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Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria (16591 Views)

MINIMUM WAGE: Oshiomhole Disowns Govs, Backs Workers / Nigeria Hit Hardest In OPEC, US Tussle Over Oil Output / Crude Oil Price Vs Petrol: Pump Price Is Now? (2) (3) (4)

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Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by honeric01(m): 11:41am On Jan 06, 2012
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.      



So? that means we shouldn't own local refineries working optimally?

we shouldn't refine our own oil?

the poor should suffer with the rich that can actually afford the fuel without subsidy?

the government shouldn't live the disease, but treat the symptoms?

you know those profiting from the subsidy scam, yet can't arrest them but decides to punish the whole population?

WHY WOULD SOMEONE PREFER TO BURN DOWN A WHOLE HOUSE JUST BECAUSE THERE ARE SOME MICE IN THE HOUSE EATING HIS/HER FOODSTUFFS?

WHY CONDEMN A WHOLE CRATE OF EGG JUST BECAUSE YOU HAVE FEW THAT AREN'T GOOD AMONG THEM?
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by BIGERBOY1: 11:49am On Jan 06, 2012
most pple commenting here r funny, the analysis is to show the folly of the fuel pricing in nigeria. thus the poster showed pump price side by side with min wage. population has no effect in dittermining min wage. if the poster had used per capita income versus pump price then population will play a role in accounting for discrepencies. even at that compare the pop of US -300m Japan - 160 m and their pump price, u will see again that nigeria is getting it wrong.

the other day ngozi was comparing barels per head as justification for increasing price as if they share the crude oil to each person in nigeria.

the poster got it right the most unbiased metrics for camparison is min wage, coz population doesnt affect it, all other metrics r half truth.

PS u guys can get detailed analysis on min wage by country on wiki pedia search min wage
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by gidiMonsta(m): 11:54am On Jan 06, 2012
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!!

You still don't get it, the reason this countries have cheaper fuel is because the prices they sell to their populace is not susceptible to international price fluctuations, all the countries on that list except Venezuela do not subsidize their fuel price.

For instance if Libya and Iraq were subsidizing their fuel it should have gone up during the war when there was no govt. to subsidize! Infact the Iranian govt earns money from internal sales not the inverse like in Nigeria.
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by emtar(m): 11:59am On Jan 06, 2012
WHY DO WE ALWAYS TALK OF OIL/CRUDE OIL .

NIGERIA IS RICH ON GOLD,LIME STONE AND OTHERS BUT OUR LEADER STILL MAKE US SERVE IMF.

I THINK BY NOW IMF SHOULD BE BEGINNING NIGERIA FOR MONEY.

CHINA TOOK THEM SELVES AWAY FROM THESE CALLED  WHITE  AND TODAY CHINA DOMINATE ELECTRONICS,EVEN SPACE MARKET. WE JUST OUR  SATELLITE FROM THEM.

HISTORY REVEALED THAT CHINA WAS ALMOST DOWN DURING USSR AND OTHER EUROPEAN FOUGHT THEM.


TODAY THEY ARE ALMOST THE LEADING IN ECONOMIC GROW.

WHERE AR WE THE GIANT OF AFRICA?  

ALL OUR LEADER THAT HAS THEIR TREASURES OUTSIDE NIGERIA SHOULD ANSWER US.

GEJ AND OTHER ARE NOT OUR PROBLEM. WE MUST TELL WHAT WE WANT AND GIVE THEM TARGET AT REASONABLE TIME,NOT FOR THEM TO PROMISE OR WHITE PAPER THAT WILL NOT MATERIALIZE ANY WAY.

GOD BLESS NIGERIA OOOOOOOOOOOOOOOOOOOO
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by honeric01(m): 12:01pm On Jan 06, 2012
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by oradee: 12:07pm On Jan 06, 2012
The so-called minimum wage is even yet to be approved and paid undecided, mtchewwww
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by olawalebabs(m): 12:09pm On Jan 06, 2012
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.
Population is a very good and essential variable for economic development. Why is MTN making profit far above his home country here. It is because of our population strength. The so called BRIC economies we normally tauted, what major things did they have in common? it is their high population, the 4 countries contribute over a quarter of the world population. What about that?
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by millionbuc(m): 12:09pm On Jan 06, 2012
Na only God go help us.

