BeardGangJnr1:

Mumu Man....stop licking yo slave master's arse

don't you know that majority of Nigerians are destinied to serve the west... And most of them are from that side we know that talk too much!

olas24u:
They have achieved all military plans,ukraine is no match, there are some key areas, to make the country land locked and it has been achieved, there is not in kyiv, they don't plan to subjugate the people. It is not important, unless they want to change the government.

Putin woefully failed in Plan A - which was regime change in Ukraine … he has now switched to the easier Plan B which is occupy the Russian friendly Eastern Ukraine

plaindealer:



Then, show us where the EU is paying in rubbles, this should not be hard for you to do.

I never for once say they are now paying in rubble.

I laid the facts of the case and ended the discussion with you. It was you who made it seem that I did not comprehend the article. I decided to take a minute to show you that I did.

From your stance, it is clear to me you are only interested in winning an argument. Let's just agree to disagree.

Good night.

plaindealer:



That's PouTin's problem, he still gets paid in Euros and Dollars and if after collecting Euros and Dollars he goes to aboki to swap it for his worthless rubbles, that's his own headache, he's still getting paid in Euros and Dollars.

Buying his gas is coming to an end, it's just a matter of time. His pain and suffering is around the corner..

You must be a Yoruba man... Yiu reason like one

pargelenis:
Putin woefully failed in Plan A - which was regime change in Ukraine … he has now switched to the easier Plan B which is occupy the Russian friendly Eastern Ukraine

��❗“The embargo on Russian gas will not stop the war in Ukraine” - Scholz told why the EU does not impose an embargo.

The German Prime Minister said that Berlin cannot refuse Russian energy sources, as this will greatly harm the economy and at the same time will not help stop the war in Ukraine. According to him, Germany wants to avoid a dramatic economic crisis and the loss of millions of jobs and industries.

ariesbull:
��❗“The embargo on Russian gas will not stop the war in Ukraine” - Scholz told why the EU does not impose an embargo. The German Prime Minister said that Berlin cannot refuse Russian energy sources, as this will greatly harm the economy and at the same time will not help stop the war in Ukraine. According to him, Germany wants to avoid a dramatic economic crisis and the loss of millions of jobs and industries.

How does this change the fact that Putin woefully failed in his plan to take over Kyiv and depose/kill Zelenskyy?

Parachoko:
EU do not have a choice

Russia gas is the cheapest for Europe.

Is either Russia gas or people go on the street when Winter starts knocking in Europe. Gas will be so expensive in Europe if they insist on boycotting Russia gas. Good news for ruble

Most sensible people in Europe know that there’s no alternative to cheap Russia gas. The only alternative is bankruptcy and de-industrialisation. Europe is already lagging behind the emerging powerhouses in the east (Asia) and they need cheap Russian gas to remain competitive.

A lot of European leaders are just American globalist slaves/puppet and it isn’t shocking because those who run things have Nazi backgrounds like their American counterparts.

Smart Europeans know Russia can’t lose the war in Ukraine and you can’t win an economic war of sanctions against a resource rich country since the economy is backed by resources. And now that Russia has taken its gloves over and has started turning the cannon fodder in Ukraine into meat grinder - Europe has started coming back to its senses. America is still importing Russia oil/gas while trying to resell it to Europe at a more expensive price for profit. Americans are nuts!

Anyway, once Russia finish crushing Ukraine - if things don’t escalate because I expect the US to escalate things (probably between June/July) - keep an eye on Francophone African countries. Especially Mali, CAR and Burkina Faso. The proxy war is going to shift there and this might be the chance for those countries to finally break free from French colonisation.

AldrichAmes:




Where will Nigeria and Ghana get the natural gas to replace Russia?

Nigeria currently export almost 50% of its natural gas to Europe and it’s not even up to 10% of European gas import.

Some you just overvalue Nigeria’s oil and gas reserves/resources. Nigeria doesn’t really have much compared to the big players like Russia, Iran, Saudi Arabia, Venezuela, Qatar and UAE. Russia alone owns 25% of global gas reserve. Nigeria can’t replace Russia. And Ghana is irrelevant when it comes to fossil fuel.

This is the reason why smart people know Nigeria is a poor country due to its excessive reliance on oil and gas and overvalued sense of importance when it comes to fossil fuel. It doesn’t even make $60 billion annually from oil and gas export (80% of that money gets stolen by kleptocrats). But countries like Russia and Iran are making over $300billion and over $200billion annually from oil/gas export alone despite sanctions. And they don’t have Nigeria’s huge population.

