Home News Transport Fares Increased By 10% Effective Next Week.

Transport Fares Increased By 10% Effective Next Week.

The National Drivers Association has announced that effective Monday, February 22, 2021, transport fares will be increased by 10%. A statement issued on Monday under the signatories of Chairman William Osei and other executives said “We the National Drivers Association of Ghana wish to announce to cherish clients that, there will be 10% increment of passengers fare coming Monday 22/02/2021.

This decision was informed by the increment some taxes at the DVLA and the ports”. The statement further said “as we speak, the service charge at DVLA has been increased to 15%, the tariff on spare parts increased to 40%, the tariff on Lubricants increased by 25%. Due to the rapid increase of these services, we are calling on all Ghanaians to comply with the introduction of the new fare coming Monday”

The Association reminded all drivers to ensure passengers put on nose masks before they enter their vehicles”.

In other news, the government of Ghana faces another fresh judgment debt of approximately $120million after GCNET served notice after its contract was shabbily terminated by a team led by Osafo Maafo then Senior Minister.

This latest one comes up at a time the International Court of Arbitration awarded a cost of $134 million and an interest of $30 million against the Government of Ghana over the cancellation of an Emergency Power Agreement with GCGP limited under the former Energy Minister Boakye Agyarko as part of several other energy contracts canceled by the NPP on the basis that the country did not need those power agreements.

The ruling by the International Court of Arbitration ordered the government to Ghana to pay to “GPGC the full value of the Early Termination Payment, together with Mobilization, Demobilization and preservation and maintenance costs in the amount of US$ 134,348,661, together also with interest thereon from 12 November 2018 until the date of payment, accruing daily and compounded monthly, at the rate of LIBOR for six-month US dollar deposits plus six percent (6%).”

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