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Nairaland Forum / Nairaland / General / Politics / Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day (1910 Views)
Recession: Governors Frustrated Us From Saving For Rainy Day – Obasanjo / Photo: When You Return To Nigeria Six Years After / Tony Attah Is NLNG New CEO As Omotowa Bows Out (2) (3) (4)
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by Jayceo(m): 6:24pm On Aug 24, 2016 |
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Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by Jayceo(m): 6:34pm On Aug 24, 2016 |
shukuokukobambl: So is leaving money in our reserves what you consisder as saving? Obj left money in the reserves like he is meant to do Same did Yaradua Same did GEJ , he left $26 billion UBEC fund of 50 billion Naira, Excess crude account that was initially used to bail out some states when buhari came in. But would you call these savings Did anyone create a Fund Specifically for thr rainy day, NO! It was Okonjo Iwealas Idea to start SWF for the rainy day but , fashola, Amaechi, Kwankwanso etc jeopardized it. Obasanjo didn't save for the rainy days, he left funds in the coffers like every president would do, he didn't initiate any fund like PTF of those days or SWF for the rainy day and this is where I am coming from 2 Likes |
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by shukuokukobambl: 6:42pm On Aug 24, 2016 |
Jayceo: Ok. However the point i'm making is that if our reserves were so robust that Soludo spent $18B or so to defend the naira against the global meltdown of 2008, then it makes sense to believe that a similar scenario could at least served as a buffer to hold us while we seek other ways to help ourselves 1 Like |
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by DabuIIIT: 6:47pm On Aug 24, 2016 |
shukuokukobambl:keep on waiting, i pray u dont blame gej when u are 70 with nothing to show |
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by Jayceo(m): 6:50pm On Aug 24, 2016 |
shukuokukobambl: Thats not correct. Buharis team isn't as solid as the team of '08 |
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by shukuokukobambl: 6:50pm On Aug 24, 2016 |
DabuIIIT: Just as you'll blame Buhari till you get into your grave for your obviously wasted and failed life 2 Likes |
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by shukuokukobambl: 6:51pm On Aug 24, 2016 |
Jayceo: What isn't correct? when did we start comparing teams or am i missing anything? 1 Like |
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by machinery1: 6:59pm On Aug 24, 2016 |
betterABIAstate: Customized, What about the 51% share of the FG? 1 Like |
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by machinery1: 7:03pm On Aug 24, 2016 |
DabuIIIT: Coming from a coward that had to clone a nairalanders handle to spew his hate. You are not even bold to use your own moniker, trolls like you amuse me. 1 Like |
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by DabuIIIT: 7:08pm On Aug 24, 2016 |
machinery1:ZOOGERIAN AMUaZING SPIDERMAN. HAAAHAHAHAHAHAHA.. |
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by machinery1: 7:09pm On Aug 24, 2016 |
DabuIIIT: Loudmouthed Ipob tout. 1 Like |
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by DabuIIIT: 7:12pm On Aug 24, 2016 |
machinery1:alamdi apere afonja lolssss |
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by machinery1: 7:13pm On Aug 24, 2016 |
DabuIIIT: Coward osu ipob druggie. 1 Like |
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by Nobody: 4:51pm On Aug 25, 2016 |
Mylove55:Wow matured lady First and foremost Am not an 'IPOB" member and secondly I'dont usually insult your Uncle buhari And Moreover if you are actually matured ( though your comment clearly states otherwise) you'll notice that 'my comment that you quoted is not in support of PDP as you claim. Wait why am i even explaining, Am sure you didnt even read through what the OP posted. Well if you'll let me, i got better things doing. Take care of yourself matured mummy |
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by mikolo80: 6:27am On Aug 26, 2016 |
betterABIAstate:so via Stella and dizzy will get more money to loot ba |
Re: Omotowa: How Nigeria, Six Other Oil Producers Failed To Save For Rainy Day by Nobody: 7:33am On Aug 26, 2016 |
Mr Omotowa is wrong on Norway. They have two funds for stabilization with one being a petroleum surplus fund. The country has managed to save a few trillion or so krone(nearly 873billion USD) through this channel. Their fund is as big as Abu Dhabi's. Iraq has had a shaky past fifteen years with the north and south oil companies there lacking coordination and planning. In fact to cut it short the dunce hat goes to Nigeria and Venezuela. Lol. No need talking too much. Afterall Nigeria is what should concern us. |
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