NNPC Declares State Of Emergency On Oil Production - Politics (3)

NNPC Declares State Of Emergency On Oil Production - Politics (3) - Nairaland

Nairaland Forum › Nairaland General › Politics › NNPC Declares State Of Emergency On Oil Production (22047 Views)

Re: NNPC Declares State Of Emergency On Oil Production by Archtype(m): 12:03am On Jul 03, 2024

It is obvious that this country is finished... Buhari dragged this country to stone age and Tinubu is continuing from where he stopped just as he promised us... Buhari Borrowed the future with our future oil revenue, and right now those he borrowed from are taking our oil for free with past reduced oil benchmark.

Re: NNPC Declares State Of Emergency On Oil Production by kenex4ever(m): 12:44am On Jul 03, 2024

Scam.

Just to remain in office to loot further. You know what to do and you have not done it since you came to office.
All the facilities nnpc took over from IOCs are being ran to failure.

1 Like

Re: NNPC Declares State Of Emergency On Oil Production by Konquest: 12:49am On Jul 03, 2024

Islie:
https://punchng.com/just-in-nnpcl-declares-state-of-emergency-on-oil-production/?amp

Re: NNPC Declares State Of Emergency On Oil Production by Konjiboii: 1:44am On Jul 03, 2024

Suppose Peter Obi been become president all this loopholes for every agency for seize , baba for grab them by the balls *pause* . You must surely work for your daily bread and reap your daily worth.

1 Like

Re: NNPC Declares State Of Emergency On Oil Production by Bluntemperor: 3:09am On Jul 03, 2024*

Usmanovic95:
Can someone please tell me what would have been our faith if crude oil wasn't discovered. How can a top oil producing nation be experiencing this sort of issues, are we under a spell or what?

GBAM!
True Talk!
The MADs-Min,Agencies and Depts in Nigeria were created Not to make positive impacts on the People or Masses, but for personal gains and Corruption!,e.g Air Nigeria, NNPC, DISCOS/ NEPA etc.
No Light,No Fuel,No Infrastructures-Roads,Rail,) No Health Care Delivery Facilities,No Job /Employments for the Youths but the Government ( local Govt-,States and Federal are having Homongous Money,yet the Masses are Suffering.
Very Shameful!

Re: NNPC Declares State Of Emergency On Oil Production by dalongjnr: 6:04am On Jul 03, 2024

I told someone that Nigeria is producing over 2,000,000 barrels of oil but someone was telling me rubbish!
They are only under declaring the daily production.

1 Like

Re: NNPC Declares State Of Emergency On Oil Production by sulaak(m): 8:07am On Jul 03, 2024

Konjiboii:
Suppose Peter Obi been become president all this loopholes for every agency for seize , baba for grab them by the balls *pause* . You must surely work for your daily bread and reap your daily worth.

Nigeria's problem is beyond a PO (Cult of Personality); Nigeria is ruled by a state-captured oligarchy and structure that places the country in the hands of a few cabal.

Re: NNPC Declares State Of Emergency On Oil Production by Ojuntana: 9:50am On Jul 03, 2024

ednut1:
https://www.nairaland.com/7994425/forex-crisis-crude-oil-sold

https://www.reuters.com/markets/commodities/afreximbank-disburses-925-million-crude-oil-backed-loan-nigerias-nnpc-2024-06-06/#:~:text=ABUJA%2C%20June%206%20(Reuters),trade%20bank%20said%20on%20Thursday. Under tinubu

Always read links you post.

The first one is just Kwara Gov saying whatever he likes to defend govt incompetence

The second is money borrowed by this same adminand it was borrowed by NNPCL not FG per se

Re: NNPC Declares State Of Emergency On Oil Production by ednut1(m): 9:56am On Jul 03, 2024

Ojuntana:
Always read links you post.

The first one is just Kwara Gov saying whatever he likes to defend govt incompetence

The second is money borrowed by this same adminand it was borrowed by NNPCL not FG per se

FG and NNPC are they not the same? Who appoints the ogas at NNPC? . Does NNPC not remit funds to Federation account?

Re: NNPC Declares State Of Emergency On Oil Production by Ojuntana: 10:33am On Jul 03, 2024

ednut1:
FG and NNPC are they not the same? Who appoints the ogas at NNPC? . Does NNPC not remit funds to Federation account?

Yeah they do. But NNPCL is a separate entity from FG they looks after FG interests in oil and gas sector.
The said loan was taken by this administration and what you have is a collateral set to 90k barrels. It was in the news then. It is a far cry from your claim that the previous govt took money for oil to be sold in future

Re: NNPC Declares State Of Emergency On Oil Production by ednut1(m): 11:30am On Jul 03, 2024

Ojuntana:
Yeah they do. But NNPCL is a separate entity from FG they looks after FG interests in oil and gas sector.
The said loan was taken by this administration and what you have is a collateral set to 90k barrels. It was in the news then. It is a far cry from your claim that the previous govt took money for oil to be sold in future

Separate entity my foot, FG still owns majority of the NNPC shares. Did NNPCL do any public IPO huh

Stop being dishonest here . Tinubu still has the power to sack Kyari.
https://www.premiumtimesng.com/opinion/648559-why-tinubu-retained-kyari-as-nnpc-limiteds-group-ceo-by-ifeanyi-onuba.html?tztc=1

Re: NNPC Declares State Of Emergency On Oil Production by Ojuntana: 11:52am On Jul 03, 2024

ednut1:
Separate entity my foot, FG still owns majority of the NNPC shares. Did NNPCL do any public IPO Stop being dishonest here . Tinubu still has the power to sack Kyari.
https://www.premiumtimesng.com/opinion/648559-why-tinubu-retained-kyari-as-nnpc-limiteds-group-ceo-by-ifeanyi-onuba.html?tztc=1

Ok then. I agree with you. But the loan was taken under Tinubu and not Buhari

Re: NNPC Declares State Of Emergency On Oil Production by Konjiboii: 8:22am On Jul 04, 2024

sulaak:
Nigeria's problem is beyond a PO (Cult of Personality); Nigeria is ruled by a state-captured oligarchy and structure that places the country in the hands of a few cabal.

Presently there’s no one else trustworthy enough except Peter Obi that can destabilize that structure, they know this and that’s why they fought tooth and nail so that won’t happen.

Re: NNPC Declares State Of Emergency On Oil Production by sulaak(m): 12:39pm On Jul 04, 2024

Konjiboii:
Presently there’s no one else trustworthy enough except Peter Obi that can destabilize that structure, they know this and that’s why they fought tooth and nail so that won’t happen.

I am sorry, but a PO who can't convince the SE, North, and South West elites to support him will disrupt an economic structure that benefits a cabal. Why do you think Mele Kyari is still the head of NNPC despite its shocking performance? Under his watch, Nigeria's oil exports dropped to under 1 million barrels per day for the first time in 50 years.

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