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Middle East tensions drive fuel surge, but local costs hurt more — GPRTU
April 1, 2026
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Middle East tensions drive fuel surge, but local costs hurt more — GPRTU

Money
Policy
Growth

Key Points

  • The GPRTU warns that proposed government relief measures are inadequate to address the severe financial pressures on commercial drivers.
  • Drivers are facing a multi-layered cost crisis including steep increases in spare parts, insurance premiums, DVLA renewal fees, and operational charges.
  • Fuel prices in Ghana have surged significantly, with petrol jumping from GHS 10.46 to GHS 13.30 per litre and diesel from GHS 11.42 to GHS 17.10 within a month, driven by global crude price hikes.
  • Despite President Mahama's announcement of a planned review of petroleum taxes, GPRTU emphasizes the need for immediate, tangible reductions in pump prices.
  • The GPRTU plans to convene a meeting to compute possible fare adjustments if government interventions fail to provide immediate relief, requiring Ministry of Transport approval.

Why This Matters

This issue is critical for Ghana as rising transport costs directly impact the cost of living for all citizens and the operational expenses for businesses, fueling inflation. Potential fare hikes by GPRTU could further strain household budgets, disrupt supply chains, and potentially slow economic activity, making it a significant challenge for government economic management.

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