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Nairaland Forum / Nairaland / General / Travel / Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU (22642 Views)
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Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Reference(m): 8:23pm On Jul 01, 2016 |
cramjones: The cost of doing business in Nigeria is higher than in most parts of the world due to the very reason the rail line is built, lack of infrastructure. Add to that the cost of security and the cost of a fragile economy. The main ingredient in rail lines is high strength steel. All those countries mentioned have a viable steel sector, we don't. Ajaokuta which should have capitalised on these projects to establish itself is moribund. Secondly, the terrain in most places the line will pass is tough, semi swamp land. The sheer number of bridges and culverts to be built will rival costs of tunneling and blasting through mountainous regions. Nigeria is expensive to build corruption apart. When we were saying they should open up other seaports outside Lagos to commercial activities and allow those already built to thrive, the owners of Nigeria under influence said they prefer a Lagos monopoly. Guess what, every tax payer will pay the 'sentimental tax' through 300, 500, 800, 1000 kilometer haulage costs of Chinese steel from Apapa to site locations perhaps just 20, 50, 100 kilometers from the nearest port of Calabar, Warri or Portharcourt. This is the real corruption. 2 Likes 2 Shares |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by obailala(m): 8:24pm On Jul 01, 2016 |
ayoolanr:Someone has already clarified that (see quote below). The proposed railway is way longer than 800km which Cramjones used in his estimate. The project goes through Benin-sapele-Warri-Ughelli-Yenagoa-Otuoke-Yenagoa to PH-Aba-Uyo-Calabar; that's a much longer route than the 800km route which was put up there. Also remember the generic amount quoted by the contractor per km does not include the cost of compensation to land owners which the govt has to pay. I doubt that generic figure per km also takes account of the most difficult swampy terrain of the Niger-Delta route. Even the proposed rail route from Lagos to Kano which is much longer actually cost much less than this Lagos-Calabar cos of the difference in terrain. AnonyNymous:www.nairaland.com/attachments/3913884_rail_jpegd3223d74035a01c6eba7ac8add1e9461 |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by willyo(m): 8:29pm On Jul 01, 2016 |
Jorussia: Aiit Boss... |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Fadahunsi(m): 8:51pm On Jul 01, 2016 |
cramjones: Sometimes it is simply UNWISE to compare two or more similar projects at mere face value! Other contingencies are supposed to be considered. Stuffs like access to construction materials, prevailing exchange rates, compensations to be made amongst others. You don't just open your mouth "gbagaa" and say one government has chopped $5bn... At least they were able to reduce the initial cost..though we can't rule out the illegal monies that would exchange hands into private pockets..cos it happens everywhere!!! 2 Likes |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by seguno2: 8:52pm On Jul 01, 2016 |
Zico5: Please where did you see the huge amount to be diverted? Do you have a reading problem or do you have a comprehension problem? |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Nobody: 8:58pm On Jul 01, 2016 |
GudluckIBB: Dear Sir, It came to my attention that you commented without reading first. If you would kindly scroll up, you will deduce that: 1) the project will be financed by the Chinese Exim Bank. 2) The contract was negotiated downwards owing to the slump in prices of commodities. Not out of the negotiating prowess of Amaechi. It's best we read and understand before trying to spread hate and have all these impressionable folks who pour likes on your uninformed comment like glitter running amok. Worst Wishes. 4 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by nextstep(m): 8:58pm On Jul 01, 2016 |
saintdennis: Agreed... we don't seem to learn... nothing wrong with developing your economy with somebody's aid, as long as you're learning along the way. Arguably, the US developed on the back of UK technology, and then took the lead by the early 1900s. What I'm griping about is that we "buy" development projects, but never "do" development. 2 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by nextstep(m): 9:03pm On Jul 01, 2016 |
AnonyNymous: And the lamentation is that, as a result of our short sightedness, we won't ever have a Civil Engineering company large enough: - we won't loan them money at favourable terms - we want them to import all the materials and expertise - we won't partner them with the bigger companies to work on these large projects - we won't spend time and money to help train them - we'll second guess them and frustrate them at every turn and so on. Once China gets too expensive or obviously imperialistic, we'll turn our begging bowls elsewhere. That's what vexing me. 2 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by ocheejemb: 9:06pm On Jul 01, 2016 |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by seguno2: 9:06pm On Jul 01, 2016 |
southpole: Do you think that the government of the other countries did not pay compensation? |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by saintdennis(m): 9:10pm On Jul 01, 2016 |
nextstep: Very true bro. It's just annoying |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by princematz(m): 9:10pm On Jul 01, 2016 |
Hope the money go kom awt sha?....... wailers will dodge dis... 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Nobody: 9:29pm On Jul 01, 2016 |
Crieff:U mean 11b is too much or too small. Go and do ur research, b4 u start doubting. |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Spells(m): 9:40pm On Jul 01, 2016 |
