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FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line - Politics (3) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line (19068 Views)

Amaechi: $5.3 Billion Chinese Loan Delaying Ibadan-Kano Railway Construction / FG Commences Ibadan-Kano Railway Project (Photos) / Buhari Approves ₦123 Bilion For Ibadan-Kano Rail (2) (3) (4)

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Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Originality007: 9:32pm On Jan 09, 2021
Kapeter:
Shey it sha will pass Ondo state? If not thunder fire Bubu and Amaechi.


It must pass Ondo, Akure to b precise otherwise Sonpana go strike both Bubu and Amechi

2 Likes

Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Aconomist: 9:33pm On Jan 09, 2021
leisuretym:
No no no, all rails should stopped in Abuja, don't bring fulanis here

We prefer Ibadan - Abuja instead ,
The rail will be used to import core Fulanis into the SW.
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Aconomist: 9:33pm On Jan 09, 2021
Why don't they build Calabar to Lagos before linking Lagos with Kano?

2 Likes

Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by ajimotoke(m): 9:34pm On Jan 09, 2021
H
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by PARADIZEPRIEST: 9:34pm On Jan 09, 2021
this govt is cursed and condemned,wwht goid is this loan for railway? for secure tripping?

1 Like

Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by PARADIZEPRIEST: 9:35pm On Jan 09, 2021
this govt is cursed and condemned,wwht good is this loan for railway? for secure tripping?
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Aconomist: 9:36pm On Jan 09, 2021
gurunlocker:
How much has this administration borrowed since 2015?



Are they not generating at all? Or everything is used in paying salaries?
Around 70% of the budget is used to pay salaries. The house of reps and senators alone swallow 30% of government revenue. They enjoy salaries of 13 million naira per month.
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by LordErrk: 9:36pm On Jan 09, 2021
5.3bn dollars should build all the rail lines we need in Nigeria
Bunch of robbers

3 Likes

Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Sobasojek: 9:37pm On Jan 09, 2021
Aconomist:
Why don't they build Calabar to Lagos before linking Lagos with Kano?
Lagos to Kano is more important because of transportation of goods through cargo rail than Lagos to calabar. It’s not even up for debate

What would Lagos gain from calabar from Lagos to calabar rail?

1 Like

Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Aconomist: 9:42pm On Jan 09, 2021
Sobasojek:

Lagos to Kano is more important because of transportation of goods through cargo rail than Lagos to calabar. It’s not even up for debate

What would Lagos gain from calabar from Lagos to calabar rail?
You will gain more Igbos. cool

1 Like

Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Help2020: 9:44pm On Jan 09, 2021
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Aconomist: 9:44pm On Jan 09, 2021
Sobasojek:

Lagos to Kano is more important because of transportation of goods through cargo rail than Lagos to calabar. It’s not even up for debate

What would Lagos gain from calabar from Lagos to calabar rail?
But in seriousness. The coastal rail is more important.

The design goes straight through Lekki, which will allow evacuation of goods from the Lekki Free trade zone, Dangote refinery, and new Lekki port. It also goes through the major cities like Benin, Port Harcourt, etc to transport Cargo.

Right now the Lagos government is building a lot of infrastructure in Lekki that will be basically useless without at least partial completion of the coastal rail.
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Akudaisi: 9:47pm On Jan 09, 2021
I don dey learn Chinese,ni hao na hello,I won get job fast fast once dey take over even if na translator eh no go bad
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Aconomist: 9:47pm On Jan 09, 2021
Akudaisi:
I don dey learn Chinese,ni hao na hello,I won get job fast fast once dey take over even if na translator eh no go bad
The jobs will go to Chinese. They don't like blacks

1 Like

Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by samdunzo: 9:49pm On Jan 09, 2021
NRC should be made a quasi- federal organization. That way, private investors can build and help manage rail lines. Cuz I don't see how the FG can pay all these loans
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by SATANNIST: 9:49pm On Jan 09, 2021
modern slave trade
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by samdunzo: 9:51pm On Jan 09, 2021
Aconomist:
Why don't they build Calabar to Lagos before linking Lagos with Kano?

