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Article: Transporters to wait for oil price reduction before fares hike.
- Article from:
- PPI - Pakistan Press International
- Article date:
- September 5, 2005
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KARACHI, September 05 (PPI): National Transporters Ittehad Karachi (NTIK) has decided to wait for oil price reduction by Sept 15.Before it raises bus, taxi and rickshaw fares to cope with recent oil price hike, a statement said here on Monday.The Alliance in a meeting expressed serious concerns on Oil Company Advisory Committee's decision to raise petrol and diesel prices and demanded that it be reversed "if government wants transporters to continue their services." "Petrol prices have been raised by RS 7.8 per litre between 1st July and 1st September while diesel prices saw an hike of Rs 5.53 per litre during this period," the meeting said, adding that prices ...