Home News Subsidy removal: 10 useful tips to surviving fuel price hike
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Subsidy removal: 10 useful tips to surviving fuel price hike

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By Chioma Obinagwam

The recent subsidy removal is already impacting on fuel prices in Nigeria. The price of fuel has risen beyond 300 percent and Nigerians are already on the streets protesting.

Confiance News has curated 10 useful tips for surviving a fuel price hike.

 

Carpool or share rides: Consider carpooling with coworkers, friends, or neighbors who have a similar commute route. Sharing rides not only reduces fuel consumption but also lowers your overall transportation costs.

 

Utilize public transportation: Explore the availability and convenience of public transportation options in your area. Buses, trains, and trams can be an economical and efficient way to travel, particularly in urban areas.

 

Plan your trips: Consolidate your errands and plan your routes in advance to minimize unnecessary driving. Combining multiple tasks into a single trip helps reduce fuel consumption and saves you time as well.

 

Consider alternative transportation methods: Depending on your location and the distance you need to travel, consider using alternative transportation methods like cycling or walking. These options not only save fuel but also promote a healthier lifestyle.

 

Practice fuel-efficient driving habits: Adopting fuel-efficient driving techniques can significantly improve your vehicle’s mileage. Avoid aggressive driving, maintain a steady speed, and reduce unnecessary idling whenever possible.

 

Keep your vehicle well-maintained: Regular vehicle maintenance helps improve fuel efficiency. Ensure that your tires are properly inflated, change the oil at recommended intervals, and keep your engine tuned for optimal performance.

 

Explore fuel discount programs: Many gas stations offer loyalty programs or discounts when you accumulate points or make specific purchases. Look for such programs to save money on fuel purchases.

 

Use smartphone apps: Various smartphone apps provide real-time information about gas prices in your area. Utilize these apps to find the most affordable fuel stations nearby.

 

Consider fuel-efficient vehicles: If you are in the market for a new vehicle, research and consider purchasing a fuel-efficient or hybrid model. These cars provide better mileage and can save you money in the long run, even with higher fuel prices.

 

Explore car-sharing services: Instead of owning a vehicle, consider joining a car-sharing service. These services allow you to rent a vehicle for a short period as needed, saving you the costs associated with car ownership, including fuel expenses.

Remember, the key to surviving a fuel hike is to be mindful of your fuel consumption and explore alternative transportation options whenever possible.

Beyond the 10 aforementioned tips, the conversion of fuel efficient vehicles to gas efficient vehicles is becoming a trend, since the price of gas is lower. There instances of people using it in the generators too. You may want to consider these options.

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