Fuel Scarcity: Bikes charge N300, Town Buses Fluctuate Prices
The increase in fuel costs in Ife due to scarcity has caused a ripple effect on transportation expenses within the campus, particularly with bike fares. Following fare issues with towngboro drivers, the Students' Union issued a statement on April 28, highlighting an agreement to maintain regular bus fares until further negotiations on Tuesday. While bus fare adjustments were mentioned in the statement, bike fares remained unaddressed. While bus rides continue at ₦100 from bus stop to gate and ₦150 to town, bike riders have hiked their prices to ₦300 from bus stop to gate as of April 28. One rider justified the increase, citing the elevated cost of fuel purchases. The fuel scarcity has taken a toll on the residents of Ile-Ife, Osun State, especially the students of Obafemi Awolowo University. Prices have been fluctuating despite the instructions from the Student's Union against price hikes. The queues in the petrol stations and exorbitant black market pri...