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Nairaland Forum / Nairaland / General / Politics / Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! (7741 Views)
El-rufai Signs Mou With Chinese Firms For 80,000-barrels Per Day Refinery(photos / Avengers: Eni Stops 65,000 Barrels Per Day Crude Production - Vanguard / Ondo Begins Bitumen Exploration With 10,000 Barrels Per Day (2) (3) (4)
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Godstraight(m): 9:33pm On May 27, 2016 |
Keneking:wake up zombie 12 Likes 1 Share |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by weyabblog: 9:38pm On May 27, 2016 |
Keneking:as in the man dey mak u wet? 12 Likes |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by citizenisb: 11:07am On May 28, 2016 |
wITH THESE sATURDAY MORNING ATTACKS WE ARE LIKELY DOWN TO BELOW ONE MILLION BARRELS PER DAY. No wonder those Western companies have been leaving, they probably had advanced intelligence that the Nigerian economy was going to grind to a halt. Napoleon said an Army marches on its belly, once there is no money, the army also disintegrates, please pray for NIGERIA!!! 5 Likes 1 Share |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by glassjar1: 11:14am On May 28, 2016 |
alleluia the beginning of niger delta in short ss/se redemption . alleluia from heaven. we are free at last . 7 Likes 2 Shares |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by laprince(m): 11:15am On May 28, 2016 |
This is a wahala |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by citizenisb: 11:22am On May 28, 2016 |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by ahaika23: 11:24am On May 28, 2016 |
It's still on the high side naw. We are expecting 1 liter per day 3 Likes |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by EmeeNaka: 11:32am On May 28, 2016 |
Oil output is still up to 1.4million barrels/day. Remember that most of the oil export come from Offshore line and some of these destroyed pipelines are gas pipelines. The media will help NNPC officials to lie and steal enough money now. Nigeria still produce up to 1.4million barrels/day. Note also, that most of these explosions took place in Delta and Bayelsa. 1 Like 1 Share |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Agbalowomeri: 11:42am On May 28, 2016 |
It is a shame that nigerian youth got no common sense! So bombing national assets is a thing of joy to you. When your kinsmen were at the helm of affairs what did they have to show for it? Billions of dollars went into private pockets. Let us see what would soon become of niger delta 2 Likes |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Amakortee: 12:00pm On May 28, 2016 |
Agbalowomeri: when Bihari vowed to make Jonathan's government ungovernable, where were u! don't u know this earth rotates? 6 Likes 1 Share |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Nobody: 12:19pm On May 28, 2016 |
citizenisb: Your wish!but it will never happen |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by stevecantrell: 1:05pm On May 28, 2016 |
subterfuge: Whether Jonathan is behind NDA or not, its clear the CIA have a stake in this chaos. If naija won't break in 2015 they'll do it in 2016. 6 Likes 3 Shares |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by DonDiego(m): 4:39pm On May 28, 2016 |
DickDastardly: Bro, meself I don dey weep buckets here say these urgent national assignments will now be affected. 4 Likes |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by citizenisb: 5:01pm On May 28, 2016 |
They shared a meager 280 billion for April, I hope it will not be worse in subsequent months. Corpers cannot be mobilised, is government broke? 4 Likes 1 Share |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by citizenisb: 5:23pm On May 28, 2016 |
Latest TWEET from Tunji Andrews; we are down to 800,000 Barrels/ day Tunji Andrews @TunjiAndrews 2m2 minutes ago If it is true that we are down to less than 800kbpd. That's 1.4782mbpd less than the expected the 2.2782mbpd expected to fund 2016 budget 2 Likes |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Ovamboland(m): 5:44pm On May 28, 2016 |
DickDastardly: The states in the Niger delta will experience the largest percentage revenue drop. The 13% derivation is already halved with the drop. Remember federal budget this year is only 20% funded from oil sales. I pity more those states who depends 95% on oil receipts |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by overall90: 6:07pm On May 28, 2016 |
