The Abossey Okai Spare Parts Dealers Association has dismissed claims that rising spare parts prices are a factor in the upcoming 20% increase in transport fares, set to take effect on March 17, 2025.
Responding to assertions made by the Alliance of Drivers – Ghana, the association, in a press statement signed by its Director of Communications, Takyi Addo, described the claims as false and misleading, urging the public to disregard them.
Association Chairman and Ghana Auto Parts Dealers Association President, Mr. Henry Okyere Jnr, insisted that spare parts prices have remained stable, with no recent increases to justify the fare hike. He attributed price stability to consistent import duties and steady market conditions.
“The new government is committed to supporting the spare parts industry. Stock levels are stable, and the prices of essential vehicle components, including engine oil and filters, have remained unchanged,” he stated.
The association called on the Alliance of Drivers – Ghana to ensure that transport fare adjustments are based on verifiable economic indicators rather than unfounded allegations. It also urged greater transparency in fare determination, advocating for the involvement of government regulators and transport unions in decision-making to ensure fairness.
Reaffirming its dedication to transparency, the Abossey Okai Spare Parts Dealers Association assured the public that it would continue to provide accurate information on industry trends and pricing.
