Namibia Hits JACKPOT With Vast Oil Discovery

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[@mickymcl8359]

Namibia needs to follow the Norwegian pathway. They have reaped the benefit of their oil & Gas and their people enjoy a good lifestyle. Please do not squander the opportunity.

[@taharka3897]

They are only getting 20% of it. What are they supposed to do with that?

[@Deco_2k]

​@@taharka3897 See just like that said, they gonna get rob just like Guyana, look at that! just only 20% I tell those African government shit, I bet the government did some back door deal.. they getting 10billion barrel out of it and they only get 20% who the F do those type of deals are u serious bro 20%, if was my place u leave let the oil stay where its at .. no they gonna lift up yow ..

[@josephnakale7343]

​@@taharka3897There are actually so much tp benefits the country. First of all is the tax dollars into the state coffer, royalty payable to the state by each mining company in the country, employment both directly and in directly and obviously overall development to the country among others. And remember this is not only the company discovered oil, many others did and still many are exploring.

[@user-yw4lp5mc5o]

Namibia make sure you get the right deal for Namibia and the People

[@dennishughes721]

Hopefully it will enrich all Namibians and not just the corrupt politicians, and the European Namibians.

[@rodman7224]

What is a European Nambian SMH these people just cant leave Africa or Africans alone no matter where we are in the world.

[@Chris-wz4zr]

Who are the European Namibians?

[@dennishughes721]

@@Chris-wz4zr the residuals of the colonizers.

[@Chris-wz4zr]

I am a white Namibian but I am not from the Germans who colonized Namibia, I am a Afrikaner Boer. I was born after Namibia gained independence and I love this country, I know no other home. I fail to see how the oil will enrich white Namibians, I just hope the tax money which the government get from the companies which extract the oil is managed correctly and benefit all Namibians.

[@bluesmoke2]

DO NOT TAKE ANYTHING LESS THAN 75 PERCENT SHARE AND DO NOT SIGN ANY CONTRACT FOR MORE THAN TEN YEARS..ALSO MAKE SURE TO EDUCATE YOUR YOUNG PEOPLE AND START PRODUCING AT LEAST ONE HUNDRED ENGINEERS ANNUALLY

[@rodman7224]

Sounds good because Africans have signed some historically stupid resource deals.

[@taharka3897]

They are only getting 20%. Same old same old

[@somethingsupercrunchy3988]

@@taharka3897 10% lol

[@aubreyklass5500]

10% just like our resources

[@Lions-Pride-Dominion]

65% including carbon and lifting taxes

[@Mbizetjiua]

Namibia and Botswana must have a joint venture to develop together their economy

[@MrLosches]

What does Botswana have to do with Nam's oil discoveries?

[@DesserieKgaises]

It's true joint hands with botswana toward we go

[@kumoingeengunouanivi]

Couldn't agree more🙏🏽We are the best brothers ever🇳🇦❤️🇧🇼

[@modisaneunity4534]

​@@kumoingeengunouaniviAmen. We have many partnerships already

[@modisaneunity4534]

​you tell us@@MrLosches

[@user-ib4gc9gc1s]

An Oil Exploitation’s indeed it only going to benefit Outsiders(galp)but not the citizens💯

[@LesterJohnson-rk9hy]

Let's keep an eye on them.

[@aloyssamleyin1107]

Namibia had always demonstrated transparency and good governance. Samuel Nujoma did a great job laying a solid foundation for proper governance. I’m confident they will join Botswana in raising hopes for Africa’s middle class.

[@williammcdaniel4888]

Man what are you talking about that country is run by white people Germany

[@goldeyisaaks2039]

What history were you watching or do you know????????🤔🤔🤔🤔

[@mikeafroabdul7046]

Namibia be wise be wise and be wise. U shouldn't let that country in the hands of vampires.... U r warned and be careful 😢😢😢😢😢😢😢😢😢

[@Caribbeanlivinginnamibia]

It’s going to be interesting as Namibia has the opportunity to show the world it’s capable of doing the right thing and be that example. Can’t wait to play my part.

