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Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster (3103 Views)

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Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by juman(m): 10:52pm On Nov 27, 2014
Adminisher:


GEJ cannot manage Nigeria in a sub $60 a barrel scenario. The brains and discipline are not there. I am very sorry for the Niger Delta. By summer of 2015 the price will be $50 a barrel, all the Shakara is finished, militants and oil thieves will find themselves in a very bad business environment as the barges and tankers stop coming There will pressure on the senate to reduce their salary and allowances, this will finally destroy the PDP. The North which is agriculturally rich will begin to flex their muscles. Anybody who says God is asleep is a liar. He is a God of cycles.

You must be a toddler.

The northern leaders that are the most irresponsible leaders in the country would be flexing their muscles on agriculture developments?

We don't have committed leaders like that in this country. Even yoruba governors are not interested in developing agriculture.

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Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by atlwireles: 11:03pm On Nov 27, 2014
North and agriculture, the biggest lie told in Nigeria. Go to your local markets tomorrow in your city or town and count how products in your market come from the north.
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by manot: 11:15pm On Nov 27, 2014
let it even slide down to 10dollars, a barrel it will be better those countries that dt hav oil are better than us we must diversify.

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Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by manot: 11:26pm On Nov 27, 2014
let d oil price falls so that oil thieves eyes go clear we must start to industrialise now

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Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by pazienza(m): 5:51am On Nov 28, 2014
huptin:


Now its republic of alaigbo, no more Biafra? I have always suspected that this tight glue to the aprons of south south is all about the oil, you just confirmed it.


You see South south in Ukwuani,Ika,Enuani,Ikwerre,Etche,Ekpeye,Ogba,Ndoni,Egbema,Asa,Ndoki, while i see Igboland. When an Igboman talk of SE/SS, it's those Igbo speaking tribes in the SS that he is speaking of.

No sensible Igboman would want a union with the likes of Itsekiri,Edo,Urhobo,Isoko,and Ijaw, all in the SS.

Hope i made it easier for you now.

1 Like

Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by abdulwastecx(m): 7:24am On Nov 28, 2014
Abagworo:


At least when oil gets to 10 Dollars we will start appreciating some of the false allegations against Abacha who was able to execute so much capital projects and keep the Naira stable with oil hovering between 9Dollars and 15 Dollars per barrel but yet accused of stealing billions of Dollars.


Abacha was a criminal and a retards the only person comparable to him is clueless Jonathan.

Nigeria is already very poor even with oil price above $100 per barrel our earnings still stood at only $23billion for a country of 175million people.

permanent solution is to educate those so called politicians on how to cut eown unnecessary spending, salaries, allowances and looting.


Rank
Country
Revenues
(million USD )
Expenditures
(million USD)
Deficit/surplus
(million USD)
Deficit/surplus
(%)
Date
1
United States
4,218,000
2,108,000
-483,000
-11.3%
2014 est.
2
China
2,118,000
2,292,000
−174,000
−8.2%
2013 est.
3
Japan
1,739,000
2,149,000
−410,000
−23.5%
2013 est.
4
Germany
1,551,000
1,588,000
−37,000
−2.3%
2011 est.
5
France ( details )
1,386,000
1,535,000
−149,000
−9.7%
2011 est.
6
Italy
1,025,100
1,112,000
−86,900
−7.8%
2011 est.
7
United Kingdom ( details )
1,449,500
1,651,000
−201,500
−17.0%
2011 est.
8
Brazil
978,300
901,000
+77,300
+8.6%
2011 est.
9
Canada (details )
687,800
740,800
−53,000
−7.4%
2013 est.
10
Spain
545,200
672,100
−126,900
−18.9%
2011 est.
11
Australia (details )
498,100
541,000
−42,900
−8.6%
2012 est.
12
Russia
428,600
440,100
−11,500
−2.7%
2014 est. [3]
13
Netherlands
381,300
420,400
−39,100

2011 est.
14
India ( details )
240,000
325,000
−85,000

2014 est. [4]
15
South Korea
296,100
287,200
+8,900

2013 est.
16
Norway
280,500
209,500
+71,000
25.3%
2011 est.
17
Sweden
277,600
277,100
+500

