Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,201,694 members, 7,979,339 topics. Date: Saturday, 19 October 2024 at 06:47 AM |
Nairaland Forum / Nairaland / General / Politics / PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration (23816 Views)
Tinubu Criticizes Buhari's Economic Policies, Says I Won't Ignore The Truth.. / Remi Tinubu Criticizes Buhari: "Expected Change Is Not Being Experienced" / World Bank Approves N39.4bn Loan For Ambode (2) (3) (4)
(1) (2) (3) (4) (5) (Reply) (Go Down)
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Nobody: 10:20am On Dec 12, 2015 |
Is this part of his campaign promises? |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by princejayboss: 10:27am On Dec 12, 2015 |
2sexyus: Somewhat last year, I spoke and wrote about this issue .... I think during the campaign I went into details why its near impossible to achieve this crude thing in the north, I personally predicted the more fall of crude price..... The fall is still coming .... Isis is controlling two major oil production nation.... To the benefit of the west that buy at cheap rate.... If naija want to survive .... It's time to ditch crude and face other resources.... Let the north keep dealing with this nation.... It's well 1 Like 1 Share |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by sunsewa: 10:35am On Dec 12, 2015 |
Peeps mentioning ibe kachikwu as per oil exploration in the north chad basin sounds dumb and reasoning short, so they don't know who pays the Piper dictates to the tune,right from buhari inauguration has his body language approving oil exploration in the north,and he even said it that his administration will invest heavily in search of oil in the north,now what efforts has been made to tap from known virgin oil deposits in Anambra and other areas already confirmed having large deposits, instead of still going on with unsure exploration with scarce resources on this present financial and economic situation of the nation,and also with regards to depreciating value of oil,why not channel efforts towards drilling from already confirmed sites,than wasting funds exploring now,well am not surprise is part of northern agenda of buhari government. 1 Like 1 Share |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Folksyharry(m): 10:44am On Dec 12, 2015 |
lomprico: I already told myself this PMB's move is not a bad idea until I read the part in bold in your post. I believe that would have a more shrewd move. We don't even hear anything about the mining going on in the northern part of the country. |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by sanmibukunmi: 11:07am On Dec 12, 2015 |
let's not lie to ourselves, this move is a bad idea.... even if they discover oil today, how much will it sell for? I think Buhari knows this, he just wants to satisfy his northern ego that they also have oil. well I pray they discover it SHA... 1 Like 1 Share |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Nobody: 11:13am On Dec 12, 2015 |
The. Man Buhari is selfish, tribalistic and Islamistic and brainless. 1 Like 1 Share |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by chernest2002: 11:38am On Dec 12, 2015 |
Buhari means failure in all dictionary so I expect nothing good from him and his government 1 Like 1 Share |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Montaque(m): 11:40am On Dec 12, 2015 |
pmb is just balancing the equation. I don't expect less |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by lomprico(m): 11:41am On Dec 12, 2015 |
Folksyharry:The likes of dangote n some northen elites are secreatly mining some of these resources up there without remittance to d fg and d govt is turning a blind eye. 1 Like |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by TheGoodJoe(m): 11:44am On Dec 12, 2015 |
goodlifehyd: The PDP Chieftain is absolutely right. Investing in Oil Exploration now, at the time the price of crude is low and sales dropped, is wrong. Investing such money in renewable energy is the right way to go. It will still create employment and development. This is one PDP Chieftain I like, who is reasoning. This one is not a Wailer. 1 Like |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by nogames: 11:52am On Dec 12, 2015 |
I totaly in support of this, if it will unify the country, let every region exploire oil . At least "our oil" mentality will lay to rest |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by amazingspiderma: 12:15pm On Dec 12, 2015 |
This project is good especially for the north and Nigeria.The more resources we can find in Nigeria,the better. This phase of the project is for exploration only and will involved equipments.Drilling companies will do the job for less now. Crude oil price is a cycle,the time to make investment is now. To everything thing there is season. As long as we continue to use fuel in our cars and generators,crude oil has value. No substitute technology is in sight yet,apart from nuclear.We all know the risk involved. Nuclear power can only power electric vehicles,which is atleast twice the cost of conventional fuel engine. We cannot replace the current global fleet of fuel powered vehicles overnight. Even India that has sent a vehicle to the moon is calling for carbon bonus in the current climate change submit,how much more Nigeria. From a realistic view of things,this action is commendable.
