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FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others - Politics (2) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others (16962 Views)

FEC Approves ₦‎454 Billion For Kano-niger Republic Rail, Others / Jonathan's Government Awarded $1.96bn Kano-Niger Republic Rail Line In 2013 / Senators Disagree With Amaechi Over Nigeria-Niger Republic Rail Line, Others (2) (3) (4)

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Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by LivingTribunal: 6:00am On Sep 17, 2021
onumadu:


Punch is hereby telling Nigerians that what we have in place is not a government, but a "REGIME". lol

For the uninitiated, the term "government" is usually reserved for a lawful state organization, while "regime" is usually used to refer to a rogue government; e.g. a dictatorship or a totalitarian government. grin

And he was addressed as Major General Muhammadu Buhari (retd.)
The man is here for some bloody assignments that has been halfway fulfilled

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Aufbauh(m): 6:00am On Sep 17, 2021
The content of this news is so fake like white lies. Although it's meant for certain people to swallow and wail as usual.

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by KingDash: 6:01am On Sep 17, 2021
MARKone:
Just leave this country if you have the opportunity to.
bros no be lie.. na 2m I need like this to move.

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Equiano: 6:01am On Sep 17, 2021
Next should be a railway to Afghanistan.

2 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Doyou2019: 6:02am On Sep 17, 2021
It will be the greatest travesty in history if Buhari and his rogues go unscathed for all the hardship and bitterness they have foisted on Nigerians.

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by matm: 6:03am On Sep 17, 2021
Why not use all these loans in providing stable 24 hour electricity to Nigerians as well as making all our refineries functional.
That's what is called investments from which a lot money will be generated as revenue and for re payment of the loans.Who is even advising Mr president on continuos building of rail lines which is one of the oldest means of transportation.That adviser doesn't mean well for the president and Nigerians.How much have been generated from the ones built so far,and how much of the loans have been paid back?
Means of transportation is not a big issue to Nigerians for now.So building rail lines is a huge waste of resources from which almost nothing will be gotten for the re-payment if the loans.

5 Likes 1 Share

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Mexyz(m): 6:04am On Sep 17, 2021
What exactly are we looking for in Niger republic?
What is their economic benefits to us as a nation?
So we want to construct a direct rail line to Niger and other Northern African countries to give terrorists easy access to Nigeria, what exactly is going on in this country for God's sake?

3 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by blasterman(m): 6:07am On Sep 17, 2021
HenryThegreat1:
Buhari administration shall....
Nobody questions President of Nigeria. Very powerful when in power.

why such a docile mindset, the senate has power to impeach a preisdnet and also question this loan.

Who benefits from a rail road to Niger?
Boko Haram members come from there.

NA beggars im wan import?

2 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Lifestone(m): 6:09am On Sep 17, 2021
Mexyz:
What exactly are we looking for in Niger republic?
What is their economic benefits to us as a nation?
So we want to construct a direct rail line to Niger and other Northern African countries to give terrorists easy access to Nigeria, what exactly is going on in this country for God's sake?
We in competition with Benin Republic for the route to Sea/ ports for Niger Republic imports and Export, it's huge business
The loan should pay itself if well managed
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by fineboynl(m): 6:09am On Sep 17, 2021
Why did they block the Southern bolder if I may ask? But building rail and road to niger and chads?

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by nedekid: 6:09am On Sep 17, 2021
Lifestone:
We reason with lots of sentiment as a country. In my view, this project is all about competing for the share of trade routes to Niger Republic which is being competed for by both Nigeria and Benin Republic.
Niger Republic is land locked and will require access to Sea/Port through either Nigeria or Benin Republic. This is an economically sensible decision. The project is also significantly part of the LAKAJI corridor which was essentially designed to link Lagos to Kano to Niger Republic, that plan has been on ground before Buhari and it makes sense.


.
Oga, build the most beautiful train track lined with Christmas trees all the way to maradi to compete with Benin Republic and Niger will still use Benin.
The corruption in our ports will always make them unviable.

