Connect with us

News

Fuel price hike: Nigerians lament worsening hunger, soaring transport fares

Published

on

Spread the love

Nigerians have lamented worsening living conditions after the recent hike in fuel prices.

The hardship, which started after the removal of fuel subsidy and devaluation of the naira, was exacerbated on Wednesday when the pump price of fuel jumped from around N800 to N1,150 per litre.

Our correspondents noted that since then, there has been a skyrocketing increase in the prices of food items as transport costs soared.

Many Nigerians expressed frustration with the situation, saying they could no longer afford to feed their family members due to strained budgets.

Saturday PUNCH gathered that intra-city transporters in Abuja and the Federal Capital Territory, have increased their fares by N100 while those operating inter-state hiked fares by N500 to N1,000, depending on the destination.

A worker in a financial firm in Lagos, Donald Eke, said his transport fare from New Road to Lekki Phase 1 on Lagos Island increased by over 100 per cent.

Maduka College Advert

“The fare has been increasing steadily, but since the recent fuel hike, a trip that used to cost N300 to my office now costs N700. With serious negotiation, you could pay N600,” he stated.

It was learnt that commuters from Iyana Iba to the Iyana Ipaja axis of Lagos, who used to spend N500, now pay between N700 and N800. Similarly, the fare from the Lagos State University gate to Iyana Ipaja, which used to be N400, is now N700, representing a 75 per cent increase.

Commuters who travel from Iyana Iba and LASU gate to Igando, who formerly paid N200, now spend N300 since the fuel hike began.

One of our correspondents also gathered that commuters from Igando to Egbeda, who used to pay N300, now spend between N400 and N500.

Ogun State

In Ogun State, passengers who ply the Lagos-Ibadan Expressway lamented the hike in transport fares, which they said increased by 100 per cent.

A sales representative, Treasure Ettah, who resides in Magboro, told Saturday PUNCH that the transport fare from the Prayer City axis of the Lagos-Ibadan Expressway to his workplace in Gbagada, Lagos, spiked by 100 to 140 per cent.

“My transport fare is normally N500, and at most N700 to Gbagada before. Now, it’s between N1,000 to N1,400 from Prayer City. I am just managing the situation because I can’t sit at home,” Ettah said.

A pharmacist, who resides in Magboro, Chinedum Ucheaga, and works at Ojodu, Berger, also told one of our correspondents that the fuel hike led to an increase in bus fares by at least 60 per cent.

“Before, I used to spend like N400, as the least fare to Berger. Now, it seems N500 is the lowest they can carry you because as of today (Friday), some passengers paid N700, while others spent N800 due to the blockage along the Lagos-Ibadan Expressway because of the construction. Some passengers spent as much as N1,000 going to Ikeja Secretariat,” he said.

Passengers reported that commercial buses from Ibafo to Magboro, previously charging N200, now charge N300, while the fare to Ikorodu was increased from N1,000 to N1,500.

Commuters from Magboro to Oshodi, who previously spent N800, now pay as high as N1,400, reflecting a 75 per cent increase.

Magboro to Ojota, which was N500, was hiked to N800; while Ketu fare was also hiked from N300 to N500.

A commuter, Ireti Ayodele, lamented that the hike in the cost of transportation had made a mess of her earnings.

She said, “My income is not even enough to cover transport costs again. The same place I paid N500 for on Thursday is now N1,000 today. This is too much.”

Osun, Ondo states

In Osun State, commercial operators known as Korope drivers in Osogbo, have also adjusted their fares due to the fuel hike.

A resident of the state, Kazeem Badmus, said the transport fares to Okuku, Ife, Ilesa and Iwo have been increased to N2,500, N2,000, N1,500 and N2,000 from N1,500, N1,200 and N2,000 respectively.

At the Aregbe Park in the state capital, the transport fare from Osogbo, which was formerly N3,500 as of Tuesday, has now increased to N4,000.

