Transport fares are set to decrease by 15% starting Saturday, May 24, 2025, following successful negotiations between transport operators and the Ministry of Transport.
The fare adjustment reflects recent macroeconomic developments, including a sustained appreciation of the Ghana cedi against the US dollar, which has contributed to a notable drop in fuel prices.
This development also follows a directive from the Abossey Okai Spare Parts Dealers Association urging its members to reduce auto parts prices in response to the improved exchange rate.
Abass Imoro, Industrial Relations Officer of the Ghana Private Road Transport Union (GPRTU), confirmed the fare reduction in an interview with Citi News.
