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Total Snubs Nigeria; Invests $600m In Congo - Politics (4) - Nairaland

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Re: Total Snubs Nigeria; Invests $600m In Congo by chaiks: 5:01pm On May 25
Greenfusion:

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.
sure. Total have been gaining in Nigeria for more than fifty years. I understand the six billion dollars would have contributed to our economy. But let's continue to retool our government gradually. I personally feel that what the president need to do most are;
1. Stamp out insecurity asap so that farmers all over Nigeria can return to the farm. Unfortunately, politics and religious inclination are posing serious threat to that.
2. Introduce a system of metering oil produced daily, aggressively look for strategies to end oil theft and increase our production to 2m BPD.
3. Remove the fuel subsidy entirely and match that up with constant public updating amount generated and how they were spent.

Then, with the dangote refinery coming on stream by late June, we should be preparing to have good Xmas celebration this year despite the challenges.
Re: Total Snubs Nigeria; Invests $600m In Congo by irumanle(m): 5:15pm On May 25
SlavaUkraini:


And you are probably the number 1 educated illiterate in Nairaland for implying that there is no Law in the land.
Okay. Thank you
Re: Total Snubs Nigeria; Invests $600m In Congo by Madups(m): 5:19pm On May 25
Jagaban connection.. See as investors from america, europe and asia just dey troop enter we country.
Re: Total Snubs Nigeria; Invests $600m In Congo by Ofunaofu: 5:22pm On May 25
whytediamond:
Total Energies, the leaders in environmental pollution and degradation of our eco-system.

Make dem park one side abegi grin

You are a 🤡

1 Like

Re: Total Snubs Nigeria; Invests $600m In Congo by ambale(m): 5:24pm On May 25
We were taught that government instability is one of the reasons for the backwardness of Africa especially Nigeria

And for years, our government have refused to do something about that, too much chaotic policies

A government might like you and allow you make money and another one comes in and doesn't like your face and your investments are gone

No insurance, no compensation whatsoever

And you think investors will flock such country

He sure me say if another president comes in after this man, he would repel most of his policies

We see what's going on in kano

Only a deranged fellow will invest largely into an unstable environment

2 Likes

Re: Total Snubs Nigeria; Invests $600m In Congo by shegzee43: 5:34pm On May 25
whytediamond:
Total Energies, the leaders in environmental pollution and degradation of our eco-system.

Make dem park one side abegi grin

You remind me of the fable of the Fox and the grape, where the former, rather than admit its failure of being unable to reach the grapes, rationalizes that they are sour and of no good.

1 Like

Re: Total Snubs Nigeria; Invests $600m In Congo by Pain(m): 5:35pm On May 25
Bleep them. Please guys, we need to break off from the spell and witchcraft of these europeans

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Re: Total Snubs Nigeria; Invests $600m In Congo by chatinent: 5:43pm On May 25
Even if it was you, would out invest in Nigeria as it is?
Re: Total Snubs Nigeria; Invests $600m In Congo by Irony1: 5:44pm 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.

When you are ready to stop deceiving yourself please let us know. Bundling and arresting Binance executives sent a wrong signal to the investment community about Nigeria.

2 Likes

Re: Total Snubs Nigeria; Invests $600m In Congo by Irony1: 5:50pm On May 25
Powerhouse5050:
Total Energy ran from Nigeria because they could not exploit Nigeria as they would in other African Countries.

Nigeria policies and rule are tightening up on those loopholes that allows foreign companies to exploit our resources.

The has changed for good.

This is good news

For those who have no idea on what's going on, very very soon a new insurgency would spring up in and around Congo courtesy Total Energy.... Franch Country and companies make more profits during chaos and disorderliness.

In what way are they tightening pikicies, when illegal oil theft is making our products available in black market.

1 Like

Re: Total Snubs Nigeria; Invests $600m In Congo by Maliqcious: 5:52pm On May 25
whytediamond:
Total Energies, the leaders in environmental pollution and degradation of our eco-system.

Make dem park one side abegi grin
this kind talk na it dey make me wonder so Government we go put better policy down na the investment you dey blame you think say Tinubu no need the money

1 Like

Re: Total Snubs Nigeria; Invests $600m In Congo by Irony1: 5:56pm On May 25
Tareq1105:
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.

When you are ready to be sincere and stop being stupid let us know.

1 Like

Re: Total Snubs Nigeria; Invests $600m In Congo by Mrexcell(m): 6:10pm On May 25
I don't understand this deal how come total energies is getting a whole 63% while congo that owns the oil well is getting just 15%? Is this the kind of deal they are offering nigeria?
Re: Total Snubs Nigeria; Invests $600m In Congo by MemphitzDgreat1(m): 6:10pm On May 25
Felabrity:
Yarimo , Tinubu is a disaster
The mugu will definitely avoid this thread.
Re: Total Snubs Nigeria; Invests $600m In Congo by Anunakeeh: 6:15pm On May 25
Re: Total Snubs Nigeria; Invests $600m In Congo by Basicend: 6:28pm On May 25
Promismike:
All thanks to Buhari, Tinubu and APC.

Nigeria will always curse the day these idiots where born.

Absolutely.
Re: Total Snubs Nigeria; Invests $600m In Congo by Eriokanmi: 6:30pm On May 25
Promismike:
All thanks to Buhari, Tinubu and APC.

