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Nairaland Forum / Nairaland / General / Business / Oil Price Falls Below Nigeria's new benchmark (23586 Views)
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Oil Price Falls Below Nigeria's new benchmark by Adesiji77: 11:21am On Nov 28, 2014 |
Efforts by Nigeria and four other members of the Organisation of Petroleum Exporting Countries to see a reduction in oil production to revive falling oil prices proved abortive on Thursday as the 12-member cartel decided to maintain production quotas. http://www.punchng.com/business/business-economy/economy-under-threat-as-oil-price-falls-below-73/ 3 Likes 2 Shares |
Re: Oil Price Falls Below Nigeria's new benchmark by ibdeals1(m): 11:26am On Nov 28, 2014 |
oh well 1 Like 1 Share |
Re: Oil Price Falls Below Nigeria's new benchmark by officenmore: 11:46am On Nov 28, 2014 |
The country economy heavily depends on oil & petroleum. Also for other industries in Nigeria oil & petroleum is the big boon. But this should be taken as a lesson as well that depending only on one industry will not help the economy in a long run. The country needs other small, medium and big businesses. Office Solutions in Abuja 3 Likes |
Re: Oil Price Falls Below Nigeria's new benchmark by Ebubeslym(m): 12:57pm On Nov 28, 2014 |
God is so wonderful... without this ups and downs... this world would have been a boring place not to worry.. world oil price will still climb up later. . but truely yeye dey oooze 2 Likes 1 Share |
Re: Oil Price Falls Below Nigeria's new benchmark by dreydee(m): 12:57pm On Nov 28, 2014 |
Nairaland App ooo! Am sure Seun has gotten over 1000 downloads today every body wants to taste front page MODIFIED: I always knew abandoning agriculture for oil would throw us into a pit someday. At least the only blessing the devaluation of the naira has brought is to encourage exportation and discourage importation. And what have we got to export ? Machines? No! Agricultural products! I can smell it! The good days are coming back! 8 Likes 1 Share |
Re: Oil Price Falls Below Nigeria's new benchmark by sommyblaze(m): 12:57pm On Nov 28, 2014 |
tell me its not groundnut oil you niggas are talking about, coz i cant live without akara 33 Likes 3 Shares |
Re: Oil Price Falls Below Nigeria's new benchmark by BRAV0O(m): 12:58pm On Nov 28, 2014 |
Okay let see maybe nigeria we learn this time , its no more play play! |
Re: Oil Price Falls Below Nigeria's new benchmark by davodyguy: 12:59pm On Nov 28, 2014 |
with the election coming and Jonathan who spends money anyhow on campaign, Nigeria is in big trouble 16 Likes 2 Shares |
Re: Oil Price Falls Below Nigeria's new benchmark by phollybee(m): 12:59pm On Nov 28, 2014 |
Military Zone... Keep Off! 4 Likes |
Re: Oil Price Falls Below Nigeria's new benchmark by Johnnoo(m): 12:59pm On Nov 28, 2014 |
Nigeria economy 1 Like |
Re: Oil Price Falls Below Nigeria's new benchmark by iceberylin(m): 1:00pm On Nov 28, 2014 |
One Good man to save us,we cant find |
Re: Oil Price Falls Below Nigeria's new benchmark by NaijaOptimist: 1:00pm On Nov 28, 2014 |
A committee has been set up to look into the matter. Hmmmmm, all dis oyel price you people are bringing down, diaris Goduuu ooooooooooo 2 Likes 1 Share |
Re: Oil Price Falls Below Nigeria's new benchmark by englishmart(m): 1:00pm On Nov 28, 2014 |
sommyblaze: paleo: phollybee:Taken NaijaOptimist: sammieguze: Whizzdom: just2endowed: joshbouy:my fellow Nairaland comrades, our incumbent president has been showing some lackadaisical attitudes towards our organisation.. Therefore we shall be meeting today by 10pm. We need to impeach him. Enough of his tyranny and insensitivity.... Come with your I.D cards. No jumping of fence pls.. Thanks. Yours faithfully Englishmart Iceberylin Seun... 15 Likes 1 Share |
