Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,739,683 members, 6,497,019 topics. Date: Sunday, 19 September 2021 at 02:30 PM

Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo (2809 Views)

Under Buhari N25 Billion Being Stolen Daily In The Name Of TSA – Dino Melaye / Buhari Makes U-turn, Says 250,000 Barrels Of Crude Oil Was Stolen Daily / Jonathan Replies Soludo Over “missing N30 Trillion” Claim (2) (3) (4)

(1) (2) (Reply) (Go Down)

Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by 9jatriot(m): 9:29am On Feb 04, 2015
Vice presidential candidate of the Peoples Democratic Party Architect Namadi Sambo Sunday evening said only 100,000 barrels of crude oil is stolen in the country.

Sambo is also the Vice President of the country while debunking the usually touted claims by the opposition that a total of 400000 barrels of crude is stolen daily said those making the claims are not in possession of adequate facts stating that the figures are exaggerated.

At the ongoing debate for vice presidential candidates of political parties taking part in the February 14th presidential election organised by the Nigerian Election Debate Group Sambo said though the problem of crude oil theft is there the PDP left federal government is expanding all.the frontiers for confronting the menace.
http://nigeriapoliticsonline.com/only-100000-barrels-of-crude-is-stolen-daily-in-nigeria-namadi-sambo/
http://www.premiumtimesng.com/news/top-news/176110-vice-presidential-debate-opposition-candidates-slam-sambo-electricity-claim.html
Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by haywire1: 9:56am On Feb 04, 2015
Hmmmmm, God is patiently watching Nigeria on a 102inches Screen
Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by iykofias(m): 9:57am On Feb 04, 2015
Hahahaha, sambo kip setting d height of stupidity beyond reach.

7 Likes

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by ayukdaboss(m): 10:00am On Feb 04, 2015
Kai Samboribo no get sense sha...Mods please put this on Front Page so Nigerians can see another example of a leader that needs to be sent back to his village.

This is pathetic.

5 Likes

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by theV0ice: 10:01am On Feb 04, 2015
Even with all the billions tompolo and co claim in the name of pipelines and waterways security contract

Sambo the samboribobo..... cheesy

Now I know why jona picked him.... "species of the same avian family tend to agglomerate" apologies to Chris Okotie cool

2 Likes

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by olapluto(m): 10:02am On Feb 04, 2015
At 55 USD per barrel, 100,000 barrels = 5.5m dollars! per day
That is $2 Billion yearly! or 400 Billion naira per year.
Buhari cannot come early enough!

14 Likes

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by Sparrow13: 10:02am On Feb 04, 2015
Sambo is the worst politician ever to come from the north.
*WE APOLOGIZE*

4 Likes

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by Nobody: 10:03am On Feb 04, 2015
Did Sambo just say Only 100,000 Barels Stolen Daily, 100,000 only? This guys know about this stolen barrels.

4 Likes

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by Flets: 10:04am On Feb 04, 2015
For APC dumbos

300kd is shut-in production due to vandalized pipelines and ageing production facilities. It is not stolen crude..... but rather unproduced crude seating beneath the soil surface

100kd is still lost to bunkering which efforts are ongoing to end it. This amount compares to 350kbd theft under Obj.

Any certificateless illiterate who mentions 400kd oil theft again will be shot in the head. .....Last warning.

2 Likes 1 Share

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by Nobody: 10:05am On Feb 04, 2015
Sambo is a disgrace to Vice Presidency worldwide.

Chai! grin grin

4 Likes

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by ayukdaboss(m): 10:05am On Feb 04, 2015
Obiagelli:
Did Sambo just say Only 100,000 Barels Stolen Daily, 100,000 only? This guys know about this stolen barrels.
Its getting more obvious that PDP is on course to further destroy this country. God no go allow them...I can only imagine where this blessed country would have been without PDP.

