I may go bankrupt over high cost of diesel – Obasanjo 


Former President, Chief Olusegun Obasanjo, said the high cost of diesel has far reaching implications on farmers such as him, adding that already he is breaking sweat, while bankruptcy is hovering over his head like many. 

Obasanjo was quoted to have said this in Abeokuta, the Ogun State capital at the congress of Southwest Fish Farmers, in a statement attributed to him, in which he expressed concern over the trouble facing fish farmers brought about by high cost of diesel. 

The statement reads in part: “The price of diesel has gone high because the management of this country is not what it used to be. And it is as simple as that. Then, what will happen is that particularly those of us who have to use a bit of diesel in producing fish, we will completely go bankrupt, and when that happens, Nigerians will still have to eat fish.  

“Fish production will be out of reach and then, people will be producing fish outside Nigeria and be dumping it here. And you will go jobless, poor and indigent. So, what do we have to do? To come together…we want to sustain fish production and we must be able to take care of those who are going to eat and those of us who are producing.  

“How many of you are using diesel in your production? Because I use diesel and I’m already sweating. I’m already sweating.” 

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