So that we would embrace Sukuku abi, you people are joking if you like use the money to build houses for everybody in the south east, come to think of it, which roads are they talking about. Bunch of Liers continue to lie

Investment Galore

Zombies will stand shrieking like monkeys in jubilation as if that will stop buhari from being booted out next year.

The lies keep coming. There is no construction going on anywhere. Pass through the Enugu-Onitsha expressway and see things for yourself. Buhari must go back to Daura

iykecicero:
Foolish government. Kano and other northern states were built with beer VAT.

This is probably a Jewish alobam just like me. Shalom my brother. Shift let me join you to disgrace our parents.

ashjay001:
Oya, let d wailing begin

Yes, Which of the Southeast are they talking about. I moved from Enugu to Portharcourt yesterday and it was one of the most terrible travelling experience ever. Maybe the 16bn never reach there, its still on the way.

oyb:
Light cannot mix with darkness. They should reject the Islamic road and opt for road sponsored by CAN.

Mumu. The sukuk bond is a federal government investment not a Muslim investment. The FG can decide to invest in a Christian bond or Hindu bond...whatever.

In the same vein, sharia states should stop sharing in VAT from alcohol, tobacco etc.

Pathetic zombie.

16bn for SE and the balance of 84bn went to which geo zone?

What about Enugu - Makudi (Obolo afor Nsukka way) that road needs dualization.

alphonsojaybaz:
FEDERAL GOVERNMENT INVESTS N16BN SUKUK BOND ON SOUTH EAST ROADS
source: http://www.eyesoflagos.com/2018/02/federal-government-invests-n16bn-sukuk.html

The federal government has invested N16.6 billion of the N100 billion Sukuk Bond for the rehabilitation of some roads in the South East geopolitical zone. In October 2017, the federal government had released the proceeds of the N100 billion Sukuk bond to 25 key economic road projects across the country. Eyes Of Lagos gathered that, The director of Highways, South East, Federal Ministry of Works, Mr Adetokunbo Sogbesan, made the disclosure in Enugu yesterday during a media tour of ongoing federal projects in the zone. Sogbesan said the investment is aimed at improving road infrastructure in the zone, adding that four different road sections were covered by the fund. He listed the sections to include the Enugu – Onitsha expressway, Enugu – Lokpanta, Lokpanta – Abia Tower and Abia Tower – Aba section of the Enugu – Port Harcourt expressway. At the 9th Mile – Enugu section of the Enugu – Onitsha Expressway, Sogbesan expressed satisfaction on the job done so far by the contractors, Reynolds Construction Company Ltd (RCC). He said the project, which covered a distance of 58km, is from Amansea in Anambra to Enugu. “Forty kilometres of the road is in Anambra while 18km is in Enugu section of the road. The contractors have achieved about 35 per cent completion of the project,” he said. He said that with the quality of job being done by the contractors, the road would make its expected lifespan of between 20 years and 30 years. Sogbesan, however, expressed concern over the heavy traffic flow on the road. He said, “I pray we get more funding so as to deliver this project at the right time. This project will improve transportation infrastructure. The micro-economy impact of this road will go a long way to help Nigerians”. Also, the federal controller of Works, Enugu, Mr Oluropo Oyetade, said that monitoring of the project had been encouraging since the contractors reported to site. Oyetade said that the contract with a completion period of 36 months was awarded in 2014 but was not funded till 2017, just as he noted that the job is expected to be delivered by December 2019. In a related development, the federal government has said it will use Infrastructure Bond Investment from financial institutions and investors to expedite execution of road and housing projects across the country. According to a statement from the information unit of the Works department, the Minister of Power, Works and Housing, Babatunde Fashola, disclosed this while receiving institutional investors, including HSBC, China group 3 and 4 led by the managing director of Stanbic IBTC, Dr. Damola Sogunle, in his office yesterday. Fashola explained that to finance road/bridge projects through Tax Relief and Islamic banking “Sukuk” cannot be enough to provide infrastructure development in Nigeria. He added that Infrastructure Bond Instrument will complement government efforts at providing the needed critical infrastructure to end users. The Minister however expressed the need for a reset in the housing sector in the country, emphasising that the “financial establishment must stand as the vanguard of the reset” by borrowing a leaf from countries that have successfully utilised similar investment practice, such as United Kingdom. Fashola disclosed that the Pilot Home for the National Housing Programme of the present administration has taken off in 33 states of the federation. This, he said, is made up of one to three bedrooms model, which are expected to be valued accordingly, considering the standard and infrastructure. The minister further disclosed that the federal government, currently holding 40% equity in the power sector, is of the opinion that privatisation is logical, arguing that it has been successful in the media, banking, aviation sectors amongst others. According to him, the Ministry will optimise on existing capacity even as government has approved distribution extension programme in power.

