Don't be lazy

Read the links you posted.

Obviously you did not

THERE IS NO PROJECT,NOT ONE



The fact that people are prepared to cite proposals as "ONGOING PROJECTS" tells me they are fraudsters

Look at Chiquita,Dole and DelMonte and you see serious people NOT Fraudsters

eGuerrilla:

I actually did carry out some background research of my own before my initial post, as a proposed investment 208 Billion Naira did befuddle the mind a bit. It turns SGNTT is part of a Canadian consortium that goes scouting for high capital projects in Africa - http://gigc.ca/projects.shtml


Here is some additional information on the group:


http://gigc.ca/background_gcompany.shtml

By the way, did you also look some SGNTT's on-going projects?
http://www.safscca.com/what-we-do/bio-ethanol-production-plants-in-kenya/
http://www.safscca.com/what-we-do/integrated-rice-project/
http://www.safscca.com/what-we-do/455-2/
http://www.safscca.com/what-we-do/integrated-poultry-project/

Go back and read those links

Every thing is "we will,we will" Future Tense

Nothing is "we are" ,in short NOTHING IS GOING ON

They do not own a single Ewedu Tree!!

eGuerrilla:

But nothing you have posted here actually proves it is a brief case company. I know the acceptable standards of probity, on Nairaland, sometimes leave a lot to be desired, but you've got to do a lot better than this.

Actully I don't need to prove anything . You show us evidence that they are PRODUCING ANYTHING ANYWHERE. Read there website and they do not mention any PRODUCTION anywhere. contrast with Chiquita,Dole or DelMonte

0monnakoda:
Actully I don't need to prove anything . You show us evidence that they are PRODUCING ANYTHING ANYWHERE. Read there website and they do not mention any PRODUCTION anywhere. contrast with Chiquita,Dole or DelMonte

[s]He who asserts must prove - this has to be the basic standard around it. Prove it is a brief case company, something I have done many times over on these boards.[/s]

Having taken it upon myself to dig further, I must make it known, on good conscience, that I am now a whole lot less certain about this company. I have tried to uncover projects actually delivered, in any of the areas of expertise declared by the parent group, SGNTT Canada Group of Industries, with no success.

Looking at the payment conditions copied in below, the mind is at sea on just how SGNTT (a Canadian company) plans to recoup its investment through an oil block.

2 out of the 4 Projects proposed for Nigeria

Establishment of an Out-Door Ponds Aqua-Culture Facility (PACF)

Total Cost: 367, 000, 000 US dollars
• Payment of 6 million dollars by Bank guaranty by first class bank (Europe/ North America)
• 2nd payment Stand by--- Letter of Credit/ or Bank Guarantee or Sovereign guarantee from Federal government or Oil Allocation Assignment (must be 25% of the total cost)
• Continue to take delivery of oil quota on a monthly basis
Source: http://www.safscca.com/wp-content/uploads/2013/07/Fish-Nigeria.pdf



Large Scale Mechanized Agriculture for Oyo State

Human Resource Requirements

More than 20,000 people will receive employment such as:
• Project managers
• Managers
• SMS
• Administrative staff
• Technicians
• Non-technicians
• TQM specialists
• Researchers
• Field staff and other

Project Management
Our project will have four phases:
1. Conceptual phase 2 months
2. Development phase 3 months
3. Design and construction phase 2.5 years
4. Implementation After 3 years


Total cost: $1,275,000,000 US
 Payment by Stand-By Letter of Credit (SBL/C) or Bank Guarantee (BG) or Sovereign Guarantee from the Federal Government (SG) or Oil Allocation Assignment (OAA)
 Total amount of the SBL/C or BG or SG or OAA must be $450,000,000
Source:http://www.safscca.com/wp-content/uploads/2013/07/Agriculture-Nigeria1.pdf

eGuerrilla:

[s]He who asserts must prove - this has to be the basic standard around it. Prove it is a brief case company, something I have done many times over on these boards.[/s]

Having taken it upon myself to dig further, I must make it known, on good conscience, that I am now a whole lot less certain about this company. I have tried to uncover projects actually delivered, in any of the areas of expertise declared by the parent group, SGNTT Canada Group of Industries, with no success.

Looking at the payment conditions copied in below, the mind is at sea on whether SGNTT (a Canadian company) expects to recoup its investment through an oil block.

2 out of the 4 Projects proposed for Nigeria

Establishment of an Out-Door Ponds Aqua-Culture Facility (PACF)

Total Cost: 367, 000, 000 US dollars
• Payment of 6 million dollars by Bank guaranty by first class bank (Europe/ North America)
• 2nd payment Stand by--- Letter of Credit/ or Bank Guarantee or Sovereign guarantee from Federal government or Oil Allocation Assignment (must be 25% of the total cost)
• Continue to take delivery of oil quota on a monthly basis


Large Scale Mechanized Agriculture for Oyo State

Human Resource Requirements

More than 20,000 people will receive employment such as:
• Project managers
• Managers
• SMS
• Administrative staff
• Technicians
• Non-technicians
• TQM specialists
• Researchers
• Field staff and other

Project Management
Our project will have four phases:
1. Conceptual phase 2 months
2. Development phase 3 months
3. Design and construction phase 2.5 years
4. Implementation After 3 years


Total cost: $1,275,000,000 US
 Payment by Stand-By Letter of Credit (SBL/C) or Bank Guarantee (BG) or Sovereign Guarantee from the Federal Government (SG) or Oil Allocation Assignment (OAA)
 Total amount of the SBL/C or BG or SG or OAA must be $450,000,000

The issue is not whether or not it is a brief case company. That is not the pivotal or fundamental assertion but rather that the company is going to invest $1.3 billion in agriculture.

How much did they invest in their last project

My claim is based on their own website there is no evidence that they have ever planted a single seed or owned a single animal. Crucially they do not claim to. Every so called "ongoing project" on their website is a PROPOSAL.