Feel very, very strongly about the last RT. When it comes to our inability to save, I lay that squarely at d doorstep of the govs and reps.
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@OoTheNigerian That argument doesn't fly Osita. Has the $1bn sent to the SWF been squandered?
@Bayobabalola I think saving is a great idea. But I will not save with an entity known to squander and home for "good governance structures"
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@OoTheNigerian when oil prices drop and our currency and economy is battered again. This is so depressingly repetitive. -
@Bayobabalola go ahead and speak independently. You lose me when you line up behind NOI to blame the governors. Do not take sides.
End of conversation
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@OoTheNigerian At the end of the day, it is you and I that will continue to suffer the effects of the boom and bust cycles of Oil -
@Bayobabalola You'll get your message across if you explain the issues and your position without RTing those that squandered us dry.
End of conversation
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@OoTheNigerian Low prices are an opportunity to put something in place now whoever wins. But we'll use arguments like yours to miss it again -
@Bayobabalola You know there's a constitutional issue here. Why didn't the FGN just focus on saving from its own share of revenues? - 1 more reply
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@OoTheNigerian Then we'll burn through the next boom by spending on handouts, security votes and inflated contracts and wonder what happenedThanks. Twitter will use this to make your timeline better. UndoUndo
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@OoTheNigerian It happened in d 70s with the oil price boom. We increased salaries instead of saving. When prices dropped we blamed SAP.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@OoTheNigerian OBJ tried to stop it in d next boom with the ECA but it was not done properly by putting in place a constitutional SWFThanks. Twitter will use this to make your timeline better. UndoUndo
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@OoTheNigerian Now GEJ tried to do it the right way with the SWF but opposition resistance and of course he also doesn't inspire confidenceThanks. Twitter will use this to make your timeline better. UndoUndo
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