Niger delta is the only hope of Nigeria, it's the only candle burning in Nigeria, if not for Niger delta, Nigeria would have been gone by now.
God bless Niger delta.
God bless gov obaseki
God bless gov wike
God bless gov udom Emmanuel
God bless akwa ibom state
God bless rivers state
God bless the United States of Niger delta

IpobAntidote:
Broke ass country.

This is one of the reasons why you have so many poor people in the country coupled with mismanagement and corruption on all levels.

For a country of 200 MILLION people, this is NOTHING. The city of NY alone makes more than this in each quarter of the year.

200B divided by 200m = 1k usd each. However, children are 100m while adults are 100m means each adult in Nigeria should get 2kUSD each. Again, this 200B came from Ipob land alone, we no put arewa and oduduwa land unless, they dont contribute anything.

ethicallyright:


OPEC was formed neither to regulate oil prices nor safeguard the interest of oil producing States. The US dollars remains the world currency today because it is backed by oil. For you to buy from an OPEC member, you must pay with the United States of Dollars. This follows that if there is no OPEC , China can buy Oil from Saudi Arabia with their currency and whenever Saudi Arabia wants to import from China , it will make use of the Chinese currency . The major foundation of OPEC is the US Dollars.

Until the 40s the British Pounds , Euros and other major currencies of this world were backed by the value of gold. When OPEC was formed, the price of dollars became backed by the price of crude oil. For this reason, the Middle East which hosts the bulk of Earth's petroleum energy has known no rest because anything that happens there determines the global spread of the American dollars.

Any country that leaves OPEC automatically becomes an enemy of America because CHINA will use that opportunity to purchase the Country's oil with the CHINESE currency.

And wat has being a member of OPEC affordable Nigeria other than low prices for a scarce commodity, the only reason I want Nigeria to remain in OPEC is because there's strength in numbers and if Nigeria leaves the OPEC they can easily punish us by driving the Prices of oil even lower than wat we sell, forcing countries to overlook our oil for cheaper ones in d oil market, apart from that being in OPEC isnt helping matters for nigeria, Leaving OPEC is like Brexit, it would be painful at the short term but it would be a long term solution to nigeria's problem as this mite increase the possibilty of naira gaininig unimaginable value against the so called US dollar and even get to d poimt of fighting the EURO but is would be a painful, slow, heart breaking process which nigerians need to be decisive and brace up for impact and be ready to count their losses for a short while but it would favourably be in our favour 20-30yrs to come, i knw the other card they would certainly play is the phasing out of petrol and use of electric cars and greener energy which is y leaving d OPEC is a dangerous game to playa

I am coming

saaron:
Yet Nigeria became the poverty capital of the world.
You got to give it to buhari's regime, the only regime in the world that specializes in creating poverty and hunger within a short period of time. Make buhari president of America today and watch him make America poverty capital of the universe within few years.
It's not about lack of resources that is his problem, it's the ability to creatively manage the little resources and turn it into wealth that is his problem. Besides, a jihadist and sharia fanatic obsessed with FULANIZATION can never be expected make great financial decisions talk more of creating wealth.

Buhari fits perfectly with the parable of the pound (Luke 19:11) - about three men who were given monies to invest and trade by their master. But one of them instead hid his money in the ground and refused to trade for return on investment. In the end, the little money given to him to invest was taken away, thus leaving him in abject poverty.
Buhari is that man that hid his money in the ground. He's devoid of investment skills and technical know how of wealth creation using little resources.
Is it by accident that Nigeria became the poverty capital of the world under buhari's regime? Is it any surprise that the little resources Nigeria has at the moment is being used to service the country's huge debts profile made worse by this regime?
Indeed, a man can't give what doesn't have.

ONE NIGERIA DOES NOT EXIST!

Just the way PDP managed the humongous earnings from Oil to turn Nigeria to a poverty free country in their own time

Artiiclebeast:
The evil bloodsuckers swallow the money.

Why OPEC no ask for our account numbers? At least each citizen for get at least $1k to do whatever dem like with am.

Na God go punish all the demons setting our country back or stagnant.

how can each citizen get $1000 when we earn less that $300 per citizen in a year? And that's before we pay cost of production, IOC profit share and staff salaries.

it's your types that make them abuse our educational system.

SmartProf:
Yet the govt. is still collecting loans here and there...they will even tell you they have an economic team...we are just messed up.

