if each zone or state were meant to manage its resources we would not be fidgety like we are now...buhari should diversify the Nigerian economy and look into the reports from the recent confab so that true federalism is effected....we cant continue like this...never...i think we need such shocking occurrences to make us do the right thing..

mmsen:
Nigeria's oil and gas should be used to power Nigerian industry not sold on the market as a basic commodity.

exactly...why don't we use up our gas to drive industrialization and become a major exporter on the African soil....

ApexTitan:


Y'all killing me with this body language ish.

Because it is all about body language,

Double wahala for dead bodi and the owner...........

atlwireles:
[s][/s]

rubbish

Dont mind the mumu. Was he not there when the governors forced the gej government even sued to make sure money the excess crude account was shared. Okonjo pleaded with them but them no gree

Evening!

tohpahz:

None of ur biz.

Although NLNG is the primary source of LPG in Nigeria, a bulk of supply into the
country is being imported. can someone explain this part to me. i dont understand

persius555:
The diversification of the economy is not the responsibility of the FG but that of the state govt. Education and solid minerals development are suppose to be areas that the state govts would handle and pay tax to the FG. As it is, the state govts have their myopic eyes set on petro dollar as this is the only source of national income that can meet their insatiable thirst for looting and appropriation of undeserved, ridiculous salary package. Even if oil falls to ten dollars, they will not bulge.

You may be right or wrong. Our mode of governance doesn't empower state govt to exploit those minerals. That's why some people are crying for devolution of power from abuja so that states can manage their resources and remit some % to abuja. FG is too powerful and controlling. States need to manage their resources, this will make some Govs that are only dependent on FAAC to lace their boots and generate income for themselves.

ladyF:
And they are delaying projects that will increase market share for Nigeria, Brass and OKLNG how market na?

It's [size=20pt]LadyF[/size] again

You are sighted. Shay you see as the promised land dey look blurry

airsaylongcon:


You are sighted. Shay you see as the promised land dey look blurry

I tell u!!! God dey sha

Starships4u:
GAS is a waste product of crude.... Soo we shouldn't panic.... We are capable but the useless governments refused to diversify our economy

Oga gas is never a waste/by. Product of crude. We hv complete gas reservoirs. And gas is more environtment friendly than other fossil energy. Whereas Coal is more abundant it leaves huge enviromental Foot print.
I dnt see reason y our govt hv refused to invest in our coal reserve. We need to open up multiple sources of revenue. About 50% of energy used in generating electricity comes frm coal. Are we waiting for when china, japan and Usa will decommision all their coal-fired power plants bf we do the needful. God will help us.

This is good news! Let the diversification begin.

Yeske2:
Nigeria and other oil producing countries were warned years back to save for this scenerio, madam Okonjo was busy telling us we needed not fret as China and India will still buy our oil and gas.
GEJ made sure he depleted our reserves instead of saving and here we are.
God save us all

Are you sure about this because the last time I checked some governors were fighting this woman over distributing what she wanted saved for the hard times.

Mohammed bin Rashid Al Maktoum became Sheikh of Dubai over a decade ago,he had announced that the oil wells will dry up by 2016. Heavy investments went into transforming sand,water and sunlight into a booming tourism industry. It's 2015,his oil wells are not drying up. He simply expressed a vision. He saw shale oil and gas. He saw the U.S. and other major buyers exploring oil and gas in hitherto "sacred zones",which will reduce income of primary oil economies. Dubai has recently established a health city,a novelty.
Nigeria needs vision. Nigeria needs leaders,not boyscouts bickering over political appointments and making third-world promises they are not willing to fulfill.

persius555:
The diversification of the economy is not the responsibility of the FG but that of the state govt. Education and solid minerals development are suppose to be areas that the state govts would handle and pay tax to the FG. As it is, the state govts have their myopic eyes set on petro dollar as this is the only source of national income that can meet their insatiable thirst for looting and appropriation of undeserved, ridiculous salary package. Even if oil falls to ten dollars, they will not bulge.

.


White guys create wealth,jobs and fortunes for generations while our on people(blacks) loot wealth and destory it. google on wikipedia history of most of the world multinationals and their founders.from Mobil,Chevron,Shell,General Electric,IBM,HP,Microsoft,Walmart.,Baker hughes, even to world largest Aircraft company Boeing.the list is endless.
most of this companies are older than the Almagamation of Nigeria in 1920 to say the least.Our own is politics nothing more no brain to utilize resources within their environment.imagine states like Imo and Bayelsa and many states in Nigeria.do not have any single factory or industry.eg in Bayelsa pure water is brought from Delta state.
yet they have politician and wealthy people but no foresight. i pity Nigeria till we change our mindset nothing will change.even corruption is a product of the mindset.

Dollyak:
Nice. Anything that reduces our dependency on oil and gas is welcome change in my book. Time to start investing in education, science and agriculture just like everyone else. May the best country win

True

Yeske2:
Nigeria and other oil producing countries were warned years back to save for this scenerio, madam Okonjo was busy telling us we needed not fret as China and India will still buy our oil and gas.
GEJ made sure he depleted our reserves instead of saving and here we are.
God save us all

Pls when and where was NOI busy telling you that...
Why wont you guys just speak the truth for once rather than spreading lies...
That woman was on top of her voice screaming then that we should save for the rainy day and amaechi and co apc gov said they should share what ever is sharable...
Pls get your facts right before selling lies on social media