Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,153,157 members, 7,818,507 topics. Date: Sunday, 05 May 2024 at 05:33 PM |
Nairaland Forum / Nairaland / General / Travel / Railway Stories Government Won’t Tell Nigerians (27981 Views)
4 Truths Travel Agencies In Nigeria Won’t Tell You / Disasters Are Waiting To Occur On Railway Tracks In Lagos (PHOTOS) / New Lagos-Ibadan Railway: Rail Track Laying Commences (Photo) (2) (3) (4)
Re: Railway Stories Government Won’t Tell Nigerians by tallerSSS: 7:54am On Dec 16, 2019 |
I have less than 5minutes to be at my work place . no time to read these long sermon.. |
Re: Railway Stories Government Won’t Tell Nigerians by helinues: 7:56am On Dec 16, 2019 |
anonimi: And you that have read all ( even though Na lie) can't summarise the epistles.. 1 Like 1 Share |
Re: Railway Stories Government Won’t Tell Nigerians by SoNature(m): 7:59am On Dec 16, 2019 |
If we don't begin to like this country, we will keep fooling ourselves. How can the train management not know how much it generates every month? Now, they are not paying back the loan borrowed to construct the track and procure the train. Instead, the government is adding more money to take care of overheads. Nigeria appears to me like a country that is destined to fail no matter who the leader is. 5 Likes |
Re: Railway Stories Government Won’t Tell Nigerians by Nobody: 8:01am On Dec 16, 2019 |
ednut1:One day china would just take over everything shikena! |
Re: Railway Stories Government Won’t Tell Nigerians by GAZZUZZ(m): 8:02am On Dec 16, 2019 |
KEVIND: Next level 1 Like 1 Share |
Re: Railway Stories Government Won’t Tell Nigerians by tiziano(m): 8:02am On Dec 16, 2019 |
Too long |
Re: Railway Stories Government Won’t Tell Nigerians by ednut1(m): 8:04am On Dec 16, 2019 |
kattytamer:and chinese no fit do debt forgiveness lai lai 1 Like |
Re: Railway Stories Government Won’t Tell Nigerians by colestephan86: 8:08am On Dec 16, 2019 |
dre11:If truly the rail road is being sponsored by the Chinese government, then they should run it for some years so as to get their funds back, and I believe freight will pay all the bills. |
Re: Railway Stories Government Won’t Tell Nigerians by Jimi24: 8:09am On Dec 16, 2019 |
solmusdesigns: Unfortunately most of them are young people so the visionlessness is worrisome |
Re: Railway Stories Government Won’t Tell Nigerians by dike0007(m): 8:31am On Dec 16, 2019 |
comfort zone |
Re: Railway Stories Government Won’t Tell Nigerians by samsard(m): 8:34am On Dec 16, 2019 |
Jimi24:I would never endorse nuclear power for Nigeria, we're absolutely not mature for it. Have you seen the simplest infrastructures we've raised? Seriously, endorsing nuclear power for Nigeria is nauseating wokeness, the West is gradually decommissioning those time bombs. 2 Likes |
Re: Railway Stories Government Won’t Tell Nigerians by seankafor(m): 8:39am On Dec 16, 2019 |
solmusdesigns:but they want miracle out of blue moon. Foolish bunch of nincompoops 2 Likes |
Re: Railway Stories Government Won’t Tell Nigerians by Osidazz19: 8:39am On Dec 16, 2019 |
Seriously unrealistic analysis. Most of these types of projects around the world are not profitable. They are mostly subsidized bu the govt, the London train systems, the Marta train systems in Atlanta are not profitable and they have been in existence for years. Regarding cost overruns, this is also very normal. I remember the Los Angeles's underground system has been under construction for decades and the cost has gone through the roof. Mistakes are bound to be made.in such huge projects and it's ok to point them out but to expect the system to start making profit anytime soon is day dreaming. The best they can do is too make as much as possible from their operations and allow the govt to subsidize the rest. If you think Emirates and Dubai train are profitable operations then you are living in lala land. Emirates is heavily subsidized by the UAE govt, that's why Delta stopped flying to Dubai because they can't compete. Nigerians needs to have a mindset of paying way more taxes to subsidize these kinds of facilities if they truly want to live like those in the western world. 3 Likes |
Re: Railway Stories Government Won’t Tell Nigerians by yusluvad(m): 8:42am On Dec 16, 2019 |
Nawa o |
Re: Railway Stories Government Won’t Tell Nigerians by justli: 8:44am On Dec 16, 2019 |
The question is: how do we repay the loan borrowed.. You can see govt isn't capable of running a profitable railway system. Eventually the trains would start breaking down down and money generated wouldn't be enough to buy another one That would take us to square one, only this time worse because now we have a huge loan with an accelerating interest on our neck. Add to it the fact that we are already $44 billion in debt and the govt is seriously pushing for more loan with a senate that licks after the ass of the president. Any discerning person knows we are in trouble. What we await now is for another major drop in oil price, then we'll see the other side of China 2 Likes |
