• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, November 26, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Commuters face transportation headache amid fuel price hike in Ethiopia

Ethiopia

The Matters Press by The Matters Press
July 12, 2022
Reading Time: 2 mins read
0
Nigeria plans to increase petrol pump price despite spike in inflation, unemployment

The soaring price of fuel is impacting transportation service in Addis Ababa, Ethiopia’s capital where commuters are seen waiting for hours before they could get rides.

RELATED POSTS

Presidential aides hail IMPI’s boss, Akinsiju at 63, commend his role in advancing Nigeria’s reform.

‎‎IMPI links Nigeria’s PMI to inflation decline, insists on 14% year-end projection ‎

Court labels Nnamdi Kanu ‘international terrorist

The Ethiopian Ministry of Trade and Regional Integration recently increased the price of gasoline by 30 per cent to 47.83 birr (0.92 U.S. dollars) per litre and hiked the price of one litre of diesel by 38 per cent to 49.02 birr.

Commuters who spoke to Xinhua said they had to wait for hours for taxis and pay higher fares despite the government’s fuel subsidies for commercial transport providers.

“There is a critical transportation problem and we had to queue for long hours as there are fewer taxis.

“This is due to the fuel price hike,” said Lidya Endeshaw.

Endeshaw said that the taxi fare increment that followed the fuel price hike “is in particular affecting low-income people.”

Tewodros Meshesha, a taxi driver in Addis Ababa, on his part said amid the latest fuel price hike, the number of vehicles on the road had decreased significantly.

He argued that taxi drivers were not well-informed about the government’s new fuel subsidy scheme and were purchasing fuel at the same price as ordinary private vehicle owners, causing them to eventually charge higher fares due to their rising fuel expenses.

The Ethiopian Ministry of Transport and Logistics recently said it had introduced a Fuel Subsidy Beneficiary Scheme for commercial transport providers so that they could serve commuters at reduced transportation costs.

Abdulber Shemesu, an official from the Ethiopian Ministry of Transport and Logistics, said that the subsidy is part of the government’s efforts to relieve commuters from the impact of the latest fuel price hike and increasing cost of living.

“The subsidy has been in place since July 6 but the majority of commercial transport providers lack awareness on how they can make use of the subsidy and they have been observed halting services,” said Shemesu.

The increase in fuel price is stoking fears of further deteriorating the already soaring cost of living among ordinary Ethiopians.

Africa’s second-most populous nation is already witnessing a sharp price increase in basic items.

Five litres of edible oil which used to be sold for around 400 birr but is now being sold for about 1,100 birr.

Amid scarce edible oil supply to the market and the eventual soaring demand, the government had previously dropped taxes and tariffs on imports of all edible oil products.

Ethiopia recorded 34 per cent general inflation in June, with food inflation alone reaching 38.1 per cent.

Tags: Ethiopia
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Presidential aides hail IMPI’s boss, Akinsiju at 63, commend his role in advancing Nigeria’s reform.
News

Presidential aides hail IMPI’s boss, Akinsiju at 63, commend his role in advancing Nigeria’s reform.

November 22, 2025
Features

‎‎IMPI links Nigeria’s PMI to inflation decline, insists on 14% year-end projection ‎

November 21, 2025
Supreme Court voids Executive Order 10, hard time awaits institutions
News

Court labels Nnamdi Kanu ‘international terrorist

November 21, 2025
Amended charge filed against Nnamdi Kanu
News

Kanu international terrorist bags life sentence

November 20, 2025
Africa transparent in military spending
Economy/Technology

Nigeria hits record-breaking arms deal with US in 18 months – IMPI

November 14, 2025
President Tinubu congratulates Ginika  Tor-Ijeomah*
Economy/Technology

President Tinubu congratulates Ginika Tor-Ijeomah*

November 14, 2025
Next Post
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021

World Bank pledges continued support for projects in Tanzania

Chinese company to partner African countries to advance technologies

Chinese company to partner African countries to advance technologies

Recommended Stories

Food shortage: Nigeria bans foreigners from direct purchase of produce from farmers

23.4m people face acute food insecurity in Horn of Africa – UN

July 17, 2023
Experts validate Nigeria’s implementation strategies for success under AfCFTA

Relief over extension of deadline for change of banknotes

January 30, 2023
Onyema, Air Peace CEO faults  U.S

Air Peace begins flight operations to China

July 13, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Presidential aides hail IMPI’s boss, Akinsiju at 63, commend his role in advancing Nigeria’s reform.
  • ‎‎IMPI links Nigeria’s PMI to inflation decline, insists on 14% year-end projection ‎
  • Court labels Nnamdi Kanu ‘international terrorist

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us