Business
Revert To Old Fare, Commuters Urge Transporters
Commercial bus drivers in Port Harcourt have been urged to revert to the old transport fare following the improvement experienced in the supply of petroleum products recently in the state.
The call was made by a cross section of commuters who decried the continuous hike in transport fare by intra-city commercial bus drivers within Port Harcourt metropolis and its suburb.
It would be recalled that the bus fare from Mile III to Mile I was N40.00, Mile I to Lagos bus stop N40.00 and Lagos bus stop to Borokiri, N40.00 but was increased by bus drivers to N50 for each of the drops in the wake of the fuel scarcity experienced late last year in the country till now.
Speaking to The Tide on Monday at Mile One Market bus stop, a commuter, Mr. John Ike, said that the insensitivity of the transporters to the plight of the commuters is hinged on mere greed adding that the sweetness of the hike in fare has eaten deep in their blood as such to revert to the old rate of N40 sounds impossible to them. His words: “There is no more fuel scarcity, no more Christmas, no more Easter. Why won’t they come down to the old rate?”
In Mr. Chukwudi Ijere’s view, government should through the Ministry of Transport enforce the order to revert to the old transport fare of N40 on the commercial bus drivers to salvage the masses from the exploits of the greedy transporters.
He maintained that there is no reason why a minute unit of the society in the name of drivers will impose an illegal transport fare on the people without the permission and authority of the government, such action is criminal and should call for government’s intervention, he added.
Commenting on the issue, a commercial bus driver who spoke to The Tide on condition of anonymity said that they are not thinking of reverting to the old fare of N40 due to road congestion experienced as a result of road construction going on along various routes, saying, “before you make a trip it consumes time, so with N50 fare we will afford to manage with the few trips we can make in a day.”
Another reason we anchored on N50 fare, he said, is due to the high cost of spare parts and vehicle maintenance, as well as police extortion.
The National Union of Road Transport Workers (NURTW) when contacted, denied being aware of any increase in transport fare in the state.
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Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
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