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Oil Price Sinks To Lowest Level In 16 Years - Politics (8) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Oil Price Sinks To Lowest Level In 16 Years (34477 Views)

Mele Kyari: Nigerians Should Prepare For 3 Months Trouble Over Oil Price Crash / Crude Oil Not Sold For $100 In 16 Years Of PDP – Atiku / Electricity: We’ve Performed Better Than PDP Did In 16 Years – Fashola (2) (3) (4)

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Re: Oil Price Sinks To Lowest Level In 16 Years by m140(m): 5:54pm On Mar 19
voltron14:


I've never said government has no blame.

Matter of fact, the government comes from the pool of individuals that populate the nation.

The sum average of the Nigerian is what you see in the political sphere.
You so right , have been reading from first page,,,, the kind of people we are is the kind of leaders we choose,,,, some was saying visionary leaders where the ones they have in the western world, that thing no dey here,,,, we are the government.... Nigerians ain't productive,,,, I don't blame the government cause we are the government, we are the ones choosing them. All of them quoting you here , they cant even manage their homes, not to talk a whole nation

3 Likes 1 Share

Re: Oil Price Sinks To Lowest Level In 16 Years by m140(m): 5:56pm On Mar 19
Nairalandmonika:

Say it, and say what you do to make such money and how u started
So... businesses no close down for us bah!
Re: Oil Price Sinks To Lowest Level In 16 Years by m140(m): 5:59pm On Mar 19
voltron14:


One day you would realise these are all excuses.
Excuses, that what we sabi, government this ,government that,,, stupid excuses,,,, the election go come them go give them garri, them go collect again then come here like say them sabi too much,

1 Like 1 Share

Re: Oil Price Sinks To Lowest Level In 16 Years by showafrica(m): 8:05pm On Mar 19
tensazangetsu20:

As much as there are a lot of Nigerians being unproductive, it all still boils down to the government. What enabling environment have they created to ensure that people are productive. There is no electricity. You start up something and they are ready to destroy it all. A lot of people have tried to do something in this country and make something out of their existence here but the environment is brutal and unforgiving.

Some employees dont know the damages this govt do to businesses. They have killed a lot of businesses and its unfurtunate, you cant fight the govt. Make the oil dry abeg let everyone hustle and be productive. This oil is the major problem we have in this country.

1 Like

Re: Oil Price Sinks To Lowest Level In 16 Years by showafrica(m): 8:13pm On Mar 19
tensazangetsu20:

The government doesn't want Nigerians to be productive. The more people get productive, the more people would climb out of poverty, the lesser people they would be to control. They still need to share rice and win votes and that's why anything to defeat poverty would always be crushed.

Infact ths govt priority is to subdue her citizens
Re: Oil Price Sinks To Lowest Level In 16 Years by michlins(m): 8:14pm On Mar 19
kikero:


Nigeria is poor, but if APC had hit the ground running with policies since 2015 and had removed fuel subsidies and power subsidies so as to attract investors in both sectors we might have been in a better place
you made sense and raised a vital point. Sadly tribalism made us repeat same mistake this year. Another thing is that once you tell Nigerians that you want to remove subsidies, we will come for your head. So the folks in power will take advantage and loot us as much as they can riding on our sentiments
Re: Oil Price Sinks To Lowest Level In 16 Years by michlins(m): 8:16pm On Mar 19
Ausrichie:

Out of 30k minimum wage bah? Common increase in VAT and most people are crying please just shift.
I know people who make more than 10ml daily but pay less than 200k annual tax. So what's your point again
Re: Oil Price Sinks To Lowest Level In 16 Years by michlins(m): 8:17pm On Mar 19
Bigiway:
sir what about the latest increasement of tax, stamp duty. I think you are part of dullard supporter
Buhari is as dullard as most average Nigerian. Just raise logical argument and we ride with sentiment. Have you seen the budgets of other countries and then compare with ours
Re: Oil Price Sinks To Lowest Level In 16 Years by michlins(m): 8:21pm On Mar 19
Mizwisdom:



See them, people like you are the ones ruining this country. With the tax you pay noe what have they done with it? isn't it tax that Abacha looted and we are still recovering up till date?
Nigeria is like this because we don't pay taxes. When we pay enough taxes and a politician loot, we will treat them same way we treat those pocket pickers. Their looting is yet to be personal so we just allow them to do whatever they want.

