₦airaland Forum

blacKDalia:
https://www.sunnewsonline.com/boko-haram-chadian-govt-dismisses-recent-onslaught-by-president-deby/

samorobo:
Lol.i can't laugh not all countries will swing into this unending wicked recession..some countries are just special while some are not

OPEC DEAL: FG reacts,says Nigeria will generate additional $2.8 billion in revenue



After weeks of deliberations and negotiations, including intervention from the United States of America, the Organization of Petroleum Exporting Countries (OPEC) and its allies (OPEC+) finally agreed to a historic cut in crude oil output as part of measures towards tackling the global oil crisis.

The deal, which was reached after their virtual meeting on Thursday, April 9, 2020, will see OPEC member countries cut their output by 10 million barrels per day. Non-OPEC countries will also cut their production output by 5 million barrels per day.

In the meantime, the Nigerian Government has reacted to this development. In a statement issued by the Minister of State for Petroleum, Timipre Sylva, on behalf of the Federal Government, it was noted that Nigeria will adhere to the output cut in order to rebalance and stabilize the global oil market.

The country will join OPEC+ to cut supply by up 10 million barrels per day between May and June 2020, 8 million barrels per day between July and December 2020, and 6 million barrels per day from January 2021 to April 2022, respectively.

As a result of the output cut, Nigeria will now be producing 1.412 million barrels per day, 1.495 million barrels per day, and 1.579 million barrels per day respectively for the corresponding periods in the agreement; as against the 1.829 million barrels per day of dry crude oil that was the reference production in October 2018. This is in addition to condensate production of between 360-460 KBOPD of which are exempt from OPEC curtailment.

However, this agreement awaits the final outcome of the ongoing engagement with Mexico to agree on its full participation.

This historic cut, when finally concluded and implemented, is expected to see crude oil prices rebound by at least $15 per barrel in the short term.

This is is also expected to help increase the possibility of the Federal Government exceeding the adjusted budget estimate that was just sent to the National Assembly with the reviewed crude oil price put at $30 per barrel and a crude oil production estimate of 1.7 million barrels per day.

The rebound price is expected to lead to an additional $2.8 billion dollars in revenue for the Federation. This will help to bring some much-needed respite to Nigeria, helping to mitigate the revenue crisis that it is currently facing.

(READ ALSO: Concerns as Shell declares force majeure on Forcados terminal)

In addition, all planned industry development projects will still progress as they will be delivered before the termination of the 9th OPEC/Non-OPEC Ministerial Meeting Agreement on adjustments in April 2022

Stevoh18:
Can't get enough of Nairobi

Odunayaw:
I don't see why we can't do this to to the Ezugwu

jpphilips:
If Nigeria ever shares accurate casualty figures, you will change your nationality to Burkinafaso.

kabe1:
You make a ridiculous statement about the airforce fielding only Alpha Jets, when presented with evidence to the contrary to dispute your false claims, you jump into a rant.

I don't care about your long epistle or your insignificant opinion.

Try and make factual comments, that's all I'm asking you.

jpphilips:
Kenya got a Cobra to fight Alshabab, so the US would've considered selling to Nigeria if we asked, Jonathan's administration had a lot of money unfortunately the guy has the IQ of a housefly with a PhD.

kabe1:
Ezugwu made in Nigeria MRAP.

Nigerian is getting 113 units.

Toju200:
this is first batch we are considering buying 25-40 of the jf17

samorobo:
SA's blackout is eternal...eskom ain't sorting that shiit anytime soon

samorobo:
Hahahaha this boy is hypocritically funny...so we shouldn't talk about our huge shares in this companies but you are free to brag about Boer companies and achievements that can never,ever benefit your race ...

You will always think spar to be south Africa you ignorant child... hurray you've been busted again...
You want to steal other countries shine..

Horus:

https://www.youtube.com/watch?v=NDJmLe3noHw

Kenyans homeless in China after eviction over Coronavirus

Danielnino00:
Nigerians aren't racists..we just don't like people of other races lording it over us in our country. Unlike Kenya and South Africa ..

Kazikazi:
Hohohoho

phazotron:
The fact is that our soldiers aren't the ones to be blamed for the prolonged nature of this war. The people who are responsible for this mess is the men in charge of our security and intelligence infrastructure.

The president
National security adviser
The minister of defense
Our intelligence agencies
The army and air force leadership

This war can be won fairly quickly (1yr) using the right tactics and weapons.

