Archives January 2021

Oil in the Niger Delta: A Blessing or a Curse?

The idea that natural resources might be more an economic curse than a blessing began to emerge in the 1980s. Richard Auty in 1993 described how countries rich in natural resources were unable to use that wealth to boost their economies and how, counter-intuitively, these countries had lower economic growth than countries without an abundance of natural resources. A rape of our commonwealth and high profile corruption are some of the brainchild crude oil in Nigeria has bequeathed to us. The desperate drive to get into public offices and elective positions clearly pinpoint the depth of corruption and curse crude oil in Nigeria has brought upon us.

Before the commercialization of crude oil in Nigeria, Agriculture and effective taxation were the main sources of our national survival. Agriculture contributed over 60% to our export and national Gross Domestic Product (GDP). Although the confederating states that constitute Nigeria were at cold war with each other over some political differences, developments in the various regions were remarkable. We had the groundnut pyramid in the North and cocoa pyramid in the West with a bustling coal industry in the East. The various regions initiated different programmes just to ensure that their regions did not lag behind among the comity of states. Well paying jobs were ubiquitous and the standard of living in Nigeria was remarkable. Quality Education was a hallmark of the government particularly in the West. curse breaker Nigerians were respected at home and abroad. Nigeria gave out loans to other African countries and we played a huge role in the Independence and liberation of most African countries. Nigerians did not need visas to travel to the United Kingdom (UK) or other developed countries of the world. They saw Nigerians as equals.

However, that once glorious entity called Nigeria, has become today a relic of itself. Those who shared in the Nigerian Dream have deserted us to pursue their aspirations in other countries of the world. Countries like Malaysia, Singapore, Indonesia, South Korea, China, India, Egypt and several others which shared the same development index with us in the 1960s and ’70s have long outran us becoming some of the biggest economies in the world. Today, Nigerians suffer untold hardship and torture in these countries that once looked up to Nigeria as the Big Brother. Securing a visa to these countries is like a trip to the Promised Land. What is so wrong with Nigeria? Could it be the vast cultural and religious differences? But India and Malaysia have managed to forge ahead in spite of their cultural and religious differences. Maybe it’s the size of our population. How about China? In a matter of 30 years, they have self developed their economy from obscurity to the second largest economy in the world with a possibility of becoming the first in the nearest future.

Online Slots With Highest Payout

Every serious slots player at some point goes on a surfing pilgrimage to find the online slots with highest payout. More often than not they are disappointed or find an inaccurate, incomplete, or outdated list sponsored by a casino that just happens to have all the slots mentioned. Unfortunately we can’t promise you a definitive list of the online slots with highest payout either, but what we can do is tell you how to get the most from the slot games you already enjoy.

Different slots games offer different line options. In a live casino you’ll have to travel to get from a single to a multi-line machine, and the actual slot machines will offer much fewer lines than the video slots. Online all it takes to switch machines is a quick visit to the casino’s main slots page, making it easy for you to sample the many different types of slots games. Which of these game types pays better? It varies on a game by game basis, and with each type you’re sure to find generously high payout percentages as well as pathetically low ones. That said, if you’ve already selected your preferred slot game there are still ways that you can ensure you’re getting the most from it.

If you happen to find online slots with highest payout, don’t waste them by playing the lines incorrectly. For example, traditional slots pgslot that offer only a single pay line reserve their highest payout for players betting max credits. While other combination pays will be multiplied by the number of credits in play, the significantly larger jackpot is only accessible by betting max.

On multi-line machines on the other hand, you’ll rarely be rewarded for betting max. Instead, the best way to increase your odds of winning is to play every line. That said, read the bonus information before you bet-some bonuses require a minimum bet (not always the maximum one though) to activate a combination. If you can’t afford to play all the lines PLUS the minimum per line, then consider changing your betting denomination.

In regards to payout percentages, the online slots with highest payout percentages tend to be those with paytables that are generous from the bottom up. Some games draw players by promising a huge top prize, but often the rest of the paytable suffers. If you’re hoping to spend long sessions at the slots, then look for a paytable that’s consistent all the way through. We have a feeling that even if you DO get lucky and hit the smaller jackpot, you’ll still be happy to have it. And if you DON’T hit the jackpot you can at least rest assured that you’re likely to hit something else, whereas the lower paying machines mentioned above will eat your money faster.

If all else fails and you want to put a real number on a game you’re considering, try e-mailing the casino’s support department. While they may not always advertise their payout percentages, they’re required to track them for every machine.