Accra: President John Dramani Mahama has on behalf of Ghanaians expressed gratitude to the Ghana Private Roads Transport Union (GPRTU) for its decision to reduce lorry fares by 15 per cent.

According to Ghana News Agency, the GPRTU’s decision to reduce lorry fares follows the reduction in fuel prices due to the appreciation of the cedi over the past five months against major international currencies, especially the United States dollar.

‘Let me take the opportunity to commend those of you who have responded to the cedis appreciation by reducing prices of your products and services and thereby passing some of the relief from the hardship to Ghanaians,’ the President stated in his remarks at the 2025 Ghana CEOs Summit in Accra.

He further extended his thanks to Orca Deco Ghana, which announced a 15 per cent reduction across its entire range of products, set to take effect on Monday, May 12. ‘And so, Orca and all of you, thank you very much. GPRTU, thank you very much. And so, for those of you who have not responded yet, please pass on some of the city appreciation to Ghanaians,’ he added.

The President emphasized the importance of lifting the gloom to restore confidence and rebuild the economy. He reiterated that Ghana was open for business again and urged collaboration between the public and private sectors.

‘Let this summit mark the beginning of a new compact between the public and private sectors, a compact of mutual accountability, shared risks, and shared rewards,’ President Mahama said. He expressed optimism that together they could lead Ghana’s economic reset and lay the foundations for a more prosperous, inclusive, and secure future for the people.