Now speaking of Hades, recall that I asked Buhari to find out what it means.
It's nickname for "commodity price collapse Instability index. That Nigeria is on it is a fit accomplish if only because it relies on oil( commodity) for it's survival to the range of about 95%.The price of oil is going down and would remain down for now.
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| Credit: http://naijabizideas.com/ |
According to The Economist,"Africa,wake up and grow coffee" The reason is that the world is awash with an over supply of what used to be necessity,oil.
Like Ghana, Nigeria has borrowed money ( to pay Oshiomole for his role as a brother killer) in dollar that were simply printed by the US and the ECB. Cash that's essentially useless to the creditors as it's just paper. But the debtor must pay back in real dollars.This madness was possible because the good brains have left government. Buhari and Oshiomole, illiterate for the most part, think Nigeria is like a 150 cow farm or a tailor's shop, Namely that Nigeria can be managed by Permanent secretaries.
And so ,we are back in the days before, Bono, Mandela and Bob Geldof begged the West to forgive Africa It's sinful debts.
Business is gone as oil prices ain't going up. Agro products export remained banned.
It's a matter of time for mass layoffs because the population does not have the cash to buy products and employers, thus would have no use for their staff.
Incidentally, Bismark Rewane, former adviser to Jonathan,is a member of DaMina. He'd have warned Nigeria about Hades. But what's the point? A prophet is without honour if he/she's got anything to do with Jonathan. Speaking of prophets, find out where Ngozi Okojio-Iwaela is.
Nigeria,you've just played yourself.
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