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Nairaland Forum / Nairaland / General / Politics / Abia State Secures $1.5B Deal From China Shoe Factory (30247 Views)
World Bank To Donate $1.5b To Each States In Nigeria / EFCC Traces $1.5b To Swiss Bank,inspects Her N7.1bn Mansions In Dubai / Photos: Aba Chinese Shoe Factory To Generate 30,000 Jobs (2) (3) (4)
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Re: Abia State Secures $1.5B Deal From China Shoe Factory by eagleeye2: 12:04am On Apr 17, 2017 |
Originalsly:He will soon insult you and call you Afonja....... Someone is saying 'partnership'. I wonder when giving a loan becomes partnership. Let me come and be going, before I will be told my life history on NL. 2 Likes |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by Allwility: 12:06am On Apr 17, 2017 |
I'm amazed at the level of reasoning here. I want to believe people still have the ability to comprehend and analyze simple information. FYI: 1. This deal, if it pulls through, would be a major FDI (Foreign Direct Investment) for the state. Like any FDI, the bigger share of the profits would be repatriated home but hey, if you have a problem with that why haven't you yourself invested in something like this all this while? We need more of this kind of investment. 2. The shoes produced would be for export. That's a source of revenue for our economy. 5000 shoes per day for export is not beans!! Do you know how much the country stands to make from this alone? 3. 10,000 people off the streets and unemployment market is not such a bad idea. 4. It would help open up the hide and skin industry in Kano as they would seek to source their raw materials locally. 5. A project valued at $1.5B is a lifeline for any economy. Why do you think Trump has been clamouring for returning jobs to the US and slamming 45% tariffs on Chinese products? Seriously, this deal is much better than hiding money in forests, burial grounds, towers and all those other bad bad places. Good one OVI. 1 Like |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by kolaaderin: 12:16am On Apr 17, 2017 |
pchukwudi: Actually that could be impressive if they could tell us the actual amount definitely not $1.5b in a shoe making factory. Please ask questions cos what I see if that amount is real is a state about to be sold lies for cheap political points. Kudos to him on that initiative but I disagree with the deal value. |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by Okadalifestyle(m): 12:17am On Apr 17, 2017 |
meezynetwork:Seriously you don't know why nothing works in Nigeria? You must come from the Arctic region |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by porozhniy(m): 12:20am On Apr 17, 2017 |
Cargoed:I understand your fears bro, but it's my hope that the Abia state govt lures more indigenous investors to set up leather tanneries & factories to produce soles, laces, adhesives. The local tanneries can be supplied by small holder ranches & piggeries. |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by buffalowings: 12:38am On Apr 17, 2017 |
If you read between the lines Aba a city renowned for craftsmanship will have the shoemakers working under a foreign company Anyway make I dey go |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by Masterchef(m): 12:44am On Apr 17, 2017 |
deomello: This is probably going to be $15m or $150m. |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by MarkGeraldo(m): 12:45am On Apr 17, 2017 |
Everything will end his pocket so guys, ur eyes off the money |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by buffalowings: 12:48am On Apr 17, 2017 |
Originalsly: Just wait for the disparaging comments coming your way. These guys will bring in machinery where every point of production will be full automated needing only a few hands to operate the machinery rendering the laval ones useless Does everyone just ignore those pictures where a line of shoe parts is laid beside a machine Aba guys don't need a yellow man to put them through these things Procure these machines for them Anyway this is another way to score cheap political point 1 Like |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by Allwility: 12:50am On Apr 17, 2017 |
deomello: I believe the $1.5B is the expected product output. But don't be surprised, the dailymail of UK says the company has a $1B facility in Ethiopia. http://www.dailymail.co.uk/news/article-3824617/Trump-factory-jobs-sent-China-never-come-back.html |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by Bollinger(m): 12:52am On Apr 17, 2017 |
pchukwudi: Saw what coming? What are you? 12? Do you think this is the first time states have been partnering with foreign countries in Nigeria? Nigeria and by extension Nigerians are too decadent, corrupt and selfish to maintain or start anything good. If it were you would have seen the effect in your lives from decades of partnering with countries. |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by househunterman(m): 1:13am On Apr 17, 2017 |
Very encouraging. Meanwhile, ATTENTION Landlords! Problem Tenants? Call the EVICTION specialist simple. easy. very effective Tel: 08033910359 |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by giztzone(m): 1:22am On Apr 17, 2017 |
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Re: Abia State Secures $1.5B Deal From China Shoe Factory by kabaka1: 1:30am On Apr 17, 2017 |
