Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,152,855 members, 7,817,529 topics. Date: Saturday, 04 May 2024 at 01:49 PM |
Nairaland Forum / Nairaland / General / Politics / Nigeria Without It's Vast Oil Reserves (6771 Views)
Nigeria’s Oil Reserves Will Dry Up By 2050 - Experts / Crude Oil Reserves Decline To 31.81 Billion Barrels / Chinese Firms Offer Us$50 Bln For 6 billion barrels of Oil Reserves In Nigeria (2) (3) (4)
(1) (2) (3) (4) (Reply) (Go Down)
Re: Nigeria Without It's Vast Oil Reserves by hardknocks(m): 8:40am On Jun 27, 2008 |
Nigeria - oil reserves+poor management + corruption = somalia |
Re: Nigeria Without It's Vast Oil Reserves by khufu: 10:22am On Jun 27, 2008 |
fellow nigerians, we would be in hell without the oil. we have it yet we are living in squalor, imagine without! may God in his infinite mercy continue to bless nigeria. |
Re: Nigeria Without It's Vast Oil Reserves by buchio7(m): 11:02am On Jun 27, 2008 |
khufu: Bros dont involve God in this matter because He has done everything He can do for us. He blessed Nigeria with oil and other varying resources it is left to us to use our God given talents to harness d resources. if we say Nigeria without oil is "doomed" then we are admitting as a people and nation dat we can not harness other resources at our beck and call to uplift our status, the reason the oil seems like an issue and d emphasis is on d "seems" is dat d people supposed to manage d resource are d same with d fattest bank accounts and the penchant to always put there sticky hands in d public till we were doing very well without oil and we surely will fare better without it, as they say "necessity is d mother of invention" forget all dis crap of "doomsday theory" |
Re: Nigeria Without It's Vast Oil Reserves by CARUSO(m): 11:25am On Jun 27, 2008 |
buchio7: God don wash hands comot for Nigeria problems!! |
Re: Nigeria Without It's Vast Oil Reserves by dayokanu(m): 11:58am On Jun 27, 2008 |
Without oil corruption at the center would be reduced the govt would depend on Tax only. Can you mention any advanced country that depends on oil exploration How many advanced country have crude oil, Japan, Germany, France, Britain,China, even US does not explore most of its reserves. The oil rich Nations. Nigeria, Sudan, Angola, Algeria, Iraq, Iran, Saudi Arabia, Venezuela, compare them to the above mentioned. We can definitely say Oil is inversely proportional to development. The more the oil, the less the development. |
Re: Nigeria Without It's Vast Oil Reserves by atutupoyo(f): 12:27pm On Jun 27, 2008 |
Nigeria will be a better place without oil. We are nation blessed with natural resources, Good climate, Soil, human resources(population) and intelligence. Every region and state will tap into her natural resources and fend for herself, other industries will also add to ur economy, farming, fishing, shipping, manufacturing. Countries like Japan, china, India dont have oil see their economy, a country like Malaysia thrive on her shipping, fishing and farming to sustain her. Greed, corruption, and poverty will reduce. Nigeria will be a better place without depending solely on oil. Also our environment will be better. |
Re: Nigeria Without It's Vast Oil Reserves by SkyBlue1: 12:29pm On Jun 27, 2008 |
atutupoyo: We have had all this intelligence, good weather etc, so what has been the result of this so far? Greed, corruption, etc would reduce? You know this how? |
Re: Nigeria Without It's Vast Oil Reserves by amaikama(m): 1:04pm On Jun 27, 2008 |
Sorry, can't comment at this time, my lips are sealed. |
Re: Nigeria Without It's Vast Oil Reserves by dblock(m): 1:19pm On Jun 27, 2008 |
