Can you see the gale of foolish people that commented above.

No wonder Nigeria can never improve.

If you have a workforce and youth that can't read and comprehend . I wonder how you want to achieve anything tangible. Good luck to Buhari in the hardous task.

If oil work don cast, palm oil. Biz go boom na . Oil na oil afterall, No shakin.

;DI did not read that long Tory... all I know be say this recession will still after even pastors ;DI .

Out of the 350,000. There are over 43,000 oil job loss in canada alone. Nigeria is still doing fine.

jneutron4000:
and God increase to power 100 the problems of those who supported NDA bombing of pipelines just because they hate Buhari

u mean the inconsequential 5% are responsible for this.

LynnPetra:
This country is going down down down

down down down.I thought it was a joke when one man said 'THE ZOO MUST FALL' last year.




less than $2300 = 1million naira.
chai, the naira has become worthless like the Zimbabwean currency.

it is finished.

Why would someone work for years in an oil company and on huge salaries without having enough savings or investments?? You either save or invest for the rainy days. Sadly, the rainy days are here and it doesn't seem like it'll end anytime soon..

By the way, I hope the ones who were lucky enough to still have their jobs are not spending their own savings on those fake pastors out there sha? That money will go a long way if you use it well rather than giving them to pastors in order to pray you out of something that sure would occur anytime soon. Pray for yourself and invest your money in worthwhile businesses..

Two paragraphs are enough for the wise..

x240:
Can you see the gale of foolish people that commented above.

No wonder Nigeria can never improve.

If you have a workforce and youth that can't read and comprehend . I wonder how you want to achieve anything tangible. Good luck to Buhari in the hardous task.

is Buhari working to deserve good luck? prayers without work is dead

The price plunge has really shaken up the markets and unfortunately these low oil prices are here to stay, eek

Somehow we are being pushed into what was Nigeria's original design for economic sustainability: AGRICULTURE.

Oil was, is, and will always be a means to achieve an end...

kettle84:
is Buhari working to deserve good luck? prayers without work is dead

Buhari is not the problem....

We are all part of it

mamabomboy:
Please Baba God, increase to the power of 10, the problems of any of them who voted for Buhari, AMEN

olodo, you no go school at all? Is it Buhari that crashed the price of crude oil? Please $ please, use the brain God gave you, i'm not a Buharist but I criticize reasonably, all this Buhari this Buhari that doesn't make you think wide, it's killing your destiny, even when there's problem in your family, it's Buhari, na wa o.

NDA bombing of pipelines isn't helping matter as well. Forcados line was hit and has been down for some months and still counting. The implication of this is that some smaller oil companies will not make profit. The ones that export solely through that line might go out of business. The IOCs are affected for sure, but the level of impact is minimal. The implications for the local oil companies are job cuts, salaries reduction and some might even pack off.

NDA should regain their common sense. You're not punishing the FG, trust me. You're punishing your people further because most of them own the smaller oil companies. I won't mention their names here.

yorubasmustprosper:
The storm is brewing!

Though we are already amist a heavy tornado..

Please God, today marks the beginning of a new week in the hands of Buhari.. Please give us at least one good news before week ends..

Buhari and group needs serious prayers, to achieve their aims and objectives!

kettle84:
is Buhari working to deserve good luck? prayers without work is dead

Maybe you need to scroll back up and read the article again.

Oil companies world over are cutting employees. Canada, Norway, UK and Russian owned Oil companies are streamlining staff strength to weather the low oil prices. Is it a Nigeria problem alone? Is Buhari the one governing UK. Or is he the president of the US where in Alberta alone over 40,000 jobs have been lost since 2014 due to oil.

You lots here can't reason and that's the bane of the country. Basic economics tells you that some jobs are not forever and come with high risks and your current employability depends on current prices of that commodity your employer deals in. It's not rocket science.

Yeah, the economy may not be fairing better but what does a logical person do? What's the principles of a good problem solver? They ask for the real problems and try and find solutions to it.


Why is Nigeria always at risk when the price of oil goes drastically down? Same thing happened 2007 to 2009 when oil price traded around 35 to 50 before shooting up back.

I shouldn't waste my time because a lot of you are lost causes .


$2300 is now 1 million naira. That's awesome news for some people. But wait what do you see there gloom. It's a matter of perspective. A smart person is always positioning himself for the good benefits....It is a fact many Nigerians are shallow.

