samkay12:
I don't mean to be rude but your post is so stupid and ignorant. Probably representative of yourself.

Did you also consider the minimum wage in those countries
Do you realise we use fuel for everything not just cars.
In Nigeria you need fuel to run a business. To pump water in your house. To watch TV. Things you wouldn't need fuel for in the countries you listed.

Some people don't think before spewing rubbish. Then again maybe they don't have a functioning brain.

Well

1.We are using fuel for running business and pumping water, etc. because since we privatised power in 2013....we have been paying power prices between N20-30 PER Kwh while power actually costs N53 per kwh to produce.

Government pays the power sector a subsidy, partally from government purse, partially from loans and grants to make things better

As a result, the power sector has been running at a loss.

Thus, we use fuel to pump water, power our business, etc...because we have refused as a nation to pay the actual price for power.

Even the recent increases means that power companes now lose N2 per kwh produced.


2.And he is right...the perosn you quoted. Ghana even pays a minnimum wage around the same as Nigeria.

aremuforlife:
I hope there will be lasting solution to the increment in crude oil refining and transportation after dangote refinery commence production.

A review of the pricing template showed the average price per ton of the commodity at about $561.96, or N169.22 per litre, while the average freight rate coat (North-West Europe to West Africa) of about $21.63 per ton, or N6.51 per litre
Above is where the increment is coming from, except if we are demanding for the return of subsidy , there is not the government can do, else, there will be scarcity of PMS

This is totally wrong. Landing cost has been there since abi don't they pay those stuff before? What made it to increase?


Nigerians open your eyes and see why DANGOTE is he richest man. This is to further frustrate importer and pave ways for Dangote to scale.

This is evil

4 cylinder vehicle is the way now oo

On the other hand to answer some questions raised about why PPPRA still sets these prices despite say dem talk say dem don hands off, it is cos till now NNPC is still the sole importer of PMS. Marketers buy from the NNPC.

The painful thing about buharinomics is that whether the barrel of crude goes up or down, we wont feel any respite cos our currency is shit, and we import the PMS. So when crude oil drops, dollar is still high so landing cost is high, when crude goes up, dollar come still high, double jeopardy. No win in sight for the Nigerian. All because some bastards wrested power, promised heaven on earth, failed to do any of their promises, and some hopeless indidviduals thought it best to reward such incompetence with a second term. Not even 1 refinery revamped..1 pere! Na when Dangote and Bua refinery ready, una go hear wuen! we are just very conceited and selfish Nigerians, and truly we deserve what these evil clueless despots do, cos we put them there over and over again. Someone here was writing Amaechi 2023, Tinubu 2023..abeg who go survive go survive, who go chop go chop, who go starve make e starve. Dead and buried country!

Godarz:


Well

1.We are using fuel for running business and pumping water, etc. because since we privatised power in 2013....we have been paying power prices between N20-30 PER Kwh while power actually costs N53 per kwh to produce.

Government pays the power sector a subsidy, partally from government purse, partially from loans and grants to make things better

As a result, the power sector has been running at a loss.

Thus, we use fuel to pump water, power our business, etc...because we have refused as a nation to pay the actual price for power.

Even the recent increases means that power companes now lose N2 per kwh produced.


2.And he is right...the perosn you quoted. Ghana even pays a minnimum wage around the same as Nigeria.

Please extend your analysis to the other countries on the list. Don't stop at Ghana

Basher8583:


Below are the respective prices of fuel per liter in the various countries:
1. Germany - N700.23
2. UK - N706.11
3. US - N331.45
4. France - N735.42
5. Ghana - N384.58
6. Benin Republic - N347.32
7. South Africa - N437.45
8. Kenya - N439.99
9. Hong Kong - N998.17

So why you wan kill ya self

https://www.globalpetrolprices.com/gasoline_prices/

Can u pls compare minimum wage in those countries with Nigeria?
Can u pls compare salaries and allowances of political office holders in those countries?

Basher8583:


Below are the respective prices of fuel per liter in the various countries:
1. Germany - N700.23
2. UK - N706.11
3. US - N331.45
4. France - N735.42
5. Ghana - N384.58
6. Benin Republic - N347.32
7. South Africa - N437.45
8. Kenya - N439.99
9. Hong Kong - N998.17

So why you wan kill ya self

https://www.globalpetrolprices.com/gasoline_prices/

Some of you are just too dull in such an annoying way. It is people like you that give this evil govt the effrontery to continue to oppress Nigerians and do as they please. Now compare the minimum wage in Naira as you did for PMS price and the standard of living of these countries- same minimum wage most states are struggling to pay. The likes of Benin, Ghana and Kenya are not oil producing and depend on import, so it's understandably high but for God's sake this is an OPEC country.