“Commuters travelling to Ondo, Ore, and Lagos now pay between N5,000 and N8,000,” an Osogbo resident told one of our correspondents.

Checks by Saturday PUNCH showed that the price of petrol ranged from N1,000 to N1,200 across most of the filling stations in Ondo State.

The transport fare of commercial vehicles at the shortest distance in Ondo State is now N200, while inter-state commercial vehicles have increased their fares by 20 per cent.

A car owner, Edwards Oladeinde, lamented that he bought four litres of petrol for N6,000.

He said, “The government should be consistent on fuel prices because this development has aggravated our suffering.”

Plateau, Yobe, Benue states

In Plateau State, residents expressed worry that due to increased transportation fares, more people might be forced to remain indoors.

A resident, Philip Dontur, who spoke with one of our correspondents, noted that the transport fare from Jos to Shendam, which used to be N4,000 a few months ago, has now increased to N6,000.

“Jos-Shendam route used to be very busy because of the high traffic volume of passengers but now, the situation has changed. Those loading in the park have to stay for hours without seeing passengers while the road has become virtually empty. All because of the high cost of transportation because people no longer want to travel,” Dontur stated.

A similar trend was observed in Yobe State where Saturday PUNCH gathered that transportation costs have also surged by about 50 per cent.

Previously, the transport fares from Damaturu to Potiskum ranged from N1,500 to N1,800, depending on the type of vehicle, with mass transit and Yobe Line buses which usually cost less than commercial vehicles.

In Makurdi, the Benue State capital, transportation costs have skyrocketed, including commercial motorcycles, a major means of transportation, which has also gone up from N200 for a short distance to N350.

A resident of High Level, Makurdi who simply identified himself as Teseer, said, “If there is no emergency, why do you need to move around, people have been forced to stay indoors.”

Foodstuff prices skyrocket

Related News
Over one million more Nigerians hit by severe food crisis in 2024 – Report
People close to Tinubu pushing harmful reforms – Ndume
Hike in fuel price may worsen scarcity, IPMAN warns
Saturday PUNCH also learnt that a bag of yam flours which was sold at N400,000 two weeks ago in Lagos, now sells at N550,000 as of the time of filing this report.

Also, a bag of rice that was previously sold at N80,000 has been increased to N100,000 according to a foodstuffs seller in Ibadan, Oyo State.

In Bauchi State, traders, customers and transporters of food produce lamented the hike in the prices of commodities.

Speaking with one of our correspondents, a trader in New GRA Bauchi, Anas Yusuf, explained that the cost of transporting goods from Kano to Bauchi skyrocketed due to higher fuel prices.

“When I order goods at a higher price, customers complain, and some even leave without purchasing anything because they can’t afford it. Customers often express their anger, but as a business owner, I have to remain patient to keep them coming,” Anas said.

A father of one, Muazu Husseini, explained that in the past, his family fed three times a day, but currently, they eat once due to the hike in food prices.

He added, “In the past, N10,000 was enough to last the family for two weeks, but now it is not enough to last even a week. While prices may go down sometimes, the relief doesn’t reach everywhere.”

A bread seller in the Rukuba Road community, in Jos, Plateau State, Mrs Charity Gideon, also lamented the hike in food prices.

“People no longer buy bread like before due to high price and everything is caused by high fuel cost. I don’t know what the government wants the people to do before they know that everything is virtually dependent on the price of fuel,” she said.

In Yobe State, several food sellers also complained about the significant drop in patronage in the food markets over the past two days.

During a visit to the popular Bayan-Tasha market in Damaturu, one of our correspondents observed a decline in the number of buyers and sellers present in the market.

A trader in the market, Mallam Haruna Mamman, said, “The price of a measure of rice, both local and imported, has increased significantly. The local variety, which used to cost between N3,700 and N3,900, now costs between N4,500 and N5,400, depending on the type.”

