₦airaland Forum

“The government is on track with prospects for oil in the North, he had stated. While results remained elusive, including the one billion barrel oil reserves declared to have been discovered in the basin, over $3 billion has reportedly been spent on oil search in the northern region over the past two decades, as successive governments pursue frontier exploration despite criticism from civil society and environmental groups:

DUTY:
This is just the preamble. The terrorists will feel the heat in coming days.

Inosky:
University professors are earning less than 500k salary a month. PA with BSc and no educational achievements earnings over 1m Naira? If it's not shocking to you, then you're part of the problem we have in Nigeria.

SarkinYarki:
1 million Naira is just 625 dollars which comes to 7500 dollars a year ...oga it's not serious money please

nightsaint:
The worst criminality is done, not by Nigerians, but by foreigners, majority of whom are from Asia. Nigerians are just learning work.

Anijay1212:
This is beautiful. When a man irrespective of tribe or race values his wife,he will always go the extra mile to make her happy and fulfilled.
Oyibo pepper you do this one ✅👍. E count for my book.👏👏👏👏

Basic123:
They are all not hypocrites and desperados like him

oyoofong:
Simply class! The APC guys are pro–con men. Interpol, you pulled this off? Beautiful—kudos to you!

Nijaforward:
Very shameful President and some fools are still supporting him

Dogalmighty17:
Shame!! Shame on Tinubu. Shame on APC. Shame on EFCC. See how they've rubbished themselves.
But wait o! At this age Tinubu still has girlfriend? Haba!

Shimbo96:
Some people still feel that Jonathan is their messiah. King of corruption, ask the minister of finance, petroleum during his tenure how much they embezzled. Spit

aylipple:
Nigeria’s economy has been reduced to the price of rice and other food staples in the market that’s why even with this data staring us in the face, some people won’t still believe that the successive administrations since 2015 faced difficult times.

For e.g under GEJ, Nigerian crude oil in the int’l market sold for an average of $99/barrel over a 5year period yet, without any significant investment in infrastructural renewal, our FX reserves were heavily depleted. As if that wasn’t enough, that administration was taking foreign loans mostly to pay salaries and settle other recurrent expenditures.

Under PMB (now late), his administration for most parts of it saw crude oil being sold for average of $58.3/barrel over 8yrs. Not to mention that his administration faced COVID that many nations of the world are still reeling in its aftermath effect over 5yrs later.

Yet, that administration with all its faults and “poor” handling of the economy, embarked on a massive infrastructural drive like never before seen in our history for decades. Is it the massive investments in our armed forces? The completion of the Abuja-Kaduna & Itakpe-Ajaokuta-Warri SGR? Man successfully delivered the Lagos-Ibadan SGR from start to finish; the Second Niger Bridge from start to finish; new airport terminals in PH, Kano, Abuja, Lagos and so many other legacy projects too numerous to mention. Of course, many of these projects were realizable due to loans as well but because of the way the economy was handled, many Nigerians still viewed his administration as a disaster due to how prices of goods and services skyrocketed.

Same thing is playing out now under PBAT that while the numbers show the economy is stabilizing (just like Dr. NOI of the WTO affirmed with the advise for more effective measures to be put in place to cushion the effects of the administration’s policies), the effects of those +ve stats are yet to be felt by majority of Nigerians.

The current admin has been able to increase our FX reserves even amidst paying off some inherited loans/debts in billions of $$ but until the prices of food commodities, cost of transportation & cost of living in general is brought down to a reasonable level, all these stats will just be flying over the heads of Nigerians.

nedekid:
Lol, na so.