[@Seriously742]

Africa the motherland 🇹🇹Africa unite

[@monroeervin6026]

All the citizens should get a check every month, the wealth needs to be shared with the people, not just the wealthy and greedy government…

[@alexbimpeh-segu3516]

Very good news. But be mindful of not turning into another Nigeria.

[@Deco_2k]

its the same shit again .. how much u wanna bet ..

[@josephnakale7343]

I think we don't go that route, our laws and everything is done differently.

[@UltimateGroup1981]

​@@josephnakale7343what laws? The same laws that was protecting the fishing industry or which one exactly?

[@vincentwatty9628]

Africa wake-up, Africa wake-up for our father the most high is keep blessing us for we are his chosen people, for he weren't let us down, he keep showing the west and Europe who are his true children, it is we that have to standup to drive our own destiny, brothers and sisters of Africa it is time to standup to be the people our father the most high have us to be leaders of our own destiny, no one else but us.

[@wyihupoip8105]

They plan to give Namibia 5% of the oil revenue. What a shame!

[@AlbertoAlvarezAAGresearch]

alright, will Namibia put more $$ for CAPEX?

[@mentalhealth9637]

I am so happy for Namibians!!!!

[@marcojaftha8584]

Good news to all Namibians let the Namibian people benefit from this.Let the Namibian economy grow through this.

[@karenkirosingh6372]

Namibia needs to make sure that the African Diaspora also gets to invest along with the locals getting the benefits

[@listenup2882]

The Diaspora can help by investing in a Namibian refinery.

[@josephnakale7343]

Qell no one being prevented from investing in tye County, however others with capacity and capabilities are letting opportunities to by pass them while look on different directions.

[@royalmotivation349]

That's my country Namibia 🎉🎉🎉🎉❤❤❤❤❤

[@FransShafokutya]

Namibian must get 65% for the country

[@corithy]

With or without oil,we will always be a happy Namibian country. Nothing and no one will ever take that away from us! A wise country does not involve the locals to invest in national investments,but rather the foreign nationals. However,there is no limit if one intends to inest. Thank you to our great magnificent leaders for driving us into this global discovery.✍️

[@Namibresearchonscreenmedia1]

"it is not your oil", Hage Geingob, late Namibian President.. An indication that Namibian leadership has already sold to oil giants, therefore sadly we are only getting 10% shares and crumbles from salaries.

[@bamideleolaniyan6022]

How can Namibia hold only 20% of the proceeds ? This is the war Mali, Burkinafaso, Chad are currently fighting against France and the West.

[@mcclaink06]

Bro that’s like saying how can Jeff Bezos only owns 16% of Amazon. Investors have to be compensated for the risk they take and the millions invested to explore. Namibia can own 100% but they must invest and bring in the expertise themselves.

[@jarsofclay7]

Because Namibia doesn't have the money or expertise to get it out of the rocks. Other people's money, equipment and expertise is doing the work. Namibians should/will be trained in the O&G and associated fields thereby developing wealth and expertise.

[@dingbatnomad8235]

Top news headlines- Namibia finds large deposit of oil. Also in the news, united states deploys troops to the Namibian region of Africa to provide aid for health care, hunger, and democratic support.

[@rodman7224]

oh you know they are not going to let this go without trying something treacherous to exploit Africa the same play from the same people let's just hope they dont have stupid greedy people in charge.

[@ME-xi1tx]

10%...

[@yuhskimoyay322]

🎉

[@user-rx2ie4ip1l]

Namibia don't buy arms with this oil money. Use this revenues to develop your country. Education. Health. Infrastucture. Agriculture. Industries. Housing. Fisheries. Textiles. Garments. Keep Corruption away from politics. Non alignment a national policy. Tourism Industry a priority. Cultural development. God bless.