Your mumu never do, a country of 2 million citizen UAE ith lower cost per barrel, earned more than Nigeria with 200 million peopl from Oil, and youa re asking for the money. Can the money even feed the country alone, if nothing else is done?

Why are we cursed to believe oil money alone can give us what we need?

omenka:
How do you mean? Care to expatiate?

That figure listed is our total sales value, we must pay the International oil companies production share, cost of drilling materials, equipment maintenance cost, staff salaries, expertriate allowances, Insurance, security fees etc, before any money gets to the government account.

From the $57bn peak, we'd be lucky to get $25bn or $125 per Nigerian in a whole year

that is less than 190 naira per day per person.

Opexzy:
$206 billion is a lot of money. Ask the government to show us what they did with the money and you will start hearing stories of how previous government earned more and did nothing.

How long are we going to continue in this loop.
Nigeria matter tire me oooo.

that money $206bn is not even enough every year to get us to where we need to be , but this all we earned from almighty crude oil in 5 years and we still don't understand there is fire on the mountain? And we should even if it's to scratch the ground with our fingers and plant something or make shoes or sandals, or spoon that we can sell to the outside world to survive.

Somebody is still asking for his share of this money, less that $200 each year o, that can't last many for a month.

This what constitutes about 90% of what 200 million sells to the world, while the rest of the world grows our rice, make our shoes, clothes, TV, phones, refrigerator, tyre, bicycle, toothpick, fruit juice, tomatoes, potatoes even now our garri, and we are wondering why there is so much poverty and violence in the land.

Is this what they call cognitive dissonance?

IpobAntidote:
Broke ass country.

This is one of the reasons why you have so many poor people in the country coupled with mismanagement and corruption on all levels.

For a country of 200 MILLION people, this is NOTHING. The city of NY alone makes more than this in each quarter of the year.

They can never understand what you are saying, maybe due to poor education and minds already clouded by poor information.

they want live like Hushpuppi on top less than $200 person, forgetting that his per night bill of $10,000 in Dubai is what is earned for 500 Nigerians from oil in a whole year.

omenka:
This country is dirt poor! This is less than 20% US annual defence budget.

Notwithstanding, if only we have sincere leaders, from the top to bottom, and they make judicious use of our earnings, we would be a world apart from where we currently are in terms of socioeconomic development.

Coupled with the fact Baba's anticorruption crusade has been bastardized.

Pathetic!

Keep comparing America with Nigeria

Nigeria just needs to be colonized

omenka:
This country is dirt poor! This is less than 20% US annual defence budget.

Notwithstanding, if only we have sincere leaders, from the top to bottom, and they make judicious use of our earnings, we would be a world apart from where we currently are in terms of socioeconomic development.

Coupled with the fact Baba's anticorruption crusade has been bastardized.

Pathetic!

Nigerians don't know that Nigeria is poor. They only focus on the figures. Saudi Arabia with a population of 30 million is making 4times what we are making from oil.

Ovamboland:


how can each citizen get $1000 when we earn less that $300 per citizen in a year? And that's before we pay cost of production, IOC profit share and staff salaries.

it's your types that make them abuse our educational system.

And you are so jobless to bring out your phone, sit down, click quote on my comment, and begin to type the above?

Na God go punish all our evil leaders for wetin dem turn this country and our youths to.

saaron:
Yet Nigeria became the poverty capital of the world.
You got to give it to buhari's regime, the only regime in the world that specializes in creating poverty and hunger within a short period of time. Make buhari president of America today and watch him make America poverty capital of the universe within few years.
It's not about lack of resources that is his problem, it's the ability to creatively manage the little resources and turn it into wealth that is his problem. Besides, a jihadist and sharia fanatic obsessed with FULANIZATION can never be expected make great financial decisions talk more of creating wealth.

Buhari fits perfectly with the parable of the pound (Luke 19:11) - about three men who were given monies to invest and trade by their master. But one of them instead hid his money in the ground and refused to trade for return on investment. In the end, the little money given to him to invest was taken away, thus leaving him in abject poverty.
Buhari is that man that hid his money in the ground. He's devoid of investment skills and technical know how of wealth creation using little resources.
Is it by accident that Nigeria became the poverty capital of the world under buhari's regime? Is it any surprise that the little resources Nigeria has at the moment is being used to service the country's huge debts profile made worse by this regime?
Indeed, a man can't give what doesn't have.

