₦airaland Forum

wadetaw202:
The only problem with your kind of opposition is that it is like that of a whining baby; it has no substance. It therefore cannot be called a "formidable opposition". You need to go to school and be taught how to make opposition very viable. The one you do here is child play and so immatured.

Taiden:
Wailers cant just get over dis defeat

tucky200:
but most of the wailers we got today have been wailing on propaganda

dustmalik:
You aren't a progressive. Stop deceiving yourself. Ask yourself, why are things starting to fall in place, all of a sudden?

doctokwus:
I doubt baba made that statement,despite the contrived quote from tribune.
No other news media quoted these same words attributed to PMB.
Vanguard,the cable and tribune have been known to contrive quotes and twist words to suit their interpretation of news.

geedeex2:
Everything that happens in Nigeria now is BUHARI. You chop you no bellefull na buhari,you fail to impregnate your wife na buhari,even if you mess now na buhari cause am. Some elements claim buhari ordered the charges dropped against him .

kay29000:
Hmm! Where are those TANOIDS who said that Buhari made moves to have all charges against this man dropped? Ehn!!? Anyway,if you have problem lasting long in bed, hit me up on BBM- 7C22F6EC.

PassingShot:
And some protection seeker will want us to believe that PMB had a hand in the earlier quashing of this case by the court. If PMB was indeed behind it, will EFCC still be able to charge him again for the same offence?

The ground on which the case was thrown out earlier was unnecessary wasting of the court's time by EFCC. They failed to prosecute the charges with convincing evidence and always seeking for adjournment but TANoids here led by their C in C could not reason that GEJ/EFCC wasted three years on it.

Anyi3:
It's a wonder this OP didn't even read his link
You just rushed to fish out the political side to just heat up things.

If you read the two quotes below in that article, you would have understood better. Nigeria's crude is light.

"China likes crude oil that is heavy and sweet, as it fits the appetite of its refineries that produce a lot of fuel oil to keep its industrial and manufacturing economy running, according to a data from the US Energy Information Administration, EIA."

"Consequently, China ignores Nigerian crude for now, as their demand for light sweet crude oil is very sparse."

China is the second largest consumer of crude oil, and when it does not figure at all as one of your regular buyers, you know you have a problem. And Nigerian crude is suffering because of this. China likes crude oil that is heavy and sweet, as it fits the appetite of its refineries that produce a lot of fuel oil to keep its industrial and manufacturing economy running, according to a data from the US Energy Information Administration, EIA.

The EIA noted that China also has a lot of complex and sophisticated refineries that can still produce middle distillates by distilling heavy crude oil, making the refiners much better margins.

Consequently, China ignores Nigerian crude for now, as their demand for light sweet crude oil is very sparse. It is high time Nigeria found a way to attract its crude oil to China, it noted.
Crude exports

In 2014, about 45 percent of Nigerian crude exports went to Europe, according to the EIA data. But the issue for Nigeria is that it is so dependent on a region where crude demand is stagnant as a lot of economies are still stumbling and it needs to find demand in countries that are growing, particularly in Asia.

Nigeria’s condition is made worse by the fact that it has become the biggest casualty of rising United States shale oil production
Until about seven years ago, the US, which remains the largest oil consumer in the world, used to buy more than 1 million barrels per day of light sweet Nigerian crude oil, which was almost 50 percent of Nigerian oil exports at the time. In 2014, only three percent of Nigerian exports went to the US, according to the same data published by the US EIA.

Nigeria lost its biggest buyer, and the reason has been attributed to the dramatic rise in US shale oil production.
US shale oil is said to be extremely similar in quality to light sweet Nigerian crude oil, and as more and more shale basins were discovered in its own backyard, the US did not need any more oil from Nigeria.

Last year, there were six weeks in a row starting from early July during which the US did not import a single barrel of crude oil. This was the first time that the US had not imported any Nigerian crude oil for such a length of a time, since US EIA started compiling this data almost four decades ago.

The shale revolution has had a profound impact on the makeup of the US import market, which has, by extension, greatly altered the direction of crude flows both within Europe and to Asia. And Nigeria has been the biggest casualty of this, it noted.

However, India has the largest buyer of Nigerian crude, which has been one of the positives for the West African country in the last few years. But demand from India for Nigerian crudes is slightly on the wane as its demand for Latin American crudes is growing sharply.
India is also the largest buyer of Venezuelan crudes, and with refineries getting more and more complex in the sub-continent, their demand for light sweet crudes is expected to tail off.

The world’s largest refinery complex situated in Jamnagar in the western state of Gujarat in India, operated by Reliance, runs primarily on heavy crudes, dominated largely by crudes from the Middle East and Latin America.

barcanista:
Her response was a polite way of saying "I'm not interested in your bricklayer cousin"

175:
Inside Lecture Room 184, University of Jos,
Federal Republic of Nigeria. This same nonsense
replicates itself all over the country. When you
complain that the leaders are useless and not
doing anything, these same students will tell you
to shut up that the government is trying. Well, I
will not shut up.

kastonkastrol:
prison will be her abode after may29... Her case is still pending in ICC

EMANY01:
@lease gather any and every record of the interaction between the those governors and Madam Ngozi.-
If these apc people are left to their own devices,they will induce mass/forced amnesia so no one remembers that they:ameachi,aregbe,fashola,feyemi and oshiomole were the people who faught GEJ and NGOZI the most on the SWF and the ECA

theV0ice:
Yet our bros went on a crazy spending spree to buy a second term

Aunty Ngozi, why didn't you tell him? You left him to be forming 'omo baba olowo', now you're warning us? Ehn??

OBJ left almost zero debt plus reserves of over $40b. Even sickly yaradua built on the reserves OBJ left. Bros sold oil for record prices yet depleted the reserves even before oil prices fell......its sad....very sad where GEJ took us.

All Nigerians will bear the brunt because "when your crippled relative decides to use a laxative, it becomes the problem of the entire family to ensure cleanup"

APC and PDP, all Nigerians, the yawah don done. The year is truly going to be tight.....very tight for the country.

We must find a way to reenergise our refineries so we can consume the crude ourselves.......there's no other way to avoid unsold cargoes

Equalizer:
That's good news.. let the price rise so that $1 will be equal to #1...

Musici:
I tel u o,benuejosh.i don tire o. worst of all,they spend their whole life abroad and stil luk like.....

benuejosh:
In Nigeria only the ugly make lead ways.