Goddex:

@Poster
Your report is bias and misleading.

The populations of Libya, Kuwait, Qatar and UAE put together
is not upto the population of Lagos alone.

Below is the population of those countries:

Qatar         (1.5m)

Kuwait       (2.5m)

Libya         (6m)

U.A.E         (8m)

Venezuela  (26m)

S/Arabia     (27m)

Iraq           (32m)

Algeria       (37m)

Nigeria      ( 168m )


Besides, all these countries except Algeria produce more oil than Nigeria.      

COMPAQ:

Country                             Population            Per Capita Income
Venezuela                         26mln                      $12,700
Kuwait                               3mln                       $48,900
S.Arabia                             27mln                     $24,200
Iran                                    76mln                     $10,600
Qatar                                 1.7mln                    $179,000
UAE                                    8mln                       $49,600
Algeria                                37mln                     $7,300      
Libya                                   6.4mln                    $14,000
Iraq                                    32mln                      $3,800
Nigeria                               162mln                     $2500

https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html

http://en.wikipedia.org/wiki/List_of_countries_by_population

I am sure we can all see the correlation between high population and low per capita, with the exception of Saudi because Saudi produces about 9mln barrels of oil. If these countries can "afford" subsidy, can Nigeria?? You will probably also find that Nigeria is lower than all these countries on the corruption rating, meaning that with our small money, we are likely to be stealing more!! For eg If corruption in Libya costs $1000 per capita, they are left with $13,000! If corruption per capita in Nigeria is $1200, we are left with $1,300!! And that is not necessarilily only govt corruption, but also private sector and individual corruption as well.

Also consider that with less corruption over the years, these countries have better infrastructure and are therefore better posed to grow their per capita income. We on the other hand have to find the money from somewhere (from our paltry $2,500) to get out infrastructure to the same level as these guys (not that they will sit still and wait for us) and we still expect to spend so much on subsidy??

It is not our fault yes! Our leader of the past have thrown us into a deep hole and unfortunately to come out of it, we all have to struggle to climb out. It's not Jonathans fault that corruption and incompetence over the last 30-40years have landed us where we are, but the man has to start from today to try and get us out!!

dasa:

Did this research take national population into account? so many other things have to be considered.

AjanleKoko:

Actually the population only makes the picture better for Nigerians. If a 160-million strong nation continues to produce and sell fuel for very cheap, it makes us stronger internally. We could produce cheaply for local consumption, and weaken the case for influx of foreign goods.

Country                             Population            Per Capita Income
Venezuela                         26mln                      $12,700
Kuwait                               3mln                       $48,900
S.Arabia                             27mln                     $24,200
Iran                                    76mln                     $10,600
Qatar                                 1.7mln                    $179,000
UAE                                    8mln                       $49,600
Algeria                                37mln                     $7,300      
Libya                                   6.4mln                    $14,000
Iraq                                    32mln                      $3,800
Nigeria                               162mln                     $2500

https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html

http://en.wikipedia.org/wiki/List_of_countries_by_population

I am sure we can all see the correlation between high population and low per capita, with the exception of Saudi because Saudi produces about 9mln barrels of oil. If these countries can "afford" subsidy, can Nigeria?? You will probably also find that Nigeria is lower than all these countries on the corruption rating, meaning that with our small money, we are likely to be stealing more!! For eg If corruption in Libya costs $1000 per capita, they are left with $13,000! If corruption per capita in Nigeria is $1200, we are left with $1,300!! And that is not necessarilily only govt corruption, but also private sector and individual corruption as well.

Also consider that with less corruption over the years, these countries have better infrastructure and are therefore better posed to grow their per capita income. We on the other hand have to find the money from somewhere (from our paltry $2,500) to get out infrastructure to the same level as these guys (not that they will sit still and wait for us) and we still expect to spend so much on subsidy??

It is not our fault yes! Our leader of the past have thrown us into a deep hole and unfortunately to come out of it, we all have to struggle to climb out. It's not Jonathans fault that corruption and incompetence over the last 30-40years have landed us where we are, but the man has to start from today to try and get us out!!

