Kennyswagz2:
oil not up to Ondo state. I have not even add ogun state

No be you talk say OGUN and Lagos don't have crude oil?

Me too I haven't talked about Enugu and Ebonyi

Afonjas and chameleon

Kennyswagz2:
what amount of crude oil do they produce
Just few cups

What about the IGBO communities in SS that has oil?

ChiSomtoChi:



No be you talk say OGUN and Lagos don't have crude oil?

Me too I haven't talked about Enugu and Ebonyi

Afonjas and chameleon

abi you blind I say ogun never dey explore their oil.. but them get oil.. go back go read my initial post again..
Illiterate

ChiSomtoChi:

What about the IGBO communities in SS that has oil?

which igbo communities

https://www.nairaland.com/3881821/ondo-no-longer-oil-producing/1


Afonjas stealing Ijaw oil in Ondo state

Oil grabbers

Kennyswagz2:
which igbo communities

Etche of Rivers State is one of them. They deny being Ikwerres and chose being Igbos

ChiSomtoChi:
https://www.nairaland.com/3881821/ondo-no-longer-oil-producing/1


Afonjas stealing Ijaw oil in Ondo state

Oil grabbers

did you even go through the link you posted and read the comments there
Clownish mumu

https://www.nairaland.com/3690614/not-part-oduduwa-republic-ijaws/8

oops! Afonjas forcing Ijaws into Oduduwa Republic so that their old afonjas will take control of the Ijaw oil in Ondo state.

https://www.nairaland.com/2295746/major-ijaw-cities-towns-nigeria

confirmed. Ijaw communities in Ondo oil state

Yorubas don't have oil. Afonjas camouflaging under ijaw oil in Ondo state

ChiSomtoChi:


Etche of Rivers State is one of them. They deny being Ikwerres and chose being Igbos

how many oil

ChiSomtoChi:
https://www.nairaland.com/3690614/not-part-oduduwa-republic-ijaws/8

oops! Afonjas forcing Ijaws into Oduduwa Republic so that their old afonjas will take control of the Ijaw oil in Ondo state.

see your shameless people begging ijaws here.. unlike you guys, we didn't beg ijaws cause we don't need them.
https://www.nairaland.com/3884933/not-part-biafra-ijaw-youths

Kennyswagz2:
how many oil

Loser.

Umuechem - Etche is the second place oil was discovered in Nigeria since the beginning of exploration in the area in 1958. Today, Etche has over 250 producing oil wells and a host of flow stations. It is also said to have the largest deposit of natural gas, south of the Niger river.

ChiSomtoChi:
https://www.nairaland.com/2295746/major-ijaw-cities-towns-nigeria

confirmed. Ijaw communities in Ondo oil state

Yorubas don't have oil. Afonjas camouflaging under ijaw oil in Ondo state

you will tell me when ilaje has become an ijaw town now
https://en.m.wikipedia.org/wiki/Ilaje

ChiSomtoChi:




Loser.

Umuechem - Etche is the second place oil was discovered in Nigeria since the beginning of exploration in the area in 1958. Today, Etche has over 250 producing oil wells and a host of flow stations. It is also said to have the largest deposit of natural gas, south of the Niger river.

your source.. don't quote Wikipedia for me

Biafran losers begging others to join them
https://www.nairaland.com/3882605/not-biafrans-akwa-ibom-group/2
https://www.nairaland.com/3825074/ipob-begs-urhobos-isokos-observe
https://www.nairaland.com/3845539/urhobos-nigerians-not-biafrans...
https://www.nairaland.com/3862945/igala-not-part-biafra

ChiSomtoChi:


Imo state, Abia state, Anambra state, IGBO speaking areas in Rivers, Igbo speaking areas in Delta, Igbo speaking areas in Edo etc

your brain is a mass of mess. Where are the igbo speaking communities in Edo located? South East has no oil. Lock up and go back to your cocoon.

ChiSomtoChi:


They are already admitting their Igboness pained ass hole

if you want to become stupid, open a thread for it. This isn't the right thread for you, I won't warn you for too long.

