Ameboperoo:
I will also love to see the comparism for the countries minimum wage, prices of commodities like rice, cement etc

MInimum wage is exactly the same in many west african countries, like Nigeria.

NkanuSon:
Failures always looking for how to console themselves with other failures to know who is the bigger failure

Why not compair Nigeria with Saudi Arabia,Qatar, Russia,Dubai and other oil producing nations

😂 😂 😂 😂 😂
You go know say water don pass garri when a so called giant begin compare himself with a dwarf.

Nigeria petrol is the most costly. It's just because of inflation. At when it was 198 it was the most expensive in west Africa. What we were facing it was just inflation.

NkanuSon:
Failures always looking for how to console themselves with other failures to know who is the bigger failure

Why not compair Nigeria with Saudi Arabia,Qatar, Russia,Dubai and other oil producing nations

Hoo boy, here we go again

Qatar: OIl production is 1.8 million barrels per day, population is 1.2 million
Saudi: OIl production is over 10 million barrels per day, population is 40 million.
UAE (Dubai is part of it): Oil production is 2.8 million barrels per day, population is 14 million (may be as low as 12 million, mostly expats).
NIgeria: oil production right now is 1.5 million barrels per day...population is 220 million.
DO the math, and then see the issue.

Note that I did not mention Russia...because Russia is an industrial superpower that produces cars, airplanes, heavy weaponry, tanks, components for industries, the best trucks in the world, and a variety of other things. It's not like the others...and yes, they do the tax thing.

Oga, those countries have the money to make fuel cheaper because they have the better per capita income.

For NIgeria to be like them, we have to have a VASTLY DIVERSIFED ECONOMY, and a better tax to gdp,....then we can talk about direct subsides for petrol.

EcoBrick:



https://businessday.ng/energy/article/nigeria-regains-cheapest-petrol-title-in-west-africa/

media governance but they will never mention that for the past few yrs no citizen in Libya pays electricity bills ..also they should name the countries in Africa is blessed with our resources yet the lives of Nigerians are better ..there’s no ne!!

fineboynl:
Nigeria petrol is the most costly. It's just because of inflation. At when it was 198 it was the most expensive in west Africa. What we were facing it was just inflation.

No, it has always been cheap. All other african nations have paid higher for fuel compared to us. Except Algeria, Angola and Libya.

Mynd44:
Unemployment is about to reduce in Badagry again.

Goes without saying.

Whoever is the author of this piece of shit should be silenced. How can you own oil, produce petroleum products (refined) and still expect to be selling highest in West Africa. I think some people's knowledge is a complete waste , they just learnt English language to set confusion everywhere they go and whenever the opportunity presents itself to type online

EcoBrick:



https://businessday.ng/energy/article/nigeria-regains-cheapest-petrol-title-in-west-africa/

This is a wrong calculation
The exchange rate is not the same across board
You can't be using our exchange rate to calculate their price because they don't spend naira in Liberia

Nigeria
A dollar to naira = 1606.03
Price of petrol in dollar = 0.39
Price of petrol in naira = 626.5

Liberia
A dollar to Liberia dollar = 190.6
Price of petrol in dollar = 1.01
Price of petrol in Liberia dollar = 192.5


So stop misleading the public with wrong statistics
Why didn't you use the exchange rate of liberia dollar to calculate and let's see who pay more

Mynd44:
Unemployment is about to reduce in Badagry again.

Reduce or increase

This is because naira is losing value.

Your very stupid.

nairalanda1:


No, it has always been cheap. All other african nations have paid higher for fuel compared to us. Except Algeria, Angola and Libya.

Pure lie
Wrong statistics
The author of this shit either doesn't understand mathematics or he simply trying to mislead the public

We shall get there. Nigeria was not destroyed in one day, so, no quick fix anywhere.

Rome was not built in a day.

If you contribute to the destruction, or benefiting from the destruction in one way or the other, please, change your ways.

Nigerians are the problem of Nigeria.

OredoPikin:

This is a wrong calculation
The exchange rate is not the same across board
You can't be using our exchange rate to calculate their price because they don't spent naira in Liberia

Nigeria
A dollar to naira = 1606.03
Price of petrol in dollar = 0.39
Price of petrol in naira = 626.5

Liberia
A dollar to Liberia dollar = 190.6
Price of petrol in dollar = 1.01
Price of petrol in Liberia dollar = 192.5


So stop misleading the public with wrong statistics
Why didn't you use the exchange rate of liberia dollar to calculate and let's see who pay more

LOL...self consolation

From your own figures

1.Price of petrol in dollar in Nigeria: 0.39
2.Price of petrol in dollar in Liberia: 1.01

Now, let's assume that Liberians and NIgerians use naira

1.Price of petrol in NIgeria: 626.5 naira
2.Price of petrol in LIberia: 1,610 naira.

Or let's assume that LIberians and Nigerians use Liberian dollar (by the way, the LIberian dollar is a useless currency, Liberians use the US dollar..).

1. Price of petrol in NIgeria: 80 Liberian dollars approx.
2.Price of petrol in LIberia :187 LIberian dollars approx.

You were saying?

OredoPikin:

Pure lie
Wrong statistics
The author of this shit either doesn't understand mathematics or he simply trying to mislead the public

It has always been cheap, old boy. SO cheap, that smuggling of cheap Nigerian fuel has been a thing for over 20 years.

I wish I was lying. I don't like this government. But here we are.