2011 est.
18
Mexico
263,200
292,200
−29,000

2011 est.
19
Belgium
249,600
271,200
−21,600

2011 est.
20
Saudi Arabia [5]
221,100
218,700
+2,400

2013 est.
21
Switzerland
217,900
214,500
+3,400

2011 est.
22
Austria
202,600
216,600
−14,000

2011 est.
23
Turkey
190,400
207,900
−17,500

2013 est.
24
Iraq
178,200
200,200
−13,400

2013 est.
25
Finland
136,200
137,600
−1,400

2011 est.
26
Indonesia
134,200
144,100
−9,900

2011 est.
27
Iran
131,200
92,600
+38,600

2011 est.
28
Greece
129,500
158,600
−29,100

2011 est.
29
Denmark
118,300
127,500
−9,200

2011 est.
30
Kuwait
114,000
54,000
+60,000

2013 est.
31
United Arab Emirates
113,400
95,500
+17,900

2011 est.
32
Portugal
110,800
120,200
−9,400

2011 est.
33
Argentina
105,800
113,300
−7,500

2011 est.
34
South Africa
102,800
118,300
−15,500

2011 est.
35
Venezuela
90,700
106,100
−15,400

2011 est.
36
Colombia
89,900
97,800
−7,900

2011 est.
37
Poland
85,288
99,873
−14,585
−14.6%
2014 est. [6]
38
Ireland
75,900
97,900
−22,000

2011 est.
39
Taiwan
75,300
90,700
−15,400

2011 est.
40
Hungary
74,000
68,200
+5,800

2011 est.
41
Algeria
73,700
78,600
−4,900

2011 est.
42
Israel
66,700
74,800
−8,100

2011 est.
43
Thailand
200,300
187,100
+13,200

2011 est.
44
New Zealand
60,900
74,700
−13,800

2011 est.
45
Qatar
59,879
57,834
+2,046

FY13/14
46
Malaysia
59,800
73,800
−14,000

2011 est.
47
Romania
59,600
67,400
−7,800

2011 est.
48
Chile
58,490
61,260
-2,770

2013 est.

Hong Kong
55,500
47,000
+8,500

2011 est.
49
Ukraine
53,070 [7]
59,580
−6,510

2013 est. [8]
50
Czech Republic
51,450
59,410
−7,960

2011 est.
51
Egypt
44,700
67,700
−23,000

2011 est.
52
Cuba
43,600
46,200
−2,600

2011 est.
53
Angola
42,900
35,300
+7,600

2011 est.
54
Singapore
55,030
53,410
+1,620

2013 est. [9]
55
Kazakhstan
36,600
40,500
−3,900

2011 est.
56
Peru
60,950
58,910
+2,040

2013 est.
57
Vietnam
32,800
35,700
−2,900

2011 est.
58
Slovakia
32,500
37,800
−5,300

2011 est.
59
Philippines
31,400
36,000
−4,600

2011 est.
60
Croatia
30,100
26,300
+3,800

2011 est.
61
Pakistan
35,000
51,500
−16,500
−32.1%
2013 est.
62
Oman
29,700
22,500
+7,200

2011 est.
63
Morocco
25,700
31,400
−5,700

2011 est.
64
Luxembourg
25,000
25,500
−500

2011 est.
65
Belarus
23,300
22,300
+1,000

2011 est.
66
Nigeria
23,100
31,100
−8,000

NIGERIA IS AT NO 66
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by huptin(m): 7:35am On Nov 28, 2014
[quote

i see, especially those areas with access to the sea, you are very smart dude, i must give it to you.
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by abdulwastecx(m): 7:46am On Nov 28, 2014
Adminisher:


GEJ cannot manage Nigeria in a sub $60 a barrel scenario. The brains and discipline are not there. I am very sorry for the Niger Delta. By summer of 2015 the price will be $50 a barrel, all the Shakara is finished, militants and oil thieves will find themselves in a very bad business environment as the barges and tankers stop coming There will pressure on the senate to reduce their salary and allowances, this will finally destroy the PDP. The North which is agriculturally rich will begin to flex their muscles. Anybody who says God is asleep is a liar. He is a God of cycles.

The North will seriously be affected because it lack the infrastructure, intellectuals, environment and political willingness to developed...In year 2014, people shouldn't be talking about which region has the highest agricultural potentials but which region can produce value end chains goods
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by skyfall: 8:54am On Nov 28, 2014
It's going as low as $45 or even worse. At least no one can deceive us with "good luck" next year.