Godarz:


Benin and Niger are at our level as is Ghana.....and fuel in all three countries is above N300 per liter.

yea i did mention benin as a slum, same with Niger, and same as Nigeria. GHC relative to the dollar is incomparable to the NGN to dollar bro. The question is in 2021 shd we be at the level of those dead small countries Niger and Benin? What do they have?? We have everything and are still languishing as those teeny weeny slums with nothing.

capitalzero:
Where are online hoodlums? Come and say something to defend your paymasters.

tagging them "HOODLUMS" is more like FAVOUR and EXALTATION, those people are worst than the DEVIL, but believe me' KARMA is just a mile away, this EVIL they supports will consume them one after the other soonest.

samkay12:


Please extend your analysis to the other countries on the list. Don't stop at Ghana

Why are you running away from Ghana

Besides, most of the other countries also have something Nigeria does not have...higher tax to gdp ratios. And part of the fuel price is government taxes....something we don't do here.

They earn more than we do, but they also get severely taxed...so much so that they complain heavily.

omonla10:
We cannot eat our cake and still have it.. This is purely due to subsidy removal which is self explanatory due to increasing crude prices..

But on d other side, we are yet to see d effect of subsidy removal.. Minimum wage is still too low probably around $70 per month..

In saner climes, fuel cost higher, but they can afford it cos they earn well..

I know one day, we will get it right in this country

Get what right in which country?

The earlier you know Nigeria is finished, the more peaceful your heart becomes.

Where are the darling daddy crew? Shit is about to hit the roof.

Basher8583:

Below are the respective prices of fuel per liter in the various countries: 1. Germany - N700.23 2. UK - N706.11 3. US - N331.45 4. France - N735.42 5. Ghana - N384.58 6. Benin Republic - N347.32 7. South Africa - N437.45 8. Kenya - N439.99 9. Hong Kong - N998.17
So why you wan kill ya self
https://www.globalpetrolprices.com/gasoline_prices/

what are the Minimum wage health care benefits employment rates dividends of democracy general economy food security level
of these countries listed before u compare their petroleum products levels.
mumu

Oyiboman69:
they're not lucky... Nigerians are extremely weak....

No, Nigerians are not weak. This administration just find a way to shut voices up!

I can remember when these same set of people protested when pump price was increased years ago, nobody shot at them or disperse them.

Try and protest under this administration, we know what will happen.

The only protest allowed is for pro-buhari, anything else is not allowed.

samkay12:
I don't mean to be rude but your post is so stupid and ignorant. Probably representative of yourself.

Did you also consider the minimum wage in those countries
Do you realise we use fuel for everything not just cars.
In Nigeria you need fuel to run a business. To pump water in your house. To watch TV. Things you wouldn't need fuel for in the countries you listed.

Some people don't think before spewing rubbish. Then again maybe they don't have a functioning brain.

You surpose collect school fees for schooling that dindinri

This country is being looted by just few.

Basher8583:


Below are the respective prices of fuel per liter in the various countries:
1. Germany - N700.23
2. UK - N706.11
3. US - N331.45
4. France - N735.42
5. Ghana - N384.58
6. Benin Republic - N347.32
7. South Africa - N437.45
8. Kenya - N439.99
9. Hong Kong - N998.17

So why you wan kill ya self

https://www.globalpetrolprices.com/gasoline_prices/

You're a big fool! Old useless man who because of peanuts have sold his conscience. How do you expect the poor populace to survive? Security, ZERO
Food security, ZERO, WE HAVE NEVER HAD IT THIS BAD SINCE INCEPTION OF THIS COUNTRY. I doubt this president can ever get praised after he vacates the Earth.

okeyglm:
Same people that were asking for removal of subsidy . are the same people who will crucify you if you ever remove petrol subsidy. I'm not in support of buhari regime but we can't continue subsidising petrol.

Has subsidy been removed? Mr. Supporter come out clean, you are supporting Buhari.....na all of us dey inside. A free market or deregulated sector will not have govt agency pegging price for marketers.

samkay12:
I don't mean to be rude but your post is so stupid and ignorant. Probably representative of yourself.

Did you also consider the minimum wage in those countries
Do you realise we use fuel for everything not just cars.
In Nigeria you need fuel to run a business. To pump water in your house. To watch TV. Things you wouldn't need fuel for in the countries you listed.

Some people don't think before spewing rubbish. Then again maybe they don't have a functioning brain.

You don't have to be rude. It is what it is. Currently we don't refine crude oil. We import it. Untill we start refining it while waiting for Dangote and BUA the price will never be in our favour.
No more subsidy. It's wasteful.

Gilbertase:
eyaa! You need to read more books o, cos it really shows. There is something called purchasing power parity, read about it small. They dont spend the worthless naira in those places. Find out also how much their own currencies are relative to the dollar, then juxtapose that with their minimum wage to see how much easier it will be for them to buy that 1litre, shey you get. All those countries, except benin republic, which is just another slum like nigeria (i used lower-case on purpose, they are that worthless)

This has nothing to do with books. You are just allowing your anger and sentiments to control your thinking faculty.

