ÁDÉNÍJÍ BÁMISÍLÉ KÓREDÉ Profile picture
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Jun 4, 2023 14 tweets 4 min read
Just a short thread

The federal government 2 years ago revealed that the Average Total Cost (ATC) of producing crude oil in Nigeria is not more than $30 per barrel.
While they incur $20 in some cases, I decided to use $35 as the ATC of producing it to be safe with THE analysis. $35 by the CBN official exchange rate is ₦16,700

So, it is safe to say that the maximum Average Cost of producing per lire of crude oil in Nigeria is ₦16,170.
Mar 5, 2023 14 tweets 5 min read
*Why they are calling me Omo Ale - Gbadebo Rhodes - Vivour (GRV)*

1. I am their worst nightmare; a true Lagosian. The great grandson of an eminent indigenous Lagosian, Justice SB rhodes, a founding father of both the Nigerian executive and judiciary who served on the Image executive council of Nigeria with Adeyemo Alakija and together with similarly minded nationalists built Lagos, a credit they and their leader have been trying to steal.

2. They do not want a true Lagosian to rule lagos as no true son of Lagos would allow their unchecked rape of
Oct 17, 2022 11 tweets 2 min read
I don’t hate Tinubu. Political banters do not equate hate. I just love Nigeria more than I like him. He is crookedly smart in his own way using time-tested Adedibu’s Amala politics.

Olusegun Adeniyi explained the politics of Adedibu better : “When we asked what the reward was, his (Adedibu) answer was simple: "Let me put it this way. Imagine you lead five of your boys for an assignment and you were given N50 after you had supervised them to do the work. You as the leader, if you are wise, you will give each of your boys N10 at the end of which you