Nigeria promises more gas

Read Article

Comments (29)

This article is closed for comments.

Read Comments Comments (29)

Ghanaman 9 years ago

he is taken for a sucker by Nigerians

he is taken for a sucker by Nigerians
Disappointed 9 years ago

This is no new commitment. Business model gone amiss.

This is no new commitment. Business model gone amiss.
Naa Morkor 9 years ago

Let's work harder on ours!

Let's work harder on ours!
Adjoa 9 years ago

Nigeria's supply of gas is not free so why are they punishing us?? Economics???

Nigeria's supply of gas is not free so why are they punishing us?? Economics???
JD 9 years ago

Thank you Nigeria for teaching us lessons that is if we are even learning well. We lack business sense and we are not serious. Why not work faster on our gas or we want to import for benefit of 10% for the ''Powers'' that be? ...
read full comment

Thank you Nigeria for teaching us lessons that is if we are even learning well. We lack business sense and we are not serious. Why not work faster on our gas or we want to import for benefit of 10% for the ''Powers'' that be? Don't cry GH
Nii Armah 9 years ago

Fuck this Nigerians and I hope that my stupid President who I voted into that office would just tell the Nigerians to count us out and try as hard as we can to start reversing the flow to Togo and Benin. Damn the Nigerians an ...
read full comment

Fuck this Nigerians and I hope that my stupid President who I voted into that office would just tell the Nigerians to count us out and try as hard as we can to start reversing the flow to Togo and Benin. Damn the Nigerians and Fuck the administrators of this country. for how long are we going to start standing walking and talking like the men they are suppose to be. They cant just cut our supply as and when they feel and pay paltry 10million and cause us to sleep in darkness. Its about time the administrators of this country got to know we as a nation has a lot that these other African countries envy us for, and start staying away from this stupid ecowas and AU nonsense where we are only loosing and not gaining. Fuck Nigeria and their gas. Yes ours is at its infancy which we need to nurture and damn right we must nurture and have sustainable energy and we should stop this backbiting and suing of our infant gas industry so it can be a one of our golden eggs. Nigeria is a greedy nation and they would do all they can bring this greediness through our greedy fools in the helm of affairs
Yr name 9 years ago

Especially your nii Armah. You are really a fool. Fuck u and yr entire family. U Ghanian talk cheap. Do u pay immediately for the gas ??? Asshole. U pay after even using the gas. You all are ungrateful fools. Najia ar ...
read full comment

Especially your nii Armah. You are really a fool. Fuck u and yr entire family. U Ghanian talk cheap. Do u pay immediately for the gas ??? Asshole. U pay after even using the gas. You all are ungrateful fools. Najia are been so good to you people. Be grateful for once. Nigeria. Never needs anything from u Ghanaian. But u fools need so much from najia. And still bark like dogs. Damn u all
NEMESIS RADAR, UK!! 9 years ago

Thank you my fellow compatriot 'Yr name' for 'DRUMING COMMON SENSE' into the empty heads of some of these nincompoops empty barrels Ghanaians who always comes here to spew all sort of negativity against their BIG BROTHER NIGE ...
read full comment

Thank you my fellow compatriot 'Yr name' for 'DRUMING COMMON SENSE' into the empty heads of some of these nincompoops empty barrels Ghanaians who always comes here to spew all sort of negativity against their BIG BROTHER NIGERIA BENEFACTOR. They are ungrateful lots suffering from INFERIORITY COMPLEX about anything and everything Nigeria and Nigerians.

I AM PROUDLY NIGERIAN
NEMESIS RADAR, UK!!
ROMANO 9 years ago

U MOTHERFUCKERS DON'T EVEN HAVE ENOUGH ELECTRICITY FOR UR STINKING COUNTRY.GO TO LAGOS AT NIGHT,BIGGEST GENERATOR CITY IN AFRICA TOOTOOTOOOOOOOO.FUCK NIGERIA.!!!!!

