seunlayi:
This is the time for baba B to rise up to the occasion. Oil price must be stabilised as promised

Will you people stop making cracks about that promise....and go and face the fact that since 1956....Southern Nigeria has not been able to build a refinery from scratch. Or that Nigerian companies are not ready to even develop the technology to build refineries.

You people just want to chop oil money. You do not want development. You are still angry about an election that held ages ago....because it means that your opportunities for eating have been lost to the North.

Well.....you and your northern pals better face facts. The era of oil is over. It was fun while it lasted...but now...whether together or apart...we must use our brains, stop blaming other people...and work for our development.

No more money to chop.

naija adoption of chinese yuan is responsible for the stalemate o. chai

Watching this keenly

Quakertellicus1:
Time to industrialize.

Oil is dead.

It is time we used our brains to work and work.

Oil is not going to resurrect.

Sounds good but not easy, especially for Nigeria whose educational system is not focused on skills acquisition. We need to start building and equipping vocational schools. The German educational system should be our model.

poseidon12:


Sounds good but not easy, especially for Nigeria whose educational system is not focused on skills acquisition. We need to start building and equipping vocational schools. The German educational system should be our model.

Amen.

So sad.

Oil price crash dealing blows to not only national but personal "economies".

About 25% of staff laid off in my company recently. Fortunate not to be affected, but a good number of friends affected.

No bonus (for the first time in my 8 years career).


All due to oil price crash.

And in faraway Middle East, those that can help save the situation are flexing muscles.

seunlayi:
He should fly to the middle east and interven asap

After he killed over 700 Shiites here with the Saudis hailing him and Iran promising him hell. You must be a joker.

He should go and beg the Saudi king to help his life if not e don b for am.

-Lord

Kachikwu stop wasting your time,after Saudi has used our president to fight their proxy war against Shittes,you do nt expect the Shia Iran to come to agreement with the Wahabbi/Sunni govt of Saudi.
I thought Saudi Arabia wld ve lend some interest free loan to their beloved Buhari/Nigeria who the led into an Islamic coalition against terrorism.....atleast to cushion the effect of the recession just like China did.

Quakertellicus1:


Will you people stop making cracks about that promise....and go and face the fact that since 1956....Southern Nigeria has not been able to build a refinery from scratch. Or that Nigerian companies are not ready to even develop the technology to build refineries.

You people just want to chop oil money. You do not want development. You are still angry about an election that held ages ago....because it means that your opportunities for eating have been lost to the North.

Well.....you and your northern pals better face facts. The era of oil is over. It was fun while it lasted...but now...whether together or apart...we must use our brains, stop blaming other people...and work for our development.

No more money to chop.

what is this "our" you are harping about?
You don't even have a country yet and you are busy giving grandiose theories that would never see the light of day due to too much national entropy.
Are you people blind or just dull?

Oh Allah see us 2ru

If not that Saudi Arabia is a stupid country, Iran not agreeing or to be part of the agreement on oil out freeze shouldn't be an issue. Even Russia, who is not part of OPEC, has decided to cut output. Which to me, is a plus to country like Nigeria. Iran not accepting to join the agreement is no issue, Saudi Arabia is just looking for a way to disrupt the whole process.

Mynd44:
When Saudi Arabia and Iran are done with their joystick waving contest, they should come attend to serious issues

Picture of joystick or idontbilivit..

[quote author=Almajiri1 post=44793819]Buhari must stabilise world oil price so we can enjoy Eldorado in Nigeria before 2019.[/quote) Is it Buhari that will stabilise world oil prices?, Abi na OPEC

Mopolchi:
u sure say pmb no go there do this thing:

You are the dull one.

1. For believing that he can actually stabilize oil prices in the first place.

2. For think Obama would say "are you NNPC?". It is "are you Opec?", not NNPC.

Almajiri1:
Buhari must stabilise world oil price so we can enjoy Eldorado in Nigeria before 2019.

Is it Buhari that stabilises world oil prices?, Abi na OPEC

omaiyale:
HOW ?

Indirectly saying she doent put her trust in mans system of wealth creation...but shes dependent on the lord Jesus

herbie27,We are only holding him to his campaign contract we signed.

