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Qatar To Invest $5 Billion In Nigeria's Economy - Politics (2) - Nairaland

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Re: Qatar To Invest $5 Billion In Nigeria's Economy by rafcrown(m): 4:44am On Apr 15, 2021
The only way they can help Nigerians directly is to allow at least 1 million struggling to survive Nigerians to become citizens in Qatar. The population would then be 3.8 million.

1 Like

Re: Qatar To Invest $5 Billion In Nigeria's Economy by Duplexxx: 4:45am On Apr 15, 2021
Sit down look na dog name
Re: Qatar To Invest $5 Billion In Nigeria's Economy by eeetuk(m): 4:48am On Apr 15, 2021
"The FG has disclosed that the Middle-East nation of Qatar is set to invest in the Nigerian economy the sum of $5 billion."

Poor reporting job.
The report failed to disclose what area of investment the government of Qatar intends to put its money in. No disclosure of investment product or property.

This reporter needs to go school to learn how to write a report because this is garbage . A complete waste of time to read it

3 Likes

Re: Qatar To Invest $5 Billion In Nigeria's Economy by Nobody: 4:50am On Apr 15, 2021
Rossphinki:
Good development.

I wonder why Qatar didn't invest that 5 billion dollars in Ghana, instead of Nigeria, since according to mumu Nairalanders, Ghana is 100 billion times better than Nigeria.

Awon werey.


Here are some reasons. Loose regulation in Nigeria. Horrible labour laws are similar to Qatar s for non-indigenes.
Re: Qatar To Invest $5 Billion In Nigeria's Economy by Rossphinki: 4:51am On Apr 15, 2021
ParkleElegant:



I no even bother to read am, cause I know that even before the money land Nigeria,it has already being shared

Damn. Another one who thinks foreign investment gives govt officials money to loot.

Who will educate these illiterates pls?
Re: Qatar To Invest $5 Billion In Nigeria's Economy by Theoutsider: 4:51am On Apr 15, 2021
Rossphinki:


Go and get an education. Illiteracy is your problem.

[b]Foreign investment does not provide funds to be ''looted'' by politicians.


Investment is about building companies and businesses within the private sector by the investor, not giving money to the government or to politicians.

Tufia.

You spend years going to school yet you still reason like a donkey.[/b]


Ok so where are the billions of dollars put into Haiti from the world bank, unicef, and dozens of other organization. Its hilarious watching a clueless person school another.

5 Likes 2 Shares

Re: Qatar To Invest $5 Billion In Nigeria's Economy by Seniorwriter(m): 4:53am On Apr 15, 2021
Rossphinki:


You are an ILLITERATE.

What ''foreign aids'' are you referring to?

(I think he meant 'foreign aid'. Maybe he has AIDS.)

What ''investment ventures'' are you referring to? Care to be specific?

Of course you cannot be specific. Because there is nothing in your air head but blind loathing, ignorance and blame.

Go and educate yourself as to what foreign investment entails. You are an embarrassment.

Still you lack the ability to comprehend hence those questions you are asking !
FDI can be in procurement of assets, resources or infrastructures!
Hence looting can be initiated by then.
Deep Quote
Ability to read & comprehend is a superpower

@Seniorwriter

3 Likes

Re: Qatar To Invest $5 Billion In Nigeria's Economy by Nobody: 5:00am On Apr 15, 2021
Qatar?
Which investment of $5billion?
Who made Geoffrey Onyema investment champion?

Another useless post meant to deceive the gullible.. Investing $5billion in the midst of insecurity and corruption at it's very highest point in Nigeria, thanks to Baba Go Slow.

That money will end up in private pockets of Northern Politicians..
Re: Qatar To Invest $5 Billion In Nigeria's Economy by Rossphinki: 5:02am On Apr 15, 2021
Theoutsider:



Ok so where are the billions of dollars put into Haiti from the world bank, unicef, and dozens of other organization. Its hilarious watching a clueless person school another.


Which billions of dollars were given to Haiti?

Are you aware that Haiti has had to pay 85% of its annual revenues to France as compensation to France for its 'loss of territory' since the mid 19th century?

Are you aware that the US has orchestrated not less than three military coups in Haiti, removing progressive leaders to install dicators like Papa Doc Duvalier?

