Nigerians have lamented that despite the reduction in the price of petrol, transporters have failed to effect a reduction in transport fares nationwide.
These angry Nigerians added that instead, the prices are still going up.
Recall that on December 19, 2024, the Dangote refinery reduced the ex-depot price of its petrol from N970 to N899.50 per litre.
This sparked intense pricing competition in the downstream sector, forcing the NNPCL to reduce its ex-depot price to N899 per litre.
However, Nigerians have lamented that though there is a reduction in the petrol price, transporters have failed to reflect the change in the transport fare.
An X User, #AsiwajuOladimeji posted, “When PMS was N1,200 a litre, transporters increased transport fares. The price of PMS has come down and there is no reduction in the transport fares. Sometimes it’s not about the government. We are also greedy as human beings.”
Another X User, #Arakunrin, stated, “While the harsh reality is that our people are avaricious. The normal fare from Oshodi to Iyana-Ipaja is N500, but after the price of fuel increased, it went up to N700. Now that the price of fuel came down before Christmas it is N1000. This has left me wondering all day,”
A user, #Brendan Champion, opined that the slight reduction in fuel price is not enough to trigger a reduction in transportation costs.
#Undisputed pointed out that the rate the drivers were collecting when the fuel price was N1200 was not enough.
“The fare the drivers were collecting when the price was N1200 wasn’t even enough. If you want to a drastic reduction, then effect a drastic reduction in the fuel price to at least what it was before,”
Another user, #Wemmy said, “I am not a transporter, but the increase in transport fares was not equal to the increase in the fuel. There was over a 500 per cent increase in fuel price but the increase in transport fares never passed 100 to 200 per cent.”
Another user, Linus Lincoln, said that the amount which members of the National Union of Road Transport Workers are charging drivers is much.