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Nigeria Loses As US Oil Attracts More Buyers - Politics (3) - Nairaland

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Re: Nigeria Loses As US Oil Attracts More Buyers by profbabatunde: 11:51am On Mar 30, 2017
Re: Nigeria Loses As US Oil Attracts More Buyers by pat077: 11:59am On Mar 30, 2017
Is thier crude oil cheaper than ours?
Re: Nigeria Loses As US Oil Attracts More Buyers by jimi4us: 12:01pm On Mar 30, 2017
profedet:
Guys this is a belated info, please check the dates (2015) and (2016). Today is the 30th of March 2017, I seem to to see how current real time macroeconomic dynamics relate with this stale information, except it was brought up to create unnecessary fear.
You no get sense at allllll
Re: Nigeria Loses As US Oil Attracts More Buyers by kjhova(m): 12:09pm On Mar 30, 2017
lampard01:
Abeg how this one take affect price of tramadol ?

Not just Tramadol, this American "economic nationalism" thing will affect everything in Nigeria mostly negatively. In 2009, USA was the biggest buyer of Nigeria's crude with about 50% of our export going to that country i.e. half of our main FX item source was dependent on America. Today, the US buys ZERO Nigerian crude and not just that, they have also become the biggest exporter of crude and petroleum products worldwide. US exports is now far above that of Saudi Arabia who were for long the number one exporter of crude globally.

Not only has America stopped buying our crude since 2014, they are also aggresively pursing our exisiting customers. The bottomline is that America is going to use her global reach to run we the smaller players out of the market. This is pure and undiluted economic Darwinism nand can only bring about poverty and violence. I am worried about the future of the world.
Re: Nigeria Loses As US Oil Attracts More Buyers by lovetruth(m): 12:13pm On Mar 30, 2017
ALAYORMII:
Crude oil has done more harms than good to Nigeria
abi those who use it
Re: Nigeria Loses As US Oil Attracts More Buyers by InyinyaAgbaOku(m): 12:13pm On Mar 30, 2017
AnyibestDede:
This is a market we dnt hv control over, what we should be thinking of now as a country is to try and make our refineries to start working. If the govt cnt do it alone then let them do it the way they did it in our telecomication sector, almost everybody hv a phone now. That wouldn't hv been poosible if we are sit opperating NITEL. Give the refineries out to businees minded people to build and opperate and u see how things will turn around. Its better 4 us to be exporting fuel to other African countries than over relying on exportation of crude

And allow competition between refineries instead of monopolization for dangote group of politicians
Re: Nigeria Loses As US Oil Attracts More Buyers by tyle(m): 12:13pm On Mar 30, 2017
God is on our side.
Re: Nigeria Loses As US Oil Attracts More Buyers by Nobody: 12:15pm On Mar 30, 2017
Fabulosdave01:
All because of trump and his America first rhetoric

Not rhetoric. It's patriotism. Charity begins at home.
You people should get over yourselves. Since when has it become evil for a govt to work to give its citizens job?
Re: Nigeria Loses As US Oil Attracts More Buyers by Tmex(m): 12:20pm On Mar 30, 2017
aloeman15:
But does it matter of they quoted festac 77?
The indices are even worse now.
And the end of the report quoted predictions for may this year.

The questions we should be asking are about the so called diversification and industrialization timelines.
Look, buhari, kemi and emefiele are just waiting for dangote.

Imagine the idiocy of providing dollars for medical and educational tourism!
Over 2billion dollars so far?!?
Yet you want to borrow $6 billion for rail?!

Anyone who, 2 years into a govt, can't quote goals, policies, costs and turnkey dates - but still believes in fairytales of prosperity:
Such a person is a fool.
Sorry to say.
perhaps u read my quote wrongly, the issue here is not of governance, its of some idiotic people spreading lies to destabilise the already stabilising power of our currency by trying to create a tension that is uncalled for. I dont believe in this change crap thing but we all shouldnt because of political differences cause a general problem for all.
Re: Nigeria Loses As US Oil Attracts More Buyers by AnyibestDede(m): 12:25pm On Mar 30, 2017
InyinyaAgbaOku:


And allow competition between refineries instead of monopolization for dangote group of politicians
Exactly! U knw when it was only mtn back then they dealt with us. SIMs were sold for 50k and N80 per minute if u like make 10secs call N80 ll be deducted. All thanks to Glo and today etisalat. Sims is practically free now, infact na we dey shakara 4 dem. If one network fvck up u port to another no time to waste time

1 Like

Re: Nigeria Loses As US Oil Attracts More Buyers by kjhova(m): 12:26pm On Mar 30, 2017
discusant:


That's the price northern Nigeria which refused fiscal federalism makes all of us pay in Nigeria.

