• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, March 4, 2026
  • 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

Progressivism: The Place of Ideology in Tinubu’s Management of Nigeria’s Economy

How Tinubu deployed tools of economic progressivism to lift Nigeria out of years of decadent values, profligacy – IMPI

TMSG hails Tinubu’s swift assent to the 2026 Electoral Act

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

CAC, Pakistani investors on economic diversification
Economy/Technology

Progressivism: The Place of Ideology in Tinubu’s Management of Nigeria’s Economy

March 1, 2026
Tinubu floats social welfare scheme consumer credit, expanded student loan fund
Economy/Technology

How Tinubu deployed tools of economic progressivism to lift Nigeria out of years of decadent values, profligacy – IMPI

March 1, 2026
EU punctures Atiku’s server story
Economy/Technology

TMSG hails Tinubu’s swift assent to the 2026 Electoral Act

February 20, 2026
Tinubu signs amended electoral Act
Economy/Technology

Tinubu signs amended electoral Act

February 18, 2026
Salvaging basic education from ruins of Boko Haram war in Borno
Economy/Technology

TDF hails Tinubu for speedy implementation of FG-ASUU agreement

February 13, 2026
Obi, PDP candidate advises Buhari to increase tempo
Economy/Technology

Peter Obi’s utterances on Student Loan Scheme disappointing,a lack of empathy – Group

February 13, 2026
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

China’s trade surplus with U.S dips

Zambia not in hurry to join AfCFTA

April 11, 2022
NUPRC underscores need for optimal oil, gas production, revenue

NUPRC generates N2.71trn mineral revenue – NEITI

November 10, 2023
Kenya moves to boost rice production

Kenya moves to boost rice production

December 25, 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
  • NLNG not responsible for gas supply shortfall, price hike

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

    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

  • Progressivism: The Place of Ideology in Tinubu’s Management of Nigeria’s Economy
  • How Tinubu deployed tools of economic progressivism to lift Nigeria out of years of decadent values, profligacy – IMPI
  • TMSG hails Tinubu’s swift assent to the 2026 Electoral Act

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