In News by Oluwaseun Samuel on the 02nd, October, 2020

“Evaluating Nigeria With Saudi Arabia Is Ridiculous”

"Comparing Nigeria With Saudi Arabia Is Ridiculous"


President Muhammadu Buhari

After President Muhammadu Buhari in contrast the gas value between Nigeria and Saudi Arabia throughout his Independence Day tackle on Thursday October 1, the Commerce Union Congress of Nigeria (TUC) has condemned his speech.

President Buhari in contrast the oil value in Nigeria to these of neighbouring international locations and even Saudi Arabia, arguing that it is mindless for oil to be cheaper in Nigeria than it’s in different oil-producing nations.

Buhari mentioned, “Petroleum costs in Nigeria are to be adjusted. We promote now at N161 per litre.

“A comparability with our neighbours will illustrate the purpose. Chad which is an oil-producing nation prices N362 per litre. Niger, additionally an oil-producing nation sells 1 litre at N346.”

“In Ghana, one other oil-producing nation, the petroleum pump value is N326 per litre.”

Egypt prices N211 per litre. Saudi Arabia prices N168 per litre.”

“It is mindless for oil to be cheaper in Nigeria than in Saudi Arabia”.

The President of the TUC, Quadri Olaleye, has now criticized Buhari for his feedback, saying Nigeria shouldn’t be in contrast with different international locations because the nation had achieved nothing regardless of six a long time of oil exploration.

He alleged that successive governments had looted, laundered and wasted the nation’s sources whereas patronising hospitals outdoors the nation.

Olaleye mentioned, “It is like evaluating black and white. It’s that dangerous!

“It’s ridiculous to match Nigeria with Saudi, Dubai, or some other nation, not even in Africa. With the pure sources that we have now, we may rule the world, however authorities is just not . There isn’t a want for this comparability as a result of it appears to be like just like the president is defending fraud and the impoverishment of Nigerians.

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“Come to consider it, what has Nigeria achieved with all the cash made out of oil since over six a long time of oil exploration in business high quality? Nothing. Completely nothing. All successive leaderships have finished is loot, launder and purchase properties in international land.

“So, if the president is defending the hike (in pump value), what does he need to do with the excess they’ll make from the hike? The identical outdated story of offering infrastructure! Our roads are nothing however loss of life traps. Our leaders are usually not patriotic in any respect.”

“In Saudi Arabia, roads, water, and to some extent, jobs weren’t huge points.

“Then again, Nigerians deal with estimated payments as a result of energy companies had refused to offer meters,” Olaleye added.

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