LG, Samsung and Sony were once upon a time just dreams and later very tiny operations but with determination they're what they are now . Nigerian companies are on the right track .
I love what you do. Bringing out the potential of Nigeria. But unfortunately Nigeria is not safe. If after investing and you get kidnapped. All your investments will be used to buy your freedom. Pls let people know the truth
Another good one Ned. I'm investing heavy in my home state of Benue. I'm into agriculture and currently building a warehouse and clearing 2 hectares of land for farming activities (starting small). If our people understood what's really going on, they wouldn't be running off to the West. Those countries are beautiful, I was there for decades, but Nigeria is magical and we haven't even scratched the surface yet. Thank you for these wonderful and inspirational videos. Let's hope next year's elections puts someone in front that knows the worth of our country and our people
@@pharaohbtw Did you bother reading a few words past that statement that the west is beautiful? Did you see how I then say Nigeria is magical? Curious, what is your point?
Big bro, I wish to inform you that, the sorbitol plant owned by Psaltery int'l (first of it's kind in Africa) and located in Ado-awaye, Iseyin area of Oke-ogun in Oyo state, is due for commissioning, 1st Aug, 2022. Thus, I will suggest you try and cover it on or before the date Sir.
Ned one of the reason I keep returning to your channel is your videos are so positive and shows hope in Nigerian growth. Thanks for all the good work you do 👍
Excellent job my brother! Your video should receive an award from the Federal Ministry of Trade. You make the best case for investment in Nigeria than many Nigerian Embassies and consulate. The projects you featured are commendable, but there's still a wide room left to grow. I'm just becoming more conscious of the opportunities available in the Nigerian market, especially in the area of electronics and appliances. Thanks once again for your attention to detail and comprehensive production of issues relevant for the country's growth. Well done NedMedia and keep up the good work. Peace!
The Nigerian economy needs to be re-based ... i think the GDP should be close to $1 Trillion considering all these new factories along the new Dangote's companies !!
Nigerians have gotten poorer because they are producing nothing of worth to trade abroad and therefore have weak currencies. Import reliant economies are always at the mercy of currency weaknesses
I hope the government continue to make laws and policies to enable good business practices. We need to do something about electricity, security and provide better road network throughout Nigeria. I appreciate all your enthusiasm and positive support for all Nigeria industries. Thanks for sharing.
Nigerian Authorities should follow the Chinese investment playbook, not allow unrestricted management control of these new investments to rest disproportionately in foreign and not Nigerian hands. If we allow that we'll sooner than later become another of those African countries whose economies rest in foreign hands.
It does not matter who provides the service. Stop thinking with a 1970 mindset. Jobs are the most umportanr thing not who owns the companies. BTW most big companies are owned by stock holders scattered around the world
"Great lofty heights attain" That is a line in Part 2 of our national anthem that the reason Nigeria is always #1 in everything and it been manifesting forever.
This is an awesome video. And I like your take on every issue, especially the one about consumer electronics. Manufacturing consumer electronics products locally would raise the value of the naira tremendously. That would in turn lower inflation.
Unless the Dollar shortage problem is resolved, manufacturing in Nigeria is difficult. This is because most machines, and raw materials are imported. Airlines for instance, recently were unable to repatriate $450m. Their only option is to source for Dollars from the black market at ridiculous rate. The other problem, is that the govt imposes double/triple taxes. The seaport is another problem. You'd import stuff, and it would sit at the ports for 3 months. Logistics is a problem too. Bad roads makes it costly to move goods. How about power? Factories require power. Are you going to run your machines on diesel, or petrol and generators? Security is discouraging too. Kidnapping is increasing at an alarming rate. Do your research very well before you decide to start a business.
These factories should be requested to build modern day state of the art hospitals and specialist cancer hospitals in Nigeria. The products from these companies cause different cancers. It is time these companies are made to put something back to the community. These companies came to make money in Nigeria. I know they might produce jobs for people but their primary aim is to make money - profits. Nigeria should now aspire to use their own raw materials. Noodles and corn flakes are foreign to Nigeria. Why can't Nigerians start to manufacture and export Nigerian foods and culture to the world. We are tired of foreigners bringing their foods and culture to us.