Bad as ee bad, we shall never come to this.

[img]http://4.bp..com/_bQ0SqifjNcg/SmADUeEcgPI/AAAAAAAAAs8/PvjeKFlOZDk/s400/africa_strange6.jpg[/img]

Meanwhile some recomended cheaper transportation Includes:

For Bokoharam


For Drop, Taxi


For more recomended transport means visit;

http://www.5slate..com
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by BIGERBOY1: 12:18pm On Jan 06, 2012
let me clarify some thing, there is no such thing as international pump price as they want us to believe. different factors affect ur pump price eg
cost of importing the crude (in nigeria we have crude)
cost of refining ( fix our refineries)
cost of shiping in refined products
cost of curruption (perculialy nigerian)
effecient distribution network to avoid arbitrage

some of the above r in one country but not in the other hence they affect prices differntly. the points and question we should be asking is as follows.

1. int'l crude prices should and does not affect nigeria coz we own the crude. it affects US coz they import crude

2. if the local refining cut costs of finished product as compared to refining abroad, where is the 30% we refine at home and how much is it sold ?

3 if the welfare of nigerians is the priority of our leaders why are we not maintaining our refineries and building more instead of waiting for foreigners to biuld our refineries. 80% of opec countries refine their own crude, niger republic inclusive.

4 in the age of global austerity and government cuts why is the cost of maintaining nigerian govt on the rise? just yesterday newzealand or so announced a 40% cut on all govt officials allowance (google it to find out) and nigerian rats want us to trust them with the cake?
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by 989900: 12:32pm On Jan 06, 2012
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!!

Why would we trust a president that spends N3.5m/day on feeding alone with 1.3trillion extra savings?

If countries like Vietnam (90m plus population)  and Ghana (24m plus population) can have stable power supply, why can't we?

If a country as small as Singapore (less than the size of lagos)  can have over 10 working refineries, why can't we have 4 working ones?

How could 240billion/year in subsidy metamorphosize to 1.3 trillion in a year without some of the same elements in the same govt. that wants to use the funds now "for our own good" not know how it happened?

What happened to all the funds that've  been voted for power stability in all previous and present regimes? Was anyone held accountable?

Trust this present regime that spends billions on private jets and many other profanities?

If you want trust, why can't the gov't first make the refineries work and provide stable power supply to reduce demand on fuel for generators, thereby boosting the economy, increasing job creation and GDP  and then increase pump price if it's  at all even necessary anymore.

If we produce 2.2m barrels/day, and consume just 10% of that, why is it so hard to subsidize that 10% we consume ?

What happened to other parts of our economy?


Once I get done from my engagements today, I'll post a breakdown of our production vs consumption vs pump price vs population and GDP in relation to some other countries.
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by karpentar: 12:38pm On Jan 06, 2012
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.


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.
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by Nicklee(m): 12:58pm On Jan 06, 2012
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.
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by oradee: 1:19pm On Jan 06, 2012
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.


Well that my dear is not the fault of the masses. ask ur govt the kind of decisions they made then that has affected us now.
after all there was a time $1 was equal to N1, and if it were to remain so till now, u would still barb ur hair for N5 ,
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by OAM4J: 1:49pm On Jan 06, 2012
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by OAM4J: 2:01pm On Jan 06, 2012
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by bros12345: 2:12pm On Jan 06, 2012
The source of this info is wikipaedia

http://en.wikipedia.org/wiki/Occupy_Nigeria
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by bros12345: 2:14pm On Jan 06, 2012
Read this wiki entry

It still is a mystery how the cost of subsidy shot up to 1.3 trillion naira in just one year of President Goodluck Jonathan's administration, especially since ex-President Olusegun Obasanjo's administration spent 300 billion Naira per year. When the Obasanjo government left power in 2007, the country was no longer in debt and the 30 billion dollar foreign debt that Obasanjo met when he came to power in 1999 was fully paid off. Today, under the administration of Jonathan, the country owes debt to the tune of 30 billion dollars and is still borrowing. Foreign reserves have been depleted from 80 billion dollars during the Obasanjo administration to 33 billion dollars under the administration of President Goodluck Jonathan.

