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Nigerians Divided as Presidency Shares Video of Maersk Promising $600 Million Investment

On Wednesday, the Nigerian government shared a video of a Danish shipping and logistics company, AP Moller-Maersk, pledging a $600 million investment to expand existing port infrastructure to accommodate more container shipping services at ports. Nigerians.

President Bola Tinubu’s Special Adviser on Media and Publicity, Ajuri Ngelale, in a statement on Sunday quoted AP Moller-Maersk Chairman Robert Maersk Uggla as allegedly telling his director in Saudi Arabia that “we believe in Nigeria.” , and we will invest $600 million in existing facilities and adapt ports to larger ships.”

Hours later, the company spokesperson told Lloyd’s List that, with respect to the current Nigerian government, “we are unable to comment on any investment discussions at this time.”

The statement by an assistant of the Danish company is neither an absolute confirmation nor a denial of said agreement or commitment.

However, it sparked rumours, with several Nigerians belittling the Bola Tinubu government and labeling its top media officials as liars.

The news continues after this announcement.




But Ajuri shared a video along with a statement through his Facebook page with the tag: “CUT ON TAPE: MAERSK PROMISES PORT INVESTMENT IN NIGERIA WORTH $600M.”

Recommended Reading: AP Moller-Maersk Pledges $600 Million Investment in Nigeria Port Infrastructure

He maintained that the Danish company’s promise was not a lie.

Ajuri wrote:

“In February 2024, Maersk Terminals CEO Mr. Keith Svendsen detailed the company’s $600 million investment commitment in a visit to the Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite. . During this meeting, which was captured on video, he reaffirmed Maersk’s commitment to investing more in Nigeria.

  • “In the video, the CEO of Maersk Terminals clearly outlined plans to allocate an initial $100 million, with an additional ‘half a billion dollars’ ($500 million) earmarked for port investments in Lagos, Nigeria. Sunday’s meeting in Riyadh between President Tinubu and the Chairman of Maersk was another opportunity taken to reconfirm Maersk’s growing port investment interest in Nigeria.
  • “These important investments, championed and supported by President Tinubu’s administration, are critical to generating employment opportunities for our growing population. It is imperative to recognize and praise such updates while encouraging our diligent administration and its officials to continue to aggressively drive investments in the nation.”

What Nigerians say

“You claim to have secured an investment deal in April 2024 with Maersk and are publishing “proof” which is a meeting held in February 2024 in Nigeria.

Please cut us some slack.”

“Everything is getting worse and worse. Can APC and the Tinubu government ever think outside the propaganda box to do the right things without starting with lies?

What investor, company or country will trust a government with a reputation for dishonesty, lies, propaganda and corruption?

“The fact that you guys are actually spreading a clearly faked video to prove a lie is incredible.

No. What is incredible are the dozens of people here who actually believe that the video despite watching it is clearly manipulated!

What kind of country is this?

Curse! Spit.

“It is not falsified. There is a disconnect between the audio sync, but you will see that the audio is faster than the actual video by 3-4 seconds.

Don’t be emotionally charged all the time.”

“Dear Jacob,

“Thank you for your comments. In this video, Keith Svendsen, global vice president of @Maersk, was addressing @DrDorisAnite, the current Minister of Industry, who was not appointed until 2023. What, then, could this video be in 2022? Or does @ARISEtv have a time machine that can teleport people back in time?

You can contact Maersk if you believe the video is fake or AI-generated. They are on social networks. This video in which they confirm an investment of 500 million dollars in Nigeria is from February 2024.

Thanks again and God bless you. “