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Nairaland Forum / Nairaland / General / Politics / Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala (19856 Views)
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Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by Boss13: 10:38am On Nov 28, 2014 |
grandstar: That is how it should be but if allowed Naira will hit N200 for a dollar. We import a lot so CBN has to intervene. We can do what Ghana did re-decimanization of the naira but that will not solve the problem. If we really want to strength our naira, the answer is PRODUCE PRODUCTS OTHER COUNTRIES WOULD PURCHASE. 1 Like |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by ApexTitan(m): 10:41am On Nov 28, 2014 |
All of a sudden everyone here is an expert financial analyst. It's all very easy to solve problems from the outside, that's why everybody and their mamas are making all kinds of comments here. 1 Like |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by LouisVanGaal(m): 10:51am On Nov 28, 2014 |
Am not surprised @ all..this is what happens when talents are under a junk like GEJ...you give birth to 'mismanagement'..In other news, Gas don finish for house o! Waiting of our supply of GEJ's N9.2B stove ..Awon Oniranu Oshi |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by bjdon: 10:51am On Nov 28, 2014 |
Clone2020: This generation have had it good. How many can remember that in 1999 oil was $11 a barrell. During my youth in the 80's early 90's oil only went above $30 once, that was during the first gulf war. It is a massive shame that all the mega money earned from high oil price in the last decade has not been used to really develop the nations infrastructure. If by now we had constant power supply, high speed rail lines and modern high bandwidth communications across the land, the price of oil would be incidental, as an industrial revolution would have already taken off. Such a shame. 2 Likes |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by donodion(m): 10:57am On Nov 28, 2014 |
Gradually.......Ngozi have metamorphosized into GEJ character.....fooling Nigerians at every given opportunity. 3 Likes |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by k2kay(m): 11:01am On Nov 28, 2014 |
No need to panic but allowances and salaries are being cut...Nonsense! |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by Nobody: 11:14am On Nov 28, 2014 |
JonBee1: H-E-L-P! |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by ayukdaboss(m): 11:23am On Nov 28, 2014 |
anonimi:Yes we need to be flogged mercilessly to Discipline. This country is going down. |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by cooljude(m): 11:28am On Nov 28, 2014 |
Funny enough most people here don't know the reason why OPEC had agreed to allow the price of oil remain low but would rather just speak anyhow. They agreed not to reduce production because they don't want Americas shale oil to be profitable which would be profitable at 100 dollars, thereby making America and others abandon their long time plan for shale oil. It would affect some OPEC country but the strategy is to make sure that OPEC nation would continue to be the major oil bloc in the world. 6 Likes 3 Shares |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by madjune(m): 11:30am On Nov 28, 2014 |
musicwriter: Science will help Africa. Science will help Africa. That has been the daily smart mantra of the average graduate. Lip service. Is it not ironic this is coming from you-MUSICWRITER. Change your name now to SCIENCEWRITER. And be a model in your own capacity to our misdirected youths who are future hope for the much prayed economic turn around which will never come if our present youth are busy learning or singing music and hustling to appear in one music reality show like Project fame or idols. I'd written this in some papers years ago. We need reality shows that support science and innovation to lift our economy. Not music. Music and entertainment is for the comfortable. US and UK can afford it. Not Nigeria. Ww need a paradigm shift out of this mental madness. 1 Like |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by Kei144(m): 11:32am On Nov 28, 2014 |
Oil price will go below $60 before the end of the year. Okonjo-Iwealla has not told us that she has any solution to offer when oil price goes below $60. What about the inflation that will soon follow the worsening exchange rate of naira - dollar? Does the Federal government have any plan to cushion that? https://www.nairaland.com/2017238/dwindling-revenue-oil-could-crash 1 Like |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by firstolalekan(m): 11:49am On Nov 28, 2014 |
ellguapo:Exactly, very dumb silly rogue of a woman. GEJ TILL 2015. |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by badjack(m): 11:49am On Nov 28, 2014 |
Why wont we panic madam world bank? This situation simply mean that this niggas will steal all remaining nothing for us to even manage. Please God save your people. This niggars want to eat us uncooked. Help Help Help Help us God. |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by anonimi: 11:56am On Nov 28, 2014 |