Okay reading Ghana re=based GDP. The Ghanian Cedis is deteriorating every year against the USD. Something is wrong with Ghana macro-economics. In 2012 - it was nearly pegged to the dollar..then it became 1.92 in 2013, then 2.94 in 2014, then 3.78 in 2015, then 3.92 in 2016, then 4.36 in 2017, then 4.59 in 2018 and now in 2019 it's approaching 5.2.
http://www.statsghana.gov.gh/gssmain/fileUpload/National%20Accounts/Annual_2013_2018_GDP_April%202019%20Edition.pdf

rvp2018:
Okay reading Ghana re=based GDP. The Ghanian Cedis is deteriorating every year against the USD. Something is wrong with Ghana macro-economics. In 2012 - it was nearly pegged to the dollar..then it became 1.92 in 2013, then 2.94 in 2014, then 3.78 in 2015, then 3.92 in 2016, then 4.36 in 2017, then 4.59 in 2018 and now in 2019 it's approaching 5.2.
http://www.statsghana.gov.gh/gssmain/fileUpload/National%20Accounts/Annual_2013_2018_GDP_April%202019%20Edition.pdf

go drink changaa and leave ghana out of ur rants.

Is Ghana your mother or property?

theenchanter:
go drink changaa and leave ghana out of ur rants.

rvp2018:
Is Ghana your mother or property?

No, u have fire over ur roof but u choose to mind ur neighbor's leaky roof.

Whatever I choose to spend my time and energy on is none of your business.

theenchanter:
No, u have fire over ur roof but u choose to mind ur neighbor's leaky roof.

rvp2018:
Whatever I choose to spend my time and energy on is none of your business.

that's eschewal.

rvp2018:
Okay reading Ghana re=based GDP. The Ghanian Cedis is deteriorating every year against the USD. Something is wrong with Ghana macro-economics. In 2012 - it was nearly pegged to the dollar..then it became 1.92 in 2013, then 2.94 in 2014, then 3.78 in 2015, then 3.92 in 2016, then 4.36 in 2017, then 4.59 in 2018 and now in 2019 it's approaching 5.2.
http://www.statsghana.gov.gh/gssmain/fileUpload/National%20Accounts/Annual_2013_2018_GDP_April%202019%20Edition.pdf

You should be more worried about kenya shilling which has lost over 50 percent of its purchasing power and yet yet the exchange rate has declined by only 20 percent .That implies your currency is overvalued by 30 percent. there is no two way about it. your national statistics is highly doctored .....And You are here claiming Nigeria and Ghana massage numbers when it is glaring clear your economy is in shambles....

You want compare shilling that has been operating on a massage therapy to a free float currency? the Ghana cedis...

But let me educate you, The depreciation of cedi is structural and not necessarily due to any form of mismanagement of the economy or micro economy. . Ghana inflation is going down 7.6 percent, producer price index is going down, economy is growing at 7 percent(one of the highest in the world) Therefore it is too ignorant to link cedis depreciation to weak economy fundamentals because all economy index proves Ghana economy is healthy, so it's structural.

in a nut shell, the main depreciation or appreciation of the cedi is fundamentally determined by the supply and demand for US dollars. in Ghana. the supply of USD is mainly from foreign reserves which is dependent on the amount of foreign exchange Ghana receive from exports and foreign aid. With Ghana now classified as a lower middle-income country, the foreign aid component would continuously dwindle

As I type now. Ghana foreing reserve is over 9.2 billion dollars and that is enough to take thru this month . how much do kenya has up there

vaxx2:
Dangote is not a key authority in Ghana cement industry. he is just a player ....now goverment has even regulate its buisness more. stastically, the amount of cement he brought to Ghana has reduce unlike before, so most of its product are largely smuggled in . how can such a player knows the accurate figure. he can ballon it or downsized it for its own benefit ....

Just kick Dangote out of Ghana, problem solved.

gallivant:


Just kick Dangote out of Ghana, problem solved.

He pay heavy tax. goverment will decline but the present goverment had some how managed to reduce its import than the former one who personally loves dangote

ChiSomtoChi:
https://www.nairaland.com/3690614/not-part-oduduwa-republic-ijaws/8

oops! Afonjas forcing Ijaws into Oduduwa Republic so that their old afonjas will take control of the Ijaw oil in Ondo state.

vaxx2:


You should be more worried about kenya shilling which has lost over 50 percent of its purchasing power and yet yet the exchange rate has declined by only 20 report , the report.That implies yours currency is overvalued by 30 percent. this is no two way about it. your national statistics is highly doctored .....And You here claiming Nigeria and Ghana massage numbers when it is glaring clear your economy is in shambles....

