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Nigeria Investment Update This Week. by mubaraqqq(f): 9:05pm On Aug 08, 2013
Investments in Nigeria

• U.S agency to invest $250m in Nigeria food security : A U.S-based multinational food security company, Blumberg Grains, is to invest $250 million in large scale food storage facilities in Nigeria, a statement by the Ministry of Agriculture and Rural Development in Abuja revealed.Dr. Akinwunmi Adesina, the Minister of Agriculture and Rural Development, and Mr. Philip Blumberg, Chairman Blumberg Grains, had signed the Letter of Intent (LoI) for the establishment of the facilities.
• Barclays’s Absa plans to expand in Nigeria with N19bn : Absa Group Limited, the Johannesburg- based lender acquiring most of parent company Barclays Plc African assets, said it’s interested in entering the Nigerian market as it boosts its presence across the continent. The bank needs a competitive advantage before it can enter the country, Absa Chief Financial Officer Mr. David Hodnett said, adding that the bank could take advantage of its experience in corporate banking.
• Blumberg Grain plans N40bn investment in agric sector : Blumberg Grain, one of the world’s largest food security companies has unveiled plans to invest $250 million (about N40 billion) in a food processing company in the country in demonstration of its confidence in and support for the ongoing Agricultural Transformation Agenda (ATA).
• Saudi firm targets Nigerian investors with $33m real estate : Riyadh-based Kingdom Hotel Investment has announced the investment of over $33 million in Ambassador Heights in Accra, Ghana.


Source: http://www.shikenan.com/article-details/best-of-naija-weekly/online-nigeria-weekly-round-up-august-1

1 Like

Re: Nigeria Investment Update This Week. by mickey5000(m): 9:50am On Aug 09, 2013
Nice
Re: Nigeria Investment Update This Week. by kelvincoll(m): 3:33pm On Aug 10, 2013
Naija is working, I'm happy with this Min of Agric
Re: Nigeria Investment Update This Week. by kelvincoll(m): 3:33pm On Aug 10, 2013
I see Light @ the end of the tunnel.

1 Like

Re: Nigeria Investment Update This Week. by hrmkz: 3:34pm On Aug 10, 2013
Hoping all materialised and not hijack by polithiefcians.
Re: Nigeria Investment Update This Week. by olas24u(f): 3:39pm On Aug 10, 2013
Bloody lies
Re: Nigeria Investment Update This Week. by Nobody: 3:44pm On Aug 10, 2013
To milk us dry or to benefit Nigerians?

1 Like

Re: Nigeria Investment Update This Week. by Nobody: 3:44pm On Aug 10, 2013
Good for me, don't know about you.
Re: Nigeria Investment Update This Week. by Piro4rl(m): 3:48pm On Aug 10, 2013
hope it come to reality
Re: Nigeria Investment Update This Week. by Nobody: 3:50pm On Aug 10, 2013
When did a letter of intent become an investment?

2 Likes

Re: Nigeria Investment Update This Week. by Fazhy: 3:53pm On Aug 10, 2013
mubaraqqq: Investments in Nigeria

• U.S agency to invest $250m in Nigeria food security : A U.S-based multinational food security company, Blumberg Grains, is to invest $250 million in large scale food storage facilities in Nigeria, a statement by the Ministry of Agriculture and Rural Development in Abuja revealed.Dr. Akinwunmi Adesina, the Minister of Agriculture and Rural Development, and Mr. Philip Blumberg, Chairman Blumberg Grains, had signed the Letter of Intent (LoI) for the establishment of the facilities.
• Barclays’s Absa plans to expand in Nigeria with N19bn : Absa Group Limited, the Johannesburg- based lender acquiring most of parent company Barclays Plc African assets, said it’s interested in entering the Nigerian market as it boosts its presence across the continent. The bank needs a competitive advantage before it can enter the country, Absa Chief Financial Officer Mr. David Hodnett said, adding that the bank could take advantage of its experience in corporate banking.
• Blumberg Grain plans N40bn investment in agric sector : Blumberg Grain, one of the world’s largest food security companies has unveiled plans to invest $250 million (about N40 billion) in a food processing company in the country in demonstration of its confidence in and support for the ongoing Agricultural Transformation Agenda (ATA).
• Saudi firm targets Nigerian investors with $33m real estate : Riyadh-based Kingdom Hotel Investment has announced the investment of over $33 million in Ambassador Heights in Accra, Ghana.

