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Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by yomexp(m): 6:49pm On Nov 22, 2014 |
Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined Nigeria's total crude oil sales was $470B in all 5 years of Pre. Jonathan's administration and $489B for Yaradua+Obasanjo+Abdusalami +Abacha administrations combined, in unadjusted numbers. Adjusted for inflation, the numbers are $488.8B vs. $594B for Jonathan vs. Yaradua +Obj+Abdusalami+Abacha combined. http://www.saharareporters.com/2014/10/19/jonathans-oil-revenue-much-yaradua-obj-abdusalami-abacha-combined Cc: Berem Obiagelli Omenka jomoh egift caseless cleverly arewafederation OrlandoOwoh Soroptimist keneking pendy79 Gbawe, kel4soft, neenar, , egift, arewafederation, Egbagirl, Sweetlemon , donphilopus, desola , demdem , whitecat007 ,keneking ,lakpalakpa, omenka, ShehuAba , omenka , Rawani, tribaleast kolaaderin soroptimist, Mynd44, , nduchucks, lacasa, pendy79, Omerta ilugunboy, naptu2, aussie, OAM4J, joseph1013 Olayinka8793 diluminati tundeajani laykorn,medamillion brimmie arresa, Gbawe, barcanista, Oduastates 6 Likes 6 Shares
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Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by yomexp(m): 6:50pm On Nov 22, 2014 |
As Nigerians going into the 2015 elections, are we asking the right QUESTIONS? Are we demanding appropriate accountability from past and current leaders commensurate with the quantum of resources at their disposal? I dug out some numbers recently to do a more representative (apple-to-apple) analysis of the performance of past and present Nigerian administrations. My data sources are (1) The Nigerian Central Bank, (2) the US EAI, (3) OPEC and (4) Other online data sources. Take a close at the charts I generated from the data and let's start demanding real answers! To arrive at these numbers, I took average monthly production - very fine data resolution, and calculated how much dollars volumes we sold each year. For adjustment for inflation, I used 2.5% annual $ inflation rate. To put inflation adjustment in perspective, $1.00 in 1999 is equivalent to $1.44 in 2014. In just 5 years, Jonathan's administration has generated as much crude oil sales as all 16 years of Yaradua, Obasanjo, Abdusalami and Abacha's administrations combined in unadjusted numbers. This comes to $470B vs $489B in unadjusted numbers. When adjusted for inflation, the numbers are $488.8B vs. $594B for Jonathan vs. Yaradua+Obj +Abdusalami+Abacha combined. The numbers are what they are because oil price has risen almost 7-8 folds during this period, nearly an order of magnitude increase. In addition to price increase, Nigeria's crude oil output has also increased. I am hoping we can start asking tough questions, we'd continue to be hoodwinked. My question again is simple: even with 2.5% annual inflation adjustment, the numbers are $488.8b vs $594b. Does the investment in Nigeria in the past 5 years add up to ~$500B. 6 Likes 3 Shares
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Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by walemoney007(m): 7:13pm On Nov 22, 2014 |
GEJ has really failed to live up to xpectation,i will vote against him next year. 9 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Sufdavinci(m): 7:15pm On Nov 22, 2014 |
In my country Nigeria, the more money our politicians come across the more problem we see in the life of the common man when greedy and clueless politicians are in power. May God save us from these mess we are currently facing in this this country. 3 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Firefire(m): 7:19pm On Nov 22, 2014 |
walemoney007: Okay, how many vote you get ? ONE 8 Likes 3 Shares |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by walemoney007(m): 7:23pm On Nov 22, 2014 |
Firefire:u also hav a vote 12 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Truckpusher(m): 7:29pm On Nov 22, 2014 |
Firefire:Just one vote and dude is feeling like INEC 10 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by ayukdaboss(m): 7:34pm On Nov 22, 2014 |
walemoney007:No he has one vote and one laptop 7 Likes 2 Shares |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Nobody: 7:37pm On Nov 22, 2014 |
Yet there nothing to show for it, let me wait for empty heads to come and give us excuses. 8 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Ngwakwe: 7:41pm On Nov 22, 2014 |
Why do people take pleasure in making up lies? Ngwakwe: 5 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by seanet02: 7:45pm On Nov 22, 2014 |
Liar in council please counter the claims or simply S.T.F.U Ngwakwe: 7 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Firefire(m): 7:49pm On Nov 22, 2014 |
Truckpusher: Then, please don't waste your ONE vote. Vote wisely. 5 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by yomexp(m): 7:55pm On Nov 22, 2014 |
Obiagelli: But the President brought FACEBOOK to nigeria. isn't that an achievement? 7 Likes 1 Share |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Nobody: 7:57pm On Nov 22, 2014 |
yomexp:Lol, labaran maku is such a dunce. 4 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Nobody: 7:58pm On Nov 22, 2014 |
Ngwakwe:Ate you going to tell us what lies 3 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by arresa: 8:01pm On Nov 22, 2014 |
Funny enough, all the money for the contracts awarded by this clowns are China loan funded from the $500 million Abuja CCTV scam that he refused to investigate to the billions for roads, rail lines, dams and power plants. The useless man even borrowed money to fight BH.. Now, where is the $500 billion? 6 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by arresa: 8:05pm On Nov 22, 2014 |
seanet02: .. he came up with the usual cheap and meaningless talk because he's grossly incapable of countering anything.. 3 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Firefire(m): 8:06pm On Nov 22, 2014 |
arresa: SMH for your likes , you called your President that ? u better don't try that in North Korea. hatred will kill all of una one day. I beg face ur PR job for Fashola & Lagos. 4 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Truckpusher(m): 8:19pm On Nov 22, 2014 |
