That fuel subsidy has been removed in Nigeria is no longer news. The removal however has caused uncertainty with Nigerians wondering how they will cope with new prices.
The effects of this decision has already been felt, with transportation fares within cities already reflecting the change.
To help individuals save on fuel expenses and mitigate the rising transportation costs, here are five survival strategies:
- Utilize your engine efficiently: Optimize fuel consumption by avoiding excessive idling, utilizing cruise control, and using overdrive gears judiciously. Studies indicate that idling for more than 10 seconds consumes more fuel. It also emits more CO2 than turning off and restarting the engine. Consequently, it is more sensible to completely turn off the vehicle during brief stops. Then restart it when ready to resume the journey. This approach minimizes both fuel usage and CO2 emissions.
- Maintain and ensure the smooth operation of your car: In these times, neglecting your vehicle’s condition is unwise. Conduct regular maintenance checks, such as cleaning air filters, maintaining proper tire inflation, and ensuring appropriate oil grading, to avoid unnecessary fuel expenses.
- Carpool with colleagues on the same route: If some of your colleagues commute to and from work, consider carpooling with them to save on transportation costs.
- Explore telecommuting options: Discuss with your employer the possibility of working from home. You may discuss certain days to work remotely. This will reduce the burden of exorbitant transportation fares.
- Reside near your workplace: Opting for a residence in close proximity to your workplace will significantly reduce transportation expenses. This way, you can either walk or have a short commute to your office. It may mean that you will have to pay more for rent though.
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