Connect with us

Entertainment

Peter Okoye Express Concern Over Economy, Spends N3 Million On Diesel Monthly

He highlighted the significant impact of rising costs on everyday life…

Published

on

Peter Okoyevn
Peter Okoye

Peter Okoye, one-half of the iconic music duo P-Square, has taken to social media to express his concerns about the current state of Nigeria’s economy.

VerseNews reports that in an Instagram story, he highlighted the significant impact of rising costs on everyday life, particularly in the context of soaring diesel prices.

RECOMMENDED FOR YOU  MohBad's Death, A Harvest Of Evil Association - Pastor Tunde Bakare

Okoye revealed that his monthly expenditure on diesel now stands at a staggering 3 million Naira.

Advertisement

This figure, he pointed out, is nearly 20 times the amount he spent on purchasing his first car many years ago, which cost him 120,000 Naira.

RECOMMENDED FOR YOU  Nollywood 'Martial Arts' Actor Natty Bruce Dies At 57

The stark contrast between these two expenses serves as a stark reminder of the economic challenges faced by many Nigerians.

This disclosure reveals the severity of Nigeria’s economic issues, with increasing costs affecting not only individuals but also businesses and industries. Okoye’s message resonated with many who have also felt the impact of economic fluctuations.

Advertisement

Stay ahead with VerseNews. Get the latest breaking news, insightful analysis, and trending stories. Your go-to source for timely updates and unbiased reporting.

Advertisement
Click to comment

You must be logged in to post a comment Login

Leave a Reply

WATCH: Nigeria Newspaper Headline Today

Apply For Latest Job Openings

Trending

INEC 2 INEC 2
Politics4 hours ago

FULL LIST: INEC Releases 2027 Presidential Candidates, Running Mates

INEC has released the full list of 19 presidential candidates and their running mates for the 2027 general election.

nysc dg in kogi nysc dg in kogi
Business4 hours ago

No NERD Clearance, No NYSC — Corps Members Face New Mobilisation Rule

The NYSC has made NERD clearance mandatory for all prospective corps members, warning that anyone without the required verification will...

wale oke 1785769087 wale oke 1785769087
News4 hours ago

‘Turn Every Stadium Into Prison, We’ll Still Preach in Buses’ — PFN President Defies ₦50,000 FRSC Fine Bill

PFN President Bishop Wale Oke has vowed that Christians will continue preaching in commercial buses despite the proposed ₦50,000 FRSC...

tax laws tax laws
Business4 hours ago

BREAKING: Nigerian Government Introduces New Tax Rules for Cryptocurrency, Digital Assets

The Nigeria Revenue Service has unveiled new tax guidelines for cryptocurrency and other virtual assets, introducing rules on registration.

gettyimages 1231197112 612x612 1 gettyimages 1231197112 612x612 1
News4 hours ago

Nigeria’s Biggest Problem Isn’t Money, It’s Poor Maintenance — Okonjo-Iweala

WTO Director-General Ngozi Okonjo-Iweala says Nigeria's poor maintenance culture is undermining infrastructure investments and slowing economic growth.

Bishop Oyedepo Issues Prophetic Warning to Yahoo Boys, Foresees Destructive Ends Bishop Oyedepo Issues Prophetic Warning to Yahoo Boys, Foresees Destructive Ends
News5 hours ago

‘You Are Chasing Bus Preachers While Killers Roam Free’ — Bishop Oyedepo Knocks FG

Bishop David Oyedepo has condemned the proposed ₦50,000 fine for preaching in commercial buses, saying the government should focus on...

hq720 9 hq720 9
News6 hours ago

WARNING: Fish Sellers Now Using Chemical Dye to Make Rotten Fish Look Fresh

Fresh fish sellers are allegedly using red industrial dye to make rotten fish appear fresh, raising serious health concerns.

GridArt 20260803 093413520 1 1920x960 1 GridArt 20260803 093413520 1 1920x960 1
Entertainment7 hours ago

‘Does Your Husband Have a Life?’ — Veekee James Fires Back at Troll Over Constant Public Appearances With Husband

Veekee James has replied to a troll who mocked her husband for always accompanying her to public events, insisting they...

electricity electricity
News12 hours ago

₦10 Trillion Spent in 13 Years, Yet Nigerians Still Live With Unstable Power Supply

Despite investing an estimated ₦10 trillion in Nigeria's electricity sector over the past 13 years, the country continues to generate...

Atiku Abubakar 1783943463 1 Atiku Abubakar 1783943463 1
Politics1 day ago

‘Tinubu’s Administration of Lying to Nigerians With Statistics’ — Atiku Slams Tinubu

Former Vice President Atiku Abubakar has accused the Tinubu administration of using “creative accounting” to mask Nigeria’s economic challenge...

Advertisement