Montaque:
Look at how APC pass blames.
it's now gone international.

amunkita:
Kachukwu should consult Buhari afterall he promised fixing the price once voted for.

Proudlyngwa:
You guys might want to read this thoroughly.
It will help enlighten you

http://www.merip.org/mer/mer171/oil-gulf-war
http://www.vox.com/2014/12/16/7401705/oil-prices-falling
http://m.nasdaq.com/article/everything-has-changed-oil-saudi-arabia-and-the-end-of-opec-cm432119.

Molebs:


Hmmmn... Very Informative!
If OPEC can't manage this crisis...let the cartel be disintegrated then. I expect her primary assignment to be to manage oil prices...
Every country seems to have lost it. Of the 12 countries, saudi seems to be the only country to breakeven with her budget.
Diversification, as always said, is the way.

Molebs:
Kachikwu saying he was not expecting this is a technical and analytical incompetence on his part.
it is well with my country.

Which way Nigeria?

Biafrarep:
Oil producing states must demand for total resource control. Why should Kano or Borno depend on oil money from Delta or Rivers when they can grow groundnut or cotton or even hides & skin for export?? This useless contraption will continue to go in circles because of laziness, selfishness, envy & myopia of the North. If the FG will not repel the land use act & vest control of resources to states then millitants must ensure that not a single barrel leaves our shores! Why cant Enugu mine & export coal found within D state or Kogi do same with iron ore or Oyo with cocoa or Ebonyi with Lead & Zinc or Plateau with Tin & Columbite etc. Why are D so called leaders bereft of sense? Come to think of it, Buhari still budgeted billions for oil exploration in D Chad basin! Everyday they keep yapping about diversification & local content yet D same Buhari budgeted more money for information ministry than agriculture, he still budgeted billions for importation of BMW cars instead of using local plandts. Hypocritical !diat.

eddy4naija:
I weep 4 dis contry becos if our past leaders had diversified d economy, we will not b in this mess today. we never had a real leader only bunch of unfocus and directionless rulers who only come 2 enrich demself at d expense of d people. I worked with d fed min of solid minerals b4 i left, and we had over 30 diferent solid minerals discovered nationwide in comercial quantities but alowed 2 waste away whereas most countries in world can only boast of one or 2 sm and are doing better dan us.may God save dis country

eddy4naija:
I weep 4 dis contry becos if our past leaders had diversified d economy, we will not b in this mess today. we never had a real leader only bunch of unfocus and directionless rulers who only come 2 enrich demself at d expense of d people. I worked with d fed min of solid minerals b4 i left, and we had over 30 diferent solid minerals discovered nationwide in comercial quantities but alowed 2 waste away whereas most countries in world can only boast of one or 2 sm and are doing better dan us.may God save dis country

jpphilips:


Very well then, pay the other states the development cost that was invested in the Niger delta, guess you think oil comes out through prayer and fasting? take your brain to the surgeon general for oil change, some of you are nincompoops by default.

Molebs:
@ jpphilips...you decided to insult everyone that had come to this thread to comment.
Dropping your opinion alone shouldn't hurt.. you can give it a try.. it works.
I learnt from your post though.