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The Federal Government has said that it does not make sense for oil to be cheaper in Nigeria than Saudi Arabia, Egypt, Niger Republic and Republic of Benin, other oil-producing nations.
This was disclosed by President Muhammadu Buhari during his Diamond Jubilee Presidential Broadcast to mark the nation’s 60th independence anniversary on Thursday.
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He said, “We sell petrol at N161 per litre when same is sold at N168/litre in Saudi Arabia, N211/litre in Egypt, N362/litre in Ghana, N362 in Chad, and N346 in Niger Republic among others.
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“It does not make sense for petrol to be cheaper in Nigeria than Saudi Arabia.
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“Fellow Nigerians, to achieve the great country we desire, we need to solidify our strength, increase our commitment and encourage ourselves to do that which is right and proper even when no one is watching.”
I will like to know from the president if the situation of citizens and oil production in the countries he mentioned are same with Nigeria. Very disappointing we have very insensitive leaders. Nigerians are terribly unfortunate to have elected those who hate them and regulates affairs of our nation in ways that life become so difficult here than countries that do not have one tenth of the resources God blessed us with.
Pls dont ever compare Saudi Arabia with Nigeria,when saudia is doing anniversary,they spent how many years they are not taking light in single one hour.
Dear Mr President @MBuhari ,
Please it does not make sense for Saudi Arabia to be paying ₦460,000 as minimum wage while you pay ₦30,000! Kindly pay Nigerians same minimum wage as Saudi Arabia and make fuel ₦500 they will pay
I want to believe that statement credited to the President is false and a distortion of what he really said.
But if it’s true he really said that in the face of his position to know and understand the standard of the economy in Saudi Arabia, minimum wage pay, their lights,roads and other basic infrastructure and amenities in that country and still made that statement, then it’s very unfortunate that I voted for him to be my president. It then means that this country is doomed and I sincerely regret that my vote.
Saudi Riyal is 1 to 100.50 naira. Hence, a litre of fuel in Saudi Arabia is not up to 100 naira
If true the president said so, it totally wrong…….
WHILE A REFINERY KEPT ON PAYING STAFF SALARIES FOR PEOPLE DOING NOTHING AND GENERATED ZERO NAIRA FOR A WHOLE YEAR. Has he ever compared the security, comfort and infrastructure in Saudi with his Nigeria?
We sell petrol at N161 per litre when same is sold at N168/litre in Saudi Arabia, N211/litre in Egypt, N362/litre in Ghana, N362 in Chad, and N346 in Niger Republic among others. It does not make sense for petrol to be cheaper in Nigeria than Saudi Arabia.” – In as much as I see reason with the need for petroleum subsidy removal Megida Excellency Buhari, I ask with extreme humility and without prejudice Sir, does it make sense for our living standard and ruling elites accountability to be less than that of Saudi Arabia?
It very clear that our president is deficient in economic analysis and governance.
So sad, it’s not a comparison of apples versus apples
It’s very unfortunate to hear such a statement from our well respected PMB comparing Saudi economy with our corrupt economy where nothing is working. Mr President should go and check the inflationary rate and cost of living in Saudi Arabia compare to Nigeria if he’s not going to bury his head in shame. Our deliberately turned everybody to a pauper with foolish policies.
Now we can all see why it is good to be patience with each other and think it black and white before shouting or taking any opposition action, all the things that A.P.C condemned during the GEJ administration is the practice of the day, it bites even harder than we can imagine, the cry of the people today is as good as “Bring Back Our Jonathan” things that all Nigerians use to benefits before is now available for the few. We need an enabling environment to enable us cope with such 200% sudden increase in price of everything
You knw about this buh you don’t knw their payment to their citizens, Your shame is affecting vry serious here your party nd ur government is evil nd wicked