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PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration (23531 Views)

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PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by aweni4(m): 7:36am On Dec 12, 2015
A chieftain of the Peoples Democratic Party, PDP, in Delta State, Chief Sunny Onuesoke has faulted President Muhammadu Buhari’s allocation of N39.4 billion for oil exploration in the the northern part of Nigeria.

Onuesoke, who spoke yesterday at Yanagoa, Bayelsa State, said the provision in 2016 budget, is amazing, especially now when the West and other parts of the world are embarking on renewable energy exploration.

He said it is regrettable that Nigeria is allocating funds for oil exploration in arid northern part of the country.

“I wonder if Nigeria is thinking ahead or backward. I am saying this because when countries like America are selling their reserve and diversifying to other sources of energy generation, it is now that Nigeria is exploring for more oil in the North.

“It should be noted that Nigeria cannot be an advocate of climate change and at the same time investing on oil exploration instead of renewable drive for sustainable energy like solar,” he argued.

Describing the action of the Federal Government as waste of priority, but maintained that it is waste of time and resources by searching for oil in the desert when nation can channel the money on something else meaningful to the development of the country.

“The action of government showed that the country is not ready to diversify by searching for this silly oil elsewhere instead of thinking of how to do without oil. We will soon start looking for where we can dig out raw Dollars in the north too,” Onuesoke noted.

He called on Buhari to divert the N39.4 billion budgeted for oil exploration in northern part of Nigeria into research programme on renewable source of energy because the world focus today bid towards renewable source of power
http://nigerianpilot.com/onuesoke-faults-buharis-allocation-of-n39-4bn-for-oil-exploration-in-the-north/#.dpuf

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by ShowYourCertificate: 7:42am On Dec 12, 2015
When I say Buhari is a dullard some people will be crying. How can Buhari be exploring for oil that is fast losing value? America has stopped buying our oil, very soon others will stop because they are going green. And yet Buhari is looking for oil to sell/use. Isn't that cluelessness?

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Sunnymatey(m): 7:45am On Dec 12, 2015
Since the south are threatening to secceed, the north must lay hands on something that wil sustain their economy if evetually the struggle materialize. But he appears to be doing the right thing at the wrong time.

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by goodlifehyd(m): 7:46am On Dec 12, 2015
Stupidity is when you criticize a government that's investing such amount which will provide employment, generate funds when successful and lots more but you here protecting Dasuki who spent $6B dollars doing nothing. Awon oniranu oshi

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by ShowYourCertificate: 7:53am On Dec 12, 2015
Sunnymatey:
Since the south are threatening to secceed, the north must lay hands on something that wil sustain their economy if evetually the struggle materilize.
So he thinks the oil there will sustain Northern Nigeria? Hasn't he not learnt enough lessons from the negative impact of crude oil on our economy? Don't he know that there will be a time when even a barrel of pure water will be more valuable than crude oil? Isn't he aware that the North is blessed with lots of arable land and minerals? This man's dullardness is boundless

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Opinedecandid(m): 7:54am On Dec 12, 2015
Okay.
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by ShowYourCertificate: 7:56am On Dec 12, 2015
goodlifehyd:
Stupidity is when you criticize a government that's investing such amount which will provide employment, generate funds when successful and lots more but you here protecting Dasuki who spent $6B dollars doing nothing. Awon oniranu oshi
Stupidity is when you are busy chasing rats in a house that's on fire! Our economy is dwindling at an astronomical rate and what is on Buhari's senile brain is too chase after his preceived enemies.

119 Likes 13 Shares

Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by tolexy007(m): 7:59am On Dec 12, 2015
What else can I say? are we moving forward or Going bk? Sai Baba is biggest scam of the century

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by AustineE1: 8:03am On Dec 12, 2015
When the price of oil is droping like never before and new oil fields discovered in different parts of southern Nigeria,which are yet to be tapped,Mr. president still allocating our scarce resources for oil exploration in the north.
Yet you come out every day to say Nigeria is broke,scarce money that cld ve been invested in meaningful ventures in Nigeria. Talk about a myopic and an ethnic jingoist.

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by goodlifehyd(m): 8:03am On Dec 12, 2015
ShowYourCertificate:
Stupidity is when you are busing chasing rats in a house that's on fire! Our economy is dwindling at an astronomical rate and what is on Buhari's senile brain is too chase after his preceived enemies.
His perceived enemies or the enemies of the whole nation who turned nigeria into what it is presently So Buhari was the one who spent money meant to purchase arms on campaign or do you know how many lives would have been saved if things were put in place?? Do you know how many thousands of farmlands that had been abandoned cuz of this trash?
So you think getting oil from lake Chad where other countries are getting theirs is a waste? I bow!!!

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by daveyjay(m): 8:05am On Dec 12, 2015
I'm less disturbed, I never expected somethinq qood from the daura slow poke

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by palladin: 8:09am On Dec 12, 2015
I'm sure he didn't take that decision alone. Ibe Kachukwu must have given his input.


Moreover, this exploration in the chad basin was handed over to Buhari.s regime. It would amount to waste if he discontinued it especially when kachukwu already said they were close to break through in oil discovery there?

So why give up at the edge of break through?



