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Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. - Politics - Nairaland

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Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. by obabyoku: 2:08pm On Nov 26, 2014
Nasir El-Rufai Predicted the Crude Oil Price Crash to less than $50 way back in 2012, and as usual no one paid attention.

The fracking of shale oil and gas by the US could result in further decline of oil price, the time to act is now, make our refineries work so we will reduce importation.
Courtesy : www.houseofoge..com

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Re: Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. by Sunnybobo3(m): 2:13pm On Nov 26, 2014
Who didn't know that crude oil would crash with fracking? Mtchewww!!

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Re: Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. by bigtt76(f): 2:15pm On Nov 26, 2014
Make this man go sidon wan side jooor. When he and hin friends nor go let GEJ rest how did they expect him t think straight? Confusion everywhere grin
Re: Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. by masseratti: 2:21pm On Nov 26, 2014
bigtt76:
Make this man go sidon wan side jooor. When he and hin friends nor go let GEJ rest how did they expect him t think straight? Confusion everywhere grin
if Gej cannot think straight with the activities of El rufai and co,then he is not worthy to be a President.

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Re: Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. by Ymodulus: 2:24pm On Nov 26, 2014
What an elder ( Progressive or apc member) will see when seated, a PDP member will never see, even when standing on an IROKO tree.


Ride on Mallam Nasir El- Rufai.

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Re: Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. by donmalcolm21(m): 2:29pm On Nov 26, 2014
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Re: Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. by Idrismusty97(m): 2:49pm On Nov 26, 2014
He also said this on his Facebook page 2012.
This price crash will force reduced dependency on oil & rent-seeking; we may be truly productive for a change. It will be good for Nigeria. https://m.facebook.com/nasirelrufai/posts/10152342337295128
Let the oil burn! It would be harsh for us at first but we will scale through. This is both good and bad news for Nigeria. Enough dependency on the oil, We have been screaming diversification like forever yet little action from the government. Go back to groundnut pyramids, Go back to agriculture.

It seems a lot more people even support the price crash of the oil. http://mobile.twitter.com/elrufai/status/281690966593777664

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Re: Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. by GogetterMD(m): 3:26pm On Nov 26, 2014
Sunnybobo3:
Who didn't know that crude oil would crash with fracking? Mtchewww!!
Sorry, I don't mean to be rude but it's only logical that if everybody must have known, then also our leaders(FG) must have also known and hereby cushioned the effects of the predicted oil price fall. But that didn't seem to happen now did it?

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Re: Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. by Collynzo9: 4:10pm On Nov 26, 2014
Idrismusty97:
He also said this on his Facebook page 2012.
Let the oil burn! It would be harsh for us at first but we will scale through. This is both good and bad news for Nigeria. Enough dependency on the oil, We have been screaming diversification like forever yet little action from the government. Go back to groundnut pyramids, Go back to agriculture.

It seems a lot more people even support the price crash of the oil. http://mobile.twitter.com/elrufai/status/281690966593777664
LMAO!
How much is groundnut in the market? Who says price of agricultural products like cocoa isn't dropping too?
The solution is in manufacturing and serious industrialisation, not mere planting and harvesting. Many other African countries are as over-dependent on Agriculture as we are on oil and they are worse off.
Industrialization is the answer.
Re: Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. by basty: 4:21pm On Nov 26, 2014
When there was an oil Boom nobody knows, let the doom comes and the son of man will never give a Bleep.
Re: Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. by 9jatriot(m): 4:22pm On Nov 26, 2014
Why do I have this feeling that Abati or Okugbe or even SSS (DSS) will soon come out to say that APC is behind the recent oil price and use this tweet as proof.
Re: Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. by Sunnybobo3(m): 4:59pm On Nov 26, 2014
GogetterMD:

Sorry, I don't mean to be rude but it's only logical that if everybody must have known, then also our leaders(FG) must have also known and hereby cushioned the effects of the predicted oil price fall. But that didn't seem to happen now did it?

They also knew. That's why Ngozi Iweala was shouting at the top of her voice that the excess crude account be funded and kept as savings for the rainy day as well as the sovereign wealth fund but the Amaechi led NGF labelled the account illegal and went to court to declare it as such.
Re: Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. by tinkinjow: 5:45pm On Nov 26, 2014
So did grow enough garbage and onions to cushion the consequences or was still ogling at a commodity very far away from his backyard.

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Re: Malam Nasir El-rufai Predicted Crude Oil Price Crash In 2012. by citizenY(m): 3:35am On Nov 27, 2014
WINDMILL OR NO WINDMILL ..help me complete that time tested statement.

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