Re: Oil Price Falls Below Nigeria's new benchmark by hrhobi1(m): 1:00pm On Nov 28, 2014 |
How much come be barrel of palm oil? 5 Likes |
Re: Oil Price Falls Below Nigeria's new benchmark by dorocent(m): 1:00pm On Nov 28, 2014 |
dis is jst d country's madness depending on oil only... too bad 2 Likes |
Re: Oil Price Falls Below Nigeria's new benchmark by arabbunkum: 1:01pm On Nov 28, 2014 |
Let it fall ! |
Re: Oil Price Falls Below Nigeria's new benchmark by Nobody: 1:01pm On Nov 28, 2014 |
It gets worse....Agriculture is Nigerias Future,whether we like it or not Meanwhile lemme take a peep oil-price.net Nigerian newspapers are politicized already 2 Likes |
Re: Oil Price Falls Below Nigeria's new benchmark by sammieguze(m): 1:01pm On Nov 28, 2014 |
Lol.... Dnt panic |
Re: Oil Price Falls Below Nigeria's new benchmark by Whizzdom(m): 1:01pm On Nov 28, 2014 |
GEJ ... der is God ooo .... Why be say na GEJ term all this bad stuff dey happen: - No Job - No Money - Corruption Plenty - School fees don turn to money wey dem use dey build house - Strike everywhere - Ebola show face Wel der is God, wot can we do?? We dey pray make God intervene in dis matta Lead us well, Mr. President 4 Likes 1 Share |
Re: Oil Price Falls Below Nigeria's new benchmark by just2endowed: 1:02pm On Nov 28, 2014 |
. |
Re: Oil Price Falls Below Nigeria's new benchmark by joshbouy(m): 1:02pm On Nov 28, 2014 |
. |
Re: Oil Price Falls Below Nigeria's new benchmark by omenka(m): 1:02pm On Nov 28, 2014 |
In Okonjo Iwahala's voice: Do not panic, we got everything under control. Let then keep adding Jets to the presidential fleet, building First Lady Mission House for tens of billions, and import stoves for billions too!! I think the country's got a bottomless trough of money from where the government could make incessant withdrawals to finance their strings of highly useless projects. #Ride on Jonathan. We are solidly behind you!! 20 Likes 1 Share |
Re: Oil Price Falls Below Nigeria's new benchmark by backtosender: 1:02pm On Nov 28, 2014 |
were ar those ignorant people that claim 45% GDP growth in nigeria comes from agriculture.... which at the moment north cannot produce enough to feed themselves talk-less of the rest of the country...SMH 2 Likes |
Re: Oil Price Falls Below Nigeria's new benchmark by Jayne2014(f): 1:02pm On Nov 28, 2014 |
The saga continues... This is just the beginning and there shall be no end until the beginning comes to an end. 1 Like |
Re: Oil Price Falls Below Nigeria's new benchmark by LaconicINC: 1:03pm On Nov 28, 2014 |
BAD MARKET,MONO-ECONOMY,WHAT DO U EXPECT,Nigeria-good people, great nation with terrible looters 2 Likes |
Re: Oil Price Falls Below Nigeria's new benchmark by Babyboy1986(m): 1:03pm On Nov 28, 2014 |
We hope so. |
Re: Oil Price Falls Below Nigeria's new benchmark by AlfaSeltzer(m): 1:03pm On Nov 28, 2014 |
I wish it will fall more so we can finally divide this useless country. 2 Likes |
Re: Oil Price Falls Below Nigeria's new benchmark by Ebubeslym(m): 1:03pm On Nov 28, 2014 |
Whizzdom: phollybee: Johnnoo: iceberylin: englishmart: paleo: sommyblaze: ibdeals1: Ebubeslym for president SPACE BOOKERS ASSOCIATION OF NAIRALAND 1 Like |
Re: Oil Price Falls Below Nigeria's new benchmark by braine(m): 1:03pm On Nov 28, 2014 |
We'll survive. |
Re: Oil Price Falls Below Nigeria's new benchmark by drfiwaj(m): 1:03pm On Nov 28, 2014 |
That's what u get when u practice mono economy .... No Nigerian president thought of changing that...yet some people that doesn't care about our future still wants Jonathan .... We need people like fashola or buhari to get us out of dis mess plsssssssss 3 Likes |
Re: Oil Price Falls Below Nigeria's new benchmark by dreydee(m): 1:04pm On Nov 28, 2014 |
iceberylin: Must you always taste front page |
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