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Nairaland Forum / Nairaland / General / Politics / FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I (22518 Views)
FG May Borrow Loans From China, Turkey, Portugal To Complete Railway Projects / FG Grants N16 Trillion Waiver To Dangote, Honeywell, 44 Others / FG Dumps Plastic I.D Card For Digital Identification (2) (3) (4)
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Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by mctech(m): 11:41am On Apr 29 |
Better! Railway require complex management and maintenance which is not obtainable with the FG. This is why our rail system is comatose, except in Lagos which is a state whose efficiency the FG needs to study. Besides, the road project is far cheaper. 2 Likes |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by SmartyPants(m): 11:44am On Apr 29 |
. |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by TheBillyonaire: 11:44am On Apr 29 |
Noise makers everywhere. Coastal Road is a new project. It does not stop previous projects. 4 Likes |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by SmartyPants(m): 11:45am On Apr 29 |
SoNature: This project was never started so what is there to continue? |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by ufotunang: 11:46am On Apr 29 |
The same way the 2.6 trn naira coastal road project will be dumped...do government ever complete a project that will take many years to complete the project 1 Like |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by Lavor234: 11:47am On Apr 29 |
Railway from Calabar to Lagos would have been more inexpensive and more valuable because of the haulage and cargoes. roads cost more in time money and even in terms of life. More people die of road accidents than that of a railway. Kai..can we survive this regime? 1 Like |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by Autobot05: 11:47am On Apr 29 |
Facts |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by U09ce: 11:50am On Apr 29 |
The coastal railway is expected to gulp at least $15 billion not 2.6 trillion |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by Haaland21: 11:52am On Apr 29 |
AqualinaXYZ: Keep crying..... Bitter souls wishing the President evil. Nothing for you except wailing, which you are good at. 1 Like |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by Winning123: 11:54am On Apr 29 |
AqualinaXYZ: You and your other fellow fools with all your propagenda against Lagos - Calabar coastal road would not work. 1 Like |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by TableLeg(m): 11:58am On Apr 29 |
Anything for Chagoury and his gang! Una think say nah charity when he dey blow money for France to keep your fraudulent president alive? Lol 1 Like |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by Skyehigher1: 11:59am On Apr 29 |
It means that there is fraud in 16 trillion naira project meanwhile 2.6 trillion naira for lagos to calabar coaster road 10 lanes and rail in the middle is very cheap than that unneccessary 16 trillion from year 2000 but they refuse to finish it yet i think every president should start the project that will complete |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by frog12: 12:01pm On Apr 29 |
too MANY railway projects initiated by BUHARI. so the $1.9 billion Kano-Maradi Railway project dey go too ? no wonder ATIKU don dey complain ! |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by frog12: 12:04pm On Apr 29 |
imaging spending $11.17 billion on a railway project these people are MAD ! |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by Okoroawusa: 12:07pm On Apr 29 |
I no understand wetin dey vex people for this Lagos -Calabar Road. The same people were crying when PMB started the railways now the railways are their new best friend.... Ndi uchu! 3 Likes 1 Share |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by santaclaws: 12:11pm On Apr 29 |
AqualinaXYZ: What's stopping Igbos from leaving? Talk to your politicians, let them vote for a secession, pack your loads and go... Life is easy. |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by abobote: 12:13pm On Apr 29 |
D4gmail1:Seriously, it does not have engine? |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by rinzaugustine: 12:17pm On Apr 29 |
Backward thinking fools some people say is their messaih shows you common sense is not common |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by NGArmyTerrorist: 12:24pm On Apr 29 |
Have you seen Hail-anus today? |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by Moroccoguy: 12:24pm On Apr 29 |
They should focus on the one that is visible to achieve. Just calling trillion like 🥶🥶🥶 |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by jaxxy(m): 12:27pm On Apr 29 |
No transparency or proper discussions on these projects. |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by Elsueno: 12:29pm On Apr 29 |
. |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by EmeeNaka: 12:31pm On Apr 29 |
That is what Peter Obi said. The terrorist APC scavengers deserve to be cleaned off this country. |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by Christistruth00: 12:32pm On Apr 29 |
That Kano Maradi Railway definitely needed dumping Let Trucks and Buses ply that route for now |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by professorPABX: 12:34pm On Apr 29 |
Lavor234: Railway from Lagos to Ibadan is done by Buhari. Reconstruction of Lagos to Ibadan expressway done by Buhari. The importance of the railway line is just 3%. The road is 97%. The railway is almost non existence to most people in South West. The same would be applicable to Lagos Calabar Railway project. The cost reviewed by Jonathan and later Buhari is still high. The Rate of Return on investment is very low on such railway line and payback period almost very long or non existence. One important point the IBOS intentionally covered up on the Lagos Calabar Coastal Highway Project is the fact that FG's commitment is only 15% of the total cost. The remaining 85% would be sourced by the investor. If CHINA gives you 50% grant on railway project, just know that the cost is already inflated by 100%. Propaganda cannot stop this project because of the huge economic potential it holds. The Coastal areas need to be linked together for explosion of economic potentials. For Jonathan to have considered the railway project and Buhari also reviewed it shows the potentials inherent in it. Road Projects open up access to limitless possibilities. That is why they are crying and wailing. The project is moving ahead. Propaganda on Nairaland cannot stop it. 1 Like |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by Mervingreat: 12:36pm On Apr 29 |
Pls why are all these unecessary propaganda against this project? So simply it involved the South now make it a war but when Buhari wasted billions for railway to Niger Republic no one stopped him his people were shouting rakadede. Can the North swear by Qoran and Ayelala if this Calabar Lagos road in question is to be from Kano to Borno or to Niger Republic they will stand against it? Hell No and some misguided people from the South joining force with Atiku evil gang against this project but same Atiku and his gang saw nothing wrong in Buhari Niger Republic railway link with our tax. South wake up. |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by Curious345: 12:39pm On Apr 29 |
I commend Tinubu for this |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by jamjo: 12:42pm On Apr 29 |
Islie: The project they are using to develop the West is just that the two other regions' SS/SE leaders have refused to learn. The project will stop in Ondo State and they will say no money. The West has the Lagos-Ibadan SGR, and the Lagos-Ibadan highway, and now it will be Lagos-Ondo all paid by the federal government. SS/SE leaders should use their tongues and count their teeth. 1 Like |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by DatNiggaDaz: 12:44pm On Apr 29 |
The Lagos-Calabar coastal railway needed $11.17 billion for its completion, but has been stalled due to paucity of funds. Now, we are expending N2.6 trillion on a road along same axis. Between a road and rail connection, which one is better for economic development? Of course, it’s the rail construction. Builder of Lagoon no get sense at all |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by Image123(m): 12:46pm On Apr 29 |
AqualinaXYZ: Without even reading through, common sense shows that 2.6trillion is smaller than 16trillion. If you claim you don't have money, will you hang on to doing a 16T project or a 2.6T project? Opposition should be with sense. Secondly, the train project is mainly in a different ministry, ministry of transport. Roads is under ministry of works. They have different ministers. We had a super active minister in Amaechi for ministry of transport, probably why he drove more progress there. He was probably the best minister in the last government. Also, funding can be a main issue. The road project will have a lot of private funding support. 1 Like |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by Timetravel88: 1:04pm On Apr 29 |
D4gmail1: Are you saying trains are powered by electricity alone? |
Re: FG Dumps N16 Trillion Railway Projects For N2.6trn Lagos-calabar Coastal Road —I by anytexy: 1:04pm On Apr 29 |
Peter Obi |
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