U MOTHERFUCKERS DON'T EVEN HAVE ENOUGH ELECTRICITY FOR UR STINKING COUNTRY.GO TO LAGOS AT NIGHT,BIGGEST GENERATOR CITY IN AFRICA TOOTOOTOOOOOOOO.FUCK NIGERIA.!!!!!
Naijaboy 9 years ago

No electricity in Nigeria yet our economy is bigger than yours, ghanaian economy depends on handouts, no wonder IMF is controlling your economy, your govt. Already said no employment in 2015 haha, your president is so poor th ...
read full comment

No electricity in Nigeria yet our economy is bigger than yours, ghanaian economy depends on handouts, no wonder IMF is controlling your economy, your govt. Already said no employment in 2015 haha, your president is so poor that he sells cocaine, anglogold ashanti are cutting jobs, no electricity haha with all naija problems our economy is still growing at 7%, ghana is a HIPIC nation your debt to GDP ratio is 65% lol thats crazy your inflation is high as fuck, Nigeria's inflation is just 7.8% our debt to GDP ratio is just 1% haha
ROMANO 9 years ago

IF U ALL ANAGO'S LEAVING IN GHANA WOULD STOP ALL YOUR ILLEGAL ELECTRICITY CONNECIONS, GHANA WOULD NEVER NEED GAS FROM NIGERIA.EVERY NIGERIAN LEAVING IN GHANA DOES NOT PAY ELECRICITY BILL THAT WAS ONE OF NEPA BIGGEST PROBLEMS ...
read full comment

IF U ALL ANAGO'S LEAVING IN GHANA WOULD STOP ALL YOUR ILLEGAL ELECTRICITY CONNECIONS, GHANA WOULD NEVER NEED GAS FROM NIGERIA.EVERY NIGERIAN LEAVING IN GHANA DOES NOT PAY ELECRICITY BILL THAT WAS ONE OF NEPA BIGGEST PROBLEMS IN NIGERIA... IDIOTA ARE U RELATED TO NEMESIS?
ROMANO 9 years ago

CONNECTIONS

CONNECTIONS
Naijaboy 9 years ago

Give me real facts and not fake electricity connections as if ghanaians don't do fraud too

Give me real facts and not fake electricity connections as if ghanaians don't do fraud too
jojo 9 years ago

fuck Nigeria and their gas! what is Ghana doing with their own gas right now? unless we start developing our own natural resources we will be beggars depending on others for handouts for life. WAKE UP Mr. `

fuck Nigeria and their gas! what is Ghana doing with their own gas right now? unless we start developing our own natural resources we will be beggars depending on others for handouts for life. WAKE UP Mr. `
NEMESIS RADAR, UK!! 9 years ago

YOU ARE ALWAYS BEGGARS, AND SHALL ALWAYS REMAIN BEGGARS. NIGERIA IS ONE OF YOUR BIG BROTHER BENEFACTORS. SHUT UP, YOU UNGRATEFUL GHANAIANS NINCOMPOOPS.

YOU ARE ALWAYS BEGGARS, AND SHALL ALWAYS REMAIN BEGGARS. NIGERIA IS ONE OF YOUR BIG BROTHER BENEFACTORS. SHUT UP, YOU UNGRATEFUL GHANAIANS NINCOMPOOPS.
OSEI 9 years ago

WHY SHOULD WE PUT OUR LIVES IN THE HANDS OF ANOTHER COUNTRY WHEN WE CAN DO THAT OURSELVES. WHY DID NKRUMAH FIGHT FOR INDEPENDENCE FOR GHANA? WE SHOULD CONTINUE TO STAY IN DARKNESS IF WE THAT STUPID WITH OUR RESOURCES.

WHY SHOULD WE PUT OUR LIVES IN THE HANDS OF ANOTHER COUNTRY WHEN WE CAN DO THAT OURSELVES. WHY DID NKRUMAH FIGHT FOR INDEPENDENCE FOR GHANA? WE SHOULD CONTINUE TO STAY IN DARKNESS IF WE THAT STUPID WITH OUR RESOURCES.
MANNUEL 9 years ago

It is sad Ghanaians have lost the intellectual and academic abilities Ghana was known for, pre and immediate post independence, the current crop of Ghanaians are so stupid they can hardly think constructively on issues withou ...
read full comment

