Commercial drivers in Ghana have declared a nationwide strike effective next Monday, February 8.

The drivers who are members of the Ghana Private Roads Transport Union (GPRTU) and the Ghana Roads Transport Coordinating Council (GRTCC), action is in objection to the increase in motor insurance premium.

The Ghana Insurance Association (GIA) and the Ministry of Finance reach an agreement on a 300% increase in insurance premium in July 2015 which is being implemented in two phases.

But addressing a press conference in Accra on Tuesday, the drivers stated that they “were not informed about the directive and must be reversed.”

Led by their chairman Charles Danso, the drivers said the Insurance Commission is not “being fair to them,” especially when they are not benefiting from the insurance and other transport related charges.

They emphasized that they are not ready to pay beyond 250% if the NIC refuses to reverse the policy.