iwaeda:


https://www.vanguardngr.com/2022/11/peter-obis-alleged-investment-in-anambra-govt-worths-nothing-soludo/

I just saw the video and I no see where he said such thing.

The thing be say na English be our problem.

Worth noting after been squandered by Obiano?

inoki247:




When they say you Obi surpporter are daft you will never agree how can you compare Dangote that's building a refinery and needs alot of money still worth how much he has when he was not building the refinery.....


You people are always looking for a way to justify your lord stupidity nobody is perfect buh u want us to believe Obi too perfect...



Anybody can make an investment error no be all investment will work so why're you guys trying to twist it when he made investment error......

Ur still a fool bro.. Wen did Dangote started building d refinery? Afta 2015?

How much was budgeted for d construction of d refinery 10billion dollars. How much was eventually spent . More Dan 13 billion, nd still nt enough. Even Dangote confessed inflation nd d devaluing nature of d Naira is affecting d project badly.

Most of d monies invested in d project were borrowed, but still Dangote slumped by half of his worth after 2015.
Are u telling me Elon musk nd co, has no project scattered evrywhere dey are undertaking? Yet Deir worth is still intact.

Elon musk jst purchased Twitter for 44billion dollars, has dat stopped him from being d world richest man? Nd has dat downgraded his net worth?
Maybe u don't know, most of dose rich men borrow money to finance investment.

Wen i tell u U Agbadorians are bereft of any intellect, u argue, bt u show it through ur demeanor.

LILTJAY:
OBIora is a liar and fool.
he won't use his two eyes to see aso rock, talk more of inhaling the oxygen there, talk more of now becoming president.
OBIora will only rule biafra because he is not fit to rule Nigeria.

ShortIGBOman

Abeg go and sit down, dullard..Your comment is irrelevant.

festacman:
Enthroning a new political order is good but the truth is that infrastructure wise, Peter Obi failed Anambra State people. Saving money for a State that was in dire needs of infrastructure was dumb to say the least. The throwback tweets of some of current Peter Obi supporters from Anambra State who bitterly critized Peter Obi at that time for his failings were the reflection of the truth.

But in the spirit of "onuru ube nwanne agba n'oso", we move.

I slightly agree with you, the truth is Obi is never a magician or has the magic wand and I don't believe he too can do exceptionally well but he is better than the two. Forget all the noise coming from the angles, even Tinubu didn't do much in Lagos aside opening up the IGR, one thing Obi has above the others is integrity and inability to allow pilfering from his cronies. He might be bad but placing him in comparison to others he is tall and far above them with regards to being responsible to duties and health wise.

I don't even believe all these bad publicity and smear campaign will do much again because many Nigerians have made up their mind. Buhari ruin things for APC and PDP did themselves too with the popularity Obi has garnered baring Buhari interference to allow or not allow rigging Obi might carry the day. To put it simply the fate of APC and PDP lies in the hand of Buhari. If he goes ahead to allow the election to be free and fair and BVAS, APC is done for good because no Nigerian that doesn't have interest at stake will vote this government forget the Media propaganda just go outside and sample opinions.

Abassmt:
Dangote worth 12B$ but his refinery in Lagos worth 20B$ why are we deceiving ourselves like this

Stop dis nonsense.
D refinery is worth 20billion dollars. Is DAT worth only Dangote? Dere are private investors Wu team up wit Dangote to establish d refinery. NNPC has a stake in d refinery.
Monies were borrowed from banks to finance d project.

D value of d refinery is worth 20billion dollars. But d 20billion dollars does nt belong to Dangote alone. I hope u get dat now?

Thank you.

Obi turns Anambrans into refugees in Lagos.Obituary your are wicked

Pit obi is a dullard .he could not get a better course to study because of his woeful academic record. His father managed to procure philosophy for him with money but later graduated with a pass degree

Johnrake69:


Lol... How can companies perform when the economy is sick? When purchasing power of Nigerians have been greatly eroded. If you're into investments you won't say what you just said. And for a state government it's even different. I can bet that the investment the state governor put up was the reason the company decided to build the factory in the state.

As far as the company is still operating, pays tax, employ people and source some of it's materials locally it's a good investment for the state.

Under Peter Obi, Anambra had the least unemployment rate according to NBS. How do you think it happened? Did those jobs fall from the sky? Soludo is just being mischievous with his statement.

Atleast we're not talking about monies that have been looted. There's an enterprise running.

You're totally off point.

Someone said the value of the investment dropped because of the devaluation of the naira. i am showing him why that is not a tenable argument. I'm sure you saw that I said the valuation of the company is not directly correlated with inflation. That obviously implies the possibility of indirect correlation - but that was not the point he was making.

Again, like he, you are twisting yourself up in a knot debating unnecessary issues because you simply cannot admit that Peter Obi made a mistake.

So the company's performance worsened due to the economic situation, right? The greatest skill of investors is knowing how to forecast economic conditions and knowing when to buy and when to sell. The indicators of recession were there.