4 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by CXLVII: 6:10am On Sep 17, 2021
yinkus6750:
What is the essence of spending huge scarce resources on rail service to Niger?
With the high level of insecurity in the North, our porous borders give access to influx from northern neighboring countries.
Bandits, herdsmen and terrorists have taken over every area in the country.
We need to thread with caution.

Trust me!

You are not brilliant, or hate has blindfolded you
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Lifestone(m): 6:12am On Sep 17, 2021
matm:
Why not use all these loans in providing stable 24 hour electricity to Nigerians as well as making all our refineries functional.
That's what is called investments from which a lot money will be generated as revenue and for re payment of the loans.Who is even advising Mr president on continuos building of rail lines which is one of the oldest means of transportation.That adviser doesn't mean well for the president and Nigerians.How much have been generated from the ones built so far,and how much of the loans have been paid back?
Means of transportation is not a big issue to Nigerians for now.So building rail lines is a huge waste of resources from which almost nothing will be gotten for the re-payment if the loans.
Haaaa. This your argument dey scare me. We need train services urgently to facilitate commerce and ease of movement of goods especially the heavy goods. It will also reduce traffic there by improving safety and the life span of the roads. It has potential of generating huge employment for our jobless youth. So much to gain

2 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Lifestone(m): 6:15am On Sep 17, 2021
nedekid:

Oga, build the most beautiful train track lined with Christmas trees all the way to maradi to compete with Benin Republic and Niger will still use Benin.
The corruption in our ports will always make them unviable.
That's a complete different issue. Let's forget sentiment and build this nation.
Someone was even arguing that rail is not important, can you imagine!
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by od501: 6:16am On Sep 17, 2021
Deltafirstson:

https://punchng.com/fg-to-spend-4-9bn-fresh-loans-on-kano-niger-republic-rail-line-others/


This is where we miss Fela and Nnamdi Kanu. They would have been the ones to tell us what's happening. Something is really happening down there that we don't know about. I strongly believe that a Jihad is coming, please prove me wrong if you think otherwise.

3 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Hangulsaram: 6:18am On Sep 17, 2021
SmartPolician:
Buhari is only making things difficult for his successor. I want to see how Nigeria will offset all these alarming loans.
It’s better the money ended in politicians pocket than buildling a rail to another country what for? When many roads in the south East, south west and south south are nothing to write home about. Meanwhile they will be the one paying back the loan. What kind of government do we have in this era?

1 Like 1 Share

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by EndBuhariNow(m): 6:23am On Sep 17, 2021
As usual they will borrow from China to finance a project that don't have any economy value... and at the end.. South will pay back the loans with their bloods


Don't know why some people never tire of this docile slowpoke in Aso Rock

3 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Ynix(m): 6:24am On Sep 17, 2021
Lifestone:
We reason with lots of sentiment as a country. In my view, this project is all about competing for the share of trade routes to Niger Republic which is being competed for by both Nigeria and Benin Republic.
Niger Republic is land locked and will require access to Sea/Port through either Nigeria or Benin Republic. This is an economically sensible decision. The project is also significantly part of the LAKAJI corridor which was essentially designed to link Lagos to Kano to Niger Republic, that plan has been on ground before Buhari and it makes sense.
That project will certainly pay for itself given the success of Abuja - Kaduna and Lagos - Ibadan experience.
Why should it be debt that is used to service it when advanced economies use equities

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by permit(m): 6:25am On Sep 17, 2021
What's the Economical value of this rail linkage from Niger to Nigeria any body with a better idea


Some morons in this forum think everyone is stupid.

Wake up because another amalgamation is loading...... It's either directly or indirectly grin grin

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by CrazyCrane: 6:27am On Sep 17, 2021
Regime not government undecided
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by nedekid: 6:31am On Sep 17, 2021
Lifestone:

That's a complete different issue. Let's forget sentiment and build this nation.
Someone was even arguing that rail is not important, can you imagine!
Bros, I assume you own a business.
When business is very low and not moving. Possibly sales is down 60-70%. Is it wise to the approach your bank to take a loan to build an extension to your office building? To buy new fleet of company cars? To furnish your office?
So by the time your company is comming of of recession and sales improves you then have massive debt to contend with.
On the other hand, you cut down your expenses during poor sales, manage yourself and when business improves and sales goes up, you come out debt free. Loans can then(if necessary) be taken to fund stock or finance infrastructure.
See, this country is being ran aground daily, it is said we are using over 80% of our income to service debt, don't you understand this? Yet we want more loans to drive it to 100%. Haba, at this rate you are looking at $ hitting ₦1k soon.

