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Nairaland Forum / Nairaland / General / Business / Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min (6058 Views)
Iran Nuclear Deal: Oil Prices Climb Above $76 / OPEC Pegs Nigeria’s Oil Output At 1.8 Million Bpd / Total To Boost Nigeria’s Oil Output By 200,000 Bpd Next Year (2) (3) (4)
Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by mamabomboy: 12:21pm On Dec 15, 2016 |
Dec 15 Nigeria's oil production is close to 1.8 million barrels per day (bpd), oil minister Emmanuel Ibe Kachikwu told a forum in Abuja on Thursday. Kachikwu and oil majors ExxonMobil, Royal Dutch Shell, Eni and Chevron are expected to sign a deal later in the day over repayments of$5.1 billion in debt from joint venture projects.http://uk.mobile.reuters.com/article/idUKL5N1EA2SC?rpc=401& |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by mamabomboy: 12:22pm On Dec 15, 2016 |
God will punish Kachikwu and Buhari for the many lies and false promises. Their families will never know peace, bastards. 2 Likes |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by Nobody: 12:37pm On Dec 15, 2016 |
HOW WAS THE DEBT INCURRED ?? WHAT WAS THE MONEY USED FOR ?? THIS RAT JUST RUINED THIS COUNTRY IN LESS THAN 2 YEARS BUHARI YOU WILL NEVER GO UNPUNISHED 8 Likes |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by xaliujokes(m): 12:37pm On Dec 15, 2016 |
debt is bad |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by Danielnino00(m): 12:39pm On Dec 15, 2016 |
I have nothing to say |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by Danielnino00(m): 12:39pm On Dec 15, 2016 |
I have nothing to say ... the poster below me might have something. |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by Babysheart(f): 12:39pm On Dec 15, 2016 |
I hope so. |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by Chiefpriest1(m): 12:39pm On Dec 15, 2016 |
It's easy to stay in Abuja or Lagos and make projections on a natural resource found in people's backyard. I used to ask myself, ' what do these Niger Delta people want sef', but until you are personally involved, you don't know the pains. You cannot not take a trillion naira from my backyard in less than six months and not be able to plow back just N100billion for the development of that area. And before you start talking about derivation funds, these people do not have access to one percent of the funds because even the law setting it up is routinely broken to please politicians. When you bring a semblance of development to the area, then some of these militants who break oil facilities will become powerless because even their people will start asking them questions. If you are in Gbaramatu in delta for example and you fall sick at night, its either you die before daybreak or risk going through the waterways at midnight. Why can't the federal government build a hospital for these people or at least build a bridge to the area to reduce the journey from about two and a half hours to less than 30 mins. Why can't they embark on a housing programme for the coastal areas of the Niger delta because shelter is a big issue there from my observation. And I am not talking about bug mansions, just two rooms each. By the way, they are not even that populated. Its only during elections that they manufacture millions of voters from the areas. The issues are not as complicated as people think. We just need leaders wey deir head correct. 15 Likes 2 Shares |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by berrystunn(m): 12:39pm On Dec 15, 2016 |
Simple things.. Buhari and his economy team can not do. 1 dollar to 1 naira... zero 5k every month..... Zero Why not borrow money from world Bank. Then copy mmm system, but 10% pa month... Easy thing.... Get traffic in the site, get paid by Microsoft Inject the money to the scheme coded. Students and unemployment will be eligible to register. |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by Lovelyboy007: 12:39pm On Dec 15, 2016 |
Which way naija |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by dollaflow(m): 12:40pm On Dec 15, 2016 |
Hmm |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by three: 12:40pm On Dec 15, 2016 |
hmmm Truth234: So PMB and Budget Office Pegged Oil Output on Peak Levels, Who's being overtly optimistic here?! The 2017 Budget is literally DOA!!! 1 Like |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by seunlly(m): 12:40pm On Dec 15, 2016 |
Hope this won't cause another problem.. |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by GentlemanUnltd: 12:40pm On Dec 15, 2016 |
1.8 and we re expecting 2.2 next year?
