luvinhubby:

Even China stopped has stopped giving Nigeria loans since their economy slowed down.

Says who. Stop spreading false information. http://www.news24.com.ng/National/News/china-envisaged-to-fund-stalled-nigeria-projects-20151203

Adminisher:


Every oil buying country is taking this position. It has jack to do with MTN. India is a case in point . They are buying massively from Nigeria but have taken a position with Iran. Nigerian oil is high quality and priced above the Brent benchmark so every country wants to dilute and get the best of both worlds. Very little to do with MTN.

Thanks Bros,

The rate at which ignorance and myopia spread on NL beats me. Instead of these folks to do some quick research or come clean by asking for implications, they type ridiculous falsehood

OohLalah:
Nigerians bunch of emotional sisies! You need to be well informed first before throwing tantrums all over the show.

South Africa has always majorly bought and used the Iranian oil and Nigerian oil. Until SA was forced to stop buying crude from Iran because of the sanctions.

SA crude oil deal with Iran is an excellent deal to both countries that is not majorly influenced by the OPEC monster. SA is only going back to our working deal with Iran and we will still buy some crude oil from Nigeria but not at the levels we had to buy over the sanctions period.

Thanks Sister.

Fools here will spew ignorance with arrogance.

bezimo:


The US shale oil is currently out of business because at the current oil price they cant produce profitably.Many oil rigs are packed up in the US.

Even the Canadian company that is the biggest fracking company in the world producing Shale oil has folded up and sold out.
http://www.oilandgasinvestor.com/bankrupt-high-tech-fracking-company-sells-assets-785591

http://business.financialpost.com/news/energy/half-of-u-s-fracking-companies-will-be-dead-or-sold-by-the-end-of-this-year?__lsa=22f8-ff28

14:


Shoprite stores in SA = 1 400
Shoprite stores in nigeria = 27

Dstv subscribers in SA = 5.5m
Dstv subscribers in naija= 1.6m

game stores in SA = 700
game stores in naija = 8

what are you talking about, you see SA companies have more investments at home than in nigeria, so they can afford to walk out of Nigeria.

MTN subscribers in SA = ?
MTN subscribers in Nigeria = ?

mapet:


MTN subscribers in SA = ?
MTN subscribers in Nigeria = ?

The same dstv he gave crass fact about, help me ask him what mode of service delivery do they discharge to their subscribers in both countries.

In SA dstv runs a pay per view system;
In NG dstv runs a monthly payment systems!

Where do they make the profit. Obviously NG! cause you watch or not dstv will deduct for the month once you subscribe, which leads to numerous profit.

But in SA its contrary, can they make money from stations you never viewed?

We need sound debate not all this crass fact with no depth from that SA guy. This not time to be a chauvinist

I can smell fear here , The "zulus" will rule africa forever .

allthingsgood:


Opec is not UN. There can never be equal share, especially since we dont have equal production capacity. Go and read your history. OPEC is the only way the oil producers can fight the western world for our own resources.
Before the birth of OPEC, the 7 sisters: chevron, BP, etc were commanding who produces and at what price, toppling govts for oil, initiating wars and murdering our leaders.
Iran will not enter opec as long as saudi and nigeria control the cartel. Let them sell to the west and become their slaves

you have a problem understanding my argument. I am saying we need a body such as UN. What is OPEC doing differently to make sure prices go up. I am not saying equal share, I mean everyone can have a share of the market that favours everyone. So when buyers buy iran's crude, who will buy yours? It is not about entering OPEC it is about making money from your export. An organisation that protects everyone's interest is what is needed now in this industry. Crude availability when OPEC was formed is different from now. Do you have how an idea how many countries are producing crude now? Virtually all countries, Including your next door Ghana. Massive offshore projects and investments. It isn't about iran and OPEC now.

bezimo:


We Already have a West Africa Gas Pipeline (WAGP) network. it supplies gas to Ghana, we only need to extend it to other countries.

