Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude (5959 Views)
| Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by AnonPoet(op): 12:27pm On Apr 08 |
The Nigerian National Petroleum Company Limited (NNPCL) has marked a major milestone in the country’s oil industry with the successful export of a new crude oil grade, Cawthorne, aimed at enhancing Nigeria’s production capacity and global market presence.https://applesbite.com/nigeria-achieves-new-oil-export-milestone-with-launch-of-cawthorne-crude/
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| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by Gbadugbakun(m): 12:45pm On Apr 08 |
Something that the common man wouldn't feel the impact so what's the need. |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by joyd200: 12:45pm On Apr 08 |
6Commenting on the milestone, NNPC Group Chief Executive Officer Bashir Bayo Ojulari praised the reforms introduced by President Bola Ahmed Tinubu, attributing the achievement to government policy, effective stakeholder collaboration, and |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by joyd200: 12:46pm On Apr 08 |
Commenting on the milestone, NNPC Group Chief Executive Officer Bashir Bayo Ojulari praised the reforms introduced by President Bola Ahmed Tinubu, attributing the achievement to government policy, effective stakeholder collaboration, and |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by chipet67(m): 12:46pm On Apr 08 |
How e go take benefit mama Funke the pepper seller? |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by nairalanda1(m): 12:47pm On Apr 08 |
Gbadugbakun:Let's be honest, common man cannot feel impact of crude oil, because Nigeria is not producing, and has never produced the amount of crude that we need to give everybody a good life. (Note that I did not say that there is no corruption or that government is good, and that tinubu na good leader, so don't go there). Income from crude is not even enough to provide for one to three states. And yet, that's where 80% of our income comes from. Even if Nigeria goes up to 10million bpd , it won't improve our life much The thing that sane nations with saner climes have is a diversified industrial economy that works and a massive tax system that pays into the welfare system, among other things. Countries that rely only on oil, like Saudi and Bahrain and Qatar, can afford to do so because their populations are tiny, and they run the risk of becoming broke if oil prices crash. Where all your governments have been failing is that they have not developed a diversified industrial exporting economy for Nigeria. Especially APC which promised that in 2015, and has not effing delivered, which is why tinubu is weak Instead, everyone has been following Awo's lead. Sell raw materials and share money, which leads to a situation where the money would never be enough and where stealing happens at the highest level because the closer one is to where the sharing happens is wheere stealing happens. And even if there is no stealing, oil revenue, before we start talking about allocating money, is not up to 150 billion dollars...and most of the time it is below 100 dollars. Nigeria needs something like at least 500 billion dollars revenue for budget issues and so forth. But since governments no dey wan make us like serious nations, here we are. |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by chipet67(m): 12:47pm On Apr 08 |
joyd200: joyd200:No dey rush. FTC is not by power. |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by KhalifaJay(m): 12:47pm On Apr 08 |
Lunatics !!! How will the reform reach the citizens down below. The only thing they do is to enrich and travel around the world Idiats |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by brain54(m): 12:47pm On Apr 08 |
Na so so mile stone wey no dey translate to anything positive... In the lives of the common man these ones dey achieve. Radarada!
