don4real18:
Seriously, it's too much... One will invest and take loans to do a Fed govt contract only for him to be disappointed time and time again. Imagine begging those in charge to process your documents and they will still be asking for bribe

pawesome:
have you heard of IPP?

sarrki:


Why do you guys so comfortable with lies ?

Which rail line?/from where to where ?

Power plant which of them

Please stop spreading lies with your big big grammar

LionDeLeo:
According to the Minister, a major portion of the debt was inherited from previous administrations

Pls what exactly did gej do with the huge income, foreign reserve and ECA?

LionDeLeo:
According to the Minister, a major portion of the debt was inherited from previous administrations

Pls what exactly did gej do with the huge income, foreign reserve and ECA?

LionDeLeo:
According to the Minister, a major portion of the debt was inherited from previous administrations

Pls what exactly did gej do with the huge income, foreign reserve and ECA?

sarrki:
Can you imagine

Gej rather for him to pay all this debt

He embezzled our nation treasury dry

He allowed Stella and dezianni to be fighting on his matter

PDP failed God and humanity

SalamRushdie:
Ì

I hope you are aware that GEJ built more power plants thatn all our past leaders combined #fact

LionDeLeo:
According to the Minister, a major portion of the debt was inherited from previous administrations

Pls what exactly did gej do with the huge income, foreign reserve and ECA?

LionDeLeo:
According to the Minister, a major portion of the debt was inherited from previous administrations

Pls what exactly did gej do with the huge income, foreign reserve and ECA?

erico2k2:

Amaechi started this share matter just as Ibori started the Oil derivative %. But loads of people here do not know the money was shared, and refuse to ask their own state govt what they did with their own share.@ 52% for FG, where did you get that from?? GEJ built power stations and we did not see any power improvement OK cool, so now do we have improvement? from what power stations? cos from last I checked, PMB has not built any power stations so far.

LionDeLeo:
According to the Minister, a major portion of the debt was inherited from previous administrations

Pls what exactly did gej do with the huge income, foreign reserve and ECA?

youngalex:
It will be more reasonable for him to list in the national dailies the Contractors Owed, Contracts Executed, Amount Paid, Amount Owed.. This activities in this regime is far from transparent

obailala:
Sorry maybe I got the 52% figure wrong, can you kindly remind me what the correct FG's cut is in the revenue formula?...

Regarding power, the thread talks about huge sums of money being owed road contractors, it also talks about the bulk of the debt being inherited from the previous administration. Someone raised a question asking what all the large sums of money spent by the last admin was spent on seeing that most contractors were still being owed. Another person responded that a chunk of the money was spent building power stations. It was at that point I came in and mentioned that over $8B was spent by the last admin on power specifically, in addition to the $16B spent by OBJ, yet Nigeria still hasnt seen any considerable improvement in power supply. I dont remember mentioning anywhere that power has now improved.

tiwiex:

So contractors used 2.7tr of their money. Where did they find that kind money on credit ? No bank will loan a construction company that much. I know it cuts across many. That is over 2500 billion Naira oh. Which bank will loan 5b? Do we know what 2.7tr is? The story no jive like that. Please let us leave past administration alone and move forward.

Reference:


Same thing we will beasking about this administration in a few years. The system is just broken. 130 million people depending on 1.8 million barrels of oil per day is the maggi and crayfish for the soup of poverty. We just don't work hard enough in this country to experience better times.

LionDeLeo:
According to the Minister, a major portion of the debt was inherited from previous administrations

Pls what exactly did gej do with the huge income, foreign reserve and ECA?

SalamRushdie:


He built rail lines , power plants ,Paid subsidy which we refused him to remove, fought boko haram which northen leaders refused to condemn and Ameachi and co went to court to share the rest

SalamRushdie:


He built rail lines

power plants

Paid subsidy which we refused him to remove

fought boko haram which northen leaders refused to condemn

Ameachi and co went to court to share the rest

deomelllo:


Funded with Chinese loans




He did not award any contract for power plant and he did not build any, he only commissioned whay OBJ initiated, paid for and built.





Subsidy scam.





He did not fight any BH and BH was in control of Nigerian territory and almost the whole of Borno state while Jona looked the other way, claiming it was propaganda designed to sabotage his administration.


He also stole the $2 billion he set aside to fight BH and gave it to Dasuku aka ATM to share with his fellow PDP crooks and cronies.





Amaechi was not the president, Jona was the clown Nigerians voted for and put in office to run Nigeria, not Ameachi.


Jona was the commander in chief, not Amaechi


The buck stops at the President's desk, not Rivers state governor's desk.



I know you people must act ignorant and unintelligent, but why insult our intelligence with the same ignorance and lousy intelligence.?

GavelSlam:
Oritsejafor might have an idea.

LionDeLeo:
According to the Minister, a major portion of the debt was inherited from previous administrations

Pls what exactly did gej do with the huge income, foreign reserve and ECA?

LionDeLeo:
According to the Minister, a major portion of the debt was inherited from previous administrations

Pls what exactly did gej do with the huge income, foreign reserve and ECA?

SalamRushdie:
He built rail lines , power plants ,Paid subsidy which we refused him to remove, fought boko haram which northen leaders refused to condemn and Ameachi and co went to court to share the rest