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Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion (5203 Views)

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Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by saintopus(m): 8:08am On Sep 21
This to me means nothing . Until this reserves have been able to bring down the costs of the major household commodities, then it means nothing at all.

Look at very well, the non oil increase does not even come from manufacturing goods and services which were exported.
Nothing of such. You come to tell me the reserves has been increase to $55 billion yet people are hungry.
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Jayhome24: 8:11am On Sep 21
givedemwotowoto:
Minimum wage in Nigeria is N75,000 month

Minimum wage in America is about N1.5 million

But Nigerians are paying the price per liter for petrol

Tinubu Must Go!
You have forgotten your medications this morning ba? Pls kindly quickly take them ASAP cus yu are already on the other side of life. Sorry.
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by KomonSense: 8:13am On Sep 21
Flangelo12:
Haters, come and see something to be angry about.
With this line "The government did not provide the underlying export values, product breakdown or comparison period in the statement." take this news as fake or propaganda.
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by KomonSense: 8:13am On Sep 21
Alliswell248:
See them, where are the Emergency lover of Nigeria.

Good news like this irritates them.

Supporters of three credit man who is yet to show the world his GCE result.

Consumption to production, yet he imports everything in his NEXT supermarket.

He alone has the World record of longest Medical personnel strike....13 months.

He conducted LG election just two months to his disastrous 8 years rule

He borrowed in billions , yet he lied.

Real Gbajue.
With this line "The government did not provide the underlying export values, product breakdown or comparison period in the statement." take this news as fake or propaganda.
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Gotocourt: 8:14am On Sep 21
MarkudiRITA:
Since the war in Iran began, the excess funds we have been making from crude oil & gas sales has not been accounted for and nobody is talking about it.
We have been selling higher than the amount the 2026 budget was pegged with.
There will be economic disaster after the war when crude prices crashes.
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by tpain121: 8:15am On Sep 21
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Lumig: 8:17am On Sep 21
At last!
Our efforts towards moving away from overdependence on oil/petroleum is yielding positives

Kudos to the Nigerian government and citizens tapping into this
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by AlabiKILLER2023: 8:22am On Sep 21
To many hungry people in Ogun state
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Lithiumite: 8:22am On Sep 21
AbosedeFalade:
With this line "The government did not provide the underlying export values, product breakdown or comparison period in the statement." take this news as fake or propaganda.
Clutching at straws trying to push opposition agenda no matter how ridiculous.......we thought the economy wasn't working and tinubu has turned everything to tatters,is it Ghanaians that are enabling this progress or ghost of your ancestors.

Instead of you to get smart enough to see the progress being made and opportunities inherent to better your station in life,you are making mindless nzogbu nzogbu noise up and down
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Mrexcell(m): 8:25am On Sep 21
I learnt a lot of nigeria's loans collected under buhari and even under this tinibu's govt where tied to oil production this means nigeria is no longer making huge amount from oil sales anymore so this is expected.
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by DeltaBachelor(m): 8:28am On Sep 21
A very good one I must say
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Sirianese(m): 8:28am On Sep 21
Fake news, that's why they won't give the work-up because it doesn't exist

Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Kukutente23: 8:32am On Sep 21
By non-oil exports, they are classifying refined fuels as non-oil which is a scam in itself. Refined products are still oil products
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by reddingtonblack: 8:33am On Sep 21
Flangelo12:
Haters, come and see something to be angry about.
The joke is on You if you decided to be Gullible, Don't call on hater if you cant use your brain

They tell you our non oil export have overtaken crude rite

1 . What are farmers saying
2. What is MAN saying

These two are they producing optimally, how ?? Recently MAN even came out to debunk govt claims

So what are we exportng 🤣 manufacturers, farmers are seeing shege they are even downsizing then someone says non oil export grow gaint ... Use your head, borrow sense n think ...

Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Mrexcell(m): 8:33am On Sep 21
donleo92:
Tell me the non- oil export!!!

No lie, just outline am, make we know
It might be actually true but it doesn't still change anything on the ground or make the life of the average poor suffering nigerian on the streets any better of this is why nigeria needs a new president next year that has the capacity to understand what nigerians are really going through and prudently use nigeria's huge resources to make the lives of nigerians more livable.
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by reddingtonblack: 8:37am On Sep 21
Lithiumite:
Clutching at straws trying to push opposition agenda no matter how ridiculous.......we thought the economy wasn't working and tinubu has turned everything to tatters,is it Ghanaians that are enabling this progress or ghost of your ancestors.

