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63 in 100 Nigerians never expected hike in prices of petrol

Nearly 63 in 100 Nigerians never expected another increase in petrol price until a hike shocked them this week: N159 a litre.

This is according to respondents in a poll by Daily Trust on Twitter.

The new price is an increase from a previous N149, and the third increase in three months.

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It comes at the heart of Nigeria grappling with coronavirus pandemic which has crippled parts of the economy, decimated incomes and hampered businesses.

The economy has gone through its biggest shrinkage in 10 years, according to NBS.

With it yet to recover, price hikes for fuel, power, water, utility and other basic amenities are hitting Nigerians at a bad time.

But one in five Nigerians expected the increase, the poll showed.

Another 17% of Nigerians just “don’t care”, they said.

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Update: In 2025, Nigerians have been approved to earn US Dollars as salary while living in Nigeria.


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