alphonsojaybaz:
FEDERAL GOVERNMENT INVESTS N16BN SUKUK BOND ON SOUTH EAST ROADS
source: http://www.eyesoflagos.com/2018/02/federal-government-invests-n16bn-sukuk.html

He said the project, which covered a distance of 58km, is from Amansea in Anambra to Enugu. “Forty kilometres of the road is in Anambra while 18km is in Enugu section of the road. The contractors have achieved about 35 per cent completion of the project,” he said. He said that with the quality of job being done by the contractors, the road would make its expected lifespan of between 20 years and 30 years.

This is one very big lie. How can 40 kilometers of the road be in Anambra state and 18 kilometers in Enugu state when from Amansea in Anambra state to Enugu State is less than 3 kilometers? 35% completion? Haba, APC

East that I travelled to in December, came back and had to change shock absorbers. A large portion of the Nsukka to 9th Mile road is completely impassable. In fact, had to go through Opi Junction-Enugu-Port Harcourt road-Udi just to get to my village (the same route coming back).

modelmike7:

It's obvious you can't read. This is what hatred do to you, it doesn't make you think like a normal human being.
So because the money was invested, then SUDDENLY and MIRACULOUSLY the new road will just appear?
You sleep and wake up to see the new roads?!
Smh

Read this again
(He listed the sections to include the Enugu – Onitsha expressway, Enugu – Lokpanta, Lokpanta – Abia Tower and Abia Tower – Aba section of the Enugu – Port Harcourt expressway. At the 9th Mile – Enugu section of the Enugu – Onitsha Expressway, )



The Government is building your roads and you termed it 'let them waste their money?'
How old are these people for Krisssake?!

Yes. Let them pretend to be building fantasy roads when we all know that 2019 and the South East vote is the endgame.

And let them try to earn a bit of cheap publicity from this fake news to cover up the Dapchi fiasco. Those of us with brains ain't buying it pal.

Not all of us have IQs that register in the lower 50s like yours. Not to brag, but you and I don't operate on the same mental wavelength.

Imagine all these lies in the beginning of a new month and some Mugus are here hailing the propagandist govt. Especially, those that haven't travelled beyond Sagamu!

Youngadvocate:
The kind of stench of lies that proceed the mouth of all APC members is more positive that Ak47.

Is it the South East Nigeria they are talking about or South East Ghana.

Do these people even have single sense of moderating lies at all? At least make your lies believable!!

you havent made any point o

Fash0la, Take it for being a c0nsistent lair

modelmike7:


You took the words outta my mouth bro.
Baba will keep working while the haters keep hating.
In Buhari, we believe.
Good one comrade!

Nice
I believe u two should add: FULANI KILLINGS, BOKO HARAM, DAPCHI KILLINGS, CABAL CONTROL TILL 2023

modelmike7:

It's obvious you can't read. This is what hatred do to you, it doesn't make you think like a normal human being.
So because the money was invested, then SUDDENLY and MIRACULOUSLY the new road will just appear?
You sleep and wake up to see the new roads?!
Smh

Read this again
(He listed the sections to include the Enugu – Onitsha expressway, Enugu – Lokpanta, Lokpanta – Abia Tower and Abia Tower – Aba section of the Enugu – Port Harcourt expressway. At the 9th Mile – Enugu section of the Enugu – Onitsha Expressway, )



The Government is building your roads and you termed it 'let them waste their money?'
How old are these people for Krisssake?!

