Dig it well and you will see APC behind its propagation just to justify their malfeasance

Still expensive

post=74844220:
And for 16 years they raped our nation blindly.
They shared the billions among themselves.
All corrupt and evil politicians will never go scot free.
They will all end painfully in this life.

so Nigeria is 16 years old?

flyca:
Why didn't you dig out this statistics when fuel was selling at N87?

How many oil producing nations sell more expensive than us?

Is Zon-B-ism the best work you can do in this world?

these re fact..... Stop talking trash all time

U don't mean it

So who consume most BTW 1 to 6 .... No good train , no good light etc and all diz will make us consume more petrol ...... Open ur eyes padi and don't let them format ur brain but yet I won't still vote for PDP

veraponpo:

It is N900/litre in the US

It is about N500/litre in Ghana

Is US producing Oil?


NO!!!...

More so, average Nigerians work for 12hrs to get #1000 but in US, an hours gonna give you 5k equivalent!!...

So, lock up bruh

ojialo:
so Nigeria is 16 years old?

No, you are, obviously!

How much in salary per month does an average worker receive - that should be the basic consideration.

This kind of report vexes me

Because doesn’t take into consideration that Purchasing power of Nigerians is one of the lowest in the world

Even as they say PMS in Nigeria is the cheapest in the world .it is very expensive to millions of Nigerians living in abject poverty

Highbhee:




Is US producing Oil?


NO!!!

Why don't we value knowledge in this country. You're shouting no but you're 100% wrong

That's good. Let it be like that until the majority of the citizens of this country can begin to enjoy some other real benefit of being a citizen of one of the largest oil producing nations. In a country we are still arguing about paying N30,000 (less than $100) a month as minimum wage, the IMF and other proponents for the removal of subsidy want us to pay what they are paying in America for petrol. They are not serious. If they want to increase the price of petrol, they should improve the economy.

post=74844220:
And for 16 years they raped our nation blindly.
They shared the billions among themselves.
All corrupt and evil politicians will never go scot free.
They will all end painfully in this life.

oga stop been a nuisance ok...tell me if most of the apc goons are not part of the 16years misrule you re talking about ...pls let's vote sowore he is better than your glorified dullard

megrimor:
So that's why they plan to increase it again?

Because we are selling fuel at N145 per liter when it costs N190 to import it.

The Government pays a subsidy...of about N45 per liter (sometimes as high as N65 per liter) ...to keep the price low. Problem is, it means NNPC just makes back the cost of importation, and does not make a profit.

Also paying subsidy is costing the government big time...and is not sustainable.

Highbhee:




Is US producing Oil?


NO!!!

So the United States is not producing Oil?

It seems the person you called durllard has infected your brain as well.

Google is your friend.

post=74844220:
And for 16 years they raped our nation blindly.
They shared the billions among themselves.
All corrupt and evil politicians will never go scot free.
They will all end painfully in this life.

Remember a supporter of evil no matter the reason is guilty of same. You can deceive yourself all you want and try to pacify your guilt by feigning good morals. Words are powerful. Be careful.

Why is Nigeria not having the cheapest price?
Abi dem swear for us?

shogosco:
its our right....not a big deal

..
You get Right ?

kenn4rill:
What if we start refining our own products, won't it be cheaper? Afterall it was more cheaper 4 years ago.

Well if we refined all the fuel weproduce at home...it would still cost at least N150 perliter....

4 years ago fuel cost N87 per liter...only in Lagos and Abuja. Landing costs was above N120 per liter. Govt was owing subsidy claims from 2012 because of increasing unsustainability.

[quote author=jchima14 post=74844305]Its is not just about the price, can you compare the GDP of those countries with that of Nigeria?



Spot on. It's unwise and unfair to compare prices of fuel in different countries but rather, we should consider the standard of living of such countries. Compare it with the minimum wage of Nigeria. What is the purchasing power of the naira.

timunstopable:
This kind of report vexes me

Because doesn’t take into consideration that Purchasing power of Nigerians is one of the lowest in the world

Even as they say PMS in Nigeria is the cheapest in the world .it is very expensive to millions of Nigerians living in abject poverty

Thank you. Petrol at N145 per litre is not in any way cheap to me. Almost every aspect of our economy is tied to PMS (electricity generation at home, electricity generation for small and medium sized businesses, public transportation of goods and services, private transport). Any misguided attempt to increase the price without addressing these issues will create undue hardship.

Oblongata:
PMS is expensive in Nigeria only because of the increase in dollar rate...

I like intelligent chaps ... you got the point

Government Agents on propaganda mode

Rekyz:
We should be at no1. No thanks to the Dullard.

No, I won't blame Bubu for this one.

The reasons why we don't have investment in new refineries is that subsidy means that marketers sell fuel below the production cost.

Meaning if someone comes in to build a refinery he or she would be selling at a loss to marketers...or marketers would be selling at a loss.

Yes, Dangote...but thing is, Dangote is not going to sell fuel to marketers below N150 per liter. Not with all the loans he has taken.

Petrol is cheaper in the USA than Nigeria. I don't know where this dumb OP got this post from. I hate it when people deliberately try to mislead others. cruelty at its peak.

I CANT WAIT TO BUY MY TESLA MODEL S

so how come The former parties ACN & CPC were complaining when it was #87 per litre. APC have come with their lies again. Now that its #145/litre they want us to believe ours is the 6th cheapest in the world. liars.

flyca:
Why didn't you dig out this statistics when fuel was selling at N87?

How many oil producing nations sell more expensive than us?

How many of these countries run their homes and businesses on PMS?

Lemme give you an example: An average family man “in a fuel expensive country” uses about 10 liters of petrol per month. Full is not scarce and thus not adultrated. Also it is well regulated. There are staff buses to take him to work. He also can use air-conditioned public transport to work. He needs no generator to power his apartmenr, or run his business. 10 liree

Now answer me: how many liters of fuel (on the average) does a family man need per month in Nigeria?

Is Zon-B-ism the best work you can do in this world?

You're very smart