When the Obasanjo administration left power in 2007, 23 billion dollars was left in the Excess Crude Account after he built it up from nothing in 1999. Today, the account is empty because the money has been squandered and the account scrapped.[citation needed]

In the 2012 budget, President Jonathan allocated 1 billion Naira for his feeding and several other wasteful statehouse expenditure running into several million dollars. For instance, money allocated for feeding the presidential family was a reported 300 million naira
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by abbey621(m): 2:19pm On Jan 06, 2012
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.
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by AjanleKoko: 2:22pm On Jan 06, 2012
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.

Just stay in Lithonia, so gbo angry
Leave us with GEJ.
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by xxxkubexxx: 2:28pm On Jan 06, 2012
@ karpenter. stop thinking dull and think smart my friend.

The figures uve stated looks high to you because the same currency u r doing comparism with has devalued your Naira by 162. moreover we are talking about a Developed country and an underdeveloped country. so please think again.
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by oradee: 2:32pm On Jan 06, 2012
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 angry
Leave us with GEJ.


grin grin grin grin grin grin grin grin grin grin
Dont mind him
everybody must sha talk, grin grin
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by oradee: 2:47pm On Jan 06, 2012
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.


this is certainly not the first time we have heard of all the magical plans they have,
.50yrs after and they r still planning. undecided smh
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by oradee: 2:57pm On Jan 06, 2012
23 years ago, 1988 2 be precise, the den SUG
president of the university of JOS led a team of
students who rioted against the den military
dictator (IBB)'s removal of oil subsidy.
He labelled it " a crime against the Nigerian masses
and a war against the poor" That SUG president Ȋ̝̊̅§ MR LABARAN MAKU.
The current Minister for Information who has
recently said that the removal of oil subsidy is long
overdue.
Isn't that intresting and funny?
Pls copy and post to your friends until it gets to 1 of
LABARAN MAKU'S friends and himself to defend.
Make UNA dey see People,
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by anonimi: 3:10pm On Jan 06, 2012
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.

The minimum wage is just half of the issue. We need to also examine and compare with the [size=14pt]comprehensive[/size] remuneration of political office holders.
Can you believe that in Lagos where the "progressive" Association of Conmen in Nigeria (ACN) is in charge they have budgeted N96.4b this year for 40 legisLOOTERS, which is 20% of the overall budget of N491.8b. Vanguard

That means almost N2.5b for each legislator. Yet they increased LASU fees from 25,000 to 250,000. Femi Falana kept quiet. They introduced three toll gates for N900 one way, NLC & TUC said nothing.
Kleptomaniacs in government = KLEPTOCRACY  shocked
This will continue as long as the citizens whom they REPRESENT settle for priviledges (crumbs) rather than ask for their rights(bread/cake made from their taxes).
The Yorubas say t'oju ba pofiri, opolopo eniyan l'ole- without adequate vigilance, most people are thieves.[/b]Hence the need to WATCH and hope/pray.
[b]Vigilance for Victory!!!
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by goggs(m): 3:12pm On Jan 06, 2012


Quote from: Kashif on Today at 10:39:02 AM
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.

explain how they r misleading.
Quote from: dasa on Today at 10:39:55 AM
Did this research take national population into account? so many other things have to be considered.

So many things like war abi? (Iraq and Libya)
Population is insignificant in this issue. Take for example USA (pop. 300million) consumes more fuel that China (pop. 1.9 Billion) and India (pop. 1 billion), its the size of the economy that matters.

Quote from: LeoMax on Today at 10:50:29 AM
The Statistics is wrong !!!

Oga post your own make we see, dont just say its wrong prove it.

Quote from: AjanleKoko on Today at 10:49:28 AM
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.

