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Nairaland Forum / Nairaland / General / Business / OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights (21814 Views)
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Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by 989900: 10:28am On Feb 27, 2015 |
GEJ sold oil at the average highest prices ever, for the longest time ever in Nigeria's history. #FACT The biggest drop ever in oil prices was in 2008 from $147.27-$33.5, yet the Naira never crashed this badly. Even OBJ after all the stealing, grew our Reserves from $4b thereabout to $43b while paying debts (according to NOI). Yar'Adua grew it to $62b; with all the money made under GEJ, he depleted it to $31b, while incurring more debts. NOI just annoys me, she get mind sha. The graphs below tell it all. 2 Likes
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Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by Firefire(m): 10:28am On Feb 27, 2015 |
drlawizle: Oh, na play? I catch am now... How are you doing in United States? |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by Laid2001: 10:33am On Feb 27, 2015 |
That is Why CHANGE IS IMMINENT. WE NEED TO CHANGE TO PEOPLE WHO KNOWS HOW TO PLAN FOR THE FUTURE! SAI BUHARI SAI OSINBAJO SAI BABA |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by Nobody: 10:41am On Feb 27, 2015 |
Firefire: Me and Kanye west just nack one alomo finish... Omo come see my zobo-eyes. |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by 100Cents: 11:50am On Feb 27, 2015 |
Firefire: Gbam ! |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by 100Cents: 11:52am On Feb 27, 2015 |
LRNZH: So GEJ government started the corruption ? Ehya, tell me another story... |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by 100Cents: 11:55am On Feb 27, 2015 |
LRNZH: So $2bn out of $70bn is less than 1% ? Omoh, which school did you graduate from ? Buhari, show your certificate |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by stevecantrell: 12:09pm On Feb 27, 2015 |
Popemax: All of Nigeria need to wake up and dump this erroneous idea that a presidency must last 8 years despite dismal performance. The constitution says you have a MAXIMUM of 8 years, renewable after 4 years. If you mess up, you're kicked out after 4 years, that's how civil, developed societies and democracy are made. If Nigerians are serious about development and progress of their country as well as the future of their children, they need to make their leaders understand they're under contract and accountable to them - the PEOPLE. Buhari and his party should also understand we will kick them out after 4yrs if they make no meaningful progress over that period. 8 years is not birthright of any president. If you want 2 tenures, they must be EARNED. 3 Likes 1 Share |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by IanDiamonds: 12:16pm On Feb 27, 2015 |
Firefire: I saw right through this... God bless you for admitting the Jonathan Led government is a total waste.. |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by IanDiamonds: 12:20pm On Feb 27, 2015 |
100Cents: If you had read well enough you'd see he stated facts about external and domestic debts... You're here displaying your ignorance and you're asking for someone's certificate... Talk about Heresy... 1 Like |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by lookingfly: 12:28pm On Feb 27, 2015 |
Chukwu94:all this apc fans no get head,did you read the post very well.how is the oil price that is also affecting other countries caused by gej or you think gej deliberately reduced the price of fuel.no wonder your gmb said if he is voted in,he would stabilize world oil price,very clueless and archiac of him to have said that! |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by 100Cents: 12:30pm On Feb 27, 2015 |
IanDiamonds: I don't want to answer you.. He has taken correction. I don't read comprehension twice.. So go back and assimilate.. 1 Like |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by Pesuzok(m): 12:40pm On Feb 27, 2015 |
Firefire:So how much did you see? |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by Chukwu94: 12:44pm On Feb 27, 2015 |
lookingfly:It was because the economy was not diversified enough, that is why the falling oil price is having significant impact on Nigeria. Behave matured by not using uncoutured languages.. Do i make myself clear |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by IanDiamonds: 12:50pm On Feb 27, 2015 |
100Cents: Talk to the hand... My one cents: Learn to read and Understand... 2 Likes |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by donshaddow(m): 12:51pm On Feb 27, 2015 |
OLADD: Yeah, no problem. It will surely go to the 300% increase and life salary to the four (4) principal officer of the government. President, Vice, Senate President and Speaker. What a pleasant idea. Thank you PDP & APC (if they chose to support the motion). Thank you Jonathan (if he ascents the bill) Thank you Nigerians (for choosing not to fight it). |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by Nobody: 1:25pm On Feb 27, 2015 |
