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Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsBreaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! (8228 Views)

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Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by citizenisb(op):
http://www.platts.com/latest-news/oil/london/nigerian-oil-output-as-low-as-11-million-bd-nnpc-26452119

Tunji Andrews ‏@TunjiAndrews 2m2 minutes ago

If it is true that we are down to less than 800kbpd. That's 1.4782mbpd less than the expected the 2.2782mbpd expected to fund 2016 budget

Due to this weekends bombing, it has dropped from 1.1 million barrels to 800,000 barrels per day.

This is akin to War as these boys are destroying the economic life blood of this country - CRUDE OIL!!!
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by citizenisb(op): 6:51pm On May 27, 2016
Nigeria's crude oil and condensate production has fallen almost 50% from the start of the year to around 1.1 million b/d, an official from state oil firm Nigerian National Petroleum Corp. said Friday, after reports of a fresh attack on an oil and gas pipeline in the Niger Delta late Thursday.

"The waves of attack on virtually [most] oil pipelines and production facilities in the western division of the Niger Delta have crippled operations there," the NNPC official told Platts.

"We estimate total production losses to be around 1 million b/d, so we are currently down to 1.1 million b/d," he added.
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Nobody: 6:51pm On May 27, 2016
E just dey start. ZERO ECONOMY! LOADING............

NO JUSTICE NO PEACE. NO FREEDOM NO PROGRESS.


https://www.nairaland.com/3129540/nepotism-alert-update-buharis-lopsided
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Nobody: 6:56pm On May 27, 2016
Its time to arrest Jonathan Goodluck
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by citizenisb(op): 6:58pm On May 27, 2016
Nigeria needs serious prayers, we are surrounded by too many enemies both foreign and domestic.

Buhari and Nigeria it is well economically, God will surely intervene in this country, Amen
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by citizenisb(op): 7:02pm On May 27, 2016
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by sorom4: 7:02pm On May 27, 2016
PROBLEM CAUSED BY OUR POLITICIANS C
OS OF GREED
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Nobody: 7:06pm On May 27, 2016
Keneking:
Its time to arrest Jonathan Goodluck
was Buhari arrested when he made d nation ungovernable for Jonathan?
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by otukpo(f): 7:08pm On May 27, 2016
This is a big blow to Nigeria.

Hope they will still see money to rebuild the NE.
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by naijaboy756: 7:10pm On May 27, 2016
Keneking:
Its time to arrest Jonathan Goodluck
like say u dey masturba.. Over Jonathan..
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by DickDastardly(m): 7:13pm On May 27, 2016
This is so sad. angry cry
How do we now fund
1. The N940m grazing reserve in the budget
2. Rebuilding the northeast
3. Lake chad oil exploration
And other important national assignments cry
cry cry
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by subterfuge: 7:13pm On May 27, 2016
BUHARI WILL SUFFER DEARLY IF HE DOES NOT ARREST GOODLUCK JONATHAN AND HIS COHORTS.
THEY ARE CLOSELY MONITORING THE BUHARI GOVERNMENT AND BOMBING THE NIGER DELTA PIPE LINES.
BUHARI MUST BE A MAN AND ARREST THIS LOOTER.
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Firefire(m): 7:15pm On May 27, 2016
The brainless coven members are coming with another line of ediotic rants, make una continue oooo. grin
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by naijaboy756: 7:17pm On May 27, 2016
subterfuge:
BUHARI WILL SUFFER DEARLY IF HE DOES NOT ARREST GOODLUCK JONATHAN AND HIS COHORTS.
THEY ARE CLOSELY MONITORING THE BUHARI GOVERNMENT AND BOMBING THE NIGER DELTA PIPE LINES.
BUHARI MUST BE A MAN AND ARREST THIS LOOTER.
when will you ever make meaningful statements or contribute reasonably?
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Dlionsheart: 8:00pm On May 27, 2016
subterfuge:
BUHARI WILL SUFFER DEARLY IF HE DOES NOT ARREST GOODLUCK JONATHAN AND HIS COHORTS.
THEY ARE CLOSELY MONITORING THE BUHARI GOVERNMENT AND BOMBING THE NIGER DELTA PIPE LINES.
BUHARI MUST BE A MAN AND ARREST THIS LOOTER.
The day buhari mistakenly arrest GEJ, that's the day Nigeria's crude production will be MINUS ZERO. It will also facilitate the division of the country. We dare him