But Obi did not sell, because, as you and I know very well, his family, and therefore himself, had an interest in those companies he invested in.

How do you defend the indefensible?

And are you telling me that all the companies in Nigeria suffered a loss in valuation because of the deteriorating economy?

In any case, what the state government should have done is simply demand a certain portion of shares in exchange for certain concessions, like subsidised or free land, or even tax exemptions or reductions. There are so many ways Obi could have attracted that investment without taking state money and putting it into these companies. Even he knows it was wrong.

That is why when Kadaria Ahmed confronted him about it, he initially denied some of these things! He knew it was unethical and now it has even proven to have been economically unwise.

post=118287676:


Who do we blame Peter Obi or APC government that Nigeria stock market nose diving since they came into power

Under Peter Obi administration he attracted SABMiller, Orient Petroleum, Orenge drugs, Tiger Food, Stine rice, Innoson vehicle manufacturing, Eastern Distilleries, Tummy Tummy noodles and so many others[/b] [b]these companies pay the biggest tax to Anambra State Government also employed thousands of Nigerians ]

How come the ones in Lagos, Ogun, Kano, Kaduna and co are multiplying under the same APC , why is Anambra own nose diving Are u telling us Soludo is a fool??

Fake news

Any Igbo politician Yorubas are hailing is already on his way to political oblivion.


They only like an Igbo politician who is working against the common will of the Igbo people.



It happened to Rochas Okorocha, Hopeless Uzodinma, Dave Umahi and now Charles Soludo wants to join them, goodbye Soludo, you are using your bare hands to kill your own chances of becoming a well respected political figure with your uncalled hatred for a great man like Peter Obi, wait and see.


Soludo used to be one of my favorite politicians some years back, but ever since he won the Anambra Governorship election, he has been destroying the little credibility he had before now and tomorrow now he will be crying that Igbos don't want to support him.



Peter Obi is a great man, a visionary leader, the kind we cherish and pray for.


Soludo, you are shooting yourself in the leg, your advisers should better advice you now.

Stop calling me

ALTERNATEID:
Soludo don scatter the table. He really messed up Peter Obi in that interview.

God bless Gov. Soludo for saying what exactly we’ve been saying about Peter Obi for so long on this forum that his supporters have been insulting and cursing us for. Governor Soludo simply broke the table tonight. He finished Peter Obi completely. We need more courageous leaders like Soludo who can speak the truth no matter how inconvenient it is.

I’m waiting for the resident Obi supporters to come and accuse Soludo of ethnic and religious bigotry? This thing they call truth ehn, it can’t be hidden forever. Peter Obi is a well packaged fraud. He’s crooked, greedy and selfish. He must never be allowed anywhere near Aso Rock.

Yes that's why the igbos should not be compared with any tribe in Nigeria, they are highly professional and always speak the truth irrespective of whose ox is gored, Will the same be said of a region that sees someone peeing in his underwear and still support him just because he's from his tribe? We can't be compared with any other tribe in Nigeria, we are far more civilized

PointZerom:

This is OBI'S handover report, let Soludo come and debunk it. It is in the public.

Obiano has debunked it, Soludo has debunked it.

sirray001:
if APC succeeded to rig this coming election and Tinubu becomes the president, Nigeria will be doom. Remember my words when the time comes. Pls don't come here and lament. Thanks

Election never even start, Una don dey shout RIGGING.
Nothing will happen? Highest, na one bullet go settle your matter. Remember my words

At least he tried to invest.

SmartyPants:


You're totally off point.

Someone said the value of the investment dropped because of the devaluation of the naira. i am showing him why that is not a tenable argument. I'm sure you saw that I said the valuation of the company is not directly correlated with inflation. That obviously implies the possibility of indirect correlation - but that was not the point he was making.

Again, like he, you are twisting yourself up in a knot debating unnecessary issues because you simply cannot admit that Peter Obi made a mistake.

So the company's performance worsened due to the economic situation, right? The greatest skill of investors is knowing how to forecast economic conditions and knowing when to buy and when to sell. The indicators of recession were there.

But Obi did not sell, because, as you and I know very well, his family, and therefore himself, had an interest in those companies he invested in.

How do you defend the indefensible?

And are you telling me that all the companies in Nigeria suffered a loss in valuation because of the deteriorating economy?

In any case, what the state government should have done is simply demand a certain portion of shares in exchange for certain concessions, like subsidised or free land, or even tax exemptions or reductions. There are so many ways Obi could have attracted that investment without taking state money and putting it into these companies. Even he knows it was wrong.

That is why when Kadaria Ahmed confronted him about it, he initially denied some of these things! He knew it was unethical and now it has even proven to have been economically unwise.

He didn't invest solely for share price appreciation. That's where most of you guys are getting it wrong.

He said that investment put up by the state government was what made the company build their factory in Anambra state. It's a huge difference. You want jobs for your people. You want companies to come and invest to boost economic activities. There's no better way to do that than doing exactly what he did.

