“I spend 3 million naira on diesel every month” – Peter Okoye laments over the state of the economy

Peter Okoye, one-half of the iconic music duo P-Square, has taken to social media to express his concerns about the current state of Nigeria’s economy.

In an Instagram story, he highlighted the significant impact of rising costs on everyday life, particularly in the context of soaring diesel prices.

Okoye revealed that his monthly expenditure on diesel now stands at a staggering 3 million Naira.

This figure, he pointed out, is nearly 20 times the amount he spent on purchasing his first car many years ago, which cost him 120,000 Naira. The stark contrast between these two expenses serves as a stark reminder of the economic challenges faced by many Nigerians.

This disclosure reveals the severity of Nigeria’s economic issues, with increasing costs affecting not only individuals but also businesses and industries. Okoye’s message resonated with many who have also felt the impact of economic fluctuations.

However, it’s worth noting that Peter Okoye has been a topic of discussion on social media for more than just his economic concerns. He found himself in some sort of controversy when he advocated for police involvement and justice in the case of Mohbad’s passing. Some netizens accused him, along with Iyabo Ojo and Tonto Dikeh, of pursuing the matter for clout rather than genuine concern, adding a layer of complexity to the discussions surrounding these issues.

Peter Okoye’s dissatisfaction with the Nigerian banking system also drew attention recently. He openly criticized Nigerian banks, citing an incident where he felt that banks had attempted to defraud him. He expressed his disappointment in the banking sector and questioned the effectiveness of studying law in Nigeria if perpetrators can escape consequences for their actions.

Tontrends had also reported back in September that Peter Okoye marked his wife, Lola Omotayo’s birthday in September with a heartfelt Instagram post, emphasizing their commitment to giving their best to each other. The post was a sweet reminder of the love and partnership they share.

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