Ghana is already working on a reverse flow of gas supply as its refinery and gas plants are being completed. Ghana posses a better supplier atm than Nigeria due to lack of infrastructure and security

MPSA:


Don't cry when we(Zulus) hit your country again "Big man"

Zulus are not in a position to hit any country, not even tiny Lesotho which supplies you water or irrelevant Mozambique which gives you gas. Zulus don't venture outside the borders of south Africa because the free food stamps and welfare package of ANC won't cross the borders.

Zulus are Africa's cry babies.

Now shoo away.

iamord:
Ghana is already working on a reverse flow of gas supply as its refinery and gas plants are being completed. Ghana posses a better supplier atm than Nigeria due to lack of infrastructure and security

Remember that the West African gas line project covers all of west Africa, or most part and extends to some north African countries, it was meant to be a joint project with countries contributing to the project, although Nigeria being the source offered to contribute the largest sum.

I should remind you that Ghana was unable to meet its financial obligations for the project. Nigeria's then president, Obasanjor built that phase of gas pipe line for Ghana.

Thus Ghana supplying gas is a mere wish.

majekdom2:
you have a problem understanding my argument. I am saying we need a body such as UN. What is OPEC doing differently to make sure prices go up. I am not saying equal share, I mean everyone can have a share of the market that favours everyone. So when buyers buy iran's crude, who will buy yours? It is not about entering OPEC it is about making money from your export. An organisation that protects everyone's interest is what is needed now in this industry. Crude availability when OPEC was formed is different from now. Do you have how an idea how many countries are producing crude now? Virtually all countries, Including your next door Ghana. Massive offshore projects and investments. It isn't about iran and OPEC now.

What you are saying makes no sense. UN cannot control oil prices either. The fact that more countries only tells u there is little any organisation can do to increase the price. What is the special thing UN will do that OPEC isnt doing If Opec increases price, shale oil will steal more market. If OPEC reduces price, then member countries like nigeria who are already suffering will suffer even more. If OPEC increases production then the price will go down as well. Your argument holds no water and remains largely irrelevant.

NB you dont have to win every argument. Rather read and learn and understand the dynamics being presented.

MPSA:


Madam, Please do me a favor . Shut your mouth. Your brother( Blater 1) is cr*zy like you.

oh yeah? toast to your stupidity... it's legendary..internationally so..oh well, not international..you must be one of those timid south African men with the head warmer and sneakers,no? you doing the kwaito or whatever dance at this news?
...anyway, bad move by your government...Nigeria is Africa, Nigeria is MARKET! you south Africans will see Dstv, Stanbic/standard chartered bank, shoprite etc get booted out too..heck, some of us might boycott your tourism industry, then you can sit all day online yapping about Nigeria when you are laid off ..the only thing I personally might miss is your muesli.. but double heck I might just go on and start producing mine even for commercial quantity while smiling to the bank! so you see my Friend, Nigeria always will stand tall with or without South African economic ties..now show some respect to Nigeria,Nelson Mandela did immediately he came outta prison..learn from your elders, learn from the best of South Africa!

OohLalah:
Nigerians bunch of emotional sisies! You need to be well informed first before throwing tantrums all over the show.

South Africa has always majorly bought and used the Iranian oil and Nigerian oil. Until SA was forced to stop buying crude from Iran because of the sanctions.

SA crude oil deal with Iran is an excellent deal to both countries that is not majorly influenced by the OPEC monster. SA is only going back to our working deal with Iran and we will still buy some crude oil from Nigeria but not at the levels we had to buy over the sanctions period.

Have you preached this same sermon to your fellow Zulu-in-arms who was daft enough to link this with MTN's mess?

Start your sermon at home.

Lezzlie:
Remember that the West African gas line project covers all of west Africa, or most part and extends to some north African countries, it was meant to be a joint project with countries contributing to the project, although Nigeria being the source offered to contribute the largest sum.

