Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote - Politics (5) - Nairaland
Nairaland Forum › Nairaland General › Politics › Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote (25622 Views)
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Kobojunkie: 4:54am On Sep 28, 2024 |
@ivandragon, abbey621:Let me give you a rundown of how I spent my less than minimum wage money. At the time, I was earning about $11/hour at this sitter job that I did for the heck of it. I barely made $1000 each month by the way since it was more of a part-time gig too. ![]() ► Apartment rental(living with two roommates at that time) ——————————————$300 each month(utilities included) ► Fuel for an old Honda 2006 model ————— — —————————————————— $120 each month ► Food cost(I got most of the supply from the pantry every week) ——————————— $100 a month ► Health Insurance(Medicaid) ————————————————————————————Free ► Phone bill-————————————————————————————————————$30 a month —————————————————————————————————————————————————————————————— Total monthly cost is ——————————————————————————————— $550 P.S. The above is not Juju. it is actually how I lived for a time in recent years. I saved up quite a bit by the end of that year too. This is in the U.S. by the way. ![]() |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by abbey621(m): 5:08am On Sep 28, 2024 |
Kobojunkie:Una funny for this app, what year was this and you already disqualified yourself from the discussion as you're not a full time minimum wage worker. Even with your income I don't know how you qualified for Medicaid for years but things have changed now, annual recertification is now a thing especially here in Georgia. Food $100 a month, na Ramen Noodles you dey chop? ![]() Please when analyzing issues like this let's think of the average person not just you......The average American spends at least $250 on food and groceries every month nowadays, the avergae American with a fiull time job spends at least $200 on health insurance.....If you figured out a way to crack the system good for you but that's not the norm! |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Kobojunkie: 5:15am On Sep 28, 2024*. Modified: 5:33am On Sep 28, 2024 |
abbey621:1. What has full-time got to do with anything when I could only work the available hours so I considered myself part-time. I just laid bare my situation yet all you have are excuses to trade? What is this? ![]() 2. I meant Medicaid, not Medicare. All you need do is apply and once you are qualified for it by the state in which you live, there is no need to ask meaningless questions. It does not matter whether you work full-time or part-time. Once the state qualifies you, you have it. ![]() 3. Does it matter what I eat so long as I eat and I am good? 4. I just gave you a rundown of my monthly bill and income which is far less than the $1200 ballpark you were expecting. Why am I not to be considered an average American ? |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Lekan239(m): 5:32am On Sep 28, 2024 |
ivandragon:good, but is the minimum wage meant to buy fuel alone,.. calculate other expenses too.... well some1 earning minimum wage any place in the word is not even expected too own a car Also minimum wage Saudi Arabia government pays is 3,000 SAR. Which was actually increased to that 3,000 this 2024... try too read well and gove accurate fact so people who are trying to japa won't think every other countries is heaven..... The global economy is bleeding.
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| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Kobojunkie: 5:34am On Sep 28, 2024 |
Lekan239:Says who? People on minimum wage can also save up to buy a car as well. ![]() |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by SmokedWhiskey: 5:39am On Sep 28, 2024*. Modified: 6:23am On Sep 28, 2024 |
abbey621:Your points are valid, but its a lot deeper than that; with the federal system as it is being run right now it will be difficult for us to become a productive nation; I personally have no problem with those in government earning and spending if only what they earn or spend can be tied to productivity, for instance an NBA player on average makes $10 million dollars a year but that is tied to productivity and the value they bring. Truth is unlike developed nations that are structured to be productive and compete in a global economy, Nigeria is structured for the solely for the purpose of sharing oil money - it was simply a matter of time before our chickens came home to roost. Years of lying to ourselves that we were a rich nation and living beyond our means has brought us to where we are today. If we restructure the nation in such a way that each region spends what it earns. This would solve 90% of the problems we are facing as a nation today. |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Lekan239(m): 5:47am On Sep 28, 2024 |
Kobojunkie:yes some1 earning minimum wages who does not have any other responsibilities, or some1 who is still leaving with his parents can actually save up all his money and get a car.. and also continue saving up to maintain the car. |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Kobojunkie: 5:48am On Sep 28, 2024 |
