Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion - Politics (2)

Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion (10029 Views)

1 2 3 Reply (Go Down)

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Typing: 10:06pm On Jul 01, 2025

Tinubu Isa scam. He is incompetent. He has succeeded in destroying Nigeria with corruption and incompetence

4 Likes

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by DeepSight(m): 10:20pm On Jul 01, 2025

After all the IMF policies.
We said it over and over again.

Dumb folk keep imagining IMF policies are any good.

3 Likes

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by treatise: 10:28pm On Jul 01, 2025

BlackViper:
https://x.com/thecableindex/status/1938551586273312902?t=3O7Of2lNiMb0GlaqFE0xsg&s=19[/quote]I've just gathered from Voice of Kinikon that Saint Lucia will be investing 98 billion USD this year but don't quote me. 😂

2 Likes

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by lamentor78(m): 10:33pm On Jul 01, 2025

BlackViper:
https://x.com/thecableindex/status/1938551586273312902?t=3O7Of2lNiMb0GlaqFE0xsg&s=19[/quote]Let's continue to pray now , sebi everything in Nigeria is prayers.

Egypt that is not born again is doing well....born again Nigerians.... weldone

1 Like

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Racoon(m): 10:39pm On Jul 01, 2025

Chasing Investors while the economy is plummeting is not wise @ all. Investors know when to invest in a country and not by lies and propaganda. Reality is clearer than ever envisaged.

2 Likes

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by GODISGREAT123: 10:52pm On Jul 01, 2025

Image123:
Another d.ic measuring contest fa. Na this statistics we wan chop? The $35 billion Ras El Hekma coastal development in 2024, led by Abu Dhabi’s ADQ, was a standout: it alone accounted for most of the USD 46 billion FDI inflows.
The Ras El Hekma coastal development project is a large-scale urban, tourism, and investment initiative aimed at transforming Egypt's North Coast into a major international destination. The project, a collaboration between Egypt and the UAE, involves developing a new city with residential areas, hotels, resorts, entertainment venues, and essential services on over 170 square kilometers.
Our Lagos Calabar coastal highway is 700 kilometers and about $10billion but the funding is not FOREIGN so will not be counted as FDI anyway.
Imagine if Nigeria wanted to do something great on 170 square kilometers, opposition will make all kinds of noise and say things like we should continue with what we have on ground.
When Tinubu's FDI results start coming in, hope people will not start having seizures like they do when we remind them of Lagos.

My friend will you please shut up about this Lagos thing. It is sickening already!

Tinubu lied to the entire Southwest that if his party is voted into power, the whole of Southwest would be like Lagos. We have all seen the aftermath.

He lied to the entire Nigeria that if he is voted into power, the entire Nigeria would be like Lagos. He has grabbed it and from the trajectory so far, it is F 9 parallel.

All those lies about building Lagos bla bla bla can only work on the gullible minds. Since Tinubu could not replicate same in Ogun, Osun etc, it should be clear that the position of the opposition that Tinubu did not contribute anything to any progress in Lagos is correct.

So please respect yourself and keep Lagos out of the conversation and out of your mouth

2 Likes

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Kushites: 10:52pm On Jul 01, 2025

As usual. Loud criticism of Tinubu by people with no sense.

The low foreign investment was caused Primarily by the overvalued naira and dual exchange rate, which drove away investors.

Tinubu came in in 2023 and floated the Naira, ending dual exhange rates.

You are looking at 2024 stats and blaming Tinubu for low foreign investment.

Was he supposed to have transformed the investment climate in one year?

Senseless people.

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by lexy2014: 10:53pm On Jul 01, 2025

Image123:
Another d.ic measuring contest fa. Na this statistics we wan chop? The $35 billion Ras El Hekma coastal development in 2024, led by Abu Dhabi’s ADQ, was a standout: it alone accounted for most of the USD 46 billion FDI inflows.
The Ras El Hekma coastal development project is a large-scale urban, tourism, and investment initiative aimed at transforming Egypt's North Coast into a major international destination. The project, a collaboration between Egypt and the UAE, involves developing a new city with residential areas, hotels, resorts, entertainment venues, and essential services on over 170 square kilometers.
Our Lagos Calabar coastal highway is 700 kilometers and about $10billion but the funding is not FOREIGN so will not be counted as FDI anyway.
Imagine if Nigeria wanted to do something great on 170 square kilometers, opposition will make all kinds of noise and say things like we should continue with what we have on ground.
When Tinubu's FDI results start coming in, hope people will not start having seizures like they do when we remind them of Lagos.

why are you blaming opposition for tinubus failure?

I thought he has been travelling for the purpose of bringing "foreign investments"?

where are the "foreign investments"?

how many countries did the president Elsisi and the rest on the list travel to "secure" foreign investments?

I thought you ass lickers and propagators of tinubu propaganda have been saying "tinubu has secured" this and that?

what of the $15b investment he "secured" when he went to India almost two years ago?

is it part of the "Tinubu's FDI results" that you are coming?

4 Likes

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by lexy2014: 10:55pm On Jul 01, 2025

Kushites:
As usual. Loud criticism of Tinubu by people with no sense.

