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Nairaland Forum / Nairaland / General / Politics / Anambra, Afreximbank Sign $200m Development Agreement (5986 Views)
Anambra State Govt and Afreximbank Sign Development Agreement In Egypt (photos) / Morocco, Nigeria Sign Biotechnology Development Agreement / FG Orders Mining Companies To Obtain Community Development Agreement (2) (3) (4)
Anambra, Afreximbank Sign $200m Development Agreement by Bestmanfornow: 10:18am On Nov 12, 2023 |
The Anambra State government and Afreximbank have signed a $200m development agreement aimed at “charting a course for the future” of the state.https://punchng.com/anambra-afreximbank-sign-200m-development-agreement/?amp 13 Likes
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Re: Anambra, Afreximbank Sign $200m Development Agreement by successmatters(m): 10:20am On Nov 12, 2023 |
We are marching up. We are not a state that has one godfather who embezzle their money and plunge the state into debt. 32 Likes 2 Shares |
Re: Anambra, Afreximbank Sign $200m Development Agreement by XerXers: 10:29am On Nov 12, 2023 |
2024 FDI will be huge 11 Likes 3 Shares |
Re: Anambra, Afreximbank Sign $200m Development Agreement by Nobody: 10:31am On Nov 12, 2023 |
Nice development for the state 1 Like |
Re: Anambra, Afreximbank Sign $200m Development Agreement by dataking: 10:32am On Nov 12, 2023 |
successmatters: By borrowing. You no dey shame? 7 Likes |
Re: Anambra, Afreximbank Sign $200m Development Agreement by kcdendelo: 10:33am On Nov 12, 2023 |
Anambra Amaka 7 Likes 1 Share |
Re: Anambra, Afreximbank Sign $200m Development Agreement by AbuTwins: 10:34am On Nov 12, 2023 |
Anambra is going to copy Lagos finish! Anyways, Soludo is trying! Not that audio yes daddy of Anambala! 6 Likes |
Re: Anambra, Afreximbank Sign $200m Development Agreement by kcdendelo: 10:34am On Nov 12, 2023 |
dataking:Is not bad to borrow but what you do with the borrowed money.. Many great nations borrowed to build their Economy 15 Likes 1 Share |
Re: Anambra, Afreximbank Sign $200m Development Agreement by Herbiodun09: 10:38am On Nov 12, 2023 |
successmatters: So what peter obi saved has been squandered? Fkcing illusionists 1 Like |
Re: Anambra, Afreximbank Sign $200m Development Agreement by successmatters(m): 10:39am On Nov 12, 2023 |
dataking: Lagos debt is up to 100 times the size of Anambra own, and still no development in ajegunle. 24 Likes 4 Shares |
Re: Anambra, Afreximbank Sign $200m Development Agreement by dalongjnr: 10:40am On Nov 12, 2023 |
We moved! 2 Likes |
Re: Anambra, Afreximbank Sign $200m Development Agreement by successmatters(m): 10:40am On Nov 12, 2023 |
Herbiodun09: We are still raking billions from Peter Obi investments, you can cry all you want. 18 Likes 1 Share |
Re: Anambra, Afreximbank Sign $200m Development Agreement by ogbonti: 10:40am On Nov 12, 2023 |
please Chief of Defense Staff Gen Musa Defend this nation called Nigeria from the massive bloodshed that i see coming take over right now and set a timeline to return Nigeria to democracy in 4 years so you can reorganize the judiciary making sure Judges are very well paid - create a system that makes the supreme court of Nigeria decisions subject to review by British Supreme Court of Justice - because those evil politicians we can’t convict in Nigeria gets convicted by the British courts — Please Ensure Rotational Presidency of 5 years single term - for all 6 geopolitical zones to be codified into law to promote inclusivity - let’s see if a zone will present and promote the worst of their kind to take their slot at the presidency. Yes - furthermore abolish the Senate and allow for only house of Representatives to cut cost of Governance - and every future political office holder from President. to Councillor must attend a mandatory 2 years course at NIPSS to ensure they have the capacity to think and act with integrity and compassion for the people before they can qualify to run for any office in the land. This ensures the best of us rules!!! Abolish immunity for serving political office holders when there are weighty allegations of corruption with unshakable evidence - please reform the police and let States handle their own police and electoral commission which should be elected by the people of each state Strengthen the institutions by making it impossible for presidents to appoint people to serve in certain sensitive institutions like Judiciary- INEC, Police iG and make voting process devoid of human contact - so we can all vote like we are using our ATM cards slot it into a machine - put our PIN codes - cast our votes and go home while the system records it in real time and publish to the world —-//// please this is the ONLY way forward - i know you dan do it all in 4 years and 99.999% of Nigerians will support you and you will be greater than Azikiwe - Awolowo and Ahmadu Bello combined because we are fighting for independence from state capture. by irredeemably evil politicians killing Nigeria GENERAl MUSA - please if you really love this country - if you love this Nigeria Sir please take over - NOW - i am begging you!!!! 6 Likes 3 Shares |
