Chamber of Consumer Protection Calls for immediate reduction in transport fares

The Chamber of Consumer Protection is calling on the Ministry of transport to call the GPRTU to order, because the transport union disrespected the consultative process and imposed the price increases before the dialogue between the National Petroleum Authority the Ministry of Transport and the Transport Union itself.

Here is the full statement of the of Consumer Protection

The Chamber for Consumer Protection and public Safety has noted with great concern, the announcement of a 15% increase in transport fares as approved by the Ghana Road Transport Coordinating Council (GRTCC) effective today 1st February, 2016.

We are outraged by this latest increase, more because, the prices at the pump for various petroleum products are expected to see a reduction effective today 1st February, 2016.

We have taken cognisance of the fact that petrol prices went up by some 28% this year which would have warranted a commensurate increase in transport fares. However, the Chamber had equally taken note of the fact that, prices at the pump remained lower than they were in July 2015 before the increase of fare by transport operators.

The Chamber remained cognisant of the fact that, soon after the increase in transport fares in July 2015, prices of fuel kept going down consistently. This had resulted in transport operators making windfall profits. It has become a constant worry for the Chamber, the speed of light with which businesses in this country would not hesitate shifting cost to the poor consumer.

The drive and desire for profit is causing the business man to mount unbearable pressure on the already burdened Ghanaian. We are, with this statement, demanding an immediate reversal of the announced 15% increase in transport fares as we deem it unwarranted and inappropriate to the ordinary consumer.

We are convinced beyond every reasonable doubt that, should prices remain where they are, the transport operators would still make profit worthy enough to sustain their business.

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