Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,107,662 members, 7,668,499 topics. Date: Wednesday, 06 December 2023 at 12:27 PM

Ambode Gives Land To German Firm Investing $75m In Lagos. - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Ambode Gives Land To German Firm Investing $75m In Lagos. (859 Views)

Yusuf Buhari To Be Transferred To German Hospital Over Brain Injury (Photo) / Ambode Gives Quit Notice To Property Owners Blocking Drainage Channels In Lagos / Lagos Donates Land To German Firm Investing $75m In Lagos (2) (3) (4)

(1) (Go Down)

Ambode Gives Land To German Firm Investing $75m In Lagos. by aresa: 4:05am On Sep 09, 2016

[b]Firm To Create 15,200 Direct Employment, Train 800 Annually The Lagos State Governor, Mr. Akinwunmi Ambode, on Thursday, demonstrated his commitment to attract foreign investors into the State by approving land for the establishment of a training centre in Lagos where architects, civil engineers and craftsmen will be trained on modern trends and technologies in the construction sector. Lagos State Governor, Mr. Akinwunmi Ambode (middle); with Leader of Delegation, Knauf Group Management Committee, Isabel Knauf (left) and Consul General of Germany, Mr. Ingo Herbert (right) during a Courtesy visit to the Governor at the Lagos House, Ikeja, on Thursday, September 8, 2016. Governor Ambode, who gave the approval when he received a delegation from The Knauf Group, which is a German firm currently establishing a $75miilion building/construction tools manufacturing factory in Lagos, said the approval for the land became imperative in view of the need to encourage investors to continue to invest in Lagos. The Knauf Group is one of the world’s leading manufacturers of modern insulation materials, dry lining systems, plasters and accessories, thermal insulation composite systems, paints, floor screed, floor systems, and construction equipment and tools.

The delegation was led by a member of the Management Committee of the firm, Isabel Knauf and Consular General of German Embassy in Lagos, Mr. Ingo Herbert. Governor Ambode, who recalled the last time Herbert visited the Lagos House about eleven months ago, said his administration has remained focused to the promise of upholding judicial and security sector reforms, as well as creating a friendly environment for investment to thrive. He said the massive investment by The Knauf Group in Lagos was a pointer to the fact that investors were still willing to invest in Nigeria despite the economic recession, and that the country will come out of the economic doldrums even stronger.

I must commend the German government and The Knauf Group for showing something important to all Nigerians that beyond the economic recession, their total believe in our economy is unshaken because it is not enough for any investor to come into an area where they have never invested before and months after, the parameters for investment are not really looking good, but you stuck in there and beyond the fact that you have gone to procure land, you also have an established office within the last eleven months and you are already pumping in money into what you want to do. “This is a great pointer to the fact that you believe in the Lagos economy and also believe in the future of Nigeria and I like to encourage other investors to emulate what your firm and government is doing in Lagos and as they show interest, we will not hesitate to give them the necessary support,” the Governor said. Governor Ambode said The Knauf Group specifically deserved to be commended for not just investing in Nigeria, but also bringing the German vocational expertise on an area of construction that was hitherto not in existence in Nigeria into Lagos. Besides, the Governor said he was excited about the fact that the firm was not just establishing a factory here in Lagos, but also a training centre where Nigerians will be trained, adding that he would stop at nothing to encourage investors such as The Knauf Group.

Earlier, Isabel Knauf said the team was at the Lagos House to brief Governor Ambode on the progress made so far since the project started in September 2015. She said the firm has 23 training centres all over the world training about 14,000 people annually, and that they would like to build the same training centre in Lagos where architects, civil engineers and craftsmen would be trained on how to technically install their products. She said upon completion of the factory, the firm would create 25,000 direct employment, adding that the training centre will cost about two million Euros to establish, while at least 800 Nigerians will be trained annually in the first phase. Knauf, however, solicited the support of the State Government in land space for the training centre and permit issues, a request which was instantly granted by the Governor.[/b]


eko o ni baje o..


Re: Ambode Gives Land To German Firm Investing $75m In Lagos. by rhymaster: 4:13am On Sep 09, 2016
Good one! SW setting the pace! Some people destroying their future!
Re: Ambode Gives Land To German Firm Investing $75m In Lagos. by Akby(m): 4:55am On Sep 09, 2016
Our dear brothers won't like this.
Who ranting don epp?
Re: Ambode Gives Land To German Firm Investing $75m In Lagos. by Ajibel(m): 5:00am On Sep 09, 2016
Kai aresa don beat me to this. I was about to post this.

I think something cool Ambode has done is the introduction of his Lagos Global office to attract FDIs and despite the economic recession, we keep on hearing of news about investors coming into Lagos.

This is something that should be learnt across board.

Lagos state takes the largest chunk of FDI into Nigeria but they are still not satisfied. I love this kinda governance.

Eko o ni baje ooo...

1 Like 1 Share

Re: Ambode Gives Land To German Firm Investing $75m In Lagos. by PassingShot(m): 5:03am On Sep 09, 2016
Very good one. I keep saying it that even though all politicians are the same, APC states are shoulder and head above PDP States with exception of a few.

Ambode, Aregbesola, Amosun, Oshiomole, El Rufai, and many other APC governors are proving that APC is a better party than the Poverty Development Party.


Re: Ambode Gives Land To German Firm Investing $75m In Lagos. by Aufbauh(m): 5:09am On Sep 09, 2016
Lagos has always been the pacesetter, and will remain a pathfinder to others for a long time due to its strategic socio-economic positioning.

To some Nigerians that reside outside Lagos or visit occasionally,Lagos seems to be overhyped but to those who lived and worked in it,it is a land flowing with milk and honey and consider underrated by the central government.
Do you wondered why people stick and patronizes this city in spite of it's buzzing and stress....... It is simply because of the treasures in the lagoon.

1 Like

Re: Ambode Gives Land To German Firm Investing $75m In Lagos. by johnwizey: 5:30am On Sep 09, 2016
Lagos is working

1 Like

Re: Ambode Gives Land To German Firm Investing $75m In Lagos. by glowithdan(m): 5:48am On Sep 09, 2016
Nice one. This is what other States needs right now.
Re: Ambode Gives Land To German Firm Investing $75m In Lagos. by Mynd44: 5:59am On Sep 09, 2016


Polyps Surgically Removed From Buhari's Nostrils During UK Trip. / My View On Edo Election - Inibehe Effiong / Probe Babangida, Obasanjo, Others, Sani Tells Buhari

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2023 Oluwaseun Osewa. All rights reserved. See How To Advertise. 53
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.