I am quite surprised to see the reaction around here to the slump in oil price.
It was inevitable from the moment China — the world’s 2nd largest economy & 2nd largest consumer of oil in the world at more than 14%— was bugged down by #Covid19.
I am surprised @ our Surprise.
It was inevitable from the moment China — the world’s 2nd largest economy & 2nd largest consumer of oil in the world at more than 14%— was bugged down by #Covid19.
I am surprised @ our Surprise.
Last week, after reading the news of a #COVID19nigeria Break by the @nassnigeria , I wondered if before thinking of themselves, our lawmakers in the @NGRSenate & @HouseNGR asked the Executive @NigeriaGov to present them with economic impact of the global health crisis. Well...
We waited until the “shoe that was seriously dangling to drop” actually dropped before we now appear to be gradually waking up.
This in an economy with historical record of oil-price volatility and especially with zero buffer in Excess Crude A/C?
Well, we are already in it.
This in an economy with historical record of oil-price volatility and especially with zero buffer in Excess Crude A/C?
Well, we are already in it.
Perhaps a Chinese proverb can also help us process our approach to managing the Economic Impact better from now:
A very popular Chinese proverb says: “The best time to plant a tree was 20 years ago. The second best time is now.”
@NigeriaGov @NGRSenate @HouseNGR on your mark!
A very popular Chinese proverb says: “The best time to plant a tree was 20 years ago. The second best time is now.”
@NigeriaGov @NGRSenate @HouseNGR on your mark!
Hopefully @cenbank knows that this time around, it has practically no margin for experimenting with a socialist Exchange Rate Policy.
Ministry of Finance has to take a hard look at the Budget for revision.
Please spare the Poor the Burden of financing the Rich yet again. ✍🏾
Ministry of Finance has to take a hard look at the Budget for revision.
Please spare the Poor the Burden of financing the Rich yet again. ✍🏾
