₦airaland Forum

nedu666:
In other words Nigeria breweries, guniness are bad investment. Heineken should have invested the billions of dollars it spent building factories in fixed deposits at 10%. Even nestle should close their factory and invest the money in fixes deposits. You can educate the ignorant. Ignorant people always think their opinions are sensible

naijapips02:
You seem not to understand simple economics. I invested N1m in Dangote's business and I'm making less than N30K from my N1m in one year. Infact if they bring that kind of investment to you, I'm sure you will flog that person.

ariefadenco:
There is nothing like simple economics here, if there is, then you do not understand the simple economics.

Now the Peter Obi's investment receives dividend of about 300 million Naira for the government of Anambra state annually while still employing not less than 500 indigenes.

The amount that was invested in the company has appreciated in value as the value of the shares are no longer thesame.

If the government of Anambra state is no longer interested in the business they can sell their entire shares in the company and make profit in folds.

Mind you, it would not take the government more 7 days to have the said shares taken over by interested buyers.

Again, the government invested about 2billion Naira at the time, now receiving dividend of of about 300 million a year, it would take the company less than 10 years to recover it's total invested sum.

Either ways, it is a very good investment to me.

naijapips04:
During Peter Obi's administration, he invested $12,616,356.43 approx $13m US dollars into sabmiller.

If you fix $13m at a mere 10% annual interest rate, you will be making a cool $1.3m or about N3 billion Naira every year.

With what was declared by Anambra state government, Sabmiller is not anywhere generating this on the investment Anambra state stashed into it.

Soludo is right. That investment is worthless. A good business man would have turned that $13m multiple folds by now.

Peter Obi used Anambra state finances to grow a business he has personal interests in.

naijapips02:
I was hoping you wouldn't bring this up. If the state government wants to sell that investment, they wouldn't get up to the $13m initial investment. This is why soludo said the value is next to nothing. Do you know how many employment N3 billion can create? Not just factory brewery jobs

ariefadenco:
To answer your question, the N3 billion Naira is creating 500 jobs which is a good one and still generate 300 million in dividend which is 10 percent ROI. There cannot be a better investment than this.

Tell me one company in Nigeria with an investment of 3 billion with ROI of 300 million and still creates not less than 500 jobs.

Dangote refinery is not as profitable as this Peter Obi's investment. At this rate, Dangote's refinery with over 20 billion dollar in investment should employ not less than 500 thousand persons directly. You know what, it's not employing half of that number. Bias won't allow you to see it factually.

It's a simple arithmetic, if 13 million dollars investment can employ 500 persons how many persons would a 20 Billion dollars company employ?

naijapips02:
If I fix that 13 million dollars @ 10% , the 1.3 million dollars (3 billion Naira) I will be getting every year can build multiple schools and support multiple small businesses. That is how government works. The only reason Obi invested in a brewery is because he has personal interests in the same brewery. He was using state funds to grow revenues so his shared an appreciate. Obi is into importation of winery and alcoholic beverages.

ariefadenco:
You speak very ignorantly my brother.

Tell me the bank in Nigeria that would give you 10 percent interest. There is no such bank.
Just mention one!

ariefadenco:
You speak very ignorantly my brother.

Tell me the bank in Nigeria that would give you 10 percent interest. There is no such bank.
Just mention one!

rinzaugustine:
I know you must be Agbado with this reasoning that believes Peter Obi was buhari, emefiele, tinubu and Cardozo that crashed naira from its value of less than 150 naira when Obi invested in sabmiller to present value of almost 2,000 naira . Inspite of these destructive policies of Agbado which they blame Peter Obi for sabmiller still generates more revenue than than the brewery in Ogun and Edo combined . Everything Peter Obi touches turns to gold but everything tinubu touches…….

naijapips04:
Ofeke. Zuzupu.

Sabmiller was a senseless investment. There are so many empowerment schemes that were possible with that investment. Meanwhile Obi choose to lump a whooping $13m into an investment that is generating less than 5% in annual returns while the people suffer. No government presence. No investment on infrastructure. All because he wants to improve the books of a company he has personal interests and investments in.

naijapips04:
I'm sure not building an alcoholic brewery as a means to empower my people.