We need better long endurance aerial reconnaissance and striking hardware that can be in the air 24/7 being on the lookout, ready to strike at moments notice. Dozens of armed drones to patrol our borders. Even more to watch sambisa forest and the lake chad region. Its not every time we need to send our boys to put their lives in danger on the ground. With the right aerial strategy and weapons, we can make BH afraid to move in the open.

these tucanos don't look like they'll be able to take heavy fire.we need heavy duty stuff

Su25s
Ac130s if possible
More mi35 helos

There is no battlefield command, control and coordination system. Especially BTW the army and air force. Do we have laser designators and other targeting equipment we can use to relay targets to our aerial platforms?

Our guys need better weapons and vehicles with heavy armor. These Toyota pickups we use is rubbish. None of our ifvs should be lightly armored. What happend to tanks? There are many good Tanks that aren't expensive na.

The boys need upgraded armor. What about sniper teams? Night vision goggles and thermal imaging devices? Those will make it easy for us to strike at night thereby giving us the element of surprise.

How I wish I was head of procurement for NA

our intelligence agencies are the greatest failure and embarrassments of this war. Identifying the logistic and organizational structure of BH/iswap should be the job of the DSS nia and dmi rather than intimidating innocent citizens and making a joke of themselves. The saying "drain the pond to kill the fish" comes to play here. We must also have an emphasis on degrading the organizational and logistics structure of BH. If we can identify how they get fuel and tools for their vehicles, how the get funding, movement patterns then we can get ahead of this thing.

Intelligence gathering is the biggest key to this fight. The sooner we do these the better. Enough of reactive strategy, its time for us to be proactive.

phazotron:
I don't know why we keep choosing these tucanos


We can do so much better.

Justnotyou:
Yours is probably telling you to check the tallest color huh why else would you expose yourself like this?

komekn:
I have one answer for you SILENCE

Justnotyou:
Idiot you already presented the proof.

1. No of deaths in Nigeria since 2011 to 2018 by boko boys alone oh my, it's beyond worse when one includes other terrorist factions.
2. No of deaths in each region including SSA since 2002 to 2018

Now do you see it bruh...

Justnotyou:
Since 2011 over 35,000 deaths from your "credible data" which is about 80% of all terrorism related deaths in Sub-Saharan Africa since 2002 to 2018 it's far worse than anyone could've imagined.

obaaderemi:
Doesn't matter if Dangote employed Indians or Little Indians. At least Aliko Dangote,the company's Ceo is an indigenous nigerian.

Do you want me to tell you about Colin Francombe and Claus Mortense?
http://nairobiwire.com/2016/07/revealed-kenyas-biggest-landowners.html

samorobo:
And that is what I am asking you ..those that nobody of a journalist speak for 200m Nigerians ?

Justnotyou:
Best believe it.

komekn:
That's a nonsensical proposition without one iota of substance.

How did you arrive at that deduction ❓ Have you lived in the West and or where educated there. Or is it by personal association and even then you there are a lot of countries in the West.

Sizzorkay:
And the dude wearing that mask with red nose clipping just wore his mask upside down.
We really are in good hands . That better Kabe1? lol

"Though Shall Not Criticize The Nigerian Government "

kabe1:
We now have 21st century Tanks and Tank Destroyers, including artillery.

We also make very modern APCs.

Whyem15:
If we had ordered the armata, they won't be arriving anytime soon, the russians themselves haven't purchased much of it. Now I'm a fan of the armata but I'm pleased with this VT4 as the difference isn't that much

GabrielYulaw:
Are you actually comparing the T-14 Armata next gen tank with a third gen Chinese MBT? That's total disrespect bro.
I too hope to see lots more hardware soon.

Justnotyou:
Global Terrorism index.
Afghanistan 9.6
Iraq 9.24
Nigeria 8.6
Syria 8.01
Pakistan 7.89
Somalia 7.8
India 7.52
Yemen 7.26
Philippines 7.14
Democratic Republic of the Congo 7.04
Egypt 6.79
Libya 6.77
Mali 6.65
Central African Republic 6.62
Cameroon 6.62
Turkey 6.53
South Sudan 6.32
Thailand 6.03
Colombia 5.91
Sudan 5.81
Kenya 5.76
United States of America 5.69
Niger 5.6
Ukraine 5.55
Mozambique 5.54
Myanmar 5.51
Burkina Faso 5.42
United Kingdom 5.41
Ethiopia 5.35

https://www.statista.com/statistics/271514/global-terrorism-index/

Seems like you have more to worry about, I mean you're worse than the Somalia you keep mentioning every now & then, even Syria oh my nija truly no dey carry last ehh

WannaHowzit:
Just give them paraffin lamps, it will still be a major upgrade.

JUST IN - this is Ogun state today after tanker capsizes TRUE STORY I TELL U

gallivant:
Have you finished memorizing the Quran almajiri?

vaxx1:
lol. very controversial.....