President Tinubu met a total FG debt of N78 trillion Emefiele and Aso Rock exchange rate was N460. When converted to dollar it's = $169 billion. Nigeria own only 50% of the crude oil it sells. at $70 per barrel Nigeria would need to sell over 4.8 billion barrels of crude oil to offset the debt Tinubu met... I didn't include the N4trillion power subsidy debt... Nigeria debt today is $100 billion.... At same $70 per Barrel with Nigeria govt owning only 50% ( 50% for exploring companies) Nigeria would need to sell 2.8 billion barrels of crude oil to offset debt under Tinubu govt Saving 2 billion barrels of oil to fix other challenges... Economics is not for everybody.... Common sense is not common....... This is why the Urhobos will always say: " It is better to born a thief than to born a mumu" Onovuge Igwe

President Tinubu met a total FG debt of N78 trillion Emefiele and Aso Rock exchange rate was N460. When converted to dollar it's = $169 billion. Nigeria own only 50% of the crude oil it sells. at $70 per barrel Nigeria would need to sell over 4.8 billion barrels of crude oil to offset the debt Tinubu met... I didn't include the N4trillion power subsidy debt... Nigeria debt today is $100 billion.... At same $70 per Barrel with Nigeria govt owning only 50% ( 50% for exploring companies) Nigeria would need to sell 2.8 billion barrels of crude oil to offset debt under Tinubu govt Saving 2 billion barrels of oil to fix other challenges... Economics is not for everybody.... Common sense is not common....... This is why the Urhobos will always say: " It is better to born a thief than to born a mumu" Onovuge Igwe