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Nairaland Forum / Nairaland / General / Business / Global Lockdown Crashes Oil Price (25448 Views)
Oil Price Falls To Three-week Low On Planned OPEC, Russia Output Hike / Crude Oil Price Rises To $74, Highest In Four Years / Oil Price Inches Towards $70, 44% Above Benchmark (2) (3) (4)
Re: Global Lockdown Crashes Oil Price by mrZENographer: 8:26am On Mar 24, 2020 |
Do you know? POPE FRANCIS HAS BEEN PUSHING FOR THE ONE WORLD GOVERNMENT AND RELIGON. https://www.charismanews.com/opinion/58963-12-times-pope-francis-has-openly-promoted-a-one-world-religion-or-a-new-world-order https://cruxnow.com/vatican/2020/03/a-united-humanity-will-rise-from-pandemic-stricken-world-pope-says/amp/ https://www.youtube.com/watch?v=07dPzM5q43c Jesus is coming SOON!!! Great calamity and Soul-slavery is coming upon the world SOON from the FALSE man of Peace and his False prophet. Revelation 19:20, Revelation 13:16 Matthew 24:21 PLEASE STUDY YOUR BIBLE NOW 1 Like |
Re: Global Lockdown Crashes Oil Price by Timular: 8:27am On Mar 24, 2020 |
Truly we are now living in the last days or end time as Bible says. It's only God's kingdom that will solve these problems 1 Like |
Re: Global Lockdown Crashes Oil Price by Sammy07: 8:28am On Mar 24, 2020 |
vertueptime: To you forestry students |
Re: Global Lockdown Crashes Oil Price by madjune(m): 8:28am On Mar 24, 2020 |
Gas price in Nigeria should be lower than anything. It has fallen globally. Nigerian marketers will always look for ways to make profit. 1 Like |
Re: Global Lockdown Crashes Oil Price by PrimadonnaO(f): 8:29am On Mar 24, 2020 |
My friend has gone for an interview. What if I tell her not to enter my house... that she should go get quarantined for 14days somewhere else? |
Re: Global Lockdown Crashes Oil Price by luminouz(m): 8:29am On Mar 24, 2020 |
Tofax:Shatap....who brought the agricultural revolution if not buhari? You lots are so myopic in reasoning. There is crude oil in the North and there is oil money in the south. Who dafuq told you buhari has all the degrees? |
Re: Global Lockdown Crashes Oil Price by Nobody: 8:31am On Mar 24, 2020 |
Sammy07: No bro, you got it all wrong. The world knows that there is need to move and live beyond oil hence there is diversification but bihari won't hear that. He is busy spending billions looking for oil in the north. Of course you know what holds nigeria together is not love for each other but love for oil money. So now oil is not selling well, what next? The other day they announced with joy that they have found oil in the north, that's where his attention is. 2 Likes |
Re: Global Lockdown Crashes Oil Price by Sammy07: 8:33am On Mar 24, 2020 |
9jaDoomCountry: Yes I know, he was wrong in that aspect. If we wants to diversify, we should diversify into Producing nation and we should use our mineral resources for ourselves. Our agricultural products ain't making sales. 1 Like |
Re: Global Lockdown Crashes Oil Price by Olusola147(m): 8:34am On Mar 24, 2020 |
Nigerians make una hustle up! |
Re: Global Lockdown Crashes Oil Price by Mizwisdom(f): 8:50am On Mar 24, 2020 |
World wide recession loading. Nigeria can't afford to be locked down but silly people will always want to mimic things going on in foreign land |
Re: Global Lockdown Crashes Oil Price by adakoleagbenu: 8:51am On Mar 24, 2020 |
Truthbites & Sammy07 making sense. Agriculture for export may not necessarily yield mega money, but we need to produce very well for our consumption first. how can we spend billions importing tomato, matches, lighters, toothpick, okro, milk palm oil, groundnut oil etc. we also cannot neglect d mineral resources too. Nigeria is blessed with gold, ruby, mica, coal, bitumen, etc and our refineries not working is a deliberate plan by the government. 2 Likes |
Re: Global Lockdown Crashes Oil Price by adakoleagbenu: 8:54am On Mar 24, 2020 |
buhari spent billions of dollars looking for oil in the north. imagine if he had f.uck.ing used that money to at least rehabilitate just one of the refineries |
Re: Global Lockdown Crashes Oil Price by hargbolahan01: 8:56am On Mar 24, 2020 |
Sammy07:as a finance expert I need your advice on something I'm planning to go into tomato farming at the end of the month but I'm thinking twice because lockdown and economic instability caused by corona virus should I go on or stop for now |
Re: Global Lockdown Crashes Oil Price by Nobody: 8:58am On Mar 24, 2020 |
Pmedia7787: Nigerians. Nigerians are the problem with Nigeria. If you pack all of us on paid leave to the Bahamas and bring in 200 million Malaysians, Japanese, or Europeans to take over the existing structures as is, you will see the heaven they will make out of Nigeria in just one year. 1 Like 1 Share |
Re: Global Lockdown Crashes Oil Price by hargbolahan01: 8:58am On Mar 24, 2020 |
Mizwisdom:then we should continue importing covid 19.....if the number of cases rise to 64k in one month like italy.... where is health facility that care for them in Nigeria? |
