₦airaland Forum

Startrap:
You seem more sound than the GMD of NNPC

U R Right,,,

Izigha:
Now there's no need for insult. You can disagree. Read my post I said"if". I know about commodity markets hence my contribution. Storage of crude is part of a refinary complex to control inventory. Am sure you don't know how markets works that is why you believe anyone will get you $40 and still give you a barrel of crude. The -$40 is a quote to show traders or buyers appetite in a future options.
This is a photo of Sasol refinary storage tanks in South Africa

..But Nigeria refineries are not working and I would not put much faith in their storage capabilities.

The world cannot do without oil. The current problem is temporary.
Airplanes fly on oil,
Ships run on oil,
Semi-trucks,
automobiles,
farm tractors,
factories,
making electricity,
asphalt,
About 6,000 things are made from oil https://www.ranken-energy.com/index.php/products-made-from-petroleum/

Oil is not going anywhere. Once the world returns from lockdown, oil price will start to creep back up.

If these thieves have any brain, now is the time to open Ajaokuta, and start industrializing Nigeria.
Now is the time to voluntarily cut high salaries of those in govt, and start developing the country.

Warning to thieves in govt: CoronaVirus is here to stay. It is like influenza, and will return periodically. So you better quit the stealing, and prepare Nigeria for what is to come. This is not the same Nigeria you're used to.

orisa37:
, NIGERIA SHOULD STOP OIL NOW AND RESTRUCTURE THE COUNTRY.

Thankfully the govt will have no choice now..

With the easy money gone, Nigerian elites will have to do real work for money...

This maybe a real turning point for our country..

unikwa:
The world cannot do without oil. The current problem is temporary.
Airplanes fly on oil,
Ships run on oil,
Semi-trucks,
automobiles,
farm tractors,
factories,
making electricity,
asphalt,
About 6,000 things are made from oil https://www.ranken-energy.com/index.php/products-made-from-petroleum/

Oil is not going anywhere. Once the world returns from lockdown, oil price will start to creep back up.

If these thieves have any brain, now is the time to open Ajaokuta, and start industrializing Nigeria.
Now is the time to voluntarily cut high salaries of those in govt, and start developing the country.

Warning to thieves in govt: CoronaVirus is here to stay. It is like influenza, and will return periodically. So you better quit the stealing, and prepare Nigeria for what is to come. This is not the same Nigeria you're used to.

Exactly...

michoim:
And with what will you restructure? With empty pocket?...

STOP BEING DAFT.

unikwa:
The world cannot do without oil. The current problem is temporary.
Airplanes fly on oil,
Ships run on oil,
Semi-trucks,
automobiles,
farm tractors,
factories,
making electricity,
asphalt,
About 6,000 things are made from oil https://www.ranken-energy.com/index.php/products-made-from-petroleum/

Oil is not going anywhere. Once the world returns from lockdown, oil price will start to creep back up.

If these thieves have any brain, now is the time to open Ajaokuta, and start industrializing Nigeria.
Now is the time to voluntarily cut high salaries of those in govt, and start developing the country.

Warning to thieves in govt: CoronaVirus is here to stay. It is like influenza, and will return periodically. So you better quit the stealing, and prepare Nigeria for what is to come. This is not the same Nigeria you're used to.

They have brains, developing Nigeria will reduce corruption hence it's better Nigeria remains underdeveloped.

Buhari in his own words that oil subsidy is fraudulent, yet he practice this fraud for the best part of 5 years.



https://www.youtube.com/watch?v=YmG_dYY7YRA&feature=emb_logo

yom2:
I was suggesting every citizen should be assigned a thousand barrels of oil from the cut in production and distributed in staggard rotation

bit it can't be sold at aabo market na...

What will happen even tually which I pray does not is we will start bursting each others homes...especially the rich...Hod aslnd ask Liberia,somalia and places that the oppression and ignorance and non chalant attitude of the looting leaders pushed the citizen of the country to take up armes supplied by cou tries like USA and Russia to fight the corrupt government out..their families suffered most and died terrible deaths...

This our leaders are pushing us to the brim,all those war ravaged countries are times better than us now..go to somalia,they have light,not every one but the president is one of the most active in Africa.Ethiopia,Kenya,..all doing well.oil is worthless now and our leaders has borrowed more than their mouth could chew so can't talk as those they borrowed money from take our resources and no one could question them.

They will pay the price for what they have done to this nation..one of the nations in the world with one of the best crude oil...

xammax:
If it's not prophecy, tell me what it is. I have been on nairaland for sometime now and I see how you guys rebuke true men of God and I don't blame you guys at all.

That's you guys problem. What people don't understand they destroy.

It is nothing but a mere random statement unbecoming of a lawless and mouthy person who has severally lied to the point that he can best be ignored.

He doesn't have the answer because HE DOES NOT EVEN KNOW THE QUESTION IN THE FIRST PLACE.

God's vengeance against all those, like him, who lie in his name is not delaying. He has the choice to repent as early as possible. That advice is for you too, Matthew 7:21-23.
Regards

See you.. You don't know what you are saying.. Oil isbth only commodity supporting the lives of over 200 million people.. Go and study how our economy works then come back and talk

tspun:
That's is their business not the masses, 80% of Nigeria are not benefiting from the oil, so if they like they should stop

DAVE5:
The useless crooks go use taxation finish our life just so they continue their looting ohh

Abeg make una allow them dey pack the oil money and leave us citizens to our fate