With fiscal federalism, there shouldn't have been Niger delta militants.

There shouldn't have been Boko Haram if Nigeria practices fiscal federalism.

With fiscal federalism and ensuing peaceful atmosphere in Nigeria, countries wouldn't have been abandoning doing business with Nigeria.

Northern Nigeria holds every body in Nigeria at the jugular.

You seem to paint a rather utopian picture with this fiscal federalism thing. What exactly is fiscal federalism and why do you believe so much in its necessity to cure Nigeria's current ills.
Re: Nigeria Loses As US Oil Attracts More Buyers by engrchykae(m): 12:48pm On Mar 30, 2017
AnyibestDede:
This is a market we dnt hv control over, what we should be thinking of now as a country is to try and make our refineries to start working. If the govt cnt do it alone then let them do it the way they did it in our telecomication sector, almost everybody hv a phone now. That wouldn't hv been poosible if we are sit opperating NITEL. Give the refineries out to businees minded people to build and opperate and u see how things will turn around. Its better 4 us to be exporting fuel to other African countries than over relying on exportation of crude
tafawa balewa and zik had an agreement with the british not to do what you just said.
Re: Nigeria Loses As US Oil Attracts More Buyers by InvestinOwerri(m): 1:01pm On Mar 30, 2017
Fifthcolumnist:
The light at the end of the tunnel wanes even fainter still...

which way naija? We really have to look inwards and stop getting ourselves beat up over oil. There's a lot of human potential still untapped. 200m no be beans
Are you counting the millions of idle almajiris roaming the north as part of the human resources? Southerners are fuuls period! How can we continue to subsidize the parasitic north while they are encouraged to continue breeding like rabbits! Fyi, Nigeria is in fix and nothing can rescue us except a radical change like break up or regionalism. The frustration keeps mounting yet no solution in sight. We surely have a date with history.
Re: Nigeria Loses As US Oil Attracts More Buyers by Nobody: 1:23pm On Mar 30, 2017
fmarshal:
All these Western countries are hypocrites. They prefer to give AID to Africa and brag about it.
Time to buy oil, they would prefer to buy from the already established US.
The oil US stole would soon finish. When they all return to buy from us, we have to triple the price.
they give you aid and you collect, yet you are complaining, mumuuuuuu, US stole oil from who? U r aa complete dump. You think US will buy oil from nig any time soon? So you don't know technology has made it possible 4 cars to be driven by electricity. Mumu. Go and advice ur silly leaders to diversify the economy. Big fool.
Re: Nigeria Loses As US Oil Attracts More Buyers by fmarshal(m): 1:31pm On Mar 30, 2017
Otenestbestyaho:
they give you aid and you collect, yet you are complaining, mumuuuuuu, US stole oil from who? U r aa complete dump. You think US will buy oil from nig any time soon? So you don't know technology has made it possible 4 cars to be driven by electricity. Mumu. Go and advice ur silly leaders to diversify the economy. Big fool.

I'm seriously taken aback! Is your father's name "Western Countries​"

If you had even an iota of sense, you would know that this is a public forum, and people are free to express their opinions, wrong or right.
The best you could do is correct them when they are wrong (that's if you have sense).

For your information, US took oil from Iraq and Afghanistan. They've been storing for ages.
Wise man, they used to buy oil from Nigeria, until stopped recently cos they have stored enough to give out.

It's very obvious you are intellectually incapacitated cos you have only insults to back up your point.

Have a nice day.
Re: Nigeria Loses As US Oil Attracts More Buyers by neighy(m): 1:38pm On Mar 30, 2017
Diversify economy dem no gree
Re: Nigeria Loses As US Oil Attracts More Buyers by AnyibestDede(m): 1:44pm On Mar 30, 2017
engrchykae:
tafawa balewa and zik had an agreement with the british not to do what you just said.
Can u prove that?
Re: Nigeria Loses As US Oil Attracts More Buyers by profedet: 2:33pm On Mar 30, 2017
jimi4us:
You no get sense at allllll

Thanks and God bless you for your meaningful contribution.
Re: Nigeria Loses As US Oil Attracts More Buyers by pacespot(m): 2:45pm On Mar 30, 2017
AnyibestDede:
This is a market we dnt hv control over, what we should be thinking of now as a country is to try and make our refineries to start working. If the govt cnt do it alone then let them do it the way they did it in our telecomication sector, almost everybody hv a phone now. That wouldn't hv been poosible if we are sit opperating NITEL. Give the refineries out to businees minded people to build and opperate and u see how things will turn around. Its better 4 us to be exporting fuel to other African countries than over relying on exportation of crude

Hey, government didn't do anything in the telecommunication sector, it's all due to the advancement in technology in other countries that we're enjoying today.

