NIGERIA: THE CRUDE OIL ECONOMY
NNPC CHOOSE TO PUMP UP THE VOLUME
SHALE FLEES TO THE SANCTUARY OF PROTECTIONISM IN THE AGE OF TRUMP
NIGERIAN OIL SHUT-IN LIKE END OF DAYS
EXCESS CRUDE ACCOUNT A BRAZEN SLUSH FUND
BUHARI TIME FOR CBN TO FLOAT THE NAIRA
Nigeria must now prepare to accept the new reality, the time of windfall booms fuelled by surging oil revenues has come to an end. The world is awash with oil at a time the renewable footprint is ever increasing. More importantly what the global oil market is witnessing in a time of demand destruction is an existential struggle for market share. Nigeria is ill equipped to join this battle. In the 1980s the Nigerian economy first fell victim to a calamitous economic decline following a windfall boom brought on by crashing oil revenues. The same thing happened in 2014 and as a consequence drove the country into recession . It has now happened yet again in 2020. To make things worse it comes at a perilous time with COVID-19 threatening economic and societal Armageddon.
RUSSIA WAGE WAR ON US TO END SHALE'S FREE RIDE
OPEC CRASHES NIGERIA'S ECONOMY ; TIME TO LEAVE
SAUDIS MIGHT REGRET STARTING RECKLESS OIL PRICE WAR
FINALLY TIME FOR OPEC TO DEAL WITH SHALE
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