Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,624 members, 7,955,287 topics. Date: Saturday, 21 September 2024 at 09:37 PM |
Nairaland Forum / Nairaland / General / Business / Oil Slump: Banks Face Financial Distress (17051 Views)
Nigeria’s Oil Fields Face Shutdown Amid Price Slump / 15% CRR: Banks Face Increased Competition For Deposits / Oil Slump: FG May Borrow From World Bank, Others (2) (3) (4)
Re: Oil Slump: Banks Face Financial Distress by Kingspin(m): 6:30am On Jan 25, 2015 |
danjumakolo:Then keep mute till that time. |
Re: Oil Slump: Banks Face Financial Distress by Nobody: 6:59am On Jan 25, 2015 |
elampiro:nope! Just a simple professional opinion. |
Re: Oil Slump: Banks Face Financial Distress by hunkydory(m): 8:51am On Jan 25, 2015 |
Ahmed4002:Is it in Jonathan's administration that nigeria started over dependence on oil revenue?You people are always looking for unjustifiable ways to crucify this innocent man. |
Re: Oil Slump: Banks Face Financial Distress by yemivictor: 9:12am On Jan 25, 2015 |
moderatorr1: Our eye go clear na! All the politicians who have stolen oil money to build refineries abroad, ntooor! All the government cronies who enjoy subsidy in billions of naira on empty vessels on their way out that they just turn around and make them appear to be laden with petroleum products, ntoooooor! Niger delta militants, how far na? which way to go now?! Soon, filling stations will be doing adverts and giving presents to customers @ 20 naira per litre. |
Re: Oil Slump: Banks Face Financial Distress by yemivictor: 9:36am On Jan 25, 2015 |
hunkydory: America had said they would reduce their oil consumption by exploring cleaner energy sources since the days of Bush. Jonah may not have started this but what did he use the information for? How would you rate Nigerian farmers on a scale of 1 - 10 in terms of mechanized farming? 1 being abysmal and 10 being excellent. What is the duty payable when you import a tractor? Should we have invested in local assembly plants for tractors first or saloon cars and luxury jeeps?! What is being done as incentives to turn the army of graduates (50% half baked anyway) being churned out yearly to agriculture?! We have a cash crop called cassava with great export potential. How many cassava processing plants are there? What is the export rate?! If we process cassava before we export it we create more jobs locally or do we plan to go the way of crude oil with that one too?! But wait, where is the steady power to run the plants? Let me guess, power outage didn't start with Jonathan. Enough of Jonathanians blaming his predecessors! It's called assets and liabilities!! |
Re: Oil Slump: Banks Face Financial Distress by hunkydory(m): 11:15am On Jan 25, 2015 |
yemivictor:You have said nothing reasonable.All the problems you mentioned has been with nigeria for decades and Jonathan on them.Go through what you wrote again. |
Re: Oil Slump: Banks Face Financial Distress by pekeyim: 11:34am On Jan 25, 2015 |
Profkenny1:There is Shale Oil and there is Shale Gas also My Analysis is based mainly on Shale oil as we've not mentioned the price of "Gas" the Reason why is that these reserves are fixed and Estimates are made based on this fixed reserve and a time period when they'll reach a breakeven point and start making profit. The reason why they may slow down, stop or discontinue field development is because it doesn't make economic sense at the moment. Remember Hydraulic Fracturing techniques didn't start now it's been around for over 50 years but didn't make economic sense because of huge investment and technology available to drill mainly horizontally and frack. 1 Like |
Re: Oil Slump: Banks Face Financial Distress by USAutoBuy(m): 12:02am On Jan 27, 2015 |
Even before when oil price is high, i dont think the real amount that is being spent on the populace is high anyways. Most are just stolen. Budget are usually based on around $65/barrel and thats where the excess crude oil money arises. Even from the budget, how much was really spent on education, healthcare etc? Still questionable. Hopefully we might not have big issue if whatever is realised is better spent. |
Shoemaker Urges Buhari To Ban Footwear Importation. / Pick Western Union Online Using Quickteller Without Go To Bank / Purple Creche: Wema Bank Revamps Child Care Facilities For Employees
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 28 |