Let's say you pay tax up to 50% just like in other climes and one politician corners the money meant for NEPA and then you sweat as we do now, next day you meet him, you will be forced to take laws into your hands

1 Like 1 Share

Re: Oil Price Sinks To Lowest Level In 16 Years by SoNature(m): 10:07pm On Mar 19
voltron14:



Unlike many, I don't do such conspiracies.

There is no government that does that, none whatsoever.

There are many positives from all governments in Nigeria but I insist, the Nigerians are too unimaginative to embrace the opportunities.

Even this thread speaks volume.

Notice how, as soon as I made it an economic discourse, the early dimwits abandoned the thread?

That is typical.

As soon as it requires effort and persistence many flee.


That's simply because you are making a senseless argument

Which rational person would want to argue with someone who has your kinda mentality?

Leadership gives direction and keeps the country focused

I don't understand why someone would expect the citizens to do magic whereas Nigeria has someone what will be best described as a dead president.

A country without strong, visible leadership is finished


And Nigeria is a very good example

Sooner rather than later, everyone will realize that.

You guys should keep using APC, PDP, tribalism and religion to run down this country.

When hunger comes, it won't spare anyone!
Re: Oil Price Sinks To Lowest Level In 16 Years by SoNature(m): 10:19pm On Mar 19
senatordave1:

I think the person in short supply of cerebellum is you.fake Yankee.a disease that china,USA and even Egypt and southy couldn't stop in its tracks,how do you expect Nigeria to stop it? Do you reason at all? Are you OK? You wouldn't agree ofcourse but sane minds will align

Please don't absolve this government of blames

If they placed travel restrictions when this disease went out of control, things wouldn't get this terrible

Nigeria has some of the world's worst leaders
Re: Oil Price Sinks To Lowest Level In 16 Years by SoNature(m): 11:07pm On Mar 19
Nairalandmonika:

Stop asking foolish questions, the way buhari sang out diversifying the economy you would think by now we wouldn't be oil dependants. It's be 5 yrs going tob 6, yet we still very much depend on oil.

The maga was even using Nigeria's oil revenue to search for crude oil Wells in the north

That man is just annoying

3 Likes

Re: Oil Price Sinks To Lowest Level In 16 Years by SoNature(m): 11:55pm On Mar 19
PLAYBOX22:


Oga face reality!

How many Nigerian made products do you even patronize knowing they don't have good quality?


Money don't go round in this country, is the real problem!

Almost everything is imported and the government is not effectively doing anything to sponsor or assist (quality) productivity in the country, which is part of the causes of ineffective productivity in Nigeria. The gov will rather invest money on one audio rubbish!!

The little Nigerians produces is without quality because of the kind of self support the producers have. Meanwhile in a country like Nigeria, no good quality, no patronizing and the government knows this very well.

Even dangote was somehow assisted by the gov to make it big.

All the money brought in by Yahoo boys and others (like they say) still leaves the country in one way or the other (based on purchases)

We have Nigerians aiding know companies overseas make names. You think we don't have the same kind of persons living among us here in Nigeria?

The govt don't believe in what you can do! They belive in what they can achieve from you before their tenor runs out.

Nigeria is a Dream Killer (if you let it) ....Travel out if you can, then come back when you've made it (if you want) periodt!!!!


This is thought-provoking
Re: Oil Price Sinks To Lowest Level In 16 Years by Moukandjo: 12:31am On Mar 20
Yankee101:


I pulled up your posts (all) using AI.