He continued, “Maize, which previously cost between N3,800 and N4,000, now costs between N4,500 and N4,600. Similarly, millet and sorghum, which were priced between N2,000 and N2,200, have also seen price hikes.”

Similarly, when one of our correspondents visited Wadatta Market in Benue State, he observed a drastic drop in the number of customers.

A trader at the market, who is known as Terdue, said many shop owners, especially those dealing in fabrics, utensils and other stuff, seldom come to the market.

He said, “The cost of a measure of local rice which was sold for N3,100 on Thursday now goes for N3,200 today (Friday).

“A basin of garri that used to cost N22,500 now goes for N32,000, so also other food items like beans, millet and corn.”

A trader, who gave his name simply as Mallam Yusuf and sells fruits at the market, said three oranges which used to be N100 now cost N250. Similarly, one apple which used to cost N200 is now sold for N400.

Hunger dey, Netizens cry out

Many Nigerians have also taken to social media to express their frustration over the recent fuel price hikes, lamenting that there is hunger in the land.

The mood seems to have been captured in a trending song by an up-and-coming artiste and skit maker, Lawal Michael, popularly known as Nasboi.

Michael, in the song titled, ‘Hunger dey’, said economic hardship is biting hard and Nigerians are suffering.

“There is no food, rice and garri are expensive. There is ulcer, and there is no food to cure it. Hunger will kill somebody in Lagos.”

His song resonated with the conditions of many Nigerians who also expressed frustration with getting by daily.

An X user, Dr Hafsatu Danladi, said Nigerians were sinking deeper into poverty because the economy was in free fall.

She wrote, “It is heartbreaking to watch a government so out of touch with the pain of its own people. How much more can we endure?

“Fuel prices have skyrocketed, inflation is at an all-time high, and survival feels like a daily battle. Meanwhile, T-pain (Tinubu) is holidaying in London on taxpayer money while Nigerians go to bed on empty stomachs. This is beyond shameful.”

Also commenting on the fuel hike, Benson Onyekachi, on his X handle, stated that Nigeria was experiencing the worst economic crisis in about 30 years, adding that the hardship was contributing to citizens’ mental health crises.

“People are not in their best selves anymore, the majority looking tensed and tired, overwhelmed with worries of how to sail through this present economic hardship without getting drowned in it. The atmosphere in Nigeria now is not encouraging at all, people just surviving to fight another day”, said Olayode Temitayo.

According to a netizen, Nnenna Okoronkeo, Nigerians have turned into beggars in their own country.

“We have been rendered destitute in what is supposed to be our free country. For how long are we going to keep adjusting? People have turned into beggars, they are fast losing their minds and even taking their own lives. It is crazy times in Nigeria, Tinubu is out to kill us,” she wrote.

Echoing the same complaint, an X user, Oluwawemimo Awe-Kolawole, lamented that commodities that used to be affordable to Nigerians became luxury within a year, adding that Nigerians are now “fighting each other on soup matter.”

Tinubu daring Nigerians –Protest organisers

The organizers of the #EndBadGovernance and #FearlessinOctober protests lampooned President Tinubu over the recent hike in the pump price of Premium Motor Spirit.

Speaking in separate interviews with our correspondent on Friday, the organisers demanded the immediate reversal of the fuel price.

The National Coordinator, the Take it Back Movement, Juwon Sanyaolu said the President was daring Nigerians with the latest price hike, adding that his group and other organisers would consider their next line of action.

On his part, the Initiator, Creative Change Centre, Omole Ibukun, noted that he and other organisers of the last protests were mobilising and would announce action which would be taken afterwards.

He said, “The continuous hike in fuel price is a reflection of how dubious the Nigerian government is when it comes to telling Nigerians the truth about the implications of the policies they implement on the masses. The government has fraudulently portrayed subsidy removal and deregulation as the key to lowering fuel prices for Nigerians, but we can all see that’s a lie.