U r totally on point.


I wonder how Africans can't see that this selfish need by IMF to save the failing economy in Europe, else why the rush to force all African countries to remove subsidy of PMS. I hope people remember not too long ago the tussle between AU and EU on agricultural subsidy, thank God say Obasanjo na stubborn man we for hear am.

This is serious

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LeoMax:

The Statistics is wrong !!!

Lets get this clear, I am not in support of the way the fuel subsidy was removed. I think that the government had better options (eg cutting waste first starting with the  N1billion food bill etc). But that doesn't mean that Nigerians should be MISLED by ANY side.

I went in search of the facts and found that some of the minimum wages listed here are wrong and misleading. Check out;

(i) Saudi Arabia has no minimum wage

By royal decree, an eight-hour day and 48-hour week are standard. It is reported that domestic workers labor up to 20 hours a day, seven days a week. Labor regulations require protection from hazard and disease for employees except farmers, herdsmen, domestic servants, and family-operated business employees. Labor outdoors is prohibited when the temperature exceeds 50°c (122°f). Foreign workers report that these regulations are seldom enforced. With the consent of parents, children may work as young as 13, and children rarely work in Saudi Arabia outside of family businesses. There is no minimum wage.

http://www.encyclopedia.com/topic/Saudi_Arabia.aspx

(ii)  Venezeula's minimum wage is N54,000 ($360) and not N95,639

Venezuela's minimum wage will rise by more than 25%, President Hugo Chavez has announced.
Workers will get a 15% increase from 1 May, and then a 10% rise in September bringing the monthly[b] salary to the equivalent of $360 (£220).[/b]
Some sectors had asked for a much bigger rise with inflation rate at 27%.

http://www.bbc.co.uk/news/world-latin-america-13194440

(iii) Kuwaiti minimum wage is N70,400 ($440) not N161,461

On February 21, 2008, the parliament approved a 120 dinar ($440) monthly pay rise for nationals in the public and private sectors after inflation hit 7.3%, a 15-year high

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

(iv) Iran's minimum wage is N48,480 ($303) not N86,585

Iran's Minimum Wage is the lowest amount a worker can be legally paid for his work. Most countries have a nation-wide minimum wage that all workers must be paid.
Iran's minimum wage is 3,030,480 Iranian rials per month[b] (approximately US $ 303 per month)[/b]

(v) Qatar's minimum wage is Nil (No minimum wage) so the figure of N101,250 is wrong

While Qatar's labor law provides the emir with authority to set a minimum wage, no minimum wage rate has ever been set. Qatar's minimum wage was last changed in N/A

http://www.minimum-wage.org/international/en/Qatar

(vi) Algerian minimum wage is 18,000 DA ($237) - N37,000 and not N55,957

The minimum wage in Algeria is 15,000 Algerian dinars per month for all workers, nationally Algeria's minimum wage was last changed in 2009
http://www.minimum-wage.org/international/en/Algeria

S[b]tarting in January 2012, the current wage of 15,000 DA will increase to 18,000[/b]. The tripartite meeting of the Algerian government, the General Union of Algerian Workers (UGTA) and employers approved the measure announced Friday (September 30th) by Algerian Prime Minister Ahmed Ouyahia.

http://magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/features/2011/10/05/feature-04

(vii) Minimum wage in Libya is $118 per month which is N19,000 and not N23,183

Minimum wage150 LYD per month ($118)Average wageThe average monthly gross earnings is LYD 190.

http://www.emporikitrade.com/uk/countries-trading-profiles/libya/labour-market

In times of conflict, the truth is usually the first casualty. What is best for Nigerians at this time is the TRUTH from all sides so that we can take an informed decision for the better

Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by oradee: 3:19pm On Jan 06, 2012
@ gogs

and what is the maximum wage for all their govt officials?
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by emmatok(m): 3:29pm On Jan 06, 2012
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.      



Population have noting to do with it.

