₦airaland Forum

Honorable Minister of State for petroleum and Group Managing Director NNPC Group, Ibe Kachikwu Lead a team to meet China Investors’ at a retreat "Roadshow" which kicked off with a visit to China North Industries Corporation (NORINCO).



Dr. Ibe Kachikwu led his team to successfully sign a potential deal for $8.5 billion of investment with NORINCO.

http://www.newshelm.com/2016/06/photos-ibe-kachikwu-sign-potential-deal.html

That's good. Hope it won't be a waste

And watz d investment about?

Ok

Its o.k, Its alright. Whatz it all about?

That chinese lady on red is hot.

Wadeva

CSTR2:
That chinese lady on red is hot.

Bad guy.Na babe you fit comment on.

cool. but what's the deal about?

One day we will wake up and our leaders would have sold us to China.

Better

b

This is heavy investment

Alexbond:
And watz d investment about?

I wonder too, , , it should have been included

#ISTANDWITHBUHARI

What's the nature of the deal.. ...Are they to guard our pipelines too?

Alexbond:
And watz d investment about?

Does it matter? They invest $8.5b this year, most of it going back to China to buy Chinese equipment and labour and to shipping companies; they get to extract $85.0b in value over the next 10 years; we won't maintain whatever it is; and we still won't have any engineering capacity when all is said and done. Smh

Lather, rinse, repeat. Nigeria, providing value to foreigners since 1800s.

herzern:
please APC should tell us more about the investment ooooh........they should not come and sell Nigeria on our head

Really?

Potential deal is no deal.

nextstep:
Does it matter? They invest $8.5b this year, most of it going back to China to buy Chinese equipment and labour; they get to extract $85.0b in value over the next 10 years; we won't maintain whatever it is; and we still won't have any engineering capacity when all is said and done. Smh

Lather, rinse, repeat. Nigeria, providing value to foreigners since 1800s.

you dey mind them

More gas investments... We need to ramp up our gas infrastructure if we hope to improve power.

nice one

CSTR2:
That chinese lady on red is hot.

Hmmm that guy Standing behind Kachikwu go Don collect her num and bb pin. Who no like better thing...

The China North Industries Corporation, officially abbreviated as Norinco, is a Chinese company that manufactures vehicles (trucks, cars and motorcycles), machinery, optical-electronic products, oil field equipment, chemicals, light industrial products, explosives and blast materials, civil and military firearms and ammunition. Norinco is also involved in domestic civil construction projects.

nextstep:
Does it matter? They invest $8.5b this year, most of it going back to China to buy Chinese equipment and labour and to shipping companies; they get to extract $85.0b in value over the next 10 years; we won't maintain whatever it is; and we still won't have any engineering capacity when all is said and done. Smh

Lather, rinse, repeat. Nigeria, providing value to foreigners since 1800s.

Abi...

Always religiously following the shampoo algorithm...

nextstep:
Does it matter? They invest $8.5b this year, most of it going back to China to buy Chinese equipment and labour and to shipping companies; they get to extract $85.0b in value over the next 10 years; we won't maintain whatever it is; and we still won't have any engineering capacity when all is said and done. Smh

Lather, rinse, repeat. Nigeria, providing value to foreigners since 1800s.

Nigeria needs investments... If we build our gas infrastructure, we get improved power and that has a ripple effect on the economy.

And yes, they will make their profits but that is expected from business.

CSTR2:
That chinese lady on red is hot.

And young, and very involved....

Oh what is the Balance left

herzern:
please APC should tell us more about the investment ooooh........they should not come and sell Nigeria on our head

d same way madueke struck deal that cripple nigeria til tomoro

nice deal