Oil Subsidy Removal ’ll Cause Fare Hike


A Transporter and chief executive officer of Chudom Whitelines Ltd, Mr Donald Chuhwunenye has said the  removal of the oil subsidy would skyrock prices of goods and services in the country.

Mr Chukwunenye who dropped this hint in a chat with The Tide transport correspondent in Port Harcourt , recently said with the removal of the subsidy, transporters would have no option than to increase transport fares arbitrarily.

According to him, the move if not checked would cause inflation in the country, adding that before government could take such action, they should curb corruption from its buds, or else the removal of the oil subsidy would throw this country into a serious jeopardy.

“Let the Federal Government tackle the increasing problems of corruption first and assured the masses that money that would accrue from the removal would not go to the hands of some few individuals who had formed a cabral”, he opined.

The inter-state transporter noted that there is nothing wrong in the removal of the oil subsidy, provided the masses are properly enlightened on the benefits the country stand to achieve. “Let us solve corruption in the country first and remove oil subsidy gradually”, Chukwunenye  said.

Meanwhile, some commercial drivers and road users have aired their views on the proposed removal of fuel subsidy.

Atemie Ogolo, co-ordinator of Opobo/Nkoro transport route along Ikwerre Road said the scarcity of fuel is actually affecting both business outfits and motorists and that if not checked would eventually lead to increase in transport fare.

On the removal of subsidy, Mr. Ogolo said he is in support provided government would invite all stakeholders and educate them on the benefits and enjoined all to support as the attendant hardship would only be temporary since plans are in the pipeline to reactivate the refineries which would also create job opportunities.

Prince Attah, a driver and one Mrs Beauty, a civil servant from Abuloma said the removal would only end up causing hardship adversely, affect the economy, transportation of goods and services, increase in house rent and less value on staff salary, adding “it will only favour the privileged few.”

They appealed to the government to critically examine the pros and cons so that the masses would not suffer.


Collins Barasimeye/Sarah Jacob