The USA is more populated yets its FP/L is 157- Minimum wage is 197.
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by goggs(m): 3:49pm On Jan 06, 2012
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! shocked

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!
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by JBL316: 3:53pm On Jan 06, 2012
No b American Security agency talk say Niaja go cease to exist by 2015 wey Baba Iabo con dey curse their fada?

Na the script dey unfold sooo.

GEJ be warned!

All for good sha.
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by abbey621(m): 4:00pm On Jan 06, 2012
Population have noting to do with it.

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

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.
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by drstone1: 4:48pm On Jan 06, 2012
My Personal Note: Whilst it was shocking to hear the news of subsidy removal on New year’s eve. I personally felt that the decision is somewhat sudden and “harsh” especially when Nigerians were not prepared for this. Some had made plans for the New year and may have budgeted money only to hear the shocking news. This was amidst ongoing negotiations by the Panel constituted for that purpose to argue for the need and find out how to cushion the effects thru the placement of adequate palliative methods. Many felt shocked at the insensitivity of the PPRA in making the announcement. I can not here hold brief for the Government as to what reasons they may have seen from their own position and based on the Stark facts available to them for which the decision to announce the removal of Subsidy on Jan1,2012 was made. While the procedure may have been crude, yet the arguments are not entirely out of place for the removal of Subsidy. However, in Nigeria where we have been saddled with corruption from different governments, politicians, or militricians and or political parties, whether they be PDP, ACN, APP, NPN etal during these our 53yrs of cohabitation. Moreso especially when Senators, Representatives, ministers, irrespective of their party affiliations, religious inclinations and ethnicities collect jumbo pay and whenever convenient borrow billions from banks to share personal allowances running to millions among themselves with nobody being brought to book. It is also pertinent to note, that not one of these So called Politicians irrespective of their parties have come out to say that on the basis of conscience they have refused these MONIES and that they are making sacrifices to show their Love for the interests of this country and identify with the masses.
In fact certain persons, who once were in government formulating similar policies have suddenly turned “Pro People” and “Anti Oppression”. Hmmmmm!!! Skillful politicians are adept on riding to achieve their ambitions on the sentiments of the gullible and frenzied masses.
While these calls and the Demonization of GEJ is currently in full swing let me also sound a very strong note of caution to well-meaning and sincere agitators for an equitable distribution of wealth irrespective of one’s social strata in society. To be careful, and vigilant less they be the machinery that are blindly fighting to bring about the REALIZATION of an ominous and SINISTER Evil upon themselves unawares. As a matter of fact the times we are calls for the exercise of such vigilance irrespective of the Let downs and feelings of insensitivity we may have about government. For to be FOREWARNED is to be FORE-ARMED!!
What is the real agenda being played out in the fight against “INJUSTICE” Made even more worrisome in the context of massive killings, systematic executions, mass genocide being carried about by fundamentalist in parts of the country. Is there any correlation, with the present situation unfolding before our eyes??
From the Mahdist Islamic movements of Sudan in the 1890's, which the British helped Squash after the brutal massacre in Khartoum of a British Army officer, to the Revolution of the Sheik Usman fodio against the then Hausa rulers of Gobir, to the present days revolution in places like Egypt, Tunisia et al.

One thing is common. These fundamentalist organise their disciples into a ragtag army crying against INJUSTICE and seem to be fighting for injustice only to consolidate their Strict rule of Religious dominance in those Societies (ala Afghanistan). Back then in Omdurman, Sudan; the British were not fooled by such Crap.

They dealt a death blow to the Mahdist movement. We hear today that these events are political and not religious. In fact the gruesome murder of Christians having a prayer meetion about 7:30pm in Deeper life gombe this week was attributed to robbers and criminals. NOBODY, and i repeat, NOBODY should come fool us with such gibberish and balderdash. WE are not FOOLED by these same rhetoric with which the SULTAN exonerated the Bombings caused by BOKO HARAM as a mere handiwork of political agitations. It is a deep seated agitation by a fast dying oligarchy who feel they are loosing out of power and are desperate by all means possible to regain their domination of Power, politically, judicially,militarily and economically.

Hear Winston Churchil on the River War, written about 110 yrs ago.

