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Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli - Politics (6) - Nairaland

Nairaland ForumNairaland GeneralPoliticsObasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli (28077 Views)

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Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by rapheal5(m): 12:01pm On Apr 04, 2025
Sonofgod1990:
Go and ask ya grandfather. Little boy
What is 700m dollars?
I'm not even a politician and i have about 300 million dollars and you are there thinking 700m dollars is a big money. Make una hustle una say no
Share update u say no
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by IyfeNamikaze(m): 12:17pm On Apr 04, 2025
ImpartialGuy:
Obasanjo was a broke man when he was released from prison and asked to become president in 1999. Where did he get $700m from? He even had the guts to write unprintable stuff about Atiku in his book. Nigerian politicians are some of the worst in the world.
its an allied agro business, he will have shareholders and investors.
The money is not coming from him alone, there are other people who are investing into the business through him.
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by IyfeNamikaze(m): 12:18pm On Apr 04, 2025
belikewater:
If you ask me na who I go ask? lipsrsealed
Shareholders and investors.
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by IyfeNamikaze(m): 12:20pm On Apr 04, 2025
Thomthom:
They are politicians. Na we wey no get 20k for Account dey help them
shareholders and investors
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by Mathewrichard99: 12:27pm On Apr 04, 2025
In shock too my brother. Where did he get such money from. Obj, to even consider such in another country shows how bad OBJ is. A Nigeria Ex President for that matter. A man that's almost dead or as good as dead. How many years will he live more from this present age of 83 years.....I can bet it that none of those investment will see the light of day before this stupid papa enter 6feets underground. An ex president that transited in absolute corruption and dictatorship and even desire to stay on in power through third term. Shameless old man.....if any investment at all....Cameroon will nationalized the investment and convert it to Cameroon own investment. Imagine, the President that dash Bakasi to Cameroon on a platter of gold......



wakaman:
Question is where and how did obasanjo get 700m dollars?
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by Gerrard59(m): 12:29pm On Apr 04, 2025
Saao:
can u farm or invest in farming currently with fulani? My uncle a multi billion farmer and a retired military man like obj was killed on Tuesday by fulani. They shot at his leg, he was running to his car to pick his gun, they ran after him and used cutlass on his head. No sensible person want to invest in farm in Nigeria with fulani acting above the law
I'm sorry for what happened.

May I ask, which state or region did this happen?
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by Gerrard59(m): 12:31pm On Apr 04, 2025
NOETHNICITY:
You have 300m dollars, yet you are roaming here on NL
Akin Alabi is also a Nairalander. wink
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by CHAQUR: 12:34pm On Apr 04, 2025
Even old soldier OBJ is not fearless of the heard men & the bandits... If not, why running abroad....?
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by Gerrard59(m): 12:35pm On Apr 04, 2025
donmik:
He did invest huge on a large expanse on citrus farm in my state

Within a year, our youths burnt down everything simply that he is not from our state


I no blame am. Invest where you find security for your life and biz
I'm genuinely curious, which state is this? They burnt the investments of an ex-general and president, and nothing happened? shocked
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by NOETHNICITY(m): 12:50pm On Apr 04, 2025
Gerrard59:
Akin Alabi is also a Nairalander. wink
Akin Alabi doesn’t roam about on NL, also Akin Alabi doesn’t have 300m dollars
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by Omenlon: 12:54pm On Apr 04, 2025
iwaeda:
They will start fighting with propaganda now. They forgot Alphabeta. grin grin grin grin grin grin
maybe you don't know your state is one of the clients of Alphabeta. Google is your friend.
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by OALandAgents: 1:11pm On Apr 04, 2025
Remember the $16bn that he made vanish before our very eyes during his 1999-2007 administration?
Thief Obasanjo is 90 years old and he is still trying to amass money for himself despite the billions he looted.
To think it is him that accused Abacha of looting. Abacha is a saint when compared to Thief Obasanjo.
wakaman:
Question is where and how did obasanjo get 700m dollars?
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by OALandAgents: 1:14pm On Apr 04, 2025
He recently celebrated his 88th birthday
Mathewrichard99:
In shock too my brother. Where did he get such money from. Obj, to even consider such in another country shows how bad OBJ is. A Nigeria Ex President for that matter. A man that's almost dead or as good as dead. How many years will he live more from this present age of 83 years.....I can bet it that none of those investment will see the light of day before this stupid papa enter 6feets underground. An ex president that transited in absolute corruption and dictatorship and even desire to stay on in power through third term. Shameless old man.....if any investment at all....Cameroon will nationalized the investment and convert it to Cameroon own investment. Imagine, the President that dash Bakasi to Cameroon on a platter of gold......
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by bmasz(m): 1:31pm On Apr 04, 2025
Sonofgod1990:
Go and ask ya, grandfather. Little boy
What is 700m dollars?
I'm not even a politician and i have about 300 million dollars and you are there thinking 700m dollars is a big money. Make una hustle una say no
I see why you have a lot of free time to advise us.
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by bobochem: 1:33pm On Apr 04, 2025
Bro you are diverging from the subject matter.They are talking about location and not the entity itself.
iwaeda:
They will start fighting with propaganda now. They forgot Alphabeta. grin grin grin grin grin grin
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by ziemcorp: 1:53pm On Apr 04, 2025
Sonofgod1990:
Go and ask ya grandfather. Little boy
What is 700m dollars?
I'm not even a politician and i have about 300 million dollars and you are there thinking 700m dollars is a big money. Make una hustle una say no
You go introduce me to your dealer abeg.

cheesy cheesy cheesy
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by 1972xy: 2:05pm On Apr 04, 2025
God will surely judge our leaders. Where on earth did Obj has $700 m to invest in a foreign land?
A man that coudnt afford to buy a nomination form of pdp when contesting as a president.
Nowahala. God de.
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by yemmit90: 2:12pm On Apr 04, 2025
Obakoolex:
All Nigerian politicians have the same ideology... Fortune first, family legacy second!!!

