HURRICANE HARVEY LIKELY TO BOUY NIGERIA'S OIL

HURRICANE HARVEY LIKELY TO BOUY NIGERIA'S OIL
BY ABDULMUMINI ADEKU,MATTEW HAGG,J SCOTT APPLEWHITE[ASSOCIATED PRESS,WASHINTON WITH ADDITIONAL REPORTS]..

 

ALL FORMER BUT LIVING AMERICAN PRESIDENTS COME TOGETEHR TO FIGHT HURRICANE HARVEY

The recent floods in the City of Houston ,Texas in the United states of America  which is said to be a landmark in the history of that nation is likely to be a blessing  in disguise to Nigeria after all.

In a chat with the News office Desk of Paedia Express Multimedia Group in Lagos, Nigeria , a source has said that though India had taken up the gauntlet as Nigeria's largest oil buyer  when the Americans left the scene  recent developments may likely change that equation.

He explained that it was cheering news that Nigeria was now said to be technically out of recession while also noting that it was still early days to celebrate this policy statement by the Federal Government  to Nigerians as it was not going to translate to overnight prosperity  like most unlettered will want to think.

According to him ,a lot of hard work  will have to be put in for Nigeria's  economy to record the kind of growth  the likes of Tanzania ,Rwanda,The Ivory Coast,Kenya among others were recording in terms of their respective gross domestic products.

He noted that since all major global oil and gas concerns have their corporate presence in the state of Texas ,United states ,a lot of them were now re-opening their offices to stem the tide of negative influence on economic indicators of major petroleum based economies around the world.

This reporter has heard it being stated recently that Hurricane Harvey will also lead to an increase in the sales of vehicles in the United States as vehicle owners try to cushion up the severe done to their cars by the floods  through their insurance firms.

In a related issue, The five living former United States presidents joined forces on Thursday to start a hurricane recovery effort to raise money for victims of Hurricane Harvey in Texas.

The campaign, One America Appeal, began with a public service announcement featuring the presidents during the first N.F.L. game of the season on Thursday night. “People are hurting down here,” former President George W. Bush, who lives in Dallas, said in the video, “but as one Texan put it, ‘We’ve got more love in Texas than water.’”

The appeal was a rare showing of unity in American politics, and President Trump, who has disregarded traditional presidential decorum and has criticized some of his predecessors, endorsed their effort. “We will confront ANY challenge, no matter how strong the winds or high the water,” Mr. Trump said on Twitter on Thursday night. “I’m proud to stand with Presidents for #OneAmericaAppeal.”