This is the best time to be a Nigerian. With Tinubu as President next year, before the end of his first tenure, plenty Nigerians who JAPAed will regret their move..

mrvitalis:
Do this People have sense at all ?
Even if there was oil in the north ...you need the oil to be 3 times the oil in the Niger Delta region for it to make economic sense drilling the oil honestly

From my analysis it would take 15 billion dollars to build pipeline to transport oil from the north east basin to the ocean in calabar ...or at best ebonyi so you can then use the calabar river to move them

So you need at least 1 million barrels per day production for like 20 years to make such investment worth it


People would say build module refinery ? They are hardly profitable

.well let's watch n see

Who needs your kindergarten analysis? Nonsense! Is there anything they do that makes you happy so far it is about north, Buhari or Tinubu? What do you know about economic sense, that you never applied the same sense to your biafra region? Monday-monday Ipob enforcement is there, you never applied your economic sense to stop disruption of economic activities going on. Ipob/esn is destroying everything including key infrastructures in biafra land with hope that when they get biafra, they will rebuild back the infrastructure since they have oil; your honourable in reverse order never applied your economic sense here to stop Ipob/esn 3D-foolishness, but you are here preaching economic sense when deep down in you you don't like progress going on in the north since the report is not about Arochukwu or Nnewi.

Continue, some of us can not be fooled by your deceit. Nigeria is for all, every region should grow, but those who think their own economic sense is to first destroy their human and physical infrastructure in their midst can also continue since they refused to download free common sense to upgrade their kanu infected brains of thinking in reverse order. At least with this, the noise of "our oil,... blah, blah.." will reduce

mrvitalis:
Do this People have sense at all ?
Even if there was oil in the north ...you need the oil to be 3 times the oil in the Niger Delta region for it to make economic sense drilling the oil honestly

From my analysis it would take 15 billion dollars to build pipeline to transport oil from the north east basin to the ocean in calabar ...or at best ebonyi so you can then use the calabar river to move them

So you need at least 1 million barrels per day production for like 20 years to make such investment worth it


People would say build module refinery ? They are hardly profitable

.well let's watch n see

Must they export the oil in the north via the ocean? The oil can serve the oil demands of the north instead of tankers moving it from the south. More so, it can be exported via Chad or Niger.

mrvitalis:
Do this People have sense at all ?
Even if there was oil in the north ...you need the oil to be 3 times the oil in the Niger Delta region for it to make economic sense drilling the oil honestly

From my analysis it would take 15 billion dollars to build pipeline to transport oil from the north east basin to the ocean in calabar ...or at best ebonyi so you can then use the calabar river to move them

So you need at least 1 million barrels per day production for like 20 years to make such investment worth it


People would say build module refinery ? They are hardly profitable

.well let's watch n see

Your comment is motivated by Bad belle and nothing else
Why 3 times why not 300 times ? Where did you get that nonsense from Oil is oil and it does not have to be exported . It can all be refined and used within Nigeria

It will make economic sense IF IT IS TRUE


By your calculation

What stupid calculation?

Why must oil be exported? Why can't it be refined and used in the North or across Nigeria?

AcuraZDX:
Atleast Niger Delta Oil can rest small.

Let the drilling begin immediately oo and the revenue shared with other states too

Offcourse

But at what cost?

Munamoqel:
they can build a modular refinery ther

Why should they build modular refinery when such is not genuinely support in the south? The oil should be transported to the south for refining .

mrvitalis:
Do this People have sense at all ?
Even if there was oil in the north ...you need the oil to be 3 times the oil in the Niger Delta region for it to make economic sense drilling the oil honestly

From my analysis it would take 15 billion dollars to build pipeline to transport oil from the north east basin to the ocean in calabar ...or at best ebonyi so you can then use the calabar river to move them

So you need at least 1 million barrels per day production for like 20 years to make such investment worth it


People would say build module refinery ? They are hardly profitable

.well let's watch n see

After they have destroyed the other ones, they want to fix dia own na, they want to prove a point that the North has oil too, na d small sense wey dem get be dat na, I pity the huge tribalism that is distroying this country, abeg how the country wan take get head?

Won't stop illegal oil bunkers from getting their space shaa.

Truth is everyone knows there is nothing commercial there, otherwise the majors would be there before everyone else. APC NA SCAM

ArewaNorth:


https://dailytrust.com/buhari-to-officiate-first-oil-drill-in-northern-nigeria/

Wish they could have oil amd allow states or regions to control their weather.

Finally, the doomed contraption can disintegrate in peace!

mrvitalis:
Do this People have sense at all ?
Even if there was oil in the north ...you need the oil to be 3 times the oil in the Niger Delta region for it to make economic sense drilling the oil honestly

From my analysis it would take 15 billion dollars to build pipeline to transport oil from the north east basin to the ocean in calabar ...or at best ebonyi so you can then use the calabar river to move them

So you need at least 1 million barrels per day production for like 20 years to make such investment worth it


People would say build module refinery ? They are hardly profitable

.well let's watch n see

Even if it is one bucket per day, they will like to use it as justification to enter NDDC and be sharing more money. You don't get it?

owobokiri:
Hope it's not slant drillings.
You guys will lay pipes from the East and be claiming oil that you don't have..
Bunch of eternal kiringwos

east ?or Naija Delta... East nor get oil

Osariemen12:
A progressive Nigeria is good for all of us. Unfortunately, APC led administration can't give it to us.




