NNPC And Remittance Under Nigerian Presidents - Politics (3)

NNPC And Remittance Under Nigerian Presidents - Politics (3) - Nairaland

Nairaland Forum › Nairaland General › Politics › NNPC And Remittance Under Nigerian Presidents (7882 Views)

Re: NNPC And Remittance Under Nigerian Presidents by Good2go1: 2:42pm On Oct 07

It is goodnews that our revenue has increased under Tinubu administration but the question is why is it that our debt profile still increaseing? What has Tinibu achieved with all thease monies? Why are the budget not being implemented?

helinues:
I still can't comprehend how development news like this can make some people to be sad

Re: NNPC And Remittance Under Nigerian Presidents by opes: 2:43pm On Oct 07

FitCorper:
Stop glorifying mediocrity. Tinubu didn’t pull anything off, it’s as a result of the ongoing war, we have higher prices for crude equate to higher prices from revenue. I never had any issue with Tinubu initially, but with the greed of allowing Dangote exploit us with the on going war Tinubu really disappointed me personally. I see no one qualified to move this country forward right now, so I would encourage the military to grow some ballz and seize power at least to curtail the devil called Dangote. How can you say a country producing crude oil owns a functioning refinery that chooses to import rather than source locally. Maybe they think we are all dumb. Tinubu needs to die, the masses are suffering and it pains me dearly.

But GEJ sold oil at a much higher price than it is being sold for now

2 Likes

Re: NNPC And Remittance Under Nigerian Presidents by helinues: 2:43pm On Oct 07

Good2go1:
It is goodnews that our revenue has increased under Tinubu administration but the question is why is it that our debt profile still increaseing? What has Tinibu achieved with all thease monies? Why are the budget not being implemented?

Have you people stopped using the high exchange rate for high debt?

Re: NNPC And Remittance Under Nigerian Presidents by Flangelo12: 2:55pm On Oct 07

Racoon:
Person they remit yet kept on borrowing and mortgaging Nigeria into debts with an abysmal debt-GDP ratio?

Under the same person as minister of petroleum, $150M was embezzled as TAM for PH refinery that political asslicker -BKO defended with gusto

Re: NNPC And Remittance Under Nigerian Presidents by Bluntemperor: 2:57pm On Oct 07

Heffalump:
Data boiz will not cease to amaze us. This psychedelic mentality is very sickening. NNPCL was reformed under President Buhari, a process that started for many years under President Obasanjo as Petroleum Industry Bill (PIB). PIB successfully transformed to Petroleum Industry Act (PIA), which enhanced higher productivity, accountability, excellence, and profitability of NNPC as a limited liability company under the CAMA law. Government interference was also curtailed, as witnessed in the progressive higher revenues and mouthwatering profit after tax declaration in recent years post PIA.

Tinubu didn't do anything here. Rather he came to squander and loot the revenues generated by the federal government.
These guys are crooks and thieves.

Na Wa For You O!
Na so much you hate Tinubu Reach?
But on a more Serious Note:
Why is NNPC 4- Refineries Not Producing oil 🛢️🪔- with Our Crude Oil.
President Tinubu:
Why has the 4- Refineries Not Working to the Optimum ?
How Much have been Spent Since you came to Power- For Tur Around Maintenance?
•Is this How Petrobas of Brazil Refineries Running the Oil 🛢️ in Brazil and,
• Why Is Nigeria Prices/ including Dangote-is High to the Disadvantages of the Masses?
•Is this Not A -Punishment To Nigeria People who are feeling the heat of PETROLEUM SECTOR PRICE Unending Increases From Time to Time ?
-Why Is it that the Petrol Prices is what All the Past and Present Govt-quickly touched when they Come to govern?
•Assuming Nigeria have No Oil- like Japan, Israel and Others,So What Happens to NIGERIANS ?

Re: NNPC And Remittance Under Nigerian Presidents by gabbytabby: 2:59pm On Oct 07

Now we know part of the reason why things were hard under Buhari why him no shout out.