ON POINT!!, don't mind dis current bloody government! LRNZH: |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by mikolo80: 2:09pm On Feb 27, 2015 |
LRNZH:WHEN THEY HAVE COLLECTED THEIR OWN SHARE OF THE 67BILLION.YOU BETTER DON'T GIVE YOURSELF STROKE.WE NEED YOU FOR THE REAL BATTLE AHEAD.THEY HAVE CHOSEN THEIR PATH OF PERFIDY. 2 Likes 2 Shares |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by Franzeez(m): 3:36pm On Feb 27, 2015 |
LRNZH: Was GEJ d president for 30 years? Why should he take all d blame Abeg go and sit down |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by aresa: 3:38pm On Feb 27, 2015 |
LRNZH: When you run around with dogs, you must eat shittt. The poor barca guy can not formulate any rational, intelligent and sensible talk anymore... There's just too much dirt, corruption, incompetence and lack of anything worthwhile to defend or be proud of. He's mentally and intelligently finished... |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by lookingfly: 4:46pm On Feb 27, 2015 |
Chukwu94:and you want gej to diversify nigerian in 4yrs,right?diversification my brother is a gradual process(transformation) and not an instant thing(change).if not for gej administration that has taken a bold step to diversify our economy,which past leader tried to in the past 30yrs? |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by Olaone1: 5:02pm On Feb 27, 2015 |
hmm |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by orble: 5:18pm On Feb 27, 2015 |
Chukwu94: HOW MUCH BE YA CHANGE SEF? |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by Chukwu94: 5:20pm On Feb 27, 2015 |
orble:My change is buhari 4 president... Do you copy? |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by orble: 12:52am On Feb 28, 2015 |
Chukwu94: Chai! #NeverAgain shall we fall into dictatorship |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by Nobody: 2:25pm On Feb 28, 2015 |
I hardly comment on issues but the way many of you (interactants) on Nl look at issues that make many cry always amaze me. Anybody that says Nigeria economy is viable is only deceiving us. Nigeria economy is crumbling and we are all blinded buy these God -forsaking politicians lies and sweet words. Many are shouting GOODLUCK while others are saying Bhuari and unemployment rate is at alarming and disgracing rate. oil price fall is less than a year, and we are already in a mess and many Nigerians never see the future problems. Already there is a slash in the states allocation and you don't still foresee crisis. when one falls to save for the dry season, one ends up a beggar. Interestingly , now we are talking of diversifying when our economy is on the verge of collapsing. why is our leaders and the so- called politicians are not pro-active but re-actionary? when the machinery and strategies for diversification is never in place? when there is no plan for other resources? when our electricity is beyond epileptic stage? my people there is fire on the mountain. I foresee salary cut and heavy austerity measures. If we are not very careful and cry to God to rescue us, I foresee a total economy imbroglio. What a pity for a country, Nigeria ! Naria is very useless and that never bothered them only feeding us with lies. I listen to all there campaigns as welll as manifestoes and I shook my heads because none of them mention how they will solve economy crisis. yes they all promise employments but my question is how? Yes we need change but what type of change and how will they go about the change? Yes i believe in continuity but continuity in all these mess? Continuity in a leader that never sees differences between corruption and stealing? Continuity in corruption and heavy loan? Continuity in high poverty rate? Continuity in no respect for the rule of law? continuity in I think I will not like to continue in all these. yes we need change but with what set of people? my only questions to them are how do they acquire their wealth? What is their profiles? Who are they? I believe in change but we a set of change people and those that have experienced change because you cannot give what you dont have. This is just the background to my contribution on this issue, I will continue with data and analysis.. To be continue.... 1 Like |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by LRNZH(m): 8:46pm On Mar 07, 2015 |
oyezed: Well done for this exposition. May you keep seeing clearly what these bats are denying. |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by Chukwu94: 8:33pm On May 30, 2015 |
lookingfly:After everything, buhari has been sworn in as the president |
Re: OIL PRICE CRASH: Nigeria In Top 5 At-Risk Countries - Global Risk Insights by lookingfly: 11:22pm On May 31, 2015 |
Chukwu94:another apc fan that doesn't have brains.let me ask u,who said buhari should not be sworn in?apc fans always beclouded by sentiments.pls,could you tell me what related the fact that buhari made a clueless statement by wanting to stabilize world fuel price and him being sworn in or is it a crime now that when a president makes dumb statements we should not criticize him.make sure that next time,after u r high on weed,just go and sleep instead of making noise like ur president. |
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