Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu - Politics (3)

Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu - Politics (3) - Nairaland

Nairaland Forum › Nairaland General › Politics › Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu (17805 Views)

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Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by MrEdimulo82(m): 9:23am On Jun 29, 2017

Opee ooo..... grin

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by buchilino(m): 9:23am On Jun 29, 2017

IF IT'S TRUE, DEN DATS D BEST NEWS, I HAVE HEARD SO FAR DIS MONTH.

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by jchioma: 9:25am On Jun 29, 2017

By then, the north will be the ones clamouring for secession. It's all about the oil stupid.

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by ESDKING: 9:27am On Jun 29, 2017

Those iddiots claiming Nig Delta won't read this now. They are only good at jumping from one Biafran thread to another vomiting trash.

1 Like

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by begwong: 9:27am On Jun 29, 2017

Eyah! Oil resource control activist and IPOBs. Una see ba. Stop the fruitless agitations!

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by stevebond007(m): 9:27am On Jun 29, 2017

Even in less than 15 years
Oil go don lose relevance

1 Like

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by Nobody: 9:28am On Jun 29, 2017

sarrki:
http://tribuneonlineng.com/nigeria-oil-reserve-dry-30-years-%e2%80%95buhari/

This was what they said 60 years ago.
30 years time they will still say it. Threatening us away from restructuring. We must restructure.

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by ekensi01: 9:29am On Jun 29, 2017

By then am 50+ i may have scape my way out of this country grass root to the top.

Lol i go send my children to start a life in America.

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by hammer6: 9:29am On Jun 29, 2017

Dudeweedlmao:
You guys said that 30 years ago.

OIL RUNS OUT MATE.

OIL IS BASICALLY THE REMAINS FROM DEAD ANIMALS FROM THE DINOSAUR AGE.

IT WILL RUN OUT AND THE OYINBO KNOW NIGERIA OIL WILL SOON RUN OUT.

THEY SAID IT MANY YEARS AGO.

DUBAI HAVE USED THEIR ONE TO DEVELOP INFRASTRUCTURE & TOURISM.

NIGERDELTA HAVE USED THEIR ONE TO DESTROY THEIR ENVIRONMENT.

THEY DONT EVEN HAVE CLEAN WATER TO DRINK, FARM LAND AND FISH IN THEIR RIVERS BECOS OF OIL.

THEIR POVERTY WILL BE ON SHOW FOR THE WORLD TO SEE IN THE FUTURE.

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by whizzyleejr(m): 9:29am On Jun 29, 2017

Nah now now we go know wetin we dey do and the niger deltas will simmer

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by hammer6: 9:30am On Jun 29, 2017

MrEdimulo82:
Opee ooo.....

I KNOW U ARE YORUBA.

U ARE HAPPY RIGHT?

NOW U CAN DISPOSE OF THE NIGERDELTA, LIKE USED TISSUE PAPER?

IT IS A USE AND DUMP THING, IS IT NOT?

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by hammer6: 9:34am On Jun 29, 2017

THE IKWERRE WENT AS FAR AS DENYING THEIR OWN BROTHERS BECOS OF OIL.

OIL DEY FINISH, I WONDER WAT WILL BE NEXT FOR THEM.

WILL NIGERDELTA NOW HAVE ANY THING TO UNITE DEM?

U ALLOWED FOREIGNERS AFTER YOUR OIL TO SEPARATE U FROM YOUR BROTHERS IN THE SE.

WILL THIS FOREIGNERS EVEN CLEAN UP THE ENVIRONMENT BEFORE THEY LEAVE?

3 Likes

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by iLiquidator: 9:35am On Jun 29, 2017

The title should be "Nigeria's Curse to be Lifted in 30 Years"

2 Likes

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by petenayer3: 9:36am On Jun 29, 2017

petenayer3:
I know that the Saudi's are diversifying alot, so it will be interesting to see if they follow in this direction...

https://www.imf.org/external/np/pp/eng/2016/042916.pdf

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by hammer6: 9:39am On Jun 29, 2017

AS FOR THE OGONI, KEN SARO WIWA WAS HANGED BY THE SAME PEOPLE THAT HE SUPPORTED TO COMMIT GENOCIDE AGAINST THE IGBO.

THAT IS A RECORD FOR WHICH WE WILL FOREVER REMEMBER THE OGONI.

THERE LAND IS ONE OF THE WORST HIT WITH THE NEGATIVE EXTERNALITIES OF OIL EXPLORATION.

WAT NEXT MY PEOPLE.

WILL THE IGBO NOW BE UR BROTHER AND FRIEND?

3 Likes

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by lagdmark(m): 9:39am On Jun 29, 2017

stevebond007:
Even in less than 15 years
Oil go don lose relevance

We've had that before since 1990 still oil still dey .

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by Nobody: 9:42am On Jun 29, 2017

hammer6:
OIL RUNS OUT MATE.

OIL IS BASICALLY THE REMAINS FROM DEAD ANIMALS FROM THE DINOSAUR AGE.

IT WILL RUN OUT AND THE OYINBO KNOW NIGERIA OIL WILL SOON RUN OUT.

THEY SAID IT MANY YEARS AGO.

DUBAI HAVE USED THEIR ONE TO DEVELOP INFRASTRUCTURE & TOURISM.

NIGERDELTA HAVE USED THEIR ONE TO DESTROY THEIR ENVIRONMENT.

THEY DONT EVEN HAVE CLEAN WATER TO DRINK, FARM LAND AND FISH IN THEIR RIVERS BECOS OF OIL.

