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Nairaland Forum / Nairaland / General / Politics / Sorry Lagos, You Don't Have Oil By Ade Damola (31983 Views)
Ismail Damola Fantola Contesting For Oyo State House Of Assembly / Sorry Lagos, You Don’t Have Oil / U Can’t Diversify The Economy From Oil By Searching For Oil In The North- Fayose (2) (3) (4)
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Sorry Lagos, You Don't Have Oil By Ade Damola by RZArecta(m): 7:26am On Sep 19, 2016 |
This article is for critical & logical thinkers, please stúpid people and zombies should stay away. Thank Follow Ade on twitter @Damoche http://nairametrics.com/sorry-lagos-you-dont-have-oil/?utm_source=twitterfeed&utm_medium=twitter 26 Likes 4 Shares
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Re: Sorry Lagos, You Don't Have Oil By Ade Damola by Orjioorji(f): 7:47am On Sep 19, 2016 |
this is a strong thought , we know its all propaganda, but the question is why will they result to laing ? 36 Likes 2 Shares |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by Emancipation: 7:51am On Sep 19, 2016 |
Asari Dakubo wasn't far from the truth when he said lagos has no oil. Key points: 1) The Obasanjo government in accommodating a solution settled on the onshore/offshore abrogation bill of February 2004 (backdated to April 2002) which describes the limit of the littoral states as the 200 metre water depth isobath contiguous to a State of the Federation. 2) Instead of using the 200 nautical miles (370 km) Exclusive Economic Zone EEZ as anticipated, the bill cleverly recommended a limit of ‘200 metre water depth isobath’. It was a masterstroke by Obasanjo, the Federalist. 3) For states whose sea bed plunges sharply into the sea, the 200m water depth isobaths would be closer to shore while states with gently sloping sea beds would have a farther derivation belt. Lagos, Ogun and Ondo States’ sea bed are typically in the former category while the likes of Bayelsa, Rivers and Akwa Ibom are in the latter. 4) Lagos has now been accredited for derivation by the RMAFC but in his speech to Governor Ambode, the Chairman of the Commission noted that Lagos is only qualified for derivation on production from 4 wells out of the five in the Aje field as the last well fell beyond the 200 isobath water depth. Note that the Aje field is just 24 kilometres from the coast of Lagos and in water depth of about 100 meters — a shallow, near-offshore field by industry deep-water standards. And there also lies the problem for Lagos. Most of the future production from offshore Lagos is farther into the Atlantic. 48 Likes 3 Shares |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by OfficialAwol(m): 7:53am On Sep 19, 2016 |
I tried to understand what i am reading but cant tell if i did. But i grabbed that lagos does have oil but simply cant benefit from it very much like the niger delta states. I think this is the simple summary of the write up which makes mewonder why you had to punish us with "isobaths" and "cubic depth" lol 189 Likes 15 Shares |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by Emancipation: 8:09am On Sep 19, 2016 |
OfficialAwol: It was obasanjo that did it when he was trying to cheat Niger deltans back in 2004 but now oil has been discovered in Lagos, it has totally backfired. 127 Likes 10 Shares |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by RZArecta(m): 8:15am On Sep 19, 2016 |
OfficialAwol:no vex if I catch Ade, I'll slap him for you. Why I'm really happy about this article is because as a Niger Delta man, I've been disappointed with the way our leaders of thought go into negotiations without forming proper alliances while greed most times kills off most agitations that could benefit us. But with this scenario, I believe the legal luminaries of the SS/SW will have a field day fighting for a better equity sharing of resources using international law 18 Likes |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by hahn(m): 9:58am On Sep 19, 2016 |
Following |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by Izonpikin: 10:01am On Sep 19, 2016 |
i am so happy because soon the niger delta would have many hands joined together fighting the oil war against the fraudulent FG... Only the discovery of oil can make an ignorant man wise and very soon the yorubas will wake up from their dream...this is some good news... Also the fight for resource control will re-surface and niger deltans wont be alone in the war... 71 Likes 3 Shares |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by Izonpikin: 10:05am On Sep 19, 2016 |
Emancipation:not knowing that lagos one day would have to benefit...you see ehn..when God wan punish people na so e dey be...they thought marginalising the niger delta was to punish us not knowing that it was going to shoot them in the feet... At least soon the niger delta would have neighbors who would be ready to fight for resource control and reforms in the oil and gas sector...bills like the PIB would be fully followed up by the south westerners... ... them never see anything yet... 61 Likes 4 Shares |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by Emancipation: 10:06am On Sep 19, 2016 |
