• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Digital Media Reactions

Nigerians divided as presidency shares video of Maersk pledging $600 million investment

Nnaemeka Onyekachi by Nnaemeka Onyekachi
May 2, 2024
in Reactions, Street Wise
Maersk
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian government, on Wednesday, shared a video of a Danish shipping and logistics company, A.P Moller-Maersk, pledging a $600 million investment to expand existing port infrastructure to accommodate more container shipping services in Nigerian ports.

The Special Adviser to President Bola Tinubu on Media and Publicity, Ajuri Ngelale, had, in a statement on Sunday, quoted Chairman of A.P Moller-Maersk, Mr. Robert Maersk Uggla, supposedly telling his principal in Saudi Arabia that ”we believe in Nigeria, and we will invest $600 million in existing facilities and make the ports accommodating for bigger ships.”

Hours later, the company spokesperson told Lloyd’s List that regarding the present Nigerian government, “We are not able to comment on any investment talks at this stage.”

MoreStories

Nigerian Orphanages to consider supporting this Christmas season 

Nigerian Orphanages to consider supporting this Christmas season 

December 22, 2024
NDELA

“Married women must bring letter of approval from husband to travel”- NDLEA 

October 10, 2024

The statement from an aide to the Danish company is neither an outright confirmation nor denial of the said deal or pledge.

However, it sent tongues wagging, with several Nigerians disparaging the Bola Tinubu government, labelling his key media officials as liars.

But Ajuri shared a video alongside a statement via his Facebook page tagged, “CAUGHT ON TAPE: MAERSK PLEDGES $600M WORTH OF PORT INVESTMENT IN NIGERIA.”

Recommended reading: A.P Moller-Maersk pledges $600 million investment in Nigeria’s seaport infrastructure

He maintained that the pledge by the Danish company was not a lie.

Ajuri wrote,

“In February 2024, Maersk Terminals Chief Executive Officer, Mr. Keith Svendsen detailed the company’s $600m investment commitment on 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 Maersk Terminals CEO clearly outlined plans to allocate an initial $100 million, with an additional ‘Half-Billion dollars’ ($500m) earmarked for port investment in Lagos, Nigeria. Sunday’s Riyadh meeting between President Tinubu and the Maersk Chairman was another opportunity seized to reconfirm Maersk’s expanding port investment interest in Nigeria. 
  • “These substantial investments, championed and supported by President Tinubu’s administration, are instrumental in generating employment opportunities for our growing population. It’s imperative to recognize and commend such updates while encouraging our diligent administration and its officials to continue aggressively driving investments into the nation.”

What Nigerians are saying

  • Bishop One Magic

“You claim to secure an investment deal in April 2024 from Maersk, and you are posting “prove”- which is a meeting held in February 2024, in Nigeria.

Please cut us some slack.”

You claim to secure an investment deal in April 2024 from Maersk, and you are posting "prove"- which is a meeting held in February 2024, in Nigeria.
Please cut us some slack. https://t.co/oZIgmoc70t

— Bishop Adamu-Chitumu (@BishopOneMagic) May 2, 2024

 

  • David Eboh

“It’s all going more wrong and getting worse. Can APC and Tinubu’s govt ever think outside of propaganda box to do the right things without the starting with lies?

Which investor, company or country will trust a govt with reputation for dishonesty, lies, propaganda and corruption?”

It’s all going more wrong and getting worse. Can APC and Tinubu’s govt ever think outside of propaganda box to do the right things without the starting with lies?
Which investor, company or country will trust a govt with reputation for dishonesty, lies, propaganda and corruption?

— David Eboh (@DavidEboh5) May 1, 2024

  • Winston Adaete

“The fact that you people are really spreading a clearly forged video to prove a lie is incredible.

No.  What is incredible is the scores of people here who actually believe the video despite seeing it is clearly doctored!

What sort of country is this?

Damn! Spits.