Death to all Tinubu supporters.

No one will predict Death for you but if you can't manage the shock when Tinubu becomes the president . Death can be your visitor.

mrvitalis:
Do this People have sense at all ?
Even if there was oil in the north ...you need the oil to be 3 times the oil in the Niger Delta region for it to make economic sense drilling the oil honestly

From my analysis it would take 15 billion dollars to build pipeline to transport oil from the north east basin to the ocean in calabar ...or at best ebonyi so you can then use the calabar river to move them

So you need at least 1 million barrels per day production for like 20 years to make such investment worth it


People would say build module refinery ? They are hardly profitable

.well let's watch n see

Please be praying that they have oil. The North can form their own country

mrvitalis:
Do this People have sense at all ?
Even if there was oil in the north ...you need the oil to be 3 times the oil in the Niger Delta region for it to make economic sense drilling the oil honestly

From my analysis it would take 15 billion dollars to build pipeline to transport oil from the north east basin to the ocean in calabar ...or at best ebonyi so you can then use the calabar river to move them

So you need at least 1 million barrels per day production for like 20 years to make such investment worth it


People would say build module refinery ? They are hardly profitable

.well let's watch n see

so, what you are saying is that they should leave the oyel under the ground. Hmmn

KingKO22:
Good for North

In what way?

This is not the first oil drill in Northern Nigeria.

We are blessed differently in this world. Period

mrvitalis:
Do this People have sense at all ?
Even if there was oil in the north ...you need the oil to be 3 times the oil in the Niger Delta region for it to make economic sense drilling the oil honestly

From my analysis it would take 15 billion dollars to build pipeline to transport oil from the north east basin to the ocean in calabar ...or at best ebonyi so you can then use the calabar river to move them

So you need at least 1 million barrels per day production for like 20 years to make such investment worth it


People would say build module refinery ? They are hardly profitable

.well let's watch n see

Well oil can be transported through tankers to the refining point and we have Kaduna refinery as the nearest to this fields. Maybe this will make the govt to make the refinery work.

mrvitalis:
Do this People have sense at all ?
Even if there was oil in the north ...you need the oil to be 3 times the oil in the Niger Delta region for it to make economic sense drilling the oil honestly

From my analysis it would take 15 billion dollars to build pipeline to transport oil from the north east basin to the ocean in calabar ...or at best ebonyi so you can then use the calabar river to move them

So you need at least 1 million barrels per day production for like 20 years to make such investment worth it


People would say build module refinery ? They are hardly profitable

.well let's watch n see

kogi will be dia for support

Benwallt:
so, what you are saying is that they should leave the oyel under the ground. Hmmn

What has been gained from the one that they brought out of the ground?

What happened to Lagos state 'oil'.

The "Na our resources them dey use" go rest small. We keep telling them tides can change.

Raheeqilmaktoom:


What we know so far:

1. Crude oil and gas has been discovered in commercial quantity in those two fields and others yet to commence.

2. NNPC ltd has, as part of PIA the needed room to push for the exploration of these resources.

3. Govts has acknowledged putting in place measures to ensure scenarios for on the ND do not repeat themselves.

4. Its said those fields hold more gas deposits than crude oil (which is in excess of a billion barrels, no figures for gas yet).

5. Nigeria is championing building of a trans saharan gas pipeline to Europe, this will be a significant factor and advantage to this project.

Its hopefully going to be 4 decades of devt now for the north and Nigeria.

For where?
What of the pipes project they intend to construct all the way to Algeria. (This is what the report is referring to).

AcuraZDX:
Atleast Niger Delta Oil can rest small.

Let the drilling begin immediately oo and the revenue shared with other states too

Which other states.. haven't you realized that what happens in the north stays there. The gold they have been mining for years does it reflect on Nigeria economy

mrvitalis:

Unless the oil meets the requirements of Kaduna refinery even at that it's still very far from it and would cost 5 billion dollars minimum to link up

Where do you get your figures from ? You are sounding bitter and brainless

Bennycollins:
Well oil can be transported through tankers to the refining point and we have Kaduna refinery as the nearest to this fields. Maybe this will make the govt to make the refinery work.

He is bitter and envious , not someone you can reason with

mrvitalis:
Do this People have sense at all ?
Even if there was oil in the north ...you need the oil to be 3 times the oil in the Niger Delta region for it to make economic sense drilling the oil honestly

From my analysis it would take 15 billion dollars to build pipeline to transport oil from the north east basin to the ocean in calabar ...or at best ebonyi so you can then use the calabar river to move them

So you need at least 1 million barrels per day production for like 20 years to make such investment worth it


People would say build module refinery ? They are hardly profitable

.well let's watch n see

We have deference oil regime (contract).
Most time, the government chooses the regime that would make them not to pay a penny until exploration.

This people don't have sense ...oil is not part of a long term future.

What about agriculture with vast land there??

CodeTemplar:


Even if it is one bucket per day, they will like to use it as justification to enter NDDC and be sharing more money. You don't get it?

So oil is the qualification to be in NDDC?