Orusi Otejiri wrote this in praise of President GEJ. Do you agree with him: "PRESIDENT GOODLUCK JONATHAN LEADERSHIP, SOUND POLICIES AND INVESTMENT DRIVE HAS LED TO LOCAL AND FOREIGN INVESTORS SCRAMBLING TO GET A PIECE OF NIGERIA.BELOW ARE SOME NOTABLE INVESTMENT IN NIGERIA’S ECONOMY. INVESTMENTS IN CEMENT FACTORIES: COMPANY ---LAFARGE LAKATABU CEMENT FACTORY LOCATION – OGUN STATE CAPACITY---- 2.2 MILLION METRIC TON ADDED.THE LARGEST CEMENT FACTORY IN NIGERIA. UNICEM-----UNICEM CEMENT FACTORY LOCATION---- CALABAR CROSS RIVER STATE CAPACITY----2.5 MILLION METRIC TON. GROUP TO INVEST $3 BILLION TO EXPAND PLANT TO 5 MILLION METRIC TON. TO BE COMPLETED BY 2016. COMPANY----BUA LOCATION--- EDO STATE CAPACITY 3 MILLION METRIC TON. TO BE COMPLETED 2014. WORHT—$ 500 MILLION COMPANY----DANGOTE CEMENT LOCATION----DANGOTE PLANT IBESE OGUN STATE CAPACITY----6 MILLION METRIC TON WORHT $680 MILLION. FURTHER EXPANSION UNDERWAY. DANGOTE CEMENT LOCATION CALABAR CROSS RIVER STATE CAPACITY----6 MILLION. TO BE COMMISSIONED SOON. DANGOTE CEMENT LOCATION----GBOKO BENUE STATE. ACQUIRED AND EXPANDED CAPACITY---3MILLION METRIC TON DANGOTE CEMENT OBAJANA KOGI STATE CAPACITY 10.25 MILLION METRIC TON. TO BE EXPANDED TO 13.25 MILLION METRIC TON AND COMMISSIONED BY 2014. OTHER CEMENT PLANTS----ASHAKA OWNED BY LAFARGE, CCNN—OWNED BY BUA. IBETO CEMENT---ACQUIRED NIGERCEM, BUT POLITICAL CHALLENGES EXIST. EBONYI STATE TO BUILD A CEMENT FACTORY WITH N500MILLION APPROPRIATED IN THE 2010 BUDGET. THIS CAN ONLY BE POSSIBLE IF THE POLITICAL WILL IS THERE AND CORRUPTION ELIMINATED. STEEL COMPANY-----WEMPCO LOCATION---OGUN STATE CAPACITY -----700,000 MILLION METRIC TON PER ANNUM MANUFACTURING GE $1 BILLION MANUFACTURING PLANT INAUGURATED IN CALABAR CROSS RIVER STATE. SUGAR PRODUCTION DANGOTE SUGAR--- N12 BILLION EXPENDED ON SAVANNAH SUGAR FACTORY INVESTMENT IN VEHICLE ASSEMBLY PLANT INNOSON –ANAMBRA. ENJOYING GOVT. PATRONAGE KIA---LAGOS CHERY’ CARS---- CALABAR CROSS RIVER STATE NISSAN MOTORS INVESTMENT IN BREWERIES SAMILLER WORTH N1.5 BILLION LOCATION---ONITSHA ANAMBRA STATE GUINESS WORTH---N35 BILLION LOCATION –EDO STATE GUINESS/ DIAGEO WORTH—N55BILLION LOCATION OGUN STATE DANGOTE FERTILIZER LOCATION----EDO STATE DANGOTE REFINERY LOCATION-----ONDO STATE CAPACITY-----400,000 LITERS PER DEY REFINERY. PETROCHEMICAL PLANT COMPANY------INDORAMA, ACQUIRED ELEME PETROCHEMICAL TO INVEST $2.1bn (N325.5bn) IN THREE NEW PLANTS LOCATION-----PORTHARCOURT RIVERS STATE COMPANY---NOTORE CHEMICAL INDUSTRIES LOCATION ---PORTHARCOUT RIVERS STATE PRODUCE—FERTILIZER—UREA AND AMMONIA, AND investing FURTHER $600 million to build a power plant at its factory in the southern town of Onne RIVER STATE GAS PROJECT COMPANY---- CHEVRON,SHELL,SAHARA,NNPC ETC LOCATION OGIDIGBE –DELTA STATE CAPACITY ----The planned plant has a capacity for 60 million litres of petroleum products, primarily automotive gas oil (AGO), premium motor spirit (PMS) and dual purpose kerosene (DPK). There will be 6 tanks in total: 4 will have a 12 million litre capacity and 2 will have a 6 million litre capacity. These will be for the storage of AGO, PMS and DPK. The work is to be undertaken by Moss Petroleum. COMPLETION PERIOD---2013------------2017 BRASS LNG COMPANY---CHEVRON, SHELL,NNPC ETC LOCATION -----BAYESA THERE ARE MANY OTHER INVESTMENTS – LIKE MASSIVE CASSAVA CULTIVATION, PROCESSING AND EXPORT, RICE FARMING, bananas, barley, cocoa beans, coconuts, coffee, corn, cotton, groundnuts, maize, millet, potatoes, soybeans, sorghum, sugar cane and wheat. ETC. ADCO A U.S FIRM TO INVEST $60 MILLION IN NIGERIA AGRIC SECTOR TO MANUFACTURE 300,000 TRACTORS AND Nigeria is targeting $10 billion of investment in farming to boost domestic food production by 2015, The government is working with the central bank to “unlock” $3.5 billion in funding from commercial banks for farmers, So far, $8 billion in private investment commitments in agriculture have been arranged by President Goodluck Jonathan’s administration PRESIDENT GOODLUCK JONATHAN, THE BEST PRESIDENT NIGERIA HAS EVER HAD TILL DATE. LET’S SUPPORT HIM TO SUCCEED"
Posted on: Sun, 23 Jun 2013 08:03:45 +0000
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