Let me add that the claim of Nigeria being oil/gas rich is overstated in context of the huge population and oil/gas reserves. The only thing keeping Nigeria afloat is remittance from Nigerian diaspora. Nigeria is basically the African version of Pakistan.

lol... EU ran to Nigeria to beg for Gas supplies.

Nigeria is the largest producer and exporter of LNG in Africa and is about to dominate even further with our 7th LNG train.

Do you think the EU is stupid for going to Nigeria because they don't know what we have in the ground or our capacity to sell more to the EU?


Sure, Nigeria can not satisfy EU's total gas needs, but is it not obvious that the EU is sourcing gas from all over the world?

Do we sell our crude to just one customer? I don't get your point.


It is not by force to always hate Nigeria because half of your post is just fluff.

skoskosko:

Before now, gas was paid for in dollars or euros by paying at gazprombank company accounts for gas in European banks. Now, the new mechanism requires them to open a ruble account in gazprom bank itself, a Russian owned financial institution and pay in their currency which would then be converted to ruble with the bank acting as the sourcing agent. What this means is that, it shields the accounts and funds from being frozen in the case of sanctions, since gazprom is a Russian bank, and it places the ruble in demand thereby cushioning the effects of their now worthless sanctions. Was this not what was proposed from the beginning and they refused? Why did they now agree?

Ignore the guy he is just being emotional with no facts. Even no matter the grammar they are trying to use at the end they are paying in rubble simple as ABC.

ariesbull:


You must be a Yoruba man... Yiu reason like one

When you are void of anything meaningful and intelligent to talk about, you descend inside the gutter with tribalism, illiteracy, and bigotry.

I know your type.

skoskosko:

Before now, gas was paid for in dollars or euros by paying at gazprombank company accounts for gas in European banks. Now, the new mechanism requires them to open a ruble account in gazprom bank itself, a Russian owned financial institution and pay in their currency which would then be converted to ruble with the bank acting as the sourcing agent. What this means is that, it shields the accounts and funds from being frozen in the case of sanctions, since gazprom is a Russian bank, and it places the ruble in demand thereby cushioning the effects of their now worthless sanctions. Was this not what was proposed from the beginning and they refused? Why did they now agree?

So, when the EU pay into that account, are they doing so in Rubble and who is converting the payment into rubble.

They could be paying Polaris in Nigeria and Polaris converting the payment into Rubble, it doesn't matter.

Once the EU is done paying in Euro and Dollars per their policy, what Russia does with payment is their business.

Bottomline, the EU is not handing over Rubble to any bank or to PouTin.

Una suffer just begin ...

plaindealer:



lol... EU ran to Nigeria to beg for Gas supplies.

Nigeria is the largest producer and exporter of LNG in Africa and is about to dominate even further with our 7th LNG train.

Do you think the EU is stupid for going to Nigeria because they don't know what we have in the ground or our capacity to sell more to the EU?


Sure, Nigeria can not satisfy EU's total gas needs, but is it not obvious that the EU is sourcing gas from all over the world?

Do we sell our crude to just one customer? I don't get your point.


It is not by force to always hate Nigeria because half of your post is just fluff.

Sourcing doesn’t mean it can replace. You can’t give what you don’t have. EU also went to Qatar and Qatar which produces more natural gas than Nigeria told them it can’t replace Russia and that it can only replace a fraction of what they get from Russia.

Russia owns 25% of global natural gas reserve while Iran owns 17% and Qatar owns 12%. Only Iran and Qatar coming together can replace Russia. And Iran is out of the equation. Also, with Qatar’s fraction, it won’t be that cheap and they’d have to pay almost twice what they’re paying for Russian gas. So, it’s common sense to buy from the cheapest option without the unnecessary overhead - especially for a region that’s almost bankrupt and needs to remain competitive with the emerging powerhouses in Asia. Past glory won’t cut it.

That said, Nigeria is not that relevant in the scheme of things globally when it comes to oil/gas and it’s not a big player. Small countries like Qatar, UAE and Venezuela are more relevant than Nigeria. So, perhaps, people need to stop overstating Nigeria’s relevance and start talking about other things Nigeria can focus on.

