GPRTU to review transport fares on Jan. 7

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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

Kofi Oppong Kyekyeku

I am a Ghanaian Broadcast Journalist/Writer who has an interest in General News, Sports, Entertainment, Health, Lifestyle and many more.

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