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China To Invest $250 Million On Ibadan Dry Port (photo) - Investment - Nairaland

Nairaland Forum › Nairaland General › Investment › China To Invest $250 Million On Ibadan Dry Port (photo) (28140 Views)

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China To Invest $250 Million On Ibadan Dry Port (photo) by afroniger(op): 9:49am On May 11, 2019
Chairman of China Railway Construction Corporation Limited (CRCC), Mr Fenjian Chen has revealed plans to invest in a dry port in Ibadan, Oyo state, in a bid to decongest the Lagos port and speed up clearance of goods.

According to him, the projects undertaken by the company has 18,000 local employees and hopes to create about 40,000 jobs and help Nigeria shore up its infrastructures.

Chen made this known on Friday when he led a high-powered Chinese delegation on a visit to meet President Muhammadu Buhari in Abuja.

“The sum of $250 million dollars will be invested on a dry port in Ibadan, Oyo State, and it will decongest the ports in Lagos, and speed up clearance of goods by the Customs Service.

“Part of projects CRCC is undertaking include railway, dry port, free trade zone, and building of highways. About 40,000 more jobs are to be created from these.”

President Buhari who played host to the Chinese team lauded the company for their “genuine efforts to improve our infrastructural development,” and expressed commitments to support them to revive Nigeria’s old infrastructure.

“We are very grateful to China for the effort to rebuild our infrastructure, and for bringing technical expertise to the country. We will give the required support and cooperation, so that our old, out of date, and collapsed infrastructure might be turned around.”

He promised to personally pay attention to the many projects being undertaken in the country, for the good of Nigerian people.
https://www.channelstv.com/2019/05/10/china-to-invest-250-million-on-ibadan-dry-port/
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by whitebeard(m): 9:54am On May 11, 2019
I say we decline..!!
16 Likes 3 Shares
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by afroniger(op): 9:57am On May 11, 2019
This is big. Along with the Oyo free trade zone this will further open up the state for more accelerated growth.
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by bluke(m): 9:59am On May 11, 2019
no water,
no electricity,
no health service,
no good schools yet millions on dry port.
ibadan to lagos is how many km.


thats why Jesus wept.
33 Likes 9 Shares
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Bright4(m): 10:02am On May 11, 2019
China againnnnn!!!

i'm begin to think we had mortgaged Nigeria to china.

No wonder peter obi was so concerns abt the country so called CHINA. huh undecided
18 Likes 3 Shares
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Ofemannnu: 10:24am On May 11, 2019
bluke:
no water,
no electricity,
no health service,
no good schools yet millions on dry port.
ibadan to lagos is how many km.


thats why Jesus wept.
lol
Share
Re: China To Invest $250 Million On Ibadan Dry Port (photo) by aremuforlife(m): 11:02am On May 11, 2019
SW should continue with industrialising the region.
Let every state in the West feel the impact
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by festacman(m):
Good development in terms of creation of jobs, opening up the economy with its multiplier effects and reducing the 'confusion' in Lagos.

Can somebody help me tell Governor Obiano to please leverage his bold relationship with President Buhari to reach out to the some Chinese investors for a joint venture to build and operate Onitsha port.
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Nobody: 11:17am On May 11, 2019
This is very bad, every region want port now thinking that's investment.
4 Likes 2 Shares
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by QuotaSystem: 2:05pm On May 11, 2019
Brilliant development to help decongest Lagos.

This would have been impossible without the new Lagos-Ibadan railway. Kudos to Amaechi & President Buhari.
32 Likes 4 Shares
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Nobody: 2:06pm On May 11, 2019
Soon the chinese will take that port when you cant pay back the debt.
15 Likes 1 Share
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by babeosisi: 2:06pm On May 11, 2019
This Nigeeian romance with China will produce nothing but deformed babies
Mark.my words
11 Likes 4 Shares
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Chukwurah003: 2:06pm On May 11, 2019
Next Level. Haters should eat sh!t
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by seedsower(m): 2:07pm On May 11, 2019
Useless and wicked people/govt, what happen to making River Niger a seaport? Lot of people will not have any business coming to Lagos is the seaport business is decentralized. Yet SW will keep claiming to be accommodating. Lagos is a necessity because of the seaports.
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Destroyerofyeeb: 2:07pm On May 11, 2019
Wailers would soon arrive here now and say China is colonizing Oyo state,they forget that Oyo state also shares boundaries with Benin republic alongside Ogun state.
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Benekruku(m): 2:08pm On May 11, 2019
[s]
babeosisi:
This romance with China will produce nothing but deformed offspring
Mark.my words
[/s]
18 Likes
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by preacherz: 2:08pm On May 11, 2019
that's commendable..... just start it off already.
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Benekruku(m): 2:09pm On May 11, 2019
[s]
bluke:
no water,
no electricity,
no health service,
no good schools yet millions on dry port.
ibadan to lagos is how many km.


