Philanthropists Crash Petrol Price To N430/Litre For Okada, Keke Riders in Borno
- Some petrol stations in Maiduguri have begun to sell petrol at reduced prices to Keke and Okada riders
- The move is to support the riders who have seen a drop in passenger volume due to the introduction of metro buses
- The gesture by some philanthropists saw petrol prices reduced from N630 to N430 per litre
PAY ATTENTION: Unlock the best of Legit.ng on Pinterest! Subscribe now and get your daily inspiration!
Philanthropists have reduced petrol prices for cyclists and tricyclists in the Maiduguri area of Borno state.
The move follows the crash in transport fares in Maiduguri due to the state government’s introduction of 70 metro buses, which charge N50 per drop.
Source: UGC
Introduction of Metro buses crashes transportation prices
The state government introduced the measure to ease the pain of subsidy removal.
PAY ATTENTION: Share your outstanding story with our editors! Please reach us through info@corp.legit.ng!
Introducing the metro buses has affected the fortunes of Keke and Okada riders in the state, who have seen a drop in passenger patronage.
Some philanthropists took it upon themselves to crash the price of petrol from the current price of N630 to N420 in the state for the riders who complain of low patronage.
A report by Leadership reveals that Ibrahim Jibrin Mohammed, who owns some petrol stations in the state, stated that he was inspired by Remi Tinubu’s gesture to introduce the scheme in the state.
Mohammed stated that the measure would be replicated in six states across the country in the six geopolitical zones.
Philanthropists to replicate gesture in six states across Nigeria
He revealed that Kano, Abuja, Lagos, Port Harcourt, and Enugu states will see a reduction in petrol prices for the Okada riders.
The intervention occurred in two petrol stations and witnessed a large turnout of Keke and Okada riders.
At one of the petrol stations on Damboa Road, Abba Kaka Hassan, a representative of one of the philanthropists, said the measure was introduced to support the government’s efforts to ease the pains of subsidy removal.
Hassan revealed that President Tinubu distributed palliatives to states, while the government intervened in several ways, stating that the philanthropist insisted on helping transporters to stay in business.
Some beneficiaries said the support was timely during high inflation due to subsidy removal.
FG licenses companies to operate autogas plants for cheaper fuel as diesel hits N1,000/litre
Legit.ng reported that the Nigerian Midstream Downstream Petroleum Regulatory Authority (NMDPRA) on Tuesday, September 19, 2023, said it had approved the construction of a gas plant to expand the product’s availability in Nigeria.
The agency added that the gas projects are at the final stages of completion across the country, and some would be due in early 2024.
According to the Chief Executive Officer of NMDPRA, Farouk Ahmed, harnessing the 209 trillion cubic feet of available natural gas in Nigeria remains critical for energy transition and industrialisation.
Source: Legit.ng
