₦airaland Forum

taylormed2:
America
Finland
Israel
Denmark
Norway
Italy
France
Hong Kong
The list goes on. The price of fuel in Nigeria is amongst the cheapest in the world rn.

You don't have sense.
I don't know why some senseless people keep comparing Nigeria with these developed countries.
What is the minimum wage of these countries you mentioned?
And, what is the minimum wage of both civil and public servants in Nigeria?

Those countries you mentioned have a working system, even unemployed ones are been paid every month.
The elderly are been taken care of by the government with a free transport ticket all their life.
No corruption, every government fund is being accountable to those in charge.

Nigeria is the least underpaid civil and public servant in the whole world.

How can you increase the prices of foods and other commodities without an increment in people's salaries?

Anybody supporting this evil and the wicked government will never end well and their families.

I know there are some parts this government has done well, like remembering the pensioners.

God go help Nigeria.
There is light at the end of the dark tunnel

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.

Your get sense pass tortoise, aswear

@Gaddafi1, you well so?….
Na U wan remove am…. Even if una try the head of the Mother of the mother of my mother nor go gree ….
Una wan send us packing go Liberia. You wan make my 40k salary come be like 5k.

They can remove subsidy and that's when they will easily win coe when hardship bite harder trust Nigerians they will collect peanut from the politicians and vote them again.may God save Nigeria

It's well, car users and business owners who depend more on generators to run their business will feel the impact more, some of the business owners will have no choice than to go for other renewable energy sources.

DaRenewed:
@Gaddafi1, you well so?….
Na U wan remove am…. Even if una try the head of the Mother of the mother of my mother nor go gree ….
Una wan send us packing go Liberia. You wan make my 40k salary come be like 5k.

I no de pray for it to be removed, but I know this country very well and preparing for the extreme situation.

nedekid:
I think Untill our refinaries start working, we will pay subsidy.
Shebi fuel is 165 now. Remove subsidy and make it 350. In another 6months when inflation hits and naira loosed value, this same government will say they are paying subsidy and have to increase fuel price again by removing it. Afterall did fgn not say they were removing subsidy when fuel price was increased to 165?

They will always give a reason for every increase in the country.

I'm already planning on installing solar this holiday season.

There is no need to prepare for anything, when they remove it they should also prepare for what comes out of if. I remember during the endsars protest some people said SARS is not going anywhere but eventually they did. Some people said the government is not moved by the protest, they will kill all of una and nothing will happen. The luck them get be say them no capture them clearly in the act on video if not we might not be in the same country by now. Even at that properties, banks, government buildings all over the country where burnt down by the angry mob.

If fuel sells for 350 that’s like 2times the current amount Nigerians are expected to suffer twice what they are suffering now which is very inconsiderate! Prices of food and transportation will X2 and you expect people to not react?

Drop my car,
Getting a bicycle by 2022

Ghana minimum wage is around 25,000

backbencher:
Moving the posts are we?

1.Minimum wages
GHANA: 213000
Benin : 28000
Ivory Coast: 43,000 naira approx
Nigeria 30000 naira


2.vALUE OF CURRENCY

cfa (IVORY COAST, BENIN)
1 DOLLAR =578 cfa (cfa is heavily subsided by France, mind).

Cedi (Ghana)
1 dollar = 6.14 cedis.

Nigeria
1 dollar=408 naira.

3.Number of people living below the poverty line

Benin:38.5%
Ghana: 11.2%( if poverty is defined as living below 1.90 dollars a day) 55.0% (IF POVERTY is defined as living below 5.50 dollars a day)
Ivory Coast: 39.5 %
Nigeria: 43%

Crystalom3:
Look at Nigerians adapting as usual. How do we get a better country if all we do is adapt to suffering.

No one talked about protesting the policy.

We have all resigned. Nigerians are lazy not hardworking. We would rather flow with the tides than fight it.

That's laziness.

It takes someone like you to come out, to surrender himself as sacrifice and protest. Come out and lead it, not sit behind a keyboard spewing hogwash for spewing sake. Wtf man! Lead the cause man, and we'll follow you ...

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.

And that was with subsidy ain't it?

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.

Added a new source of income to take care of it and the multiplier effect it will generate

Me I'll start yahoo

Having oil doent count.. Because local or foreign refineries will still buy crude at the standard international rate which is around 70USD and refine to sell around 0.8 USD per litre= N331...
When u put transport cost ,tax etc...then it will eventually be N345

backbencher:
Niger,Chad ,Cameroon all have oil

Benin has discovered oil recently

I'm just passing by too

philipobiz:
Added a new source of income to take care of it and the multiplier effect it will generate

That's a good idea but other expenses will also go up, more kids entering secondary school or university. Parents getting older and requiring more medical attention. No plan to spend all my money on fuel.

Antoeni:
We are very Prepared,
Once FG Announces the Removal, We Shutdown the Nation with a Massive Protect Protest Nationwide

Are Nigerians now ready to die??

come out for Endsars una say who wan die
come out for the protest against bad governance una talk same thing

So I ask again una don ready to die now??

ogawisdom:
I already have a Toyota Corolla.

The problem is that it will increase the price of all goods and services

Definitely, prices of other products will increase so we must cut down on expenditure if income does not increase.

Viking07:
Lol we are in the same group. I’m getting an Honda Civic this weekend. Person need to cut cost in whatever way possible.

Honda civic is another economical car with good interior design.