[quote author=Ovamboland post=46057999] The states in the Niger delta will experience the largest percentage revenue drop. The 13% derivation is already halved with the drop. Remember federal budget this year is only 20% funded from oil sales. I pity more those states who depends 95% on oil receipts[/quote/]. abeg what is this one saying? 2 Likes |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by banki(m): 6:23pm On May 28, 2016 |
Amakortee: When was that |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by aloeman15(m): 6:30pm On May 28, 2016 |
If the claim is true that most of the money never gets to the people anyway, then they won't feel the loss. If it does get to them, then the govt's been lying. Which is it? overall90: 1 Like |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by citizenisb: 7:10pm On May 28, 2016 |
Pray for Nigeria!! |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by citizenisb: 7:14pm On May 28, 2016 |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Nobody: 7:44pm On May 28, 2016 |
It is not activism at all; it is politics of greed. Why is the Niger Delta struggle restricted to only Ijaw. Why haven't the Urhobo, Itsekiri, Ibibio, Kwale, etc picked up arms? Why are the Ijaw blowing up facilities in non-Ijaw communities? What did the poor Niger Delta communities gain from MEND agitation? What are the communities going to gain from NDA? What have the communities gained from 13%, NDDC, Ministry of Niger Delta, Amnesty and oil theft? The fight is by those who feel that they lost income from Jinathan's defeat. The struggle will only enrich few people. 2 Likes |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by mcnepow(m): 7:54pm On May 28, 2016 |
kITATITA: Well written. The fight isn't for the benefit of that common man on the street. Selfish people tryna run the country aground. |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by 9ja4live: 8:37pm On May 28, 2016 |
Ovamboland: Chalie are the states supposed to get 13% derivative or the federal government in a true federal structure? 2 Likes |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Ojiofor: 8:58pm On May 28, 2016 |
citizenisb:What do you expect after all the conniving and conspiring and backstabbing against GEJ? To add salt to the injury buhari said he won't be fair to all regions of this country through his infamous %97 and 5% statement and he is actually putting those words into practice. BTW, its time buhari and his apc start exporting the newly found oil in Lagos state. 2 Likes |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by wxyz1: 9:01pm On May 28, 2016 |
This zombie, NDA are talking of important issue, they are there talking of pipeline contract. insult on Niger Deltan. 2 Likes |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by chiefobdk(m): 12:02am On May 29, 2016 |
kITATITA: Tell us what the common man is benefiting from buhari government |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by BiafranAmerican: 4:22am On May 29, 2016 |
Arrest Jonathan they say...hmmn...just an arrest warrant on Tompolo and crude production has cut off to 50%, arrest of Jonathan will end production everywhere I believe. This war on corruption is pyrrhic victory. 1 Like |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by citizenisb: 4:23am On May 29, 2016 |
What is our Plan B if the NDA cripples the entire oil sector |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by citizenisb: 4:42am On May 29, 2016 |
“I have to reluctantly give up because the so-called Nigerian economists come and talk things to me, and when I raise issues they talk over my head instead of inside my head. For us to lose over N300 (every year we’re losing the value of the currency by N100), what for? “I find myself in a very difficult state because the economists cannot tell me why we should continue to devalue our naira. “I’m still agonising over it, that the naira should be reduced to such a disgraceful level over the last 30 years. I need to be educated on this. “But I’m not ruling this country alone. I’m under pressure and we’ll see how we can accommodate the economists.” |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by hardbody: 5:10am On May 29, 2016 |
citizenisb: I read somewhere that Lagos is now oil producing. Why don't we source our crude from Lagos a day some from the North. Nigerians scamming themselves since 1800 and claiming the SE can go and stand alone. Una never chi chom chin |
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by mayorchelsea(m): 7:49am On May 29, 2016 |
Well,I've not seen anyone come up with a valuable proposition towards solution and the militants are hell bent on destroying everything,I think the FG should hasten the process and let's destroy everything together hastily. |
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