THEIR POVERTY WILL BE ON SHOW FOR THE WORLD TO SEE IN THE FUTURE.

Even with oil we are suffering like this. What happens to us without oil? We might become extinct.

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by freshinko: 9:47am On Jun 29, 2017

Oil in Nigeria has always served the selfish interests of the elite and govt officials. Thirty yrs is far, it should dry up today.

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by ojobek: 9:50am On Jun 29, 2017

sarrki:
Baba let me help you

I know what old age comes with

President Buhari, who was represented by the Minister of State for Petroleum Resources, Dr Ibe Kachikwu spoke yesterday at the 5th triennial delegates conference of the Petroleum & Natural Gas Senior Staff Association of Nigeria (PENGASSAN) in Abuja.

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by Histrings08(m): 9:53am On Jun 29, 2017

That's what we call a misguided loyalty owing to the fact that it doesn't put ur country first..

ibkgab001:
Amen

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by wristbangle: 9:55am On Jun 29, 2017

Kathmandu:
You should put Osibanjo there and not buhari

Madam, Good morning nau. Haba I dey greet u since but u dey do ako for me cry

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by Niceiroko: 9:56am On Jun 29, 2017

sarrki:
Morning baba,
Please read the write up again sire
But slowly this time

what happens to Yemi the acting president

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by GuntersChain(m): 10:02am On Jun 29, 2017

oil that you don't have the power to control over the price. There are solid minerals littered all over the country but they won't put on there thinking cap on how to harness them instead they will fold there hands and wait till month end then all road leads to abuja.

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by Nobody: 10:07am On Jun 29, 2017

wristbangle:
Madam, Good morning nau. Haba I dey greet u since but u dey do ako for me

Good morning. What is it with you and greeting tongue

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by GuntersChain(m): 10:08am On Jun 29, 2017

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by Nobody: 10:08am On Jun 29, 2017

9jakohai:
You make good points...but the reason why countries do well...is because they have strong Manufacturing systems...which export finished goods....

New Zealand is a good example...but it is heavily dependent on agric exports...and it's economy can be vulnerable to external shocks as a result (especially in the 1970's and 80's.).

we still export. Nigeria still makes export. The problem is not diversification. Revenue from oil and little exports here and there is enough to take us to do next level. Dubai used theincome from oil to build the tourism industry and other. Now, see where they are. What other industry/sector have we developed after almost 50 years of Oil exploration. It's step by step. When one gets to a level, you would have the strength, experience an resources to get to the next level. Sadly, that's not the case with Nigeria because we can't manage the present resources we have already but want to be like America and China over night even as corruption has its strong hold. For our information, The Chinese fought corruption with their last strength till they got it right. Now, I don't mean the type we "claim" to be fighting in Nigeria. The type where once there is an evidence you are killed the next minute is what I am talking.

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by Nobody: 10:10am On Jun 29, 2017

wristbangle:
Lol. We are watching with our periscope from distance. Am sure cownu and his baboon cohorts will be ready to delete SS from their map

I would encourage regions who are rich in agriculture, solid minerals and other non oil sectors to quickly diversify now before it's too late.

According the oil price this morning, it is around $48 which just survived the splurge of almost going below $40 per barrel.

When Nigeria was without oil, we are doing better. The oil made us too lazy to strategically think.

And in 2015 It go down as below as $28 per barrel.

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by wristbangle: 10:18am On Jun 29, 2017

Kathmandu:
Good morning. What is it with you and greeting

Lol u don't like the fact am greeting u? tongue

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by akulaxx: 10:20am On Jun 29, 2017

What will be the fate of Niger delta in 30 years time? Wike should be ashamed of himself for going to Sokoto to beg for unity.

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by Okanokan(m): 10:23am On Jun 29, 2017

We've heard about this 30years for the last 30years. Ibe Kachikwu should say something new. Water dey finish?

Re: Nigeria's Oil Reserve To Dry Up In 30 Years ― Ibe Kachikwu by valx2: 10:30am On Jun 29, 2017

hammer6:
OIL RUNS OUT MATE.

OIL IS BASICALLY THE REMAINS FROM DEAD ANIMALS FROM THE DINOSAUR AGE.

IT WILL RUN OUT AND THE OYINBO KNOW NIGERIA OIL WILL SOON RUN OUT.

THEY SAID IT MANY YEARS AGO.

DUBAI HAVE USED THEIR ONE TO DEVELOP INFRASTRUCTURE & TOURISM.

NIGERDELTA HAVE USED THEIR ONE TO DESTROY THEIR ENVIRONMENT.

THEY DONT EVEN HAVE CLEAN WATER TO DRINK, FARM LAND AND FISH IN THEIR RIVERS BECOS OF OIL.

THEIR POVERTY WILL BE ON SHOW FOR THE WORLD TO SEE IN THE FUTURE.

They're the most stupid set of nigerians. They claim that the igbos want to colonise them because of their oyel (oil that's fast running out of relevance), the same oil which is now being predicted to dry up in the next 25-30 years. Now my question is this, what will be their fate by then? A people that have become very lazy over the years as a result of so much free oyel money. How can they cope with that sudden change after the oil is no more? My guess is this, they will resort to selling their lands and properties to the ever buoyant igbos, the same igbos that they betrayed, denied, detested over the years, will be the ever willing buyers of these properties. Thus, the same igbo colonization that they have always dreaded will happen before their glaring eyes. [/b]

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