My brother! I always look forward to your content. You effort to promote our country in positive light made me visit Nigeria recently to do my feasibility studies and currently investing in agriculture in Ogun state. Thank you for what you do and hope sometimes in the nearest future you will be appointed as our country’s mister of information or for foreign investment attraction. Kudus.
Am not sure it's wise to build a lab with tons of money and invite innovators to come and use. The govt. Should have sourced and formed a team of innovators home and abroad to reverse engineer some of the most critical machinery Nigeria needs to industrialize. That way the establishment of this lab will make economic sense. Hope this doesn't turn out to be another white elephant
Good job, good research like it takes a lot of research to know that winter wheat are better than summer. Security and infrastructure need to be improved. Refinery is almost impossible now, oil is the problem 40% that nigeria government. Get is either stolen or used to run the govt., now if you purchase the oil from oil companies they will sell it to you at global rate since they are only allowed to keep 60% they cannot give no more concessions.
Ogun state really need to sit up and invest in infrastructure. Most of the industrial areas in that state don't have good roads and this affect cost of production.
When will Africans realize that being overly reliant on foreign MNC "investment" equals greater external dependency? No economy grows that way; but several economies, including nascent industries that were budding in Africa after nominal independence, were killed that way. Internal growth is the only sustainable growth- unless you want other countries to be able to threaten to further destabilize your economy by cutting jobs/closing their factories whenever they don't get a "yes?" Western MNCs also have massive political clout, extending to the military. Real world 101.
@@revertonbailey5694 that debatable. Many countries like Japan, South Korea and China turned foreign investment into internal investment. South Korea developed with cheabols, China developed/developing through state owned companies and Japan developed through zaibatsu. These state owned/ privately owned companies developed these countries. Nigeria need more internal investment rather than foreign investment.
You're doing a good job promoting Nigeria. However, you sound like many naive like many naive Africans eager for western foreign companies to take over your country. What Africans should be doing is promote self reliance by advocating for more access to capital to local African businesses and companies to invest in themselves, instead of allowing greedy multinational corporations who siphon out their profits and leave the local workers poorer. China grew economically stronger by investing in their people through education, and turn that local talent to build cheap reliable energy supply, the backbone of development, infrastructure (roads, bridges, rails, ports, logistics, housing, Healthcare and agriculture etc. Africa don't want to repeat the same mistakes South Africa made, by allowing foreign white Europeans to control everything in the country and make the people poor in their own country.
.How many are locally owned? .Will the workers be treated fairly so that they van prosper? .It's useless if all the funds will be taken away to foreigners. .Let's hope that it's not the beginning of slave labour or something to trick poor pople. .Will there be training for quality jobs for the locals.
INNOCENT MOTORS N COSCHRIS MOTORS ALL IN SOUTH EAST, SOUTH EAST NIGERIA IS WERE POVERTY RATE IS VERY LOW IN WHOLE OV NIGERIA, ANAMBRA STATE RIGHT NOW IS 10% POVERTY RATE SO MAY U SHOULD THE POVERTY IN UR STATE N LET US KNW
Something's not adding up here. FDI has crashed, yet you're saying foreign companies are investing massively in Nigeria. Abi where are you getting ur own statistics?
These investments by foreign oligopolies like Colgate, Kellogg's etc mean that much of the money made is exported abroad. Reliance on such companies mean they can exploit the poorer countries they establish themselves in by dictating the terms that they do business in the country. Nigeria needs Nigerian owned companies not another form of colonialism through foreign owned companies. Nigeria never learns
@@ibinabos.amachree8762 from the video I noticed that big writing is Chinese language...on the train front mirror dint you claim that the train build by you people??
Which company will be the first Nigerian 🇳🇬 electronics giant? Like Samsung, LG, Sony?
The kid from Zimbabwe who makes electricity from air...
Let them open 1 in IMO state
Let them build 1 in IMO state
LG, Samsung and Sony were once upon a time just dreams and later very tiny operations but with determination they're what they are now . Nigerian companies are on the right track .
I love what you do. Bringing out the potential of Nigeria. But unfortunately Nigeria is not safe. If after investing and you get kidnapped. All your investments will be used to buy your freedom. Pls let people know the truth
You are a true Patriot.
