....just saw Money Madness patient

EliteBiz:
I don't know why, all I am seeing in this post is 10billion dollars, I can buy every nairalander a car with this money

SBG04:

Bros what part of the article was it stated that the FG pulled the contractor out in 2015? Wasn't it instead stated in the article that the previous administration simply commissioned and abandoned the project almost immediately it was commenced? Why are you trying so hard to be dubious? This is how fraudsters and criminals are born! You know inside you that it was Jonathan's government that abandoned this project long before 2015, heck you have the article to prove it! But you cleverly quoted the part of the article that tallied with the lie you were about to craft and then embellished the lie further. You're a future fraudstar, that's if you're not already one.
Please mods this guy should be banned not just for spreading false information, but for fraudulently turning information upside down in order to spread hate.

I hope that you understand about major civil engineering projects to know that what Buhari’s lie lie government is saying could not have been achieved between October when they allowed the contractor to return after over two years and April, when he made the claims.

Blue3k:
Innocent Alumonah, Federal Controller of Works in Anambra, says a part of the project work at the Second Niger Bridge linking Asaba in Delta and Onitsha in Anambra is already 44.6 per cent completed.

Mr Alumonah told the News Agency of Nigeria (NAN) on Monday that the contracting firm, Julius Berger Nig. Plc. had also accomplished about 85 piles of 914 millimeter in diameter in different axis.

“The contract was split into phases. Phases 1 to phase 3 have been successfully accomplished and we are now on early works in phase 4. Part of this early works phase 4 forms part of the main contract.

“So far, the 1.2 kilometer sand filling of the road at the Asaba end has reached the height of 2.2 meters out of the expected five meters.

“At the Onitsha end, we have done a lot of sand filling of embankments to a reasonable stage. We have done a lot of culverts as well.

“In all, we have achieved around 44.6 per cent of phase of early work stage 4,” Mr Alumonah said.

He said the contract for the early work stage four was awarded in October 2016 while work commenced in November 2017.

According to him, an advance payment of N2.166 billion was made to the contractor out of the contract sum of N14.466 billion for the early work phase four.

Alumonah said the early work stage four project had a life span of nine months starting from November 2017 to July 2018, noting that there would not be any interruption between stage four and the main contract.

He said the second Niger Bridge was no longer a political issue as President Muhammadu Buhari had demonstrated commitment to realizing the completion of the project.

“The bridge is a link road to all parts of the country not just the South East. It is not a bridge only for the southern part of the country. It is for all Nigerians,” he said.

The controller noted that the continuous maintenance of the existing Niger Bridge built in 1965 was a demonstration of the Federal Government’s commitment.

He said the stress on the existing bridge compelled the Federal Government to build a second Niger Bridge.

He said the issue of compensation of the affected people had been handled by the Federal Government to a reasonable level and had paved way for work at kilometers 23 to 31.

Mr Alumonah assured Nigerians that the main bridge would not take long to be actualised after the early stage four was completed by July.

(NAN)

Source: https://www.premiumtimesng.com/regional/ssouth-east/264479-second-niger-bridge-44-6-early-works-completed-official.html

This na normal MOU men take dey chop. Mumu nigerians dey hail ur dumb leader. Ameachi u never pay reach

APC DON COME WITH STORY

seguno2:


I hope that you understand about major civil engineering projects to know that what Buhari’s lie lie government is saying could not have been achieved between October when they allowed the contractor to return after over two years and April, when he made the claims.

Bros again please, in what part of the article was it stated that the Buhari FG removed contractors from the site in 2015 and mobilised them back in 2017? The engineer in the article you quoted said the early work stage had 4 phases. 1 to 3 had been completed before October 2016. Was any reference made to the progress of work before 2015? So please I repeat, who told you that Buhari removed contractors from the site in 2015 and mobilised them back in 2017? Where did you hear or see that one?

SBG04:

Bros again please, in what part of the article was it stated that the Buhari FG removed contractors from the site in 2015 and mobilised them back in 2017? The engineer in the article you quoted said the early work stage had 4 phases. 1 to 3 had been completed before October 2016. Was any reference made to the progress of work before 2015? So please I repeat, who told you that Buhari removed contractors from the site in 2015 and mobilised them back in 2017? Where did you hear or see that one?

