The President, Major General Muhammadu Buhari (retd.), says it makes no sense for Nigeria to sell petroleum products at prices lower than those sold in neighbouring countries.

He made this known on Thursday morning while delivering a speech on the occasion of Nigeria’s 60th Independence Anniversary at Aso Villa, Abuja.

Buhari said, “Petroleum prices in Nigeria are to be adjusted. We sell now at N161 per litre. A comparison with our neighbours will illustrate the point.


“Chad, which is an oil-producing country, charges N362 per litre. Niger, also an oil-producing country, sells oil at N346 per litre. Ghana, another oil-producing country, petroleum pump price is N326 per litre. Further afield, Egypt charges N211 per litre. Saudi Arabia charges N168 per litre.

“It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia.”

haryorbarmie83:
He make sense to you? Nigeria no be Saudi ooo

ogododo:


Saudi de give their people palliatives and good conditions of living, good roads, hospitals and so on; wetin we get for here.
These bolos dem de try our patience!

haryorbarmie83:
what they're looking for is another means to steal Nigeria money. Bunch of theives

Rugaria:
The disposable income of an average Saudi middle class citizen is as high as a typical riich person in Nigeria. Increase the disposable income here, put more money in the pockets of ordinary Nigerians then try asking them to pay the same amount for similar services elsewhere. First thing, first..

SLAP44:
It also makes no sense for Nigerians to be living in squalor as compared to Saudi Arabia.

It makes no sense for Nigerians to be harassed daily by security agencies while Saudi people live like kings.

This government is quick to increase the suffering of their people while reducing freedom and benefits of being Nigerians.

Umunede:
It makes no sense for all those countries to have 24hrs power while Nigeria has darkness. Those countries, individuals and companies don't spend on fuel to power their homes and industries.