President Buhari’s Independence Day speech has received some level of criticisms and one part of the speech that Nigerians on Twitter are reacting to is the fuel price comparison with oil rich Saudi Arabia.
The President, in his speech justified the increase in fuel price in the country as he compared it to the prices of countries like Saudi Arabia, Chad, Ghana and other countries.
He said;
In the circumstances, a responsible government must face realities and take tough decisions.
Petroleum prices in Nigeria are to be adjusted. We sell now at N161 per litre.
A comparison with our neighbours will illustrate the point;
Advertisementa.Chad which is an oil producing country charges N362 per litre
b.Niger, also an oil producing country sells 1 litre at N346.
c.Ghana, another oil producing country, petroleum pump price is N326 per litre.
AdvertisementFurther 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.
However, Nigerians believe that the condition of living in those countries especially Saudi Arabia is far better than what Nigeria have.
See reactions 👇
President Buhari forgot to mention that the minimum wage in Egypt is higher than Nigeria's. He also forgot to mention that minimum wage in Saudi Arabia is 10x Nigeria's.
I don't know why a president would be saying those things on Independence Day.
What affliction is this?
Advertisement— Alhaji Ògògó FOR PITOBI 🐺 (@akintonmide) October 1, 2020
So Fuel wasn't more expensive in Saudi Arabia back in 2012?. Werey dey disguise
Advertisement— Ayobami (@dondekojo) October 1, 2020
Minimum Wage in Saudi Arabia: 3000 Riyal = 305,805 Naira
AdvertisementMinimum Wage in Nigeria = 30,000
And your “president” says “alaye double your hustle, no be your mates dey pay?”
Omo the angel that directed me to be born in Nigeria, when i die, just run cause… #Nigeria60AndUseless https://t.co/5qzIevOZHx
Advertisement— R.E.M.Y ☥ (@iam__remy) October 1, 2020
Today, Buhari justified his oil price surge by citing Saudi which charges N168 and said “It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia.”
AdvertisementBut he forgot to mention that the minimum wage in Saudi is R3,000 which is N305,126.
Pay N305,126. We’ll pay N168.
— Bulama Bukarti (@bulamabukarti) October 1, 2020
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Minimum wage is Saudi Arabia is 3000 riyals and that’s over N300,000 sir. It makes sense to charge N168 per liter there but in Nigeria, minimum wage is N30,000. Does it make sense to charge N161 per liter?? https://t.co/KjYVWHd7BS
— The Hair Plug (@Msmenalicious) October 1, 2020
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https://twitter.com/DannyWalta/status/1311582041356537856?s=19
What?
“It makes no sense for oil to be cheaper in Nigeria than in Saudi Arabia”
What kind of statement is this? Should we then compare minimum wage, cost & standard of living, infrastructure & others?
Who wrote this? https://t.co/3jrWtBUb1jAdvertisement— S T A T E S M A N (@Mister_Mash) October 1, 2020
Saudi Arabia's minimum wage is roughly $630 per month.
AdvertisementNigeria's minimum wage is $65.
This one makes sense? https://t.co/ejcj5tlMKi
— mayowa. (@Wana____) October 1, 2020
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General @MBuhari‘s Independence Day broadcast said “It makes no sense for oil to be cheaper in Nigeria than in S Arabia.” Does Saudi Arabia have 10 Presidential jets, like him? Do they budget $500 million to renovate NTA? Or give their NASS ₦140 billion a year?#BuhariTormentor
— Reno Omokri (@renoomokri) October 1, 2020
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With the Kind of Social safety nets in Saudi Arabia and other gulf states, who's the idiot that wrote this speech?. Anyway… Congratulations to everyone involved. https://t.co/XNBGWc3rRG
— Ayobami (@dondekojo) October 1, 2020
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