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| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by fabolouz1(m): 12:48pm On Apr 08 |
Despite all these milestones recorded , the average citizens are yet to feel the impact because off callous leaders who are disconnected with realities . Next you will read is another request for $xyz loans . |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by Smartjeezy01(m): 12:58pm On Apr 08*. Modified: 3:03pm On Apr 08 |
H nairalanda1:you are 100% on point. The federal government needs to diversify our economy especially in raw materials and bitumen. |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by nairalanda1(m): 1:01pm On Apr 08 |
Smartjeezy01:Not just that, we need to process our raw materials to finished products for export. (Nigerian government of tinubu never even make a move towards that, sigh). |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by buttlover(m): 1:25pm On Apr 08 |
Yet the citizens are in pool of poverty |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by keemsleek(m): 1:26pm On Apr 08 |
nairalanda1:Why do you keep blaming tinubu l? All the government from 1960s to buhari, which of them did any thing on diversification so blame all Nigerian president and stop picking out d goat head tinubu. You making good points o love them but blaming one government all the time is not it. From obj till tinubu need cain |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by AlphaTaikun: 1:29pm On Apr 08 |
AnonPoet:That's an impressive milestone in the oil and gas ecosystem. |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by nairalanda1(m): 1:30pm On Apr 08 |
keemsleek:Well I do blame all governments, but sometimes when one makes some argumets, people label you tinubu supporter, and it is annoying because one doesn't have politics on the mind. I still blame tinubu for this though. He supported a candidate in 2015 who as it turns out did not diversify the economy because he tinubu wanted to get into power. Meanwhile many of our past leaders did something similar...take the easy way out or support bad polices in return for power. When are we going to see leaders acting in Nigeria's interest, even if it is not the popular thing to do. |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by dederocs(m): 1:32pm On Apr 08 |
Make we dey see money. Make the people enjoy benefits of these windfall. |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by Geeoriginal: 1:39pm On Apr 08 |
You are mostly right in your submission. I always laugh when some Nigerian claim that Nigeria is rich. We have potential to be rich, but we are not rich as at present. However, I did not agree that the government of Nigeria is following Awo's principle of governance. Awo encouraged a lot of industrialization and production during his time. The Ikeja manufacturing hub, Ibadan Industial hub, OODUA conglomerates were all producing many things and even exporting to some African countries. If those things were sustained, it would have changed Nigeria situation. Income from crude is not even enough to provide for one to three states. And yet, that's where 80% of our income comes from. Even if Nigeria goes up to 10million bpd , it won't improve our life much The thing that sane nations with saner climes have is a diversified industrial economy that works and a massive tax system that pays into the welfare system, among other things. Countries that rely only on oil, like Saudi and Bahrain and Qatar, can afford to do so because their populations are tiny, and they run the risk of becoming broke if oil prices crash. Where all your governments have been failing is that they have not developed a diversified industrial exporting economy for Nigeria. Especially APC which promised that in 2015, and has not effing delivered, which is why tinubu is weak Instead, everyone has been following Awo's lead. Sell raw materials and share money, which leads to a situation where the money would never be enough and where stealing happens at the highest level because the closer one is to where the sharing happens is wheere stealing happens. And even if there is no stealing, oil revenue, before we start talking about allocating money, is not up to 150 billion dollars...and most of the time it is below 100 dollars. Nigeria needs something like at least 500 billion dollars revenue for budget issues and so forth. But since governments no dey wan make us like serious nations, here we are.[/quote] nairalanda1: |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by Hightablevoice2: 2:00pm On Apr 08 |
Gbadugbakun:You do not have to be in the common man bracket to at least benefit from Nigeria's wealth. There are tons of avenues that this can serve you as a Nigeria citizen just by being in this country. There is a saying that " a king announces to renovate his palace, while some are complaining about the wastefulness of such grandeur, the industrious ones are already finding out what they can supply to the king" When the country has a product that is highly sort after. Pick a sector within than industry, coordinate with 2-3 like minded people, raise capital, and find and work on a plug or service to deliver in that sector. The days of old common man mantra is behind, unless you are still living in the past. An average Nigerian today has access to a start up capital of 2-3million naira loan. While most have squandered that opportunity and rendered their credit scores useless because of peanuts, and unclear priorities, they keep thinking government will be the one to solve all their life's problem. What government can and will do is provide avenues and opportunities for you as a citizen to help yourself. Politics and government office is a corrupt institution on it's own and all those politicians don't really give much attention to common man plight. We are not in a socialist state. It is free market. Even in the almighty western countries, government policies favors the Rich more than it does any other classes. Point is, when you get news like this, identify everything going on in that sector, there's always an opening no matter how small you might think, there is always one. Could be services you can render to them from their drilling site, to refineries gates, ports, all this are interconnected