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Commoditiesnig's Posts

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Travel AdsRe: .. by commoditiesnig(op): 11:20am On May 15, 2024
Chuwagold:
Please is anyone coming to Brazil from Lagos anytime soon?? Please it’s urgent
I'm not sure for now. But send me a whatsapp msg on this so i confirm with my insider contact.
BusinessRe: OPEC: Nigeria’s Oil Production Rose To 1.28m Bpd — Highest In Africa by commoditiesnig(op): 11:16am On May 15, 2024
BusinessRe: OPEC: Nigeria’s Oil Production Rose To 1.28m Bpd — Highest In Africa by commoditiesnig(op): 10:02am On May 15, 2024
Cheering news from the Oil & Gas sector
BusinessOPEC: Nigeria’s Oil Production Rose To 1.28m Bpd — Highest In Africa by commoditiesnig(op): 10:01am On May 15, 2024
OPEC: Nigeria’s oil production rose to 1.28m bpd in April — highest in Africa

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production rose to 1.28 million barrels per day (bpd) in April.

In its latest monthly oil market report released on Tuesday, OPEC said the production data was based on direct communication with Nigerian authorities.

OPEC receives data on crude oil production from two sources: direct communication — which is from member countries — and secondary communication, such as energy intelligence platforms.

According to the report, the current output signifies a 4.07 percent increase from the 1.23 million bpd recorded in March — also indicating the first month-on-month production growth in the year.

Accordingly, with the current volume of production, the oil-rich country regained its position as the biggest oil producer in Africa, with Algeria taking second position with 907,000 bpd output.

Meanwhile, OPEC’s secondary sources put Nigeria’s crude production at 1.35 million bpd in April — a 3.15 percent fall from the 1.39 million bpd recorded in March.

Also, the global oil cartel said secondary sources disclosed “total OPEC-12 crude oil production averaged 26.58 mb/d in April 2024, 48 tb/d lower, m-o-m”.

“Crude oil output increased mainly in Congo and IR Iran, while production in Nigeria, Iraq and Venezuela decreased,” OPEC said.

“At the same time, total non-OPEC DoC crude oil production averaged 14.44 mb/d in April 2024, 198 tb/d lower, m-o-m. Crude oil output increased mainly in Bahrain, while production in Russia and Kazakhstan decreased.”

On May 8, Gbenga Komolafe, NUPRC’s chief executive officer (CEO), said Nigeria has 37.5 billion barrels of crude oil and condensate reserves as well as 209.26 trillion cubic feet (TCF) of natural gas reserves.
https://www.thecable.ng/opec-nigerias-oil-production-rose-to-1-28m-bpd-in-april-highest-in-africa/amp/

https://guardian.ng/news/nigerias-oil-production-moves-to-1-28m-bpd-bonga-adds-138000-barrels/
PoliticsRe: Minister Files Suit, Petitions Police Against Plan To Marry Off 100 Orphans by commoditiesnig(m): 7:41am On May 15, 2024
VeeVeeMyLuv:
This Minister is really trying

She is very active and hardworking
Very true
PoliticsRe: Keyamo: Tinubu, Shettima Will Start Paying Toll Fare At Airports by commoditiesnig(m): 7:22am On May 15, 2024
Good one
PoliticsRe: Nigeria Gets UN Approval For New Maritime Territory ‘5 Times The Size Of Lagos’ by commoditiesnig(m): 7:20am On May 15, 2024
Good development.. More details required
PoliticsRe: Highlights of FEC Meeting Held 13th - 14th May 2024 by commoditiesnig(m): 10:09pm On May 14, 2024
Throwback:
Great information.

I see many new roads and rehabilitations to be done.



