Atiku advice Nigerian – What to do to overcome hardship in Nigeria

The global oil market continues to suffer from the vagaries of the coronavirus pandemic, as prices continue to crash due to the sudden, massive, and unexpected drop in worldwide demand for crude oil.
The features market for commodities is a turbulent one, due to unforeseen hazards that come and go.
Read Also: Lockdown: State Governors’ agree to implement inter-state lockdown for two weeks
Today, it is COVID19; tomorrow, it will be something else. It is time for Nigeria to protect her economy from being tossed to and fro by circumstances beyond our control.
We must assert our sovereignty, by exerting more influence over the global trade in crude oil, and other features.
I believe that the time is right for Nigeria to build a strategic crude oil reserve, with massive storage capacity that can hold at least a month’s worth of our OPEC production capacity.
If we build such an infrastructure, we will not have to sell our crude at a production loss. We will be in a position to stockpile the product in our reserve until such time as prices improve. Indeed, other nations take such measures to protect their economy.
North American and European nations have such internal controls to protect almost every sector of their economy – from agriculture, automobile, and even intellectual property.
Read Also: Coronavirus pandemic will cause global Scarcity of ‘biblical proportions’ – UN warns, as it lists Nigeria among countries at risk of famine
Nigeria cannot be left behind. We must be in business for the best interest of our economy.
I would also strongly recommend that we discuss with our partners in the Organisation of Petrol Exporting Countries, and obtain a concession, whereby we can defer our daily quota, such that when we undersell, due to a crash in the price of crude oil, we can oversell when the prices stabilize, subject to the condition that we balance out our quota.
Nigeria’s oil industry remains more susceptible to outside influences than to internal control. This measure can flip that, and make our oil industry more stable, even when there is global instability. This will translate to greater economic independence on our part.
Thank you sir
Yes oo, very much
Ok o
Ok ooo
Yeah
D only solution is to distribute your billions to Nigerians
Ok sir
It is well with our nation
This is my father’s land
The man has insights
I hear you
This is really great
He made a point but that infastructural achievement should have taken place 30 years ago.
My thoughts exactly.
Yes exactly
Hmmmmmm
Ok
Hmmmmmm. Political
Abii
Ok
Our leaders just need top step up and move from being so dependent on crude alone. It time we start generating money in other sector. By this we can keep our crude in store when price drop
You’ve made a point
He has a point..but this should have been foreseen b4 dis time not now
that is good
OK o
Ok o
Good advice
Okay
Good one
So as he has said
It’s Alright
Thanks for the advice
Www
Welldone
Welcome sir
For their mind
It is well with our nation
Read more at: https://naijapalaba.com/atiku-advice-nigerian-what-to-do-to-overcome-hardship-in-nigeria/
Amen oo
Wise saying.
Store for the gods
Hmmm ok
We want money
That’s good
So whatever happens to the oil sector affects Nigeria in general? Let us not depend so much in oil sector.
If only all of us will heed this wise counsel.
Great
We have heard you sir.
Meanwhile, I will pass!
Thank you sir
Hmm
Interesting
Na ogun go kill all of them
Good advice
Hmmmm
Its well.. We don hear
Wel done sir🙋
Hmmm bad politicians
Oga your advice na who e help
E no put food for our table ooo
🤣🤣🤣
Nice one sir
How I wish that Nigeria will listen to you
Alhaji Atiku. Man of the people
Good one
Ahhhh
God will deliver us from man in wolves form
The truth is we need to take responsibility for the development of our economy or else we will continue to be where we are today managing shit.
Yes actually
Thank you my president
Is Alright…
All is well
Thank u president
This is something that is suppose to be done long ago
Ok
That’s a good point
Mmmm
Is only God that can save us
I think atiku ideas are okay for me
Thanks you sir for your advise
Yes o you are right sir
Hope it’s a good one