Ever wondered why guys dont take time to read and understand? It even gets worse when one gets emotional and abusive!
Sad!!

also one would think that after 32 years Nigeria would build more refineries perhaps? Last one in 1980?

Defaulting is not the only way out. The best is to make sure when you are negotiating you get a rate that is favorable and ensure that the money is circulating in the local economy. Leadership played a very key role in Argentina.

Is this woman lying? Watch this

Defaulting is one of the many things that happens when the 'leadership' you are talking about took decisive measures.

Continuing negotiations that landed you in the hot soup will yield nothing much not matter how sincere they are.

Ask the Greek today. Their current status is being likened to the Argentinians in 2001 who, among other things, intentionally defaulted and they have surely paid for it. The numbers are impressive.

@a4architect

You are forgiven for comparing Nigerian reputable newspapers I listed as that of red pepper of UG.

Can former President Bill Clinton of US, and Tony Blairs wife be associated with such Nigerian paper ?

You are free to read anything and say anything from your armchair in Nairobi.

http://photonews.sunmism...-annual-thisday-awards/

http://www.thisdaylive.com/thisday-awards-2012/

@young.. what i meant is that to get serious indeptth info, this cant be gotten out of a newspaper e.g Nation, Standard e.t.c since the info is for general public consumption hence not written by technocrats.

Compare this

http://www.globalresearc...ontext=va&aid=28900

with this

http://www.thisdaylive.com/

Both of them have good info but one of them is more in-depth and thought-challenging than the other.

@young..true..i will never know about Nigeria more than you. Regarding the depth of research in articles, this is debateable-most newspaper articles, inclusive of newsweek, time ,economist are not comparable to an article written by someone who has reserched and studied the topic and whose career/passion lies in the topic as opposed to an article written by someone who is just doing their job without passion.

See the CV of the author here..very impressive

http://en.wikipedia.org/wiki/F._William_Engdahl

The problems of Nigeria are symptoms of the general state of affairs all over Africa. A greedy incompetent short sighted political and business elite who use their offices to exploit every opportunity they can lay their hands on to steal, an ethnically and religiously divided citizenry unable to see beyond their divisions and control their tribal and religious emotions, or decide that a better future is more important than which division is in power, foreign governments and businesses taking advantage of the previous two factors and meddling in Africa to obtain, maintain and increase markets for goods and cheap sources of natural resources, a large portion of those Africans who see and understand what is happening giving up and running away to Europe, America, Australia, UAE etc, or living quietly burying their heads in the sand and hoping for some miracle to make it all go away.