Re: Railway Stories Government Won’t Tell Nigerians by koladebrainiac(m): 8:59am On Dec 16, 2019 |
atleast this govt dey start from somewhere |
Re: Railway Stories Government Won’t Tell Nigerians by Reference(m): 9:02am On Dec 16, 2019 |
Another drain pipe, another graft conduit, yet another project that is entirely beyond the mental capacity of the Nigerian. 1 Like |
Re: Railway Stories Government Won’t Tell Nigerians by Victorex001(m): 9:08am On Dec 16, 2019 |
They problem is good services, Nigeria and no sane person in the world would complain for good services. Provide good services and people would gladly pay. All these subsidy propaganda are bullshit! |
Re: Railway Stories Government Won’t Tell Nigerians by Reference(m): 9:09am On Dec 16, 2019 |
colestephan86: Better idea. As far as I am concerned the NRC will just becone anorher NNPC and the rail system will eventually becone like the petroleum production system, an oasis of corruption, nepotism and racketeering. Very soon the Chinese will be bounced and phantom contracts given to so called 'friends of government' to maintain rail lines and rolling stock. Yet another cash cow. The best model will have been a BOT system to not only enable them ROI asap but also to tech transfer and create a proper structure and work ethic before handing over to the dreaded blackest of black men. |
Re: Railway Stories Government Won’t Tell Nigerians by mu2sa2: 9:16am On Dec 16, 2019 |
Jimi24:Seriously i think some people need to have their heads examined. There's no rail - complaints. Now, world class rail services are being provided - still complaints. Imagine, some selfish people are even saying the thing should be handed over to them to run to make outrageous profit at the expense of the ordinary people - thieves, they should go and build their own rail if they are truly private sector! |
Re: Railway Stories Government Won’t Tell Nigerians by nedekid: 9:16am On Dec 16, 2019 |
SoNature:Its only in Nigeria you will bring things that have worked in other countries successfully you will see k leg. Once you have morons, eg Ameachi, civil servants that have never worked in the private sector, people that are government pikin ie people that entered civil service from a young age eg Soldiers, politicians, civil servants that government paid them salaries, bought upto their pants. Such people do not understand the basis of any business ie you have 10k today and turn it to 15k tomorrow. Theirs is just to chop and squander. They will build train tracks to unviable places for political and personal gains whereas the proper person eg Peter Obi will consider the viable routes first because he knows he has to generate profit to pay the Chinese loans first! Now we are back to incompetence by this regime. Trains are making losses and government has to pay their salaries and maintainance. Haba, who will service the loans? 1 Like |
Re: Railway Stories Government Won’t Tell Nigerians by voltron14: 9:19am On Dec 16, 2019 |
snipesdam: It will be privatized eventually. |
Re: Railway Stories Government Won’t Tell Nigerians by DisGuy: 9:35am On Dec 16, 2019 |
What sort of expert expect the rail to be profitable within 3 years? A diesel power rail that's not running fully yet smh |
Re: Railway Stories Government Won’t Tell Nigerians by Nobody: 9:36am On Dec 16, 2019 |
KEVIND: They had to come up with that policy because it was being turned into a hookup zone by prostitutes. |
Re: Railway Stories Government Won’t Tell Nigerians by wink2015(m): 9:47am On Dec 16, 2019 |
Story that touch. |
Re: Railway Stories Government Won’t Tell Nigerians by wman(m): 9:48am On Dec 16, 2019 |
I really enjoyed reading this post. Well-researched and they interviewed various stakeholders. This is a relevant piece that will affect us and our generations to come. Great journalism by The Guardian! |
Re: Railway Stories Government Won’t Tell Nigerians by Agboriotejoye(m): 9:51am On Dec 16, 2019 |
Is it dat there was no cost-benefit analysis when the rails were being built? Even ordinary people who build houses for rent do the cost analysis. It seems as if the whole idea of the rails then was just a political gimmick and not a well thought out economic plan 3 Likes |
Re: Railway Stories Government Won’t Tell Nigerians by Agboriotejoye(m): 9:59am On Dec 16, 2019 |
mu2sa2:You need to change ur sense of reasoning. If Henry ford thought like dis, the world would still be driving the T-model. There's nothing wrong with pointing out perceived weaknesses in a system, it's too makes it better as no system can be entirely perfect. If you're averse to criticism, then you're averse to growth as well 1 Like |
Arik Makes Emergency Landing As Woman Delivers On-board / Loaded Fuel Tanker Falls In Lekki (Photo) / Father Hosea Jatau Titus Dies In Accident (Photos)
(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. 42 |