Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,155,511 members, 7,826,936 topics. Date: Monday, 13 May 2024 at 11:46 PM

China To Provide 85% Funding For $2.8 Billion AKK Gas Pipeline Project - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / China To Provide 85% Funding For $2.8 Billion AKK Gas Pipeline Project (8442 Views)

$6.8 Billion Overdue Forward Payment Responsible For Naira’s Decline - Wale Edun / Innoson Speaks On How GTB Is Owing Him 8 Billion And Refused To Pay (video) / Nestoil To Complete OB3 Gas Pipeline To East By March 2019 (2) (3) (4)

(1) (2) (3) (Reply)

Re: China To Provide 85% Funding For $2.8 Billion AKK Gas Pipeline Project by Caseless: 6:24pm On Sep 04, 2018
lazinny:
China slowly entrapping African countries.

Why is Africa so naive. cry
provide an alternative, or keep quiet. What has the west done for us?
Re: China To Provide 85% Funding For $2.8 Billion AKK Gas Pipeline Project by Str8talk21: 11:39pm On Sep 04, 2018
The Calculated Underdevelopment of the SouthSouth and SouthEast Regions by President Buhari's APC Government.

One clear observation since the inception of this nepotic and ethnocentric APC Govt led by King of the North is the way over concentration of projects with foreign borrowed loans in the North( Hausa-fulani land) and in the West (Yoruba land), neglecting d South east and south South regions where there are over concentration of skilled manpower with the oil resources that is the life blood of this 'Shit hole' country.

Not forgetting over 90% of borrowed loans are. being funneled to projects in the Northwestern region of Nigeria while virtually all foreign Aids goes to NorthEast region leaving the rest of the regions to squabble over leftovers.

And some one will tell me President Gen(rtd) Muhammadu Buhari is not corrupt. Can we easily forget the oil supply arrangements with Niger Republic to Oil Refinery in Katsina State to be built with money from the oil coning out of Niger Delta?

Or is the railway line between Daura, Katsina State, Nigeria and Maradi, Niger Republic? Neglecting economically viable states in the Southern and eastern regions of Nigeria.

Not forgetting the series of railway lines to be built transversing Southwest states and Northwest states with money borrowed from China and to be repaid back with oil money from Niger Delta.

The Ajaokuta-Kaduna-Kano(AKK) Gas Pipeline Project to benefit the North Western region to revamp their industrial economy which will cost the nation $2.8b further plunging the country into avoidable and inexplicable debt that will further enslave us to China.

Is it the ports in SouthSouth and SouthEast that has been left to be redundant for lizards and cobwebs to take over which would have ease the Lagos port and also enhance economic and commercial activities in those regions. But, funds and infrastructures are being invested in the over-congested Lagos port.

And some non-performing governors in the SouthWestern will adduced their presumed good performance as evidence of good service delivery, oblivious of the over concentration of port activities which has given way to other auxiliary services that has been latched upon by residents within that region.

Now, can someone tell me what money has been borrowed either local or foreign by this APC government to revamp the economy of the SouthSouth and SouthEast regions who have the human resource capital to bring about genuine development?

The answer will obviously be in the negative. But, these regions are the regions especially the Niger Delta region that feeds this nation and at the same time their lands are left devastated, in ruins due to oil exploration activities by IOCs and government's security agencies crude and barbaric way of demobilizing presumed illegal oil refineries.

This would have been left to service other energy demands within their locality or even receive government support to indigenization of the petroleum refinery sector thereby reducing over dependence on imported refined petroleum products.

Are we saying the illegal mining of minerals in the North being carried out by people of their extraction, are they facing such acrimonious treated from the security agencies as it is being felt in the Niger Delta's presumed 'illegal' oil refinery?

A pertinent question begging for answers is how can someone from a different land come to land and tell me I don't have the right to make use of the resources found within my own land?

So what are the people of the Niger Delta getting from this contraption called Nigeria?

Certainly, there is a calculated clandestine mission by this disjunctive administration in conjunction with Southwest political cohorts to underdeveloped the South East and South South regions and some areas in the Middle-Belt region.

And true as we all know, the natural free born back stabbers and betrayers from the Southwest region of this country are obviously keeping mum.

As anybody asked what has Jonathan brought to Niger Delta when he was President between 2010 -2015?

Let the truth be told, President Muhammadu Buhari has plunged Nigeria into a humongous debt burden that only God can help us to exit from after exiting from it during the tenure of former President Olusegun Obasanjo (1999 - 2007).

While we watch with bathed eyes lashes the injustice being meted to the people of Southeast and South south regions in conjunction with the Southwest power block, it is clear to note, that the history of disintegration of this country into the world's poverty capital will not be complete if the Southwestern and Northwestern power blocks who over seared this transition are not mentioned.

We Wish to remind the likes of Rotimi Amechi, Dr.Ngige, Dr.Ogbonnaya Onu, Mr. Ibe Ikachukwu, Godwin Emefele and others of Southern and Southeastern extraction of their irrelevance in the government of this Hausa-Fulani runned APC government, as they are just used as mere pawns in this game of calculated Isolation of the SouthSouth and SouthEast regions being played by Gen.(Rtd) Muhammadu Buhari.

___Community SDP

(1) (2) (3) (Reply)

How To Get Your Nairaland Account Blocked: / Paypal Nigeria 2019: Create Paypal Account That Sends And Receive Money In Niger / How I&E Forex Window Buoyed Naira Stability With $50bn Inflows

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 22
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.