Cash out Mode activated in kogi.

All these hunt against investors ehn… Meanwhile I think he who comes to equity should come with clean hands. BUA said there are no roads and security is deteriorating. What has the government done in these areas? Audio works… I think we just have governments online and not physically present

Moh247:




If Yeye Bello had started this first year in office he would had turned to an hero now with Kogi having highest IGR


.

how far sweetheart
God bless Ishola and Musili

9jahotblog:
then why did they got C of O from Kogi State government then when they know that they are not interested in buying the land. Kogi government should sanction them with fines seriously.

No be only sanction them with fines, you guys just type what you don't know, how are they supposed to work there when the government refused to build good roads in the area and also tackle insecurity there or you want their staffs to be kidnapped? Nonsense talk

I am happy with BUA's reply, Kogi State and it's Assembly have no sympathy for investors who stake everything to make their domain investment friendly. Rather than give appropriate tax concessions so that the investor can put his own infrastructure they are behaving like hooligans. Investment in your sector have low barrier of entry, instead of you to be looking at the derivatives such investment would bring to your locality you are busy threatening investors.. Do you know how much Lagos has made as derivative from the investment in lekki free trade zone. See who want to be President.
Oga Rabiu Nagode

bamideleafolabi:


https://politicsnigeria.com/bua-not-interested-in-kogi-land/

Kogi lost again

Mitsurugi:



Can't you comprehend? Like seriously. Even after the comprehensive write up

why did they have to hold that land for 10 years when they know that they won’t need it again.

Bring your investments to Lagos

So BUA didn't do feasibility study on the land before procuring the C of O?

Hope naysayers can now see one reason Lagos is ahead of other states is not just because of the ports but that investors are encouraged to set up facilities and then just ensure they pay their tax. When it comes to tax, forget it, Lagos go follow up with you on tax issues, but the state itself will never disrupt your business. You go pay fees like LASAA, Lawma, development etc but that your business, nobody go come stop you one morning from opening for business.

Now a small state like Kogi is sending all the wrong signals at the highest level (state government and house of assembly) that investors are not welcomed in the state.

VERDA:


No be only sanction them with fines, you guys just type what you don't know, how are they supposed to work there when the government refused to build good roads in the area and also tackle insecurity there or you want their staffs to be kidnapped? Nonsense talk

if the Kogi State government doesn’t revisit their files in the state house of assembly, the 50,0000 acres of land will still be in BUA custody.

Calling their bluff. Good.

9jahotblog:
if the Kogi State government doesn’t revisit their files in the state house of assembly, the 50,0000 acres of land will still be in BUA custody.

Well...probably, until the place is safe to invest in. The fact that they wasted no time trying to fight or convince the kogi government otherwise, says a lot.

That settles the matter. Kogi state government should revoke the Certificate of Occupancy.

Some other investors will show interest in future.

Bus Sir
Go ahead and revoke the certificate of occupancy that was issued them by the state!
Wake!
Oya
Yahaya bello your power is required here
Revoke it sharp !sharp!

Wallade:
That settles the matter. Kogi state government should revoke the Certificate of Occupancy.

Some other investors will show interest in future.

Abi
E no hard

Chop your land.

Govt of allocation that cannot invest.

Many of these folks who believe everything is about violence and gra gra will now understand the damage being done by this governor.

The governor who gave Dangotte and BUA the investment opportunity was probably a better forward-thinking governor. All that was needed was successive governors to follow up and find out how best they can encourage them. The kind of investments these 2 guys do are not portfolio investment that you just wake up and carry your shop away. Once you build these kind of factories, you have to be sure that no one will disturb you for at least another 20 years.

VERDA:


Well...probably, until the place is safe to invest in. The fact that they wasted no time trying to fight or convince the kogi government otherwise, says a lot.

FalseProphet1:
I see investors running away from kogi state, I see unemployment increasing, I see the angry residents voting out APC.

This I have seen.

I live in Kogi state believe many are blind here. I have never see where people suffer like Kogi state and i am sure Apc will win Kogi state.

Alright

kerry57:
I just like this abdulsamad guy. He does his biz without much hoax. A silent achiever. His plant in Sokoto is a goal.

I will only advice the BUA cement to expand more where expandable and invest more on transportation and logistics, to get their product spread across the country. The quality of their product is relatively better than Dangote's just that it isn't really available in most states in the south.

Silent achiever...

BUA CEO, Abdulsamad Rabiu makes N87bn in hours to overtake Mike Adenuga as Nigeria’s second-richest man
https://www.intelregion.com/news/bua-ceo-abdulsamad-rabiu-makes-n87bn-in-hours-to-overtake-mike-adenuga-as-nigerias-second-richest-man/


*� SHARE*


� SOURCE: Intel Region — Join this group to receive more news updates ↙️https://www.intelregion.com/ir-news-room-whatsapp-group

9jatriot:
Many of these folks who believe everything is about violence and gra gra will now understand the damage being done by this governor.

The governor who gave Dangotte and BUA the investment opportunity was probably a better forward-thinking governor. All that was needed was successive governors to follow up and find out how best they can encourage them. The kind of investments these 2 guys do are not portfolio investment that you just wake up and carry your shop away. Once you build these kind of factories, you have to be sure that no one will disturb you for at least another 20 years.

Exactly...governments have one major job and that is to provide the enabling environment for businesses to thrive, that is the only way economies grow. Kogi government thinks it's flexing it's muscles, it does not understand the damage it is doing to its state.

Lol..this bua group get mouth ooo..

9jahotblog:
then why did they got C of O from Kogi State government then when they know that they are not interested in buying the land. Kogi government should sanction them with fines seriously.

The govt gave them the land in other to attract investment from BUA Group. The govt failed in providing other infrastructure like roads to the sight thus the company did not develop it since 2012.

Govt give lands to companies and organization free with hope that they invest which brings jobs and revenue.


Areas like fee trade zone are an example.

In western countries they even give u citizenship for you investment.

Shouldn't they have conducted thorough research before acquiring the land.

Bad market! Best to attract investors with a view to cementing Kogi relationship with them than to repel them. The House of Assembly cannot turn the lime deposit into cement.

9jahotblog:
then why did they got C of O from Kogi State government then when they know that they are not interested in buying the land. Kogi government should sanction them with fines seriously.

You lack ability to read and understand

meritadavize1:
Weldone governor Bello, Kogi state doesn't belong to North...

ago

Nice!!! States think they can be milking companies without performing their role. A serious investor acquires land that will bring development. You can’t even do your part Ann’s create access roads!! You want to make money but you don’t want to create enabling environment!!!



After what they did to Dangote? BUA called their bluff and told them to Forkoff!!!

It is well. I hope Bello means well.

Kogi politicians are prefer to fill their pockets at the expense of their citizens. Imagine creating zero jobs but stopping private investors from creating jobs. No be wickedness be that?