Essential The Africa the Media Doesn't Tell You About

[Kimo_bud]

Me and 2meo exposin the fakkit posters

LWO 4 lyfe

 

[Poitier]

This nikka called up his boo


I'm done derailing

 

[Dreamestorical]

@Don Drogo @Poitier

This mortgage scheme is going to be big. Nigeria at the moment has a 17 million housing deficit. (and its still growing)

This mortgage scheme will address it. what I love about this is the price range of the houses will be from 2 million naira to 20 million naira and the loan will last for about 15 to 20 years at single digit interest rates. If we convert the house prices to dollars that is $12,000 to $120,000.
Finally Nigerians will be able to afford to buy a house. The days of Nigerian's having to purchase houses at full price is gradually ending.

This 10,000 houses project is the inaugural face. They are a lot more to be built and they are in the process of partnering with real estate developers to take on the load.

I am also excited because in October the car financing scheme will also come online to enable Nigerians to purchase the manufactured in Nigeria cars on credit. ( in line with the governments auto policy)

The multiplier effect these two policies will have on the Nigerian economy will be immense.

 

[Kimo_bud]

This nikka called up his boo


I'm done derailing

2 neg reps..ur shiit backfired

 

[Capo Dei Capi]

This nikka called up his boo


I'm done derailing

Just cause I ain't postin don't mean I ain't reading, I've been subscribed to this thread from day 1

 

[Poitier]

@Don Drogo @Poitier

This mortgage scheme is going to be big. Nigeria at the moment has a 17 million housing deficit. (and its still growing)

This mortgage scheme will address it. what I love about this is the price range of the houses will be from 2 million naira to 20 million naira and the loan will last for about 15 to 20 years at single digit interest rates. If we convert the house prices to dollars that is $12,000 to $120,000.
Finally Nigerians will be able to afford to buy a house. The days of Nigerian's having to purchase houses at full price is gradually ending.

This 10,000 houses project is the inaugural face. They are a lot more to be built and they are in the process of partnering with real estate developers to take on the load.

I am also excited because in October the car financing scheme will also come online to enable Nigerians to purchase the manufactured in Nigeria cars on credit. ( in line with the governments auto policy)

The multiplier effect these two policies will have on the Nigerian economy will be immense.

 

[Dreamestorical]

Nigeria’s Innoson To Export Cars To West Africa

VENTURES AFRICA – After making a huge impression in the Nigerian auto-market with its locally manufactured trucks and buses, Nigeria’s leading indigenous automobile manufacturer Innoson Vehicles Manufacturing Company Limited has disclosed that it is set to take its brand to Nigeria’s neighbours in West Africa.

Key markets on Innoson’s radar are the Republic of Benin and Ghana.

The Auto Company, which had its production lines officially commissioned by Nigeria’s President Goodluck Ebele Jonathan in 2010, plans to export export its soon-to-be-completed passenger cars.

The vehicles are been produced at the company’s manufacturing plant in Nnewi, Anambra State of Southeastern Nigeria where the Chairman of the Auto Company Innocent Ifediaso Chukwuma, on Tuesday, gave a brief preview of the passenger cars which include Fox Sedan and Amazon car brands in an event to mark the takeoff of Nigeria’s new auto policy.

The Innoson boss praised the Nigerian government’s introduction of the Nigerian Automotive Industry Development Plan (NAIDP) which, among other things, calls for more patronage of vehicles made in Nigeria. He described the policy as a game changer, emphasizing the impact it will have on fostering the growth and development of the local auto industry even as he remarked that the Innoson manufacturing plant was set up long before the introduction of the auto policy at a time when importation of vehicles made for a more profitable business venture than building such vehicles from scratch.

Chukwuma called for Nigerians to patronise products of Innosson Vehicle Manufacturing Company (IVM) as it symbolises the local auto industry been driven by the new auto policy. “Innoson is the only auto brand name that you cannot get anywhere else in the world except in Nigeria… In America, they are proud of their Ford and Chevrolet; In India, Tata and Maruti are respected, promoted and patronized by both the government and citizens and in Malaysia, Protom which is also indigenous to the country is loved as the national car brand”, he said.

He also boasted with the fact that Innoson is the only made-in-Nigeria vehicle that bears a local name with others being foreign brands made in Nigeria. “If you go to Europe, America and Asia or anywhere outside this country, you won’t see any vehicle called Innoson because the name does not exist in any other place in the world except here”.





By Emmanuel Iruobe

http://www.ventures-africa.com/2014/07/nigerias-innoson-to-export-cars-to-west-africa/

 

[CASHAPP]

Innoson doesn't roll off the tongue

 

[TMNT4000]

ConocoPhillips Sells Nigerian Oil Assets to Oando

LONDON— ConocoPhillips said Wednesday it had completed the sale of $1.5 billion of Nigerian oil assets to local player Oando PLC, as Nigerian companies take an increasingly assertive role in the running of their country's hydrocarbons riches.