What has Haiti got to do with THIS topic, which deals with business investment and not foreign aid?

Can your tiny brain not distinguish between aid and investment?

The education standards in Nigeria have dropped terribly I must say.

I knew the difference between aid and investment right from Form 2 in secondary school.

Disgusting and pathetic.

4 Likes 1 Share

Re: Qatar To Invest $5 Billion In Nigeria's Economy by morgstreme: 5:04am On Apr 15, 2021
mountmoriah:
Good for Nigeria developmenthe, but the money may or may not be beneficiary to Nigerians because few elites may already be planning on how to share the money

It's Good for Nigeria but the money may or may not be "beneficiary" to Nigerians......what nonsense are you spewingYou go School so?
Re: Qatar To Invest $5 Billion In Nigeria's Economy by morgstreme: 5:07am On Apr 15, 2021
Puloc:
Lol...Good idea but this might not be the case since the current FG can say or claim anything to make it look credible or to calm Nigerian nerves grin

We have seen from concrete VIVID evidence that the current FG is nothing like the past FGs...for atleast the last 30 years..FACTS ARE SACRED!!!

Buhari doesn't do like OBJ/YARADUA/GEJ..

Buhari wu EKWUEME!

Talk and do President!
Re: Qatar To Invest $5 Billion In Nigeria's Economy by Rossphinki: 5:07am On Apr 15, 2021
obalize:
Qatar?
Which investment of $5billion?
Who made Geoffrey Onyema investment champion?

Another useless post meant to deceive the gullible.. Investing $5billion in the midst of insecurity and corruption at it's very highest point in Nigeria, thanks to Baba Go Slow.

That money will end up in private pockets of Northern Politicians..

FDI (meaning foreign direct investment) does NOT go into government coffers!!!!!!!

Tufiakwa.

Ok, Dangote is a foreign investor in Tanzania.

He is investing 100 million dollars in building a cement plant in Tanzania.

That company will be called Dangote Cement Tanzania, Ltd.

Tell me. How will the Tanzanian govt chop that 100 millIon dollars even if they wanted to?

I mean, you people are incredibly ignorant.

You don't even know what foreign investment means.

DAMN.

Moderators, this is embarrassing.

Why did you put this thread on front page?

You should have just left it in the Politics section where we have slightly more intelligent and informed people.

This is too embarrassing and disgraceful.

5 Likes 2 Shares

Re: Qatar To Invest $5 Billion In Nigeria's Economy by morgstreme: 5:08am On Apr 15, 2021
Rossphinki:


Which one is to ''invest in Boko haram and islam'' again?

Some of you on this forum are just ....weird.

Most of them are BACKWARD/unexposed...

1 Like

Re: Qatar To Invest $5 Billion In Nigeria's Economy by Zetty177x: 5:09am On Apr 15, 2021
Why?what's the catch?

1 Like

Re: Qatar To Invest $5 Billion In Nigeria's Economy by morgstreme: 5:10am On Apr 15, 2021
Seniorwriter:
Investment Funds to be looted by this Clueless bunch of present administration! SMH
We need a paradigm shift in our leadership sphere....a young visionary leader to take us there!

Proactivity Leads To Productivity!
@Seniorwriter

You are just pained that monies shared in the past by your gods of lootocracy are now being invested in infrastructure,in the People..

Make that pain kill you there..

Empty kid!
Re: Qatar To Invest $5 Billion In Nigeria's Economy by Ahmerdibnz: 5:11am On Apr 15, 2021
Dem go thief $4.99 billion and use 0.01 for the nation
Re: Qatar To Invest $5 Billion In Nigeria's Economy by Rossphinki: 5:13am On Apr 15, 2021
Ahmerdibnz:
Dem go thief $4.99 billion and use 0.01 for the nation

Chei... Another school dropout talking rubbish..

1 Like

Re: Qatar To Invest $5 Billion In Nigeria's Economy by shugabasbn: 5:13am On Apr 15, 2021
I prayed Nigeria ways will not frustrate them
Re: Qatar To Invest $5 Billion In Nigeria's Economy by Theoutsider: 5:15am On Apr 15, 2021
Rossphinki:


Which billions of dollars were given to Haiti?

[b]Are you aware that Haiti has had to pay 85% of its annual revenues to France as compensation to France for its 'loss of territory' since the mid 19th century?