Izonpikin: That's exactly what will happen because they (yorubas) dont have a choice anymore than to join and fight for resource control. They have cornered themselves. This is a lesson for those who turn a blind eye to the injustice perpetuated to others while keep shouting one nigeria. 77 Likes 1 Share |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by Emancipation: 10:09am On Sep 19, 2016 |
Izonpikin: Exactly, the God of the Niger deltans and the oppressed will continue to fight their battles. its just a matter of time and Karma will catch them one by one. 45 Likes |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by abokibuhari: 10:09am On Sep 19, 2016 |
Yoruba mama why? 2 Likes |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by seunmsg(m): 10:10am On Sep 19, 2016 |
The opinion of the author is so on point. Personally, I don't think any state should benefit from oil exploration in the deep water. The exploration is so far away from onshore and any claim of environmental impact is just a political claim and not real. Resources found in the deep waters should belong to the federation for the benefit of all parts of the country. 19 Likes 1 Share |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by Izonpikin: 10:10am On Sep 19, 2016 |
Emancipation:gbam/....lagosians would be fools not to fight for their God given resources...i just dey happy here wey i dey... this is how oil fields like bonga was taken from the niger delta by the fraudulent FG...lagos go fight you go see... ...e dey sweet me here 43 Likes 4 Shares |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by RZArecta(m): 11:03am On Sep 19, 2016 |
Izonpikin:exactly my thought also 13 Likes |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by RZArecta(m): 11:07am On Sep 19, 2016 |
seunmsg:thank God its only your personal opinion and it will stay with you alone 34 Likes 1 Share |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by richidinho(m): 11:39am On Sep 19, 2016 |
Buhari real meaning of diversification is the searching of oil in maiduguri, katsina, Benue and Kaduna. Also to pay 13% to Lagos for producing 1200barrels of oil daily 18 Likes 1 Share |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by jjchizzy(m): 11:41am On Sep 19, 2016 |
I still believe nigerians should focus less on discovering oil.. There are other lucrative minerals.. Nickel was recently discovered y not intensify efforts on it 9 Likes 1 Share |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by SuperBlack: 11:41am On Sep 19, 2016 |
The Lagos i know have Red Oil and Grandnut Oil. 30 Likes 2 Shares |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by jhonnyman: 11:41am On Sep 19, 2016 |
hmmm |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by kaen1317: 11:43am On Sep 19, 2016 |
And Buhari is busy searching for oil in the north like a madman 11 Likes 1 Share |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by admax(m): 11:44am On Sep 19, 2016 |
Okay |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by Icecomrade: 11:45am On Sep 19, 2016 |
Sad 1 Like |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by Nobody: 11:45am On Sep 19, 2016 |
We Lagosians don't need oil to be discovered in Lagos . That will cause pollution here. Discover it elsewhere and embezzle the money to develop lasgidi. Yea that how we roll 14 Likes
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Re: Sorry Lagos, You Don't Have Oil By Ade Damola by kaen1317: 11:45am On Sep 19, 2016 |
Niger Delta feeding Nigeria since the 1800's 16 Likes 1 Share |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by soberdrunk(m): 11:45am On Sep 19, 2016 |
Lagos has Fish, Fish has cod liver "oil", oil is oil........ 27 Likes 3 Shares |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by obailala(m): 11:45am On Sep 19, 2016 |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by davodyguy: 11:46am On Sep 19, 2016 |
so? This is just semntics by Damola. The exploration has begun and crude oil is being extracted and exported, with income being generated. I'm not sure Lagos borders any of the NG states that would make them wants to lay claim to the other part of the water ways, where the oil can be explored. All waters ways still belong to the FG. Some people might misinterpret this, as if there was no discovery. Get it. There was discovery in the water close to Lagos and as of now, Lagos State has be allocated ownership status of 4 oil wells. Whether the 200 isobath was fraudulently introduced by OBJ or not, Lagos is now controlled by the party at the centre. With Fashola, Tinubu and Ambode, its only a matter of time, before the 2004 pact is reviewed for the benefit of all. May be this is the only opportunity for that restructuring to take place. This means more money to the oil producing states. However, the negative part of this possible review is that the governors would probably still cheat the indigenes of the states. Even with 2004 pact, Lucky Igbenedon, James Ibori and Peter Odili, still stole billions from their states. Giving more money to their cronies in government now may spell doom for the people. With the FG having the money, you are guaranteed a good spread. 16 Likes 1 Share |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by salabscholar01(m): 11:46am On Sep 19, 2016 |
ok 1 Like |
Re: Sorry Lagos, You Don't Have Oil By Ade Damola by ItsawrapOutfit: 11:46am On Sep 19, 2016 |
Hopeful minds at large |
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