Japan, France, Italy, South Korea and Switzerland are amongst the richest countries in the world, yet none of them have oil. They have something more precious than that, they have human resource

The average Nigerian and Nigerian politician cannot think beyond oil. For them, oil and gas is everything. Yet for all the oil and gas Nigeria has sold for over 50 years, things have steadily gotten worse

Even as the world turns away from oil to renewable energy, even as Europe bans petrol and diesel cars in 2030, the average Nigerian still thinks that oil is life.

Less than 20 years from now, much of the developed world will be running electric vehicles, a barrel of crude oil wont be worth anything, but oil is the king in Nigeria . Yet all the oil Nigeria has sold, Nigeria is heavily in debt

The Nigerian is caged by the mindset of oil. If Nigeria did not become rich from Oil in the 70's and 80's, it is not now it is on its way out it will make Nigeria rich

A single US company such as Apple sometimes makes more gadget sales than Nigeria makes on oil sales. A country like Netherlands makes more exporting agricultural products than Nigeria makes exporting oil.

Dubai was a Desert Kingdom that found oil, they put all their money into tourism and hospitality and have become king of that area, that they no longer need oil to survive

Oil took Nigeria backwards, far backwards

Then why not leave the oil to the owners and go back to your farm?

Why do we point fingers to the wrong directions?


Oil is a blessing.....


It's a wealth and can never be the reason why we are backward.


People who took over to be in charge of the oil, took advantage of it.


If Nigeria was working, those people would've been destroyed or sentenced to death by mob and jungle justice. So that every Nigerian will have access to the flesh for putting them into hardship...

It's neocolonialism not oil. We are not given the freedom and opportunity to determine our fate in critical decisions of national interest.

Abagworo:
It's neocolonialism not oil. We are not given the freedom and opportunity to determine our fate in critical decisions of national interest.

African man and ready excuses for their colossal failures.

DUTCH DISEASE

Dutch disease is a concept that describes an economic phenomenon where the rapid development of one sector of the economy (particularly natural resources) precipitates a decline in other sectors. It is also often characterized by a substantial appreciation/depreciation of the domestic currency.

gidgiddy:
Japan, France, Italy, South Korea and Switzerland are amongst the richest countries in the world, yet none of them have oil. They have something more precious than that, they have human resource

The average Nigerian and Nigerian politician cannot think beyond oil. For them, oil and gas is everything. Yet for all the oil and gas Nigeria has sold for over 50 years, things have steadily gotten worse

Even as the world turns away from oil to renewable energy, even as Europe bans petrol and diesel cars in 2030, the average Nigerian still thinks that oil is life.

Less than 20 years from now, much of the developed world will be running electric vehicles, a barrel of crude oil wont be worth anything, but oil is the king in Nigeria . Yet all the oil Nigeria has sold, Nigeria is heavily in debt

The Nigerian is caged by the mindset of oil. If Nigeria did not become rich from Oil in the 70's and 80's, it is not now it is on its way out it will make Nigeria rich

A single US company such as Apple sometimes makes more gadget sales than Nigeria makes on oil sales. A country like Netherlands makes more exporting agricultural products than Nigeria makes exporting oil.

Dubai was a Desert Kingdom that found oil, they put all their money into tourism and hospitality and have become king of that area, that they no longer need oil to survive

Oil took Nigeria backwards, far backwards

Your wrong , check Norway . They produced same amount of oil NIGERIA produce but their oil earning is x4 of what NIGERIA earns. Corruption is killing NIGERIA.

Before discovering of oil, Nigeria was doing well in Agriculture.
I think oil discovery is the issue alongside bad leaders and neo colonialization.

JASONjnr:
Why do we point fingers to the wrong directions?


Oil is a blessing.....


It's a wealth and can never be the reason why we are backward.


People who took over to be in charge of the oil, took advantage of it.


If Nigeria was working, those people would've been destroyed or sentenced to death by mob and jungle justice. So that every Nigerian will have access to the flesh for putting them into hardship...

His line of thought is similar to those blaming colonialists for all our woes. Yes they cretaed some, compounded others even, but the actual blame is on us.

It is the same oil that Saudi, Kuwait, Bahrain, Oman and the gulf countries got and made the best out of while we are still here blaming and cursing.