The Biafran: Economic Woes

Sunday, 17 April 2016

Nigeria's economic woes to WORSEN as OPEC fails to reach deal on oil production freeze

Nigeria's economic woes to deepen as OPEC fails to reach deal on oil production freeze

Nigeria's hope for economic recovery suffered a setback today as an OPEC deal expected to have led to a rebound of crude oil price crumbled. Nigeria currently is expected to run a deficit budget to the tune of N2.2 trillion, which will increase if oil prices continues as they are or go down. General Muhammadu Buhari had hoped that the OPEC deal that would have led to the freezing of crude oil production from partner countries failed to reach an agreement.

Republic of Biafra Anthem

Land of rising sun, we love and cherish,
Beloved homeland of our brave heroes;
We must defend our lives or we shall perish,
We shall protect our hearts from all our foes;
But if the price is death for all we hold dear,
Then let us die without a shred of fear.

Hail to Biafra, consecrated nation,
O fatherland, this be our solemn pledge:
Defending thee shall be a dedication,
Spilling our blood we’ll count a privilege;
The waving standard which emboldens the free
Shall always be our flag of liberty.

We shall emerge triumphant from this ordeal,
And through the crucible unscathed we’ll pass;
When we are poised the wounds of battle to heal,
We shall remember those who died in mass;
Then shall our trumpets peal the glorious song
Of victory we scored o’er might and wrong.

Oh God, protect us from the hidden pitfall,
Guide all our movements lest we go astray;
Give us the strength to heed the humanist call:
To give and not to count the cost’ each day;
Bless those who rule to serve with resoluteness,
To make this clime a land of righteousness.

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Sunday, 17 April 2016

Nigeria's economic woes to WORSEN as OPEC fails to reach deal on oil production freeze