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Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu - Business (2) - Nairaland

Nairaland ForumNairaland GeneralBusinessLagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu (5323 Views)

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Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by Omihanifa: 1:08pm On May 14, 2025
Lamba
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by blamingthedevil: 1:12pm On May 14, 2025
But no #13 trillon mentioned in the article
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by Wimkeh(m): 1:12pm On May 14, 2025
That would make Lagos bigger than the entire USA
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by Zooposki(f): 1:16pm On May 14, 2025
Racoon:
Sometimes the lies and propaganda being deliberately dished out by these fellas makes your ear to tingle.
You should know it's a typo, Naira and not dollars.
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by BreconHills(m): 1:27pm On May 14, 2025
13billion not 12 trillion USD

What is the GDP of Nigeria?

What is the current size of its reserves?

If 13 trillion dollars enters this country the dollar will go down to 50 cents to the naira.

Let's preview what we report.
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by anonimi: 1:31pm On May 14, 2025
Racoon:
https://www.vanguardngr.com/2025/05/lagos-attracts-13-trillion-in-global-investments-in-six-years/
So what did he use the government revenues generated from the $13 trillion for since they are NOT employing civil servants to provide free primary healthcare to everyone, they are NOT empoying teachers & other staff to make education free for every child, even ordinary water they can't supply to buildings.

Is it any wonder that Lagos has been changed to a glorified ghetto after 26 years of APC looting of the humongous revenue and budget growth?

obonujoker:
Liveability indicators
1 — 🥷Stability
2 — 🏥Healthcare
3 — 🪘Culture & Environment
4 — 📚Education
5 — 🚧Infrastructure

2024 LEAST LIVEABLE CITIES

TOP 10
1 🇸🇾Damascus, Syria
2 🇱🇾Trioli, Libya
3 🇩🇿Algiers, Algeria
4 🇳🇬Lagos, Nigeria
5 🇵🇰Karachi, Pakistan
6 🇧🇩Dhaka, Bangladesh
7 🇿🇼Harare, Zimbabwe
8 🇵🇬Port Moresby, Papua N Guinea
9 🇺🇦Kyiv, Ukraine
10 🇻🇪Caracas, Venezuela

#Statisense
(The Economist)
The lack of state-owned pipe-borne water in the homes of Lagos residents has continued to be a source of concern, a non-profit group, Corporate Accountability and Public Advocacy Africa (CAPPA) has said.

At a press event to mark this year’s World Water Day, the group said its monitoring team’s visit to state-owned waterworks showed that most of them are not operational.

The group said the waterworks it visited include the ones at Maryland, Mushin, Ikorodu, Obalende, Agbowa, Onikan, Ikoyi, and Amuwo Odofin.

Only the one in Ikoyi is producing water, according to CAPPA.

https://www.premiumtimesng.com/regional/ssouth-west/450615-world-water-day-lagos-water-crisis-worsening-group-says.html
A 45-year-old resident and father of three, Mr.Fatai Lamide told PUNCH HealthWise that no building in the community has toilet facilities.

The Oyo State-born mechanic said, “We don’t have toilet in this area, including our compound. This canal that you see serves as toilet to all of us living in this area. We defecate inside nylon and throw it inside the canal.

“For people that don’t want to use nylon, they have a special bucket that they use after which they pour it inside the canal too.

https://punchng.com/cholera-outbreak-looms-in-lagos-communities-as-residents-use-canal-lagoon-as-toilet/
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by anonimi: 1:34pm On May 14, 2025
BreconHills:
13billion not 12 trillion USD

What is the GDP of Nigeria?

What is the current size of its reserves?

If 13 trillion dollars enters this country the dollar will go down to 50 cents to the naira.

Let's preview what we report.
That would be much better than the short term goal that ebilokan has failed to achieve after two years running in meaningless circles.

anonimi:
World Bank offers Nigeria forex rate advice, as Tinubu eyes N200/Dollar rate

April 23, 2023

The President-elect said he would work with the Central Bank of Nigeria (CBN) to *bring down the exchange rate to N200 in his first term.*

“My administration will collaborate with the Central Bank to harmonize the fiscal and monetary policy to achieve immediate stabilization of the value of the naira against the US dollars and other currencies and in the short term, strengthen the naira by boosting the supply of foreign currency and moderating demand.

“The short-term goal is to achieve a naira/dollar rate of 300 naira/US$ and gradually achieve a less than 200 naira rate over the next four years, Tinubu stated.

https://www.ripplesnigeria.com/world-bank-offers-nigeria-forex-rate-advice-as-tinubu-eyes-n200-dollar-rate/?amp
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by plaetton: 1:38pm On May 14, 2025
Racoon:
13 trillion dollars? I mean how Mr Sanwo-Olu? Meanwhile, where are these investments? Even Nigeria's GDP is not even up to $300B. So how did you arrived at this bogus figure?

Even IMF Have told the FG that it proposed 1T investment drive is not feasible given the abysmal rate the Nigerian economy is progressing. So abeg dey lie small small.
I wonder o 🤔
If Nigeria as a whole had $13 trillion in investments over the last 10 years, Nigeria would be 2nd or 3rd largest economy in the world.
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by Bede2u(m): 1:47pm On May 14, 2025
omooba969:
I don't think Jide Sanwo-Olu knows what $13 Trillion looks like, just calling figures as if it's Naira.

Does Lagos look like a place that has actually benefited from a $13 Trillion investment?

