Deregulate transport fares – COPEC Ghana tells govt

The Executive Secretary of the Chamber of Petroleum Consumers Ghana (COPEC – Ghana), Mr Duncan Amoah has asked the government to deregulate transport fares in the country just as has been done with fuel prices.

In his view, deregulation of transport fares will deal with the challenges that come along with increasing fares by transport operators.

Speaking in interview with TV3 on the recent 20 per cent increment in transport fares, Mr Duncan Amoah said “we should get to a point where because we have deregulated fuel prices, we could also deregulate transport fares and get cost per kilometer, per head.

“Once that is done the variable cost which is the petrol, the spare parts, the other inputs cost like engine oil, plugs and the rest, they come into build up. So when there is a change you could factor them and you will still be able to determine the cost per head per kilometer.

“That should be a little more scientific, the Transport Ministry will need to work with our document , they are in possession of the document.”

Members of the Concerned Drivers Association of Ghana increased transport fares by 20 per cent.

They cited the high cost of fuel in the country as the main reason for this increment.

Public Relations Officer of the Association, David Agboado said on the mid day news on TV3 Saturday May 7 that “We have started these new fares this morning.”

Source: 3news.com|Ghana