Are you aware that the US has orchestrated not less than three military coups in Haiti, removing progressive leaders to install dicators like Papa Doc Duvalier?

What has Haiti got to do with THIS topic, which deals with business investment and not foreign aid?

Can your tiny brain not distinguish between aid and investment?

The education standards in Nigeria have dropped terribly I must say.

I knew the difference between aid and investment right from Form 2 in secondary school.

Disgusting and pathetic.[/b]




You really do have a single digit IQ

That debt has been paid off since 1947 clown

5 Likes 1 Share

Re: Qatar To Invest $5 Billion In Nigeria's Economy by Rossphinki: 5:20am On Apr 15, 2021
Seniorwriter:


Still you lack the ability to comprehend hence those questions you are asking !
FDI can be in procurement of assets, resources or infrastructures!
Hence looting can be initiated by then.
Deep Quote
Ability to read & comprehend is a superpower

@Seniorwriter

You are ignorant.

No country invests in another country's infrastructure.

It doesn't work like that.

FDI means an investor will come in and build one or more factories and/or service companies that are OWNED by the investor.

What the recipient country benefits is the employment generated by the company's operations, and the corporate tax the company pays.

The recipient country does not at any point control or own the investment funds of the investor.

So there is ZERO opportunity for the investor's money to be embezzled by government officials.

It is like you entering Ghana with 5 million naira to build a factory or something there.

How will the Ghana govt collect your money and chop it?

Don't you people have common sense?

This is stuff you explain to toddlers, not grown adults.

Tufiakwa.

4 Likes 1 Share

Re: Qatar To Invest $5 Billion In Nigeria's Economy by Theoutsider: 5:23am On Apr 15, 2021
Rossphinki:


You are ignorant.

No country invests in another country's infrastructure.





So china is not building railway and roads... Hahahaha god damn. are you a kid?
Re: Qatar To Invest $5 Billion In Nigeria's Economy by Rossphinki: 5:25am On Apr 15, 2021
Theoutsider:


You really do have a single digit IQ

That debt has been paid off since 1947 clown

I know that, you dunce. But that is an awful amount of money which would long ago have established Haiti as a fully developed nation.

They had to pay that amount for 122 years, what amounts to trillions of dollars in todays's money.

''The Haiti indemnity controversy involves an 1825 agreement between Haiti and France that included France demanding a 150 million franc indemnity to be paid by Haiti in claims over property – including Haitian slaves – that was lost through the Haitian Revolution in return for diplomatic recognition.[1] The payment was later reduced 90 million francs in 1838, comparable to US$21 billion as of 2004)

It took until 1947 – about 122 years – for Haiti to finally pay off all the associated interest to the National City Bank of New York (now Citibank).

https://en.wikipedia.org/wiki/Haiti_indemnity_controversy

France and the west should PAY BACK THAT MONEY TO HAITI.

Haiti is owed a minimum 3 trillion dollars in today's money.

1 Like

Re: Qatar To Invest $5 Billion In Nigeria's Economy by OnlyDeCapPlease(m): 5:26am On Apr 15, 2021
mountmoriah:
Good for Nigeria developmenthe, but the money may or may not be beneficiary to Nigerians because few elites may already be planning on how to share the money

Qatar does not dash govts money. They make strategic investments mostly in private sector. They have significant stakes in Volkswagen, Porsche, Sainsburys, Barclays, Total etc.

Qatar is a Muslim country and very well run. It shows you that religion is not the problem. Its the culture of the people and how they apply it that is the problem. That is why Saudi is different from Dubai which is different from Qatar which are different from dangerous places like Afghanistan, Sudan and Northern Nigeria. Don't blame the religion. Blame the people.
Re: Qatar To Invest $5 Billion In Nigeria's Economy by Rossphinki: 5:29am On Apr 15, 2021
Theoutsider:


So china is not building railway and roads... Hahahaha god damn. are you a kid?

Those are CONTRACTS, signed with the Nigerian government.

They build, we pay with our own money.

They can part fund the projects, but we pay the debt.

That is not Chinese ''investment''.

Investment does not require the nation being invested in to repay anything. It is not contracts.

The investor is merely taking a chance, and sets up HIS business in your country, with the hope of making a profit, because he sees that you have a buoyant market that can support his business idea/venture.