Nigeria is a great country full of untapped potentials.
Nice! That means more jobs for the masses. Thanks for sharing Ned! You are definitely a good Ambassador for Nigeria 🇳🇬 👏, May God bless you.
Another good one Ned. I'm investing heavy in my home state of Benue. I'm into agriculture and currently building a warehouse and clearing 2 hectares of land for farming activities (starting small). If our people understood what's really going on, they wouldn't be running off to the West. Those countries are beautiful, I was there for decades, but Nigeria is magical and we haven't even scratched the surface yet. Thank you for these wonderful and inspirational videos. Let's hope next year's elections puts someone in front that knows the worth of our country and our people
Thanks Joe for your wonderful insights 👍🏽
The west is beautiful? Nigeria is beautiful. Nice weather palm trees and beautiful people.
@@pharaohbtw Did you bother reading a few words past that statement that the west is beautiful? Did you see how I then say Nigeria is magical? Curious, what is your point?
@@malama_ka_aina i agree with you. 👍🏾
Big bro, I wish to inform you that, the sorbitol plant owned by Psaltery int'l (first of it's kind in Africa) and located in Ado-awaye, Iseyin area of Oke-ogun in Oyo state, is due for commissioning, 1st Aug, 2022.
Thus, I will suggest you try and cover it on or before the date Sir.
Ned one of the reason I keep returning to your channel is your videos are so positive and shows hope in Nigerian growth. Thanks for all the good work you do 👍
Unlike Mr Ghana that has nothing to say about Nigeria.
Excellent job my brother! Your video should receive an award from the Federal Ministry of Trade. You make the best case for investment in Nigeria than many Nigerian Embassies and consulate. The projects you featured are commendable, but there's still a wide room left to grow. I'm just becoming more conscious of the opportunities available in the Nigerian market, especially in the area of electronics and appliances. Thanks once again for your attention to detail and comprehensive production of issues relevant for the country's growth. Well done NedMedia and keep up the good work. Peace!
😀👍🏽Thanks for the amazing compliments.
The Nigerian economy needs to be re-based ... i think the GDP should be close to $1 Trillion considering all these new factories along the new Dangote's companies !!
Yes you are right. Nigeria have gotten richer but Nigerians haven’t.
@@jaybee4577 Nigeria has gotten richer and Nigerians has gotten richer too always say what you know. Nigerians are Rich
@@osej Which ones?
Because of high population growth
@@osej Thank you
I believe Nigeria next gdp rebase will be much larger than it now, but many Nigerians haven’t gotten richer due to currency devaluation.
Nigerians have gotten poorer because they are producing nothing of worth to trade abroad and therefore have weak currencies. Import reliant economies are always at the mercy of currency weaknesses
I hope the government continue to make laws and policies to enable good business practices. We need to do something about electricity, security and provide better road network throughout Nigeria. I appreciate all your enthusiasm and positive support for all Nigeria industries. Thanks for sharing.
Especially security and electricity.
Nigerian Authorities should follow the Chinese investment playbook, not allow unrestricted management control of these new investments to rest disproportionately in foreign and not Nigerian hands. If we allow that we'll sooner than later become another of those African countries whose economies rest in foreign hands.
Thank you for this, we need more investment in manufacturing (Electronics, Cars, Smartphones and many others).
Yes oooh 👍🏽
By the time the ongoing refineries projects are completed and running, the Nigerian economy will explode.
Who would say this isn't well explained. Boss you did a perfect work here I love what I see.
😍😍
God bless the federal Republic of Nigeria
You will be Nigeria's president one day, god bless you
😀😊 Thanks for watching.
well done Ned..GOD bless you richly for show casing Nigeria positively.
Thanks for watching & God bless👍🏽
Another Great Content NedMedia , kudos!!! Great information 👍👍👍
I wish more Nigerians were investing in the Nigerian market. We don't go want the economy controlled by Oyibo. We need more Dangotes.
It does not matter who provides the service. Stop thinking with a 1970 mindset. Jobs are the most umportanr thing not who owns the companies. BTW most big companies are owned by stock holders scattered around the world
I agree with you. But maybe not dangote rich. We can share the wealth a little more evenly.