ONE NIGERIA DOES NOT EXIST!

$200 billions over five years for a country with a population of 200 million.

The question is how did Nigeria avoid not being poorest country in the world much earlier?

with this much earnings, why is bubu still borrowing? is there something he is not telling us

showafrica:


200B divided by 200m = 1k usd each. However, children are 100m while adults are 100m means each adult in Nigeria should get 2kUSD each. Again, this 200B came from Ipob land alone, we no put arewa and oduduwa land unless, they dont contribute anything.

2KUSD over five years works out to be 91 cent for every Nigerian, that is less than a dollar a day.

sulaak:


2KUSD over five years works out to be 91 cent for every Nigerian, that is less than a dollar a day.

So what are we talking about? Why still exist as a a nation when fx is less than 1$ per head annually.

Igbochief001:

Nigeria gets 55% of oil earnings oil company get the rest

And government gets 50-85% of the profit of oil companies as tax. So technically, they still got the bulk of the money.

Where is the money now? Why is buhari's administration still borrowing? Why is Nigeria the capital poverty of the world when such money enter this nation yearly?

Stop making excuses for failure please.

The truth is that the politicians are the problem of Nigeria starting from Babangida, Abacha, Good luck, Obasanjo, buhari down to your senators, reps, governors and locla government chairmen.

They rape the nation dry and some of you who have never seen 1 million naira all their lives are defending them.

Whoever cursed Nigerians with being docile in the face of death did the charm well.

Weldone!!


On the other hand, the nation will keep slipping into abject poverty if we as a nation refuse to industrialize.

What is our GDP per year? Almost nothing

No production or creative services for major bulk export.

[color=#006600][/color]

saaron:
Yet Nigeria became the poverty capital of the world.
You got to give it to buhari's regime, the only regime in the world that specializes in creating poverty and hunger within a short period of time. Make buhari president of America today and watch him make America poverty capital of the universe within few years.
It's not about lack of resources that is his problem, it's the ability to creatively manage the little resources and turn it into wealth that is his problem. Besides, a jihadist and sharia fanatic obsessed with FULANIZATION can never be expected make great financial decisions talk more of creating wealth.

Buhari fits perfectly with the parable of the pound (Luke 19:11) - about three men who were given monies to invest and trade by their master. But one of them instead hid his money in the ground and refused to trade for return on investment. In the end, the little money given to him to invest was taken away, thus leaving him in abject poverty.
Buhari is that man that hid his money in the ground. He's devoid of investment skills and technical know how of wealth creation using little resources.
Is it by accident that Nigeria became the poverty capital of the world under buhari's regime? Is it any surprise that the little resources Nigeria has at the moment is being used to service the country's huge debts profile made worse by this regime?
Indeed, a man can't give what doesn't have.

ONE NIGERIA DOES NOT EXIST!

I only want to appreciate you for this sincere comment. God bless you.

Nigeria's biggest issue.

So after all the oil talk all that has been amassed from FIVE years is not even near a quarter of a trillion?

That is in a country where people are lazy, they don't want to grow other industries to grow the national GDP and they steal.

Then you have 200 million people, most of which want everything free and paid for.

How?

Artiiclebeast:
The evil bloodsuckers swallow the money.

Why OPEC no ask for our account numbers? At least each citizen for get at least $1k to do whatever dem like with am.

Na God go punish all the demons setting our country back or stagnant.

At least 40% or 55% of it went to oil companies and of the balance Fg gets 52%,states 25% and local governments 20%.At the end what came to the FG was not more than $60b which came to an average of $12b a year.

saaron:
Yet Nigeria became the poverty capital of the world.
You got to give it to buhari's regime, the only regime in the world that specializes in creating poverty and hunger within a short period of time. Make buhari president of America today and watch him make America poverty capital of the universe within few years.
It's not about lack of resources that is his problem, it's the ability to creatively manage the little resources and turn it into wealth that is his problem. Besides, a jihadist and sharia fanatic obsessed with FULANIZATION can never be expected make great financial decisions talk more of creating wealth.

Buhari fits perfectly with the parable of the pound (Luke 19:11) - about three men who were given monies to invest and trade by their master. But one of them instead hid his money in the ground and refused to trade for return on investment. In the end, the little money given to him to invest was taken away, thus leaving him in abject poverty.
Buhari is that man that hid his money in the ground. He's devoid of investment skills and technical know how of wealth creation using little resources.
Is it by accident that Nigeria became the poverty capital of the world under buhari's regime? Is it any surprise that the little resources Nigeria has at the moment is being used to service the country's huge debts profile made worse by this regime?
Indeed, a man can't give what doesn't have.