3 Likes 1 Share

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by haywire1: 10:06am On Feb 04, 2015
Where r our active and humble Mods, FP straight
Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by reborn1: 10:07am On Feb 04, 2015
Sambo don misyarn. Lolz

1 Like

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by ayukdaboss(m): 10:09am On Feb 04, 2015
Flets:
For APC dumbos

300kd is shut-in production due to vandalized pipelinnes and ageing production facilities. It is not stolen crude..... but rather unprodiced crude seating beneath the soil surface

100kd is still lost to bunkering which efforts are ongoing to end it.

Any certificateless illiterate who mentions 400kd oil theft again will be shot in the head. .....Last warning.

It's really unfortunate what political bigotry has done to us. I'm sure even if Sambo says he's a fool, you'll give him reasons why he isn't.

6 Likes

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by Flets: 10:12am On Feb 04, 2015
olapluto:
At 55 USD per barrel, 100,000 barrels = 5.5m dollars! per day
That is $2 Billion yearly! or 400 Billion naira per year.
Buhari cannot come early enough!

Stop sounding stupid. Where is the JV operator interest in your calculation? Or you think the Shells and Mobils of this world produce oil for free?

And if you must know, its actually better now than what it used to be under Obj. Under Obj, we averaged 350kbd theft per day. GEJ cleared the creeks to the point it is now.

1 Like

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by joseph1832(m): 10:13am On Feb 04, 2015
berem:
Sambo is a disgrace to Vice Presidency worldwide.

Chai! grin grin
Dumbo Sambo is even admitting that crude oil theft is even happening right under their nose.

Well that's a standard modus operandi for GEJ and his cohorts, sit back and do nothing. Its a clear case with Boko Haram.

1 Like

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by haywire1: 10:17am On Feb 04, 2015
Flets:


Stop sounding stupid. Where is the JV operator interest in your calculation? Or you think the Shells and Mobils of this world produce oil for free?

And if you must know, its actually better now than what it used to be under Obj. Under Obj, we averaged 350kbd theft per day. GEJ cleared the creeks to the point it is now.

Chaiii wettin u dey type wey no sweet for eyes sef. Obj = PDP corrupt ex-president, GEJ = PDP present corrupt president. Now tell me what's d difference btw the two?

We need CHANGE, VOTE FOR CHANGE
Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by olapluto(m): 10:17am On Feb 04, 2015
Flets:


Stop sounding stupid. Where is the JV operator interest in your calculation? Or you think the Shells and Mobils of this world produce oil for free?

And if you must know, its actually better now than what it used to be under Obj. Under Obj, we averaged 350kbd theft per day. GEJ cleared the creeks to the point it is now.
If by 'JV' you mean joint ventures, then it makes no sense here. Oil is stolen, and sold in vessels and ships within the full glare of the navy.
It may interest you that the first lady might be involved in bunkering the 100k barrels. You cannot give GEJ praise for what he hasnt done, a problem that still persists.
GEJ is paying the militants billions (equivalent to thousands of barrel), yet oil is still being stolen. Paying a small thief to allow the big thief operate.

2 Likes

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by hatbricker: 10:19am On Feb 04, 2015
Dumbo Sambo
Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by Nobody: 10:21am On Feb 04, 2015
Flets:
For APC dumbos

300kd is shut-in production due to vandalized pipelines and ageing production facilities. It is not stolen crude..... but rather unproduced crude seating beneath the soil surface

100kd is still lost to bunkering which efforts are ongoing to end it. This amount compares to 350kbd theft under Obj.

Any certificateless illiterate who mentions 400kd oil theft again will be shot in the head. .....Last warning.

What "efforts" are ongoing please? Explain.
Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by Adminisher: 10:26am On Feb 04, 2015
This govt is very corrupt. The figure was 400000 barrels two months ago. They have been stealing the dollar value of 400000 barrels for more than five years telling everyone it is crude oil theft which is probably less than 100000 barrels per day.

