Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,153,233 members, 7,818,782 topics. Date: Monday, 06 May 2024 at 03:04 AM

Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable - Politics (9) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable (52816 Views)

BREAKING: Peter Obi's Investment Of Anambra's $12.24 M In Breweries Now $5.38m! / Rebuttal:peter Obi's $12.24m Investment In Breweries Now Worth $5.38m / Ganduje Moves To Remove Sanusi As Emir Of Kano - Thecable (2) (3) (4)

(1) (2) (3) ... (6) (7) (8) (9) (10) (11) (12) ... (15) (Reply) (Go Down)

Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by chypotenti(m): 9:19pm On Jun 21, 2022
Sentiments apart....Are you guys not really tired of the old cargoes? We need agile men wey their brain still sharp ooo!!! Make we try them see first, if e nor work we pursue am after 4 years bring in another person... We must cleanse this country, we all can do it together, na our hand e dey....GO GET YOUR PVC ASAP!!!!!
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by plaindealer: 9:20pm On Jun 21, 2022
On a serious note, I have no issues with any kind of investment by any government as long as the investment is properly managed and skillfully diversified to prevent loses or continuous losses.

Seems Pandora only cared about his own tax-dodging $15 Million Pandora account money instead of the people's money he sank into an unprofitable business.


Pandora is obviously a very poor money manager besides his own Pandora money, he's also incompetent and negligent
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by MatrixCircle: 9:20pm On Jun 21, 2022
If Nigeria as a Country is an investment since 1999, how much do you think the investment Nigeria will be worth in this 2022 APC government

1 Like

Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by Nobody: 9:22pm On Jun 21, 2022
Hisbah21:
Nigerians are just looking for someone because of the hardship this current administration brought us. but Peter Obi has nothing to show,shout,abuse,tag and say anything u like. Peter Obi is not better than the others still a failure as the rest.. continue shouting OBIEDIENT,remember election is not done on social media. The party that doesnot even have a campaign office... mark my word Obi will never be the president in 2023.. wailers 1-2-3

Most Nigerians hate to hear the Truth..

1 Like

Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by Codes151(m): 9:26pm On Jun 21, 2022
SATANICALLY:


https://www.thecable.ng/revealed-peter-obi-administrations-12-24m-investment-in-international-breweries-now-worth-5-38m/
wetin you Dey talk? Even person way invest in Dangote share Dey complain. Economy don drop oga

1 Like

Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by drololaaof: 9:27pm On Jun 21, 2022
tolue42:
Lol bad investment..... Lack of foresight I must say...cash out is allow after few years, just exactly what Tinubu did in Lagos , Invested 4bn Lagos money , made 15Bn profit through Econet share.
You said bad investment, is the brewery not operating now to cause downward value of investment? Bad economists your calculations has k leg , the investment should be rising accordingly. You people are out to destroy Peter Obi . This is the handiwork of mischief makers .

2 Likes

Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by tolue42(m): 9:32pm On Jun 21, 2022
PaChukwudi44:

Oga chukwudi44 has been on nairaland before you even started using a smartphone.If you are a newbie here ask the veterans to educate you

Lol..kiddo I got ya
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by bewla(m): 9:35pm On Jun 21, 2022
Hisbah21:
Nigerians are just looking for someone because of the hardship this current administration brought us. but Peter Obi has nothing to show,shout,abuse,tag and say anything u like. Peter Obi is not better than the others still a failure as the rest.. continue shouting OBIEDIENT,remember election is not done on social media. The party that doesnot even have a campaign office... mark my word Obi will never be the president in 2023.. wailers 1-2-3
Two things I will like you to tell me in simple English



One - in this Topic ( did the share did well or not)

Two - should Obi win will he be the Senate, and the speaker of the how at same time
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by plaindealer: 9:39pm On Jun 21, 2022
Anambra wake up

Collect your money


grin grin

Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by phadriz(m): 9:39pm On Jun 21, 2022
This report is meaningless, this shows that the administration after OBI lack foresight, shares prices goes up and down, they should have been trading the stock but they left it lying fallow. Am sure the state must have received dividend from same stock in the past years.

1 Like

Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by biggie73(m): 9:40pm On Jun 21, 2022
Eriokanmi:
Or did you mean only the gullible ones would listen to him? Cos I see nothing coherent in his comment. It's directly opposite of the goings-on in our political spheres today.
...I am sure you understand what I wrote that you inclusive won't listen.
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by Bravospiff: 9:42pm On Jun 21, 2022
Keep propagating rubbish, he is far more better than your Lord, this shenanigans up there will come to hunt you.

1 Like

Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by Roniyke1234: 9:43pm On Jun 21, 2022
iCauseTrouble:
But Atiku and Tinubu are not thieves

They are Lords of thieves (Great grand patrons of thieves)...

They should add 8years to their ages before supporting Tinubu or Atiku.
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by jaxxy(m): 9:44pm On Jun 21, 2022
plaindealer:
..but Obi Pandora laughed all the way to secrete foreign Pandora account with almost triple that amount, $15 millions.


The man is not only a thief, he's a poor and incompetent money manager.


Poor people of Anambra got swindled in broad daylight...


Sad..


How much has tinubu drained from lagos treasury? from 1999 till date pls.

1 Like

Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by VaginaMiners: 9:44pm On Jun 21, 2022
NakedTruth4eva:

Which loot? You need a brain check. Lick Tinubu's ass quietly. Tribal bigot.
Obi's prepubertal daughter has millions of dollars in her name but an empty deluded clown like this one who's probably not had a decent meal this week is convulsing on behalf of the effeminate looting machine called Peter Obi
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by blazeup(m): 9:46pm On Jun 21, 2022
Ofodirinwa:
Obi: invested in hopes of bettering state financial standing. Took significant loss

Tinubu: Receives Lagos Tax revenue, uses it for personal politics

Atiku: Primary sponsor of Miyetti Allah
Just to fact check again:.
The investment made a profit in Naira. But sufferred the same fate as all other businesses in Nigeria, inflicted by unfavorable Goverment policies and programs.
In summary, He gained in Naira but Depreciation of Naira robbed the investment of tangible value.
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by sokera: 9:59pm On Jun 21, 2022
JavaScript90:
Nigeria cluless leadership should be blamed for this. Na obi fault say over 2bn naira is now worth less than $5m ?

Someone invested 1.9bn and the money is worth 2.2bn today but the exchange rate just messed it up
he is just a stupid person, if he had use that money on agricultural sector would have been better than investing in beer company ? Very stupid decision , he didn’t invest in tech companies or agricultural
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by stanluiz(m): 10:00pm On Jun 21, 2022
plaindealer:
Anambra wake up

Collect your money


grin grin
Don't be stupid! Naira depreciation against dollar caused it.

When he invested in the company. 1$ was 150 naira but now 1$ is now 630 naira. Can't you see the poor exchange rate cause it.
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by ogatboy(m): 10:01pm On Jun 21, 2022
So many things from this investment news,

1. He believed I'm Nigeria and invested the money in Nigeria. He could have easily invested it abroad but the idea was to better the economy of Nigeria.

2. The APC guys managing the economy crumbled it because the share price of the company has gone down due to poor economic realities. Who to blame?? Those managing the present economy

3. Even Dagote share price, gtb share price and all other big companies share price have been on the decline.

In summary, Tinubu and atifku are thiefs. Obi made a good investment decision but Buhari and Osibanjo are clueless and has crumbled the economy of Nigeria

1 Like

Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by ogatboy(m): 10:02pm On Jun 21, 2022
sokera:
he is just a stupid person, if he had use that money on agricultural sector would have been better than investing in beer company ? Very stupid decision , he didn’t invest in tech companies or agricultural

Reality is your government of today is clueless. Every company on the NSE is on downward slope. I suppose short Nigeria stock exchange
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by paduzman: 10:04pm On Jun 21, 2022
Not his fault if you ask me, it's the economy that has made the investment go sideways.
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by stanluiz(m): 10:06pm On Jun 21, 2022
VaginaMiners:

Obi's prepubertal daughter has millions of dollars in her name but an empty deluded clown like this one who's probably not had a decent meal this week is convulsing on behalf of the effeminate looting machine called Peter Obi
APC BMc how much did you have ? How much money has Tinubu give you from his bullion van parked in his compound ?

Shebi Tinubu wife complain that Yoruba youth are lazy, that they use to come to his husband house to beg for money. Don't worry , when he becomes president, Na DSS and Army she go pursue una from his compound if you come to beg for money.

Wretched souls. Beggars.