China is daily devaluing their currencies to boost trade, tourism and so on but the almighty lazy Nigerians want theirs to always be overvalued so they can keep importing rubbish. Sit in front of their tokunbo tvs, eat made in thailand rice, wear chinko watches, plait brazilian hair and idle away doing nothing.

Most people just read without their brains. They saw so many "global" in the article and are still blaming buhari.... I voted buhari and I have no regrets.....A sane mind would know that our economy will surely go bad before it gets better....there are no miracles in this case, so don't expect one.

As for the guy saying the problems of those that voted buhari should increase by 10 folds... What of those of us that voted him but have no problems?

Heartscry:


Buhari is not the problem....

We are all part of it

Mr Buhari, has always been the problem,1983-84 and 2015-present. The Southwest brought him to power for selfish reasons not for the nation's interest.now the disaster of their decision has brought enormous suffering on Nigeria because the 75year old ancestor in the helms of affairs of this country is total bereft of ideas because of old age and illiteracy.

kettle84:
Mr Buhari, has always been the problem,1983-84 and 2015-present. The Southwest brought him to power for selfish reasons not for the nation's interest.now the disaster of their decision has brought enormous suffering on Nigeria because the 75year old ancestor in the helms of affairs of this country is total bereft of ideas because of old age and illiteracy.

The recession is affecting the treacherous South the most

God bless the glorious South

Hydrocarbons days are over. The world is revolving around renewable energy resources because we are ready to phase out hydrocarbons on planet Earth because it causes environmental degradation and shorten the life- span of living organisms and resulting to global warming.

It is either automobile or manufacturing/production.


if you are thinking to work in an oil company with this massive sack and slashed of oil price in international market, think twice.

I rest my case as a mechanical/automobile engineer

donbenedict:
Oil work don cast, lecturing is the new oil work.

bro ,how can we get a lecturing jib in dis country now,cos pple like me r during for one

donbenedict:
Oil work don cast, lecturing is the new oil work.

bro ,how can we get a lecturing jib in dis country now,cos pple like me r r dieingfor one

EternalTruths:
The traitors in the South betrayed the SS/SE and still expect our God to allow them keep working in companies drilling our oil.


Oh God , thanks for fighting our enemies.


May our enemies never enjoy our blessings


Click like if you agree with the prayer

Click share if you don't agree with the prayer

jesus will be weeping for you in heaven.
SMH

The gullible people are increasing by the day. Those who reason through their stomach. Someone is cursing his father, mother, cousins, teachers for voting PMB.

Is PMB responsible for the crash in oil price?
Is PMB responsible for Nigeria oil export economy?

It is hightime the sensible ones started speaking out so as to reshape the opinions of the gullibles.

I supported PMB with no regret.

The change I suppport begin with me.

stonemasonn:
jesus will be weeping for you in heaven.
SMH

Pls tell me if you consulted Jesus before voting Buhari and what answer He gave you.



Happy Recession and enjoy it fully.


My Jesus never approved Buhari.

The problem is with pipeline vandalism, if oil was in full production, with Naira allowed to float. Nigerian oil companies won't have to sack so much

x240:


Maybe you need to scroll back up and read the article again.

Oil companies world over are cutting employees. Canada, Norway, UK and Russian owned Oil companies are streamlining staff strength to weather the low oil prices. Is it a Nigeria problem alone? Is Buhari the one governing UK. Or is he the president of the US where in Alberta alone over 40,000 jobs have been lost since 2014 due to oil.

You lots here can't reason and that's the bane of the country. Basic economics tells you that some jobs are not forever and come with high risks and your current employability depends on current prices of that commodity your employer deals in. It's not rocket science.

Yeah, the economy may not be fairing better but what does a logical person do? What's the principles of a good problem solver? They ask for the real problems and try and find solutions to it.


Why is Nigeria always at risk when the price of oil goes drastically down? Same thing happened 2007 to 2009 when oil price traded around 35 to 50 before shooting up back.

I shouldn't waste my time because a lot of you are lost causes .


$2300 is now 1 million naira. That's awesome news for some people. But wait what do you see there gloom. It's a matter of perspective. A smart person is always positioning himself for the good benefits....It is a fact many Nigerians are shallow.

