The Managing Director of Bulk Oil Storage and Transportation, Edwin Alfred Provencal, has urged the Ghana Private Roads and Transport Union (GPRTU), to reduce transport fares, as fuel prices have been reduced.
Speaking on Movement in the morning show on Movement TV/ Wontumi Radio, he noted that it’s just fair that the transport unions also speak to their members to reduce transport fares, as fuel prices, the reason for which the drivers increased transport fares, has been reduced.
“I want to use your platform to appeal to the GPRTU that they reduce transport fares. It’s not fair that prices of fuel have reduce from 23cedis per liter to 12 cedis per liter which is petrol and yet drivers have decided not to reduce transport fares”, he told Kwaku Dawuro.
Mr. Provencal gave credit to government’s Gold for Oil deal, noting that the deal has begun yielding positive results, as prices of fuel have begun dropping.
Speaking on the sustainability of the deal, Mr. Provencal noted that Ghana has a lot of gold and if the country needs a lot of oil, then the deal could be sustained. But the main focus is geared towards reducing the prices of fuel and if it’s reduced to a level where the government sees it to be okay, then the country could reserve the gold.
“In any case, the market prices will determine whether we would want to continue the deal. We want to reduce prices to a single digit- it’s to benefit the ordinary Ghanaian”, he stressed.