Drivers in Koforidua are calling on the government to do everything possible to reduce fuel prices as soon as possible.
According to the drivers, the current rate of fuel increment does not correspond with the fares they are charging considering that spare parts costs have also gone up whilst engine oil, transmission and general cost of maintenance have reached rooftops.
Some say they are unable to render sales hence car owners are threatening to seize their vehicles.
The drivers warn if the current increase in fuel prices continues they will park their vehicles and stay at home.
Johnson Gbezeh vice Chairman at Koforidua Ho station and Kwame Adu station master at Koforidua Kumasi station called on the government to do something about fuel prices in the coming weeks to avert strike action.
Some passengers feeling the brunt of the 19% fare increment are worried
Aful Kwabena, a passenger travelling from Koforidua to Swedru with his six children has to cough ghc300.
He said the situation is worsening hardship in the country.
Owners of private cars have parked their cars to board commercial vehicles due to the high cost of fuel.
The price of diesel has shot up to GH¢23.49 per litre, according to the latest prices advertised by TotalEnergies at the pumps.
Petrol is selling at GH¢17.99 per litre, while Kerosene is selling at GH¢14.70.
The new prices took effect from Tuesday, November 1, 2022.
The Institute for Energy Security (IES) had predicted that petrol and diesel prices will hit GH¢18 and ¢20 per litre for the November 2022 first pricing window.
The IES, however, noted that, unfortunately, the 1.43% fall in the price of LPG on the world market might not translate into a reduction at the domestic pump, as it may offset the cedi’s depreciation, and rather force the price of the commodity to rise further in the coming days.
Source: Mybrytnewsroom.com
