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Transport fares rise by 50% nationwide after fuel price hike

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Transport fares rise by 50% nationwide after fuel price hike

The latest hike in the price of petrol has pushed up transport fares by over 50 percent in major cities across Nigeria, findings by Daily Trust have revealed.

The newest price hikes, implemented by the Nigerian National Petroleum Company’s (NNPCL) Retail Management, range from N855 to N897 per litre, depending on the location, from the previous N568-N617.

Independent marketers have adjusted their prices to between N930 and N1,200 per litre of petrol.

The price hike has had a widespread impact, with some Nigerians resorting to long-distance trekking and others missing work due to the higher transportation costs.

The pan-Yoruba socio-political organisation, Afenifere and the Peoples Democratic Party (PDP) on Wednesday joined the Nigeria Labour Congress (NLC) in demanding reversal of the increase in the petrol pump price.

This is even as the Manufacturers Association of Nigeria (MAN) warned that the price hike could lead to higher inflation.

Also yesterday, the National Association of Nigerian Students (NANS) announced plans to protest and shut down major cities from 15th of this month.

Abuja, Lagos commuters express frustration

Commuters in the Federal Capital Territory (FCT), Lagos and other states yesterday expressed frustration over the hike in the price of petrol which, according to them, has constrained their living conditions.

Many of them, who spoke to our correspondents, said the unaffordability of transportation cost had forced them to trek to work.

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Adeolu Segun, a civil servant residing in Zuba, Abuja, said the fare from his area to Berger had risen from N1,000 to N1,500.

Mrs. Zainab Ibrahim, a mother of six living in Kubwa, said she paid N1,000 as fare as against the previous N500 for the same route.

Ismaila Danjuma, the Secretary of the Zuba branch of the National Union of Road Transport Workers (NURTW), explained that the rise in transport fares was due to the fuel price hike.

A passenger, Murjanatu Shehu, who was travelling to Kano from Abuja, said the fare rose from N8,000 to N11,000.

Haruna Yakubu, a driver on the Abuja-Lokoja route, confirmed fare increase from N4, 500 to N6,000; and Abuja-Okene routes fare rose from N6,500-N10,000.

Lagos bus drivers, Ojo Jamiu and Chukwuka Ogwu, said they now charge more than double as fares.

Kano, Rivers residents trek

In Kano and Port Harcourt, residents resorted to trekking.

Yakubu Isa, who said he used to pay N200 to go to Kano Guest Inn from Kwana Hudu, could not afford the new N400 fare, but had to trek. A teacher in Kano, Maikudi Haliru, also said he trekked to school to avoid the higher tricycle fares.

Our correspondent observed a low turnout of passengers at the Kano Line Motor Park yesterday as fares for the Kano-Kaduna and Kano-Abuja routes had risen to N6,000 and N12,000 respectively.

Some residents of Port Harcourt, Rivers State, also said the latest increase in transport fares had forced them to trek.

In Ondo State where transport fares have also doubled, residents said it would be better to trek a few distances to their workplaces.

In Jalingo, the Taraba State capital, tricycle fares have been increased by 50 percent; while same rose in Borno and Yobe states by 30 per cent.

Inflation figures may go up – MAN

The Manufacturers Association of Nigeria (MAN) has said that the new price of petrol might push inflation figures high, impacting household budgets.  It also said Small and Medium-scale Enterprises (SMEs), which often operate on thin margins, could be hard hit by the development.

 

Transport fares rise by 50% nationwide after fuel price hike

Daily Trust

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Breaking: Tinubu declares state of emergency in Rivers State

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Breaking: Tinubu declares state of emergency in Rivers State

 

President Bola Tinubu on Tuesday night declared a state of emergency in Rivers State following the protracted political crisis in the state.

Tinubu made the declaration during a nationwide broadcast, saying it is for six months.

He announced the suspension of the Executive Governor, Siminalayi Fubara, his deputy and all the members of the House of Assembly for six months.

He immediately named an administrator, Vice Admiral Ibok-Ete Ibas (Retd), to take charge of the affairs of the state for the six-month period.

Section 305 of the 1999 Constitution interprets a state of emergency as a situation of national danger or disaster in which a government suspends normal constitutional procedures to regain control.

A state of emergency allows the President to immediately make any desired regulations to secure public order and safety. (Channels TV)

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BREAKING: Tinubu addresses Nigerians on Rivers political crisis

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BREAKING: Tinubu addresses Nigerians on Rivers political crisis

 

President Bola Tinubu on Tuesday night will hold a nationwide broadcast to address the crisis in Rivers state.

Bayo Onanuga, special adviser to the president on information and strategy, said the broadcast will be transmitted by the Nigerian Television Authority (NTA) and the Federal Radio Corporation of Nigeria (FRCN).

The broadcast is expected to be held by 7pm today.

 

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Tinubu holds emergency meeting with service chiefs

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Tinubu holds emergency meeting with service chiefs

President Bola Tinubu on Tuesday met with the service chiefs expectedly over the current security situation in the country.
The service chiefs were led by the Chief of Defence Staff, General Christopher Musa, to the meeting at the Aso Villa in Abuja.

The Inspector General of Police, Kayode Egbetokun, the National Security Adviser, Nuhu Ribadu; and the Director General of the Department Of State Services, Oluwatosin Ajayi; were also present at the meeting.
President of the Senate, Godswill Akpabio, and the Leader of the Majority, Opeyemi Bamidele, later joined the meeting held in the office of the President.
Speaker of the House of Representatives, Tajudeen Abbas, and his deputy, Ben Kalu, were also spotted at the meeting.

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