Nigeria cannot remain poor in systems while rich in resources

    Oluwafemi Mayowa Olusola | YSOT | Apr 16, 2026    
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Economic life in many Nigerian cities currently follows a troubling pattern that most citizens are gradually getting used to. A bus driver spends more on fuel in a day than he earns in fares. A small business owner runs a generator for hours just to stay open, watching profits disappear into energy costs. Workers earning N30,000 to N70,000 monthly now face petrol prices of between N1,200 and N1,400 per litre. What should be a functioning economy instead operates as a daily struggle to absorb rising costs with stagnant income.

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