Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,156,818 members, 7,831,664 topics. Date: Saturday, 18 May 2024 at 12:23 AM

OPEC Pegs Nigeria’s Oil Output At 1.8 Million Bpd - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / OPEC Pegs Nigeria’s Oil Output At 1.8 Million Bpd (6550 Views)

CBN Pegs Minimum Capital Base For Banks At ₦‎500 Billion (2) (3) (4)

(1) (2) (Reply) (Go Down)

Re: OPEC Pegs Nigeria’s Oil Output At 1.8 Million Bpd by sonnie10: 9:10am On Dec 01, 2017
But Nigeria was exempted before
Re: OPEC Pegs Nigeria’s Oil Output At 1.8 Million Bpd by Nobody: 11:15am On Dec 01, 2017
400billionman:
So how will APC fund 11trillion budget ?

I just did a fast calculation.

1.8mb/d × 365 days × 50dollars/b × 360naira/dollar

= 11.826 trillion naira

Baring production shut in.

Whichever you look at it, Nigeria has money.

Just poor management.

If I manage this fund, then I will place

1. 8trn for Capital and Recurrent expenditure.

2. 2trn for Servicing of Old debts, Bonds, Funds, TBs.

3. 2trn for savings or special safety nets.

You are funny. Do you realize that the revenue to be generated by all the players in the industry is included in your above analysis?
Re: OPEC Pegs Nigeria’s Oil Output At 1.8 Million Bpd by Blue3k(m): 1:05pm On Dec 01, 2017
Wow everyone budget based off 2.3 million bpd.
Re: OPEC Pegs Nigeria’s Oil Output At 1.8 Million Bpd by Pesuzok(m): 1:27pm On Dec 01, 2017
400billionman:
So how will APC fund 11trillion budget ?

I just did a fast calculation.

1.8mb/d × 365 days × 50dollars/b × 360naira/dollar

= 11.826 trillion naira

Baring production shut in.

Whichever you look at it, Nigeria has money.

Just poor management.

If I manage this fund, then I will place

1. 8trn for Capital and Recurrent expenditure.

2. 2trn for Servicing of Old debts, Bonds, Funds, TBs.

3. 2trn for savings or special safety nets.
clap for yourself. what is the cost of production.

what of JV sharing

(1) (2) (Reply)

Start Small Importation Business In Nigeria With As Low As 5,000 Naira / Sterling Bank To Host Non-interest Banking Lecture / HELP!! Where Can I Get Heat Transfer Paper for Customizing T-shirt In Lagos

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 11
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.