The low foreign investment was caused Primarily by the overvalued naira and dual exchange rate, which drove away investors.

Tinubu came in in 2023 and floated the Naira, ending dual exhange rates.

You are looking at 2024 stats and blaming Tinubu for low foreign investment.

Was he supposed to have transformed the investment climate in one year?

Senseless people.

Oh wow....are you now saying that tinubus foreign exchange policy has failed woefully and has achieved nothing locally and internationally?

by the way, what of the $15b investment he "secured" when he travelled to India almost 2years ago?

where that one de?

4 Likes

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by FreeStuffsNG: 10:58pm On Jul 01, 2025

BlackViper:
https://x.com/thecableindex/status/1938551586273312902?t=3O7Of2lNiMb0GlaqFE0xsg&s=19[/quote]Egypt and credit should not be in the same sentence if you know how heavily indebted Egypt is. Egypt is among the top 5 most indebted country in Africa!

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by happney65: 11:28pm On Jul 01, 2025

Country why no get light. Wey still dey shout "Up NEPA" How do you expect FDI to come?

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Alliswell248: 11:53pm On Jul 01, 2025

I love the way the obidafts are crying.
Something would always be better than nothing.

They can keep crying till 2027, even 2031. Obi would never be President.

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Alliswell248: 11:55pm On Jul 01, 2025

lexy2014:
Oh wow....are you now saying that tinubus foreign exchange policy has failed woefully and has achieved nothing locally and internationally?

by the way, what of the $15b investment he "secured" when he travelled to India almost 2years ago?

where that one de?

Read what he wrote again, you can as well ask someone with a better iq to explain to you. Keep demarketing the country with your noise online.

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by temielects(m): 11:55pm On Jul 01, 2025

So what's the point of comparisons when the second position stands that low, this implies that Egypt has so much attractions more than the rest African countries, nothing new show us the years before this current year.

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Kemetian: 12:04am On Jul 02, 2025

lexy2014:
Oh wow....are you now saying that tinubus foreign exchange policy has failed woefully and has achieved nothing locally and internationally?

by the way, what of the $15b investment he "secured" when he travelled to India almost 2years ago?

where that one de?

How can anything have ''failed woefully'' when it's barely been in force for 2 years?

What schools did you people attend to make you reason like toddlers?

Indian companies pledged $15 billion investment in 2023, and in under 2 years you expect their investments to be on ground here.

Do you realise that major investment projects can take up to 5 or 6 years from conception to actual operation?

You're just kids on this forum. You don't know anything.

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by nwakibie3(m): 12:06am On Jul 02, 2025

Op please from that figure, subtract the millions of dollars used by tilumbu in jumping from one country to another in search of the so called FDI make we know balance. grin

1 Like

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by nwakibie3(m): 12:15am On Jul 02, 2025

Image123:
Another d.ic measuring contest fa. Na this statistics we wan chop? The $35 billion Ras El Hekma coastal development in 2024, led by Abu Dhabi’s ADQ, was a standout: it alone accounted for most of the USD 46 billion FDI inflows.
The Ras El Hekma coastal development project is a large-scale urban, tourism, and investment initiative aimed at transforming Egypt's North Coast into a major international destination. The project, a collaboration between Egypt and the UAE, involves developing a new city with residential areas, hotels, resorts, entertainment venues, and essential services on over 170 square kilometers.
Our Lagos Calabar coastal highway is 700 kilometers and about $10billion but the funding is not FOREIGN so will not be counted as FDI anyway.
Imagine if Nigeria wanted to do something great on 170 square kilometers, opposition will make all kinds of noise and say things like we should continue with what we have on ground.
When Tinubu's FDI results start coming in, hope people will not start having seizures like they do when we remind them of Lagos.

At the bolded, This was what you people said during buhari's tenure and up till today nothing to show for all the fruitless travels. Today you are repeating the statement. Oga nothing will come out the fruitless travels jare.

1 Like 1 Share

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by Morizo(m): 12:47am On Jul 02, 2025

[quote author=BlackViper post=135953932]https://x.com/thecableindex/status/1938551586273312902?t=3O7Of2lNiMb0GlaqFE0xsg&s=19[/quote

How can we attract FDI when our president always travel to France for medical tourism instead of getting investment...and now he has traveled to St. lucia. A place smaller than in population that Ojodu Berger junction

1 Like

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by IbnB: 12:55am On Jul 02, 2025

Image123:
Another d.ic measuring contest fa. Na this statistics we wan chop? The $35 billion Ras El Hekma coastal development in 2024, led by Abu Dhabi’s ADQ, was a standout: it alone accounted for most of the USD 46 billion FDI inflows.
The Ras El Hekma coastal development project is a large-scale urban, tourism, and investment initiative aimed at transforming Egypt's North Coast into a major international destination. The project, a collaboration between Egypt and the UAE, involves developing a new city with residential areas, hotels, resorts, entertainment venues, and essential services on over 170 square kilometers.
Our Lagos Calabar coastal highway is 700 kilometers and about $10billion but the funding is not FOREIGN so will not be counted as FDI anyway.
Imagine if Nigeria wanted to do something great on 170 square kilometers, opposition will make all kinds of noise and say things like we should continue with what we have on ground.
When Tinubu's FDI results start coming in, hope people will not start having seizures like they do when we remind them of Lagos.