Under the deal, Lagos-based Oando will acquire a string of stakes in oil and gas fields, exploration licenses, gas plants, pipelines and a key oil terminal.

ConocoPhillips said it would make an after-tax gain of approximately $1.1 billion on the sale, which it said it would spend on unspecified high-margin growth projects. Like many others in the U.S., the company is focusing the largest part of its investment on shale oil deposits in North Dakota and Texas. ConocoPhillips last year shed its oil business in Algeria for $1.75 billion.

“This transaction represents a transformational leap forward for our company and is in line with our overall strategy to grow our portfolio of Nigeria-based assets by focusing on those opportunities that deliver high-quality growth in reserves and production,” OER CEO Pade Durotoye said.

He added that OER’s management team was familiar with the assets and possessed the managerial experience and technical expertise necessary to unlock their value.

Also commenting, OER chairperson Wale Tinubu stated that the company believed in the significant potential that the Nigerian oil and gas industry held.

“[We] are privileged to play a pivotal role in its consolidation, growth and development. We will continue to seek strategic opportunities that provide a platform for enhanced growth and value creation for our stakeholders,” Tinubu said.

Oando said the purchase supports its goal of becoming a top explorer and producer in Nigeria. It now marks the company’s exit from the African nation.

http://www.bloomberg.com/news/2012-...-conocophillips-nigerian-assets-correct-.html

http://online.wsj.com/article/PR-CO-20140730-912038.html

 

[TMNT4000]

Introducing Miva Rice! Mikap Nigeria Ltd Unveils its Premier Locally Produced Rice Brand
30.07.2014 By BellaNaija.com 4 Comments



Nigeria’s leading agricultural company, Mikap Nigeria Ltd, is the producer of Nigeria’s premier locally produced rice: Miva Rice.

In production since 2011 Miva rice, as a rice brand, stands out from the competition with its many distinguishing factors and unique attributes.

Miva Rice is completely produced in Nigeria where the purity and wholesomeness of the rice is ensured through the advanced technology used in harvesting and milling the rice grains.

Only freshly harvested rice grains are used in production, making sure the quality and excellence of the product is constant.

Miva Rice is farmed and processed to be an extremely nutritious food source. It contains nutrients the body needs, and is great for working adults and growing children too. It’s the healthy family’s choice.

The superior technology used in milling ensures that the rice is free from impurities including chemical substances, insects and other substances.

Miva Rice is also supremely easy to cook. No other rice gets done as quick or tastes as good!


Aondoakaa Iorhen Samuel (The MD of Mikap) & James Entwistle (With the American Ambassador to Nigeria) at the Miva Rice Factory, Makurdi Benue state




Hon. Minister, Dr. Akinwumi Adesina (Honorable Minister for Agriculture ) at the Mivas Rice Mill



To find out more visit: www.mikapnigeria.com/miva-rice/

About Mikap Nigeria
Mikap Nigeria Limited is one of Nigeria’s largest agricultural and Agro-chemical Companies. Mikap Nigeria utilizes the best Technology in crops and livestock development, while contributing meaningfully to the state of agriculture through grain development and progressive technology.

Since 1990, the company has grown in scope, and relevance with production of grains, poultry, orange farms, fishery and ventures in real estate, dredging, education and transportation.

Mikap Nigeria is determined to invest in the future of Nigeria. The company is using its strong and wide reaching network collaborations, partnering with various government and agricultural technology providers to ensure they meet their goal of creating superior agricultural products.

The company has an outstanding base, both in terms of its market share in key crops and its property products and expertise.



http://www.bellanaija.com/2014/07/3...eils-its-premier-locally-produced-rice-brand/

 

[Hiphoplives4eva]

ConocoPhillips Sells Nigerian Oil Assets to Oando

http://www.bloomberg.com/news/2012-...-conocophillips-nigerian-assets-correct-.html

http://online.wsj.com/article/PR-CO-20140730-912038.html

I'm going to enter the Nigerian stock market to buy this company. Definitely destined for big things.

 

[TommyHilltrigga]

Big deal...every 3rd world country has nice areas too..the systems over there are just fukked and beyond repair..corruption rules and the rich get richer while the poor live horrible lives

nikka stfu and GTFO, the purpose of this thread is to show the world the economic turn around in the continent, nikka i didnt even post the "nice" areas yet

 

[TommyHilltrigga]

But if i post slums, people wont question it..,

 

[Poitier]

But if i post slums, people wont question it..,

You are arguing with a troll. Stop feeding him.

 

[Premeditated]

nikka stfu and GTFO, the purpose of this thread is to show the world the economic turn around in the continent, nikka i didnt even post the "nice" areas yet

Im convinced, he's a cac. How can a self respecting black person have a problem with this thread?