Okpebholonomic: Why ₦3,000 UK Petrol Does Not Mean Nigerians Are Enjoying ₦1,400 Fuel

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There is a new economic theory Nigerians may soon have to learn: “Okpebholonomics”; the curious idea that because something costs more in a richer country after currency conversion, those paying less for it in naira must automatically be “enjoying.” Sounds laughable, Isn’t it? Edo State Governor Monday Okpebholo appeared to offer precisely this kind of […]

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