This people sef! undecided
na GDP of India, UK and France put together, but APC supporters are not the smartest bunch sha
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by Sirianese: 1:55pm On May 14, 2025
Racoon:
13 trillion dollars? I mean how Mr Sanwo-Olu? Meanwhile, where are these investments? Even Nigeria's GDP is not even up to $300B. So how did you arrived at this bogus figure?

Even IMF Have told the FG that it proposed 1T investment drive is not feasible given the abysmal rate the Nigerian economy is progressing. So abeg dey lie small small.
He is high grin
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by zoedew: 1:56pm On May 14, 2025
How has that improved the quality of life in Lagos! Lagos remains the rathole it has always been.
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by Doyin2(m): 1:57pm On May 14, 2025
$13trillion!!!!!!☹️

Either Vanguard or Sanwo Olu or both, are insane.🤷🏾‍♂️
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by Gboss247(m): 1:59pm On May 14, 2025
Racoon:
https://www.vanguardngr.com/2025/05/lagos-attracts-13-trillion-in-global-investments-in-six-years/
The same country that is still borrowing dollar loans collateralized with crude to pay foreign investors with a few hundred million dollars investment, enter it's gullible supporters with $13 trillion
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by stainlink(m): 2:02pm On May 14, 2025
Donald Trump went all the way to Saudi Arabia to sign a ground breaking deal of $600B which was termed as monumental.

People tend not to understand the enormous amount a Trillion dollar is.

$13 Trillion is bigger than Nigeria’s budget since independence in many folds.
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by michoim(m): 2:07pm On May 14, 2025
Racoon:
13 trillion dollars? I mean how Mr Sanwo-Olu? Meanwhile, where are these investments? Even Nigeria's GDP is not even up to $300B. So how did you arrived at this bogus figure?

Even IMF Have told the FG that it proposed 1T investment drive is not feasible given the abysmal rate the Nigerian economy is progressing. So abeg dey lie small small.
I think it may be a typo error or else they are rogue liars...
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by GindoX(m): 2:08pm On May 14, 2025
Okay, but where the money dey enter? Why are pensioners not paid? My father waited soteeey, him kpaai huh
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by omoredia: 2:22pm On May 14, 2025
See liars
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by saysoo: 2:25pm On May 14, 2025
fuckJones:
Nigeria GDP is 1.5 trillion dollars
Oga stop this biko. $188.9 billion or something around that.
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by saysoo: 2:28pm On May 14, 2025
stainlink:
Donald Trump went all the way to Saudi Arabia to sign a ground breaking deal of $600B which was termed as monumental.

People tend not to understand the enormous amount a Trillion dollar is.

$13 Trillion is bigger than Nigeria’s budget since independence in many folds.
Trump did not sign yet, only that Saudi promised that investment in infrastructure and AI hence Trump plan also to lift all sanctions from Syria and these Lagos mofo is talking of $13 trillion.
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by ejieddy: 2:40pm On May 14, 2025
Is this man mad? Do you know what $13 trillion is?
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by Moniya4Real(m): 2:50pm On May 14, 2025
I think he meant to say 13t naira.
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by Itzlinda(f): 2:53pm On May 14, 2025
omooba969:
I don't think Jide Sanwo-Olu knows what $13 Trillion looks like, just calling figures as if it's Naira.

Does Lagos look like a place that has actually benefited from a $13 Trillion investment?

This people sef! undecided
It's the journalist
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by jaxxy(m): 2:56pm On May 14, 2025
Interesting...
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by seunoyeleyep(f): 3:04pm On May 14, 2025
That's why Lagosians are living in opulence...Awon oníyèyé.
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by frog12: 3:09pm On May 14, 2025
another lie. na this one go give lecture for Harvard grin grin
does he know what 13 trillions dollars will do for a country huh shocked shocked shocked

our crooks are now teaching grin grin
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by frog12: 3:11pm On May 14, 2025
na him dey teach for Harvard university grin grin grin

ejieddy:
Is this man mad? Do you know what $13 trillion is?
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by Forkthiefnubu: 3:15pm On May 14, 2025
23 tri gini , that dirty city with now sewage system ahhhhh APC
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by Obainomilano: 3:17pm On May 14, 2025
Even trump managed to attract 600 billion from Saudi but agbadorian media has come again with a fairytale bogus amount ..if 14 trillion dollars enter Lagos why are there so many agbadorians begging for ewa agoyin up and down from ketu to iyana okpaja
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by lexy2014: 3:20pm On May 14, 2025
Bhella5:
Racoon and other minions are in sifia pains grin
Where did Lagos see $13t?
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by Ilekokonit: 3:33pm On May 14, 2025
What percentage of the $13 trillion did Tinubu corner into his bullion van to use in bribing the Supreme Court Judges in 2027 and future Presidential elections huh
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by shaqhead: 3:36pm On May 14, 2025
casualobserver:
Clearly a sloppy journalist. It’s either $13b or N13t. I think it’s more likely the latter.

You don’t need too much brain power to figure that out.
Some things are obvious and don't need all the unnecessary hoopla I read in here!
Re: Lagos Attracts $13 Trillion In Global Investments In Six Years" - Sanwo-olu by blueAgent(m): 3:37pm On May 14, 2025
Mad useless ppl.
13 trillion audio investments.
Even the GDP of the entire African continent is not more than 4trillion dollars.

Their useless good for nothing Zombie supporters would believe this Lamba.
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