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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by ShowYourCertificate: 8:14am On Dec 12, 2015
goodlifehyd:

His perceived enemies or the enemies of the whole nation who turned nigeria into what it is presently So Buhari was the one who spent money meant to purchase arms on campaign or do you know how many lives would have been saved if things were put in place?? Do you know how many thousands of farmlands that had been abandoned cuz of this trash?
So you think getting oil from lake Chad where other countries are getting theirs is a waste? I bow!!!
Didn't Amaechi divert the fund meant for his state for elections? Why don't we investigate that too among others?

As regards the futile oil search, I suggest you read the excerpt below:

The Nigerian National Petroleum Corporation (NNPC) has lost millions of dollars in its fruitless search for crude oil in the Chad Basin, without any strong indications that the efforts, which have been described as “political” would yield positive results, THISDAY’s investigations have revealed.

THISDAY gathered that the NNPC commenced exploratory activities in the Basin, after its initial efforts that led to the drilling of 23 abandoned exploratory wells failed.Six of the 23 abandoned wells, it was learnt, were located few kilometres north of the palace of the late Shehu of Borno, Alhaji Mustapha Umar El-Kanemi in Gajiganna.

The search, which has been described as a political decision, rather than an economic decision, is hinged on the fact that oil was discovered in bordering regions of Chad , Niger and Cameroon.

But a top geophysicist with one of the International Oil Companies (IOCs) told THISDAY at the weekend that the search for oil in the Chad Basin would not yield any positive results, as “the basin is too young to contain hydrocarbons”.“Chad Basin is too young to contain hydrocarbons. Crude oil was discovered in the Chad Republic because the basin is deeper in the area but very shallow in the Nigerian side. The Nigerian side does not have the required temperature and pressure to form oil because it is shallow. That is why all the exploration work there is done by the NNPC because no oil company will go there to waste money. The government knows that but the NNPC has to remain there because of politics,” he said.
http://www.thisdaylive.com/articles/nnpc-loses-millions-of-dollars-on-crude-oil-exploration-in-chad-basin/191226/

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by lasisi69(f): 8:39am On Dec 12, 2015
End time Government... PDP is no exception.. End time party

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by fulanimafia: 8:39am On Dec 12, 2015
Interesting.
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Nobody: 8:39am On Dec 12, 2015
This PDP get sense so? The exploration of Lake Chad Basin has been on for a long time. .. so Buhari is not even doing something new

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by fulanimafia: 8:39am On Dec 12, 2015
That decision was the brainchild of Ibe Kachukwu, and is right considering the fact that the decision was based on successful results of preliminary studies.

https://www.thecable.ng/kachikwu-nigeria-closer-oil-find-chad-basin

While the value of oil is sinking, it remains an asset and it will be the results of feasibility studies for the exploration, that will determine the futility or otherwise of this decision, and not the wails of sore losers like these.

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by connectikut89(m): 8:39am On Dec 12, 2015
Supporters of this government jst neva fail to mention Dasuki's name in every topical issue like it's one big feat for dis govt dat he's being tried for corruption.

Like what has a wild goose chase project up north got to do with an ongoing corruption trial? How are they even related? Later u'll call us wailers. Let the EFCC and the courts do their job and prosecute whoever is found guilty. Meanwhile he is still innocent until proven guilty. tongue

Face the issues with valid arguments and stop attacking the "wrong" strawman

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Nobody: 8:40am On Dec 12, 2015

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Hysmady(m): 8:40am On Dec 12, 2015
Make this people leave our presido na undecided
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by slimbeeabiola(m): 8:41am On Dec 12, 2015
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1 Like

Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by daniska3yaro(m): 8:41am On Dec 12, 2015
Hmmm
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by victorazy(m): 8:41am On Dec 12, 2015
ShowYourCertificate:
When I say Buhari is a dullard some people will be crying. How can Buhari be exploring for oil that is fast losing value? America has stopped buying our oil, very soon others will stop because they are going green. And yet Buhari is looking for oil to sell/use. Isn't that cluelessness?

I blame those that voted him.

15 Likes

Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Nobody: 8:41am On Dec 12, 2015
Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by loomer: 8:42am On Dec 12, 2015
goodlifehyd:
Stupidity is when you criticize a government that's investing such amount which will provide employment, generate funds when successful and lots more but you here protecting Dasuki who spent $6B dollars doing nothing. Awon oniranu oshi

Oga, but u dey read news about oil price lately. What use is the exploration gonna be wen the price of crude dey drop like plane wey wan crash?

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by odinese(m): 8:42am On Dec 12, 2015
.buhari is a useless man.

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by lomprico(m): 8:43am On Dec 12, 2015
I have been saying this all along, it has always been about the oil. Make himself petroleum minister, capture d oil producing states by force (by d way, any news from bayelsa elections?). The north has uranium, gold, tinn columbite, why not channel this funds in these minerals explorations
Or rather fix all our refineries, we can produce enough finished petroleum products to even export to other countries.

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by hobermener: 8:43am On Dec 12, 2015
Damn!!! This is what you get when a fine blend of bigotry, cluelessness, illiteracy and senility is mixed up in a cattle herder in his mid 70's. The world is massively investing and searching for cleaner, safer and renewable energy, and countries in the western world have ganged up to reduce the worth of black gold to that of natural oxygen, yet our dull junketeer in chief dares invest such huge sums in empty projects even at such austere times?? ( as he claims). Buhari is indeed Gods punishment on Nigerians for being stewpeed

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Re: PDP Chieftain Criticizes Buhari Over Allocation Of N39.4bn For Oil Exploration by Bhella5(m): 8:45am On Dec 12, 2015
Wailing wailers detected.

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