Home » P-Square’s Peter Okoye Sounds Alarm on Nigeria’s Economy: Monthly Diesel Costs Hit 3 Million Naira

P-Square’s Peter Okoye Sounds Alarm on Nigeria’s Economy: Monthly Diesel Costs Hit 3 Million Naira

by HardeyhorlahLizzy
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In a candid Instagram revelation, Peter Okoye, renowned as one-half of the iconic music duo P-Square, has voiced deep concerns about Nigeria’s economic state. The artist shed light on the profound impact of escalating costs, particularly in the wake of soaring diesel prices.

Okoye disclosed that his monthly expenditure on diesel has skyrocketed to a staggering 3 million Naira, a figure nearly 20 times higher than the amount spent on his first car years ago, which totaled 120,000 Naira. This stark contrast underscores the economic challenges faced by many Nigerians, affecting both individuals and businesses.

The disclosure unveils the severity of Nigeria’s economic woes, resonating with those who have experienced the ripple effects of economic fluctuations. Beyond economic concerns, Okoye has found himself in social media discussions on topics ranging from advocating for justice to expressing dissatisfaction with the Nigerian banking system.

Notably, Okoye faced controversy for his stance on the Mohbad case, accused by some of pursuing clout rather than genuine concern. His recent criticism of Nigerian banks, citing an attempted fraud incident, has sparked conversations about the effectiveness of the country’s legal system.

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