Vulcanheph:
All Thanks to Buhari.... The mere fact that Zombies avoid threads like this is a proof that they know what they're doing.

LaSenior:


Keep borrowing to consume

Naira is having a free fall

Minister of finance nowhere to be found this one don pass her power because she's a product of quota system
Vice President nko and his economic team are just there for formalities

I know that PDP is bad but what we are having is worst and anybody who doesn't see that APC is worst is a paid zombie ,

This days nairaland is becoming so annoying because of some brain dead fellows who comes here to defend a proven evil and anti people government.

If you defend evil may that evil you are defending consume you because you are not a human being with feelings rather you are a zombie .

My happiness is that one mumu man for my street wey really dey support buhari then don relocate go village after he don sale his car for city .
Check all these people supporting buhari they're in deep suffering and gnashing of teeth compared to the good people of Nigeria who condemned this evil government,

If you see a zombie doing their dirty and shameless work here on nairaland don quote them stop making them popular pls don't argue with them

mmadu5:
those giving them these loans are mad. like do they expect Nigeria to repay them? onyibo mumu sha

KRSWon:


Lending countries like China purposely give poor or corrupt countries like Nigeria these loans knowing they won't be able to pay them back because the main goal are these countries' assets.

https://en.m.wikipedia.org/wiki/Debt-trap_diplomacy

UstazAhmed:
These debts are not embezzled unlike when the south was in power. They are being judiciously used for infrastructures.

Enough of these wailings. Buhari is the best leader ever in Nigeria

Benblaq:
Really?

Gokoyer0:
You must be aboki or yoruba muslim, no doubt. You will be fine, don't worry.

LaSenior:


Keep borrowing to consume

Naira is having a free fall

Minister of finance nowhere to be found this one don pass her power because she's a product of quota system
Vice President nko and his economic team are just there for formalities

I know that PDP is bad but what we are having is worst and anybody who doesn't see that APC is worst is a paid zombie ,

This days nairaland is becoming so annoying because of some brain dead fellows who comes here to defend a proven evil and anti people government.

If you defend evil may that evil you are defending consume you because you are not a human being with feelings rather you are a zombie .

My happiness is that one mumu man for my street wey really dey support buhari then don relocate go village after he don sale his car for city .
Check all these people supporting buhari they're in deep suffering and gnashing of teeth compared to the good people of Nigeria who condemned this evil government,

If you see a zombie doing their dirty and shameless work here on nairaland don quote them stop making them popular pls don't argue with them

Beancounter93:



For your information, here is the prices of petrol for West African countries in naira as at 7th June. PER LITER. (SAUCE)

Nigeria: 166 naira
Togo: 323 naira
Sierra Leone: 342 naira.
Benin : 384 naira
Chad : 396 naira...and chad produces oil.
Ghana: 448 naira
Ivory Coast: 468 naira
MALI: 511 naira.

If you click the source, you can find other prices in Naira

All those coutnries don't subsidise fuel...that's why they pay higher for fuel. And they are all, excpet prolly Chad, net importers of fuel like Nigeria is . Subsidy is why fuel is as low as N162-66 here.

FYI..I am not Yoruba, Hausa, Ibo,nor am I a muslim , son. And I never ever voted for Buhari and his geng in my life...and never will.

nedekid:
K
Bros I think the purchasing power matters. I think the minimum wage in Ghana is higher.
Eg, a Ghanaian water tank repairer I engaged months back here in Lagos to fix my tank charged me 4k, the same fellow told me if he were on ghana he would charge equivalent of 30k for the same work and the person will thank him for giving a good price!
He said the only difference was that you see such repairs fewer because maintainance culture in Ghana is high so fewer tanks to repair unlike Nigeria.
So the fact that fuel is 448 naira the reflective purchasing power might negate any comparisms to Nigeria.

