Connect with us

Entertainment

“I use diesel and I’m already sweating” — Former President Obasanjo Laments The High Cost Of Living In Nigeria

blank

Published

on

blank
The rise in diesel prices is having an impact on former President Olusegun Obasanjo and his agricultural business.

This comes as Obasanjo lamented the high cost of diesel, feeds, and the exchange rate crisis, which are affecting Nigerian fish production. Obasanjo expressed concern about the high cost of diesel, claiming that it has hampered his fish production.

Speaking at the Southwest Fish Farmers’ Congress on Tuesday at the Olusegun Obasanjo Presidential Library (OOPL), Balogun Owu expressed concern that rising diesel prices, as well as constant increases in fish feed prices, would drive fish farmers out of business.

Obasanjo

“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.

READ MORE: Popular Pastor Gifts Homeless Veteran Nollywood Actor Kenneth Aguba Free Accommodation

Ada Ameh: Nigerian celebrities react to death of Nollywood actress

Fish production will be out of reach and then, people will be producing fish outside Nigeria and be dumping it here. And you will go jobless, poor and indigent. So, what do we have to do? To come together. We want to sustain fish production and we must be able to take care of those who are going to eat and those of us who are producing.” Facing the farmers, he asked, “How many of you are using diesel in your production? I use diesel and I’m already sweating. I’m already sweating.”

blank

Obasanjo stated that the only way to avoid this is for them to work together to agree on sustainable prices that can be implemented to keep them in business. With the current price of diesel at N800 per litre, he maintains that the production of a kilogram of fish is N1,400; he claims that farmers cannot sell such fish for less than N1,500 because anything less amounts to “outright loss.”

Share this 🙂
Advertisement

“This boy go show me pass wetin I show my papa” - Tobi Bakre disciplines his son “This boy go show me pass wetin I show my papa” - Tobi Bakre disciplines his son
Entertainment2 weeks ago

“This boy go show me pass wetin I show my papa” – Tobi Bakre Says As He Disciplines His Son (Video)

Tobi Bakre, renowned Nollywood actor and BBNaija star, recently took to social media to express his concerns about his toddler...

Reactions As BBNaija’s Doyin David Says She Doesn’t Know Who Wole Soyinka Is (Video) Reactions As BBNaija’s Doyin David Says She Doesn’t Know Who Wole Soyinka Is (Video)
Entertainment2 weeks ago

Reactions As BBNaija’s Doyin David Says She Doesn’t Know Who Wole Soyinka Is (Video)

In a recent interview on The Morning Brief, Doyin David, a Big Brother Naija star, found herself at the center...

"Don't Go To Big Brother Naija If You Are Not Mentally St@ble" - BBNaija's Doyin "Don't Go To Big Brother Naija If You Are Not Mentally St@ble" - BBNaija's Doyin
Entertainment2 weeks ago

“Don’t Go To Big Brother Naija If You Are Not Mentally St@ble” – BBNaija’s Doyin (Video)

In a recent appearance on the Morning Brief Show, BBNaija star Doyin David shed light on the mental health struggles...

Ilebaye's mum Ilebaye's mum
Entertainment2 weeks ago

“I’m Ilebaye’s Mum, Of Course My DM Is Filled With Account Numbers” – Ilebaye’s mum, Mrs. Odiniya Joins The ‘Of Course’ Challenge (Video)

Mrs. Odinaya, the mother of Big Brother Naija ‘All Stars‘ winner Ilebaye Odiniya, recently shared a humorous revelation about her...

“8 years of hanging with my best friend” BBNaija’s Ebuka pens sweet note to wife on their 8th wedding anniversary “8 years of hanging with my best friend” BBNaija’s Ebuka pens sweet note to wife on their 8th wedding anniversary
Entertainment3 weeks ago

“8 years of hanging with my best friend” – BBNaija’s Ebuka Obi Uchendu Pens Sweet Note To Wife On Their 8th Wedding Anniversary

Nigerian media personality Ebuka Obi-Uchendu, affectionately known as Ebuka, and his wife Cynthia Obianodo are commemorating their 8th wedding anniversary...

"Please do not fart around me, have some respect" - BBNaija's Tolanibaj Says As She Sends Her Future Partner A Message "Please do not fart around me, have some respect" - BBNaija's Tolanibaj Says As She Sends Her Future Partner A Message
Entertainment3 weeks ago

“Please do not fart around me, have some respect” – BBNaija’s Tolanibaj Says As She Sends Her Future Partner A Message

Big Brother Naija star Tolani Baj has stirred up a debate by revealing one of the things she doesn’t tolerate...

"You’re always by my side. God bless the day you were born” - BBNaija’s Dorathy Bachor Says As She Celebrates Lilo Aderogba On Her Birthday "You’re always by my side. God bless the day you were born” - BBNaija’s Dorathy Bachor Says As She Celebrates Lilo Aderogba On Her Birthday
Entertainment3 weeks ago

“You’re always by my side, God bless the day you were born” – BBNaija’s Dorathy Bachor Says As She Celebrates Lilo Aderogba On Her Birthday

Big Brother Naija star Dorathy Bachor has taken to Instagram to shower her best friend and fellow reality TV star...

Now Trending

error: Content is protected !!