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Total Snubs Nigeria; Invests $600m In Congo - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Total Snubs Nigeria; Invests $600m In Congo (15549 Views)

$600m Investment: Rufai Oseni Reacts As Maesrk Company Denies Deal With Tinubu / Reno Omokri Reacts As Toyota Snubs Nigeria, Opens Assembly Plant In Ghana / $600m Steel Plant Will Be Nigeria’s Highest Non-oil FDI – Gupta (2) (3) (4)

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Re: Total Snubs Nigeria; Invests $600m In Congo by SlavaUkraini: 4:08pm On May 25
irumanle:
Comot for here! Oga. Did the land have any law to start with. Na all these anywhere belle face arms of government go make, adjudicate and enforce your so called law of the land? Educate illiterate choke for this forum o

And you are probably the number 1 educated illiterate in Nairaland for implying that there is no Law in the land.

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Re: Total Snubs Nigeria; Invests $600m In Congo by onuman: 4:10pm On May 25
These oil giants know that Nigeria's politics is most fragile. They see a Nigeria where a section adopted unconstitutional Islamic sharia criminal justice system; but clutches tight to one Nigeria because of $lucre in the other sections of Nigeria, yet the sharia section uses government institutions and instruments to drive Jihad on the territories of the other sections of Nigeria. The non religious sections resist the prospects for an Islamic Republic of Nigeria by asking for their separate countries from Nigeria.

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Re: Total Snubs Nigeria; Invests $600m In Congo by Tareq1105: 4:12pm On May 25
Nigerians should develop their own country. Most of these investors are looking for mumu environment like they used to do before Petroleum Industry Act was enacted. They messed up Niger Delta and refused to pay compensation despite Court judgement.

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Re: Total Snubs Nigeria; Invests $600m In Congo by seunayantokun(m): 4:13pm On May 25
Like Nigeria is in pain because one of our masters snubbed us? We shouldn't care at all if we would do what is right for ourselves. Na them go dey chase and beg us.
Re: Total Snubs Nigeria; Invests $600m In Congo by Procashtips(m): 4:13pm On May 25
I don't care if all foreign owned oil and gas companies leave Nigeria, they're of no good to me because they're not here because they so much love Nigeria or Africa.

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Re: Total Snubs Nigeria; Invests $600m In Congo by Lifemanage: 4:14pm On May 25
jayce232:
You can't blame them
Not after what they did to binance executives
Nobody would trust investing in such a country...
The youths are the leaders of tomorrow is a big lie in this country. Until we change it to the youths are the leaders of now for a better life, we will be as though we are playing
Re: Total Snubs Nigeria; Invests $600m In Congo by Omoejigbahe(m): 4:14pm On May 25
Very stupid headline, so IOCs should not invest in 9ther oil producing countries again. Stop talking down on your country, enough of this bastard behavior

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Re: Total Snubs Nigeria; Invests $600m In Congo by bdon123(m): 4:17pm On May 25
nlfpmod:


https://nairametrics.com/2024/05/25/again-totalenergies-snubs-nigeria-announces-600-million-investment-deal-in-congo/
Why invest in a country led by an ex drug baron.even we Nigerians dey fear make tinubu no shift pension funds of oir daddies

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Re: Total Snubs Nigeria; Invests $600m In Congo by BarrElChapo(m): 4:18pm On May 25
I don't envy Congo why, they'll end cheating them.
Re: Total Snubs Nigeria; Invests $600m In Congo by SlavaUkraini: 4:22pm On May 25
jayce232:

You are u just being biased!
Naira was delisted from binance platform since march, why is the currency still falling??
Aren't we supposed to see N500 to a dollar by now?? You don't know how a nation handles issues of international status is very important to foreign investors? Not after what they did to binance executives, a lot of foreign investors are really going to be having doubt & trust issues investing their funds in a place that can abuse their right at will. Believe me

So because they delisted the Naira from their platform in march, you expect the Naira to bounce back immediately ?

FYI..... It is very easy to destroy but it takes time to build or restore

Binance was just one head of the Dragon that was responsible for the Naira depreciation.

When the other heads are cut off, the Naira would first become stable and appreciate.

Foreign investors are well aware that you must follow the laws of the land that you intend to invest in.

