Fuel Scarcity: Kwara Transporters threatens fare hike

Date: 2015-03-12

Transport unions in Kwara State have threatened to increase the cost of interstate transportation if the pump price of petrol is not reversed to N87.
It will be recalled that some filling stations o arrest within Ilorin metropolis are selling a litre of petrol N100 following the recently scarcity of the product within the metropolis, the development,  they said is adversely affecting their profit.
They disclosed that if the artificial hike in the pump price of fuel is not reversed, they might be forced to effect fare hike.
Speaking with National Pilot in Ilorin on Wednesday, the Administrative Manager, Young Legacy Transport Company, Alhaji AbdulFatah Olanrewaju, lamented the adverse effect the fuel increase is having on the company’s business.
Though, the allayed the passengers’ fears of imminent fare hike, he, however, declared that should the situation persist, his company might be forced to effect fare hike that will be commensurate with the prevailing market.
“Transporters may be forced to increase fare price if the situation is not resolved soonest, fuel is a major raw-material in transportation business and it determines the price of every other thing in the market including cost of transportation, as  all transporters want to make profit. Sadly, our profit has been affected drastically since this issue started”
Also speaking with this medium, Chairman of the National Union of Road transport workers (NURTW), Maraba Branch, Alhaji Olountoyin Alao, decried the situation, which he described as artificial and called on the state government to arrest the development.
“The fuel price increment is having an adverse effect on our business, we have resigned to faith as it is hard for us to increase fuel hike with the current economic situation in the Nigeria. Increasing transport fare will be a burden too heavy to carry by passengers, more so we are in election period if we increase transport fare APC may accuse us of working for PDP or PDP accuse us of working for APC.
‘’We are waiting for the election to be done with, immediately we are through with the general election, we will take actions accordingly by reaching out to the appropriate quarters and if they fail to yield, we will also increase transport fare” he concluded.
Reacting to the state’s transporters, the Special Adviser on Labour Matters to the state governor, Comrade Bisi Fakayode, promised the state government’s resolve to sure the availability of the petrol product .
To this end, he remarked that a task force to make sure the availability of the petro product within the state had been setup.
He promised that the state government would liaise with the ‘appropriate quarters’ to ensure that neither the commuters nor transporters are surcharged because of the artificial fuel price hike in the state.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Muhammed Taofeeq Abdulrazaq     Women For Change And Development Initiative     Alapado     Peter Amogbonjaye     Sulyman Age AbdulKareem     Labaeka     Mumeen Lah     Adijat Adebiyi     Idris Garba     Olokoba Abdullahi Ayinla     Igbaja     Yusuf Mubarak     Fatima Abolore Jimoh     Olufolake Abdulrazaq     Dapo Teni Nig Enterprise     Yaru     Dumagi     Titus Suberu-Ajibola     Ahmed Ayinla Jimoh     Abdullateef Abdussalam     Ariyo     Ganmo     Mufti Of Ilorin     Abdulganiy Abimbola Abdussalam     Ahmed Bayero     Khadijat Ayoola Yusuf     Oniyangi     Raimi Iyanda     Yakubu Shaaba     Bello Abubakar     Tricycle Owners Association Of Nigeria     Lukman Oyebanji Fagbemi     Turaki     Saka Keji     Ahmed Bolaji Nagode     Split Diamond Interchange     Abdulquowiyu Olododo     Abdullahi Atanda     Ilorin Descendants Progressive Union     Gabriel Fashanu     Joana Nnazua Kolo     Joseph Yemi Ajayi     Funmilayo Zubair     Ambassador Kayode Laro     Moshood Mustapha     2023 Elections     General Hospital, Ilorin     Mohammed Saidu     Christopher Tunji Ayeni     Azeez Salawu     Owo Isowo     Alumni Association Of The Federal Polytechnic Offa     Alaaya     Usman Rifun     Ilesha Gwanara Road     IF-K     Oke-Ode     Elerin Of Erin-Ile     Oke-Odo     Kwarareports.com     Nupe     Mufutau Olatinwo     Christopher Ayeni     Segun Olawoyin     Trader Moni     Sam Onile     Adamu Atta     Ishak Mohammed Sabi     Baboko Primary School     Ayegbeni     Ayobami Akanbi     James Kolo     Ekweremadu     Esuwoye     Bilikisu Oniyangi     Elerinjare     Bolakale Ayo    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Dan Masanin     Tricycle Owners Association Of Nigeria     Mustapha Akanbi     Muslimah Entrepreneurship Forum     Kishira     Kupchi Hosea Maxwell     Salmon Babatunde Salmon     Hussein Oloyede     Musa Aibinu     Yakubu Shaaba     Bayo Onimago     Kanu Agabi     Bola Sagaya     Gabriel Fashanu     Muhammad Toyin Sanusi     Jamiu Oyawoye     Frootify     All Peoples Party     March 18     Hydro-electric Power Producing Areas Development Commission     Yahaya Seriki     Abioye Bello     Al-Adaby     Awodun     Niyi Osundare     Ganiyu Taofiq     Zulu Gambari     Umar Adelodun     SAPZ Project     Shururat Olatinwo     Emir Of Yashikira     Kwasu     KWASIEC     Saadu Alanamu     Mansurat Amuda-Kannike     Countryside Emerging Leaders Fellowship     CT Ayeni     Christopher Tunji Ayeni     Ayedun     Kayode Yusuf     IEDPU     Moronfoye     Ayekale     Unilorin     Abdulmalik Bashir Mopelola Risikatullahi     Rasaq Jimoh     Chief Of Staff     Government House     Solomon Edoja     Kwara State Internal Revenue Service     Dairo Kunle Paul     Smart School     Dankaka     Gwanara     Adamu Jemilat-Baki     Idi-Ape     Abdulsalam Firdaous Amosa     IYA ALFA NLA     Raliat Islamic Foundation     Trade Lenda SME Fair     Ministry Of Women Affairs And Social Development     Sunday Fagbemi     Babaita     Lotus Bank     Ilesha Gwanara Road     Ganmo     Ahmad Ali     Harafat E. Mukadam     Eleja     Lai Mohammed     Folashade Omoniyi     Sarkin Malamai     Sola Saraki University     Okin Group     National Association Of Nigerian Students     Abdulkadir Jimoh     Sidikat Akaje