₦airaland Forum

https://www.youtube.com/watch?v=SQiQh7hOY7g
Ondo People over to you
Meanwhile , the rise of Tony Elumelu 👆

https://www.youtube.com/watch?v=SQiQh7hOY7g

the dollar to naira exchange rate can never fall..
As long as the upward trends continues.. The sufferings will follow.

Meanwhile here is how Tony Elumelu Built his Billion-Dollar Banking industry with UBA


These are the kind of technocrats that should lead us

https://www.youtube.com/watch?v=SQiQh7hOY7g

How Tony Elumelu became a billionaire banker with UBA

Macphenson:
Very interesring. Typical of brainless agbadorians. Ever wondered why the economy is a total mess today? This is the reason. Money they borrowed and diverted into their personal accounts. Show us tangible things done with all the humongous funds they took.

It doesnt bother you that $1.6B was used to service debt, not even repayment of debt but servicing, thats simply the interest on those loans.
APC is a cancer against our National advancement. Tinubu is just an arrogant failure.

Debts has to be serviced regardless..
Weather spent judiciously or not doesn't concern the borrowers..

Many of the projects worked on by the previous administration are through roads.. from the rail projects (Lagos - Ibadan, kaduna- Kano), road construction like Abuja- Makurdi, solar farm in 9 federal institutions just to mention a few ..

Of course some Will be looted..At the end of the day.. it must be paid back

https://www.youtube.com/watch?v=SQiQh7hOY7g

This is how Nigeria's Billionaire banker, Tony Elumelu Built a Billion-Dollar Banking Empire. The Tony Elumelu Story.

Meet Tony Elumelu, the billionaire entrepreneur who is revolutionizing Africa's business landscape! From his humble beginnings to building a business empire, Tony Elumelu's rags-to-riches story is an inspiration to many. As the founder of Heirs Holdings, United Bank for Africa, and Transcorp, he has created thousands of jobs and empowered entrepreneurs across the continent. In this video, we'll delve into Tony Elumelu's journey, his business strategies, and his vision for a prosperous Africa.

Tony Elumelu’s name is synonymous with transformative entrepreneurship and impactful leadership in Nigeria and Africa. His journey from a young banker to a renowned economist, philanthropist, and business mogul is an inspiring tale of ambition and resilience. Today, Elumelu's influence reaches well beyond Nigeria, impacting all of Africa and beyond.

ogolemati:
is he mad,he can't try that

He did that to Julius Berger.. if a whole Julius Berger suffered the same thing..

Is it a bunch of small contractors that he can't deal with?

Congratulations. Not like we expected anything different. Anyways here is a documentary of how Tony Elumelu rose to success and built the United Bank for Africa

https://www.youtube.com/watch?v=SQiQh7hOY7g

https://www.youtube.com/watch?v=SQiQh7hOY7g

This is how Nigeria's Billionaire banker, Tony Elumelu Built a Billion-Dollar Banking Empire. The Tony Elumelu Story.

Meet Tony Elumelu, the billionaire entrepreneur who is revolutionizing Africa's business landscape! From his humble beginnings to building a business empire, Tony Elumelu's rags-to-riches story is an inspiration to many. As the founder of Heirs Holdings, United Bank for Africa, and Transcorp, he has created thousands of jobs and empowered entrepreneurs across the continent. In this video, we'll delve into Tony Elumelu's journey, his business strategies, and his vision for a prosperous Africa.

Tony Elumelu’s name is synonymous with transformative entrepreneurship and impactful leadership in Nigeria and Africa. His journey from a young banker to a renowned economist, philanthropist, and business mogul is an inspiring tale of ambition and resilience. Today, Elumelu's influence reaches well beyond Nigeria, impacting all of Africa and beyond.

https://www.youtube.com/watch?v=3kJzRW9deVg

This is how Nigeria's Billionaire banker, Tony Elumelu Built a Billion-Dollar Banking Empire. The Tony Elumelu Story.

Meet Tony Elumelu, the billionaire entrepreneur who is revolutionizing Africa's business landscape! From his humble beginnings to building a business empire, Tony Elumelu's rags-to-riches story is an inspiration to many. As the founder of Heirs Holdings, United Bank for Africa, and Transcorp, he has created thousands of jobs and empowered entrepreneurs across the continent. In this video, we'll delve into Tony Elumelu's journey, his business strategies, and his vision for a prosperous Africa.

