₦airaland Forum

ladyF:
Dem don use book dey siphon public funds...issorai

It's [size=15pt]LadyF[/size] again

Nor be today na with the PRETENDERS in the useless party called APC.
Did their dog of ubima aka General Korofo of common sense idiotic revolution not use PH light rail to siphon money for Buhari's campaign

Kenai:
The Rivers Monorail has already arrived...

And it's about to take off...
[img]https://www.nairaland.com/attachments/1570278_images-4_jpeg_jpeg2ce038dbd0b51d8e59b0a0d616a6e40b[/img]
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[img]https://www.nairaland.com/attachments/1570371_screenshot_2014-07-23-16-07-14_png29b18d0d659492af789f2e7a9401cc15[/img]

... To outer space.

scribble:
https://www.karensperspective.com/wp-content/uploads/2010/03/dollar_rain.jpg



Dollarization Of The APC Primaries: How Amaehi Vanquished Atiku #saibuhari

The blogosphere was inundated with reports of the excessive sharing of dollars at the All Progressives Congress which took place during the latter part of last week.

One APC supporter and Special Adviser to Osun Governor on Environment, BolaIlori had blown the scandal open after he saw the beginning stages of the dollarization in action.

He took to his Facebook page and scribbled, “Crazy things are happening here!!! Some of these cannot represent the change Nigeria is yearning for. Excessive dollarization by one of the aspirants to is to say the least obscene. I have been involved in political process for decades now, I have never witnessed this volume of raw dollarization of party primaries. I only read about this kind of things in PDP primaries. A question been asked by conscientious delegates is that whoever can be giving out between $2000 to $5000 to…delegates certainly does not represent the kind of change Nigerians want…those who contributed to the pauperization of Nigeria now revel in dollarization… majority of Ondo delegates are still standing with Buhari but have been reduced from 85% to 70% within 24 hours…the remaining has gone with dollars ooo.!!!!!”

One has to wonder how Buhari was able to win the primaries in this era of stomach infrastructure where dollars are like the Biblical manna that God sent down from heaven to nourish the Israelites as they made their way to the promised land.

Sources close to the APC with knowledge of the way the Primaries unfolded have revealed that it was Rivers State Governor, Amaechi who flew back to Rivers State and returned to Lagos on Thursday morning with enough dollars to make Benjamin Franklin blush.

It has been revealed that Atiku offered the delegates $5000 each, but Amaechi doubled it to $10000 a pop. Thus turning the tables in favour of General Buhari.

Since his adventure into the APC, Amaechi has gone out of his way to prove himself a party loyalist, always the first to shoki or azonto at the many events the APC holds, which he himself is usually the chief sponsor.

According to party insiders, Amaechi has overtaken Tinubu as the major financier of the party. One does not need to wonder why he is always at President Jonathan’s throat over misappropriated oil wells or other such business. Anything that diminishes from the State’s coffers will have a ripple effect on his funding budget for the APC.



Joe Francis wrote in from Port Harcourt.


http://www.theheraldng.com/dollarization-apc-primaries-amaehi-vanquished-atiku-saibuhari/

www.nairaland.com/attachments/3483217_amaechidollarisation_jpegb5e0800e024c28f6be3bb816a31e3e74

Kingblingz:
Disclose donations,so that after d book launch u nd EFCC+DSS go dey run 100meters,Buhari go wan probe ur Asssssss..

Yea, the same way he is probing the Abacha family, not so?
Continue to deceive yourself.



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HungerBAD:
Good

...that they are HIDING their CORRUPTION from the public?
Where is the TRANSPARENCY, which is the sustainable platform for fighting corruption?



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genesisproperty:
When will Nigerian learn to appreciate a kind gesture from a reknowned citizens of this great nation?this book is an eye opener to our ladies and girls who have been illegally captured by Boko Haram and I believe Buhari wife is using this medium to encourage the poor mothers and to cheer them up

What are you talking about?
Do you understand English at all and did you see the topic and read the OP?
This is about the OPAQUE donations of the CORRUPT people pretending to be otherwise.
Are you able to address that or should we NOT



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APC na wayo of Promise & Fail na.
Fight CORRUPTION ko, chop corruption ni.
I just pity the ZOMBIES who continue to believe that anything good can come out of these PRETENDERS.



