₦airaland Forum

WhiteIverson:
Oando Vitol and Helios

AngelicBeing:
Fixed

LordIsaac:
Obi is not orator.

nairalanda1:
Because Libya, UAE and Saudi arabia have small populaitons ...less than about 10million, 14 million and 40 million respectively...and produce far more oil (or in LIbya's case, around the same amount of oil) than we do

We have 200 MILLION or more people and produce 1.5 m bpd.

That's why they can afford subsides, we can't . And even Libya loses billions to smuggling of fuel....and it has even gotten to the point where they use jet fighters to fight the fuel smugglers. (I wish I was lying).


The reason why our leaders are bad is not just that they steal money, it is also that they do not make enough money for us.


Your use of the word sickening does not change the cold facts. And better stop being abusive.

nairalanda1:
And the harsh truth is that if you want the power and petrol sector to work well...it needs profits.

That is what Niger, who is poorer than us, is doing. They have a refinery, they have domestic crude, and fuel there sells for N1400 per liter.

Ghana has two refineries, and a lot of crude, and fuel is around N1600 equivalent.

Juanmike:
It remain Ewa

mamdanju:
Please don't fall for any bag of rice land in Abuja. I collected some rice and oil 5 years ago and invested 1.5 million but till date no land and the fraudulent company shut down their office in Abuja.