Mr Obi has started his lieing campaign again.

In a top post on nairaland, Obi said

In July Nigeria did not supply 717,000 barrels per day out of its 1.8 million bpd quota.

He stated that this amounted to lost revenue of $22,227,000 daily at the rate of $110 per barrel which in a month totaled over $2.4Billion.

https://www.nairaland.com/7339252/peter-obi-exposes-crude-oil

A simple google research will give the accurate figure.

Nigeria sells 3 type of crude oil

They are bonny light , que ibo and brass river

Each of them are sold in the international market for different prices.

Bonny light is $93.40 per barrel
Que ibo and brass river is $96.38

In july, nigeria supplied 1.31 million out of its 1.8 m quota.

If you do the math, Nigeria was not able to meet the quota by 490k

According to the cable, in march, Timipre Sylva, minister of state for petroleum resources, had said poor investment and the exit of oil majors were affecting Nigeria’s ability to meet the oil production quota.

https://www.thecable.ng/nigerias-oil-production-decreased-to-1-08m-b-d-in-july/amp

In terms of revenue, we don't know know the actual figure because of nnpc didn't give update

But the reality of the matter is that fuel subsidy claim is more than the oil revenue we receive

according to the cable,

Within the period, NNPC recorded N2.39 trillion as gross revenue from oil and gas sales receipts and N2.6 trillion as subsidy claims. It, however, deducted N1.59 trillion to cover part of the subsidy costs.

https://www.thecable.ng/exclusive-nigerias-revenue-crossed-n1trn-for-the-second-month-in-july/amp

.

Don't mind the mischievous OP

Gentino:


OP you're so mischievous, why didn't you state the date of your stats so that we will go to Google and verify.

The status quo can not continue!
A better Nigeria is POssible with Peter Obi.

The date is today

This is the site for checking international oil price

https://oilprice.com/oil-price-charts/

thebosstrevor1:


The date is today

This is the site for checking international oil price

https://oilprice.com/oil-price-charts/

Peter Obi clearly said the price as at July.
But as usual you guys will use today's price hljust to discredit a very important message.

I was expecting you to debunk that government officials are among those stealing our oil. That should be the crux of the matter.

MasterJayJay:


I was expecting you to debunk that government officials are among those stealing our oil. That should be the crux of the matter.

Whenever we tell people that agbadorians are senseless they shiver in doubt but just look at it here

See the op querying the price of barrels instead of pinpointing who exactly is stealing the largess from our crude sales. It’s like them use this ‘fact check’ of a thing swear for these people from the land of the fallen Cassavanis

Joevics:

Peter Obi clearly said the price as at July.
But as usual you guys will use today's price hljust to discredit a very important message.

his data isn't also accurate for july

Oil price fluctuates alot

in July 2022

Qua ibo was about - $120 per barrel
brass river was $127
bonny light was $119

Brent crude price

thebosstrevor1:


his data isn't also accurate for july

Oil price fluctuates alot

in July 2022

Qua ibo was about - $120 per barrel
brass river was $127
bonny light was $119

It means Nigeria lost more than the figures Peter Obi quoted !! Chai

Lmao, does any of this matter, country is being stolen blind.
And na only this one you care for.

Anyway Atiku is coming to end all this

MasterJayJay:


I was expecting you to debunk that government officials are among those stealing our oil. That should be the crux of the matter.

It is no news, every government blame officials for stealing

it is nothing new, it is a piece of old news repeated daily by every government and every one campaigning

It is good that you are sweating up and down to verify accurate numbers.

This is a good development for our country.

Many of you people believed the APC tales when they claimed that the price of oil was over $100p/b for 16 years.

kcnwaigbo:

It means Nigeria lost more than the figures Peter Obi quoted !! Chai

it also means he is a liar

because is fact are not accurate

almost all the revenue from oil according to nnpc data was used to settle oil subsidy

I am sure you missed that

thebosstrevor1:


his data isn't also accurate for july

Oil price fluctuates alot

in July 2022

Qua ibo was about - $120 per barrel
brass river was $127
bonny light was $119

Stop indicting yourself you urchin. Nigeria even lost more as obi used the minimum average price as at July

thebosstrevor1:


It is no news, every government blame officials for stealing

it is nothing new, it is a piece of old news repeated daily by every government and every one campaigning

This is one of the worst maladies ever to befall this country.Stealing right from the source.We never believed crude oil will ever return to over $100 per barrel yet here we are and Nigeria is not benefitting anything from it!! Gosh.

thebosstrevor1:


it also means he is a liar

because is fact are not accurate

almost all the revenue from oil according to nnpc data was used to settle oil subsidy

I am sure you missed that

Biko shut up!! It is called estimates.It doesn't have to be precise as he did not carry out a comprehensive audit or assessment

Chai APC has actually killed and finished this country more than we even thought.

thebosstrevor1:

it also means he is a liar

because is fact are not accurate


almost all the revenue from oil according to nnpc data was used to settle oil subsidy

I am sure you missed that

But aren’t you not the same person who wrote up above that ‘the price of crude changes every day? ‘

So because it was $110 yesterday and it’s $115 today and it can become $95 tomorrow makes someone like Peter Obi a liar for quoting the average price of the commodity?

