NPA boss flags ‘recalcitrant’ transport operators raising fares arbitrarily
The CEO of the National Petroleum Authority (NPA), Godwin Edudzi Tamakloe, says he is “greatly worried” about attempts by some transport operators to increase fares arbitrarily following recent increases in fuel prices.
The CEO of the National Petroleum Authority, Godwin Edudzi Tamakloe, has expressed concern over some transport operators raising fares arbitrarily amidst rising fuel prices. This follows the NPA's recent minimum price increases for petrol and diesel. In an interview on Joy News' PM Express Business Edition, Mr Tamakloe stated his worry about the impact on businesses and inflation.
Engaging with transport operators, the NPA and Transport Minister have discussed the effects of fuel prices on their operations. Mr Tamakloe emphasized that transport businesses face significant costs, such as vehicle maintenance, spare parts, fuel, and driver payments. He noted that while insurance costs have remained stable, fuel prices now pose the primary challenge. Additionally, the cedi's stability has alleviated some financial pressures on imported spare parts.
The government has periodically intervened to offset higher fuel costs, but Mr Tamakloe acknowledged the need for both parties to share some of the increased expenses. These discussions have helped prevent a widespread increase in transport fares. The CEO praised transport unions, such as GPRTU and PROTOA, for their constructive engagement, which he believes has had a significant impact.
However, he highlighted that a few operators have disregarded these talks and raised prices without justification, labeling them as "recalcitrant."
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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