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

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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

Indeed, GEJ intended driving Nigeria into an irrecoverable POT-HOLE. Thank God we have been liberated. cc lalasticlala, do the needful.