Former President Obasanjo Laments the High Cost of Living in Nigeria

Former President Obasanjo Laments the High Cost of Living in Nigeria

The hike in the price of diesel is taking its toll on former President Olusegun Obasanjo and his agric business.

This is as Obasanjo lamented the high cost of diesel, feeds and exchange rate crisis as they affect fish production in Nigeria. Obasanjo said he has been sweating because of the high cost of diesel, saying this has been affecting his fish production.

“The price of diesel has gone high because the management of this country is not what it should be. And it is as simple as that. Then, what will happen is that particularly those of us who have to use a bit of diesel in producing fish, we will completely go bankrupt, and when that happens, Nigerians will still have to eat fish.

Fish production will be out of reach and then, people will be producing fish outside Nigeria & be dumping it here. And you will go jobless, poor and indigent. I use diesel and I’m already sweating.

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