The entire world is shocked. See Chevron that was fleeing Nigeria the other day now rushing back to say they want to invest $20 BILLION in new fields.. Not even 4 or 5 billion to test. 20 BILLION DOLLARS.
Then China has said it will inject another $25 BILLION in the new Ogidigben Gas City/Industrial Park in Delta state.
AI Review:
1.....Ogidigben Gas Revolution Industrial Park (GRIP) — large gas-industrial hub
Nigeria has proposed and begun work on a major Gas Revolution Industrial City / Industrial Park at Ogidigben in Delta State.
This project focuses on developing an integrated gas-based industrial complex with gas processing, power generation, fertilisers, petrochemicals, LNG, methanol, aluminium smelting and related industries, designed to add value to Nigeria’s gas rather than simply export raw gas.
The estimated investment has been reported around $20 billion in partnerships between Nigerian interests and international firms (including China National Chemical Engineering International Corporation — CNCEC).
This Ogidigben GRIP project is often described as “Africa’s largest Gas City” in planning documents and industry commentary.
2..... $25 billion gas pipeline projects tied to export infrastructure
Instead of a standalone Gas City project, another $25 billion investment figure is tied to Nigeria’s energy export plans:
Nigeria is pursuing a $25 billion West African gas pipeline — the Nigeria–Morocco Gas Pipeline (NMGP) — expected to span roughly 5,000–6,000 km across 13 countries, carrying natural gas from Nigeria’s Niger Delta toward Europe via the Maghreb-Europe pipeline system.
This initiative is envisioned as both an export infrastructure project and a regional energy integration corridor benefiting West African states.
Discussions and investment calls for this pipeline (including undersea sections) often quote a $25 billion cost.
fineboynl: I petty Nigerians that depending on damgote. You people should forget that man.
His price is now been use as a template. Notice anything he drop price others follows. And anytime he increase price others still follow.
I pity those children's online insulting their elders because of damgote. You want government to ban import because of damgote. You people are too young to be descussing politics. Listen when people that knows the history of this country speaks.
Thank you
@ bold, when they say Nigerians are short memory folks, it never came to me as a surprise
Kids still eating under parents roofing na im full this nairaland
Dalohad: He didn't commit any offence, he simply swallowed tax payers money and dashed a good chunk to yellow paw paw imported Oscro.
He needs you and your father to work more harder and pay more 40% taxes off your salaries, so that he can import 20 more yellow paw paw oscros to give him back rubs in his private jet at 50,000 feet above sea level, while he smiles down sheepishly at you- his beasts of burden.. .
How about that?
You even have time to reply him
Don't you know what is called suffering and smiling?
Ahayalift: But since that first bombardment the Problem has increased instead of reducing. I personally think more sincere Dialogue between our Government and the Herdsmen would be a more effective Solution. If they say what they want to completely drop arms and Sign Agreement, there would be permanent Peace. I still believe that Africans should be able to solve our Problems amicably without involving them. See: https://www.nairaland.com/8598251/not-maga-new-song-alert