The $60 Billion Oil Company That OWNS Nigeria
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- Опубліковано 7 тра 2023
- This is the complete story of the NNPC, the $60 Billion oil company that owns Nigeria.
In this episode, we will look at the figures holding the company hostage with ridiculous corruption and personal enrichment, we will see some of the reforms going on in the oil company, we will also look into some of the challenges facing them.
Sources:
docs.google.com/document/d/1a...
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NIGERIAN HAVE OIL WHY DOES SHE NEEDS TO JOIN "OPEC"
NNPC HAVING BEEN STEALING FROM DAY ONE OIL WAS FIND IN NIGERIAN
I love it . Very informative . I had heard about this Malibu story before but not as extensively and as informative. You’ve definitely put in a lot of work in this , much appreciated
@@waterfrancis4794 Every oil producing nation join OPEC for oil price regulation and to have a say in international oil trade decisions. Even Russia is a member
Dangote Enterprises, Globacom, Transcorp, Alpha Beta, BUA, and. Julius Berger have assets that make NNPC look like a joke. The NNPC share of the Nigerian economy is in sharp decline and that will continue perpetually
Thinking about Nigeria on a Monday will ruin your entire week. The country is just tiring in every aspect.
Well done Bela 👍
SO true....I just stopped watching! Atrocious! We as Africans are so self loathing...there's no any other reason for doing what we do to ourselves!
There should really be no one poor in Nigeria 😢
As in the money is just too much
That they don’t even know how to make use of it
They rather hide it
The west is robbing us pretending to be for us, the government is also of the same feather plumage with them. That is a dream so long in coming
its not possible
Your videos are rare. You deserve a million subscribers..can't imagine how much time u put into this
Thank you.
He won't get that much recognition because we hate education. We trade responsibility for comedy and fun so that stupid people become rich for screwing up the society
You really deserve a national award for your high-quality, educative, and informative videos. Keep up the good work. The discovery of oil in Nigeria was meant to be a blessing to the country but it had proven to be a curse. I hope the stakeholders will head to your advice towards the end of the video and do something different.
The oil belongs to the people not the dirty politicians in Nigeria.
Nigeria rulers has stolen trillions of the Nigeria money, they can provide electricity and roads majority of Nigerian are hungry.
Jude ooh! Jude! Abeg dey calm down mey dem no go carry you go where we no know 😭😭😭
This is top class investigative journalism. Absolutely well presented and researched. 👏🏾💥
Damn... You're too good, you should be getting 1+ million views. And your UA-cam script writer is Goated.
Rule number one... Follow the money.
I love this video so much, we know Buhari has been a bad president, can we applaud him for this one as stated that NNPC made profit only under this administration since it has been established?
This guy is a genius! A patriot per excellence! I can't express my gratitude for stumbling into this wonderful piece of work. You're doing a great great job, brotherly. Keep feeding us back to back 💪♥️
I am proud of your work's keep it up 👍👍
Thank you.
I almost didnt blink throughout seeing this video...such a nice and well researched work. And indeed, I didnt know the NNPC is being restructure as much as this. Kudos to this administration. Hope the incoming one would consolidate on this achievement.
The biggest challenge to the NNPC is the fact that many nations are trying to move away from their products. As as you've rightly mentioned at the beginning of the video, all most all of NNPC's business comes from exports. That's the biggest problem. Renewables are going to be what puts an end to this sham of a company and I'll be very happy to see the end of the NNPC.
If Nigeria was not so damn corrupt, all the years of oil revenue would fueled other sectors of investment to make it possible to make revenue in other ways
You are wrong though, they are diversifying aggressively to gas where the new money is.
@@oluakinwale4859 Gas has always been there. Nigeria is just playing catch up, as usual..
@@caesarx8139 facts
@@oluakinwale4859 Gas is still seen as a fossil feul by the big consumer nations albeit a cleaner one but it still emits tonnes of carbon nonetheless. Thus they intend to phase it out when their alternatives work better. For example take a look at France. They prefer getting most of their power from nukes and the rest from wind solar and hydro. By the time France starts using 100% EVs and trucks, the only means of transportation needing oil will be Aircraft and there will be no need for gas. Furthermore, EU nations are prioritizing energy security and that's the major motivator for going "green". You can say the same about China and US. Once they achieve the so-called energy security by going independent of other nations, that's it, Nigeria won't have that leverage anymore.
