Many residents in Kumasi are not taking the newly effected fuel price hikes well.
Drivers say they are patiently waiting for the GPRTU to come out with new fares.
Taxi drivers complain that they have started feeling the impact of the hikes. They explain that passengers are opting for “trotro” buses to the detriment of taxi business.
Many passengers also expressed disgust at the price increments in petroleum products and wondered why fuel prices would be rising whilst world prices are dropping.
Many workers are also demanding corresponding salary increments.
The energy sector levy introduced by government has triggered an almost 30 percent increase in the price of petroleum products since January 1.
Parliament rushed through an emergency Energy Sector Levy Bill (2015) that imposed more taxes on petroleum products. It was introduced on December 21 by the Finance Minister and passed after two days.
The Ghana Private Road Transport Union say they are already in a meeting to determine new tariffs to reflect the new fuel prices among other factors.
According to the GPRTU, any fuel price increase beyond 12 percent warrants a corresponding fare increase.
Prices of other products such as spare parts, insurance, tyres, road worthy certificates would be considered during deliberations on new transport fares.
