CLEAN : Queues and frustration as Nigeria hikes petrol price

CLEAN : Queues and frustration as Nigeria hikes petrol price

Assessment

Interactive Video

Business, Social Studies

9th - 10th Grade

Hard

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Quizizz Content

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The transcript discusses the negative impact of rising fuel costs on businesses, highlighting the increase in prices and the resulting loss of customers. It criticizes the timing of these changes, given the already struggling economy. The speaker expresses disappointment with the current presidency, expecting more time to adjust to these economic shifts. The transcript also covers recent government actions, including deregulation and subsidy withdrawal, and how these are linked to black market exchange rates.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How has the increase in fuel prices affected the speaker's business?

It has improved the economy.

It has led to a loss of customers.

It has decreased transportation costs.

It has increased the number of customers.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's opinion on the timing of the fuel price increase?

The timing is perfect.

The timing is not ideal.

The timing is irrelevant.

The timing is beneficial.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the speaker believe about the government's handling of the economy?

The government is maintaining stability.

The government is reducing economic challenges.

The government is causing additional pain.

The government is improving the economy.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is unique about the government's approach to deregulation and subsidy withdrawal?

It is determined by black market exchange rates.

It is unchanged from previous policies.

It is influenced by international policies.

It is based on local market rates.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the speaker describe the government's recent actions?

As an outdated method.

As a unique initiative.

As a traditional approach.

As a common practice.