The Commercial Transport Operators of Ghana has urged commercial drivers across the country to maintain existing transport fares despite the latest increases in fuel prices, insisting that the current hikes do not justify an upward adjustment.
In a press release issued on Thursday, July 16, 2026, the transport group said it had carefully assessed the recent fuel price changes and concluded that the conditions required for a fare review have not yet been met.
According to the association, the agreed pricing mechanism between transport operators and key stakeholders provides that transport fares can only be reviewed when there is a cumulative increase or decrease of at least 10 percent in fuel prices.
The group explained that although fuel prices have gone up in recent pricing windows, the overall increase has not reached the 10 percent threshold needed to trigger a fare adjustment.
The operators further noted that previous reductions in fuel prices had helped stabilize transport fares, stressing that any decision to increase fares should take into account both recent increases and earlier price reductions.
“We are mindful of the reductions that occurred in previous pricing windows which helped to stabilize fares. Any increase now must be balanced against those reductions,” the statement said.
The association therefore appealed to all commercial drivers, transport unions, and vehicle owners to continue charging the current approved fares in the interest of both passengers and operators.
It also assured the public that it remains committed to protecting the welfare of drivers while ensuring commuters are not subjected to unjustified fare increases.
The Commercial Transport Operators of Ghana said it would continue to monitor developments in fuel pricing and engage government as well as other stakeholders should the need for a fare review arise.
By 1960news.com