I don’t like to discuss back and forth about something so clear.

Stolen:
http://www.authorityngr.com/2016/03/Outrage-as-FG-abandons-N140bn-2nd-Niger-Bridge-/

Outrage as FG abandons N140bn 2nd Niger Bridge
By Odogwu Emeka Odogwu, Chuks Collins (Awka), Isaac Ojo (Nnewi), Angela Nkwo-Akpolu (Owerri), Steve Oko (Umuahia), Chidi Asonye (Aba), Alphonsus Nweze (Onitsha) and Felix Uka (Abakaliki) On 31/03/2016 08:15:18 AM Share Outrage as FG abandons N140bn 2nd Niger Bridge
...Buhari should order Julius Berger back to site - Stakeholders

There is anger in the South East zone over the Federal Government’s abandonment of the N140 billion ($700 million) 2nd Niger Bridge.
Investigations by The AUTHORITY revealed that the contractor, Julius Berger Construction Company, stopped work on the project which is being constructed under Public Private Partnership (PPP) arrangement since April 2015.
Concerned citizens of Eastern Nigeria and other stakeholders are appealing to President Buhari to direct the construction company to resume work on the project.
After a private meeting with President Muhammadu Buhari at the Presidential Villa, Abuja on August 26, 2015, the Director
General of Infrastructure Concession Regulatory Commission (ICRC), Aminu Diko, had hinted that work on the vital bridge would be suspended.
Dikko said: “The communities around that area are clamouring that their lands have been taken and that they have not been compensated adequately. As a matter of fact, we got a letter from the Onitsha Traditional Rulers Council complaining that they have not been adequately represented in this transaction.”
As that was raging, the Edo State Governor, Adams Oshiomhole called on the former Minister of Works, Mr Mike Onolememen, to explain to Nigerians the whereabouts of the billions meant for the bridge as according to him, $700 million was drawn from the Sovereign Wealth Fund for the project.
The bridge’s contract was awarded by President Goodluck Ebele Jonathan during the second term of former Anambra State Governor Peter Obi.
Onolememen had then assured Nigerians that the project would be completed before the expiration of former President Goodluck Jonathan’s administration in 2015 as part of efforts to deliver on the campaign promises of that government.
But Jonathan lost in the election and immediately the contractor left the site.
The bridge is said to have been reflected in this 2016 Budget with hope that something tangible would be done to construct the bridge.
All the several efforts made by The AUTHORITY to speak with the management, including the Managing Director of Julius Berger Construction Company, Mr. Wolfgang Goetsch, on why work was stopped on the project, proved abortive.
Some stakeholders, however, claimed that the construction giant abandoned work immediately President Buhari took over the mantle of leadership about 10 months ago, following a presidential directive that work at the site should discontinue.
An employee of the firm (name withheld) who claimed he was recruited in April 2014 at the site of the bridge, admitted that Julius Berger had stopped work at the project site since June 2015 due to non-funding by the Federal Government.
According to him, the company only did soil texture and property evaluation before leaving the site with almost all their working equipment.
“So, if the Federal Government is ever serious about the project, let it release the money for work to start,” he said.
Comrade Casmir lzukanne, who lives close to the project site, said: “We don’t know why they stopped work and we are not happy or feel comfortable with the Federal Government, because this is the only bridge that links the South East to other parts of Nigeria and it’s economic importance to our country cannot be quantified.”
The Campaign for Democracy (CD) was emphatic on President Buhari as it called on the Federal Government to mobilise to the site of the 2nd Niger Bridge to end the marginalisation of Ndigbo.
In a statement by its National Publicity Secretary, Dede Uzor A.Uzor, CD wondered why such a national project should be abandoned and politicised.
Other stakeholders in Onitsha, Anambra State asked President Buhari to direct Julius Berger to return to site to continue the construction of the Second Niger Bridge.
The President of the Amalgamated Association of Anambra Traders (AMATAS), Chief Okwudili Ezenwankwo and the Chairman, International Society for Civil Liberties and Rule of Law (Intersociety) Nze Emeka Umeagbalasi, among others, called on Buhari to direct Julius Berger to return to site.
Ezenwanko said that he was hopeful that work would resume again at the site because he reliably gathered that the bridge was included in this year’s budget, which has just been passed by the National Assembly.
Chief Anigbata, who also said that the bridge was reflected in this year’s budget, expressed the confidence that Buhari will execute the bridge because of its strategic importance to Nigeria and Ndigbo.
He said that the Federal Government needs to put an infrastructure like the Second Niger Bridge on the ground to boost trade, commerce and agriculture.
