The second Nigeria bridge is a 1.6 kilometer bridge costing 414 billion naira (roughly $1.09 billion USD) according to Housing Minister Babatunde Fashola. But in 2013, the Lagos State government completed the 1.4 kilometer Ikoyi - Lekki link bridge for only $29 billion naira ($190 million USD at the time). How can the second Niger bridge cost 10x as much, despite being only 0.2 kilometers longer?

This suggests an almost eyewatering level of graft and corruption in either the Buhari or Goodluck Jonathan administrations. The Nigerian government is clearly not serious about fixing the country. It's either a revolution in 2023 or your children's children will suffer under this oppression.

Links:

https://nairametrics.com/2020/11/23/fg-says-second-niger-bridge-will-be-completed-in-2022-project-to-cost-n414-billion/

https://ab-tc.com/the-lekki-ikoyi-link-bridge-construction-pictures/

hope you are in your right frame of mind... check the figures very well... why are people just myopic!

qwertyboss:
hope you are in your right frame of mind...
check the figures very well...
why are people just myopic!

The Ikoyi Link Bridge cost only 29 billion for 1.4 kilometers while Second Nigeria is 414 billion for just 1.6 kilometers. The contractor (Julius Berger) is the same. The only explanation for this difference is massive corruption in both the Buhari and Johnathan administrations.

Put this on the front page. It seems like we don't have an investigative media in Nigeria.

Even the Lagos bridge is inflated talk less of the one that's costlier in Onitsha.

So you now know that your lord and saviour Buhari is also corrupt. are they no longer paying you?

Aconomist:


The Ikoyi Link Bridge cost only 29 billion for 1.4 kilometers while Second Nigeria is 414 billion for just 1.6 kilometers. The contractor (Julius Berger) is the same. The only explanation for this difference is massive corruption in both the Buhari and Johnathan administrations.

Don't be like this.

You talk about massive corruption when you clearly have little understanding of construction.
Construction is different from economics.

First, when a bill of work is being prepared, the rate used for an item in lagos cannot be same as that of the one in Onitsha.

Secondly, the site condition cannot be the same and it will influence the costing

Third, the specification of materials e.g the concrete grade would be different considering the span of the bridge.

Now talking about the Jonathan-Buhari "corruption"
If Jonathan and his gang of thieves (hoping for a second tenure to loot us dry) have approved and consented to an agreement, do you think Buhari and his government can just call for a contract review and begin to slash prices? Who would agree to continue the project?

The part you also do not understand is that, if 414 billion is awarded, it doesn't mean the company will be paid that full amount.
The bill of quantities where that amount is derived is usually based on assumptions or rather estimates.

There's usually a site measurement again and the contractor would be paid only for the job that's physically measured while the balance is returned to the government.

Officialgarri:

Don't be like this.

You talk about massive corruption when you clearly have little understanding of construction.
Construction is different from economics.

29 billion naira vs 414 billion naira -- you are really trying to justify this? I often call Nigerians monkeys, but even I didn't think it was this serious.

Officialgarri:

Don't be like this.

You talk about massive corruption when you clearly have little understanding of construction.
Construction is different from economics.

First, when a bill of work is being prepared, the rate used for an item in lagos cannot be same as that of the one in Onitsha.

Secondly, the site condition cannot be the same and it will influence the costing

Third, the specification of materials e.g the concrete grade would be different considering the span of the bridge.

The terrain is basically the same and the contractor is the same, which means the materials are the same. There is no grade of concrete that costs 10x as much. Is the bridge using solid gold rebar?

Aconomist:
The terrain is basically the same and the contractor is the same, which means the materials are the same. There is no grade of concrete that costs 10x as much. Is the bridge using solid gold rebar?

Tell me if you are economist, a blogger or a construction expert and I'll know if you can understand me or not
Because I still don't understand how you can tell me terrain is same.
You probably made that assumption because you feel, "well, they all passed over water" so it's same terrain

Fact, it is bloated. Way to expensive. Just like the rail project and the airport project. Until the judiciary and police really work and restructuring takes place this kind of day light robbery with the backing of the legislative arm will continue