This is what I found out

1. Most common words
- Daft
- Idi0t
- MorO.n
- Sychophant
- APC
- PDP
-IPIGS

2. Your prognosis
- You insult people constantly
- You are seeking direct entry into university as at 2017. An agbaya confirmed
- You have extremely low self esteem issues
- You want to travel abroad but still can't
- You are one of those bush yoruba boys who went to school but not the reverse (I have yoruba affiliations, so I can insult you on this comfortably. You sound like those Akoko-Edo Bush folks)

I've seen your ynash. There's a quarantine. I have your time

But can you still explain the meaning of the daftest statement ever, "paucity of cerebellum"? grin grin
Did you actually think you can use grammar you don't understand to seem intelligent without anyone here finding out you're actually dvmb? Why you no just use normal grammar wey you sabi instead of fooling yourself? That's the real low self esteem, boy...
Paucity of cerebellum..... grin grin

Re: Oil Price Sinks To Lowest Level In 16 Years by Yankee101: 12:42am On Mar 20
Moukandjo:


But can you still explain the meaning of the daftest statement ever, "paucity of cerebellum"? grin grin
Did you actually think you can use grammar you don't understand to seem intelligent without anyone here finding out you're actually dvmb? Why you no just use normal grammar wey you sabi instead of fooling yourself? That's the real low self esteem, boy...
Paucity of cerebellum..... grin grin

That's exactly what you're displaying

Paucity of cerebellum

Bushman. You think you can insult just everyone online abi? I'm your daddy

I pulled up your posts (all) using AI.

This is what I found out

1. Most common words
- Daft
- Idi0t
- MorO.n
- Sychophant
- APC
- PDP
-IPIGS

2. Your prognosis
- You insult people constantly
- You are seeking direct entry into university as at 2017. An agbaya confirmed
- You have extremely low self esteem issues
- You want to travel abroad but still can't
- You are one of those bush yoruba boys who went to school but not the reverse (I have yoruba affiliations, so I can insult you on this comfortably. You sound like those Akoko-Edo Bush folks)

I've seen your ynash. There's a quaranti
Re: Oil Price Sinks To Lowest Level In 16 Years by Felixamos(m): 2:18am On Mar 20
voltron14:


The question I would ask you is if this government is inept, were they also responsible for lack of power supply for.the rest 55 years?

Why are you beating around the bush? The govt is dead..
If I may ask, have Nigeria as a country ever experienced "true governance" since you claim its not the fault of the govt?

How dare you turn this against hardworking Nigerians who are doing their very best to survive?

If your answer to my first question is yes, please tell me when and also your definition of "true governance".. let's discuss..
Re: Oil Price Sinks To Lowest Level In 16 Years by Moukandjo: 2:58am On Mar 20
Yankee101:


That's exactly what you're displaying

Paucity of cerebellum

Bushman. You think you can insult just everyone online abi? I'm your daddy

I pulled up your posts (all) using AI.

This is what I found out

1. Most common words
- Daft
- Idi0t
- MorO.n
- Sychophant
- APC
- PDP
-IPIGS

2. Your prognosis
- You insult people constantly
- You are seeking direct entry into university as at 2017. An agbaya confirmed
- You have extremely low self esteem issues
- You want to travel abroad but still can't
- You are one of those bush yoruba boys who went to school but not the reverse (I have yoruba affiliations, so I can insult you on this comfortably. You sound like those Akoko-Edo Bush folks)

I've seen your ynash. There's a quaranti


"Paucity of cerebellum"... grin
I no know who send you grammar wey you no sabi just to seem intelligent, not knowing say person go catch your daftness...
Abeg boy, wetin "paucity of midbrain" or "paucity of pons" go con mean?
Una no go kill person for this country grin

Re: Oil Price Sinks To Lowest Level In 16 Years by Evercurious(f): 9:24am On Mar 20
Slynation:

That unrealistic fellow has been backing up his points with enough punchlines...The problem is not talking nonsense, but when someone's nonsense starts making sense, then personally i give such people some accolades...
Nnamdi Kanu started with what i called nonsense, but today it's reality....

