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Otògè Tinubu is cooking. All these clampdown won't help APC overcome 3rd position. |
There is no need deceiving yourselves and think you are deceiving Nigerians. We have intelligent Nigerians who do not take statistics and narratives on the surface. So, lets do the maths: Assuming that the exchange rate is N1500 to the $, then we have received equivalent of $13.7B (N20.59T) Of this amount, non-oil export accounted for $10.4B or N15.6 T, according to Tinubu and lieing APC government. It therefore means that oil export accounted for $3.3B revenue in the last 8 months. A BIG FAT LIE Every Nigerian knows that we export crude daily and our average production is 1.6 million barrels a day, (that is we export 1.7 to 1.8 million barrels per day (bpd). Also, we know that the average price for WTI crude oil in the first seven months of 2025 was $68.25 per barrel, while the average for Brent crude oil for the year is estimated to be around $80.53.. For the purpose of this analysis, we assume the following: Average daily oil production and sale = 1.6m barrels No. of days of oil production YTD: 8months * 25 days = 200 days Estimated production and sales YTD = 1.6million barrels * 200 days = 320,000,000 barrels Then, since we sell at $70 per barrel, then our OIL REVENUE FOR 2025 WILL BE 320,000,000 BARRELS * $70 = $22,400,000,000 (Twenty two Billion, Four Hundred Million Dollars) When we translate this to Naira at the exchange rate of N1500 to the USD, you have N33.6 Trillion, The questions are: i. How did FG get their N20.6 Trillion, when estimated oil revenue alone is N33.6T? ii. If non-oil revenue is truly N15.69 Trillion or $10.5B, then the only revenue estimated from oil sales is N4.9T or $3.3B. This government has to tell Nigerians where the difference of $30.3Billion went to as that revenue is MISSING |
There is no need deceiving yourselves and think you are deceiving Nigerians. We have intelligent Nigerians who do not take statistics and narratives on the surface. So, lets do the maths: Assuming that the exchange rate is N1500 to the $, then we have received equivalent of $13.7B (N20.59T) Of this amount, non-oil export accounted for $10.4B or N15.6 T, according to Tinubu and lieing APC government. It therefore means that oil export accounted for $3.3B revenue in the last 8 months. A BIG FAT LIE Every Nigerian knows that we export crude daily and our average production is 1.6 million barrels a day, (that is we export 1.7 to 1.8 million barrels per day (bpd). Also, we know that the average price for WTI crude oil in the first seven months of 2025 was $68.25 per barrel, while the average for Brent crude oil for the year is estimated to be around $80.53.. For the purpose of this analysis, we assume the following: Average daily oil production and sale = 1.6m barrels No. of days of oil production YTD: 8months * 25 days = 200 days Estimated production and sales YTD = 1.6million barrels * 200 days = 320,000,000 barrels Then, since we sell at $70 per barrel, then our OIL REVENUE FOR 2025 WILL BE 320,000,000 BARRELS * $70 = $22,400,000,000 (Twenty two Billion, Four Hundred Million Dollars) When we translate this to Naira at the exchange rate of N1500 to the USD, you have N33.6 Trillion, The questions are: i. How did FG get their N20.6 Trillion, when estimated oil revenue alone is N33.6T? ii. If non-oil revenue is truly N15.69 Trillion or $10.5B, then the only revenue estimated from oil sales is N4.9T or $3.3B. This government has to tell Nigerians where the difference of $30.3Billion went to as that revenue is MISSING |
UcheKingsley1:Better than the disaster in Aso Rock now. A babablu bulaba error of the 21st century |
Pages 1 and half were condolences that the corpse may have accepted. Or maybe they were made by spirits. |
SarcasticWords:Stop spreading lies. You can lie about whatever you wish, but noone ever told you that Christianity originated from Europe. |
Proceed with the elective convention, Wike is a drowning man. He cannot do more his talkative self. Next time we will report him to International Democratic Union where the likes of Trump and EU will slam him and his co-travelers with sanctions and visa ban. The same fate awaits Professor Mahmud Yakubu. Their dossiers are piling up. Imagine creating 1.3m fictitious voters in one region, while others are recording 30000. |
helinues:See this one ,,, yester-months it was Kwankwaso is the best deputy, today it is Shetimma. Una think say North na mumu?,
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Op will that help us answer the question posed here?
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SarkinYarki:Don't mind the ... what a senseless statement |
Jonathan should come and complete what ge started. We are tired of these bunch of failures. |
Who will vote Tinubu in Enugu State? Even the Governor kitchen staff will not vote for Tinubu. |
Words on Marble 2025 (Unlimited Edition)
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Tinubu ooo! Who are your parents and where did you school? - Helienus - Madridguy - Coronacirus - etal come ooo trouble do burst.
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Pompoma:Reason they will keep you as a "pet" to be used when stressed "Hot". |
Deji is irrelevant to who wins presidential elections. Who has been voting for in the past other than his ethnicity or cashtivist politicians |
tito44:He has Amaechi's laptop to come on NL and tell stories. If NL crashes, the guy will be useless to himself and his generation. Even now after 2027, he will be useless. |
helinues:I hope they have replaced your "Amaechi Laptop"? It is already 10 years old and may soon lose Operating system license. |
Feloow Nigerians we need to petition these lenders to stop lending these thieves money. Instead, Japan should construct the transmission lines and operate for 10 years to recoup their investment. |
DomPerignon:I don't just know how you people who support Tinubu reason. It is true that when you join APC, your brains are no longer useful asset. Every form of same sex relationship = GAY. By the way, what impact does a son or daughter being gay have to do with leadership? Is Tinubu's failure due to Obi's son or his own daughter? |
Incompetence is inbuilt in Tinubu. While he is busy galivanting, the people who voted for him are being killed. |
How I wish Peter Obi lowers his expectations and support Atiku to booth out these rogues. Anyway, time shall tell. |
Nnamdipapa:Why not relocate there and enjoy your life. You all go online and spew nonsense, your 8 hours pay exceeds Nigerian 30 days wages and you dare to compare prices. |
You cannot give what you do not have. Tinubu's only asset is "Failure" and that is what he can offer |
madridguy:Do Muslims allow Christians to marry their daughters ... will you not disown your daughter for marrying a Christian? We Christians do not do combo, we Christianize our wives. |
ADC may take Ogun State in 2027. Aregbe need to start courting Amosun, Folarin, Gbenga Daniel and others tgat Abiodun has sidelined. |
Una go explain tire, no evidence. They are just out to steal, to destroy nothing more. |
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