Oil itself can be said to be a catalyst to corruption, but it is not the root, nor is it a problem. The problem of corruption I believe arose as a result of the ethnic mind frame, the elitists in the Country. A Country founded upon the Mind frame, that "This is my birth right". this is my will, this is my value. Around the world you tend to see a pattern with the amount of corruption and the relationship with the level of homogeneity. Differences or apparent differences or assumed differences justify mistreatment etc which is the basis of corruption. This coupled with a land where naturally resources would not be distributed equally geographically. The discovery of Oil, energy, authority etc the arm for securing order. An order based on apparent superiorities and inferiorities of course is the beginning of the mismanagement of Oil Wherever there is an apparent socio imbalance there will inevitably be a financial imbalance. This of course is not alien to other parts of the world, it was very much present in medieval times in Europe etc. So to sum things up, the curse of Nigeria and certain countries in Africa is the inability for various ethnicities that live amongst each other to value each other as equals If you cannot value your neighbor, then of course, conflict will arise, differences will arise and this forms the whole basis for society. Nigeria without it's Oil Reserves would be the same Nigeria, but things would be slower. The route to securing an order lies in the resources available, whether it be human resources or capital resources. So Yes Oil did speed things up, but Nigeria without Oil would be the same. I Have always maintained that the problem with Africa is that it did not integrate. Europe Integrated, Asia essentially integrated but Africa never did. We don't Have an Africa, we have factions. This is not about resource management, any problem created by man, is in his mentality. So Yeah, if you picture Oil as some Crazy Mind twisting Liquid, you must be watching too many movies. |
Re: Nigeria Without It's Vast Oil Reserves by Gbosko: 1:34pm On Jun 27, 2008 |
Blaming the Nigerian system failure on oil just points to the truth that we've not learnt anything from our years of suffering. Even if agriculture and tax were to be our mainstay, the economy could still be crippled by wanton indiscipline and leadership kleptomania. If that were the case, we may then very well blame our misfortunes on Agriculture and tax!! . Nigeria will never know peace and prosperity till it purges itself of corruption and bad leadership. What Nigeria needs today is neither more barrels of oil output, economic alternatives to oil, nor more direct foreign investment. What we need is a change of attitude and perspective. Though our parents have messed up this country and our lives, for the sake of the children yet to be born, we need to have faith in the future of the country. Above all, Nigeria is in dire need of a greater leader in the mold of Kwame Nkuruma and Mahatma Ghandi. A real leader can turn around this dire situation within a very short time. |
Re: Nigeria Without It's Vast Oil Reserves by blackchief(m): 2:03pm On Jun 27, 2008 |
My people, with all the oil and gas we are going to difficult times in Nigeria, if we run out of oil ( I pray not to be alive when it happens) then we don't have to image what hell be like cos we will be in one. |
Re: Nigeria Without It's Vast Oil Reserves by Dynast(m): 2:49pm On Jun 27, 2008 |
Oil has doomed this country,Niger Delta land and river is poluted with Oil, their is abject poverty in the land as every Dick and Harry now waits for oil Money Increased corruption and greed, mutual suscpiscion and Insecurity every where.Let Nigeria break into 4, the Niger Delta shld be allowd to drill their oil let the rest go back to the endowed natural resources in their area. We will be better off. No need 4 one Nigeria. Let every section find their way |
Re: Nigeria Without It's Vast Oil Reserves by realdemi(f): 3:16pm On Jun 27, 2008 |
@poster Nigeria - Oil = Crisis free Niger Delta Nigeria - Oil = A thriving agrarian nation. Buoyant groundnut pyramids, Cocoa plantations, Palm oil plantations and others. Nigeria - Oil = Food crisis insured! Oil, in fact seems to be the bane of the Nigerian nation. Every one, starting from our dear corrupt leaders to greedy multinationals that explore and exploit the oil wells are all drooling over Nigeria because of, oil. Like someone said, necessity is the mother of invention. Our lives would have been much better without oil and we would have found other stuff to rely on. It is parochial and narrow-minded to say that Nigeria would be doomed without oil. How many pple in Nigeria are are truly truly benefiting from oil and the present windfall? |
Re: Nigeria Without It's Vast Oil Reserves by mekk(m): 5:10pm On Jun 27, 2008 |
real_demi:Absolutely correct, very well spoken |
