Abossey Okai Spare Parts Dealers refute claims linking price hikes to fare increment
The Abossey Okai Spare Parts Dealers Association in the Greater Accra Region has strongly refuted claims by the Alliance of Drivers – Ghana that rising spare parts prices are a contributing factor to the announced 20% increase in lorry fares, set to take effect on March 17, 2025.
In a press statement issued on March 16, 2025, and signed by Takyi Addo, the Director of Communications for Abossey Okai Spare Parts Dealers Association described the claim as false and misleading, urging the public to disregard it.
Chairman of the Abossey Okai Spare Parts Dealers Association and President of the Ghana Auto Parts Dealers Association, Mr. Henry Okyere Jnr, emphasized that there has been no increase in spare parts prices.
He stated that import duties and market conditions have remained stable, making it unjustifiable to attribute transport fare hikes to spare parts costs.
“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 noted.
The Association urged the Alliance of Drivers – Ghana to ensure that any fare adjustments are based on factual economic indicators rather than unfounded allegations.
It further called for transparency in fare discussions, urging all relevant stakeholders, including government regulators and transport unions, to be involved in decision-making to ensure fairness.
The Abossey Okai Spare Parts Dealers Association reassured the public of its commitment to transparency and truthfulness in issues affecting the transportation and spare parts industries.
Source: Classfmonline.com/Cecil Mensah
Trending Business

NEIP engages global partners at British Council’s going Global 2025 Conference in London
12:16
NPA educate consumers on LPG safety during Hogbetsotso festival
12:18
Agric Minister calls for youth-centred investments in agriculture to address rising unemployment
07:59
Dr McKorley: Volta Region can generate $9bn annually
01:37
NLA, KGL aligned on renegotiation to boost state revenue — Razak Kojo Opoku
19:55
Mahama orders GRA to sever ties with Strategic Mobilisation Ghana Limited
11:42
Bank of Ghana hosts over 250 pupils for currency education and fun day at Bank Square
05:29
Agric Minister outlines major irrigation and investment plans at Volta Economic Forum
04:26
Industrial growth must not destroy the planet – Dr Gideon Boako
15:06
Ghana Hotels Association pays courtesy call on SIC Insurance MD to deepen collaboration
13:47


