BUSINESS NEWS
Transport fares to go up!
Transport operators are likely, in the coming weeks, to push for an increase in transport fares.
The likely price increment in fares comes on the back of a review of prices of petroleum products sold to Oil Marketing Companies by Bulk Oil Distributors in the country.
The review will see prices going up between one per cent and three per cent, with a litre of diesel selling at GH¢ 5.05 pesewas and a gallon selling at GH¢ 22.72 pesewas.
A litre of petrol, on the other hand, will be selling for GH¢ 5.14 pesewas with a gallon going for GH¢23.13 pesewas.
The likely push in the increment of transport fares by transport operators is in view of the current convention between government and operators that should prices of petroleum products go beyond five per cent within a quarter, there should be talks for increments in fares.
Bulk Oil Distributors are expected to forward the new prices to Oil Marketing Companies this weekend for the necessary price changes starting next week.
SOURCE: Norvanreports.com
-
Lifestyle1 month ago
Road Safety Authority narrates how buttocks causes road accident
-
GENERAL NEWS2 months ago
Why 15 police officers stormed Owusu Bempah’s church – Kumchacha narrates
-
GENERAL NEWS1 month ago
Watch how Ibrahim Mahama rode Honda superbike to pay last respects to late friend
-
GENERAL NEWS1 month ago
How Offinso residents storm destooled queen mother’s house, demand for new chief
-
South Africa News1 month ago
Woman thrown out of a speeding taxi while on her way to work
-
GENERAL NEWS3 weeks ago
Deadly clash between youth and navy personnel results in two deaths at Tema Manhean
-
SHOWBIZ KONKONSAH3 weeks ago
Junior Pope’s Death: Video of John Dumelo refusing to join canoe for movie shoot over safety concerns resurfaces
-
News Africa2 months ago
‘Satanically dubious’ – SCOAN releases statement on BBC’s report about TB Joshua, church