If Tinubu can get it right with housing mortgages and the financial credit system for consumer purchases, that will be a great legacy.
Very true. Such as done abroad.
PoliticsRe: Highlights of FEC Meeting Held 13th - 14th May 2024 by commoditiesnig(m): 10:08pm On May 14, 2024
emkz:
HIGHLIGHTS OF THE FEDERAL EXECUTIVE COUNCIL MEETINGS HELD ON 13TH AND 14TH MAY, 2024

Bayo Onanuga
Special Adviser on Information and Strategy to President Bola Ahmed Tinubu.
Very good. I can see alot of construction works projects .. Kudos to the FG!
PoliticsRe: Structure Of Criminality: Sowore Slams Peter Obi For Meeting Former VP Atiku by commoditiesnig(m): 10:01pm On May 14, 2024
TK9680:
He shouldnot have gone.
True.. But politicians will always be politicians.. All ambitious!
PoliticsRe: Nigeria To Build Additional 90,000km Fibre Optic Cable by commoditiesnig(m): 6:40pm On May 14, 2024
emkz:
The Minister of Communications and Digital Economy, Dr Bosun Tijani, took to his twitter handle to announce that the Federal Executive Council had given approval for a special purpose vehicle to add 90,000km to Nigeria's fibre optic cable infrastructure. This is towards boosting Nigeria's internet connectivity.


Dr Bosun Tijani
Federal Minister of Communications and Digital Economy
This will be great feat when implemented.

Broadband cost need to drastically reduce.
PoliticsRe: FEC Deliberations To Run Into Day-Two Over "Far-Reaching" Decisions by commoditiesnig(m): 12:51pm On May 14, 2024
Very good.
PoliticsRe: Recent Infrastructural Improvements On Nigeria's Power Transmission Capacity by commoditiesnig(m): 12:44pm On May 14, 2024
Shimran:
I speak for myself: power supply in my area has improved for the past few weeks now despite all the winds and thunderstorms.
Same here
PoliticsRe: Recent Infrastructural Improvements On Nigeria's Power Transmission Capacity by commoditiesnig(m): 12:43pm On May 14, 2024
blamingthedevil:
President Tinubu has increased power transmission capacity.

I'm sure you have noticed power supply has improved significantly.
True. Power supply has increased in my area in Lagos. Kudos to FG & IEDC

But just like Oliver Twist, we need more hours.
Travel AdsRe: .. by commoditiesnig(op): 12:08pm On May 14, 2024
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Business To BusinessRe: .. by commoditiesnig(op):
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Car TalkRe: Tinubu Bans FEC Members From Purchase Of Petrol-Dependent Vehicles by commoditiesnig(m): 11:26am On May 14, 2024
We hope CNG plants can be made more available to the populace soon as possible
Car TalkRe: Tinubu Bans FEC Members From Purchase Of Petrol-Dependent Vehicles by commoditiesnig(m): 7:42am On May 14, 2024
GlorifiedTunde:
It's not about swiftness in condemning, it's an unbiased argument coming from a place of admitted ignorance.
My friend its okay, no need responding. This is simply a consequence of your ignorant post. Next just be thoughtful before posting
Car TalkRe: Tinubu Bans FEC Members From Purchase Of Petrol-Dependent Vehicles by commoditiesnig(m): 7:40am On May 14, 2024
Good decision.

I always say alternatives are very important! CNG is a good alternative to petrol.
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PoliticsRe: Edo 2024: Tension In Government House As Initial Analysis Shows Asue Losing To O by commoditiesnig(m): 12:16pm On May 13, 2024
BALLOSKI:
But Obaseki is of PDP and he's a disaster. What are we saying? Are they not the same?
Lol i tire o 😂
PoliticsRe: South East Is Not Mature Politically For President by commoditiesnig(m): 10:25am On May 13, 2024
jahsharon:
No South Easterner will ever rule Nigeria. They know this, they are just shouting to test their voice
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I strongly disagree. I see men like Dave Umahi, Chukwuma Soludo, Ben Kalu, etc in strong contention for Presidents from S.E in future.
PoliticsRe: South East Is Not Mature Politically For President by commoditiesnig(m): 10:22am On May 13, 2024
Khyrvxjzy:
1)let them shun idea of leaving nigeria
2)let them tolerate other tribe and religion
3)let them be less boastful and more humble
4)let them be liberal and not one sided vote

God bless south east, like i always say i love having a south easterners as neighbors than my own tribe, south east just have to do more when it comes to money and politics
Hmm..

For No. 3, what's with us Nigerians and this boastful/show up attitude.. Even abroad Nigerians will still show themselve.

Imagine someone I know said he wants business class ticket to UK, so he can tell anyone that he boarded business class. Lol! grin

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