And which state will benefit this?

3 Likes

Re: Nigeria Investment Update This Week. by Tintinix: 4:16pm On Aug 10, 2013
Fazhy:

Hope all this is coming to Lagos and suburbs.
You wish.... tongue
Re: Nigeria Investment Update This Week. by PeterKbaba: 4:19pm On Aug 10, 2013
Fazhy:

Hope all this is coming to Lagos and suburbs.

Offcourse! Were else?

1 Like

Re: Nigeria Investment Update This Week. by PeterKbaba: 4:29pm On Aug 10, 2013
Tintinix:
You wish.... tongue

Investors are not Nigerians with sentiments, they look for were the is over population with educated people... Peaceful and Purchasing Power Parity

2 Likes

Re: Nigeria Investment Update This Week. by KwoiZabo(m): 4:30pm On Aug 10, 2013
Goodluck is working, the economy is growing, haters still hating.

1 Like

Re: Nigeria Investment Update This Week. by Nobody: 4:39pm On Aug 10, 2013
KwoiZabo: Goodluck is working, the economy is growing, haters still hating.

When will you guys get tired of this useless line?
Re: Nigeria Investment Update This Week. by Nobody: 4:40pm On Aug 10, 2013
mubaraqqq: Investments in Nigeria

• U.S agency to invest $250m in Nigeria food security : A U.S-based multinational food security company, Blumberg Grains, is to invest $250 million in large scale food storage facilities in Nigeria, a statement by the Ministry of Agriculture and Rural Development in Abuja revealed.Dr. Akinwunmi Adesina, the Minister of Agriculture and Rural Development, and Mr. Philip Blumberg, Chairman Blumberg Grains, had signed the Letter of Intent (LoI) for the establishment of the facilities.
• Barclays’s Absa plans to expand in Nigeria with N19bn : Absa Group Limited, the Johannesburg- based lender acquiring most of parent company Barclays Plc African assets, said it’s interested in entering the Nigerian market as it boosts its presence across the continent. The bank needs a competitive advantage before it can enter the country, Absa Chief Financial Officer Mr. David Hodnett said, adding that the bank could take advantage of its experience in corporate banking.
• Blumberg Grain plans N40bn investment in agric sector : Blumberg Grain, one of the world’s largest food security companies has unveiled plans to invest $250 million (about N40 billion) in a food processing company in the country in demonstration of its confidence in and support for the ongoing Agricultural Transformation Agenda (ATA).
• Saudi firm targets Nigerian investors with $33m real estate : Riyadh-based Kingdom Hotel Investment has announced the investment of over $33 million in Ambassador Heights in Accra, Ghana.


Source: http://www.shikenan.com/article-details/best-of-naija-weekly/online-nigeria-weekly-round-up-august-1

[b]Just pointing out the fake promises. Please Nairalanders, when does; target, plans, thinking about; translate to GEJ working? Why are Nigerians always hypocritical? Like someone said on a thread one day; "THE BIGGEST PROBLEM WITH NIGERIA IS NOT CORRUPTION. RATHER, IT IS HYPOCRICY. We all complain of bad governance in our daily lives... But we come online to spew thrassh same everyday on Nairaland, praising the same leaders who milk us dry. Just take your time to read this script below

In 1983, Bamanga Tukur was the Governor of the defunct Gongola State (now Adamawa & Taraba) and 30 years later, he is today the Chairman of the ruling Party, The PDP.... God of Abraham, Isaac and Jacob, has your striking thunder finished?