Saying the obvious doesn’t mean I hate Nigeria - it’s just the truth. Excessive reliance on insufficient oil wealth is the reason why Nigeria has remained poor with lazy and inept leaders who can’t think beyond oil/gas. The only thing keeping Nigeria afloat is remittance from the millions of Nigeria in diaspora - without that, Nigeria would be bankrupt.

AldrichAmes:


Sourcing doesn’t mean it can replace. You can’t give what you don’t have. EU also went to Qatar and Qatar which produces more natural gas than Nigeria told them it can’t replace Russia and that it can only replace a fraction of what they get from Russia.

Russia owns 25% of global natural gas reserve while Iran owns 17% and Qatar owns 12%. Only Iran and Qatar coming together can replace Russia. And Iran is out of the equation. Also, with Qatar’s fraction, it won’t be that cheap and they’d have to pay almost twice what they’re paying to Russian gas. So, it’s common sense to buy from the cheapest option without the unnecessary overhead - especially for a region that’s almost bankrupt and needs to remain competitive with the emerging powerhouses in Asia. Past glory won’t cut it.

That said, Nigeria is not that relevant in the scheme of things globally when it comes to oil/gas and it’s not a big player. Small countries like Qatar, UAE and Venezuela are more relevant than Nigeria. So, perhaps, people need to stop overstating Nigeria’s relevance and start talking about other things Nigeria can focus on.

Saying the obvious doesn’t mean I hate Nigeria - it’s just the truth. Excessive reliance on insufficient oil wealth is the reason why Nigeria has remained poor with lazy and inept leaders who can’t think beyond oil/gas. The only thing keeping Nigeria afloat is remittance from the millions of Nigeria in diaspora - without that, Nigeria would be bankrupt.

For any country to satisfy their needs, they don't depend on one country to satisfy their needs, they buy from multiple suppliers.

Do we sell our oil to just one country?

Do we sell out gas to just Europe?

With Russia selling gas to the EU, why is the EU still buying 50% of Nigerian gas? Shouldn't they be ok with just Russian gas?

See, you scored your own goal with your illogical and not well-thought-out argument.

lol @ Nigerian the largest producer and exporter of gas in Africa, 9th largest reserve in the world and the 12 largest gas producer in the world is not relevant,?

Did the EU rant to Nigeria to beg for gas because Nigeria is not relevant?

Now you are sounding like a comedian.

And the rest of your post is the same fluff.

plaindealer:



For any country to satisfy their needs, they don't depend on one country to satisfy their needs, they buy from multiple suppliers.

Do we sell our oil to just one country?

Do we sell out gas to just Europe?

With Russia selling gas to the EU, why is the EU still buying 50% of Nigerian gas? Shouldn't they be ok with just Russian gas?

See, you scored your own goal with your illogical and not well-thought-out argument.

lol @ Nigerian the largest producer and exporter of gas in Africa, 9th largest reserve in the world and the 12 largest gas producer in the world is not relevant,?

Did the EU rant to Nigeria to beg for gas because Nigeria is not relevant?

Now you are sounding like a comedian.

And the rest of your post is the same fluff.

Let me break it down for you since it seems you failed maths in school

Nigeria has 2% of global natural gas reserve while Russia has 25%.

Nigeria currently export 50% of its natural gas to Europe and that makes up less than 10% (about 5%) of European natural gas import. While Russia supplies 41% of European natural gas. So even if Nigeria were to break the contract it signed with other countries outside Europe & send all its natural gas export to Europe - it will still be small fraction of what they get from Russia.

How is that too tedious for you to grasp? All the nonsense about rank in Africa is irrelevant.

You’ve always been an unstable airhead, political jobber and a nuisance. And this is my last post to you. I lost IQ points by engaging you.

[s]

AldrichAmes:


Let me break it down for you since it seems you failed maths in school

Nigeria has 2% of global natural gas reserve while Russia has 25%.

Nigeria currently export 50% of its natural gas to Europe and that makes up less than 10% (about 5%) of European natural gas import. While Russia supplies 41% of European natural gas. So even if Nigeria were to break the contract it signed with other countries outside Europe & send all its natural gas export to Europe - it will still be small fraction of what they get from Russia.

How is that too tedious for you to grasp? All the nonsense about rank in Africa is irrelevant.

You’ve always been an unstable airhead and a nuisance. And this is my last post to you.

