dafuturis:


permission to copy and post on my facebook wall. will reference you.
??

SarkinYarki:
there is no economic Danger or selling the NNPC ,Many Nigerians don't realise that the NNPC is not a ministry neither is it a regulator , the NNPC is merely an oil company owned by the Nigerian Govt just like PetroBras or Mobil .. Many years of misdirection has made the NNPC to abandon what it was created to do and start erroneously acting like a Regulator and revenue cum royalty collector for the Govt .which is wrong.. The NNPC as is structured now is catalyst for mindboggling corruption that benefits just a few ..Let the Govt remove it's hand and let NNPC go struggle like any other oil company out there

Joevics:


The fact that you dont read isn't my problem.
I read and I'm well informed. Atiku has a plan - a list of things he would do.
If he fails to do them when elected,
We will also vote him out.
.....................................

Buhari on the other hand has no laid down plan.
What are his plans?
You can tell me.....

nairalandankrah:


MR Erudite professor of economics i hail thee
i'll advice you save that 'your vast knowledge on how the world works' because you will be needing it in DAURA
keep hiding behind your android phone to type Nonsense
#buharimustgo

chemgee:
I get your point sincerely, but now let's think: mention any successful and profitable government business in Nigeria, from oil and gas to transport to hospitality to education then we can begin

rusher14:
Nobody has been able to counter or refute the OP.

jpphillips, you really did it this time.

Kudos.

jpphilips:


Explain to us the financial chain of purchasing the shirt you wore today, that will explain better if NNPC failed or not. Apparently I opened a thread for empty people, mtchew!!

Now hear this..
1. name any country that attracts foreign direct investment on a sector still regulated by the government.

2. No thanks to corruption, businesses run by the government ain't profitable..

3. Nigeria is blissfully unaware of what is about to hit it next decade. We keep on fooling ourselves that Atiku's plan to privatize NNPC is not the right thing to do...
U.S. crude production (millions of barrels/day) 2018: 15.423 2019: 17.458 2020: 18.889 2021: 19.692 2022: 20.316 Kachikwu estimates Nigeria's crude oil production will reach 2.5 million bbd this year - but that is less than the INCREASE in US production between 2018 & 2020...
Between 2018 and 2022 (4 years), we are talking about an increase in US production alone close to twice Nigeria's production figures. We aren't adding discoveries in South Africa, Cameroon, Guyana or Brazil's production increases. Nigeria has a looming fiscal crisis - forget it...
"Nigeria's crude is light, sweet and low in sulfur content". Sorry, that is no longer relevant. It was relevant 10 years ago, but the Shale Oil boom means that the world is awash in light, sweet crudes.
Now, let's not even talk about the crazy drive for green energy. topic for another day..
4. An unpredictable industry plus lack of viability coz of corruption in the industry..

5. You have to stop with the unnecessary insults, else we won't have a meaningful discussion..
Peace