What a great video👍
Yes! This is the Ned media I subbed to.
We appreciate your determination, motivation, and inspiration. Your videos are exceptional as always.
Thank you NedMedia!
Thanks Sarah for always watching 😊
Very informative.
Thank you for your positive facts finding...
This is commendable
Omo the foundation is being built 🔥🔥
I subscribed today. Kudos
Thanks for the sub Ade😊
Excellent video as always, please keep it up. I cherish your patriotism. Thanks a lot. You are showcasing Africa
Nice
"Great lofty heights attain" That is a line in Part 2 of our national anthem that the reason Nigeria is always #1 in everything and it been manifesting forever.
Thanks for this interesting and informative piece, once again
Thanks for always watching 👍🏽
I love NEDMedia. The positivity and huge promotion of the Nigerian potential in human and material resources is legendary. I duff my hat for you Ned.
NASCO and Grand Cereals are the "Big 2" Cereal companies in Nigeria and both are 100% Nigeria companies.
Nice one
Thanks for watching 👍🏽
Thanks Ned for outpouring hope for future of the Nigerians.
Thanks for watching 👍🏽
This is an awesome video. And I like your take on every issue, especially the one about consumer electronics. Manufacturing consumer electronics products locally would raise the value of the naira tremendously. That would in turn lower inflation.
You need manufacturing of appliances for sure. Good job on the economics.
Nice video bro
Thanks for watching.
Unless the Dollar shortage problem is resolved, manufacturing in Nigeria is difficult. This is because most machines, and raw materials are imported.
Airlines for instance, recently were unable to repatriate $450m. Their only option is to source for Dollars from the black market at ridiculous rate.
The other problem, is that the govt imposes double/triple taxes.
The seaport is another problem. You'd import stuff, and it would sit at the ports for 3 months.
Logistics is a problem too. Bad roads makes it costly to move goods.
How about power? Factories require power. Are you going to run your machines on diesel, or petrol and generators?
Security is discouraging too. Kidnapping is increasing at an alarming rate.
Do your research very well before you decide to start a business.
These factories should be requested to build modern day state of the art hospitals and specialist cancer hospitals in Nigeria. The products from these companies cause different cancers. It is time these companies are made to put something back to the community. These companies came to make money in Nigeria. I know they might produce jobs for people but their primary aim is to make money - profits. Nigeria should now aspire to use their own raw materials. Noodles and corn flakes are foreign to Nigeria. Why can't Nigerians start to manufacture and export Nigerian foods and culture to the world. We are tired of foreigners bringing their foods and culture to us.
Lol you mean export the backward culture?
My brother! I always look forward to your content. You effort to promote our country in positive light made me visit Nigeria recently to do my feasibility studies and currently investing in agriculture in Ogun state. Thank you for what you do and hope sometimes in the nearest future you will be appointed as our country’s mister of information or for foreign investment attraction. Kudus.
Thanks for the compliments and congrats on your investments 😊👍🏽
Hello Emmanuel, hope all is very well. Great comment. What do I need to do to invest in agriculture like u did in the continent?
Let them open 1 in IMO state
Am not sure it's wise to build a lab with tons of money and invite innovators to come and use. The govt. Should have sourced and formed a team of innovators home and abroad to reverse engineer some of the most critical machinery Nigeria needs to industrialize. That way the establishment of this lab will make economic sense. Hope this doesn't turn out to be another white elephant
Good job, good research like it takes a lot of research to know that winter wheat are better than summer. Security and infrastructure need to be improved. Refinery is almost impossible now, oil is the problem 40% that nigeria government. Get is either stolen or used to run the govt., now if you purchase the oil from oil companies they will sell it to you at global rate since they are only allowed to keep 60% they cannot give no more concessions.
Thanks for the wonderful compliments 😊
What about making flour from rice to make noodles?
You echoed my thought bro, this should be researched on, could be a brilliant idea...
Ogun state really need to sit up and invest in infrastructure. Most of the industrial areas in that state don't have good roads and this affect cost of production.
