₦airaland Forum

Flangelo12:
Man wey no get sense.

He agrees it is double the price in Europe, yet he insists it should be lower in Nigeria for the kind of country it is.

Why didn't he say it should be lower in Europe?

Once una see oyinbo, you don get validation be that.

helinues:
We are talking about the rate of fuel in both Nigeria and Europe not the standard of living. How much is a rent in Europe compared to Nigeria

TheGoodJoe:
Minimum wage in a day in Europe is more than double the minimum wage a month in Nigeria. Yet you don't think it is heartless for us to pay about half the price of their diesel price in Nigeria?

TheGoodJoe:
You can't compare. Minimum wage a day in Europe is more than double our minimum wage a month here. So what are you arguing? You guys can defend the bad thing.

TheGoodJoe:
13 euros an hour, is crazy when it comes to purchase of diesel. That is like 20,000 an hour and meaning in 4 hours he can make 80,000 to buy the amount of diesel in that video. Which is more than our monthly minimum wage. Yet he called it expensive. Then think of the burden on Nigerians.

Flangelo12:
Man wey no get sense.

He agrees it is double the price in Europe, yet he insists it should be lower in Nigeria for the kind of country it is.

Why didn't he say it should be lower in Europe?

Once una see oyinbo, you don get validation be that.

Michaelmercy:
The annoying thing is people like you will see and know the truth but won’t say it and na God go judge una.

In Germany for example, a litre of petrol is 2.1 Euros. Their minimum wage per hour is Averagely 13 euros. 1 hour of minimum wage work will get you 6.4 liters
In Nigeria, our minimum wage is 70k monthly, Less than 400 naira per hour and petrol is currently almost 1400, that means you have to work 4 hours to buy a liter of petrol.
Note: Average Germans don’t depend daily on petrol as we Nigerian does also note Germany is not even an oil producing nation .

You people no suppose end well

DickenClarq:
Please he should mention the part of Europe Nigeria fuel is " way more expensive" than?

Except I don't understand his accent

I bought fuel 1290 Naira per liter this morning and that is not up to 1dollar or 1Euro.

Please we shouldn't believe what everyone post on the internet because it is a white man.




man God help us

helinues:
The very good thing is , Nigerians have been monitoring how the opposition supporters precisely have been coming up with anything fake to undermine this government.

Why should any sensible person believe the nonsense the guy said

A litre is not even up to a dollar in Nigeria while €1 is higher than $1.

Flangelo12:
Are you OK at all?

Oil is a global commodity.

We would sell at market rate.

Ours is cheaper than found in Europe yet foe some reason, you have an issue with it.

Abeg getat.

helinues:
Must you people lie ridiculously to back up your argument

Hotel accomodations expensive in Nigeria than in Europe, where did you get data from

Michaelmercy:
You are the one not okay chief,
Compare Nigeria oil price to prices in other oil producing Nations.
Now Compare Nigeria oil price to the same oil price they are selling it overseas with a better standard of living..
it’s not life you are living

Flangelo12:
Man wey no get sense.

He agrees it is double the price in Europe, yet he insists it should be lower in Nigeria for the kind of country it is.

Why didn't he say it should be lower in Europe?

Once una see oyinbo, you don get validation be that.

Omowale2023:
How many European countries expect from Russia have oil like Nigeria?

vislabraye:
That's the fact

Especially Seyi Law and Bongo Lee that visits DF live.

Flangelo12:
You mean the European who is paying times 2 in his country is right to expect ours to be cheaper?

Yet he buys, avocado, banana, his staples at 6 times the cost in his own country.

Get real.

Flangelo12:
Most of you act completely ignorant.

Is it hate or your willingness to live in a world of illusions?

The price of fuel would NEVER be cheaper than it is today.

Once oyinbo tells you something, it is gospel
Where did you go in Europe that they made you think fuel is as cheap as chips?

TheGoodJoe:
Too expensive for Nigerians. He stated it clearly.

TheGoodJoe:
This is just a rant. The point is simple. Their minimum wage in a day is twice Nigeria's in a month. Simple. You can keep fuel at half their rate. It is evil.

Flangelo12:
That means the average European csn afford a house and swimming pool.

Flangelo12:
Because he lives here, abi?

Flangelo12:
Man wey no get sense.

He agrees it is double the price in Europe, yet he insists it should be lower in Nigeria for the kind of country it is.

Why didn't he say it should be lower in Europe?

Once una see oyinbo, you don get validation be that.

TheGoodJoe:
I don't know about that but a friend of mine in Europe goes on an expensive vacation every summer of his country. And this guy is just an average guy. I can't think of an average Nigerian feeding well today. There is nothing funny about incompetent and evil people in power.

TheGoodJoe:
We are one of the poorest countries in the world. That says it all.

anonimi:
Nigeria remains fourth largest economy in Africa despite rebasing

July 21, 2025

Nigeria has retained its status as the fourth largest economy in Africa despite a rebasing exercise that expanded the country’s gross domestic product (GDP).

The National Bureau of Statistics (NBS) announced that the economy expanded to N372.8 trillion ($243 billion) in 2024, down from N314.02 trillion in the prior year as more sectors in the informal economy were considered in its calculations.

The statistics bureau adopted 2019 as its base year away from 2010 that’s previously reported.

The rebasing exercise covers the period from 2019 to 2023 and reflects changes in the economy’s structure, sectoral contributions, and data sources.

Despite the overhaul, Nigeria fails to reclaim its erstwhile status as the largest economy in Africa.

According to the International Monetary Fund (IMF), South Africa remains the continent’s biggest economy with a GDP of $410.34 billion for a country with little over a quarter of Nigeria’s population.

Following the Southern African nation is Egypt with a GDP of $347 billion while Algeria maintains its third position having $268.9 billion as the size of its economy.

Although Nigeria’s economy grew 30 percent above the projected $188 billion estimate by the IMF this year, the rebasing was poised to place the economy as the biggest in Africa.

https://businessday.ng/news/article/nigeria-remains-fourth-largest-economy-in-africa-despite-rebasing/?amp