In Kano, motorists and commuters have expressed their strong disapproval of the sudden increase in fuel prices which has disrupted business activities. The recent approval by the Nigerian National Petroleum Corporation Limited to raise the pump price from N617 to N897 per litre has been met with widespread criticism. Many individuals feel that this price hike is unjustified given the current economic challenges and ongoing fuel shortages in the country.
Various fuel stations in different areas of Kano have already adjusted their prices to reflect the new rate, causing further strain on consumers. Residents like Abdullahi Zubairu are feeling the impact as they struggle to afford fuel for their vehicles and generators. With prices soaring, many are being forced to make adjustments in their daily lives to cope with the financial strain.
The repercussions of the fuel price increase are extending beyond just fuel costs. Prices of other commodities are also on the rise, with some items doubling or even tripling in price. The absence of price control measures has allowed traders to capitalize on the situation, further burdening the already struggling population.
The ripple effects of the fuel price hike are evident in various sectors, including transportation, where commercial tricycle operators have raised their fares significantly. This has created a domino effect on the cost of living for Nigerians across different social strata.