Dr. Bello Halliru was commissioner in the Old Sokoto State (now Sokoto, Kebbi & Zamfara) and 33 years after, he is today the Minister of Defence.... Arise O Lord, Let thy enemies be scattered!

Major General David Mark(rtd) was the military governor of Niger State in 1984 and 28years later he is today the Senate President..... Chineke, inokwa ya ihe nkea ana eme?

Gov. Murtala Nyako was the governor of Niger State in 1976 and 36years later he is today the Governor of Adamawa State... Sango of Yorubaland, need you be told that enough is enough?

Ogbonnaya Onu was governor of Abia State in 1992 and 20years after he is today the National Chairman of ANPP.... Amadioha of Igboland, I thought they said that your monday hammer comes handy in situations like this?

Gov. David Jonah Jang was the governor of Benue State in 1985 and 27years after he is today the governor of plateau state. He contested for the chairmanship of the NGF, lost, formed his own faction and still remains in power... Avenging God were are you?

Martins Elechi the Ebonyi State Governor is over 80 years old! Jehovah Nisi!

Only in Nigeria is this possible, where the youth of today have no hope into the future! Where do we go from here?

People Deceive People (PDP), 1985, IBB was the president of Nigeria and our teachers told us that Buhari was the former Head of state..Our teacher also called us "the leaders of tomorrow".. 27years later, IBB and Buhari are still contesting for Presidency..Its either our teacher lied to us about being the leaders of tomorrow..Or tomorrow is yet to come.. Who's fooling who? Some of us ran out of the country,Obasanjo went abroad chasing them,telling all nations to deport Nigerian youths. Let's stand and fight for our right cos we are the leaders of Today... We can't continue like this. ENOUGH IS ENOUGH![/b]

13 Likes

Re: Nigeria Investment Update This Week. by onyeguy: 4:54pm On Aug 10, 2013
OKAY WE DON HEAR OH
Re: Nigeria Investment Update This Week. by Nobody: 5:22pm On Aug 10, 2013
Thrash, Until Proven
Re: Nigeria Investment Update This Week. by lovabouy(m): 5:33pm On Aug 10, 2013
Fazhy:

Hope all this is coming to Lagos and suburbs.

.
Them tell you say na
Lagos be the only state in Nigeria?
Re: Nigeria Investment Update This Week. by Kdamilola(m): 5:54pm On Aug 10, 2013
A nice development though, bt in this country of ours, things are easier said than done!
Re: Nigeria Investment Update This Week. by basilo101: 5:57pm On Aug 10, 2013
PeterKbaba:

Investors are not Nigerians with sentiments, they look for were the is over population with educated people... Peaceful and Purchasing Power Parity
u r encouraging these imperialists, u tnk all d multinationals flooding lagos and ogun is development? Industrial revolution has 2 b driven by local entrepreneurs. Foreigners shud kum wen we already hv ppl 2 giv dem strong competition
Re: Nigeria Investment Update This Week. by successking: 7:18pm On Aug 10, 2013
Yes! is good for Nigeria as a Nation and her citizens in particular. Hmmm more of these
Re: Nigeria Investment Update This Week. by ibkgab001: 7:30pm On Aug 10, 2013
Trust and have faith in God for once
Re: Nigeria Investment Update This Week. by madridsta007(m): 7:35pm On Aug 10, 2013
mubaraqqq: Investments in Nigeria

