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Nigeria’s Oil Output Drops To 972,394 Bpd - Politics (2) - Nairaland

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Nigeria's Economy Grows Steadily As Oil Output Rises - Reuters / Dangote Refinery Agrees To Buy 300,000 BPD Of Crude For 20 Years From NNPC / Nigeria To Consider Reducing Oil Output For Higher Prices – Buhari (2) (3) (4)

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Re: Nigeria’s Oil Output Drops To 972,394 Bpd by iwaeda: 10:42pm On Sep 08, 2022
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by Ikennaford: 10:52pm On Sep 08, 2022
LienwaltAbel:
According to some brain dead delinquents: Queen Elizabeth II is to blame. undecided
Don't mind those gullible fellowers of nnamdi kanu, everything Britain, like without the white man we black Nation will see light
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by africandollar: 10:55pm On Sep 08, 2022
Una do o!

Q: Which kain oil-thieves get the facility to steal thousands of barrels of oil without any visible trace i.e. vessels, ships etc?
A: The Federal government of Nigeria

Just to drive home the point, 1bbl = 159 liters.
So to steal about 100,000bbls is an equivalent of almost 16 million liters! Which kain bunkering wan steal that much crude
Our government is culprit in this matter. Shikena! angry

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Re: Nigeria’s Oil Output Drops To 972,394 Bpd by Dvdpity: 11:00pm On Sep 08, 2022
clarocuzioo:
BUHARI cannot even sustain 2 million barrels per day production. This same Buhari and his ignorant urchins that were criticizing Goodluck Jonathan about crude oil production and sales.

Buhari is a calamitous disaster foisted on hapless Nigerians by Bola Ahmed Tinubu. And Tinubu is warming up to continue where Buhari stopped.

And Atiku too, both of them foisted APC disaster on Nigerians.

Nigerians, vote wisely.
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by backtovillage: 11:02pm On Sep 08, 2022
Odewaleadesoye:
My own fear is that how will Nigeria survive when all countries start to adopt electric cars?
By then VAT would be 50 %
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by Odewaleadesoye(m): 11:04pm On Sep 08, 2022
backtovillage:

By then VAT would be 50 %
Back to village according to your moniker cheesy grin
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by grandstar(m): 11:14pm On Sep 08, 2022
Odewaleadesoye:
My own fear is that how will Nigeria survive when all countries start to adopt electric cars?

Demand for crude oil will always be there. I foresee a price of around $60 at today prices as the trend for the next 30 years. The demand for it is inelastic.

A reduced price even increases demand for it. It very inelastic.

Most importantly, OPEC will always work very hard to keep the price at levels favorable to the cartel.

1 Like

Re: Nigeria’s Oil Output Drops To 972,394 Bpd by NOwazobia: 11:16pm On Sep 08, 2022
That is a good testimony...


The oil is more of a curse than blessing undecided undecided
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by backtovillage: 11:21pm On Sep 08, 2022
Odewaleadesoye:

Back to village according to your moniker cheesy grin
Am serious oh.
Do you think our politician have sense ni.
They won't boost local production in their various state but will start looking for VAT to be shared by FG, what kind of thinking is that.
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by Yankee101: 11:24pm On Sep 08, 2022
Lies
Stolen with govt officials collabo
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by brandsoncharlie: 11:35pm On Sep 08, 2022
Odewaleadesoye:
My own fear is that how will Nigeria survive when all countries start to adopt electric cars?
Go and listen to ex president D. trump one of the investors in business about possibilities of the transition, it is not possible my friend.
Most of the heavy Trucks and industries account for the major pollution of earth climate change and that’s where There’s a need to go without the fossil fuel especially on those that’s destructive to the earth Ozone layers.
Unless there’s a break through in technology for that to happen else those are mere talk.
Who wants to be traveling on a rechargeable battery causing stops here and there ,waiting for it to charge before continuing.
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by Amah70: 12:19am On Sep 09, 2022
If it drops to zero output, let's see what drives kleptomaniacs, drug barons, etc, want at all costs to preside over Nigeria.
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by porka: 12:57am On Sep 09, 2022
But isn't Dangote Refinery supposed to solve all Nigeria's oil troubles?