“Our demand stands and it is that this country has enough resources presently to return fuel price to pre-May 29, 2023 price. One important way to achieve this is to get our public refineries working rather than put the Nigerian people at the mercy of imported fuel or at the mercy of a private refinery, despite Nigeria being a major oil-producing country.

“However, we are presently engaged in democratic mobilisation of efforts for the mass of Nigerians to agree on a form of direct action, which could be a protest, that we can use to respond to this new attack on our living conditions by the government. It is that democratic mobilisation that will determine when a protest will commence on this.” (PUNCH)

News

Yilwatda hails Tinubu’s intervention funds as a promise kept

Published

on

President Tinubu and APC National Chairman, Prof Yilwatda
Spread the love

The National Chairman of the All Progressives Congress (APC), Professor Nentawe Yilwatda, has said that the intervention programmes of the administration of President Bola Ahmed Tinubu have continued to demonstrate that the Renewed Hope Agenda is delivering tangible economic benefits to millions of Nigerians through strategic investments in entrepreneurship, small businesses, and youth empowerment.

According to Professor Yilwatda, the Presidential Intervention Funds represent yet another example of the Tinubu administration fulfilling its campaign promises by providing the critical financial support needed to stimulate enterprise, create jobs, and deepen economic inclusion across the country.

In a statement by his Special Adviser on Media and Information Strategy, Abimbola Tooki, the National Chairman noted that for decades, access to affordable financing remained one of the biggest obstacles confronting Micro, Small and Medium Enterprises (MSMEs), despite their enormous contribution to national economic growth and employment generation.

The current administration, he said, has deliberately moved to address this challenge through targeted intervention programmes that are unlocking the entrepreneurial potential of Nigerians.

“The Tinubu administration understands that sustainable economic growth begins with empowering the productive sector. By supporting small businesses and young entrepreneurs, government is laying the foundation for long-term prosperity and shared economic progress,” he stated.

Professor Yilwatda highlighted the ₦75 billion Presidential Intervention Fund for MSMEs as a landmark initiative designed to provide accessible financing for small businesses across various sectors of the economy.

Maduka College Advert

He said the programme is enabling entrepreneurs to expand their operations, increase productivity, and create employment opportunities.

He further pointed to the ₦11 billion support package through the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), describing it as a strategic investment in strengthening the capacity and competitiveness of Nigerian small and medium enterprises.

The APC National Chairman also commended the ₦30 billion Youth Entrepreneurship Fund through the Niger Delta Development Commission (NDDC), noting that the initiative reflects President Tinubu’s commitment to equipping young Nigerians with the resources required to transform innovative ideas into successful businesses and become drivers of national development.

Professor Yilwatda emphasized that these interventions are already making meaningful differences in the lives of ordinary Nigerians. Across the country, young entrepreneurs, artisans, farmers, traders, tailors, manufacturers, and other small business owners are accessing capital to expand their businesses, employ more people, and contribute to the economic development of their communities.

He explained that the impact extends beyond individual beneficiaries, creating a multiplier effect through increased productivity, higher household incomes, stronger local economies, and expanded opportunities for wealth creation.

“The APC remains committed to building an economy that works for all Nigerians. These intervention funds are not mere policy announcements; they are practical investments in the dreams and aspirations of millions of our people.

“The evidence is clear. Businesses are receiving support, young people are being empowered, jobs are being created, and economic inclusion is expanding. This is governance that delivers results, and it is another demonstration that President Bola Ahmed Tinubu is keeping his promises to the Nigerian people,” Professor Yilwatda said.

He reaffirmed the commitment of the APC and the Tinubu administration to implementing policies that promote entrepreneurship, stimulate investment, strengthen local industries, and build a resilient economy capable of delivering sustainable prosperity for all Nigerians.

Continue Reading

News

Ex-Minister Uche Nnaji set for arraignment as ICPC files six criminal charges over alleged certificate forgery

Published

on

Uche Nnaji when he was arrested by security operatives
Spread the love

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has filed a six-count criminal charge against former Minister of Innovation, Science and Technology, , over alleged certificate forgery and related offences.

