Top 10 Abandoned Projects In Nigeria Worth More Than $15 Billion

Рет қаралды 30,632

2 жыл бұрын

Check out the Top 10 abandoned projects in Nigeria. These projects would contribute billions of dollars to the Nigerian economy, also see the history of Aluminium Smelter Co of Nigeria (ALSCON) as they try to reactive the plant. Like, share & subscribe, thanks for watching.
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Пікірлер: 98

@NedMedia 2 жыл бұрын

There should be a law against abandoning of projects because citizens don't get their money's worth when projects are abandoned. Like, share & subscribe, thanks for watching 👍🏽 😊

@jjonos 2 жыл бұрын

I agree! I'm loving your channel as you are digging into areas of Nigeria that are often overlooked. Keep up the good work of showing these and the best of Nigeria.

@NedMedia 2 жыл бұрын

@@jjonos Thanks JJ 😊

@sterlingferguson1704 2 жыл бұрын

The government shouldn't be trying to run businesses and let the private sector o the job.

@slabertmensah7109 2 жыл бұрын

It's also affects the. Nation economy.

@martinanuhlen8810 2 жыл бұрын

Thanks for the video. Very informative for me. My Nigirian friends don't talk much about these topics. I am forced to do my own research. I want to learn more about Nigiria because it's a great and beautiful African state with great recourses. In principle, Nigiria could develop into the strongest country in West Africa.

@timothyayoola3244 2 жыл бұрын

"Whom did we offend" I cry for this nation! It's heartbreaking.

@Vinus739 2 жыл бұрын

No wonder Chinua Achebe said "There was a country"...may his soul rest in peace.

@nsikakessien 2 жыл бұрын

ALSCON is Nigeria's first export processing factory. ALSCON is one of the biggest Aluminun Plant in Africa.

@markfactor5952 2 жыл бұрын

Nothing is more disheartening than an abandoned project

@onyiionwurah5475 2 жыл бұрын

Ned, thank you No wonder British prime minister Cemeron said Nigerians are fantastically courupt

@kevinemmanuel8525 2 жыл бұрын

Every Government is corrupt

@ajibolaobe2780 2 жыл бұрын

The British government looks the other way while billions of stolen money from abroad are laundered into their country. They should not call the kettle black.

@sulaak 2 жыл бұрын

Ned, this is a brilliant presentation, thanks .

@NedMedia 2 жыл бұрын

Thank you Sulaak😊

@ImeUdo-ObongMesoEx 2 жыл бұрын

This is the result of a GENERATION of vision less, corrupt leaders. We pray for the arising of patriotic leaders that have the courage, strategy and resilience to re take this country....Good informing video though...some of these stories MUST be told again to Nigerians of this generation so we can find a lasting solution for the sake of the next generation

@NedMedia 2 жыл бұрын

This is the result of people putting their interest before the country. If leaders are not patriotic, how will citizens be beholden to their country?

@Kingsspeaks 2 жыл бұрын

Nigeria will be great We just have to make it work.

@NedMedia 2 жыл бұрын

Absolutely 💯

@kennethosuji720 Ай бұрын

Present day hardship in Nigeria has been years in the making.

@ajibolaobe2780 2 жыл бұрын

I agree. Governments that abandon projects without a justifiable reason should be made criminally liable.

@NedMedia 2 жыл бұрын

It's unimaginable that the dredging of 12km of Imo River and lack of a small amount of capital led to the closure of ALSCON, and an eventual sale of the $3b company for peanuts. Till today no one went to jail for the losses the country suffered or for the lack of decision at the critical time. Also ALSCON was being managed by Germans...

@kehindedabiri422 2 жыл бұрын

thanks for the video, very informative, as always

@NedMedia 2 жыл бұрын

Thanks Kehinde😊

@tajuolaniyi6408 2 жыл бұрын

PDP was a disaster, despite enjoying the billions from Oil boom.

@maxwellugo4789 5 ай бұрын

While Apc demon to the highest level PDP is Saint compared Apc

@nsikakessien 2 жыл бұрын

You're doing well NedMedia.

@NedMedia 2 жыл бұрын

Thanks 😊

@chrismenadon3126 2 жыл бұрын

In Nigeria the leaders are not only the problem. The citizen is another issue

@blessingnaemi7333 8 ай бұрын

Shocked to hear Tinapa has stopped working, visited some years ago, it was an unforgettable experience… this is really sad😢

@wole4u 2 жыл бұрын

Fabulous work. Well done

@NedMedia 2 жыл бұрын

Thanks 😊

@johnughwujabor8941 Ай бұрын

Very sorry you didn't include The ogindigbe gas city project in Delta State worth about $30billion

@caniceosuagwu2580 2 жыл бұрын

Why are there no Abandoned church buildings. Or worship centres. Only industries and roads, bridges, dams, ports, and infrastructural projects are Abandoned. Typically Nigeria. Misplaced priorities Everywhere. Instead of us to work hard And do the right things like sane people, oh no prayer here and there. Tufiakwa spits

@abolajibayo4358 2 жыл бұрын

Great work! Hopefully, Buhari will fix them

@Anthony_Ola 2 жыл бұрын

Great Job NedMedia 👍🏾👍🏾👏🏾🔥🔥🔥

@NedMedia 2 жыл бұрын

Thanks Anthony 😊 👍🏽

@voicecommunities4810 Жыл бұрын

9. So 19 Northern States of Nigeria could not manage one textile company?

@slabertmensah7109 2 жыл бұрын

The authorities have to elevate their mind and restore these projects to enable the youth to have easy assess to jobs as well as to help the economy growth. Nigerian government wake up

@allenmordi376 Жыл бұрын

THE COUNTRY SHOULD BE PRIVATIZED

@RandomMZ1412 2 жыл бұрын

Good job

@NedMedia 2 жыл бұрын

Thanks 😊

@umozo1 2 жыл бұрын

all the people that chopped the money will get old one day and fathom at their stupidity.....i dont know where we will get the reset button from..but these shows you how empty our prayers are..God gave us everything..and we frittered it away...

