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

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.

GEJ has really failed to live up to xpectation,i will vote against him next year.

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.

walemoney007:
GEJ has really failed to live up to xpectation,i will vote against him next year.

Okay, how many vote you get ? ONE

Firefire:



Okay, how many vote you get ? ONE

u also hav a vote

Firefire:



Okay, how many vote you get ? ONE

Just one vote and dude is feeling like INEC

walemoney007:
u also hav a vote

No he has one vote and one laptop

Yet there nothing to show for it, let me wait for empty heads to come and give us excuses.

Why do people take pleasure in making up lies?

Ngwakwe:





Let's do the calculations with credible and verifiable sources

Obasanjo
1999. 17.97 * 2.13 = 38.28
2000. 28.50 * 2.17 = 61.85
2001. 24.44 * 2.56 = 62.57
2002. 25.02 * 2.25 = 64.05
Total = 252.52

2003. 28.83 * 2.12 = 61.12
2004. 38.27 * 2.27 = 86.87
2005. 54.52 * 2.32 = 126.49
2006. 65.14. * 2.62 = 170.67
Total = 445.15
Total = 252.52
Obasanjo's Total = 697.67

2007. 72.39 * 2.44 = 176.63
2008. 97.26 * 2.35 = 228.56
2009. 61.67 * 2.16 = 133.21

Yardua's Total = 538.40

2010. 79.61 * 2.20 = 175.14
2011. 111.26 * 2.55 = 283.71
2012. 111.63 * 2.52 = 281.30
2013. 108.56 * 2.36 = 256.20
2014. 98.59 * 2..29 = 225.77
GEJ's Total = 1,252.12 - 112.38 = $1,139.74B

The article lied even without Abdusalami and Abacha

OBJ + Yardua = 1,236.07
GEJ till date = 1,139.74


Prices
Credits: http://chartsbin.com/view/oau
Sales
Credits: http://ycharts.com/indicators/nigeria_crude_oil_production_annual

Liar in council please counter the claims or simply S.T.F.U

Ngwakwe:
Why do people take pleasure in making up lies?

Truckpusher:
Just one vote and dude is feeling like INEC

Then, please don't waste your ONE vote.

Vote wisely.

Obiagelli:
Yet there nothing to show for it, let me wait for empty heads to come and give us excuses.

But the President brought FACEBOOK to nigeria. isn't that an achievement?

yomexp:


But the President brought FACEBOOK to nigeria. isn't that an achievement?

Lol, labaran maku is such a dunce.

Ngwakwe:
Why do people take pleasure in making up lies?

Ate you going to tell us what lies

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?

seanet02:
Liar in council please counter the claims or simply S.T.F.U

.. he came up with the usual cheap and meaningless talk because he's grossly incapable of countering anything..

arresa:
Funny enough, all the money for the contracts awarded by this clowns are China loan funded from the $500 million Abuja CCTV 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?

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.

arresa:
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?

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.

Truckpusher:
Most of the problems you people have is that you don't run along with the correct information or your are simply trying too hard to please your paymasters.

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...

[s]

Firefire:



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.

[/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..

Obiagelli:

Ate you going to tell us what lies

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

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Overview Interactive Chart
Nigeria Crude Oil Production is at a current level of 2.367M, down from 2.52M one year ago. This is a change of -6.06% from one year ago.

Category: Energy
Region: Nigeria
Report: Monthly Energy Review
Source: Energy Information Administration
View Full Chart
Nigeria Crude Oil Production Chart
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Nigeria Crude Oil Production Historical Data

View and export this data going back to 1973.
Export Data Date Range:
Viewing of   First  Previous First  Previous   Next  Last Next   Last
Data for this Date Range 
Dec. 31, 2013 2.367M
Dec. 31, 2012 2.52M
Dec. 31, 2011 2.550M
Dec. 31, 2010 2.455M
Dec. 31, 2009 2.208M
Dec. 31, 2008 2.165M
Dec. 31, 2007 2.350M
Dec. 31, 2006 2.440M
Dec. 31, 2005 2.627M
Dec. 31, 2004 2.329M
Dec. 31, 2003 2.275M
Dec. 31, 2002 2.118M
Dec. 31, 2001 2.256M
Dec. 31, 2000 2.165M
Dec. 31, 1999 2.130M
Dec. 31, 1998 2.153M
Dec. 31, 1997 2.132M
Dec. 31, 1996 2.001M
Dec. 31, 1995 1.993M
Dec. 31, 1994 1.931M
Dec. 31, 1993 1.96M
  
