Hmmm

WibusJaga:
.

1,600,000×₦800 =₦1,280,000,000.00
That's over 1Billion Naira every day.

Vote a Prudent & Accountable Leader like Peter Obi & watch Nigeria take her place as the Giant of Africa.

Lol very naïve calculation. They don’t use black market rate for calculating these transactions.

WibusJaga:
.

1,600,000×₦800 =₦1,280,000,000.00
That's over 1Billion Naira every day.

Vote a Prudent & Accountable Leader like Peter Obi & watch Nigeria take her place as the Giant of Africa.

What are you calculating? Average cost per barrel is $80. If you do that at exchange rate of #400 - $1, you will get approximately 51billion naira per day.

WibusJaga:
.

1,600,000×₦800 =₦1,280,000,000.00
That's over 1Billion Naira every day.

Vote a Prudent & Accountable Leader like Peter Obi & watch Nigeria take her place as the Giant of Africa.

Tai!

Why you day use aboki fx rate?

WibusJaga:
.

1,600,000×₦800 =₦1,280,000,000.00
That's over 1Billion Naira every day.

Vote a Prudent & Accountable Leader like Peter Obi & watch Nigeria take her place as the Giant of Africa.

Who told you one barrel of crude oil is N800?

WibusJaga:
.

1,600,000×₦800 =₦1,280,000,000.00
That's over 1Billion Naira every day.

Vote a Prudent & Accountable Leader like Peter Obi & watch Nigeria take her place as the Giant of Africa.

olodo obidense. So a barrel of crude oil is #800

And they have not remitted money to the nation for a long time.
So what's the point

WibusJaga:
.

1,600,000×₦800 =₦1,280,000,000.00
That's over 1Billion Naira every day.

Vote a Prudent & Accountable Leader like Peter Obi & watch Nigeria take her place as the Giant of Africa.

You things can like deceiving yourselves in the country of the fantastically corrupt, even to give Local Government autonomy was rejected by you people?

Change Nigeria Indeed, Obi will come & perform magic, yet the people in Anambra are steadily moving to Lagos state in mass for years now?

WibusJaga:
.

1,600,000×₦800 =₦1,280,000,000.00
That's over 1Billion Naira every day.

Vote a Prudent & Accountable Leader like Peter Obi & watch Nigeria take her place as the Giant of Africa.

Mugu, so a barrel equals to a litre ba with that your shakabula calculations abi....
Dey play...

Since Peter Obi warned them it has been rising.

NigerianAngelo:
Since Peter Obi warned them it has been rising.

Yet Ndi Anambra are not rejoicing about anything?

Dr Mrs Okadigbo is working.

It will not have any positive impact on the Nigerian economy, because it will be taken outside to refine and brought back to the country with only two products; petrol and Diesel,where are the other products and the residues.The country is bleeding to death with corruption.

What kind of calculationis this. Oil is sold in dollars.
Where r u getting 800 naira from and to even think you are projecting nigeria to earn I.2 billion naira a day. That is the money some politicians make a day in this country

WibusJaga:
.

1,600,000×₦800 =₦1,280,000,000.00
That's over 1Billion Naira every day.

Vote a Prudent & Accountable Leader like Peter Obi & watch Nigeria take her place as the Giant of Africa.

WibusJaga:
.

1,600,000×₦800 =₦1,280,000,000.00
That's over 1Billion Naira every day.

#800 you say?
When a barrel of crude is around $80 I think

WibusJaga:
.

1,600,000×₦800 =₦1,280,000,000.00
That's over 1Billion Naira every day.

Vote a Prudent & Accountable Leader like Peter Obi & watch Nigeria take her place as the Giant of Africa.

That's not enough for Nigeria even if prudently managed.

We need much more than that. Call me when we.earn five times that daily, then we can talk.

Plus oil prices are falling globally.

Finally from 2014 to 2022 oil prces were very low. Wehad to take loans. Whoever wins, the loans must be paid back plus we need more loans because the oil money is not enough

FalseProphet1:
When Peter Obi wins, I see fuel, diesel, kerosene and gas becoming affordable to the common man.

This I have seen.

