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Nairaland Forum / Nairaland / General / Politics / Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu (7749 Views)
Buhari, Kachikwu At The Signing Of Bilateral Agreement Between Nigeria And Niger / Osinbajo & Kachikwu Visit Apapa Depots, Reassure Nigerians / Nigeria Loses Up To $100bn In Revenue As Attacks Cut Oil Output - Businessday (2) (3) (4)
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by slimfit1(m): 9:33am On Feb 15, 2017 |
owobokiri: Point of correct which oil money developed Lagos abeg go chop sheet. Lagos hasn't changed that much since the British left so oil money has little impact in lagos. 1 Like |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by cktheluckyman: 9:33am On Feb 15, 2017 |
SalamRushdie: it was actually N13Billion and not even dollars.Those of us who warned of the dangers of going after Tompolo were reminded that Buhari was a retired army General who destroyed the maistasteine sect!!! how pathetic. 5 Likes |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by owobokiri(m): 10:23am On Feb 15, 2017 |
slimfit1: Ori - ago.. |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by owobokiri(m): 10:27am On Feb 15, 2017 |
Jesusloveyou: If you don't have the patience to hear them out, then you may need to stay in your lane.. Afterall, They are not dragging your billions from cocoa and groundnut with you.., why are you going "our this.., our that" on somebody else stuff... Na so you greedy reach? 3 Likes |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by MicKaro: 10:32am On Feb 15, 2017 |
100bn?, how much is our GDP? 1 Like |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by folem: 10:43am On Feb 15, 2017 |
Nigeria's estimated possible yearly crude oil earnings : $50.00 * 2,200,000.00 * 365 = $40,150,000,000.00 ($40 billion) How is it possible to lose $100 billion? Abi na Sanusi calculator? If you divide the estimated by a population of 180,000,000 you will get $223.06 which is the reason why Nigeria is classified as a poor country with people earning less than $1 daily. Oil accounts for over 80% of forex earnings. 2 Likes |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by Ngokafor(f): 10:44am On Feb 15, 2017 |
cktheluckyman: ....You forgot 'the new sherif( sherifatu) in town' rubbish that were propagated by these apc zombies that calls themselves supporters,..mumu people. 2 Likes |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by owobokiri(m): 10:49am On Feb 15, 2017 |
Oktoberfest: These kind of characters are everywhere in the SE , SW , SS, NC, NE, NW.. They are part of a very stupid Nigerian politics. Lets stop behaving as if "my criminals are better than yours".. The problem of this administration is buhari. . , and his re-tarded way of thinking. His desperation to impose the wishes of his group against others infuriates and irritates. Whatever that happened in the oil producing areas thereafter are as a result of those his petty actions. They are nothing but instinctive reactions to a vindictive presidency. 2 Likes |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by shamecurls(m): 11:11am On Feb 15, 2017 |
owobokiri: Your whole analysis only happens to be long, it's void and senseless 1 Like |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by olumosen(m): 11:12am On Feb 15, 2017 |
If dey no deprive us, no be loot una go loot am 1 Like |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by Omudia11: 11:13am On Feb 15, 2017 |
The 100bn $ that you got from the Niger Delta? What would Nigeria be without the Niger Delta crude revenue? Jesusloveyou: 2 Likes |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by ALAYORMII: 11:13am On Feb 15, 2017 |
People just keep throwing humongous figures around 100billion dollars Haba mana |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by chizzy084: 11:15am On Feb 15, 2017 |
Thank God |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by Acidosis(m): 11:15am On Feb 15, 2017 |
How much did Buhari's incompetence deprived Nigeria sir? 1 Like |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by AreaFada2: 11:15am On Feb 15, 2017 |
I see. So it wasn't low oil price that is the issue. So GEJ's & Yar'Adua's diplomatic, leadership & negotiation skills enabled oil to keep flowing to fuel the economic growth until May 2015. And Buhari came with slave master Funta Djallon mind to deal with ND militants and collapsed the economy. The truth is coming out gradually. Continue. 2 Likes |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by Omudia11: 11:15am On Feb 15, 2017 |
That's what you get for being clueless and biting the finger that feeds you. Lose $100bn while chasing shadows. Typical of a tyrant Omudia: 1 Like |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by melejo(m): 11:17am On Feb 15, 2017 |
omenkaLives:Are you coursed with foolishness or is brain-pain part of your inheritance? 2 Likes
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Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by Burgerlomo: 11:17am On Feb 15, 2017 |
Abeg mechi onu because if the Militants allow the Country to make the money, no be share una go share am among una self |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by Bondesniger(m): 11:19am On Feb 15, 2017 |
