The Ghana Private Road Transport Union (GPRTU) has indicated that any adjustment to transport fares will be considered when conditions allow, even as pressure grows on operators to pass on savings from recent fuel price declines.

The union’s comments come amid calls from energy sector analysts and industry observers for transport operators to reduce fares in line with lower pump prices. While fuel costs have eased in the current pricing window, GPRTU maintains that the overall cost structure of transport operations remains high.

According to the union and commercial drivers, key operational expenses—such as vehicle maintenance, spare parts, tyres, lubricants, and financing—remain elevated, limiting the immediate potential for fare reductions. These costs continue to weigh heavily on operators despite relief from lower fuel prices.

GPRTU’s Public Relations Officer, Abass Imoro, emphasized that the union has a history of adjusting fares when conditions permit. He cited the May 2025 fare cut, when transport fares were reduced by 15 percent following lower fuel prices and improved operating conditions, as evidence of the union’s willingness to act.

“The last year 15% fare reduction, nobody forced us. We saw the need, and we acted. Now there has been another reduction in fuel prices, and we are ready to decrease fares further when operating costs, like spare parts, oil, and other essentials, also reduce sustainably,” Imoro told Citi Business News.

He added that despite a drop in the dollar exchange rate, prices for essential items like lubricants have not fallen, keeping overall operational costs high. “For example, the oil I buy at GH¢600 for five litres last year is still the same price today,” he explained.

Meanwhile, the Chamber of Petroleum Consumers (COPEC) has urged commercial transport operators—including ride-hailing platforms such as Bolt, Uber, and Yango—to review and adjust fares to reflect the recent reductions in fuel prices. COPEC’s year-on-year assessment shows that consumers are currently benefiting from savings of GH¢3 to GH¢4 per litre on petrol and diesel compared with January 2025.

GPRTU stressed that fare adjustments will be implemented without delay once there is sustained evidence of lower costs across all major operational components.