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US Opts To Buy Nigeria’s Crude, Says Kachikwu - Politics (3) - Nairaland

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As Crisis Deepens, Buhari Opts To Take Wednesday Off / Nigeria's Oil Production Climbs To 2.1m Barrels Per Day, Says Kachikwu / Serving Nigeria Costs Me At Least A Million Dollars Every Year, Says Kachikwu (2) (3) (4)

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Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by fulanimafia: 7:42am On Dec 29, 2015
Lazy scum learn to read, your answer is in the OP.

sweatlana:

Strategic intrest?
That's vague. Be more specific
What's in it for the USA

Apc bloody e-rat
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by fulanimafia: 7:43am On Dec 29, 2015
Keep consoling yourself grin

Jackrich:
Keep deluding yourself - Has being at the top of the political ladder changed the fact that your ilk are the most backward in this country?
Delusion of grandeur is indeed a disease.
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by Nobody: 7:44am On Dec 29, 2015
fulanimafia:
Who's arguing with you? Are you interested in rescuing your economy or licking the bum of the U.S?

U S is the last country to help another country with her economy. u can lick the bum of u s for as long as u can but wouldn't help u if they are not going to be influencing Ur policies
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by airsaylongcon: 7:44am On Dec 29, 2015
charlesucheh:
ISSORITE................... SO THE USA IS BUYING OUR CRUDE OUT OF SYMPATHY RIGHT!!!!!!!!??

Exactly my understanding of the minister's statement. A Shame how the almighty Bonny light now is being bought out of "make we sorry for them". I'm from the "awa oyel" peoples o but walahi I want it to finish so that Nigeria can leave us to rest. Then we can go back to d riri "awa oyel" banga aka palm fruit. Imagine that Malaysia and Indonesia control 80% of world supply of palm oil. that's as Malaysia also being petroleum oil producing o. Now wey palm oil barrel cost pass crude oil na to enter the market after all na still "oil business"

2 Likes

Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by sweatlana: 7:44am On Dec 29, 2015
mployer:
This Guy knows how to give HOPE.


Remember he said petrol Will sell at N85 after subsidy removal grin


I have stopped believing him long ago.
The guy is a bloody lair.
The USA is expected to join the code market soon. The production will even surpass that of Saudi Arabia. Why on earth will they buy oil from Nigeria? One apc e-rat said for "strategic intrest" the USA would rather give us hand outside for strategic intrest than buy our oil.
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by deeengr(m): 7:45am On Dec 29, 2015
eleojo23:
We are still here talking about oil abi?
We better start diversifying our economy instead of sitting down and giving ourselves hope that the US will come and buy our oil.
diversifying economic is for the long term
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by vigasimple(m): 7:45am On Dec 29, 2015
Amberon:
The U.S is such a smart country. They have one of the largest oil reserves in the world and still want to buy more to add to their reserve bank because oil is at its lowest price in history. They know that in the long run, they would make huge gain.

common sense is not common.

There are strategic planners employed purposely to plan their future but some people from part of Nigeria only think about today even the few educated one's among them. They have infected the rest of the country with sell now spend now.
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by repogirl(f): 7:46am On Dec 29, 2015
Kachikwu is thinking, very good ideas.... Emefiele should learn. angry
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by saintneo(m): 7:48am On Dec 29, 2015
see as parasites they happy.....lol

better develop something viable for Nigeria's economy and stop hoping on Biafra's natural resources.


oya....come and yab me....lol
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by sweatlana: 7:49am On Dec 29, 2015
fulanimafia:
Lazy scum learn to read, your answer is in the OP.


I don't blame you sha. U are a cattle rearer who managed to get some level of education however u still think like a cow.
You and your people are hoping the USA will rescue the nigerian economy yet u will still shout down with the USA.
What a bunch of idiots

1 Like

Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by Nobody: 7:49am On Dec 29, 2015
emmygzy:
don't mind the clueless APshit, they are worse than Jonathan. Instead of buhari to head the ministry of steel or agriculture so that he can oversee their quick development, he is heading the oil ministry. Even in their yeye budget, those two ministry has the lowest budgetary allocation. Yeye government.

The same yeye government is also spending far more on education than past admins ....especially science and technical education.

Important in getting a diversified economy, especially one built on innovation.

While agric and mines are important......selling cocoa and cotton and palm oil is not going to make much money for Nigeria....especially as the UK is no longer a guaranteed market as it was in the 1960's.