[@user-qb6gu4bk9lBiafra]

Africa is blessed my God but our problem is the Western slave masters looting, Africa must unite against the western colonial masters for the benefit of Africa.

[@dray-zna9331]

I hope everyone in Namibia will enjoy this gift from God... and hope this Europeans they will share equal split let's give it 5 years ....

[@rudolphgraham2534]

Be careful of corrupt African leaders and corrupt Europeans . Spend a lot of the money on educational projects and trade schools. Thanks.

[@Deco_2k]

Bro somebody comment and said Namibia only getting 20% like what the fuck out of a well that they said is worth 10B barrel that I am sorry that embarrassing ..

[@florianmarembo9611]

10% 😢are we serious out of 100 💯 we have 10% ( this is uncalled for , you can't own a house and yet have no key to it. This exploitation towards our resources

[@christopherwilliams3293]

Why do I feel like the Africans there won't overwhelming benefit from this discovery? Namibia should have discovered this and benefit from 100% of it.

[@ferdieortman6614]

Good idea but no money the world banks don't facilitate anymore oil energy because of global warming

[@victorshikongo7777]

10%?? Not surprised looking at the mining industry stats....things need to change. Let's not just take any deal that is presented to us....we need to do research so that we explore greater opportunities that will benefit us in a long run.

[@davidy3359]

Very good news 😊

[@gangaheveclarke9924]

The Nambina government must purchase or lease all the required equipment to extract the oil and built their own oil refinery. Do not allow any of these big oil companies to come in with their big share, the government and the people must own up to 90 % of the oil revenue not these big oil.

[@AlbertoAlvarezAAGresearch]

Sintana Energy for the win

[@AshleyMcIntosh-zz7kr]

Nationalise the oil and lay the law down as norway did.dont let the US or US banks in.corruption is the big deal

[@TimSerras]

Nigeria, Equatorial Guinea, Angola….all oil rich but miserable countries (except for a few lucky devils). Why would Namibia be different?

[@MrLosches]

Namibia is not like those countries.

[@kgosijapie5859]

Because it is Namibia

[@Caribbeanlivinginnamibia]

True but we can be that shinning example. We should strive to be more like Norway and not like those mentioned.

[@efremteenagebento6701]

Gud question?

[@FransShafokutya]

This is no our own good Namibian we must wake up

[@grandlemar7986]

We as young Namibians are looking forward to be involved and interested to participate in this ventures

[@goldeyisaaks2039]

BTW Namibia already only signed for 25%.... I'm just saying

[@Deco_2k]

Really out a well that worth 10B we not talk about million 10B we talk, and just 25% I am sorry that embarrassing ..

[@MrElhabib123]

Many African countries are rich of oil gaz and mining and mineral resources and so on ….but why most of these countries are suffering from pauverty and corruption and high unemployment rate ?? Why is this different this time ?

[@jonasshikolalye]

This is our chance to flourish as a country. I just hope it will not attract higher corruption practices, civil war through foreign countries support that likes promoting civil war and start hurvesting (looting) other countries resources while they are busy at war. God should be with us for this blessing not to turn into a curse.. 🙏

[@user-ci7co6mo8p]

Will the money again be pocketed by only a few? Fishrot etc a shining example!

[@josephnakale7343]

Good news however the question is for howling oil still have values? World is fast moving towards so called clean energy, hence flooding msrkets/ countries with EV vehicles, soon everything anywhere will be turned into E something, which lender oil useless. Let's hope for a foreseeable future the country will get benefits it deserves.

[@andylumehriverofliferev.2254]

❤❤Gusher !!!

[@freddiedouper]

Are the people going to get anything from it? That is the question

[@acerrome9672]

That is an extremely Crucial Question. Perhaps the People may becomes more Poorer. The fact that there are Vultures, Hyenas, Sharks Slimy Snakes and Others who Covette this Commodity.