@alexali1460 2 жыл бұрын

Incidentally to my misfortune, I worked in the first tow companies for a combined period of 12 wasted years.

@NedMedia 2 жыл бұрын

Hey Alex, you should see it as a work experience instead of wasted. There's hope that ALSCON will be back but the question is, will they recall former workers? Thanks for your insight😊

@aleksanderkuncwicz7277 Ай бұрын

Better build houses instead with the money.

@jjonos 2 жыл бұрын

I'm embarrassed as a southerner. Do we blame the north for this degree of corruption and negligence too? We need to look inwards and do better.

@JOA-JADE 2 жыл бұрын

This is what corruption, greed, nepotism, incompetence, selfishness and having round pegs in square holes looks like. But who did this to us?

@rajkumarshroff4529 2 жыл бұрын

Nigeria the land of dreamers and mega corruption,these funds should have been invested in Education,health,improvements in existing infrastructure and services and agriculture,oh Nigeria I cry for you for lost 5 decades!!

@fasilatsanusi7431 2 жыл бұрын

So sad !

@michaelwoodsmccausland5633 2 жыл бұрын

Wonderful! Musicians Against Multiple Sclerosis@ is sailing your Way. To re capitalize your Country. Through Collective Capitalism! Shine Bright! Nigeria ! Music is our Vessel! Onelv Auslane/ Absolom MWM@ Michael

@progressayitekumah8961 2 жыл бұрын

Is the government working on reviving these companies?

@NedMedia 2 жыл бұрын

They are working on some while others have been sold, so they can't do much anymore☹

@Workhardnbelieveinurself 2 жыл бұрын

How can they work to revive it when they're busy fighting that fulani herdsmen should be allowed to roam the streets of Nigeria and feed on the crops of poor farmers and kill them if they complain

@karenk177 2 жыл бұрын

@@adetunjisamson262 haha incredibly

@Workhardnbelieveinurself 2 жыл бұрын

Bro u too much👍

@adbb100 Жыл бұрын

The country itself is an abandoned project.

@naijabelle4961 2 жыл бұрын

And people.are looking for hobs The fastest way to get jobs is rehabilitating these industries. Nigeria govt is utterly useless.

@ezigbojoachim2208 2 жыл бұрын

1980

@theconceptsinscribed8859 2 жыл бұрын

I had high hopes for Tinapa. So much wasted capital investment in this video.

@quickvictor 2 жыл бұрын

Lol. #6 contractor name: AWOL Group of Companies (absent without leave?)

@seanbryan1739 2 жыл бұрын

Hshaaa so fitting a name

@akpoyibooghenemarojones2370 2 жыл бұрын

Never again PDP !!!!

@femijimoh5663 2 жыл бұрын

I think it would ve been better if u ended this video just as u started

@clementsamuel4117 2 жыл бұрын

Are they ready to fix this companies back

@iheanyinnaji9254 2 жыл бұрын

A lot of questions and no answers. It is very true that Gov't should keep its hands off business and leave it to the private sector. See, telecoms, banking and cement are successfully managed in Nigeria.

@johnnwabuforudemezue1108 2 жыл бұрын

Anything to undermine the South

@evaristusnwambeke8778 2 жыл бұрын

@@adetunjisamson262 what has IPOB got to do with the discussion?

@fmac6441 2 жыл бұрын

If you accept a suggestion. If you're going to make a list, put the most interesting case last or separate it into different videos. The initial part was very informative, but I lost interest in watching the rest of the list, especially since the cases were not treated as carefully as the first.

@NedMedia 2 жыл бұрын

Point taken thanks😊

@isadore9793 2 жыл бұрын

what a disappointment government.

@playgirl7305 2 жыл бұрын

AWOL Group abandoned an airport project?

@NedMedia 2 жыл бұрын

😀😅🤣 It's funny! Actually they didn't have the money to finance the construction and their Turkish partner couldn't back the project either so their concession agreement was revoked.

@playgirl7305 2 жыл бұрын

@@NedMedia Awol : Absent With Out Leave, a famous Hollywood movie called Awol. with Van Damme when he deserted the army.

@toochukwuowoh606 2 жыл бұрын

You said next to nothing about ajaokuta, I was born and raised there and there's a lot to be said while it never worked

@NedMedia 2 жыл бұрын

Time factor. Justice will be done to Ajaokuta in another video, thanks for your insight.

@domclouston5037 2 жыл бұрын

The iron plant should never been put there.The iron ore locally is at 32%fe,economic at greater than50%fe.ghana ore is at 52% to 62%fe and needs hard coal without sulphur.nigerian coal has sulphur.Bring in steel billets and old railway irons,then make std rails plus gas pipes.The plant is all there!