The new Northern cash cow...

Vice President Yemi Osinbajo, SAN, to chair a Steering Committee tasked with setting up the company. 

If it makes sense you'll see it likely came from Osinbajo's team

Na2day!

Very good initiative. This is better than borrowing billions at relatively high interest rates. My plea to govt is to allow the private sector drive this initiative by ceding at least 51% equity of Infra-Co to them, allowing them produce the MD/CEO and some members of the management team. This model has worked elsewhere, notably NLNG where the private companies of that consortium are in charge of planning, execution and day to day management of projects, contributing their funds according to their equities and where necessary, borrowing funds using the strength of their balance sheets.

Construction Version of NNPC ..... This will be a big behemoth dedicated to nursing elephant projects ..... Hopefully not !!!!!

Jollylolly:
https://www.google.com/amp/s/punchng.com/buhari-approves-establishment-of-firm-to-tackle-infrastructure-deficit/%3famp=1

All nigerians need to sing your praises is the picture of the developed version of Nigeria on a paper. We are dumber with every passing four years, not even the educated could escape the dumbness.

Me o, I still believe in this administration, haters can go to hell and politicise the life of their innocent Nigerians by killing all in the name of herdsmen, all I know is Nigeria will be great again.
God bless Nigeria

Why was Transcorp established?

Use #150b and share the remaining as usual.
Some politicians babe go flex well this 2021.

iwaeda:


Where will the money come from?

Cbn mostly, loan from ifc ...in that case it is dead on arrival!

Jollylolly:
https://www.google.com/amp/s/punchng.com/buhari-approves-establishment-of-firm-to-tackle-infrastructure-deficit/%3famp=1

God bless Nigeria my beloved country and bless also our amiable president Muhammad Buhari

lexy2014:


If obasanjo and Atiku stole billions of dollars, has this govt done a better job of accounting for it's own billions of dollars since 2015?

The 16 audio loot was not even verified, although am not obj fan

I'm waiting to see how the EFCC will start their investigations on this committee in 3yrs time.

Jollylolly:
https://www.google.com/amp/s/punchng.com/buhari-approves-establishment-of-firm-to-tackle-infrastructure-deficit/%3famp=1

Jollylolly:
https://www.google.com/amp/s/punchng.com/buhari-approves-establishment-of-firm-to-tackle-infrastructure-deficit/%3famp=1

This is a good development. We pray all turns out well for our fatherland.

Jollylolly:
https://www.google.com/amp/s/punchng.com/buhari-approves-establishment-of-firm-to-tackle-infrastructure-deficit/%3famp=1

It is owened by Fulanis. Buhari selling Nigeria to fulani
This man definitely is not Buhari. We must find all means to check this

STORY ANOTHER ESTABLISHMENT SET UP TO STEAL MONEY 1 INFRASTRUCTURE WOULD NOT BE TIED TO THIS COMPANY JUST WATCH

Jollylolly:
https://www.google.com/amp/s/punchng.com/buhari-approves-establishment-of-firm-to-tackle-infrastructure-deficit/%3famp=1

Another avenue for useless govt officials and politicians to bleed the economy

Another avenue for boys to clean up. Bank accounts have been opened in Dubai, UK, cayman Islands for that trillion naira

No be only infra co na infra red, wat hapen to transcorp? Was it nt sopos to serve dis same purpose?

Nothing has ever come out good in Nigeria this one is not exempted.

YorubaPrince:
I can bet my left balls the company is 'owned' by one of them to siphon public funds as usual.

Is your left balls not too valuable for this

You're gold

TheRareGem1:
In case you don't read the content, Buhari Approves the Establishment of PPP styled Infrastructure Company with an Initial Seed Capital of N1trn envisaged To Grow to N15Trn Over time in Assets and Capital