Authors : E.F. Ogunbodede, A.O. Ilesanmi and F. Olurankinse
Abstract: Incessant price hike of petroleum products have led to crisis and industrial actions led by some pressure groups in Nigeria. Based on this problem, the study examines its effect on the Nigerian environment because the welfare of the nation’s economy depends largely on the efficient and adequate movement of passengers which is dependent on constant supply of PMS. Questionnaire was used to collect the primary data from six major cities within Ondo State which was used as the study area. Perception scale on a 4-point Likert scale was used to elicit response from the operators of public passenger transport system. The Mean Weight Value (MWV) was calculated from the ranking of the perception scale. The result of these MWV were compared with the Group Arithmetic Mean (GAM) of each group to determine whether to accept or reject a problem item as being a reflection of the thinking of the majority for taking a decision. Results from this study shows that price hike of PMS have increased transport fare, led to hoarding of PMS, encourage long queue and black market. Problems identified above have exerted a lot of hardship on the people and the economy of the country to the extent that the poor were the worst hit. The study suggested some measures that could be put in place by Government to ensure constant supply of PMS and remove some of the bottlenecks to achieving effective and adequate public passenger transport services in Ondo State.
E.F. Ogunbodede, A.O. Ilesanmi and F. Olurankinse, 2010. Petroleum Motor Spirit (PMS) Pricing Crisis and the Nigerian Public Passenger Transportation System. The Social Sciences, 5: 113-121.