warrior01:
Good but people with light fingers like Fashola and Amaechi shouldn't near there o!

Are you saying Fashola is a thief?

APC go soon say na campaign promise wer dem dn start to fulfill wat a set of foolish pple dat thrive in lies buhari finally have saints rubbish

Big big talk! Well, nice initiative. How can one access these funds? Am ready to give out my NYSC certificate. Lol.....

Akynzodeighbour:
na state coordinator's go chop am finish

That is not only impossible, it is also impossi_can't, with the fear of Sai Baba's body language abi na body odour wey dey make all corrupt elements to dis_farahan aka disappear.

Never mind that Audu Abubakar is Kogi state APC candidate despite $11 billion case with EFCC and Timipre Sylva is for Bayelsa state despite his own case with EFCC also.

Who wants to be a mugu



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mistabiola:



★★★Nice move but I don't trust Nigeria system ★★★~ ©Mistabiola®

bro, abeg tell me hw u change d font colour...av bin tryin it and can't get it

biafransoul:
Are you saying Fashola is a thief?

Are you saying he is not a thief


* Four years ago, with plenty fanfare, our former gomina (governor) waka go Toronto for inspect and buy aloku scrap metal trains =>

AUGUST 10, 2011

The Lagos deal would be the first of its kind for the TTC. Decommissioned cars are usually sold for scrap metal and can fetch up to $1,500 dollar each. While Ross declined to discuss specific figures, he says the sticker price for Lagos is "significantly more" than scrap prices, putting the potential profits to the TTC in the millions of dollars.

It is not unusual for technology from western nations to end up in poorer countries. Marketplaces in Africa and Asia are flooded with North American clothes, computers, and even cars, but the purchase of larger technology like trains is rarer.

The cars will have to be significantly refurbished to fit existing infrastructure in Lagos, and some Nigerian media reports have lamented that the government appears to have settled on "tokundo," or used, trains instead of brand new vehicles.

Although half the cars are more than 30 years old, Ross is adamant they are perfectly safe and are only being decommissioned for capacity reasons. But he also admitted the TTC is not required to make sure the cars meet any safety standards before selling them.

"Once sold, it's up to the new operator to ensure they are in good working order," he said. "They do need to be maintained much more frequently than the new trains, simply because of their age. At some point they will run out their useful life."

Murtaza Haider, director of the Institute of Housing and Mobility at Ryerson University, said the age of the cars is definitely a cause for concern.

"We should be ensuring that there is some service life left in these vehicles and we're not going to be playing havoc with the lives of those who would ride these vehicles," Haider said. "There's metal fatigue, and that metal fatigue could result in dangerous conditions. I would be paying a close watch on this for the next ten years to see how many accidents do happen in Lagos."

More from: https://nowtoronto.com/news/next-stop-nigeria/

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www.nairaland.com/attachments/986970_226204_217133461639780_436735_n_jpg881704f0a82d9e191193a6cb576f8d24


* In January 2013, i.e. some two years after the Toronto visit, our "excellent" former governor said the trains will be ready by June, i.e. five months after the unsolicited statement, based on his inspection & assessment of work done so far at the time =>

Lagos light rail’ll be ready in June – Fashola
JANUARY 9, 2013

The Lagos State Governor Babatunde Fashola on Tuesday said the first phase of the state Blue Light Rail project would be completed by June this year(2013).

He expressed confidence that Lagosians would start enjoying the services of the lrail project immediately.

The first phase would run from Marina and terminated at Okokomaiko area in Ojo Local Government.

Fashola spoke during an inspection of ongoing projects in the state which took him and his cabinet members to Orile-Iganmu, Alimosho and Ejigbo areas among others to assess the level of works being done by contractors.

The governor, who inaugurated the trackwork of the blue light rail at Alaba Suru, Coker-Agunda Local Council Development Area, said the level of work on the road and those of the National Theatre and Alaba-Mile 2 rail stations, would ensure early completion

He said, “In order to finish the project, the contractor did not go on vacation during the festive period. This will ensure that the project is delivered on time for the use of Lagosians.

More from: http://www.punchng.com/news/lagos-light-railll-be-ready-in-june-fashola/

* Last year, our fine-boy-no-pimples former Misita Gomina confessed he had already spent a whopping sum of N160 billion on the light rail that was supposed to be in use since June 2013. Depending on the exchange rate he used that could be $1 billion to $1.2 billion spent

How We Spent N160bn World Bank Loan on Light Rail Project
11 Sep 2014
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He, therefore, explained that the state government already “has in place, strategies to repay the loan. The federal government was in the know of the state’s decision to take the bond and it approved it.”

He added that the truth “is that what they do not also say is that no state in Nigeria can borrow money outside, from any multilateral agencies without the approval of the federal government.

“What they did not say is that they approved it. No state can raise money by bond the way we have done without the federal government’s approval. Both SEC and NSE are all federal regulatory agencies through which we must pass. If they said okay, it means there must be something good about the debt.

More from: http://www.thisdaylive.com/articles/lagos-how-we-spent-n160bn-world-bank-loan-on-light-rail-project/188736/

As of today, we nor see train, even sef all the billion, billion $$$$$$$$$$$$$$$$$ don disappear enter Toronto. We prayer be sey make dem nor turn around small time sey na bad business like the N8 billion Sunborn floating hotel

In fact the new governor, Ambode now dey tell us sey na to restructure the financing and delivery will be in 18 months time. Laakulilai, we don suffer finish in the hands of these SCAM masters and smooth operators =>

Why I reached out to Igbo voters –Ambode, Lagos APC governorship candidate
APRIL 4, 2015
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When is the light rail going to be delivered, the project seems to be going on for years?

