Obasanjo to invest in Ethiopia

Andualem Sisay, AfricaNews reporter in Addia Ababa, Ethiopia
Former Nigerian President Olusegun Obasanjo, is to invest in Hotel and tourism sector of Ethiopia and has since secured a 2,000 square meter of land near Bishoftu (Debre Zeit) town of Oromia Region called Ada.

The former Nigerian President has taken the land two months a go and he is now about to implement his investment on the land located 50 Kilometers east of the capital -Addis Ababa, www.newbusinessethiopia.com reported.


Bankole, the corrupt and spineless Speaker of the House of Representatives meets the Godfather of corruption, Chief Olusegun "Gigolo" Obasanjo. Bankole would be richer than OBJ by the time he orders the next Peugeot cars for the house!





Obansanjo’s intention to invest in Bishoftu has come following the footsteps of Djibouti’s president, Ismael Omar Guelleh, who took 10,000 square meters of land last year to build holiday home in Bishoftu and also bought 3,000 square meters of land for agriculture in Bale, Oromia Region of the country.

After Bishoftu town’s administration approved anew master plan last year, many investors are now investing in the town, which is known for its eight unique lakes.

Ethiopia and Nigeria’s relation has been growing especially after 2006. The first Ethiopia-Nigeria Joint Ministerial Commission Meeting was held from April 26 - 29, 2006 in Addis Ababa, where areas of cooperation for the mutual benefits of the two countries were identified.

Following that from 8 to 10 October, 2006 President Olusegun Obasanjo paid a three day state visit to Ethiopia, which enabled him to visit a flower farm in Bishoftu area.

Prime Minister Meles on his part visited Nigeria from 28 - 29 October, 1996 where agreements were signed relating to economic, scientific and technical cooperations.

Both sides expressed their willingness "to develop and expand trade relations and to create favorable conditions for substantial and harmonious diversification of trade between the two countries on the basis of equality and mutual benefits."

http://www.africanews.com/site/Obasanjo_to_invest_in_Ethiopia/list_messages/28908

Let the looting contnue. Aluta continua for our national treasury.

My greatest problem with politicians. I am not against them looting again especially since they can't do without it but after looting let them invest here and provide jobs for jobless graduates chikenah.

Aloy.Emeka:

Let the looting contnue. Aluta continua for our national treasury.

If he like he should go and invest it in canada, i'm less concerned. 1 fin i know for sure is dat one day nemesis will catch up wiv dem

SHALOM

yes and he bought a road in Ghana too.

rethink:

yes and he bought a road in Ghana too.

Collecting toll fee?

Why can't these guys invest their stolen wealth in Nigeria at least and help employ the jobless youths who they robbed off their future?. It will not make it right but it's better than stealing and exporting the loot while providing jobs for numerous British, Ethiopian and Swiss nationals with our money. [b]Olusegun Gigolo Obasanjo [/b]will never know peace.

infobut:

My greatest problem with politicians. I am not against them looting again especially since they can't do without it but after looting let them invest here and provide jobs for jobless graduates chikenah.

If you are not bugged by the looting then you ought to be proud of Obasanjo then. Obasanjo already claims to contribute about 6000 jobs to the Nigerian economy, how much more do you expect him to contribute of the LOOT to the system?