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Nigeria Petrol Is The Most Costly In The Whole World. - Politics - Nairaland

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Nigeria Petrol Is The Most Costly In The Whole World. by fineboynl(m): 7:34am On Feb 21
Nigeria petrol is the most costly in the whole world. It's just because of inflation. At when it was 198 it was the most expensive in west Africa. What we were facing it was just inflation.

When Jonathan left official exchange rate was N170. And pump price was N87.

Buhari remove the fuel subsidy completely and it was N143.

What Nigeria have been experiencing was nothing but inflation.

Then again buhari remove partial subsidy again And it was 195.

Since then the inflation has been massive and leaving more Nigeria in punary.

The APC is comparing fuel price with neighbouring countries as been the cheapest which is not true. It was only hyper inflation.

Tinubu remove subsidy and NNPC put the price at 550. Shortly the exchange rate went up again. And NNPC adjust the price to 670.

I was one of those who have been saying subsidy cannot be gone forever as far and there is hyper inflation. Today again there is a petrol price review which might enter 1400.

If we compare the exchange rate of 200# as at the last minimum wage to a dollar you will see Nigeria petrol is the most costly in the whole world.
Re: Nigeria Petrol Is The Most Costly In The Whole World. by Achor1111(m): 7:46am On Feb 21
Price of fuel keeps on changing morning, afternoon and night.
Re: Nigeria Petrol Is The Most Costly In The Whole World. by hisgrace090: 7:47am On Feb 21
Pure truth!
Re: Nigeria Petrol Is The Most Costly In The Whole World. by Cassandraloius: 8:07am On Feb 21
I tire for everything wey concern Nigeria.

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