3 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Babandia27: 6:32am On Sep 17, 2021
It is now I confirm that Buhari is from Niger.
Come to think of it; what are the economic important of this rail Way? How many person travel to Niger? CHAI!
Oh BuhaRi, U have finished us. I pray up tenure come To And End.

3 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Juell(m): 6:33am On Sep 17, 2021
Madness

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by bigpicture001: 6:35am On Sep 17, 2021
Lifestone:
We reason with lots of sentiment as a country. In my view, this project is all about competing for the share of trade routes to Niger Republic which is being competed for by both Nigeria and Benin Republic.
Niger Republic is land locked and will require access to Sea/Port through either Nigeria or Benin Republic. This is an economically sensible decision. The project is also significantly part of the LAKAJI corridor which was essentially designed to link Lagos to Kano to Niger Republic, that plan has been on ground before Buhari and it makes sense.
That project will certainly pay for itself given the success of Abuja - Kaduna and Lagos - Ibadan experience.

So in ur best reasoning, the rail will yeild more revenue than a rail linking the southwest to South east to South south..? Do u know how much GUO, young, and others take in by moving more than 10million passengers there everyday..?

Guy grow up.. it's an ethnicized project and not economically viable as you thought.....

Study the map of Nigeria and know the position of Niger republic and position of Benin republic..... You just want to react, plz go blow whistle if u don't know wot else to say or do..?

7 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by SmartPolician: 6:36am On Sep 17, 2021
Fuckyoumod:
E no go better for Goodluck Jonathan.

For wasting six good years doing nothing for the Niger Delta people.

Because if buhari can borrow to construct rail for parasite states, what was holding gej back from building the south? Why did Goodluck not do same for his people?

Why was goodluck's six year of being President centered in the North?

Goodluck did nothing for the Yoruba's, IBO's and his own people.

Wasted years in power! Spits.......


Although Goodluck Jonathan has his flaws, he was a Nigerian president, not a southern or Niger Delta president. That's an ideal leadership quality. A Nigerian president is supposed to be a bridge builder and protect the interests of all, including the north and south, young and old, weak and strong, etc.

The problem we have now is that a man with a questionable O'level certificate has bastardized Nigeria's leadership. If all his successors follow in his footsteps, Nigeria will go up in flames. Just imagine what would have happened in the north if the incompetent oldie in Aso Rock now had come from the south.

5 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Nobody: 6:36am On Sep 17, 2021
“The Federal Government of Nigeria is spending $1.9billion of petroleum money to build a rail line from Kano to the Niger Republic, linking villages along the way.

“Tell me – where is the prudence & profit in this project? Is there serious commerce between Nigeria & Niger,”
the railway line is a waste of $1.9 billion, there are more basic needs that could be addressed with the fund.


“I remember in 1985 in Africa Hall that he was for confirmation of Dr Peter Onu of Nigeria, who was acting Secretary General but Nigeria’s Head of State Gen Muhammadu Buhari was adamant in his support of Niger’s candidate, Idi Omaro, a Fulani Muslim. In a meeting, a handful of Presidents led by Nyerere met with Gen Buhari and Nwalimu begged him: ‘Please give us Peter!’ Buhari refused and forgot even to be courteous to his old peers. What was astonishing, when the vote was in favour of Niger’s candidate, the Nigerian Head rejoiced to such a degree that he was unable to control his emotions. That was a moment I witnessed and was convinced that General Buhari would not last long as a leader.” – The OAU: Reality Or Fiction by Ibrahim Daggash, former Head of Information and Communication, Organization of African Unity (OAU);

It is unheard-of in history that a self-respecting leader of a country would vote against his country’s candidate in international diplomacy. But here, you have it in black and white, in a book, that former Head of State General Muhammadu Buhari would rather have a Fulani Muslim candidate from Niger instead of Nigeria’s own esteemed Dr. Peter Onu. Not even the highly revered then President of Tanzania, Julius Nyerere could make Buhari to change his mind. This kind of bizarre shamelessness is why Nigeria is the laughing stock of the civilized world. It is unthinkable that any leader, anywhere would insult his own country by backing an opponent from another country.

