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My Economic Predictions For 2016- Update 2: Non-oil Exports Are Down?! - Business - Nairaland

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My Economic Predictions For 2016- Update 2: Non-oil Exports Are Down?! by debaj10: 12:34am On Nov 04, 2015
It's amazing that when we should all now be in a serious panic mode, the news didn't even seem to make it to nairaland!
What's going on?!
Abi na me no see am?

http://www.ngrguardiannews.com/2015/11/revenue-from-non-oil-exports-cascades-to-391m/
- that's a N50billion drop o!
- how on earth did this happen?
Wait o. Na only agric produce we dey export?!
Chineke!

And then the nnpc gives us this 'shocker':

http://www.ngrguardiannews.com/2015/11/nnpc-records-n336-83b-deficit-as-subsidy-crude-theft-increase/
- increase in subsidy ke! Ontopof wetin na? If light don dey dey and govt no give contract who com dey use d fuel wey una talk say oil price don crash?
Shu!!
- and I thought the crude theft was being properly managed; where dem com see shans take pass navy plus army? Wetin be dis?!?

So when you combine the two, where is govt going to find money for ANYTHING?!

(Please read the first update here-
https://www.nairaland.com/2690105/economic-predictions-2016-update-1)
Re: My Economic Predictions For 2016- Update 2: Non-oil Exports Are Down?! by G12(m): 8:08am On Nov 04, 2015
debaj10:
It's amazing that when we should all now be in a serious panic mode, the news didn't even seem to make it to nairaland!
What's going on?!
Abi na me no see am?

http://www.ngrguardiannews.com/2015/11/revenue-from-non-oil-exports-cascades-to-391m/
- that's a N50billion drop o!
- how on earth did this happen?
Wait o. Na only agric produce we dey export?!
Chineke!

And then the nnpc gives us this 'shocker':

http://www.ngrguardiannews.com/2015/11/nnpc-records-n336-83b-deficit-as-subsidy-crude-theft-increase/
- increase in subsidy ke! Ontopof wetin na? If light don dey dey and govt no give contract who com dey use d fuel wey una talk say oil price don crash?
Shu!!
- and I thought the crude theft was being properly managed; where dem com see shans take pass navy plus army? Wetin be dis?!?

So when you combine the two, where is govt going to find money for ANYTHING?!

(Please read the first update here-
https://www.nairaland.com/2690105/economic-predictions-2016-update-1)

Brace up Nigerians for the hard times are here

(1) (Reply)

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