(And countries in Africa that are dependent on Agric and mines....are also dependent on foreign loans for their budgetary needs....at levels greater than Nigeria is.)>

By spending more on education, we get better innovators....who it is to be hoped would lead Nigeria down the path of industrial development. That is the challenge that lies in front of us....APC or PDP or whoever. Resource dependency.....whether oil , mines , agric etc will not save us.
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by bejeria101(m): 7:50am On Dec 29, 2015
Let d daura cowbender stabilise oil prices,he said he wld do it,olodo rabata!
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by Jackrich: 7:50am On Dec 29, 2015
fulanimafia:
Keep consoling yourself grin

That is the reality on ground - Last time I checked I didn't see my kinsmen jumping on lorries to become night guard in private houses, fetching water and pushing trucks for a living.

Once again, no educated mind should be happy that we are exporting oil only to import the finished product at an exorbitant price .
Think my friend , oil will soon become useless .
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by CSTR2: 7:52am On Dec 29, 2015
sweatlana:

I don't blame you sha. U are a cattle rearer who managed to get some level of education however u still think like a cow.
You and your people are hoping the USA will rescue the nigerian economy yet u will still shout down with the USA.
What a bunch of idiots
Don't mind them.
They hate the US so much and yet they want american patronage for their crappy economy. They flood the US embassies for a chance at american wealth and democracy that their own govt have denied them.
Nutjobs.

1 Like

Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by bankylan: 7:56am On Dec 29, 2015
Who among us will hire Buhari for a turnaround in his mid size company? Now we expect this man to turn around the largest economy in Africa? We are saddling him with responsibility far beyond his capabilities. As for his ministers, if Fashola, Fayemi,.and Amaechi for instance can not reduce poverty in the states they governed for years, what miracle are we expecting amidst dwindled revenue? The brilliant ones among the ministers probably won't have the gut to challenge Buhari's stance on important issues.
But Buhari is not as annoying as his bunch of slaves and almajiris who believe everyone that speaks against their ideas are PDP or Jonathan's supporters.
The obvious is that we have a government that is not capable of governance but will rather rely on lies and propaganda to get sympathy from people.
As per our oil, I think the earlier we start with diversification, the better for us. We should lessen our dependence on oil as there is a greater indication that the price will decline further. Saudi Arabia even with her reserves of almost 800b dollars is diversifying and has cut her budget spending by 14%. I am trying to see the sense in our forecast and building our budget on 38 dollars per barrel and when oil currently sells below 38. Our gamble may make us to fall on borrowing more. I can only pray for the success of this administration!
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by knowledgeable: 7:57am On Dec 29, 2015
fulanimafia:
This one is still sleeping on a bicycle chanting 'awa oil'. Better brace up because it is quickly becoming worthless and your lands and waters are too damaged for agriculture. No more drunken lazing around waiting for 'deve' to drop so you can buy more Seamans and periwinkle.

Are you even aware oil contributed less than 20% of our budget financing lazy parasite? Didn't think so.



The government in power (sunni dominat) attacked shiites Muslims, and Iran and other shiites raised hell and threatened Nigeria, and Iran then approached India for a lower supply price of their oil(India being Currently #1 buyer of Nigerian "our oil"wink......now the US is coming to the rescue....so yu go figure. By the way, "our oil contributes close to 40% of the country's budget financing and close to 98% of the country's foreign exchange earnings.
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by CSTR2: 8:00am On Dec 29, 2015
Nigerian leaders are incredibly low IQ afflicted. Oil is never coming back up anytime soon except maybe in the advent of WW3. Selling crude now would be far below its real and intrinsic value and would be akin to giving it away for nothing.
The sensible thing to do is to stop oil exports and look for a way to exploit the entire value chain in Nigeria.
Crude oil has nearly a thousand derivates that are as economic viable as exporting the raw crude ,and the Nigerian crude deposits is not that huge to be wasted on cheap exports.

1 Like

Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by ritux: 8:00am On Dec 29, 2015
They want to start deceiving us now. False hope.
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by fabre4: 8:00am On Dec 29, 2015
fulanimafia:

http://thenationonlineng.net/us-opts-to-buy-nigerias-crude-says-kachikwu/







In exchange for what cos us no dey anything for free support which market
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by fulanimafia: 8:01am On Dec 29, 2015
knowledgeable:



[s]shut the f**k up, you fulani parasites are jumping up cos of the dammed news for real,all because, the government in power (sunni dominat) attacked shiites Muslims, and Iran and other shiites raised hell and threatened Nigeria, and Iran then approached India for a lower supply price of their oil(India being Currently #1 buyer of Nigerian "our oil"wink......now the US is coming to the rescue....so yu go figure. By the way, "our oil contributes close to 40% of the country's budget financing and close to 98% of the country's foreign exchange earnings.[/s]

Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by fulanimafia: 8:03am On Dec 29, 2015
sweatlana:

[s]I don't blame you sha. U are a cattle rearer who managed to get some level of education however u still think like a cow.
You and your people are hoping the USA will rescue the nigerian economy yet u will still shout down with the USA.
What a bunch of idiots[/s]

Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by Nobody: 8:04am On Dec 29, 2015
one big IF a whole lot of story to say that the US may buy brent so we should not lose hope.. how about working with FACTS kachikwu
http://allafrica.com/stories/201412220407.html
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by Nobody: 8:06am On Dec 29, 2015
God bless Nigeria!
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by sweatlana: 8:06am On Dec 29, 2015
[quote author=fulanimafia post=41440452][/quote]

Lol! I'M NOT IGBO! NOT EVEN CLOSE
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by fulanimafia: 8:07am On Dec 29, 2015
Last time I checked I also didn't see your kinsmen topping the Forbes list with mine.

Neither is it my kinsmen that are hawking gala on the streets thereby constituting a nuisance, or being hung like chickens after violating their bodies for drug trafficking due to poverty and hardship.

It's all about perspective son. My only joy with this news is the forex which we will earn that we desperately need to ease pressure on our reserves and give the Naira a fighting chance.

Jackrich:
That is the reality on ground - Last time I checked I didn't see my kinsmen jumping on lorries to become night guard in private houses, fetching water and pushing trucks for a living.

Once again, no educated mind should be happy that we are exporting oil only to import the finished product at an exorbitant price .
Think my friend , oil will soon become useless .
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by Adminisher: 8:07am On Dec 29, 2015
fulanimafia:


Probably Jona-arms should have been 'junketting' more to sustain our business relationships with our strategic partners that purchase our oil, instead of fighting America and claiming they did not like his government because he refused their gay agenda.

Please junket on if progress is the result PMB.

Nigeria's oil is the best in the world for good yield of PMS and diesel. Those US refiners are not stupid, they get more yield from our low sulfur crude oil.

1 Like

Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by haconjy(m): 8:08am On Dec 29, 2015
hummm....
i cried for Nigeria...
US will buy at low price to be Reserve for the market and later sell it at High price for Nigeria when they need it...
Must we trade with US?
Cant we change or diversify from depending on our crude oil?

I tell you the fact if i become The President of Nigeria, I will NEVER partner with US. They are ebola on every Africa nations...

If Nigeria can survive ebola without US help, i bet you, WE NIGERIA will survive without them...
NIGERIA THINK?

the message here is trash and putting Nigeria under slave again....
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by ZeroTolerance: 8:09am On Dec 29, 2015
fulanimafia:
This one is still sleeping on a bicycle chanting 'awa oil'. Better brace up because it is quickly becoming worthless and your lands and waters are too damaged for agriculture. No more drunken lazing around waiting for 'deve' to drop so you can buy more Seamans and periwinkle.

Are you even aware oil contributed less than 20% of our budget financing lazy parasite? Didn't think so.

That is what you parasites keep saying to keep yourself happy, we all know the truth. You were sommersaulting few momements ago because of the same oil.
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by OrlandoOwoh(m): 8:11am On Dec 29, 2015
Amberon:
The U.S is such a smart country. They have one of the largest oil reserves in the world and still want to buy more to add to their reserve bank because oil is at its lowest price in history. They know that in the long run, they would make huge gain.

common sense is not common.
. . . and you think countries are not looking for alternate ways of fueling care? Who, now, doesn't have common sense?
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by fulanimafia: 8:12am On Dec 29, 2015
You're just ignorant.

Do you realize the greatest challenge we are currently facing in the economy is the lack of forex? Why else do you think this is a welcome development considering the sinking value of oil?

Smh.

ZeroTolerance:

That is what you parasites keep saying to keep yourself happy, we all know the truth. You were sommersaulting few momements ago because of the same oil.
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by fulanimafia: 8:16am On Dec 29, 2015
Lol like it makes a difference grin

sweatlana:


Lol! I'M NOT IGBO! NOT EVEN CLOSE
Re: US Opts To Buy Nigeria’s Crude, Says Kachikwu by ZeroTolerance: 8:16am On Dec 29, 2015
fulanimafia:
You're just ignorant.

Do you realize the greatest challenge we are currently facing in the economy is the lack of forex? Why else do you think this is a welcome development considering the sinking value of oil?

Smh.

Why not export your malnourished long distance trekking cows for forex? You guys are simply oil parasites, accept it. Your fulani states depend on oil 100% for revenue, your civil servants depend on the same oil 100% for their salaries. It's a shame.

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