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Nairaland Forum / Nairaland / General / Politics / Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG (14704 Views)
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Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by iwaeda: 5:58pm On Mar 09, 2022 |
The Federal Government has blamed the lack of investment in the oil and gas industry for Nigeria’s continuing failure to meet its 1.8 million barrels per day oil production quota set by the Organisation of the Petroleum Exporting Countries (OPEC).https://www.vanguardngr.com/2022/03/why-nigeria-cant-meet-opecs-1-8mb-d-oil-production-quota-%e2%80%95-fg/ 1 Like
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Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by alanto: 5:59pm On Mar 09, 2022 |
Oil price fall we suffer am, oil price high we go still suffer am? God hope no be say you forget Nigeria and nigerians. We dey your hand. ![]() 85 Likes 7 Shares |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by iwaeda: 6:04pm On Mar 09, 2022 |
Under Buhari we don't even have capacity to meet OPEC quota ![]() ![]() ![]() ![]() 57 Likes 2 Shares |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by buckeyemedia: 6:25pm On Mar 09, 2022 |
iwaeda:Which time in your history were you able to meet OPEC’s quota? Name the President? You think by blaming President Buhari exonerates your Father or grandfather from been part of Nigeria’s problem? Nigerians always looking for a scapegoat, it is always someone else, never us? 12 Likes 1 Share |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by iwaeda: 6:45pm On Mar 09, 2022 |
buckeyemedia:Years ago Nigeria was doing 2.4 mbpd. Hope you can read media because of your buckeye. Things started declining since Buhari wasted years arrive. No more FDI on new facilities. Learn to be smart and wise, not just defending blindly ![]() ![]() ![]() ![]() ![]() 100 Likes 12 Shares
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Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by iwaeda: 6:56pm On Mar 09, 2022 |
buckeyemedia: You lack home training, why do you always come online to blame people's father. Igba ti baba yin ojoyinloju. ![]() ![]() ![]() ![]() Hope you can see the bolded ![]() ![]() Speaking at the ongoing Ceraweek, in Houston, Texas, the Minister of State Petroleum Resources, Chief Timipre Sylva said the speed with which international oil companies and other investors were withdrawing investments in hydrocarbon exploitation has contributed significantly to Nigeria’s inability to meet OPEC targets. 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” No one will invest in unstable economy run by the likes of buhari ![]() ![]() ![]() ![]() ![]() 60 Likes 6 Shares |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by helinues: 6:59pm On Mar 09, 2022 |
Wey the refineries? ![]() 2 Likes |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by helinues: 7:01pm On Mar 09, 2022 |
iwaeda: Speaking at the ongoing Ceraweek, in Houston, Texas, the Minister of State Petroleum Resources, Chief Timipre Sylva said the speed with which international oil companies and other investors were withdrawing investments in hydrocarbon exploitation has contributed significantly to Nigeria’s inability to meet OPEC targets You copy and paste something, yet couldn't comprehend it.. Oh boy 4 Likes 1 Share |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by mycar: 7:02pm On Mar 09, 2022 |
And some folks are still clapping for this good for nothing government 18 Likes 1 Share |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by Sergio104(m): 7:06pm On Mar 09, 2022 |
![]() 1 Like |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by iwaeda: 7:34pm On Mar 09, 2022 |
7 Likes |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by helinues: 7:37pm On Mar 09, 2022 |
iwaeda: I don't know why some of you people don't even have an eyes pushing. People go burst you on una lies, instead to admit but una go wan dey carry unnecessary goal post. You couldn't comprehend what you copy and paste.. Na wah oo |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by iwaeda: 7:42pm On Mar 09, 2022 |
helinues: Tell me lies you bursted, I gave hard fact, that investors are leaving and no one will invest in buhari, bad economy. You are busy beating about the Bush ![]() ![]() ![]() ![]() 30 Likes 1 Share |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by helinues: 7:45pm On Mar 09, 2022 |
iwaeda: Chief Timipre Sylva said the speed with which international oil companies and other investors were withdrawing investments in hydrocarbon exploitation has contributed significantly to Nigeria’s inability to meet OPEC targets Gosh, at least if na paper bag, use it to cover your face 1 Like 1 Share
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Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by iwaeda: 8:23pm On Mar 09, 2022 |
19 Likes |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by ATEAMS: 8:59pm On Mar 09, 2022 |
Bullcrap |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by NwaNimo1(m): 8:59pm On Mar 09, 2022 |
7 Likes |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by nairaman66(m): 8:59pm On Mar 09, 2022 |
alanto: The FG through their foolish policies in connivance with the CBN and all have chased out all potential investors! 6 Likes |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by stano2(m): 9:01pm On Mar 09, 2022 |
FG always putting blames on others. 2022 and we still do not have a working refinery, na one person steal $150m, this is the loot we know of ooo. Refinery wey no pass $20b to build 5 Likes |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by 9jaBloke: 9:01pm On Mar 09, 2022 |
JAMB question. Insincerity for one and the total lack of leadership and economic direction |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by Eriokanmi: 9:01pm On Mar 09, 2022 |
iwaeda:At times you just have to keep quiet instead of embarrassing yourself due to ignorance. Google is there for everyone to use but some lazy youths won't. Had those investors not withdrawn due to security challenges and bad economy, we'd have done more than 1.8m/barrel because we had surpassed that in the past. Nigeria naira didn't just suffer this way, investors had taken back their dollar and invented elsewhere. Seplat, an indigenous oil company even wanted to buy some of the stakes left behind by one of those oil companies but politics is halting the move 1 Like |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by GloriousGbola: 9:02pm On Mar 09, 2022 |
Because we have a mumu as petroleum minister. Oil windfall passing us by. Sai buhari 10 Likes 1 Share |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by RESTMOUTH99(m): 9:03pm On Mar 09, 2022 |
Gat |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by unitysheart(m): 9:03pm On Mar 09, 2022 |
Yea. While global warming is an issue, we can't completely jettison use of gas to develop the power sector in Africa at this time. We should develop at a pace synonymous with our capabilities at this time. |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by cooltola(m): 9:04pm On Mar 09, 2022 |
Na Buhari cause am , because He is in charge- So yes the leader gets the blame with the whole APC or PDP . Poor leadership with poor results to show for- With the bombing of Ukraine, they still get light. Ordinary 10 hours a day light in major cities in NAIJA - na wahala. 4 Likes 1 Share |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by lecowas: 9:04pm On Mar 09, 2022 |
alanto: Too much sense no go kill u brother, this comment made my day ![]() |
Re: Why Nigeria Can’t Meet OPEC’s 1.8mb/d Oil Production Quota ― FG by Elidrisy20: 9:05pm On Mar 09, 2022 |
FG should suspend the petroleum minister jor |
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