Transportation costs skyrocketing in Nigeria as petrol, and diesel prices rise 222%, 25% in 1 year
A recent report by Nigeria’s National Bureau of Statistics (NBS) has revealed an alarming escalation in transportation costs attributed to soaring fuel prices, painting a dire picture for commuters nationwide. In the wake of President Bola Tinubu’s withdrawal of federal subsidies on petrol in May 2023, Nigeria witnessed an unprecedented surge in fuel prices, significantly …