Let's see how they come up with the magic with one month? |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by princeakins(m): 12:40pm On Dec 15, 2016 |
We keep wandering about in a circle.. Which way Nigeria? 3 Likes |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by Apoztl3(m): 12:40pm On Dec 15, 2016 |
E be like say dem don dey talk another story again oo. |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by caesaraba(m): 12:41pm On Dec 15, 2016 |
On point! |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by GudluckIBB(m): 12:42pm On Dec 15, 2016 |
mamabomboy: Why are you pained guy? Did you confirm that this story is not true take it easy ....ok Recession, MMM and cost of Living added together can cause a HIgh bp take care |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by Nobody: 12:42pm On Dec 15, 2016 |
AfonjaStinks: With this level of frustration, you should do us all a favour and just end your existence. 2 Likes |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by donshaddow(m): 12:43pm On Dec 15, 2016 |
If I say buharry na mad man e go be like say I dey curse am! |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by obailala(m): 12:44pm On Dec 15, 2016 |
mamabomboy: AfonjaStinks:The debts talked about are debts which were incurred specifically by your fallen HERO GEJ (even at a time when the nation was making a killing from high oil prices). How about that?.. who exactly is the rat and who is the maggot here? https://www.ft.com/content/24d02f5a-a4e5-11e6-8b69-02899e8bd9d1 Nigeria has reached an outline settlement to resolve a protracted dispute with western energy companies, under which the groups will be paid $5bn to cover exploration and production costs in Africa’s biggest oil-producing nation. Buhari/Kachikwu even at this time of low oil prices and low production (thanks to the pipe bombers you support) are now struggling and struggling to clear the monumental mess and debts created by GEJ/Diezani at a time when the nation enjoyed excess; and here we are, some ignoramuses still have the guts to blame and insult PMB out of the abundance of their ignorance. www.nairaland.com/attachments/4474326_38616583839589prisonwarderdeypursuethemandflogjpegjpeg13b3310c7796a67dc03b6a1527418d4a_jpegc9ec3c6c355a8e3ca9253e0429a99e32 2 Likes |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by michaelemenine: 12:44pm On Dec 15, 2016 |
Let's just hope this is true o!
So that we stop having cases like this....
|
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by sakalisis(m): 12:51pm On Dec 15, 2016 |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by CoolFreeday(m): 12:58pm On Dec 15, 2016 |
God bless kachikwu
God bless PMB
God bless Nigeria |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by Truth234(m): 12:59pm On Dec 15, 2016 |
three: The budget is too ambiguous and I am not sure they understand the complexity of funding it. Oil output is current 1.7mbpd and we will not likely see surge in global demand till the second half of 2017, going by OPEC yesterday report. |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by worlexy(m): 1:03pm On Dec 15, 2016 |
Let's hope that Buhari won't use his mouth to csure trouble again by referring to the Golden goose of the federation as the "5%" |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by Nobody: 1:10pm On Dec 15, 2016 |
Smart move The first wise move by this government in 2 years... Not surprised it is coming from the best minister so far |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by Adminisher: 1:12pm On Dec 15, 2016 |
AfonjaStinks: You are dumb on many levels. Jonathan was not paying oil majors JV cash calls. Actually all governments were defaulting but for Jonathan it was not justified. Nigeria had the money to pay but mindless stealing and mismanagement made it impossible to raise the cash. Anyway they passed the debt of $5bn to Buhari the same was they passed about $2bn owed to fuel importers. You are entitled to dis believe all this but just promise me in anything you do in life don't be like Jonathan 2 Likes |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by REDDEVILS1(m): 1:23pm On Dec 15, 2016 |
mamabomboy:better remove kachikwu from it. That man is the type Nigeria needs at the helm of affairs |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by Caseless: 1:24pm On Dec 15, 2016 |
xaliujokes:I did check your profile. |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by Worksunlimited: 1:24pm On Dec 15, 2016 |
mamabomboy: How can he tell, when he can't even tell us how many oil wells exist in the country.. |
Re: Nigeria Oil Output Near 1.8 Mln Bpd, Set To Sign Debt Deal -oil Min by sapele914(m): 1:55pm On Dec 15, 2016 |
Chiefpriest1:I am from Delta State absolute rubbish and jargons who stole the money and mismanaged the over 1 trillion naira sent to delta state since 1999 from the federal government in Abuja? pdp criminals Ibori,uduaghan and now okowa(ibori's stooge)leaving no foundation for the next generation. what of the monies given to desopadec for the oil producing areas what happened to it ?and the Niger Delta Deveolpment Commission(NDDC) intervention funds were are the projects,what of the internal generated revenue from the states abi na only oil dey Niger Delta. Were is the states industrializtion master plan, Blame your own brothers extreme mismanagement of funds with no wealth creation plan, they are the ones cheating you, come to Lagos and see the properties they own,why did they not invest the money in the creeks. Ignorance is not an excuse in law. |
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