Did you call them punchlines? Pls go read again
Re: Oil Price Sinks To Lowest Level In 16 Years by SoNature(m): 10:38am On Mar 20
showafrica:


Some employees dont know the damages this govt do to businesses. They have killed a lot of businesses and its unfurtunate, you cant fight the govt. [b]Make the oil dry abeg let everyone hustle and be productive. [/b]This oil is the major problem we have in this country.

My bro, be careful what you wish for

Nigeria is damaged beyond repair

When the oil dries or becomes worthless is when you will see real suffering and crime

Nigerian leaders have rendered this country useless with the citizens behaving like a flock of sheep without a shepherd
Re: Oil Price Sinks To Lowest Level In 16 Years by Yankee101: 12:01pm On Mar 20
Moukandjo:

"Paucity of cerebellum"... grin
I no know who send you grammar wey you no sabi just to seem intelligent, not knowing say person go catch your daftness...
Abeg boy, wetin "paucity of midbrain" or "paucity of pons" go con mean?
Una no go kill person for this country grin

What you don't know you don't know. I'll always illuminate your posts and antecedents

I pulled up your posts (all) using AI.

This is what I found out

1. Most common words
- Daft
- Idi0t
- MorO.n
- Sychophant
- APC
- PDP
-IPIGS

2. Your prognosis
- You insult people constantly
- You are seeking direct entry into university as at 2017. An agbaya confirmed
- You have extremely low self esteem issues
- You want to travel abroad but still can't
- You are one of those bush yoruba boys who went to school but not the reverse (I have yoruba affiliations, so I can insult you on this comfortably. You sound like those Akoko-Edo Bush folks)

I've seen your ynash. There's a quaranti
Re: Oil Price Sinks To Lowest Level In 16 Years by Moukandjo: 12:49pm On Mar 20
Yankee101:


What you don't know you don't know. I'll always illuminate your posts and antecedents

I pulled up your posts (all) using AI.

This is what I found out

1. Most common words
- Daft7
- Idi0t
- MorO.n
- Sychophant
- APC
- PDP
-IPIGS

2. Your prognosis
- You insult people constantly
- You are seeking direct entry into university as at 2017. An agbaya confirmed
- You have extremely low self esteem issues
- You want to travel abroad but still can't
- You are one of those bush yoruba boys who went to school but not the reverse (I have yoruba affiliations, so I can insult you on this comfortably. You sound like those Akoko-Edo Bush folks)

I've seen your ynash. There's a quaranti


Mr "Paucity of Cerebellum," I no understand the "what you don't know, you can never know" grin
I hope you're still not trying to claim your mor0nic "paucity of cerebellum" is correct when I've proven to you already with pictures that you're the only person daft enough in this world to use it? Abi Google dey lie again? grin
You really suppose apologize for that dumb statement....
Next time you go use simple grammar wey you sabi before another person catch you yarning dust again.
Paucity of cerebellum... grin grin

Re: Oil Price Sinks To Lowest Level In 16 Years by oyatz(m): 1:44pm On Mar 20
Shoes just like Yams, Cocoa, Palm Kernels or cotton produced in Nigeria can be exported through Ships and cargo planes to anywhere in the world.



Besides we are still importing shoes (including substandard and second hand shoes), so it's better to capture Nigerian markets first before exporting the shoes.




tensazangetsu20:

You talk about producing and trading but your own government closed the borders. Those closed borders continuously affects businesses in Nigeria. The shoe producers in Nigeria can't move their products out. Nigeria as a country does not take trade serious. Well oil is down to 23 dollars. Everyone go feel am Las Las.
Re: Oil Price Sinks To Lowest Level In 16 Years by oyatz(m): 1:51pm On Mar 20
The black people especially ,Nigerians don't do critical appraisal of their situation and they love to look for someone to blame.

