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Nairaland Forum / Nairaland / General / Politics / Aje Oil Field Begins Production As Lagos Joins Oil Producing States (36322 Views)
Buhari Asked Me To Visit Oil Producing States- Osinbajo / Ambode Receiving The Crude Oil Sample From Aje Oil Well In Lagos. PHOTO. / Aje Oil Field Lagos With Pixs (2) (3) (4)
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Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by CSTR2: 7:25am On May 04, 2016 |
I have been hearing this since 2010, yet the. NDDC just somehow never recognizes Lagos. The government of Lagos must be obsessed with phantom oil. Oil that nobody else can see. 1 Like |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by gidgiddy: 7:32am On May 04, 2016 |
Super1Star: Maybe finally they will start thinking about their sovereingty and Oduduwa Republic instead of running around looking for who they will do 'one Nigeria' with. 3 Likes |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by OkoNDOoBo: 7:44am On May 04, 2016 |
When is ogun going to join sef |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by Burger01(m): 7:44am On May 04, 2016 |
Wow! Our Eko o ni baje.. O baje ti 9 Likes 2 Shares |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by Burger01(m): 7:47am On May 04, 2016 |
DropShot:I agree totally. They are still mourning... Wailing mourners 11 Likes 1 Share |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by omolola15(m): 7:47am On May 04, 2016 |
georjay: Dem go fight tire today. Me i don carry popcorn follow body. Let the party begin. |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by Nobody: 7:48am On May 04, 2016 |
georjay:Good one Lagos! 5 Likes |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by bennywise30(m): 7:51am On May 04, 2016 |
God should help the northerners to have the same so we can split peacefully, im tired of one nigeria 3 Likes |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by loomer: 7:51am On May 04, 2016 |
seunmsg: Why na so so Igbo and Yoruba quarrel dey NL and una dey still hope for one Nigeria. Make una stop this hate on social media I beg |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by Nobody: 7:52am On May 04, 2016 |
Land grabbers and Oyel thieves should beware. 8 Likes 1 Share |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by olajigaolamide: 7:52am On May 04, 2016 |
Nice Enough |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by wristbangle: 7:52am On May 04, 2016 |
Super1Star: Ogun state will definitely join oil producing in few years time. Research analyst discovered that there is deposit of oil at Ipokia, imeko and other areas under yewa south/north LGA. 11 Likes 1 Share |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by olajigaolamide: 7:52am On May 04, 2016 |
I do not think we have oil in ekiti 1 Like |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by Nobody: 7:54am On May 04, 2016 |
seunmsg: They might be lagosians but check the guys manning the outfit and doing the intellectual mathematics.They are Igbos- 2 Likes |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by omenka(m): 7:55am On May 04, 2016 |
I don't understand why a news of this nature still hurt some people!! Na devil himself una be?? Haba!! 21 Likes 2 Shares |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by bardmorz: 7:55am On May 04, 2016 |
Me no buy all dis one at all. Even if all states discover oil, if d minister of petroleum no step on toes, we will continue to b in our present mess. |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by kumakunta: 7:56am On May 04, 2016 |
Oops! Bad news for some people. Ondo, edo and now Lagos. God bless descendants of Odua , God bless Nigeria. 10 Likes 1 Share |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by datoun(m): 7:56am On May 04, 2016 |
Dividend of been in the ruling party. The oil has been discovered several years ago but Lagos status as an opposition state has denied her confirmation as an oil producing state severally. Congratulations Lagosians, hope we won't end up like Bayelsa. So much money, nothing to show for it. 18 Likes 1 Share |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by Nobody: 7:57am On May 04, 2016 |
Thank God for Lagos... I bliv "one Nigeria" can separate peacefully very soon.... 3 Likes |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by Mendelssohn(m): 7:58am On May 04, 2016 |
hassan85: Soon..... Ondo ke? Which planet are you from? 9 Likes |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by Nobody: 7:58am On May 04, 2016 |