But Umeagbalasi expressed doubt in Buhari completing the bridge, given his disposition towards the Ndigbo, saying that they are watching him closely.
He called on the Ndigbo, especially political leaders, rights activists and media practitioners to continue to mount pressure on the president so that he may have a rethink, even if he was not keen.
On their part, the apex Igbo socio-cultural organisation, Ohanaeze Ndigbo, Igbo monarchs and other stakeholders, called on the Federal Government, to as a matter of urgent national importance, resume work on the 2nd Niger Bridge.
The Coordinator of the Seven States Chairmen of Ohanaeze Youth Council (OYC), Mazi Alex Okemiri, said the suspension of work on the project stands tall among the injustices against the Ndigbo.
He said the project had become a huge fraud against Ndigbo by successive administrations in the country.
Ohanaeze said the abandonment of the project had seriously undermined and sabotaged economic activities in the South East geopolitical zone which is known for trade and commerce.
In the same vein, the Chairman of Umuahia North Traditional Rulers Council, HRH Philip Ajomiwe, called for the immediate resumption of work on the abandoned project.
He described the suspension of work on the project as “very shocking, painful and unbelievable”, considering the economic and strategic importance of the Niger Bridge to the Nigerian economy.
Similarly, the Aba Chamber of Commerce, Industry, Mines and Agriculture (ACCIMA), represented by Sir Emma Nwakpadolu, lamented the ordeals of traders as a result of the perennial traffic congestion on the existing bridge which is in very bad shape.
He said that the high cost of transporting goods from Lagos and other Western parts of the country across the Niger have led to increase in prices of goods in the South East markets.
In his reaction, former Publicity Secretary of the People’s Democratic Party (PDP) in Imo State, Mr. Enyinnaya Onuegbu, said it was regrettable that work has stopped at the project, noting that initially, people were allowing the new administration time to reappraise the projects inherited from the past administration of Dr Goodluck Jonathan.
Onuegbu condemned the action because “that project is the most important construction project in Nigeria presently, and would have provided a modern route into the South East and South-South States. And also make the movement of people from Northern Nigeria into the South very easy.”
On his part, Hon. Henry Onwukwe, a PDP Caretaker Committee member in Imo State, said it is a very sad development and total confirmation of the marginalisation of the South East by President Buhari’s administration.
According to him, it goes to confirm that the Federal Government has adopted a deliberate policy to make sure that the Igbos don’t count in Nigeria, saying everybody knows that the second Niger Bridge would increase the economic activities of the Igbo Nation when completed, but because of President Buhari’s policy to keep down the Igbos, the bridge has been abandoned.
To the Chief Executive Officer of Goodwill Electrical Construction Company Limited, Chief Neighbour Onwukaike, it is not proper that the bridge was abandoned, for whatever reason, considering its vital importance to the people of the South East geopolitical zone.
He described it as one of the most unfortunate lot of the South East people of the country over the years, just as it has been seen as one of those strategies of depriving them of the dividends of democracy.
Mr. Eze Ananaba, who is the Chief Executive Officer of J. Anderson Construction Company Limited based in Aba, expressed doubt the correct contents of the contract awarded for the construction of the additional bridge which became imperative, owing to the old age of the first bridge built decades ago.
The businessman asked the relevant government agencies to make sure the contractors are brought back to site since as he noted, a lot of money has already been pumped into that project which he described as very strategic to the people of the South East and, indeed, their economies.
Contributing, Chief Henry Ikoh, the Abia State Commissioner for Science, Technology and Industry, posited that the abandonment of the 2nd Niger Bridge project is worrisome to both the people of the South-South and South East geopolitical zones, who are mainly into trade, commerce and industry.
The commissioner, who is also an industrialist of repute, stated that he would not say that the President Goodluck Jonathan administration did not do well in initiating the second Niger Bridge but faulted government for not doing the needed follow up that should have ensured its early completion.
For the Vice Chairman, Ebonyi State Traditional Rulers Council, HRH, Eze Romanus Iyioku, the abandoned 2nd Niger Bridge amounts to insult on the deep feeling of Igbos, should the Federal Government stop work on the Bridge.
He explained that the bridge would not only serve the interest of the South East geopolitical zone, but the economic interests of the Nigerian nation.