Maybe, just maybe Nigerians can take the issue of who leads them more seriously at last.
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by bjolodo99: 9:55am On Nov 28, 2014
eje ki GEJ o mo se gbogbo e bo ba ti wu fun igba die ni
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by pazienza(m): 10:37am On Nov 28, 2014
The northern Agriculture is highly subsidized with Niger delta petrodollars. Subsidized fertilizers, irrigation programmes, agricultural loans that they hardly pay back, free seedlings and subsidized pesticides all financed using ND petrodollars.

When petrodollars stop flowing in,the North won't be any different from their Chad and Nigel brothers. The lake chad is almost dried up,and the sahara desert is continually extending southwards into Northern Nigeria.

The North Agriculture is simply overhyped. *grins*
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by mikolo80: 11:05am On Nov 28, 2014
atlwireles:
North and agriculture, the biggest lie told in Nigeria. Go to your local markets tomorrow in your city or town and count how products in your market come from the north.
tomatoes onions maize yams beans rice in fact its only cassava and palm oil i know from south kai guy which market you de buy food from
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by mikolo80: 11:08am On Nov 28, 2014
pazienza:
The northern Agriculture is highly subsidized with Niger delta petrodollars. Subsidized fertilizers, irrigation programmes, agricultural loans that they hardly pay back, free seedlings and subsidized pesticides all financed using ND petrodollars.

When petrodollars stop flowing in,the North won't be any different from their Chad and Nigel brothers. The lake chad is almost dried up,and the sahara desert is continually extending southwards into Northern Nigeria.

The North Agriculture is simply overhyped. *grins*
mr cheshire cat na from this same petrodollar niger delta subsidized north agric belt we de buy beans tomato onions yams pepper groundnut {oil} soya maize millet o.think before you grin na all of us go suffer am{high food prices} . at least the north subsidized agric,what did the south subsidize
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by atlwireles: 1:02pm On Nov 28, 2014
mikolo80:
tomatoes onions maize yams beans rice in fact its only cassava and palm oil i know from south kai guy which market you de buy food from

grin grin grin grin grin beans, rice, maize and yams, we produce enough in our area. Tomatoes and Onions are not important to our meals.
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by mikolo80: 1:40pm On Nov 28, 2014
[quote author=atlwireles post=28416767]

grin grin grin grin grin beans, rice, maize and yams, we produce enough in our area. Tomatoes and Onions are not important to our meals

no lie which side you from comewen una no de use onion and tomatoes i wan marry from there shocked
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by atlwireles: 1:46pm On Nov 28, 2014
mikolo80:
hyftllttth shocked

Correct, take a trip to a market in Agbarho, Sapele and Warri. Your tomato and Onion are bad market. That is the problem you have in Nigeria, too many lies about the North and Agriculture that never was.
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by mikolo80: 2:01pm On Nov 28, 2014
atlwireles:


Correct, take a trip to a market in Agbarho, Sapele and Warri. Your tomato and Onion are bad market. That is the problem you have in Nigeria, too many lies about the North and Agriculture that never was.
ordinary flood in lokoja beans price rise to 500 per congo,trailer drivers protest for one week price of tomato and pepper sky rocket and still you refuse to believe,toh ignorance is kukuma bliss
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by atlwireles: 2:06pm On Nov 28, 2014
mikolo80:
ordinary flood in lokoja beans price rise to 500 per congo and still you refuse to believe,toh ignorance is kukuma bliss

My friend keep your beans from Lokoja. Anything else.
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by mikolo80: 2:10pm On Nov 28, 2014
atlwireles:


My friend keep your beans from Lokoja. Anything else.
wetin consign me , me i'm from kwara and my visa don almost come through and by his grace i go soon get my own farm so do whatever makes you happy
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by atlwireles: 2:19pm On Nov 28, 2014
mikolo80:
wetin consign me , me i'm from kwara and my visa don almost come through and by his grace i go soon get my own farm so do whatever makes you happy

As a farmer already, welcome to the club. Let's stop the lie about the north and agriclture, is simply not true. ALL 36 states are farming states, in delta state, 50% of the population are farmers. They don't need a single item from any state to survive.
Re: Oil Drops 6.30% To $69.05: Nigeria Could Be Headed For An Economic Disaster by PROUDIGBO(m): 2:51pm On Nov 28, 2014
The day of reckoning has just arrived; as you peep out in trepidation from the curtained window, you watch the unwanted guest close the garden gate behind him and make his way down the driveway towards the house; soon the front doorbell will sound, sending a spasm of fear through your entire body, and you have no choice but to open the door and welcome him in!

You were foretold of this day years ago.....did you prepare yourself!?

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