₦airaland Forum

onyeogalu1:
Bros that projection will be diffcult to achieve, if you take into account that Iran will start crude oil export in 2016

Iran may not even be able to "flood the market" before 3rd quarter of the year.

USA's shale oil production has equally reduced on the back of high cost of producing oil from shale. It's now cheaper for them to buy crude oil at $40 a barrel than produce from shale. These factors are predicted to drive crude price up soon.

PassingShot:
Iran may not even be able to "flood the market" before 3rd quarter of the year.

USA's shale oil production has equally reduced on the back of high cost of producing oil from shale. It's now cheaper for them to buy crude oil at $40 a barrel than produce from shale. These factors are predicted to drive crude price up soon.

Ok

allthingsgood:
May God help us

Tho I know Buhari will do his best......Nigeria will surely be great again

Was Nigeria great before? When? Where? How? Because e don dey hear say country go better since abacka tey-tey.

hustla:

I want it to come down to $5 per barrel sef
Let the oil become virtually useless so we can face other means of making money, tourism, mining and agriculture

Because we have viable alternatives to generate revenue on ground abi? God go punish ur mouth there.

Saudi Arabia’s 2016 budget is allegedly based on an average crude price of about $29 per barrel, Bloomberg reports, quoting Riyadh-based Jadwa Investment.

PassingShot:
Don't confine yourself to only what you read in Nairaland. Expand your horizon.

abi you! I watched on aljazeera. You're the one listening to nairaland.

hustla:

I want it to come down to $5 per barrel sef
Let the oil become virtually useless so we can face other means of making money, tourism, mining and agriculture

na so, all those thieves like obasanjo, babangida, and other northern thieves. Nigeria is a sleeping China of Africa. We need to kill our politicians.

modath:
Still won't solve the nation's problem...like band aid on a festering gangrene sore!!

Mono export economy fa!!

The only way to solve Nigeria's problem is to have the capacity to produce What we need, start exporting some & stop depending on imports...

I go with you on this. SELF SUFFICIENCY AND
EXPANDED INTERNATIONAL TRADE is it.

emmygzy:
na so, all those thieves like obasanjo, babangida, and other northern thieves. Nigeria is a sleeping China of Africa. We need to kill our politicians.

Nigeria will neva try that again. Nigeria tried
it in 1966 and failed. Tribalism triumphed over
rationalism and patriotism. Neighboring Ghana tried and succeeded! We fought a gruesome war. Now nobody will bell the cat
and we just have to live with it until a more enlightened and detribalized set of Nigerian
are born, grow under the kind of patriotism that we do not have now. Till then no more bloodshed please.

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