ONE NIGERIA DOES NOT EXIST!

but Nigeria was number two country with high rate of poverty when he came in (so with the almighty people we had before he came took us there with the nonsense they left is for him to perform magic abi) talking as if we were in number 100 before...abeg thank God for your life that you are not poor

saaron:
Yet Nigeria became the poverty capital of the world.
You got to give it to buhari's regime, the only regime in the world that specializes in creating poverty and hunger within a short period of time. Make buhari president of America today and watch him make America poverty capital of the universe within few years.
It's not about lack of resources that is his problem, it's the ability to creatively manage the little resources and turn it into wealth that is his problem. Besides, a jihadist and sharia fanatic obsessed with FULANIZATION can never be expected make great financial decisions talk more of creating wealth.

Buhari fits perfectly with the parable of the pound (Luke 19:11) - about three men who were given monies to invest and trade by their master. But one of them instead hid his money in the ground and refused to trade for return on investment. In the end, the little money given to him to invest was taken away, thus leaving him in abject poverty.
Buhari is that man that hid his money in the ground. He's devoid of investment skills and technical know how of wealth creation using little resources.
Is it by accident that Nigeria became the poverty capital of the world under buhari's regime? Is it any surprise that the little resources Nigeria has at the moment is being used to service the country's huge debts profile made worse by this regime?
Indeed, a man can't give what doesn't have.

ONE NIGERIA DOES NOT EXIST!

Have you seen what we earned between 2007 and 2014

techmo:




2023 on my mind... Fulani don show us the way. Las Las their choping billions no fit pass 8 years

Let Ipobians either fight for PDP Presidential tickets or let them support another Fulani.. 2023 APC must field ACN candidate after CPC 8years

And to dunce who still don't get it, $206 billion was made by NNPC and Oil Company (60% NNPC 40% Oil Companies)

FG, 36 states and 774 local government shared $118bn while Ned Nwoko, Dantata , Indimi and other oil company owners shared $82 billion

.

Oga, this is 2020. Chill.

[size=8pt][/size] imagine naija without oil. somalia will bebetter than naija

techmo:




2023 on my mind... Fulani don show us the way. Las Las their choping billions no fit pass 8 years

Let Ipobians either fight for PDP Presidential tickets or let them support another Fulani.. 2023 APC must field ACN candidate after CPC 8years

And to dunce who still don't get it, $206 billion was made by NNPC and Oil Company (60% NNPC 40% Oil Companies)

FG, 36 states and 774 local government shared $118bn while Ned Nwoko, Dantata , Indimi and other oil company owners shared $82 billion

.

mumu , this is the type of reasoning that made you support buhari till now without anything to show for,does your life or well-being not matter to you
That should be your basis of supporting anybody
Your life matters too

All these funds are in the pockets of the same people that are clamouring for the fight against corruption

IpobAntidote:
Broke ass country.

This is one of the reasons why you have so many poor people in the country coupled with mismanagement and corruption on all levels.

For a country of 200 MILLION people, this is NOTHING. The city of NY alone makes more than this in each quarter of the year.

youre correct..

.

omenka:
This country is dirt poor! This is less than 20% US annual defence budget.

Notwithstanding, if only we have sincere leaders, from the top to bottom, and they make judicious use of our earnings, we would be a world apart from where we currently are in terms of socioeconomic development.

Coupled with the fact Baba's anticorruption crusade has been bastardized.

Pathetic!

This is what i tell people, but will say we are not poor. They talk about rich politicians.

These politicians that embezzle the little money we have.

SenecaTheYonger:


But we are not the US and we do not need to have that kind of budget for our military. We are also not as many as USA. So I believe 200 billion is a lot of money for a third world country if properly utilized.

Absolute rubbish.

200 billion dollars over 4 years (ie 40 billion a year) for a 200 million population is PEANUTS, and will not get you out of underdevelopment even without corruption.

Our number one challenge is to raise national earnings through diversification away from oil and gas.

Nigeria's annual budget is 35 billion dollars.

By contrast, South Africa's is 125 billion.

UK, 849 billion

USA....... 6.1 TRILLION dollars.

We are nowhere near as rich as we think we are.