It is what it is. Currently we don't refine crude oil. We import it. Untill we start refining it while waiting for Dangote and BUA the price will never be in our favour.
No more subsidy. It's wasteful.

capitalzero:


Can u pls compare minimum wage in those countries with Nigeria?
Can u pls compare salaries and allowances of political office holders in those countries?

What is this one saying

Sheggy13:

Some of you are just too dull in such an annoying way. It is people like you that give this evil govt the effrontery to continue to oppress Nigerians and do as they please. Now compare the minimum wage in Naira as you did for PMS price and the standard of living of these countries- same minimum wage most states are struggling to pay. The likes of Benin, Ghana and Kenya are not oil producing and depend on import, so it's understandably high but for God's sake this is an OPEC country.

This has nothing to do with dullness. It's your emotions and sentiments control you at the moment

It is what it is. Currently we don't refine crude oil. We import it. Untill we start refining it while waiting for Dangote and BUA the price will never be in our favour.
No more subsidy. It's wasteful.

dbonks:



Has subsidy been removed? Mr. Supporter come out clean, you are supporting Buhari.....na all of us dey inside. A free market or deregulated sector will not have govt agency pegging price for marketers.

do you want subsidy or not. did the article said anything about paying subsidy. we want to remove subsidy but don't want to pay the price. is diesel and kerosene being subsidised ?.

Basher8583:


This has nothing to do with books. You are just allowing your anger and sentiments to control your thinking faculty.

It is what it is. Currently we don't refine crude oil. We import it. Untill we start refining it while waiting for Dangote and BUA the price will never be in our favour.
No more subsidy. It's wasteful.

eyaa pele. Keep waiting for Dangote and Bua. He will put una first just like he has done cement. As usu, your very insufficient knowledge of history and basic economics wont fail you like it did today.

I forgot to add.. rice is soo cheap now esp the local one..hurray! Dreamers. Shioor.

Baamisere:



You're a big fool! Old useless man who because of peanuts have sold his conscience. How do you expect the poor populace to survive? Security, ZERO
Food security, ZERO, WE HAVE NEVER HAD IT THIS BAD SINCE INCEPTION OF THIS COUNTRY. I doubt this president can ever get praised after he vacates the Earth.

Lol. Work harder. There's no food for lazy man. Is it not the Nigeria we dey? Im not into politics nor do I hold any ofice of such. You dont see me complaining.

Sense of entitlement is our problem in this country.

Basher8583:


What is this one saying

Can u pls compare minimum wage in those countries with Nigeria?
Can u pls compare salaries and allowances of political office holders in those countries?

MedicH:


what are the Minimum wage
health care benefits
employment rates
dividends of democracy
general economy
food security level

of these countries listed before u compare their petroleum products levels.

mumu

Control your anger. Those were sample countries. The link will give you a comprehensive list of other countries you may want to compare with. For example Angola is still within the range of aroung N100 - N120.

It is what it is. Currently we don't refine crude oil. We import it. Untill we start refining it while waiting for Dangote and BUA the price will never be in our favour.
No more subsidy. It's wasteful.

gurunlocker:


No, Nigerians are not weak. This administration just find a way to shut voices up!

I can remember when these same set of people protested when pump price was increased years ago, nobody shot at them or disperse them.

Try and protest under this administration, we know what will happen.

The only protest allowed is for pro-buhari, anything else is not allowed.

still, there is no citizens of any country in the world that will tolerate this hardship and insecurity from this useless administration... that's the reason why I said we're weak and fearful, a terrible combination.
South Africans won't tolerate half of what we're going through in this country before they'll born down the government but here,who wan die?

Gilbertase:
eyaa pele. Keep waiting for Dangote and Bua. He will put una first just like he has done cement. As usu, your very insufficient knowledge of history and basic economics wont fail you like it did today.

I forgot to add.. rice is soo cheap now esp the local one..hurray! Dreamers. Shioor.

Remain positive

guass:
In time of Jonathan, there were protests whenever there were fuel price increase. But now...

We move

Basher8583:


Control your anger. Those were sample countries. The link will give you a comprehensive list of other countries you may want to compare with. For example Angola is still within the range of aroung N100 - N120.

It is what it is. Currently we don't refine crude oil. We import it. Untill we start refining it while waiting for Dangote and BUA the price will never be in our favour.
No more subsidy. It's wasteful.

And you tactically did not include the same Angola in the list above.

You did not include Saudi Arabia
You did not include Iraq
You did not include Venezuela
You did not include UAE.

Have it in mind that the countries you earlier mentioned refine imported produced crude and produce PMS at a far better quality than the dirty and cheap fuel being imported in this country. Heck they even have PMS grades as per Octane rating.

And you think refining our crude will miraculously solve the problem currently experienced?


Well done.