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UK Petrol Car Ban Threatens Nigeria’s Oil Sales - Politics - Nairaland

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UK Petrol Car Ban Threatens Nigeria’s Oil Sales by DamnnNiggarr: 10:08pm On Nov 19, 2020
UK petrol car ban threatens Nigeria’s oil sales
‌
Except the country finds new buyers, the plan to ban petrol and diesel vehicle sales by the United Kingdom government will threaten Nigeria market share of crude oil.

UK imports Nigeria’s crude oil, which is a major revenue earner for the country.

Imports from OPEC countries, especially from Algeria and Nigeria, reportedly stood at 22 per cent of the UK’s crude import in 2018.

Prime Minister Boris Johnson on Wednesday had announced that new cars and vans powered wholly by petrol and diesel would not be sold in the UK from 2030

As reported by BBC, Boris said the move wad part of a green industrial revolution to tackle climate change and create jobs in industries such as nuclear energy.

But some hybrids would still be allowed, he confirmed.

It is part of what Mr Johnson calls a “green industrial revolution” to tackle climate change and create jobs in industries such as nuclear energy.

Critics say the £4bn allocated to implement the 10-point plan is far too small for the scale of the challenge.


The total amount of new money announced in the package is a 25th of the projected £100bn cost of high-speed rail, HS2.

As of November 2, the price of Brent crude dropped by 3.43 per cent to $36.64 per barrel after some European countries imposed another round of lockdown to slow the spread of COVID-19.

https://punchng.com/uk-petrol-car-ban-threatens-nigerias-oil-sales/?amp=1&utm_medium=Social&utm_source=Twitter&__twitter_impression=true

2 Likes 2 Shares

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by Karlifate: 10:26pm On Nov 19, 2020
grin grin grin

The same Nigeria that is signing storage deal with Niger Republic?


The Federal Government, yesterday, signed a Memorandum of Understanding, MoU, with the Republic of Niger for the transportation and storage of petroleum products.

39 Likes 1 Share

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by inoki247: 10:29pm On Nov 19, 2020
Benue wey just discover Fuel go start to dey bath with there thing wen e useless

41 Likes 2 Shares

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by Zenithpeak(m): 10:35pm On Nov 19, 2020
2030 seems so far in our eyes right? By the time UK government will fully implement this plan it will still meet our leaders unprepared.

Btw, will there be a country call Nigeria in 2030 the way APC is moving on high speed to crash Nigeria in the ocean of destruction?

185 Likes 11 Shares

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by flyingpig: 10:38pm On Nov 19, 2020
Electric vehicles loading kiss I'm còck sure I'll own two before 2035 by God's grace. Amen.

46 Likes 4 Shares

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by slimfit1(m): 11:19pm On Nov 19, 2020
If you are not expecting this you are out of this world. I feel sorry for Nigeria before that. I'm wondering where money is going to come from.

41 Likes 2 Shares

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by Nigeriabiafra80: 12:30am On Nov 20, 2020
So what will our oyel people do

24 Likes

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by thatsleepboy1: 12:32am On Nov 20, 2020
Prime Minister Boris Johnson on Wednesday had announced that new cars and vans powered wholly by petrol and diesel would not be sold in the UK from 2030.

This is not a threat at all. Until 2030 comes, we will know what to do. What about other African countries? There'll be nothing like that in some parts of the world cos petrol vans will still thrive. Gas nko?

2 Likes 1 Share

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by Yankee101: 12:39am On Nov 20, 2020
If naija does not diversify it's sufferings are just beginning

Electric cars have taken over

Build microchip factories, mechanized farming, solid mineral mining and IT development

27 Likes 3 Shares

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by tobechi74: 1:21am On Nov 20, 2020
We will sell zamfara gold to them

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Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by afube: 1:40am On Nov 20, 2020
DamnnNiggarr:


https://punchng.com/uk-petrol-car-ban-threatens-nigerias-oil-sales/?amp=1&utm_medium=Social&utm_source=Twitter&__twitter_impression=true

Mynd44 lalasticlala Oam4j


the clock is ticking down on the clueless "awa oil crew" from the Sahel and the creeks !................the oil you have used to despoil our collective sensibilities is destined for the crap-heap of history............. Time to reset and use our God-given brain for once.

