₦airaland Forum

Vaughanlanrewaj:
If this is the investment PO is showing off as achievement then Anambra state must have had its investment depreciated so much significantly that you need to query the process leading to that 'investment'.

Within same period that he approved this 'investment' and today, International Breweries share price had tanked from over N60 per share to around N5.65 today ( a whopping 1000% decrease in value! ) yet International Breweries has not paid dividends or issued bonus shares!
As a matter of fact, last year, IB just rolled over its $250 milliion loan from its major investor which it must pay even with the liability of forex risk according to loan terms.

Curiously, about same time, some states like Lagos, Osun invested or/raised their number of shares in Airtel, MTN, WAPCO and Julius Berger. Today, those states have reaped massively in dividends, bonus and capital appreciation while Anambra has its own investment in a company with links to HE Peter Obi's family has tanked so horribly that it is now penny stocks. The decision to 'invest' Anambra money into IB requires investigation by EFCC.

It is so so sad and unfortunate that PO was a mediocre governor for 8 years and seems like he wants to get away with it. He should never be voted for. He was to an extent a related party to IB. It was immoral and illegal that he as the Gov of Anambra signed the public funds into IB. The manner he threw Anambra money into IB because of his family business link to IB and despite the avalanche of better investments, is preposterous!

Those individuals and state governments who bought the shares of NGX listed companies like Airtel Africa alone had seen their share price jump from around N200 to N1600 and earned dividends in US dollars.

Do not vote for Peter Obi on this account and the fact that he can not even win.

Another illiterate that doesn't understand how shares and the capital market works.i won't teach you.

Die in ignorance

Eniitankorede:
Beer factory is the least we need in this stage of our development. Go and ask them in Scotland what alcohol is doing to their health and how much they spend in NHS to treat alcohol related diseases and illnesses. Obi has no vision, he is just a trader and anything can be sold by a trader. He doesn’t have vision for national development. How he makes money is his priority.

Don't change the topic .

Read and be saved from lying virus

Is seun is not biased, he should balance the story in the front page now that Peter image is being soiled ,before they begin to spread lies and misinterprete soludo message .

Lalasticala

Please FP.

Mynd44
Seun

Can this be a rejoiner

Peter obi invested anambra money in abinv and the state owns 4.7 % of the company with dividend and valuation increasing.

Can this be a rejoiner to the one by soludo on front page to balance the narrative.




https://www.nipc.gov.ng/2019/11/19/belgiums-ab-inbev-to-invest-n123-billion-in-international-breweries/



Nigeria’s International Breweries will secure about N123 billion investment from Belgian company, AB InBev (Anheuser-Busch InBev). AB InBev, the world’s largest brewer is looking to expand its footprint across Nigeria and other markets in sub-Saharan Africa.

This new capital infusion will solidify the grip of AB InBev on its African markets through its subsidiaries, one of which is the International Breweries, producers of Trophy Lager, Hero Lager and Betamalt – a non-alcoholic malt drink.

Channel of investment: AB InBev will make the N123 billion investment through a rights issue. This is the selling of shares by a company (in this case, International Breweries) to its existing shareholders (AB InBev) and is another way of raising cash by companies.

International Breweries will issue the shares as a registered company on the Nigerian Stock Exchange (NSE) where shares are sold to existing or new shareholders. The company has filed for final regulatory approvals to raise the funds.

According to The Nation report, N164.39 billion will be raised by International Breweries through a rights issue of 18.266 billion ordinary shares of 50 kobo each at N9 per share which will be pre-allotted on the basis of 17 new ordinary shares of 50 kobo each for every 8 ordinary shares of 50 kobo each held as at the close of business on November 6, 2019. With the rights’ ratio, about 13.72 billion ordinary shares of 50 kobo each will be pre-allotted to AB Inbev.

What you need to know: International Breweries is a combination of three Nigerian Breweries companies – International Breweries Plc, Intafact Beverages Limited and Pabod Breweries Limited. AB InBev is the highest shareholder in all.