• U.S agency to invest $250m in Nigeria food security : A U.S-based multinational food security company, Blumberg Grains, is to invest $250 million in large scale food storage facilities in Nigeria, a statement by the Ministry of Agriculture and Rural Development in Abuja revealed.Dr. Akinwunmi Adesina, the Minister of Agriculture and Rural Development, and Mr. Philip Blumberg, Chairman Blumberg Grains, had signed the Letter of Intent (LoI) for the establishment of the facilities.
• Barclays’s Absa plans to expand in Nigeria with N19bn : Absa Group Limited, the Johannesburg- based lender acquiring most of parent company Barclays Plc African assets, said it’s interested in entering the Nigerian market as it boosts its presence across the continent. The bank needs a competitive advantage before it can enter the country, Absa Chief Financial Officer Mr. David Hodnett said, adding that the bank could take advantage of its experience in corporate banking.
• Blumberg Grain plans N40bn investment in agric sector : Blumberg Grain, one of the world’s largest food security companies has unveiled plans to invest $250 million (about N40 billion) in a food processing company in the country in demonstration of its confidence in and support for the ongoing Agricultural Transformation Agenda (ATA).
• Saudi firm targets Nigerian investors with $33m real estate : Riyadh-based Kingdom Hotel Investment has announced the investment of over $33 million in Ambassador Heights in Accra, Ghana.


Source: http://www.shikenan.com/article-details/best-of-naija-weekly/online-nigeria-weekly-round-up-august-1

It's all 'plans' to.... 'Targets' to...

When these plans and targets physically manifests then you can bring this update up.
Re: Nigeria Investment Update This Week. by ghettodreamz(m): 8:32pm On Aug 10, 2013
exxell:
Some of us ran out of the country,Obasanjo went abroad chasing them,telling all nations to deport Nigerian youths. Let's stand and fight for our right cos we are the leaders of Today... We can't continue like this. ENOUGH IS ENOUGH!

Spot on bro....
@ the bolded, shebi if dem send us back home, gun never finish for street? And local guns sef de work.... Na die all of dem de be dat oooo... And make dem expect broad daylight slaughtering too... Now, none of those political robbers would be spared, not even their families.

So, we really need foreign investors right?

I just hope one day, they won't push us to the end of the wall, by then, the real 'GOBE & Kasala' go happen.

Nigeria issue don taya me seriously. As far as all these old fools are still alive, I doubt the future of Nigeria and chances of the youths taking over the government.

And, I wept cry cry cry cry
Re: Nigeria Investment Update This Week. by unmask: 8:41pm On Aug 10, 2013
pray remind me how much did the vp's heaven on earth cost again? Heard it was 14bn.....well if that is true, thats about a third of the investment that gej wants us to be jubilating about..... Pls can't we be recolonised?....forget pride abeg those guys are making us grand fools
Re: Nigeria Investment Update This Week. by sobastical: 8:49pm On Aug 10, 2013
I just hope this will be vivid in the country as we always read bogus figures on screens and paper but with little or no implementation. Lord have mercy on us!
Re: Nigeria Investment Update This Week. by deletrue: 10:21pm On Aug 10, 2013
exxell:

[b]Just pointing out the fake promises. Please Nairalanders, when does; target, plans, thinking about; translate to GEJ working? Why are Nigerians always hypocritical? Like someone said on a thread one day; "THE BIGGEST PROBLEM WITH NIGERIA IS NOT CORRUPTION. RATHER, IT IS HYPOCRICY. We all complain of bad governance in our daily lives... But we come online to spew thrassh same everyday on Nairaland, praising the same leaders who milk us dry. Just take your time to read this script below

In 1983, Bamanga Tukur was the Governor of the defunct Gongola State (now Adamawa & Taraba) and 30 years later, he is today the Chairman of the ruling Party, The PDP.... God of Abraham, Isaac and Jacob, has your striking thunder finished?

Dr. Bello Halliru was commissioner in the Old Sokoto State (now Sokoto, Kebbi & Zamfara) and 33 years after, he is today the Minister of Defence.... Arise O Lord, Let thy enemies be scattered!

Major General David Mark(rtd) was the military governor of Niger State in 1984 and 28years later he is today the Senate President..... Chineke, inokwa ya ihe nkea ana eme?

Gov. Murtala Nyako was the governor of Niger State in 1976 and 36years later he is today the Governor of Adamawa State... Sango of Yorubaland, need you be told that enough is enough?

Ogbonnaya Onu was governor of Abia State in 1992 and 20years after he is today the National Chairman of ANPP.... Amadioha of Igboland, I thought they said that your monday hammer comes handy in situations like this?

