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

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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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7 сен 2021

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Комментарии : 98

@NedMedia 2 года назад

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 года назад

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 года назад

@@jjonos Thanks JJ 😊

@sterlingferguson1704 2 года назад

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

@slabertmensah7109 2 года назад

It's also affects the. Nation economy.

@martinanuhlen8810 2 года назад

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 года назад

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

@nsikakessien 2 года назад

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

@Vinus739 2 года назад

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

@markfactor5952 2 года назад

Nothing is more disheartening than an abandoned project

@onyiionwurah5475 2 года назад

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

@kevinemmanuel8525 2 года назад

Every Government is corrupt

@ajibolaobe2780 2 года назад

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.

@Kingsspeaks 2 года назад

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

@NedMedia 2 года назад

Absolutely 💯

@ImeUdo-ObongMesoEx 2 года назад

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 года назад

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?

@tajuolaniyi6408 2 года назад

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

@maxwellugo4789 4 месяца назад

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

@sulaak 2 года назад

Ned, this is a brilliant presentation, thanks .

@NedMedia 2 года назад

Thank you Sulaak😊

@ajibolaobe2780 2 года назад

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

@NedMedia 2 года назад

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 года назад

thanks for the video, very informative, as always

@NedMedia 2 года назад

Thanks Kehinde😊

@Anthony_Ola 2 года назад

Great Job NedMedia 👍🏾👍🏾👏🏾🔥🔥🔥

@NedMedia 2 года назад

Thanks Anthony 😊 👍🏽

@blessingnaemi7333 7 месяцев назад

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

@abolajibayo4358 2 года назад

Great work! Hopefully, Buhari will fix them

@chrismenadon3126 2 года назад

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

@wole4u 2 года назад

Fabulous work. Well done

@NedMedia 2 года назад

Thanks 😊

@kennethosuji720 29 дней назад

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

@nsikakessien 2 года назад

You're doing well NedMedia.

@NedMedia 2 года назад

Thanks 😊

@RandomMZ1412 2 года назад

Good job

@NedMedia 2 года назад

Thanks 😊

@Workhardnbelieveinurself 2 года назад

Bro u too much👍

@slabertmensah7109 2 года назад

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

@johnughwujabor8941 9 дней назад

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

@allenmordi376 Год назад

THE COUNTRY SHOULD BE PRIVATIZED

@caniceosuagwu2580 2 года назад

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

@voicecommunities4810 Год назад

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

@fasilatsanusi7431 2 года назад

So sad !

@umozo1 2 года назад

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 года назад

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

@NedMedia 2 года назад

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😊

@michaelwoodsmccausland5633 2 года назад

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

@jjonos 2 года назад

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.

@aleksanderkuncwicz7277 16 дней назад

Better build houses instead with the money.

@progressayitekumah8961 2 года назад

Is the government working on reviving these companies?

@NedMedia 2 года назад

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

@Workhardnbelieveinurself 2 года назад

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 года назад

@@adetunjisamson262 haha incredibly

@JOA-JADE 2 года назад

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

@ezigbojoachim2208 2 года назад

1980

@rajkumarshroff4529 2 года назад

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!!

@quickvictor 2 года назад

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

@seanbryan1739 2 года назад

Hshaaa so fitting a name

@theconceptsinscribed8859 2 года назад

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

@naijabelle4961 2 года назад

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

@femijimoh5663 2 года назад

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

@johnnwabuforudemezue1108 2 года назад

Anything to undermine the South

@evaristusnwambeke8778 2 года назад

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

@clementsamuel4117 2 года назад

Are they ready to fix this companies back

@iheanyinnaji9254 2 года назад

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.

@adbb100 Год назад

The country itself is an abandoned project.

@fmac6441 2 года назад

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 года назад

Point taken thanks😊

@playgirl7305 2 года назад

AWOL Group abandoned an airport project?

@NedMedia 2 года назад

😀😅🤣 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 года назад

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

@isadore9793 2 года назад

what a disappointment government.

@toochukwuowoh606 2 года назад

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 года назад

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

@domclouston5037 2 года назад

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!