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Nairaland Forum / Nairaland / General / Politics / On The Decline In Oil Revenue. (2084 Views)
Recession: FG’s Non-Oil Revenue Shrinks By N134bn / Nigeria Earns N724.63 Bn In Oil Revenue / Nigeria’s Oil Revenue Loss Hits N10.1bn Daily (2) (3) (4)
Re: On The Decline In Oil Revenue. by babadee1(m): 4:55pm On Jan 06, 2015 |
J12: I respectfully disagree. The problem of this country is that oil has been our priority for too long and by now it's obvious that it is a misplaced priority. For over fifty years we have been depending on oil to the detriment of other sectors especially agriculture. What we could have done instead of spending the oil money away is to have reinvested it in other areas of the economy. Look at Dubai, see what they did with their oil wealth. If their oil should suddenly dry up today they can survive on tourism and retail because they reinvested in those areas. Nigeria has no long term economic plan. To continue as we have been doing all along is not a plan. |
Re: On The Decline In Oil Revenue. by EasternLeopard: 5:32pm On Jan 06, 2015 |
Re: On The Decline In Oil Revenue. by EasternLeopard: 5:34pm On Jan 06, 2015 |
babadee1: Is a disaster in making God bless you Unfortunately we keep pretending |
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