Business

Fuel price hike: ‘Even the rich are crying’ – Singer, Yhemolee laments

Popular actor and singer, Idowu Adeyemi, aka Yhemolee, has bemoaned the recent hike in fuel price and worsening economic hardship in the country.

DAILY POST recalls that pump price of fuel on Tuesday skyrocketed to N612 per litre.

Reacting in a video message shared via his Instagram page on Friday, Yhemolee said even the rich were affected by the current economic crisis.

He noted that foreign currencies such as the British Pounds and the United States Dollars have gained massively against the Nigerian Naira in the exchange market recently.

He said many Nigerians could no longer go to their places of works and businesses because of the hike in pump price of fuel.

Yhemolee said, “This administration brutal o. Even the rich are crying.

“Yesterday, I spent 15 minutes from Oniru, VI [Victoria Island] to Lekki Camp, that’s almost to Epe. 15 minutes, road clear on a working day. People didn’t go out? You didn’t see petrol?

“One Pounds is now N1100, one dollar is N850. It cost me N52,000 to fill my range rover and N32,000 for my Chevrolet. That is N80,000 plus for petrol of car. And I will fill both two times in a week. N160,000 in a week for petrol times four that is N640,000 in a month.”

Disclaimer: No copyright infringement intended. All rights and credits reserved to respective owner(s).

Add Comment

Click here to post a comment

Categories