I should remind you that Ghana was unable to meet its financial obligations for the project. Nigeria's then president, Obasanjor built that phase of gas pipe line for Ghana.

Thus Ghana supplying gas is a mere wish.

...

Lezzlie:
Have you preached this same sermon to your fellow Zulu-in-arms who was daft enough to link this with MTN's mess?

Start your sermon at home.

Your fellow igbos are the ones in arms linking this with Mtn 's panelbeating...

asadike:
This is just the beggining. I weep for dis country

Are you on www.Biafratown.com?

Dirkcoyt:


The same dstv he gave crass fact about, help me ask him what mode of service delivery do they discharge to their subscribers in both countries.

In SA dstv runs a pay per view system;
In NG dstv runs a monthly payment systems!

Where do they make the profit. Obviously NG! cause you watch or not dstv will deduct for the month once you subscribe, which leads to numerous profit.

But in SA its contrary, can they make money from stations you never viewed?

We need sound debate not all this crass fact with no depth from that SA guy. This not time to be a chauvinist

There is nothing like pay per view in SA. Stop spreading lies. We are all billed monthly according to the package we took.

MduZA:


Your fellow igbos are the ones in arms linking this with Mtn 's panelbeating...

Did you read the post of the first comment? I don't think so. Mtn was knocked into a financial coma since the rift started, losing 25% share of its stock. It took the renewal of its licence by NCC to boast its stock, mtn is limping in uncertainty as it is.

Look for something else to brag about

swedbase:


Are you on www.Biafratown.com?

ike agwu gom ebe na chohari gi. longest time. To answer your question: No dear, am not.

[quote author=asadike post=42152897] ike agwu gom ebe na chohari gi. longest time. To answer your question: No dear, am not.[/quote


Check your gmail now and reply pls

Lezzlie:
Did you read the post of the first comment? I don't think so. Mtn was knocked into a financial coma since the rift started, losing 25% share of its stock. It took the renewal of its licence by NCC to boast its stock, mtn is limping in uncertainty as it is.
Look for something else to brag about

Still, no matter the loses MTN endured, it managed to pull back over 16%. Moreover, I don't know if you will remember this post. MTN will win its case against NCC. Mark my words.

Dirkcoyt:


The same dstv he gave crass fact about, help me ask him what mode of service delivery do they discharge to their subscribers in both countries.

In SA dstv runs a pay per view system;
In NG dstv runs a monthly payment systems!

Where do they make the profit. Obviously NG! cause you watch or not dstv will deduct for the month once you subscribe, which leads to numerous profit.

But in SA its contrary, can they make money from stations you never viewed?

We need sound debate not all this crass fact with no depth from that SA guy. This not time to be a chauvinist

You know when someone tries to get cheeky with stats, we pay back in his own coin.....

allthingsgood:


What you are saying makes no sense. UN cannot control oil prices either. The fact that more countries only tells u there is little any organisation can do to increase the price. What is the special thing UN will do that OPEC isnt doing If Opec increases price, shale oil will steal more market. If OPEC reduces price, then member countries like nigeria who are already suffering will suffer even more. If OPEC increases production then the price will go down as well. Your argument holds no water and remains largely irrelevant.

NB you dont have to win every argument. Rather read and learn and understand the dynamics being presented.

you lack understanding . you are the one who needs to read and learn. I did not ask UN to come into the price play. I mean the global economy needs a global body that will protect producing companies' INTEREST. we have bodies like the UN ,OPEC already commonwealth that protect interest of member countries in different areas. WHat we need now is a body that will protect the interest of all oil producing countries and not OPEC alone. do you understand now.I have come to your level of reasoning. This body will allocate each market share to see to demand and supply. OPEC can do no jack.

Lezzlie:
Did you read the post of the first comment? I don't think so. Mtn was knocked into a financial coma since the rift started, losing 25% share of its stock. It took the renewal of its licence by NCC to boast its stock, mtn is limping in uncertainty as it is.

