₦airaland Forum

Unibenstudent:
If u want the oil to finish now click like

Vig86:
Don't mind the guy. Some think that oil is just for the political "big-belles". Such a sensitive sector has a very fast way of affecting the masses. The little they see is because there is a relative stability in the crude oil price.

Gloria3389:
the price can only fall but the oil cannot finish... in fact there are sooo many places in this country Where the oil there has not been extracted at all ....even in the Niger Delta, the oil is still there and can't dry up many years to come except God get angry and dry it up himself.... it's my area of study

stalyf:
The government should see the falling oil prices as an opportunity to diversify the economy. Agriculture is one major area we can use for that.
For how long are we going to depend on oil?

Gloria3389:
the price can only fall but the oil cannot finish... in fact there are sooo many places in this country Where the oil there has not been extracted at all ....even in the Niger Delta, the oil is still there and can't dry up many years to come except God get angry and dry it up himself.... it's my area of study

hotice01:
THIS IS JUST A PRELUDE TO WHAT WILL HAPPEN SINCE OUR GOVERNMENT REFUSE TO BUILD REFINERIES&ENCOURAGE SUSTAINABLE DEVELOPMENT.

Thinkr:
I don't blame him. A regular fella don't know what's affecting his money or cost of living. [/b]These govts peeps will not cut down their salaries of allowances[b]. They'll rather increase tax and cost of living to sustain. The last resort is to increase fuel and then BOOM!!! Domestic made goods increase price along side foreign. Double edge sword on the masses. Now that's scary. I just pray it doesn't happen. We got the worse govt in the world trust me.

TonySpike:
On the other hand, I think a drop in global oil prices should be a motivation to build more refineries. By the way, it should be cheaper to import refined petroleum products these days since we now have a margin of about $30 on crude oil. Can anyone tell me why pump prices are still over NG100 per litre?

chemali:
Oil prices have fallen. When will the price at the pumps drop o. I'm tired of paying 97 naira per litre.

signz:
They'll be forced to cut it down and sack most of their drivers, Special advisers and Personal Assistants.

If the price continues to go down, the FG will be forced to encourage investors to build local refineries (say bye to fuel subsidy)and NASS will be forced to pass PIB.

His will make us all (politicians/masses) to sit up and work for this nation or we perish

TonySpike:
On the other hand, I think a drop in global oil prices should be a motivation to build more refineries. By the way, it should be cheaper to import refined petroleum products these days since we now have a margin of about $30 on crude oil. Can anyone tell me why pump prices are still over NG100 per litre?