Misinformation! The minimum wages listed above are misleading, even though I agree that it is tough for the masses to cope with the current price of pms in Nigeria.

karpentar:



I think I have the same opinion with you. It's not sufficient matching up just minimum wages across countries. The comparison should also embrace costs of products and services. For instance, whilst I can barb my hair to any style at N150 in naija, elsewhere like in UK, it's not less than £5 (about 250x5=N1250). Also, a premium lager such as Asahi, costs about £4 (N1000) in London, whereas, popular brands in naija are between N200-N250. Again, spacious three bedroom flats boasting of two en suite bathrooms in UK go as high as £1000 (N250000) per week translating to N13million in a year. That's much much much higher than flat rents in naija. There are so many other examples, so, you really have to put things in context to make sense. If you do, you just might realize that a minimum wager in naija may perhaps be better off.

abbey621:

Oh! Nigerian people and their rundown statistics. You want to talk about statistics let's start with this, all the countries mentioned in your analysis have working refineries except for Nigeria. All the countries in your analysis have alternative forms of energy except for Nigeria. Most of the countries on your list have corrupt leaders, so we know corruption is not the major issue, the real issue is the state of refineries and the apparent coup by the marketers and rich businessmen in Nigeria to cripple the electricity supply in Nigeria thus making fuel the most demanded commodity in Nigeria. Our chronic dependency on oil has landed us in deep mess, imagine any little fiasco, pengassen and other fuel bigots threatens strike action, and who ends up hurting more, the masses. We want to continue enjoying 65/naira per liter without a working refinery, that's a big joke! Wake up people, the world is in a deep recession, Nigeria's population is humongous and our greed as a nation is out of this world. One thing baffles me though, why didn't anyone protest before the fuel subsidy was removed, none of you bothered to complain about the fact that we have to import refined oil just to meet our consumption demands, none of you bothered to protest the state of electricity in the country, but as soon as fuel subsidy was removed, you flock to the streets and yell "injustice". When would we stop reasoning based on emotions and start working together as a nation of intellects, perhaps that's the problem, Nigerians are so intelligent that they always fail to see the simple path, if fuel subsidy remains, the government would never build the refineries because wealthy men are enjoying most of the subsidies and Igbo businessmen loves to profit from the sales of generators, instead let's demand that the government remove the subsidy as long as it's done in order to build refineries, I know the government is corrupt but seriously upon reading the subsidy plan and knowing that GEJ is not a cold-hearted president, I'm sure it will be worth the sacrifice, don't tell me Nigerian masses can't afford 140 naira per liter fuel, we spend more going to cybercafe , recharging our phones or drinking beer with the guys.

abbey621:

Oh! Nigerian people and their rundown statistics. You want to talk about statistics let's start with this, all the countries mentioned in your analysis have working refineries except for Nigeria. All the countries in your analysis have alternative forms of energy except for Nigeria. Most of the countries on your list have corrupt leaders, so we know corruption is not the major issue, the real issue is the state of refineries and the apparent coup by the marketers and rich businessmen in Nigeria to cripple the electricity supply in Nigeria thus making fuel the most demanded commodity in Nigeria. Our chronic dependency on oil has landed us in deep mess, imagine any little fiasco, pengassen and other fuel bigots threatens strike action, and who ends up hurting more, the masses. We want to continue enjoying 65/naira per liter without a working refinery, that's a big joke! Wake up people, the world is in a deep recession, Nigeria's population is humongous and our greed as a nation is out of this world. One thing baffles me though, why didn't anyone protest before the fuel subsidy was removed, none of you bothered to complain about the fact that we have to import refined oil just to meet our consumption demands, none of you bothered to protest the state of electricity in the country, but as soon as fuel subsidy was removed, you flock to the streets and yell "injustice". When would we stop reasoning based on emotions and start working together as a nation of intellects, perhaps that's the problem, Nigerians are so intelligent that they always fail to see the simple path, if fuel subsidy remains, the government would never build the refineries because wealthy men are enjoying most of the subsidies and Igbo businessmen loves to profit from the sales of generators, instead let's demand that the government remove the subsidy as long as it's done in order to build refineries, I know the government is corrupt but seriously upon reading the subsidy plan and knowing that GEJ is not a cold-hearted president, I'm sure it will be worth the sacrifice, don't tell me Nigerian masses can't afford 140 naira per liter fuel, we spend more going to cybercafe , recharging our phones or drinking beer with the guys.