Look for something else to brag about

You are talking about MTN-Nigeria right?

MansaMoussa:
Nonsense!
We can boost the domestic market in Africa For our oil.
Secure a low interest loan from China and build a west Africa gas pipeline extending all the way to Gambia...then sell at rock bottom price, govt to govt..
Russia did it in Europe...we can do it

JUST NEGODU SENSE

Weep on baby!

asadike:
This is just the beggining. I weep for dis country

Lezzlie:
Remember that the West African gas line project covers all of west Africa, or most part and extends to some north African countries, it was meant to be a joint project with countries contributing to the project, although Nigeria being the source offered to contribute the largest sum.

I should remind you that Ghana was unable to meet its financial obligations for the project. Nigeria's then president, Obasanjor built that phase of gas pipe line for Ghana.

Thus Ghana supplying gas is a mere wish.

You should get your facts right so as not to come up here and mislead people and sound like an ignoramus , the West Africa Gas Pipeline is only connected to Nigeria, Benin Republic, Togo and ghana. Not the 'whole West Africa' and some parts or any part of 'North Africa'.
I will not be needing any reminder because there is no tangible factual memory of Nigeria building it for ghana.. heard of the word 'partnership' ?? the idea of the pipeline project was an 'ecowas' initiative with every country involved well represented by their partners and respective institutions with Chevron contributing the highest chunk (36.7%), Nigerian National
Petroleum Corporation (25%), Royal Dutch Shell (18%), Volta River Authority of Ghana (16.3%), Société Togolaise de Gaz
(SoToGaz - 2%) and Société Beninoise de Gaz S.A. (SoBeGaz - 2%). And not a one man show as u made it sound. Ghana currently has more volume than what is been supplied through the WAGP. With developments completed and coming up in the power sector. And the domestic target being met. Ghana is poised to export the surplus in a reverse flow which is something of a reality than a mere wish.. With the oil prices dropping and customers scampering for better deals like South Africa just did. Nigeria is in dire need of maintaining its few buyers and seeking new buyers. Now in a region where you have other oil producing nations offering better ROI and security also seeking buyers. It makes it a very competitive zone. Am not downplaying Nigeria's potential but making you see things through the eyes of an investor and not as an ignorant biased Nigerian

MduZA:


You are talking about MTN-Nigeria right?

I'm talking about the the firm so dear to South Africa that caused MTN hierarchy to crowd the Nigerian Commission desperately seeking for redress.

I'm talking about the firm that resulted in the untimely resignation of MTN's CEO , Sifiso Dabengwa.

FighterPilot:

Still, no matter the loses MTN endured, it managed to pull back over 16%. Moreover, I don't know if you will remember this post. MTN will win its case against NCC. Mark my words.

Mtn hasn't recovered the 25% loss incured, they are still fretting about meeting the deadlines set by NCC.

Whether they win, which is very unlikely, it is sweet victory for subscribers. The days of arbitrary impunity and flagrant disregard to business ethics and practices are gone.

Mtn now abide by the rules.

iamord:

[s]You should get your facts right so as not to come up here and mislead people and sound like an ignoramus , the West Africa Gas Pipeline is only connected to Nigeria, Benin Republic, Togo and ghana. Not the 'whole West Africa' and some parts or any part of 'North Africa'.
I will not be needing any reminder because there is no tangible factual memory of Nigeria building it for ghana.. heard of the word 'partnership' ?? the idea of the pipeline project was an 'ecowas' initiative with every country involved well represented by their partners and respective institutions with Chevron contributing the highest chunk (36.7%), Nigerian National
Petroleum Corporation (25%), Royal Dutch Shell (18%), Volta River Authority of Ghana (16.3%), Société Togolaise de Gaz
(SoToGaz - 2%) and Société Beninoise de Gaz S.A. (SoBeGaz - 2%). And not a one man show as u made it sound. Ghana currently has more volume than what is been supplied through the WAGP. With developments completed and coming up in the power sector. And the domestic target being met. Ghana is poised to export the surplus in a reverse flow which is something of a reality than a mere wish.. With the oil prices dropping and customers scampering for better deals like South Africa just did. Nigeria is in dire need of maintaining its few buyers and seeking new buyers. Now in a region where you have other oil producing nations offering better ROI and security also seeking buyers. It makes it a very competitive zone. Am not downplaying Nigeria's potential but making you see things through the eyes of an investor and not as an ignorant biased Nigerian

