Chukzyfcb:

You have made very good points, yes if drilling & rig maintainace are efficient, cost of production should lower.. However, you cannot say we are making GROSS PROFIT where our budget is set @ Higher oil price to function.
We would actually be @ DEFICIT, & will require borrowing to complement that deficit. And if some govt business don't operate at certain times for profit based but simply for a social factor as u'v stated. Then, I think it means the job security of every staff in that establishiment hangs on the line. Overtime, lack of sustainability could lead to massive job cuts!

Chukzyfcb:


I'm sorry but I still don't get your drift, should a company continue to do business when its established knowleddge that you re makingg losses daily? How do u pay workers when you make losses daily? We can extract oil to sell amongst ourselve but for export purpose, its no longer economically viable for any oil coy to continue doing business @ 20$/barrel in Nigeria

Bevista:
You professionals have a way of making mere mortals like us look so ordinary... Just Kidding!
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Truth be told, beyond PPP, I am not familiar with with the other models you referenced there. Can you give me a good reference to learn about the last model you used in your analysis? Or maybe can you post an extensive lecture here on the subject for me to read?
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On a side note, with such technical depth in that analysis, you should not be teaching, you should be working in CBN.

PBundles:


As for the Naira, this will fall further and I see a N/$ at 400-450 at year end. I would explain how I go to that, but will spare you my boring calculations.

Bevista:
Indulge me. I love boring calculations.

Seun:
This means the oil price will drop further since Iran is now free to export their oil to US and all European countries. The naira will also drop.

Seun:
This means the oil price will drop further since Iran is now free to export their oil to US and all European countries. The naira will also drop.

tsdarkside:



Yea,yea,yea....lets first finish executing kanu,then we can discuss how great we are...

zendy:
The funniest thing about this man is that everything he says is in the dictionary and correct! It's not his fault if the average Nigerian cannot understand his level of high English! Buy a dictionary and start learning English!

PBundles:
Lets stick to facts and not emotions.
The High Court never said Mr Kanu was not guilty, as far as Im aware the case has not been judged. He was given bail to report back when the case resumes. I stand to be corrected. On the fact that Buhari has kept him is within his executive order. If im not mistaken Obama has also executive powers, which he uses and has used.

A question, you do know that there is a film on line which this fool of a Kanu was soliciting US citizens to help him with arms to fight the Nigerian government right? Even one of the attendees, a woman I believe got up and asked, what exactly are you asking and he said...I need arms and I know you guys can get it for me. You know what, you as a US citizen try and solicit arms in a foreign country on the pretext you want to overthrow the US government because you want to form your own country and watch the hell that you will catch from the CIA and FBI.

If you read the EFCC memo, they didnt JUST arrest him. The money he collected when compared to services rendered dont reconcile. They are trying to recover the money and believe me Germany will want NOTHING to do witha criminal. There are countries that show shame when their citizens are wrongly and bring shame to the country.[b]

On whether or not Nigeria could do that to a US citizen, dude relax..there are US citizens in Nigerian jails and prisons NOW as we speak, NOTHING WILL HAPPEN. You commit a crime its OYO (On your own). By the way arent there citizens being held in North Korea now. When is Obama going to nuke them LOL.

On a side note, its your perogative that you decided to tear your Nigerian passport. I have mine along with my US Passport and Ducth passport. I guess different strokes for different folks.

symbianDON:

which doyou prefer? alomo, orijin, guiness stout or......just mention it cos i am sending you 10 cartons right away

Addicted2Women:
I tore my Nigerian passport the very day i got my American citizenship.
Why arrest an innocent business man ??
It's just like arresting a food seller for selling food to an arm robber and the arm robber paid with the money he got from a robbery operation.

The Nigerian high court said Nnamdi KANU was not guilty and should be released from jail immediately but Buhari remanded him in jail, does it mean Nigeria is lawless ?? Oh, i forgot Democracy died the very day Goodluck Jonathan left office.

Nigerian government is just weak.
Let them arrest American citizen and see what happens.

allanphash7:
I hope their case wint be like this

cocolacec:
Nights of Malta is a Freemason Order for anyone of notability; from politicians right down to our so called Christian clergy. See article here of Apostle Rick Joyner from Morningstar ministires who is happy to flash about his Masonic Knight of Malta robes.

Nelson Mandela was not the only one from South Africa who was knighted – Freemason Thabo Mbeki too was knighted.

But who would have guessed that Desmond Tutu was a Freemason as well? Desmond Tutu is also part of The Elders

ttmacoy:
If he has legal documents in d UK, he can fight his deportation.

That there is the point. How can he have legal documents if he is not a legal permanent resident?

Your post said he should be a permanent resident. Is that simply because he has lived in the UK for 20 years? If so then simply living there illegally does not entitle you to permanent residency status or citizenship.

Looking at the story he is definitely not a British or German citizen and I also do not think he is a British legal permanent resident so they are within their legal rights to deport him.

Even if he was a legal resident it is made clear when you apply that breaking certain rules can result in loss of your residency status and prevent you from attaining citizenship for some time to never, and even after you naturalise, it can still be revoked in extreme cases e.g. people joining ISIS or other acts of terrorism and this is not particular to the UK. The US can revoke your citizenship as well many other countries. This is very rare and only in extreme cases as I said but it can be done.

If he is an illegal immigrant in the UK then he really has no case, the British government's responsibility is to protect British citizens.

tosyne2much:
If this is the level you want to take it then it's fine


I only quoted you cos I found that part hilarious when you opined that the said parrot could memorize lyrics. However, I further added that I used to think it was impossible for parrots to talk cos I have never witnessed it. Only for you to start calling me names, adding that my parents made I big mistake by giving birth to me..


Heaven knows that I had nothing against you, I only quoted you just the normal way I quote people especially when I get to know new thing which I never knew


Goodnyt

ollybosieb:
This is my parrot...... It's been with my family for two years. Damn! It sure can talk all day. I feed mine with fresh groundnut (mine love removing it from the shell itself) sugarcane,half cooked beans, maize(you have to soak it for 2 to 3 hours before feeding) apple,carrot,palm fruit(banga) and hot pepper (rodo).

whirlwind7:
If they are aware that this specie of snail slime harbors certain extremely dangerous neurotoxins, they wouldn't be this foolish.
They do this because they are aware that some European and Asian beauticians perform it.

What they didn't know is that the specie of snails used is totally different.
Giant African snails have poisonous slime.

astrid97:
do parrots talk for real?

fpeter:
“On that Monday, at about 5pm, I had just returned from a wedding in Kano State and I was very tired. Five men came to the house and asked for Ganiyu. When he came out, they started threatening him.
“I asked them to identify themselves, and the ASP showed me his ID card, and said Ganiyu stole some T-shirts when he came to fix kitchen cabinets in his house. He added that he had come to arrest him.
“I did not have any problem with that. I felt secured that it was a police officer who came to take him away, and he had said he would be taking him to the nearest police station, which was Oke Odo division. I told them that I would take a shower, rest a little and meet them at the station.“But to my surprise, around 7pm when I wanted to go, the phone number that the ASP and his men gave us was switched off. I sent one of my sons to check them at the police station.



* Irresponsible father and family!!!
who takes a shower and rest when your son is arrested and being whisked off??