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Nairaland Forum / Nairaland / General / Politics / Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm (8802 Views)
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Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by johnmattew: 11:03am On Sep 12, 2018 |
oladayo63:learn to read...it's an investment,not loan |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by Buterflyle0: 11:07am On Sep 12, 2018 |
Esseite: This is not a loan. This is a partnership. Profits would be shared. Regarding the light situation, funding commitment has been gotten for the mambila power plant which when finished, would add over 3000megawatts to our national grid and per ajaokuta steel mill, the private sector is already on that |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by johnmattew: 11:07am On Sep 12, 2018 |
12345baba:learn to ralead b4 commenting |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by RexTramadol1: 11:12am On Sep 12, 2018 |
Hehehehe! |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by Buterflyle0: 11:14am On Sep 12, 2018 |
win2kwire: Dunces everywhere. This is not a loan. 3 Likes 1 Share |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by Nobody: 11:18am On Sep 12, 2018 |
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Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by Arthurity1(m): 11:20am On Sep 12, 2018 |
This money is going to miss inside somebody's pocket! |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by slivertongue: 11:28am On Sep 12, 2018 |
$2Billion?? good development if true. because govt is gud in throwin up figures to get accolades |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by Nobody: 11:30am On Sep 12, 2018 |
Blue3k: All these loans and investments from China is making me nervous. |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by Buterflyle0: 11:32am On Sep 12, 2018 |
Bidobado1: This is not a loan. This is an investment or otherwise known as a partnership. Profits are what is shared and even that is for an agreed number of years and then it becomes the full property of the state. |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by Nobody: 11:34am On Sep 12, 2018 |
Esseite: You can't fix the light situation otherwise the elites that gain from generator sales will start loosing moneyZ. |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by Buterflyle0: 11:36am On Sep 12, 2018 |
win2kwire: Define an investment and a loan especially since this is an investment. When you do, then you know who the Ape is. |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by omohayek: 11:40am On Sep 12, 2018 |
This is just another meaningless MOU that won't ever lead to anything concrete. All of the issues that make Nigeria such an unattractive place for FDI still remain in place, and until they are fixed, no amount of gallivanting about by Nigerian politicians will ever lead to substantial private investment coming into the country, just more worthless "understandings" that make for good headlines just before elections. 2 Likes |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by Buterflyle0: 11:52am On Sep 12, 2018 |
win2kwire: The Ape and monkey further reveals himself when he still cannot differentiate between AN INVESTMENT and A LOAN. |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by Buterflyle0: 12:00pm On Sep 12, 2018 |
win2kwire: Since you don't know the difference between investment and loan I will upgrade you to a leprechaun |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by Buterflyle0: 12:04pm On Sep 12, 2018 |
win2kwire: Leprechaun this will help you. A memorandum of understanding (MOU) is a nonbinding agreement between two or more parties outlining the terms and details of an understanding, including each parties' requirements and responsibilities https://www.investopedia.com/terms/m/mou.asp |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by Buterflyle0: 12:07pm On Sep 12, 2018 |
win2kwire: Hahaha cop out. Invest-o-pedia is the authority when it comes to business definitions. Leprechaun for life is who you are |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by PassingShot(m): 12:34pm On Sep 12, 2018 |
tayo4ng:Go get quality education first before turning wailing into your passion. Equilateral ko, equator ni. |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by islandmoon: 12:36pm On Sep 12, 2018 |
if you believe this , I have a bridge I'm donating to Igbos if they vote for buhari second Niger bridge
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Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by pennyforthought: 12:53pm On Sep 12, 2018 |
Honestly? Nigeria needs an expansion of its textiles sector. We have a huge youthful population that enjoys the latest fashions in addition to demand for ropes, carpets etc. Nigeria also has the right kind of soil for growing cotton and increased investment in cotton farming can help revitalize our shrunken agriculture industry and make farming an attractive profession again thus helping the unemployed youth. We currently import most of our textiles where we once had thriving textile mills. Textiles are also the cheapest and easiest to set up Industry. If we are able to successfully grow cotton at home and set up competitive and efficient textile mills we can not only clothe our own population and stimulate the gdp while lowing imports but we can also export to the American continent which currently imports textiles from the further away Asia. |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by Nobody: 3:58pm On Sep 12, 2018 |
Blue3k: we don't need loans from China. The daura fossil said he has saved 47 billion dollars in the foreign reserves. Let him use it n invest in cotton/power sector. |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by Optional09: 4:23pm On Sep 12, 2018 |
I have always wanted this stuff, sad that’s this currupt guy that’s doing it. It is wont get anywhere |
Re: Nigeria Gets $2bn Cotton Industry Investment From Chinese Firm by blimeyVic(m): 5:04pm On Sep 12, 2018 |
Though it's the Federal government that handles international trade, but I think we should also give some credit to the Governor of Abia State, His Excellency Dr Okezie Victor Ikpeazu of the PDP for spearheading the achievement of the feat. We must join hands to build Nigeria. #God Bless Nigeria. |
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