₦airaland Forum

The gain una no tell person, na the loss una dey talk about. Swerve abeg.

erniok:
Did you even bother to read the article?

Yes, what do you think caused the drop in production? Oil theft, a major reason. I am from the Niger Delta and Ijaw. When I give you information about the oil and gas industry, am doing so with a deep knowledge in the system.

Bsg

Same story.

What has the government done about it?

saintopus:
Yes, what do you think caused the drop in production? Oil theft, a major reason. I am from the Niger Delta and Ijaw. When I give you information about the oil and gas industry, am doing so with a deep knowledge in the system.

If this is an exam, you'd fail and still complain the lecturer hates you despite doing so well. This has nothing to do with deregulation regardless of your locality.

As it is now, state govt won't be able to carry out its duties because of lack of fund! Na now una go no say "una buy market abi una fetch firewoods full of ants. "

And some people want the status quo to continue.

Oh Lord!!
...as if we have ever benefited from it

ijustdey:
— as production slumps by 11.63 million barrels



https://punchng.com/nigeria-lost-n500-6bn-crude-oil-in-five-months-investigation/

I thought saint buhari is the minister of petroleum. They should ask him

NGArmyTerrorist:
As it is now, state govt won't be able to carry out its duties because of lack of fund! Na now una go no say "una buy market abi una fetch firewoods full of ants. "

When it comes to stealing, there's never lack of funds

kponkedenge:
I wonder where EFCC is in times like this.

If EFCC were really effective, they will be arresting Nigerian politicians on a daily basis, because the corruption is just too much.

For security of its tenure, every administration appoints EFCC chairman to hound its opponents, deter would be opponets, that's mainly what EFCC is there for.

All this government supporters shouting subsidy upandan, shey na brain una no get or using it is the problem??

Simply diversify the economy and let other sectors function competitively, we have the agro sector, tech, even real estate, all this and many more could help cushion the adverse effects of whatever revolution we might be planning in the oil industry

But, our own is to consume, consume and consume.

You know we like to complain and expect white man to solve our problems. If we know what 500 billion will do for our roads, education, health, even pension.

kponkedenge:
I wonder where EFCC is in times like this.

If EFCC were really effective, they will be arresting Nigerian politicians on a daily basis, because the corruption is just too much.

Those ones are looking for yahoo boys in Abeokuta.
They're busy releasing memos for landlords instead of doing their job very useless agency

CheapHomes1:
When it comes to stealing, there's never lack of funds

My brother, leave the country matter and hustle for yourself and your family shikina! If you carry am for head, you won't last long.

MrWondah:
No wonder boys are making 3-500k daily on illegal refinery

boys be making 300k daily
and men be making 3m daily

And baba Buhari is flying around everywhere while Nigeria is in comatose.

Peter Obi is the only answer to the unfortunate crisis we found ourselves

Vote Peter Obi

The Minister of Petroleum needs to be held accountable for this gross mismanagement.

And yet none of those men handling that department will be jailed for years, rather they'll go away with it.

Sniper101:
boys be making 300k daily
and men be making 3m daily

Na mind o. Who no get mind no fit invest o

Oil production has dropped.. He has not addressed that problem but instead talking of drilling new wells to take advantage of current spike in oil price. I really believe this country needs someone like Wike to be President.... who will throw a fool like this down an oil well.

saintopus:
What do you understand by deregulation of the downstream oil sector. See when they deregulate investors will invest creating more jobs. There may not be much oil theft if there are jobs for the youths

I put it to you that it's not the youth stealing the oil. The same people who are telling you that oil is stolen are the people stealing it. Those in govt are the key oil bunkers. Do you know they use cargo ships to steal Nigerian crude at the high sea? You think it's the man on the street that does that?Is there any other country in this world where you hear of crude oil theft? There cannot be crude oil theft if the govt is not involved. Did they not say they've FULLY deregulated AGO and DPK? How much is a litre of both now? If Nigeria out of hate and tribalism fails to get Peter Obi come 2023, they will see their own ears in the coming years.

Lost who is benefiting from this

What did they do with the money when revenues where high?

Right now it is above $100

Someone is building an excuse for corruption

And ASUU is just asking for 18billion very sad......

President Buhari

JosephXavier:
Who is the Minister for petroleum?

He should be held accountable or should resign from his post if he is incompetent to the task he is supposed to carry out

You're not elected to be junketing from one country to another while you couldn't protect the only source of income of the country while refusing to invest in other potential sectors that would have helped the growth of the nation's economy

president buhari gcfr

JosephXavier:
Who is the Minister for petroleum?

He should be held accountable or should resign from his post if he is incompetent to the task he is supposed to carry out

You're not elected to be junketing from one country to another while you couldn't protect the only source of income of the country while refusing to invest in other potential sectors that would have helped the growth of the nation's economy

The headline continues...

Meanwhile the bubu fellow northern administration don pack our money go.


Fuvk administration failed Nation