Ghanaians who rely on public transport for their daily commute can expect some much-needed financial relief as transport fares are set to reduce by 15% starting Saturday, May 24, 2025. This development follows an agreement between transport unions and the Ministry of Transport, offering a welcome reprieve amid ongoing economic recovery efforts.
The fare reduction comes as the cedi continues to strengthen against the US dollar, contributing to declining fuel prices nationwide. The easing of fuel costs—a major component of transport pricing—paved the way for the Ghana Private Road Transport Union (GPRTU) and other operators to adjust fares downward.
Speaking to Citi News, Industrial Relations Officer of GPRTU, Abass Imoro, explained that while other cost inputs such as spare parts and lubricants have yet to see full price cuts, the decision was made to move ahead with a 15% reduction to ease the burden on commuters.
“Although spare parts prices have not seen actual reductions yet and lubricant prices remain high, we’ve decided to reduce fares by 15% beginning Saturday. We recognize the pressures on passengers and want to do our part,” he said.
The move is expected to bring significant relief to low- and middle-income earners who depend heavily on public transport for work, school, and market activities. Many commuters have long called for transport fare reductions following the recent dip in fuel prices, which had previously contributed to multiple fare hikes.
The decision also aligns with broader economic trends, including a directive from the Abossey Okai Spare Parts Dealers Association advising its members to lower prices of auto parts to reflect the improved exchange rate.
As the fare cut takes effect, passengers are optimistic it could signal the start of a broader reduction in the cost of living, with hopes that other sectors—particularly food and housing—will follow suit in providing economic relief to ordinary Ghanaians.
