this is an economical rant so if u dint give a shit about economy then feel free to exit
some of you may not agree with this put I will present my points with facts as follows
Nigeria has more ppl and more money than any other country in Africa
and we've got oil
like a shut ton of oil
in Economy, oil is the legit JUICE
we used to sell oil a over $100 per barrel and that was a big money magnet for many years it was good (this high oil price didn't mean Nigeria was a1, but it was better than it is now)
now, 2016, the oil price is now under $35
basically, we used to sell our oil to America.
America decided that it would be cheaper to just take oil from Canada and Mexico mostly, bc the transportation cost would be cheaper than to transport all the way for, Nigeria
yeah I get that
but look, Nigeria is FALLING DOWN
I'm not saying we have it the worst, but it is bad
1. poverty is a serious shit here, some ppl legit only eat cassava flakes (garri) for breakfast, lunch and dinner
2. we have been falling in and out of fuelscarcity since like 2012 (probably even before that)
and Nigeria is VERY dependent on fuel. almost no one walks to they're destination because of traffic and distance and unlike in developed countries, sidewalks really aren't good. you'd probably still get hit by a car if you walked on one either way so. and so there's a lot of cars, and w a lot of cars, ur gonna need a lot of fuel. also, in Nigeria, our power is not constant. meaning that electricity isn't there 24/7. like u could be watching tv rn and then the power would just go out cause that's how it's been since way before the 1990syeah, I know Mexico has some problems but not as much as we do
I understand, America made that economical strategy to cut down costs, but can you not take pity ?
Canada probably doesn't even need half of the money they get when America buys oil from them !
Nigeria needs all of the money they get, and then they need more than that !
now, Nigeria (and 2 other countries that America dropped out) are fighting to sell oil to Asian countries
and the Asian countries made an ultimatum for Nigeria and the other countries to reduce there prices, and if they do that, they'd agree to buy their oil
and reducing the price, means reducing the currency
meaning that the naira (Nigerian currency) will fall EVEN MORE to the dollar
- around the 1980s, 1 naira was equal to approximately $0.894
- today, that 1 dollar is about 385 nairaNIGERIA IS FALLING
I'm pretty sure the US knows this but do they give a fuck? no they don't.
Im not saying they should take us as they're responsibility, but they should help us in any way they can
they r legit so selfish like they are way better off than us and they should just continue to buy oil from us, even if it is cheaper to buy from a well better off Canada
like i kno you all are having minimum wage problems but don't even get me started with Nigeria
there's people beggin for food and money on the road
there's ppl selling whatever they can in traffic just so they can make money
and our only source of stable income, oil, is now shit
bc selfish America feels they need to save that money, even though we're over here starving
OIL AFFECTS PRICES OF EVERYTHING
when the oil price drops like this, prices go up AS FUCK
say before a price drop an apple was $1, after the price drop the apple could probably be $3 at the most part
I know y'all have ur stuggles but fuck American government
sorry not sorry
ESTÁS LEYENDO
woes
Randomrants from ya average west african shawty with 0 regards for grammatical correctness