chiemmanuel:
what has farm got to do with loan

chiemmanuel:
what has farm got to do with loan

Korllami007:
Dem wan use $5.3 billion do kano to ibadan railway.

Longest bridge in the world cost $1.5 billion, 500 billion naira to build.
2nd niger bridge cost $1 billion, 400 billion naira to build and it's not among top 50 longest bridge in the world.

Like someone said, the same amount Dubai is using to build infrastructures is almost the same with what Nigeria government is using to build infrastructures in Nigeria, but we can't compare both.

Corruption don kill this country.

zoedew:

Think out of the box. Every loan China gives is a seed sown soon to generate a harvest of repayments and favours called in when China needs an amplification of Chinese say on strategic issues in international fora. See my point?

realstars:
so dem no give the money again? or dem no rich agreement, or we the masses no gree, or una don loot the money?

Obasenjo (PDP) Paid all dept that Nigeria owe'.

Yaradua (PDP) sustain the growth.

Goodluck (PDP) Sustain And grow the economy, and make Nigeria nxmber one in Africa.

Buhari (APC) borrows trillions from china and only service it once, then pushed it to the next level.

Now Who will pay all this Dept,?

adenigga:


Is just like a figurative expression to explain to you that China have seen a fertile Land in our country represented by our leaders, so China will not get tired since they know what they want just like what they did & doing presently in Zambia.

Zambia can not paiy her loans, then China took over all the infrastructural facilities the Zambia used the loans for.

adenigga:

https://m.punchng.com/News/$5.3bn-Chinese-loan-delaying-Ibadan-Kano-railway-construction-Amaechi

AnthonyAk:
If Nigerian business men were so rich we should be able to fund this privately from local sources. But out wealth is only in pictures

IgboWarlord:
5.3 billion USD for a railway from Ibadan to Kano..Even if na subterranean rail..Even if the tracks will be made of solid golds encrusted with diamonds...I have found out that the amount of money used to "execute projects" is basically the same amount used in the western and more developed countries..Why the gap?

mooremoney:
The country is cursed and the men running it are evil

realstars:
so dem no give the money again? or dem no rich agreement, or we the masses no gree, or una don loot the money?

Obasenjo (PDP) Paid all dept that Nigeria owe'.

Yaradua (PDP) sustain the growth.

Goodluck (PDP) Sustain And grow the economy, and make Nigeria nxmber one in Africa.

Buhari (APC) borrows trillions from china and only service it once, then pushed it to the next level.

Now Who will pay all this Dept,?

obailala:
More than half of Nigeria's current debt owed to was borrowed under PDP.

chiemmanuel:
the only winner here is China

realstars:
Do I Hear You Well?

obailala:
Nigeria desperately needs the infrastructure and will be a major winner if our leaders manage the infrastructure properly.

Korllami007:
Dem wan use $5.3 billion do kano to ibadan railway.

[s]Longest bridge in the world cost $1.5 billion, 500 billion naira to build.[/s]
2nd niger bridge cost $1 billion, 400 billion naira to build and it's not among top 50 longest bridge in the world.

Like someone said, the same amount Dubai is using to build infrastructures is almost the same with what Nigeria government is using to build infrastructures in Nigeria, but we can't compare both.

Corruption don kill this country.

AnonymousCEO:
Wait oo, all this railway construction shey SS and SE no be part of naija again

lagdmark:
At least Ameachi is sure of his $300million for 2023 elections from the $5.3billion.

Aconomist:
Dubai built the tallest building on earth for $1.5 billion. Nigeria is building a substandard rail for $5 billion. Weep for this monkey country.