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Energy & OilNews

Commuters Still Paying High Fares Despite Fuel Price Drop, CNG Introduction

Oluwadara Akingbohungbe
By Oluwadara Akingbohungbe
Published: April 9, 2025
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Despite reduced fuel prices and the introduction of cheaper Compressed Natural Gas (CNG), Nigerians continue to grapple with high transportation fares. Passengers across Lagos, Ogun, and Oyo states report no significant relief, attributing the inflated costs to the actions of transport unions.

Many lament that fares, which surged by nearly 400% since President Bola Ahmed Tinubu’s inauguration when petrol prices soared to N1200 per litre, remain unaffordable.

Investigations reveal that commercial transporters face multiple daily levies in parks, imposed by unions and state governments, further burdening drivers.

This situation persists even as national data from April 2024 shows intercity bus fares averaging N7,122.57, a significant jump from N3,994.51 in the previous year, highlighting the disconnect between fuel price reductions and actual transport costs.

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