Summary: Nollywood actor Wale Okunnu expresses frustration as petrol prices jump from N1,240 to N1,350 overnight, questioning marketers’ role in Nigeria’s fuel crisis despite the country’s crude oil reserves.
Popular Nollywood actor Wale Okunnu has taken aim at petroleum marketers following yet another sharp increase in petrol prices across the country, with fuel now selling for as high as N1,350 per litre at some filling stations.
In a passionate video that has been making rounds on social media, the concerned actor questioned the continuous spike in fuel prices in Nigeria, especially when compared to other oil-producing nations around the world.
Overnight Price Jump Sparks Outrage
According to Okunnu, petrol was selling for N1,240 per litre on Saturday, but by Sunday, March 22nd, the price had jumped to N1,340 per litre—an increase of N100 in less than 24 hours. Some reports now indicate prices have climbed even higher to N1,350 per litre in certain locations.
“Please, is it the government that increased the pump price within hours or we the people?” the actor asked rhetorically, shifting the blame away from government policies to the actions of petroleum marketers themselves.
“Why Is Our Petrol So Expensive?”
Okunnu didn’t hold back his frustration, pointing out the irony of Nigeria’s situation as an oil-producing nation.
“What the marketers are doing with regards to petrol pump price is not small,” he stated. “We know there is war in Israel and Iran, but don’t we have our own crude oil? Why is it that our own petrol is so expensive? Other countries that have petrol, why is theirs not as expensive as ours?”
His questions echo the sentiments of millions of frustrated Nigerians who continue to wonder why a country blessed with abundant crude oil reserves struggles with astronomical fuel prices and persistent scarcity.
“We Are Punishing Ourselves”
In what has become the most quoted line from his video, Okunnu concluded with a sobering observation: “We are the ones punishing ourselves.”
This statement has resonated deeply with Nigerians on social media, sparking conversations about the role of middlemen, marketers, and profiteering in the country’s ongoing fuel crisis.
The Bigger Picture
While international factors such as geopolitical tensions in the Middle East do affect global oil prices, many Nigerians share Okunnu’s confusion about why these effects seem disproportionately severe in Nigeria compared to other oil-producing nations.
The country’s refining challenges, subsidy removal, foreign exchange pressures, and the activities of petroleum marketers have all been cited as contributing factors to the current situation.
As the cost of living continues to skyrocket and transportation fares soar, more Nigerians are speaking out about the need for transparency and accountability in the petroleum sector.
Watch Wale Okunnu’s full video below:
[Video embedded from Instagram – @lindaikejiblogofficial]
What do you think about Wale Okunnu’s comments? Do you agree that marketers are to blame, or is the issue more complex? Share your thoughts in the comments section.
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