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Nairaland Forum / Nairaland / General / Politics / 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" (12987 Views)
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Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Nobody: 11:15am On Oct 28, 2022 |
Henix: No, Tinapa failed because Duke refused to solicit the support of the FG at that time to grant necessary licenses and permits to set up the port. There are other things involved that the state alone could not bear alone to set up the port, off course Lagos too didn't want competition. Duke failed to do the Abuja politicking needed to get something like that running. |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Nobody: 11:17am On Oct 28, 2022 |
Agbegbaorogboye: Where did the state get funds to do the Tinapa, through state allocations? No !borrowing. |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Nobody: 11:19am On Oct 28, 2022 |
Iampromoted: Anyone who was in cross river at that time knows it, it was a good idea, but it needed collaboration from neighboring states and the FG as it was a big project. With Goodluck in power at that time, maybe it could have worked. |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Agbegbaorogboye: 12:27pm On Oct 28, 2022 |
quentin06: Borrowing of course. And private partnership too. But it was not as bad as you painted it. Tinapa is a productive venture and there is nothing wrong in borrowing for a productive venture even for an individual. As I pointed out, CRS is not in top five of indebted states in Nigeria and is certainly not insolvent. It was well run by Duke. Compare what he did with the loan with what a Tinubu did for example with loans he took for Lagos state. Duke has verifiable achievements while Tinubu's boys hide under "legacy" to deflect from their Oga's theft of Lagos resources |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Agbegbaorogboye: 12:32pm On Oct 28, 2022 |
quentin06: Port? Is Tinapa a port? I thought it was a tourist resort and free trade zone. |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Nobody: 12:43pm On Oct 28, 2022 |
Agbegbaorogboye: A Port was included in the plan, where do the goods in a free trade zone come from? A port offcourse, without a functional port there can be no Tinapa, basic economics. |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Nobody: 12:45pm On Oct 28, 2022 |
Agbegbaorogboye: Have you been to CRS lately? Please go there and tell me what you think? |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Codes151(m): 1:46pm On Oct 28, 2022 |
Sorry to say. Crossriverians are very funny. They let this man use them a lot. |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Agbegbaorogboye: 2:07pm On Oct 28, 2022 |
quentin06: Where did you get that from? There are free trade zones in Adamawa, Kaduna and Kano. Which ports are in those states? A free trade zone is an economic zone not a port. You're mixing Calabar port and free zone with Tinapa resort and free zone |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Agbegbaorogboye: 2:09pm On Oct 28, 2022 |
quentin06: CRS is as it is now due to the quantum foolishness of the present gov. It was not like that when Duke was there. Duke started Calabar Carnival which quickly became an international event with tourists from different countries attending. You can't blame Duke for Olimpotic incompetence of Ayade |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Nobody: 3:58pm On Oct 28, 2022 |
Agbegbaorogboye: Not blaming him really, Ayade is by far the worst govnor yet. |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Agbegbaorogboye: 4:03pm On Oct 28, 2022 |
quentin06:Ok |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Iampromoted(m): 11:27am On Oct 29, 2022 |
Agbegbaorogboye:Check Cross Rivers State debt profile and inflows. Then you'll know that they are in a big mess. Lagos for instance comes first in states debt profile. But the good thing is that Lagos income is staggering. In fact Lagos can do without the revenue from Abuja. |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Agbegbaorogboye: 7:09pm On Oct 29, 2022 |
Iampromoted:In terms of debt to revenue ratio, Lagos is even worse than Cross Rivers. Cross Rivers faac allocation dropped when it was removed from oil producing state by virtue of its oil well ceded to Akwa Ibom. |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Nobody: 2:11pm On Nov 09, 2022 |
Agbegbaorogboye: The free trade zones in kano, kd and Adamawa are just political, they don't have economic value to their localities. They re just set up to legalize smuggling and evade custom duties. They re glorified pantekas. |
Re: 2023: Ben Ayade Presents N330 Billion "budget of Quantum Infinitum" by Agbegbaorogboye: 3:53pm On Nov 09, 2022 |
quentin06: Hope you know a notherner can also advance same arguments against ftz in the south |
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