mrvitalis:
Corrupt PDP did 190km Abuja kaduna rail with $850 million

Saints APC did 160km Lagos to Ibadan rail for $1.5 billion dollars


The annoying thing is all this projects are feel good project that can't grow the economy or even break even for the next 80 years


APC and fulanis are core socialist reason why capitalist igbos have to leave this country

mapet:
No wonder some people are actually in the game, you are on NL......

nathyx:
The major problem with Nigeria is political sentiment and this has become the order of progress How can after all the above mentioned proposed rail routes I can't find anyone allocated to Benue state the food basket of the nation This is so because our leaders have neglected necessary functionalities and focused on their individual places of abode for centered development nonsense!

mrvitalis:
u have to be not too smart to believe obj Budgeted 16 billion dollars into power lmao ...the whole power budget for 8 years was not more than $3 billion including salaries

jahsharon:
To be completed when? Year 5050? Nonsensical nonsense. After 6 wasted years in power, you now remember that there are Coastal States, Coastal States ko, Coaster Biscuits ni. These Vagabonds in Power think that Southerners are dummies like the Almajaris. Thunder Fire all of your families

jahsharon:


It took six years to complete the ones you mentioned. This useless administration has less that two miserable years to leave.

Beside that, the Ajaokuta-Itakpe-Warri railway was constructed to bring more and more Almajaris and evil Fulani herdsmen from the North to the South to kill, to steal and to destroy. That is why herdsmen are now asking Delta government to give them 50,000 acres abi hectares of land.

The Lagos-Ibadan railway too was constructed to bring more Almajaris and evil Fulani herdsmen to the South that is why construction has started to extend the Ibadan end to Kano to facilitate the movement of evil Fulani herdsmen and bandits and Boko Haram to the South in order to kill, to steal and to destroy.

But, the good new is that we are ready for them. We will teach them a lesson their generations yet unborn will never forget

mapet:



You have to be dumb to confuse budget to actual expenditure. You have to be super dumber not to see records hidden in plain sight

https://www.voanews.com/archive/nigerian-lawmakers-probe-16-billion-spending-power

https://thenationonlineng.net/efcc-begins-probe-of-obasanjo-govts-16bn-power-project/

mrvitalis:

So expenditure can be higher than budget ? Who taught u economics ?

mapet:


A future consideration should be to extend from Calabar to Benue, but key question is apart from the appellation, What food are we really getting from Benue?

obailala:

ebuk4real: :
sad

And that's the exact amount to be pocketed by these crooks. I can stake my left hand that nothing of these will see the light of the day.

Like the op before me said, use this money rather for the viable, tangible & immediate impactful projects like the sea ports & we will know how serious these politicians are.

Bunch of idiots

The rate at which everyone just becomes overnight experts in developmental economics is baffling. The coastal railway will connect all seaports in Nigeria but according to guys, seaports are important but railways to ferry bulk goods to the seaport is an IDIOTIC idea? Wow!

mapet:


Dumbo!

Project scope and scale are not the same. How many bridges were built on Kaduna -Abuja rail? How many houses were pulled down, what compensations were paid? You also forgot to add that Abuja- Kaduna rail PDP could not complete in 6+ years till APC came to complete it, while Lagos-Ibadan was completed in 3

bunto:
Myopic thinking.
Infrastructure is what attracts foreign investors and make life easier for the citizenry.
Nigeria cannot continue to use road transportation only. It is not cost effective. It is also ineffective most times.

mrvitalis: :
I wonder how this government thinks really ...a poor nation like Nigeria spending 12 billion dollars on a phantom project that won't break even for 100 years ....there are far more important was that would use that money that would have far more impact on the economy

$1billion $300 million each can reactivate warri ,port Harcourt and Calabar ports ...$100 to by boats to secure the sea routes

$4 billion invested in our transmission line would increase transmission capability from 5000mw to over 12000mw ... electricity supply would double ...I mean double because we have installed capacity of about 15,000mw

$5 billion grants to 10 top importers of goods we can easily produce here to start producing them in Nigeria ...or if we have struggling producers top 10 ...pick like 10 to 20 products

Like ceramics , glass , cloths , chocolates ,drugs and the likes ...this would create over 300,000 jobs directly and provide revenue of over 300 billion a year in taxes


This project would have far more reaching impact on our GDP than this phantom rail system that's nothing but a feel good project

Abuja kaduna rail would break even at the current profit rate in over 101 years

I'm waiting to see the figures for Lagos ibadan rail but my estimate suggest 160 years to break even that's if repairs are not made even

nathyx:

You need to come down here and see the hundreds of loaded trucks exiting the state on a daily trust me those trains would do a lot good here

Jimasun:

mapet: :


Dumbo!

