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Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote - Business - Nairaland

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Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by Nkemakonam62: 6:23am On Jun 21, 2017
The President of Dangote Group, Aliko Dangote, has lauded the decision of the Federal Government to reconstruct the failed Apapa-Wharf road.

With its grim state serving as an embarrassment to the country, there is also a huge loss of about N140 billion to the government on a weekly basis.

Dangote who spoke to select media men yesterday, said: “The economy loses more than N20 billion daily. It affects businesses across the country. All our operations in the hinterland in Ilorin, in Kano are operating at 40 per cent maximum capacity.”

Lamenting the state of roads in the country, Dangote said: “Today, there is no linkage road going from South West to the North. You have to go all the way through Ajaokuta, Obajana, Lokoja and you have to go by that uncompleted road Obasanjo started 13 years ago.‘’
Commenting on his resolve to be personally involved in the Apapa- Wharf road reconstruction, he said: “More than 60 per cent of our country’s import and exports come through the port and we leave it unattended. That is why we started on our own. Flour Mills said they will join us, but now government changed the design because they want all the cables and pipes underground and to have a more robust solution.”
To help in bringing the cost down, he explained that he forced his company to do it at a zero profit. According to him, “Both Dangote and Flour Mills are pumping in over N2.5 billion for the 2 kilometres double lane on each side making a total of 4 kilometres.”
He explained that the biggest job “is drainage because that is what is destroying the road. We will make sure this problem is sorted out once and for all. This thing should not be allowed to happen. We started discussion with the government over a year ago and we are happy that we have been given the opportunity to finally fix it.”
The Federal Government last weekend handed over the troubled road to Dangote Industries Limited and Flour Mills of Nigeria Plc. (FMN) for immediate reconstruction with concrete overlay.
The Memorandum of Understanding (MoU) was signed by the FG, DIL, NPA and the FMN.
The Minister of Power, Works and Housing, Babatunde Fashola, signed the agreement for the handover of the road, on behalf of the Federal Government, while the Managing Director, NPA, Hadiza Usman, and Joseph Makoju, honorary advisor to Aliko Dangote, president, Dangote Group, and Gbedebo, signed for their respective organisations.
The three organisations are embarking on the project as part of their corporate social responsibility (CSR) to Apapa, where they all do business.
The construction work to be handled by AG Dangote, a civil construction company, and joint venture between Dangote Group and AG of Brazil, would utilise concrete slabs as against asphalt, common with road construction in this part of the world.
more at http://www.akelicious.com/2017/06/nigeria-loses-n140-billion-to-apapa.html

1 Like

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by Jostico: 6:28am On Jun 21, 2017
You talk about Gridlock and business . good, but your drivers kill souls who might someday make eons of billion to help this nation. please talk more bout them Mr

19 Likes 1 Share

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by sammieguze(m): 6:36am On Jun 21, 2017
Nice gesture
Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by thesicilian: 6:59am On Jun 21, 2017
Good one indeed from Mr. Dangote and co. We don't always have to wait for the government, sometimes our own initiatives can stimulate the government to action.

2 Likes

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by veekid(m): 7:33am On Jun 21, 2017
Buhari sef

2 Likes

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by Caustics: 7:34am On Jun 21, 2017
nigeria or you
Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by Oladelson(m): 7:34am On Jun 21, 2017
the only thing we hear is the figures.
we dont see shocked the money...
okay continu

2 Likes

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by monaPhilz: 7:35am On Jun 21, 2017
mighty lost
Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by XXLDICK(m): 7:35am On Jun 21, 2017
Dangote wants to construct the road cause the government failed to do it.
Dangote is constructing a large refinery cause the government failed to do it.
Dangote is really trying to make Nigeria a better place despite government failures

Take away Dangote from Nigeria and watch Nigeria be as poor as Liberia

31 Likes 1 Share

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by Eazybay(m): 7:36am On Jun 21, 2017
Its more than that sef!!

Is it until ppl lose their lives b4 they would do sth?

1 Like

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by oshe11: 7:36am On Jun 21, 2017
den wat shud we do Mr




dnt U no heavy trucks destroys d roads abi U nor no hw many family dn lose dia loved ones to ur truck

1 Like

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by clevadani: 7:36am On Jun 21, 2017
Nice one from Dangote and the other partners.
It is a really big shame on the part of our leadership that such an important road has been abandoned for a long time.

5 Likes

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by nnaemmy(m): 7:37am On Jun 21, 2017
Funny enough, the road won't take up to #140billion to rehabilitate but we lose same amount in weekly.


I weep for my country.

10 Likes 3 Shares

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by hardeywhale2: 7:37am On Jun 21, 2017
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Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by Dee60: 7:38am On Jun 21, 2017
THE ROADS INTO APAPA AND OUT OF APAPA ON BOTH ENDS HAVE BECOME A NATIONAL EMBARRASSMENT. IT IS SIMPLY UNBELIEVABLE THAT GOVERNMENTS WILL SIT AND WATCH SUCH DETERIORATION TAKE PLACE AND WATCH ITS OWN CITIZENS SUFFER LIKE THEY ARE NOT HUMANS.

GOING FROM WESTERN AVENUE TO APAPA THE ROAD HAS SIMPLY TURNED INTO A TRAILER PARK. WHAT NUISANCE.

I RECOLLECT THAT MR FASHOLA AS GOVERNOR WOULD GO THERE AND WARN THE DRIVERS AND ENFORCE ONE LANE FOR TRAILERS. AT LEAST SO THAT CARS COULD TAKE THE OTHER LANE. ALL THAT HAS COLLAPSED.

