Why is it Igbos and PDP supporters that are most hurt by this project

Even Onitsha and Aba men seem to be most affected when they live thousands of Kms away.

Anyway, God knows why.

realborn:
A visionary and very proactive government.

Signed May 25, 2016, terminated May 22, 2017.

Enacting timely and promptly, the termination/determination clause on delays by the concessionaire.

If more public entities can be run like real business outfits without forgetting the mandatory social services, the results will be very far reaching. Today, Dubai launched a Robot Police Service. Soon, Lagos may lead a landmark development achievement in West Africa (at the least), at this pace.

Wishing Ambode and his team greater direction in the choice of a new suitable concessionaire.

You clearly don't understand what you're saying cos if you do,you'd know that no single individual can just wake up one day and terminate contracts. It's the height of illiteracy.There's always a dispute resolution process in every serious MOU and am certain a unilateral decision by some crazy politician is not part of it.

This is one of the key reasons Nigeria will suffer for long. Go and ask the politicians that cancelled MOUs like Lagos Ibadan expressway,Ajaokuta,etc. It simply brings up very long legal battles that the people will suffer for long before any meaningful work is started.

What was he looking at before signing?Am sure some powers that be are just not happy with the Concessionaire perhaps the kickback is not flowing to them as expected so they have to look for a "very willing concessionaire". I won't be surprised if Tinubu orchestrated this.Yeye country.

cooldood:


You clearly don't understand what you're saying cos if you do,you'd know that no single individual can just wake up one day and terminate contracts. It's the height of illiteracy.There's always a dispute resolution process in every serious MOU and am certain a unilateral decision by some crazy politician is not part of it.

This is one of the key reasons Nigeria will suffer for long. Go and ask the politicians that cancelled MOUs like Lagos Ibadan expressway,Ajaokuta,etc. It simply brings up very long legal battles that the people will suffer for long before any meaningful work is started.

What was he looking at before signing?Am sure some powers that be are just not happy with the Concessionaire perhaps the kickback is not flowing to them as expected so they have to look for a "very willing concessionaire". I won't be surprised if Tinubu orchestrated this.Yeye country.

Please stop making things up.

MOU is not a contract and it's nonbinding, it's just a statement of intent and understanding.

Lagos-Ibadan expressway was a direct contract, not MOU.

ba7man:
Why is it Igbos and PDP supporters that are most hurt by this project

Even Onitsha and Aba men seem to be most affected when they live thousands of Kms away.

Anyway, God knows why.

Because progress and development makes them sad, bitter, angry and upset.

bakynes:

Mumu why are you removing Awori from the general Yoruba group. Aworis are Yorubas, Google is your friend Omo Ibo. How are we co-owners na your Papaland better go back to Enugu and develop your Papaland.

when Awori land take turn Afonja land ..take your time ooo

Enuguboy4nsk:

when Awori land take turn Afonja land ..take your time ooo

You be Olodo abi u no get enough MB to check google to see say Aworis na Yoruba people.

https://www.youtube.com/watch?v=oZu5oUS8Yls

Movement for the 4th mainland bridge, EP 1

dealslip:
Almost a trillion Naira for a 36km bridge. This people should fear God oh!!!

ah dey tell you.they should fear God biko. haba. e too much. na Lagos to IMO bridge dem wan do? chai

DamiBukola:
stop defending corruption, there is no way that bridge should be up to 1 trillion. A country where everyone defends her own

Abeg leave am. if you keep replying s/he will keep defending this bullcrap. there's no way that bridge should cost up-to that nonsense put out there.

bakynes:

You be Olodo abi u no get enough MB to check google to see say Aworis na Yoruba people.

Awori no be Yoruba.. Google it. olodo brukutu

cooldood:


You clearly don't understand what you're saying cos if you do,you'd know that no single individual can just wake up one day and terminate contracts. It's the height of illiteracy.There's always a dispute resolution process in every serious MOU and am certain a unilateral decision by some crazy politician is not part of it.

This is one of the key reasons Nigeria will suffer for long. Go and ask the politicians that cancelled MOUs like Lagos Ibadan expressway,Ajaokuta,etc. It simply brings up very long legal battles that the people will suffer for long before any meaningful work is started.

What was he looking at before signing?Am sure some powers that be are just not happy with the Concessionaire perhaps the kickback is not flowing to them as expected so they have to look for a "very willing concessionaire". I won't be surprised if Tinubu orchestrated this.Yeye country.