The crude tragedy here is that it was the selfsame Buhari who made this patriotic statement: “This generation of Nigerians and indeed future generations have no other country than Nigeria. We must stay here to salvage it together.” How would the late Peter Onu have faith in Nigeria when he could not get the support of his country’s leader? It is as though the so-called leader was more interested in the ethnicity and religion of Peter Onu’s opponent from Niger than any bonds of citizenship with his Nigerian compatriot. Cry, the beloved country, as Alan Paton entitled his sad book. Attaining the great post of Secretary-General of the then OAU was a task most African countries gave their all in raising their diplomatic stakes. In Peter Onu’s case, he even had the other African countries rooting for him because of his undoubted competence only to be abandoned by the very man at the helm of affairs in his own country.

Indeed Chinua Achebe was spot-on when he stated that the trouble with Nigeria stood on leadership in his classic little book The Trouble With Nigeria. A leader that cannot support his countrymen and women can only be aid to be worse than useless. How indeed will Nigerians be motivated to lift up the country? It all means that all the croaking about “One Nigeria” is a huge joke. Buhari’s antecedents can only deal a deathblow to his current attempt at winning the presidency of Nigeria. He is not showing in any sense whatsoever that he has changed from his old ways which made the author to state in the book quoted above at the beginning of this article that “he was convinced that General Buhary (sic) would not last long as a leader.” All over the internet are quotes of Buhari stressing that he would ensure the entrenchment of the controversial Sharia law all over the country. In a plural society such as Nigeria, that is a surefire way to covet trouble. Buhari ought to know that the country is no longer under military where his word was law. Even then, he was even so easily overthrown by his military peers due to his bad politics. Buhari had earlier said quite undiplomatically that Muslims should vote for only Muslims. It goes against the grain for a man who aspires to be the leader of all to sound so parochial.

Buhari obviously has his fawning sycophants, but the larger public remains unimpressed. It is this his latching to the praise songs of his toadies that makes Buhari imagine that he can ride roughshod over simple rules like presenting his school certificate to the Independent National Electoral Commission (INEC). Celebrating a man who cannot produce his mandatory school certificate in the contest for the Nigerian presidency aptly sums up the sorry fate of the country where a child from Anambra State, for instance, must score more than 139 marks to be admitted into the so-called Unity Schools while another child from Yobe State is only required to score just 2, as in TWO, marks. Pathetic! A leader who shamelessly helped to defeat his own country as Buhari did in Peter Onu’s contest for the Secretary-General post of the then OAU has no business putting up his head to lead the country yet again. Since he is so desirous of supporting his Fulani mates from Niger, would it not be wiser to aspire to lead Niger Republic instead? Somebody urgently needs to CHANGE himself first!


Political post should not be about tribe, nation or religious alliance...Buhari chose who he thought his the best man for d job..shikena.Buhari’s antecedents 1985 in Africa Hall that he was for confirmation of Dr Peter Onu of Nigeria, who was acting Secretary General but Nigeria’s Head of State Gen Muhammadu Buhari was adamant in his support of Niger’s candidate, Idi Omaro, a Fulani Muslim. In a meeting, a handful of Presidents led by Nyerere met with Gen Buhari and Nwalimu begged him: ‘Please give us Peter!’ Buhari refused and forgot even to be courteous to his old peers. What was astonishing, when the vote was in favour of Niger’s candidate, the Nigerian Head rejoiced to such a degree that he was unable to control his emotions. That was a moment I witnessed and was convinced that General Buhari would not last long as a leader.” – The OAU: Reality Or Fiction by Ibrahim Daggash, former Head of Information and Communication, Organization of African Unity (OAU);