The funny thing is that line can be constructed with funds from Lagos state alone. But then, linking up the SE SW and SS/ND would mean improving the economy of the South while leaving that of the North. So, it wont be built for a while

1 Like

Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by chloride6: 9:52pm On Jan 09, 2021
Omo,

Sho ni cc,

Cash out

Cash app
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Reference(m): 9:53pm On Jan 09, 2021
Five billion dollars to Kano. You can imagine how much the fares will be by the time it is completed. A ticket to Kano will probably be going for N100,000.
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Nobody: 9:54pm On Jan 09, 2021
Why is it that that mannabarbeque idiot won't comment on these kinda posts?
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by pquaver(m): 9:55pm On Jan 09, 2021
NofiuFade:

https://www.vanguardngr.com/2021/01/fg-awaits-5-3bn-chinese-loan-for-ibadan-kano-rail-line/

Wailers should please show us the railway from ibadan to kano at 95% completed by Jonathan.. If Buhari do the railway now from start to finish you will come here to tell us is Jonathan project
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Judybash93(m): 9:56pm On Jan 09, 2021
Our leaders lack foresight and I'm not surprised at the way they're running the country. By taking a good look at the current climatic changes occurring around the world, most continents will suffer deeply because their major cities lie close to the ocean and no country will suffer more than China because their major cities are located very close to the ocean. These cities are also drainage basins which will be under water if the current trend doesn't stop. Africa and South America on the other hand aren't going to be affected to a greater extent because when Pangaea divided into what we know as South America and Africa, this created huge edges that may deter the effects of a rising Ocean level. That cannot be said about Asia because a number of their countries developed a around river basins which are also very low lands. Countries like Bangladesh will be under water because it's basically in a very lowland. Beijing, Shanghai, Hong Kong, Guangzhou, Tianjin and a whole lot are going to be under water if the current trends continue.. I think the Chinese know this and they're using style to give loans to African countries so that they'll have territories to claim when sh*t start to get real. Our leaders don't know this, they aren't looking into the future and that's why we'll be at the receiving end of this nonsense. Africa is blessed with natural defenses and resources. The humans residing within are the major source of her problem.

2 Likes

Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Nobody: 9:58pm On Jan 09, 2021
Each Nigerian own the Chinese around 26.5 usd that is around 10,502.89 naira, that is minus interest
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Tareq1105: 10:01pm On Jan 09, 2021
Saao:
What's wrong with them? Upon all the warning about Chinese loans? Buhari will mortgage this country before leaving power.

Ameachi, how do you feel as Minister of Railway, that the capital city of Abuja is not connected to Lagos, the nation commercial hub?

And you are connecting Ibadan to Kano and Niger Republic. Any justification? I don't know if it makes economic sense.

1 Like

Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Odkosh: 10:01pm On Jan 09, 2021
Borrow borrow government
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by tedemite: 10:02pm On Jan 09, 2021
Hmm �, coastal railway from Lagos to Calabar is now under the carpet.
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Charly68: 10:02pm On Jan 09, 2021
This one na good loan..

1 Like

Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Nobody: 10:02pm On Jan 09, 2021
NofiuFade:

https://www.vanguardngr.com/2021/01/fg-awaits-5-3bn-chinese-loan-for-ibadan-kano-rail-line/

Hmmm. The Lizard of Ubima himself.

Amaechi would've become the wealthiest black man alive by the time he's through selling Nigeria to the Chinese tongue
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by CSTRR: 10:03pm On Jan 09, 2021
iamJ:
cheesy these loans aren't direct cash

But make una wail grin
But you will pay back in raw cash.
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Oluwaleinad14(m): 10:03pm On Jan 09, 2021
Another loan from chinko Make dem kuku sell this country to them already. Nonsense and APC Govt.
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Dollanaira: 10:04pm On Jan 09, 2021
Really
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Aconomist: 10:04pm On Jan 09, 2021
Tareq1105:


Ameachi, how do you feel as Minister of Railway, that the capital city of Abuja is not connected to Lagos, the nation commercial hub?

And you are connecting Ibadan to Kano and Niger Republic. Any justification? I don't know if it makes economic sense.
The Lagos to Ibadan rail is already complete and the Kano to Abuja rail is already complete. This new rail will link Lagos to Kano.

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