US President Donald Trump has threatened to destroy Iran if it ‘threatens the US again’. Does he mean he will fire a nuclear bomb at Iran? I don’t think he can do that, because of the political fallout such an action will bring on. Israel, Saudi, Turkey Won’t Support It Countries in the region, including…… Continue reading How Feasible Is Trump’s Threat To Destroy Iran?
Tag: oil
Nigeria’s Independent Petroleum Marketers Just Shot Themselves On The Foot
Pride they say, comes before a fall, or should I say hubris comes before a fall. Our independent petrol marketers thought they could push Buhari around and keep increasing the price of fuel ad infinitum. But now most of their petrol stations are empty, with workers standing idly by, waiting for cars that never come…… Continue reading Nigeria’s Independent Petroleum Marketers Just Shot Themselves On The Foot
How Nigeria can balance its budget and diversify from oil without borrowing heavily
Oil has made Saudi Arabia a global economic power, but the government has just announced an ambitious plan to move away from oil. As part of the plan, ARAMCO, the NNPC of the Saudi government will stop being a state-owned company, and instead, become a publicly traded company whose shares (5% at IPO) can be bought…… Continue reading How Nigeria can balance its budget and diversify from oil without borrowing heavily