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Nairaland Forum / Nairaland / General / Politics / How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod (774 Views)
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How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by ogododo: 8:41am On Aug 13 |
Tinubu had claimed that Nigeria’s crude oil production hit 1.6 million barrels per day. He had further claimed that this development is due to reforms by his administration in the oil sector. Data by the Organisation of Petroleum Exporting Countries (OPEC) has shown that President Bola Tinubu may have misled Nigerians with his claims on oil production in the country. During the speech to address issues raised by the #EndBadGovernance protesters on August 4, President Tinubu had claimed that Nigeria’s crude oil production hit 1.6 million barrels per day. He had further claimed that this development is due to reforms by his administration in the oil sector. “Our once-declining oil and gas industry is experiencing a resurgence on the back of the reforms I announced in May 2024 to address the gaps in the Petroleum Industry Act. “Last month, we increased our oil production to 1.61million barrels per day, and our gas assets are receiving the attention they deserve. Investors are coming back, and we have already seen two Foreign Direct Investments signed of over half a billion dollars since then.” he had stated. Meanwhile, OPEC data just released has shown that by direct communication, Nigeria’s crude oil production per day stood at 1.3 million barrels per day as of July, 2024, which is the month Tinubu referred to. Based on secondary sources, crude oil production was also recorded as 1.3 million barrels daily. This is about 300,000 barrels daily below what Tinubu claimed to be Nigeria’s production. The data also shows that Nigeria has not reached the 1.4 million barrels daily it reached in January this year based on the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) data. OPEC data is also usually in-tandem with the Nigerian government own data based on a comparison of data from NUPRC and OPEC. For instance, in May 2024, by direct communication, OPEC put Nigeria’s crude oil production at 1.25 million barrels daily, same as the NUPRC figure which also quoted 1.25 million barrels daily. In June 2024, OPEC stated that Nigeria’s crude oil production stood at 1.27 million barrels daily per direct communication, same as what the NUPRC published. It is unclear how Tinubu got his own data that he used to address Nigerians on August 4. https://saharareporters.com/2024/08/13/breaking-how-tinubu-lied-nigerians-nationwide-broadcast-opec-data-shows-oil-production
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Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by SWriter(f): 8:42am On Aug 13 |
Lie? |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by DevilsEqual(m): 8:46am On Aug 13 |
300k barrels? Point is, we're still far off where we are supposed to be and this shouldn't be a news There are 10000 other things u can hold him accountable for,not some slight mistake in statistical Data 13 Likes 1 Share |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by DeLaRue: 8:50am On Aug 13 |
The disparity is probably because: Nigeria's production figures includes condensates. Opec's figures do not include condensates. 5 Likes |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by ogododo: 9:57am On Aug 13 |
DevilsEqual:Una de call 10000 small multiply am by $78.3 per day per 360. More dan una palliatives. |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by Saao(m): 10:00am On Aug 13 |
DevilsEqual: |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by seunmsg(m): 10:03am On Aug 13 |
Oil data does not show condensate. What Mr. President broadcasted was total crude oil production plus condensate. 13 Likes 1 Share |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by Ikaeniyan0: 10:06am On Aug 13 |
ogododo:OPEC oil data figures don't include condensate and OPEC got their figures from the NUPRC |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by oyichi: 10:08am On Aug 13 |
even this man and his wife are seriously involved in oil theft, Nigeria is in the hands of her worst enemy right now 1 Like |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by Racoon(m): 10:13am On Aug 13 |
Nigeria underestimated the moral burden or baggage its find itself in the person of Tinubu. 1 Like |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by Racoon(m): 10:15am On Aug 13 |
DevilsEqual:-Same man that has been forging certificates while graduating from ghost schools before they were formed? -The same Bola Tinubu that mistakingly shared flat with drug barons who used his accounts to transfer illicit funds of heroin trafficking? -Same Tinubu that claimed that Senator Tokunbo Afikuyomi filed false detailed of affidavits that he personally signed thereby committing forgery and perjury but never prosecuted for it? -The same Tinubu that shamelessly stole and was passing Donald Duke Childhoold picture on autobiography as his own? Perhaps you still think you are talking to deadbeat mummified zombies with warped brains. 2 Likes |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by ogododo: 11:42am On Aug 13 |
Nlfpmod. |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by BlackfireX: 11:44am On Aug 13 |
Can tinubu/APC lie to Nigerians ?? ![]() |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by Gbogbowa: 11:55am On Aug 13 |
Ikaeniyan0:pls how are they selling condensate and what is the economic importance |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by HIGHESTPOPORI(m): 12:03pm On Aug 13 |
seunmsg:Grammar,why did he not include it in his speech |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by seunmsg(m): 12:22pm On Aug 13 |
HIGHESTPOPORI: And why should the President be wasting time breaking down the difference between Crude oil and condensates? If you want the details, go to NNPC and ask. 13 Likes |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by Max24: 12:34pm On Aug 13 |
Obidients are semi - illiterates. They were busy selling gala when omoluabis we're attending schools. Same way they were arguing 25% of Abuja during last elections until Supreme Court trashed their arguments. Dem no dey tire. Dem go wail tire ! No evidence ! 1 Like 1 Share |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by ogododo: 9:10pm On Aug 13 |
Max24:Una still dey defend balabluu. 2 Likes |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by Max24: 3:28am On Aug 14 |
ogododo:U go wail tire ! |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by Kobojunkieee: 3:34am On Aug 14 |
SWriter:Yes, Tinubu lied to Nigerians on National TV regarding Oil production rates in Nigeria, among other things.
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Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by Validated: 3:39am On Aug 14 |
DevilsEqual:... but if Obi said that you will amplify the it on all platforms 1 Like |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by Validated: 3:41am On Aug 14 |
Max24: Can't you see you are the one wailing for #Worst GovernmentInNigeria 1 Like |
Re: How Tinubu Lied To Nigerians In Nationwide Broadcast As OPEC Data Shows Oil Prod by BafanaBafana: 4:08am On Aug 14 |
Tinubu is a career criminal so lying is not alien to him 1 Like |
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