Commuters will start paying 15% more for fares starting Monday February 1.
Acting General Secretary of the Ghana Road Transport Coordinating Council (GRTCC), Andrews Kwesi Kwakye, announced the revised fares on Sunday, January 31 at the PROTOA head office in Accra.
According to stakeholders in the industry, the new fares are as a result of the increase in the prices of petroleum products, a domino effect of the passage of the energy sector levy by parliament.
It caused the prices of petroleum products to shoot up by 27% as of January 4, 2016.
A gallon of petrol now sells around Ghc15.40 pesewas with diesel going for Ghc14.50 pesewas. The price of LPG has also gone up by about 18 percent. The Ghana Private Road Transport Union (GPRTU) had warned all its members to desist from increasing transport fares until new fares were announced after negotiations.