What use is this FG sponsored news report?

Ye ye stockmarket analysts speaking mumbo-jumbo that most people cannot understand.

Horus:
https://www.youtube.com/watch?v=ASL-VF3VQvA

Nigeria's Growing Interest of Foreign Investors - Part 1

You said the poster was telling lies, and then posted a link...

one would think right away that your link would be a re-bottle or a write-up that disproves each of the points the OP made on this thread.... (cause he/she was quite specific with /by naming each investment coming into the country)....

however your post/thread was ... disappointing to the expectation generated from your calling the OP's post lies...

Could you let us know what the lies were? MTN is not investing more in the country? or MI-Fone's penetration into the Nigerian market is a bluff? Shop Right and other foreign companies listed by the OP have just been made up?

Hear of GE coming to A'Ibom?

Orikinla: The poster is telling lies.
See https://www.nairaland.com/1311246/insecurity-north-niger-delta-scaring

Yet they keep beefing GEJ

EatN’Go shop unveils expansion plans for Nigerian market
September 2, 2013
By: Daniel Obi



EatN’Go, the operators of Domino’s Pizza and ColdStone Creamery, which entered the Nigerian market a year ago, has unveiled its expansion plans and growth strategies, announcing that it will open additional 16 more branches in the next 12 months.

The management of the fast food company which has strong confidence in the Nigerian market and is robustly competing with innovations said it is spreading to the cities of Ibadan, Abuja and Enugu.

“We are opening four more branches before the end of this year – two coldstones and two domino stores. For next year we intend to open six cold stores and six dominos. We will also go out of Lagos , set a new trial in Ibadan and by the end of next year we will be opening in Abuja,” Eric Andre, Managing Director for Eat N’ Go Africa told BusinessDay recently.

The expansion plan is coming at a time when Nigeria’s middle class is recording growth and as the international investment community is increasing its focus on the country.

The brand is already operating with nine stores –made up of six ColdStone and three Domino stores- and has created over 400 jobs since its entry into the Nigerian market a year ago. “We entered with the promise of bringing the best in food and beverage to the Nigerian market. A year later, we state that we have delivered on this promise,” Andre said.

He said that ColdStone Creamery delivers the ultimate Ice cream experience and customers are passionate about ice cream. “The secret recipe for smooth and creamy ice cream is handcraft fresh and daily and then customised by combining a variety of mix-ups on a frozen granite stone”

Domino’s Pizza is successfully living up to its promise of delivering the best pizza to its customers. Andre who said that Africa is a place to be said the brand has been receiving only positive testimonies as it also caters for guests at ceremonies.

Celebrating its one year operation, the shop manager said the mission of the fast food restaurant to become the premier food operator in Africa has just begun and “we promise to uphold the values we have come to be known for :putting people first, demanding for integrity, striving for customer loyalty, delivering with hustle and positive energy and winning by improving results.”


http://businessdayonline.com/2013/09/eatngo-shop-unveils-expansion-plans-for-nigerian-market/




Technova Plans $200m Line Pipe Mill in Nigeria
25 Jun 2013



The Nigerian content initiative of the Federal Government has received a big boost as Technova Africa Group (TAG) Limited, will this week perform a groundbreaking ceremony for a 200,000metric tonnes per annum (MTPA)-capacity line pipe mill and coating facility in Nigeria.
The project, which will be the first of its kind in Nigeria and the West Coast of Africa, will be implemented in two phases in Ologbo area of Edo State at a total of $200million.

The company said in a statement at the weekend that it was venturing into Helical Submerged Arc Welded (HSAW) line pipe manufacture and coating in compliance with globally accepted standards.

According to the company, the project seeks to replace imported welded steel pipes with cheaper steel pipes manufactured in the country.
To implement the project, the company has purchased 150 acres of land situated in Ologbo and has also signed a multilevel Original Equipment Manufacturer (OEM) and Service Agreement with PSL Limited, the largest HSAW Pipe manufacturer in India for the purpose of institutionalising a fully integrated Line pipe Mill and Coating Plant in Nigeria.

Technova also intends to build a 10megawatt-capacity independent gas -powered generating plant as well as a private jetty to power the facility and facilitate the supply and delivery of raw materials as well as evacuate finished products in its phase II.
TAG Limited, a 100per cent indigenous company, is a credible and strong partner to the oil and gas industry seeks to drive the Nigerian Government’s mandate on developing its own content for national growth.

The company is an indigenous energy and infrastructure company with experience in construction, engineering, project management and service delivery.

The company has under its group six subsidiary companies namely; Technova Construction Nigeria Limited, Technova Energy Nigeria Limited, Technova Line Pipe Mill Limited, Technova Coating Facility Limited, Technova Pipeline Systems Limited and Technova Energy East Africa (Uganda) Limited.
Since the Nigerian Content Act was enacted in 2010, many indigenous professionals have built capacity and proved their mettle in the execution of technically-tasking projects, resulting in the domestication of a large chunk of industry jobs in-country.

The predominant message captured in the Nigerian content Act is development of local capacity and some Nigerian indigenous firms have demonstrated their determination to pursue this goal in their quest for partnerships and by building capacity.


http://www.thisdaylive.com/articles/technova-plans-200m-line-pipe-mill-in-nigeria/151442/

souldust: we see things like this happen in Naija yet some people are busy predicting doom for the country. SMH. Message to y'all who think we would implode; we are waxing stronger by the day and when 2015 has come and gone and we are still together, i wonder which year you will be forcasting. :O

lol

Theben: The link between the growth of the economy and increased poverty is corruption. If corruption can be totally checked, Nigerians would live a better life.

The minister of Agriculture is even doing a great job in the northern part of Nigeria. Soon, agriculture and oil would be on par in term of contribution to the economy.

Oya, person, explain your moronic point that "The link between the growth of the economy and increased poverty is corruption".

Let me slaughter you.

Sagamite:

Oya, person, explain your moronic point that "The link between the growth of the economy and increased poverty is corruption".

Let me slaughter you.

It takes a smart mind to decipher my point.

Theben:
It takes a smart mind to decipher my point.

person, you can't defend your dumb post?

P*uussy wants to run.

Damn... how did this degenerate into this.....?

@Rossikk, thanks for the info. Its timely and obviously well researched. Pls keep it coming. Ignore the chumps that obviously have no idea how economics work....

Who brought out this thread? Who? The person needs to be shot.

Trying to remind people of much better times. I had feelings of excitement initially but when I saw MTN to invest $1.8bn into the Nigerian economy, I was compelled to check the date of this thread. It was in 2013.

Reminds me of a joke- You know you're suffering from a downturn when your neighbor loses his job and you know you're in a recession when you now lose your own job.

Things are really awful now.