Tony Elumelu’s name is synonymous with transformative entrepreneurship and impactful leadership in Nigeria and Africa. His journey from a young banker to a renowned economist, philanthropist, and business mogul is an inspiring tale of ambition and resilience. Today, Elumelu's influence reaches well beyond Nigeria, impacting all of Africa and beyond.

https://www.youtube.com/watch?v=jByPLQAfxdg

The name Obi Cubana has become a household name in Nigeria, representing the dreams and ambitions of many young entrepreneurs.

Obinna Iyiegbu, widely known as Obi Cubana, is a prominent Nigerian entrepreneur, businessman, and philanthropist. Worth over $500 million, he is one of the most influential socialites in Nigeria. His meteoric rise from a modest background to a business magnate with ventures spanning hospitality, entertainment, and real estate has captured the imagination of millions.

He gained widespread recognition as the founder and chairman of the Cubana Group, a conglomerate known for its successful ventures in hospitality, entertainment, transport, and nightlife. In this video, you will find out how this billionaire, with one of the humblest beginnings among his class, rose to success.

iamphilips:
Lol Hi-Tech is the Governments preferred contractor..... Julius Berger has been one of the biggest problems we have in this country when it comes to infrastructure development. They over inflate projects and still don't complete them..... Let New companies Try their luck, Hi-Tech has proven their worth in Lagos state with the way they Handle most projects and keeping to the timeline.

Don't say what you know nothing about..which project did Government fully pay for and JB abandoned

tspun:
It means absolutely nothing. If I where in her shoe I would have rejected the offer, they will end up spoiliing her name. . Its clear this government has failed no amount of expatriate they employ they cannot revive this economy before 2027.

She will end up taking some of the blame as part of tinubu government that destroy Nigeria just as they are blaming Emefiele for Buhari failure

Do you even know if she played are way to get it rather than APC offering her.. she is close to Remi tinubu

https://www.youtube.com/watch?v=jByPLQAfxdg

The name Obi Cubana has become a household name in Nigeria, representing the dreams and ambitions of many young entrepreneurs.

Obinna Iyiegbu, widely known as Obi Cubana, is a prominent Nigerian entrepreneur, businessman, and philanthropist. Worth over $500 million, he is one of the most influential socialites in Nigeria. His meteoric rise from a modest background to a business magnate with ventures spanning hospitality, entertainment, and real estate has captured the imagination of millions.

He gained widespread recognition as the founder and chairman of the Cubana Group, a conglomerate known for its successful ventures in hospitality, entertainment, transport, and nightlife. In this video, you will find out how this billionaire, with one of the humblest beginnings among his class, rose to success.

Imagine...27 and below

And you have a minister that wants Aspirants to clock 18 before applying for admission.

https://www.youtube.com/watch?v=jByPLQAfxdg

The name Obi Cubana has become a household name in Nigeria, representing the dreams and ambitions of many young entrepreneurs.

Obinna Iyiegbu, widely known as Obi Cubana, is a prominent Nigerian entrepreneur, businessman, and philanthropist. Worth over $500 million, he is one of the most influential socialites in Nigeria. His meteoric rise from a modest background to a business magnate with ventures spanning hospitality, entertainment, and real estate has captured the imagination of millions.

He gained widespread recognition as the founder and chairman of the Cubana Group, a conglomerate known for its successful ventures in hospitality, entertainment, transport, and nightlife. In this video, you will find out how this billionaire, with one of the humblest beginnings among his class, rose to success.

AutoManual:
I still think it's too late for mega refinary project.

Combustion engine is on the last stage of it peak. No world billionaires will build a mega refinary at this time as they consider future and long time projects.

In the next 20-30 years combustion engine will likely phase out in developed world. In places like China recharge cars, scooter, truck and bike has already taking over.

In Nigeria for example we don't buy new cars, instead we buy used cars from develop world. What this means is whatever they use is what we buy

If they complete stop combustion engine and move to electric it only means on the next 5 to 10 years those cars will end up here. So there is no future in oil.

Dangote should think about making engine oil and other products in other to recoup money wasted on that refinary on time.

