Samorobo's Posts
Nairaland Forum › Samorobo's Profile › Samorobo's Posts
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edon21:Lol, he is trying to play semantics with us.. |
Shma:What happened to that museum tower? When will it be taking off as you said.. |
forgiveness:Sick as hell |
jln115:Should we correct our mistake? ![]() |
jln115:You are in limbo, constantly drawn to your third world side...SA is third world.. |
edon21:I Taya oooo |
jln115:Yes you've been a boar..you just said that |
jln115:You are stucked in limbo and you are happy...you (SA(are like an hybrid drawn close to it werewolf side and fast loosing it's potential as an immortal superior vampire . |
jln115:Mumu..try harder... Bus KO,taxi Ni ![]() |
jln115:So basically this is who you are.. |
BeforeJuly:Let it slide. |
Kazikazi:Yes East Africa is the giant Anus of Africa, save for TZ, Mauritius, Seychelles ![]() |
Just30:Don't feed the troll... I can't believe jiln5 also sucks like shma.. |
FG secures $1.45bn to complete Ajaokuta Steel Complex Minister of Mines and Steel Development, Mr Olamilekan Adegbite In her renewed determination to diversify sources of income and create employment, the Federal Government has secured a $1.45 billion funding to finally complete Ajaokuta Steel Complex. Already, the Federal Minister of Justice has been mandated to study all previous agreements that could serve as an encumbrance to the realisation of the project and resolve them once and for all. Minister of Solid Minerals Development, Olamilekan Adegbite, who disclosed these facts at the weekend in Abuja said that Ministry of Finance, Budget and National Planning, which was also represented on the team set up by President Muhammadu Buhari was looking at some of the figures. According to him, the process to complete the project commenced with the bilateral meeting between Nigeria’s delegation led by Buhari to Russia in 2018 and Russian Delegation led by Mr Vladimir Putin during the Russia/Africa summit. “President Buhari and President Vladimir Putin of the Russian Federation had an agreement on a government to government basis where the Russian Government being the original builders of Ajaokuta would come back and help us to complete whatever is left. “They will do some equipment audit. The plant is currently okay. Nothing has been looted, the plant is there and is running fine. “The process of the completion has started but for COVID-19, Russians would have arrived for the technical audit. They were supposed to come in late February to start the technical audit. “The technical audit would lead to a concrete document like a bill of engineering measurement and evaluation which will give us a concrete that will tell us about the cost. “Unfortunately, COVID-19 restriction leading to lockdown in airspace prevented that from happening. As soon as this is lifted globally, these technical people would come in to do their job,” he explained. He said the plan was to ensure that the project was completed and functional b |
Nigeria expect first gold output in 2021 as Thor exploration finalize AFC funding deal With focus on Nigeria’s First gold production is scheduled for the second quarter of 2021. TSX-V-listed Thor Explorations has executed its definitive documents with the Africa Finance Corporation (AFC) to secure all the funding needed for the Segilola gold project, in Nigeria, and has made the final investment decision to proceed with construction. Construction at the project will continue following the implementation of Covid-19 procedures at the project in accordance with industry best practice and the guidelines as set out by the Osun state government and the Ministry of Mines and Steel Development in Nigeria. The executed definitive documents include a subscription agreement with the AFC regarding a private placement of common shares of the company to AFC of C$5.6-million through the issuance of 28.2-million common shares at C$0.20 a share. Thor also announced the proposed issuance of 34.7-million common shares against $5-million of invoices under the engineering, procurement and construction schedule. In aggregate, the company expects to close an anticipated total of C$13-million through the issuance of 62.9-million common shares at C$0.20 a share. Tranche 2’s shares will be subject to a hold period of four months and one day after the day of such issuance. The company, through its wholly-owned subsidiary Segilola Resources Operating, has signed definitive documents with the AFC on a $21-million stream agreement, and signed definitive documentation for the provision of $54-million in senior secured credit facility funding. The facility represents the balance of the funding required for the construction of the project. In connection with the facility, Thor will issue 33.3-million common shares to AFC at a deemed price of C$0.20 a share in consideration of the risk taken by AFC. Thor intends to use the net proceeds from the AFC funding as the major component of the capital cost and working capital requirements to construct the project. The total funding |
jln115:We called you that but you insisted that you are not... |
edon21:They lack the proper skill in handling a time machine...they went back to the point where they now sit at home in anticipation of stage-6 eskom load shedding ![]() |
jln115:You were regarded as an industrialized economy as far back as the emergency of Asian tigers.. What happened..Did you run out of strength or sense?.. ![]() |
jln115:Does is say you are not third world? |
jln115:You are a joke... So we've reduced you to the point of now intruding in infantile affair... I used to think you are different buy now I know you are a cunny duplicitous green snake in a green grass.. |
jln115:What will I find in that link? |
edon21:Lol na mumu dey worry am.. SA is third world..no amount of wailing will change that... |
jln115:You are a devil.... You should know west African brain is too sophisticated for your little SA psychological tricks... Try again.. |
edon21:Third world is third world and shiithole is shiithole.. The is no grading system for that.. |
jln115:Then what are you?..I am confused.. Are you black,Chinese,indian or Pakistani..which is it mate.. |
jln115:Third world is third world...there is no grading system.. |
edon21:Put it to rest...no need for all this.. |
popizaino:What is so unusual of me? |
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