Business
Fuel Scarcity: PH Drivers Hike Fares By 100%

From Left: Guest Speaker, Dr Tomi Asuni; Managing Director Ekimiks Ltd, Mr Tope Miriki, Director General International Institute of Tropical Agriculture (Iita), Dr Nteranya Sanginga and Guest Speaker, Mrs Lolade Adesola at the training on Developing Strategic Skill for Agricbusiness in Ibadan last Tuesday
Commuters in Port
Harcourt and other parts of Rivers State are now spending more on transport following the scarcity of petrol in the country.
Most routes that normally charge N50.00 a drop now cost N100.
From Mile 1 flyover to Rivers State University of Science and Technology (RSUST) Port Harcourt, which cost N50,000 costs N100, from Mile III park to Rumuokoro that charged N100 before now costs N200, while from Mile 1 flyover to Yenagoa, the capital of Bayelsa State, which used to cost N1,000.00 now costs N1,500.00 by bus.
The situation has forced some commuters to resort to trekking long distances.
A taxi driver, Jonah Friday, who plies Mile 1 flyover-RSUST route said, “we have to increase fare to cover the high cost of fuel.
“I bought a litre of petrol at the rate of N270,00, if we don’t increase fare, how do I cover and still make profit.”
Apart from transport, cost of the items in the market are going higher by the day and the masses are groaning under the present economic situation in the country.
Chris Oluoh