Share this
This is certainly not the best of time for both commercial and private vehicle owners in Nigeria as the high cost of petrol has literally fuelled the skyrocketing cost of living in the country.....Read Full Article>>
Recall that on May 29, 2023, the new Nigerian President, Bola Ahmed Tinubu, during his swearing-in speech removed fuel subsidy, thereby throwing the entire country’s economy into hyperinflation. Since then, the Nigerian National Petroleum Company Ltd, has consistently continued to make an upward adjustment in the pump price of the Premium Motor Spirit, PMS popularly known as petrol.
However, WITHIN NIGERIA gathered that most vehicle owners have resorted to use of motorbike instead of car due largely to the high cost of petrol. In the same vein, most parents have also adopted cost-effective method of transportation on their children who go to far-from-home schools, during the resumption of the 2024/2025 academic year in September 2024.
Such parents have changed their children’s schools to near-home schools to save cost of transportation which has doubled in recent time.
In any case, when our reporter visited Nsukka mechanic village, Enugu state on Saturday, most of the car repairers were seen idling away their time.
One of them, Mr. Frederick Ujah who spoke to our reporter lamented low level of work in recent time.
“Since this year, I have not seen this kind of hardship in my life. I have been in this work for close to twelve years but I have not experienced this kind of low patronage of business in my life.”
Lamenting further, Mr. Ujah told WITHIN NIGERIA that “imagine a situation whereby so many car owners abandon their car for motorbike. Some of them even abandon their cars in my workshop, telling me that they cannot maintain those cars. This is because their spare parts are now out of reach just as petroleum price has skyrocketed.”
Be the first to comment