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Get Ready For The Impending Doom - Politics - Nairaland

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Get Ready For The Impending Doom by Nobody: 3:37pm On Jan 12, 2016
With RBS forecasting a crude oil price in 2016 of $16 per barrel and standard chartered forecasting $10 per barrel. See link below

http://www.theguardian.com/business/2016/jan/12/sell-everything-ahead-of-stock-market-crash-say-rbs-economists

The cost of production for Nigeria's crude is $30 per barrel. See link below

http://www.thisdaylive.com/articles/kachikwu-seeks-reduction-in-30-per-barrel-cost-of-oil-production/225183/

Is it game over for the country?

My people what do you think?
Re: Get Ready For The Impending Doom by brunofarad(m): 3:39pm On Jan 12, 2016
Agriculture the way foward
Re: Get Ready For The Impending Doom by Nobody: 3:39pm On Jan 12, 2016
We need intelligent contribution here. Mod please take this to front page
Re: Get Ready For The Impending Doom by Nobody: 3:45pm On Jan 12, 2016
brunofarad:
Agriculture the way foward

Good point but
Have we invested in large scale agriculture?
Can we compete with Europe and America since there agriculture is massively subsidised?
Can we meet the food specifications of Europe and America?
Do we have the skills to do large scale agriculture?

So on and so on

1 Like

Re: Get Ready For The Impending Doom by MXrep: 3:48pm On Jan 12, 2016
Fiscal federalism is the answer, let every state maximize its potentials, other countries are surviving without oil
Re: Get Ready For The Impending Doom by Nobody: 3:51pm On Jan 12, 2016
MXrep:
Fiscal federalism is the answer, let every state maximize its potentials, other countries are surviving without oil

Good point but do you have intelligent leadership who are able to articulate a life without oil?
Re: Get Ready For The Impending Doom by Nobody: 4:04pm On Jan 12, 2016
lalasticlala, mynd44, Ijebabe
Re: Get Ready For The Impending Doom by MXrep: 5:29pm On Jan 12, 2016
This ur moniker sef grin
Re: Get Ready For The Impending Doom by amaramoka: 5:41pm On Jan 12, 2016
Riensi:


Good point but do you have intelligent leadership who are able to articulate a life without oil?




Your type is actually why we have problems in this country, instead of figuring out practical ways / contributions, u sit and ask questions to people's suggestions, (no insult intended )
If u ask me I would say let us all go back to the farm, and YES Nigeria and other African countries can actually feed the world via agriculture, it's time we embrace our rich soil so that in the near future we can exchange food for technology.
Re: Get Ready For The Impending Doom by Technocrat1759(m): 5:55pm On Jan 12, 2016
Lets stop dreaming because d present set of governors in our states and at d fedral level knws no such thing as large scale agriculture.... No capacity all they knw is hw to share monthly alocations.


Until d youths are elected in i see no hope.
Re: Get Ready For The Impending Doom by Toosure70: 6:45pm On Jan 12, 2016
Better things ahead.

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