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Nairaland Forum / Nairaland / General / Politics / US Cuts Nigerian Oil Imports By 11.67 Million Barrels (19599 Views)
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US Cuts Nigerian Oil Imports By 11.67 Million Barrels by ijustdey: 9:00am On Aug 23, 2020 |
The United States slashed its imports of Nigerian crude oil to 9.37 million barrels in the first five months of this year, 11.67 million barrels lower than what it bought in the same period of 2019. https://punchng.com/us-cuts-nigerian-oil-imports-by-11-67-million-barrels/ 1 Like
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Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Beckham14: 9:02am On Aug 23, 2020 |
We did not have it this bad under the peaceful administration of Goodluck Ebele Jonathan.. The ineptitude of General buhari is causing this nation a whole lot. Imagine Ghana chasing us like rats from their country indirectly and making us a laughing stock to South Africa and the rest of the world. Now, one of our biggest customers have slashed it's import of our crude oil because of one lanky President Buhari. When we talk, zombies who choose to remain eternal slaves will attack us verbally. 112 Likes 7 Shares |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Brandstudio01: 9:03am On Aug 23, 2020 |
Oh dear That's huge. God will see us through Abeg jare , I will Design a Professional Logo for your product or Business for 2k Only 5 Likes 1 Share |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by GOFRONT(m): 9:05am On Aug 23, 2020 |
US just wan spoil market for Bokoharam sponsors... 77 Likes 3 Shares |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by slivertongue: 9:07am On Aug 23, 2020 |
good news. APC una see una life 7 Likes |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Nobody: 9:13am On Aug 23, 2020 |
So we are gonna start begging countries to buy our oil? This is gonna lead to a cut in production, income and jobs. With a minimum of 300$ investment in a forec trading company you can build wealth. Check my threads. This info is free. I'm not charging anything for sharing this. 8 Likes 2 Shares |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Bigflamie(m): 9:14am On Aug 23, 2020 |
Got nothing to say, don't wanna repeat the old same sh*t that oil has become a curse rather. Our incompetent government should wake the fvck up and also not tax our sorry ass off cos of the dwindling revenue. 3 Likes 1 Share |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by ifytrik(m): 9:15am On Aug 23, 2020 |
Buhari and other Nigeria polithiefcians will not be happy with this development, meanwhile me and some reasonable nairalanders upon hearing this news 7 Likes
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Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by GamalNasser: 9:33am On Aug 23, 2020 |
Well because of the prolonged lock down the demand for oil in the US has reduced , this is better than Obama that even refused to buy a single barrel from us just because we didn't approve his gay marriage 62 Likes 1 Share |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Karlifate: 9:36am On Aug 23, 2020 |
Since we've refused to make our own refineries functional, we will continue to face this type of challenges in the hands of foreign refiners with no alternative. 9 Likes |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Nobody: 9:50am On Aug 23, 2020 |
I didn’t read that article. Neither did these 8 guys above me. 5 Likes |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Nobody: 9:51am On Aug 23, 2020 |
Ok |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by thesicilian: 9:52am On Aug 23, 2020 |
Beckham14:Jonathan's government was bad, Buhari's is ten times worse. Don't get it twisted, Nigerians got it right rejecting Jonathan, but the big mistake was electing the most incompetent manager in history to replace him. 98 Likes 8 Shares |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Beckham14: 9:53am On Aug 23, 2020 |
thesicilian:"Nigerians" got it right? Why are you quick to generalize? 4 Likes |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by thesicilian: 9:57am On Aug 23, 2020 |
Beckham14:The people who voted against him, were they from Somalia? 29 Likes |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Beckham14: 9:59am On Aug 23, 2020 |
thesicilian:Next time, kindly use the word "Some" me and my family did not vote against him and we're Nigerians. 17 Likes |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by money121(m): 10:28am On Aug 23, 2020 |
Ok |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by iCauseTrouble: 10:28am On Aug 23, 2020 |
I have not heard any good news about Buhari since 2015 he became the president 21 Likes |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by RapistOnBail: 10:28am On Aug 23, 2020 |
Incase you no understanding Economics well. This na wetin go happen to Naira during this recession. If you Dey collect monthly salary of 50k before corona virus start, the present value of that 50k right now is about 30-35k. Salary might still remain the same, but the buying power go reduce 43 Likes 2 Shares |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Nobody: 10:29am On Aug 23, 2020 |
Beckham14:try get sense 1 Buhari does not control the global economy. 2 Ghana has a right to enforce already laid down rules. 3 some Nigerians abroad behave loud and shitty. Imagine is those benin and togolese mason and workers in 9ja begin to do crime and all sorts. You go like am 17 Likes 1 Share |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by dahmie2013: 10:30am On Aug 23, 2020 |
It will rise again! 1 Like |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Coldfeets: 10:31am On Aug 23, 2020 |
This is bad. |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by SmartPolician: 10:31am On Aug 23, 2020 |
Oil is becoming less important with each passing day Nigeria will probably realize what we have done to ourselves when it becomes completely useless With Tesla and its likes deploying innovative technologies to keep rolling out eco-friendly cars, I fear for the future of Nigeria Sure, PMS, a crude oil product, is used for driving vehicles more than any other application 2 Likes |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by roymary: 10:31am On Aug 23, 2020 |
APC is working 3 Likes 1 Share |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Nobody: 10:31am On Aug 23, 2020 |
Thank u |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Dreadlock69(m): 10:31am On Aug 23, 2020 |
Okay 14 Likes
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Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by gaskiyamagana: 10:32am On Aug 23, 2020 |
No panic, this is due to covid 19 effects. Due to the same covid 19, it is not how individuals earned and spent last year, he earns and spends this year guaging by same period. 1 Like |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by evergreen9: 10:32am On Aug 23, 2020 |
This plus the pending recession. Bubu well done oh. Nigerians go here am |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Cholison(m): 10:32am On Aug 23, 2020 |
They should reduce it to zero |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by Cutealexio(m): 10:32am On Aug 23, 2020 |
everything no be Buhari. If you read the article it was stated that they're now producing the oil similar to ours Beckham14: 12 Likes |
Re: US Cuts Nigerian Oil Imports By 11.67 Million Barrels by LandMann: 10:33am On Aug 23, 2020 |
Just provide adequate electricity and good roads for Nigerians so we can start being productive and less reliant on crude oil. Nigeria is blessed with too many stupid leaders who only know how to steal and stash abroad while their own country suffers. Give us electricity and watch an industrial revolution take place in Nigeria in the next decade... 9 Likes |
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