Instead of you to get smart enough to see the progress being made and opportunities inherent to better your station in life,you are making mindless nzogbu nzogbu noise up and down
Its good i jam you here, please break down the non crude oil export for us

I know as a matter of reality & facts ...Farmers and MAN are facing bigger challenges under Tinubu reform effects

if we remove farmers & MAN ... Where is our booming non oil export from

What are we exporting

Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by ViceGovernor: 8:40am On Sep 21
Tell me what are we producing that we can export? Not even slippers, we eat the skin of our cows instead of turning them to beautiful bags and shoes___Bola Adàn Tinubu.


That article is a big fat 🧢. Nigeria no dey export anything reach petrol.
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Sheuns(m): 8:41am On Sep 21
There’s no proven export from Nigeria today or years ago that would give more forex than oil and oil derivatives. None. If you think it’s not true, pls mention the commodities.
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Curious345: 8:42am On Sep 21
APCs ineptitude help make the entire economy of a country pivot around a refinery ..

Very sickening
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by garykoeman: 8:44am On Sep 21
Atiku after hearing this news.


Atiku is coming. grin

Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Mrexcell(m): 8:44am On Sep 21
Jayhome24:
Looted by who? Pls name any 3 serious looting so far since 2023 till date in comparison to Buhari, Gej and Obj administration mention any mouth watering loot in federal level and I will apologise to you but failure to drop the 3 evidence I will drag you this morning.
This tinibu's apc govt can be looting mindlessly without any evidence through various methods like budget padding and so many other ways which is impossible for an outsider to visibly see right now u can only vouch for them when they are out of office and the new govt in power doesn't find anything incriminating on their past dealings.
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Sheuns(m): 8:45am On Sep 21
Jayhome24:
Looted by who? Pls name any 3 serious looting so far since 2023 till date in comparison to Buhari, Gej and Obj administration mention any mouth watering loot in federal level and I will apologise to you but failure to drop the 3 evidence I will drag you this morning.
GEJ and Buhari’s were only known after they left office. Tinubu never leave office we don already they hear billions. Let’s be patient till he leaves and we’ll see.
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by garykoeman: 8:46am On Sep 21
Mrexcell:
This tinibu's apc govt can be looting mindlessly without any evidence through various methods like budget padding and so many other ways which is impossible for an outsider to visibly see right now u can only vouch for them when they are out of office and the new govt in power doesn't find anything incriminating on their past dealings.
Can you provide evidence.

Paper evidence.
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Titogbanski: 8:48am On Sep 21
FAKE STATISTICS THAT DO NOT REFLECT ON ANYBODY'S LIFE
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Jayhome24: 8:48am On Sep 21
Sheuns:
GEJ and Buhari’s were only known after they left office. Tinubu never leave office we don already they hear billions. Let’s be patient till he leaves and we’ll see.
Answer my question or pls f e c k off. I'm not interested in you epistle of shit.
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Mrexcell(m): 8:48am On Sep 21
garykoeman:
Can you provide evidence.

Paper evidence.
You are still asking for evidence despite all my explanation? angry Nah wa oh.
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by izombie(m): 8:58am On Sep 21
Which non oil exports dem no tell us. Believe this, you will believe anything
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by lawani(m): 8:59am On Sep 21
NON OIL EXPORT OVERTAKES CRUDE HAS NO RELEVANCE TO FG REVENUE WHICH THE ARTICLE MENTIONED AS GOVERNMENT REVENUE AT THE FEDERAL LEVEL IS ONLY 25 PERCENT CRUDE PRESENTLY. EXTEND IT TO ALL REVENUE FROM ALL GOVERNMENT TIERS AND IT MAY BE TEN PERCENT.


Oil has never permanently secured the status of the top forex earner in Nigeria at anytime. Remittance is the top forex earner in Nigeria. Nollywood is a forex earner and farm produce is a forex earner.
WHAT MAY HAVE JUST OVERTAKEN CRUDE IS EXPORT OF MANUFACTURED GOODS. EVEN THE NGX IS A FOREX EARNER
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Trustyourself: 9:05am On Sep 21
Flangelo12:
Haters, come and see something to be angry about.
In 2008, Nigeria's foreign reserve was $63billion with much lower population of less than 150m

With high purchasing power on the part of the naira. With a single digit inflation rate.

The grandpa government should please less the noise
Re: Non-Oil Exports Overtake Crude For First Time As Reserves Exceed $55 Billion by Trustyourself: 9:05am On Sep 21
In 2008, Nigeria's foreign reserve was $63billion with much lower population of less than 150m

With high purchasing power on the part of the naira. With a single digit inflation rate.

The grandpa government should please less the noise
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