www.nairaland.com/attachments/3552499_images1_jpegd981a8b1fae6a56cbfd792de36a93677

www.nairaland.com/attachments/3552500_images2_jpeg8a38ef15772cafb04789a7778aff64ab

www.nairaland.com/attachments/3552501_images_jpeg68d5535b971d558f594f10a5affd0a71

Loathe him or hate him.. Nigeria have never had it so good in terms of infrastructure upgrade for the past 30 years

Sai Buhari!
Sai Osinbajo!!
Sai Baba!!!

charain:

I am tired of all these gullible and delusional people, give us the figures that the western world is splashing on you?

General Electric announced that an international consortium it leads has signed a deal for a $2 billion project to refurbish Nigeria’s narrow-gauge railway.

https://www.studentnewsdaily.com/world-current-events/world-news-3-nigerias-buhari-meets-with-trump-at-white-house/

Other countries and people see the massive opportunities and potentials that bitter, negative and unpatriotic Nigerians don't see in their own country.

That's the advantage of having a trustworthy person at the aim of affairs.. It is a privilege for Nigeria to have Buhari as President

BMZK:
That's the advantage of having a trustworthy person at the aim of affairs.. It is a privilege for Nigeria to have Buhari as President

Since when did thief and trustworthy mean the same thing ??

deomelo:

Other countries and people see the massive opportunities and potentials that bitter, negative and unpatriotic Nigerians don't see in their own country.

Quoting studentnews for such an important project shows that it is a scam like everything that Buhari and APC have said before and after 2015.

hammer6F:


U could not read and comprehend my submission u mean?

I believe i made valid points. Any Economist would understand the rational behind my submission.

So because there are no thriving seaports in the Niger Delta region, you are asserting that it is a useless venture having a standard railway connecting the coastal cities?... I'm sorry to say but no single economist can possibly agree with you on that. Anyone who has an understanding of basic developmental economics recognizes the importance of a robust transportation infrastructure as a key driver for an economic revolution.

So since we have no thriving seaports in the ND, are you also of the opinion that the East-West road which connects the coastal states is another useless project?... What exactly is this whole noise about seaport seaport seaport which pervades the air lately?... A new ideology now seems to promote seaports as the holy grail for economic activity.

obailala:
So because there are no thriving seaports in the Niger Delta region, you are asserting that it is a useless venture having a standard railway connecting the coastal cities?... I'm sorry to say but no single economist can possibly agree with you on that. Anyone who has an understanding of basic developmental economics recognizes the importance of a robust transportation infrastructure as a key driver for an economic revolution.

So since we have no thriving seaports in the ND, are you also of the opinion that the East-West road which connects the coastal states is another useless project?... What exactly is this whole noise about seaport seaport seaport which pervades the air lately?... A new ideology now seems to promote seaports as the holy grail for economic activity.

Thanks for your comment.
By the way, I thought that there are seaports in the south south already?

seguno2:


Thanks for your comment.
By the way, I thought that there are seaports in the south south already?

Of course, but except for onne, the rest are all close to the grave.

obailala:
Of course, but except for onne, the rest are all close to the grave.

Is that due to government policies or the people of the area?

seguno2:


Quoting studentnews for such an important project shows that it is a scam like everything that Buhari and APC have said before and after 2015.

General Electric announced that an international consortium it leads has signed a deal for a $2 billion project to refurbish Nigeria’s narrow-gauge railway

https://www.google.com/amp/s/guardian.ng/news/seeking-security-support-buhari-meets-trump/amp

Same news in your own Nigeria newspaper.

I know you hate your own country and everything about you says hate and bitterness, but that shouldn't deprive you of basic common sense and ability to read and comprehend.

deomelo:
Same news in your own Nigeria newspaper.