Beancounter93:



[s]For your information, here is the prices of petrol for West African countries in naira as at 7th June. PER LITER. (SAUCE)

Nigeria: 166 naira
Togo: 323 naira
Sierra Leone: 342 naira.
Benin : 384 naira
Chad : 396 naira...and chad produces oil.
Ghana: 448 naira
Ivory Coast: 468 naira
MALI: 511 naira.

If you click the source, you can find other prices in Naira

All those coutnries don't subsidise fuel...that's why they pay higher for fuel. And they are all, excpet prolly Chad, net importers of fuel like Nigeria is . Subsidy is why fuel is as low as N162-66 here.

FYI..I am not Yoruba, Hausa, Ibo,nor am I a muslim , [b]son. And I never ever voted for Buhari and his geng in my life...and never will.[/s][/b]

Gokoyer0:
Methuselah, go and look for someone else to lecture. Btw, you dare not call me a son in real life no matter how old you are.
I left the dead country for una, make una continue supporting your devilish Buhari.

Gokoyer0:
Methuselah, go and look for someone else to lecture. Btw, you dare not call me a son in real life no matter how old you are.
I left the dead country for una, make una continue supporting your devilish Buhari.

Beancounter93:


[s]Loses argument...thus moves goalpost.

Plus you started it, you abused me with a bigoted and tribalistic comment. So, stop crying.[/s]

Gokoyer0:
...I will let birds fly over my head, but I won't let them build nests in my head....I also love to bear false witness. It is a bad habit. I will stop it.

Beancounter93:


The subsidy is why fuel is at N162-5.

In other West African countries where there is no subsidy...fuel costs N300 and above per liter.(In Ghana it is 447 naira per liter. In Niger it is 370 per liter)

Infact Nigeria has the cheapest fuel in the whole of subsharan Africa...excepting Angola.

That it seems so 'high' has a lot to do with the falling value of the naira due to falling crude oil prices leading to a shortage of dollars to buffer the naira.

PetroDolla2020:
Tell me. I’ve been following the debate about fuel price deregulation in Nigeria. In Ghana, fuel prices are not only fully regulated but there are taxes on top, which makes the price prohibitive.

From where I sit, I see fuel pricing deregulation in Nigeria is inevitable because the government cannot cope with the current subsidy regime. Increased fuel prices will impact on everyday life in Nigeria, increasing inflationary pressures and impoverishing more Nigerians.

My question to you therefore is, can Nigerians cope with fully deregulated fuel prices? What will be the impact? Will it be the straw that finally breaks the camel’s back?

Beancounter93:


Nigerians might not be able to cope with the resultant price increases which is why the government's past and present keep the subsidy

But to be honest we cannot keep it up for long without going into more debt

So, even though this sounds evil and uncaring and Lord knows i hate saying it , subsidy has to go. Maybe the resulting investment would generate revenue for the country and more jobs. And things would improve.

PetroDolla2020:
I am closely following developments in Nigeria from Accra. I am well informed about Nigeria because I previously lived there for a long time. I have this feeling that Nigeria is like a keg of gunpowder at the moment. And that petrol deregulation could be the light that could explode the gunpowder.

Given all the many challenges, with insecurity, inflation, unemployment etc, do you think Nigerians can cope with full downstream deregulation?

In Ghana, a liter of petrol is probably around 400 Naira, and it is has created tensions even though people are now used to the impact of high petrol prices. But it’s not funny. Trust me.

Beancounter93:


The subsidy is why fuel is at N162-5.

In other West African countries where there is no subsidy...fuel costs N300 and above per liter.(In Ghana it is 447 naira per liter. In Niger it is 370 per liter)

Infact Nigeria has the cheapest fuel in the whole of subsharan Africa...excepting Angola.

That it seems so 'high' has a lot to do with the falling value of the naira due to falling crude oil prices leading to a shortage of dollars to buffer the naira.

Trentee4eva:

I hope you are not trying to defend the worst administration in Nigeria’s history.