The Chamber of Petroleum Consumers (COPEC) is proposing a data-driven and scientific approach in determining transport fare adjustments in Ghana.
This comes in response to the Ghana Road Transport Coordinating Council’s earlier planned 20% fare increase, which the council attributed to several factors including the failure of prices of goods, services, and spare parts to adjust following a 15% fare reduction in May.
Although the driver union has since suspended the fare hike, COPEC Executive Secretary, Duncan Amoah, in a Citi Business News interview indicated that reliance on negotiations between transport ministers and driver unions to set fares is outdated.
He stressed that future transport fare adjustments should be anchored on transparent, evidence-based calculations.
“Public transport fare should be scientifically driven. Not whims and wishes. Scientifically to the extent that when you come to the petroleum sector, we are able to determine the cost per litre per kilometer in country using all the metrics that we use in calculating transport fares so that we can also publish same,” he said.
Meanwhile, the Chamber of Petroleum Consumers has put on hold its plans to challenge the proposed 20% increase in transport fares in court following the suspension of the hike which was set to take effect from August 8, 2025.
