• About Us
  • Photo Gallery
  • Privacy Policy
  • Terms Of Use
Saturday, January 28, 2023
Republic Online
Advertisement
  • Home
  • News
  • Politics
  • Business
  • Showbiz
  • Sports
  • Foreign
  • Coronavirus
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Showbiz
  • Sports
  • Foreign
  • Coronavirus
  • Opinion
No Result
View All Result
Republic Online
No Result
View All Result
Home News Business

We’ll increase fares if traders fail to reduce prices – C-DAG

The Concerned Drivers Association of Ghana (C-DAG) has announced plans to increase transport fares.

Andy Frimpong Manso by Andy Frimpong Manso
January 24, 2023
in Business, General, Lead story, Local News, News, Review, Top Stories
0 0
0
We’ll increase fares if traders fail to reduce prices –  C-DAG
0
SHARES
13
VIEWS
Share on FacebookShare on Twitter

The Concerned Drivers Association of Ghana (C-DAG) has announced plans to increase transport fares.

In a press statement issued, the association noted with dismay that traders have failed to reduce prices of goods even when the transport sector reduced fares by 15 percent.

According to them, they are disappointed because prices of stationery have been increased when schools reopened recently.

“We learnt with an utmost shock, the levels at which the prices of exercise, notes and textbooks at the various bookshops.”

C-DAG also noted that, “Government has also failed to keep stable the prices of petrol and the dollar rate.”

“On top of our predicament, the government through the Public Utilities Regulatory Commission (PURC) announced a 29.96 percent and 8.3 percent in electricity and water tariffs respectively.”

“Inflation is also hovering around 54.1 percent.”

Read the full Press Release.

Planned Increment of Transport Fares

We have learnt with regret the continued increment of prices of goods and services in the country.

Much to our dismay, sellers have failed to reduce the prices of their goods even after we reduced transport fares by 15 percent. The prices of foodstuffs and vegetables keeps soaring at the various local markets. A development that our earnings cannot compensate.

We have become more startled even as a result of the prices of stationery, that which we have experienced at the reopening of schools. We learnt with an utmost shock, the levels at which the prices of exercise, notes and textbooks at the various bookshops.

We are really wobbling in a difficult situation to provide these kind of books for our children.

Government has also failed to keep stable the prices of petrol and the dollar rate.

There’s been some levels of increment in the prices of petrol with an imminent increment expected at the beginning of February as forecasted by experts.

It must be noted that, the prices of lubricants and spare parts have also not been reduced. Our colleagues in the transport sector chain who sell spare parts at Abossey Okai have made it clear to us that they are not able to reduce their prices as a result of the dollar rate.

So, even though we reduced transport fares not too long ago, we have determined that we have placed ourselves at a disadvantaged position.

On top of our predicament, the government through the Public Utilities Regulatory Commission (PURC) announced a 29.96 percent and 8.3 percent in electricity and water tariffs respectively.

Inflation is also hovering around 54.1 percent.

So, at this stage we are left with no option but to reintroduce the 15 percent reduction of transport fares we instituted.

We encourage Ghanaians to agree with us when the reintroduction takes effect.

Signed: Kwasi Arhin, Central Regional Chairman

Akwadaa Nyame, Ashanti Regional Chairman

 

Tags: Concerned Drivers Association of GhanaincrementTransport Fares




  • Some NDC MPs raise concerns over front bench reshuffle, petition party leadership for answers. 

Find out more at myrepubliconline.com

#RepublicNews
  • Members of the NDC in Asewase, Ashanti Region, protesting against the leadership
  • Some members of the National Democratic Congress from the Tamale South Constituency are unhappy with the removal of Haruna Iddrisu as Minority Leader. 

#RepublicNews
  • On our way to look for those who buy cars 🤣🤣🤣🤣

#RepublicFun
  • "Do you know what it is to be a President? And you stand and say incompetent Mahama administration"

John Mahama (2016)

#RepublicNews
  • Mamponghene and mamponghemaa on the dance floor🥰🥰🥰

#RepublicFun
  • "Don
  • "Don
  • Nananom in Ashanti Region highly values and admires you. -Daasebre Osei Bonsu ll, Paramount Chief of Asante Mampong to Dr Bawumia 

#RepublicNews

NEWSLETTER

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Showbiz
  • Sports
  • Foreign
  • Coronavirus
  • Opinion

© 2021 All Rights Reserved myrepubliconline.

Welcome Back!

Sign In with Facebook
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist