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Commoditiesnig's Posts

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PoliticsRe: Federal Government Proposes ₦‎47.9 Trillion For 2025 Budget by commoditiesnig(m): 6:11pm On Nov 14, 2024
Noted
PoliticsRe: NNPCL Claims 1.8m Barrels Per Day Crude Oil Production by commoditiesnig(m): 5:38pm On Nov 14, 2024
Very commendable!.. more output needed
PoliticsRe: Breaking : Atiku To Join LP To Contest 2027 Presidential Race by commoditiesnig(m): 1:30pm On Nov 14, 2024
Salewa97:
Hahahaha, the LP party is too small for Atiku.

Obi and Atiku in the same party? Na fight dem go dey fight everyday
Lol 😂 wahala! grin
PoliticsRe: A Joker – Atiku’s Camp Fires Back At Wike Over Prediction On 2027 PDP Election by commoditiesnig(m): 1:18pm On Nov 14, 2024
GeneralOjukwu:
grin

Atiku is more of the Joker.

No one else would have failed to beat APC with Buhari's disastrous 8 years.

Immediately after Party Primaries, I knew who would win. Tinubu made it a point to visit EVERY single contestant even those with zero vote even his enemies. He asked for unity and solidarity.

Atiku on the other hand started fighting... instead of embracing people like Wike. When Obi begged him to be Running Mate, Atiku chased him away with tears in his eyes.


Tinubu very smartly assisted fragmentation of his opponents .
Gbam!
PoliticsRe: Edo Governor Okpevbolo Flags Off Teboga/UNIBEN Road, Others by commoditiesnig(m): 1:04pm On Nov 14, 2024
Very good my state Gov. May God guide you in your tenure, amen.
EducationRe: Eniola Shokunbi Invents Air Filter, Gets $11.5M Funding From USA Gov’t by commoditiesnig(m): 12:49pm On Nov 14, 2024
Brilliant!

Congrats to her!
PoliticsRe: What You Need To Know About CNG In Your Hybrid Or Full CNG Vehicle - Otega Ogra by commoditiesnig(m):
PoliticsRe: CIA Did Not Confirm Tinubu As An Asset - Reno Omokri by commoditiesnig(m): 8:20am On Nov 14, 2024
Emmanuel900:
Assuming Tinubu is really a CIA asset you guys really believe CIA would be so stupid to admit it and confirm it in a Statement ?

Do you guys even know the implications of confirming such a thing to US government and image ?

To be an obedient the IQ must be incredibly low
Lol. Same thing I said. So much kids around social media.
PoliticsRe: CIA Did Not Confirm Tinubu As An Asset - Reno Omokri by commoditiesnig(m): 8:19am On Nov 14, 2024
PressMyButton:
Where's the proof?. Reno was right to call your likes " notoriously gullible". No wonder, Hundeyin is fondly pissing on your heads.
Lol.. Don't mind those kids
PoliticsRe: CIA Did Not Confirm Tinubu As An Asset - Reno Omokri by commoditiesnig(m): 8:16am On Nov 14, 2024
I was surprised at that young "fugitive" man.. forgotten his name!

tishbite42:
The CIA confirmed Bola Ahmed Tinubu as a CIA asset.
QED
Lol.. My friend so after being schooled you still dey write ignorantly.

CIA an NEVER reveal/release classified info to any individual, organization and I dare say court.

Don't be silly my friend! grin
RomanceRe: Why Hard Work Doesn’t Pay Off — Lady Reveals by commoditiesnig(m): 8:01am On Nov 14, 2024
Very true. I've discovered this truth a while ago and its been paying off well.

victorVIC1:
A good combination of hard and smart work makes the difference. Smart work simply implies finding better ways to getting things done.
BusinessRe: US Court Renews Allen Onyema’s Arrest Warrant Over Alleged Fraud by commoditiesnig(m): 11:22am On Nov 13, 2024
This is serious allegation!
PoliticsRe: Obasanjo Visits Ayedatiwa In Ondo Ahead Of Governorship Election (Pictures) by commoditiesnig(m): 11:16am On Nov 13, 2024
Kokorokomanxxl:
lol.
You must really be a kid or weren't born yet when he was president.
Lol.. You just spoke my mind verbatim. So many ignorant "kids" on NL. Shame!
PoliticsRe: Obasanjo Visits Ayedatiwa In Ondo Ahead Of Governorship Election (Pictures) by commoditiesnig(m): 11:14am On Nov 13, 2024
Lol.. I was shocked at his comment as well. I suppose he was probably still a kid or "unborn" when Obj was president.

adams123:
Are you fool to make such a comment like this?! Were you in your mother's womb when this man was a civilian president? I find it hard to think of what you regard as a true leader in your level.
This man was rigging elections with Prof Iwu those days and you are here referring to him as a good leader that we can't find again in this country... I'm ashamed of reading your comment... what's even your standard for a true leader??
PoliticsRe: Nigeria’s FX Reserves Hit $40.08bn, First Time Since 2022 by commoditiesnig(m): 10:51am On Nov 13, 2024
9jatriot:
When una oga was quoting nonsense figures like "If you add the number of cows in China and add it to the number of pigs in Onitcha, you can feed all the dogs in Kano" That time it was not stupid statistics, now that you have verifiable data to content with, it now becomes stupid stats.
Lol.. Cracked me up! 😂
PoliticsRe: Nigeria’s FX Reserves Hit $40.08bn, First Time Since 2022 by commoditiesnig(m): 10:50am On Nov 13, 2024
Good development

004gist:
Good news

Reserve is necessary to attract foreign investors, stabilise exchange rate and lots more
Gbam!
PoliticsRe: Tinubu Govt Directs ₦5.4 Trillion Subsidy Savings Toward Nationwide Development by commoditiesnig(m): 4:22pm On Nov 11, 2024
richiemcgold:
🤥 5.4 trillion is huge!

