On Wednesday, February 2, 2022, the leadership of the concerned drivers’ group will convene a critical meeting to discuss the possibility of an increase in transportation fares.
According to the union, a raise of up to 40% might be on the way.
The firm claims that while they sympathize with Ghanaians’ present economic difficulties, they have no choice but to raise transportation costs in order to stay in business.
The National Petroleum Authority’s decision to reintroduce the price Stabilisation and Recovery Levy today, Tuesday, February 1, 2021, is said to have impacted the increase, according to the association.
The Association asked Ghanaians to accept the increased transportation charges whenever they are implemented. When the new tariffs are introduced, the Association further advised Ghanaians to avoid confrontations with drivers and conductors.
The fee was discontinued by the NPA in October 2021 as part of an attempt to protect consumers from the country’s continual rise in gasoline prices. This was done at President Akufo-request. Addo’s
However, the NPA stated in a news release on Monday, January 31, 2022, that the PSRL’s zeroing cannot be prolonged any longer because it is still a source of revenue for the payment of Premix Fuel and Residual Fuel Oil subsidies (RFO).
“We thus like to advise all Oil Marketing Companies (OMCs) and LPG Marketing Companies (LPGMCs) that the PSRLs on gasoline, diesel, and LPG have been completely restored as of February 1, 2022.”
Any attempt to extend the suspension will “impact the payment of subsidies to the providers of these items, and risk their continued supply to customers,” according to the statement.
The PSRL for petrol is 16 pesewas per liter (GHp16/Lt), diesel is 14 pesewas per liter (GHp14/Lt), and LPG is 14 pesewas per kilogram (GHp14/Kg).
Currently, certain Oil Marketing Companies are selling petrol for more than GH7 per liter, implying that the reinstatement of the tax would push prices much higher.
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