plaindealer:
In 2017 before covid...

OderaOdesigo:



Please read it for me and then break it down, since you appear to have comprehension challenges.

PericomaNwankwo:


Did I ??

agabaI23:


I did not do that. Check my attachment

Did read the article? Did you see anything about the recession? etc

By a billion who had been investing before possibly your mother was born?

Where is the money? It was liquidated through an unknown broker into a private wallet.

Give your company for Tinubu to run not Nigeria

Soso990240:
So u cant tell us what Tinubu did with the Billions he Borrowed? You people always say that Tinubu generated much revenue for Lagos state, i agree.. but where is the money? what did he use #530 billion loan he borrowed for? what did he used the $143 million dollars he borrowed for? we de complain of Buhari borrowing, go and read about ur master Tinubu. So u were deef when Okonjo iwela told the then Government of this coming recession and asked state Government to invest and save? You are here blaming an economists that understood the implication of what the finance minister said and obeyed, yet you praise the Governors that embezzled funds and even borrowed Billions too.. chaii..ur IQ level is below 20% walahi. So you cant mention what Tinubu was doing before he became Governor? Why is Tinubu still collecting individual task from every shop in every market in Lagos state? After explaining all these, if u still expect me to tell you that Tinubu is the most corrupt Politician in Nigeria, then you will wait for Long. I have my fellow sincere yorubas that know who Tinubu truly is. Ask Obanikoro or Jimi Agbaje who Tinubu is

shigishege:
ok bro no vex. Abeg choose your devil make I chose my own. For me I go choose a Yoruba devil.

agabaI23:

Apologies Chairman. I have heard you. I was trying to remove my focus from the price of rice and the rice in Tinubu's warehouse.
You are supporting my point of view actually. Obi the investor is my choice.

Soso990240:
ok bro.. but point of direction.. i am not choosing a devil.. i am choosing the best option available for now.. That is Peter Obi..

modsfucker:


Same as Buhari, nothing to pin him with, but guyman failed woefully... So that shouldn't be a yardstick at all.

Seun:
Peter Obi's supporters had claimed that his investment grew in dollar value, so that justifies debunking the claim based on the dollar value. However, there is value in continuing the debate so there's no reason why we shouldn't feature this thread also. It still doesn't look like a great investment to me though.

plaindealer:



....but he's a chronic liar..

CSTRR:

He is a businessman.

An importer long before he entered politics.
He has businesses in the UK and was recently invited by the UK govt for a dinner for business owners in the UK

Its not secret account. You just did not know.

The relevant authorities know about it.

His taxes are up to date. He already submitted his tax returns dating back more than 10 years to the FIRS.

agabaI23:
How are you bruh? Hope you are doing great?

agabaI23:
Peter Obi Invested N1.96 billion and the value now is N2.24 billion (Picture)

Response to “Peter Obi's $12.24 m Investment In Breweries Now Worth $5.38 m
https://www.nairaland.com/7189779/peter-obis-12.24m-investment-breweries#114025775

I read through the article titled “Peter Obi's $12.24m Investment In Breweries Now Worth $5.38m” and I saw a desperate attempt to find something negative on Peter Obi’s past. The writer obviously did not think through the implication of his deceptive title. Because there is no tangible thing to use again Peter, he had to exploit the outcome of fiscal policy and economic failure of Buhari’s administration to craft a title that the BMC crew will feast on. Obviously the BMC crew do not have the mind of their own and cannot think for themselves. Otherwise they would have understood the implication of the intellectual yahoo-yahoo displayed by the author of that article.

To put the record straight, N1.96 billion was invested and N2.24B (CBN) or (N3.28B) black market is the value today. There was no loss whichever way you want to look at it. it is disingenuous to report the values in dollars while you talk about Tinubu’s forced investment in Naira. ( https://technext.ng/2022/06/02/did-bola-tinubu-bring-econet-nigeria-2001/)
In fact, you have to praise Peter for investing a company that did not go bankrupt under Buhari’s administration.

Dangote, the richest man in Africa had a net worth of $7bn as at April, 2016 as against $25bn he was worth in 2014. (https://nairametrics.com/2020/04/16/aliko-dangote-and-his-slide-from-25-billion-to-7-billion/). That was an $18bn or 72% loss incurred under Buhari’s body language induced recession. Tinubu told us he single-handedly made Buhari Nigeria’s president. Even now, with Federal governments push such as selective opening of the land bother to allow him export his products, Dangote is yet recover. His current Net is still $14.2 billion.

Going by Dangote’s experience, we now know that the company lost at least 72% of its equity value. Because we do not know the profit made as at 2014, we shall work with the investment capital which was $12.24 million. Assuming there was no growth, losing 72% means $8.81 million was lost. So as at April, 2016, the value of the investment was $3.43 million. This company has without any government’s incentive grown the $3.43 million by $1.95 million to get $5.38 million. That is 36% growth in 6 years under Buhari’s hash economy. That tells you that Peter is an investor and wealth creator.

The writer of the article actually shot Buhari and Tinubu(Buhari’s Godfather) on the back because he just highlighted the damage Buhari has done to our economy.

plaindealer:


In 2018 before Covid nko? How much did Anambra made off that investment?

Do you not have chart for that?

That really was a laughable excuse.

shigishege:
oga who ask him to dey keep money anyhow without utilising them on tangible things. Na so him mate they do?? Lagos governors for they keep development money without using them for development una for dey run come Lagos in batches today?

agabaI23:
I wrote it. I don't need to read it again.

OderaOdesigo:



Then stop wasting my time.

OmoEpe:
bbbbb

Panda7:

did you say peter played two odd??

Cyoung4real:





Oga he made that statement in 2018 and the value then was close to $98M go and verify and stop being smart by half

agabaI23:
Who said? There were a lot but you didn't want to see it.

His time as the head of state was a disaster. He ran PTF street. Sidelined board members and handed it over to his relatives to run without supervision. He would easily say it was not him. Billions missed under him in PTF, billions missed under him as commissioner for petroleum in 1978. We shouted here but you guys wouldn't listen. We are shouting again.

plaindealer:


If every businessman shipped their money away to hide abroad with zero taxes paid to Nigeria, this country go don vaporize.

You poor man is paying taxes on your small change while Pandora run to go hide his own $15 Million without paying 1 kobo in taxes to pay salary, build road or bridge here in Nigeria

Sometimes I just wonder about people like you.



How old be this one, What kind of talk is this..?



They saw him when he opened his pandora account and even sabi how much dey inside..

Comedian..




How exactly do you pay taxes on money hidden in a foreign jurisdiction?

Dude, abeg confine yourself to primary school argument.

modsfucker:


But he dared anyone with proof of corruption against him to bring it on, and if there were any, PDP would've used it against him when they were in power.

agabaI23:
Yea like Northern controlled EFCC, NSA? The people (Dasuki) that had intelligence on him and hid it from Jonathan. when he won, he turned on him and others.

agabaI23:
Actual We don't bet. Explain it in plain terms

agabaI23:
lol typical

Afamed:

Did he invest $20m as he claimed?
Una no dey tire to package this Obi numerous lies