.. I hope this is not a joke
I tell you.. So huge amount!
PoliticsRe: 2027: Kwankwaso’s Visit To Otti Sparks Possible Alliance by commoditiesnig(m): 11:26am On Nov 11, 2024
Noted.
PoliticsRe: Should Crude Be Sold To Nigerian Market Same As International... by commoditiesnig(m): 11:03am On Nov 11, 2024
Good clarification.
Actually same question I also had in mind as the Op.

lebuhsi:
Services in the oil sector is priced in dollars which includes purchase of spare parts, the hiring of expatriates, logistics, and drilling. You also have the cost of production which is one of the highest in the world.

https://punchng.com/nigerias-48-per-barrel-oil-production-cost-global-highest-faleke/?amp

Also, IOCs have a major share in the upstream sector (75% as of 2021)

https://www.woodmac.com/news/opinion/why-investors-may-have-nigerian-upstream-assets-in-their-sights/

So you would not expect them despite the high operation cost to sell their crude oil to the local market at a discount when they have forward sales contracts with their suppliers

NNPC(L?) has tied a vast chunk of local production to forward loans

https://www.google.com/amp/s/punchng.com/crude-for-loans-nnpcl-votes-8million-barrels-monthly-for-8-8bn-debt-report/%3famp

So a vast chunk of local production goes to repaying those loans.

So you can see it's very impractical to do this because one way or the other, someone is going to foot the bills.
PoliticsRe: Vandals Destroy Lokoja–Gwagwalada Transmission Line by commoditiesnig(m): 10:49am On Nov 11, 2024
This is terrible
PoliticsRe: Atiku Envious Of Tinubu’s Position As President – Presidency by commoditiesnig(m): 10:37am On Nov 11, 2024
..
.a position Atiku was simply unqualified for due to his arrogance, insensitivity to Nigeria’s diversity, and the decision to disregard his party’s power rotation arrangement between the North and the South after eight years of President Muhammadu Buhari.
Gbam!
PoliticsRe: Abia PDP To Otti: Show Proof, Documents You Paid Off N90billion Debts by commoditiesnig(m): 2:44pm On Nov 09, 2024
Paraman:
Look at the hypocrites, if it's in Lagos, they will all ask the governor to show evidence he truly paid off the money

They only love accountability in Lagos state
Lol 😂
PoliticsRe: Abia PDP To Otti: Show Proof, Documents You Paid Off N90billion Debts by commoditiesnig(m): 2:43pm On Nov 09, 2024
trutharena:
Transparency and accountability are key.
Very true
PoliticsRe: Wike Appoints Lere Olayinka As SSA On Public Communication And Social Media by commoditiesnig(m): 10:42pm On Nov 08, 2024
tundegan:
Wike don show us say he get sense.

This appointment solid.
I tell you.
TravelRe: Canada Announces Cancellation Of Automatic 10-Year Multiple-Entry Visas by commoditiesnig(m): 10:28pm On Nov 08, 2024
Mathpedia:
Africa really needs to wake up. The let downs are becoming too much
I tell you
PoliticsRe: Federal Government To Build Seven New Dams In The South West For Irrigation by commoditiesnig(m): 10:26pm On Nov 08, 2024
Good one
Car TalkRe: Insufficient Filling Stations Slow CNG Project by commoditiesnig(m): 12:58pm On Nov 08, 2024
Topsido:
Some people are all over the mention of CNG badmouthing the initiative eventhough they are themselves adopting and enjoying it.
Lol i tell you. A nation of hypocrites!

You're enjoying it "codedly" yet you're criticizing on social media..

That's why i never follow the bandwagon of critics
PoliticsRe: Lagos To Build Massive 4,000 Megawatts Plants To End Power Cuts - Reuters by commoditiesnig(m): 12:46pm On Nov 08, 2024
Good one LASG
Flangelo12:
Like the railway.
Lol.. Everything is audio to them. Bitter folks😂
PoliticsRe: IGP Orders Police Officers To Wear Black Bands Over Lagbaja’s Death For 7 Days by commoditiesnig(m): 11:48am On Nov 08, 2024
Good! No noble act is too small to honour late Gen. Lagbaja
PoliticsRe: Wike Inspects FCT Highway 105, Dualisation Of Kuje Township Road by commoditiesnig(m): 11:03pm On Nov 07, 2024
Great job mr Wike!

Kudos on the tremendous work in Kuje and plan to dualize the connecting road to Gwagwalada
PoliticsRe: Lagos Invites Investors For Gas Fired IPPs by commoditiesnig(m): 5:43pm On Nov 07, 2024
mrvitalis:
Where is the gas going to come from?
Good question you asked. Gas can be sourced locally NLNG or internationally

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