Author Thomas Ramseyer
The demagogic title not fitting the article Nigeria's Daily Nation Newspaper published on Monday, 23, at all is terribly misleading worldwide cursory spectators.
Nigeria's Jonathan Goodluck administration in fact will not want to achieve the contrary. Right to the contrary it will build infrastructure all over the country, in every state, for the benefit of the entire population.
Nigeria's Jonathan Goodluck administration in fact will not want to achieve the contrary. Right to the contrary it will build infrastructure all over the country, in every state, for the benefit of the entire population.
Facts
1) Goodluck admin rolling out plan for all Nigerians achieving wealth
Nigeria's Jonathan Goodluck administration is rolling out an outstanding plan to develop a strong domestic economy to boost all its citizens wealth. The time horizon is 2015 to 2050. By the end of 2012 first steps are going to be achieved. Those achievments will render Nigeria more independent of foreign countries abroad.
Nigeria's Jonathan Goodluck administration is rolling out an outstanding plan to develop a strong domestic economy to boost all its citizens wealth. The time horizon is 2015 to 2050. By the end of 2012 first steps are going to be achieved. Those achievments will render Nigeria more independent of foreign countries abroad.
1.1) Goodluck administration want Nigeria its refineries back to production
The will to have refinery plants back to production will be a great advantage for Nigerian consumers. Given the travel expenses (Bonny light's journey from Nigeria to the USA -then oil derivatives travelling from America's rifineries to Nigeria) are going to be spared Nigeria's eonomy, all citizens are to profit from this by trend.
The will to have refinery plants back to production will be a great advantage for Nigerian consumers. Given the travel expenses (Bonny light's journey from Nigeria to the USA -then oil derivatives travelling from America's rifineries to Nigeria) are going to be spared Nigeria's eonomy, all citizens are to profit from this by trend.
1.2) Nigeria rank 6 of proven reserves. As exploration is done by foreign companies there for sure is more reserve yet not announced
Nigeria right now is ranked sixth when it comes to proven reserves.
Nigeria right now is ranked sixth when it comes to proven reserves.
1.3) To the contrary of Daily Nation Newspaper Nigeria does not sell oil
But to the contrary of facts stated in Daily Nation Newspaper, Nigeria is not an important seller of oil anymore.
1.4) Bonny light linked to Bright; prices fixed far abroad are manipulated by other country desperatly needing funds
The reason thereof is the tag of Bonny light to Brent traded on the chicago board of trade CBOT. In other words Bonny's price is linked to some electronic entries far away abroad. Those oil contracts traded on CBOT never meet delivery against payment. Nobody since more than one and a half years is buying Brent nor Bonny light.
The reason thereof is the tag of Bonny light to Brent traded on the chicago board of trade CBOT. In other words Bonny's price is linked to some electronic entries far away abroad. Those oil contracts traded on CBOT never meet delivery against payment. Nobody since more than one and a half years is buying Brent nor Bonny light.
1.5) Nigeria running out of homegrown money
This means that Nigeria is running out of money. Thus this country being choked by greenhorny traders at Chicago is not in the position to import oil derivatives.
This means that Nigeria is running out of money. Thus this country being choked by greenhorny traders at Chicago is not in the position to import oil derivatives.
1.6) Northern system will lure Nigeria to become heavily indebted
Not before long countries as well as banks, refineries and Development Banks are going to offer credit facility to Nigeria to become dependent on other countries' banks (they are about to restructure their balance sheets by restrictive credit policy even calling credits for redemption. Also all credit taking debtors and their economies are living at the mercy of some ruthless central bankers: (USA' federal reserve system FED, European Central Bank ECB/EZB and others. All their activities will have a seveer impact on all countries economies. Mismanagement of central banks - FED's easing of cheap money to build and buy real estate in the US during two terms of the Bush administration, heavily influencing interest rates all over the world - lead by politicians, lobbyists and the Bush administration allowed stockmarkets and the real estate market to boost. Just in time to pester the Obama administration federal reserve system top or toppish banker (was there really the need to do it?) augmented the the central bank money's interest rate from roughly 0.25% p.a to some 4.5% thus choking the US-economy and later all economies around the globe. Strategy, tactic, whatever the effect was evident; infrastructure to be bought at low prices.
Not before long countries as well as banks, refineries and Development Banks are going to offer credit facility to Nigeria to become dependent on other countries' banks (they are about to restructure their balance sheets by restrictive credit policy even calling credits for redemption. Also all credit taking debtors and their economies are living at the mercy of some ruthless central bankers: (USA' federal reserve system FED, European Central Bank ECB/EZB and others. All their activities will have a seveer impact on all countries economies. Mismanagement of central banks - FED's easing of cheap money to build and buy real estate in the US during two terms of the Bush administration, heavily influencing interest rates all over the world - lead by politicians, lobbyists and the Bush administration allowed stockmarkets and the real estate market to boost. Just in time to pester the Obama administration federal reserve system top or toppish banker (was there really the need to do it?) augmented the the central bank money's interest rate from roughly 0.25% p.a to some 4.5% thus choking the US-economy and later all economies around the globe. Strategy, tactic, whatever the effect was evident; infrastructure to be bought at low prices.
2) Brilliant plan of Goodluck administration
Once Jonathan Goodluck administration's bright and ambitious plan becomes effective there gradually will be a lot of jobs for Nigerians all over Nigeria; in North as well in the south.
Once Jonathan Goodluck administration's bright and ambitious plan becomes effective there gradually will be a lot of jobs for Nigerians all over Nigeria; in North as well in the south.
3) Infrastructure everywhere creating jobs and wealth
Infrastructure is needed everywhere in the country thus bringing jobs, know-how, knowledge and experience to any region of Nigeria; from North to South and East to West.
4)The entire population to profit
Jonathan Goodluck administration's will have participate ALL regions throughout the country.
Suggestion
Nigerian population shall not pick all the negative and distructive opinions off any source. There is only one person to be trustet; everybody may trust himself. The citizens are bright so they are able to judge on their own. Never lend an ear to destructive sources, media, self-centred politicians and the sort.