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Nairaland Forum / Nairaland / General / Politics / Nigeria Is Difficult To Understand (372 Views)
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Nigeria Is Difficult To Understand by Nobody: 8:40am On May 23, 2016 |
In 2012, crude oil price was over $100 per barrel In Europe fuel at pump was roughly about €1.40 per litre In 2016 crude oil price about $40 per barrel In Europe fuel at pump about €1.00 per litre Notice that consumers paid less for fuel as crude oil prices crashed. In Nigeria, in 2012 prices at pump was about #97, when crude was over $100. GEJ wanted subsidy removed, political activist resisted. In 2016 crude oil crashed and Buhari want to increase prices of fuel at pump to over #140. The same activists are now telling us they are now in support of subsidy removal and an increase of pump price over #140 Mind you, Nigeria imports her refined fuel. This una country is simply difficult to understand. 1 Like |
Re: Nigeria Is Difficult To Understand by Ehiscotch(m): 8:42am On May 23, 2016 |
Eh |
Re: Nigeria Is Difficult To Understand by Nobody: 9:05am On May 23, 2016 |
Please note over 90% of pump price in Europe is tax European per capital income is more than 20 times or so greater than Nigeria. Official exchange rate remains the same in Nigeria |
Re: Nigeria Is Difficult To Understand by itstpia8: 9:41am On May 23, 2016 |
Hello! @thread title! |
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