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Business News of Monday, 16 September 2019


Fuel Price Hike: Lapaz to 37 transport fare now GHC2.80p

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Passengers travelling from Lapaz to 37 in Accra are now paying GHC2.80p following the 10 per cent increment in transport fares by the Ghana Private Roads Transport Union (GPRTU).

The increment started Monday September 16, 2019.

Before the increment, passengers were paying GHS2.50p for the same journey.

The Road Transport Operators announced the increment last Tuesday to cover intra-city transportation and inter-city or long-distance travels.

A statement from the GPRTU and the Ghana Road Transport Coordinating Council which announced the increment said the increase is “to accommodate predominantly an increase in fuel prices.”

The increases were brought on by the mid-year budget review and subsequent Parliamentary approval which saw an upward adjustment in the Road Fund Levy (RFL), the Energy Debt Recovery Levy (EDRL) and the Price Stabilization and Recovery Levy (PSRL).