Post by Adébọ̀wálé Adétọ́lá (@meetadebowale)

Why Nigeria is hit harder than war zones
1.Structural weakness
Nigeria imports refined fuel despite being an oil producer
2. Policy shock
Subsidy removal + global crisis = double impact
3. Currency pressure
Naira depreciation amplifies global oil price increases
Meanwhile in war countries:
🇷🇺 Russia controls prices
🇺🇸 USA domestic production buffers shock
🇬🇧 / EU absorb via taxes and policy
Gulf states benefit from high oil prices
Nigeria
+35% to +48.7% increase
1 of 2 Highest globally

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