PENAMPANG — Public and goods land transport companies have been urged not to wait until the last minute to register for the Subsidised Petrol Control System (SKPS) ahead of the targeted subsidy for RON95 petrol, which will be announced by the Ministry of Finance soon.
Domestic Trade and Cost of Living Minister Datuk Armizan Mohd Ali said the companies involved are encouraged to register early so they can benefit from the subsidy as soon as the implementation date of the targeted RON95 petrol subsidy is announced.
He said the call was made as the number of companies registered under SKPS remains low, with only 89 vehicles in Sabah and six in Sarawak registered, compared to an estimated 4,647 vehicles eligible.
“Don’t wait until the last minute. If we look at the process, registering and applying for SKPS is simple. We feel that if they register now, KPDN (Domestic Trade and Cost of Living Ministry) can approve it within a day or even an hour when the documents are complete.
“But the next process is that once they receive notification of approval, they have to apply for a fleet card from their chosen oil companies. This is what will take time,” he said when met by reporters after attending the Sabah Students Convention here today.