₦airaland Forum

easyhacq:
I don't understand, dahomey a city in benin republic what does it have to do with Nigeria. Can Someone Please Explain

feldido:
Oil is becoming irrelevant they said

damola311:
Thought they said they want to diversify the economy? why still searching for oil? so we can separate?

PEPPERified:
Buhari is not searching, and has never searched for oil in Anambra State.
Oil was long discovered and the exploration company Orient Petroleum was commissioned by Jonathan in 2014.
As a matter of Fact, a league of Anambra businessmen are Siting Nigeria's first private refinery in Anambra state.
So how many barrel does anambra produce a day?
And besides dangote is already building Nigeria's first private refinery. There are also plans to build one modular refinery at oleh.

QuotaSystem:
I like how he threw in the 5% for balance

Things are changing. The North must become self sufficient and diversification into oil, agriculture and our solid minerals is the way to go. It's for the good of the entire country.

God bless the President.

abumeinben:
Why can't these people just believe that oil is dying, data/tech is rising. Information is the next oil.

If they search for arable lands, steel, youths with ideas, local manufacturers etc the way they're searching for oyeh, the whole economy would be touched.

Japan, South Korea, Germany, Switzerland, Spain, Spain...these countries got not oyeh, however, they're top performers.

I'm not saying they should not explore oil. But what is the motive? Has oyeh in the Delta drained to zero? We explore oyeh and discover and export more to import refined petroleum? Refineries kwani?

Whatever they're doing, national unity and then growth mist be the final product.

abdulwastecx:
Crude oil exploration and peasant farming are not the kind of diversification we want in this age....

Nigeria can never developed depending on commodities alone, we need strong manufacturing, mining and services sector to developed and all these sectors requires massive investment in infrastructure development.

Instead of endless search for oil why can't we have policies in place to revived the textile industries in the north, create small industrial Park model after earlier East Asian models, spend up to 60% of our budget on capital expenditures like the Ethiopians etc

AnambraDota:
Oil have been found in Anambra, Buhari should carry his ill luck face Northward abeg.

Anambra State doesn't look like where Buhari is presiding because everybody is too busy to notice the rickety and antiquated old haggard

Aufbauh:
Make Una forget all these Una trashy thought of disintegration cos in the next 5 years to come if God keep us, you and I will still be in this same country as a united Nigeria.
Na so country dey disintegrate one afternoon for your mind or because jona lose election.

Akpan107:
Clueless government...

abdulwastecx:
Crude oil exploration and peasant farming are not the kind of diversification we want in this age....

Nigeria can never developed depending on commodities alone, we need strong manufacturing, mining and services sector to developed and all these sectors requires massive investment in infrastructure development.

Instead of endless search for oil why can't we have policies in place to revived the textile industries in the north, create small industrial Park model after earlier East Asian models, spend up to 60% of our budget on capital expenditures like the Ethiopians etc

emmanuelpopson:
read my comment.

Dahomey is a sedimentary terrain that encompasses southwestern Nigeria that has deposits of limestone, oil,bitumen, graphites, gas etc..

geologist in the house.

izzou:
I pray we don't see it. And those that have, may it dry up in Jesus name. Amen

You better ask me why I said that before you quote me unnecessarily

QuotaSystem:
I like how he threw in the 5% for balance

Things are changing. The North must become self sufficient and diversification into oil, agriculture and our solid minerals is the way to go. It's for the good of the entire country.

God bless the President.

QuotaSystem:
Do you have comprehension issues ?



Yes. Diversification does not mean abandoning your current revenue earner, but exploring and developing other revenue sources in case any of them is adversely affected so you can rely on another for sustenance during hard times.

The northern core revenue earner is agriculture (food products, leather, cash crops) and we are diversifying into oil, while that of the South is oil so it should diversify into agriculture and other sources. That is diversification.

abdulwastecx:
It is really pathetic that we have leaders that lack foresight in governors... Oil is becoming irrelevant, how do you want a country of almost 200million to survive on oil revenue of less than 20billion dollars when country like Ethiopia are making over 5 billion dollars from exportation of rose flower to Europe alone.

The real diversification should gear towards unlocking our industrial and commercial potential. I expect a serious government should declare a state of emergency in rail construction, cities like onitsha, Lagos, port Harcourt, ibadan, enugu, aba, nzuka, kaduna, Abuja, kano, etc should be linked with good railway network to aid Commerce and industrialization. I expect the count to declare a state of emergency on power, create small industrial parks, make loan accessible to small scale entrepreneurs, change land use act so that people can get land easily for commercial agriculture purpose

QuotaSystem:
I like how he threw in the 5% for balance

Things are changing. The North must become self sufficient and diversification into oil, agriculture and our solid minerals is the way to go. It's for the good of the entire country.

God bless the President.