Olofofo247ng:
NNPC remittance under 🇳🇬 Presidents

1. Obasanjo - $4 Billion in 8 years
2. Yaradua - $8 Billion in 3 years
3. Jonathan - $1 Billion in 5 years
4. Buhari - Nothing in 8 years
5. Tinubu - $15.33 billion in 3.5 years

How President Bola Tinubu pulled this off needs to be studied

Source:
NNPC remittance under 🇳🇬 Presidents

1. Obasanjo - $4 Billion in 8 years
2. Yaradua - $8 Billion in 3 years
3. Jonathan - $1 Billion in 5 years
4. Buhari - Nothing in 8 years
5. Tinubu - $15.33 billion in 3.5 years

How President Bola Tinubu pulled this off needs to be studied pic.twitter.com/vUSz6dqQXM
— The Mayor 🇳🇬 (@Mayor_ofph) October 6, 2026

Re: NNPC And Remittance Under Nigerian Presidents by Advancedman(m): 3:03pm On Oct 07

He doesn't have the highest remittance,
Price ratio matters then will can have the correct performance index.

Re: NNPC And Remittance Under Nigerian Presidents by GUNITGuy: 3:04pm On Oct 07

FitCorper:
Stop glorifying mediocrity. Tinubu didn’t pull anything off, it’s as a result of the ongoing war, we have higher prices for crude equate to higher prices from revenue. I never had any issue with Tinubu initially, but with the greed of allowing Dangote exploit us with the on going war Tinubu really disappointed me personally. I see no one qualified to move this country forward right now, so I would encourage the military to grow some ballz and seize power at least to curtail the devil called Dangote. How can you say a country producing crude oil owns a functioning refinery that chooses to import rather than source locally. Maybe they think we are all dumb. Tinubu needs to die, the masses are suffering and it pains me dearly.

Jonathan had the highest oil remuneration in History yet it was bastardized by corrupt cronies ....As soon as oil prices drop not just in two months states could'nt pay salaries ..As for that NNPC is an organization runned by majority northerners who don't care about economics that's what they've been using Government for same people Demanding Atiku to come back ...Its a cesspit of corruption....Atiku was right when he said its worth selling .....NNPC as been running on deficit yet never shut down no private establishment would run for 40 years on a loss that would stand it would shut down or down size as for NNPC it was telling the Government losses and yet no down sizing or any form of collapse as an organization doesnt that tell you something .....

Re: NNPC And Remittance Under Nigerian Presidents by Biodun556(m): 3:05pm On Oct 07

Racoon:
Person they remit yet kept on borrowing and mortgaging Nigeria into debts with an abysmal debt-GDP ratio?

Under the same person as minister of petroleum, $150M was embezzled as TAM for PH refinery that political asslicker -BKO defended with gusto

Nigeria debt profile since 1999

obasanjo - 3 Billion dollars ( 3.9 trillion)

Jonathan - 9 billion dollars (12 trillion naira)

Buhari - 82.4 billion dollars (87 trillion+ 22.7 trillion from CBN total 109.22 trillion naira)

Tinubu - (11.9 trillion naira ) - 9.4 billion dollars

Nigeria total (159 trillion naira ) - 110 billion dollars

If we deduct the money Tinubu used to service pile up debt of previous administrations, it mean he didn't borrow any money

Re: NNPC And Remittance Under Nigerian Presidents by Biodun556(m): 3:08pm On Oct 07

gabbytabby:
Now we know part of the reason why things were hard under Buhari why him no shout out.

Buhari used all oil revenue for subsidy. When the oil revenue was not enough to pay subsidy, he took loan to pay , when loan finished, he sold Nigerian oil in advance to pay the subsidy and that was the reality.

Re: NNPC And Remittance Under Nigerian Presidents by TenQ: 3:11pm On Oct 07

Olofofo247ng:
NNPC remittance under 🇳🇬 Presidents

1. Obasanjo - $4 Billion in 8 years
2. Yaradua - $8 Billion in 3 years
3. Jonathan - $1 Billion in 5 years
4. Buhari - Nothing in 8 years
5. Tinubu - $15.33 billion in 3.5 years

How President Bola Tinubu pulled this off needs to be studied

Source:
NNPC remittance under 🇳🇬 Presidents

1. Obasanjo - $4 Billion in 8 years
2. Yaradua - $8 Billion in 3 years
3. Jonathan - $1 Billion in 5 years
4. Buhari - Nothing in 8 years
5. Tinubu - $15.33 billion in 3.5 years

How President Bola Tinubu pulled this off needs to be studied pic.twitter.com/vUSz6dqQXM
— The Mayor 🇳🇬 (@Mayor_ofph) October 6, 2026

How President Bola Tinubu pulled this off needs to be studied

Easy!
By making ordinary Nigerians pay for it with increased poverty!

