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Nairaland Forum / PaulajBen's Profile / PaulajBen's Posts
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Michelle70: Money wey u use go bearbarn no follow for home running cost oh. I'm also a single guy in Port Harcourt and I don't spend 70-80k a week for just what I will eat, fuel and others. when you go groove your money finish you come here dey shout 1 Like |
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bro, for months now most oil wells are shutdown due to crude oil stealing and pipeline sabotage, Nigeria currently aint't producing up 1m bbl a day. Also when you are calculating Nigeria profit earnings from crude oil export, remember to minus the operating cost. Nigeria has one of the most expensive operating cost in the world. it takes about 30$ to produce a bbl of crude in Nigeria while its about 9$ to do same in Saudi Arabia. If you do the math, you know that Nigeria may be getting 50$ a bbl from crude. mind you they share the profit with the producers on 60\40 or 55/45 as the production agreement maybe. outta the profit the government pays subsidy to bring in refined products of the crude due to the corruption that has killed all our refineries. In all honesty Nigeria can't afford to pay university professors 2m a month salary. 2,000,000 monthly ![]() As at 2019, Nigeria had about 11,877 professors (though this include both those on private and public higher institutions). That means; monthly, the government will pay 2,000,000 x 11,877 = 23,754,000,000. That's over twenty three billion naira monthly. As at today, Nigeria produces about 1.2m BPD of crude oil (Our main source of income, excluding mineral resources from the north which I don't know why they don't mention it. Only God knows where that money is going to). Using the official exchange rate of about 414 naira/dollar, If 1 barrel is about 93 dollars, this becomes 1,200,000 x 93$ = 111,600,000 per day that's a total income of 111,600,000 x 414 = 46,202,400,000 (Nigeria's income from crude oil). THEN; 46,202,400,000 x 30 days = 1,386,072,000,000. This is over 1.3 Trillion naira monthly. Boy o boy, This country is making money. SUMMARILY, THE GOVERNMENT CAN PAY ASUU COMFORTABLY. [/quote] |
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the drunk 1 Like |
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...,and people still wonders why you failed woefully as coas, thank GOD it came out from your mouth, your appointment was never base on merit but nepotism and favoritism. main reason NIgeria will remain backward under Buhari ![]() ![]() ![]() ![]() 1 Like |
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Only if this Benna olosho knew she was dealing with an Nnewi man, one of the smartness people on earth. 8 Likes |
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Ukwa. if you are Igbo and from Anambra state. you ll understand why |
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hahahahahaha....when will north and buhari government stop lying to themselves? so in their bid to maintain that boko haram has been technically defeated, they have now renamed Boko haram "bandits. 1 Like |
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AmuDimpka: PLease how can I get C240 catalyst. the four side and like how much |
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