It is sad Ghanaians have lost the intellectual and academic abilities Ghana was known for, pre and immediate post independence, the current crop of Ghanaians are so stupid they can hardly think constructively on issues without resorting to insults and abuse even before they get to read and understant topics of discussion. Ghanaians have become so shallow thinkers they are unable to reason intellectually any longer. Ghanaians do not even understand the concepts of international business cooperations that gave birth to West African Gas pipeline and why not a Nigerian or a citizen of any of the participating cointries of Ghana, Togo, Benin is the Managing Director but a non West African indegine. No Ghanaian is reasoning along the line that the West African Gas project is not solely a Nigerian thing but in partnership with international companies of Chevron, ANI, Shell and Nigeria. Nigeria owns the Gas resources though but are co-partners in the project snd therefore does not take the decisions absolutely in who gets a supply of what quantum or not. Others own the technology and also invested money and therefore calls the shot and not Nigeria. The reasons why Ghanaians will continue to insult Nigeria smarks of ignorance and weak ability to think intellectually.
NICHOLAS 9 years ago

It was well understood the viability of the Gas Pipeline Project before the four countries resolved to implement it. It therefore beats my imagination that Nigeria is not proving reliable with the supply of the gas.

My app ...
read full comment

It was well understood the viability of the Gas Pipeline Project before the four countries resolved to implement it. It therefore beats my imagination that Nigeria is not proving reliable with the supply of the gas.

My appeal to Nigeria is to spare us the agony of frequent power outages by constantly supplying us with gas. We are fed up with the way we are being taken for a ride.
Joshua 9 years ago

Another 419 promise?

Another 419 promise?
little 9 years ago

Please stop this promises mr Minister. Please be sensible and work on our gas and stop this empty promises which you have no idea yourself. You are really a disappointment to Ghanaians.

Please stop this promises mr Minister. Please be sensible and work on our gas and stop this empty promises which you have no idea yourself. You are really a disappointment to Ghanaians.
Jay London 9 years ago

Nigeria is Jealous of Ghana's fast economic pace hence their abusing of the gas agreement.

Nigeria is Jealous of Ghana's fast economic pace hence their abusing of the gas agreement.
NEMESIS RADAR, UK!! 9 years ago

Did l hear you say Nigeria is jealous of Ghana economy? Read the story below and come back again with your DEMENTED self. l rest my case.
______________________________________________________________________________
Nige ...
read full comment

Did l hear you say Nigeria is jealous of Ghana economy? Read the story below and come back again with your DEMENTED self. l rest my case.
______________________________________________________________________________
Nigeria overtake S.Africa as Africa's biggest economy
Nigeria | 6 April 2014

Lagos (AFP) - Nigeria, Africa's most populous country and largest oil producer, is set to emerge as the continent's biggest economy on Sunday when the results of an overdue rebasing of its gross domestic product are announced.

Although United Nations statisticians recommend that countries rebase their GDP calculations every five years to reflect changes in the structure of production and consumption, Nigeria last carried out the exercise in 1990.

So the new figures expected to be unveiled by Finance Minister Ngozi Okonjo-Iwela and top government statisticians from 2:00 pm (1300 GMT) are expected to place Nigeria ahead of continental powerhouse South Africa as new and fast-developing sectors such as telecoms, music and local film industry, Nollywood, are considered in the GDP rebasing.

Following the adjustment, Nigeria's economy is expected to increase by as much as 60 percent, taking it from $264 billion past South Africa's $384 billion.

Nigeria, with 170 million people is about three times the size of South Africa, but its economy is the second-largest on the continent, after South Africa.

Africa's leading crude producer has enjoyed high rates of growth, notwithstanding widespread corruption, poor governance, rampant oil theft and a raging Islamist insurgency in the north.

The annual growth rate averaged 6.8 percent from 2005 to 2013 and the economy is projected to grow this year at a rate of 7.4 percent, according to the International Monetary Fund.

That compares to a little over five percent between 2005 and 2008-9 in South Africa, which has struggled to go beyond 3.5 percent since.

Analysts say while at this stage we can only speculate how big the impact of the rebasing will be, the actual size of the adjustment is probably of less significance than the psychological effect this will have on perceptions about Africa.

It would be interesting to see how international relations will be affected when South Africa is no longer the largest African economy. South Africa is, for example, the only African country represented in the G20.

For Nigeria, the rebasing will probably not mean a significant change, but it will improve the country's balance sheet and its credit rating. This should lead to lower borrowing costs for the government, which is ultimately beneficial for the country's citizens.

It will also shore up Nigeria's image and make it interesting as an investment destination for foreigners, a status hitherto enjoyed by South Africa.