Because a White, Asian or Arab man brings money to invest in Nigeria does not mean that they can do whatever they like in the country.

It also does not mean that we must turn a blind eye when they are doing something wrong.
Re: Total Snubs Nigeria; Invests $600m In Congo by chaiks: 4:24pm On May 25
If you ask me, the way this total manager spoke when in a session with aliko the other time shows that he is not comfortable with the terms Nigeria laud for them. It's not only about inconsistent policies. Corporate social responsibility is strong in Nigeria especially in Niger Delta. Can't you see him say during the interview that a country really needs to outline it's aims in relation to environmental risks which are bound to happen because in oil operation, you can't escape it. What were the inconsistent policies? I am not denying Nigeria is totally healthy for business. But I feel Nigerian government is gradually coming to terms with the need to maximize benefit for the country in all these business deals especially when it comes to resource extraction. You can see that also in the new mining act which says all raw materials will be processed in Nigeria.
Re: Total Snubs Nigeria; Invests $600m In Congo by Greenfusion: 4:24pm On May 25
SlavaUkraini:


What was done to Binance executives ?

Their Platform was been used to manipulate the national currency and you expect the government to keep quiet ?

Nations around the world are banning Binance from operating there and you want Nigeria to become their IDP Camp ?

That would not happen

If Total energy invest 10 Billion dollars in Nigeria and we later discover that they are into crude oil theft or other illegal activities, then their executives must face the laws of the land.
Oga, so Nigeria is the most important currency in the world that they chose to manipulate right?....and since they stopped manipulating how has naira been?

Seems we don't like truth in this country.
Re: Total Snubs Nigeria; Invests $600m In Congo by Valuehaven: 4:26pm On May 25
That's the right thing to do since the government of Nigeria does not want to create a safe environment for investors and their investments, they will sure take it elsewhere.
Re: Total Snubs Nigeria; Invests $600m In Congo by Freebills12: 4:27pm On May 25
[color=#000099][/color]
whytediamond:
Total Energies, the leaders in environmental pollution and degradation of our eco-system.

Make dem park one side abegi grin

How many foreign companies have left this country since the inception of this administration? Has he Tinibu attracted any? Its unfortunate that we as Nigerians have a citizen like you.
Re: Total Snubs Nigeria; Invests $600m In Congo by TOPCRUISE(m): 4:27pm On May 25
whytediamond:
Total Energies, the leaders in environmental pollution and degradation of our eco-system.

Make dem park one side abegi grin
Yet they are one of the top 10 oil producing companies in the world.
Re: Total Snubs Nigeria; Invests $600m In Congo by Greenfusion: 4:30pm On May 25
chaiks:
If you ask me, the way this total manager spoke when in a session with aliko the other time shows that he is not comfortable with the terms Nigeria laud for them. It's not only about inconsistent policies. Corporate social responsibility is strong in Nigeria especially in Niger Delta. Can't you see him say during the interview that a country really needs to outline it's aims in relation to environmental risks which are bound to happen because in oil operation, you can't escape it. What were the inconsistent policies? I am not denying Nigeria is totally healthy for business. But I feel Nigerian government is gradually coming to terms with the need to maximize benefit for the country in all these business deals especially when it comes to resource extraction. You can see that also in the new mining act which says all raw materials will be processed in Nigeria.
The thing is that there should a level balance, we gain they gain...its a business meant to make profit, if it doesn't favour them, they would ignore it and go elsewhere... remember nor be only you get resources.
Re: Total Snubs Nigeria; Invests $600m In Congo by busomma: 4:30pm On May 25
If u be TOTAL, will u take such risk in investing in Nigeria, with the level of insecurity & government's daily-changing economic programs?
Global economy will know when Nigeria is ready for business.

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Re: Total Snubs Nigeria; Invests $600m In Congo by AbujaCitiBlog: 4:32pm On May 25

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Re: Total Snubs Nigeria; Invests $600m In Congo by Lamasta(m): 4:32pm On May 25
funshint:

Na Congo get stable government policies...dey play grin. You people don't even understand the politics being played by France on her former colonies. They should get themselves away!