|
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by kingslly(m): 12:17pm On Dec 12, 2015 |
Buhari is obsessed with taking crude oil to the north....he was the one that laid oil pipes from the south to the north,money he would used to boost agriculture in the north 2 Likes |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by kingslly(m): 12:29pm On Dec 12, 2015 |
chiedu7:there are more tribes in the north than we have in the south yet they are more United than the Southerners. 2 Likes |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Nobody: 1:02pm On Dec 12, 2015 |
Buhari should be very careful and not build boko haram into another ISIS by letting boko haram take over the oip fields there 3 Likes |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by texazzpete(m): 1:10pm On Dec 12, 2015 |
Oil is still our major earner, and our production will soon be on decline. From exploration to production can take YEARS, so now is the time to look for reserves to replace our depleted volumes...not waiting until oil price becomes more favorable. Let me be brutally honest here. All the people in this thread that have condemned the Government's exploration efforts are morons. |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by athorello(m): 1:24pm On Dec 12, 2015 |
I think it's good to do some background check when necessary before jumping to comment on important issues. Some posters have raised valid points in support of the move. Petroleum will still be the main stay of the world for a long long time. Which means that most of you will be long long gone. Most green energy sources are relatively low efficient and thus costly to develop ab initio. Nigeria already have petroleum technology and expertise so it's easy to channel efforts towards that. Besides, neighbouring countries are producing oil from sub-basins that are kind of extension to the benue trough which is thought to possibly contain oil in the Nigerian chad area. Advanced prospecting work has been performed in the area so I don't think planning to continue was ill adviced. Some people instead of using the oil money during the boom to develop minerals extractive industries and advance agriculture, they were busy stockpiling their banks, bedrooms, wardrobes, tanks, briefcases, ghana-must-gos, pockets and what have you. The Lord is watching and Buhari is now looking. Chei! Sorry, I'm biased towards petroleum technology because it's the greatest thing that's happened to mankind besides space technology. |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by veesion: 1:45pm On Dec 12, 2015 |
A VERY BAD POLICY MOVE 4 HEAVENS SAKE DIS IS NOT A TIME TO EXPLORE OIL THE MORE. WE HAVE OTHER SECTORS IN CRITICAL CONDITION AND BEGGING FOR ATTENTION 4 INSTANCE IN THAT SAME NORTH WE HAVE A LOT OF YET T B O EXPLORED SOLID MINERALS. IN ECONOMICS THERE IS WHAT WE CALL SCALE OF PREFERENCE, Y SHLD NIGERIA AT THIS BROKE STATE TALK OF AND AT A TIME LIKE DIS HAVE THIS TOP HER PREFERENCE AMONG OTHER ECONOMIC ITEMS.WE SAW THIS COMING IMAGINE WHOM U GUYS PLACED THERE TO RULE MANY OF U GUYS ARE GETTING EMBARRASSD U GUYS WLD RECEIVE MORE SURPRISES IN D DAYS AHEAD 1 Like 1 Share |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by ahaz: 1:56pm On Dec 12, 2015 |
goodlifehyd:atimes i wonder the if amala consumption has a negative impact on human brains.honestly the way u yorubas jump into threads is quite revilling on the amala hypothesis. 1 Like 1 Share |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by jideflows(m): 2:13pm On Dec 12, 2015 |
GEJ started the oil exploration of the Chad basin.. is onosoke a Geologist?? They jst open their mouth to say rubbish... the Norrhern part of Nigeria has oil dont be food. ... quote author=ShowYourCertificate post=40926153]When I say Buhari is a dullard some people will be crying. How can Buhari be exploring for oil that is fast losing value? America has stopped buying our oil, very soon others will stop because they are going green. And yet Buhari is looking for oil to sell/use. Isn't that cluelessness?[/quote] 1 Like |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by chiedu7: 2:16pm On Dec 12, 2015 |