But analysts cautioned against viewing the new figures as a sign of development, noting that South Africa is still way ahead in terms of GDP per capita, infrastructure and governance.

Nigeria still faces an immense challenge in terms of infrastructure deficits. Slow ports, bad roads and a lack of electricity are some of the major factors hampering business activity.

Despite its vast oil wealth, the last available World Bank figures from 2010 indicated that a staggering 84.5 percent of Nigeria's 170 million people lived on less than $2 a day.

"For the average person on the street, it (rebasing) really does not have any meaning," Pat Utomi, professor of political economy at the Lagos Business School, told AFP.

"To a very large extent, Nigeria remains a poor country with very serious infrastructural challenges," he said.

Utomi advised policymakers to take advantage of the rebasing to improve the living conditions of the people.

"The focus should be on how to transform the huge human capital available in the country to output that will help to reduce poverty and create jobs," he added.
KOFI 9 years ago

Nigeria still faces an immense challenge in terms of infrastructure deficits. Slow ports, bad roads and a lack of electricity are some of the major factors hampering business activity.

Despite its vast oil wealth, the last ...
read full comment

Nigeria still faces an immense challenge in terms of infrastructure deficits. Slow ports, bad roads and a lack of electricity are some of the major factors hampering business activity.

Despite its vast oil wealth, the last available World Bank figures from 2010 indicated that a staggering 84.5 percent of Nigeria's 170 million people lived on less than $2 a day.

"For the average person on the street, it (rebasing) really does not have any meaning," Pat Utomi, professor of political economy at the Lagos Business School, told AFP.

"To a very large extent, Nigeria remains a poor country with very serious infrastructural challenges," he said.
Naijaboy 9 years ago

Nigeria has the wealthiest billionare in africa more than south africa, do you read at all? Use the internet please, google for african richest forbes no ghanaian made the list tho the list was over 50 yet no ghanaian haha

Nigeria has the wealthiest billionare in africa more than south africa, do you read at all? Use the internet please, google for african richest forbes no ghanaian made the list tho the list was over 50 yet no ghanaian haha
Naijaboy 9 years ago

Only the economy of lagos and ratings and economic growth is better higher than that of ghana lagos GDP is at $80bn more than kenya, ghana, tanzania, rwanda, uganda GDP please you can look that up on google

Only the economy of lagos and ratings and economic growth is better higher than that of ghana lagos GDP is at $80bn more than kenya, ghana, tanzania, rwanda, uganda GDP please you can look that up on google
Kwasi atta 9 years ago

Than why u dont stay in ur dity lagos. Nigerians in Ghana looking for job. fools bog for nathing.

Than why u dont stay in ur dity lagos. Nigerians in Ghana looking for job. fools bog for nathing.
Naijaboy 9 years ago

Because Nigerians are in ghana doesn't mean our economy is not better, chinese are everywhere go to south sudan you will find chinese there, go everywhere you will find chinese doing odd jobs selling on streets but china's ec ...
read full comment

Because Nigerians are in ghana doesn't mean our economy is not better, chinese are everywhere go to south sudan you will find chinese there, go everywhere you will find chinese doing odd jobs selling on streets but china's economy is 9464342 bigger than that of all african countries, people migrate for different reasons, because nigerians are there doesn't mean that our economy is not better, IMF is controlling your country thats a shame, Nigerians are richer than you all, no ghanaian on the list of african's 50 richest
Kwasi atta 9 years ago

Can u comper Nigeria with China ? You stupid fools can u make anything good hungly monkeys, your money is in Oga puket, idiot beggars.

Can u comper Nigeria with China ? You stupid fools can u make anything good hungly monkeys, your money is in Oga puket, idiot beggars.
Naijaboy 9 years ago

Lol thats exactly what i said that no african country can be compare to china in terms of development but you still find chinese doing galamsey in ghana stealing ghana's gold, selling on the streets don't you understand engli ...
read full comment

Lol thats exactly what i said that no african country can be compare to china in terms of development but you still find chinese doing galamsey in ghana stealing ghana's gold, selling on the streets don't you understand english? So am just using dat to compare naija and ghana that even tho Nigerians are there our economy is still 10 times bigger than yours, we own and control our economy by ourselfs and not by the IMF like gh is doing

Nigeria promises more gas

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (29)

Read Comments Comments (29)