|
Getting your Trinity Audio player ready...
|
The Ghana Private Roads Transport Union (GPRTU) says it will review
the prices of transport fares on January 7, 2015.
A statement signed by GPRTU's General Secretary, Stephen Okudzeto said
although the reduction of fuel prices is taking effect on January 1,
2015, the union is on a short break and will accordingly review its
prices upon resumption.
The GPRTU has thus appealed to the general public to exercise
restraint with public transport operators until January 7 when new
prices will be announced.
The Union also commended the government for the reduction, stating
that it will help reduce their operational cost.
The National Petroleum Authority (NPA) on December 31, 2014 announced
a 10% reduction in the prices of petroleum products.
Following weeks of incessant demands by Ghanaiansfor a drastic
reduction in petroleum prices, the NPA met on Tuesday for a review.
The calls came on the back of the sharp decline in crude oil prices on
the world market.
But the NPA refused to adjust petroleum pricesto reflect the world
market price.
The authority said due to its huge indebtedness to the Bulk Oil
Distribution Companies (BDCs), it was using the opportunity to gather
funds to pay off its debt of about GHC 412 million.
So far, GHC 200 million has been paidto the BDCs.
Credit: Citifmonline.com