arresa:Most of the problems you people have is that you don't run along with the correct information or you are simply trying too hard to please your paymasters. The $500m aviation infrastructure development loan from China was meant for aviation infrastructure and not the normal sharing that your kith and kin have been doing for the past 40 yrs which has brought us to this sorry state that we are now as a country ,and if you deny that there has never been any uncommon transformation in the aviation industry in Nigeria in the past three years till date then you need glasses. Quit hating on the man for God's sake ,there are other ways to you can get paid from your masters instead of these outright lies you people are peddling shamelessly. 6 Likes 2 Shares |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by arresa: 8:32pm On Nov 22, 2014 |
Truckpusher: I just wonder why you didn't keep that idiotic and unintelligent rubbish to you and your kind and focus on the topic instead of your useless masters... The $500m aviation infrastructure development loan from China was meant for aviation infrastructure and not the normal sharing that your kith and kin have been doing for the past 40 yrs which has brought us to this sorry state that we are now as a country ,and if you deny that there has never been any uncommon transformation in the aviation industry in Nigeria in the past three years till date then you need glasses. Only worthless, irresponsible and lousy governments borrow money to repaint and refurbish airports and glorified airstrips politically termed international airports that turns into lagoon all the way to the plane entrance. Quit hating on the man for God's sake ,there are other ways to you can get paid from your masters instead of these outright lies you people are peddling shamelessly. Very sad and unfortunate that issues concerning your own country boils down hate and politics. Your own life including your unborn children should mean something to you beyond petty and moronic nonsense about hate and politics. What about the $500 china loan worthless toy CCTV scam that can not even record common ghost? You mind telling us what steps your useless president took to investigate, prosecute and jail the culprits? Or don't you know that you and your grand children must pay back that loan to China? You people are just too mentally warped and corrupt to formulate any sane and rational thoughts... 12 Likes 4 Shares |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by arresa: 8:36pm On Nov 22, 2014 |
[s] Firefire:[/s] I keep telling you, STFU if you have nothing better to say? You know I don't have time for your unintelligent and trollish ramblings.. 6 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Ngwakwe: 8:38pm On Nov 22, 2014 |
Obiagelli: You just swallowed the lies as if the said report is not for Federal, State and Local Government and moreover the minimum wage in this republic eclipses the combined obtainable in previous Administrations. The article is not worth analysing as it contains much errors and makeup data. Below is information you may need Nigeria Crude Oil Production:2.367M bbl/day for 2013 3 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Truckpusher(m): 8:39pm On Nov 22, 2014 |
arresa:Keep reeling in pains and peddling falsehood to earn a living - It won't last in a lifetime. Why do you guys always resort to insults when you're presented with superior arguments,you simply have no idea what the $500m was used for only to turn around and call it refurbished when reality hit you in the face - yeye dey smell. I still maintain that you're a paid writer go ahead and continue with peddling falsehood ,after 2015 you'd go back to your jobless life. Nonsense trying to make sense. 8 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Firefire(m): 8:40pm On Nov 22, 2014 |
arresa:[/s] Follow the path of honor... 6 Likes 3 Shares
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Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Firefire(m): 8:41pm On Nov 22, 2014 |
datolee how you dey now? I beg no comment here this post is just a caricature 2 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by arresa: 8:42pm On Nov 22, 2014 |
[s] Truckpusher:[/s] Get back at me when you have something better to contribute than the same idiotic rubbish and trolling... 4 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Truckpusher(m): 8:42pm On Nov 22, 2014 |
Firefire: 1 Like |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Firefire(m): 8:45pm On Nov 22, 2014 |
Truckpusher: dem never see anything. I am monitoring them to give them a hot chase. we shall meet Fire for Fire Truth to counter their many lies Accuracy to cover their fabrications and caricatures 5 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Truckpusher(m): 8:47pm On Nov 22, 2014 |
arresa:Angry man - I guess you're becoming irrelevant because of your inability to cook up lies and feed the public to please your useless drug addict paymasters in Lagos and they are becoming wary of your non-performances. Get a job and stop thugging online for that angry peoples party APC e-touts = Bunch of bitter ewedu kids running amok online since 2011AD. 7 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by arresa: 8:47pm On Nov 22, 2014 |
UK Prime Minister, Cameron asks Jonathan to account for $100 billion oil money [b]The UK Prime Minister, David Cameron has asked Nigeria to account for $100 billion oil money that has accrued to Nigeria in one year alone. Like Dr. Oby Ezekwesili, former minister of education who asked the Federal government to account for a total of $67 billion in direct savings by the Olusegun Obasanjo government from oil boom revenues See how the useless and corrupt man was openly ridiculed in front of the world...smh... 4 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by emiye(m): 8:49pm On Nov 22, 2014 |
Ngwakwe: You showed crude oil production, but not the price per barrel. Jonathan had an oil boom. You have no point man 6 Likes |
Re: Jonathan's Oil Revenue As Much As Yaradua, Obj, Abdusalami & Abacha Combined by Firefire(m): 8:49pm On Nov 22, 2014 |
[s] arresa:[/s] Falsification at its PEAK! 6 Likes |
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