Bro keeps getting better and better! W content, W research, W editing, W youtuber
Thanks brother
Very insightful and detailed. First profit in 40years 😮😮😮 when vandals and corrupt politicians are rolling out profits on a daily basis from the same oil theft business 😂😂😂Naija we hail thee
Corruption in the oil and gas sector is a major problem in Nigeria. It has a negative impact on the economy, the environment, and the people of Nigeria.
Corruption in the oil and gas sector can take many forms, including:
* Bribery and extortion
* Nepotism and cronyism
* Mismanagement of funds
* Illegal oil bunkering
* Oil theft
* Pollution
Corruption in the oil and gas sector has a number of negative consequences, including:
* Loss of revenue for the government
* Increased poverty and inequality
* Environmental damage
* Social unrest
* Political instability
The Nigerian government has taken some steps to address corruption in the oil and gas sector, but more needs to be done. The government needs to strengthen its anti-corruption laws and institutions, and it needs to hold those who are corrupt accountable. The government also needs to work with the private sector to develop a more transparent and accountable oil and gas industry.
Corruption in the oil and gas sector is a complex problem, but it is one that must be addressed if Nigeria is to develop a more sustainable and equitable future.
There are also a number of disadvantages to Nigeria exporting crude oil.
One of the main disadvantages is that it leads to a reliance on oil revenue. This means that the Nigerian economy is vulnerable to fluctuations in the global oil price. When the oil price falls, Nigeria's economy suffers. This can lead to job losses, economic hardship, and social unrest.
Another disadvantage of exporting crude oil is that it does not lead to the development of other industries. When Nigeria exports crude oil, it does not add value to the product. This means that Nigeria misses out on the opportunity to create jobs and develop other industries.
Finally, exporting crude oil can have a negative impact on the environment. The oil industry can pollute the environment, and it can also contribute to climate change. These environmental problems can have a negative impact on the health and well-being of Nigerians like the people of Ogoni in Niger Delta.
In conclusion, there are a number of disadvantages to Nigeria exporting crude oil. These disadvantages include a reliance on oil revenue, a lack of economic diversification, and environmental damage. Nigeria should consider diversifying its economy and reducing its reliance on oil exports in order to create a more sustainable and equitable future for its people.
This is a whole economic dissertation lol
Keep it up 👍 😊💔💔
Thank you.
Thanks for all the research. You cannot imagine how important the information is, especially from an informed Nigerian.
Sometimes it is better to be in the dark. Your realities will be different.
However, how long shall we continue to remain blind?
If you know about the corruption in every sector in Nigeria, you might fall sick immediately and you will never see Nigeria the same way again. The Nigerian Oil and Gas Sector is the worst national oil and gas company in the world.
There is no such thing as the Nigerian Dream. It Me, my family, and my cohort.
Greed. Greed. Greed.
Guy your narrative ability is top notch 👌🏿
Thank you.
Nigeria get money oo
Yea.
@@realjudebela Chaiiii
Good editing!
Please make sure U keep safe
I pray that this channel grows to 1million subscribers. You are opening the eyes of people 🎉🎉
Nice video I asked this question all the time is Nigeria really selling crude oil or groundnut oil. Take a look at KSA ,UAE and they likes Angola you will know why all our politicians should rot in jail for all I care
Wonderful work boss 💪💪
Thanks
Great video as always!! Jude is an African Gem..... is that Mopha @ 6:47
I couldn't help crying for our dear country
Watching from Zimbabwe🇿🇼 Excellent reporting!
This is really great work. Thank you for doing it.
Thanks for your support.
Thank you for this! Been waiting for the drop
🙌
We love you Jude ❤❤❤... You are doing a great job. 👍🏽🌹
All this corruption under the petroleum minister who is also the Nigerian president.
Thank you for doing this. It has changed my view of Nigeria considerably. I’m from California, USA… you have world reach.
Thank you.
This is a top notch video with balance content and extraordinary presentation. Thanks for what you do.
Nigeria is actually ahead of Angola in oil and natural gas production...I think that info should be reviewed...great video as always
No it's not
Jude I am so proud of you I love your contents. Good job and keep up a good work.
Always happy when you release a video, thanks for the effort and research done for this video.
Seems like Nigeria is at last getting it right with NNPC Ltd well done
This report has been very balanced. I doff my hat😃 It takes reporting like this to shine the light on the dark and dirty crevasses of Nigeria's social and economic spaces
Quite balanced and hopeful... it's a nation, not a household, so, there'll always be the good, the bad, and the ugly.