[@mikeilikeit9685]

@@acerrome9672 HAHAA LOL WE CANT GET ANYTHING LISTEN TO THEM OIL IS NOT OURS THEY SAID SO

[@shangostorms]

WHY WOULD NAMIBIA ALLOW ANY COMPANY TO OWN 80% OF ANY OF THEIR RESOURCES ??? NATIONALIZE ASSET

[@lanaranger7339]

Resource curse will ensure GALP gets all the benefits of the resource in the same way Nigerians don't benefit from theirs. The only way Namibia break the resource curse is to nationalise to achieve equitable distribution.

[@TheFirefox8192]

Namibian must Nationalize The Oils

[@suntanglory]

Crazy! Namibia is only getting 5% but the damage the exploration will cause the country will be greater than the percentage they are getting.Africa and inability to reason,why even explore oil or any mineral that you are going to get very little?

[@enidhaviland4824]

Namibia should not sleep on this project , the country should be careful to see that big companies that will squander the monies that should be used for the population.

[@appuulliijaasi4037]

Are Namibian leaders that corrupt to allow a foreign corporation ownership of Namibia's oil?!

[@shifajona]

We bowed to BP SHELL

[@NdakalakoIsack]

Namibia this Namibia that. You guys don't know how much fish Namibia have been producing, how much diamond per year and copper but yet 80% are in rural settlement . Don't be shocked by the oil indeed Namibia is one of the most corrupted country in Africa. With its small population but it's very big shame to our leaders.

[@caper770]

This will be the beginning of the end of one of the best countries in the world. Byebye Namibia

[@wyihupoip8105]

Where are all the Namibians?

[@wyihupoip8105]

South Africa should get a cut of this if Namibia is going to give it all away to a Portuguese company. How can a group of foreign companies take control of 95% of a country's oil resources in 2024. Disgraceful! Then you wonder why some countries are poor.

[@lonwabomkalali8627]

A shame indeed....old leaders with no vision they are allow foreign investors and foreign company to take everything 😥

[@thaboxhalisile1773]

We have our own oil but our leaders are stupid

[@wyihupoip8105]

@@thaboxhalisile1773 Given the fact that Namibia gained its independence from South Africa. South Africa has rights on that oil in Namibia especially if they are not going to make proper use of it.

[@Nkosinathigaba]

Immigrants will start flocking in

[@fredrickkagwa8853]

France will visit you soon

[@auspiciousnkomo3071]

Total energies is french

[@listenup2882]

Invest in a massive oil refinery like Dangote's refinery.

[@alvinpleasant2510]

Thanks for sharing

[@OIL.FOR.AMERICA]

Knock knock its me

[@auspiciousnkomo3071]

From this point onwards the oil companies shall choose who becomes president.

[@paulumilembe7134]

Namibian leaders must be careful with oil exploration, and make sure every Namibian get a direct monthly incentive from that if we want to eleviate poverty not to benefit few and individuals with their families it wil bring war. That's what Burkina is fighting in their country France and America to leave but we want them in.

[@sibonginkosisydney5059]

Is that the reason why shell is leaving SA???

[@MrMiles2000]

But why we get 10% in 100%???

[@Deco_2k]

Some said Namibia only getting 20% that embarrissing I am sorry out of a well that worth 10B Barrell are u serious it must be a joke..

[@mikeilikeit9685]

USELESS THEY SOLD US BACK A GO FOR WHAT WE COME KICK OUT THOSE FOREIGNER

[@koa818]

🇳🇦🎉👏👏👏 Alona Lizz Justina 👍

[@tinaoffice9274]

How about the people, the indigenous Africans, those who are left behind. The HEREROS? Land to the people of Namibia, the Africans. Be ware look 80% to a private company selling to other Western, US . Where is the NAMIBIAN INDIGENOUS PEOPLE FAIR SHARE?

[@AfricaNetworks-dq4co]

Well, let us hope that the Place where Oil is found does not favour where the settler Population finds themselves.

