Nigerians are facing compounded economic hardship as fuel prices surged above N1,350 per litre and cooking gas prices exceeded N1,300 per kilogramme, with some areas selling at N1,500. The price hikes, triggered by Middle East tensions and crude oil prices above $100 per barrel, have increased transportation and household expenses. Businesses are also grappling with higher operating costs, exacerbating the financial strain on citizens.
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