SeverusSnape: while the predecessor 'nailed almost everything in the head' |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by datoun(m): 7:59am On May 04, 2016 |
Just when we think the Oil will soon dry up, we're still discovering more. Indeed, God is a Nigerian. 4 Likes |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by comos: 7:59am On May 04, 2016 |
The oil belongs to nigeria not lagos. Niger Detan can lay claim to it |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by Nobody: 7:59am On May 04, 2016 |
Its good that Lagos has added an extra bead to its already long chain of viable sectors. However @SamuelAnyawu it does not really affect other oil producing states esp those in the Delta. The 13% deriv tax is based on the dollar value of your production. Akwa Ibom,Rivers, Delta and Bayelsa produce 92% of the total and as such get a cumulative .13 of that amount( compare with rivers' 340k or AKS' 504k). Lagos will get same of whatever it produces, note that Aje is a field set to plateau at 50k to 80k(tops) a day. Lagos' $ 150 billion economy still and will always be based off the robust services sector that makes it the numero uno city in the west africa region. Speaking of states like Borno, the issue will be making the oil commercially viable. Chances are its heavy sour and highly acidic( TAN) just like the Doba(same Doba basin) blend next door in Chad.Which would mean low prices, say when light sweet sold for 26, that specific blend sold for about 15-17 dollars. Not to mention the infrastructure needed to channel it to the coast. Linking it thru the ones in cameroon that chad uses would prolly be cheapest OR building new transport infrastructure down to our own coast... But how much per barrel is the transport tax going to be ?? This complicates things for an already poorly priced product that has to be marketed almost solely to north american refineries that already get heavy crude from Alberta ( not to mention shale etc)?? Consider clean-fuel regulations and oil refiners' desirability for more appropriate light sweet and u see why it isn't really all that glittery. All of this hassle for about 2 billion barrels tops reserves.... Nigeria is a diverse place , let everybody do what they can but we should never avoid specifics. 12 Likes 4 Shares |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by engrkaz(m): 8:00am On May 04, 2016 |
Hmmmm!!! Hope it won't affect the fishing activities in Epe n Badagry? The vegetables farms at Ise. Now we can welcome Lagos to the association of states under the firm grip of economic hitmen...... |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by Nobody: 8:01am On May 04, 2016 |
SamuelAnyawu:I tell you! It's good news for Nigeria and bad news for the 'We South/South'. Nobody is gonna hold the country to ransom again, or foolishly scream 'our oyel' 'our oyel'. Haha! How I pray oil is discovered in the chad basin and even in the fringes of Sokoto make everybody begin answer their papa name. Na then some people eye go clear. Cheers to Lagos and the S/W. 26 Likes 4 Shares |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by Nobody: 8:01am On May 04, 2016 |
Now this is GOOD NEWS on a fine Wednesday morning God Bless Lagos/Eko. God Bless The Yoruba Folk. God Bless The President. And God Bless Nigeria. AMEN 13 Likes 1 Share |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by Nobody: 8:03am On May 04, 2016 |
STALE NEWS........ Even Anambra oil is far bigger than what they believe the well will produce, its far less than what One well in my community produces out of the 35 wells we have in EGI Rivers...... its less than 5,000 barrels per day that is even if its true. |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by dabbe(m): 8:03am On May 04, 2016 |
Thumbs up lagos...... The best state/City in Nigeria.... Diamond will soon be discovered in Oyo state with the way things are going. Seems God is truly a Nigerian 10 Likes |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by beGOOD4aba(m): 8:04am On May 04, 2016 |
What's senseless in his post? Experts has been saying that search for oil in Chad Basin is a waste of resources. And u are here hating truth. Accept d message which is a reality and stop scolding d messenger. Always making senseless posts. A broken record already. The right word to describe your frustration is mourning. It's no longer wailing![/quote] |
Re: Aje Oil Field Begins Production As Lagos Joins Oil Producing States by seunmsg(m): 8:04am On May 04, 2016 |
emekamigo: You mean the labourers doing the dirty job? Yeah, they've been well paid for their services. 19 Likes 1 Share |
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