Nollywood actor Wale Akorede, popularly known as Okunnu, has stirred reactions online after speaking about the rising cost of petrol and the worsening economic situation in Nigeria.
In a video shared on his Instagram page on Sunday, the veteran actor lamented the sharp increase in fuel prices, noting that petrol rose from ₦1,240 per litre on March 21, 2026, to ₦1,340 per litre the following day.
“Today is the 22nd of March, 2026. As of yesterday, which was the 21st, petrol was ₦1,240 per litre. Today, which is Sunday, petrol is now ₦1,340 per litre,” he said.
Okunnu questioned whether the government alone should be blamed for the sudden increase, asking, “Is it the government that increased it or we, Nigerians?”
He also expressed concern over the high cost of fuel despite Nigeria being an oil-producing nation.
“We have our own crude oil, so why is fuel expensive? Other countries have fuel too, but theirs isn’t expensive. We are the ones responsible for this hardship,” he said.
The actor further highlighted the effect of the situation on ordinary Nigerians, especially low-income earners and commercial motorcyclists.
“What of those who cannot afford basic needs? Bikemen? What will be their current situation because things will become expensive now, plus their low income?” he added.
His comments have since sparked reactions on social media, with many Nigerians echoing concerns over the rising cost of living and the hardship faced by citizens daily.
There are growing indications that airfares may rise in the coming weeks following a sharp increase in the cost of aviation fuel, commonly known as Jet A1, a development already putting pressure on airline operations and pointing to higher ticket prices for passengers. The surge in Jet A1 prices is largely linked to the crisis in the Middle East, which has disrupted crude oil production and movement across countries, worsening […]
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