espn:
no brain..no beauty..den u totally bleeped!

Viktor1983:
I'm still trying to figure out how Saudi will agree to a decision that will benefit Iran.

dokgen:

If i may ask, what EXACTLY do you think will be the outcome of this meeting, and how it affect NIGERIA directly.
Malaysia came to Nigeria in the 80's to get palm oil seeds. Right now , one of the things that make their economy strong is that oil palm. We who supplied them the seed no dey even export. DOllar is only times 4.23 to Malaysian Ringitt. They didnt achieve that feat in 20 years by travellng around ON STUPID JOURNEYS.

drss:
suffering wetin na una go sufer when buari introduce his long awaited dream - Sharia law.

omolola15:


Actually they won't have any other option than to agree. The oil wahala is also causing their economy serious problem. And UN just lifted the sanction on Iran recently. If Iran start selling their oil, there will be further slump in oil prices. So other countries have to work together and find a way to talk to Iran so as to stabilize the price. Because Iran has been storing oil for years. So they have it in excess. And that might make them sell at any price.

Saudi needs to put aside their differences and find a way to work with Iran. Or else we'll all suffer for it.

Gordieshegz:



Broh,I can understand your concerns but believe me you saudi arabia is no country to take slightly in the international markets when oil products and prices are involved...
Our dear country needs international assistance and privileges so homeland cooperation will be very much vital to achieve these..

Presently, we seem to have used up the possible domestic measures we could adopt in rejuvenating our dying oil-dependent economy...I am sure you know a barrel increase in saudi arabia daily oil production will pose a challenge on nigerian economy, right?to avoid/reduce the possible effects of this, you have to come to terms with the great producing countries...

On your comment on Malaysia, it is saddening every time I remember that my native Ondo State and her sister Edo State gave birth to what Malaysia nurtured to what she is today, how saddening!!!

kilokeys:
His dream...
And they might understand each other very well...


Bla bla bla Guns, bombs... Bla bla bla money, crude oil.. Bla bla jihad, kill bla bla flex virgins.. Kai.. Paradise..

dokgen:

So, in otherwords we are not goin to diversify coz we squandered, If i may ask , who is we? You dey part of the people wey chop the money.
What nigeria needs is people who have a future oriented mind.
About money, IMF already promised to give us LOAN, if we need it. AMERICA has a debt of over 100 billion dollars. Thats what countries with a vision do. they borrow to improve their economy, not borrow to be TRAVELLING LIKE PRESIDENCY IS A VACATION SEAT. We need to stop being gullible as Nigerians and stop believeing this whole shit of blaming the past govt. WHat of the 2 trillion that they say they recovered using TSA. Is that one not enoght to rebuild KADUNA textiles to full functioning capacity or AJAOKUTA STEEL COMPANY in kOGI STATE, OR OIL PALM PLANTATIONS IN THE SOUTH EAST? what we lack, is a functioning head, not a money.

Emekamex:
This is just mere rhetorics, Saudi Arabia wont cut down oil production unless the USA, Iran and Russia do likewise, as these are their major competitors in the global market share.

Convincing these four nations to cut down production is almost impossible at this time as Iran and USA will not likely do this. Instead of still focusing on oil, why cant Buhari invest more time and effort in our agricultural and mining sector.

This is the time and our only chance of diversification; Mr President, dont waste this opportunity to get things right.

dokgen:

IRAN, RUSSIA , USA, SAUDI . ARE The major key players. BUt IRAN is the major problem, followed by USA. Nigeria can never convince any of this two guys. Hence the need to shun them and lets face our business by focusin on agriculture!!

dokgen:
Whihc
Which unfortunately will never happen. SO make Iran lose..coz of Nigeria, say wetin? them be una relation?

plaetton:


It's hard not to make fun of Buhari everyday, with all the comedy of errors emanating from his leadership and pronouncements.

For example, while Buhari is cooling off in the luxurious comforts of a Saudi palace, he has sold the bogey to his zombies that he intends to influence the Saudis to stabilize oil prices.