International Breweries is located in Ilesa, Osun State in the South West region. Intafact Beverages’ brewery is situated in Onitsha, Anambra State in the South-East region while Pabod Breweries is located in Oginigba, Port Harcourt, Rivers State in the South-South region.

The three companies were merged in 2017 by AB InBev in a bid to expand its shares and position International Breweries as a market leader in Africa.

Before the merger

SABMiller Nigeria Holdings BV had held 75% and 82.81% majority equity stakes in Intafact and Pabod respectively before the merger of the three breweries.
The Ministry of Finance of Anambra State held a 10% equity stake in Intafact and the Ministry of Finance Incorporated of Rivers State held 14.52% equity stake in Pabod.
Belgium’s AB InBev to invest about N123 billion as International Breweries seeks funding

After the merger

After the consolidation, AB InBev’s majority equity stake in International Breweries increased to 75.1% from 72.17% (which was initially held only by Brauhaase International Management GMBH, another subsidiary of AB InBev).
Now, SABMiller Nigeria Holdings BV, also a subsidiary of AB InBev, holds 47.4% in International Breweries, while Brauhaase International Management GMBH holds 27.7% equity stake in International Breweries to make the 75.1%.
Meanwhile, the Ministry of Finance of Anambra State holds 4.7% equity stake while other minority shareholders hold the remaining 20.2% equity stake

plaindealer:
Liar, Inbev merged 3 Nigerian companies together and Pandora's money had nothing to do with International breweries, he gave his money to the brewery in Anambra and Inbev showed up later to marge all 3 companies together.

Why didn't you post the full article

Eniitankorede:
Everything around Peter Obi is just a scam. Everyone is debunking his lies left right and centre. He is a complete fraud. And all the urchins supporting him will like to hug transformer by the time the bubble bursts on them.

https://www.nipc.gov.ng/2019/11/19/belgiums-ab-inbev-to-invest-n123-billion-in-international-breweries/

Read and get sense

Soludo lies have been debunked by facts .
The dividend is even more than what obi said .

https://www.nipc.gov.ng/2019/11/19/belgiums-ab-inbev-to-invest-n123-billion-in-international-breweries/

Can someone do a rejoiner with this

NgeneUkwenu:
That David of a useless man, can only deceive the uninitiated. His outburst shows, he is not interested in any good governance, but rather on how to line his pockets with fake online activism, cheered by the equally useless online ipob Terrorists.

His is actually raving mad.

You know his handle , ask him question ,I want to check something.

Seun, take this down.

The headline is misleading

NaughtyBrainiac:
They call him Old, yet he is the most serious, smart working and hardworking of all the aspirants.

They call him sick, yet he is the Aspirant that has consulted and travelled the most in the last 3 months.

I sometimes wonder if some of us the so-called Young and healthy Nigerians can do the number of trips Asiwaju has done in recent weeks.

I hope and pray that hid time as President favours Nigeria and Nigerians in all ramifications.

God bless Asiwaju Bola Ahmed Tinubu, the next President of the Federal Republic of Nigeria.

God bless Nigeria.

Smart working by giving 10k bribes ?

He should go and apologise the same place and the same way he insulted obi

Obi obi obi

We need to know this place .

Terrorism only thrive when the people supports it.
Some South East people supports Terrorism.

Ishilove:
Fake news is a big problem in Nigeria

It's better to post fake news to alert the public than to keep quiet to let another owo attack happen.

As police clarify,you no like am?

the questions generaly is a standard question

ArewaNorth:
Farouq Kperogi is a bonafide PDP member that is why he could go any length to defame APC members and other reputable politicians to pave way for his Atiku. If Farouq is truly sincere about his writings, Atiku deserve more bashing from him than others but the fact that he worked with Obasanjo in a team saddle with the responsibilities of media and press made him very sentimental.
Southerners are left with difficult choice between two Muslims Presidential aspirants, one from their region and the other is from the tribe most of them so much despise and a Muslim Northerner.
You guys need to know that religion favours only elites in Nigeria but not masses in steering the affairs of this Nation. Buhari is a Muslim Northerner who under his watch banditry cost about half of lives that Boko Haram killed. The number of Muslims killed in Sokoto, Zamfara, Kebbi, Niger and Kaduna State is very terrible and extremely alarming and he has done nothing as a Muslim.

