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\'\'It is therefore doubtful if President Mohammadu Buhari will be able to deliver his campaign promises to Nigerians if the price of crude oil which accounts for some 90% of Nigeria’s total export revenue and 75% of total consolidated revenue continue to hover around $50 per barrel between now and 2019.\'\' Chika Onuegbu in his 2015 paper titled “HISTORICAL OVERVIEW OF THE IMPACT OF GLOBAL OIL POLITICS ON CRUDE OIL PRICES, INVESTMENTS AND EMPLOYMENT RELATIONS IN THE NIGERIAN OIL AND GAS INDUSTRY”
A harmless warrant is a warrant issued by the bond issuer that requires the holder to surrender the bond in order to buy another bond with the same terms from the issuer. It is a way for a bond issuer to make sure it doesn’t sell too much debt. A harmless warrant is a type of warrant, which is a security that gives the holder the right, but not the obligation, to trade a specific amount of an asset at a specified time.
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