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REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B (834 Views)

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REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by three: 5:32am On Jan 04, 2019
Apparently the Blue and Red Line Rail Contract costs $181m (RMB 1.256B) as reported by the Chinese Contractor.

This same project has been touted as costing $1.25B to $1.45B.

1 Like

Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by Nnemuka(f): 5:36am On Jan 04, 2019
Keep calm angry
Be patient, endure the looting till 2023 when the Messiah from south west will come to rescue you people. grin grin
Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by helinues: 5:41am On Jan 04, 2019
It is not possible jor

Are they saying the company is still charging same amount since 2010.

$181 m to $1.2bn ... Make Una dey lie small small now
Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by RevenGeMission: 6:31am On Jan 04, 2019
Wait. Isn't that guy one of the ijiot PDP supporters?
Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by engreddy(m): 6:55am On Jan 04, 2019
That's a big fat line. You cannot build such a rail line with $181m. Using $1 to 364nara conversion, $181m is about 65.8b naira, which is impossible for a project of that magnitude.
Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by aolawale025: 7:07am On Jan 04, 2019
engreddy:
That's a big fat line. You cannot build such a rail line with $181m. Using $1 to 364nara conversion, $181m is about 65.8b naira, which is impossible for a project of that magnitude.

By the way, what is

Quite impossible to build it.


Wouldn't call it a lie. However the scope of the contract and compensation etc also have to be looked at

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Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by engreddy(m): 7:08am On Jan 04, 2019
aolawale025:


Wouldn't call it a lie. However the scope of the contract and compensation etc also have to be looked at

That's why I said it's impossible.
Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by engreddy(m): 7:10am On Jan 04, 2019
three:
Apparently the Blue and Red Line Rail Contract costs $181m (RMB 1.256B) as reported by the Chinese Contractor.

This same project has been touted as costing $1.25B to $1.45B.


I think it's safe to say, our people are lazy and are ready to believe anything.
Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by johnmartus(m): 7:43am On Jan 04, 2019
This document is fake.
Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by three: 10:38am On Jan 04, 2019
engreddy:
That's a big fat line. You cannot build such a rail line with $181m. Using $1 to 364nara conversion, $181m is about 65.8b naira, which is impossible for a project of that magnitude.

By the way, what is meaning of RMB? Because that's not a Nigerian currency naira and not a Chinese currency which is yaun


This is from the North-South rail line in Saudi https://www.railway-technology.com/projects/northsouthraailwayli/

A 2400km costing $3.5B. CRCC is doing a section of it

Blue Line is about 35km how should it cost $1.25B?

1 Like

Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by three: 10:43am On Jan 04, 2019
engreddy:
That's a big fat line. You cannot build such a rail line with $181m. Using $1 to 364nara conversion, $181m is about 65.8b naira, which is impossible for a project of that magnitude.

By the way, what is meaning of RMB? Because that's not a Nigerian currency naira and not a Chinese currency which is yaun


You don't know what a Renminbi is? embarassed undecided cry

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Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by Ola17: 10:47am On Jan 04, 2019
three:


You don't know what a Renminbi is? embarassed undecided cry

Make I follow you embarassed and cry for the guy.
Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by Shawnnn01: 10:48am On Jan 04, 2019
aolawale025:


Wouldn't call it a lie. However the scope of the contract and compensation etc also have to be looked at
You wouldn’t call it a lie because you chose to be deluded. Not every is as deluded as the next Igbo out there.
Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by aolawale025: 10:50am On Jan 04, 2019
This is wicked. Wicked

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Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by three: 7:23am On Jan 09, 2019
Ambode: Lagos needs Continuity...


Continuity of this?

2 Likes

Re: REVEALED: LASG Inflated Blue/Red Line Rail Contract from $181m to $1.2B by Nobody: 8:03am On Jan 09, 2019
aolawale025:
This is wicked. Wicked
Handwork of Tifnubu

1 Like

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