See as far as the company is still operating in Anambra state. Paying taxes, employing locals, sourcing materials from the state it's not a mistake. It will be mischievous of a governor of a state to value such a venture by looking at just the value of the shares.

He should give us figures of taxes paid by the company, shares dividend, number of people employed and let's judge based on those variables. I'm from Delta state. I wish our former governors made sure investments rather than looting recklessly. We will be better of today for it.

As far as investment goes the state has more to gain from such investment. As an individual it will probably be a bad investment because I will only be looking at my private pocket. I don't collect government taxes. Employment is not my problem. Infact if the company can employ only one person to do all the jobs it will be better for me because I want more profit.

SeunTheOwner:


The amount spent on Investment does not matter as much as the profits gains from such investment.
How much is the dividend or profit made by Anambra state since the day of investment.

You should have asked the man that rubbished OBI'S investment, let him tell you.

casualobserver:


Obiano has debunked it, Soludo has debunked it.

Were you expecting opposition parties to praise you when you left their party?

Do you think Thifnubu will be praised by a PDP governor of Lagos State?


If Obi is still with APGA do you think Soludo will say what he said?

Glad that Obi invested.

Your parents opened a business or investment and handover to their children ,…and then 9 yrs later, if the business fails , are you going to blame your parents?!.

The man made an investments on behalf of the states and its the duty of the incoming government to maintain that investments!

We all know what happens in Nigeria… incoming government don’t maintain their previous government projects or investments.

israel90:
And biadra will be better than these shithole where cows are more valuable than human beings.A place where drug lords aspires to be president.A place where tout controls there transport system line.

Biafra will be worst than Somalia. The Land is barren. No amount of money can make it valuable.

Johnrake69:


He didn't invest solely for share price appreciation. That's where most of you guys are getting it wrong.

He said that investment put up by the state government was what made the company build their factory in Anambra state. It's a huge difference. You want jobs for your people. You want companies to come and invest to boost economic activities. There's no better way to do that than doing exactly what he did.

See as far as the company is still operating in Anambra state. Paying taxes, employing locals, sourcing materials from the state it's not a mistake. It will be mischievous of a governor of a state to value such a venture by looking at just the value of the shares.

He should give us figures of taxes paid by the company, shares dividend, number of people employed and let's judge based on those variables. I'm from Delta state. I wish our former governors made sure investments rather than looting recklessly. We will be better of today for it.

As far as investment goes the state has more to gain from such investment. As an individual it will probably be a bad investment because I will only be looking at my private pocket. I don't collect government taxes. Employment is not my problem. Infact if the company can employ only one person to do all the jobs it will be better for me because I want more profit.

See my previous answer to this:

In any case, what the state government should have done is simply demand a certain portion of shares in exchange for certain concessions, like subsidised or free land, or even tax exemptions or reductions. There are so many ways Obi could have attracted that investment without taking state money and putting it into these companies.

One is surely in favour of attracting investment but I don't buy this story that putting state money in the company was the only way to draw investment. Is Peter Obi the first one to attract investors to a State?

Take my state, Edo for example, when Obaseki drew Dangote to the state, they did it just the way I prescribed above, by creating favourable investment conditions, not by putting State money into the project.

The only time it is advisable to undertake such PPP is when the investor is brought in to provide some service that is integral to the infrastructure of the State. For example, power supply, roads, security etc. And this is done for the purpose of exercising oversight not to encourage investment.

It's not done anywhere that I know of but if you have some examples, i'd be happy to learn.

I supported Anambara people to elect Soludo to be their governor because I know that the man is a straight forward talker. He won't defend a thief because he is Igbo.

I already know , it will be an ibo man that will bring his brother down. No be today.

PointZerom:

This is OBI'S handover report, let Soludo come and debunk it. It is in the public.

Oga carry this toilet tissue comot here...

How much is Dollar now? Can the amount in that tissue paper fund your state budget?

So na this same peter obi dem say make I vote as President?

This narrative by Governor soludo still dey shock me abeg.

Like I said somewhere, I have listen and watch Peter obi's interview, he simply sounds dull

LibertyRep:
Soludo should match break, na express him dey go so.

Them go soon drag am like a faulty tiger gen.

You have to be a first class material with verifiable achievements in your field to drag somebody like Soludo otherwise people will just laugh at you.

israel90:
And biadra will be better than these shithole where cows are more valuable than human beings.A place where drug lords aspires to be president.A place where tout controls there transport system line.

biafra is a landlocked unpleasant country that doesn't receive any tourist

PointZerom:


Were you expecting opposition parties to praise you when you left their party?

Do you think Thifnubu will be praised by a PDP governor of Lagos State?


If Obi is still with APGA do you think Soludo will say what he said?


Glad that Obi invested.

You guys really are daft!!!

quentin06:
He ain't short.

a nairalander owns the moniker " shortIGBOman " . he is the one I am calling