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Nairaland Forum / Nairaland / General / Politics / Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains (954 Views)
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Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by Jen33(m): 1:03pm On Mar 25, 2011 |
Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains The drive by Goodluck Jonathan to get the country moving gathers steam, as he pledges $6 Billion on locomotives in an all out drive to make Nigeria the RAIL HUB of West Africa. http://www.bloomberg.com/news/2011-03-25/nigeria-to-spend-912-billion-naira-on-locomotives-punch-says.html |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by Jen33(m): 1:08pm On Mar 25, 2011 |
What a transformation we're witnessing. This will revolutionize transport in the country. |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by blacksta(m): 1:12pm On Mar 25, 2011 |
Mr Poster Can i know how $6 bill will be sourced - I am not interested in election jingles - i am still contending with the promises yar adua made before he passed away. funny enough we see dont any more 7 point agenda jingles on NTA. WHAT HAPPENED . |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by Jen33(m): 1:25pm On Mar 25, 2011 |
blacksta said: Mr Poster How $6 billion will be sourced? Do you realize Nigeria makes over $350 million per day from oil exports alone? With $40 billion in reserves as we speak? With the current budget based on $75 per barrel price as opposed to real current price of $115? Dude, the money isn't a problem at all for Nigeria. |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by Pharoh: 1:27pm On Mar 25, 2011 |
This is very good news and hope to see changes soon. |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by Kobojunkie: 2:24pm On Mar 25, 2011 |
If this is a continuation of the same -- no UPGRADES but simply replacing our existing with more of the same, this is terrible! |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by Jen33(m): 3:30pm On Mar 25, 2011 |
^^^ u not happy, take the fvcking bus. |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by EzeUche2(m): 3:34pm On Mar 25, 2011 |
Goodluck is bringing goodluck to this country. It is sad many Nairalanders have not realized this. |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by Kobojunkie: 3:40pm On Mar 25, 2011 |
Kobojunkie: |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by DisGuy: 3:42pm On Mar 25, 2011 |
for Bleep sake read the article, same thing was posted on punch website and there is nothing linking it to the government!!! it was a manager giving his recommendation!! The Federal Government will spend N912bn to procure 200 new locomotives required by the Nigerian Railway Corporation to meet current demand for its services nationwide. cant pull the wool over our eyes!! the reporter basically did some little calculation and put govt stamp on it |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by Kobojunkie: 3:48pm On Mar 25, 2011 |
Thank God this stupid idea is not close to what was purported. Bloomberg needs to get their reporters doing better. Nigeria will spend about 912 billion naira ($5.9 billion) to buy 200 locomotives, Punch reported, without saying how it got the information. This is weak reporting! |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by Pharoh: 3:53pm On Mar 25, 2011 |
^^ They referenced the punch newspapers so the blame should go to punch but truly this is very wrong reporting. |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by Kobojunkie: 3:56pm On Mar 25, 2011 |
I hold bloomberg to higher standards is why I still blame bloomberg for passing on the news in the way it did. |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by Pharoh: 4:08pm On Mar 25, 2011 |
^^ You are right but i am thinking that sometimes maybe this foreign media houses put some form of credibility on their nigerian counterpart and do not need to investigate much before referencing them. It is like BBC referencing 234next and sahara reporters and the story later falls into this category. I would have rated the punch newspapers as well as one of the credible newspapers in nigeria. Maybe i am wrong and i think something of such might have happened in this case of bloomberg and punch. |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by Kobojunkie: 4:09pm On Mar 25, 2011 |
hey, like I said . , Kobojunkie: |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by DisGuy: 4:13pm On Mar 25, 2011 |
this should join Sagamite's growing list of useless journalism, mumu referenced mumu, i bet they used to work together Vincent Nwanma vs rasheed bisiriyu will fire him and his oga an email! his p45 should be in the post by monday |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by Pharoh: 4:21pm On Mar 25, 2011 |
^^ You wicked ooo but that's the problem of sharing news between padi padi correspondents but there should be an editor for news like this. This is high profile information that could get investors making inquiries when nothing of such exits in the plans of the federal government. |
Re: Rail Revolution: Nigeria To Spend $6 Billion On 200 Trains by DisGuy: 4:24pm On Mar 25, 2011 |
no at worst he will withdraw his lazy 'report' and get him to read before using a reference next time |
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