thats why Jesus wept.
[/s]
[s]
bluke:
no water,
no electricity,
no health service,
no good schools yet millions on dry port.
ibadan to lagos is how many km.


thats why Jesus wept.
[/s]
[s]
bluke:
no water,
no electricity,
no health service,
no good schools yet millions on dry port.
ibadan to lagos is how many km.


thats why Jesus wept.
[/s]
[s]
bluke:
no water,
no electricity,
no health service,
no good schools yet millions on dry port.
ibadan to lagos is how many km.


thats why Jesus wept.
[/s]
[s]
bluke:
no water,
no electricity,
no health service,
no good schools yet millions on dry port.
ibadan to lagos is how many km.


thats why Jesus wept.
[/s]
[s]
bluke:
no water,
no electricity,
no health service,
no good schools yet millions on dry port.
ibadan to lagos is how many km.


thats why Jesus wept.
[/s]
[s]
bluke:
no water,
no electricity,
no health service,
no good schools yet millions on dry port.
ibadan to lagos is how many km.


thats why Jesus wept.
[/s]
14 Likes
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Nobody: 2:09pm On May 11, 2019
seedsower:
Useles and wicked people/govt, what happen to making River Niger a seaport?
stupid! How do you make a river into a seaport, there is a reason it is called seaport not riverport.
40 Likes 4 Shares
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Nobody: 2:10pm On May 11, 2019
Every DEVELOPMENT is just skewed to a particular region. Making other regions look less HUMANS or less countrymen.

Too BAD for National Health
1 Like 2 Shares
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Nathdoug201: 2:10pm On May 11, 2019
Make them just sell the country give China abeg
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by iammo(m):
grin


Ibadan Amaka!!,

Ndi Marginalisation Ajoka!!!,

Why wont Southwest have the Highest Internally Generated Revenue, when Foriegn Direct Investment keeps rushing in from left , right , center. Even local ones like dangote Rifinery, power plants , manufacturing company etc
.
If Nigeria Splits today Our Power Plants Contribution to the National Grid is more than enough to Power only SouthWest 24/7, West Africas largest refinery seats on our land, three of our States (Ogun , Oyo, and Lagos) are now connected with standard guage railway, more states to come onboard, We have the most functional Seaport, with more springing up in ibeju lekki and Ondo state, all internationaly ranked Universities Like Convenant Uni and University Of Ibadan and many more is in Southwest, Our International Airports have so many international carreers coming in daily, almost all embassy are here. while some people keep using there Federal allocation to share kerosine, Build Statue and give lawmakers life Pension we are brain storming on our future, yet they think enving us or hating Tinubu would change anything


.
62 Likes 8 Shares
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by seedsower(m): 2:11pm On May 11, 2019
lilwetdick:
stupid! How do you make a river into a seaport, there is a reason it is called seaport not riverport.
You mean you are stupid right? Oh yes.
4 Likes
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Nobody: 2:11pm On May 11, 2019
seedsower:
Useless and wicked people/govt, what happen to making River Niger a seaport? Lot of people will not have any business coming to Lagos is the seaport business is decentralized. Yet SW will keep claiming to be accommodating. Lagos is a necessity because of the seaports.
Don’t Worry
People are watching
Share
Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Chukwurah003: 2:11pm On May 11, 2019
bluke:
no water,
no electricity,
no health service,
no good schools yet millions on dry port.
ibadan to lagos is how many km.


thats why Jesus wept.
You lack wisdom
18 Likes 2 Shares
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Iamgrey5(m): 2:11pm On May 11, 2019
Someone wanted to sell a land for me along that place in Ibadan for 300k


I am thinking it will be a good investment, if this Chinese investment is true o grin
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by UKBobo(m): 2:12pm On May 11, 2019
Lol..dem go rename region Ibadanzhou.
7 Likes
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by Chukwurah003: 2:12pm On May 11, 2019
babeosisi:
This Nigeeian romance with China will produce nothing but deformed babies
Mark.my words
For you alone
13 Likes 1 Share
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Re: China To Invest $250 Million On Ibadan Dry Port (photo) by seedsower(m): 2:12pm On May 11, 2019
lilwetdick:
stupid! How do you make a river into a seaport, there is a reason it is called seaport not riverport.
River cannot make a port but dry land can. Anu mpama!
3 Likes 1 Share
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