Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,188,797 members, 7,935,410 topics. Date: Friday, 30 August 2024 at 09:00 AM |
Nairaland Forum / Nairaland / General / Politics / 2022: Nigeria Slashes Oil Prices (18957 Views)
FG Slashes 2020 Budget / Breaking News: Budget: FG Slashes Oil Benchmark To $30 Per Barrel / AEDC Slashes Power Bill By More Than 68% In Compliance With NERC's Order (Pics) (2) (3) (4)
Re: 2022: Nigeria Slashes Oil Prices by Mko123(m): 11:32am On Dec 28, 2021 |
[quote author=Emmypure post=108876665][/quote] Try to be sound in English at least so that people can take cognizance of how to fight for you. Will you blame BUHARIIIIIIII for this again? |
Re: 2022: Nigeria Slashes Oil Prices by Ekrebx007: 11:33am On Dec 28, 2021 |
Why can’t FG invest on Nigeria refineries rather than exporting.... this matter don tire person abeg�� 1 Like 1 Share |
Re: 2022: Nigeria Slashes Oil Prices by Emmypure: 11:35am On Dec 28, 2021 |
Mko123: Shey na by English? 1 Like |
Re: 2022: Nigeria Slashes Oil Prices by Coldie(m): 11:40am On Dec 28, 2021 |
Bonanza643:Ask Google |
Re: 2022: Nigeria Slashes Oil Prices by JONSYN7154: 11:40am On Dec 28, 2021 |
Lie!!! Bonanza643: |
Re: 2022: Nigeria Slashes Oil Prices by Coldie(m): 11:41am On Dec 28, 2021 |
Ekrebx007:I blame Gej � |
Re: 2022: Nigeria Slashes Oil Prices by Bonanza643(m): 11:41am On Dec 28, 2021 |
JONSYN7154:its true bro |
Re: 2022: Nigeria Slashes Oil Prices by Bonanza643(m): 11:42am On Dec 28, 2021 |
Coldie:google don't know this |
Re: 2022: Nigeria Slashes Oil Prices by FarahAideed: 11:48am On Dec 28, 2021 |
Don't worry our new oil well is called Borrowing |
Re: 2022: Nigeria Slashes Oil Prices by JONSYN7154: 11:49am On Dec 28, 2021 |
Bonanza643:how is it true? Here in the North nothing like that. |
Re: 2022: Nigeria Slashes Oil Prices by Bonanza643(m): 11:51am On Dec 28, 2021 |
JONSYN7154:here in Lagos city everything is possible bro |
Re: 2022: Nigeria Slashes Oil Prices by ahmedajadi(m): 11:57am On Dec 28, 2021 |
Bonanza643:If you wanna buy next time, buy from aboki... Na yoruba and ibo dey do that not aboki. |
Re: 2022: Nigeria Slashes Oil Prices by JONSYN7154: 11:59am On Dec 28, 2021 |
Bonanza643:Except in Lagos. You can order yours from the North if you have someone that can do that for you. |
Re: 2022: Nigeria Slashes Oil Prices by clothingonline(m): 12:17pm On Dec 28, 2021 |
We should not be buying gas and petrol all should be refined here Men clothing buy at low price |
Re: 2022: Nigeria Slashes Oil Prices by piagetskinner(m): 1:18pm On Dec 28, 2021 |
Oil has made this country so lazy.. Just imagine! We are blessed with so much mineral resources, that we are even yet to tap into 10 % of what God has put under the ground. May thunder and lightning strike these useless leaders 2 Likes |
Re: 2022: Nigeria Slashes Oil Prices by sterlingD(m): 2:04pm On Dec 28, 2021 |
Selfmotivated:When we have a government that is not serious what you get is just mere talk and no will politically and economically to act. 1 Like |
Re: 2022: Nigeria Slashes Oil Prices by Dshocker(m): 3:26pm On Dec 28, 2021 |
Bonanza643: Go and arrest them naaaaaa,why trouble us? |
Re: 2022: Nigeria Slashes Oil Prices by Litmus: 4:00pm On Dec 28, 2021 |
Nigeria should invest in the entertainment industry. It's a direct and indirect major earner for the US. Indirectly, it spreads US influence internationally, which in turn rewards US financially. Music industry revenue in the U.S. 2009-2020 The market size, measured by revenue, of the Movie & Video Production industry is $17.4bn in 2021. |
Re: 2022: Nigeria Slashes Oil Prices by Litmus: 4:11pm On Dec 28, 2021 |
Instead of Nigeria's disloyal music stars going online ( e.g Flavor) to support Shatta Wole and talking of helping music stars from Ghana and elsewhere, they should be investing in young Nigerians. They should be laying the groundwork for sustainability of Nigeria music. Invest in music instruments manufacturing, stores, music making studios etc in Nigeria. Stop going over to Ghana to fawn around and act stupid. |
Re: 2022: Nigeria Slashes Oil Prices by Litmus: 4:20pm On Dec 28, 2021 |
You Nigerians only have yourselves, your huge population is one of your few asset don't let that go! |
Re: 2022: Nigeria Slashes Oil Prices by Speakright79(m): 4:23pm On Dec 28, 2021 |
34 cents per barrel of crude oil? Is the writer of this article high on Igbo? |
Re: 2022: Nigeria Slashes Oil Prices by Chuknovski(m): 4:31pm On Dec 28, 2021 |
Bonanza643: Wasup with this pepper stuff, you're all over nairaland with this topic, go ahead and sell your adultrated pepper |
