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Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt (4756 Views)

2023: I Budgeted N50m For APC Form, Says Ngige / Buhari Reacts To Niger Delta Avengers’ Threat To Shutdown Oil Production / Lawmakers Uncover Billions Budgeted For Non-Existing Projects (2) (3) (4)

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Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by malali: 5:25pm On Jun 06
Low production Tepid prices.
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by TGreatGatsby: 5:30pm On Jun 06
Thought dey said we are closer to meeting our OPIC quota since dey hired Tantita Security
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by Kemadealadire(f): 5:43pm On Jun 06
Is Crude Oil the only mineral resource Nigeria has There's always excess money to steal, then go back and take loans in Nigeria's name only to be spent on servicing politicians and the rest stolen again.
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by EdiskyHarry: 5:55pm On Jun 06
One day Niger delta go get sense
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by Abemy(m): 6:01pm On Jun 06
Yet Tinubu is preparing a supplementary budget.
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by Haaland21: 6:27pm On Jun 06
chigator2:
I've said it numerous times, Tinubu will likely be the last president of Nigeria.

One thing is clear in all this, the people that claim to be learned, travelled and sophisticated have proven to be more useless than those we communally thought to be the least in such regards. Incompetent, scratch face, green soup bigots.

Why is it difficult for the average south easterner to make their points without abusing or insulting a third party?

This is the more reason people avoid you globally. It is not hate, but lack of courtesy and decorum.
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by Yampotatocarrot(m): 7:01pm On Jun 06
I thought Onanuga said the draft online isn't true... Which one now?
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by chigator2: 7:21pm On Jun 06
Haaland21:


Why is it difficult for the average south easterner to make their points without abusing or insulting a third party?

This is the more reason people avoid you globally. It is not hate, but lack of courtesy and decorum.

"This is the reason people avoid you globally, yen yen yen..." Oga abeg shut the hell up.

You dey avoid us yet Igbos are still thriving, so who you epp, who you be. It means the avoiders are bunch of insignificant nobodies.

The real fact is despite all this hate, nobody is missing, everybody is where they should be, so we are not kissing ass in search of new members (Igbos)
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by Squirrel1(m): 7:38pm On Jun 06
This tinubu na human being so? Just imagine. Cus workers are asking for their pay, him and he's stooges are now changing mouth. Rubbish
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by Truthsandtrusts: 7:44pm On Jun 06
ijustdey:
“If current revenue shortfalls persist, the revenue for 2024 is unlikely to exceed N15.8 trillion,” the report said



https://www.premiumtimesng.com/news/top-news/701277-low-oil-production-threatens-2024-budgeted-revenue-nigerian-govt.html







Ah but tatitan say product dey high say na them make am high now you come say production low 410
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by Truthsandtrusts: 7:45pm On Jun 06
Blaze14k:
Agbado miscreant are you getting the clear picture now. Do you now understand what is happening or you are not satisfied?





You and p .ig no difference
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by PUNANI01: 8:01pm On Jun 06
Blaze14k:
Agbado miscreant are you getting the clear picture now. Do you now understand what is happening or you are not satisfied?
The picture is clear now.. To prepare common ewedu soup; na big man show now.. Our own bullion Van had failed us woefully; we need a messiah grin
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by latonione: 8:17pm On Jun 06
Some people are so much pessimistic that they turn every news to bad news and create negativity around it in order to spite the government. Please, slow it down, are you not tired.
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by grandstar(m): 9:04pm On Jun 06
The budget was based on a dollar at N750. The depreciated Naira today should be able to mitigate to some extent the lower oil production output

I suspect the government is being opaque. There is the oil subsidy which gulps up larger amounts of money when the Naira loses to value. The subsidy is rumoured to be close to 6 trillion. I believe this is the elephant in the room.

Shamefully, the government adamantly claims the subsidy is gone. How? Petrol is sold at 600/litre while diesel and kerosene hovers at over 1,200/litre.

1 Like

Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by Gboss247(m): 10:16pm On Jun 06
unity004:
They are looking for another avenue to get loans from world bank, china e.t.c

When the oil finally finished that's when Nigeria will start taking other sectors like power and agriculture seriously.

The world have gone digital and decentralization is taking place, you need to wake up!
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by Alvin212(m): 10:42pm On Jun 06
Hahaha hahaha

Lagos IGR

Lagos IGR


IGR wey no fit buy a cup of garri
Re: Low Oil Production Threatens 2024 Budgeted Revenue – Nigerian Govt by unity004(m): 12:20pm On Jun 07
You are the one that need to wake up oga
https://www.nairaland.com/8117406/fg-may-borrow-6.6-trillion
Gboss247:
The world have gone digital and decentralization is taking place, you need to wake up!

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