Connect with us

Gist

I’m Struggling — Nigerian CEO Cries Out, Says Outrageous Cost Of Everything Is Affecting Business Owners

Published

on

at

11:37 AM

A Nigerian business owner, Banke Meshida Lawal has taken to social media to cry out about the impact of fuel subsidy on businesses in the country.

Naija News reports that subsidy removal in Nigeria has affected social and economic life of both the average Nigerian, and business owners.

Speaking about the current situation in the country and how much she has been struggling since the subsidy removal, Banke stated that the astronomical cost of everything is negatively affecting businesses including that of hers.

She wrote on her Instagram saying, “Everything has increased, Transport from Yaba that used to be N500 as of this is N1800. Filling our tank with petrol has gone from N12,000 to N37,000.

“As Employers, what are supposed to do immediately? Because for once in my face, i am struggling. Diesel prices have threatened to increase. Nepa has threatened to increase.

“When it comes, units are swiped in days. The clear thing is to do is to increase salaries right? Where does the excess come from? Do we increase prices? Do we shut down, everybody should stay in their homes?”

Related Topics:

Chukwuani Victoria is an entertainment and lifestyle journalist who's passionate about storytelling with years of experience in the industry. She holds a BSC in Biology and also obtained a postgraduate diploma in broadcast journalism at the Nigerian Institute of Journalism, Ogba, Lagos. She likes to read, research, hang out with her friends and play scrabbles.

Advertisement