On Nairaland Forum, most people blame the Government (especially the Federal Government) for the underdevelopment of Nigeria.


voltron14:



Unlike many, I don't do such conspiracies.

There is no government that does that, none whatsoever.

There are many positives from all governments in Nigeria but I insist, the Nigerians are too unimaginative to embrace the opportunities.

Even this thread speaks volume.

Notice how, as soon as I made it an economic discourse, the early dimwits abandoned the thread?

That is typical.

As soon as it requires effort and persistence many flee.

1 Like 1 Share

Re: Oil Price Sinks To Lowest Level In 16 Years by oyatz(m): 2:18pm On Mar 20
The electricity distribution has been privatized since 2013.


Every State should be allowed to generate, transmit and distribute electricity within their territories.
This is my own version of restructuring. the



jedisco:


Stop making excuses for ineptitude. This government is over 5 years but they're still pointing fingers.
Privatisation of some aspects of power generation was a step in the right direction. What I had expected this government to do is to build on that by mandating distribution companies to issue meters to customers much more earlier. After all, most were shedding power even when available as they preferred to use estimated billing and take in profits without doing much. What did the government do for all these years it's been going on? It's now they're trying to find a solution. Even if you claim they were sold to the wrong people, there are ample ways of mandating performance. Look at our refineries. Would you also blame their redundant state on the 'past government'?

Also, another way they could have built on past efforts was by privatising distribution (which the government still hold unto and has continued to run it down) and making it easier for states to produce and supply power locally. It's not rocket science. Keep this government for 20 years and they'd still look for who to blame
Re: Oil Price Sinks To Lowest Level In 16 Years by Yankee101: 2:18pm On Mar 20
Moukandjo:

Mr "Paucity of Cerebellum," I no understand the "what you don't know, you can never know" grin
I hope you're still not trying to claim your mor0nic "paucity of cerebellum" is correct when I've proven to you already with pictures that you're the only person daft enough in this world to use it? Abi Google dey lie again? grin
You really suppose apologize for that dumb statement....
Next time you go use simple grammar wey you sabi before another person catch you yarning dust again.
Paucity of cerebellum... grin grin

The dumb fraud supporting APC

I pulled up your posts (all) using AI.

This is what I found out

1. Most common words
- Daft
- Idi0t
- MorO.n
- Sychophant
- APC
- PDP
-IPIGS

2. Your prognosis
- You insult people constantly
- You are seeking direct entry into university as at 2017. An agbaya confirmed
- You have extremely low self esteem issues
- You want to travel abroad but still can't
- You are one of those bush yoruba boys who went to school but not the reverse (I have yoruba affiliations, so I can insult you on this comfortably. You sound like those Akoko-Edo Bush folks)

I've seen your ynash. There's a quarantiNE
Re: Oil Price Sinks To Lowest Level In 16 Years by tensazangetsu20(m): 2:26pm On Mar 20
oyatz:
Shoes just like Yams, Cocoa, Palm Kernels or cotton produced in Nigeria can be exported through Ships and cargo planes to anywhere in the world.



Besides we are still importing shoes (including substandard and second hand shoes), so it's better to capture Nigerian markets first before exporting the shoes.




Capture Nigerian market first shebi then how do you then earn the foreign currency you so desperately need. Crude oil is gone. This one go reach everybody.
Re: Oil Price Sinks To Lowest Level In 16 Years by oyatz(m): 2:54pm On Mar 20
It's not everybody that need Foreign currency sir.


If we can locally produce 95% of the petroleum products, rice ,textiles and clothing, tooth picks, safety matches, tyres and 70% of the medicine we consume in Nigeria, there will be significant drop in our demand for Forex and our exhange rate will be better. the



tensazangetsu20:

Capture Nigerian market first shebi then how do you then earn the foreign currency you so desperately need. Crude oil is gone. This one go reach everybody.
Re: Oil Price Sinks To Lowest Level In 16 Years by tensazangetsu20(m): 2:56pm On Mar 20
oyatz:
It's not everybody that need Foreign currency sir.


