Users of public transport will enjoy a 10 percent reduction in fares effective Wednesday, May 17, 2023.
The road transport operators in a statement on Monday night said the reduction affects shared taxis, intra-city (trotro), intercity (long distance) and haulage.
This followed consistent marginal reductions in the prices of petroleum products.
“In line with the administrative arrangement on public transport fares, the road transport operators have reduced public transport fares by 10 percent to accommodate for the reduction in the price of petroleum products observed over the period”, the operators announced.
Prices of petroleum products have seen a marginal decline in the second pricing window of May 2023 as a result of the decrease in the price of crude on the international market and relative stability of the Ghana cedi.
Predictions are that diesel, petrol and will likely be sold for GH¢12.30 and GH¢12.15 per litre respectively at the pumps.