₦airaland Forum

FACT CHECK: 

Nigeria’s Oil & Gas exports are worth over 10 Trillion naira every year
One single oil well may be worth Trillions of Naira.

HOW PROFITABLE IS NNPC? 

An analysis of the foreign trade statistics obtained from the National Bureau of Statistics NBS for the second quarter of 2017  revealed that out of the total export earnings of N3.1 trillion for the second quarter of the year, oil and gas accounted for N2.43 trillion, while the non-oil sector accounted for the balance of N670bn. An extrapolation would reveal that Oil and Gas export would average Ten Trillion naira per annum (10,000,000,000,000/annum). This is what the international community and Atiku friends are after. Asides from that we have the entire infrastructure of the NNPC. Atiku can become the richest man in Africa with this deal.
Unfortunately 70% of allocation to states comes from NNPC. If eventually NNPC is sold to Atiku’s friends as promised, definitely your salary has being sold off, your job also has being sold off.  Remember Niger Deltan’s have huge quotas in NNPC subsidiaries. All these jobs will be reduced to make it more profitable.


 2 Important Questions:
 
1) Why sell NNPC? 
2) If NNPC is a good investment and your friends can make it more profitable why not make it profitable for Nigeria if you love Nigeria? 
 
 2 IMPLICATIONS OF SELLING NNPC: 

A) All the oil wells, pipelines and structures will belong to the Waziri of Adamawa (Atiku) and  his own friends not Nigeria.
B) All the oil wells, the oil blocks etc will belong to Atiku and friends
C) This is the REAL SLAVERY for Niger Delta!
 
What did we expect from a so-called businessman Atiku?  We expected him to help NNPC become better NOT to  sell it to himself. 

He rather says he must sell NNPC even if they (Nigerians) kill him!
 
 Other Sectors killed by Atiku/Obasanjo 

UNIVERSITIES- What happened to EDUCATION in Nigeria?  Atiku and Obasanjo allowed ASUU strikes to destroy the public Universities for the poor and spent Billions to establish Private Universities for the Rich. It is time to pay Atiku back for grounding schools and businesses to they can create their own profitable schools.
 
$16 Billion dollars on POWER- What did Atiku/Obasanjo do to Power sector? They made a case for $16 Billion dollars which they stole. No wonder they cannot trust themselves until they decided to come together to sell NNPC which is their Biggest deal till date!
 
 
Creating Intels and awarding it control over various ports in Nigeria was a brilliant business move by Atiku but how many other Nigerians are benefiting from Intels?
 
Let us be very wise or lose everything we have worked for.
 
I am a Proud Niger Deltan  and I say no to selling NNPC!!
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Who own the Oil wells.

He is so obsessed because he has collected part payment.

ricky8996:
Who own the Oil wells.

Some oil Wells are owned as Joint Ventures between government and private entities some are owned by indeginous companies.

What we should be concerned is are the licences gotten by due process

Proudlyngwa:
Some oil Wells are owned as Joint Ventures between government and private entities some are owned by indeginous companies.

What we should be concerned is are the licences gotten by due process

The Real owners who are hidden

Op. The thread is Useless.

Kemi Adeosun talked about selling the Nation's asset.did you say anything. ...NO!!

A National Asset like the National Stadium was given to YORUBA...have the Super Eagles used it to play even a friendly.......NO!!!


INTEL. ..was sold and they initiated Mtel..where is MTEL now and the Billions of equipment used in jump starting it?.....DESTROYED! !!

But After Mtel you have Glo, MTN ,Airtel ,Spectranet
Swift etc etc ...

The above companies employ people and are run efficiently!!!

NNPC IS A DRAINING AND CORRUPTION FILLED BODY. SCRAP THE NONSENSE THEN YOU BUY FUEL AT #40 per liter.

Stop being naive. ..even a refinery run by Chevron,Mobil etc will employ people based on qualifications not quota system.

I hope folks sufficiently understand this!

2 reasons Atiku cannot stop talking about selling NNPC

1. He has already collected part-payment. Part of the money he is spending on his campaign.

2. He already has buyers, who have made commitment. Also there are those supporting him because he has already promised them certain percentage of the proceed.

So each time they threaten to withdraw their support, he repeats the commitment to sell it.

They should go ahead and sell that NNPC abeg. the corruption there is something else.

ricky8996:
Who own the Oil wells.

So can we start revoking C of O's if you are not an indigene of a community.

Stop foooolishness because of the pennies these politicians have given or promise to give you.

You are just making unsubstantiated claims

NNPC has to go if we want to reduce corruption!

If someone is aspiring to become a Nigeria president and does not have any plans to make NNPC functions and profitable, then such person has no business in becoming Nigeria president

The best way to fight corruption is to first kill the source of corruption.
Nnpc is different from crude oil and oil well, the NNPC in question is just the refineries but until he gets there first

GrossPrice:
So can we start revoking C of O's if you are not an indigene of a community.

Stop foooolishness because of the pennies these politicians have given or promise to give you.

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