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Nairaland Forum / Nairaland / General / Politics / FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line (19066 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 Chirowman(m): 10:08pm On Jan 09, 2021 |
Wahala ooo |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Sobasojek: 10:08pm On Jan 09, 2021 |
Aconomist:What would more igbos benefit Lagos apart from fake electronics, fake spare parts, fake drugs? |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by CSTRR: 10:08pm On Jan 09, 2021 |
The lagos- calabar rail project is there languishing. What will it take to connect southern Nigeria to save lives and improve tourism? With such an express train, it would be easier for me and other Nigerians to go to obudu cattle ranch from lagos. Many igbo lives would be saved too from december accidents. 1 Like |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Sobasojek: 10:12pm On Jan 09, 2021 |
Aconomist:Youre not answering simple question. What would Lagos calabar benefit Lagos? Lagos Kano will also be connected to apapa seaport. Lagos state government is building a lot of infrastructures in lekki that will benefit Lagos state not those cities you mentioned up there At least kano would bring more agricultural produce to Lagos state unlike those cities you mentioned above |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Cousin9999: 10:15pm On Jan 09, 2021 |
So, they steal trillions of dollars a year, and then have the audacity to give "loans?" |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by DONFASZY(m): 10:16pm On Jan 09, 2021 |
I ve never seen news where Nig govt paid back china loans since i came to earth via this hopeless Nig |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Aconomist: 10:20pm On Jan 09, 2021 |
Sobasojek:I already told you, the coastal rail will allow for easy export of products from Lagos (and Lekki Free trade Zone) to southern and eastern Nigeria. It would also facilitate the import of natural commodities such as palm oil from Benin, Coal from Enugu, LNG from the delta, etc. Here is a GDP per capita map of Nigeria. Clearly a SW to SE rail would generate more economic impact. 2 Likes
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Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by omo1478(m): 10:22pm On Jan 09, 2021 |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Sobasojek: 10:23pm On Jan 09, 2021 |
Aconomist:Yes but the fact remains Lagos kano will be more important when you compare population, economy of both states, transportation of goods by rail There’s also palm oil in south west 1 Like |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by femo86(m): 10:26pm On Jan 09, 2021 |
Abeg, my chinese name is 王 李 张 i.e Cheng Zhāng Li 王 李 张 i.e Cheng Zhāng Li 王 李 张 i.e Cheng Zhāng Li 王 李 张 i.e Cheng Zhāng Li no more Femi cos I heard that the Chinese govt will beat us 600 strokes before giving us our individual names in the next years.... I don register my name already oo....I don tell una ooo 1 Like |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by vRendoh(m): 10:26pm On Jan 09, 2021 |
Make every Nigerians begin learn Chinese cos they will be coming for their monies very soon very soon Chinese names go full every corner. Don't blame yet! 1 Like |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Aconomist: 10:27pm On Jan 09, 2021 |
Sobasojek:Anyone who understands the economy of Nigeria will know that the coastal rail has a bigger impact. Simply look at the GDP per capita map of Nigeria. The East is a bigger import/export market then the North -- full stop. You are clearly a northerner who refuses to accept reason because of your biases. 1 Like
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Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by EMMY76: 10:27pm On Jan 09, 2021 |
Why not prioritize linking all the states in the south instead of linking port harcort to bokoharam infested territory I don't see the economic wisdom in this? 3 Likes |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by JERRYMAG4(m): 10:29pm On Jan 09, 2021 |
The rate at which the government is looking for 2023 Election funds, e no get part 2. 1 Like |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by calcal: 10:30pm On Jan 09, 2021 |
Zico5: You are right, that rail is gonna be a liability at the end of the day. Ibadan to Kanu when people are saying they want Odua republic .. i smell rat poison here |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Akudaisi: 10:31pm On Jan 09, 2021 |
Aconomist:that's why I choosed translator job,no matter the matter they will need one,and please they don't hate blacks it's blacks that hate themselves |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Aconomist: 10:35pm On Jan 09, 2021 |
Akudaisi:No, Chinese hate blacks more than anything. I've been to China. They see Africans as roaches. |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Brushstrokes20: 10:37pm On Jan 09, 2021 |
Useless govt of self serving thieves and sadistic Tyrant keeps plunging the shithole into Generational debt! |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Reeses: 10:38pm On Jan 09, 2021 |
Igbos are not part of this crazy chinese loans we aint paying nada!... |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by toprealman: 10:38pm On Jan 09, 2021 |
Kapeter:You are not selfish right.....smh! |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by marvin906(m): 10:39pm On Jan 09, 2021 |
LordErrk: Dude stop smoking.. 10 billion dollars can't complete even half 1 Like
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Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by winterfell007(m): 10:43pm On Jan 09, 2021 |
Aconomist: It's very evident to the blind that Lagos to Calabar railway will be more viable and economical, i guess that's where the Chinese are delaying in funding the project. This government has politized the whole thing. The Abuja-Kaduna railway is looking unviable because of the banditry ongoing along that routes, just look at the money we wasted building that almost failed project Now the AKK Gas project is another political project that is bound to fail. This northerners have completely wreck Nigeria beyond repair |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by jaxxy(m): 10:44pm On Jan 09, 2021 |
China will give loan and China will handle the rail project. |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by rossoki: 10:44pm On Jan 09, 2021 |
Zico5: You're just a loud dunce. Go and learn the value of RAILWAYS in the development of a country, and how they drastically reduce the cost of doing business, leading to economic and industrial development. The USA became the world's biggest economy on the strength of its massive investment in rail. Big mouth critic with zero thinking ability. Fool talking about ''half the money will be looted''. Which money? No money changes hands. The loan is about China funding the construction of the railway. It is a contract to build, not to hand anybody money. Olodo people. Only big mouth to criticise, yet you know nothing. 4 Likes 1 Share |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by babamoha(m): 10:47pm On Jan 09, 2021 |
Kapeter: Nope it won't pass ondo |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by rossoki: 10:52pm On Jan 09, 2021 |
winterfell007: How is the Abuja-Kaduna railway ''an almost failed project''? How is it ''looking unviable''? How is it ''money wasted''? Your problem is lack of commons sense allied to ethnic hatred. 1 Like |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by soundOsonic: 10:56pm On Jan 09, 2021 |
MyOpinion1:Hey aunty how far, how about my proposal |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by rossoki: 10:59pm On Jan 09, 2021 |
LordErrk: No it won't. That is your gross ignorance talking. Go and learn the real value of 5.3 billion dollars, cos you seem to think it is a HUGE amount of money. It's not. California - one US state - is building a railway project at the cost of 77 billion dollars. https://constructionreviewonline.com/biggest-projects/top-5-ongoing-mega-projects-in-usa/ 1 Like |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by teeshawt(m): 11:02pm On Jan 09, 2021 |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by sulaak(m): 11:09pm On Jan 09, 2021 |
Madness! Building infrastructure with foreign currency loans. |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by MOVIC6: 11:10pm On Jan 09, 2021 |
How are we going to pay back with recession infested economy, I pity the nex president. |
Re: FG Awaits $5.3 Billion Chinese Loan For Ibadan-kano Rail Line by Okoroawusa: 11:16pm On Jan 09, 2021 |
I Love PMB President Muhammadu Buhari is laying the foundation for the Nigeria of our dreams. Professor Yemi Osinbajo will continue to build on this foundation from 29th of May 2023. And so shall it be... iseeee! |
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