1 Like

Re: NNPC And Remittance Under Nigerian Presidents by DMCA: 3:13pm On Oct 07

MamaFryo:
These professors won't just stop disgracing this country everywhere...no wonder young boys have resorted to pressing rather than going to school. These mentally retarded politicians have not realized that people have grown in knowledge and everything?

Wetin I even know sef? I'm just an ordinary Nigerian Policewoman.

Oya debunk wetin him talk cool

O, I suppose say "Go and Verify" grin

1 Like

Re: NNPC And Remittance Under Nigerian Presidents by Biodun556(m): 3:13pm On Oct 07

iwaeda:
How is debt by same government analysised. His wife is in charge of NAFDAC, connect the dots.

Re: NNPC And Remittance Under Nigerian Presidents by Biodun556(m): 3:14pm On Oct 07

Good2go1:
It is goodnews that our revenue has increased under Tinubu administration but the question is why is it that our debt profile still increaseing? What has Tinibu achieved with all thease monies? Why are the budget not being implemented?

Re: NNPC And Remittance Under Nigerian Presidents by DMCA: 3:14pm On Oct 07

OverCalculating:
President Tinubu has done it again!

I have been over calculating again cool

Re: NNPC And Remittance Under Nigerian Presidents by Biodun556(m): 3:16pm On Oct 07

Diligence:
It's called Lagos BluePrint: Show IGR, then juxtapose it with indebtedness, loans, then u scream SCAM!

Nothing like scam

Nigeria debt profile since 1999

obasanjo - 3 Billion dollars ( 3.9 trillion)

Jonathan - 9 billion dollars (12 trillion naira)

Buhari - 82.4 billion dollars (87 trillion+ 22.7 trillion from CBN total 109.22 trillion naira)

Tinubu - (11.9 trillion naira ) - 9.4 billion dollars

Nigeria total (159 trillion naira ) - 110 billion dollars

If we deduct the money Tinubu used to service pile up debt of previous administrations, it mean he didn't borrow any money

Re: NNPC And Remittance Under Nigerian Presidents by ugonwagod: 3:20pm On Oct 07

What did tinubu pull off?, stupid people everywhere.
tinubu ripped off Nigerians and is insulting us with his fake statistics

Re: NNPC And Remittance Under Nigerian Presidents by Lanruze: 3:21pm On Oct 07

Enough of the lies and deceit.

Which NNPC under the Buhari Government didn't remit anything to the Federation account.

Don't be deceived by vuvuzela's

Bluntemperor:
O P,well said and well done 👍.
This is a Beautiful 🤩 Discourse that needs to be studied.
How can Buhari Spent 8- years without Remittance of Dollars Money 💰 by the NNPC?
What Manners of Govt-was Buhari practicing and,just imagine the calibre of the Ministers and Ministries in his govt -
Without being ACCOUNTABLE?
-All Buhari Ministers Must be PROBED - FOR ACCOUNTABILITY SAKE 🥳

Re: NNPC And Remittance Under Nigerian Presidents by Zico5(m): 3:27pm On Oct 07

15 billion dollars as NNPC remittance and baba still continues to borrow, even with total removal of Subsidies on petrol and electricity. Tinubu is truly the worst president ever.

Re: NNPC And Remittance Under Nigerian Presidents by Gboom: 3:28pm On Oct 07

Racoon:
Person they remit yet kept on borrowing and mortgaging Nigeria into debts with an abysmal debt-GDP ratio?

Under the same person as minister of petroleum, $150M was embezzled as TAM for PH refinery that political asslicker -BKO defended with gusto

You guys derail thread anyhow because of bitterness and hatred towards government achievements. Your contrary opinion in this context is just to dispute the figures as unrealistic or you input your own figures with evidence to counter

1 Like

Re: NNPC And Remittance Under Nigerian Presidents by ElSudani: 3:35pm On Oct 07

MamaFryo:
These professors won't just stop disgracing this country everywhere...no wonder young boys have resorted to pressing rather than going to school. These mentally retarded politicians have not realized that people have grown in knowledge and everything?

Wetin I even know sef? I'm just an ordinary Nigerian Policewoman.

You are completely right. But can you explain why NNPC sent more money to this administration than all the other administrations since 1999?

