cooljude:
Funny enough most people here don't know the reason why OPEC had agreed to allow the price of oil remain low but would rather just speak anyhow. They agreed not to reduce production because they don't want Americas shale oil to be profitable which would be profitable at 100 dollars, thereby making America and others abandon their long time plan for shale oil. It would affect some OPEC country but the strategy is to make sure that OPEC nation would continue to be the major oil bloc in the world.

texazzpete:



As far as I know, your only role on Nairaland is to divert criticisms of anybody in the FEC to the Senators, Governors and LGAs.
This is a thread talking about dire consequences to the economy and you're still desperately trying to paint the FEC folks as blameless saints.

Is there something wrong with you? Do you enjoy destroying and devaluing your own country?

davodyguy:
with the election coming and Jonathan who spends money anyhow on campaign, Nigeria is in big trouble

ellguapo:
^^^
Lol. Most times the high positions bestowed on Africans are mere charade, they put them there as puppet in order to have maximum grip on their economical interest in the regions. Normal western shenanigan

sebali:
When Okonjo speaks I wonder how she ever got to such a high position in world bank because I use to think that Imanmadu(man kn man) was peculiar to africa.

cooljude:
Funny enough most people here don't know the reason why OPEC had agreed to allow the price of oil remain low but would rather just speak anyhow. They agreed not to reduce production because they don't want Americas shale oil to be profitable which would be profitable at 100 dollars, thereby making America and others abandon their long time plan for shale oil. It would affect some OPEC country but the strategy is to make sure that OPEC nation would continue to be the major oil bloc in the world.

anonimi:


I have not done any such thing as you allege.
Quite the contrary. Have I not used the word SOLELY, on this same thread, to refer to the attention given our president while the WORSE looters are ignored to our collective detriment

Was this not the post I responded to?



Do you think it is inappropriate to have pointed out that our president is not the ONLY one who should be targeted
Are many of the governors not also campaigning, some even for the presidency?

Perhaps you need to take the advice you gave someone a while back about using the English Primer (or something similar)

donodion:
Gradually.......Ngozi have metamorphosized into GEJ character.....fooling Nigerians at every given opportunity.

cooljude:
Funny enough most people here don't know the reason why OPEC had agreed to allow the price of oil remain low but would rather just speak anyhow. They agreed not to reduce production because they don't want Americas shale oil to be profitable which would be profitable at 100 dollars, thereby making America and others abandon their long time plan for shale oil. It would affect some OPEC country but the strategy is to make sure that OPEC nation would continue to be the major oil bloc in the world.

ApexTitan:
All of a sudden everyone here is an expert financial analyst.

It's all very easy to solve problems from the outside, that's why everybody and their mamas are making all kinds of comments here.

sebali:
When Okonjo speaks I wonder how she ever got to such a high position in world bank because I use to think that Imanmadu(man kn man) was peculiar to africa.

ellguapo:
^^^
Lol. Most times the high positions bestowed on Africans are mere charade, they put them there as puppet in order to have maximum grip on their economical interest in the regions. Normal western shenanigan

texazzpete:


Does anyone truly care about this? What's the sense in bringing this up?
The only criticial information we need to know is that Oil price is dropping below our benchmark price, our Naira is being devalued, austerity measures are being prescribed that will see fuel, food and 'luxury good' price going up. The buffer we should have had in place has long since been frittered away, leaving us looking increasingly vulnerable.

Nigerians are (rightly) worried and you're babbling inanities about OPEC politics

NuhuRibadu:

Clone2020:

ellguapo:
^^^
Lol. Most times the high positions bestowed on Africans are mere charade, they put them there as puppet in order to have maximum grip on their economical interest in the regions. Normal western shenanigan

sebali:
When Okonjo speaks I wonder how she ever got to such a high position in world bank because I use to think that Imanmadu(man kn man) was peculiar to africa.