Of course, he and his propagandists are banking on the fact that Nigerians, especially the APC Nigerians, do not read current events.

Yesterday, for example, while Buhari is cooling off in the luxurious comforts of a Saudi place, the Saudis announced that they are preparing themselves for and can live with $20 per barrel oil.

And then today, Saudi oil minister Al-Naimi just announced moments ago that they are RULING OUT any cuts in supply of oil.

So, we are, once again, forced to ask:
Are Buhari and his advisers that naive to think that they can convince or jawbone the Saudis into an oil cut?

What exactly is the true purpose of Buhari's week long trip to Saudi Arabia, given that we do have an oil minister, Kachikwu, whose job it is to represent Nigeria's oil interests ?

revolt:
so " they resolved to do all their to help oil price" , a simple phone call could get that resolve. Now all tht baffles me is tht a learned fellow does not know tht market forces determine prices ie demand n supply. If u do not know y oil prices are dipping by now then......will he also tell Iran to halt production (they're not an OPEC nation if I'm wrong), lose their profits cos Nigeria is in recession, then wen the prices soar, hell put a gun on obamas head forcing the us to resume buying our oil. Buharis meeting wth the Saudi president is a jamboree from all indication, no FDI inflow from that, no trade agreements, absolutely nothing. In fact the relevant agencies will start discussing what? Oil price. Na wa

NobleAngell:
Nawao we are in trouble. The way this man is going about narrating all our problems is becoming worrisome. Nigeria where art thy pride and dignity? We are gradually becoming objects of pity.

omolola15:


I'm not saying Iran should lose cos of Nigeria. I just answered the question he asked. He asked why saudi will make a decision that will favor Iran. So my comment was based upon saudi and Iran. I ain't talking about naija.

gbagyiza:


I knw HW u feel, but we dnt hv an option for nw. We just hv to explore many ways in seeking for d solution to our problem.who knows which one will work.

NobleAngell:
Awww sorry dear. D beauty is undeniable, d brain definitely is loaded. But U are definitly pained abt something no one knws abt. Go sort yrslf out.

NobleAngell:
Nawao we are in trouble. The way this man is going about narrating all our problems is becoming worrisome. Nigeria where art thy pride and dignity? We are gradually becoming objects of pity.

SegunAdewole:
How can presidiot bokoharii join a coalition against terror when he himself is blood terrorist?

An attack against boko haram is an attack against the north- Presidiot Mumuhamadu Buhari.

espn:
lol.. someone must be deceiving u..i cant imagine what u look like early in d morning..even with d make up..not impressed!

jpphilips:



why dont you just follow the news to educate yourself, nobody is considering a deliberate production cut, that will be counter productive, the low prices can force you to cut production, most expensive fields in the US are shut down leading to an 80,000bbls off their production.

Iran is not a major player at the moment so it is inconsequential what iran does, Iran has the capacity to take his number 7 spot in the world but those fields have not been operational for years, oil fields are no boreholes, it will take time before Iran asserts any influence.

Saudi, Russia and venezuela have agreed to a "production freeze" that is a huge deal coming from 2,3 and 12 spots, now the Nigerian oil minister has shifted the OPEC timetable from June to March which will see an early implementation of that deal.

All Nigeria needs do is to convince Saudi not to go solo with the deal rather make it an OPEC agenda in the coming meeting, that will bring on board 13 countries at various spots, with russia on the side of OPEC, OPEC influence will grow beyond its current 40%, should more countries agree to the deal, that will see that number grow significantly.
The news of such alliance alone will set wall street on fire and oil price will be better for it, I hope you are aware that since Russia agreed to a production freeze with Saudi alone, oil has seen a 7% increase in price, extrapolate what will happen if the 13 OPEC nations plus any other non OPEC they can convince?

It is a lobby thing, try to get as much countries as you can on board, so when Mr president jets around, it is not without purpose.