Lekan239:Anyone can do it is the simple fact here! No need for the overcomplication of that which is simple. ![]() |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by abbey621(m): 5:51am On Sep 28, 2024 |
Kobojunkie:Clearly you're just looking for an argument! To qualify for medicaid, it is not just about how much you make but the frequency of your pay and the hours you work. If your $1000 a month is not regular then that can get you qualified as opposed to someone making the same amount but is regular and fulltime. This is simple enough and not worth arguing! I spent years auditing the state of georgia so i have some knowledge about the process. Next, the average American does not have two roomates and spending $100 a month on food/groceries is a flat out lie unless you have other things compensating like family, donors etc. What the hell do you mean by getting it from the pantry? You dey whine me ni? ![]() This is why I said your situation is not representing the average American, please when arguing or trying to make a point be mindful not to use your own extreme experience to claim a norm, try to view things from the general populace perspective! |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Lekan239(m): 5:52am On Sep 28, 2024 |
Kobojunkie:any1 can do it, but it's not expected... why would any reasonable person thinks getting a car on 1,200 dollar earnings per month is an ideal plan. Only kids does that.. Are you 1? |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Kobojunkie: 6:02am On Sep 28, 2024 |
abbey621:1. I have been on Medicaid since about the time when Trump was still President, so I am not sure what it is you are trying to argue with me for at this point. 🤔 2. Average Americans learn to cut their coat according to their size. If they need to find roommates to meet their goals, they do it. So I am not certain why you are attempting to raise some sort of template against me on how an average American can or cannot act here. 🤔 3. This question in red leads me to believe you don't even live in the U.S., do you? No, I don't have any sponsors, donors, or anything. Rather, as I said, I pick up supplies weekly from the pantry, which is more than enough for me to live off. ![]() 4. At this point it is clear that you have no clues as far as the situations of those who in fact live and exist on minimum wage(or less) here in the U.S.A. That you even claimed you spent years auditing the State of Georgia, yet with no clue of the pantry I speak of, leaves me wondering if you have ever in fact been in the U.S. of A. ![]() |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by abbey621(m): 6:11am On Sep 28, 2024 |
Kobojunkie:When I said donor what the hell do you think I mean, abi pantry is not a food bank? Basically you're saying you live on welfare and you're comparing yourself to the average American....Stop insulting my intelligence! Even when my wife lost her job for some months she couldn't qualify for welfare so I repeat you're not the average American. Let me illustrate it properly for you: 1. Housing: You need two roomates 2. Food: You rely on welfare 3. Health insurance: You rely on welfare You're not an average American, you're a charity case and your situation is excluded from the main conversation! |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Kobojunkieee: 6:28am On Sep 28, 2024 |
@ivandragon abbey621:1. Now I am absolutely certain you have never been to the U.S.A. yourself. 😂😂😂😂😂😂😂 2. I have never applied for Welfare, now referred to as TANF. I have never had need of that since there are other freely available programs out there for even illegal immigrants to take advantage of that would more than suffice for anyone who reasonably wants to get by. ▶Deciding to take on roommates since you cannot afford to foot the rent bill all on your own does not equate to being on welfare. It is actually considered common sense out here and anywhere else in the world 😁 ▶The foodbank is available to everyone as there is no qualification necessary. It is taken advantage of by pretty much anyone who finds himself needing to tighten the belts at any time, so sorry.. not Welfare. A good majority of Americans had to rely on the food bank during the COVID shutdowns. Even illegal immigrants take good advantage of it. 😁 ▶The Affordable Care Act (ACA) made Health Insurance mandatory and expanded the Medicaid program to all those of lower income. So, I am not sure why you think that this subsidy should be considered Welfare when it is available to pretty much all those in the lower wage brackets out there. 😁 3. It's ok how you wish to consider me a charity case since I have been able to pretty much dash all ideas you thought you had at your disposal to use in arguing foolishly against the other commenters' statements. Sorry!! 😂😂😂😂😂😂😂 Life on minimum wage in America cannot even be compared in the slightest to life on what constitutes slave wages in Nigeria. |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Kobojunkieee: 6:31am On Sep 28, 2024 |
Lekan239:My first car in college was a car I bought for $500 which I bought at an auction. I drove it for approximately 3 years without problem and it served me well. I barely made $300 each month at that time but I saved up to buy that car since I needed one at the time. I had work and school, and there was no true bus system in the town at that time. 🤔 What part of that decision makes you think I had to have been a kid? 🤔 |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by ivandragon: 6:33am On Sep 28, 2024 |