weave, needs one service or the other. Being a Nigerian is enough, as it doesn't necessarily mean you even have to be in the oil and gas sector to partake, doesn't mean you have to be an engineer, a degree holder or what not. Get closer to where that thing is happening, meet people offer your service in aspects that you can and have available to you and your capital structure, it could be food, hospitality, laundry, sewing, grooming, cleaning services, work boots supplier, delivery services, whatever it is that people use in that sector and so forth, know about it and find a space for yourself. While some people may say it is not that easy, that might be true, but in reality nothing is ever quite easy, even armed robbery is not that easy. Those are just mere instances of how people build on governmental provisions. With a 2mill loan, you can register a company, rent an office in a very cheap and affordable location in Nigeria, register the address as your HQ, if you are planning to expand or just by simply going about it with just your business card, your movement is your satellite address and office, give contacts out, make connections and get contracts. In many instances you are both your own EMPLOYER AND EMPLOYEE, even when you do have people working for/with you. Learn to move and make deals.. meet people like yourself, pool and invest money together. If it's the oil and gas, you can pool 6million naira for at least close to or a bit more than half Tanker in litres, move it in BLack Markets, there's a lot that is viable and possible. It's not that hard once you understand how the mechanism works. All those common man songs, na for past Nigeria. If you can read this, speak fluently, communicate your thoughts and express your views in plain simple English, my brother you are no longer a common man. If anyone you know is claiming such, most of the time it is by lack of clarity and priority displacement. Country hard everyday people build houses. Even a Mallam that sells small provision stores which classifies as the absolute common man is making moves, saving up to buy One to Two OKADA to buttress his revenue stream. Same way, a market woman is gradually expanding her shop, while your normal mechanic is already saving up for his second intercity bus. Do not get left behind in the new Nigeria. Everything is not government. |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by bamayo(m): 2:12pm On Apr 08 |
I disagree with that, even if they produce more crude oil than this, it won't affect common man. if the little we are producing is managed maximally, it will affect the common man nairalanda1: |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by keemsleek(m): 2:20pm On Apr 08 |
nairalanda1:I agree with u. I always love reading ur analysis. Especially on about the power sector |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by Alliswell248: 2:28pm On Apr 08 |
nairalanda1:Are you aware that this government has placed a ban on lithium and Shea butter raw export without any processing? A simple google search would help your ignorance. No government is perfect but so far this is the best government in Nigeria. The micro economy is getting better, but with time the macro economy would improve. We can't continue the subsidy scam that benefits a few. That subsidy must go,and it has gone forever |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by nairalanda1(m): 3:01pm On Apr 08 |
bamayo:Even during the oil boom era of the 1970's and the GEJ era of 2010-14, it was not like that. We are making about less than 100 billion dolalrs from 1.8 m bpd of crude, and part of the money is going to settle debts. Even with careful management, e no go reach. |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by amazonguru001: 3:31pm On Apr 08 |
Gbadugbakun:Irony of life be say, some common men will feel it. That OML 18 field employs upto 1000 men either directly or indirectly. People employed include your everyday electricians, mechanical/maintenance engineers/operators. Civil/structural engineers. Welders, divers, logistics personnel, administrative personnel. Fluids/mud engineers /facilitators, field operations personnel,Engineering Construction Procurement team, contracts team, food vendors/Chandlers etc not to mention highly professional OIL servicing guys working with the like of Hamilton, Halliburton, Bakers & Hughes, Schlumberger etc By the way the food eaten at the location is sourced from the open market. The water they drink is supplied by a pure water factory. So yes. Few common men feel the impact one way or the other. |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by 1144AK(m): 3:50pm On Apr 08 |
nairalanda1:Lithium processing plant in Nassarawa State... And many more ![]() |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by 1144AK(m): 3:56pm On Apr 08 |
Alliswell248:Thank you very much. I hadn't seen this comment before I made mine. Many states in Nigeria are working on expanding their industrial base, but more needs to be done by Nigerians—especially wealthy Nigerians. |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by Buccalcavity2: 6:56pm On Apr 08 |
nairalanda1:Frankly, APC is the only govt that understands this concept. Dangote refinery adds value to raw materials, solved fx issues and increased export. Tinubu govt revived mining industry and understands the value of blue economy. BAT is the only one that implements the revenue revolution through the institutions and automation. Also positive balance of trade both in $ and volume context. Thats productivity! Now it doesnt mean all problems are resolved. Far from it! But there is progress to scarify the Nigerian economy for productivity. For me, there are only 2 areas that I'm waiting on the BAT govt. Power generation and restructuring. He met my expectation in other areas. |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by Kukutente23: 8:29pm On Apr 08 |
Hightablevoice2:At the bolded, pls how can someone access the loan |
| Re: Nigeria Achieves New Oil Export Milestone With Launch Of Cawthorne Crude by HallahGeisher: 6:19am On Apr 09 |
AnonPoet:What sort of name is this . I don't understand those managing our resources. Rubbish. Five us something we can identify with... |
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