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, expressed concern over transport operators raising fares without justification amid rising fuel prices. The NPA has increased minimum price floors for petrol and diesel to address this issue. During an interview on Joy News’ PM Express Business Edition, Tamakloe stated he is "greatly worried" about the arbitrary fare hikes.
He emphasized that while some costs like vehicle maintenance and driver payments remain stable, fuel prices pose significant pressure. The stability of the cedi has helped mitigate some imported spare part cost increases. Government interventions have been made to offset the impact of higher fuel costs. Through discussions with transport owners, both parties have agreed to share the burden of increased expenses.
These talks have helped prevent a widespread rise in transport fares. However, Tamakloe noted that a few operators have disregarded the engagements and increased fares unilaterally. He commended the leadership of transport unions for their constructive engagement thus far.
Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