[/s] Emotional rants.

I don't know to begin debunking your claims. If you call me a lier, do you also accuse your former President for lying publicly? See excerpt below:



[b]FORMER PRESIDENT OF GHANA, MR JOHN KUFUOR; FORMER HEAD OF INTERIM GOVERNMENT, CHIEF ERNEST SHONEKAN; FORMER PRESIDENT OLUSEGUN OBASANJO AND SENATE PRESIDENT DAVID MARK, AT A CIVIC RECEPTION TO CELEBRATE FORMER PRESIDENT OLUSEGUN OBASANJO IN ABEOKUTA ON FRIDAY (18/1/13).
Former President of Ghana, John Kofi Agyekum Kufuor, has described Nigeria’s former president, Chief Olusegun Obasanjo as ‘a prophet’ and ‘a living legend’ who stands solid as a rock of Gibraltar.Kufuor, on Friday, in a lecture he delivered at a programme to celebrate the former president at the Olusegun Obasanjo Presidential Library, Abeokuta, Ogun state, southwest Nigeria, was full of praise for the former ruler. While acknowledging Obasanjo’s legendary status, Kufuor said that very few people are celebrated while they are alive, and in most cases, people wait until when leaders passed on before they were celebrated.

“Obasanjo is a prophet recognised in his own town and indeed in the whole of Africa. There are two things which a few people know that bound me and Obasanjo together. And this will be the first time I will mention it in the public.

“I was in government in my country between 2001 and 2009 while Obasanjo was in power from 1999 to 2007. When I assumed office in Ghana, I met an economy that was flat on its tommy, everything was grounded. The fuel we had in Ghana then could not last us a day. International communities were packing out of Ghana. After consultation with my executive, I concluded to go to Abuja and pleaded with Obasanjo to lift embargo on NNPC of lifting fuel to neighbbouring countries including Ghana. My plea was immediately granted and that was how Ghana’s economy came back on its feet.”

Again, the former Ghanian leader narrated his second encounter with Obasanjo in Washington, USA. He said when Ghana needed $90 million to execute the West African Gas Pipeline Project, he approached the then Nigerian president and without ado, he (Obasanjo) raised $40 million to assist the project.

Kufuor therefore praised and prayed for long life for the former Nigerian president.[/b]

let dem stop immidiatly

BlaqCoffee109:
oh yeah? toast to your stupidity... it's legendary..internationally so..oh well, not international..you must be one of those timid south African men with the head warmer and sneakers,no? you doing the kwaito or whatever dance at this news?
...anyway, bad move by your government...Nigeria is Africa, Nigeria is MARKET! you south Africans will see Dstv, Stanbic/standard chartered bank, shoprite etc get booted out too..heck, some of us might boycott your tourism industry, then you can sit all day online yapping about Nigeria when you are laid off ..the only thing I personally might miss is your muesli.. but double heck I might just go on and start producing mine even for commercial quantity while smiling to the bank! so you see my Friend, Nigeria always will stand tall with or without South African economic ties..now show some respect to Nigeria,Nelson Mandela did immediately he came outta prison..learn from your elders, learn from the best of South Africa!

"Liletz" ooh Please! Why you involve Nelson Mandela on this Are you crazy? You better shut your sm*lling mouth