Provide an enabling environment Provide jobs Provide quality education Provide friendly bank loans for start up business Provide good security Provide cheap power supply Provide 21 economic strategy for small, medium business to grow including Agriculture as major on the Agenda Then Nigeria Will make $ 800 billion every year GOD bless Nigerians 2 Likes |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by Nobody: 11:21am On Feb 15, 2017 |
kabrud: niger delta feeds nigeria. that is why , anytime niger delta sneezes nigeria catches cold 1 Like |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by HAH: 11:23am On Feb 15, 2017 |
Even if 1million barrels were lost daily, and assuming at current rate of $50 per barrel that means $50million was lost daily, now 50,000,000*365days= $18,250,000,000 So the assertion of $100M lost last year is wrong as even the above $ 18.25B is highly exxergerated . Joint venture will also be deducted from the above |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by Nobody: 11:25am On Feb 15, 2017 |
Exxagerated. $100bn is way too high. NNPc owns aprrox 40 to 50% of all oil produced by virtue of royalties. So let's say 50%. Average oil price in 2016 was in the $40-45 range. So let's say $43. Multiply by 1 million barrels lost per day, that is about $43million, multiply by 365, gives u 15.6 billion dollars. Approximate to 16 billion dollars. We haven't talked about the lifting cost of the oil and processing as well as debt servicing on investment, employees salary etc. Say 60% off. Gives you about 5.4 billion dollars. This man sef I wonder if he is exxagerating to create sentiment against the militants. The only way that could have been remotely possible is if Nigeria operates a money recycling economy which is far from the truth, and even then it would be in the 20bn dollars range. So you see 1 Like |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by LastSurvivor11: 11:38am On Feb 15, 2017 |
And how much did you say TOMPOLO stole Penny wise pounds foolish.. 1 Like
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Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by steppin: 11:48am On Feb 15, 2017 |
Oktoberfest:It's no business of yours what they do with their 13% derivation or the allocation given to them. Give them what belongs to them and get what you need. Yaradua and Jonathan knew this and they never had problems with militants. 1 Like |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by vexing(m): 11:49am On Feb 15, 2017 |
Even without militancy can Nigeria make up to $100b in a year from crude oil? That must be an exaggeration |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by folem: 11:59am On Feb 15, 2017 |
vexing:It is lies & propaganda. 1 Like |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by Nobody: 12:09pm On Feb 15, 2017 |
Give them true federalism and stop making noise. 1 Like |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by porozhniy(m): 12:24pm On Feb 15, 2017 |
Oga Kachikwu? The Northerners have killed and buried the PIB bill at the National Assembly whilst setting aside a % of the national budget for reconstructing the north east for unspecified number of years. Why is it so hard for the govt to choose between losing $100bn or ploughing back a % of that amount into the troubled region? 1 Like |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by Ujahp99: 12:27pm On Feb 15, 2017 |
awa:What has Buhari done wrong, the problem with Nigerians is that we are illiterate claiming to be wise.. Whats ur state monthly allocation from the government, u don't know Militants will bomb, u say it's Buhari's fault. NNDC will loot and deprive the people, u say is Buhari's fault. People don't even know the role of their governor anymore because Buhari is the president and governor of the 36 States.. People know the reason for the recession, they are just runaway from it only to blame one man. We all know that blaming is what Nigerians know how to best |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by Kingspin(m): 12:28pm On Feb 15, 2017 |
It is Nigerian government that have deprived us $100b because they refuse to do the right thing. If North need education flood them with schools, if the Niger delta wants justice and fairness give to them. If the East say we want a country where everyone is equal do it. Whatever the west need give them. If our economy need to start from the basic and require policies/structure changes to grow go ahead and do them. The government should stop beating around the bush and prolonging our nation problems, everybody need to comeforth with the truth to set Nigeria free. |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by Semper247(m): 12:30pm On Feb 15, 2017 |
awa: Are u OK? What wrongs of pmb did he state in that write up? This ur wailing is becoming senseless ooo |
Re: Militancy Deprived Nigeria Of $100bn In 2016 –kachikwu by killsmith(f): 12:31pm On Feb 15, 2017 |
The uneducated abokis will see this as an accusation.... Expect kachikwu's removal anytime soon.... 1 Like |
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