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Abuja Commuters Critique Petrol Discount Initiative

Business

The Federal Government announced a 30-day discount on petrol sold by NNPC Ltd., prioritizing public transport operators. Mr Taiwo Oyedele, the Minister of Finance and Coordinating Minister of the Economy, clarified that this initiative does not signify a return to petrol subsidy.

The government is also negotiating a ceiling of N1,350 per litre on the ex-gantry cost of petrol to stabilize prices. Dangote Petroleum Refinery has reduced its gantry petrol price from N1,350 to N1,325.

Motorist Mr Abubakar Saidu praised the discount but noted difficulties accessing petrol due to network issues. Commuters like Mr Obi Anyawu and Mrs Stephanie Okoro expressed dissatisfaction, stating that the discount has not led to lower transport fares, leaving many struggling with high transportation costs.

Mr Jide Oyetola called for a review of the intervention, emphasizing the need for additional measures to alleviate economic burdens on citizens. Mrs Nonye Obanla echoed the call for alternative solutions to reduce transportation expenses.

Plus234Feed summary based on reporting from Daily Trust. Read the original report below.

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