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Nairaland Forum / Nairaland / General / Politics / Nigeria's Power Sector Is Ready For Investment - General Electric (7699 Views)
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Nigeria's Power Sector Is Ready For Investment - General Electric by awodman: 7:37am On Jul 03, 2013 |
The U.S.-based multinational General Electric, which points to a 100-year record of involvement in Africa, is one of the companies participating in the Power Africa initiative, announced during President Obama’s Africa visit, designed to double access to electricity across sub Saharan Africa. GE is expanding operations in several places, perhaps most aggressively in Nigeria. Last year, GE and the Federal Government of Nigeria signed three Memorandum of Understanding agreements (MOUs) outlining cooperation in the energy, healthcare and rail transportation sectors. Ground-breaking for a U.S.$250 million manufacturing facility in the port city of Calabar took place two weeks ago. Lazarus Angbazo, President and CEO of GE Nigeria, discussed the company’s growth strategy in an interview with Reed Kramer in Abuja last month. Excerpts: http://premiumtimesng.com/business/140084-africa-power-sector-is-ready-for-stampede-of-investment-general-electric.html 2 Likes |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by drnoel: 8:04am On Jul 03, 2013 |
Now thats a company with focus.. 3 Likes |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by KINGwax(m): 8:25am On Jul 03, 2013 |
drnoel: Now thats a company with forcuswait until ur brothers start kidnapping them and d bokos start bombing their facilities. 1 Like |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by taharqa2: 9:06am On Jul 03, 2013 |
So much useful info here....and lots of Enthusiasm too |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by Nobody: 9:11am On Jul 03, 2013 |
Back in the days,the US sits in her abode;waiting for developing countries to come and beg her to invest in their dungeons.Then a poor man can't even afford a mobile phone until China came into Africa thereafter, Europe and US markets fell. Meanwhile,don't foget that china has already established here not through slavery,colonization nor imperialism but genuine business interests that have benefitted Africans and Nigerians ! 18 Likes |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by kelvincoll(m): 9:14am On Jul 03, 2013 |
~Bluetooth: WORD! |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by Nobody: 9:27am On Jul 03, 2013 |
nice one its high time we stopped putting everything on the government,individual participation would go a long way. |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by obi123: 9:30am On Jul 03, 2013 |
KINGwax: wait until ur brothers start kidnapping them and d bokos start bombing their facilities.as in eh those people are a nuisance true |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by Princek12(m): 9:33am On Jul 03, 2013 |
~Bluetooth: The US got jealous of China after they saw the money China was making in Africa. |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by viruz007(m): 9:37am On Jul 03, 2013 |
~Bluetooth: D bolded so not true. A lot of things are going down in Chinese run companies in Nigeria. But still tis our countrymen who are at fault. Betrayed us and hence leaving them to treat us like crap. Good initiative by GE. Na to keep my CV ready make i work for them noni |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by dridowu: 9:37am On Jul 03, 2013 |
Okay, we done hear, how i wish d dream can come true |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by omonnakoda: 9:40am On Jul 03, 2013 |
KINGwax: wait until ur brothers start kidnapping them and d bokos start bombing their facilities.Shinidoo is now burn again. Holy ghos Paya has touched him |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by Geniusvic(m): 10:00am On Jul 03, 2013 |
In a few decades Nigeria wil be a 'developed country' 2 Likes |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by rozayx5(m): 10:05am On Jul 03, 2013 |
Princek12: the equation is now against them ( US) |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by laykhorn(m): 10:09am On Jul 03, 2013 |
Enough! Lets see some actions. I hope the billion dollars dont end up in pockets. 0.1% is a million dollar |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by chei: 10:11am On Jul 03, 2013 |
GE is one company I admire alot. The best american company ever! |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by trolling(m): 10:12am On Jul 03, 2013 |
there's a catch to that, u guys should just know they only have their interest at heart,if you know anything about GE's history about how they funded world wars then you guys should be wary,get ready for your govt and the citizenry to be fleeced |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by bory09(m): 10:15am On Jul 03, 2013 |
I hope the spiritual power affecting the power sector will not affect GE also. <i heard someone saying juju no dey catch oyinbo> 1 Like |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by ITbomb(m): 10:16am On Jul 03, 2013 |
This is how I see it. GE will start in Calabar, later when big machines start coming it, it will not be able to pass through to Calabar. They will be force to open an operational base in the 'under-constructed' Ibaka deep seaport at least to berth. Good investment. 1 Like |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by greaterlove(m): 10:26am On Jul 03, 2013 |
trolling: there's a catch to that, u guys should just know they only have their interest at heart,if you know anything about GE's history about how they funded world wars then you guys should be wary,get ready for your govt and the citizenry to be fleeceddon't be a man who refused to get out of bed in the morning because he dreamt there is a lion in the streets. There are opportunities opening up in Nigeria and the wise are positioning themselves to benefit from it. 4 Likes |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by eBillyonaire: 10:28am On Jul 03, 2013 |
Nigeria is open for business, but the local content laws must be strengthened so that Nigerians can be carried along in technology transfer. The dynamics are changing and we are the next frontier. Glory to GEJ 1 Like |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by Afrocatalyst: 10:37am On Jul 03, 2013 |
Calabar. How do you attract these investors to your place sef? |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by frainc(m): 10:46am On Jul 03, 2013 |
[quote author=viruz007] Good initiative by GE. Na to keep my CV ready make i work for them noni [ |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by frainc(m): 11:00am On Jul 03, 2013 |
viruz007: |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by RedCard1(m): 11:10am On Jul 03, 2013 |
KINGwax: wait until ur brothers start kidnapping them and d bokos start bombing their facilities.are u praying for them to be kidnapped? |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by Nobody: 11:14am On Jul 03, 2013 |
eBillyonaire: Nigeria is open for business, but the local content laws must be strengthened so that Nigerians can be carried along in technology transfer. The dynamics are changing and we are the next frontier. Glory to GEJ Na wa o. I didn't know GEJ is now Jesus |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by Princek12(m): 11:17am On Jul 03, 2013 |
Wait. Obama did not visit Nigeria, but US companies want some of our money. Tofiakwa |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by bizfirst: 11:38am On Jul 03, 2013 |
Good move GE. But at the end, will I not be forced to eat my words? |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by Anyi3(m): 11:49am On Jul 03, 2013 |
GE, abeg any career slot for civil engineering graduate? |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by Geniusvic(m): 11:51am On Jul 03, 2013 |
I don't care if GE is here for their own interest as far as their investments in the power,health and transport sectors help stabilize them! |
Re: Nigeria's Power Sector Is Ready For Investment - General Electric by Nobody: 12:22pm On Jul 03, 2013 |
Just gimme light |
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