Despite recent reductions in petrol prices by Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPC), road transport operators across Nigeria have ruled out lowering transport fares. The transporters argue that the high cost of vehicle maintenance and spare parts makes fare reductions unfeasible.
Dangote Refinery and NNPC recently reduced petrol prices to N825 and N860 per litre, respectively. However, transporters in states like Kano, Lagos, Kaduna, and Kogi have maintained their fares, citing exorbitant costs for spare parts and repairs. For instance, a new tyre now costs N68,000, up from N15,000-N20,000, while engine replacements can cost as much as N1.5 million.
In Lagos, passengers like Mudashiru Kilani and Debo Adewale reported no changes in fares, with trips still costing N200-N300 for short distances. Transporters explained that only a few stations, such as MRS and NNPC, have reduced prices, while others still sell petrol above N900. Long queues at cheaper stations also discourage drivers from waiting, forcing them to buy fuel at higher prices.
In Kaduna, fares remain unchanged, with trips from Kaduna to Makurdi still costing N12,000. Passengers like Jerry Teryima expressed frustration, noting that fares rise immediately when fuel prices increase but remain stagnant during price cuts.
However, Anambra State stands out as an exception. Transport companies like Chisco and God Is Good have reduced fares following a significant drop in petrol prices from N1,600 to N970-N990 per litre. Fares from Awka to Abuja and Lagos have been slashed by N10,000-N15,000, while intra-state fares have also decreased.
Transporters nationwide insist that fare reductions will only occur if fuel prices drop significantly and spare parts become more affordable. Until then, passengers will continue to bear the brunt of high transport costs, despite the recent fuel price cuts.
SOURCE: Leadership