The fact that you people are really spreading a clearly forged video to prove a lie is incredible.
No.
What is incredible is the scores of people here who actually believe the video despite seeing it is clearly doctored!
What sort of country is this?
Damn! Spits.

— Winston Adaete 🤓 (@Adaete1) May 1, 2024

  • Jordan Omelora

“It’s not forged. There’s a disconnect between the audio synch but you’d see that the audio is faster than the actual video by 3-4 seconds.

Don’t be emotionally charged all the time.”

It's not forged. There's a disconnect between the audio synch but you'd see that the audio is faster than the actual video by 3-4 seconds.

Don't be emotionally charged all the time.

— Jordan W. Omelora (@chukwukwame) May 1, 2024

  • Reno Omokri

“Dear Jacob,

“Thank you for your feedback. In this video, Keith Svendsen, Global VP of @Maersk, was addressing @DrDorisAnite, the current Minister for Industry, who was only appointed in 2023. How, then, could this video be in 2022? Or @ARISEtv has a Time Machine that can teleport people into the past?

You can contact Maersk if you think the video is fake or AI-generated. They are on social media. This video of them confirming a $500 million investment in Nigeria is from February 2024.

Thanks again, and may God bless you. ”

Dear Jacob,

Thank you for your feedback. In this video, Keith Svendsen, Global VP of @Maersk, was addressing @DrDorisAnite, the current Minister for Industry, who was only appointed in 2023. How, then, could this video be in 2022? Or @ARISEtv has a Time Machine that can teleport… pic.twitter.com/EBFigMMKlR

— Reno Omokri (@renoomokri) May 1, 2024

 

 


Follow us for Breaking News and Market Intelligence.
Tags: A.P Moller-MaerskAjuri NgelaleSeaport
Nnaemeka Onyekachi

Nnaemeka Onyekachi

My name is Nnaemeka Onyekachi, a writer, public speaker and an award winning journo with over 5,000 reports on a wide range of topics associated with the Nigerian society and the international community. Currently serving as a Senior Editorial Analyst at Nairametrics, my passion lies in delivering insightful financial,corporate, economic news and analysis on foreign relations, governance, judiciary and legislature.

Related Posts

Tinubu appoints Ajuri Ngelali as Special Adviser on Media and Publicity   
Business

Presidency responds as Tinubu’s Spokesman, Ajuri Ngelale, steps down over health issues 

September 7, 2024
No customs duty and VAT on CNG conversion kits imports – Ajuri Ngelale
Breaking News

Tinubu’s Spokesman, Ajuri Ngelale, steps down from his role over medical matter

September 7, 2024
President Tinubu must keep his campaign promise on Nigerian Crypto Industry
Appointments

Tinubu appoints late Yar’Adua’s former economic adviser, Tanimu Yakubu, as new DG Budget Office

June 13, 2024
President Bola Ahmed ,
Appointments

Tinubu appoints spokesman as special envoy on climate action, establishes green economic committee

May 19, 2024
Calabar Port stayed 25 years without receiving container vessels – Port Manager
Business

A.P Moller-Maersk pledges $600 million investment in Nigeria’s seaport infrastructure 

April 29, 2024
President Bola Tinubu,
Appointments

President Tinubu appoints CEOs of NESREA and NBRDA

April 27, 2024
Next Post
Naira , dollar, exchange rate

FX gains ease inflation pressure on businesses as Nigeria’s PMI jumps to 51.1- Report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast
uba
tajbank
arco
access bank
nairametrics
first bank






DUNS

Recent News

  • Lafarge Africa Plc premieres “Beyond Buildings” campaign 
  • CBN approval of 82 BDC licences raises market stability concerns 
  • Cocoa claws back 12% in early December after surplus estimates narrow 

Follow us on social media:

Recent News

Lafarge Africa Plc premieres “Beyond Buildings” campaign 

Lafarge Africa Plc premieres “Beyond Buildings” campaign 

December 11, 2025
CBN, forex

CBN approval of 82 BDC licences raises market stability concerns 

December 11, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics