…arrangements for disbursement. The agreement comes amid continuing concerns over transportation costs and the prices of other essential goods following the removal of the petrol subsidy in May 2023, which contributed to rising living costs across the country. Organised labour has repeatedly demanded measures to ease th…

…India and China instead of strengthening its own production. Traders blame high transportation costs, others Traders in various areas in Lagos attributed the rising prices of food items to higher transportation expenses, spoilage and supply constraints, which they said were putting pressure on their businesses. Founder…

…unchanged. SBM warned that the improvement could prove temporary, particularly as transportation costs remained elevated and fuel prices threatened to reverse recent gains. The report stated, “The relief is harvest-shaped and feed-shaped, and both are seasonal.” It explained that transportation expenses increased in se…

…adjustment had failed to provide meaningful relief, particularly as inflation and higher transportation costs continued to weaken workers’ purchasing power. He also expressed concern over unresolved industrial disputes, recalling an 84-day strike by health sector workers that was suspended following the intervention of…

…through the borders.Sustained improvements in supply, alongside lower production and transportation costs, could help stabilise prices and make rice more affordable for Nigerian households.

…also recommended targeted interventions to cushion the impact of higher fuel prices on transportation costs. A division chief in the fund’s Fiscal Affairs Department, Davide Furceri, suggested that governments could redirect resources from blanket subsidies towards support for public transport users and other vulnerabl…

…a responsibility on his administration to provide practical alternatives to reduce transportation costs. He said the government was working with state governments, through the Nigeria Governors’ Forum, and private investors to expand affordable transport services under the National Affordable CNG Transportation Program…

…2023 presidential election. He noted that subsidy removal had significantly increased transportation costs and other essential expenses across the country. Amaechi questioned the government’s response to the rising cost of living, stressing the need for measures to ease economic pressure on households. He also expresse…

…whether earning ₦100,000 or ₦200,000 monthly was enough to meet basic needs amid rising transportation costs and the increasing price of goods and services. He expressed concern that the cost of living continues to rise while many Nigerians struggle to earn enough to cover their expenses. Nedu also claimed that less th…

…and relevant petroleum regulators to address the impact of rising petrol prices on transportation costs, warning that the burden is making education increasingly expensive for students. The association also called on Aliko Dangote and the management of Dangote Petroleum Refinery to establish a dedicated student-support…

…stations and prioritising public transporters, the scheme appears targeted at easing transportation costs for commuters rather than providing broad relief at all filling stations across the country. The 30-day timeframe also signals that the measure is temporary in nature.Onanuga's intervention suggests the presidency…

…in Abuja, saying existing measures had not sufficiently addressed rising fuel and transportation costs. The proposed ceiling applies to petrol supplied from refineries or imported into the country, rather than the price motorists would pay at filling stations. It would be reviewed monthly, with the figures published."P…

…the amount paid by consumers depending on their state, neighbourhood, supply source and transportation costs.Cooking Gas Price: How Much Nigerians Pay to Refill 12.5kg Cylinder in Abuja, Lagos, Other States>In Lagos, for instance, some retailers were selling Liquefied Petroleum Gas (LPG) for as much as ₦1,600 per kil…

…changes are not uniform across the country, as inventory levels, sourcing arrangements, transportation costs and competition all play a role in what individual depots charge.Dangote refinery names 20 companies cleared to buy its petrolEarlier, Legit.ng reported that the Dangote Petroleum Refinery has named 20 petroleum…

…that cost differences begin at the source, before logistics and retail margins are added.Transportation costs add to the burdenRising petrol prices have pushed up transportation costs across the country, adding further strain on the LPG supply chain and, by extension, on consumers.Adenike Osho, a consumer in Lagos, tol…

…relief to road users and other Nigerians. He said the reduction would also help lower transportation costs, particularly for commercial operators who depend on fuel. Mr Abdul Lateef, a motorist in Kabusa, urged marketers to ensure consumers felt reductions in their operating and procurement costs. He appealed to releva…

…government will subsidise it,” he said. Amaechi also linked the increase in food and transportation costs to the removal of petrol subsidy. “He just held microphone and didn’t care. He just said remove subsidy. Since he removed subsidy, transportation increased, food prices increased, tomatoes, corn, everything,” he sa…

…wage before 2027.The demands reflect broader concerns about rising food prices, higher transportation costs, and the declining purchasing power of Nigerian workers.The council closed its circular with a rallying call to members, urging them to spread the strike notice widely."Please, disseminate the information!!! Sure…

…that millions of Nigerians were still struggling with food, education, healthcare and transportation costs. He said the challenges facing vulnerable Nigerians predated his administration and were the accumulated consequences of decades of low productivity, inadequate infrastructure and limited opportunities. “We cannot…

…millions of Nigerians were still struggling with food, school fees, medical bills and transportation costs. He said the circumstances of vulnerable Nigerians did not begin with the reforms of the last three years, but were the accumulated consequences of decades of low productivity, inadequate infrastructure, insuffici…

…a paint bucket now selling for ₦10,000, up from ₦3,000 in May, as supply shortages and transportation costs drive prices higher.The ₦7,000 increase represents a jump of about 233 per cent in four months, highlighting the growing cost of an ingredient widely used in Nigerian kitchens.Onion sellers announce new prices as…

…investment in mass transit, rail freight and logistics networks to bring down transportation costs. He also urged the government to speed up the rollout of Compressed Natural Gas, solar energy and other alternatives to reduce reliance on petrol.On food security, he pressed for more investment in irrigation, rural infra…

…cost of producing goods, especially food, will rise because everything is affected by transportation costs. “This kind of change is not good for the economy at all, and people are going to face more hardship as a result,” he said. Mr Owei Lakemfa, the former Secretary-General of the Organisation of African Trade Union…

…premium brands and particular markets can push prices significantly higher.Location, transportation costs, grain quality, wholesale margins and retailer pricing will continue to determine the final price paid by consumers.Rice prices crash across NigeriaLegit.ng earlier reported that Nigerian consumers are finally gett…

…efforts to make CNG a cheaper alternative to conventional transport fuels and reduce transportation costs for Nigerians.President Bola Tinubu's government secures $2 billion CNG investment to reduce transport costs. >Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, disclosed the development in a stateme…