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Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsBuhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia (38715 Views)

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Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by ogododo(op): 7:53am On Oct 01, 2020
The President, Major General Muhammadu Buhari (retd.), says it makes no sense for Nigeria to sell petroleum products at prices lower than those sold in neighbouring countries.

He made this known on Thursday morning while delivering a speech on the occasion of Nigeria’s 60th Independence Anniversary at Aso Villa, Abuja.

Buhari said, “Petroleum prices in Nigeria are to be adjusted. We sell now at N161 per litre. A comparison with our neighbours will illustrate the point.


“Chad, which is an oil-producing country, charges N362 per litre. Niger, also an oil-producing country, sells oil at N346 per litre. Ghana, another oil-producing country, petroleum pump price is N326 per litre. Further afield, Egypt charges N211 per litre. Saudi Arabia charges N168 per litre.

“It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia.”
https://punchng.com/it-makes-no-sense-for-oil-to-be-cheaper-in-nigeria-than-saudi-arabia-buhari/

Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by ogododo(op): 7:54am On Oct 01, 2020
Comes see this Papa oo
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by SLAP44: 7:56am On Oct 01, 2020
It also makes no sense for Nigerians to be living in squalor as compared to Saudi Arabia.

It makes no sense for Nigerians to be harassed daily by security agencies while Saudi people live like kings.

This government is quick to increase the suffering of their people while reducing freedom and benefits of being Nigerians.
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by ogododo(op): 7:59am On Oct 01, 2020
This man know this for 5 years, he de lie to us im go reduce am to N40?
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by haryorbarmie83(m): 8:00am On Oct 01, 2020
He make sense to you? Nigeria no be Saudi ooo
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by mariahAngel(f): 8:00am On Oct 01, 2020
They're always coming up with new excuses to generate more money to loot.
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by hisgrace090:
But it makes sense for Saudi Arabia to develope their land with oil money while Nigeria that loot theirs can't reduce the price of fuel for the people.


This guy's are proving from all angle that there's nothing for the ordinary man to enjoy.

They should remember there's God O!
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by Enudapan: 8:01am On Oct 01, 2020
Nah eh! No qualms
This is so unsophisticated

You forgot about exchange rate
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by Iyoocartel(f): 8:01am On Oct 01, 2020
Iyooooooo cartel

But it makes sense if fulani herdsmen goes about Savaging people farm with their herd of cows and being granted special treatment and immediate bail when arrested and Boko haram members who are responsible for the death of thousands of people being granted rehabilitation and allowed back into the society.
Buhari you're the biggest fool in the universe.
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by ogododo(op): 8:02am On Oct 01, 2020
haryorbarmie83:
He make sense to you? Nigeria no be Saudi ooo
Saudi de give their people palliatives and good conditions of living, good roads, hospitals and so on; wetin we get for here.
These bolos dem de try our patience!
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by haryorbarmie83(m): 8:04am On Oct 01, 2020
ogododo:
Saudi de give their people palliatives and good conditions of living, good roads, hospitals and so on; wetin we get for here.
These bolos dem de try our patience!
what they're looking for is another means to steal Nigeria money. Bunch of theives
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by sapientia(m): 8:05am On Oct 01, 2020
Moronic NLC should come and see
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by Ajibel(m): 8:06am On Oct 01, 2020
Does that mean even with the coming on stream of dangote refinery, fuel won't be sold cheaper?
Ahh cry
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by SoftP(m):
Unfortunately he won’t be alive in next 35years.
If only they can buy life

Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by Ehiscotch(m): 8:07am On Oct 01, 2020
I was also stunned by the comment. Trying to draw comparison wasn't bad as Saudi is miles ahead of Nigeria in its oil industry but saying "it makes no sense" was a bit off for me.

I know in my rational mind that oil subsidy removal should have been done long ago but the situation of Nigerians is so bad that such a good policy seems so bad and ill-timed right now.

#WeWillGetThere.
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by ogododo(op): 8:08am On Oct 01, 2020
haryorbarmie83:
what they're looking for is another means to steal Nigeria money. Bunch of theives
All dem pikins go suffer for stealing our commonwealth
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by Marine54(m):
Hypocrised, do you say that during GEJ era !

Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by MrALIVE: 8:12am On Oct 01, 2020
Only God will punish you Buhari
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by BeeBeeOoh(m): 8:12am On Oct 01, 2020
With the way this Buhari reasons at times I'm sure he must be an underground Marlian.

Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by omowolewa: 8:14am On Oct 01, 2020
Okay, now we know where we are going
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by Rugaria: 8:25am On Oct 01, 2020
The disposable income of an average Saudi middle class citizen is as high as a typical riich person in Nigeria. Increase the disposable income here, put more money in the pockets of ordinary Nigerians then try asking them to pay the same amount for similar services elsewhere. First thing, first..
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by ERockson:
What is the minimum wage in Saudi compared to Nigeria. How many litre of petrol will the whole salary of a least civil servant buy compared to the Saudi. The average Saudi can afford the price,Our president is a bunch of incompetence and a wicked soul
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by ogododo(op): 8:27am On Oct 01, 2020
Rugaria:
The disposable income of an average Saudi middle class citizen is as high as a typical riich person in Nigeria. Increase the disposable income here, put more money in the pockets of ordinary Nigerians then try asking them to pay the same amount for similar services elsewhere. First thing, first..
Lalasticlala I no understand ooo, minimum wage for Saudi Na $2500
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by Ironman3(m): 8:28am On Oct 01, 2020
Shame on us
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by ABELKIDO(m): 8:38am On Oct 01, 2020
So, all what you promised before you came on board were all sacahmarnje
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by Umunede(m): 8:44am On Oct 01, 2020
It makes no sense for all those countries to have 24hrs power while Nigeria has darkness. Those countries, individuals and companies don't spend on fuel to power their homes and industries.
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by Jermat20(m): 8:45am On Oct 01, 2020
Once upon a time there was a country called Nigeria,
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by Ironman3(m): 8:46am On Oct 01, 2020
E don happen
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by Stalwert: 8:46am On Oct 01, 2020
[s]
SLAP44:
It also makes no sense for Nigerians to be living in squalor as compared to Saudi Arabia.

It makes no sense for Nigerians to be harassed daily by security agencies while Saudi people live like kings.

This government is quick to increase the suffering of their people while reducing freedom and benefits of being Nigerians.
[/s]

The same person support PDP looting and criminality, like a country can develop with such levels of theft.
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by FarahAideed:
Very senseless Man !!!! It also makes no sense for the for the minimum wage in Saudi Arabia to be 10 times higher than the minimum wage in Nigeria ...The minimum wage in Saudi Arabia is 305,000 Naira while the minimum wage in Buharis Nigeria is 30 thousand naira and it's not even being honored by most states
Re: Buhari: It Makes No Sense For Oil To Be Cheaper In Nigeria Than Saudi Arabia by Stalwert: 8:49am On Oct 01, 2020
[s]
Umunede:
It makes no sense for all those countries to have 24hrs power while Nigeria has darkness. Those countries, individuals and companies don't spend on fuel to power their homes and industries.
[/s]

Those countries build their grid over a long period of time, they don't do ipob logic that praises looting and defends the shameless privitization of NEPA to the abhorrent reprehensible discos, whose agreement see Nigeria paying private companies bailout for not selling power at the price they choose.
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