Re: Nigeria Without It's Vast Oil Reserves by ssRhino: 5:22pm On Jun 27, 2008 |
Nigeria would have been able to fullful "her" calling, would have have been able to move in the right direction and be one of the best countries in the world. |
Re: Nigeria Without It's Vast Oil Reserves by mekk(m): 5:24pm On Jun 27, 2008 |
Hmmmmm, Nigeria without oil.we would have been better off. the reason is not far-fetched. I want to use the analogy of a rich man's son.What happens is, take for instance if one has a Rich Dad(I mean very rich).the tendency is invariably,the child tend not to do more to help him/herself.simply because most things seems to be at his/her beck and call. so,Nigeria is so backward because she has favored so much by our heavenly Father, that is just the drift. You get? |
Re: Nigeria Without It's Vast Oil Reserves by realFXpips(m): 5:28pm On Jun 27, 2008 |
Necessity they say is the mother of invention. When the crude oil reserves run out Nigerians will look inward and develop the vast untapped human and material resources of their country which have been largely neglected because of the quick crude cash we get from crude oil. The oil boom is really a development doom to Nigeria. Cheers! |
Re: Nigeria Without It's Vast Oil Reserves by buchio7(m): 9:00pm On Jun 27, 2008 |
Dynast: see as e easy for ur mouth, if u say oil has doomed dis nation dont forget so easily dat the bridges u climb in lagos with ur car or d national theater u take ur spouse or babes to even d abj u visit or live in where all built with the "DOOMED" oil money, folks be reasonable even though i still maintain we can fair very well without oil but d oil isnt d problem bt d ppl managing it, dey r d problem countries like u.a.e and saudi arabia are using there oil wealth to invest in key facets of the world econmy knowing fully that there oil reserves can only last so long. the mudabala we are praising its entry into nigeria is owned by the u.a.e. government, u.a.e. has bought over key blue chip industries in america,europe using there oil money, so what are we talking abt, and dese countries dont even have as much resources as we have. why cant we use our oil windfalls to invest heavily in other facets /resources we have? |
Re: Nigeria Without It's Vast Oil Reserves by arogbowei: 10:51pm On Jun 27, 2008 |
Our leaders are our problem, nothing more. Without oil, Nigeria will find it tough initially, but will pull out stronger and more viable. Why? Then, the much talked about restructuring and true federalism will then be practiced. As for me i can't wait to hear that all the wells are dried. It will mean bye bye to bad governance, welcome to prudent leadership. |
Re: Nigeria Without It's Vast Oil Reserves by Gbosko: 12:48am On Jun 28, 2008 |
@Buchio 7, Thank you bro! Dont mind them. Let them keep allowing crazy emotions to becloud their reasoning capacity!! |
Re: Nigeria Without It's Vast Oil Reserves by mordz: 1:34am On Jun 28, 2008 |
brilliant analysis sky blue. |
Re: Nigeria Without It's Vast Oil Reserves by Eclairs: 5:40am On Jun 28, 2008 |
arogbowei: brilliant comments but as per oil wells drying out, it may not be in our generation |
Re: Nigeria Without It's Vast Oil Reserves by gongoaso1: 7:43am On Jun 28, 2008 |
well spoken through out. but come to think of it realistically. Nigeria without oil now now is a country without ANY resources 'cos its with the oil money she has that she's even trying to use to support other sectors of the economy even the agrarian sector. so no oil money, no money to mechanize agriculture, no money to mine minerals, no money to pay workers, no money to steal, without oil, wia we wan start from sef. how many years cocoa go take grow before we export am |
Re: Nigeria Without It's Vast Oil Reserves by SkyBlue1: 8:16am On Jun 28, 2008 |
Yes oh, oil is the problem, if oil goes everything will become perfect, corruption will automatically disappear like magic, selfishness and greed would become tales by moonlight, leaders will automatically become more interested in spending money from whatever revenue on the people infact nigeria will become paradise (dubai wetin?) and we won't have to do any work to achieve this so all the better, whatever you need to tell yourself to sleep well at night. |