Mr Cooldood,

I would have disregarded a response to your diatribe or tirade, but hey, someone could have been badly informed by your charade of limited understanding. My few comments:

1. Your opening remark "You do not know what you are saying..." is inapt.

2. Yes, a party to an agreement or contract can enact appropriate/apposite clauses to determine such agreement or contract.

3. Enacting a right under the relevant termination or determination clauses does not necessarily lead to a dispute requiring a resolution. Not at all. If the terminating party establishes a breach and gives appropriate notices or executes the determination clauses in accordance with the pre-agreed procedures, there shall be no dispute, and inadvertently, no dispute resolution.

4. Contrary to your assertion, Africa is way behind because of concessionaires or supposed partners who do not meet their obligations, and demand of graft by political representatives at all stages leading to deficient political will/integrity to call such partner to order.

5. The MoU often times is not the final contract. It is usually necessary to emphasize to eachother, willingness to proceed with the intended cause/intent for commencement of pre-agreef activities/deliverables ahead of entering into a proper contract. To this end, it is much easier to determine or terminate MoUs in the event of a breach. Kindly read the definition of MoU as culled from Wikipedia's definition:

"A memorandum of understanding (MoU) describes an agreement between two (bilateral) or more (multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement. It is a more formal alternative to a gentlemen's agreement."

6. Mr. Akinsanya, confirmed the cause of termination, "slow pace...". This would have been a relevant event defined in the MoU. The fact that the timelines were monitored by LASG is very commendable.

7. Mr. Akinsanya confirmed that the interest by other investors from South Korea, Europe and USA is very high. The prompt action against this concessionaire will send the right message to others that the LASG is a refined, astute and informed Nigerian entity.

8. Irrespective of how stringent the prequalification process is, either party to an agreement/contract can fail. What is pertinent, is to have the appropriate remedies to address any breach. A proper due diligence at the prequalification stage only reduces the risk of the probability of a failure/breach but does not eliminate it.

9. Dispute resolution methods are pre-agreed and allowed for in such agreements/contracts for either party to seek redress when such party feels the other party has wrongly interpreted the clauses or when both parties cannot reach an amicable resolve on a key contractual issue, e.g financial claims or extension of time.

Enjoi the rest of the day!

greenpasture:


As one who voted APC at the last election, I am not comfortable with the news. I dont think it was a great contract. I dont think the project coordinator needs to be an unknown firm like visible anything.

But

Lagos needs to stop breaking and shunting contracts. What milestones were set for the project, how many have been missed? What warnings were given? What penalties other than contract cancellation are available? Contracts have never been sacrosant in Nigeria and Lagos had an opportunity to change this. It didnt do so this time. What recourse does an aggrieved party have? The Lagos High Court? Please.

In the next round of concessionary discussions, we want to see proven names with a long history of success in similar projects. Since it is a dollar denominated project we want to see international arbitration as the first line of legal protection. A lot of money has already been spent. We cant keep doing ludo " peck and go"

Long live Lagos state. I am still a strong supporter of the governor and his party and every day i thank God for not allowing some charlatans speaking english to hijack the state to fund the repair of their ruined umbrella.

Thanks for the very well said comments.

They signed an MoU, a less binding agreement. I am glad this was monitored and action taken as soon as the concessionaire breached. Moving forward, it is strongly advised that the conditions for failure by the next comsidered concessionaire should be more stringent, especially if the expression of interest is high.

Excerpt of Wikipedia's definition of MoU:

"A memorandum of understanding (MoU) describes an agreement between two (bilateral) or more (multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement. It is a more formal alternative to a gentlemen's agreement."

Montaque:

People that didn't do their due diligence well, you are here praising them. They should shine their eyes this time around or they will terminate another MOU

I agree to a great extent.

Sometimes, irrespective of the prequalification process, parties do fail. The essence of my positive reaction is because the LASG monitored the timelines. Quite unprecedented. It gives a somewhat reassurance that the concessionaire may have not financially induced the decision leading to the selection in May 2016. It also reflects that the government was free to enact her right to determine the agreement too.

realborn:


Mr Cooldood,

I would have disregarded a response to your diatribe or tirade, but hey, someone could have been badly informed by your charade of limited understanding. My few comments:

1. Your opening remark "You do not know what you are saying..." is inapt.

2. Yes, a party to an agreement or contract can enact appropriate/apposite clauses to determine such agreement or contract.