"Production Freeze" refers to the last production date without a surplus, it is implemented in two ways;

member countries are expected to maintain that production for a time frame or just halt production for a while, the former is a more realistic strategy in our current reality.

"Production cut" refers to downgrading production over time, that strategy worked in the past but it has become obsolete because a non OPEC member is at the number 1 spot, once you do that, kiss your market share goodbye and no producer want that to happen.
secondly, OPEC's control is just 40% of the world's output hence their influence on the global scale has waned.

You mentioned Agricultural investment, why will Buhari do that? is it an area of competitive advantage for Nigeria? most of our Agro exports are purchased by Nigerians abroad, that is no market penetration that is why Agro export has remained low for decades.
Nigeria is under EU sanctions on Agro export yet you advise Buhari to invest there, are you for real? I can see some desperation for this man to fail.

Can your Agricultural produce penetrate the American market? where your seedlings are gonna face competition with genetically modified seedlings, do you have that capacity? do you know how long it took others in research and investment before they got there?
why will you invest where you are on a serious disadvantage?

In my opinion, our focus on Agriculture should be for self sufficiency, if we have excess rice, it may discourage rice imports which will relieve FOREX pressure in the long run not the stup!d export ideas people are branding about.

A full boneless chicken in the US is around $5.98, if you tone it down to our full bone chicken with natural weight, it should retail around $1.25 ie 248.75naira (official rate), this amount is not the true price of chicken in the US but that is what people will pay, somewhere along the line in the chicken production chain, the farmer has enjoyed some subsidies to be able to sell at that price.
How can you ask Buhari to make investments that will compete with the US and Uk government subsidy?

The drugs alone to raise chicken in Africa has exceeded the 248naira you wish to gain, what about other factors of production and freight?

I agree with mining but ask yourself, how many of our solid minerals are competitive in the international market, what is the quality of Nigeria's copper, Iron ore, cobalt and Tin compared to the standard that rakes in good bucks? have you bothered to find that out?
where you can point to a few solid minerals that is competitive out there, where is the money to invest?
we saw a 6.08T budget that has over 1t debt servicing and a 2.2T deficit, where is the money I ask? Have you priced a crusher lately in the international market?
Should Buhari increase VAT to 20% to raise that money, will you be happy?

I tell you what, majority of buhari's critics are extremely lame, they are failures in their various private endeavour that is precisely why they criticize absent sense.

Look at Prof Pat Utomi's s!lly criticism of buhari's no devaluation policy, instead of telling Nigerians that he has Nigerian bonds which a devaluation will skyrocket his interest rate, he was talking trash on TV, I believe the current $ price will make him look like a goat of economics after predicting over 500naira against the naira while claiming that Buhari has secretly devalued the naira.

Enough of all the lame criticisms absent substance, we voted for a 4 year deal, after that we will assess his progress report, that is what sane people do, Nigerians must not prove to the world that they are too dumb for democracy. .

A man must be allowed to take a test before you pronounce fail or pass, Mr president has not even arrived the test venue yet Nigerians are pre empting his test score, where is the wisdom in that?

NobleAngell:
Hehehe. Now u wanna imagine what I look like in d morning cus u gat nothing on me. Funny!

Oh and by d way, I sincerely hope that's not you on your profile picture.

espn:
No..my spirit!

NobleAngell:
And u were talking about not being impressed? Lmao.

espn:
u don't v a point my dear..u know d truth..stop playing mind games with yourself..stop bin sarcastic. I love d way u consoling urself to get back at me..try harder!

mbhs139:


You know, sometimes, I just wonder what some citizens stand to gain if this man fail? Perhaps they have forgotten that we, the citizens, will be the ones to go down if he fails. I understand that some of them are still suffering from the defeat of their 'hero', but then, we have to move on.

NobleAngell:
Sarcastic? U kidding me. Dat pic is horrible.

espn:
arguing with u will be a complete waste of time! Visit jobberman.. seems u don't v anyfin doing!