Ghanaians often experience a hike in transport fares when the prices of petroleum products witness a marginal increase at fuel stations.

However, this is just one of the factors that contribute to the upward adjustment of fares.

The Public Relations Officer of the Ghana Private Road Transport Union (GPRTU), Samuel Amoah, has shed light on what goes into determining transport fares.

According to him, the cost of spare parts, insurance, lubricants, DVLA charges, and other operational expenses are key factors that influence the adjustment of transport fares.

Speaking on Joy News’ PM Express on Tuesday, March 18, 2025, and monitored by GhanaWeb Business, Samuel Amoah explained that increases in fuel prices are not the sole determinant of transport fares.

He said, “We don’t only consider fuel prices to determine our transport fares... We have some other components, like the cost of spare parts, as I mentioned earlier. We have the cost of lubricants, taxes, and other petroleum products as well.”

Currently, petrol is selling at an average price of GH¢15.30, while diesel is priced at GH¢15.42 at some Oil Marketing Companies.

The Public Relations Officer of GPRTU said that even if fuel prices are reduced at fuel stations, transport fares will not automatically decrease since other variables also contribute to fare adjustments.

SA/EK

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