If we can locally produce 95% of the petroleum products, rice ,textiles and clothing, tooth picks, safety matches, tyres and 70% of the medicine we consume in Nigeria, there will be significant drop in our demand for Forex and our exhange rate will be better. the






Gutter economics. You don't need foreign currency. Don't worry the coming recession will also affect you too then you will need how important it is to earn foreign currency.
Re: Oil Price Sinks To Lowest Level In 16 Years by Moukandjo: 3:40pm On Mar 20
Yankee101:


The dumb fraud supporting APC

I pulled up your posts (all) using AI.

This is what I found out

1. Most common words
- Daft
- Idi0t
- MorO.n
- Sychophant
- APC
- PDP
-IPIGS

2. Your prognosis
- You insult people constantly
- You are seeking direct entry into university as at 2017. An agbaya confirmed
- You have extremely low self esteem issues
- You want to travel abroad but still can't
- You are one of those bush yoruba boys who went to school but not the reverse (I have yoruba affiliations, so I can insult you on this comfortably. You sound like those Akoko-Edo Bush folks)

I've seen your ynash. There's a quarantiNE

Mr "Paucity of cerebellum".... grin
Only you one for this whole world according to Google dey daft enough to talk "paucity of cerebellum "... grin
Abeg, when them catch you say na trash you talk, how you feel? No dey speak grammar wey you no sabi grin

Re: Oil Price Sinks To Lowest Level In 16 Years by Yankee101: 3:49pm On Mar 20
Moukandjo:

Mr "Paucity of cerebellum".... grin
Only you one for this whole world according to Google dey daft enough to talk "paucity of cerebellum "... grin
Abeg, when them catch you say na trash you talk, how you feel? No dey speak grammar wey you no sabi grin

Up your vocabulary. Look up concatenation.

I pulled up your posts (all) using AI.

This is what I found out

1. Most common words
- Daft
- Idi0t
- MorO.n
- Sychophant
- APC
- PDP
-IPIGS

2. Your prognosis
- You insult people constantly
- You are seeking direct entry into university as at 2017. An agbaya confirmed
- You have extremely low self esteem issues
- You want to travel abroad but still can't
- You are one of those bush yoruba boys who went to school but not the reverse (I have yoruba affiliations, so I can insult you on this comfortably. You sound like those Akoko-Edo Bush folks)

I've seen your ynash. There's a quarantiNE
Re: Oil Price Sinks To Lowest Level In 16 Years by oyatz(m): 4:04pm On Mar 20
Earning Foreign currency on it's own will not supply us food, textiles, ceremic tiles, cement, petrol, tyres, medicines, fertilizers, shoes, bags, drinks etc.


If we can produce 70% of the qualities of these products that we need, there will be no need to be looking for Dollars to import them.

Importation of virtually everything is the main reason why our currency is very weak.




tensazangetsu20:


Gutter economics. You don't need foreign currency. Don't worry the coming recession will also affect you too then you will need how important it is to earn foreign currency.
Re: Oil Price Sinks To Lowest Level In 16 Years by oyatz(m): 4:15pm On Mar 20
Hi Bros,
I like your analysis (not the tribal bashing parts though).
Can you please use AI to tell me the most common words I use on my posts (I like to know).
Thanks.



Yankee101:


Up your vocabulary. Look up concatenation.

I pulled up your posts (all) using AI.

This is what I found out

1. Most common words
- Daft
- Idi0t
- MorO.n
- Sychophant
- APC
- PDP
-IPIGS

2. Your prognosis
- You insult people constantly
- You are seeking direct entry into university as at 2017. An agbaya confirmed
- You have extremely low self esteem issues
- You want to travel abroad but still can't
- You are one of those bush yoruba boys who went to school but not the reverse (I have yoruba affiliations, so I can insult you on this comfortably. You sound like those Akoko-Edo Bush folks)

I've seen your ynash. There's a quarantiNE

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