Re: 2022: Nigeria Slashes Oil Prices by kjhova(m): 5:00pm On Dec 28, 2021 |
treesun: Nigeria cannot invest in renewable energies. Let's not kid ourselves too much. Where is the research program here that can match all of the effort that has been put into this in more developed economies? Crude oil, while it hasn't benefited this country as much as hoped for, is the reason why Nigeria is different from many African dead ends like Togo, Liberia or Guinea. And crude oil will remain relevant for the next 50 to 70yrs despite rapid development in non-fosil fuel tech. Therefore, I really don't see how it's a bad idea if we pursue efforts to locate oil in the Chad basin. After all, the French found oil in Niger and in Chad itself! Yes, I understand the petty politics of ethnicity and geography that bedevil the Nigerian mind. Still, some of us have to see the bigger picture and stay above the idiocy of wishing failure on ourselves. Let's have oil in the Chad basin and it may turn out to be the balancing act we needed since the 60s to stabilize Nigeria's so-called "political equation". 1 Like |
Re: 2022: Nigeria Slashes Oil Prices by minks(m): 5:11pm On Dec 28, 2021 |
This bubu government, na only to dey slash and borrow and to dey travel up and down him Sabi. |
Re: 2022: Nigeria Slashes Oil Prices by kjhova(m): 5:15pm On Dec 28, 2021 |
Ekrebx007: You don't understand the geopolitics of oil. Iran has robust refining capacity yet nobody buys products from them because America said don't. Once upon a time, Russian D2 diesel was banned in Nigeria, ostensibly for not meeting standard! If Nigeria decides not to sell crude anymore and scales her refining capacity to switch export to products only...our number 1 & 2 buyers, India and China may switch to other sellers as they have there own refining capacity and don't wish to buy products when they can lift crude for local refining. That's you loosing the guys that guarantee 60% of your crude sales! Also, you will need to invest in huge storage capacity (mostly underground artificial cisterns, overground tankfarms and offshore super tankers). Believe me, our next 15yrs budget can't even fund these. Also, you'd be needing the technology of the same Chinese and Indians you plan to undercut, to achieve this project. You won't get it. Forget the Europeans and Americans, they won't even listen to you unless maybe you pay upfront. Koko is, it is a very long term project, even if we can somehow achieve the dream. And I don't see how democratic admins with 4yrs shelf life and needing projects to campaign for next elections with will have the political will to invest HEAVILY in decade long projects like above. 2 Likes |
Re: 2022: Nigeria Slashes Oil Prices by Selfmotivated: 5:32pm On Dec 28, 2021 |
sterlingD:I feared the country will feel it by 2030 when electrically powered cars will be invented. God bless Nigeria with enormous resources but they are misusing it, what if the oil dried up one day. They will eventually return to agriculture. |
Re: 2022: Nigeria Slashes Oil Prices by Nobody: 7:51pm On Dec 28, 2021 |
No cause for alarm, na the extra wey we de put ontop the global price of oil dem wan reduce, from +33cents to +24cents per barrel... This would greatly improve our game at the lobbying platforms, close to the likes of Saudi Arabia. We are still good to go. |
Re: 2022: Nigeria Slashes Oil Prices by Hkff: 10:00pm On Dec 28, 2021 |
Oh |
Re: 2022: Nigeria Slashes Oil Prices by Ovamboland(m): 12:25am On Dec 29, 2021 |
Eriokanmi: Your attempt to ethnicise the Nigerian problem is an epic fail, and exposes you as a bigot. How come the presidents who are not Fulani failed to diversify the economy when they had the chance for 13 years out of the past 20 years? Why did they not retrench workers to cut wasteful salary? Or poverty was not existing in Nigeria in their own time? 2 Likes |
Re: 2022: Nigeria Slashes Oil Prices by Ovamboland(m): 12:27am On Dec 29, 2021 |
Ekrebx007: You are free to also invest in refinery, not only in crypto and money doubler schemes |
Re: 2022: Nigeria Slashes Oil Prices by Nobody: 2:23am On Dec 29, 2021 |
Makes no commercial at all. If you are unable make your required volume of sale it makes for sense to increase prices than to slash. I have yet to see a situation where reducing price has ever resulted in more net income. |
Afenifere Reacts To President Buhari's 'herdsmen Don't Carry AK-47' Comment / FG Distributes 13,000 Cooking Gas Cylinders To Rural Women In Nasarawa / Borrowing To Subsidise Electricity Grossly Irresponsible -FG
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 38 |