Chepos1:

US should not try any rubbish cus I want to migrate to that region ASAP.

Rossikki:


Come on will you shut up your mouth. ''Most Nigerians survive on less than $1 daily''. Is that what some stupid white man's statistics taught you? You cannot use your own brain to know that that statistic has to be totally false otherwise we would have food aid trucks from UNICEF and the Red Cross on every street in the country? MUMU. Instead of regurgitating nonsensical statistics, use your brain, and know what to reject and what to accept.

Chepos1:

US should not try any rubbish cus I want to migrate to that region ASAP.

oladayo63:


Baba, you dey misyarn jawe. If the standard of living is good, no one will complain if oil is #300 per litre. So because Venezuela is in deep poo, the masses should die of hunger. Tackle the government to improve the economy. Even with the fuel price, companies still layoff staff, unemployment is on the rise. The dude you quoted is right, it's about standard of living. And yes, a majority of Nigerians can't afford a $ per day, IMF data support that fact.

iammo:


$1 per day is N10,800 per month. how much is fuel attendants, salesgirls and petty traders earning, how much is the minimum wage? how much do corpers earn? how much do police constable to sergeant earn? don't this people also have dependant who don't even earn anything.

Now subtract the salary of average Nigerian workers and traders from Rent cost and transport. and honestly tell me how many people in Nigeria leave above $1.90 per day

grandstar:
Truth is that the cheap petrol cost so much to subsidised in countries with huge populations and leave big gaps in the government purse.

If Nigeria ends the subsidy regime, it would save over a trillion naira

erico2k2:

Dont always believe evrything you read, howmany people do you personaly know who earn N300 per day ??

mexioni:
Venezuela have refineries that are functional to an extent, agreed. But come on that price is teribly too cheap, as for Nigeria u and i know there is a gang taking our refined fuel outside this country and they are cashing badly. If we don't work on border controls even insecurity challenges will perish us as a nation. If thw whole world our price is the 7th least its not bad.

theoldpretender:


Most Sierra Leoneans, Liberians, Chadians, Ghanaians, Ethopians and Cameronians survive on less than $1 a day

transformed:
must we be the only oil producer that import refined oil? Must we be world highest importer of refined oil? Venezuela dont import refined oil

erico2k2:

Im talking reality, I did not want to go into all them people you mentioned hence I asked you a specific question,Who do you know that earn N500 a dayU mst lnow one person if its that established.

Rossikki:


NO THEY DON'T. IGNORAMUS.

erico2k2:

yep Ie in Venuzuela the cost is up to 90%

grandstar:
Truth is that the cheap petrol cost so much to subsidised in countries with huge populations and leave big gaps in the government purse.

If Nigeria ends the subsidy regime, it would save over a trillion naira

theoldpretender:


Good evening, god.

theoldpretender:
Hmmm

I can see some Nigerians looking at Venezuela and admiring their price of N4 perliter.

What they don't know is

1.Veenzuela is depleting their foreign reserves by keeping fuel at N4 due to overspending on subsidy.

2.Here is how a subsidy works. Government tells you to sell your fuel at a low price, and pays you the difference...preventing you from making a profit. As a result...you lose money.

3.Venezuela is in an economic mess.

And this is what some Nigerians want. Wake up.

Mgbadike80:
dollar =#360(approximately) which is about #10,800 per month. Many Nigerians earns about #8,000 monthly salary and still have to cater for their dependants. I believe that you have good intentions but mistakenly support a lie. A Nigerian private school teacher (the most common jobs for university graduates nowadays) lives on less than a dollar ( or less than a dollar and half using the latest calibration) when you factor in his or her dependants. that is for those lucky enough to have a job.

erico2k2:

Im talking reality, I did not want to go into all them people you mentioned hence I asked you a specific question,Who do you know that earn N500 a dayU mst lnow one person if its that established.
many youth corpers earn 18k but leave on 15k after data, and transport. 500 × 30 days = 15k. Legion security guard earn 17k and guard estates

oladele00:
Vote for PMB again and baba will reduce the price of fuel to[b] 45naira[/b].. God bless PMB

Rossikki:


You don't need to be God to use your brain. I guess it is the white man that told you that lie that is your God. Ewu.

erico2k2:

Im talking reality, I did not want to go into all them people you mentioned hence I asked you a specific question,Who do you know that earn N500 a dayU mst lnow one person if its that established.

UrbanMetahuman:
[s][/s]venzuala is not in economy mess because they subsidize fuel. fuel is cheap in venezuela because they have one of the biggest oil reserve in the world and they refine their own oil unlike here where we import refined oil. venezuela doesnt subsize oil.

economic mess is as a result of over dependent on oil instead of diversification.

theoldpretender:


Most Sierra Leoneans, Liberians, Chadians, Ghanaians, Ethopians and Cameronians survive on less than $1 a day

Yet they pay more than Nigerians for fuel.

oladayo63:
It's not about the dollar value, fams. It's about the standard of living in the country.

Venezuela position on the list means nothing to Venezuelans. In a socio-economic perspective, fuel is more cheaper in Nigeria than Venezuela.

In another sense, fuel is way cheaper in Kuwait than in Nigeria because they have a better standard of living.

How will it sounds if a cup of coffee is sold for $5 (#1700) in Nigeria? Considering that Nigeria minimum wage is about $50/m, 99% of Nigerians can't afford it while $5 is peanut to Americans.

Standard of living! It's all about standard of living.

UrbanMetahuman:
[s][/s]venzuala is not in economy mess because they subsidize fuel. fuel is cheap in venezuela because they have one of the biggest oil reserve in the world and they refine their own oil unlike here where we import refined oil. venezuela doesnt subsize oil.

economic mess is as a result of over dependent on oil instead of diversification.

crisis-hit Venezuela, one dollar can buy two Polar beers, a dozen eggs, or a bar of chocolate. Or, taking advantage of the black market exchange rate, it’s enough for 3.5m litres of petrol.

But the 92 tankers needed to carry the fuel would probably be stuck at the pump, broken down and without replacement parts.

Fuel in the oil-rich nation may be practically free, but motorists are finding it increasingly hard to keep their vehicles on the road. Petrol shortages are ever more common: motorists commonly wait for six hours or more in fuel queues.

Batteries, engine oil, and tyres are prohibitively expensive – if they are even available.

And although Venezuela has the largest proven oil reserves on the planet, faltering infrastructure has led to a steep drop in production. The US Energy Information Administration (EIA) predicts that oil production could fall to 1m barrels per day (bpd) this year, and again to 700,000 by December 2019.

iammo:

many youth corpers earn 18k but leave on 15k after data, and transport. 500 × 30 days = 15k. Legion security guard earn 17k and guard estates