Quakertellicus1:


Will you people stop making cracks about that promise....and go and face the fact that since 1956....Southern Nigeria has not been able to build a refinery from scratch. Or that Nigerian companies are not ready to even develop the technology to build refineries.

You people just want to chop oil money. You do not want development. You are still angry about an election that held ages ago....because it means that your opportunities for eating have been lost to the North.

Well.....you and your northern pals better face facts. The era of oil is over. It was fun while it lasted...but now...whether together or apart...we must use our brains, stop blaming other people...and work for our development.

No more money to chop.

Thank you, Buhari or no Buhari, one day Nigeria will be Buhari will go. Is our future we are playing with, my generation your generation to come, no work, no road, no light and no fuel without a refinery we can't continue importing petroleum. For how long are we going to depend on importation.

Quakertellicus1:


Will you people stop making cracks about that promise....and go and face the fact that since 1956....Southern Nigeria has not been able to build a refinery from scratch. Or that Nigerian companies are not ready to even develop the technology to build refineries.

You people just want to chop oil money. You do not want development. You are still angry about an election that held ages ago....because it means that your opportunities for eating have been lost to the North.

Well.....you and your northern pals better face facts. The era of oil is over. It was fun while it lasted...but now...whether together or apart...we must use our brains, stop blaming other people...and work for our development.

No more money to chop.

because to work u need SAND ba??

Almajiri1:

We are only holding him to his campaign contract we signed.

Bt still he can't stabilise oil prices in the world.

omaiyale:
If i were Iran i will do same my country first any other intrest is secondary

At the end of it all, who will lose out?

herbie27:
Bt still he can't stabilise oil prices in the world.

It then means he obtained our votes under false pretence which effectively renders him corrupt and negates the primary and secondary reasons why he was elected in the first place.up till now, no apologies from him for misleading over 200 million people!

People should understand that the Saudis never wanted a freeze. Funny as this may sound, the Saudis dont want the price to rise. Yes it hurts them but a price rise will lead to more shael oil producers coming back to the market, which will bring the price of Oil lower. Not only that, they then give away market share to the shale producers. Don't forget there was a time the US stopped buying Oil from us...that was because the US shale producers were producing so much Oil they did not need our crude. The Saudis are the only smart people in the room who can see that the era of high Oil is over, so better to share the low price amongst OPEC.


One by one shale producers are closing wells because of the low price of Oil, if you freeze or cut production, the price of Oil rises and the shale producers become viable again, more oil on the market bringd down the price of crude. It's a no win situation so get used to low Oil either way....the Saudis know this. Other countries that have not been prident or saved, like Nigeria, venezuela and Russia are the ones panicking to the point where simple economics and common sense is eluding them. The party is over!!!!

seunlayi:
He should fly to the middle east and interven asap

A if u know , trust him befo Wednesday he ill travel as usual NA AJALA we get as Presido

this is not good at all. end of oil era is here.

Hmmmm This is the time, We really need to rise and look beyond oil. We need to look into other areas, like agriculture, tourism, mining etc. Use the remaining money to build atleast one (1) refinery.

poseidon12:


Sounds good but not easy, especially for Nigeria whose educational system is not focused on skills acquisition. We need to start building and equipping vocational schools. The German educational system should be our model.

dem go gree? NO

America and EU are backing Saudi.... They want to hurt Russian economy

Mynd44:
When Saudi Arabia and Iran are done with their joystick waving contest, they should come attend to serious issues

I don't think they will agree to any issue with the tension building up btw them


Saudi Arabia has been hit with this oil crises while Iran just came into funds frozen due to sanctins and they have a lot of countries queueing to buy their Light crude

Quakertellicus1:
Time to industrialize.

Oil is dead.

It is time we used our brains to work and work.

Oil is not going to resurrect.

you need infrastructure to industrialize but its not there so tell me another story

fulanimafia:
Well the joke is on them, because while they're busy gauging the length of their oily deeks, our President is aggressively pursuing diversification efforts to move us away from dependency on the plagued oil.

Another utopian propaganda. Your President is searching for Oil in the lake chad basin while Fulani are killing the farmers who will produce crops for export