taylormed2:

America
Finland
Israel
Denmark
Norway
Italy
France
Hong Kong
The list goes on. Price of fuel in Nigeria is amongst the cheapest in the world rn.

Gaddafi1:
Obviously fuel subsidy will be removed in 2022 and PMS is expected to be sold at N350 per litter. Nairalanders, how do you plan to cope with this increase considering the fact that income is not going up.
On my side, I had to take a painful decision of trading off my beloved 6 cylinder engine Sienna and got a corolla which consumes less fuel. I can't come and go and kii myself.

HopeAlive21:
Hope you also remember that we have oil on our land, these neighbours you are talking about don't have.

For a country which this resources at her disposal and fail to do the right thing, it is hypocrisy to support such move.

They should prioritise fixing power supply first, we won't complain.

Benin, Ghana, Cote d'ivoire has steady power supply as far as I know, so buying fuel at a higher price won't be an headache because they don't need to fuel their generators and the likes.... Only cars and big engines for companies.

And to cap it up, their electricity tariff is reasonably cheap based on how steady the power supply is.

I'm just passing by....

backbencher:


You are right...

Venezuela N10
Iran : n21
Syria :N88
Angola: n116
Algeria N135
Kuwait: N142
Nigeria: N165 (SIXTH cheapest)

Nigerian neighbors prices of fuel
Benin :N366
Chad : N365
Cameroon: N448
Niger: N370
Ghana: N473.

sauce

HopeAlive21:



Hope you also remember that we have oil on our land, these neighbours you are talking about don't have.

For a country which this resources at her disposal and fail to do the right thing, it is hypocrisy to support such move.

They should prioritise fixing power supply first, we won't complain.

Benin, Ghana, Cote d'ivoire has steady power supply as far as I know, so buying fuel at a higher price won't be an headache because they don't need to fuel their generators and the likes.... Only cars and big engines for companies.

And to cap it up, their electricity tariff is reasonably cheap based on how steady the power supply is.

I'm just passing by....

freshkpomo:


Did you compare our minimum wages with those countries?

taylormed2:

America
Finland
Israel
Denmark
Norway
Italy
France
Hong Kong
The list goes on. Price of fuel in Nigeria is amongst the cheapest in the world rn.

backbencher:


Ghana pays higher tarrifs for power than Nigeria. Also,many of these countries don't try to give everyone power like we do. They concentrate on the main urban areas which get light 24/7 while rirual areas don't get much.

Map below shows access to power by country. Only Ghana has more access to power than we do.

Niger and Chad and Cameroon all produce crude oil and all have prices higher than Nigeria at the pump.

Lots of cheap fuel from Nigeria gets smuggled to these countries which increases our subsidy costs .

taylormed2:

America
Finland
Israel
Denmark
Norway
Italy
France
Hong Kong
The list goes on. Price of fuel in Nigeria is amongst the cheapest in the world rn.

Gaddafi1:
Obviously fuel subsidy will be removed in 2022 and PMS is expected to be sold at N350 per litter. Nairalanders, how do you plan to cope with this increase considering the fact that income is not going up.
On my side, I had to take a painful decision of trading off my beloved 6 cylinder engine Sienna and got a corolla which consumes less fuel. I can't come and go and kii myself.

freshkpomo:


Did you compare our minimum wages with those countries?

oluwaseaun:
Well it's simple. Get yourself a Toyota Corolla or Toyota Camry (pencil light) and for your home, get a solar inverter system.

taylormed2:

America
Finland
Israel
Denmark
Norway
Italy
France
Hong Kong
The list goes on. Price of fuel in Nigeria is amongst the cheapest in the world rn.

liverpudian9:
I am getting a horse and two donkeys as a means of transportation ,if d government is harsh we will go back to d Old ways

Gaddafi1:
Obviously fuel subsidy will be removed in 2022 and PMS is expected to be sold at N350 per litter. Nairalanders, how do you plan to cope with this increase considering the fact that income is not going up.
On my side, I had to take a painful decision of trading off my beloved 6 cylinder engine Sienna and got a corolla which consumes less fuel. I can't come and go and kii myself.

freshkpomo:


Unemployment rate.
Currency value.
Minimum wage.
Average number of people living below poverty line.



Did you put these into consideration?

taylormed2:

Why show your stupidity, I simply answered a question and you progress into insults. You think Nigeria as a whole can move forward when
majority have this your mentality??

freeman67:


You actually did answer any question there .. you only re-echoed what that person said and added that Nigeria is about the cheapest price of petrol. The person you quoted (In trying to explain why subsidy may not be removed) asked any one to name any country where petrol can be imported from with the landing cost of or less than N400 and you ended up listing countries that sells higher when converted

franchasng:
We go thief your horse and donkey, kill them and eat

backbencher:


Maybe, knowing what this government has done in the past.

But this time, the government is running out of money big time. Rumors are afoot that there may be salary delays next month, and so forth.

Removing the subsidy completely may be the only way to free money up.

Gaddafi1:


We don't have subsidy in 2022 budget so its illegal for government to continue subsidizing the product. Better to prepare for the worse situation. Who ever thought that the price of fuel will increase to N165/liter.

backbencher:


Ghana pays higher tarrifs for power than Nigeria. Also,many of these countries don't try to give everyone power like we do. They concentrate on the main urban areas which get light 24/7 while rirual areas don't get much.

Map below shows access to power by country. Only Ghana has more access to power than we do.

Niger and Chad and Cameroon all produce crude oil and all have prices higher than Nigeria at the pump.

Lots of cheap fuel from Nigeria gets smuggled to these countries which increases our subsidy costs .

735i:
No government will remove subsidy less than one year to elections.
APC knows they will lose if they try it because the hardship that will come with it will make people ask them to leave even before 2023.
Forget subsidy removal next year.

taylormed2:

America
Finland
Israel
Denmark
Norway
Italy
France
Hong Kong
The list goes on. Price of fuel in Nigeria is amongst the cheapest in the world rn.

toyeoye:


I will swap my V8 engine to a 1.4 and also sell my enemies kidney to get solar inverters

freeman67:


All these were already discussed in 2011 and we were on our as a country to getting used to the removal and move on before you guy rejected and staged a national protest saying you don't trust the process. Now after increasing pump price twice you are coming to say the same thing. How do we trust this process as a country now? We rejected when it has not even been tested, now we have tested twice and it didn't work. What will make us believe that it will work this time...?


Go and look for the then CBN governors (Sanusi Lamido Sanusi) and the then Minister of finance ( Ngozi Okonjo Iweala's) discussions in several fora on this issue. You will discover that you did not say anything new.

TinubuGoQuench:


SHAMELESS PAID AGENT

Firstandonly:
no money and they are paying billion into npower

Queenslander:
What a dipstick!

What's Nigeria's minimum wage compared to those other countries you listed? Mad man, like someone said up there, these fools are paid agents looking to sample opinions online,. In anticipation for next year.. lunatics!!