Re: Anambra, Afreximbank Sign $200m Development Agreement by successmatters(m): 10:40am On Nov 12, 2023 |
kcdendelo: Lagos borrowed and the money entered private pockets. 7 Likes 1 Share |
Re: Anambra, Afreximbank Sign $200m Development Agreement by AbuTwins: 10:45am On Nov 12, 2023 |
successmatters: It's still the same Lagos you're following! The Lagos template is being used in Anambla! You'll start building intracity railway like Lagos! 4 Likes |
Re: Anambra, Afreximbank Sign $200m Development Agreement by AbuTwins: 10:47am On Nov 12, 2023 |
successmatters: Do you have evidence? And how are you sure this too won't follow same way? Onitsha collects lout Money than Lagos. But you'll still call Lagos an agbero state whereas Onitsha is the home of agberoism! 7 Likes |
Re: Anambra, Afreximbank Sign $200m Development Agreement by Toby7(m): 10:51am On Nov 12, 2023 |
Check out my thread |
Re: Anambra, Afreximbank Sign $200m Development Agreement by Cardiojosh(m): 10:55am On Nov 12, 2023 |
ogbonti: 4 Likes |
Re: Anambra, Afreximbank Sign $200m Development Agreement by TundeBricklayer: 10:55am On Nov 12, 2023 |
AbuTwins:Southwest is home of Agberos in Nigeria 6 Likes 1 Share
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Re: Anambra, Afreximbank Sign $200m Development Agreement by Osaremwantaelvi(m): 10:58am On Nov 12, 2023 |
This man just they feel.like say na CBN he day |
Re: Anambra, Afreximbank Sign $200m Development Agreement by YourKarma: 11:04am On Nov 12, 2023 |
Way to go. More of this abeg 1 Like |
Re: Anambra, Afreximbank Sign $200m Development Agreement by Originalsly: 11:06am On Nov 12, 2023 |
Before we start the chest beating and shouting good development... do we really know what exactly the money will be used for? A good portion of the money would be spent on "discussions" .... as in how can we gather the money sent in by Diasporians? "We can make it mandatory for all monies to be sent through our bank only and ehmmm ... we will determine the exchange rate". This kind discussions would eat quite a few millions .... since I'm sure they will be held at the top hotels and allowances would be given to the participants. Then there are the " export emporium" .... the " mixed use industrial city" and the " automotive park". What exactly are these? When we understand what he is really talking about... then we can decide if this loan would really be playing "a pivotal moment in the State's development." 1 Like
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Re: Anambra, Afreximbank Sign $200m Development Agreement by NaijaNaWaa: 11:06am On Nov 12, 2023 |
I commend the governor and wish to see a prosperous Anambra State that’ll be the true light of the nation. That said, this story has been copied and pasted everywhere; word for word, letter by letter. No explanation, no context. Exact same thing being recycled. No one has told us the meaning of this part: “The first initiative entails the provision of capital raise financial advisory services, amounting to an estimated $200 million.” Until we understand it, we may not know precisely what this whole arrangement is about. 4 Likes 1 Share |
Re: Anambra, Afreximbank Sign $200m Development Agreement by Afamed: 11:08am On Nov 12, 2023 |
Good 1 Like |
Re: Anambra, Afreximbank Sign $200m Development Agreement by AbuTwins: 11:12am On Nov 12, 2023 |
TundeBricklayer: Oga stop it! SE are being caught in almost every continent in the world for drugs and drug related offenses! Highest past-year prevalence of drug use was found in the southern political zones: South-East, South-West, and South-South zones (past year prevalence ranging between 13.8 – 22.4 per cent of the population) compared to the North (ranging between 10 - 14.9 per cent of the population). Na Una get the business even is SW! https://nigerianstat.gov.ng/elibrary/read/881#:~:text=Highest%20past%2Dyear%20prevalence%20of,per%20cent%20of%20the%20population). |