4 Likes

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by Dedetwo(m): 1:53am On Nov 20, 2020
slimfit1:
If you are not expecting this you are out of this world. I feel sorry for Nigeria before that. I'm wondering where money is going to come from.

Most Africans are dunces. The Biden in US had hinted 2025 as the time to phase out petrol-powered vehicles in US yet most foolish Nigerians want such person in power. When will African learn how to play politics?

9 Likes 1 Share

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by realstars: 2:15am On Nov 20, 2020
yea! We will soon go back to our farms. maybe this could bring us peace and unity, or we go for divide and rule,!
May God help Us.

6 Likes

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by slimfit1(m): 7:22am On Nov 20, 2020
Dedetwo:


Most Africans are dunces. The Biden in US had hinted 2025 as the time to phase out petrol-powered vehicles in US yet most foolish Nigerians want such person in power. When will African learn how to play politics?

Well, what is happening in America is none of our business. There are electric cars that are replacing the engine cars. You need to open your eyes and see the new world. Biden brings stability. Don't expect people to be waiting for us to get sense before you prepare yourself for the future. The way you think is bad bro you need to upgrade.

70 Likes 8 Shares

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by Cocobongo(m): 11:26am On Nov 20, 2020
Yeah, we will find another way....thanks for the early notice

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by rowosky(m): 11:26am On Nov 20, 2020
We keep saying this
CRUDE OIL IS NOT THE FUTURE
the coming Nigerian generation will suffer
How will we pay back the debts they keep on borrowing.
They give birth to their children abroad and those ones acquire citizenship.
The ones that don't give birth abroad.
Later they'll send them there permanently.
While they leave the lower class in the country to pay a debt they didn't benefit from
I weep for Nigeria. cry

10 Likes 2 Shares

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by bignero: 11:26am On Nov 20, 2020
grin

Its good, perhaps the north will allow each region use their resources in peace..

Then the fulani enslavement of yorubers would end..

Yes i said what i said..

The north hates anything igbo related and don't hide..

The east dislike the hause man and wants restructuring or dislolution of Nigeria..

The Yoruba man is confused, and their the problem of Nigeria, when Jonathan was president, their leaders tinubu wanted restucturing, now hes in power he has gone fem.. He was attacked for his hand in the bloody end sars killings. nd foolish yoruber youths said its an attack on the youruber race... Am short of words for you guys... I mean the hausa man shows he hates igbos.. And vice versa, but you guys where and what do you belong?.. Many yourubers, not all though....

Make oil dry, i dont support any foolish ipob or dislolution of Nigeria.. But this entity is so fukved that only a miracle or dislolution can move this nation forward.

2 Likes 1 Share

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by Zico5(m): 11:26am On Nov 20, 2020
Nigeria will get sense by thunder by fire. It's time to reason if we get sense of reasoning. These set of rulers are already planning to relocate if things get worse. That's why they are embezzling as much they can before table turns.

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Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by Nobody: 11:26am On Nov 20, 2020
That means they would have to give Nigeria free Grants and loan forfeitures to balance trade..

You cannot only be receiving via education, medicals and exports of finished goods to same Nigeria.
Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by Nobody: 11:26am On Nov 20, 2020
Okk
Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by Openbusiness: 11:26am On Nov 20, 2020
Not just the UK alone, the entire Western world is going green, even giant auto brands like Mercedes, Porsche etc have started creating electric vehicles that they hope can compete with Tesla.

2 Likes

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by Ecomac1: 11:27am On Nov 20, 2020
F
Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by helinues: 11:27am On Nov 20, 2020
Mtcheeeeew,where there are so many countries on queue
Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by Destroyerofyeeb: 11:27am On Nov 20, 2020
They will drink the oyel after eating isi ewu with that their yellow eba that looks like stone grin.
Nigeriabiafra80:
So what will our oyel people do

8 Likes

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by Neddstark: 11:27am On Nov 20, 2020
Nigeria needs to start looking inwards and looking on how to utilizing its agricultural and human power resources to be economically viable. Nations without a single drop of oil in their ground are doing extremely well.

2 Likes

Re: UK Petrol Car Ban Threatens Nigeria’s Oil Sales by Ebenezer2021(m): 11:28am On Nov 20, 2020
Dedetwo:


Most Africans are dunces. The Biden in US had hinted 2025 as the time to phase out petrol-powered vehicles in US yet most foolish Nigerians want such person in power. When will African learn how to play politics?
God bless you for this

2 Likes

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