kingslly: Very very true. We are here fighting on Nairaland, Abok1's are ruling us. 2 Likes |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by mahyowah(m): 2:29pm On Dec 12, 2015 |
princejayboss:i am not foolish i am realistic, i criticize and support the govt when need be. i am not a die hard hater who criticizes the govt whether good or bad. pls restore your sense of dignity and honesty, thanks. |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Nobody: 2:35pm On Dec 12, 2015 |
Renewable energy this, renewable energy that... Knowledge without understanding and wisdom na real wahala O. If you care to know a technologically advanced Russian has not been looking for alternative in renewable energy but rather they are exploiting their opportunity in fossil gas production in the face of the present oil price debacle. Oil price will always fall and also they will always rebound. Isreal, UK, Brazil, Russia, Ukraine are still massively investing into oil exploration... Infact, investment into exploration by oil companies have not been so affected with the oil price but rather production. Most companies are even investing into exploration more now that is why geologists are getting recruited despite job loss that is prevalent in oil companies kenny987: |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by ShowYourCertificate: 2:35pm On Dec 12, 2015 |
12inches1:You are a great thinker |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Nobody: 2:50pm On Dec 12, 2015 |
I have seen what a massive solar research centre look like, I don't think what I saw despite research investment and unrealistic optimization can ever replace fossil fuel for in some fundamental application. Imagine a country that can't successfully generate electricity from gas and hydro source that has been in place for centuries, is the one shouting renewable energy...Shior... princejayboss: |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by 4Play(m): 3:00pm On Dec 12, 2015 |
texazzpete: There has to be some limit to this lickspittle defence of the government. So declining production requires that the Govt expend scarce money looking for oil? If there was a compelling commercial logic to this, there are plenty of private oil companies who will happily undertake the exploration themselves. This is more a political decision than a commercial decision. In the light of the revenue straitjacket they're operating under, it is complete and utterly idiocy to embark on such expenditure. 2 Likes |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by ShowYourCertificate: 3:06pm On Dec 12, 2015 |
jideflows:So because Jonathan started it then Buhari must complete it? You've just confirmed Buhari's cluelessness. 1 Like |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by nurusystem(m): 3:11pm On Dec 12, 2015 |
i love that d naija delta are the cost,is better like that,atleast their mouth will shut up., And to those who dnt appreciate (gmb) go & drink Acid., we are in love with APC.,this is our time,. Not pass inexprience regime of GEj.... |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Koolmexxi(m): 3:12pm On Dec 12, 2015 |
Wait ooo, I thought he said he was going to diversify the economy so as to curtail our over dependence on oil dats fast loosing its value and relevance. ?? 1 Like |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by akigbemaru: 3:27pm On Dec 12, 2015 |
BUhari allocates money for oil exploration in northern basin. |
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by rottenegg: 3:29pm On Dec 12, 2015 |
ShowYourCertificate:You are calling him dull but he is very smart. They have been exploring for oil in the north for decades and found nothing. Does the cash get returned? No. This is just another means of stealthily stealing monies that can be traced to a dead end. Trust me, nobody throws away N40billion away on nothing, not even Buhari. 1 Like 1 Share |
''FFK Kept In An Underground Cell In EFCC Office'' - Deji Adeyanju / INEC Suspends Collation In Obingwa LGA, Abia & 2 LGAs In Enugu / Ibori, Others To Complete Jail Terms In Nigeria
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 63 |