3. Enacting a right under the relevant termination or determination clauses does not necessarily lead to a dispute requiring a resolution. Not at all. If the terminating party establishes a breach and gives appropriate notices or executes the determination clauses in accordance with the pre-agreed procedures, there shall be no dispute, and inadvertently, no dispute resolution.

4. Contrary to your assertion, Africa is way behind because of concessionaires or supposed partners who do not meet their obligations, and demand of graft by political representatives at all stages leading to deficient political will/integrity to call such partner to order.

5. The MoU often times is not the final contract. It is usually necessary to emphasize to eachother, willingness to proceed with the intended cause/intent for commencement of pre-agreef activities/deliverables ahead of entering into a proper contract. To this end, it is much easier to determine or terminate MoUs in the event of a breach. Kindly read the definition of MoU as culled from Wikipedia's definition:

6. Mr. Akinsanya, confirmed the cause of termination, "slow pace...". This would have been a relevant event defined in the MoU. The fact that the timelines were monitored by LASG is very commendable.

7. Mr. Akinsanya confirmed that the interest by other investors from South Korea, Europe and USA is very high. The prompt action against this concessionaire will send the right message to others that the LASG is a refined, astute and informed Nigerian entity.

8. Irrespective of how stringent the prequalification process is, either party to an agreement/contract can fail. What is pertinent, is to have the appropriate remedies to address any breach. A proper due diligence at the prequalification stage only reduces the risk of the probability of a failure/breach but does not eliminate it.

9. Dispute resolution methods are pre-agreed and allowed for in such agreements/contracts for either party to seek redress when such party feels the other party has wrongly interpreted the clauses or when both parties cannot reach an amicable resolve on a key contractual issue, e.g financial claims or extension of time.

Enjoi the rest of the day!

Again, you surely are on a lonely path, only you will complete.

The project was given to the concessionaire under a BOT arrangement for a period of 40 years and parties to the concession include Africa Finance Corporation, Access Bank, Visible Assets Limited, J.P. Morgan Nigeria and Advanced Engineering Consultants, and if these guys have committed huge resources so far, do you think it will be an easy run for Ambode and his fellow 'fools' to simply cancel and bring on board new parties, I laugh in German. Wait and see.

Also, have you seen the terms of the contract before you posited that Lagos State Government had a right to trigger a termination after 12 months into a project? What type of flimsy excuse is: "due to slow pace of the work", why are they not giving the public detailed info., or have they found a more cooperating consortium who will grease their palms quite easily?

Again, you mentioned that Africa is way behind because of concessionaires or supposed partners who do not meet their obligations, you can imagine such, it is clear you are far from the corridors of political actors in Nigeria (or you are blindly defending them or pretending, its either of the two). Most projects are given to the cronies of these political idiots, who then go ahead to do and undo, so blame it on your certified illiterate politicians who are simply thinking of how to max. out of huge infrastructural projects. Lekki Epe Expressway concession is an example (Tinubu is a major stakeholder in LCC, in fact, he owns a huge part of HiTech Construction Company- the construction company that is in charge of most road projects in South West), Lagos-Ibadan (Obasanjo to Bi-courtney, his crony), MMA II, Ajaokuta Steel Plant (Obasanjo to his son Gbenga) and so many others.

Oga, it is not about the speedy delivery of these projects, it is about kickbacks for these polithiefcians.

cooldood:


Again, you surely are on a lonely path, only you will complete.

The project was given to the concessionaire under a BOT arrangement for a period of 40 years and parties to the concession include Africa Finance Corporation, Access Bank, Visible Assets Limited, J.P. Morgan Nigeria and Advanced Engineering Consultants, and if these guys have committed huge resources so far, do you think it will be an easy run for Ambode and his fellow 'fools' to simply cancel and bring on board new parties, I laugh in German. Wait and see.

Also, have you seen the terms of the contract before you posited that Lagos State Government had a right to trigger a termination after 12 months into a project? What type of flimsy excuse is: "due to slow pace of the work", why are they not giving the public detailed info., or have they found a more cooperating consortium who will grease their palms quite easily?