Chai!! Oga you be Muuumuuu

29 more characters needed

1 Like

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by CryptoPornster(m): 1:36am On Jul 02, 2025

Best economies in Africa
SA tops while Nigeria is 4th but on this list, same SA sits at no 7 but y'all are okay with it but Nigeria case will always be different with you wailers.

If dem ask 90% of those cursing what FDI means, everywhere go quiet like grave yard 😅

Olodo dey form woke

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by jaxxy(m): 1:54am On Jul 02, 2025

This is what happens when u build a country on hype with no substance and an Economy on propaganda. undecided

1 Like

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by watchindelta(m): 4:29am On Jul 02, 2025

Can you invest 🤔 in a country 🤔 without the most important things eg Light. No security. No road. Police and army everywhere taking money from citizens hand on the road. Without this things put in place no country will ever work, no matter the propaganda and lies it will not work. The Truth is bitter to Nigerians. They prefer 😏 suffering and smiling. They hate the truth.

1 Like

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by sonofthunder: 5:01am On Jul 02, 2025

BlackViper:
https://x.com/thecableindex/status/1938551586273312902?t=3O7Of2lNiMb0GlaqFE0xsg&s=19[/quote]The whole of Africa is just suffering.

Nigeria should be doing 10bn in a bad year

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by esemes256: 7:52am On Jul 02, 2025

Arostar2023:
Even DRC got more foreign direct investments than Nigeria? Unless you are a mafia, or have no qualms with illegalities (example Chinese companies), investing millions of dollars in Nigeria can be gut wrenching. You stand to make huge profits oO, but...

Congo DR has some of the most precious metals on earth, including rare earth metals. There are huge rewards to be gained despite the risks in the country. That is a possible explanation.

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by SalamRushdie: 7:57am On Jul 02, 2025

Under Jonathan Nigeria attracted more FDI than any country in Africa but under APC we can't even attract 1.2 billion dollars ...no amount of propaganda can hide the failure of the Buhari and Tinubu regimes , they are monumental failures

1 Like

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by blackboy(m): 7:59am On Jul 02, 2025

Even the so called attracted by Nigeria where is it to show? Insecurity , corruption in civil service/government and poor power Nigeria can never meet any where near Egypt untill those problems are solved.
No country is perfect but Nigeria's own is a norm and the government is not ready to solve it. Are we to blame the common man? Yes and no. If the government can seriously face the insecurity, power problem and punish corrupt officials everyone will sit tight. Change will take place

1 Like

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by SalamRushdie: 7:59am On Jul 02, 2025

CryptoPornster:
Best economies in Africa
SA tops while Nigeria is 4th but on this list, same SA sits at no 7 but y'all are okay with it but Nigeria case will always be different with you wailers.

If dem ask 90% of those cursing what FDI means, everywhere go quiet like grave yard 😅

Olodo dey form woke

🤡🤡. When you realize in 2014 Nigeria attracted more FDI than any country in Africa and was also the biggest economy in Africa them you will also realise how much APC has damaged the economy and your own future...keep supporting nonsense thinking it's all games

1 Like

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by lexy2014: 8:45am On Jul 02, 2025

Kemetian:
How can anything have ''failed woefully'' when it's barely been in force for 2 years?

What schools did you people attend to make you reason like toddlers?

Indian companies pledged $15 billion investment in 2023, and in under 2 years you expect their investments to be on ground here.

Do you realise that major investment projects can take up to 5 or 6 years from conception to actual operation?

You're just kids on this forum. You don't know anything.

since you are not part of the "kids on this forum" and you attended schools that don't make you reason like a toddler, I am surprised you cant simple questions.

1. Oh wow....are you now saying that tinubus foreign exchange policy has failed woefully and has achieved nothing locally and internationally?

2. by the way, what of the $15b investment he "secured" when he travelled to India almost 2years ago?

3. where that one de?

1 Like

Re: Egypt Attracted $46 Billion FDI While Nigeria Attracted $1.08 Billion by lexy2014: 8:46am On Jul 02, 2025

Alliswell248:
Read what he wrote again, you can as well ask someone with a better iq to explain to you. Keep demarketing the country with your noise online.

are you saying that you dont have a better IQ hence your inability to answer my questions?

1. Oh wow....are you now saying that tinubus foreign exchange policy has failed woefully and has achieved nothing locally and internationally?

2. by the way, what of the $15b investment he "secured" when he travelled to India almost 2years ago?

3. where that one de?

1 2 3 Reply

Egypt Attracted 43 Times More FDI Than Nigeria • Only Four States Attracted $1.08bn Capital Inflows, Despite Govts’ Trips Abroad • Osinbajo At Forbes Awards, Says Nigeria Attracted $10bn Investment This Year • 2 • 3 • 4

War In ADC As Obidients Fight Other Members Over Abuja Local Elections • Soludo Says Aganga Is Either Ignorant Or Lying • Obiano: Anambra Conference Center To Host Soludo's Swearing-In