The Minister for Trade, Agribusiness and Industry, Madam Elizabeth Ofosu-Adjare, on Monday, January 12, 2026, paid a working visit to the Abossey Okai Spare Parts Market in Accra as part of government efforts to promote fair pricing and protect consumers in the automobile spare parts sector.

The visit formed part of the Ministry’s broader market surveillance and engagement strategy aimed at ensuring transparency, stabilising prices and addressing complaints of unfair trading practices within the auto parts industry.

During interactions with spare parts dealers and market leaders, Madam Ofosu-Adjare stressed the need for traders to adhere to fair pricing principles, especially at a time when consumers are grappling with economic pressures.

She cautioned against profiteering, price manipulation and the sale of substandard or counterfeit spare parts, noting that such practices undermine consumer confidence and road safety.

The Minister underscored the government’s commitment to working collaboratively with trader associations to sanitise the sector, improve standards and enhance competitiveness.

She said protecting consumers must go hand in hand with creating a conducive environment for businesses to thrive.

Madam Ofosu-Adjare also assured traders of the government’s readiness to engage stakeholders to address challenges affecting the spare parts market, including access to credit, import regulations and supply chain constraints.

The Director of Communications for Abossey Okai Spare Parts Dealers Association, Takyi Addo, speaking on The Citizen Show on Accra 100.5 FM on Monday, January 12, commended the Minister for the visit.

He corrected the widely held notion that dealers have refused to reduce prices in the face of the Cedi appreciating against the major trading currencies in the country.

He said the majority of dealers have begun reducing prices in line with the current dispensation.