[/s]


Not interested in the same meaningless and redundant essays.

Nigeria is on the move........

Oga you are here , in Africa talking rubbish without know what is happening, Do you know that there is more demand for Russia oil, The western still buying oil , Uk is still buying Russia and using Malta ship tanker to bring them to the usa , while the one going to the USA turn of the ship tracker.

God1000:
Putin is a drowning man.


Germany has announced that it will stop buying Russia's gas by the end of this year, other European countries will follow suit and that despot in Moscow will have no leverage left

AldrichAmes:




Where will Nigeria and Ghana get the natural gas to replace Russia?

Nigeria currently export almost 50% of its natural gas to Europe and it’s not even up to 10% of European gas import.

Some you just overvalue Nigeria’s oil and gas reserves/resources. Nigeria doesn’t really have much compared to the big players like Russia, Iran, Saudi Arabia, Venezuela, Qatar and UAE. Russia alone owns 25% of global gas reserve. Nigeria can’t replace Russia. And Ghana is irrelevant when it comes to fossil fuel.

This is the reason why smart people know Nigeria is a poor country due to its excessive reliance on oil and gas and overvalued sense of importance when it comes to fossil fuel. It doesn’t even make $60 billion annually from oil and gas export (80% of that money gets stolen by kleptocrats). But countries like Russia and Iran are making over $300billion and over $200billion annually from oil/gas export alone despite sanctions. And they don’t have Nigeria’s huge population.

Let me add that the claim of Nigeria being oil/gas rich is overstated in context of the huge population and oil/gas reserves. The only thing keeping Nigeria afloat is remittance from Nigerian diaspora. Nigeria is basically the African version of Pakistan.

Great analysis!!!

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God1000:
Putin is a drowning man.


Germany has announced that it will stop buying Russia's gas by the end of this year, other European countries will follow suit and that despot in Moscow will have no leverage left

Before they the war will end everything will go back to normal bro.

plaindealer:



Obviously, with your meager, ignorant and unintelligent contribution, the highlighted is what you see in the mirror every morning.

still pained by the knuckle sandwich I dished on your ugly face the last time....which one concerns me sef! you hapless Africans should stop fawning over your slavemasters from the western nations! By the way I find you a very annoying and ill bred yoruba boy...just sayin.

[s]

ebufa:




still pained by the knuckle sandwich I dished on your ugly face the last time....which one concerns me sef! you hapless Africans should stop fawning over your slavemasters from the western nations! By the way I find you a very annoying and ill bred yoruba boy...just sayin.

[/s]


Not interested in your ignorant rubbish.

ebufa:




still pained by the knuckle sandwich I dished on your ugly face the last time....which one concerns me sef! you hapless Africans should stop fawning over your slavemasters from the western nations! By the way I find you a very annoying and ill bred yoruba boy...just sayin.

The guy is in his 40s and he’s a man-child who has refused to grow and act his age. That’s what illiteracy in a 3rd world country can do to your brain. Apart from slurping the ancient and corrupt dementia having Tinubu - the man-child is an utter waste of human flesh.

Most of these dumb African idiots don’t even understand the ramifications of the Ukrainian fall out. Africa is underdeveloped due to western countries and it’s by design. To finally see a country stand up to them, especially the US, which is the head of the snake - should be a thing of joy to most Africans. But some of these fools can’t see beyond their noses.

A broken US/western hegemony would put everyone on equal footing and brown/black people that have been systematically destroyed by the west would be able to make the normal progression by doing business without interference. And people ought to be lauding Russia for the sacrifices it’s making.

Most of these idiots don’t even know that NATO was created by the Nazis American assimilated after WW2 and the first NATO Secretary General was a Nazi general. Even the current head of NATO has Nazi lineage ditto the German chancellor and head of EU. Also a lot of the brain behind US foreign policy from Kissinger, to Albright, to Zbigniew Brzerinski have Nazi lineage. Add the Bush family who made money from doing business with Hitler to it. The US and Zionists running Israel have basically been using Nazi playbook since the end of WW2 hence both countries are killing machines against non-white people.

The problem with these idiots is that they don’t read - they just slurp dumb propaganda that has kept their people perpetually poor and disenfranchised and regurgitate the same nonsense brazenly.

ariesbull:
don't you know that majority of Nigerians are destinied to serve the west... And most of them are from that side we know that talk too much!

