₦airaland Forum

pafun:
Na you suppose to use common sense. Why would anyone who is not mad snuggle petrol from Nigeria where it is “more expensive “ to Benin where it is “cheaper “?

cococandy:
First of all that was a question. You didn’t reply before you started asking me about smugglers. I was genuinely asking what’s the cost of petrol to Nigerians compared to the surrounding countries who I’m inclined to believe have similar economies. Is it cheaper or not for Nigerians? I’m truly asking because I don’t know.

As for your question. If someone smuggles petrol, it might not necessarily be because they’re going to sell it more expensive elsewhere. It might be because they got it from illegal sources in Nigeria and can’t sell there. Maybe due to licensing issues or they don’t have the infrastructure to distribute it to end users. So they smuggle wholesale to people who will sell it elsewhere. Either way they make their profit because they are part of class who can get it for cheap or next to nothing. People who can smuggle petrol have connections. The end consumer doesn’t have that privilege.

Ringstonermasks:
ignoramus is not knowing that u don't know something. It is the emeritus of Ignorance.

You're very dumb. With ur secondary school explanation.

When men are talking here, u better go to celebrity trend to beg.

ElSudani:
You very right, ignorance is bliss. That is the only why some complete morons will come online to insult people who know more than them.
If you don't understand something respect yourself and ask for explanationrather than expose your ignorance and throw insults around like confetti.

Ringstonermasks:
it seems lyk u are mistaking me for ur fadar

Check again

HellVictorinho9:
In other words, i cant help you.


You are the one who needs help bcus its not a normal thing to be shamelessly parading yourself doing senseless tribal hate.

HellVictorinho9:
U mean ur dads hero

Noted

givedemwotowoto:
The interesting part being that most of US oil is refined outside US and imported because most of their refineries refine heavy crude oil

So Nigeria processing its own crude but Nigerians still paying international market price shows you how corrupt your politicians are.

High levels of corruption everywhere but nobody is being sacked, doesn’t that tell you all you need to know?

cococandy:
If he used California to compare, he’ll also have to use California minimum wage to do the calculations. Which will still come out to similar numbers.

He used minimum wage of around 7 dollars to calculate it. The lowest dirt paid Californian makes 3x that.

You must not know how percentages work.

Are you happy paying that exorbitantly for petrol? Why defend the indefensible

DiamondsAreFore:
So this is what qualifies as intelligence in the South West?😂

cococandy:
It’s not emotional to not want to overpay. Far more than your wage can afford for petroleum

I’m convinced you guys just see a female monicker and the first thought that comes to your head is “emotional”. Whether it’s applicable or not.

That’s not very common-sense-having of you

madridguy:
Same region your people are dying to come.... SW will remain your dream place to live 1000 years to come.
Your children want to come to SW for school.
Your elders want to come to SW for medical attention.
Your graduate want to do their NYSC in SW.
Your ladies want to marry from SW to avoid drinking corpse water should be incase of death.

COMPAQ:
Which wealth? Nigeria federal budget is $23bln. Add states and local government, it's $35bln.

Texas budget is $200nln.
America defence budget is $900bln

Which Nigeria is wealthy!?

Of our population were 15mln, then maybe we could be called wealthy. Not with 230mln people to cater for.

AfonjaConehead:
That thing is not from the SW,he's an abboki nama...

greenermodels:
Calling Nigeria a zoo is an understatement, this country is worse than any any name you can think to describe it, I don't think it would ever get better because not only is it in a state of criminal capture by heartless criminals in power but the people are too blinded by religion and tribalism, my only hope now is Biafra.

SmartPolician:
It takes a lot of hard work, creativity, sacrifice and patriotism to be as populated as America and still be functional and powerful. This is a milestone that Nigeria can never achieve with her kind of leaders and followers.

Moving on, nobody should be comparing the price of pms in Nigeria to that of America because no country in the world has more crude oil than America. Yet, they are still buying from others just to preserve it for the unborn generation and for times of uncertainty.

CodeTemplarr:
The analysis doesnt touch the pressing issues. How many businesses will stay afloat if they start paying just equivalent of $500/month of minimum wage?
Even govt may have to sack over 80% of the visibly idle civil servants they employ.
The informal sectors are largely manual driven and largely unprepared for the kind of productivity that will sustain even $500 minimum wage. We are still doing theoritical manipulation and have not started yet.

madridguy:
Same region your people are dying to come.... SW will remain your dream place to live 1000 years to come.
Your children want to come to SW for school.
Your elders want to come to SW for medical attention.
Your graduate want to do their NYSC in SW.
Your ladies want to marry from SW to avoid drinking corpse water should be incase of death.

helinues:
Come down to Nigeria and stop wailing from afar

This Farooq is just so inconsequential that he has no influence ordinary his family not to tan of his loca government but for his mind, he has ideas

helinues:
Come down to Nigeria and stop wailing from afar

This Farooq is just so inconsequential that he has no influence ordinary his family not to tan of his loca government but for his mind, he has ideas

Great0ne1:
Idiat !! Address the points he raised and stop acting like a clown

Great0ne1:
Idiat !! Address the points he raised and stop acting like a clown

cococandy:
First of all that was a question. You didn’t reply before you started asking me about smugglers. I was genuinely asking what’s the cost of petrol to Nigerians compared to the surrounding countries who I’m inclined to believe have similar economies. Is it cheaper or not for Nigerians? I’m truly asking because I don’t know.

As for your question. If someone smuggles petrol, it might not necessarily be because they’re going to sell it more expensive elsewhere. It might be because they got it from illegal sources in Nigeria and can’t sell there. Maybe due to licensing issues or they don’t have the infrastructure to distribute it to end users. So they smuggle wholesale to people who will sell it elsewhere. Either way they make their profit because they are part of class who can get it for cheap or next to nothing. People who can smuggle petrol have connections. The end consumer doesn’t have that privilege.

GloriousGbola:
So a simple example from way back.

Petrol has always been cheapest in lagos compared to other states.for several reasons. During fuel scarcity in the 1990s and 2000s a lagos based petrol station dealer in lagos could order a truck from a retailer and pay a million. The next thing he would be told the truck has been 'diverted' to kano. In kano the truck can sell for twice or thrice the cost in lagos. They give the dealer back his money, add maybe 500k on top. Everyone in the transaction is happy but customers in lagos are slapped with fuel scarcity.

This has been going on for decades and as long as there is an imposed price of petrol that is not consistent with its true market price, there will be issues of smuggling.

There is too much money to be made and Nigerians across the entire chain only want to get paid. Be it officials, security agents - anyone who can intervene to stop it. It is actually a Nigerian story. Any measure to ensure sanity in a system is defeated by Nigerians themselves.

SmartPolician:
It takes a lot of hard work, creativity, sacrifice and patriotism to be as populated as America and still be functional and powerful. This is a milestone that Nigeria can never achieve with her kind of leaders and followers.

Moving on, nobody should be comparing the price of pms in Nigeria to that of America because no country in the world has more crude oil than America. Yet, they are still buying from others just to preserve it for the unborn generation and for times of uncertainty.

GeneralPulal:
What about the California Tax? Do we pay the same Taxes with California?

If we don’t, why do you expect we pay the same minimum wage?

nairalanda1:
Nigeria is a broke country. Saying that does not mean I condone the stealing that happens at the top, oga.

Grow up.