Chai!

thebosstrevor1:
Mr Obi has started his lieing campaign again.

In a top post on nairaland, Obi said

In July Nigeria did not supply 717,000 barrels per day out of its 1.8 million bpd quota.

He stated that this amounted to lost revenue of $22,227,000 daily at the rate of $110 per barrel which in a month totaled over $2.4Billion.

https://www.nairaland.com/7339252/peter-obi-exposes-crude-oil

A simple google research will give the accurate figure.

Nigeria sells 3 type of crude oil

They are bonny light , que ibo and brass river

Each of them are sold in the international market for different prices.

Bonny light is $93.40 per barrel
Que ibo and brass river is $96.38

In july, nigeria supplied 1.31 million out of its 1.8 m quota.

If you do the math, Nigeria was not able to meet the quota by 490k

According to the cable, in march, Timipre Sylva, minister of state for petroleum resources, had said poor investment and the exit of oil majors were affecting Nigeria’s ability to meet the oil production quota.

https://www.thecable.ng/nigerias-oil-production-decreased-to-1-08m-b-d-in-july/amp

In terms of revenue, we don't know know the actual figure because of nnpc didn't give update

But the reality of the matter is that fuel subsidy claim is more than the oil revenue we receive

according to the cable,

Within the period, NNPC recorded N2.39 trillion as gross revenue from oil and gas sales receipts and N2.6 trillion as subsidy claims. It, however, deducted N1.59 trillion to cover part of the subsidy costs.

https://www.thecable.ng/exclusive-nigerias-revenue-crossed-n1trn-for-the-second-month-in-july/amp

Your own link for July says 1.08M barrel of crude oil was supplied. We therefore had a short fall of 720,000 barrel from 1.8M daily allocation. July crude oil price per barrel was over $110 on the average. Going by this data, I think Peter Obi was right with his estimation for July.

https://www.thecable.ng/nigerias-oil-production-decreased-to-1-08m-b-d-in-july/amp

thebosstrevor1:


it also means he is a liar

because is fact are not accurate

almost all the revenue from oil according to nnpc data was used to settle oil subsidy

I am sure you missed that

And you have fact checked they really use that money for oil subsidy and not for FRAUD?

Clap for yourself!!

ObosiUkwalla:


Stop indicting yourself you urchin. Nigeria even lost more as obi used the minimum average price as at July

As in ehn . . .

The guy has truly lost it. Imagine shooting himself and buhari in the foot just to try and tarnish Peter Obi’s image

Such a futile waste of sperm and 9 months labor by his parents.

Great2017:

Your own link for July says 1.08M barrel of crude oil was supplied. We therefore had a short fall of 720,000 barrel from 1.8M daily allocation. July crude oil price per barrel was over $110 on the average. Going by this data, I think Peter Obi was right with his estimation for July.

https://www.thecable.ng/nigerias-oil-production-decreased-to-1-08m-b-d-in-july/amp

You are right bro

Great2017:

Your own link for July says 1.08M barrel of crude oil was supplied. We therefore had a short fall of 720,000 barrel from 1.8M daily allocation. July crude oil price per barrel was over $110 on the average. Going by this data, I think Peter Obi was right with his estimation for July.

https://www.thecable.ng/nigerias-oil-production-decreased-to-1-08m-b-d-in-july/amp

in the article it is written

With the addition of condensate, oil output in July grew to a total of 1.31 million bpd from 1.40 million posted last month.

Urchins can defend anything

They still end up fooling themselves

Urchins will never fail to amaze you.I am sure he didn't even bother to open the link he posted himself!! OP continue fooling yourself

thebosstrevor1:


his data isn't also accurate for july

Oil price fluctuates alot

in July 2022

Qua ibo was about - $120 per barrel
brass river was $127
bonny light was $119

Oga. Oil prices, just like share prices moves up and down every day. So I don't know what you are tryibg to prove.

thebosstrevor1:


in the article it is written

With the addition of condensate, oil output in July grew to a total of 1.31 million bpd from 1.40 million posted last month.

We are talking about crude oil and not condensate.

Joevics:

Oga. Oil prices, just like share prices moves up and down every day. So I don't know what you are tryibg to prove.

Whatever he is trying to prove, he ended up indicting APC and showing how they have been stealing Nigeria dry

Dont mind the op, he is one of Obi's monitoring spirit waiting for him to make mistake so they can rejoice

thebosstrevor1:
All i know is peter obi is a liar, a thief and akso part of the people who destroyed Nigeria

see as you just disgraced yourself on this thread