I saw various posts on the social media, criticising federal government's reduction of gasoline(PMS or Petrol) pump price from N97 to N87. More worrisome is the fact that some of our youths join the bandwagon in the criticism.

I wonder why we have some youths of our country who can not make use of their brains to ponder on issues that would further enrich the country. Present day youths are being tossed around by the older ones and sometimes, by illiterates. ‎

Drivers paid an average of $2.2021 a gallon for regular gasoline at U.S. pumps of recent in the US (do some ‎confirmation) 1US gallon = 3.7854ltrs‎ ‎$2.2021 = N398.58 (@ exchange rate of N181/$) Therefore, 1gallon = N398.58 ÷ ‎3.7854ltrs = N105.29/ltr in the US

Meanwhile, in Nigeria, after taking into consideration, landing costs and other expenses, it is N85/ltr for the same litre of gasoline yet people are ignorantly ranting on social media and elsewhere. Between Nigeria and the US, which is better? What has happened to some present day youths in my dear country, Nigeria‎? Mr. President, Goodluck Jonathan has indeed shown that he has the interest of Nigerians at heart.‎

Minimum wage in USA is not 18,000 naira per month

a friend wrote this and he considered other factors unlike u
Sina Solaru
Price per barrel of crude oil a year ago
[January, 2014] was $97.92/barrel
worldwide. It is now $46.97/barrel.... Gas/
petrol was $3.28/gallon a year ago in the
U.S. It is now $1.89/gallon because of
demand & supply that controls the price. I
just bought a gallon of petrol/gas from
Costco at $1.89 cents/gallon today and since
1 gallon equals 3.78 liters, that equals to 50
cents per liter here in the U.S. That is
#92.50kobo per liter @ the exchange rate of
$1= #185naira ..... Per Capita Income in the
U.S. is $53,042 while per capita income in
Nigeria is $3,006 source: World Bank. That
means Nigeria is currently[until the so called
midnight] paying more at #97/liter than in
the U.S. at #92.50/liter. Nigerians should be
paying #5.24kobo per liter based on the per
capita income differential. Otherwise, the
result is still ABJECT POVERTY! Hit 'Like' if
you are not better off than you were 4 years
ago.

As I read the title, wetin commot for my mind na thunder fire you! Thank God say I no talk am.

Op




What's the minimum wage in America
At least we need to balance that tooo

DONOCSO:
As I read the title, wetin commot for my mind na thunder fire you! Thank God say I no talk am.

I did not expect anything less from you. It is unfortunate that in an intellectual discuss, that is the much you can contribute. SMH

dre11:
Op




What's the minimum wage in America
At least we need to balance that tooo

minimum wage in the USA is basically done hourly. It is an average of $8/hour. Meanwhile, it is pertinent to note that it all depends on how much time one can put in a month and the availability of the job

I disagree with the price drop to N65/ltr.

My opinion is that government should break the monopoly created by the few importers of these products, then allow the sector to be regulated by market forces. That I mean even if petroleum products would be sold in the open market like palm oil, better.

Our problems is this cycle of monopoly.

bishopclin:
minimum wage in the USA is basically done hourly. It is an average of $8/hour. Meanwhile, it is pertinent to note that it all depends on how much time one can put in a month and the availability of the job

U said 8 dollar per hour
And the minimum wage here is18000

Juxtapose the earnings and tell me which one is expensive

Why the comparison? Do you know the rank of Nigeria among Oil producing countries? Go and compare with those countries.

Standard of living over there vs down here?

nwanna89:
Minimum wage in USA is not 18,000 naira per month

This same GEJ increased the minimum wage to 18,000 naira don't forget. Some governors shouting change today has neither allowed the minimum wage to be paid nor passed PIB.

So many other factors equally needs to be taken into consideration.

And thats before oil prices crash in the world market. And now its much more low.

Even if petrol is giving free to nigerians we will fulfill our resolve to vote clueless govt out come FEBUHARI.

[img]http://media.nbcdfw.com/images/652*367/gas18.JPG[/img]

Hmm

What a mor0n.

You dont compare prices literally by using this silly method. Stark illiterate

bishopclin:
I saw various posts on the social media, criticising federal government's reduction of gasoline(PMS or Petrol) pump price from N97 to N87. More worrisome is the fact that some of our youths join the bandwagon in the criticism.

