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Residents decry fuel price, transport fare hikes as scarcity worsens

By Waliat Musa
05 September 2024   |   3:49 am
Nigerians have lamented increase in transport fares due to hike in the pump price of petrol by the Nigerian National Petroleum Corporation Limited (NNPCL).
Motorists queue to buy fuel at a filling station(Photo by PIUS UTOMI EKPEI / AFP)

• Lagos State govt extends work-from-home policy
• Iheanacho opposes Otedola’s call to dismantle petroleum depots

Nigerians have lamented increase in transport fares due to hike in the pump price of petrol by the Nigerian National Petroleum Corporation Limited (NNPCL).

Some residents, who spoke with The Guardian yesterday, described the current fuel situation in Nigeria as biting, saying that it had affected transportation.

Meanwhile, Chairman of Integrated Oil and Gas Limited who also doubles as a member of the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Emmanuel Iheanacho, has opposed the comments made by Femi Otedola on dismantling of petroleum storage depots regarding Dangote’s PMS production.

Iheanacho said that the petroleum products storage depots are a vital component of the fuel supply chain, complementing primary fuel sources, adding that without these depots, other elements in the supply chain would struggle to deliver fuel to consumers.

However, Lagos State Government has extended its work-from-home policy for its workers for the next three months with effect from September 4, 2024.

Governor Babajide Sanwo-Olu approved the extension in a circular signed by the state’s Head of Service, Bode Agoro, yesterday.

He directed that workers on Grade Level 01-14 should be allowed to work from home for two days in a week, while those on Grade Level 15-17 are to work from home for one day in a week.

The decision was aimed at reducing the effects of the removal of fuel subsidy on the workers.

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