You want compare shilling that has been operating on a massage therapy to a free float currency? the Ghana cedis...

But let me educate you, The depreciation of cedi is structural and not necessarily due to any form of mismanagement of the economy or micro economy. . Ghana inflation is going down 7.6 percent, producer price index is going down, economy is growing at 7 percent(one of the highest in the world) Therefore it is too ignorant to link cedis depreciation to weak economy fundamentals because all economy index proves Ghana economy is healthy, so it's structural.

in a nut shell, the main depreciation or appreciation of the cedi is fundamentally determined by the supply and demand for US dollars. in Ghana. the supply of USD is mainly from foreign reserves which is dependent on the amount of foreign exchange Ghana receive from exports and foreign aid. With Ghana now classified as a lower middle-income country, the foreign aid component would continuously dwindle

As I type now. Ghana foreing reserve is over 9.2 billion dollars amd that is enough to take thru this month . how much do kenya has up there

My friend your currency is so useless most Ghanian prefer to keep the dollar.I mean something that loses value in such scale is very shocking.Even the Naira is not that bad.And this is historical problems you cannot seem to solve.Initially cedis had become so useless you started pegging to the dollar..it hasn't helped at all because now 5 cedis is equal to a dollar.Ksh is Africa strongest currency for many years now.It depreciated to the dollar in a decade from 78shs to now 100shs.We don't export lots of minerals and yet our forex reserve are 9b dollars.. more than enough to cover the min of 4 months of import.Something is wrong with Ghana macro economic.. interest rate, inflation,currency.I wonder how an investor outside natural resources would risk his money in a CEDIS not any different from Zim dollar.If you had 10m cedis five years ago and you want to reprariate back to your country, the dollar equivalent will be 2m.You would have lost 8m.Which foreign investors will keep the cedis? Stability of currency is important

Yeap nobody wants to hold onto a currency not any different from Zim dollars https://www.google.com/amp/s/www.pulse.com.gh/bi/finance/bank-of-ghana-report-predicts-more-cedi-depreciation-as-depositors-switch-to-open/egf7v71.amp

rvp2018:
My friend you currency is so useless most Ghanian prefer to keep the dollar.I mean something that loses value in such scale is very shocking.Even the Naira is not that bad.And this is historical problems you cannot seem to solve.Initially cedis had become so useless you started pegging to the dollar..it hasn't helped at all because now. 5 cedis is equal to a dollar.Ksh is Africa strongest currency for many years now.It depreciated to the dollar in a decade from 78shs to now 100shs.We don't export lots of minerals and yet our forex are 9b dollars more than enough to cover the min of 4 months of import.Something is wrong with Ghana macro economic.. interest rate, inflation,currency.I wonder how an investor outside natural resources would risk his money in a CEDIS not any different from Zim dollar.

I said your currency is at worst hit . currency massaged artificially always end up in shambles at the end . go CHECK what happens to Turkey currency, which kenya is practically imitating

Cedis is in free flow , it is not massaged . your currency is not a true reflection of its value. IMF already indicate that to you.....and You guys don't even have enough extra cash to power it. Your import is far bigger than your export. The kind of currency massaging you guys practice will only increased your debt and widen your deficit.

Already you know what happen when your goverment artificially cap the interest rate . you see how your micro economy suffers particularly your private sector .


Your currency is not in anyway better than cedis which is a true reflection of its value . I even argue cedi is far more valuable than your currency cus yours is politically influence like your interest rate. "'kenya your economy suck"" ...

You goverment can only do little in terns of social development with such kind of economy. cus too much money is spend unnecessary

I am not insulting ....

Kennyswag and chisomtvhi be done with this nonsense already...weda you like am or not, you both are Nigerians that shares the same country....period

theenchanter:
go drink changaa and leave ghana out of ur rants.

Lol since he exited this thread yesterday he has been reasearching...That is what he spent his entire time doing last night, probably he didn't even catch a sleep ....lol