The Apapa sea ports is majorly controlled by a dutch company. The Onne Sea Port is controlled by an Italian company, the Calabar SeaPort is controlled by same Italian company & partly managed by a Nigerian company (Shoreline Logistics)
The New Ibaka Seaport has been concessioned
The New Ibaka Seaport has been concessioned
to a French Company (Bollorè Logistics). The Lagos Deep Sea Port was concessioned to a Chinese State owned Company (China Harbor) and an Indian Company warehoused through an SPV in Singapore (Tolarams group)
And Nigerian businessmen are sitting down watching critical national
And Nigerian businessmen are sitting down watching critical national
Assets taken away from them by Foreigners, while they buy houses in Dubai, London, Monaco and purchase new private Jets.
I’m alarmed at the way Nigerians are so quick to sell off and hold cash, while they give you the tiring excuse that the macroeconomics is not bright
I’m alarmed at the way Nigerians are so quick to sell off and hold cash, while they give you the tiring excuse that the macroeconomics is not bright
This economy is always going to be the most enviable in Africa for any discerning investor.
While you complain about the government, remember that 30-40 years ago when your captains started, the politics & macroeconomics were worse than it is today.
While you complain about the government, remember that 30-40 years ago when your captains started, the politics & macroeconomics were worse than it is today.
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