Nigeria’s rising transport fares cannot be attributed solely to the high cost of petrol. A recent report reveals that road taxes collected by state governments surged by 63% in 2023, highlighting their growing contribution to state revenues and the impact on overall transportation costs. Data from the National Bureau of […]
Mobility
The Nigerian National Petroleum Company Limited (NNPC) on Tuesday raised the retail price of Premium Motor Spirit (PMS), commonly known as petrol, just weeks after a previous increase. This latest price adjustment has fueled concerns over potential inflation spikes and economic hardship. In Abuja, NNPC outlets raised the price per […]