I wonder why we have some youths of our country who can not make use of their brains to ponder on issues that would further enrich the country. Present day youths are being tossed around by the older ones and sometimes, by illiterates. ‎

Drivers paid an average of $2.2021 a gallon for regular gasoline at U.S. pumps of recent in the US (do some ‎confirmation) 1US gallon = 3.7854ltrs‎ ‎$2.2021 = N398.58 (@ exchange rate of N181/$) Therefore, 1gallon = N398.58 ÷ ‎3.7854ltrs = N105.29/ltr in the US

Meanwhile, in Nigeria, after taking into consideration, landing costs and other expenses, it is N85/ltr for the same litre of gasoline yet people are ignorantly ranting on social media and elsewhere. Between Nigeria and the US, which is better? What has happened to some present day youths in my dear country, Nigeria‎? Mr. President, Goodluck Jonathan has indeed shown that he has the interest of Nigerians at heart.‎

hello my guy the truth is that you are not current.with what is happening in the us.presently
A gallon of petrol sells for $1.55 in some states while in some its $1.60.check your facts before saying rubbish.

Op is a jokerr

Op pls get ur facts right before you post anything, America is not an oil producing state, you just can't compare them with us when it comes to crude oil, u compare your stats. with an oil producing state.

[size=25pt]
one barrel of crude oil is now below 50$

One barrel of crude if refine is equivalent to 150 liters of fuel.

Do the maths

Why can't we own a refinery?

If we refine this crude oil in nigeria there will be no need spending money for imported fuel.

We could simply buy locally refine fuel for 20naira.

Oil thefts steals 400,000 barrel per day.

And nigeria only need free 250,000 barrel per days to power our economy, but only few people enrich themselves with GEJ.

This will only make us to spend for refining cost and by then it will be around 10naira if crude oil is free.

This will make our economy more stronger and the poor will feel the impact of a government. No robbery and kidnapping.

to power electricity and the whole nigeria economy is 250,000 a day. Oil thefts steals 400,000 per day.

Jonathan failed nigerians



[/size]

very stuuupid thread

Who told you America is not an oil producing state? Simply because she is not an OPEC member? Just so you now, OPEC is a Cartel and anything Trust is illegal in the U S of A. Get your fact right.

dguy4:
Op pls get ur facts right before you post anything, America is not an oil producing state, you just can't compare them with us when it comes to crude oil, u compare your stats. with an oil producing state.

bishopclin:
I saw various posts on the social media, criticising federal government's reduction of gasoline(PMS or Petrol) pump price from N97 to N87. More worrisome is the fact that some of our youths join the bandwagon in the criticism.

I wonder why we have some youths of our country who can not make use of their brains to ponder on issues that would further enrich the country. Present day youths are being tossed around by the older ones and sometimes, by illiterates. ‎

Drivers paid an average of $2.2021 a gallon for regular gasoline at U.S. pumps of recent in the US (do some ‎confirmation) 1US gallon = 3.7854ltrs‎ ‎$2.2021 = N398.58 (@ exchange rate of N181/$) Therefore, 1gallon = N398.58 ÷ ‎3.7854ltrs = N105.29/ltr in the US

Meanwhile, in Nigeria, after taking into consideration, landing costs and other expenses, it is N85/ltr for the same litre of gasoline yet people are ignorantly ranting on social media and elsewhere. Between Nigeria and the US, which is better? What has happened to some present day youths in my dear country, Nigeria‎? Mr. President, Goodluck Jonathan has indeed shown that he has the interest of Nigerians at heart.‎

You came here trying to be smart not knowing you are only displaying your mental incapabilities... smh..

Why do we really have to compare nigeria with america

bishopclin:
I saw various posts on the social media, criticising federal government's reduction of gasoline(PMS or Petrol) pump price from N97 to N87. More worrisome is the fact that some of our youths join the bandwagon in the criticism.

I wonder why we have some youths of our country who can not make use of their brains to ponder on issues that would further enrich the country. Present day youths are being tossed around by the older ones and sometimes, by illiterates. ‎

Drivers paid an average of $2.2021 a gallon for regular gasoline at U.S. pumps of recent in the US (do some ‎confirmation) 1US gallon = 3.7854ltrs‎ ‎$2.2021 = N398.58 (@ exchange rate of N181/$) Therefore, 1gallon = N398.58 ÷ ‎3.7854ltrs = N105.29/ltr in the US

Meanwhile, in Nigeria, after taking into consideration, landing costs and other expenses, it is N85/ltr for the same litre of gasoline yet people are ignorantly ranting on social media and elsewhere. Between Nigeria and the US, which is better? What has happened to some present day youths in my dear country, Nigeria‎? Mr. President, Goodluck Jonathan has indeed shown that he has the interest of Nigerians at heart.‎

