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Forex Crisis: Our Crude Oil Sold In Advance – NGF - Politics (4) - Nairaland

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FOREX Crisis: FG Plans Talks With Looters, Eyes Mop-Up From Hoarders / Ali Baba Lashes Out : Last Last... We Will Drink Our Crude Oil.... / Ekweremadu: Frustrate Sales Of Electric Cars In Nigeria To Sell Our Crude Oil (2) (3) (4)

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Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by just2endowed: 10:12am On Feb 08
socialmediaman:
Originalsly how insincere can your leaders be, lying and trying to play games with Nigerians over and over?

This was my comment months ago stating that a lot of crude had been sold in advance, something that was common knowledge, but here are your leaders claiming they only realized recently


That's the major reason for dollar scarcity. Nigeria is now supplying fuel to his creditors as means of repayments.

Buhari really finished Nigeria off.

2 Likes

Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by na2016: 10:13am On Feb 08
It is now that they are telling the truth but some of us the critical knew when Dangote said he was buying crude from USA. Buhari was a nightmare to Nigeria. He used the crude in advance to borrow monies that were stolen, now the entire country is in shambles!!

2 Likes

Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by delpee(f): 10:15am On Feb 08
vanbonattel:
For those of you that don't understand English, the man said they have sold your crude oil in advance and pocketed the money, and aso you people should exercise patience and remain hungry for the next six months, or six years cheesy

My advice to you is to buy a small bowl, relocate to your street junction and start begging, as the state governor is passing with other politicians, they will be dropping change money for you to chop.

Funny but e never reach that level. grin grin

It seems the last administration tied some loans to supply of crude for a period of time. Good deal for the creditors if equivalent cost is calculated at the old price. A big loss for us if so.

1 Like

Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by delzbaba(m): 10:17am On Feb 08
Buhari was a disaster, minister of petroleum for eight years and busy doing bazaar with our crude.

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Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by aribisala0(m): 10:18am On Feb 08
Is this news?
We see Dangote buying petrol from the US and refuse to see the handwriting on the wall instead choosing to talk bullshit all day long online
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by History555: 10:21am On Feb 08
Buhari the dullard sold crude on advance and tinubu is covering up for him. If tinubu will not give Nigerians the full details of this sales then no point re emphasis on it over and over

2 Likes

Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by Bolingua1: 10:21am On Feb 08
Islie:


https://dailytrust.com/forex-crisis-nothing-for-nigeria-as-our-crude-oil-sold-in-advance-ngf/

Who sold the crude and where is the money?
Until there is accountability in Nigeria and govt officials can earn legitimate wages. We arent going anywhere.
With the present govt, there is no assurance of that happening, so it's a big big issues for Nigeria.

1 Like

Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by Ezewuzie01: 10:23am On Feb 08
That's why Buhari tried to run to Niger Republic after selling Nigeria.
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by Ikaeniyan0: 10:25am On Feb 08
Kukutenla:

At least read and understand before you make comments
The reason given for neighbouring countries mop up of grains in Nigeria is in the report.
So how can it work the other way
Seun you and your mods like Mynd44 are bias. This guy has two monikers on nairaland, nothing has been done to him but I was suspended for calling someone okoro. I wander when okoro became a derogotory word

1 Like

Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by gaskiyamagana: 10:27am On Feb 08
Tinubu or Buhari sold it? We want to know so that we know who to hold responsible?
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by Anatolia: 10:28am On Feb 08
Tap0lane:
First people need stay in their state n stop flocking into other state.

A state the cursed bastard elected as governor can not provide conducive environment for it indigene to do business earn a living n sustain themselves should be handed over to the state governor they migrate to leach on the little that governor is able to provide for it own people.

A good example will be Abia n Anambra indigene trooping into Lagos to leach on it instead of holding their governor accountable to it failure.

Let us face the facts. Lagos originally belongs to the Yoruba and still but to attribute the economical development to the South West is another thing. Nigerians of every tribe contributed to the development of Lagos. And as such you have no right to tell people not to migrate to Lagos. You can if you would agree that Lagos and other SW states will no longer receive oil revenue from the South south and let’s see how far each state goes. Mention any other state in the South West that is economically productive.



Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by gaskiyamagana: 10:31am On Feb 08
Odin13:
Tinubu and his team are clueless and helpless.. Not even a single Human or god from southwest can be of help.

We all know he did nothing as a governor ... he wreck Lagos

.. Fashola of 2007 fixed Lagos state ... with his ideas and template .. Asiwaju did nothing. .. he sat back with his billions to act Godfather

Abuja no be Lagos ..

All those lies ..” Tinubu developed Lagos” has been bursted and rebursted ..

Tinubu Na the real dullard ..

Nigerians have to apologize to Baba Buhari.. even if he sold Nigeria cheap

He’s a million times better than Jagaban of yorubaland
Sharap!
Shatap!!.
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by oyeb15: 10:33am On Feb 08
Coming from a dumb governor. Kwara have been having below average governors
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by syntekelite(m): 10:33am On Feb 08
Jonathan corrupt, jona no sabi, jona useless, jona subsidy removal na scam and lots more concocted by the buhari left media propagandists to remove one of the most enlightened and illustrious president nigeria ever had and wld hve enjoyed if he completed his transformation. But 3k warriors, tribal and religious bigots convinced 100million people that buhari who ruled and ruined nigeria in the 80s was better than jonathan sebi una eye don clear.
Abeg where is dasuki, yesufu and oby ezekwe?? Of course they are on to their next mission -peter obi
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by Jasonekah98: 10:34am On Feb 08
Ahhhh!!

Lmfao!!..
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by ehinja: 10:35am On Feb 08
The lies upon lies being bantered by our politicians and policy makers with regards to our common wealth and resources wreck of wickedness and callousness from the very pit of hell itself.
How can we not continually care of what becomes of us and generations of young and unborn Nigerians. How can we be saddled with hopeless leadership perpetually thinking of their bottomless greed and pockets to the detriment of the nation they call home.
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by Ykc2(m): 10:36am On Feb 08
In nigeria when president performed very bad abd you criticises him his tribe's people are the one to defend him ,what type of democracy are we practicing in nigeria biko?governor will loot and loot ,minister will loot and loot,you can't protest police will kpai you,where did nigerian politicians learned this type of democracy?look at this man no one is bothering him with all he looted

Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by godofuck231: 10:40am On Feb 08
Let me guess , aisha and yusuf unlimited oil allocation, reopen the down stream sector of the oil and gas in the niger delta and let the local Refinery revamp the naira , morons
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by mycar: 10:42am On Feb 08
Ebubu2:


Let Nigerians source for food produce from neighbouring countries and increase its supply into Nigeria.

All of us are enjoying ECOWAS free import duties.
The food is cheaper in Nigeria due to our weaker currency, the only snag is that quality of the food is poor and no money to buy them

1 Like

Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by TheGift: 10:45am On Feb 08
Ebubu2:
get out

Hahahaha, 😆 😆 😆

Come and carry me out.

1 Like

Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by SalamRushdie: 11:14am On Feb 08
Why is Buhari still roaming free
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by ifeco4(m): 11:22am On Feb 08
Ebubu2:


Let Nigerians source for food produce from neighbouring countries and increase its supply into Nigeria.

All of us are enjoying ECOWAS free import duties.

How can you do so effectively when your currency has no value. That is why it favours the neighboring country because they will buy more with less of their currency.
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by Dsimmer: 11:24am On Feb 08
The looting Buhari and his nephew work plus Emefiele and Zainab Ahmed. Let's not even start with the Nigeria air scam nonsense! The Core Northerners had better go hold their fellow looters and plunderers, instead of disturbing with rubbish noise!

Annoying thing was these useless looters couldn't even invest the looted money in industrialization but went to keep it. These fools had better return all Nigeria money.

1 Like

Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by Bobloco: 11:43am On Feb 08
vanbonattel:
For those of you that don't understand English, the man said they have sold your crude oil in advance and pocketed the money, and aso you people should exercise patience and remain hungry for the next six months, or six years cheesy

My advice to you is to buy a small bowl, relocate to your street junction and start begging, as the state governor is passing with other politicians, they will be dropping change money for you to chop.

Your last paragraph is been implemented, Lagosians have been screaming "Ebi n pa wa o" at Tinubu's convoy recently, he stole their common wealth
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by PARADIZEPRIEST: 11:50am On Feb 08
You ppl are yet to quantify the damage buna and his govt caused
Dey play,calling and blaming PTinubu is vanity,because he met the damage and trying to fix it

We had rotten banking system
Had rotten forex system
Rotten oil system
Rotten education system
Religious body fail to lead by example,only preach religious history and not implementing virtues of Faith .WE DONT HEAR PASTORS ANYMORE PREACH GAMAINE THINGS like honesty,moderation,contentment,care,
hardwork,selflessness,empathy,sharing,etc. IS A PITY. undecided
WE rather they collude with evil politicians to extort the poor gullible masses.IT IS WHAT IT IS. GREED OF THE FEW THAT USES TRIBALISM AND BOGUS TERMS FROM RELIGION TO CONFUSE THE MASSES AND STEAL MASSIVELY FROM THE NATION. angry
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by Timmi: 11:51am On Feb 08
vanbonattel:
For those of you that don't understand English, the man said they have sold your crude oil in advance and pocketed the money, and aso you people should exercise patience and remain hungry for the next six months, or six years cheesy

My advice to you is to buy a small bowl, relocate to your street junction and start begging, as the state governor is passing with other politicians, they will be dropping change money for you to chop.

And what you vanbonattel and your ObiZombies clicking ‘likes’ don’t understand is that crude oil sales are ‘forward looking. The contract for sales have been executed before the inception of the current government. But then it doesn’t matter to your senseless group

1 Like

Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by pacespot(m): 12:13pm On Feb 08
Nigerian oil that became the frontrunner of rejected crude oils in international market has suddenly become the most sought after because we now have refineries to refine it at home, to the extent that they are now selling Nigerian oil months and years ahead.

I remember when they used to say Nigerian government cannot raise money because there are many Nigerian oil tankers and ships stranded waiting for buyers in different countries' borders around the world.

But now they say our oil is being sold ahead, because we now have refineries to refine it here, and there is no more suitable lies they can tell to cover up their greed and corruption in the oil sector.

How wicked can this government be to Nigerian people Despite the inflation, instead of them to find a way to alleviate sufferings for the people, it is just to continue to steal they are after.

1 Like

Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by Beautifulday: 12:29pm On Feb 08
Samogloby:
When Atiku complained about crude oil exchange/swap with over 3 billions dollar and the money shares by APC government, some idiots calling themselves youth and APC members started hurling insult on Atiku. Another name for APC is suffering.

Please where is the link. I read it I think last week. Wasn't the deal made under this administration?
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by NAC1666: 12:44pm On Feb 08
vanbonattel:
For those of you that don't understand English, the man said they have sold your crude oil in advance and pocketed the money, and aso you people should exercise patience and remain hungry for the next six months, or six years cheesy

My advice to you is to buy a small bowl, relocate to your street junction and start begging, as the state governor is passing with other politicians, they will be dropping change money for you to chop.
Buhari collected loan with crude oil. The crude oil will be supplied for 5years. That's why nnpc can't remit to the federation Account since 2022
Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by Oghene86: 12:46pm On Feb 08
Islie:


https://dailytrust.com/forex-crisis-nothing-for-nigeria-as-our-crude-oil-sold-in-advance-ngf/

When I first mentioned that our crude has be sold far into the future I was asked to produce evidence, I believe the evidence is everywhere and everyone can feel it in the hardship and the Naira value depletion.

Buhari sold as much as he could sell pocketed the money and moved on. Tinubu is not doing anything about it, instead of rounding all the served in the administration including Buhari to collect all that funds he prefers to go borrowing

1 Like

Re: Forex Crisis: Our Crude Oil Sold In Advance – NGF by NAC1666: 12:47pm On Feb 08
Islie:


https://dailytrust.com/forex-crisis-nothing-for-nigeria-as-our-crude-oil-sold-in-advance-ngf/
Some people are just waking up now...is he not aware that Buhari collected loan with crude oil. The crude oil will be supplied for 5years. That's why nnpc can't remit to the federation Account since 2022.

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