Most sections of the project were not well worked on.
Lokpanta – Abia Tower and Abia Tower – Aba section of the Enugu – Port Harcourt expressway, has already been 'patched' because potholes were appearing. Less than nine months after asphalt was done. It should have been 150mm per layer(sharp sand, red mud, Stonebase, tar, etc), but its not.
Some sections also show signs that rainy season and dry season this year would lead to more potholes appearing on the roads

They say 16 billion, well, more like money not effectively used.

Only 16 billion!

That is not even enough for one state

South easterners, make una wise up.

Every time the election is near, you begin to hear false promises of rehabilitating the south east. If its not talks about getting the 2nd Niger bridge, its repairing the Onitsha - Enugu express roads.

Make una wise up ooo. Its all gimmicks to fall in their trap, after the election is over they will pause the project just like they did with 2nd Niger bridge.

Islamic agenda will never sail through in the south east. If they like let them keep investing. Who are we to reject such a good offer. That's if this is not another lie from Lai's cohorts.

Smartademu:

Yes, Which of the Southeast are they talking about. I moved from Enugu to Portharcourt yesterday and it was one of the most terrible travelling experience ever. Maybe the 16bn never reach there, its still on the way.

Seems u didn't see 35% work done, with end of 2019 completion date ba?


If I may ask, did u notice any sort of construction, going on, at any point of ur journey?

Brains1990:
Those motherfvckers did nt vote 4 buhari, bt they want to benefit his administration. Fvck IPOB.

Try to read...the loan was collected on the behalf of the entire Federation and every region would be responsible for the repayment , so the government is not doing the South East a favor

I travelled through Enugu to Onitsha yesterday on the Expressway and truly very huge stone signs with the inscription SUKUK inscribed on them were conspicuously displayed all over the length and breath of the road undergoing construction.

I am baffled by this Governments brazen and insensitive approach towards forcing a people with different values and religion to "taunt" them that by showing that the road in their region is being financed by Islamic bond.

For over 50 years and still counting, all roads, projects and indeed all governments in the entire North have/are financed by oil from the South. I have never seen on any Federal or state road the acknowledgement of the project being financed by proceeds of Oil from the South South or indeed by Oil from the Christian South.

Why then are we assailed by all these signs affirming that a Federal road is being financed by Islamic bond?

The amount of bigotry and ethnic-ridden posts I see here horrify me.
Why can't these people just open their conscience and be normal?

I thought this NL people normally block threads that are lies...?

Why do they normally leave fake news in SE to confuse the public.

Can the OP post the images of the roads being constructed?

So we have heard that the 2nd Niger bridge is under construction...even when nothing is going on there.

The pic below is a section on the Onitsha to Enugu Federal road.

I challenge the One Nigeria supporters to post any FG road linking two state capitals, with shortest distant as is this road.

You people should stop slamming the SE youths...The Eastern people are being humuliated and suppressed by the evil FG and the best way forward is a kind of autonomy so the eastern people can take their destiny in their own hands.

anaton:
Good one for the southeast.But Buhari must go in 2019.

which good one for south-east? for the past 10yrs they 've being using enugu-onitsha road to play politics, 2019 election is near, so this is just election propanganda, pls don't be excited. if u cross-check 2018 federal budget allocations to the south-east in comparison to other regions, you 'll understand me more. they 're deceiving themselves.

Are u the only one in South east, the question is.... Is there massive work going on the roads mentioned? The answer is big YES

bugidon:
This southeast wey I dey abi another southeast?. Spirit of lie mohammad don enter all apc members