Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,420 members, 7,954,662 topics. Date: Saturday, 21 September 2024 at 05:49 AM |
Nairaland Forum / Nairaland / General / Politics / What Does The Iran Nuclear Deal Mean For Nigeria? Harder Times Are Ahead! (1098 Views)
Harder Times Ahead With Galloping Inflation - Uche Uwaleke, / Witches Advise Rivers Governor Wike.'pray Harder Not To Lose.' / Iran Nuclear Deal " Fine New Chapter' Or Historic Mistake. (2) (3) (4)
What Does The Iran Nuclear Deal Mean For Nigeria? Harder Times Are Ahead! by Wallie(m): 5:07pm On Jul 14, 2015 |
Naira will lose more value and revenue from oil sales will dwindle as oil prices will further decline. http://money.cnn.com/2015/07/14/news/economy/2-gas-iran-nuclear-deal/index.html
http://money.cnn.com/2015/07/10/news/iea-oil-report/index.html?iid=EL |
Re: What Does The Iran Nuclear Deal Mean For Nigeria? Harder Times Are Ahead! by Emekamex(m): 5:11pm On Jul 14, 2015 |
Send this to Buhari |
Re: What Does The Iran Nuclear Deal Mean For Nigeria? Harder Times Are Ahead! by ERODEDEAST(f): 5:14pm On Jul 14, 2015 |
Oil prices might drop to $30 or less per barrel simple. |
Re: What Does The Iran Nuclear Deal Mean For Nigeria? Harder Times Are Ahead! by maverickdude(m): 5:22pm On Jul 14, 2015 |
owk |
Re: What Does The Iran Nuclear Deal Mean For Nigeria? Harder Times Are Ahead! by baralatie(m): 5:32pm On Jul 14, 2015 |
Cc: PMB,oil marketers (major and co) and economic team(in the fulneess of time). |
Re: What Does The Iran Nuclear Deal Mean For Nigeria? Harder Times Are Ahead! by Truckpusher(m): 5:35pm On Jul 14, 2015 |
Somebody needs to start a war in the Middle East abeg. |
Re: What Does The Iran Nuclear Deal Mean For Nigeria? Harder Times Are Ahead! by Dannyset(m): 5:44pm On Jul 14, 2015 |
Can we shamed this oil thing and invest heavily in other sectors? In time like this we have to look inward, and make it snappy too. |
Re: What Does The Iran Nuclear Deal Mean For Nigeria? Harder Times Are Ahead! by Wallie(m): 5:47pm On Jul 14, 2015 |
Unfortunately, it is the ordinary citizens on the street that will feel the brunt of it! The government under GEJ should have been saving for a rainy day like this but I'm not even sure that would have been enough in the long-term. Diversifying the economy is the only long-term solution but with what money? If the dwindling revenue is spent on recurrent expenditure where will money for investment into other sectors come from? I honestly do not envy Buhari and his team! |
Re: What Does The Iran Nuclear Deal Mean For Nigeria? Harder Times Are Ahead! by pacino26(m): 6:21pm On Jul 14, 2015 |
Wallie: Hard talk bro. It's a fact cuz these legislooters and ex-govs do have their loot in dollars. It's time we look inwards to develop the economy starting from the smallest unit. Make use of available and affordable technology to harness power and drive the economy into other sectors especially manufacturing. Time to cut cost of governance, forsake white elephant projects and get feasible developmental projects. I thought APC got a manifesto and blueprint to drive the country forward? It's time they bring it out. Local refining of petroleum Local processing of agricultural products Gas for power, we can replicate the combine cycle gas plants to drive us through the incoming dark times. Joseph and Egypt comes to mind here. Where are those who strongly opposed naira devaluation? |
(1) (Reply)
How The Leadership Crisis In The House Of Reps Was Sealed-daily Trust / Is SSS Director General, Lawal Daura, A “card-carrying APC Member”? / Senators Abandon Lawan, Tinubu.
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 18 |