It's so annoying..when u talk now they will start ranting about visa This, Visa that
I Think they All suffering from inferiority complex

People don't read and comprehend, they will pay in Europe, then Russia will convert to rubbles.

cl0r0x:
People don't read and comprehend, they will pay in Europe, then Russia will convert to rubbles.

Abio...

How hard is basic English to understand.

The article sef is self explanatory.


They found a way to pay for gas without violating their own sanctions.

Violating sanctions means paying for Russian gas with rubbles so to avoid violating their sanctions, they pay Russian Bank in Euro and Dollars. Converting the payment into rubbles is Russia's business, not EU business.


It's like me paying you for goods sold and you gave me your bank details to pay into with my Naira but you converted the Naira payment into rubbles and still want to claim that you were paid in rubbles when in fact the payment done in Naira.


You have to be mentally dubious and delusional to claim otherwise.

Even Russia won't say they are being paid in rubbles, just they ignorant people on NL and olodo Nigerian youths.

[s]

AldrichAmes:


The guy is in his 40s and he’s a man-child who has refused to grow and act his age. That’s what illiteracy in a 3rd world country can do to your brain. Apart from slurping the ancient and corrupt dementia having Tinubu - the man-child is an utter waste of human flesh.

Most of these dumb African idiots don’t even understand the ramifications of the Ukrainian fall out. Africa is underdeveloped due to western countries and it’s by design. To finally see a country stand up to them, especially the US, which is the head of the snake - should be a thing of joy to most Africans. But some of these fools can’t see beyond their noses.

A broken US/western hegemony would put everyone on equal footing and brown/black people that have been systematically destroyed by the west would be able to make the normal progression by doing business without interference. And people ought to be lauding Russia for the sacrifices it’s making.

Most of these idiots don’t even know that NATO was created by the Nazis American assimilated after WW2 and the first NATO Secretary General was a Nazi general. Even the current head of NATO has Nazi lineage ditto the German chancellor and head of EU. Also a lot of the brain behind US foreign policy from Kissinger, to Albright, to Zbigniew Brzerinski have Nazi lineage. Add the Bush family who made money from doing business with Hitler to it. The US and Zionists running Israel have basically been using Nazi playbook since the end of WW2 hence both countries are killing machines against non-white people.

The problem with these idiots is that they don’t read - they just slurp dumb propaganda that has kept their people perpetually poor and disenfranchised and regurgitate the same nonsense brazenly.

[/s]



Utter rubbish and puerile conspiracy theory nonsense.. At your old age you are still peddling conspiracy theory. lol.

This is how you people fail WAEC.

If WAEC ask what currency you collect from EU after collecting Euros and Dollars from EU, you go just write rubbles because you converted the Euros and Dollars into rubbles.. you don chop F-9 be that..

How old are you gan sef? You must have skipped elementary school..

AldrichAmes:


The guy is in his 40s and he’s a man-child who has refused to grow and act his age. That’s what illiteracy in a 3rd world country can do to your brain. Apart from slurping the ancient and corrupt dementia having Tinubu - the man-child is an utter waste of human flesh.

Most of these dumb African idiots don’t even understand the ramifications of the Ukrainian fall out. Africa is underdeveloped due to western countries and it’s by design. To finally see a country stand up to them, especially the US, which is the head of the snake - should be a thing of joy to most Africans. But some of these fools can’t see beyond their noses.

A broken US/western hegemony would put everyone on equal footing and brown/black people that have been systematically destroyed by the west would be able to make the normal progression by doing business without interference. And people ought to be lauding Russia for the sacrifices it’s making.

Most of these idiots don’t even know that NATO was created by the Nazis American assimilated after WW2 and the first NATO Secretary General was a Nazi general. Even the current head of NATO has Nazi lineage ditto the German chancellor and head of EU. Also a lot of the brain behind US foreign policy from Kissinger, to Albright, to Zbigniew Brzerinski have Nazi lineage. Add the Bush family who made money from doing business with Hitler to it. The US and Zionists running Israel have basically been using Nazi playbook since the end of WW2 hence both countries are killing machines against non-white people.

The problem with these idiots is that they don’t read - they just slurp dumb propaganda that has kept their people perpetually poor and disenfranchised and regurgitate the same nonsense brazenly.

It is tear jerking to see how foolish and ignorant our youth have become! The Nigerian youth need to be completely re-educated.......