we, as you know, nigeria is really well endowed. we are number one in both oil and gas phase by everyone's consent. at the moment, we have proven reserves of oil of around 37 or so billion barrels of oil in the ground. we have the capacity to produce 3.5, 3.6 million barrels. and the reserves is about 187 cubic feet. and we are a member of opec, we joined in 1975. we very much are interested in developing our gas resources, which should not be fully exploited in the past. i imagine because we recognize that gas is a future energy and it is very important. and quite apart from the fact that oil resource and gas is equivalent will be simply has been argued that we are more of a past country because they gas we are developing its associated yes, a way to deliberately. if we do explore a little bit more gas than we have right now. we are a very key member of the organization of exploited countries, to which we, along with 13, 14 other countries, try to play our part in the national oil market by attempting to order it oil prices by supp

given nigeria's, you know, situation is there any consideration for nigeria to take it measures and resources to produce nuclear energy? >> we have a nuclear energy commission in place and if they hope that we will at the appropriate time go nuclear energy wise. we will diversify as much as possible as an energy source. oil and gas will call because we have wind, solar, and of course nuclear is not taken out. by the way, talking about nuclear, we have discovered uranium in nigeria. so we are in a good position to eventually go nuclear generation if we wanted to. but in the moment, we will concentrate on getting the basic gasifier, coal fire stations good. but the nuclear option remains available to us if we need to resort to it. >> any other questions? >> david cherry, 21st century science and technology magazine. thank you for coming dr. lukman. did i understand that the government poses to construct another company alongside the nnpc or to restructuring the nnpc were both? my other question is can you say something about the projects, multiple projects, some of which are being called mega p

you've been to nigeria? >> no. >> you should, let us know when you come and we will take you and show you around the refineries. [inaudible] we have allowed them to go. i have commissioned the refinery for instance -- when we built it is one of the dustin the world, and africa. of course we haven't run them as well when we eventually privatize i don't know how good extent maybe 60%, maybe 40%, but we will allow private sector enterprises. and the new ones we are building will definitely be the public and private partnership. >> one last comment and then we will be done. >> today you spoke, you have expressed concern about making sure opec doesn't put too much oil in the markets, which could lower prices and you talked about how the global economy is still recovering. and here in the u.s. just today the government revised down the economic growth of america and the consumer of oil and import a lot. given that the economy in the u.s. and globally is still going to be recovering, not there, at least in the firs

we have nigeria l.n.g.is a good example of public-private partnership and we are developing right now as we're speaking a model for our privatization of the refineries, which will be jointly built by l.p.c. and private people. so that will be private participation. we have to work it out. and talking about the bureau of public enterprises has advisers. they went too far. they sold some of our refineries -- i won't say for nothing, but gave them away for a pittance and we said this isn't what we should be doing. we make sure we get good value for them. have you ever been to nigeria? >> no. >> you should. let us know when you come, we'll take you around and show you. our refineries are start of the art refineries. we have allowed them to go into disuse and not maintained them properly. but they are some of the best. i commissioned one of the refineries, the newest of them all. and when we built it, it was one of the best in the world, no, in the africa. and eventually, privatize, i don't know how much to exte

that will benefit the populations at large, not just a small group as has been the case with oil in nigeria. >> thank you for a wonderful talk. it has been really educational. i have been hearing recently about the growing and reliability of our forecast of future oil production and it seems that we may have reached the tipping point in terms of realizing that there is not as much oil out there as people would like to think there is. i was wondering if you could talk about what impact this might have politically and may be a starting point that we can tap into as far as affecting political change. >> i have spent some time trying to analyze the world oil situation and to see where oil production will be. my guess is we will never produce much more oil and it may well be a year or two ago, on the way down. the interesting thing is we have all spent our lifetimes in the world where oil production was rising. a world where oil production is declining will be a very different world and this is why i am so eager to get this country converted to and electricity for example to run our cars instead

the developing world, things like that, or a company like shell, for their environmental record in nigeria, and talking about how brandan was being used and parading back -- boomeranged back on these corporations. i would tell people that i was writing about anti corporate activism. this was a boom era. everything seemed to be going well with the free market economy. but the book was that the printer in november, and the was being held in seattle and seattle was flooded with tens of thousands of activists. it was 10 years ago. many of them were young. they were talking about many of these issues. labor records of companies like nike. it really took the mainstream media by surprise. the book's success was because it came along when this movement can along. when it came to said in consciousness, and the book got to become part of that. >> you are probably about 25 years old? yes, 26. around there. >> yes. >> did you feel you are awfully young? were you always activist? >> no, certainly not in high school. in university, i got involved in politics a little bit. but mostly, i was involved in c

own experiences in pakistan i've often joked that corruption in pakistan is so bad that it makes nigeria look like a quaker meeting. [laughter] but there's hypocrisy, too, and i know from your book you saw plenty of it. in pakistan if i wanted a beer in an international hotel, i had to literally sign half a dozen different forms and have it delivered to my room where i'd drink it secretly looking away from the prayer formation of mecca. and yet the whiskey, preferably johnnie walker blue or black, last choice indian whiskey, is flowing freely. and i know you saw this. and the point being you've got corruption, you've got hypocrisy, and also as you just alluded to, some of the most profound differences in wealth between the phenomenally rich ruling families of pakistan and the people who live in virtually medieval bondage, serfdom. >> guest: right. very much so. if i could talk about the urban elite -- >> host: yeah, please do. >> guest: i think this is a key understanding as to why pakistan has not sold itself up until now that fighting the taliban is not their war. the urban elite, as y

. >> rich: soccer player in his native nigeria. baskets when he was 15 and decided at his height that might be the game for him. good look to reid and emerson takes himself on the back of ryan reid. >> dan: alabi a soccer player and with those four blocked shots, would you say he's a goalkeeper here? >> rich: he'd an pretty good goalkeeper. >> dan: he'd fill that up net, wouldn't he? what's the net, eight feet high? >> rich: of course the biggest impact player was also a soccer pla play. >> dan: could you have that kind of a career. >> rich: florida state coaches not only talk about alabi with his skills and his potential, but just the type of person he is. you spend just a little bit of time around him, and he lights up a room. >> dan: he's a very friendly guy, very enthusiastic young man, very intelligent young man. >> rich: loucks. right to the floor. snaer flushed it. >> dan: loucks is a very interesting i think issue for the florida state seminoles. he has not had a good start to the year. a lot of the seminoles have. but louc