The Shehu Musa Yar'Adua Foundation invites you to a Public Policy Forum: Food Security in Nigeria's Changing Climate. Event registration link: https://t.co/vWzb4miygc
"No matter how sound your processes or institution are, there is a threshold of investment you must make to ensure prosperity. In Nigeria’s case the $1 trillion earned neither translated to savings, physical infrastructure or human capacity investments". - @obyezeks#OilRevenueNG
#OilRevenue Roundtable on Savings and Stabilization Mechanisms for Nigeria: @obyezeks asks - "Does Oil Really Matter". Data appears to show that it mostly reduces the chances of development for the oil producer.
"It is time for Nigeria to start walking the talk of 'diversification'. We started our saving and stabilization policy around the same time as Norway. Norway has built a savings of $1 trillion, Nigeria has about $1.5bn" - Andrew Onyenakwe #OilRevenueNG
"The trend of accruals to and withdrawals from the Excess Crude Account (ECA) appear to beg the question: Is the ECA a savings fund or a slush fund?" - Bode Longe #OilRevenueNG
All is set here at the Protea Hotel, Lagos Kuramo Waters for our Roundtable Meeting on A Savings and Stabilization Mechanism for Nigeria. #OilRevenueNG.