May 21, 2024
Suit 25, Mangal Plaza, Nouakchott Street, Wuse Zone 1, Abuja- Nigeria.
OIL & GAS RENEWABLE ENERGY

Suzuki Working on Solutions to Mitigate High Energy Prices in Nigeria

The Japanese multinational mobility manufacturer, Suzuki, said it is working on practical ways to mitigate the impact of high fuel prices on Nigerians.

The General Manager of Suzuki, Aissatou Diouf, in a statement on Thursday, said with many Nigerian car owners with limited disposable income and corporates with depleted fleets feeling the financial strain, the search for vehicles that strikes a balance between budget-friendliness with long-term returns on investment has become more critical than ever.

She highlighted that, in times of economic prudence, Suzuki by CFAO remains a pragmatic choice for those seeking cost-effective ownership solutions without compromising on quality and dependability, The Punch reports.

Energy costs in Africa’s largest population soared appreciably as the Federal Government completely removed subsidy on diesel and petrol recently.

Energy Afrique had reported that Nigeria has the highest increase during the period with over 200%, taking up from N174 (2022) to the present N617 per litre as a result of the fuel subsidy removal by President Bola Ahmed Tinubu on 29 May 2023.

The diesel also increased by 2.60 per cent, according to the National Bureau of Statistics (NBS) Automotive Gas Oil (AGO) price watch for July 2023.

The NBS showed that the average price of petrol per litre increased from N238.11, after the removal of subsidy to N600.35 in July. On a month-on-month basis, it increased by 9.99 per cent from N545.83 in June this year.

Over the past decade, Suzuki’s relentless pursuit of excellence in engineering, particularly the continuous enhancements to their K-Series engines, has yielded an impressive 30 per cent increase in fuel efficiency. On average, Suzuki models achieve an outstanding fuel consumption rate of 22 kilometres per litre, with tank capacities ranging from 28 to 45 litres.

Diouf elaborated, “This achievement underscores the brand’s unwavering commitment to adapt and innovate in response to evolving economic and environmental challenges.

“These vehicles not only excel in fuel efficiency but also ensure easy maintenance and provide access to quality spare parts at competitive prices, aligning with the renowned Japanese dedication to quality.”

As a testament to Suzuki’s impressive fuel efficiency, an experiment was conducted where four individuals embarked on a round trip from Lagos to Ibadan using only an estimated quarter tank of fuel. This experiment was meticulously documented in a video available on the company’s official social media channels.

“The compact Suzuki Swift stands out with exceptional fuel efficiency at 20.41 kilometres per litre, making it a top choice for that prioritizing economical fuel consumption,” he said.

Suzuki has carved a niche in the minds of Nigerian car buyers due to its reputation for reliability, value for money, solid after-sales support, and accessibility to quality spare parts.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.