I know you hate your own country and everything about you says hate and bitterness, but that shouldn't deprive you of basic common sense and ability to read and comprehend.

I surely don’t hate my country as Buhari does.
Did Buhari not agree that we are fantastically corrupt?
Did he not say that we are criminals and the UK should not allow us in their country only for him to be going there for treatment every time?
The same Buhari who failed to defend us from Trump who called us shittyhole nation?
Your Buhari is the hater with no common sense lacking ability to read and comprehend

seguno2:


I surely don’t hate my country as Buhari does.
Did Buhari not agree that we are fantastically corrupt?
Did he not say that we are criminals and the UK should not allow us in their country only for him to be going there for treatment every time?
The same Buhari who failed to defend us from Trump who called us shittyhole nation?
Your Buhari is the hater with no common sense lacking ability to read and comprehend

It is your choice to hate the president all you want, that's your headache and I can not debate that kind of silliness with you, the issue here is your ignorance and lame disqualification of a genuine and good news about your own country and labeling the good development "A scam" just because of the source, that was just a lazy and elementary rationalization on your part.


Look here, I know you and I know your type, you hate Nigeria and everything about Nigeria, you even go out of your way to lie, peddle fake rubbish and manipulate basic info just to further your hatred, this is all you do on NL.

Hate the president all you want, but one thing you can not do is stop foreign investors from pumping their dollars into Nigeria and Nigeria progressing and developing.


You and your kind have been hating since 1960, but where are you today and how have you benefited from your hatred? You are still at square one and still hating as if it is your only portion in life.

Dodic376:
If you're smart you won't believe this news . You know what $10 Billion is ? No smart businessman can flush their money down the drain if there's no prospects of profit. What profit is there in a third world shiithole?

How did Dangote become the richest black man... by investing in a first world country?

There is profit to be made in 3rd world countries... It's just sometimes harder having to do with corruption...

Dodic376:
If you're smart you won't believe this news . You know what $10 Billion is ? No smart businessman can flush their money down the drain if there's no prospects of profit. What profit is there in a third world shiithole?

How much is $10 billion?

You are blabbing over $10 billion foreign investment as if it's some kind of invisible or untenable treasure when in fact you own countryman "Dangote" invested $15 billion here in Nigeria to build the largest single refinery in the world, largest fertilizer plant in Africa largest petrochemical plant here in Africa and the largest gas plant in Africa.

You are not smart and discounting the immense opportunity in Nigeria, the largest economy, largest market and the most populous country in Africa means you are below smart.

CilicMarin:
Shah Mathias, the Founder of Ameri Metro Inc, based in the United States, said on Monday that the company was ready to invest over $10 billion in the coastal rail project from Lagos to Calabar and Calabar to Port Harcourt.

He told journalists after paying a courtesy visit on the Minister of Transportation, Rotimi Amaechi in Abuja that the project will be fully funded by the company if approved by the federal government.

Mathias said that the company has done various rail projects in the United States, and have the resources and capacity to handle rail projects in Nigeria.

“We are here to do a presentation on the high speed rail and other sustainable projects; our goal is to build a more modern rail, which we can start as soon as possible.

“We are ready to invest 100 per cent, we have been told that the project is over $10 billion, we are going to build new rail track, bring in locomotives.

“We are looking at the Lagos-Calabar coastal line and Port Harcourt, we are ready to take it over from the Chinese company since they have not been able to raise the money.”

Mr Mathias said that the company was focuses on the development of high-speed rail for passengers and freight transportation.

(NAN)


https://www.premiumtimesng.com/business/business-news/269249-american-based-company-set-to-invest-over-10-billion-in-coastal-rail-line.html/amp?__twitter_impression=true


lalasticlala Mynd44

Why isn't anybody asking the Minister of Transportation, Rotimi Amaechi about his white elephant in Port Harcourt
https://thenationonlineng.net/abandoned-rivers-state-monorail-project/

seguno2:


Is that due to government policies or the people of the area?

State your point

obi58:


Nigerians are wiser than you and your paid masters. We all see through this cheap piece of propaganda.