Re: Global Lockdown Crashes Oil Price by Sammy07: 8:59am On Mar 24, 2020 |
hargbolahan01: I'll advice you to go.. If you have the capital. The coronavirus of a thing will disappear in few weeks or months.. B4 then, your tomatoes would have germinate and grow. There will be demand for it. 1 Like |
Re: Global Lockdown Crashes Oil Price by Sammy07: 9:01am On Mar 24, 2020 |
adakoleagbenu: gbayi bro√ |
Re: Global Lockdown Crashes Oil Price by PHijo(m): 9:04am On Mar 24, 2020 |
Great development! $10 will be a very nice price. |
Re: Global Lockdown Crashes Oil Price by Mizwisdom(f): 9:06am On Mar 24, 2020 |
hargbolahan01: See, even if earthquake occurs today, you will still see Nigerians selling their wares. Why, you may ask, because a good number of people survive from daily earnings, for such people not going out means they might not eat that day or what they will eat won't be more than N100 for the entire day. When govt ask for total lockdown will they give people stipends to buy food and drugs or how do you people expect such people to survive? 1 Like |
Re: Global Lockdown Crashes Oil Price by Biodun1929(m): 9:07am On Mar 24, 2020 |
iLegendd: Lol |
Re: Global Lockdown Crashes Oil Price by somi: 9:09am On Mar 24, 2020 |
Unemployed and country about to shut down How do I stock up food well any help from anyone will be highly appreciated Ecobank plc 013068372 |
Re: Global Lockdown Crashes Oil Price by swanky500(m): 9:14am On Mar 24, 2020 |
segebase: What does this mean?? � |
Re: Global Lockdown Crashes Oil Price by Nobody: 9:15am On Mar 24, 2020 |
Sammy07: There's one thing man cannot do without, consumables. If our agricultural products are not making sales, it's because it's not enough or not well packaged. It's because there's no investment in it. It's because there's no enough encouragement to private participation. Before Jonathan, government controlled the price and sales of fertilizer and there were middle men. These middle men were not farmers but they were given license to buy from the government and sell to farmers just to enrich some few individuals. That was state sponsored corruption. Now these individuals add a criminal percent as a mark up for doing nothing o. By the time it gets to the farmers, they are bleeding already which will in turn reflect on the price of the farm produce. Jonathan came, dismantled that structure. Created a system whereby fertilizer is accessible to every farmer in the 774 local government areas of the country at the government price. The only thing you spend extra is four naira with which you text your payment slip number to the local government. In less than sixty seconds, a code number will be sent back to you and you use it to proceed for collection. The releasing unit does not touch your money. Farmers had direct access to fertilizer but nigerians don't like stuff like this, bihari government came in and middle men came back and here we are. 3 Likes |
Re: Global Lockdown Crashes Oil Price by CyberWolf: 9:16am On Mar 24, 2020 |
The rest of the year go rugged oo. I see USD hitting 430-450 very soon. |
Re: Global Lockdown Crashes Oil Price by PHijo(m): 9:17am On Mar 24, 2020 |
Sammy07: There is a lot that could have been done! It is this same attitude in 2015/2016 that led to this! Why is Nigeria the most vulnerable oil producing country on earth? She has been producing since 1956. Norway just started in 1971 and got her acts together . All the things Buhari failed to do in 2016 led to this. His target has been diversification of Nigeria's crude oil revenue not diversification of Nigeria's revenue stream. Any observer would have noticed what happened as we lost one of our most important clients, the USA. Today they are a net exporter, competing with Nigerian oil for market share. If Nigeria tried to increase domestic consumption and develop non-oil streams things would have been quite different. Buhari and people in his government are fixated with USD revenues. What we need is revenues. They don't necessarily have to be USD revenues. It is not as difficult as these men make it look. If there was a way, labour unions should be disbanded. They've caused more harm than good in Nigeria. |
Re: Global Lockdown Crashes Oil Price by truthstands01: 9:36am On Mar 24, 2020 |
Now that the politicians failed to fix the hospitals and there's ban on travel, if they contact Corona virus, where will they go for treatment? E don set. |
Re: Global Lockdown Crashes Oil Price by Acidosis(m): 9:54am On Mar 24, 2020 |
Tofax: Seriously, this is the most stup;d things Buhari did in his first tenure. |
Re: Global Lockdown Crashes Oil Price by MrGerald(m): 11:14am On Mar 24, 2020 |
kings59:Yee but if this trend continue it might be hard for you to buy it at that #1500 |
Re: Global Lockdown Crashes Oil Price by vertueptime: 3:13pm On Mar 24, 2020 |
Re: Global Lockdown Crashes Oil Price by Growing(m): 8:48pm On Mar 24, 2020 |
I feel the global shutdown is already in place. I hope it doesn't get to global financial collapse. |
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