Home News GPRTU will raise fares by 60%

GPRTU will raise fares by 60%

by Vesta Daily
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GPRTU will raise fares by 60%

The Ghana Private Road Transport Union (GPRTU) has reiterated that it will impose a 60% rise in transportation prices in 2024, beginning in January 2024 by the Emission Levy Bill.

Beginning in January 2024, all owners of gasoline and diesel vehicles will be required to pay an annual tax of 100 cedis under the newly enacted Emissions Levy Bill by Parliament.

Through this tax, the government hopes to encourage the use of ecologically favourable energy sources for vehicle power, in line with its commitment to carbon offset programs and climate-positive efforts.

The GPRTU has petitioned the Speaker of Parliament to rethink the Emission Levy Bill in light of these events.

The GPRTU PRO raised worries about the union’s increased tax burden, pointing to its current financial difficulties.

“We already have to pay 10 pesewas per litre for emissions. Given that you consume several gallons each day, multiplied by the number of working days in a month (i.e., 10 pesewas by 4.5 for a gallon). You can only imagine the cost to one motorist. And we implored the legislature to take another look at it.

However, we did make it clear that we would also have additional issues if nothing is done or could not be done about it. “We intend to bundle our offerings and propose a minimum 60% increase in truck fares,” he revealed.

Vesta Daily
Author: Vesta Daily

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