Gov. David Jonah Jang was the governor of Benue State in 1985 and 27years after he is today the governor of plateau state. He contested for the chairmanship of the NGF, lost, formed his own faction and still remains in power... Avenging God were are you?

Martins Elechi the Ebonyi State Governor is over 80 years old! Jehovah Nisi!

Only in Nigeria is this possible, where the youth of today have no hope into the future! Where do we go from here?

People Deceive People (PDP), 1985, IBB was the president of Nigeria and our teachers told us that Buhari was the former Head of state..Our teacher also called us "the leaders of tomorrow".. 27years later, IBB and Buhari are still contesting for Presidency..Its either our teacher lied to us about being the leaders of tomorrow..Or tomorrow is yet to come.. Who's fooling who? Some of us ran out of the country,Obasanjo went abroad chasing them,telling all nations to deport Nigerian youths. Let's stand and fight for our right cos we are the leaders of Today... We can't continue like this. ENOUGH IS ENOUGH![/b]
Consider this very well. When you plan to do certain things and and remained planless, is the difference not clear enough for even a block headed individual like you?
Re: Nigeria Investment Update This Week. by Ferdinandu(m): 3:05am On Aug 11, 2013
exxell:

[b]Just pointing out the fake promises. Please Nairalanders, when does; target, plans, thinking about; translate to GEJ working? Why are Nigerians always hypocritical? Like someone said on a thread one day; "THE BIGGEST PROBLEM WITH NIGERIA IS NOT CORRUPTION. RATHER, IT IS HYPOCRICY. We all complain of bad governance in our daily lives... But we come online to spew thrassh same everyday on Nairaland, praising the same leaders who milk us dry. Just take your time to read this script below

In 1983, Bamanga Tukur was the Governor of the defunct Gongola State (now Adamawa & Taraba) and 30 years later, he is today the Chairman of the ruling Party, The PDP.... God of Abraham, Isaac and Jacob, has your striking thunder finished?

Dr. Bello Halliru was commissioner in the Old Sokoto State (now Sokoto, Kebbi & Zamfara) and 33 years after, he is today the Minister of Defence.... Arise O Lord, Let thy enemies be scattered!

Major General David Mark(rtd) was the military governor of Niger State in 1984 and 28years later he is today the Senate President..... Chineke, inokwa ya ihe nkea ana eme?

Gov. Murtala Nyako was the governor of Niger State in 1976 and 36years later he is today the Governor of Adamawa State... Sango of Yorubaland, need you be told that enough is enough?

Ogbonnaya Onu was governor of Abia State in 1992 and 20years after he is today the National Chairman of ANPP.... Amadioha of Igboland, I thought they said that your monday hammer comes handy in situations like this?

Gov. David Jonah Jang was the governor of Benue State in 1985 and 27years after he is today the governor of plateau state. He contested for the chairmanship of the NGF, lost, formed his own faction and still remains in power... Avenging God were are you?

Martins Elechi the Ebonyi State Governor is over 80 years old! Jehovah Nisi!

Only in Nigeria is this possible, where the youth of today have no hope into the future! Where do we go from here?

People Deceive People (PDP), 1985, IBB was the president of Nigeria and our teachers told us that Buhari was the former Head of state..Our teacher also called us "the leaders of tomorrow".. 27years later, IBB and Buhari are still contesting for Presidency..Its either our teacher lied to us about being the leaders of tomorrow..Or tomorrow is yet to come.. Who's fooling who? Some of us ran out of the country,Obasanjo went abroad chasing them,telling all nations to deport Nigerian youths. Let's stand and fight for our right cos we are the leaders of Today... We can't continue like this. ENOUGH IS ENOUGH![/b]
Well your post is quite funny but partially sensible because the problem is not the young taking over power but the ones in power being true to the course and the ones outside power standing up to them when they deviate.No nation can survive without the wisdom of the old and also the strenght of the young.All over the world career politicians stay in politics for life but have to live up to the promise to remain relevant.

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