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Fuel price hikes do not justify transport fare increase – Commercial Operators warn

by Hamdia Mohammed
July 16, 2026
in Business, Economy
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Fuel price hikes do not justify transport fare increase – Commercial Operators warn
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Commercial transport operators in Ghana have ruled out any immediate increase in transport fares despite recent hikes in fuel prices, insisting that current pump price adjustments do not meet the threshold required to trigger a fare review.

The position of the transport operators comes after the Chamber of Petroleum Consumers (COPEC) projected marginal increases in fuel prices for the second pricing window of July 2026, with petrol expected to rise to around GH¢13.84 per litre and diesel projected at approximately GH¢14.91 per litre.

In a statement on Thursday, July 16, 2026, the Commercial Transport Operators of Ghana urged commercial drivers and transport owners across the country to maintain existing fares in the interest of commuters and the general public.

“The current fuel hikes cannot be a justifiable reason for transport fare increase at this time,” the group stated.

According to the operators, existing arrangements between transport unions, government and other stakeholders stipulate that transport fares can only be reviewed when there is a cumulative increase or decrease of at least 10 percent in fuel prices.

“Per the agreed fare adjustment formula with stakeholders, a fare review can only be considered when there is a cumulative increase or decrease of 10% or more in fuel prices,” the statement noted.

The operators further argued that previous reductions in fuel prices, which contributed to the stability of transport fares, should also be factored into any future discussions on fare adjustments.

“We are mindful of the reductions that occurred in previous pricing windows which helped to stabilize fares. Any increase now must be balanced against those reductions,” the statement added.

The group added that it would continue to monitor developments in fuel pricing and engage government and relevant stakeholders where necessary.

Tags: Commercial transport operatorsFuel Price HikesGhana NewsTransport Fare Increments
Hamdia Mohammed

Hamdia Mohammed

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