NewStats: 3,264,093 , 8,182,578 topics. Date: Monday, 09 June 2025 at 04:15 PM 1m5wh

SocialJustice:
Please can you explain more, how can a person buy the oml for say $500m then leave it idle what of loan interest?

It's 20 million dollars

Use it as base to take loand running into 100s of millions of dollars

Or you sale 80% of your stake to foreign partners but that's rare

Otamendi99:


U get money, person stop u from bidding? Use dat time to hate & hustle.

Shut up

mrvitalis:

It's 20 million dollars

Use it as base to take loand running into 100s of millions of dollars

Or you sale 80% of your stake to foreign partners but that's rare

It is a bid, there is no fixed price. Or are all deep water assets being auctioned at $20m?

E no comrade
All na Block

dibunotion:
One day I'll own one of these oil blocks.
Buh right now make I continue molding blocks

SocialJustice:
It is a bid, there is no fixed price. Or are all deep water assets being auctioned at $20m?

Biding for nigeria? Most would be less even cap is 20 million dollars

Alakija was a tailor when he got one because of... ..

Oga the bidding is not open

Development of this wells can cost 500 million dollars to 4 billion dollars depending on the well

Slytiger:
Good.

to run a and witchcraft is 5&6

All the Oil Blocks and owners should be public information and what they are producing daily...we need to get to 3 million barrels per day so sell and keep selling...we must develop Nigeria ASAP

nlfpmod:


https://punchng.com/fg-offers-17-new-oil-blocks-for-bidding/

Gwan2:
If you dey share National cake....no forget the celebrant

And the celebrant is the Niger Delta indegenes

Slytiger:
Good.

Do you know how one can get the list of oil blocks in Nigeria and their owners/operators?

How will that affect the price of garri which is the staple food of yoruba men who are on nairaland 24/7 defending thieffnubu on empty stomach?

idiflexzy:

This is exactly why these politicians loot money
We have oil deposits that seems ephemeral but in real our oil reserves wil keep growing as we are yet to even discover other deposits, plus the ones we are exploiting is just primary recovery which recovers 35% max of the oil in place.
So they borrow and borrow and loot cause we seem to have unending oil deposits.

It’s crazy

Really Crazy Dude... Of what use is this oil reserved to Nigerians... Bad Govt.

mrvitalis:

You obviously know nothing about the oil industry

How many of them can afford the development of an oil well? They are just dashed oil well then use it as base to take loans

This things are beyond you

He can't comprehend Bruh!

Congratulations 🎊 to those that scaled through @NUPRC @apl as issuance set to comnence !!!

Infofromsource:
Congratulations 🎊 to those that scaled through @NUPRC @apl as issuance set to comnence !!!

Is that next week please?

Infofromsource:
Congratulations 🎊 to those that scaled through @NUPRC @apl as issuance set to comnence !!!

Thanks for d update. The N*P*C hopeful should get ready Apl is very close from all indication.

Congratulations in advance to those that will finally make it.

us ohhhh

Drokhinig:


Thanks for d update. The N*P*C hopeful should get ready Apl is very close from all indication.

Congratulations in advance to those that will finally make it.

us ohhhh

Thanks for this update. All the best to everyone hoping. Do you have intel that it’ll be like this week?

Amy1544:


Thanks for this update. All the best to everyone hoping. Do you have intel that it’ll be like this week?

Nobody knows except CCE and key management staff mostly HR.

Drokhinig:


Nobody knows except CCE and key management staff mostly HR.

True. Thank you.

Rain don de fall woo @NUPRC ,I de look for where I go hide

Realinfo2021:
Rain don de fall woo @NUPRC ,I de look for where I go hide

Amy1544:

.

Realinfo2021:
Rain don de fall woo @NUPRC ,I de look for where I go hide

Plz hide your big head

Drokhinig:


Thanks for d update. The N*P*C hopeful should get ready Apl is very close from all indication.

Congratulations in advance to those that will finally make it.

us ohhhh

Drokhinig:


Thanks for d update. The N*P*C hopeful should get ready Apl is very close from all indication.

Congratulations in advance to those that will finally make it.

us ohhhh