Ghana Chamber of Petroleum Consumers have called on government and stakeholders to reduce transportation fares by 5 percent for Ghanaian commuters to benefit.
According to the Chamber of Petroleum, fuel prices was traded at GHS5.650 per litre but fell due to a global fall in demand and its attenddant effects on pricing.
They said that fuel prices dropped by over 30% to below GHS3.890 per litre and has currently gone up marginally by a cumulative average of 16% to currently an average of GHS4.80 per litre at the pumps.
These were contained in a statement issued on July 26, 2020 in Accra, and signed by the Executive Secretary, Duncan Amoah.
This comes following the President’s 14th COVID-19 address to the nation on Sunday with the directive that commercial transport operators can pick the normal number of passengers as before the lockdown, accompanying social distancing restrictions.
They said “the Chamber takes cognisance of the fact that the period prior to the covid-19 lockdowns and restrictions had fuel prices trading at ghc5.650/litre but due to a global fall in demand and its attendant effects on pricing, fuel prices dropped by over 30% to below Ghc3.890/litre and has in recent times gone up marginally by a cumulative average of 16% to currently average 4.80/litre at the pumps”.
According to them, commuters have recently been forced to cough up additional 15-30% transport fare increases adding that, “it has now been restored in favour of our commercial transport operators and thus the recent increases of between 15-30% must and should be reversed forthwith, though revenue until date has been losing per trip by the commercial transport operators”.
According to the Chamber of Petroleum Ghana, the marginal fuel price increase is an excuse ostensibly to deny Ghanaian commuters the deserved reductions in transport fares since the fuel price variance before and after the lockdown period remains a distant 10%+, whuch is positive to the commercial transport operators.
“The above thus renders any possible argument on the part of transport operators for stay of current transport fares at this point, citing the marginal fuel price increases as an excuse ostensibly to deny Ghanaian commuters the deserved reductions in transport fares moot since the fuel price variance before and after the lockdown period remains a distant 10%+ positive to the commercial transport operators at this point”.
The Chamber of Petroleum Ghana, have therefore appealed to stakeholders in the transport sector including the GPRTU, Concerned Drivers Association, Committed Drivers Association and the Ghana Road Transport Cordinating Council find amicable ways to ensure that transport fares are reduced by close of today.
“We are, by this statement calling on some of our major stakeholders in the transport sector including the GPRTU, Concerned Drivers Association, Committed Drivers Association and the Ghana Road Transport Cordinating Council to immediately without fail, ensure that transport fares are reversed by close of day tommorow.
“Not only to previous rates but a further 5% reduction possibly on the previous rates before these recent increases since fuel price variance as at this point remains positive by at least a further 12% from the pre covid-19 lockdown period”.
By Agnes Melissa Yovo | Talksafrica.com