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Nairaland Forum / Nairaland / General / Politics / Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG (14698 Views)
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Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by buckeyemedia: 12:20am On Mar 10, 2022 |
gbishman:You will have to import foreigners, for us Nigerian Jews, no honor amongst thieves, the products of systematic corruption. President Buhari you have tried, you can’t change these corrupt minded people, even Moses tried, yet they refused to change, they must worship the golden calf? Ordinary refine crude oil they no fit, 110 million people? What of electricity they cannot provide for themselves, no innovation? Oyibo man must do it for them? Nigeria should beg Elon Musk to come & electrify the country for them? Clear road for jagajaga. Na to dey go church & mosque dey deceive themselves? nonsense Sadducees & Pharisees. |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by buckeyemedia: 12:27am On Mar 10, 2022 |
iwaeda:Mumurist Iwedu leave the pipe alone, how can seplat buy Shell or Mobil? Can a single ant eat an elephant? |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by Ay77(m): 1:03am On Mar 10, 2022 |
Realist12: Make I ask you one question, this country dey move forward ?? |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by Blue3k(m): 1:32am On Mar 10, 2022 |
NwaNimo1: Disappointed* |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by eeetuk(m): 1:38am On Mar 10, 2022 |
"Sylva in a statement by his media aide, Horatius Egua, said “the rate at which investments were taken away was too fast. Lack of investment in the oil and gas sector contributed to Nigeria’s inability to meet OPEC quota. We are not able to get the needed investments to develop the sector and that affected us”. Did minister Sylva conduct a thorough investigation about why Nigeria cannot meet OPEC oil production quota? I don't think so, and here is why: looting of oil by Nigerians at the point of production is the real reason Nigeria cannot meet OPEC allocated quota. Some Nigerian oils workers along with foreign oils workers team up to steal oils during shipment to overseas. After the oils are shipped overseas, Nigerian oil workers, travel to overseas countries to get their share of the loots. That is the true reason why Nigeria would never meet OPEC required quota. I know minister Sylva knows about this kind of activities, but he does not want to dig into it for fear he might lose his job. He is from South/South geopolitical--which is the heart of Nigeria oil production. The bottom line is, minister Sylva looks bad by putting out this false information. 1 Like 1 Share |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by Jeboy(m): 2:27am On Mar 10, 2022 |
You mean FG should suspend Buhari as the minister of petroleum? I am not understanding oh Elidrisy20: |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by faceland: 4:03am On Mar 10, 2022 |
iwaeda:/ What can work under Buhari? |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by 18four4: 5:32am On Mar 10, 2022 |
[s] helinues:[/s] |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by CSTRR: 6:03am On Mar 10, 2022 |
We are not a serious country. Saudi Arabia is exporting 10 million barrels a day. |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by CSTRR: 6:05am On Mar 10, 2022 |
bayelsaowei:Tommorow, Buhari supporters will tell you that Jonathan sold oil for $80. Awon werey. 1 Like 1 Share |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by CSTRR: 6:06am On Mar 10, 2022 |
The minister of petroleum is outside the country on endless medical tourism. Inflation is eating up every possible disposable income of Nigerians. If we are a serious country, that man should have been impeached by the national assembly before he even gets back home. |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by htdot: 6:57am On Mar 10, 2022 |
So, Nigeria make 5billion usd from oil every month and Buhari still has the gut to borrow. |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by prophetfire: 7:59am On Mar 10, 2022 |
buckeyemedia:. Honestly you are pathetic. Are you paid to defend the failure occupying aso rock? They should give you figures to help you know that they gave you a stale job. |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by iwaeda: 8:08am On Mar 10, 2022 |
buckeyemedia: That is where I said you are ignorant. Seplat already bought many Shell onshore facilities, already in the process of acquiring Mobil if NNPC did not sanctioned it. Go and learn ![]() ![]() ![]() |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by nograv: 8:57am On Mar 10, 2022 |
iwaeda: Bros you are wicked, did you have to be so merciless... ![]()
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Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by tctrills: 10:38am On Mar 10, 2022 |
buckeyemedia:You have no point. In my business, I take responsibility for my actions. When it comes to the Nigerian economy, we have an elected government. Why would you be angry with anyone blaming the president? And since you don't know anything about oil production in Nigeria, let me tell you. a few years back We use to produce up to 2.2 mbd |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by Bizibi(m): 10:41am On Mar 10, 2022 |
iwaeda:I still can't believe this administration lost over 20 billion worth of investment in that sector. They are mixing politics with business. |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by Bizibi(m): 10:44am On Mar 10, 2022 |
buckeyemedia:smh.... Hehehehe |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by iwaeda: 10:49am On Mar 10, 2022 |
Bizibi: They don't understand anything. Reason Nigeria economy is none existing now, because we are oil driving one. What surprises me are the kind of dull head supporting the negative impact of FG, raising royalties and taxes when they have not paid their counterpart funding of JVs. There by stalling many FDI. Now nobody is even thinking of new investment, the environment is too toxic ![]() ![]() |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by efficiencie(m): 11:04am On Mar 10, 2022 |
iwaeda: Story! Just tell us the truth. You are slowing production to bid up the price and benefit from the Russia-Ukraine war. Shikena. US is now is a fix all thanks to Biden's green new deal and high energy demand, so OPEC purposely underproduces so that they can, as a cartel, bid up the price and make billions upon billions of dollars. No wonder Tinubu wants to die as a president! |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by Apoztl3(m): 11:17am On Mar 10, 2022 |
Eriokanmi: After all the blabbing you still ended up saying same thing as the inept Sylva... I guess its Iwaeda's fault that we're having a terrible economy and security issues since your mannequin came on board... Smh |
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