The only way we can have that is if subsidy is removed totally and completely.

Plus fuel can never be affordable. It must be sold at a profit and must be refined properly to reduce its impact on the environment and so that there would be enough kudi for its transport and refining.

If you want 20 naira fuel, better be prepeared for heavy duty debt galore.

What are their plans to hit 3mbpd+

Alright

TheRareGem1:

https://dailytrust.com/nnpcl-confirms-rise-of-oil-production-to-1-6m-bpd/

Another billion for nigeria politician to mike

WibusJaga:
.

1,600,000×₦800 =₦1,280,000,000.00
That's over 1Billion Naira every day.

Vote a Prudent & Accountable Leader like Peter Obi & watch Nigeria take her place as the Giant of Africa.

How very very Wrong you are.... SMH

LMAO
Funniest shit i've read today on the internet.

FalseProphet1:
When Peter Obi wins, I see fuel, diesel, kerosene and gas becoming affordable to the common man.

This I have seen.

Ayomidema:
Please if anybody can help me with any little amount to eat I will be very happy. Feeding is a big problem for me and my family please no matter how small. I havent eaten anything since yesterday in the morning pls. My dad is a retired teacher and my mom is late. Am a single mother with my own son mouth to feed, the little money I make have use it to cater for my dad illness and pay house rent but his health is getting worst. Now we can't even eat or buy water to drink. Please if you're reading this message pls come to our aid, no matter how small it will go a long way pls. May God meet you at the point of your need as you have show us mercy amen

Acct num:
Opay 🙏🙏

@Dominique

Shiando don create opay account to continue her fraud

So why do we have to borrow massively to fund the budget if production has nearly doubles

WibusJaga:
.

This country is blessed.

If you Transfer all Americans into Nigeria & all Nigerians into America & give them sometime to govern the respective countries.
After 10 years, Nigerians in America will start seeking visa to Nigeria.

110% True

TheRareGem1:


https://dailytrust.com/nnpcl-confirms-rise-of-oil-production-to-1-6m-bpd/

I hope this increase is real and not audio production? Cos different parts of govt give different figures. Don't be surprised by tomorrow NUPRC or NEITI will come and say Nigeria's production is 1.2mbpd.

However, to maximize the benefit of the Dangote refinery, we should be producing 2.5mbpd. So that the 600kbpd refined by Dangote and additional 100kbpd by PH refinery and modular refineries, which do not count to OPEC quota, will allow us export the 1.8mbpd OPEC quota and we earn the full value of our quota in USD.

WibusJaga:
.

1,600,000×₦800 =₦1,280,000,000.00
That's over 1Billion Naira every day.

Vote a Prudent & Accountable Leader like Peter Obi & watch Nigeria take her place as the Giant of Africa.

I hope you know only about 50% of Nigeria's production belongs to the government. The other half goes to JV partners.

So it should be 1,600,000*800*80*.5=N54,400,000,000.00

More oil longer queue

Why giving us aroma of food we are not going to eat.Why giving us aroma of food we are not going to eat....

WibusJaga:
.

1,600,000×₦800 =₦1,280,000,000.00
That's over 1Billion Naira every day.

Vote a Prudent & Accountable Leader like Peter Obi & watch Nigeria take her place as the Giant of Africa.

There's always a pattern amongst you obidients and I find it quite below par.
Who told you a barrel of crude is N800?
Also,are there no operating costs in lifting this crude from beneath the earth's surface?

SeaTrade:
There's always a pattern amongst you obidients and I find it quite below par.
Who told you a barrel of crude is N800?
Also,are there no operating costs in lifting this crude from beneath the earth's surface?

They are always quick in pressing the calculator and doing exchange rates

1 barrel is around $70-80 presently if am right.
It takes nigeria about $26 to drill a barrel of oil (total running cost) and the sharing formula between nigeria govt and IOCs is 60/40.
So roughly, nigeria government is making about $30 per barrel currently.

jospepper:
More barrels of crude for the looters.

True talk.
Even if we sell 1.6bn barrel per day, Buhari will still borrow money.
A poor mind can never be made wealthy by simply acquiring more money.