Dec. 31, 1992 1.943M
Dec. 31, 1991 1.892M
Dec. 31, 1990 1.81M
Dec. 31, 1989 1.716M
Dec. 31, 1988 1.45M
Dec. 31, 1987 1.341M
Dec. 31, 1986 1.467M
Dec. 31, 1985 1.495M
Dec. 31, 1984 1.388M
Dec. 31, 1983 1.241M
Dec. 31, 1982 1.295M
Dec. 31, 1981 1.433M
Dec. 31, 1980 2.055M
Dec. 31, 1979 2.302M
Dec. 31, 1978 1.897M
Dec. 31, 1977 2.085M
Dec. 31, 1976 2.067M
Dec. 31, 1975 1.783M
Dec. 31, 1974 2.255M
Dec. 31, 1973 2.054M
There is no data for the selected date range.

Nigeria Crude Oil Production Summary

Last Value: 2.367M
Latest Period: 2013
Updated: Jun 25, 2014, 6:08 PM EDT
Next Release: Nov 25, 2014, 2:00 PM EST
Frequency: Yearly
Unit: Barrels per Day
Adjustment: N/A
Value Previously: 2.52M
Change From Previous: -6.06%
Value One Year Ago: 2.52M
Change From One Year Ago: -6.06%
First Period: 1973
First Value: 2.054M
Professional Data Verification
Need to see the raw data? Download the original data directly from our source.
Professional Download Source File
Nigeria Crude Oil Production Excel Add-In Codes
Indicator Code: I:NCOPNY
Indicator Name: =YCI("I:NCOPNY","name"
Latest Value: =YCP("I:NCOPNY"
Last 5 Values: =YCS("I:NCOPNY",,-4)
To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.

Related Indicators

Nigeria Gas Rotary Rigs 1.00
Nigeria Natural Gas Production 36.07B cu m
Nigeria Oil Production 2.322M bbl/day
Nigeria Proved Oil Reserves 37.14B bbl
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http://ycharts.com/indicators/nigeria_crude_oil_production_annual

arresa:



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...



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.



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.

You people are just too mentally warped and corrupt to formulate any sane and rational thoughts...

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.

arresa:
[s][/s]


[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..

[/s]

Follow the path of honor...

datolee how you dey now?

I beg no comment here this post is just a caricature

[s]

Truckpusher:
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.

[/s]


Get back at me when you have something better to contribute than the same idiotic rubbish and trolling...

Firefire:
[/s]

Follow the path of honor...

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

arresa:
[s][/s]


Get back at me when you have something better to contribute than the same idiotic rubbish and trolling...

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.

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

up to 2007, Mr Cameron said that "last year Nigerian oil exports were worth almost $100 billion, more than total net aid to the whole of sub-Saharan Africa. Put simply, unleashing the natural resources in these countries dwarfs anything aid can achieve – and transparency is critical to that."

Speaking at G8 Economic Summit in Davos, David Cameron said, "a few years back a transparency initiative exposed a huge black hole in Nigeria’s finances – an $800 million discrepancy between companies’ payments and government’s receipts for oil. This is leading to new regulation of Nigeria’s oil sector – so the richness of the earth can actually enrich the people of that country. And the potential is staggering.[/b]

http://elombah.com/index.php/special-reports/14290-uk-prime-minister-cameron-asks-jonathan-to-account-for-100-billion-oil-money

See how the useless and corrupt man was openly ridiculed in front of the world...smh...

Ngwakwe:


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

You showed crude oil production, but not the price per barrel.


Jonathan had an oil boom. You have no point man

[s]

arresa:
UK Prime Minister, Cameron asks Jonathan to account for $100 billion oil money





See how the useless and corrupt man was openly ridiculed in front of the world...smh...

[/s]


Falsification at its PEAK!