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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince (1105 Views)
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Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by kadmat: 2:03am On Apr 02, 2016 |
As part of that strategy, the prince said Saudi will sell shares in Aramco’s parent company and transform the oil giant into an industrial conglomerate. Read more...http://kadmatconsult..com.ng/2016/04/saudi-arabia-plans-2-trillion-megafund.html |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by tit(f): 2:26am On Apr 02, 2016 |
the same saudi arabia that is looking for 10billion dollar loan? who go buy aramco shares? who no get sense? |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by Standing5(m): 2:40am On Apr 02, 2016 |
Everyone's talking of post-oil era while some want Buhari to hawk oil in international market to cater for all the "expenditures" introduced when it sold for $108pb. This is Saudi with good investments of oil proceeds oh, wonder what Nigeria would looked like had Buhari not taken over from the IB. 1 Like |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by adconline(m): 2:53am On Apr 02, 2016 |
tit:Saudi's foreign reserve is about $600bn- 20times bigger than Naija. Saudi Aramco asset value is about $10 trillion-20 times larger than Naija GDP... 1 Like |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by jmichlins(m): 3:36am On Apr 02, 2016 |
adconline:please remind me again which country is the most valuable company in this world |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by compoundC: 4:12am On Apr 02, 2016 |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by adconline(m): 4:22am On Apr 02, 2016 |
jmichlins:Your question doesn't make sense bro!! |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by jmichlins(m): 5:05am On Apr 02, 2016 |
adconline:am just asking if you know the most valuable company on earth. Once heard it is apple and later alphabet. Good morning |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by blackpanda: 5:14am On Apr 02, 2016 |
Standing5: You are so right. Jonathan the dunce wrecked us! Nothing to show for the many years of oil boom |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by juman(m): 5:49am On Apr 02, 2016 |
. |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by juman(m): 5:50am On Apr 02, 2016 |
The yoruba man that was brought in 1999 as president turned out to be a mistake. The unprecedented money the country got during the oil boom (1999 - 2015) was misused and wasted away. The money was enough to stabilize the country. If the money was targeted on truly generate power, by now nigeria would have been a mini paradise. Without stable power nothing can work well. |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by adconline(m): 5:52am On Apr 02, 2016 |
jmichlins:Your asked which country is the most valuable company... As per Apple and Alphabet being the 2 valuable companies in the world- they are both publicly traded companies, Saudi Aramco is not a public company but has assets worth trillions of $€£ Saudi Aramco produces 12.5million barrels per day while ExxonMobile, the former most valuable company in the world, produces 5.3m bpd http://www.forbes.com/pictures/mef45ggld/1-saudi-aramco-12-5-million-barrels-per-day/ 1 Like |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by kossyablaze(m): 7:18am On Apr 02, 2016 |
Choi see money |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by jmichlins(m): 7:50am On Apr 02, 2016 |
adconline:thank you. People like you make this place a school where one can learn something new always |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by vioment: 3:41pm On Apr 02, 2016 |
juman: bro, your last paragraph make sense wella. |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by juman(m): 4:04pm On Apr 02, 2016 |
vioment: If we can get stable electricity, major part of this country problems are solved. But getting stable electricity in one nigeria nonsense is a mirage. |
Re: Saudi Arabia Plans $2 Trillion Megafund For Post-oil Era: Deputy Crown Prince by adconline(m): 4:29pm On Apr 02, 2016 |
jmichlins:Thank u, but most importanly, NNPC is to Naija what Aramco is to Saudi |
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