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Buhari In Durban, South Africa, To Seek $40 Billion Investments - Politics - Nairaland 41341j

Buhari In Durban, South Africa, To Seek $40 Billion Investments (10994 Views)

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NwaNimo1(m): 4:34pm On Nov 14, 2021
President Muhammadu Buhari on Saturday arrived Durban, South Africa, from Paris as part of his ongoing socio-economic diplomatic missions aimed at enhancing security and economic transformation of the country.

The News Agency of Nigeria (NAN) reports that the Nigerian leader is in Durban at the special invitation of President Cyril Ramaphosa of South Africa, to attend the inauguration of the second Intra-African Trade Fair (IATF) 2021 on Monday.

The theme of the Fair, ”Building Bridges for a Successful AfCFTA”, aims at boosting trade and investments across the African continent, Mr Femi Adesina, the presidential spokesman, said in a statement in Abuja.

Adesina stressed that the event would also seek to create the enabling environment for businesses to thrive across the continent.

The event is expected to generate market information needed to connect buyers and sellers throughout the continent.

”Global businesses, including non-African international brands, are expected to key into opportunities generated by the fair, thereby attracting to continental trade investment deals worth $40 billion dollars,” the president’s media aide said.

The president was earlier in Paris on Nov. 9 on an official visit as guest of President Emmanuel Macron at Palais de l’Élysée.

He also attended the three-day Paris Peace Forum (PPF) from Nov. 11 to 13.
Buhari and his French counterpart, Emmanuel Macron, met and discussed issues of mutual interest for both countries.

The discussions focused particularly on strengthening economic ties, improving partnership on security, and working tly on education, health and halting the threats of COVID-19 to the global economy.

While in Paris, the president also attended the Nigeria International Partnership Forum (NIPF), which brought together the Nigerian and French governments as well as their private sectors in wide-ranging discussions.

On Nov. 10, Buhari attended a working lunch at Palais Elysee in Paris where he appreciated efforts of President Macron in expanding opportunities for business between Nigerians and French citizens, while committing to partnership to degrade international criminal networks.

The president also in Paris, met with the President of Islamic Development Bank (IDB), Dr Mohammed Al-Jasser, and the Minister of State Foreign Affairs of United Arab Emirate, Sheikh Shakboot Alnahyan.

Buhari, who also attended the 75th anniversary of the United Nations Educational, Scientific and Cultural Organisation (UNESCO) in Paris, , on Friday, saying Nigeria remains proud of its close association with the organisation since its establishment, 75 years ago.

According to the Nigerian leader, the world has an opportunity to count gains of the UNESCO in the last 75 years, while exploring the historic moment for building solidarity and enthroning peace.

Vice-President Yemi Osinbajo had earlier on Nov. 8 presided over a high-level meeting on Nutrition attended by United Nations Deputy Secretary-General, Mrs Amina Mohammed, State Governors, and representatives of development partners, including UNICEF.

Others at the meeting included the Bill and Melinda Gates Foundation, the Aliko Dangote Foundation, and convener of the UN Food System Dialogue, Mrs Olusola Idowu, who is also the Permanent Secretary, Budget and National Planning Ministry.

Osinbajo also represented president Buhari at the ECOWAS Extraordinary Summit of the Authority of Heads of State and Government held in Accra, Ghana, during the week.

The meeting review the political situations in Guinea and Mali, and decided to maintain the sanctions imposed on Guinea and imposed similar ones against the Mali Transitional Government.

In the week under review, Buhari also congratulated Prof. Charles Soludo, the candidate of the All Progressives Grand Alliance (APGA), for winning the gubernatorial election in Anambra.

He praised the security agencies for their determination to ensure that the election went on as smoothly as possible.

The president equally commended the Independent National Electoral Commission (INEC) for the successful conclusion of the exercise despite the initial challenges encountered.

Buhari, who is expected back in Nigeria on Nov. 16, ended the week under review in a shock and sadness, following the demise of Brig.-Gen. Dzarma Zirkusu and three soldiers who paid ”the supreme sacrifice while fighting terrorists in the Northeast zone of the country.

https://guardian.ng/news/buhari-in-durban-south-africa-to-seek-40bn-investments/

4 Likes

BigSarah(f): 4:43pm On Nov 14, 2021
That's good... Since its investment.
Hope he gets it a deserving chunk of the 40

3 Likes

Arda1000(m): 4:43pm On Nov 14, 2021
Giant of Africa now begging money from SA grin

46 Likes 2 Shares

after4: 4:52pm On Nov 14, 2021
Please put it very well, "to borrow" that's the only thing he knows

7 Likes 2 Shares

after4: 4:53pm On Nov 14, 2021
You unborn children go follow pay that debt, continue ing nonsense


BigSarah:
That's good... Since its investment.
Hope he gets it a deserving chunk of the 40

25 Likes 3 Shares

house10s: 4:54pm On Nov 14, 2021
BigSarah:
That's good... Since its investment.
Hope he gets it a deserving chunk of the 40
or dey just change d word

2 Likes

Nonexisting: 4:54pm On Nov 14, 2021
Our soldiers are chickens or maybe the soldiers we have today are boy scouts that they don't know when to do the needful.

8 Likes 2 Shares

NwaNimo1(m): 5:24pm On Nov 14, 2021

42 Likes

slimfit1(m): 5:43pm On Nov 14, 2021
Really, Shoprites will be laughing at us for having a clown as President you must be mad to listen to this joker.