“How dreadful are the curses which Mohammedanism lays on its votaries!
Besides the fanatical frenzy, which is as dangerous in a man as hydrophobia in a dog, there is this fearful fatalistic apathy. The effects are apparent in many countries. Improvident habits, slovenly systems of agriculture, sluggish methods of commerce, and insecurity of property exist wherever the followers of the creed rule or live, Individual Moslems may show splendid qualities. , all know how to die; but the influence of the religion paralyses the social development of those who follow it. (SEE what has happened to Northern Nigeria Over the years, despite their dominant rule in the last 50years. The difference between them and those in the south being that they took advantage of western missionary education by their numbers.) No stronger retrograde force exists in the world. Far from being moribund, Mohammedanism is a militant and proselytizing faith. It has already spread throughout Central Africa, raising FEARLESS WARRIORS at every step; and were it not that Christian Europe is sheltered in the strong arms of science (the science against which it had vainly struggled) the civilisation of modern Europe might fall, as fell the civilisation of ancient Rome.
Hear Churchill,
About the modern machinery of war and its effectiveness against native terrorist tribesmen:
“ , the Maxim guns had also come into action. A dozen Dervishes are standing on a sandy knoll. All in a moment the dust began to jump in front of them, and then the clump of horsemen melts into a jumble on the ground, and a couple of scared survivors scurry to cover. Yet even then a few brave men come back to help their fallen comrades. end of quote.

Today, the effect of that science is in the possession of nuclear bombs, UAV’s ,cluster bombs and a SUPERIOR War technology.{italics mine}

By the way, i have not heard of Sharia banking 4sometime now after accusing, shaming and denouncing some people of grave injustice in managing the banks!!!!

These times call for ETERNAL VIGILANCE. The Coptics in Egypt after fighting for "INJUSTICE" alongside their fanatical brethren have their asses, finger burnt as repayment. We even had people who showed us pictures of how they were protecting their "brethren" from other faiths from the POLICE while praying on the internet to show their “UNITY” in fighting against “INJUSTICE” and “OPPRESSION”. Shortly after the ouster of Mubarak, they Were visited with the real aims of fundamental Islamist dragons, BOMBINGS, BOMBINGS, BOMBINGS, BOMBINGS, BOMBINGS, Assassinations and DEATHS in their numbers within their Churches. After Sufficiently intimidating and harassing these gullible comrades they have now tried to enforce the religious dominance in that country!!!

Make no mistake about this. There is a RELIGIOUS JIHAD being WAGED by a section of HOLY WARRIORS in accordance with the strict interpretation of their Creed. It is all summed up in this statement by Sheik Othman Dan Fodio.

"In his book Tanbih al-ikhwan ’ala ahwal al-Sudan (“Concerning the Government of Our Country and Neighboring Countries in the Sudan”) Usman writes:
“The government of a country is the government of its king without question. If the king is a Muslim, his land is Muslim; if he is an Unbeliever, his land is a land of Unbelievers. In these circumstances it is obligatory for anyone to leave it for another country”. [1]. In fact, Usman did exactly this when he left Gobir in 1802. After that Yunfa turned for aid to the other leaders of the Hausa states, warning them that dan Fodio could trigger a widespread Jihad. [4]. Eventually, he did and it was the first major Jihad for the series of Jihads which were surging during the 18th and 19th century across Sudan and the neighboring states. It was called the Sokoto Jihad and it took place in Hausaland. He finally withdrew his people to Gudu in 1802 and after 2 years, in 1804, he rose up and overthrew the unjust rulers.
In Islam Outside the Arab World, David Westerlung writes: “The jihad resulted in a federal theocratic state, with extensive autonomy for emirates, recognizing the spiritual authority of the caliph or the sultan of Sokoto.”[3] That means that Usman achieved his goal to raise the Muslim law above the power of the government which is one of his main ideas in his written works. In Tanbih al-ikhwan ’ala ahwal al-Sudan. He further writes: “As for the sultans(leaders of other African tribes practicing Islam), they are undoubtedly unbelievers, even though they may profess the religion of Islam, because they practice polytheistic rituals and turn people away from the path of God and raise the flag of worldly kingdom above the banner of Islam. All this is unbelief according to the consensus of opinions.”
Usman points out in his books many of the flaws and demerits of the African non-Muslim or Nominal Muslim rulers. Some of these are corruption on various levels of the administration along with absurdity and injustice regarding ordinary people’s rights. Usman is strongly criticizing the heavy taxation and obstruction created in the business and trade of the Hausa states by the law system. One can assume he was fighting for common equality according to the Muslim law which was inexistent before 1804.