LoveMachine: No mind him/dem. Na another way 4 their thief thief strategy. That money should have to research and development to develop out own tech for our own shoe factory. Own in our patented hi-techs should be a top priority 4 our governors 1 Like |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by Niseamaka(m): 1:39am On Apr 17, 2017 |
Africonji: He is very correct, this is just a PRIVATE FOREIGN INVESTMENT PLAN, don't be over-excited about nothing. The Chinese company will be the principal beneficiary, using Abians as cheap labour. 1 Like |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by 0b10010011: 2:45am On Apr 17, 2017 |
China and Abia The fake products will be classical! |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by DrogoG(m): 2:47am On Apr 17, 2017 |
This will render local shoe producers at Aba jobless! Aba is number one in shoe production in Nigeria and it already employed thousands of Nigerians. So bringing the Chinese to takeover shoe production is not called "bringing investment"! St*upid clueless governor! A smart governor would prefer investment in stuff we don't have or we're far behind in, like production of Solar cells or a factory that produces any type of car parts. Imagine what any of these two businesses would do for Abians and Nigerians as a whole! We've useless people in government who only know how to loot public funds! |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by elegushichilling: 3:39am On Apr 17, 2017 |
drake2000x: why all dis story? when u hav nt even seen d foundation of d industry. Nigerian politician, Lai Mohammed is still a learner. I say wait until u see d industry, just my reasonable advice nd view. |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by Guestlander: 3:41am On Apr 17, 2017 |
drake2000x: This company is actually already in Ethiopia. They will employ local labor for sure but independent shoe makers in Aba will automatically become their competitors. There are advantages and there are disadvantages but I think this is a good development above all. |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by 2uung(m): 4:36am On Apr 17, 2017 |
drake2000x:o ye afonja hater u said dey wil tk design orders frm walmart bt d design wil stil be aba. huajian wil own d design d money nd ur guys wil b d labor force of d company. ur guys wil suggest shoe design if taken in d design bcomz huajian's |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by 2uung(m): 4:41am On Apr 17, 2017 |
drake2000x:samsung wants to invest in nigeria wit $2b is dt a loan? lets assume dey build a factory in nigeria does dt mk d design frm nigeria. c dx dullard insulting afonja. |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by obyrich(m): 4:43am On Apr 17, 2017 |
smartty68:Please read before commenting. |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by LoveMachine(m): 5:04am On Apr 17, 2017 |
kabaka1: We gotta get a piece of that $1.5 billion . They can't keep eating without us. |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by akigbemaru: 5:15am On Apr 17, 2017 |
Cargoed: |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by kerike: 5:21am On Apr 17, 2017 |
Just look at tummy thats where the stolen fund is stashed |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by Hero144: 5:28am On Apr 17, 2017 |
Africonji: What do you know about uche Ogah, pls stop ranting |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by Alphasoar(m): 5:41am On Apr 17, 2017 |
Abia shall be great again whether politicians like it or not!
We shall continue. Nice stride His Excellency! |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by magoo10(m): 6:06am On Apr 17, 2017 |
Its Ovi Ovi Wedone sir |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by jeanyuan(f): 6:09am On Apr 17, 2017 |
we are a chinese fan & light manufacturer. we have exported many of our products to africa. We are fan manufacturing expert which specializes in producing all kinds of fan: stand fan/table fan/box fan/ceiling fan/wall fan/light fan/decorative fan etc. light: wall light/ceiling light/desk light/floor light/our door light etc. we have our own design and R& team. so our products is very creative and beautiful. and the price is very good. pls feel free to contact: email: jeanyuanhd@hotmail.com whatsapp: +8613528150222 for more pics & products details, pls check our facebook link: https://www.facebook.com/jean.yuan.927 porozhniy:
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Re: Abia State Secures $1.5B Deal From China Shoe Factory by kitaatita: 6:15am On Apr 17, 2017 |
pchukwudi:Wait for details. Aba shoes are of higher quality than China shoes. What would the Chinese be doing in Aba apart from bringing in their shoes and personnel to kill off already growing Aba competition. 1 Like |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by gnykelly(m): 6:39am On Apr 17, 2017 |
InyinyaAgbaOku: it is a deception. don't colour you mind with tribalism. this is just a media show off. |
Re: Abia State Secures $1.5B Deal From China Shoe Factory by timunstopable: 6:49am On Apr 17, 2017 |
drake2000x: Nice explanation But do you know all over the world the Chinese flourish with cheap labour..Have you ever considered that the abians they will employ we be paid pea nuts and most of the money will go to the Chinese.. What I think is needed is technology transfer. An arrangement in which aba shoemakers can be merged into one big factory and government support them with funding to get lastest equipment for large scale production |
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