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Nairaland Forum / Nairaland / General / Politics / Africans Reaction To The Fuel Crisis In Nigeria (636 Views)
Fayose And NUPENG Officials Meet Aregbesola To Settle Ekiti Fuel Crisis / Senate Asks Nigerians If They Should Invite Buhari Over The Fuel Scarcity (Pic) / May 29 Handover: No Facts From Jonathan On Fuel Crisis – Buhari (2) (3) (4)
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Africans Reaction To The Fuel Crisis In Nigeria by Rikidony(m): 12:25pm On May 25, 2015 |
BBC Africa Flights have been cancelled and businesses have been closed as fuel shortages have been worsening in oil-rich Nigeria. The BBC's Will Ross has the details http://bbc.in/1JPa5ar Teza Silanda Stop say "oil rich Nigeria," how can they be oil rich and have a fuel shortage, it doesn't just add up. Its more than shameful to be in such a situation. Like · 37 · Reply · Report · 4 hours ago 28 replies Akande Bashir Olatunji Rha Obasanjo with all the criticisms he faced left $24 Billion in our foreign reserve after clearing 90% of our debts when crude oil was selling for $51. Yaradua continued from the and added around $9 Billion to the foreign reserve and also cleared some debts before death took him away from us. Again, crude oil during Yaradua was still $51. Jonathan became the President in May, 2010, and by May 2015, it was discovered that he had accrued a debt of 60 Billion Dollars after depleting our foreign reserve to $1.2 Billion despite witnessing the highest surge in crude oil sales; it stood at $150 for 41 months!!! Let's do a simple calculation; $1 = N228 $60 Billion x 228 = N13.7 Trillion (Interest excluded). If Nigeria pays back N5 Billion every month, then N13.7 Trillion divided by N5 Billion gives us 2740. That is 2740 months. 12 months = 1 Year 2740 divided by 12 months gives us 228. That means we need 228 years to pay the debt at N5 Billion per month. In other words, it will take Nigeria at least 228 years to repay the debt Jonathan owed, guess what? Interest excluded! This clearly means that our children, grand children, great grand children and great great grand children will still be paying for what Jonathan owed. He started with fuel crisis at N141 per litre and ended with fuel crisis at unofficial N350 per litre. Like · 19 · Reply · Report · 3 hours ago 23 replies Malcolm Kabwe Its only in Africa where you can find a carpenter without furniture in his own house. Like · 20 · Reply · Report · 4 hours ago 9 replies Agyapong Eric Lynks Oxygenn So who is gonna dispute me when i say nigeria is the most useless country on earth? Like · 13 · Reply · Report · 3 hours ago 19 replies Zolile Iskhokho Sakhona I love Nigeria, that Country is blessed with talented people. Like · 9 · Reply · Report · 3 hours ago 8 replies Raphael-Davids O Ubaka-Okolie Thunder Fire Naija Government And Everybody Involve In This Hardship The Good People Of Nigeria Is Facing SaY Amen If You Agree With Me... Like · 9 · Reply · Report · 4 hours ago 1 reply Daniel Obunike Okoye please let the whole world know that Nigeria citizens are suffering. No food .no money and no fuel. People are going to bed hungry. Jonathan and Buhari want to kill us all for there incompetent. We are dying of hunger. Please tell the world. Banks.television and radio stations are closing down. Children are dying. Like · 7 · Reply · Report · 3 hours ago 24 replies Dr-Kabelo TpMalankane Tumelo Oil rich nation with oil problems...Oil Marketing Companies in Nigeria haven't been paid about $2bn, want to get paid before Buhari gets sworn in on Friday. Like · 5 · Reply · Report · 4 hours ago Katumba Arthur That situation in Nigeria it shoots well with a saying we have in uganda. That living near to the lake doesn't make a papyrus bigger than a tree. Edited · Like · 5 · Reply · Report · 3 hours ago 1 reply Zanele Tekla Mali Yho Nigerians are full of themselves, more Yada yada, yeah Nigeria is rich..... Lol but they ran out of their own product.... They must stop saying they are clever because they are opposite of that..... # HAPPYaFricaDay .... Like · 3 · Reply · Report · 3 hours ago 13 replies https://m.facebook.com/bbcafrica/photos/a.292202500228.180573.285361880228/10153386163740229/?type=1&source=46&refid=17 |
Re: Africans Reaction To The Fuel Crisis In Nigeria by Rikidony(m): 12:26pm On May 25, 2015 |
more Living-Jamala Umor Why would all these uncircumcised Africans especially SA and common Ghana give Nigeria a name? Hmmm...I guess you missed your history classes in school Like · 3 · Reply · Report · 3 hours ago 6 replies Living-Jamala Umor Name one country in the world free of corruption? Ghana is one of such. What's happening in Nigeria is just for a while. We are still #1 economy in Africa. You can't beat that. Like · 3 · Reply · Report · 3 hours ago 6 replies Agyapong Eric Lynks Oxygenn Their flights makes a stop in Ghana to refuel.I wonder what these ungrateful west African countries would've become without GHANA. Edited · Like · 2 · Reply · Report · 4 hours ago 16 replies Bayo El-johnson Gold The south south and south Eastern states of Nigeria owns the oil wells, has their refinery working, opens their reservoir for proper fuel circulation to every doorstep of the south south and southEast populace and there are no shortage of fuel in this regions but its only the northern and western states that is facing the crises of fuel shortages because they are hoarding their own fuel to enable them sell it for a higher price. Like · 3 · Reply · Report · 3 hours ago 1 reply Living-Jamala Umor Who's this Agyapong Eric Lynks Oxygenn to call we Nigerians, morons? You actually have spoken like a teenager. Ask you dad or mum if they are one of those chased out of Nigeria during our "GHANA MUST GO" era. Like · 2 · Reply · Report · 4 hours ago 2 replies Meshack Itaza Muhiirwa Is that Nigeria. The biggest economy in Africa.? With huge oil reserves.? Corruption has finished it. Like · 2 · Reply · Report · 3 hours ago 2 replies Bupe Lungu if this was going to happen to zambia twud have been pharased as th pf government in place of oil rich nigeria Like · 2 · Reply · Report · 4 hours ago Fred Quainoo Nigeria epitomises everything that's wrong with africa and we are told to celebrate africa today, what a pity.... Like · 1 · Reply · Report · 4 hours ago 1 reply Kaka Opeyemi Rafiu I laugh at ignorant fellow African neighbours who talks about whats going on Nigeria without proper information,u call Nigeria names bcs u are all ignorant and uninformed,Every African country has its own perculiar challenge and Nigeria is no exception,Fuel scarcity is not new to Nigerians and we all know the causes,the scarcity is not nation wide,other regions and states has fuel being sold and distributed but some marketers are hoarding the product so as to sell at higher rate and to give the impression dt there is scarcity,its an artificial scarcity wh wil soon be over after d handover,i love Nigerians for their resilience in d face of challenges their best come out,we hv d brains,smart,and influential in all African borders ,u cant take it away from Nigeria. Like · 1 · Reply · Report · 2 hours ago Chinedu Chikezie This is as a result of 1914 amalgamation. Nigeria is a contraption. How do you want goats to lead sheeps? Britain put us in this mess and they are happy about it, just becoz of selfish intrest. Nigeria is in a mess right from 1960 till date. Like · 1 · Reply · Report · 2 hours ago |
Re: Africans Reaction To The Fuel Crisis In Nigeria by dustmalik(m): 12:40pm On May 25, 2015 |
Indeed, GEJ intended driving Nigeria into an irrecoverable POT-HOLE. Thank God we have been liberated. cc lalasticlala, do the needful. |
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