China is daily devaluing their currencies to boost trade, tourism and so on but the almighty lazy Nigerians want theirs to always be overvalued so they can keep importing rubbish. Sit in front of their tokunbo tvs, eat made in thailand rice, wear chinko watches, plait brazilian hair and idle away doing nothing.

Mr, Nigeria is not the only oil producing country. Ghana produces oil too,I don't want to use Norway and Canada as examples because those are 1st world countries. The Ghanian cedi is far valuable than the naira in less than 6months of the life of this government. how do you think the ideas of the ordinary Nigerian can help when you know that the government has anti democratic tendencies as pointed out by some american congress men even the President don't obey the courts talk less of those in government.

yes we acknowledge the fact that there is drop in oil production ,doe that mean Nigeria with a population of over 170million people is bereft of ideas?

buhari's govt has made even oil n gas jobs not lucrative anymore.

EternalTruths:
The traitors in the South betrayed the SS/SE and still expect our God to allow them keep working in companies drilling our oil.


Oh God , thanks for fighting our enemies.


May our enemies never enjoy our blessings


Click like if you agree with the prayer

Click share if you don't agree with the prayer

Olodo , God didn't push the oil price down. The major two factors that affected the oil price is an economical strategy and a political strategy from the bigger economies . In a layman's language lemme explain a little if your akpu infested brain will reset for once . The US the major buyer decided to produce shale gas using high tech equipments and this led to over production and saturated the market and just to make things worse the Saudis refused to beam down production all in an effort to bring Russia whose economy is oil dependent to the table to negotiate about the invasion of Crimea and their role in siding Iran over the war in Syria which Iran is being seen as a launching platform for Russia and the Saudis an America stooge of a country don't like it that a bitter neighbor and a Shiite country will have so much power and influence in that region call it common interest . And that was how small economies like Nigeria that are oil dependent came to her knees with little help from the incompetent one in Aso Rock to send her to her early grave.

Your brain dun reset ?

EternalTruths:




Pls tell me if you consulted Jesus before voting Buhari and what answer He gave you.



Happy Recession and enjoy it fully.


My Jesus never approved Buhari.

and who did your Jesus approved?

kettle84:
Mr, Nigeria is not the only oil producing country. Ghana produces oil too,I don't want to use Norway and Canada as examples because those are 1st world countries. The Ghanian cedi is far valuable than the naira in less than 6months of the life of this government. how do you think the ideas of the ordinary Nigerian can help when you know that the government has anti democratic tendencies as pointed out by some american congress men even the President don't obey the courts talk less of those in government.

yes we acknowledge the fact that there is drop in oil production ,doe that mean Nigeria with a population of over 170million people is bereft of ideas?

What it's the ratio of oil export in Ghana and what's the correlation of their oil earnings to their GDP. Ghana just started producing oil and for your info...they still even import oil and buy gas from Nigeria. Ghana is not an ideal situation.

If you want 3rd world countries examples like Nigeria. Pick Venezuela, Angola, or even Algeria. How has their economy fared?

You are asking if we are bereft of ideas when daft people only see issues through the lens of politics and can't reason well.

When all everyone wants to do is sit their lazy ass down and import. Want the naira to be as strong as the dollar so they can import all the rubbish. Fashion without commonsense. We have 180million people and not a single cloth making factory. We import everything.

Nigerians are the most lazy, skill less set of people we have. You wonder why people prefer bricklayers from Togo to build their houses nowadays? Because when a Nigerian does it, they do a dismal job. Bent pillars, faulty plastering and so on.

When last have you given your cloth to a tailor to sow. They spoil clothes, don't keep to time and you waste precious energy trying to get them to do the basic. I have had to carry a single shirt round 3 different tailors just for them to help mend it because it was a bit large and i ended up throwing the cloth away because they spoilt it.


Or you want me to talk about mechanics? 98% of mechanics out there are just dumb and daft and just after milking you of your money.


Are all these Buhari's fault? Are these not the same Nigerians that would make the country work? When your blue collar workers can't do one single thing right then you have a big problem.

And that's why qe would continue to languish. We know the real problems but we keep chasing shadows.If i should ask you now, what single thing you know how to do. I won't be suprised to notice you don't wven have the right skills. But it is your type that would go on and shout government, government, government.