If his business fails, he packs and leaves. You don't owe him anything.

Dangote building a cement plant in Tanzania for 100 million dollars does not mean Tanzania owes Dangote 100 million dollars.

If the company fails, he packs and leaves.

My goodness.

1 Like

Re: Qatar To Invest $5 Billion In Nigeria's Economy by Theoutsider: 5:35am On Apr 15, 2021
Rossphinki:


I know that, you dunce. But that is an awful amount of money which would long ago established Haiti as a developed nation.

They had to pay that amount for 122 years, what amounts to hundreds of nillions of dollars intodays's money.

''The Haiti indemnity controversy involves an 1825 agreement between Haiti and France that included France demanding a 150 million franc indemnity to be paid by Haiti in claims over property – including Haitian slaves – that was lost through the Haitian Revolution in return for diplomatic recognition.[1] The payment was later reduced 90 million francs in 1838, comparable to US$21 billion as of 2004)

It took until 1947 – about 122 years – for Haiti to finally pay off all the associated interest to the National City Bank of New York (now Citibank).

https://en.wikipedia.org/wiki/Haiti_indemnity_controversy

France and the west should PAY BACK THAT MONEY TO HAITI.

Haiti is owed a minimum 3 trillion dollars in today's money.


I dont know who you are and why you need to lie thru your teeth.
But money that is injected into Nigeria is exploit by the government. Period. If you want to live in another world where this money goes right into the community live your foolish dreams.... its almost laughable and gullible that you think over the last decades the government doesnt steal this money thru the back door.

I almost would be fine with government stealing money if they can at least give a normal quality of life to a hard working person.. but they cannot achieve this. Haiti got 13 billion dollars in aid and nothing to show
Re: Qatar To Invest $5 Billion In Nigeria's Economy by Theoutsider: 5:39am On Apr 15, 2021
Rossphinki:




They build, we pay with our own money.

They can part fund the projects, but we pay the debt.

That is not Chinese ''investment''.


I can counter your propaganda all DAY!

Re: Qatar To Invest $5 Billion In Nigeria's Economy by Rossphinki: 5:44am On Apr 15, 2021
Theoutsider:



I dont know who you are and why you need to lie thru your teeth.
But money that is injected into Nigeria is exploit by the government. Period. If you want to live in another world where this money goes right into the community live your foolish dreams.... its almost laughable and gullible that you think over the last decades the government doesnt steal this money thru the back door.
I almost would be fine with government stealing money if they can at least give a normal quality of life to a hard working person.. but they cannot achieve this. Haiti got 13 billion dollars in aid and nothing to show

Kai...Illiterate.

Tell us which ''back door'' the govt will use to steal an investor's money in Nigeria. How? Are you stupid?

Ok, so you think you are wiser than the Qatari govt?

They have nothing to do with their 5 billion dollars but to share with Nigerian officials, correct?

And leave blasted HAITI out of this, damnit. Aid is different from investment, and Nigeria is not Haiti.

It's like I'm arguing with a ret.ard.

And Haiti does NOT need anyone's ''aid'' of 13 billion dollars, a gross insult and pittance to that country.

What Haiti needs is the 3 TRILLION dollars she is owed by France and her fellow western thieves that robbed her for two centuries, only to now give her pennies in ''aid''.

That's what Haiti needs, ok?

HER MONEY BACK.

1 Like

Re: Qatar To Invest $5 Billion In Nigeria's Economy by Jolomenas: 5:52am On Apr 15, 2021
limeta:
As long they not investing in boko haram or Islam but again what their interest

See how dumb you are

1 Like

Re: Qatar To Invest $5 Billion In Nigeria's Economy by jamiudinho(m): 5:55am On Apr 15, 2021
limeta:
As long they not investing in boko haram or Islam but again what their interest
maybe they want to bring ur coming soon demi god jesus
Re: Qatar To Invest $5 Billion In Nigeria's Economy by Jolomenas: 5:57am On Apr 15, 2021
Rossphinki:


Go and get an education. Illiteracy is your problem.

Foreign investment does not provide funds to be ''looted'' by politicians.

Investment is about building companies and businesses within the private sector by the investor, not giving money to the government or to politicians.

Tufia.

You spend years going to school yet you still reason like a donkey.

Calm down, you’re too harsh on him/her.

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