NNPC Announces N18.12bn Trade Surplus - Business (2)

Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,154,123 members, 7,821,849 topics. Date: Wednesday, 08 May 2024 at 08:05 PM

NNPC Announces N18.12bn Trade Surplus - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / NNPC Announces N18.12bn Trade Surplus (6231 Views)

Nigeria Earned N275.12bn From VAT Q3 2019 – NBS / In Commitment To Transparency, NNPC Announces New DSDP Bid Winners / Nigeria Records Trade Surplus Of N1.44tln In Q4 – NBS (2) (3) (4)

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

Re: NNPC Announces N18.12bn Trade Surplus by arixsto2(m): 1:24pm On Oct 01, 2018

KOLLYPROF:
Not an economist but I think trade surplus is better than trade deficit
Still better all the way

It's not making the surplus, it's what are they doing with it

Re: NNPC Announces N18.12bn Trade Surplus by davodyguy: 1:24pm On Oct 01, 2018

This is simple. They're indirectly paying subsidy. However after the payment they're still have a surplus. The difference now is that NNPC is the source of all refined PMS being imported into Nigeria

Re: NNPC Announces N18.12bn Trade Surplus by Justinah4real(f): 1:54pm On Oct 01, 2018

jy2kbeyond:
All what we hear is bogus and useless figures.

Billions recovered from fighting corruption.

But the truth is our government still run to China at the slightest opportunity to borrow huge sums that we never see the usage.

Centuries after, can Nigeria pay back all those useless loans our government is borrowing?

This is why our currency is never appreciated neither is our economy self sufficient.

Re: NNPC Announces N18.12bn Trade Surplus by pieces18: 2:04pm On Oct 01, 2018

This is what we always hear, but there is nothing to show for it. trade surplus but you cant remit as stipulated by law into the federal coffer. why? i think these people in government are good at lying to us. surplus of 18.12 billion naira, is there anything to show for it?

Re: NNPC Announces N18.12bn Trade Surplus by deji17: 2:10pm On Oct 01, 2018

Now NNPC is declaring trade surplus. Tomorrow when they talk of under recovery, economic illiterates will be confusing that with subsidy.

Re: NNPC Announces N18.12bn Trade Surplus by Teaser4(m): 3:15pm On Oct 01, 2018

how does this surplus affects the common man on the street... fvck y'all...

Re: NNPC Announces N18.12bn Trade Surplus by KOLLYPROF(m): 4:51pm On Oct 01, 2018

Adetaiwoo:

Yes bro. But how much of this bogus money was used in regulating oil prices.
What's the % remittance to national confers.

I also wonder

Re: NNPC Announces N18.12bn Trade Surplus by gladisa7: 6:36pm On Oct 01, 2018

And I no get light 4 3 days now?

(1) (2) (Reply)

Why The DHL Is Better Than The UPS And Other Courier Services In Nigeria / Paypal Exchanger For Long Time / Celebrate Ur Xmas With Ankara Shoes And Bags, Order Urs Nw

(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. 13
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.