Re: Nigeria Without It's Vast Oil Reserves by buchio7(m): 10:47am On Jun 28, 2008 |
gongo aso: Kai, kai, chei!!! bros hw u dey reason like dis? when cocoa,palm oil and groundnut where d bed rock of nigerias earnings and then oil was discovered how was d initial exploration/research funded for vis a vis drilling? how can a nation grow at all with all dese ppl having this mind set dat without oil we cant survive? WHAT ARE U DERE FOR? CANT U AS A PERSON INNOVATE NEW THINGS? come on , ghana has gold and tourism boosting its economy yet when naija peeps go ghana dey always wish Naija fit dey like dat |
Re: Nigeria Without It's Vast Oil Reserves by molulu(f): 12:19pm On Jun 28, 2008 |
Nigeria and nigerians without oil, would have better use of their most important resources;their mind & brains, We would be among one of the industrialized nations of the world, we produce food in excess, we would invent various things and nobody,no country would be able to brush us aside on the world stage because the human resource would be working at its full potential. For those who feel that Nigeria would be nothing without oil, may i asked how it is possible that a country like Japan who cannot boast of any natural resource is more advanced than oil-rich countries even those where such resources are well managed to benefit the citizens like Saudi Arabia, U.A.E and others. Oil has not not benefitted Nigeria because it has diverted our attention from our most powerful resource, that one that has taken all great countries and civilization to their peaks; the intellectual resource!! |
Re: Nigeria Without It's Vast Oil Reserves by dblock(m): 1:40pm On Jun 28, 2008 |
A few points * Saudi Arabia is not as advanced as it could be, due to its leadership not due its oil exploits * The United Arab Emirates has a better standard of Living than Japan * Yes I am aware of The UAE's population, the point being that they have actually prospered * With a small population the UAE can afford to turn an eye on Industry and focus solely on being a service based economy * Tourism, and a few other sectors are actually said to yield more than oil, but even so if Oil is present it is an excellent complimentary commodity * If a country relies solely on Oil, the problem is in the Government, and has nothing to do with Oil * A country can be the biggest nation Agriculturally and still exploit other resources like Oil * Nigeria's problems has nothing to do with Oil * Sectarian violence, human rights, corruption are those related to Oil * If Oil cannot be managed, then perhaps Nigeria's Agriculture was leading to doom anyways * Nigeria only has 4/19 Oil blocs developed, Angola developed more Oil blocs than Nigeria in 3 Years, meaning regardless of any hindrances in the sector, provided the climate is right, Nigeria's economy will explode * Oil in Nigeria will be expended later than predicted, due to oil explorations not being carried out as effectively and due to Nigeria not producing as much Oil as expected |
Re: Nigeria Without It's Vast Oil Reserves by migareigns(m): 3:20pm On Jun 28, 2008 |
if the current oil price surge continues and the search for alternative energy increases i think we will find out if the theories about nigeria being able 2 survive without oil will occur sooner than later. personally i do not think we have a chance. |
Re: Nigeria Without It's Vast Oil Reserves by dtwsola(m): 5:59pm On Jun 28, 2008 |
Nigeria - Oil = Somalia. Edit: I see someone beat me to the chase |
Re: Nigeria Without It's Vast Oil Reserves by Raimond(m): 5:59pm On Jun 28, 2008 |
Nigeria without oil=Rwanda!!!! |
Re: Nigeria Without It's Vast Oil Reserves by buchio7(m): 7:40pm On Jun 28, 2008 |
Raimond: i still cant believe dat ppl believe this hogwash, |
Re: Nigeria Without It's Vast Oil Reserves by dblock(m): 4:08am On Jun 29, 2008 |
Any idiot can figure out that Nigeria can survive without oil The Government's inability to diversify the economy rather than relying on a few commodity based exports is the real problem. |
The A-z Of Gani’s Will - Made Lifetime Provisions For First Son, Love Child / Military Barracks Bombed In Kwami LGA In Gombe State / Did Buhari Promise To Make Nigeria Ungovernable?
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 66 |