Former media aide to ex-President Goodluck Jonathan, Reno Omokri, has shared his perspective on petrol pricing amidst growing public complaints about the high cost of Premium Motor Spirit (PMS).
In a recent post on X, Omokri stated:
“There is absolutely no country on Earth that imports petrol that pays a lower price than Nigeria. Not one. That statement is a lie.”
Omokri highlighted that the claim had been picked up by Ghana’s biggest blog, generating over 5,000 comments within six hours, many mocking Nigeria.
“Name that country that imports petrol yet pays a lower price than Nigeria. Nigeria is now self-sufficient in fuel production. We have stopped importing. Yet, the cost of petrol in Nigeria is cheaper than in all the countries neighbouring us, to the point that over a quarter of the petrol refined in Nigeria is still smuggled to our neighbours.”
Citing data from globalpetrolprices.com, Omokri emphasised:
“According to globalpetrolprices.com, the leading international fuel price rating site, as of today, November 28, 2024, Nigeria has the tenth lowest fuel price on Earth. The nine countries above us are all oil producers.
No country that depends on fuel imports has a lower fuel price than Nigeria. To cope with the increase in fuel prices, the Nigerian government increased the minimum wage by 140%. It is still not enough. But it is better than nothing!”
Omokri also shared a list of the 20 countries with the cheapest petrol prices globally (measured per gallon):
- Iran – $0.11
- Libya – $0.12
- Venezuela – $0.13
- Egypt – $1.06
- Algeria – $1.29
- Angola – $1.29
- Kuwait – $1.30
- Turkmenistan – $1.62
- Malaysia – $1.66
- Nigeria – $1.80
- Kazakhstan – $2.00
- Bahrain – $2.01
- Bolivia – $2.05
- Qatar – $2.18
- Oman – $2.35
- Saudi Arabia – $2.35
- Russia – $2.44
- Azerbaijan – $2.45
- Iraq – $2.46
- Sudan – $2.65
Concluding his post, the Researcher called for truthfulness and fairness in discussions about Nigeria:
“No country on Earth that imports petrol has cheaper fuel prices than Nigeria. Let us love Nigeria enough to say the truth about her to the world at large. But if we cannot do that, at least let us not misrepresent Nigeria to the entire globe!”
