highnesseth

100 litres of fuel in Iran - 1500 naira 1 liter of fuel in Nigeria is now about 1500 naira, partly because of war happening in Iran. An oil producing state like Nigeria is suffering the effects of war more than the country the war is being fought in. By the way, minimum wage in Iran is an equivalent of about 160k- 170k naira per month and minimum wage in Nigeria is 77,000naira. So a minimum wage Iranian would spend and estimate of 0.06% - 0.12% of his/her income on fueling a car for a month, assuming 100-200Litres is enough monthly. However, 100% of minimum wage in Nigeria cannot buy 50L of fuel. AGAIN, 100% of your wage cannot do what 0.06% of what a person with equal socioeconomic status in Iran can do Comparing with another country like the UAE where pump price is an estimate of 1500naira per litre, the minimum wage for an Emirati national seems to be about 2,500,000 naira, meaning 6% of income is enough to fuel a national for a month. I don't even know where to end this. Why is Nigeria like this?