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Revealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsRevealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil (732 Views)

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Revealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil by UHLmoving(op):

https://www.youtube.com/watch?v=ukvPwEkV2y4

Nigeria produces 2 million barrels of oil every day.

And a barrel is sold for 87 dollars.

2,000, 0000 times 87 dollars

Equals

$174,000,000 US Dollars Daily!

Where is the money going to?

And yet they are still borrowing.
Re: Revealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil by mightyhazel: 4:50pm On Apr 04, 2024
My Goodness

Only Oil o
Re: Revealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil by helinues: 4:51pm On Apr 04, 2024
Illiteracy na bad thing oo

How much for exporting and importing to refine the crude oil?

It be like you guys just finished from your WhatsApp group. Second thread within 30 mins
Re: Revealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil by UHLmoving(op): 4:56pm On Apr 04, 2024
helinues:
Illiteracy na bad thing oo

How much for exporting and importing to refine the crude oil?

It be like you guys just finished from your WhatsApp group. Second thread within 30 mins
Listen to yourself.

GEJ and Buhari made similar expenses but still were able to maintain a fair economy and increase our foreign reserve.
Re: Revealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil by Misterone: 5:00pm On Apr 04, 2024
How can you calculate profit without deducting cost price! So you think the FG will also collect money belonging to the IOC's!
Re: Revealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil by helinues: 5:01pm On Apr 04, 2024
UHLmoving:
Listen to yourself.

GEJ and Buhari made similar expenses but still were able to maintain a fair economy and increase our foreign reserve.
Able to maintain the economy with how much debt?

How much have this current government borrowed?

How much debt have they serviced?

Comparing the predecessors, how much debt have they accumulated within their first year in office compare to President Tinubu's first year in office
Re: Revealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil by Ozommadu: 5:02pm On Apr 04, 2024
helinues:
Illiteracy na bad thing oo

How much for exporting and importing to refine the crude oil?

It be like you guys just finished from your WhatsApp group. Second thread within 30 mins
Yet fuel at #145 in 2012 was not okay for you and your Apc crew??

Why must you talk jargonshuh
Re: Revealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil by helinues: 5:05pm On Apr 04, 2024
Ozommadu:
Yet fuel at #145 in 2012 was not okay for you and your Apc crew??

Why must you talk jargonshuh
Yeah because Apc was in power in 2012.

Stop the incoherency on my mentions
Re: Revealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil by Ozommadu: 5:13pm On Apr 04, 2024
helinues:
Yeah because Apc was in power in 2012.

Stop the incoherency on my mentions
What did your Buhari and tinupoo improve since they assume power??

You should be ashamed of yourself
Re: Revealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil by Jogs1900: 5:15pm On Apr 04, 2024
helinues:
Illiteracy na bad thing oo

How much for exporting and importing to refine the crude oil?

It be like you guys just finished from your WhatsApp group. Second thread within 30 mins
You dey see am.. Opening thread anyhow ...Even our daily oil exploration is not even up to 2m barrels
Re: Revealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil by Chicagograduate(m): 5:51pm On Apr 04, 2024
Yet,we don't see the lives of the people or the infrastructure improved.
Re: Revealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil by Reflect7: 5:56pm On Apr 04, 2024
Misterone:
How can you calculate profit without deducting cost price! So you think the FG will also collect money belonging to the IOC's!
IT IS CALLED ILLITERACY.

WHEN ILLITERATES ARE GIVEN FREE INTERNET ACCESS, THAT IS WHAT YOU GET.

He omitted cost price, shipping costs, and most importantly, the Production Sharing Agreement between the IOCs and the FG, which virtually cuts the ‘$174 million’ in HALF!
Re: Revealed! Nigeria Makes $174 Million Dollars Daily From Crude Oil by Mynd44(mod): 6:24pm On Apr 04, 2024

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