The Ghana Road Transport Coordinating Council (GRTCC) has denied reports that transport fares have been increased by 15 percent effective Monday, February 6, 2017.
The General Secretary of the Council Andrew Kwakye in an interview with Accra-based Citi FM said even though they have been meeting, they are yet to reach an agreement.
“From the point of GRTCC, there has not been any agreed fare increases effective today [February 6, 2017] but the situation could be described as work in progress for now.”
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He explained that the change in government has also delayed the process of the adjustment of transport fares.
“Though our fare reviews are done twice in every year, unfortunately for this year, there has been a transition with a new government in place so all of the engagements that we formally have with the Ministry in December and January have been delayed partly because there is no substantive minister in place. That is why we have given ourselves the whole of January,” he said.
Transport fares were increased by 15 percent for the first adjustment period in February 2016.
Kwakye added that the group will possibly meet with the Transport Ministry this week for further discussions.
“We are going to have serious engagements with the Ministry possibly from today. All the preliminary works have been done; we have done the market survey among others so that immediately the Minister is confirmed or otherwise, then we will have the meeting with the Ministry.”
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Even though the prices of petrol and diesel increased by between 8 and 11 percent for the first pricing window in January 2017, it is unclear the margin of transport fare increase for this time round.
However, factors such as the drop in inflation could result in a marginal increase in the transport fares.