When the project is completed please you can come and sing your Sai baba but until then SHARRAP THERE

e pain am

GabrielYulaw:
The line is not going to the North. So, the powers that be will probably nix it

It was SE and SS lawmakers that opposed the rail line the most when it was first proposed in 2016. That was their way of playing opposition. Later the SS lawmakers received sense and abandoned that position for the SE.
Later the SE lawmakers and public started wailing that they were not included enough in the route of Lagos-Calabar line, something they said was a bad idea and unnecessary project before.

hammer6F:
COASTAL RAILWAY LINE IS A WASTE OF MONEY AND SHOULD BE SCRAPPED


WAT NIGERIA NEED IS DIVERSIFICATION OF THE ECONOMY BY BUILDING SEAPORTS IN THE SOUTHSOUTH.



WE HAVE AN ENTIRE COASTLINE IN THE SOUTHSOUTH WITH NO SINGLE DEEP SEAPORT.


ALL CARGO COMES FROM THE VERY HANDFUL OF SEAPORT IN LAGOS.

See them with their warped thinking, the millions of people and million tons of local goods that traverse this route are less important than the foreign goods you want to bring in through the seaports.

How useful is the seaports for Lagosians who want to spend on local tourism in Calabar? Or Uyo?
How will it help to reduce road accident the way a railroad can?

The way we fight against our own interests with myopic reasoning ehn!

seguno2:


I hope that you understand about major civil engineering projects to know that what Buhari’s lie lie government is saying could not have been achieved between October when they allowed the contractor to return after over two years and April, when he made the claims.

Is it from the 15 billion naira voted for capital projects in the 2015 budget that Jonathan truly intended to continue the second Niger bridge, Abuja kaduna railroad, Lagos ibadan expressway and many other projects.

CSTR1003:

Why not wait till they do it before you start campaigning?.

Other countries campaign with commissioned projects, buhari's fanatics campaign with MOU.

Did Jonathan n others you Igbos love so much campaigned with finish project ?

Mr seguno2

This is from the article you quoted

Onolememen had then assured Nigerians that the project would be completed before the expiration of former President Goodluck Jonathan’s administration in 2015 as part of efforts to deliver on the campaign promises of that government.
But Jonathan lost in the election and immediately the contractor left the site.

But you've been straining yourself here that Buhari ordered the contractor out of site and used the money to complete projects in the north. What lies, bigotry and hatred can be worse?

This is they said trump called the junta "sir ". He has sold out. Africans will continue to be slaves of whiteman by not learning you do their things themselves.

Nigeria makes enough money to be able to invest in her land herself. Investments not for theoretical gdp that enriches the wolves but practically for the people's welfare and sustainable happiness. An economy that operates the African way is what we need.

grandstar:
This is a fantastic project but what really makes it fantastic is that it will be executed by a private company.

If they truly have deep pockets , they should by no means go ahead

Don't believe the hype: this "Ameri Metro" company has no chance whatsoever of getting its hands on $10 billion to fund railway development anywhere, let alone in a corruption-ridden country like Nigeria, which also lacks a freely convertible currency, which is averse to allowing transport projects to be run on a fully commercial basis, and which is plagued with incompetent leadership. A Google search quickly turned up this EDGAR filing indicating that the company exists primarily on paper, as it wasn't even able to successfully raise the $10 million (not billion) it was looking for back in 2012, and there is no information to suggest Ameri Metro has ever actually carried out a single railway project to completion. See how even Bloomberg has no financials for the company?

This Shah Mathias character strikes me as just another American hustler, making pie in the sky promises simply in hopes of landing the first big fish that will open the way for him to hook other clients. The odd thing is that Bloomberg is now listing the CEO as Debra A Mathias, yet Shah Mathias was listed as CEO in the EDGAR filing, and he was still claiming to be CEO as of his visit to Nigeria. Anyway, I don't blame the guy for hustling, I blame the gullible Nigerians who are quick to swallow any old rubbish as long as it's coming from a person with white skin, even though they have the internet at their fingertips to verify or disprove the claims the white person is making. That's what intellectual laziness coupled with a racial inferiority complex does to one.

CilicMarin:
Buhari Is A Failure Till 2023.

what an irony... sai Baba till the kingdom come
ipobi miscreants can go and die