‘Why can’t Nigerians buy petrol for N441-N872 per litre like, Saudi Arabia, others’ – Atiku questions Tinubu
The presidential candidate of the African Democratic Congress, ADC, and former Vice President, Atiku Abubakar, has questioned why Nigeria cannot sell Premium Motor Spirit, PMS, for between N441 and N872 per litre, like Angola, Kuwait, Saudi Arabia and the United Arab Emirates. Atiku made this known in a statement by his media team on Tuesday. […] ‘Why can’t Nigerians buy petrol for N441-N872 per…
Former Vice President Atiku Abubakar has expressed his frustration over Nigeria's high petrol prices, questioning why the country cannot sell Premium Motor Spirit, PMS, at a more affordable rate like Saudi Arabia, Kuwait, Angola, and the United Arab Emirates. In a recent statement, Atiku highlighted that despite Nigeria's minimum wage of N70,000, which is comparatively lower than the wages in these countries, the price of petrol remains near N1,400 per litre.
Atiku pointed out that Nigerians have been enduring higher transport costs, skyrocketing food prices, and increasing energy expenses for over three years. He questioned why the government took so long to realize that economic growth should benefit the people, not just the pockets of a few. The current petrol prices in Saudi Arabia, Kuwait, Algeria, and Angola are between N441 and N872 per litre, while in the UAE, they are lower than Nigeria's rates.
By selling petrol at roughly N1,400 per litre, Nigeria ranks around 164th globally, which Atiku believes is a reflection of the country's failure to utilize its natural resource advantage to alleviate the burden on its citizens.
Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.