Re: Anambra, Afreximbank Sign $200m Development Agreement by XerXers: 11:14am On Nov 12, 2023 |
AbuTwins:So what is in Lagos is only good for Anambra and not Osun? 3 Likes |
Re: Anambra, Afreximbank Sign $200m Development Agreement by Jossiace: 11:15am On Nov 12, 2023 |
And yet you are living in Lagos! You should be living in Anambra. 1 Like |
Re: Anambra, Afreximbank Sign $200m Development Agreement by ogbonti: 11:15am On Nov 12, 2023 |
Cardiojosh: i am tempted to say you are one of the maggots waiting to feast on the decomposing body of the almost dead country called Nigeria that you do not want to see recover - you are the one who is sick - and insane because insanity is repeating the same process over and over and expecting a different result. with what you have seen in Nigeria in 2023, how is it different from 1979, 1983, 1993, 1999, 2003, 2007, 20019 ? I omitted 2011 and 2015 because there is a slight chance GEJ won that election based on sympathy votes he got due to how he was treated after YarAdua died by the cabal and 2015 I am inclined to believe it was free and fair too because an incumbent lost the election However, we are tired of having an election being free and fair ONLY when someone in power permits it - we want institutional reforms to be permanent so we can predict what will happen when anyone governs badly and also allow every region or zone have its term at the seat of power - we are tired of our voices being stifled and our right to elect our leaders being trampled upon - and IF this is abnormal to you, then you are the one who needs psychiatric assistance because even animals do not elect the weakest and least competent amongst them to rule over them, that’s why the Lion is King of the jungle, so why shouldn’t we as humans in Nigeria elect the best amongst us to lead and direct the affairs of the country ? 2 Likes 1 Share |
Re: Anambra, Afreximbank Sign $200m Development Agreement by AbuTwins: 11:16am On Nov 12, 2023 |
XerXers: Good things dey for everyone o! Osun state is open to copy too! |
Re: Anambra, Afreximbank Sign $200m Development Agreement by Reference(m): 11:16am On Nov 12, 2023 |
All these initiatives are good but my concern is the disconnnect with the people, the base, the foundation, the true seeds of wealth creation. This governance system by which initiatives are created and then operators are sought is not the best way forward. You often hear government has this and that fund and to which people are asked to subscribe to. At the end of the day most of it gets stolen or wasted because there are no targets. N-Power for instance today cannot say for sure how many jobs it has created, how many businesses it has established, or what it has returned to the economy in naira terms for all that has gone in, simply because it was a supermarket of funds rather than an exchange of enterprise, an investment by government. It is good to establish an industrial park, but it is better to have integrated industries at hand that are ready to produce things that are targeted for a particular purpose. Then the bank will be saying, x naira into this park will result in y naira in direct returns by z period of time. We have seen so much going into all sorts of parks, export free trade zones, etc all over Nigeria, what you don't have is exactly what has been produced from these and how those products have helped the Nigerian economy in figures and numbers. Whereas some of the most important and recognizable goods we import from such places as the America and the far East are made in no more than backyard sheds and some originating from garages. Government should be closer to the people. Seek to build the economy from the ground up. For example. 3rd mainland bridge required a 1.2million dollar 'part' for its maintenance a few days ago. I am not there on ground but I suspect it is either expansion joints or roller bearings. These articles will be made somewhere in Germany or England or China in a workshop no larger than a church hall. Why can't we make them here with so much machine tools in the hands of local fabricators and where these machines are unavailable this government should be aiding their purchase. Direct investment into productivity. Create a market, create a means of production and use these loans to fund such. That is the way to develop rather than just throwing money up in the air, or creating infrastructure and then asking people to come subscribe without a follow through plan for success. We can do better. Government is too far from the people. 5 Likes |
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