Project scope and scale are not the same. How many bridges were built on Kaduna -Abuja rail? How many houses were pulled down, what compensations were paid? You also forgot to add that Abuja- Kaduna rail PDP could not complete in 6+ years till APC came to complete it, while Lagos-Ibadan was completed in 3

Lagos to Ibadan is even double track. It is X2 of Kaduna to Abuja and even has more structures built to support it
That IPOB guy can be very mischievous.

mrvitalis:
Corrupt PDP did 190km Abuja kaduna rail with $850 million

Saints APC did 160km Lagos to Ibadan rail for $1.5 billion dollars


The annoying thing is all this projects are feel good project that can't grow the economy or even break even for the next 80 years


APC and fulanis are core socialist reason why capitalist igbos have to leave this country

Fahdiga:
Approver that will only end on paper

Coronabirus:
u need to follow everything keenly not just making analysis as if as u k ow better than them. Right now power sector attracted more investment than any other sector. The same way Amaechi is refurbishing the sector likewise power sector is doing so. Do u know how much TCN spent out of FG budgets in the last 4yrs?
Do u know the current ongoing work by Siemens how much will cost talkless of more than 29 power stations built so far?
Many sectors are doing their best. Nigeria GDP (514.076 billion [nominal, 2021 est.])
ranked as the 27th-largest economy in the world in terms of nominal GDP, and the 24th-largest in terms of purchasing power parity ($1.116 trillion [PPP, 2021 est.]), so don't ever call Nigeria poor just because our cruel leaders are deceiving us with poor leadership!

szczescie:
CHIBUIKE ROTIMI AMAECHI is WORKING

SUPER MINISTER

C.R.A for President

E come be like say na him be the first minister of transportation we get for this Nigeria

Which other minister of transportation you know?

For this Useless administration na only Amaechi dey work, railway everywhere

If to say minister of Housing, minister of power, work reach AMAECHI we for no too get problem but they do absolutely nothing, I have never heard that they submitted memo or did anything at all

If Amaechi submits he will follow it up and make sure Bubu sign it, he will strong arm them to do their job

But minister of power (it is him I know of more) he submits nothing instead they will be holding conferences, summits and workshops to share money, pay guests and delegates instead of going to tell Bubu what needs to be done they will hold summit in Europe and discuss to ordinary people and tell us what we want to hear instead of telling it to Bubu

Fashola just hide, the other ministers too except lie but lie own he is using it for Evil. But we are seeing his impact his "work"

But as Nigerians prefer to vote in e-diots based on sentiments and tribalism I won't be surprised they will want to over look hard working performers like Chibuike Rotimi Amaechi and go for thieves like Tinubu Or Atiku because he is from their tribe or religion

True true Nigerians deserve Nigeria, the suffer never belle full Una, you want another heavy dose of Buhari for the next 8 years of your short 53 year life going by Nigerias life expectancy

mrvitalis:
I wonder how this government thinks really ...a poor nation like Nigeria spending 12 billion dollars on a phantom project that won't break even for 100 years ....there are far more important was that would use that money that would have far more impact on the economy

$1billion $300 million each can reactivate warri ,port Harcourt and Calabar ports ...$100 to by boats to secure the sea routes

$4 billion invested in our transmission line would increase transmission capability from 5000mw to over 12000mw ... electricity supply would double ...I mean double because we have installed capacity of about 15,000mw

$5 billion grants to 10 top importers of goods we can easily produce here to start producing them in Nigeria ...or if we have struggling producers top 10 ...pick like 10 to 20 products

Like ceramics , glass , cloths , chocolates ,drugs and the likes ...this would create over 300,000 jobs directly and provide revenue of over 300 billion a year in taxes


This project would have far more reaching impact on our GDP than this phantom rail system that's nothing but a feel good project

Abuja kaduna rail would break even at the current profit rate in over 101 years

I'm waiting to see the figures for Lagos ibadan rail but my estimate suggest 160 years to break even that's if repairs are not made even

mrvitalis:
I wonder how this government thinks really ...a poor nation like Nigeria spending 12 billion dollars on a phantom project that won't break even for 100 years ....there are far more important was that would use that money that would have far more impact on the economy

$1billion $300 million each can reactivate warri ,port Harcourt and Calabar ports ...$100 to by boats to secure the sea routes

$4 billion invested in our transmission line would increase transmission capability from 5000mw to over 12000mw ... electricity supply would double ...I mean double because we have installed capacity of about 15,000mw

