Road Transport Operators have announced a reduction of transport fares by 15.3% effective Monday, December 19, 2022.

The reduction, according to operators covers shared taxis, Intra-city(Trotro), Intercity(Long distance), and haulage.

“With the recent reductions in the price of petroleum products, it became necessary to engage stakeholders to give consideration to a review of the fares in line with the Administrative Instrument. Consequently, series of negotiation meetings were held with stakeholders to agree on an acceptable level of fare reduction commensurate with the current fuel prices,” said the Operators in a statement on Friday.

Commercial Transport Operators have been asked to comply with the new fares and post same at their loading terminals.

The last review saw a 19% upward adjustment in transport fares.

Source: Ghana/ Fm