How Gas Price Hikes Forced a Young Entrepreneur to Japa
Joseph launched two mini LPG plants in Ife with his savings. He kept retail prices low even as wholesale costs jumped from ₦300,000 to over ₦1.4 million per ton. His working capital grew fivefold, but profits never did. Eventually, he sold everything and left the country. His story resonates with many young Nigerians struggling under soaring input costs. Most businesses fold or sell at a loss when prices spike this fast. I want more people to share how this broken system has shattered dreams. Our leaders must wake up and do more than just distribute rice. Sustaining businesses should be a priority.
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