Despite consecutive drops in fuel prices and a stable Ghanaian cedi exchange rate, transport fares remain unyieldingly high across the nation. This situation raises concerning issues related to equity, transparency, and accountability within the public transport sector.
In recent weeks, fuel prices at the pump have consistently decreased for the fifth consecutive pricing window, resulting in a total reduction of roughly GH₵3 per liter. This translates to substantial savings of about GH₵12 per gallon for drivers, easing their operational costs significantly.
Additionally, the Ghanaian cedi has demonstrated resilience and stability, appreciating from approximately GH₵15 to a range between GH₵12 and GH₵13 per US dollar since mid-March, as indicated by data from Bloomberg and CPS. These positive trends suggest an improving economic landscape.
However, despite these developments, there has been no corresponding decrease in transport fares for commuters. Discussions about adjusting fares have been scarce, with commercial transport operators failing to officially lower prices in line with the reduced operational expenses.
This lack of action has not escaped public attention, with many Ghanaians pointing out perceived discrepancies within the transport sector. The prevailing pattern reveals that any increase in fuel prices prompts swift demands for fare hikes, strikes, and protests, yet the same urgency is absent when prices fall.
Moreover, the issue is exacerbated by the prevalent problem of fare exploitation, particularly during peak hours when drivers exploit high demand to impose arbitrary fees. Limited alternative options force most Ghanaians to accept these conditions reluctantly.
While government-subsidized services like Metro Mass Transit (MMT) and Ayalolo were established to offer affordable and reliable alternatives, their reach is restricted, schedules are inconsistent, and operational challenges persist. Consequently, profit-seeking private operators with minimal oversight fill the void left by these shortcomings.
The editorial board firmly believes that Ghanaians deserve better. Commuters are entitled not only to reasonable fares but also to a system that adjusts fairly in response to economic shifts. The current scenario underscores the pressing need for comprehensive reforms in the transport sector to promote transparency, fairness, and safeguard the interests of the average Ghanaian.
Until substantial reforms are implemented, the burden of an unjust system will continue to impact everyday commuters significantly—a silent but substantial impediment to the broader objectives of equity and social advancement.
Transport Fares Persist Unchanged Despite Dip in Fuel Prices
