prices across the various pumps in the country pending the suspension of the Price Stabilization and Recovery Levy (PSRL). Due to this, a litre of fuel currently sells at GHS6.80 pesewas.

Read Also: Finance Ministry Must Work on Sustainable Model to Help Fuel Prices- Duncan Amoah
Tags: EnergyfuelFuel PricesGhanaNewsGPRTUTransport fares
Please login to join discussion
Previous Post

South Africa Miners face rise in Input Costs in 3 years

Next Post

Work to Support Government’s Growth Agenda – Dr. Letsa to MDCEs

[mc4wp_form id="1264"]

Related Posts

GSE Composite Index Hits 7,005 Points, Extending 2025 Rally to 43% YTD
Securities/Markets

GSE Composite Index Hits 7,005 Points, Extending 2025 Rally to 43% YTD

August 5, 2025
Komenda Sugar Factory
Agribusiness

Government Moves to Revive Dormant Komenda Sugar Factory

August 5, 2025
Bernard Bediako Baidoo
General News

Bediako Baidoo Wins NDC Akwatia Primary Ahead of By-Election

August 4, 2025
Farage Slammed For Spreading ‘Unevidenced’ Migrant Fears
UK

Farage Slammed For Spreading ‘Unevidenced’ Migrant Fears

August 4, 2025
A Painful Reminder Of Unresolved Hostage Situation
Opinions

If It’s Good Enough To Share Abroad, It Must Start at Home

August 4, 2025
UK Ties Palestine Recognition To Ceasefire Conditions
UK

UK Ties Palestine Recognition To Ceasefire Conditions

August 4, 2025
GSE Composite Index Hits 7,005 Points, Extending 2025 Rally to 43% YTD
Securities/Markets

GSE Composite Index Hits 7,005 Points, Extending 2025 Rally to 43% YTD

by Stephen M.CAugust 5, 2025
Komenda Sugar Factory
Agribusiness

Government Moves to Revive Dormant Komenda Sugar Factory

by Evans Junior OwuAugust 5, 2025
Bernard Bediako Baidoo
General News

Bediako Baidoo Wins NDC Akwatia Primary Ahead of By-Election

by Evans Junior OwuAugust 4, 2025
Farage Slammed For Spreading ‘Unevidenced’ Migrant Fears
UK

Farage Slammed For Spreading ‘Unevidenced’ Migrant Fears

by Lawrence AnkutseAugust 4, 2025
A Painful Reminder Of Unresolved Hostage Situation
Opinions

If It’s Good Enough To Share Abroad, It Must Start at Home

by Comfort AmpomaaAugust 4, 2025
UK Ties Palestine Recognition To Ceasefire Conditions
UK

UK Ties Palestine Recognition To Ceasefire Conditions

by Lawrence AnkutseAugust 4, 2025
GSE Composite Index Hits 7,005 Points, Extending 2025 Rally to 43% YTD
Komenda Sugar Factory
Bernard Bediako Baidoo
Farage Slammed For Spreading ‘Unevidenced’ Migrant Fears
A Painful Reminder Of Unresolved Hostage Situation
UK Ties Palestine Recognition To Ceasefire Conditions
[/vc_row_inner]

Recent News

  • GSE Composite Index Hits 7,005 Points, Extending 2025 Rally to 43% YTD
  • Government Moves to Revive Dormant Komenda Sugar Factory
  • Bediako Baidoo Wins NDC Akwatia Primary Ahead of By-Election
  • Farage Slammed For Spreading ‘Unevidenced’ Migrant Fears
  • If It’s Good Enough To Share Abroad, It Must Start at Home
The Vaultz News

Copyright © 2021 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 © 2021 The Vaultz News. All rights reserved.