Lekan239:1. Are there more public workers than there are private workers in Saudi Arabia? What is wrong in using the minimum wage applicable to majority of the population in a country? And I termed it 'average minimum wage is about...' so what's wrong with that? 2. The minimum wage of 70k I used for Nigeria in my write up, when was it increased? 1940 right? 3. If you don't understand analogy, then don't comment on things you don't understand. You expect me to start analysing rice, bread, cost of transportation in Saudi arabia for you when the topic was directly in relation to pms which I used accordingly? What stops you from doing your own analysis of the other goods and services in Saudi arabia and compare to Nigeria? 4. Where in my comment did I say the global economy is bleeding or not? It was a simple and straightforward analysis so that people like you are not deceived by all the talk about something being more expensive in another country and then start doing senseless analysis with conversions. 5. Read to understand so that you don't end up making comments that show a glaring absence of comphresion. |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by ivandragon: 6:47am On Sep 28, 2024 |
abbey621:You are obviously a confused fellow. I should give you analysis of what exactly? Go and read my comment you first quoted so you can get your bearings. You quoted me first and I responded in line with your quotes, I don't go off tangent as you appear to be doing. And if you insist you actually meant to quote me, then what exactly is your grouse with my statement? Because it was a simple analysis. This unit of money gets you this amount of fuel in this country and vice versa using thier local currencies. You can do your own calculations for other expenses, that is your headache. By the way, what is tax? Is it not an expense on the part of the person paying it? |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by ivandragon: 6:49am On Sep 28, 2024 |
Vision101:Do you have a brain block stopping you from doing your own analysis? I was commenting directly to topic, so I don't know what your question about owning cars or not is all about. |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by ivandragon: 7:00am On Sep 28, 2024 |
Omalicious1:Simple. I don't understand why it is so hard for some people to understand this. One of the greatest Deceptions politicians in nigeria use to justify increase in prices is comparing prices with other countries using dollars and they now start doing silly conversions from one currency to another. For instance, 50kg rice in Brazil costs about 150 BRL. Minimum average monthly wage in Brazil is about 1,400 BRL. So minimum wage in Brazil can buy about 9 bags of 50kg rice. In Nigeria, with minimum wage at 70k, you can't buy one bag of 50kg rice because it is between 85k to 100k in the open market today. Again for context and comparison, in 2014 in Nigeria, with minimum wage at 18k and 50kg rice at 8k, one could by 2 bags of 50kg rice. |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by abbey621(m): 7:04am On Sep 28, 2024 |
Kobojunkieee:Who was talking about TANF? You specifically mentioned food pantry, guess how they got the food? Ding ding ding.......Donations from food manufacturers, suppliers, banks, people etc......Food pantries are meant for people facing hunger or extremely low income, in short, WELFARE! You qualified for free Obamacare and you don't see it as welfare? You think the money used to subsidized your healthcare cost magically flew out of thin air? Nope, it is taken from hardworking citizens like myself! The more money I make the more that gets deducted to support charity cases like yourself so with all due respect own up to it! Finally your half smart attempt to disguise your situation as non welfare is WILD, your situation was not temporary, it is your way of life for years. You deliberately chose to remain poor so that you can qualify for welfare and yet too proud to admit it is welfare.....You're funny ![]() This discussion was never about US being better than Nigeria for minimum wage workers or vice versa, it was about petrol cost and how minimum wage workers are affected the most in either countries due to expenses......Your unintelligent attempt to equate your charity lifestyle to that of the average American is way off point! |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by DOM7: 7:06am On Sep 28, 2024 |
Is condition of living much better in Saudi Arabia than Nigeria? |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Kaybaba5(m): 7:14am On Sep 28, 2024 |
Islie:Garbage |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by abbey621(m): 7:14am On Sep 28, 2024 |
