Fesisko: Our oyeh money,our oyeh money,Oga they chop am yanfu-yanfu...

Austine.E:
...wasted investment!hope the money doesnt end up in they hands of islamists,reference to boko haram.

Yujin:
If GEJ is doing all this to pacify all those pugnacious greedy boko haram sponspored old men, then I am afraid that Jonathan is not the saviour we are looking for.

Yujin: Of all the over twenty(20) solid minerals of proven commercial quantity in the North non catches the fancy of the northern leaders except the exploration for oil! Greedy leaders who do not think good for the average northerner. All they think is oil and they are willing to sacrifice millions of souls for it.
What happened to the millions of tons of iron ore in Kogi? What happened to the barites in Bauchi? What happened to the lead/gold in Zamfara?
If GEJ is doing all this to pacify all those pugnacious greedy boko haram sponspored old men, then I am afraid that Jonathan is not the saviour we are looking for.

Yujin: Of all the over twenty(20) solid minerals of proven commercial quantity in the North non catches the fancy of the northern leaders except the exploration for oil! Greedy leaders who do not think good for the average northerner. All they think is oil and they are willing to sacrifice millions of souls for it.
What happened to the millions of tons of iron ore in Kogi? What happened to the barites in Bauchi? What happened to the lead/gold in Zamfara? And many more like that.
If GEJ is doing all this to pacify all those pugnacious greedy boko haram sponspored old men, then I am afraid that Jonathan is not the saviour we are looking for.

MAYOWAAK: The eternal reliance on oil revenue has done a lot of damage to the federation. Every day now, we hear the Niger Delta people say “our oil, our oil”. During the petrol price hike crisis in January 2012, some Niger Delta person, trying to suggest that the protests were unjustly aimed at President Goodluck Jonathan, said something like: “If our son is not good enough to be president of Nigeria, then our oil is not good enough for Nigeria.” This warped logic—which tends to paint oil as the solution to all human problems—defies the fact that the most advanced countries in the world do not rely on oil revenue. Even Norway, the poster boy of successful management of oil revenue, survives on tax. Their oil money is saved largely for the rainy day.

But do you blame us? Why do we need to stretch our brain to dream of building our own Microsoft and Apple when we can look up to Abuja for the flow of petrodollars every month? Why should Bauchi bother to tap its tourism potential? Why should Bayelsa dream of feeding Africa with its FADAMA rice when there is a fat FAAC cheque to be collected in Abuja monthly? Why should we quicken Ajaokuta so that the fourth biggest steel company in the world can begin to operate fully and spice up the economy? Why should Aba be developed into our own Taiwan or Japan? There is no such incentive. The only incentive I can see in Nigeria is federation account.

It wouldn’t even matter if we are utilising federal allocations to develop the most important resource at our disposal: the human capital. Oil is not the real deal, no matter how dominant it has become in our lives. It was human beings that designed cars and made petrol as important as it is today. Human beings are now designing cars that run on bio-fuels, electricity and solar energy. By the time the cars become popularly accepted, the demand for oil could drop. It may not happen in the next 50 years but it would happen someday. So the wise person does not keep emphasising on oil and ignoring human capital. The wise person thinks about a future where our lives will no longer depend on oil but on the quality of the brain. It was human beings that invented aeroplanes, computers and phones, etc. If we are wise now, our energies should be devoted to getting out of this oil trap.

Lloyd Achi: How many times are we going to go down this road? Every geologist that knows his onus will tell you that you are on a long thing. There are no structural traps to hold the oil in place even if you have all ingredients in the basins. As for Chad basin, any oil formed migrate down trough into Chad and Cameroon. It's not a rocket science. This is all politics and a way to share some money.

lillyveezy: thank goodness.finally they will go their separate way and let Nigeria be.with the moni from this new discovery,they can afford to pay their brain child all the armnesty they want.who cares!

debeey87: lets not forget that UAE is just as a desert like d north & they have abundant oil.same might apply here. but who will go there for exploration. maybe they will pay them in gold or diamond to go and explore. still watching.