Nigeria will always curse the day these idiots where born.
These people are the main reasons the naira lost its value. But they'd never tell us the truth, so useless and super corrupt leaders. Almost all the multinationals and investors have left Nigeria with their dollars and invested it in other African nations. I once said this here.

Who would invest in a corrupt and unsafe environment where expatriates and top security men are being kidnapped and killed like cow? Tell me

1 Like

Re: Total Snubs Nigeria; Invests $600m In Congo by bizhop01: 6:33pm On May 25
Basic123:
But 600million dollars is jut o.45% of dangotes 20billion dollars refinery
Because is only monopoly investor like dangote will build Nigeria economy cool
Re: Total Snubs Nigeria; Invests $600m In Congo by Eagleways: 6:44pm On May 25
whytediamond:
Total Energies, the leaders in environmental pollution and degradation of our eco-system.

Make dem park one side abegi grin
dey there dey confuse yourself. Which pollution pass this thing wey you talk now ?

1 Like

Re: Total Snubs Nigeria; Invests $600m In Congo by Brushstrokes20: 6:53pm On May 25
Nobody in his right senses will invest in an eBOLA ravaged economy 📢📢

1 Like

Re: Total Snubs Nigeria; Invests $600m In Congo by ufotunang: 7:00pm On May 25
What do you expect when the environment is not conducive for bussinesses to thrive and excel., Tinubu and APC has destroyed the economy and country

2 Likes

Re: Total Snubs Nigeria; Invests $600m In Congo by Jlow2: 7:01pm On May 25
Nigeria is not where legitimate business prosper , u must be forced to cut corners
Re: Total Snubs Nigeria; Invests $600m In Congo by ufotunang: 7:02pm On May 25
If Peter obi was the one in power they would had invested into the country....it's a pity...a big mistake voting Tinubu and APC into power
I
Re: Total Snubs Nigeria; Invests $600m In Congo by MajorOvakporaye(f): 7:06pm On May 25
whytediamond:
Total Energies, the leaders in environmental pollution and degradation of our eco-system.

Make dem park one side abegi grin

People wey dey squeeze body for inside one room apartment go still wan talk.

1 Like

Re: Total Snubs Nigeria; Invests $600m In Congo by Tellmeastory: 7:11pm On May 25
Omoejigbahe:
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

HONESTLY.

EVEN THE MODS ARE NOW IPOB.

TRAITORS POSTING RUBBISH ON FRONT PAGE TO DISCREDIT NIGERIA.

IF ANY FOREIGN COMPANY INVESTS ANYWHERE ELSE IN AFRICA, IT MEANS THEY “SNUBBED NIGERIA” TO INVEST THERE.

WHAT SORT OF NONSENSICAL, STUPID REPORTING IS THAT?

THESE ANTI-NIGERIAN MODERATORS NEED TO BE FIRED.

FU.CKIN.G TRAITORS WHO HATE THEIR OWN COUNTRY.

1 Like

Re: Total Snubs Nigeria; Invests $600m In Congo by Inosky: 7:28pm On May 25
Tinubu has rubbished Nigeria's chances of attracting foreign investments in Nigeria and development of the country but Agbadorians think it's well with Nigeria with a drüglord and certificate forger in power. Shame.

The best for Nigerians is to remove the baggage from power to restore investors confidence in Nigeria.

1 Like

Re: Total Snubs Nigeria; Invests $600m In Congo by bal4real: 7:49pm On May 25
Tinubu is a bad omen to this country. A failure in all ramifications.

1 Like

Re: Total Snubs Nigeria; Invests $600m In Congo by PUNANI01: 7:51pm On May 25
whytediamond:
Total Energies, the leaders in environmental pollution and degradation of our eco-system.

Make dem park one side abegi grin
The agbado singer! I hope you can afford agbado?

1 Like

Re: Total Snubs Nigeria; Invests $600m In Congo by chucky101(m): 7:55pm On May 25
Powerhouse5050:
Total Energy ran from Nigeria because they could not exploit Nigeria as they would in other African Countries.

Nigeria policies and rule are tightening up on those loopholes that allows foreign companies to exploit our resources.

The has changed for good.

This is good news

For those who have no idea on what's going on, very very soon a new insurgency would spring up in and around Congo courtesy Total Energy.... Franch Country and companies make more profits during chaos and disorderliness.
Please enlighten them. Total should leave us to develop our oil resources at our pace and in a manner where Nigerians and the Niger Delta would be the major beneficiary. Congolese government is barely getting 15% of the income from this venture. If this was the kind of exploitative deals the middle east agreed to, they won't be where they are today.
Re: Total Snubs Nigeria; Invests $600m In Congo by chucky101(m): 7:57pm On May 25
Mrexcell:
I don't understand this deal how come total energies is getting a whole 63% while congo that owns the oil well is getting just 15%? Is this the kind of deal they are offering nigeria?
Yes. But they won't try this with the middle east
Re: Total Snubs Nigeria; Invests $600m In Congo by ransomed: 8:09pm On May 25
A pariah Nation loading......
Re: Total Snubs Nigeria; Invests $600m In Congo by ozo13(m): 8:22pm 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...
using Binance as example I don't think its ok.Because countries like US and Canada heavily fine Binance.Us alone fine them in excess of 4billion dollars and am sure total and others are still heavily investing in US

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