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Nairaland Forum / Nairaland / General / Politics / FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others (16965 Views)
FEC Approves ₦454 Billion For Kano-niger Republic Rail, Others / Jonathan's Government Awarded $1.96bn Kano-Niger Republic Rail Line In 2013 / Senators Disagree With Amaechi Over Nigeria-Niger Republic Rail Line, Others (2) (3) (4)
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FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Deltafirstson(m): 3:40am On Sep 17, 2021 |
A standard gauge rail being planned from Kano State in Nigeria to Maradi in Niger Republic is one of the projects the President, Major General Muhammadu Buhari (retd.), plans to fund with the fresh external loans he is asking the National Assembly to approve for his regime, The PUNCH has learnt.https://punchng.com/fg-to-spend-4-9bn-fresh-loans-on-kano-niger-republic-rail-line-others/ 2 Likes
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Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by janedonez(m): 3:41am On Sep 17, 2021 |
Nigerian Banks are Scams, why should I be owning as little as N100 and the will refuse to give me more loans insisting that I clear my debts while Nigeria will be owning Billions,yet more approvals will be done. 100 Likes 3 Shares |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by HenryThegreat1(m): 3:42am On Sep 17, 2021 |
Buhari administration shall.... Nobody questions President of Nigeria. Very powerful when in power. 10 Likes 1 Share |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by onumadu: 3:52am On Sep 17, 2021 |
Deltafirstson: Punch is hereby telling Nigerians that what we have in place is not a government, but a "REGIME". lol For the uninitiated, the term "government" is usually reserved for a lawful state organization, while "regime" is usually used to refer to a rogue government; e.g. a dictatorship or a totalitarian government. 173 Likes 17 Shares |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by yinkus6750(m): 4:12am On Sep 17, 2021 |
What is the essence of spending huge scarce resources on rail service to Niger? With the high level of insecurity in the North, our porous borders give access to influx from northern neighboring countries. Bandits, herdsmen and terrorists have taken over every area in the country. We need to thread with caution. 60 Likes 2 Shares |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by godliman: 4:22am On Sep 17, 2021 |
They are worse than a rogue government. 81 Likes 1 Share |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Blackfire(m): 4:29am On Sep 17, 2021 |
And what is wrong with that? North2023 1 Like 2 Shares |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Freestainworld(m): 4:41am On Sep 17, 2021 |
They should just rename Nigeria to Niger Republic extended, so that we can all go home and rest. 33 Likes |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Fathai(m): 5:15am On Sep 17, 2021 |
I believe 70 percent of this money will be starched some where for their personal use. 15 Likes 1 Share |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Nobody: 5:16am On Sep 17, 2021 |
Behold the thirty seventh state of Nigeria 4 Likes |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by SmartPolician: 5:41am On Sep 17, 2021 |
Buhari is only making things difficult for his successor. I want to see how Nigeria will offset all these alarming loans. 31 Likes 2 Shares |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by 111sunshine: 5:51am On Sep 17, 2021 |
Ok |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by seunayantokun(m): 5:51am On Sep 17, 2021 |
Debt for death. |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by MARKone(m): 5:52am On Sep 17, 2021 |
Just leave this country if you have the opportunity to. 28 Likes 3 Shares |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Lifestone(m): 5:52am On Sep 17, 2021 |
We reason with lots of sentiment as a country. In my view, this project is all about competing for the share of trade routes to Niger Republic which is being competed for by both Nigeria and Benin Republic. Niger Republic is land locked and will require access to Sea/Port through either Nigeria or Benin Republic. This is an economically sensible decision. The project is also significantly part of the LAKAJI corridor which was essentially designed to link Lagos to Kano to Niger Republic, that plan has been on ground before Buhari and it makes sense. That project will certainly pay for itself given the success of Abuja - Kaduna and Lagos - Ibadan experience. 10 Likes 2 Shares |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by athaboi(f): 5:52am On Sep 17, 2021 |
Nigeria is finished 7 Likes
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Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Sonnobax15(m): 5:53am On Sep 17, 2021 |
These people don use even our generation yet unborn take loan Like someone has already aforementioned above, Buhari's successor go hear whinnnnnnn . 4 Likes
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Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by BelovedofLord: 5:53am On Sep 17, 2021 |
This is purely a wasteful venture! |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by NobleSeed(m): 5:53am On Sep 17, 2021 |
money heist Loan heist Buhari Buhari the king of loans 2 Likes 1 Share
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Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by oluwaseunamos33(m): 5:53am On Sep 17, 2021 |
Continue spending, all I know is one day shall be one day 1 Like |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by greenie77: 5:54am On Sep 17, 2021 |
What stops the rail line ending at the Nigerian border and have the Nigerien government continue from there? 14 Likes |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by ohosi4real(m): 5:54am On Sep 17, 2021 |
If i may ask, why FG always focus on Niger republic than others Africa country like Benin republic who even more closer than Niger republic and others ? 11 Likes |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Fuckyoumod: 5:54am On Sep 17, 2021 |
E no go better for Goodluck Jonathan. For wasting six good years doing nothing for the Niger Delta people. Because if buhari can borrow to construct rail for parasite states, what was holding gej back from building the south? Why did Goodluck not do same for his people? Why was goodluck's six year of being President centered in the North? Goodluck did nothing for the Yoruba's, IBO's and his own people. Wasted years in power! Spits....... 42 Likes 1 Share |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Maranzano(m): 5:55am On Sep 17, 2021 |
The rate at which these loans are collected, I hope there will be something left for the future generations of Nigeria. Must we mortgage the future of our nation in the hands of foreign creditors in the name of infrastructure provision? I hope there is a plan B for the repayment before the end of this regime. If we cannot bequeath riches to our children, we must not accumulate debts for them. Let every generation take care of its needs. |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Babaflenjor: 5:55am On Sep 17, 2021 |
Ok |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by UndauntedYOCA(f): 5:56am On Sep 17, 2021 |
Chai, this country don taya me. 3 Likes 1 Share |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by richidinho(m): 5:56am On Sep 17, 2021 |
No single project for the Nigerdelta region 4 Likes |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by IdJack(m): 5:56am On Sep 17, 2021 |
Another waste resources. What is this romance with Buhari and Niger. Nigerians behold your 37 State Niger. So sad, borrowing everyday. Kindly visit my signature for your business ideas and updates 2 Likes |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by elonmuskbaby: 5:57am On Sep 17, 2021 |
E no go better for lord luggard wherever e dey Who swear for nigeria sef make we go beg am because this one no be ordinary eyes again o 1 Like 1 Share |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Oracleforce: 5:57am On Sep 17, 2021 |
Buhari is seriously working for the prompt establishment of the Islamic Emirate of Nigeria...he knows that with joining the Niger Republic population to this country, they will have more strength and ability to override all the southerner' territory...and the ugly thing there is that he is using a Southerner to fulfill his agenda... Amaechi is being used to fulfil his agenda 13 Likes 4 Shares |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by akanbiaa(m): 5:59am On Sep 17, 2021 |
Hmmmm |
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by KingDash: 5:59am On Sep 17, 2021 |
na why that FFK guy got there, they won share loot... 4 Likes 1 Share |
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