22 Likes 1 Share

hisexcellency34: 5:35am On Nov 15, 2021
Who will invest in an insecure country where foreigners are advised to cooperate with kidnappers and bandits?

21 Likes 4 Shares

ignis: 5:35am On Nov 15, 2021
And he think any serious country will take him serious.


Investment with the ravaging insecurity and FG romance with bandits and hard-core with ipob?

4 Likes 2 Shares

rajiedreez: 5:36am On Nov 15, 2021
Shior, he just dey beg money upandan

3 Likes 1 Share

UTILITYMAY(m): 5:36am On Nov 15, 2021
Good! Correct! Konfam!
Just tell us you went to borrow another money. 2023 should quick and come and let this man leave. We've had enough already!

3 Likes

Kingmelly(m): 5:37am On Nov 15, 2021
Hmm
Aburada: 5:37am On Nov 15, 2021
T
ecolime(m): 5:37am On Nov 15, 2021
Ajala the traveller

6 Likes 2 Shares

baggioni: 5:39am On Nov 15, 2021
Forlahh:
As if we're not in enough debt already
Go and read again, this time around do it slowly.

4 Likes

drealaz24(m): 5:40am On Nov 15, 2021
after4:
You unborn children go follow pay that debt, continue ing nonsense



See ignorance and yet still proud of the ignorance.

Please Google countries with most debt. And see where the top countries belong vis a vis Nigeria.

1 Like

larrybabanla(m): 5:41am On Nov 15, 2021
Borrow borrow, continue borrowing u hear since that's the only thing you know how to do

1 Like

xpressionx(m): 5:45am On Nov 15, 2021
stop speaking grammar.
He went to borrow money
kolaaderin: 5:45am On Nov 15, 2021
To many children on Nairaland. All they do is to comment rubbish. They failed to read and understand before commenting. There is no where written in the article we are borrowing, he is attracting investment worth 40 billion.
That is an income not a debt silly brainless idiots every corner of Nairaland.

7 Likes 1 Share

olaric(m): 5:45am On Nov 15, 2021
Buhari globetrotting while his generals and soldiers are being killed like chickens in the warfront.
SmartPolician: 5:48am On Nov 15, 2021
No country is an island. Nigeria needs to keep attracting foreign investors to help this country fix her unemployment mess. The problem in that regard is that you don't even have any positive thing to use and convince foreign investors to come and invest in this country.

Even with Nigeria's huge population we normally brag with, our disposal income is terrible as graduates are paid 50k (less than $100) per month. Nigeria has all the signs of a failed state. If not the desire to come and loot, nothing should inspire anyone to succeed Buhari.
blackpanda: 5:53am On Nov 15, 2021
slimfit1:
Really, Shoprites will be laughing at us for having a clown as President you must be mad to listen to this joker.

Why is it that anything good hurts u so bad Go for deliverance dear

2 Likes

blackpanda: 5:56am On Nov 15, 2021
SmartPolician:
No country is an island. Nigeria needs to keep attracting foreign investors to help this country fix her unemployment mess. The problem in that regard is that you don't even have any positive thing to use and convince foreign investors to come and invest in this country.

Even with Nigeria's huge population we normally brag with, our disposal income is terrible as graduates are paid 50k (less than $100) per month. Nigeria has all the signs of a failed state. If not the desire to come and loot, nothing should inspire anyone to succeed Buhari.

Really Nigeria remains the biggest economy in Africa. That alone is an incentive to come and invest. The market is here. The raw materials are here. What will lack is skilled workforce and corruption. But again no country is perfect. U guys should quit hating the land that feeds u and ur generation.

1 Like

TimeTraveller: 5:56am On Nov 15, 2021
Greatest president ever

2 Likes

blackpanda: 5:57am On Nov 15, 2021
UTILITYMAY:
Good! Correct! Konfam!
Just tell us you went to borrow another money. 2023 should quick and come and let this man leave. We've had enough already!

Ikr that's the language u understand grin Garbage in garbage out. Too much English confuses the average Nigerian. Anything that will make them think is a no no grin
mutantninja: 6:00am On Nov 15, 2021
kolaaderin:
To many children on Nairaland. All they do is to comment rubbish. They failed to read and understand before commenting. There is no where written in the article we are borrowing, he is attracting investment worth 40 billion.
That is an income not a debt silly brainless idiots every corner of Nairaland.
You’re a big 1diot... is he supposed to be attracting investment? Or fix the insecurity in the country ? You sound like a failure in life

1 Like

chrisxxx(m): 6:00am On Nov 15, 2021
Clarification please. Investment or loan?
Nigeria is a practical example of irony we were taught in school.
Someone came to your house to seek for loan by a luxury jet that you the creditor only dream to fly by.
Then the creditor looking at the worth of the craft gives out the loan. Some years later the debtor scrapped the luxury jet and got something more expensive and comes back to you the creditor for cancelling of debt.

1 Like

SmartPolician: 6:01am On Nov 15, 2021
blackpanda:


Really Nigeria remains the biggest economy in Africa. That alone is an incentive to come and invest. The market is here. The raw materials are here. What will lack is skilled workforce and corruption. But again no country is perfect. U guys should quit hating the land that feeds u and ur generation.

Zombie

Tell your Buhari to use his head and think of how to locally generate revenue for the country.
Instead, he's wasting taxpayers' money moving from one country to another in search of where to borrow money.

If the job is too hard for him, he should resign and stop inflicting pains on the same idiots that voted for him the second time.

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