Astoria:
Already bought a Peugeot 206 (1.4l) just in case. All other cars/vehicles that I have will be put to use according to necessity.

Wisdom is profitable to direct.

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.

Your brain is retarded. Look at the countries your comparing with Nigerian. A litter of fuel is a dollar in USA, a country where people earn at least $150 per day. With $50 you can get 50 litters of fuel that could last you for 2 weeks if you commute daily. That’s nothing compared to their $2000, $4000 and above monthly income.

Then you think it’s cheap compared to Nigerian? If fuel sells at 350 that means it would cost you around 50k to fuel your car monthly if you communicate daily and that’s not considering traffic and your type of engine. How much do the average Nigerian earn? Shame on you !

Snakedoctor1:
Sold one car already

That's a tough decision, hopefully you will buy another one when the economy improves.

I believe this removal is solely because of Akiko Dangote. He will start producing PMS next year and this of course is a way of the govt helping him again to promote his business. He had mentioned in the past that his refinery will only sell at the international rate. And the refinery is not meant for Nigerians

Munzy14:
Haaaaa! That was fast bro..

Person fit trade am to buy 3plugs mini bus before we enter DEC 2022 like this...Because PMS will reach 450 as naija concern.

Wahala for V8 engine owners...Na 5000naira PMS they will use to warm engine in the morning...

Sai Buhari.

The country has thought us some lessons, I won't wait until my account is red to take a decision.

GEJ need to explain to Nigerians how he managed to pay fuel subsidy and yet sold fuel at N86 per liter.

GEJ need to explain to Nigerians how he managed to controls our borders and yet a bag of rice was sold for 8k.

GEJ need to explain to Nigerians how he managed to build 17 federal universities in 17 states in Nigeria.

GEJ need to explain to Nigerians how he managed to build almajiri schools in all the Norther Local governments.

GEJ need to explain to Nigerians how he managed to hold $1=#165 for 4yrs

GEJ need to Explain to Nigerians how he managed to push Nigeria's economy to be number 1 in African.

GEJ, we need answers.

- Proffessor Wole Soyinka

Gaddafi1:
Recently, not sure I have seen any mechanic that does that, most prefer to change the engine. Like you said with the rising cost of an engine, some will make a trial. Necessity they say is the...

They prefer to change engine because lazy mechanics said so. They can't even differentiate between fake piston rings and original unlike in the past when people ringed their engines or bought new engine (not tokunbo/used).
Mechanics are simply collaborating with used engines' sellers to exploit people. Some of the so called toks engines are already poorly ringed here in Nigeria.
However, there are some decent mechanics that buy in bulk genuine piston rings, valve seals online and ring.rebuild engines perfectly; this is the way to go.

Onyiiobi7735:
Bro,It's only God that will help us oo.

My grand mother was asked me... 'Are you sure God is not tired of this country'

Antoeni:
GEJ need to explain to Nigerians how he managed to pay fuel subsidy and yet sold fuel at N86 per liter.

GEJ need to explain to Nigerians how he managed to controls our borders and yet a bag of rice was sold for 8k.

GEJ need to explain to Nigerians how he managed to build 17 federal universities in 17 states in Nigeria.

GEJ need to explain to Nigerians how he managed to build almajiri schools in all the Norther Local governments.

GEJ need to explain to Nigerians how he managed to hold $1=#165 for 4yrs

GEJ need to Explain to Nigerians how he managed to push Nigeria's economy to be number 1 in African.

GEJ, we need answers.

- Proffessor Wole Soyinka

Simple...high oil revenues between $91-130 from 2010-14, which provided dollars to

1.Pay for massive subsides on petrol

2.Keep the value of the naira high enough.

When oil prices fell below $80 in 2014, that's when the problems started. We drained our forex reserves to $28 billion by 2015 to delay the inevitable, but eventually we had to face reality.

We were here before , in 1973-82 when we had high money from oil revenue thanks to the high crude prices of the era, when a loaf of bread cost 50 kobo by 1978. Back then we subsided far more than we do...not just fuel, bread and a host of other things. Because oil revenues dropped by 1982/3 due to oil crash, that's why prices went up by 1984...and beyond.

By 1996, bread cost N50-100, and fuel was at N22 (UP from 15kobo in 1980)


NOTE; This is not to defend Buhari, or attack GEJ, but to give a reason why we have economic issues.

We go hear am together, thank God my bike still dey for garage and in good shape.

femi4:
It's not about the rate of consumption but how much you LL spend to get little fuel . And if I may ask, what will you trade your generator for

We just have to survive and ensure income meets with expenses.

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.

You're either one of the paid agents of this devilish government that have been assigned to sample people's opinions regarding the subject matter or you're just one of the many gullible Nigerians who don't ask questions but quickly key in to wicked government policies and adapt to their excruciating pains !

If you must know,Nigerians are not preparing for any non existing, wicked subsidy removal and that's because such wicked move at this period will be resisted by the people ! Buhari can try us;#endsars will be a child's play ! Why are Nigerians this gullible ? How many time is this evil government of Buhari actually going to remove the so called subsidy ? Perhaps,we need to remind some of you gullible Nigerians that subsidy removal was given as an excuse by the present administration to arrive at the present price of N165.00 per litre ! So which subsidy is Mr Buhari planning to remove again ?

Op,if you like you can sell off all your properties to prepare for the dubious subsidy removal; na your own palava be that ! As for the people,that nonsense will be fiercely resisted !