Again, you mentioned that Africa is way behind because of concessionaires or supposed partners who do not meet their obligations, you can imagine such, it is clear you are far from the corridors of political actors in Nigeria (or you are blindly defending them or pretending, its either of the two). Most projects are given to the cronies of these political idiots, who then go ahead to do and undo, so blame it on your certified illiterate politicians who are simply thinking of how to max. out of huge infrastructural projects. Lekki Epe Expressway concession is an example (Tinubu is a major stakeholder in LCC, in fact, he owns a huge part of HiTech Construction Company- the construction company that is in charge of most road projects in South West), Lagos-Ibadan (Obasanjo to Bi-courtney, his crony), MMA II, Ajaokuta Steel Plant (Obasanjo to his son Gbenga) and so many others.

Oga, it is not about the speedy delivery of these projects, it is about kickbacks for these polithiefcians.

You are very reprobate and have a very bad approach to your feedbacks. You should learn to address or react to the opinion of others on a faceless forum without ad hominem attacks.

Back to the subject, my comments:

1. I painstakingly explained to you the difference between an MoU and a proper contract. I am quite convinced that there are prerequisite conditions ahead of entering into a full contract. We are supposedly not privy to the letters of the MoU, hence we cannot lampoon the LASG for exercising her rights under the MoU. It is possible that both parties agreed to time-bound milestones as basis for determination. Why not wait for the concessionaire to contest or challenge the termination before blaming the LASG? Should LASG wait endlessly for an erring concessionaire because resources have been expended? Are you privy to the concessionaire's decision? How sure are you that the concessionaire did not opt to discontinue the process on further careful examination, irrespective of the efforts and resources expended? How sure are you that LASG did not give relevant notices ahead of the determination?

2. Kindly refer to item 4 of my penultimate post. I clearly stated "graft" as one of the key reasons why Africa is behind. Graft means political corruption. You can gain further understanding if you research on "graft(politics)".

3. Yes, delay by a party to an agreement is a very valid "relevant event" on any construction projects. Presently, I have a project where it will cost the Employer N15m/week or part thereof as loss and expense to the Contractor. And in similar vein, the Contractor will pay 0.25%/week or part thereof (approximately N12m) as Liquidated and Ascertained Damages to the Employer for time related delays.

It is good to share opinions. It is very wrong to demean others.

realborn:


You are very reprobate and have a very bad approach to your feedbacks. You should learn to address or react to the opinion of others on a faceless forum without ad hominem attacks.

Back to the subject, my comments:

1. I painstakingly explained to you the difference between an MoU and a proper contract. I am quite convinced that there are prerequisite conditions ahead of entering into a full contract. We are supposedly not privy to the letters of the MoU, hence we cannot lampoon the LASG for exercising her rights under the MoU. It is possible that both parties agreed to time-bound milestones as basis for determination. Why not wait for the concessionaire to contest or challenge the termination before blaming the LASG? Should LASG wait endlessly for an erring concessionaire because resources have been expended? Are you privy to the concessionaire's decision? How sure are you that the concessionaire did not opt to discontinue the process on further careful examination, irrespective of the efforts and resources expended? How sure are you that LASG did not give relevant notices ahead of the determination?

2. Kindly refer to item 4 of my penultimate post. I clearly stated "graft" as one of the key reasons why Africa is behind. Graft means political corruption. You can gain further understanding if you research on "graft(politics)".

3. Yes, delay by a party to an agreement is a very valid "relevant event" on any construction projects. Presently, I have a project where it will cost the Employer N15m/week or part thereof as loss and expense to the Contractor. And in similar vein, the Contractor will pay 0.25%/week or part thereof (approximately N12m) as Liquidated and Ascertained Damages to the Employer for time related delays.

It is good to share opinions. It is very wrong to demean others.

Oga nobody has demeaned you,you don't understand the wrong signal contract cancellation mean to the investment community, it simply increases political risk and reduces investors confidence in your system. Not when the likes of JP Morgan and AFC are involved. The country risk premium for Nigeria is currently at 6.4%+, this overnight emotional decision just raises questions. Why not spend proper time selecting project contractors to avoid stories and unnecessary legal battles in future.

Same way your polithiefcians were in a haste to sell moribund power assets to their cronies,and till today its one story or the other from all parties.

Where is the place of proper RFP and due diligence before selection. Now Ambode has wasted 12 months of development time due to their ineptitude and corrupt tendencies.

cooldood:


Oga nobody has demeaned you,you don't understand the wrong signal contract cancellation mean to the investment community, it simply increases political risk and reduces investors confidence in your system. Not when the likes of JP Morgan and AFC are involved. The country risk premium for Nigeria is currently at 6.4%+, this overnight emotional decision just raises questions. Why not spend proper time selecting project contractors to avoid stories and unnecessary legal battles in future.