THERE ARE PEOPLE LIVING AND WORKING IN APAPA WHO HAVE SLEPT ON THAT ROAD JUST BECAUSE THE TRAILERS HAVE AGAIN TAKEN OVER THE WHOLE PLACE. IS THERE NO ANSWER TO THIS MALAISE, AT LEAST IN THE SHORT TERM? CAN THE GOVERNMENT NOT ENFORCE SOME ORDER? CAN THESE TRAILERS STOP BEHAVING LIKE INVADING HERDSMEN?

LOCAL GOVERNMENT, STATE GOVERNMENT, FEDERAL GOVERNMENT, OIL DEPOTS, DRIVERS ASSOCIATIONS, WHOEVER, PLEASE LISTEN TO THE CRY OF THE CITIZENS AND RETURN ORDER TO THE ROADS. RE-CONSTRUCTION HAS NOT STARTED AND YET WE HAVE THIS LEVEL OF CHAOS, WHAT WILL HAPPEN WHEN SOME PARTS OF THE ROADS ARE CLOSED FOR RE-CONSTRUCTION?

PLEASE HELP THE PEOPLE. PLEASE HELP RESTORE ORDER. PLEASE DONT TURN APAPA INTO A GRAVEYARD. PLEASE. PLEASE.

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Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by fashrola(m): 7:39am On Jun 21, 2017
I hope say papa Dangote no wan take style tar the road then buy the Apapa port join grin

3 Likes

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by KAHLEH(m): 7:39am On Jun 21, 2017
Jostico:
You talk about Gridlock and business . good, but your drivers kill souls who might someday make eons of billion to help this nation. please talk more bout them Mr
As if he knew dem personally
Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by Saintp(m): 7:41am On Jun 21, 2017
We loose 140 billion weekly and Nigeria is still this shit? Bros Dangote I don believe u joor.
Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by giftft(f): 7:43am On Jun 21, 2017
Get the latest info on b!afra. Biafrasay Forum http://biafrasay.com
Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by Nobody: 7:43am On Jun 21, 2017
That's a good one from Dangote and flour mills...I'm sure he just made mention of the FG to make it look like the FG is working...

1 Like

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by Princeboca12(m): 7:43am On Jun 21, 2017
Jostico:
You talk about Gridlock and business . good, but your drivers kill souls who might someday make eons of billion to help this nation. please talk more bout them Mr

Mr Man i feel your pains but we should know that accidents happen everyday. Its so unfortunate that dangote seems to have the most truck in Nigeria. What would u say abt the cocacola trucks that has wasted many souls. I just wish the goverment could create something like a BRT lane for these trailers

2 Likes

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by NothingDoMe: 7:44am On Jun 21, 2017
KAHLEH:

As if he knew dem personally
Personally or not he is responsible.
Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by harrybarn: 7:45am On Jun 21, 2017
#140 billion weekly On just one road? Thats disturbingly hard to believe. Isn't that about # 9trillion a year. How much is our annual budget even?

2 Likes

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by giftft(f): 7:45am On Jun 21, 2017
That's huge
Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by bridgesjnr: 7:45am On Jun 21, 2017
N140 Billion weekly?..... that's N560 Billion monthly.... Maybe Dangote over exaggerated a little though.... Regardless, the Government should wake up to her responsibilities and quit waiting on One Man to keep saving her.... not good for a country depending on an Individual....






For your 3D Printing Services in Nigeria, check BrainWire-ng or call 08164024723.

1 Like

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by opalu: 7:45am On Jun 21, 2017
Story for the gods!
So that justifies your closing the same 140b/week road for a whole year (52 weeks)!
N140B X 52 weeks = N7.28 Trillion

I don't know what Nigeria has done to deserve all these.
Just 2km for 1 year angry

2 Likes

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by Bobby4090: 7:46am On Jun 21, 2017
The useless Fashola has stayed almost 2 years as minister of works and yet these roads remained an eyesore. He has refused or is incapable of working any of the strategic roads in Lagos. So after FG refused to do Int Airport road, Ambode took it over to do. Now after refusing to do the Apapa Wharf road, Dangote and Flour Mills are now doing it themselves. Tell me, what single kobo is the FG spending on its own in Lagos and in all those strategic roads. They fustrate people to the extent that the state government and companies now take over the roads inspite of the N500 billion budget of the Fed works ministry. Shame on FG and shame on Fashola especially because after being a Lagos Governor he has made no single kobo investment in any road in Lagos.

4 Likes

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by BayodeAkinola(m): 7:48am On Jun 21, 2017

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by bignero: 7:48am On Jun 21, 2017
angry
Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by Iamwrath: 7:49am On Jun 21, 2017
Dangote , bad sharp Niggur
Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by lilytender: 7:50am On Jun 21, 2017
Nkemakonam62:


Lamenting the state of roads in the country, Dangote said: “Today, there is no linkage road going from South West to the North. You have to go all the way through Ajaokuta, Obajana, Lokoja and you have to go by that uncompleted road Obasanjo started 13 years ago.

more at http://www.akelicious.com/2017/06/nigeria-loses-n140-billion-to-apapa.html

Obasanjo started a particular road 13 years ago, but Obasanjo, Yar'Adua and Goatluck did not finish the road up till now. Definitely, money would have been budgeted, released and shared by the looting elites. Yet children of hate and anger say it is Buhari that made their fathers impotent and that the magician called Raji Fashola should have tared all roads in the land of the falling sun withing his 2 years in office.

6 Likes

Re: Nigeria Loses N140 Billion To Apapa Gridlock Weekly Says Dangote by MANNABBQGRILLS: 7:51am On Jun 21, 2017
That's a lot of dough!!

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