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Nairaland Forum / Nairaland / General / Business / Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten (8619 Views)
Oil Soars Past $100 After Russia Orders Troops Into Ukraine / Oil Price Risen To $93 Per Barrel Highest In Seven Years / MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 (2) (3) (4)
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by blackpanda: 9:19am On Feb 05, 2022 |
AntonVince: Im sure USD wasn't 187 when he assumed office. So u have no pint. Rest |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by blackpanda: 9:20am On Feb 05, 2022 |
klawaaa: How is it more. Which is more profitable, crude raw materials or finished product |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by blackpanda: 9:21am On Feb 05, 2022 |
Urchman200: That's what I'm saying, failure to think critically. All y'all point of view is not more than apc versus pdp, gej vs buhari. You cant think outside that. Go and read my post very well before commenting |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by skj1377(m): 9:25am On Feb 05, 2022 |
This government will still borrow, no amount of oil prices is enough for this administration. |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by Nobody: 9:26am On Feb 05, 2022 |
danngnews: You think I am defending the government because you do not understand my post at all. And you did not read the line where I said... Until we become an industrial economy,and start earning more of our revenue in tax, and stop relying solely on oil, we will forever be a borrower. Oil prices are never where we want them Read the above, and then ask yourself if Buhari has taken any steps towards doing that. Once you have answered the question, you will see why I am not a Buhari supporter. Good morning to you too. i think we are agreed that Buhari is a bad leader, it is why he is a bad leader that we disagree on. |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by sulaak(m): 9:27am On Feb 05, 2022 |
tit: A double-edged sword from a government that has failed to implement simple economic policies on energy security which should have been implemented before any other project. |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by Wakanakarue: 9:46am On Feb 05, 2022 |
More money in the hands of a total failure is a waste. |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by Urchman200: 9:56am On Feb 05, 2022 |
blackpanda:oga your point of is neither here nor there, absorbing the current administration of blame doesn't make you rational thinker, wake up and criticise the current policy makers . 1 Like 2 Shares |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by lereinter(m): 10:15am On Feb 05, 2022 |
Fela said How country go dey make money and country people no see money |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by NGArmyTerrorist: 11:05am On Feb 05, 2022 |
It means : Stealing will now change hand! Oil theft and looting will go high now. The thief thief govt will be like
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Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by blackpanda: 11:11am On Feb 05, 2022 |
Urchman200: No sir. Wake up and think! |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by Feelings79: 11:14am On Feb 05, 2022 |
blackpanda:Why was this not the case during GEJ's time? especially, considering the subsidies were larger during his time as in the prices at the pumps were lower 2 Likes |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by NamelessOGBENI(m): 11:28am On Feb 05, 2022 |
Urchman200:I guess they are feeling the heat and it's not easy for the stooges here to be talking from two sides of their mouths too. |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by Nobody: 11:45am On Feb 05, 2022 |
Feelings79: It was, that's why even GEJ wanted to remove it. Oil prices then were sky high under GEJ, so it took some of the edge off, but the amount of money wasted was too too high. To make matters worse, subsidy costs rose under GEJ, which resulted in petrol prices going down from N97 to N87, and which led us to lose money more and more By 2014, we were taking loans to pay for worker salaries....plus by 2015, when GEJ was handing over, our forex reserves had gone down from 60 billion dollars to 32 billion dollars, and went down to 28 billion in the first 6 months of Bubu (compounded by drops in oil prices begining from 2014 april ), before he removed subsides temporarily, and reversed the decline...for a season. |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by Mayeldah(m): 11:58am On Feb 05, 2022 |
Buhari that have been singing drop of oil price from $100 in 2014 to $30 in 2016 as an excuse for his failure won't say anything now o! Oil has been selling above $60 since 2017 yet the APC keeps stealing our common wealth while blaming low oil prices. As someone said above, what's the use of more money in the hands of thieving APC politicians? |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by Mayeldah(m): 12:05pm On Feb 05, 2022 |
backbencher: Typical Buhari stooges, blame GEJ but make excuses for Buhari for same scenario. Thank God we all are suffering the effects of Buhari misrule. |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by akus6060(m): 12:28pm On Feb 05, 2022 |
And what stop your government from giving us a functional refineries? blackpanda: |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by Bromax: 12:29pm On Feb 05, 2022 |
We were where we where! I hope no blames on past administration again ooo. Hehehehe, I laugh in Roman Figures because there will be excess crude money to share. |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by Yankee101: 2:23pm On Feb 05, 2022 |
For stealing abi |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by juniorstar(m): 2:25pm On Feb 05, 2022 |
Minjim:If only we can refine what we consume here...we are the ones responsible for our problem..so how can nigeria spend more than the money used to build dangote refinery all these years and yet we cant refine what we need..at this current price we should av used it to improve our foreign exchange reserve to purchase things that would drive our own innovation..and not to purchase refined crude to power vehicles that was purchased with money most likely gotten from corruption and mismanagement |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by Nobody: 3:08pm On Feb 05, 2022 |
Mayeldah: As usual, you missed the message. For the record, Buhari too is a failure, and has shown in the last six years he cannot run the economy. I have so much to tell you, but no, you don't like me saying bad things about your idol too, so, good afternoon. Modifed... For the record, I was trying to explain why GEJ wanted to remove subsides in 2012. But no, you missed it. |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by galoz: 3:30pm On Feb 05, 2022 |
politicians will see money to loot, awon ole radarada |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by Hiq0: 4:48pm On Feb 05, 2022 |
Oh |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by bilulu(m): 5:00pm On Feb 05, 2022 |
blackpanda:how about the excess crude account, nobody is talking about that one now, what's the benchmark for last year and this year |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by Shikini: 6:58pm On Feb 05, 2022 |
The mumu in Aso Rock will still complain |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by JB4life: 8:26pm On Feb 05, 2022 |
More loots for the lootocrats and locusts |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by AK481(m): 11:04pm On Feb 05, 2022 |
backbencher:The energy they are using to argue to and fro subsidybshould be used to set up refineries. Most businesses survive on fuel,if they solve power then we can begin to look at the subsidy thing. We were promised conversion of our cars to gas from pms engine,have they started the conversion? |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by Nobody: 4:56am On Feb 06, 2022 |
AK481: Well, if subsidy goes , people would feel free to invest in refineries, since the incentive of profits is there |
Re: Oil Soars Above $93, Nigeria’s Revenue Prospects Brighten by AK481(m): 7:49am On Feb 06, 2022 |
backbencher:Like they are investing in diesel,kerosene and gas only refinery? |
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