Re: NNPC And Remittance Under Nigerian Presidents by ElSudani: 3:38pm On Oct 07

TenQ:
How President Bola Tinubu pulled this off needs to be studied

Easy!
By making ordinary Nigerians pay for it with increased poverty!

You are absolutely right. Now, say something sensible.

Re: NNPC And Remittance Under Nigerian Presidents by mikeapollo: 3:39pm On Oct 07

Olofofo247ng:
NNPC remittance under 🇳🇬 Presidents

1. Obasanjo - $4 Billion in 8 years
2. Yaradua - $8 Billion in 3 years
3. Jonathan - $1 Billion in 5 years
4. Buhari - Nothing in 8 years
5. Tinubu - $15.33 billion in 3.5 years

How President Bola Tinubu pulled this off needs to be studied

Source:
NNPC remittance under 🇳🇬 Presidents

1. Obasanjo - $4 Billion in 8 years
2. Yaradua - $8 Billion in 3 years
3. Jonathan - $1 Billion in 5 years
4. Buhari - Nothing in 8 years
5. Tinubu - $15.33 billion in 3.5 years

How President Bola Tinubu pulled this off needs to be studied pic.twitter.com/vUSz6dqQXM
— The Mayor 🇳🇬 (@Mayor_ofph) October 6, 2026

Lies!
And who says that remittances in a particular year are all from revenues generated in that year?
Remittances in a year may be from revenues generated in prior years!

Re: NNPC And Remittance Under Nigerian Presidents by Hezmatosky210: 3:41pm On Oct 07

Ok good and fine. Now show me the money💁‍♀️

Re: NNPC And Remittance Under Nigerian Presidents by motymop: 3:44pm On Oct 07

Sonyboom:
What is happening in your life n those around you are not the realities of Nigeria sir.

Only you n those in your household can not afford basic things. Pls confess let well meaning Nigerians come to your aid.

I hope you know data is not basic amenities.

if those in my household can not afford basic things, you would agree with me that it is a sign that the economy is very bad??

does the ability to afford data means that the person is rich huh

Re: NNPC And Remittance Under Nigerian Presidents by motymop: 3:46pm On Oct 07

helinues:
And where did I accuse you of being an Igbo?

what do you means by this when i didnt even talk about tribe

We haven't seen such beggars in South East. So how did you arrive at half of the population .

Or are you saying the Igbo's are begging too

Re: NNPC And Remittance Under Nigerian Presidents by ElSudani: 3:47pm On Oct 07

mikeapollo:
Lies!
And who says that remittances in a particular year are all from revenues generated in that year?
Remittances in a year may be from revenues generated in prior years!

Meaning you are a better accountant than the Federal Ministry Of Finance?

Re: NNPC And Remittance Under Nigerian Presidents by EngrEssien(m): 3:53pm On Oct 07

Becos they hate hungry data boys that are supporting a borrowing president that borrow for a living even with all the money realized from subsidy removal and the inept president being only able to change the national anthem as his only achievement. God punish devil

helinues:
I still can't comprehend how development news like this can make some people to be sad

Re: NNPC And Remittance Under Nigerian Presidents by Jtownperspectve: 4:14pm On Oct 07

What needs to be studied is your brain for believing a terrible government.

Re: NNPC And Remittance Under Nigerian Presidents by Vision101(m): 4:18pm On Oct 07

motymop:
All these data means nothing if people can not afford basic things

Ok, you show people that Tinubu has the highest remittance from NNPC

Ok and then what?

People are still hungry, inflation is still high, when they go to the market, they can't afford what they are used to..

they are not interested in vanity data but real changes in the way they live their lives

The information and performances are the building blocks for greater tomorrow. Other presidents took the easy way out that provides temporary succour but PBAT is tackling the roots to provide permanent prosperity.

Re: NNPC And Remittance Under Nigerian Presidents by bewla(m): 4:19pm On Oct 07

motymop:
All these data means nothing if people can not afford basic things

Ok, you show people that Tinubu has the highest remittance from NNPC

Ok and then what?

People are still hungry, inflation is still high, when they go to the market, they can't afford what they are used to..

they are not interested in vanity data but real changes in the way they live their lives

The Bible say man shall not leave by bread and butter alone

Boy una need to take it easy

It's start to rot from 1975 so to get it right it will be a process

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