Africa's Cheapest Petrol Prices (₦/Litre) - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › Africa's Cheapest Petrol Prices (₦/Litre) (17207 Views)
| Africa's Cheapest Petrol Prices (₦/Litre) by BlackViper(op): 11:40am On Sep 05, 2025 |
AFRICA'S CHEAPEST PETROL PRICES ((₦/LITRE)https://x.com/StatiSense/status/1963665406951866578?t=5TPOFAVYrMHoyLj8J2ewzw&s=19
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| Re: Africa's Cheapest Petrol Prices (₦/Litre) by brain54(m): 11:59am On Sep 05, 2025 |
Imagine Libya... Those guys are balling there. The difference between them and the second -angola is wide. Angola is also an oil producing country like Libya! |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by chicfarmer: 12:10pm On Sep 05, 2025 |
Nigeria should be paying similar prices to fellow oil producers like Angola and Algeria。 |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by Xscape1993(m): 12:25pm On Sep 05, 2025 |
When that tout, agbero, a well known drug baron and certificate forger came into power, everything changed..... |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by Ikaeniyan0: 12:25pm On Sep 05, 2025 |
chicfarmer:If the naira can appreciate to like 500/$, we will even be buying it cheaper. |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by Mynd44(mod): 3:53pm On Sep 05, 2025 |
chicfarmer:Why? |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by Lazy9jaYouth: 3:55pm On Sep 05, 2025 |
If not for the likes of Dangote, imagine Angola? It is well |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by Bullfallo(m): 3:55pm On Sep 05, 2025*. Modified: 4:16pm On Sep 05, 2025 |
If you check our devaluation retio you will know that its not cheap in Nigeria. You are using exchange rate when you know the Naria have been devalued and which brought Nigerians down into were we are today and hardship. |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by NaijaGoBetter2(m): 4:00pm On Sep 05, 2025 |
Please show us the minimum wage of each country maybe the comparison will make sense |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by oluwaseyi0: 4:00pm On Sep 05, 2025 |
This doesn't make sense after subsidy removal nd |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by Dynamicboss: 4:00pm On Sep 05, 2025 |
Mynd44:They are OPEC members like Nigeria. Though devaluation, fuel subsidy removal and high inflation no allow Naira see road |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by cjudy(m): 4:01pm On Sep 05, 2025 |
I thought Nigerians are buying at 880? Why reducing it? |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by oluwaseyi0: 4:01pm On Sep 05, 2025 |
If Libya is 43 naira can't we import massively from there ? |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by Dynamicboss: 4:02pm On Sep 05, 2025 |
oluwaseyi0:Marketers import from there na. Though capacity of production cannot cater for naija needs and will threaten our local refinery. |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by Odobaone: 4:02pm On Sep 05, 2025 |
Na the headlines i no like pass be this. Talk one talk 2 them go compare. Do they compare welfare of citizens, per capital income and minimum wage too? |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by Sirleo05: 4:02pm On Sep 05, 2025 |
Some people ( celebrities paid to talk rubbish) will come now and start telling us our fuel is cheap. But what they will not compare is the minimum wage across other countries |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by BlackViper(op): 4:02pm On Sep 05, 2025 |
Because we have larger oil reserves than them and we can produce more if we had the refining capacity Mynd44: |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by deavicky(m): 4:02pm On Sep 05, 2025 |
BlackViper: |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by oluwaseyi0: 4:03pm On Sep 05, 2025 |
Dynamicboss:and then resell at how much? Because if we import from there the price per litre should be max of 150 |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by Biodun1929(m): 4:05pm On Sep 05, 2025 |
I'll have to investigate that Libya price. I find it very hard to believe. |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by omoadeleye(m): 4:07pm On Sep 05, 2025 |
I'm guessing that they don't use enough cars at all in Libya |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by ExudeLoveToAll: 4:07pm On Sep 05, 2025 |
oluwaseyi0:You expect to buy at same rate as local consumption that is subsidized? Wake up from your dream |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by cunny88(m): 4:09pm On Sep 05, 2025 |
The countries with high cost of fuel per litre, do they have crude oil as natural resources? Comparison with other members of OPEC lets know how prudent our govt is. |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by dalass(f): 4:11pm On Sep 05, 2025 |
brain54:Is Egypt an OPEC country? I'm not sure though....Their fuel price is cheaper than Nigerian own |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by blueghost(m): 4:12pm On Sep 05, 2025 |
...Also do a statistics purchasing power of each country side by side |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by Ijaya123: 4:14pm On Sep 05, 2025*. Modified: 4:31pm On Sep 05, 2025 |
brain54: Biodun1929: omoadeleye:Libya, Angola and Algeria are still subsidizing petrol unlike us. And it is a lot easier to subsidize petrol in Libya which is a country of less than 8m people. Meanwhile, Angola is already has started gradual removal of subsidy and see the outcome in the image below. NaijaGoBetter2:Is it minimum wage that determines the pump price of petrol in the world? Odobaone: blueghost:You can create another thread and help compare the factors you listed up here.
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| Re: Africa's Cheapest Petrol Prices (₦/Litre) by Usmanovic95(m): 4:22pm On Sep 05, 2025 |
oluwaseyi0:I think it could be a subsidize rate for the citizen alone. |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by Deepthoughts: 4:28pm On Sep 05, 2025 |
BlackViper: |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by BlackViper(op): 4:28pm On Sep 05, 2025 |
Even if you did that, the global price of barrel of oil is still the same for everyone blueghost: |
| Re: Africa's Cheapest Petrol Prices (₦/Litre) by maxiuc(m): 4:32pm On Sep 05, 2025 |
Nigeria should be in the league of Angola this country Nigeria needs a manager not a politician |
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