It is astonishing how the call for overthrow of unjust rulers from Gudu(Gobir) managed to spread throughout the whole county as the Sokoto Jihad. The communication was carried along trade routes and rivers draining to the Niger-Benue valley, as well as the delta and the lagoons. The call for Jihad did not only reach other Hausa states such as Kano, Katsina and Zaria but also Borno, Gombe, Adamawa, Nupe and Ilorin. These were all places with major or minor groups of Fulani alims.

Hmmmmmm, this special writing of Sheik uthman fodio, a man with uncommon supernatural powers, about the countries surrounding SUDAN makes a clear pointer to what we have been saying !!!!, the SPIRIT OF SUDAN- that EVILPOWER that has gripped that country for years causing intolerant oppressive rule of the South,,,,,,cast your mind back on The supporter of APC mercenaries that operate BOKO HARAM Style b4 the Indepenence of South Sudan. That Powerful Spirit is seeking Solace here in Nigeria. We Bind and Cast OUT of our land that PRINCIPALITY DEMON in the name of Jesus.
With reference to that great philosopher George Wilfried Hegel in his treatise of Dialectics from which Karl Marx and Engels further derived their theory of Dialectical materialism. He posited unequivocally that through a process of thesis, anti thesis and Synthesis, the material world in history is heading toward the realization of the Ultimate idea of the Supernatural Force in creation. What is this idea which is coming to fruition in our present day with the Events of the 1979 Revolutions in Iran, sept11 bombings and the American war in the Gulf, the so called Arab Spring. We turn again to a Legend and the ultimate seer and a man of uncommon foresight of the Last century who lived in france in the 1500’s; Michel de NOSTRADAMUS. A man who correctly predicted different events in divers places including wars fought and personalities that mark special events of the modern world 500 years after his time. You go and read his predictions about the last major World War or World War 3, the Players and the theatre of the Action. Those who fail to heed the wisdom of history are bound to inevitably repeat it and also be consumed from the face of the earth by it.
On a very sober note, here this words.
Uthman Dan Fodio, had a very disturbing dream around the middle of the 2nd decade of 1800’s. In which it was revealed that this kingdom he has established by the shedding of so much blood will last for just 200years.
Watchout, Be Alert as you agitate and ponder again!! THE ALARM IS SOUNDING VERY CLEAR. Say not, i never knew this is what it shall come to. BEWARE!!!!!!!!BEWARE!!!!!!!!! BEWARE!!!!!!!!!BEWARE!!!!!!!!!!!
Re: Fuel Price Vs. Minimum Wage In Opec Countries Inc. Nigeria by occam(m): 5:38pm On Jan 06, 2012
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.

Living in a rural Georgia town perhaps clouds your understanding of the issues confronting Nigeria.

Corruption in the oil industry is the real culprit and GEJ has to confront it. Jacking up the price of petrol by over 100% is a shallow approach that will result in unnecessary suffering and impact on economic activity. Too many small businesses, people living on the margins, rural dwellers and urban low income earners, will bear the full brunt of a sudden jump in petrol prices.

Responsible governments do not act this way. Gradual removal of subsidy spread over 5 yrs while developing mass transit and other infrastructures is a smarter approach. Right now, power supply is now in the back burner with all these palaver on oil subsidy removal

Asking someone on N20, 000 per month to bear the pain while N1 billion will be spent on feeding GEJ and his family, underscores the folly of leadership in Nigeria.

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