Those quoting me. Not saying combustion engine will not be in use in the next 200 years. Only saying it usage will reduce drastically and low market.

You are not smarter than a whole Dangote group that put 19bn$ into that project..
..

Inshort you are shortsighted to think his refinery is only to power combustion engines for vehicles.. please you y'all should think deep ..

Tell me exactly which battery want to power a 300 seater jumbo jet.
You see those heavy machines used in heavy duty applications..is it battery that will power it?..

Your trucks and heavy duty vehicles..where do you see electric vehicle outselling the diesel counterparts?

What exactly wants to replace petrochemical in the next 50 years ..

Like I said ..you are not smarter than the group

jaxxy:
wealth doubles but he can't supply fuel to his own country and state his free market price?

Your are the ones that don't want his supply..
He has his free market price . Your local marketers are running away because of subsidies that Tinubu once lied has been removed..

It is not a problem of Dangote..it is your government's failures.

Why is NNPC lifting petrol from his refinery and the rest of the marketers are runaway?

redcliff:
Elon musk makes things that benefit his economy. What doesdangote do yo benefit nigeria ecinomy?

What does Elon musk make that benefits American economy.. let's start from there..
Secondly, Dangote is the biggest employer of labour and biggest tax payer in Nigeria..
.shut down his companies in Nigeria then you will see how much of loses Nigeria with accumulate.

The problem is that y'all think his commodity should be cheaper..my question is this ..are the alternative any cheaper?.

Is BUA cement or sugar cheaper?.

the refinery that just came up. Is it Dangote's fault that your president devalued your currency by over 100%..

How much of diesel before the refinery started producing.. what makes you think diesel should drop to 500 because he produces it..does he get crude for free?..

Petrol is expensive because tinubu removed subsidy not His refinery

lexy2014:
where is the circle in the questions below? or do you have a special meaning for "going round in circles"?

1. is LFTZ the only free trade zone in Nigeria?

2. what makes you think that without a free trade zone, dangote would not have built a refinery?

3. are his other companies all in the free trade zone?

4. when the Jigawa airport or MMA were built, did the government go abroad to look for people to build them?

5. according to the governor



that is interesting. is the company not supposed to be seeking business from the LASG instead of LASG going to Turkey to offer them business since the LASG is the supposed client?

1. No
2. No one said that
3. No
4. No
5. Your question is not clear..

Your point exactly?

SocialJustice:
Shut up if you have nothing to say.

keep quiet if you are to dull for threads like this..
carry your Nigerian investor and go there

lexy2014:
off point. read my questions again and understand.

is LFTZ the only free trade zone in Nigeria?

what makes you think that without a free trade zone, dangote would not have built a refinery?

are his other companies all in the free trade zone?

when the Jigawa airport or MMA were built, did the government go abroad to look for people to build them?

according to the governor



that is interesting. is the company not supposed to be seeking business from the LASG instead of LASG going to Turkey to offer them business since the LASG is the supposed client?

you keep going round in circles..

no sensible organization will put their money into jigawa airport. hence it had to be built by the state government

MMIA was built with FG money in the 90s doesn't mean every other project now must be financed from the government.
the 4 new international airport terminal were built with loans.. why didn't government build it with their money?

Nigeria isn't the most attractive investment destination. no sensible government will sit down and think investors will flood their country.. this is why state government is also going to lure investors... this common sense.

nobody brought dangote into the topic. and no body said he will not build a refinery without a free trade zone. the lands he was initially interested in located in Ogun state was not a free trade zone.

integrity16:
So Lagos state don't have #71 billion to fund the phase one of the project? A state that generates over a 100Billion monthly of IGR? Think about it.

they have the money doesn't mean they necessarily have to spend it.. especially if they can lure other investors into it.
the blue line that is currently operational was built with a 70bn plus loan from CBN ..does it mean LASG can't finance it from their pocket?

apapa oworonshoki was built with over 90 billion from dangote. does it mean FG doesn't have that money to pay?

lexy2014:
is LFTZ the only free trade zone in Nigeria?

what makes you think that without a free trade zone, dangote would not have built a refinery?

are his other companies all in the free trade zone?

when the Jigawa airport or MMA were built, did the government go abroad to look for people to build them?

according to the governor



that is interesting. is the company not supposed to be seeking business from the LASG instead of LASG going to Turkey to offer them business since the LASG is the supposed client?