I just said it, it’s being funded by Lagos State and the Federal Government support is not there. But I believe strongly that we will create a financial restructuring that will allow us to deliver that light rail within the next 18 months.

More from: http://www.punchng.com/feature/hotseat/why-i-reached-out-to-igbo-voters-ambode-lagos-apc-governorship-candidate/

Una wey sabi financial management small go know sey the man just dey tell us sey money don finish dem must BORROW plenty $$$$$$$$$$$ loan again to have any hope whatsoever of using the trains in 18 months lohun lohun far away longest time!
Can anyone reconcile the fact that the federal government approved LASG's World Bank loan for this project yet the new governor dey spin us long tales of no federal support. He must think we are all baby pikins wey mama fit tell FAKE tory

All this News are just AUDIO. We just dey hear am....awon hoeniranu

LETS HOPE THIS REACHES THE NYSC AND IS NOT CHOPPED ON THE WAY

I will redo my NYSC if only if they can give N30m loan.

To repay back in 10yrs

Cool stuff!

Wait first, if na to sell for road side, I no follow....

RemyMartins:
The Bank of Industry has established a N2bn entrepreneurial fund for members of the National Youth Service Corps.

The Graduate Entrepreneurial Fund was jointly launched by the bank and the NYSC in Lagos on Monday.

The Managing Director, BoI, Mr. Rasheed Olaoluwa, stated that the initiative was meant to provide solution to graduate unemployment in Nigeria.

Olaoluwa noted that judging by the National Bureau of Statistics’ data that of the over 250,000 graduates that enrolled in the NYSC scheme each year, over 41 per cent were without employment after the mandatory programme, because job creation had not kept pace with the growth in the country’s working population.

The BoI MD commended the NYSC Directorate for promoting an entrepreneurial mind set among the members through its Skills Acquisition and Entrepreneurship Development initiative.

The SAED, a capacity building programme, was introduced in March 2012 by the NYSC as part of its orientation course content with the aim of raising an army of entrepreneurs that will drive the economy instead of job seekers trudging the streets in search of jobs.

Olaluwa noted, however, that corps members were usually deprived of the full benefits of the programme because they often engaged in numerous other activities during the orientation programme.

According to him, this also inhibits their ability to generate bankable business plans that can attract funding by financial institutions.



http://www.punchng.com/business/business-economy/boi-establishes-n2bn-fund-for-nysc-members/

This is what the yours need not ministerial positions.

They can also be under secretaries though.

o boi..i won go back

self employment is the best option to acquire wealth. all this white collar job doesn't pay for everyone.

now the distinction BTW wealthy and rich had received its breath



Nice move!

Nice move, hope it goes to where it belongs...


YOU CAN SHARE YOUR NYSC COMPLETE YEAR EXPERIENCE WITH THE WORLD IN PICTURES OR PIC+WRITTEN... CLICK ON THE LINK TO KNOW HOW TO GET IT DONE WITHIN A DAY... www.bamisepeters.com/2015/10/nysc-batch-2014c-share-your-experience.html

Abasi mbok, help me to be among the benefiaries of this loan.

RemyMartins:
The Bank of Industry has established a N2bn entrepreneurial fund for members of the National Youth Service Corps.

The Graduate Entrepreneurial Fund was jointly launched by the bank and the NYSC in Lagos on Monday.

The Managing Director, BoI, Mr. Rasheed Olaoluwa, stated that the initiative was meant to provide solution to graduate unemployment in Nigeria.

Olaoluwa noted that judging by the National Bureau of Statistics’ data that of the over 250,000 graduates that enrolled in the NYSC scheme each year, over 41 per cent were without employment after the mandatory programme, because job creation had not kept pace with the growth in the country’s working population.

The BoI MD commended the NYSC Directorate for promoting an entrepreneurial mind set among the members through its Skills Acquisition and Entrepreneurship Development initiative.

The SAED, a capacity building programme, was introduced in March 2012 by the NYSC as part of its orientation course content with the aim of raising an army of entrepreneurs that will drive the economy instead of job seekers trudging the streets in search of jobs.

Olaluwa noted, however, that corps members were usually deprived of the full benefits of the programme because they often engaged in numerous other activities during the orientation programme.

According to him, this also inhibits their ability to generate bankable business plans that can attract funding by financial institutions.



http://www.punchng.com/business/business-economy/boi-establishes-n2bn-fund-for-nysc-members/

Good one.

Is dis a way out? come to think of it,how many corper will get the fund.Pls Government if you want to help this people pay them all to enable them start something.

GentleYoung:
I pray it's not like youwin,that they were selecting their family members and relatives from abroad.
Madam NOI

na wah 4 youooooo,

everybody become CHRISTIAN.

not just the NYSC, but wht of other graduates who are in the labour market that has nothing to do, forced to meet the bad economy, what are ur plans to them

SureP
GIS...

All na scam

There's no more trust in Naija hmmmmm

tolexy007:
Good, but i pray it is distributed to proper cahnnel....cos sometimes, na only news paper you go see am, the money no go reach the right place

Its been a good progress I must tell u, exibition of skills took place last week at the bank's head office in Lagos.....NTA got it covered and corps members are benefiting from the programe.

GentleYoung:
I pray it's not like youwin,that they were selecting their family members and relatives from abroad.
Madam NOI

YouWin was a very credible programme. I know 3 people close to me that won in it and got a grant up to 10 million naira without knowing anybody. They applied online like every other persons and went through the process.