Citizens are tertiary to the good ones among them.

That's why they always become so unquestionably wealthy after leaving office.
It is not all about politicians but all living souls in Nigeria.

An average Nigerian is just too greedy, egoistic and wicked. An average Nigerian wealthy man doesn’t care about anyone but himself, wives and children. Is it the same people that doesn't care about people around them that will care about masses they don't know when attained position of authority?

Dey play.
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by ufotunang: 2:14pm On Apr 04, 2025
wakaman:
Question is where and how did obasanjo get 700m dollars?
From the $16 billions electricity fund hey gave him when he was president 🙄
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by ufotunang: 2:19pm On Apr 04, 2025
Sheuns:
grin

These are signs that investing in Nigeria especially agriculture isn’t all that safe giving to the fact of rampaging herdsmen and destruction of farmlands.


The report says through his Agro Allied Business. He could have shareholders and investors. The money necessarily doesn’t have to be his.
..abi... when the federal government and Tinubu is not taking this herdsmen killing of farmers and invading farms and destroying these farms serious..this will affect the agriculture sector negatively and foreign and indigenous investors will not want to invest in the agriculture sector in Nigeria...Tinubu should provide a conducive environment for the agriculture sector to thrive and excel and ban oper gazing and tackle this herdsmen issues with farmers and destruction of farmlands.
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by Uche559(m): 2:29pm On Apr 04, 2025
kingi777:
Most businesses are going through multiple taxation in Nigeria especially FCT. Environmental, fumigation, certification of fitness of your premises, tenement rate, sign board, television tax all under the council areas. Then you pay to FCT HHSS, pay annual license of your private facility to your regulatory council, pay your personal license, pay for your professional development etc. The worse is the local government people that extort money without carrying out the fumigation, or the certificate of fitness without doing anything or environmental that extort money without carrying out the waste. There has to be a way to regulate these multiple taxation in order to encourage small scale businesses.
No be lie... Our nursery / primary school is going thru alot. Most time we felt like quitting.
Cos comparing d school fees n all these annual levies with no incentive from the govt, is tough especially this period.
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by Sonofgod1990(m): 2:43pm On Apr 04, 2025
sparko1:
Really, hustle with what? if he has 700 million dollars to invest in a country, that means he has at the list 3 or 4 times of that, but his name is not in forbes.

You can't tell me he huzzle to make that money, even you speaking don't have 10 million dollars.
I no even get reach 20k for account before una go use billing scatter me
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by ll24: 2:46pm On Apr 04, 2025
wakaman:
Question is where and how did obasanjo get 700m dollars?
go and ask ur poor father.
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by Abloh: 2:48pm On Apr 04, 2025
Zion243:
Old taker!
grin grin grin
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by Nobody: 3:05pm On Apr 04, 2025
wakaman:
Question is where and how did obasanjo get 700m dollars?
It's a company so the money doesn't need to be 100% from his pocket
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by Lokostar01: 3:20pm On Apr 04, 2025
Sonofgod1990:
Go and ask ya grandfather. Little boy
What is 700m dollars?
I'm not even a politician and i have about 300 million dollars and you are there thinking 700m dollars is a big money. Make una hustle una say no
you are a mad man
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by Sonofgod1990(m): 3:30pm On Apr 04, 2025
Lokostar01:
you are a mad man
You just insulted your grandfather
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by mod9: 4:05pm On Apr 04, 2025
We Nigerians are the problem of ourselves. If Obasanjo had invested the money in Nigeria, the same Nigerians will beat all security strategies and steal almost every thing from diesel to engine oil and even machine parts until they finish the place completely. With what I have seen in my work place, I would not like to invest in Nigeria.
Honestey:
That Nigeria is far better for such investment is not in doubt. It doesn't matter where anyone chose to go invest proceed of questionable Nigeria electricity generation and distribution contract.
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by BreconHills(m): 4:27pm On Apr 04, 2025
ijustdey:
Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Climate




https://leadership.ng/obasanjos-700m-cameroon-investment-sparks-concerns-over-nigerias-business-climate/
It should rather spark concern over OBJ's lack lustre defence of Bakassi at the ICJ and the undue haste under which it was subsequently handed over to Cameroon.
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by donmik: 4:36pm On Apr 04, 2025
Gerrard59:
I'm genuinely curious, which state is this? They burnt the investments of an ex-general and president, and nothing happened? shocked
BENUE STATE
I tell u, nothing came out of it. Passing there after two years, I saw that the plantations have started reviving again. Like the new governor went to reconcile things with him again.

That man likes showing off by helping people of any region, provided una understand am.

No be today he start d help African countries na. Trace back to the 70s. He is the greatest of the Presidents we have had, forget whatever ppl call him. He embraces all races equally
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by donmik: 4:39pm On Apr 04, 2025
BreconHills:
It should rather spark concern over OBJ's lack lustre defence of Bakassi at the ICJ and the undue haste under which it was subsequently handed over to Cameroon.
Nigeria had no case there. Legally ceded to Cameroon during the civil war by Nigerian govt.

Remember, France was still imperialising Cameroon then and they saw it useful in their favour that Nigeria already had enough oil and are even wasteful.

OBJ could do nothing to that. Nothing aside that
Re: Obasanjo’s $700m Cameroon Investment Sparks Concerns Over Nigeria’s Business Cli by Charly68: 4:44pm On Apr 04, 2025
wakaman:
Question is where and how did obasanjo get 700m dollars?
If it is our money ,the investment will evaporate in no mean time. The bible says wealth gotten by vanity shall diminish
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