$5 billion grants to 10 top importers of goods we can easily produce here to start producing them in Nigeria ...or if we have struggling producers top 10 ...pick like 10 to 20 products

Like ceramics , glass , cloths , chocolates ,drugs and the likes ...this would create over 300,000 jobs directly and provide revenue of over 300 billion a year in taxes


This project would have far more reaching impact on our GDP than this phantom rail system that's nothing but a feel good project

Abuja kaduna rail would break even at the current profit rate in over 101 years

I'm waiting to see the figures for Lagos ibadan rail but my estimate suggest 160 years to break even that's if repairs are not made even

rosinkkit:


What a load of absolute rubbish.

Railway networks are not about ''breaking even''.

They are about delivering low cost, high speed transportation for people and goods across the nation.

Rail reduces the cost of transportation of goods, and hence the cost of doing business, which is so ViTAL for economic expansion of any country.

The US economy was built on its famous railroads, built at the turn of the last century, and which drastically brought down the cost of moving goods and people, and of doing business in that country. The rest is history.

So rail has never been about the railway builder (govt) ''breaking even'' or making a profit.

It's about the long-term impact of expanded railway services on the national economy and GDP. That is where the return on investment is measured, not from how much profit, if any, the govt makes from the network. That consideration is merely secondary.

mrvitalis:

Tcn is the issue not generation u don't understand the problem

GDP of $500 billion is useless with the world poorest GDP to budget ratio ...we have the worst on Earth ....what's the point of GDP when u can't tax anything from it

ebuk4real:


And that's the exact amount to be pocketed by these crooks. I can stake my left hand that nothing of these will see the light of the day.

Like the op before me said, use this money rather for the viable, tangible & immediate impactful projects like the sea ports & we will know how serious these politicians are.

Bunch of idiots

mrvitalis:
Corrupt PDP did 190km Abuja kaduna rail with $850 million

Saints APC did 160km Lagos to Ibadan rail for $1.5 billion dollars


The annoying thing is all this projects are feel good project that can't grow the economy or even break even for the next 80 years


APC and fulanis are core socialist reason why capitalist igbos have to leave this country

jahsharon:


It took six years to complete the ones you mentioned. This useless administration has less that two miserable years to leave.

Beside that, the Ajaokuta-Itakpe-Warri railway was constructed to bring more and more Almajaris and evil Fulani herdsmen from the North to the South to kill, to steal and to destroy. That is why herdsmen are now asking Delta government to give them 50,000 acres abi hectares of land.

The Lagos-Ibadan railway too was constructed to bring more Almajaris and evil Fulani herdsmen to the South that is why construction has started to extend the Ibadan end to Kano to facilitate the movement of evil Fulani herdsmen and bandits and Boko Haram to the South in order to kill, to steal and to destroy.

But, the good new is that we are ready for them. We will teach them a lesson their generations yet unborn will never forget

nathyx:
The major problem with Nigeria is political sentiment and this has become the order of progress How can after all the above mentioned proposed rail routes I can't find anyone allocated to Benue state the food basket of the nation This is so because our leaders have neglected necessary functionalities and focused on their individual places of abode for centered development nonsense!

adecz:


Where is the money?


PDP conceptualized that project
but couldn't start it due to unavailability
of funding..

The mumu APC has decided to take
it on, though there isn't money. They
specialize in borrowing & begging for
money from any source, at any conditionality.

I have a suspicion that Buhari is using
some of these projects to secretly hide
money on behalf of the Muslim north in
case the country eventually breaks up.

jahsharon:
To be completed when? Year 5050? Nonsensical nonsense. After 6 wasted years in power, you now remember that there are Coastal States, Coastal States ko, Coaster Biscuits ni. These Vagabonds in Power think that Southerners are dummies like the Almajaris. Thunder Fire all of your families

jahsharon:


It took six years to complete the ones you mentioned. This useless administration has less that two miserable years to leave.

Beside that, the Ajaokuta-Itakpe-Warri railway was constructed to bring more and more Almajaris and evil Fulani herdsmen from the North to the South to kill, to steal and to destroy. That is why herdsmen are now asking Delta government to give them 50,000 acres abi hectares of land.

The Lagos-Ibadan railway too was constructed to bring more Almajaris and evil Fulani herdsmen to the South that is why construction has started to extend the Ibadan end to Kano to facilitate the movement of evil Fulani herdsmen and bandits and Boko Haram to the South in order to kill, to steal and to destroy.

But, the good new is that we are ready for them. We will teach them a lesson their generations yet unborn will never forget