You Nigerians are so shortsighted to be praising your govt for the breakthrough in the smartphone devices. No wonder they take you for a ride!

1 Like

Re: Nigeria Loses As US Oil Attracts More Buyers by Nobody: 3:28pm On Mar 30, 2017
InvestinOwerri:
Are you counting the millions of idle almajiris roaming the north as part of the human resources? Southerners are fuuls period! How can we continue to subsidize the parasitic north while they are encouraged to continue breeding like rabbits! Fyi, Nigeria is in fix and nothing can rescue us except a radical change like break up or regionalism. The frustration keeps mounting yet no solution in sight. We surely have a date with history.
Almajiris


grin grin

kuku kil me

lol

You're very correct though

1 Like

Re: Nigeria Loses As US Oil Attracts More Buyers by engrchykae(m): 3:29pm On Mar 30, 2017
AnyibestDede:
Can u prove that?
i expected such question but it will be very funnwmw of you to think that the criminal Brits would make such agreement open to be carried by the national dailies of the day,chief awolowo was sidelined during the event as he was in the opposition,so he demanded that the agreement be made open since its a nigerian property but the prime minister ignored him,saying that the document is not harmful but cant be made open.do your own findings,every important and meaningful info is not in the newspapers.try to read secret files and then use your brain to fill up the missing parts.
Re: Nigeria Loses As US Oil Attracts More Buyers by AnyibestDede(m): 3:41pm On Mar 30, 2017
engrchykae:
i expected such question but it will be very funnwmw of you to think that the criminal Brits would make such agreement open to be carried by the national dailies of the day,chief awolowo was sidelined during the event as he was in the opposition,so he demanded that the agreement be made open since its a nigerian property but the prime minister ignored him,saying that the document is not harmful but cant be made open.do your own findings,every important and meaningful info is not in the newspapers.try to read secret files and then use your brain to fill up the missing parts.
If the files of the agreement are in secret, how did u knw abt it? Pls i want to learn teach me
Re: Nigeria Loses As US Oil Attracts More Buyers by AnyibestDede(m): 4:10pm On Mar 30, 2017
pacespot:


Hey, government didn't do anything in the telecommunication sector, it's all due to the advancement in technology in other countries that we're enjoying today.

You Nigerians are so shortsighted to be praising your govt for the breakthrough in the smartphone devices. No wonder they take you for a ride!
Ok let me agree with u that the govt did nothing in the telecommulacation sector and its other countries advancement in technology is making all thesw wonders. Can i ask u why the advancement of technology of other countries is not working in our power sector, educational sector, health sector, road network,, and many more? Bottomlin, govt hv a very vital roll to play
Re: Nigeria Loses As US Oil Attracts More Buyers by cstr151: 4:33pm On Mar 30, 2017
knuckbuck:
I work in the Oil and Gas Sector in the US and boy, we are resuming drilling full force! Rigs have picked up in the Permian Basin around Texas and New Mexico. South Texas too has picked up.
That is why the POTUS ripped up the climate change agreement obama signed. Donald is doing some great things though.
I worry for Democrats . If Donald can curb his tongue and work this hard, it is going to be hard for them to gain back the white house.

1 Like

Re: Nigeria Loses As US Oil Attracts More Buyers by amanikondo: 6:28pm On Mar 30, 2017
Tmex:
Exactly o, all the dates on that publication doesnt have anything to do with recent trends and most importantly china is the major buyer of the nigerian crude oil at the moment, this news is vagued and doesnt correlate with current happenings. I know some people will begin their business of hoarding the dollars now( na u go tire).

The information is current.
Re: Nigeria Loses As US Oil Attracts More Buyers by CellTabRepairs: 8:24pm On Mar 30, 2017
Create your own economy. What is feasible at the moment is any business that as the economy dynamics change so also your earning power. Unlike depending on fixed wage source that is beyond your control, never readjusted with increasing cost of living.

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