1 Like

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by akoraye(m): 10:28am On Feb 04, 2015
This nonentity called sambo sha!
Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by Flets: 10:29am On Feb 04, 2015
olapluto:

If by 'JV' you mean joint ventures, then it makes no sense here. Oil is stolen, and sold in vessels and ships within the full glare of the navy.
It may interest you that the first lady might be involved in bunkering the 100k barrels. You cannot give GEJ praise for what he hasnt done, a problem that still persists.
GEJ is paying the militants billions (equivalent to thousands of barrel), yet oil is still being stolen. Paying a small thief to allow the big thief operate.

Like I said you cannot disregard the JV partener volumes and fund. So when next you quote your 20 billion. .. be informed that you have included the IOCs averaged 10billion in your calculations.

And yes I will hail GEJ cos he reduced crude theft from 350kbd under Obj to 100kbd currently. The money spent on pipeline protection contrat is less than 3% of what have been saved in crude protection.

As per patience having crude bunkering vessels.... I don't do mama put rumours. Put some facts behind it and earn a response.

1 Like 1 Share

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by Flets: 10:30am On Feb 04, 2015
haywire1:


Chaiii wettin u dey type wey no sweet for eyes sef. Obj = PDP corrupt ex-president, GEJ = PDP present corrupt president. Now tell me what's d difference btw the two?

We need CHANGE, VOTE FOR CHANGE

Sorry ..Obj is APC's pilot - Tinubu

1 Like

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by Nobody: 10:31am On Feb 04, 2015
Did he say he was replying to the Almighty Soludo? grin I'm not sure he'll like this. He knows what he'll get if he stages a war with Soludo. After all he knows he's dumb and no match for Soludo.
Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by orobs93(m): 10:47am On Feb 04, 2015
No wonder he has been acting like a deaf and dump I never knew e is a dundee e does not even think before talking...
Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by oluspencer(m): 10:49am On Feb 04, 2015
Stealing is not corruption!!!
Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by Sanchez01: 10:51am On Feb 04, 2015
Sambo again Chei! Nigerians has suffered at the hands of these clueless folks!! You're told that you're not brilliant and you're claiming 'but my handwriting is good.'


Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by patrickmuf(m): 10:54am On Feb 04, 2015
Sambo could do with avoiding the mic or the media as a whole...Dude disappoints every time he speaks...
GEJ/Sambo = Clueless Combo
Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by sammyj: 10:55am On Feb 04, 2015
.
Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by onegig(m): 11:41am On Feb 04, 2015
Let's even assume it is just 100,000 barrels.

That's 100,000 ×$54 (price per barrel) =5.4 million dollars lost daily.

Multiply by 365 days

365 × 5.4 million dollars= 1 971 000 000 (1.9 Billion dollars yearly)

That's roughly 2 Billion dollars yearly.

Multiply by Current exchange rate of 195.

You would have around 400 billion dollars yearly.

Let us put things into perspective more.

That's the total full year budget of Osun and most states for 8 straight years.

If that is curbed and thrown at our educational sector alone we would have 1000 percent turn around.

I give up on Nigeria.

1 Like

Re: Sambo Replies Soludo, Opposition; "Only 100,000 Barels Stolen Daily"- Sambo by NavierStokes(m): 11:59am On Feb 04, 2015
Don't mind all these analysts who think mineral economics calculations are done simply by punching calculators.

If those figures are scrutinised it will be a puzzle to both you holding the calculator and the analyst trying to explain to you.

The oil industry is one place simpletons shouldn't be exposing their minds to. In summary its a case of the more you look the less you see.

Talking about a commodity that changes with the conditions you expose it to.

Everything about the petroleum industry worldwide is magic. Its a mafia commodity

Flets:


Stop sounding stupid. Where is the JV operator interest in your calculation? Or you think the Shells and Mobils of this world produce oil for free?

And if you must know, its actually better now than what it used to be under Obj. Under Obj, we averaged 350kbd theft per day. GEJ cleared the creeks to the point it is now.

(1) (2) (Reply)

Cross River State Governor-elect And Deputy On Carnival Thank You Tour / Nigerians On Twitter Attack Lia Mohammed After Channels Interview / (must See Pic)the Currency Of A Lost Republic. Biafra

(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 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 139
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.