They have scam our donkey president again. Complete mumu. They would flare gas and collect BILLIONS of naira.

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

There is no oil... It is the exact same rig that the French explored in the early 2000 that they re-open and flare gas. They are scamming bubu the fool.

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.

Lol...u ve guts o...love ur comment all d same

Building transportation pipe line is not even the issue. They will not even think about that for now. Unless they discovered a larger field which must have over 20 oil Well producing at a higher Pressure.
However if they succeed getting oil in this WELL , They can possibly lift the crude with tankers trucks to any possible loading terminal in warri , or truck to Benue river and offload to any small vessel to warri.

The big issue here is that this is not the first time Buhari and Abacha are using our resources in doing this by force drilling in the north. Yet they have never discovered any commercial quantity of crude oil ,and yet they won't give up and use the money to develop the numerous field in the Niger Delta so that people can get job. Going to the north to drill one WELL alone, will cover more than three drilling WELL expenses in the Niger Delta. The logistics aspect alone is a crazy one. But us awful

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

Excellent. Now the North have oil, we will soon see their leaders shouting 'Resource Control"

Nonsense write up. Who told you this is first oil drill. In this Buhari Regina alone, he has done more three oil drilled with out getting even up to drum of oil . Abach regime the same. Billions has been waisted without results

sayso:
As what now? Driller,mud man,toll pusher,roast about,company man etc. Which one?

Observer....LOL.....

Don't get it twisted! Better be wise! There's nothing of such so don't be deceived because they have already packaged this ceremony by storing enough oil from Niger delta. This is just packaging!

adekolaelect:
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.

In as much as you support APC, you don't mean well for Nigeria and all the enemies of the nation must die. Quit supporting APC or you'll be electrocuted b4 the election.


Nigeria is over 200 million people; it won't miss a foolish son like you.

Jahwinaboy:
in as much as we don't like apc, wishing death to all Tinubu supporters is not ideal. Nobody lives forever

Anyone who still supports APC is an enemy of the nation. He or she deserves to die for Nigeria to live. APC is out there to kill and bury Nigeria.


Again, death to all Tinubu supporters.

Omo, northern Nigeria used southerners head wella. They have achieved all. We are even paying for their insecurity which they created. They even created a north eas development commission to rebuild their region which they destroyed by them selves and we fought with our own money, we will still use our money to rebuild it.
hahahaahaha
I love and respect northern politicians. As for southern politicians, una sorry o

Everything now goes to the North. This is tribalism.

Osariemen12:



Anyone who still supports APC is an enemy of the nation. He or she deserves to die for Nigeria to live. APC is out there to kill and bury Nigeria.


Again, death to all Tinubu supporters.

I agree that Apc is an enemy of the nation. However, make sure all friends and family members are not supporting Apc because u are invariably wishing them death o.

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

Are you really saying modular refineries are not the way to go?

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.

Death to all Obid'iots and they'll stinks and rotten in the pit of hell..

All supporters of Peethief Greedy Obi will not rest peace but in pieces.

Agbegbaorogboye:

You do not know but you know a refinery could be built on a quantity you don't know by who you don't know

You must be really proud of your brain to advertise it like dis

It is good you have finally found some depth in thought to mention Dangote. That's why I asked who is building the refinery. I'm trying to guide you to sense through a slow and painful process.

Can you now mention the oil field for whose purpose Dangote it's building his refinery? Any name? There!!

The FG has three refineries close to oilfields. Are they working now? Have the oilfields closed down because they're not? There!!

I already educated you that the oil allocated to our FG owned refineries are not captured for 13%. Now that you ask about Dangote.

Are you aware NNPC presently has about 20% stake in Dangote refinery? That notwithstanding, Dangote refinery as a private concern can decide to buy at international oil market or he can decide to buy locally at a decided price.

What I'm pointing out to you dull sir is that the idea behind oil production in Nigeria is 13% derivation and oil producing status and not just refining especially for local consumption as you put it.

Get it?

You talk too much all of it nonsense

In English language there are thinsgs called TENSES

One of them is the conditional tense
Ask a literate neighbour to explain it to you

All I am discussing on this thread is that we have been told oild is being test drilled. We do not have any information so everything i have talked about is in the conditional tense once again educate yourself so that you can comprehend when you read and stop arguing foolishly
You claim oil is allocated to refineries have you git facts and figures
You are just bluffing vaguely

Tell us without rigmarole
What is the average daily production of oil in 2022 and how much is "allocated" to the non functioning refineries
My point once again is that if the oil in the North is in large enough quantities that would justify the building of a refinery and the oil would be sold to such a refinery and the state government would get 13% derivation
It is simple English

Jahwinaboy:
I agree that Apc is an enemy of the nation. However, make sure all friends and family members are not supporting Apc because u are invariably wishing them death o.

My prayer is without exclusion, sir.

PR story as usual from Daily Trust. None of the statements is questioned at all, just put it across as sent from the presidency.

