Flash: Update on #OccupyNigeria

PENGASSAN has officially joined the ongoing strike in Nigeria, a few minutes ago. The Government led by Goodluck Jonathan has been pushed to the wall and we will see how he will react to this news. The question of who will blink first will be answered in a matter of days, not weeks from today.

My position has changed because of the current dynamics.

The chances that fuel price will revert to N65 has jumped from 13% to 20%. There is a 75% probability that the price will fall within N80 - N120 range, which has been reviewed from 64.5% and the probability that fuel price will stay at N141 has just diminished from 22.5% to a mere 5%.

We watch as events unfold.