🛢️🛢️🛢️🛢️🛢️⛽️⛽️⛽️⛽️⛽️🛢️🛢️🛢️🛢️🛢️

Subsidy which was actually fully removed,
has again reared up its ugly head due
to the falling value of the yeye naira.


Just as the price of everything has gone
up, Petroleum products shouldn't be
different so long as we continue importing.

🛢️🛢️🛢️🛢️
Dangote that Buhari and indeed, Nigeria
all put their hope on, is even singing a
different tune and is more interested in
importing crude oil and exporting his
finished product to where he'll get more
dollars💲💲💲

🛢️🛢️🛢️🛢️
The Dangote matter is like helping to
train a girl in university, with intention
to marry her after graduation, only for
her to change mind and gets another man
for marriage.

🛢️🛢️🛢️🛢️
Buhari and Mele Kyari, secretly gave
Dangote billions of Nigeria dollars to
ensure that he, a northern Muslim takes
over the oil sector and keep the owners
of the oil as slaves to Dangote..

nairalanda1:


LOL...self consolation

From your own figures

1.Price of petrol in dollar in Nigeria: 0.39
2.Price of petrol in dollar in Liberia: 1.01

Now, let's assume that Liberians and NIgerians use naira

1.Price of petrol in NIgeria: 626.5 naira
2.Price of petrol in LIberia: 1,610 naira.

Or let's assume that LIberians and Nigerians use Liberian dollar (by the way, the LIberian dollar is a useless currency, Liberians use the US dollar..).

1. Price of petrol in NIgeria: 80 Liberian dollars approx.
2.Price of petrol in LIberia :187 LIberian dollars approx.

You were saying?

Liberia doesn't use naira neither does Nigeria uses Liberia dollar
It is very wrong to calculate with that statistics

The op of this write up is very stupid Yorubas are coward occupy Nigeria in 2012 were is Adeboye who joined protest against Jonathan because he wanted his member to become a vice president today the worst is happening Adeboye is telling Nigerians that Nigeria problem is spiritual.

OredoPikin:

Liberia doesn't use naira neither does Nigeria uses Liberia dollar
It is very wrong to calculate with that statistics

Yes, and I have shown you that Liberians pay more for petrol per liter than NIgerians

Better accept the truth there. 632 naira is less in value compared to 192 liberian dollars. It is not more in value because it is a higher number, as you seem to think.

Useless people
Useless propaganda
Take it back to what it was.
The other countries not complaining about price of fuel already have constant electricity.

seguno2:


Should we include the availability of electricity, free healthcare and education as well as pipe borne water

Many of those west african countries pay more for electricity than we do, because they pay cost reflective tarrifs for power, something our government denies our discos from charging.

Healthcare and education is realitvely free in many government schools here (which is why they are a mess, but that is another discussion). Same as many other african countries. (If one is on NHIS/PHIS, you even get cheap care relatively).

Benoxvals:
They can never liken their success to other great nations...They always compare their failures…it’s the boldness and shamelessness for me.

SO, are you ready to make the sacrifices great nations need to make great.

Like ...everyone pays taxes, we also pay cost reflective tarrifs for our power that we use, and no one owes NEPA Like tinubu and co, we really fight corruption, which means investigating Obasanjo, GEJ, Buhari, tinubu and any past army ruler, we deregulate the petrol sector, we incetivise manufacturing, we stop over importing, etc etc.

NO, I guess we are not ready.

Cheapest Petrol Title With mass hunger and starvation in the land Is Liberia 🇱🇷 a major producer of crude oil like Nigeria, Algeria 🇩🇿 and Libya 🇱🇾 But during GEJ's time, Petrol ⛽ was very expensive to ojota dancers

This sounds like agbado economics consolation.

Truely empty cans make the loudest noise

Mynd44:
Unemployment is about to reduce in Badagry again.

it has started tey try.the border state I am to Niger republic, they have started smuggling it out in huge quantity again

NkanuSon:
Failures always looking for how to console themselves with other failures to know who is the bigger failure

Why not compair Nigeria with Saudi Arabia,Qatar, Russia,Dubai and other oil producing nations

This is the best comment so far

Subsidy is gone. Absolute majorityofNigerians have chosen to suffer today to enjoy tomorrow. Cry o, wail o, Subsidy is not coming back~ Parachoko aka Paraman

Who remembers that clown then

EcoBrick:



https://businessday.ng/energy/article/nigeria-regains-cheapest-petrol-title-in-west-africa/

See another format...

So if Subsidy was removed what will Now Happen,.. then the Poor will Stop breathing

Is even pathetic to come out and post something like this , knowing fully you can't compare Nigeria with any West African country in term of petroleum.
I tire for this Kontri seriously

What a title.

nairalanda1:


SO, are you ready to make the sacrifices great nations need to make great.

Like ...everyone pays taxes, we also pay cost reflective tarrifs for our power that we use, and no one owes NEPA Like tinubu and co, we really fight corruption, which means investigating Obasanjo, GEJ, Buhari, tinubu and any past army ruler, we deregulate the petrol sector, we incetivise manufacturing, we stop over importing, etc etc.

NO, I guess we are not ready.

So are you saying we are not Tax at every purchase or transaction processed..

Don't say what you do not know...

We are Tax in Nigeria with everything...

From Bank Transfer Down to Name it ..

Just that FIRS and CBN as alot to explain to Nigerians.