LASG is not financing from their pocket. Read to understand.

They need a partner for that project and that partner if foreign will likely choose their own contractors.


It is the same way FG borrows money from China for projects and award the contract to a Chinese company. This is a common politics all over the world.

It is a win win for both entities as long as the project Is delivered and the financiers can recover their money


You can't borrow from The US for a project then award construction to a russian company.

integrity16:
You are right. But I see why the Governor would want to go look for foreign construction companies to handle the project.

The major reason may not be unconnected to our corruption index as a nation, it is high risk giving a project of this magnitude to a local Nigerian firm.

There is no High risk of anything..

LASG doesn't have money to fund it..so they need international partner who will only want to use their contractors if they are bringing in their money..
If LASG can pay for it.. craneburg a Nigerian company that built Anambra and is building Ogun airport can build it

SocialJustice:
All he said is that the contract should start with open bidding to the governor and not the governor showing preference to a foreign firm. Nigerian companies are able to finance projects worth billions of dollars, nothing too big that can't be handled locally.

Oga Carry your Nigerian company and go and finance... talking like a kid

https://www.youtube.com/watch?v=WrGObkFtwt4?si=5MMBYzzyCcLX6ZBZ

Inside Nigeria's Bustling Market | A Vibrant Tour Through Nigerian Street Markets. This is the magic of Nigeria's bustling markets.
we visit popular Lagos markets and kano markets to explore the industrious nature of Nigerians.
Explore the iconic markets of Lagos, Kano, and Ibadan as we uncover hidden gems, local traders, and the diverse products that make these markets thrive. Whether you're interested in African fashion, traditional arts, or simply curious about the vibrant street life, this journey through Nigerian markets will leave you amazed

Discover the vibrant energy and rich culture of Nigeria as we take you inside the country's bustling markets! From colorful fabrics and handcrafted goods to fresh produce and street food, this video offers an immersive experience into the heart of Nigeria’s local trade.

#nigeriamarket #lagosmarkets #nigeriabustlingmarkets

lereinter:
What's the raw material for asphalt makin

Bitumen, crushed stones and other aggregate

gracealonev:
I Sir,
National theatre was not renovated by the govt, but by private sector players. Verify your facts

It was renovated by the bankers committee..watch, read and digest properly before rushing to comment

ANOH gas project.
Assa North – Ohaji South gas project is a Greenfield gas development project aimed at supporting the domestic gas market. This new gas plant located in block OML 21 is operated by Shell Petroleum Development Company.
The field extends into block OML 53, where it is called Ohaji South and is operated by Seplat Energy Plc. In combination, the unitized field is called ANOH.

The first phase has a processing capacity of 300 million standard cubic feet per day, with the facility expected to deliver dry gas, condensate and LPG to customers. It is targeting the domestic market for the dry gas and LPG.
the international market targeted for the condensates.

Abuja light rail rehabilitation.

The Abuja light rail is the first metro line in west Africa.
The Rail network is comprised of 6 phases. Phase one, which commenced operations in 2018, covers a stretch of 45.2 kilometers and connects the Nnamdi Azikiwe International Airport to the central business district and the northern outskirts of the city.
Phase two, is expected to extend the network even further, bringing more areas of Abuja into the fold.
The Abuja light rail once sat as an abandoned project as Passenger services on the line were suspended in early 2020 due to the COVID-19 pandemic.
The current FCT minister, began rehabilitation of the light rail in 2023, this project was completed and commissioned for use in 2024.

Lagos red line.
The Lagos red line is a nearly completed metro line in Lagos. The construction is divided into 2 phases with phase 1 undergoing testing.
this phase has a length of 27 kilometers and it connects Agbado in Ogun state to oyigbo in Lagos, with further plans to link the rail with the national theatre station allowing passengers on the redline to access Marina. The phase one of the project features 8 stations and is designed to move more than 500,000 passengers daily through 37 daily trips.
The project includes 10 vehicular overpasses and pedestrian bridges, separating train traffic from vehicles and pedestrians.
The Red Line utilizes a diesel-powered system known as Diesel Multiple Unit which employs on-board diesel engines to propel the train.
The Lagos state government is working to open the rail line to passengers before the end of 2024.