It's concerning how no one is even mentioning that project again. Not long ago every officials of this government and all their clowning ignorant followers were quick to tell the world that Dangote Refinery would magically improve Nigeria's revenue profile and shore up the value of the naira.

What's happening guys?
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by Tinyemeka(m): 2:14am On Sep 09, 2022
They're probably trying to get us used to the situation when they start diverting all the crude to Dangote refinery.

Bunkums.
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by BigIyanga: 3:16am On Sep 09, 2022
This is mean to itself. They cant protect their source of income.
They cant stop oil theft at 2mpd.
The cant stop kidnapping
They cant stop terrorism.
They cant stop ASUU strike
They cant stop Naira from falling
They cant stop high inflation.
They cant investors from leaving country.
They cant stop airlines from closing their opeation.
Govt of CANT for the people of CANT

1 Like

Re: Nigeria’s Oil Output Drops To 972,394 Bpd by Nobody: 3:18am On Sep 09, 2022
Waw
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by LadyExcellency: 4:27am On Sep 09, 2022
Buhari finished Nigeria kpata kpata. Why he left oil exploration in Niger Delta for the Northern deserts still amazes me. Just because of deep-seated tribalism.

What a colossal waste of the presidency.
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by LadyExcellency: 4:31am On Sep 09, 2022
LienwaltAbel:
According to some brain dead delinquents: Queen Elizabeth II is to blame. undecided

That's the truth. Queen Elizabeth handed the North the political power over the South.
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by Elbinawi: 4:33am On Sep 09, 2022
Football ⚽ is the most popular Sports in Nigeria. Liverpool FC was under paying the Senegalese Captain Sadio Mané despite his huge contribution to the Club. Mané left Liverpool FC to the German Champions Bayern Munich FC and all the blessings and fighting spirit of Liverpool FC disappeared.

Liverpool FC was the best English Team last season. They played in the Champions League Final and lost the Premier League with just one point.

I saw the clips of how the Italian Team Napoli slaughtered Liverpool FC on Wednesday. It was a Football massacre. Still can not watch 90 minutes of Football since our unfortunate 'accident' of 2016. I only watch clips.

To our main topic. God removed all blessings from the Buhari regime after the brutal and inhuman #ZariaGenocide. Everything the genocidal criminals in power in Nigeria touch gets destroyed. Each and everything they planned failed woefully. And unfortunately everything in Nigeria got destroyed due to the curse of God.

Nigeria’s Oil Output Drops To 972,394 Bpd -

Above is the recent headlines of the collapse of the Nigerian economy. Nigeria that used to produce more than 2 million barrels of Crude Oil per day can not produce even one million now. Massive Oil theft and lack of Foreign Investment.

Nigerians are eager for Tyrant Buhari and his gang of bloodthirsty killers and monumental fraudsters to depart the leadership stool. Yes, we are tired of the genocidal criminal #Buhari that buried innocent children ALIVE in the multiple Shia mass graves.

#ElbinawiTweets
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by Majorsavage(m): 4:44am On Sep 09, 2022
God bless Nigeria
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by AishaDant(f): 5:11am On Sep 09, 2022
A failed government indeed. Smh!
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by saintol(m): 5:15am On Sep 09, 2022
I wish it could drop further, maybe that will rest our brain.
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by Nobody: 5:19am On Sep 09, 2022
The NNPC officials and navy are stealing the crude oil.
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by Nobody: 5:24am On Sep 09, 2022
cosmatika:
Very Good

Let this oil dry up let's know whether the Northerners truly want to live as one with the South-East and SS.

Let them quickly form the alliance Shettima the devil talked about with SW and let Biafra go
Some cabals are stealing the crude oil.
Re: Nigeria’s Oil Output Drops To 972,394 Bpd by Munamoqel: 5:50am On Sep 09, 2022
cosmatika:
Very Good

Let this oil dry up let's know whether the Northerners truly want to live as one with the South-East and SS.

Let them quickly form the alliance Shettima the devil talked about with SW and let Biafra go
the north is the food production area of Nigeria .

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