Same way your polithiefcians were in a haste to sell moribund power assets to their cronies,and till today its one story or the other from all parties.

Where is the place of proper RFP and due diligence before selection. Now Ambode has wasted 12 months of development time due to their ineptitude and corrupt tendencies.

You shouldn't be in this discussion to start with since you do not know the difference beween contact and MOU.


You keep talking about contract when in fact this is an MOU which is non binding.

Again, stop saying contract because this is not a contract.


Talking about contracts, yes you can cancel the contract based on the stipulated terms in the contract that requires such measure if the terms of the contract are not abide by like schedule and completion period.


You arguing blindly with irrelevant argument.

cooldood:


Oga nobody has demeaned you,you don't understand the wrong signal contract cancellation mean to the investment community, it simply increases political risk and reduces investors confidence in your system. Not when the likes of JP Morgan and AFC are involved. The country risk premium for Nigeria is currently at 6.4%+, this overnight emotional decision just raises questions. Why not spend proper time selecting project contractors to avoid stories and unnecessary legal battles in future.

Same way your polithiefcians were in a haste to sell moribund power assets to their cronies,and till today its one story or the other from all parties.

Where is the place of proper RFP and due diligence before selection. Now Ambode has wasted 12 months of development time due to their ineptitude and corrupt tendencies.

I think otherwise though.

I think the international community will for the first time notice that a sub-unit in Nigeria is focused and willing to make progress. For years, investors sign all sort with us but notice that they can act otherwise without any penalties. The so called investors thereafter deploy ways to benefit or fleece our resources on the heels of the influence gained.

In this instance, 4th Mainland Bridge is a flagship project that a plethora of investors will be willing to participate in. Mr Akinsanya confirmed this. I reiterate that it sends signals to all and sundry that the LASG is simply looking for serious partners.

Irrespective of the pre-qualification process or due diligence carried out, any party to an agreement can fail. This is why determination clauses and remedies are included in all agreements or contracts between different parties.

A good (not compromised) manager knows when to implement or enact such clauses.

My final 2 cents on the subject..

deomello:




You shouldn't be in this discussion to start with since you do not know the difference beween contact and MOU.


You keep talking about contract when in fact this is an MOU which is non binding.

Again, stop saying contract because this is not a contract.


Talking about contracts, yes you can cancel the contract based on the stipulated terms in the contract that requires such measure if the terms of the contract are not abide by like schedule and completion period.


You arguing blindly with irrelevant argument.

Clearly you dont know what you are saying Mr. Man. There is a BOT contract oga, that was signed in 2016. No wonder your politicians behave the way they do, they know the people they are leading, unfortunately, not everyone is blind. The simple question you failed to answer, who forced you to sign the contract in the first place, and who says the same way the Government perhaps messed up the selection of the contractual parties in 2016, they still wont do the same again. #yeyeleadersleadingfunnyfollowers

realborn:


I think otherwise though.

I think the international community will for the first time notice that a sub-unit in Nigeria is focused and willing to make progress. For years, investors sign all sort with us but notice that they can act otherwise without any penalties. The so called investors thereafter deploy ways to benefit or fleece our resources on the heels of the influence gained.

In this instance, 4th Mainland Bridge is a flagship project that a plethora of investors will be willing to participate in. Mr Akinsanya confirmed this. I reiterate that it sends signals to all and sundry that the LASG is simply looking for serious partners.

Irrespective of the pre-qualification process or due diligence carried out, any party to an agreement can fail. This is why determination clauses and remedies are included in all agreements or contracts between different parties.

A good (not compromised) manager knows when to implement or enact such clauses.

My final 2 cents on the subject..

Its ok, but you havent answered a burning question at heart, who says the same way the administration has messed up the whole selection process barely 12 months ago, wont repeat itself? You said, A good (not compromised) manager knows when to implement clauses, but where is the place of an excellent manager that knows how to select parties and get it right the first time. I am simply not surprised though, as Ambode is following the footsteps of his predecessors/ Godfather(s), taking laws into their hands,going against the rule of their land, and so on. In fact, that is one of the main reasons Nigeria is where it is today.