Nonsense!
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by luvinhubby(m): 8:04pm On May 27, 2016
DickDastardly:
This is so sad. angry cry
How do we now fund
1. The N940m grazing reserve in the budget
2. Rebuilding the northeast
3. Lake chad oil exploration
And other important national assignments cry
cry cry
And you left out his globetrotting?

He will use BRT on his next foreign trip.
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by DickDastardly(m): 8:10pm On May 27, 2016
luvinhubby:
And you left out his globetrotting?

He will use BRT on his next foreign trip.
grin grin
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by hopeforcharles(m): 8:11pm On May 27, 2016
Are we safe? It seems like it will be a case of to your tents oh Nigerians.
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by luvinhubby(m): 8:15pm On May 27, 2016
Buhari had his priorities stubbornly wrong from onset.

You are not in office as head of state to rubbish 'so-called' PDP 16 yr achievement but to build on them.
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Nobody: 8:16pm On May 27, 2016
Click like if you are happy about this wonderful news
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Sunnycliff(m): 8:21pm On May 27, 2016
Keneking:
Its time to arrest Jonathan Goodluck
Keyboard Warrior
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by ElCount: 8:30pm On May 27, 2016
Arrest GEJ? Some people no get sense o!
Touch that nigga and in 24hrs nigeria is history that's a fact. Even the intl. Community will see to that, or you think those intl awards are for fancy? You want to arrest him and make them look stupid?
Buhari listen to your supporters o! Abeg naija don tire peson their advice is the bomb, literally
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by mjames: 8:46pm On May 27, 2016
God is still on the throne
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by manutdrichie(m): 8:46pm On May 27, 2016
Still high...when is it coming down to 4,000bpd
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by ItzChinnex(m): 8:55pm On May 27, 2016
grin
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by SleekAboki: 9:00pm On May 27, 2016
I wonder what buhari would address the nation with on May 29th?
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by lunaticfringe: 9:05pm On May 27, 2016
luvinhubby:
Buhari had his priorities stubbornly wrong from onset.

You are not in office as head of state to rubbish 'so-called' PDP 16 yr achievement but to build on them.
You are indeed very wise bro...

Buhari is indeed the worst kind dullard known to mankind who does not know shit about being a human being talkless of being a leader in any capacity... useless fulani imbecilic mistake of humanity!!!
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Iykopeeee: 9:11pm On May 27, 2016
Still @ one million barrel per day? Still high honestly i thought it was 24 barrels per day. They shud even thank God for that. By next wk it must reduce to 100,000 barrel.
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by ebiboy2(m): 9:14pm On May 27, 2016
subterfuge:
[s]BUHARI WILL SUFFER DEARLY IF HE DOES NOT ARREST GOODLUCK JONATHAN AND HIS COHORTS.
THEY ARE CLOSELY MONITORING THE BUHARI GOVERNMENT AND BOMBING THE NIGER DELTA PIPE LINES.
BUHARI MUST BE A MAN AND ARREST THIS LOOTER.[/s]
Unfortunately, your hero is not man enough. He's a dullard
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Xonology: 9:16pm On May 27, 2016
For British government to tell Buhari not to use military option in Niger Delta shows that something is in the offing, and they are indirectly telling him that when the kasala bursts, you're on your own. Nigeria will only be in existence by 2019 by grace of God.
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by Adesiji77: 9:22pm On May 27, 2016
Tiring... sad
Re: Breaking!! Economic Shutdown As Crude Drops To 800,000 Barrels/Day!! by henryutd(m): 9:29pm On May 27, 2016
1million is still good. Buhari will talk when it gets to zero.

Zero Based Budget.
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