Just months into his new administration, President John Mahama is garnering widespread praise as Ghana experiences a welcome wave of economic relief.
The Ghana Private Road Transport Union (GPRTU) has announced a significant 15% reduction in transport fares across the board, nationwide, effective Saturday, May 24th, 2025. This unprecedented move, attributed to the positive impact of President Mahama’s economic policies, is being hailed as a victory for the average Ghanaian.
The driving force behind this dramatic decrease in transport costs is the strengthening of the Cedi and the subsequent reduction in fuel prices.
Under President Mahama’s leadership, proactive economic policies have fostered a more stable financial environment, allowing the national currency to gain strength against major international currencies. This newfound stability has had a direct and positive impact on the cost of imported goods, particularly fuel, a critical component of the transport sector.
The GPRTU, acknowledging the improved economic climate, stated that the reduction in fuel prices made it feasible to lower transport fares without compromising the livelihood of its members. This decision comes as a significant relief to Ghanaians who rely heavily on public transport for their daily commute.
And this is a moment of great joy for the people of Ghana who are grateful to President Mahama for his commitment to stabilising the economy.
The 15% reduction in transport fares is truly remarkable. In recent Ghanaian history, substantial reductions in transport fares have been rare. The only comparable instance occurred in August, 2020 when fares were reduced by 10%. This makes the current reduction even more significant, highlighting the tangible impact of President Mahama’s policies on the daily lives of Ghanaians.
The ripple effects of this reduction are expected to be far-reaching. Lower transport costs will alleviate the financial burden on ordinary citizens, freeing up more disposable income for essential needs such as food, healthcare, and education.
Furthermore, it is anticipated that this reduction will boost economic activity, as people are more likely to travel for business or leisure when transportation is more affordable.
President Mahama’s administration has consistently emphasised its commitment to creating a more prosperous and equitable Ghana, and this upcoming reduction in transport fares would serve as a testament to that commitment and demonstrate the tangible benefits of sound economic management.
While challenges undoubtedly remain, the strengthening of the Cedi and the subsequent reduction in fuel prices and transport fares provide a much-needed boost to morale and offer hope for a brighter economic future for Ghana.
The public has reacted with overwhelming positivity. Many Ghanaians have expressed their gratitude to President Mahama and the GPRTU for working together to improve their lives.
Social media platforms are buzzing with messages of appreciation and optimism, reflecting the widespread feeling that Ghana is moving in the right direction under its new leadership.
The coming months will be crucial in solidifying these gains and ensuring that the positive momentum continues to build towards a more prosperous future for all Ghanaians.
Anthony Obeng Afrane
