Private vehicles owners turn to cab business on petrol price hike

In the wake of fuel subsidy removal, private car owners in Africa’s largest economy are increasingly turning their vehicles to car business services as a means to offset rising fuel costs.

Akinolu Akinola, an IT officer who works at Ikeja and lives at Egbeda now charges his neighbors for transporting them to work to and fro, a development that only occurred post petrol subsidy removal.

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