Can you invest invest $600m of your money in present day Nigeria

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Re: Total Snubs Nigeria; Invests $600m In Congo by Blazetrailer: 4:34pm On May 25
...and your President is going cap in hand to beg for FDI everyday to revive the nation from looming recession after damaging the economy with senseless reforms...yet you said these ones should park and go since they prefer a war ravaged country to yours...you should have a deep reflection and therapy session. It is a heavy message

whytediamond:
Total Energies, the leaders in environmental pollution and degradation of our eco-system.

Make dem park one side abegi grin

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Re: Total Snubs Nigeria; Invests $600m In Congo by Brandosky: 4:35pm On May 25
obaidan:
these things dey be like joke now, we dey laugh dy use am do cruise and all, give it 10 to 15 years, una go know weytin una dun do to this country
I just dey laugh those idiotic ronu imbeciles . Tinubu govt will come and go . But the damage to economy, the precedence set by lagos state government, the fear of investing in nigeria will forever haunt this country. You see, at some point the paltry fee the tinubu government gives to them to defend his atrocious policies, will one day stop coming. Then like the rest of Nigerians, they will be left with the ruins, a battered country. They will find out, they actually don't have a country

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Re: Total Snubs Nigeria; Invests $600m In Congo by Blazetrailer: 4:37pm On May 25
...more like Tinubu...take Buhari out. At least he was natively intelligent not to destroy its nation by devaluing the currency. Only one of them was gullible enough to listen to stupid advices and destroy the nation with senseless reforms.

Promismike:
All thanks to Buhari, Tinubu and APC.

Nigeria will always curse the day these idiots where born.
Re: Total Snubs Nigeria; Invests $600m In Congo by Usmanovic95(m): 4:39pm On May 25
Total Energy picking congo over Nigeria is because of Ecological reason.If you don't Gerrit,Fogerrit.
Re: Total Snubs Nigeria; Invests $600m In Congo by CoronaVirusPro: 4:39pm On May 25
Congo is a better slave market than Nigeria

Any investor after maximum profit would opt for Congo
Re: Total Snubs Nigeria; Invests $600m In Congo by ogbonti: 4:39pm On May 25
FutureFocus:
Wow, Ponticelli

After losing investment to Angola , we are losing to Congo again.
Nigeria will be great again but we must have a stable environment and policy




Check my previous post for affordable kids tablets and other gadgets.


do you people know most western countries have laws on the books preventing companies headquartered in their countries from doing business in rogue climes like Nigeria?


Total Execs are only ensuring they dont end up goong to jail over bribery, corruption and collusion with officials of the Nigerian government in the future..
Re: Total Snubs Nigeria; Invests $600m In Congo by EnkayDezign: 4:42pm On May 25
That’s good for the Congo, Nigeria has already squandered too many wonderful opportunities for development. So let the buck pass on to other African countries and let’s see how well they utilise such investment opportunities.
Re: Total Snubs Nigeria; Invests $600m In Congo by Machinegun91(m): 4:45pm On May 25
Total is scammers

They should stay far from Nigeria
Re: Total Snubs Nigeria; Invests $600m In Congo by simpleseyi: 4:47pm On May 25
Promismike:
All thanks to Buhari, Tinubu and APC.

Nigeria will always curse the day these idiots where born.

Shey make other countries no survive ni? You are all greedy and selfish people. So all the big companies in the world should invest only in Nigeria while other African countries wallow in poverty.

Can you see what Mexicans are doing to America? Poor Mexicans are trooping to America to work legitimately, to commit crime, to steal, to kill, and to destroy because there is nothing in their own country
Re: Total Snubs Nigeria; Invests $600m In Congo by Blazetrailer: 4:56pm On May 25
...but your President keeps going abroad to beg for FDI....




Tvegas:
Total can do whatever it likes with its money. The earlier Africans realise that the best form of Growth is within and not dependent on foreigners the better. All we need is sincerity of purpose .

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Re: Total Snubs Nigeria; Invests $600m In Congo by Jayhome24: 4:58pm On May 25
They can f u c k to hell this bastard are among oil company that destroyed Niger Delta environment and polluted their water front.

They can rot in hell with their$600m my a s s.
Re: Total Snubs Nigeria; Invests $600m In Congo by Kay25(m): 5:00pm On May 25
Obedients go soon tell us how go congo is than Nigeria 😂 for the reason of the snub

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