ivandragon:You're not very bright are you? I simply called out your initial analysis that $1200 can buy so much petrol(YOU FORGOT TO FACTOR IN EXPENSES).....I analyzed that $1200 and deducted expenses and showed you how a minimum wage worker might not have more than $100 left for petrol. I did this to show you how even in a country that chose to subsidize its citizens' lifestyle, the minimum wage worker is still heavily shortchanged! I did this in hopes of you realizing minimum wage workers will always feel the brunt of the economy more than those who are financially sound. I did this so that many of una would stop the baseless comparison of USA and Nigeria. Your analysis would have been on point if you said those minimum wage workers can afford to buy petrol with 10% of their monthly income and that is comparable to the same set of workers in Nigeria only able to use 7000 Naira per month to buy petrol.........Both situations STINKS! I'm tired of going back and forth, |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by ivandragon: 7:16am On Sep 28, 2024 |
@kobojunkieee, @kobojunkie and @abbey621, you people should stop tagging me in that your particular discussion. How you people live in the US on minimum wage is not my concern. I stay in nigeria but I have been privileged to visit a few countries and I certainly didn't do it on a minimum wage budget. If it is my specific analysis of purchasing power using Saudi Arabia and Nigeria that is creating issues, it is very easy to do analysis for other goods in other countries. For instance, a 50kg rice in Brazil is about 150 BRL which minimum wages average 1,400 BRL. So you get about 9 50kg bags of rice. In nigeria, using 70k minimum wage, you cannot afford a bag of 50 kg rice which now hovers between 85k to 100k. In 2014, 18k minimum wage would get you 2 bags of 50kg rice at about 8k per bag. What I have posted is just to show that conversion of different currencies across different countries can be misleading when trying to understand the most important aspect of economics that concerns the masses, which is how much of a commodity can thier minimum wage afford. |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Kobojunkieee: 7:19am On Sep 28, 2024 |
abbey621:I had to yawn my way past your usual uninformed ridiculous claim. 🥱🥱🥱🥱 Anyways, your initial attempt to somehow equate life on minimum wage in Nigeria to life on minimum wage in the U.S. That, as I have already shown is not and can't be the case unless the Nigerian Government were to first ▶ Increase minimum wage to levels that compare to that obtained outside of Nigeria, for instance in the U.S. where you had attempted to compare it to ▶ Provided subsidy programs such as healthcare and even food subsidy programs that allow those on minimum wage to not only thrive but have a chance to raise themselves from that point up ▶ Upward mobility training programs many of which are geared towards ensuring that those at the bottom can get the skills needed to raise themselves through necessary training... Until these are put in place, you can never and should never equate life on minimum wage in Nigeria to life on minimum wage in any developed country out there including the U.S.A. 🤔 |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Kobojunkieee: 7:24am On Sep 28, 2024 |
DOM7:By far! ![]() |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by abbey621(m): 7:26am On Sep 28, 2024 |
Kobojunkieee:Again don't know where you got your analysis from, my main contention is disposable income to buy fuel for minimum wage worker, all the other BS you wrote na for your pocket! |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Kobojunkieee: 7:26am On Sep 28, 2024 |
abbey621:And that claim of yours was nothing but delusional lies concocted by someone who has never stepped even a foot in the U.S.A. ![]() |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Lekan239(m): 7:26am On Sep 28, 2024 |
ivandragon:minimum wage in Saudi is better and more improved than Nigeria's own that's fact.... but u are thinking it's better for you bcus u r in Nigeria. If u interview Saudi resident today u will also hear them wail about their minimum wake not okay to sustain their expenses. |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by ivandragon: 7:26am On Sep 28, 2024 |
abbey621:You should be tired because you are running around in circles. Again, read and understand my initial comment which you quoted. You are free to do your own analysis of expenses, I was responding directly to the topic about pms prices. My position was more or less an analogy or sample. It is just like when we say minimum wage cannot buy a bag of rice. It is not expected that the minimum wage earner buys a bag of rice monthly. It is just to show that the purchasing power has reduced in comparison to a particular period which is why I do not support comparisons that require currency conversions across different countries. It is very misleading. To this your very specific comment above, there would always be expenses. The person that earns 70k also makes expenses. Are both instances poor wages? Absolutely. But that is also the only SI units in both countries we can safely make reasonable assumptions with. |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by Lekan239(m): 7:28am On Sep 28, 2024 |
Kobojunkieee:that is why I said only kid still eating mummy's food can do that na... when u r in college that u bought a car with barley making 300$, are you not eating mummy dash me |
| Re: Is Petrol 40% Cheaper In Nigeria Than In Saudi Arabia As Claimed By Dangote by abbey621(m): 7:28am On Sep 28, 2024 |
Kobojunkieee:Oh someone on welfare is challenging my US residency.....Wonders shall never end ![]() |
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