Great video brother 🔥
Thank you so much 😀. I'm a huge fan of your work.
Being waiting for this!! Thank you jude🥰
🙌
It's mind-boggling with the monies which goes missing without accountability. They've made billions of dollars seem like a mere money.
I hope Nigeria will overcome this amd rise again ✊🏾✊🏾
You cannot but love Jude and his crew. Thank you for your insightful information at all times ❤
I like the fact that you mentioned the positives you found out in the process of your research. ❤
Great work , excellent delivery 👏
This is very well put together
Weldon brother. Great work
Awesome content keep it up as always bro
Welldone June Bela, very informative
Amazing investigative journalism. Kudos❤
Another superb delivery!! Well done Jude!
Very impressive ! Well done
This one loud, nice one 👍
Great Job, please keep the good work.
Thank little Bro for lighting our way
Thank you for this informations
They should not worry time is waiting. Thanks for sharing
This is an amazing research work. Thanks for your service to Nigeria
Beautiful work,. Beautiful
If Nigeria was not so damn corrupt, all the years of oil revenue would fueled other sectors of investment to make it possible to make revenue in other ways
Brilliant research and analysis. Kudos, I wish you all the best. Well-done.
Respect, young man for a work thoroughly well done.
Great work guys
Indeed for carrying out these wonderful investigation, You are a very great person and have opened the eyes of many Nigerian's with your investigation and i really appreciate your effort. Many thanks
Wow!
Dear Bro Jude Bela,
Thank you!
You are such a gem!
Courageous and Professional
Hey Jude, you need to look at the "Power Sector". From NEPA - PHCN - Full Post Privatisation!
Lovely video, too good.
Well done for this insightful report. I understand it better now. Nigeria is in deep comatuse.
This is investigative journalism. Not that one that Aunty Kemi Olunloyo is doing. Good job Jude, you're gold.
God bless you Jude!
You have done a great job
This is top nutch.
You have got a new subscriber
❤🎉Awesome informative video and I hope the people in charge will do the right thing for their country.
Good work.
Great work. Very informative in age when detailed information can be in short supply. Bravo. Power corrupts and Absolute power corrupts absolutely. Difficult to imagine how there can not be corruption in such a lucrative industry. Maybe more transparency will move it towards greater accountability. Maybe.
Nice piece of work…
You are incredibly fantastic and detailed with this patriotic presentation. Well done 👍
No electricity in Nigeria crappie roads.
Thank you
The Oil & Gas industry in Nigeria is a long and deep saga that would take ages to fix. The Government should focus on utilizing our other (expensive) natural resources that we have to generate revenue and fix the Country's Economic and Social Infrastructures. We want to see Nigeria work in our lifetime please.
Nice one, good to point out the good and bad bits. Credit to Buhari’s administration for the restructure, although Jonathan’s started the process and authored a lot of tue content. It was interesting to note that most of the probes and investigations were under Jonathan’s administration. However, the one point we need to realise as a nation is a change in culture as a people to that of transparency and accountability in public and private office. The absolute reign of the rule of law would help usher this in, and curb the greed you talk about, as well as competence and productivity.
Absolutely.
Kudos for this video bro, our research game is on god mode!
🙌🙌
amazing video!
Good work
Thanks so much to you and your team for job well done. You must have spent a lot of time, money, energy and other logistics . God bless you.God will protect you and your team always
Amen. Thank you.
Nice work
I like your effort at giving us informative and educational content
Yet no million viewers from Nigeria on this channel. Nigerians ain’t ready for a change 😢
Kudos to you big brother!A truly investigation journalism.May Allah bless you, keep it up.
Such smart and intelligent reporting True investigative journalism at its best! Keep it up brother. I just wonder what will happen when we decided to Audit the entire system in Nigeria 😢
Good job!
WHY IS CRUDE OIL GOING TO KADUNA?
There is a refinery in Kaduna
Nice one ❤
Bro Jude,
Warrior Prince that you are!
May our Good Ancestors Bless and Protect Your Gallant Life!
Sail on! Remain Strong!
Cheers!
Thank you
Im so in love with this channel. ❤.. optimizing shortlived.. the privatisation of The NNPC is antithetical to fight against corruption. It infact futher enmeshes it in more corrupt practices. Btw. How does a private company control public resources soley. ?
Great job