Connect with us

News

Abia Residents Decry Soaring Petrol Prices, Rising Transport Fares, and Economic Hardship

Published

on

Photo source: Google

Transporters and commuters in Abia State have voiced significant concern over the recent surge in the price of Premium Motor Spirit (PMS), commonly referred to as petrol.

The price hike, which was announced by the Nigeria National Petroleum Company Limited (NNPCL), took effect on September 3, increasing the pump price from N617 per litre to a staggering N897 per litre.

This development has led to a chain reaction, causing a sharp rise in transportation costs and the prices of essential goods across the state.

According to reports from the News Agency of Nigeria (NAN), various transport operators and commuters shared their frustrations over the situation, describing it as “unbearable” for the average Nigerian citizen.

In separate interviews, they explained how the price increase is crippling their daily activities and making life more challenging.

Advertisement

A tricycle driver based in Aba, Enyichi Nnadede, explained his dilemma, noting that the soaring cost of petrol had made him question whether it was even worth going out to work.

He lamented that the high cost of fuel was leaving him with very little profit at the end of each day, making it difficult to provide for his family.

He shared, “Fuel is extremely expensive right now. We’re purchasing it at N1,200 per litre, and by the end of the day, we can hardly make enough to feed our families.”

He further criticized petrol dealers, accusing them of exacerbating the crisis. “Yesterday, fuel was sold at N870 per litre, but today it has jumped to N1,200. What could have possibly changed overnight?” Nnadede asked.

Another transporter in Umuahia, Agu Chukwuma, echoed Nnadede’s frustrations, saying he had purchased fuel for N1,100 per litre on the same day.

Advertisement

He expressed how the fuel price hike was eating into his already slim profit margins, making it almost impossible to sustain his transportation business. “We have no other source of livelihood.

The government is pushing us too far with these policies. They need to put an end to this economic hardship,” Chukwuma stated.

Commuters are not faring any better. A regular traveller between Aba and Umuahia, Adiele Chinaza, pleaded with the government to reconsider its policies, which he said were making life extremely difficult for everyday Nigerians.

“I have to travel from Aba to Umuahia every day for work, just like many other civil servants in Abia.

With transport fares skyrocketing, it will soon become impossible for us to meet up with our daily schedules,” he said. Chinaza highlighted that even the N70,000 minimum wage earned by civil servants would no longer be enough to meet basic living expenses under the current circumstances.

Advertisement

Residents of Umuahia are feeling the pinch as well. Onyinyechi Ekwonye, a concerned citizen, pointed out that the ripple effect of the fuel price increase would be felt in the prices of everyday goods and services.

“The rise in transport fares is already driving up the cost of goods. We’re caught in a situation where both the government and the traders are making life harder for the rest of us.

It feels like we’re being punished from all sides,” she remarked. Ekwonye urged the Nigeria Labour Congress (NLC) to step in and advocate for the people, saying the federal government’s policies were becoming too harsh for ordinary Nigerians to bear.

The consensus among the transporters, traders, and commuters in Abia is one of despair and frustration.

Many are calling on the government to find a solution to the fuel crisis and alleviate the mounting economic pressure on citizens.

Advertisement

The fear is that if nothing is done to address the soaring cost of living, many Nigerians may soon find themselves unable to afford necessities, leading to a deeper crisis across‎ the nation.


 

News

Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture

Published

on


The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.

She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”

“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”


Continue Reading

News

Peter Obi Criticises President Tinubu’s Statement on Hunger

Published

on


Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.

It can be noted that the President recently stated that hunger has always existed in Nigeria.

Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”

“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”


Continue Reading

News

Nigerian Army Launches New IED Training Programme

Published

on


Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).

The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.

It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”


Continue Reading

Trending