₦airaland Forum

Why did the maigaskya lie naa?
Was that just to justify the claim that foreign investors are falling over themselves to invest in Nigeria?
Haba maigida

Haba mana

General Electric (GE) has put paid to claims by President Muhammadu Buhari that the company is investing $2.2billion in the country, rather it is investing $150million.
Chief Executive of General Electric, Mr. Jay Ireland in statement on Monday said: “There are development projects where we are investing, GE would also invest in oil and gas industry projects in Africa in coming years.”

Ireland said the Nigeria investment was part of a plan to spend $2 billion in Africa in coming years with $150 million earmarked for investment in Nigeria.

President Muhammadu Buhari, on Saturday in a speech marking Nigeria’s Independence Day, said GE was “investing $2.2 billion in a concession to revamp, provide rolling stock, and manage” some of the country’s railway lines.

“On railways, we have provided our counterpart funding to China for the building of our standard gauge Lagos -Kano railway.

“Meanwhile, General Electric is investing two point two billion USD in a concession to revamp, provide rolling stock, and manage the existing lines, including the Port Harcourt-Maiduguri Line.”

GE’s investment destinations are Nigeria, Kenya, Ethiopia, Ghana and Angola
Source: https://thewhistler.ng/story/ge-contradicts-buhari-says-we-re-investing-only-150m-not-2-2bn

https://thewhistler.ng/story/ge-contradicts-buhari-says-we-re-investing-only-150m-not-2-2bn

anonimi
blueto
emmm God save me ( modath )
theV0ice (my friend will still have logical explanation for me

No surprise that DullardPoo just told another LIE.
Since they have FAILED to deliver on their campaign promises, they are running a government on lies and fabricated FALSEHOODS.
A bunch of rotten baggage and destructive shit.

www.nairaland.com/attachments/3131247_cu55se7vaaaykzj_jpeg8d3b0e22c761643e651e5d09f82d1552

agabaI23:
anonimi
blueto
emmm God save me ( modath )
theV0ice (my friend will still have logical explanation for me

How ya doing?

...Zombies :: Buhari can do no wrong

...South West Zombies :: Buhari is finished..Tinubu will deal with him

...Northern Zombies :: Buhari till 2023

...Five Percent :: Who Cares

modath:
How ya doing?

Ayam fai
You?

agabaI23:
theV0ice (my friend will still have logical explanation for me

my brother, there's no way or need to spin this. Bubu danced with the 'facts' and was rightly called out. GE truly has investment plans of $2.2B for Africa but not for Nigeria alone.

You're free to crucify him

theV0ice:
my brother, there's no way or need to spin this. Bubu danced with the 'facts' and was rightly called out. GE truly has investment plans of $2.2B for Africa but not for Nigeria alone.

You're free to crucify him

Haha, good to know lol.

How have you been?

Hopefully we won't wake up one day to hear that $1= N1000

agabaI23:
Haha, good to know lol.

How have you been?

Hopefully we won't wake up one day to hear that $1= N1000

I've been very good o

Well, it wouldn't have been a bad thing if only we had things to export in large quantities apart from crude.

theV0ice:
I've been very good o

Well, it wouldn't have been a bad thing if only we had things to export in large quantities apart from crude.

That's great.
We have so much to export but it appears the government is hell bent on finding oil in the north (Chad Basin and nowBenue)

i smell lies..someone shud epp me with that pix

How was this go at elected as our president
Shame on whoever elected this goat as president

agabaI23:
That's great.
We have so much to export but it appears the government is hell bent on finding oil in the north (Chad Basin and nowBenue)

Prospecting for oil isn't a bad thing even if we are talking diversification. Sensible countries and oil companies build up reserves to take advantage of possible price hikes in future. As wells mature, production drops so getting more fields active is a wise thing to do. Whether there's justification for the expedition up north is another matter.

Our govts keep playing mumu politics with the solid minerals sector and lip service to the agric sector. I paid a visit to a massive private farm in Oyo state last month and was pleasantly surprised that some individuals have bought into the agricultural initiative wholeheartedly. Travelling through the state from one LGA to another, I saw new farms springing up However the farmers lamented that govt isn't encouraging them. Its really sad because the country would really benefit from the output these farms are capable of.