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Nairaland Forum / Nairaland / General / Politics / Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria (32024 Views)
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Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by Seniorwriter(m): 7:59am On Apr 19, 2021 |
Dy Dx |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by chuose2: 7:59am On Apr 19, 2021 |
The fact we have a terrorist govt will also make people run 2 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by iwaeda: 8:02am On Apr 19, 2021 |
NigeriaIsDoomed: Bad policies by inept government! 2 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by directonpc(m): 8:02am On Apr 19, 2021 |
helinues:And that equals to prosperity for the hardworking Nigerian? |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by qanda: 8:03am On Apr 19, 2021 |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by TOPCRUISE(m): 8:03am On Apr 19, 2021 |
Foreign investors are now leaving. New ones are not coming because they are scared of the anti-democratic principles of the government. When Twitter was planning to come to Nigeria, by using the ENDSARS Protest as a litmus test to verify the country's democracy he was shouted down by APC's spokesman Adamu Garba and threatened with court summons for supporting the people's right to protest. Niger Delta Republic, Oduduwa Republic, Biafra. This is the time to declare your sovereignty before Buhari finishes you in the last quarter of his tenure as president. 4 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by lekki1444: 8:04am On Apr 19, 2021 |
helinues:exactly. well said. local investors are now drilling the oil themselves. i know of a guy. this is his company . he pulls out 55000 barrels of oil a day from the ground. nigerian guy http://www.shorelinenaturalresources.com/new/ 1 Like |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by Nobody: 8:04am On Apr 19, 2021 |
Basically, the way forward is simple. But because it hits Nigerians in the pocket, neither government nor the people want to follow it. |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by loswhite(m): 8:04am On Apr 19, 2021 |
helinues:Like the local investors that invested in power....mad citizens 4 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by iwaeda: 8:04am On Apr 19, 2021 |
helinues: Which local investors can survive all these lack of coordination, high cost of doing business. See how unemployment is on the rise. Even Nigerians are taking their money to Gambia, Ghana and Ivory Coasts. |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by thundafire: 8:06am On Apr 19, 2021 |
owobokiri:so who are u blaming the oil companies or daft president |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by ratiken(m): 8:06am On Apr 19, 2021 |
helinues: You guys are irredeemable. Even with the country on its knees, you will still spill trash for peanuts... very unpatriotic lot 3 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by lekki1444: 8:07am On Apr 19, 2021 |
iwaeda:here is a local investor making big waves in drilling oil http://www.shorelinenaturalresources.com/new/ |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by ArticleBeast: 8:07am On Apr 19, 2021 |
helinues:Be fooling yourself. The same local investors that will be frustrated by thieves in Babariga. You should do more reading, you don't seem enlightened for someone your age. 2 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by Ikem11(m): 8:09am On Apr 19, 2021 |
helinues: HOW foolish you sound You better go find who took your senses |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by Mokason288(m): 8:10am On Apr 19, 2021 |
MrGoood:Wait for it Lai Mohammed will soon come up that END SARS PROTESTS caused it and ZOMBIES will fall for it as usual 2 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by Aboguede(m): 8:10am On Apr 19, 2021 |
I think Nigeria is going in the right direction the only problem is that we have eaten almost all pur stock so we are finding it hard to work. I am proud igbo and I believe government is always the same. There has not been a different government in Nigeria since inception nor any where in the world. Take away sentiment for a moment and think like a modern human. God bless Nteje God bless Anambra God bless Nigeria 1 Like |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by kuntash: 8:10am On Apr 19, 2021 |
helinues: with this kind of post, I think I now understand why sometimes some Nairaland members pour out so much insults or curses ... its quite unfortunate someone still reasons this way today ! 2 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by fc450(m): 8:11am On Apr 19, 2021 |
Daum:this is just the beginning for him and those that voted the lifeless into power 3 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by nomenclature(m): 8:12am On Apr 19, 2021 |
Mumu of the century helinues: 3 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by PrinceofHCI(m): 8:12am On Apr 19, 2021 |
orikoku:Your God given inspiration will never sieze, for this your submission! 2 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by lekki1444: 8:14am On Apr 19, 2021 |
however the bigger picture is that america never used to drill its own environments for oil but now it has started drilling its own environment for oil and so they no longer need to get oil from nigeria and couple that with the fact that the biggest oil refinery in the world is being built in nigeria and will be functional this year so it is no longer viable for them to be here anymore. the new emerging superpower is nigeria and in the future all countries will bring their oil to nigeria to be refined. there is a transfer of global wealth happening and a reversal of fortunes. africa is emerging and so it is no longer viable for the west to be in africa again. its cheaper for them to look for oil in their own backyard now. Also many local nigerians are taking over the drilling game in nigeria and so the competition is stiff. couple that with the fact that the use of oil is now being seing as a dinosaur when other energy avenues are cropping up everyday |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by CocoaOla: 8:14am On Apr 19, 2021 |
Naira was more stronger than all this country two years ago NIGERIAN NAIRA FAST BECOMING THE WEAKEST CURRENCY IN AFRICA.*... South Africa: Rand 1= ₦79 Angola: 1Kwanza = ₦12 Botswana: 1Pula = ₦28 Cape Verde: 1Escudo = ₦8 Algeria: 1Dinar = ₦12 Egypt: 1Pound = ₦35 Eritrea: 1Nakata = ₦18 Ethiopia: 1Birr = ₦19 Ghana: 1Cedi
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Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by Elsueno: 8:14am On Apr 19, 2021 |
Insecurity? Those in government think it doesn't matter as long as it doesn't affect them much, after all they are moving with armed security. But they forget something very important, those people being kidnapped, maimed & robbed are the ones paying the taxes the elites use to enjoy life. Life is no 1 priority to everyone, if can't make them feel safe, they take their money elsewhere & the government ends up being broke. 2 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by Lomprico2: 8:15am On Apr 19, 2021 |
helinues: see dem, praises of failure. 2 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by RichAbujaGuy: 8:16am On Apr 19, 2021 |
The off-shore refinery scam is coming to an end. I can't rap my mind around how Naija politicians/leaders allowed this skulduggery to gone on for decades. May we all live long enough to see the end of the corrupt NNCP, and Naija fully profit from her natural resources for a while. |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by Daddyvibez(m): 8:17am On Apr 19, 2021 |
helinues:You think say you wise |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by Masterkernel1: 8:18am On Apr 19, 2021 |
helinues: The school that graduated you don't deserve to be a higher institution, you aren't concerned about the effects on our economy you're still nitted with opposition. 4 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by dam4sam: 8:18am On Apr 19, 2021 |
EKONGKING: Apart from diversification, these Companies know, just as we all know but pretend not to know, that Nigeria is sitting on a lighted Grenade, inside a Keg of Gun-powder. This country can conflagrate at any moment. When the Companies see the Govt of the country they are operating in, using Fighter Jets to bomb its own Civilians in Akwa Ibom, Ebonyi and other places, when it sees how Fulani terrorists are running rampage, even Nigerians themselves are desperate to leave this country, and you dont want foreign countries to stay? 4 Likes |
Re: Why Shell, Chevron, Other Oil Majors Are Leaving Nigeria by COMPAQ(m): 8:19am On Apr 19, 2021 |
owobokiri: The oil companies sell their stake in the development of those oil blocks. If over 30 years I have contributed my 40% equity cash call then I am entitled to sell same equity to another company if I choose to move on. Oil is the mainstay of our economy, yet most Nigerians have no real clue how the industry operates. 5 Likes |
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