[@deliciacathleenauchas9870]

So indeed this discovery comes in handy for each Namibian to receive a grant of N$1750 as proposed by presidential candidate...💁

[@raymondchadman2141]

Namibia can try help from Russia or China with good deals to benefit the country and its people

[@darylmitchell6085]

Please stop all sale of oil until they can get a better deal they might have the rights to drill but you don't have to let them wait until their license agreement runs out

[@mumbamwamba2905]

Beware the curse of black gold

[@andylumehriverofliferev.2254]

❤Naminbia must cancell all oil contracts with the West. Namimbia mustvnationalise all oil drilling companies. Then they must employ expartscto drill the oil and the Namimbian hovernment payscrhem as employees.

[@ngaihapekambueza4225]

10% for Namibia😢

[@CollinsKalumba-eg4rq]

Think Africa first before sending to the European countries

[@jamesbanda7069]

Why can't Namibia extract the oil by itself, do they have to involve bp, total or the Americans?

[@jarsofclay7]

Of course they do. Does Namibia have the capital and expertise to get the petroleum out of the rocks? Apparently not! Be grateful that Namibia has attracted capital because there is a lot of competition for capital, equipment and expertise!

[@goldeyisaaks2039]

Aaaaaaaannnnnnndddddddd let the Swapo corruption begin😑😑😑😑

[@MrMiles2000]

And even the United States 🇺🇸 they don’t like us and they Don’t want to give us a visa even to go visit or to go look for a job in United States but they are free in our country. 😢😢

[@NghishiikohJosua]

The discovery of oil is it part of vision 2030?

[@levongoldsborough9235]

How tf do they let other companies/countries own so much of they're shyt

[@UltimateGroup1981]

Cry mother Africa, Cry 😭

[@evelynemugeni2369]

So sorry this oil make foreigners rich not Africans 😢so sad 😢 I hope USA and EU will not bring democracy 😅

[@perna_ndove2]

Thanks to none Namibian advised on this oil discovery what I reminding you corruptions is spread in almost word wide ....

[@auspiciousnkomo3071]

How much ownership does Namibia own in percentage, coz if it is a fair deal then 3 million people would never have to work again if they choose. Saudi Arabia being the model. Namibia my African brothers and sisters we are moving backward. To test this you will find that a Namibian can not buy shares from these foreign companies.

[@jarsofclay7]

Why can't you buy shares in a foreign company?

[@og0567]

Who is this company, from Angola, I smell a rat. We have learnt in Namibia that high profile corruption have no consequences,,,?

[@wollatraveling4799]

We will start paying 5dollars for taxi

[@mr.jackson3350]

So wait! The Portuguese discovered it.. oohhh boy! The exploitation begins 🤷🏾‍♂️

[@kevinmaden5572]

🖤🖤🖤🖤🖤🖤🖤🖤🖤🖤🖤

[@aubreyklass5500]

😂😂😂 until you find out we own 10% just like the rest of our resources…. What a hype and joke We need leaders like Ibrahim from Burkina Faso

[@ME-xi1tx]

10%... ?

[@idaerasmus9617]

It's pronounced Mo-Pa-Ne please and not mopane as in propane.

[@dennismiller5235]

Africa oil and waiting we says nothing about it

[@abubacarjallow]

Work for your people one day u will meet God government

[@Beloved5]

Who, in this case are "Namibia?"

[@Thesustainableleaders]

Black poor namibians will loose everything i am sorry 😭🤷🏾‍♂️💯

[@xmc7189]

Says who? A lot of misinformation here if this was so the country the country would gave been far developed by now

[@ronaldantoine1828]

HOW MUCH WILL THE GOVERNMENT GET FROM IT THOUGH THAT IS WHAT MATTERS FOR THE PEOPLE??

[@evelynemugeni2369]

May question.

[@user-rr5ui8eo9x]

China and Russia, get the others out

[@user-rr5ui8eo9x]

oh h no, not 80%

[@Deco_2k]

The gov negotiate some fuck up deal that all I know, one well worth 10B, the gov is shit...