'We use over 80 percent of our income on transportation' - Nigerians groan fuel price hike

Many Nigerians are lamenting the rising fuel prices, which have significantly increased transportation and living costs. In Abuja, petrol now sells for between N1,300 and N1,450 per litre, while diesel approaches N2000 per litre. The hike, driven by global market pressures and currency fluctuations, has led to a 40% increase in fuel expenses, reducing income available for food and essentials.