President Bola Tinubu declared in his inauguration address that his administration will end the subsidy on gasoline.
As a result, Nigerians had to pay more for petrol while fighting inflation.
Fuel queues swiftly formed throughout the nation as most gas stations recognized an opportunity to make money off the decision as soon as it was made.
The Nigerian National Petroleum Corporation Limited (NNPCL) announced an increase in fuel prices at all of its gas stations the following day.
The cost of transportation instantly rises sharply.
Many Nigerians, who already struggle with unemployment and poverty, have expressed fury and condemnation over this.
The administration has justified its action, claiming it will save billions of naira that can be applied to other programs aimed at economic growth.
In this article, we lists five strategies for surviving to the end of gasoline subsidies.
- WALKING
As an option for short distances, think about walking. It has positive effects on one’s health in addition to saving gasoline. You should arrange your errands so that you may walk to local shops, marketplaces, or other locations. To promote walking as a sociable and healthful activity, join or start walking groups in your neighborhood.
- PUBLIC TRANSPORTATION OR CARPOOLING
Use public transit, such as buses or trains, as it is typically less expensive than driving a personal vehicle. Utilize carpooling as well with neighbors, friends, or coworkers that take the same routes. By doing so, road congestion is decreased and fuel expenditures are shared.
- SPENDING HABITS
Examine your income and spending to find areas where you may make savings or cutbacks. Spend less on frivolous items and put the most important costs first.
- AVOID UNNECESSARY JOURNEYS
Reduce the amount of time and distance you spend driving by optimizing your routes. If it’s feasible, take into account remote employment or flexible work schedules to lessen your commute times.
- PLAN YOUR TRIPS
Make a list of the locations you must go and the things you must do. The use of gasoline is reduced when many trips for errands are made. Reduce the need for physical journeys by using online shopping and delivery services for meals, groceries, and other products.
cc: Daily Post Ng
