cashmentor:

If not for greedy and corrupt leaders, who is Ghana, South Africa or even Egypt that Nigeria should b tryin 2 overtake, We ought 2 b a developd state by now and even b investing in this same Canada, Ghana, SA etc, but now see, every nation wants 2 have a part of Nigeria and i wonder wat wil b left for yet unborn generations

"There is a global awareness that something massive is unfolding in the power industry in Nigeria.”

Horus:

Yes, something massive like a massive power blackout if nothing is done.

Beaf:

[size=14pt]Nigeria: Hoping to topple South Africa[/size]
Published On Sun Dec 4 2011
By Rick Westhead

Still, several Canadians are optimistic.

CPCS Transcom, based in Ottawa, was hired to develop a master plan for public transport in Lagos and oversaw the privatization of the city’s port, a $1.4 billion (U.S.) deal that was completed in only 14 months, said Lucien Bradet, president of the Canadian Council on Africa.


CPCS recently brought a delegation of Nigerian diplomats to visit the Toronto Transit Commission. The government plans to build a new 30-kilometre subway line in Lagos and is considering buying parts from the TTC, Bradet said.

Toronto’s Nexen Inc. is involved in the oil-and-gas sector, and Montreal’s CRC Sogema won a contract to reform Nigeria’s tax system, helping the government crack down on tax dodgers.

“Canada doesn’t really have a lot of product to sell. . . we’re more in the knowledge business and that’s very important in Africa now,” Bradet said.

“You look at Nigeria and it’s the 7th largest country in the world.

http://www.thestar.com/news/world/article/1096275--nigeria-hoping-to-topple-south-africa

Kaulbeck credits Lagos State Gover- nor Babatunde Fashola with much of the success because of his vision and determination to allocate public re- sources to transportation infrastructure and his support for the LAMATA

President Goodluck Jonathan has said reforming the power sector is his “highest priority,” and he has created a government agency to privatize six generating companies and 11 other distributors. Jonathan has pledged to triple electricity supply by 2013.

Kilode?!:

This part is largely due to the visionary leadership of Babatunde Fashola and the ACN.

Even the Canadian Company admitted that fact.http://www.cpcstrans.com/_files/Africa_Investor_Lagos_Blue_Line_George_Kaulbeck.pdf

Well done. I expect more.

cashmentor:

If not for greedy and corrupt leaders, who is Ghana, South Africa or even Egypt that Nigeria should b tryin 2 overtake, We ought 2 b a developd state by now and even b investing in this same Canada, Ghana, SA etc, but now see, every nation wants 2 have a part of Nigeria and i wonder wat wil b left for yet unborn generations

adconline:

Always hoping to be the biggest in Africa without laying the work, sophisticated idiocy laced with arrogance. Have you ever won a lottery without playing ie losing your money first?

Beaf:

[size=14pt]Nigeria: Hoping to topple South Africa[/size]
Published On Sun Dec 4 2011
By Rick Westhead


President Goodluck Jonathan wants to reform the country's power sector. (PIUS UTOMI EKPEI/AFP/GETTY IMAGES)
 
Africa’s largest country has more going for it than its infamous email spammers.

Massive oil deposits, for instance.

With proven reserves of 38.5 billion barrels of crude, Nigeria is the leading oil producer in Africa, with a revenue stream of about $40 billion (U.S.) a year.

As oil prices surge, Nigeria’s economy is growing and Canadian companies are anxious to capitalize.

At least 200 Canadian companies are doing business in Nigeria, a number poised to skyrocket as the country’s power sector continues evolves, says Chris Cooter, Canada’s high commissioner to Nigeria.

“Canada will go the whole hog with you,” Cooter said in a recent speech in Lagos. “There is a global awareness that something massive is unfolding in the power industry in Nigeria.”

FULL COVERAGE: Emerging Markets

President Goodluck Jonathan has said reforming the power sector is his “highest priority,” and he has created a government agency to privatize six generating companies and 11 other distributors. Jonathan has pledged to triple electricity supply by 2013.

Some investors already like what they see. Nigeria’s economy is growing at around 7 per cent and Standard Bank says it will eclipse South Africa by 2015 to become Africa’s largest.

Analysts even speculate that Nigeria could become a G20 country, and the country is anxious to improve its international profile. Nigeria contributed most of the troops to the African Union’s first peacekeeping force in Sudan. It has also has sent troops to Burundi and Sierra Leone and recently had a temporary seat on the UN Security Council.

But problems remain.

Jonathan is from southern Nigeria, and is unpopular in the predominantly Muslim north, where the extremist Muslim group Boko Haram is based. Boko Haram doesn’t seem to have much problem stoking discontent.

About 70 per cent of Nigerians live on less than $2 a day and the average life expectancy is just 51 years (compared to 81 for Canada). In 2005, a U.S. intelligence report speculated Nigeria could yet become a failed state, a bigger version of Congo or Somalia.

Still, several Canadians are optimistic.

CPCS Transcom, based in Ottawa, was hired to develop a master plan for public transport in Lagos and oversaw the privatization of the city’s port, a $1.4 billion (U.S.) deal that was completed in only 14 months, said Lucien Bradet, president of the Canadian Council on Africa.

CPCS recently brought a delegation of Nigerian diplomats to visit the Toronto Transit Commission. The government plans to build a new 30-kilometre subway line in Lagos and is considering buying parts from the TTC, Bradet said.

Toronto’s Nexen Inc. is involved in the oil-and-gas sector, and Montreal’s CRC Sogema won a contract to reform Nigeria’s tax system, helping the government crack down on tax dodgers.

“Canada doesn’t really have a lot of product to sell. . . we’re more in the knowledge business and that’s very important in Africa now,” Bradet said.

“You look at Nigeria and it’s the 7th largest country in the world, one that’s had a government elected fairly and squarely for the past 10 years. There’s no sector where the opportunity isn’t right outside your door.”

http://www.thestar.com/news/world/article/1096275--nigeria-hoping-to-topple-south-africa

Godman_n:

[size=25pt]CHEAP PROPAGANDA FROM ANIMAL BEAF.

Your generations will pay for your evil lies[/size]

Yea we have potentials, but your clueless sponsor GEJ have proven incapable of managing it, like the former rogues before him. The rogues that manipulated my people into electing him.

If you are intelligent, advice him to hit the ground working, and stop peddling propaganda, because though propaganda brought him in, propaganda will never do the work. Even the fool will soon realize that our messiah Olumba olumba GEJ is fake. The scales are falling off people's eyes like that of Saul in the Bible.

No amount of lies can cover the truth; better get it

moshoodn:

On my knees. . . . Praying.

moshoodn:

On my knees. . . . Praying.

musKeeto:

Lol,

A country whose economy is supported by one man who's the wealthiest in africa?
A country that has spent billions sustaining darkness?
A country led by a man that believes God is the answer?
A country whose citizens love their chains?
A country with a state called RIVERS state where clean water isn't accessible?
A country with so many prayer warriors and so few thinkers?
A country without an identity? (borrowed religion, italian shoes, brazilian hair, english football)
A country where mediocrity is praised and integrity is mocked at?

Overtake South Africa?

Even God laughs in tongues,

koruji:

The begining of failure is to always set out targets based on "toppling" someone - it is a failure minded approach.

cashmentor:

Oh Ye of little faith! When will Nigerians ever see something great about their Own land! What are u trying 2 say dat we don't knw about in Nigeria,  It is this kind of Negetive Mindset that has made us 2 remain where we are!