AjanleKoko:

Just stay in Lithonia, so gbo
Leave us with GEJ.

abbey621:

Oh! Nigerian people and their rundown statistics. You want to talk about statistics let's start with this, all the countries mentioned in your analysis have working refineries except for Nigeria. All the countries in your analysis have alternative forms of energy except for Nigeria. Most of the countries on your list have corrupt leaders, so we know corruption is not the major issue, the real issue is the state of refineries and the apparent coup by the marketers and rich businessmen in Nigeria to cripple the electricity supply in Nigeria thus making fuel the most demanded commodity in Nigeria. Our chronic dependency on oil has landed us in deep mess, imagine any little fiasco, pengassen and other fuel bigots threatens strike action, and who ends up hurting more, the masses. We want to continue enjoying 65/naira per liter without a working refinery, that's a big joke! Wake up people, the world is in a deep recession, Nigeria's population is humongous and our greed as a nation is out of this world. One thing baffles me though, why didn't anyone protest before the fuel subsidy was removed, none of you bothered to complain about the fact that we have to import refined oil just to meet our consumption demands, none of you bothered to protest the state of electricity in the country, but as soon as fuel subsidy was removed, you flock to the streets and yell "injustice". When would we stop reasoning based on emotions and start working together as a nation of intellects, perhaps that's the problem, Nigerians are so intelligent that they always fail to see the simple path, if fuel subsidy remains, the government would never build the refineries because wealthy men are enjoying most of the subsidies and Igbo businessmen loves to profit from the sales of generators, instead let's demand that the government remove the subsidy as long as it's done in order to build refineries, I know the government is corrupt but seriously[b] upon reading the subsidy plan [/b]and knowing that GEJ is not a cold-hearted president, I'm sure it will be worth the sacrifice, don't tell me Nigerian masses can't afford 140 naira per liter fuel, we spend more going to cybercafe , recharging our phones or drinking beer with the guys.

Nicklee:

There is no law in Nigeria that pegs the minimum wage at N18,000. At best, it is the Fed. Govt. and some states that are currently implementing it. There is no set minimum wage for the private sector and people certainly earn less than N18,000. So setting our min. wage at N18,000 is actually being nice to Nigeria.

Goddex:

@Poster
Your report is bias and misleading.

The populations of Libya, Kuwait, Qatar and UAE put together
is not upto the population of Lagos alone.

Below is the population of those countries:

Qatar         (1.5m)

Kuwait       (2.5m)

Libya         (6m)

U.A.E         (8m)

Venezuela  (26m)

S/Arabia     (27m)

Iraq           (32m)

Algeria       (37m)

Nigeria      ( 168m )


Besides, all these countries except Algeria produce more oil than Nigeria.      

oradee:

@ gogs

and what is the maximum wage for all their govt officials?

Ol boy, are these leaders even democratic? they own their countries oh!

Seriously, I am not supporting any debate here, (my stand on the subsidy debate is stated above) but my point is that when we try to put forward our points it should be based on the truth. Already the untrue statistics is making rounds in the social media and been used on placards during the protests. It taints us as a people. imagine Kuwaitis, Qataris, Algerians etc watching Nigerians on TV stating untrue things about them to advance their arguments!

Population have noting to do with it.

The USA is more populated yets its FP/L is 157- Minimum wage is 197.

abbey621:

Don't be naive! The U.S has other forms of energy and it has fully working refineries! You people need to wake up and smell the coffee,never compare the U.S to Nigeria, even Saudi Arabia and Qatar are better off because they have refineries that work and don't have to import refined oil. Nigerians are not getting it, we are not an oil rich nation because we can't refine our own oil, what's the purpose of raw cassava if you can't turn it into garri. Instead of a protest on getting the refineries back to working order, useless NLC and other unions are busy protesting fuel subsidy, if government should return fuel subsidy, Nigeria is still in big trouble, not only would we remain underdeveloped but the whole country risks going bankrupt, with corrupt leaders stealing money and the people continuing to enjoy what they can't afford, Nigeria would become the laughing stock of Africa. Greedy people,you compare yourselves to the U.S., how many of you can pay the taxes levied in the U.S? How many of you follow the law? You complain of drainage problems but are the ones throwing rubbish into the drains, you complain of no electricity yet you refuse to protest to the government, our graduates are rendered useless because of lack of employment, how can there be jobs, when the government can't afford to pay it's salaries and subsidize the economy at the same time. GEJ realizes that he can't stop corruption, it's bigger than him, so he plans on giving the people the tools necessary to effect change, starting with the removal of fuel subsidy and the privatization of NEPA, if after a year things don't look better then you can start complaining but as for now, you people are barking up the wrong tree.