I hope they bottle the coconut also, and make it commercial.
first
Its the best country for black people to invest in.
When will Africans realize that being overly reliant on foreign MNC "investment" equals greater external dependency? No economy grows that way; but several economies, including nascent industries that were budding in Africa after nominal independence, were killed that way. Internal growth is the only sustainable growth- unless you want other countries to be able to threaten to further destabilize your economy by cutting jobs/closing their factories whenever they don't get a "yes?" Western MNCs also have massive political clout, extending to the military. Real world 101.
No economy develops without foreign investment. It has never happened.
@@revertonbailey5694 that debatable. Many countries like Japan, South Korea and China turned foreign investment into internal investment. South Korea developed with cheabols, China developed/developing through state owned companies and Japan developed through zaibatsu. These state owned/ privately owned companies developed these countries. Nigeria need more internal investment rather than foreign investment.
@@jaybee4577 In this regard I think Nigeria did better than most. Especially cuz Buhari's government prioritizes Nigerian companies.
Those yellow busses they have to change the color of those bus it makes Lagos look dirty😎
You're doing a good job promoting Nigeria. However, you sound like many naive like many naive Africans eager for western foreign companies to take over your country.
What Africans should be doing is promote self reliance by advocating for more access to capital to local African businesses and companies to invest in themselves, instead of allowing greedy multinational corporations who siphon out their profits and leave the local workers poorer.
China grew economically stronger by investing in their people through education, and turn that local talent to build cheap reliable energy supply, the backbone of development, infrastructure (roads, bridges, rails, ports, logistics, housing, Healthcare and agriculture etc.
Africa don't want to repeat the same mistakes South Africa made, by allowing foreign white Europeans to control everything in the country and make the people poor in their own country.
.How many are locally owned?
.Will the workers be treated fairly so that they van prosper?
.It's useless if all the funds will be taken away to foreigners.
.Let's hope that it's not the beginning of slave labour or something to trick poor pople.
.Will there be training for quality jobs for the locals.
❤️
But the “jubilee syringe” factory should have been included.
Yes 👍 There are too many.
@@NedMedia why I suggested it is because is the only one in nigeria even the biggest in Africa
Yeah you're right but we wanted to do very recent ones, thanks 😊
@@NedMedia alright
Africa south of the Arabs is actually a very stable place to invest in. I am definitely gonna invest there big time and will get a second home there.
So why telling us, u should go there immedialy we dont care about ur investments
@@reznikboris5 I am South African so GTFOH!!
I want to find my relatives first before I invest.
I've never seen anyone brag about Nigeria as much as this dude 🤣🤣👏
Hhhaaaiiii Ned. Just say hi to your fans, not hhaaaii to start each video.
no factories in the south east ?
Pls.. don't divide Nigeria again
INNOCENT MOTORS N COSCHRIS MOTORS ALL IN SOUTH EAST, SOUTH EAST NIGERIA IS WERE POVERTY RATE IS VERY LOW IN WHOLE OV NIGERIA, ANAMBRA STATE RIGHT NOW IS 10% POVERTY RATE SO MAY U SHOULD THE POVERTY IN UR STATE N LET US KNW
Something's not adding up here. FDI has crashed, yet you're saying foreign companies are investing massively in Nigeria. Abi where are you getting ur own statistics?
视频做的很好，看起来很棒，拍的很不错。👍如果做长视频效果或许会更好，个人建议哦，😋
?? Thanks for watching anyway👍
These investments by foreign oligopolies like Colgate, Kellogg's etc mean that much of the money made is exported abroad. Reliance on such companies mean they can exploit the poorer countries they establish themselves in by dictating the terms that they do business in the country. Nigeria needs Nigerian owned companies not another form of colonialism through foreign owned companies. Nigeria never learns
You're right but you need to look at the brighter side if this foreign investments like employments,insfrastural development of localities etc...
this not build by as dont make flase claim...
What's your point.
@@ibinabos.amachree8762 from the video I noticed that big writing is Chinese language...on the train front mirror dint you claim that the train build by you people??
@@jefvan536 and who said the train was built by Nigerians
@@jefvan536 Are you a fool?
p̲r̲o̲m̲o̲s̲m̲ 😞