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

They don't care once they can have 30 per cent of oil proceeds from the south to waste on the project and give them 13 per cent derivatives even when nothing substantial adds up to the GDP from there. All that is made easy by political rogues in the south and avaricious traditional and religious leaders who support national impoverishment for their own dirty selfish enrichment.

ArewaNorth:


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

Another huge scam! These mofos don't have oil. There is a sinister move going on. It's part of a grand deception.

Princedapace:
Omo, northern Nigeria used southerners head wella. They have achieved all. We are even paying for their insecurity which they created. They even created a north eas development commission to rebuild their region which they destroyed by them selves and we fought with our own money, we will still use our money to rebuild it.
hahahaahaha
I love and respect northern politicians. As for southern politicians, una sorry o

You only succeeded in letting us know that you love wickedness and respect evil. Do you know how many lives have been lost based on this thing you so much Love and respect? Can you quantify the volumes of human blood spilled? The Northern region has never believed in a prosperous Nigeria, but a lopsided development based on destroying other regions. Even at that they have not succeeded in being developed. Now they want to drill fictitious oil. It's all a scam so they can continue to rip off the gullible South.

Almaigaa:


Eyah. The thing pain this Igbo man. The North is more productive. The North contribute over 40% to the GDP via Agriculture. While the East contribute ZERO.

Now the North has oil. Remember, the North is sitting on hundreds varieties of Mineral Resources. But the East, apart from the Coal in Enugu, na red mud full everywhere.

We have three regions in the North so be specific, count Middle Belt out of your Sharia North, the core North contribute nothing to Nigeria’s economy, south East and south south contribute 90% of Nigeria's wealth,

Imo State alone have the largest gas reserves in Africa.

Almaigaa:


Eyah. The thing pain this Igbo man. The North is more productive. The North contribute over 40% to the GDP via Agriculture. While the East contribute ZERO.

Now the North has oil. Remember, the North is sitting on hundreds varieties of Mineral Resources. But the East, apart from the Coal in Enugu, na red mud full everywhere.

Which oil? Shebi we are watching. All the useless politics going on to rip the South off will soon be clear to everyone. There is no oil in the North. All na politics. The Agriculture you make noise about has no effect on the economy because it's just subsistence farming you guys do.

Almaigaa:


Audio Oil in the East.
The Oil in Imo is not in commercial quantity. That's why even with the small Oil, the East still contribute ZERO to the Economy. While the North alone contribute over 40% of our GDP.

Without the North, the East will not survive.

Can you prove that the north contribute 40% of Nigeria gdp? Keep consoling yourself with lie.

You can't deceive northerners with this white elephant work

Osariemen12:



Anyone who still supports APC is an enemy of the nation. He or she deserves to die for Nigeria to live. APC is out there to kill and bury Nigeria.


Again, death to all Tinubu supporters.

You're a lunatic. Mods won't see this deranged fellow wishing death on folks for exercising their democratic franchise.

Yet call someone "mumu" and they ban you for 3 years.

This is very beautiful thing ... now Nigerians will see that your governors are you greatest enemies not the northerners... Wike said Buhari gave them plenty money for Niger delta oil rich States but none of them talk since until ppl asked Wike where he see money to build all wonderful infrastructures . If you are from delta , Akwa Ibom, Edo, better ask your governors where they put there own ooooo...

If na true,,,,that means our oil go rest for niger delta...

omonnakoda:
You talk too much all of it nonsense

In English language there are thinsgs called TENSES

One of them is the conditional tense
Ask a literate neighbour to explain it to you

All I am discussing on this thread is that we have been told oild is being test drilled. We do not have any information so everything i have talked about is in the conditional tense once again educate yourself so that you can comprehend when you read and stop arguing foolishly
You claim oil is allocated to refineries have you git facts and figures
You are just bluffing vaguely

Tell us without rigmarole
What is the average daily production of oil in 2022 and how much is "allocated" to the non functioning refineries
My point once again is that if the oil in the North is in large enough quantities that would justify the building of a refinery and the oil would be sold to such a refinery and the state government would get 13% derivation
It is simple English

My direct question that you've lacked wisdom to answer is who will build the refinery?
You are just shooting aimlessly. Think man!! Think!!
If that's how it works, would our refineries be down and out now?
That you don't know that crude is allocated to our refineries is a testament to your ignorance.
Go back and study. I can't feed you everything.

Another point to note from your obviously flawed projection is that if the oil will be drilled locally and sold locally, will it be sold in Naira, our legal tender or dollars bearing in mind it's not an international sale at that point. Think!!

sreamsense:

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

in the end you said nothing.....

Spandau:


Which oil? Shebi we are watching. All the useless politics going on to rip the South off will soon be clear to everyone. There is no oil in the North. All na politics. The Agriculture you make noise about has no effect on the economy because it's just subsistence farming you guys do.

there is oil in the north but we don't know if it is in large quantity.....the only one I know is in the benue basin.

I'm not a northerner but I bet you have a huge problem. How much oil is in the East that you're talking about. You guys brag unnecessarily and ignorantly. Oil found in Ondo state alone is more than what is found in both Imo and Abia states combine. Yet developer won't stop claiming they own all the oil when SS is not even talking.

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