This development has left transport operators groaning over the step taken by the newly inaugurated President Bola Tinubu.Stressing that fuel subsidy was gone, Tinubu said money meant for the programme would be used to fund infrastructure like healthcare, education, among other things.The Chief Corporate Communications Officer of the corporation, Garba Deen Muhammad confirmed this in a statement on Wednesday afternoon.
A transport operator told our correspondent, “if you are going to AYA , it is now N400. This is what fuel subsidy removal has caused, Berger is N400.” Another transporter who also wished not to be named told DAILY POST that the fuel subsidy removal has led to an increment as high as N1000 in the cost of transportation.
“Lugbe is N400, Zuba is N1000, Gwagwalada is N1000, and this is due to the new price of fuel. Formally, N2000 will get me 10.5 litres of fuel and it will take me to Gwagwalada and back, but with this regime, 10.5 litres of fuel will cost me over N5,000. “Most of us are operating at a loss. This one is not favouring us at all,” he told our correspondent Wednesday night.
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