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Conflict between US, Israel, and Iran intensifies, leading to rising transportation costs and discarded power generators.

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Conflict between US, Israel, and Iran intensifies, leading to rising transportation costs and discarded power generators.
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Lagos is experiencing widespread economic disruption due to the recent surge in fuel prices, with far-reaching implications for all sectors.

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The cost of petrol has skyrocketed, with marketers now charging between N1,150 and N1,250 per litre, leading to a corresponding 30 per cent hike in transport fares.

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In areas such as Ajegunle, Orile, Amukoko, and Festac, the price of petrol has been pegged at N1,225 per litre, while diesel costs N1,620 per litre, prompting many commuters to opt for walking instead.

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Ben Ofufu, an Okada operator, expressed his concerns, stating that the sudden price increase has created significant challenges for him and his customers, who were already struggling financially.

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A private car owner, Mr Sulaimon Jubril, revealed that the fuel price hike has forced him to stop using his vehicle, opting instead to fuel his generator due to the ongoing electricity crisis.

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Mr Jubril appealed to the Federal Government to urgently address the power sector crisis, which is severely impacting the livelihoods and businesses of many Nigerians who rely heavily on electricity.

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