• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, June 17, 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

When The Fuel Price Goes Up, We Must Also Adjust Ours- Concerned Drivers Association

May 7, 2022
Stephen M.Cby Stephen M.C
in General News
0
Spokesperson for the Concerned Drivers Association, David Agboado, has expressed the need for the Association to review its fares upwards anytime fuel prices goes up.

Spokesperson for the Concerned Drivers Association, David Agboado, has expressed the need for the Association to review its fares upwards anytime fuel prices goes up.

 Mr Agboado revealed that it is not important for transport operators to meet with the Transport Ministry and the Ghana Road Transport Coordinating Council (GRTCC) before any upward adjustment in transport fares is made. He explained that the existing convention whereby the three parties meet to agree on an increase in fares has outlived its purpose owing to the fact that there is currently deregulation in fuel price build-up.

Mr. Agboado indicated that there is currently no subsidy in fuel prices, hence, meeting government to determine a percentage increase in transport fares is no longer needed.

RelatedPosts

MP Urges Urgent Action After 7 Students Drown in Dikpe

Speaker Bagbin Celebrates Ghana’s Unique Peaceful Coexistence 

CLOGSAG Demands Removal of Botchwey Before Work Resumes

“Normally government doesn’t have a say we increasing transport fares, but when government used to subsidise fuel price, there was some convention and that convention has broken down and we don’t want to go by it again. When the fuel price goes up, we must also adjust ours, that is why we are coming out with this.”

David Agboado

The spokesperson for the Concerned Drivers Association highlighted that government does not inform drivers before any increase in fuel prices at the pump is implemented. As such, a similar situation should be applied to the increase in transport fares.

“It was in 1995 thereabout that the convention was set because of the subsidisation of the fuel, but now there is no any subsidy, we go to the pump and buy it directly. When fuel price would increase they don’t inform us the stakeholders, we just go to the pump and it is announced that they have increased it. So it must be applied and that is what we will be doing these days.”

David Agboado

Adjustment of transport fares

Meanwhile, commenting on concerns that the Ghana Road Transport Coordinating Council (GRTCC) has not been in consultation with the Ghana Private Road Transport Union (GPRTU) to reach a consensus on a 20% increase in transport fares, the General Secretary of GRTCC, Emmanuel Ohene Yeboah emphasized that the usual convention has been for the Union to meet with the GRTCC and the Transport Ministry before any upward adjustment in transport fares is announced. However, he revealed that the Council is not aware of the 20% increase in transport fares.

“As a party, whenever there is a fuel increase and its corresponding increase in transport fares, the operators, that is the GPRTU and the GRTCC will meet together with the Ministry of Transport to discuss and agree on the percentage increase. But as I speak to you, there is no meeting of such nature, so for anybody to come out with a definite statement that we are going to increase by this percentage at this time, I don’t know.”

Emmanuel Ohene Yeboah

It will be recalled that the Ghana Private Road Transport Union (GPRTU) announced an upward adjustment of transport fares effective today, May 7, 2022. Samuel Amoah, a member of the National Communication Team of the GPRTU, revealed that the increase is as a result of President Akufo-Addo’s comments that government cannot afford to remove taxes on petroleum products.

“So, this news came to us and then we also came to a round table and found out that there is nothing they could do about reducing the taxes on petroleum products, that is why we also organized ourselves, did our calculations and now from… May 7, we are coming up with 20% upward adjustment in our transport fares.” 

Samuel Amoah

READ ALSO You Can Trust John Mahama To Scrap The E-levy- Osman Ayariga

Tags: Concerned Drivers AssociationFuel PricesGhana NewsTransport fares
Please login to join discussion
Previous Post

No “Half-in, Half-out” Royal to Appear on Buckingham Palace Balcony

Next Post

Introduce Robust Policies To Deal With Cyber Security Issues, BoG Urges Republic Bank

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Trump Tax Bill To Widen Deficits By $2.8T After Factoring In Economic Impacts
USA

Trump Tax Bill To Widen Deficits By $2.8T After Factoring In Economic Impacts

June 17, 2025
Ibrahim Mahama Gifts Azumah Nelson an SUV
Sports

Ibrahim Mahama Gifts Azumah Nelson an SUV

June 17, 2025
Hon. Bede A. Ziedeng, Students, River
General News

MP Urges Urgent Action After 7 Students Drown in Dikpe

June 17, 2025
Egypt’s Foreign Minister Urges Immediate Ceasefire Between Israel And Iran
Asia

Egypt’s Foreign Minister Urges Immediate Ceasefire Between Israel And Iran

June 17, 2025
Mahama Reaffirms Green Energy Commitment at Ghana-EU Forum 
Extractives/Energy

Mahama Reaffirms Green Energy Commitment at Ghana-EU Forum 

June 17, 2025
Speaker of Parliament, Rt. Hon. Alban Kingsford Sumana Bagbin
General News

Speaker Bagbin Celebrates Ghana’s Unique Peaceful Coexistence 

June 17, 2025
Trump Tax Bill To Widen Deficits By $2.8T After Factoring In Economic Impacts
USA

Trump Tax Bill To Widen Deficits By $2.8T After Factoring In Economic Impacts

by Comfort AmpomaaJune 17, 2025
Ibrahim Mahama Gifts Azumah Nelson an SUV
Sports

Ibrahim Mahama Gifts Azumah Nelson an SUV

by Evans Junior OwuJune 17, 2025
Hon. Bede A. Ziedeng, Students, River
General News

MP Urges Urgent Action After 7 Students Drown in Dikpe

by Silas Kafui AssemJune 17, 2025
Egypt’s Foreign Minister Urges Immediate Ceasefire Between Israel And Iran
Asia

Egypt’s Foreign Minister Urges Immediate Ceasefire Between Israel And Iran

by Comfort AmpomaaJune 17, 2025
Mahama Reaffirms Green Energy Commitment at Ghana-EU Forum 
Extractives/Energy

Mahama Reaffirms Green Energy Commitment at Ghana-EU Forum 

by Prince AgyapongJune 17, 2025
Speaker of Parliament, Rt. Hon. Alban Kingsford Sumana Bagbin
General News

Speaker Bagbin Celebrates Ghana’s Unique Peaceful Coexistence 

by Evans Junior OwuJune 17, 2025
Trump Tax Bill To Widen Deficits By $2.8T After Factoring In Economic Impacts
Ibrahim Mahama Gifts Azumah Nelson an SUV
Hon. Bede A. Ziedeng, Students, River
Egypt’s Foreign Minister Urges Immediate Ceasefire Between Israel And Iran
Mahama Reaffirms Green Energy Commitment at Ghana-EU Forum 
Speaker of Parliament, Rt. Hon. Alban Kingsford Sumana Bagbin
[/vc_row_inner]

Recent News

  • Trump Tax Bill To Widen Deficits By $2.8T After Factoring In Economic Impacts
  • Ibrahim Mahama Gifts Azumah Nelson an SUV
  • MP Urges Urgent Action After 7 Students Drown in Dikpe
  • Egypt’s Foreign Minister Urges Immediate Ceasefire Between Israel And Iran
  • Mahama Reaffirms Green Energy Commitment at Ghana-EU Forum 
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.