I couldn't have imagined

Even the 2.1% is questionable

Even wen it was in enormous quantity what difference did it make? The reserve had better run out as a matter of urgency.

FarahAideed:
I couldn't have imagined

Source

Well what you should understand is that Nigeria has more of sweet crude oil or Brent crude oil

Only West Texas WTI can even try to compete favourably and it can't...

As much as US has crude they don't joke with Nigerian and Libyan Brent crude oil



.

So we are expecting nigeria oil to dry up in the next 297years to come... The world will end by then.

imagine a nigeria without oil

The report is merely indicating that Nigeria should spend more money on exploration

I wish the crude dries up, let's see if Nigeria won't survive

So called Niger Deltans how far?

Maybe that's why Buhari requested 30% to search for oil in the North while giving only 3% to Niger Delta. So our oyel is finishing

BKayy:
So called Niger Deltans how far?

According to wordometer, the reserve will last for atleast 237years... thats a long way to go.

htdot:

According to wordometer, the reserve will last for atleast 237years... thats a long way to go.

I hope you know there is still coal in Enugu as we speak?
But guess what? No one cares anymore. The world has moved on from coal as it's Major energy source.
Same fate awaits crude oil. You will soon drink it for wine.

Fake news..

Our Darling president is going to make Nigeria a surprise to all nations

I'm sorry to say this but I had to.

Posterity will land very sounding CURSE on us if we should end up doing NOTHING meaningful with this fast drying oil

The world is fast leaving crude oil behind. Very soon, it will be completely worthless. And UAR will completely fall apart because they'd have nothing to fall back to.

Jerryherd:



Well what you should understand is that Nigeria has more of sweet crude oil or Brent crude oil

Only West Texas WTI can even try to compete favourably and it can't...

As much as US has crude they don't joke with Nigerian and Libyan Brent crude oil



.

I don't think that you are entirely correct here sir.

https://www.google.com/amp/s/nairametrics.com/2021/05/20/nigeria-struggling-to-find-buyers-for-her-oil/%3famp

A source who pleaded anonymity also confirmed that “the problem with the lack of demand for Nigeria’s oil coincides with the fact that the US has been exporting a lot of light crude oil – which competes with Nigeria’s oil.”

Don't panic nobody is rushing to buy crude oil anymore.