You also think it sends a good message to the investment community, I simply just smile when I saw this. Go and read World Bank's ease of doing business report for 2017 and then you will understand the place of due process and contracts in why we are hovering around 169/170 in the last 3 years or so. You do not sign long term agreements, or terms or contracts, and within 12 months, wake up and cancel it because you are the Governor, it means you can do the same to the next investors, and so on and so forth. It is simply wrong! This scares investors away.

I was privileged to be part of EIU's Sub-Saharan Africa Investment Conference early this year, and my gosh! Nigeria's report card was just so bad, the only 'music' they kept singing about Nigeria was- lack of clear policy direction and inconsistency in decision making. Today you ban this, tomorrow you unban it, next day, you sign contract, the next month, you cancel it, same thing Lagos State is doing. It is bad governance, as simple as it is, and its the citizenry that suffer for it at the end of the day, not these illiterate leaders.

cooldood:


Its ok, but you havent answered a burning question at heart, who says the same way the administration has messed up the whole selection process barely 12 months ago, wont repeat itself? You said, A good (not compromised) manager knows when to implement clauses, but where is the place of an excellent manager that knows how to select parties and get it right the first time. I am simply not surprised though, as Ambode is following the footsteps of his predecessors/ Godfather(s), taking laws into their hands,going against the rule of their land, and so on. In fact, that is one of the main reasons Nigeria is where it is today.

You also think it sends a good message to the investment community, I simply just smile when I saw this. Go and read World Bank's ease of doing business report for 2017 and then you will understand the place of due process and contracts in why we are hovering around 169/170 in the last 3 years or so. You do not sign long term agreements, or terms or contracts, and within 12 months, wake up and cancel it because you are the Governor, it means you can do the same to the next investors, and so on and so forth. It is simply wrong! This scares investors away.

I was privileged to be part of EIU's Sub-Saharan Africa Investment Conference early this year, and my gosh! Nigeria's report card was just so bad, the only 'music' they kept singing about Nigeria was- lack of clear policy direction and inconsistency in decision making. Today you ban this, tomorrow you unban it, next day, you sign contract, the next month, you cancel it, same thing Lagos State is doing. It is bad governance, as simple as it is, and its the citizenry that suffer for it at the end of the day, not these illiterate leaders.

Subject to further intricate details,

I think the world feels different about Lagos.

I think the concessionaire erred and did not fulfil their own obligations as required.

I think a new concessionaire will emerge.

I think this new concessionaire will focus better.

If my thoughts and assumptions are wrong, I absolutely agree that your concerns are very valid.

Do have a splendid night rest.

realborn:


Subject to further intricate details,

I think the world feels different about Lagos.

I think the concessionaire erred and did not fulfil their own obligations as required.

I think a new concessionaire will emerge.

I think this new concessionaire will focus better.

If my thoughts and assumptions are wrong, I absolutely agree that your concerns are very valid.

Do have a splendid night rest.

That's fine.

Enjoy your night too.

realborn:


Thanks for the very well said comments.

They signed an MoU, a less binding agreement. I am glad this was monitored and action taken as soon as the concessionaire breached. Moving forward, it is strongly advised that the conditions for failure by the next comsidered concessionaire should be more stringent, especially if the expression of interest is high.

Excerpt of Wikipedia's definition of MoU:

"A memorandum of understanding (MoU) describes an agreement between two (bilateral) or more (multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. It is often used in cases where parties either do not imply a legal commitment or in situations where the parties cannot create a legally enforceable agreement. It is a more formal alternative to a gentlemen's agreement."

Thank you for pointing out that it was an MoU. Hopefully there will no similar incidents. Investor confidence is important to getting the first XI investors that Nigeria needs.

cooldood:


Clearly you dont know what you are saying Mr. Man. There is a BOT contract oga, that was signed in 2016. No wonder your politicians behave the way they do, they know the people they are leading, unfortunately, not everyone is blind. The simple question you failed to answer, who forced you to sign the contract in the first place, and who says the same way the Government perhaps messed up the selection of the contractual parties in 2016, they still wont do the same again. #yeyeleadersleadingfunnyfollowers

Please stop repeating the same ignorant rubbish.


It was an MOU, not a contract.

Let it go if you have nothing better to contribute.

deomello:



Please stop repeating the same ignorant rubbish.


I was an MOU, not a contract.

Let it go if you have nothing better to contribute.

Na u sabi...#likeleaderslikefollower...lol

boost your account and see text below

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