Osinbajo is a Christian but only condemn killing of Christians not from the deep side of his heart but because he wants to remain relevant in the eyes of Nigerian Christians, his being VP couldn't save lives of Christians killed across the Nation. VP can't play any role to change President's decisions or inactions, and in Nigeria the VP will prefer to be part of the sharing team than depend the atrocities committed on members of his faith!

Therefore, it is left for Nigerians especially the Southerners among Atiku and Tinubu to choose someone who can protect not only Christians but Nigerians and Nigeria.


This religious game won't solve our problems but keep pushing us into state of confusion!

Lol. We have a southern Christian as a top contender.

His name is Peter obi

guru90:
Useless Governor.......

Are you a criminal ?

Only young fools will vote for tinubu.

Devil wants to use calistus

Let them keep doing terrorist video and calling themselves " we the UGM" na God go punish ESN and ipob.

The army is giving them woto woto while they are still believing in their lies of UGM instead of them to do terrorism with their full chest and call themselves ESN .maybe funding might come from terrorist supporting nations or individuals .

This irabiji tout supporter wants to teach us amala and ewedu politics

But they can't use the money to renovate their classroom

When fulani terrorist killed Dr Chinelo, the narrative was for us to be strong together against terrorist.

"“IPOB and ESN did not kill anybody talk of Hausa woman with children, it’s is an abomination to kill women, children, school children, and pregnant women. We are not like them who plucked out babies from Igbo pregnant women in 1966 and 1970."

hmmmm, emma is doing something strategically dangerous.

Penguin2:
Ekweremadu down

Abaribe down too. Nigerians can see that Igbos don’t joke with justice. As we like Abaribe reach, we didn’t waste a second to call him out when he derailed. There’s not a single person supporting him.

We don’t play baba sope politics in the land of the rising Sun.

We are people who value justice, equity and fairness. And no man, no matter how highly placed, will be allowed to overreach himself at the detriment of others, no matter how downtrodden they are.

That’s what separates us from the people of Southwest and their baba Sope politics where they are tied to Tinubu’s apron and he can continue to choose a governor from same region and they continue to vote for whichever idiot he brings.

“Egbe bere ka ugo bere”. that’s always our guiding principle in all our dealings. And not the survival of the fittest or victory for the moneybags kind of politics.

and you supported ikpeazu to gain senate ticket ?

It's to get agreement for Toyota to supply the engine for innoson and innoson will brand it in his name .

Add one and two together ,you will know that this is ipob/ESN.

Dss are not professional after all.

DSS are trained to even provide cover for the president in the most dangerous situation .

Nonsense

HIGHESTPOPORI:
You cannot fight Government and Win.I thought you guys said Ipob are not the ones carrying out the attacks?

I personaly believe that ipob terrorist are the ones carrying the attacks.

Felimax:
Craze people! Maybe they were told Nnamdi Kanu is somewhere in Asaba eating raw beans.

If this people cannot be given the Oyingbo treatment then I will know how foolish Okowa is. If you give the Igbo man an inch they will take yards. Delta state government should know now that IPOB is testing the waters to know how deep they should go.

Resist them by every and any means now that you still have the time. There should also be militant anti protesters just as you had it during EndSARs. You know how to reach them.

Delta state is not a state for Barbarians, if you are one then relocate to your zoo.

Mad people!

The different between the oyigbo treatment of yesterday and now is that ipob is now very armed , then they were not.it won't work now .

The solution now is a political solution. Police are dieing too much for now and that is demoralising

the guy wan cum