The charges, filed before the Federal High Court in Abuja, are contained in suit number FHC/ABJ/CR/389/2026, with the Federal Government listed as the complainant and Nnaji as the sole defendant.

According to the charge sheet, the ICPC accused the former minister of receiving N29.58 million in salaries and allowances while serving in office, alleging that he ought to have known the funds were proceeds of an unlawful act arising from corruption and fraud. The commission said the action contravenes provisions of the Money Laundering (Prevention and Prohibition) Act, 2022.

The anti-graft agency also alleged that Nnaji used his office to confer corrupt advantage on himself and knowingly presented false information to the Federal Government by submitting forged > (NYSC) and (UNN) certificates during his ministerial appointment in 2023.

In separate counts, the ICPC accused him of producing and using as genuine a forged NYSC Certificate of National Service and a forged UNN degree certificate, offences punishable under the Penal Code.

The filing of the charges follows Nnaji’s arrest last Wednesday after arriving in Abuja from Enugu aboard a chartered flight.

Maduka College Advert

The prosecution stems from an investigation published by Premium Times, which alleged that Nnaji forged his university degree and NYSC certificates submitted to President and the Nigerian Senate during his ministerial confirmation.

The newspaper reported that the confirmed Nnaji was admitted in 1981 but neither graduated nor was issued a degree certificate, while the NYSC also reportedly disowned the discharge certificate attributed to him.

Nnaji resigned as minister shortly after the allegations became public. He has since defected from the APC to PDP , where he emerged as the governorship candidate of a faction of the party for the 2027 Enugu governorship election.

He is expected to be arraigned before the Federal High Court in the coming days.

Continue Reading

News

At last, Tinubu directs ICPC to investigate ‘Fictitious Council’

Published

on

President Bola Tinubu
Spread the love

President Bola Ahmed Tinubu has directed the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to conduct a thorough investigation into the activities of a “Presidential Foreign Intervention Promotion Council” (PFIPC) and all related matters.

According to a statement signed by Bayo Onanuga,Special Adviser to the President (Information and Strategy), the President directed that the investigation be concluded and a comprehensive report submitted to him within 30 days.

The directive follows the discovery of the fictitious PFIPC, which was never established by the Federal Government of Nigeria and has no basis in any law, presidential instrument, executive approval, or other lawful act of Government.

One Adeniyi Adeyemi Matthew presented himself as the Director-General of the so-called PFIPC and falsely claimed to be a presidential appointee.

Among the issues to be investigated by the ICPC are the forged appointment letters and other official government documents; the use of a false claim of presidential appointment to seek or obtain official recognition and diplomatic support, including visa facilitation; and the opening of multiple bank accounts in the names of purported government agencies using allegedly forged documents.

President Tinubu directed the ICPC to investigate not only the conduct of the principal individual and other collaborators involved but also the wider circumstances that may have enabled a fictitious body and a false claim of presidential appointment to acquire an appearance of official legitimacy.

Maduka College Advert

The investigation is to examine the provenance and use of false official documents; the processes through which official recognition or diplomatic support may have been sought or obtained; the opening and operation of any related bank accounts; the source and movement of any funds involved; and the role of any public officer, private individual, financial institution, intermediary or other person or entity that may have facilitated, enabled or participated in the alleged scheme.

The President further directed the Commission to identify any weaknesses in government and institutional procedures that may have been exploited and to recommend immediate measures to prevent the recurrence of similar abuses.

All ministries, departments and agencies of the Federal Government have been directed to provide the ICPC, upon lawful request, with all relevant information, records and assistance required for the expeditious completion of the investigation.

President Tinubu stated that the integrity of the Presidency and the institutions of the Federal Government must be protected against impersonation, forgery, abuse of official identity and the exploitation of weaknesses in the public service.

The President directed that all persons found culpable be treated strictly in accordance with applicable law.

Continue Reading

Trending

Maduka College Advert