Nigerian business mogul and chairman of Peace Mass Transit (PMT), Dr. Sam M. Onyishi has pledged to bear the cost of hike in fuel price resulting from recent subsidy removal, also directing his staff not to increase the fares for customer.
He disclosed the information on Monday June 5, via the company’s Twitter page @PMTNigeria.
According to the tweet, traveling customers of the transport company will not pay more than the original price for their journey despite the over 200% increase in fuel price.
The tweet reads, “General Manager of the company, Ifeanyi Enete, directed depot staff and cooperative members in an internal correspondence, to stick to the company’s old price, despite the new petroleum product prices announced by the NNPC last week.
“NNPC action had apparently flowed from the announcement of abolition of fuel subsidy by Alhaji Bola Tinubu, on the day of his inauguration as President.
“Owner, Onyishi, made the decision to personally defray the extra cost of transportation by the PMT fleet, as a gesture of goodwill to, and support for the company’s teeming customers, who are burdened by the increasing cost of living in the country. He has directed the General Manager, and 12 co-operative societies that operate the PMT fleet to execute his instructions to the letter. Our chairman, in his benevolence, has directed us not to increase transport fares, despite the skyrocketed increase in the pump price, as a result of fuel subsidy removal.
“He did this as a sacrifice to mitigate the suffering of Nigerians, he added. The GM continued, “Dr Onyishi later personally expansiated on reasons behind such a massive sacrificial outlay, thus: This time calls for sacrifice; we should. Let’s all think about what we can do for Nigeria, and not what Nigeria can do for us. It will definitely be tough but we shall endure for the sake of humanity, after all we were paying our workers during covid-19 without any income. The same God will do it for us again.”