1 Like

Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by Charlesdonald(m): 10:07pm On Jun 21, 2022
redcliff:


Seun and his mods are in on it. Seun is a tribal bigot.
too bad
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by NessFortunate: 10:12pm On Jun 21, 2022
Ofodirinwa:
Obi: invested in hopes of bettering state financial standing. Took significant loss

Tinubu: Receives Lagos Tax revenue, uses it for personal politics

Atiku: Primary sponsor of Miyetti Allah

hope you have proofs when they serve you court papers? If some one alleged that you are part of those sponsoring IPOB how would you feel?
be guided, bro, false accusation is a serious thing, don't joke with it okay. Campaign for your candidate with utmost civility, you can't be runing fast to nowhere and call it progress, no known NIGERIAN POLITICIAN IS A SAINT NO ONE. didn't you hear/read Peter Obi response to Father Mbaka outburst? That is wisdom, take a clue.
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by Interesting2023: 10:15pm On Jun 21, 2022
tolue42:
Lol bad investment..... Lack of foresight I must say...cash out is allow after few years, just exactly what Tinubu did in Lagos , Invested 4bn Lagos money , made 15Bn profit through Econet share.

You are not smart at all. Even Dagote dey bear am with the bad economic policies of the evil gov't. Do u know how many investment that have left Nigeria just in a period of 7 years, not to talk of SME's that have died at an early stage just bcoz of how hard it is for investment to survive in this horrible economy. U made mention of Econet, goan do your fact finding about the foreign firm wella coz itz not different from the way MTN and the likes are extorting us and u will be quick to celebrate nonsense.
Most of u have neva left the shores of your mother's town to goan see how people enjoy wot they spend money on in those countries we are trying to emulate.

It's advisable u guys use your 36 before uttering nonsense bcoz people wey dey do business dey vex gan and if u dey beside me, i for don slap u to do reset for u
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by einsteine(m): 10:15pm On Jun 21, 2022
michlins:
The shares value has doubled but it's not Peter Obi's fault that the value of naira has depreciated to a level that when converted to dollar, the investment sum is lower

How is 1.9 billion to 2.2 billion doubling? Its not even up to 20% growth in Naira terms.
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by iyke2frankeze: 10:18pm On Jun 21, 2022
A very silly analysis. You calculated the value in dollar when dollar was 155 to Naira and recalculated same using 604 Naira per dollar. Is their any investment that remained the same in Nigeria by then when dollar was 155 Nsira and now when dollar is 604 Naira? Even Dangote's network decreased, same with Nigerian stock. He is neither Buhari nor CBN governor who messed up the value of the Naira.
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by grandstar(m): 10:19pm On Jun 21, 2022
JavaScript90:
Nigeria cluless leadership should be blamed for this. Na obi fault say over 2bn naira is now worth less than $5m ?

Someone invested 1.9bn and the money is worth 2.2bn today but the exchange rate just messed it up

Your point here hit the nail on the head.

The past 7 years has been horrible for the economy ever since Buhari started setting the exchange rate of the Naira in 2015.

That is why economic growth has been squalid. Before Buhari, economic growth averages 6% from 1999-2013. Under Buhari, it is barely 2%.

1 Like

Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by leofab(f): 10:22pm On Jun 21, 2022
tolue42:
Lol bad investment..... Lack of foresight I must say...cash out is allow after few years, just exactly what Tinubu did in Lagos , Invested 4bn Lagos money , made 15Bn profit through Econet share.
mumu convert both money back to naira with their relative exchange rate and see…
Re: Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m - TheCable by olamike02: 10:23pm On Jun 21, 2022
Ofodirinwa:
Obi: invested in hopes of bettering state financial standing. Took significant loss

Tinubu: Receives Lagos Tax revenue, uses it for personal politics

Atiku: Primary sponsor of Miyetti Allah
But all you spare parts dealers have turned Tinubu Lagos into slums.

(1) (2) (3) ... (6) (7) (8) (9) (10) (11) (12) ... (15) (Reply)

Why Islamic Scholars Are Silent On Boko Haram, By Governor Kashim Shettima / Femi Fani-Kayode Reacts To The Outcome Of The National Assembly Election / Soldiers Invade Nnamdi Kanu’s Community, Afaraukwu Ibeku, Umuahia

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 41
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.