Pump Price of Petrol for Oil Exporting Countries in the World as @ 19/01/2015 : in naira1.
Venezuela - 3.732.
Syria - 9.333.
Libya - 22.394.
Saudi Arabia - 29.855.
Kuwait - 46.656.
Qatar, Iran, Algeria and Bahrain - 48. 517. Sudan - 63.44

Nigeria is in the 5th position as a Major Oil Exporting Country, Venezuela is number 8, Kuwait is in the 13th position, Libya is in number 15, Qatar and Algeria are in positions 14 and 16 respectively. Nigeria is selling Petrol officially at 87 naira per liter and some gullible Nigerians are rejoicing. When shall we grow up? When shall our leaders b accountable GEJ & FG should come out and inform Nigerians on how thet arrived at the 87 naira per liter pump price you want us all to so much celebrate. As for me I don't worship mediocrity. Nigerians wake up. #‎NigeriaDecides2015

Minimum wage per month for a full time job in Nigeria=N18,000
Note: some people earn much less.

minimum wage in USA according to OP = $8/hr.
Full time job is circa 40hours/week.
40*8=320
There are 4 weeks in a normal calendar month.
320*4=$1,280

Let's use exchange rate of N175=$1
therefore, $1,280*175= N224,000/month.

Minimum wage / month in Nigeria= N18,000
Minimum wage / month in USA = N224,000

herald9:

What's so hard in dropping that Gaddam thing to N65...

For Pete's sake oil is 'made in Nigeria '

oil is also made in America

bishopclin:
I saw various posts on the social media, criticising federal government's reduction of gasoline(PMS or Petrol) pump price from N97 to N87. More worrisome is the fact that some of our youths join the bandwagon in the criticism.

I wonder why we have some youths of our country who can not make use of their brains to ponder on issues that would further enrich the country. Present day youths are being tossed around by the older ones and sometimes, by illiterates. ‎

Drivers paid an average of $2.2021 a gallon for regular gasoline at U.S. pumps of recent in the US (do some ‎confirmation) 1US gallon = 3.7854ltrs‎ ‎$2.2021 = N398.58 (@ exchange rate of N181/$) Therefore, 1gallon = N398.58 ÷ ‎3.7854ltrs = N105.29/ltr in the US

Meanwhile, in Nigeria, after taking into consideration, landing costs and other expenses, it is N85/ltr for the same litre of gasoline yet people are ignorantly ranting on social media and elsewhere. Between Nigeria and the US, which is better? What has happened to some present day youths in my dear country, Nigeria‎? Mr. President, Goodluck Jonathan has indeed shown that he has the interest of Nigerians at heart.‎

You're a very big fool for ur lame analytic, infact ur foolishness is in HD!!! It seems you don't know the meaning of consuming country.. Id!ot!!! Besides whats the minimum wage over dia?? ewu!!!

realnaijaa:
hello my guy the truth is that you are not current.with what is happening in the us.presently
A gallon of petrol sells for $1.55 in some states while in some its $1.60.check your facts before saying rubbish.

Bros abeg which state sells at that rate 'cos I just bought at $2.4sth (mobil) in LA. I guess the OP lives down Westcoast, so he is right anyway. GEJ is trying but not good enough

Kagarko:
So many other factors equally needs to be taken into consideration.

And thats before oil prices crash in the world market. And now its much more low.

Even if petrol is giving free to nigerians we will fulfill our resolve to vote clueless govt out come FEBUHARI.

Dollar increases in value not only to naira but also in kinda similar or rather close to Euro€;
Definitely since there is increase in Dollar value;the price of World petrol would automatically fall but could remain constant or higher compare to some currency of which naira is!

D question to be asked is how creative has our government been to reduce the pump price by#10?
It should have risen higher since Dollar is now more expensive to naira!

However;I wonder why most people claims its all propangada;if called so?Be it!Its all improvement!

Meanwhile,I need ask why most people seems to the word cluelessness as an everyday song on no ground!Prove it wrong by highlighting areas of cluelessness of d present government!

And hesistate not to account for just 40% probability of ur harden sentimental acclaim opposition to fix the economy fairer!

Am tired of coming here everyday and seeing people just shouting change without feasibility view of how it could have been better!

Imagine someone shouting the price should have been #15!Is only Fuel Usage d sector of infracture or advancement?More amenities need be provide!

we are in nigeria,nt US,wen wil u people stop comparin us with US...



Sorry,i just realise the op is so desprate.desprate mind can do foolish tins without thinking