ayukdaboss: Kindly speak for yourself. I do NOT need to be flogged to be disciplined as I am a human being EQUALLY endowed like other races who do NOT need to be flogged to do the right thing. This country WENT down because those who flogged OTHERS mercilessly to discipline them were very UNDISCIPLINED themselves- Do As I say, not as I do 2 Likes 1 Share |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by goldfish27(m): 12:10pm On Nov 28, 2014 |
To me up with this the government should reduce and cut the allowances of all it top officials starting from the president to d local chairman....lead by example and to to add extra tax to the common man who doesn't even know the price of air ticket talk more of crude oil......if our leader no change we are heading for the rock cos even oil go finish one day make dem go china and arab go see what the call development and no b to dey spend 9.2 for common stove.....there is God oooooooo |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by bigass(f): 12:12pm On Nov 28, 2014 |
These people are crazy. I priced Note 4 last week at 125k Today it's 130k. |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by Nobody: 12:20pm On Nov 28, 2014 |
bugs1:They always have strategies. |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by musicwriter(m): 12:22pm On Nov 28, 2014 |
madjune: I feel good each time I see people of this school of thought. Your wish will be done!. Thank you. |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by OneDemola: 12:24pm On Nov 28, 2014 |
TheNaijan: Thanks for this 'message of warning'; this is something I've been trying to tell other Nigerians, but they fail to listen. This is not good times for crude oil producers who are solely dependent on crude for revenues, and worse-still, have done a poor job at saving their excess revenues. I read somewhere that, "In the time of price booms, Nigeria had been dancing [/b]Shoki[b] with it's reserves, instead of saving for the future" 1 Like |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by grandstar(m): 1:05pm On Nov 28, 2014 |
RicKyRichards:Apparently Saudi Arabia wants to punish oil dependent Russia and Iran for supporting Assad of Syria. This policy can cripple the Kremlin |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by CHAIRMAN1(m): 1:12pm On Nov 28, 2014 |
shebbi Tambdumbwal was insisting that it should be pegged at 80usd/barrel. can he now see the 'wisdom' in his foolhardiness? They go around calling themselves 'Progressives'. |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by Nobody: 1:15pm On Nov 28, 2014 |
[deleted] 1 Like |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by madjune(m): 1:36pm On Nov 28, 2014 |
musicwriter: MUSICWRITER now called SCIENCEWRITER, verily I say unto you, "tonite, we shall dine in paradise." May God save us from Okonjo Madness. Amen. |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by Holadokun(m): 1:53pm On Nov 28, 2014 |
na until Jonathan destroy everything our eyes go come down I say Enough is Enough Let us Punish them all with our votes! -Bigboluet |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by Nobody: 2:15pm On Nov 28, 2014 |
grandstar:Oh dear! And with ISIS selling on the cheap. Doesn't look too good. |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by greaterlove(m): 2:17pm On Nov 28, 2014 |
ellguapo:why then are you not up there as a puppet? Or is it that you are not even good enough to be a puppet? Just asking. |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by 100Cents: 2:21pm On Nov 28, 2014 |
Let the prices come crashing down. This is the time to create new Billionaires.. |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by ridgeman: 2:28pm On Nov 28, 2014 |
Another untruth from the coordinating ever expanding Minister. When things get suitably hot she will make her excuses, jump ship and blame everyone else. 1 Like |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by donodion(m): 2:51pm On Nov 28, 2014 |
Boss13: bro do u think they do not know...especially the bolded in your line? They do but do not care.If they do stable and sufficient power ( electricity) would be their top priority. All they care about is to loot from hone and stash into private investments abroad. Bastards in Power..male and female alike |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by texazzpete(m): 2:59pm On Nov 28, 2014 |
anonimi: As far as I know, your only role on Nairaland is to divert criticisms of anybody in the FEC to the Senators, Governors and LGAs. This is a thread talking about dire consequences to the economy and you're still desperately trying to paint the FEC folks as blameless saints. Is there something wrong with you? Do you enjoy destroying and devaluing your own country? 1 Like |
Re: Oil Price Fall: Don't Panic; Trust Our Strategies! - Okonjo-Iweala by donodion(m): 2:59pm On Nov 28, 2014 |
ridgeman:shes already ditching the sinking ship called Nigeria with woeful economic policies shes part and parcel of. Dont blame me for naira devaluation -Ngozi http://www.punchng.com/i-punch/dont-blame-me-for-naira-devaluation-okonjo-iweala/ |
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