9gerian:


As (temporarily) comforting as the plan may seem, Nigeria and its citizens should know that they would surely pay for such abdication of the government's responsibilities; while Dangote would be far better for it. In years to come Dangote would not only be the richest, but the most powerful man on whose shoulders rest the socio-economic and political prowess of Nigeria. It is safe to say then that Capitalism has fully taken over!!!

danduke85:
They might as well hand over the country to Dangote. Other business men no dey?

mfm04622:


How many months is too long? In what time should the design be done?

sabama007:


Mr. Joseph

arsenal33:


Other businessmen should put themselves forward.
stop lamenting

bonechamberlain:
what facts are you talking of, u didn't even site an example of where the U.S as u claim involved in PPP to construct a major economic road that costs less than 5billion don't divert into provision of amenities and other folktales everyone knows that. we are talking about road construction. what the NPA generates in a week would fix that road. you are just trying to be mischievous.

Adeyeye09:
They should just hand over Nigeria to Dangote. clueless pple...

gretblue:

Take, for example, the East End Crossing bridge project connecting southern Indiana with northern Kentucky across the Ohio River. The state of Indiana, acting through the Indiana Finance Authority, is the project sponsor. The bridge is being developed through a public-private partnership with Walsh Investors LLC, VINCI Concessions, and Bilfinger Project Investments, which joined together to form a company called WVB East End Partners. The company will construct and maintain the bridge for a period of 35 years.

Under the terms of the deal, the Indiana Finance Authority will make progress payments totaling $392 million to WVB East End Partners during construction. The remaining construction costs will be covered with $676 million in PAB proceeds and $78 million in private equity. In total, private equity represents only 7 percent of project costs, while public funds and PAB debt account for 93 percent.

Drivers will pay a toll to use the bridge, and Indiana and Kentucky will split the revenue from the tolls. Importantly, WVB East End Partners will receive an annual availability payment from the state of Indiana regardless of the amount of toll revenue generated by traffic on the bridge. Because the state must make its availability payment each year no matter what fluctuations may occur with traffic on the bridge, this approach removes all toll revenue risk for the private company. WVB East End Partners will use the availability payments from the state of Indiana to service the PAB debt and cover ongoing operations and maintenance on the bridge.
You can see you are the ignorant and Mischievous one. Don't just spend your data on Bbn , use your data to know more happenings around the globe. PPP or Concession is a global practice. No government in the world can do it all alone.

bonechamberlain:
u had to research for days to bring out this irrelevant info. and sorry everyone cannot be u who waste time on useless shows like the one u stated. u are still mischievous, and unwise, if u aren't u wouldn't compare the FG engaging in a PPP to construct a less than 5billion naira road that is of economic importance to a nation to an almost 1 billion dollar bridge, being constructed by a state so u are saying the FG of a major oil producing nation, should be engaging in a PPP to construct a less than 30 million dollars road that is of economic importance to the country. don't defend the undefendable. maybe u need to use ur data wisely next time and research were the FG of the U.S (since u have decided to site the U.S) engaged in a PPP involving less than 50 million dollars to construct a road that us of economic importance to the country.

gretblue:

Its obvious , you know next to nothing. You had earlier argued US did not involve in Concession or PPP. Now have shown you on numerous occasions where US did involve in such exercise, your blind argument now is the huge cost involved in the same process that involved Nigeria and US. Don't be inferior to the whites. The simple fact that America also invovles in a concession/ PPP process is enough for you to hide your face.

bonechamberlain:
oga we are talking of countries, and u are giving me info of a state, u need to go back and read, then show where I doubted that US don't involve in PPP even a toddler knows that, I asked u to site an example and u state the state of Indiana, is the state of Indiana the US federal government. u need to continue doing your research.

bonechamberlain:
u had to research for days to bring out this irrelevant info. and sorry everyone cannot be u who waste time on useless shows like the one u stated. u are still mischievous, and unwise, if u aren't u wouldn't compare the FG engaging in a PPP to construct a less than 5billion naira road that is of economic importance to a nation to an almost 1 billion dollar bridge, being constructed by a state so u are saying the FG of a major oil producing nation, should be engaging in a PPP to construct a less than 30 million dollars road that is of economic importance to the country. don't defend the undefendable. maybe u need to use ur data wisely next time and research were the FG of the U.S (since u have decided to site the U.S) engaged in a PPP involving less than 50 million dollars to construct a road that us of economic importance to the country.

gretblue:

From US does not involve in Concession/ PPP, to US only involves in Concession/ PPP when the cost is $500billion and now , again only States in US do involve in PPP / Concession. I would rather safe my time to debate with a more learned fellow. #Peace

deomelllo:



You asked for examples, but after showing your example, you moved your ignorant goal post monetary requirment for PPP projects as if you are the God and ruler of PPP.

PPP is PPP regardless the dollar or naira amount. ipibs sitting on NL don't decide or get to decide the monetary value or requirement of PPP projects unless you have a documented global requirement where PPP monetary values are prerequisites.


You people come up with the most ridiculous and absurd rubbish ever.

bonechamberlain:
deomello or whatever u called, go and look for ur likes (zombies) to quote and disturb.