Seeing is believing.... Talk is cheap.... So for now I'll call it a bluff. |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by cao(f): 9:41pm On Jul 01, 2016 |
Halle-freaking-lujah, one of these posts made FP. NLers like to repeat themselves. |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by igala1(m): 9:42pm On Jul 01, 2016 |
Boscojugunu: Take the MM2 & Lekki toll gate projects for instance. It was built and being maintained by private companies. The MOU would state the period they would maintain & earn fees on the projects before handing back to the government. The N60b in the 2016 budget could be for feasibility studies for terrains, settlement & compensation of farm,property owners along the paths. Security, logistics etc. The $11b would be provided by the Chinese Govt/bank to their Chinese company to build the railway. Only we don't know the duration of maintenance, recouping of funds before handing over to the Nigerian Govt. 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Nobody: 9:45pm On Jul 01, 2016 |
nextstep:I see. . . you're right. . .But building up a company large enough requires time, and money. What if our indigenous small small companies merged together and took on more projects to gain a favourable reputation? Im currently a 300level civil engineering student and the mindset of most of us right now is 'looking for a big company to work for'. Hopefully when I graduate I can work for a bigger company to gain experience for about 10 years, and later start up something with my mates and watch it grow with time 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Reference(m): 9:48pm On Jul 01, 2016 |
nextstep: My own idea for these kinds of public works is to have them built almost entirely by mass labour. They are not high tech projects and don't use high tech materials or equipment to deliver, so you can have a very high local content. Granted he who pays the piper dictates who gets what but the government can double up on that project. It is called shadowing. You just copy what you see step by step, bolt by bolt, naira for yen. Unfortunately we don't have the economy neither do we have the nature or will as a nation to develop like that. Take Abuja for instance and the Julius Berger phenomenon. Every bridge they build, every culvert, every light pole is exactly alike, factory built. Why have we not been able to transfer such standards to the local industry down to mass labour works. Why haven't we been able to create an identity of high standards. We just cannot develop if we continue to outsource our infrastructure in perpetuity. The benefits of building roads and rails is not just in the economic product of a better transport network but in the processes that will strengthen the economy, prosper the people individually through jobs, create and sustain allied industry like steel. No not us, we are Nigeria that thinks it is Saudi Arabia. 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by masseratti: 10:09pm On Jul 01, 2016 |
Reference:honestly best post av seen this year, if we dont do things like this ourselves with mass labour just like the British did, we are doomed |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Yinkash100(m): 10:27pm On Jul 01, 2016 |
cramjones: WAILING WAILER 1 Like 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by tbaba1234: 10:38pm On Jul 01, 2016 |
Reference: If Nigeria pays its part of the deal on time, why not? The main reason for delay is money. |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by bashydemy1: 10:56pm On Jul 01, 2016 |
rejosom:To slap you just dey hungry me, If you are programmed to just type rubbish you suppose to use your brain. 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Reference(m): 10:58pm On Jul 01, 2016 |
tbaba1234: I'm talking from an operational point of view. Compensation and right of way does not have a time table, the terrain in too tough to conquer in that time, piling, dredging, bridges are too many. Just speaking from experience. And when they get into urban areas of Lagos, Portharcourt, etc expect a different set of challenges. Such public works even in developed countries take many more years to complete than stated. I will realistically look at anything above five years. |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Etern: 11:10pm On Jul 01, 2016 |
cramjones:Learn to research before misinforming or misrepresenting facts. The line you drew is not the route of the rail line. The contract was actually negotiated downwards to the tune of $800m. It is high speed rail line, and for God's sake Nigeria is not a dead country! 2 Likes |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by abiambo(m): 11:12pm On Jul 01, 2016 |
If this administration completes this project before 2019 ,I will vote for Buhari, apc or not 1 Like 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Etern: 11:13pm On Jul 01, 2016 |
rejosom:We know you are a spambot programmed to insult Buhari. 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Etern: 11:20pm On Jul 01, 2016 |
Boscojugunu:It is part of our own counterpart funding of the project. |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by engrjacuzzi: 11:21pm On Jul 01, 2016 |
I still get hope on NRC be that. |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by TomLepskie(m): 12:48am On Jul 02, 2016 |
cramjones: OK we don hear, let's have the railway first. Kudos to the government. |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by gotousa2013: 1:22am On Jul 02, 2016 |
Let them finish before I comment. 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Biospnx(m): 2:25am On Jul 02, 2016 |
nextstep:do u know a Nigerian construction dat can build railway correctly?, ask USA.. China n India banking dem too |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Boscojugunu(m): 2:33am On Jul 02, 2016 |
Thanks, now i grab igala1: |
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