urplus being denied due to lack of clear cut economic

 even at that, at $48 per barrel with as many as two million plus barrels of crude oil per day, President Buhari cannot ask where the money is. Oil price fell as low as $9 in 1998 during the regime of Gen. Abdulsalami Abubakar.

I recollect Nigerian journalists once asking the late president of Tanzania, Julius Nyerere, visiting A stanyarhouse.com buja for the transition lecture in 1999, about his reaction to the then global falling oil prices. His reaction mixed with humour was that; May God give Tazania oil at any price, saying he would be contented with having oil at the lowest price instead of agonising on how to import petroleum products which according to him Nigeria had in abundance.

The point cannot be overstated that Nigeria is still not short of actual oil money, if only we learn to leave within our means. President Buhari must think outside the box of oil money (whether stolen or declining due to falling price). The President must think of Baran’s Potential Economic Surplus being denied due to lack of clear cut economic agenda of stanyarhouse.com growth and development. Buhari’s government must spell out how it wants to unleash the energy of Nigerians for developmenn ready for positive change. This government must stop agonising but must organise human and material resources for urgent production of the much needed goods and services. theamericanbuzz.com According to the Central Bank of Nigeria, the country spent a total of N1.18tn (about $7.4bn) on the importation of toothpicks, fish, milk, textiles, rice and furniture between 2014 and May 2015. That is almost the amount Indian Prime Minister, Prime Minister Narendra Modi, unacceptably threw at 52 African heads of states including Nigeria last week as a so-called grant. The Governor of the CBN, Godwin Emefiele, recently revealed that the Federal Government spent $2.41bn t.

The people are more tha

Comments

Post a Comment

Popular posts from this blog

The benefits of a healthy diet

  There are many risks associated with taking health fitness programs. The most common and serious risk is injury. Many programs are designed for specific abilities, and as a result, there is a high percentage of people who attempt to do too much of one americandailyjournal type of training, like health fitness. Another risk is that the program may not be properly certified by the National Health Federation (NHF). This is because NHF does not require that all programs being offered are family-friendly, which often means that some programs are not. However, the NHF does require that programs provide and don’t use hormones or antibiotics without written consent from the parents.   A healthy diet is a great way to maintain your health and your business’s growth. There are many benefits to a healthy diet. First, it’s important to drink plenty of fluids, including water, juice, and smoothies. This will help keep your body hydrated and help you to lose weight. atechz You also need ...
Read more

you’re a romantic to the core or a cold pragmatist,

  It doesn’t matter if you’re a romantic to the core or a cold pragmatist, buying an engagement ring will surely bring you out of your comfort zone. Purchasing an engagement ring bring webapex.net s emotion and practicality together. You’re giving your partner a symbol of your unwavering commitment and love. At the same time, you’re also spending a fortu westernmagazine.org e than a lifetime. There are plenty of other considerations besides your future fiancée’s ring size. To make your engagement ring hunt fun, practical, ysin.org and comfortable, check out these four considerations. YOUR WOMAN’S LIFESTYLE Your soon-to-be fiancé will wear the engagement ring for many years. Most of the time, women don’t like removing their ring for hobbies, chores, sports, or work — so this ring must fit her lifestyle. For instance, she’s taking care of other people, or she uses her hands a lot while working. In these cases, you should consider a ring without an elevated dia...
Read more

The internet of things has been evolving at a rapid pace

  The Rise of Data Capitalism   With such striking similarities between the internet of things and the future of technology, it’s easy to see how the two can easily fall under the same malibutimes.net umbrella. After all, both trends share the goal of creating a more efficient and effective internet — one that is both more efficient and effective in supporting more functions. And yet, data capitalism is a very different idea from the data-driven, customer-first approach taken by the future of technology.   Digital Rights and California’s Net Neutrality Rule   The internet of things and data capitalism are not two separate trends, but the same. The Digital Millennium Copyright Act (DMCA), passed in 1998, established a foundation for protecting digital content. It also established a legal framework for limiting the extent to which technology could be used to create and distribute content. magazinepot.com The law remains in place today as soon as it takes effect on Jan...
Read more