Post by Nelson Pemu (@pemunels)
“In Naira terms, A liter of fuel in Iran cost 38 Naira, in Libya, 32 Naira, in Saudi Arabia 823 Naira, in Nigeria, 1400.
Minimum wage in Iran is 165k Naira, in Libya 210k Naira, in Saudi Arabia1.4 million Naira, in Nigeria 70k”
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Gladden Ngozi: Nigeria still has a long way to go.
Francis: That is Nigeria for you
Felix: The painful part is not just the fuel price, but the gap between what people earn and what it costs to survive; ₦70k minimum wage against ₦1,400 fuel puts the pressure into perspective.