Ethiopian News and Opinion Forum


The looting of Nigeria. By Thomas Mountain.

Postby Zmeselo » 21 May 2012, 11:18





Re: The looting of Nigeria. By Thomas Mountain.

Postby revolutions » 21 May 2012, 14:56



This just makes me sick to my stomach.
:evil:

If 4 million barrels of oil are being shipped out of Nigeria daily at $100 a barrel, times 30 days a month times 12 months you arrive at almost $150 Billion a year in potential oil revenues for Nigeria.

The problems is not just theft but the fact that the western oil companies are literally looting Nigeria’s oil, paying as little as a 9% royalty.

Do the math, 9% of $150 Billion minus the one third oil that is stolen and the Nigerian government only receives about $10 billion a year of this amount.

Simply put, at $100 a barrel the western oil companies get $91 and Nigeria only gets $9. Or more shockingly, Big Oil makes $140 billion a year vs. Nigeria’s $10 Billion.



Re: The looting of Nigeria. By Thomas Mountain.

Postby hmantes » 21 May 2012, 17:31


revolutions wrote:
This just makes me sick to my stomach.
:evil:

If 4 million barrels of oil are being shipped out of Nigeria daily at $100 a barrel, times 30 days a month times 12 months you arrive at almost $150 Billion a year in potential oil revenues for Nigeria.

The problems is not just theft but the fact that the western oil companies are literally looting Nigeria’s oil, paying as little as a 9% royalty.

Do the math, 9% of $150 Billion minus the one third oil that is stolen and the Nigerian government only receives about $10 billion a year of this amount.

Simply put, at $100 a barrel the western oil companies get $91 and Nigeria only gets $9. Or more shockingly, Big Oil makes $140 billion a year vs. Nigeria’s $10 Billion.



Numbers that not only make you cringe at the thought...but actually make yu sick to the stomach.



Re: The looting of Nigeria. By Thomas Mountain.

Postby Akele » 21 May 2012, 20:11


this moron cracker still talking lol



Re: The looting of Nigeria. By Thomas Mountain.

Postby revolutions » 21 May 2012, 20:33


Akele wrote:this moron cracker still talking lol


Adwash, my ungrateful, back-stabbing Tigraway brother from Adwa,
His tax dollars are keeping you woyanes alive. Don't bite the white hand that feeds ya!



Re: The looting of Nigeria. By Thomas Mountain.

Postby Akele » 21 May 2012, 20:50


revolutions wrote:
Akele wrote:this moron cracker still talking lol


Adwash, my ungrateful, back-stabbing Tigraway brother from Adwa,
His tax dollars are keeping you woyanes alive. Don't bite the white hand that feeds ya!

the only fat, ugly, white journalist in eritrea, shame shame on you robots. 30 yrs plus over 100,000 dead for this..shame shame



Re: The looting of Nigeria. By Thomas Mountain.

Postby revolutions » 21 May 2012, 20:57


Akele wrote:
revolutions wrote:
Akele wrote:this moron cracker still talking lol


Adwash, my ungrateful, back-stabbing Tigraway brother from Adwa,
His tax dollars are keeping you woyanes alive. Don't bite the white hand that feeds ya!

the only fat, ugly, white journalist in eritrea, shame shame on you robots. 30 yrs plus over 100,000 dead for this..shame shame


Your anger is misplaced, my coward Tigraway brother. Journalist Thomas C. Mountain never killed your Abay Tigray dream to warrant your rage. The Eritreans you fear most did.



Re: The looting of Nigeria. By Thomas Mountain.

Postby Akele » 21 May 2012, 21:18


revu
tembenai isaias afkelbi has jailed all pure pure through and through eritrean journalist except one so called white guy journalist lol...blood sucking vampire wedi 40



king wedi 40 in the land of awate..shame shame
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Re: The looting of Nigeria. By Thomas Mountain.

Postby Awash » 21 May 2012, 21:44


hmantes wrote:
revolutions wrote:
This just makes me sick to my stomach.
:evil:

If 4 million barrels of oil are being shipped out of Nigeria daily at $100 a barrel, times 30 days a month times 12 months you arrive at almost $150 Billion a year in potential oil revenues for Nigeria.

The problems is not just theft but the fact that the western oil companies are literally looting Nigeria’s oil, paying as little as a 9% royalty.

Do the math, 9% of $150 Billion minus the one third oil that is stolen and the Nigerian government only receives about $10 billion a year of this amount.

Simply put, at $100 a barrel the western oil companies get $91 and Nigeria only gets $9. Or more shockingly, Big Oil makes $140 billion a year vs. Nigeria’s $10 Billion.



Numbers that not only make you cringe at the thought...but actually make yu sick to the stomach.


I see a striking resemblance btw you and your a@game dictator. :lol: :lol: :lol:
dictator_Isaias1.jpg
dictator_Isaias1.jpg (21.39 KiB) Viewed 202 times
revu.jpg
revu.jpg (27.03 KiB) Viewed 202 times



Re: The looting of Nigeria. By Thomas Mountain.

Postby revolutions » 21 May 2012, 22:33


Akele wrote:revu
tembenai isaias afkelbi has jailed all pure pure through and through eritrean journalist except one so called white guy journalist lol...blood sucking vampire wedi 40

king wedi 40 in the land of awate..shame shame


Adwash, my Tigraway brother,
tell us why you woyanes are selling millions of hectares of Ethiopian land to foreigners and hundreds of thousands of Amhara and oromo babies to white pedophiles ?



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