Wednesday, November 18, 2009

DAG Group plans to invest $30 billion in the Niger-Delta of Nigeria

Foreign firm, Dag Group Germany/United Kingdom announced it's made plans to invest $30 billion in human and infrastructural development of the Niger Delta, due to the apparent success of the amnesty deal between militant groups and the Nigerian government.

Mr. Jason Nworah who represents the firm revealed this at a press briefing for the forthcoming two-day Niger Delta Youths Post-Amnesty Interactive forum organised by the International Centre for Poverty Alleviation and Sustainable Development (CENPAD). He also mentioned that the firm plans to get the $30 billion from the $600 billion the World Bank has allocated for the development of Africa.

The Forum Co-ordinator for the International Centre for Poverty Alleviation and Sustainable Development (CENPAD), Mr. Onuoha Oliver made the following statements:

"This peaceful atmosphere needs to be sustained and consolidated through constant dialogue and interaction between all stakeholders and youth elements in the region.

"Government's alienation and neglect of the youths in policy making and implementation is the genesis of militancy in the Niger Delta.

"Thus, this forum will gather all the renounced militants in the Niger Delta and other youth elements to hear them out, know exactly what they want and how all stakeholders with cooperation of these youths will work together for a new Niger Delta.


Related stories: Investing in Nigeria video

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  1. hi it is a good posting . i like it

  2. I appreciate the measures taken by Dag Group Germany/United Kingdom for investing their valuable money for the infrastructure projects. Hope it would be a successful one. I also recommend the writers and blogger to visit the website since this website provides the enough information regarding the investments made by the international companies across the world.