All figures and conversions done in Naira (NGN). OPEC Member country Fuel Price Per liter and Minimum Wage paid by their government to their citizens.
1. Venezuela 3.61/ N95,639
2. Kuwait 34.54 / N161,461
3. S/Arabia 25.12/ N99,237
4. Iran 102.05/ N86,585
6. Qatar 34.54/ N101,250
7. UAE 78.18 / -
8. Algeria 63.55/ N55,957
9. Libya 26.69/ N23,813
10. Iraq 59.66/ N25,813
11. Nigeria 142 / N18,000?
NON-OPEC:
1. USA 157.00/ N197,296
2. UK 334.41/ N295,644
3. Oman 48.67 / N91,583
With the figures above, it clearly shows that Nigeria's oil is the costliest among OPEC member states, and with the lowest minimum wage to its citizen.
Lekan Smart, edited by Emezico