₦airaland Forum

tillaman:
Collaboration with private firms wouldn’t be a bad idea at all but the thing is they won’t even try to consider that idea let alone join hands with experienced private firms! Those in charge of the road rehabilitation will fight for their pockets first and use substandard materials so after 18 months the roads they rehabilitated will need another rehabilitation and the cycle continues!!

delectablegyal:
his wife or not. I delivered message.

FarahAideed:
Autojush has never known jack about cars and likes pretending he is in authority in a field he knows nothing about ... Do you know about coach makers that specialize in building hearses at all ..Do you even know the model of roll royce the caochmaker converted into a hearse before you went to grab the picture of a 2016 ghost and started comparing ? Guy you keep posting nonsense about cars here and some of us just watch you and laugh .. I hope you know the hearse in question was rented from APAMs pall bearers here in Lagos and not owned by SDM in any way .

duni04:
I'm an old member of NL and haven't posted in a while but this thread has forced me to say something today. I'm disgusted and irritated by the audacity of the OP of this thread to post blatantly false information all over this article. To write that Amaechi awarded the PH rail contract to a firm with a higher bid is a blatant lie. To write that Amaechi abandoned the PH monorail before his administration ended is another blatant lie. To write that he dissolved his cabinet just so he could award an inflated contract is another audacious and daring lie. To write that Ghana awarded a similar project at a lower cost is another blatant lie. The first thing wike said when he became governor in 2015 was that he wouldn't pump any more money into the monorail and he woud abandon it. I remember contributing to the thread on that topic in 2015 and blasting Wike.
Ghanians were even in Nigeria last quarter to monitor progress on the Lagos ibadan link as they're using the same contractor as we are. The part that autojosh saw as a headline for the ghanians was a section of the rail which would obviously be cheaper, not the entire length as in Lagos to Ibadan.
Autojosh should better take this smelling nonsense article full of lies off his blog before someone calls the attention of Amaechi to it. Amaechi doesn't take nonsense from people. He will see this article and sue you to court. Nairaland mods should also beware as you're also liable.

deomelo:
The fact that your leaders are corrupt doesn't mean you have to be gullible, mentally corrupt or be a rumor and gossip consumer.

Hopelessness is when you care less about facts and Just settle for gossips and insinuations.

positivelord:
I dont why this mono rail issue keep coming up each time ministerial list is about to be release...

9jaRealist:
The article seems merely a case of POOR reporting...
The colloquial language employed is in direct CONTRAST to the substance.

Starting from your last underlined paragraph, and going on for the next 6 paragraphs...
Every uttered sentence indicates a CREDIT against tax liability (hence a tax credit), rather than a holiday.

A tax holiday means there will be no tax liability accrued at all...
While a tax credit means that tax liability will accrue but will be OFFSET against the value of the project.
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9jaRealist:
Please stop repeating the highlighted misinformation...
It's NOT a tax holiday, but a tax CREDIT (offset against audited tax liability) over 3 years (not 10 years).

For clarification sake, this contract is a PPP under Executive Order No. 07 of 2019 which provides that private infrastructure providers shall be able to offset actual audited tax liabilities accrued over any 3-year period within the 10-year lifespan of the Executive Order (which expires in 2029) by taking a credit against such tax liabilities, up to the contract amount involved in each of the covered projects

There are presently 6 companies availing themselves of the tax credit provided under Executive Order No. 7. (in addition to the Dangote Group, the others are Lafarge Africa Plc, Unilever Nigeria Plc, Flour Mills of Nigeria Plc, Nigeria LNG Limited, and China Road and Bridge Corporation Nigeria Ltd.) by financing the construction of 19 federal road projects in 11 states across each of the six geopolitical zones.
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GistFullGround:
If you don't know, then don't talk!

This is how it's done everywhere.

When I have the time, I will show you when I see one in Washington DC today.

Drnice2:
You see why I hate Yorrobbers! Autojosh was busy praising Ambode, now Ambode is out he's now praising the new Puppet. Pathetic!!
Yorubas are Nigerian's greatest problem. Bunch of Back-Stabbers.

GOFRONT:
Cant wait to bid Yayaha Bello farewell