This is contained in a statement made by the chief executive, General Electric, Mr. Jay Ireland on Monday. He said, “There are development projects where we are investing, GE would also invest in oil and gas industry projects.

Ireland said the Nigeria investment was part of a plan to spend $2 billion in Africa in coming years.

But the $150 million Nigerian investment falls short of the sum Nigeria’s government has said GE would invest.

President Muhammadu Buhari, on Saturday in a speech marking Nigeria’s independence day, said GE was “investing $2.2 billion in a concession to revamp, provide rolling stock, and manage” some of the country’s railway lines.

Buhari in the independence anniversary broadcast said, “On railways, we have provided our counterpart funding to China for the building of our standard gauge Lagos -Kano railway.

“Meanwhile, General Electric is investing two point two billion USD in a concession to revamp, provide rolling stock, and manage the existing lines, including the Port Harcourt-Maiduguri Line.

Growth in Nigeria – an OPEC member whose economy, the largest in Africa, is in recession for the first time in more than 20 years due to low oil prices – has been stunted for decades by a lack of investment in its road and rail network.”



http://www.vanguardngr.com/2016/10/investing-150m-not-2-2b-buhari-said-independence-broadcast-ge/

ok

Abeg he knows what he signed for,don't change the figure jare

This government no go kill person with padded lies

Read more here

. http://www.portharcourttimes.com/2016/10/04/were-investing-only-150m-not-2-2b-as-buhari-said-in-independence-broadcast-ge/

President wey go just collect speech and read word to word even though they write*i am clueless and hereby resign my position*

Who smuggled the $2.2bn in the speech?

The Op,must be Bigot on purpose or by choice.
Go back and read that speech