It


I am not surprised! The Buhari guy is well known for his tribal and religious bigotry! The Nigerian youth supporting him today are either so blind that they can't see beyond their noses or they are bigots like him
No, they aren't blind but ignorant...if you want to hide anything from a black man just put inside a book.Gbam

Yet most Nigerians still ask why is Nigeria in disarray. It is because Nigerians had allowed patented foreigners from Niger Republic or Chad or Cameroon such as Muhammed Buhari to lead the country.
Someone who chose tribal and religious affiliations over Nigeria and our National interest is now the Shining Angel who will lead us to the Promised Land abi? Is this how short Nigerian memories are 1985 was just 30 years ago, is that how easy it is to convince a Nigerian to vote for his own oppressor?
Someone who preferred for Nigeria to lose such an influential international seat so that his Fulani Muslim kinsman from from Niger Republic can get it is now the person who cares about Nigerians and Nigerian youths so much?
a rail line connecting Nigeria and the Benin Republic or Ghana would have been a better decision rather than the Niger Republic.

“Won’t a rail line to link Cotonou, Benin be better? It should even get to Ghana. Why take a loan to pave the way leading to an unproductive destination, what’s our economic activities with Niger that will pay back the debt? Does the National Assembly vet and approve these loans at all,”


the President’s approval remarked that the project is ‘leading to Nothing’.

“The $1.9bn rail line between Kano and the Niger Republic is a project leading to nothing much because I see no serious trading/commerce btw those two locations. Why can’t Buhari invest in states and regions like Lagos, Niger Delta generating those funds he’s about to waste,” he stated.

the highest Gross Domestic Product (GDP) are not connected by rail yet while the government is about to connect states with low GDP.

the project is based on the ethnic association of the President and the Northern region where he hails from.

The President’s motive was only to develop his ‘ancestral people with the Nigerian wealth’.

“The Kano Niger Rail shows clearly that this president is trying to prosper his ancestral people with Nigerian wealth, no wonder the banditry activity in his home town Katsina is unchecked, and the audacity activities of Fulani cattlemen are yet to meet the weight of our laws, sad,”.

The project is an ‘ethnic-Fulani agenda’“This is quite disgusting. Of what economic benefit is this venture? How can connecting Kano and the Niger Republic be of economic relevance than linking Porthacourt and Lagos via rail line?

“There seems to be no shame on ‘Buhari’s ethno-Fulani agenda’. Water Resources Bill is still a headache.

5 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by compton11(m): 6:39am On Sep 17, 2021
Oracleforce:
Buhari is seriously working for the prompt establishment of the Islamic Emirate of Nigeria...he knows that with joining the Niger Republic population to this country, they will have more strength and ability to override all the southerner' territory...and the ugly thing there is that he is using a Southerner to fulfill his agenda...
Amaechi is being used to fulfil his agenda
and how is this concern Islam?

Brian less niggas like u should stop attaching Islam to everything

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Xzellentgraphic: 6:39am On Sep 17, 2021
Fg keep borrowing ....nawa o.

Check my signature
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Wokenaija: 6:41am On Sep 17, 2021
grin One Nigeria !
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by oscarlamba: 6:43am On Sep 17, 2021
Freestainworld:
They should just rename Nigeria to Niger Republic extended, so that we can all go home and rest.
lolz Niger republic annex
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by greencard: 6:43am On Sep 17, 2021
Fuckyoumod:
E no go better for Goodluck Jonathan.

For wasting six good years doing nothing for the Niger Delta people.

Because if buhari can borrow to construct rail for parasite states, what was holding gej back from building the south? Why did Goodluck not do same for his people?

Why was goodluck's six year of being President centered in the North?

Goodluck did nothing for the Yoruba's, IBO's and his own people.

Wasted years in power! Spits.......


Good luck wasted good six years very painful
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Sirmikky1(m): 6:44am On Sep 17, 2021
This Buhari guy is a plague



Lord, please help this country me out of this country �

1 Like

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