Transport fares across Ghana will drop by 15% starting Saturday, May 24, 2025. This follows successful talks between transport operators and the Ministry of Transport.
The drop reflects recent economic improvements. The cedi has gained strength against the dollar, leading to lower fuel prices.
The Abossey Okai Spare Parts Dealers Association has also urged members to cut prices, thanks to the stronger exchange rate. While price cuts on parts and lubricants are still pending, transport leaders decided to move ahead.
Abass Imoro, Industrial Relations Officer of the Ghana Private Road Transport Union (GPRTU), confirmed the move during an interview with Citi News.
“We’ve agreed to reduce lorry fares by 15%. It begins Saturday. Spare parts sellers have promised to cut prices, but we haven’t seen it yet. Even so, we believe now is the right time to ease the burden on commuters,” he said.
The fare reduction offers quick relief to passengers and reflects Ghana’s improving economic outlook.