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[img]http://pbs.twimg.com/media/B-wNrUkW0AAr9B3.jpg:large[/img]




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Deen77:
This is not a court judgment, until is prove guilty, many write nonsense, you can see UK telegraph this week.

But if we agree, Tinubu is not in government why must we allow Saraki has number three.

He PAID off his guilt with $460,000.
Meanwhile, could you please share with us the court judgement for Saraki.
Is Tinubu no longer the National Leader of the ruling party at the federal level
Thanks.



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jameseva:
You call being a common criminal understanding the game of politics? How pathetic! This is how corruption has corrupted the nigerian youth's psych. Pride in hardwork has been so relegated so much so that some even unrelentlessly defended the deluded words of a drunkard 'stealing is not corruption'..Hian!!!!!

A common criminal like this one


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JesusmyGod1:
big lie

You sef too sharp
You don sabi their APCshit wayo finish unlike their zombies who are yet to recover their broom-swept brains.

Is this ADDITIONAL to the 740,00 jobs they promised to provide IMMEDIATELY on May 29, 2015



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OrlandoOwoh:
Why do some of you like asking sílly questions? Go out there, work, earn money and help yourself.

No mind the youth, e dey wait for Buhari N5,000



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Ik09:
i Professor CONUASS 7 (N4,580,349 – N6,020,163.00)p.a.
ii Reader CONUASS 6 (N3,768,221 – N5,004,750.00)p.a.
iii Senior Lecturer CONUASS 5 (N3,091,505 – N4,455,506.00)p.a.
iv Lecturer I CONUASS 4 (N2,079,996 – N2,684,010.00)p.a.
v Lecturer II CONUASS 3 (N1,649,509 – N1,979,640.00)p.a.

LIBRARY CADRE
i. Deputy University Librarian CONUASS 6 (N3,768,221 – N5,004,750.00)p.a.
ii. Principal Librarian CONUASS 5 (N3,091,505 – N4,455,506.00)p.a.
iii. Senior Librarian CONUASS 4 (N2,079,996 – N2,684,010.00) p.a.
iv. Librarian I CONUASS 3 (N1,649,509- N1,979,640.00)p.a
v. Librarian II CONUASS 2 (N1,451,071 – N1,754,902.00)p.a
vi. Graduate Librarian CONUASS 1 (N1,263,377- N1,447,767.00)p.a

NON-TEACHING (SENIOR ) STAFF CADRE
i. CONTISS 13 (N2,723,069 – N3,632,404.00)p.a.
ii. CONTISS 12 (N2,014,717 –N2,827,525.00)p.a.
iii. CONTISS 11 (N1,823,167 – N2,578,127.00)p.a.
iv. CONTISS 9 (N1,449,363 –N2,109,627.00)p.a.
v. CONTISS 8 (N1,247,854 – N1,855,515.00)p.a.
vi. CONTISS 7 (N1,073,217- N1,589,508.00)p.a.
v. CONTISS 6 (N698,251 – N1,062,683.00)p.a.


Culled from: http://.com/jobs/salary-scale-of-nigerian-university-lecturers/

Compared to the mega millions that WE pay our political class, it is obvious why we are underdeveloped.



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demslayerrz:
I know this one will support anything evil, spending all his time online defending rogues. What a shame

It seems that you need to collect refund from your English teacher.
Otherwise please show how my post that you quoted is in support of anything.
Thanks.



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jadelyn007:
99.9% of the guys on this thread have never stepped foot in togo. And the one percent who live outside the country who are supporting this man's lies are one of those who can't get a black sister to look their way so they would give you home based sisters the impression that they are the best since sliced bread so that when they come home y'all flock round them.
I will never marry a Nigerian man based here because of the dirty lifestyle they have lived. From gang bangs, sleeping with dirty hoes, sleeping with other people's wives. God forbid!!!

Based here?
Where is that?

jadelyn007:
and you have never seen good looking black men with ugly assss white women Nigger puhlease!!!
And to ice the cake you added another lie about how 9 out of 10 relationships between the white woman and the black man, the man is in control
A black man controlling a white woman, the way he domineers over a black woman, this the biggest lie I heard this week brother

Thanks for debunking his feel-good lies.

informa:
Hehehe...it was a serious affair o...family members were in attendance and the bride was on a white wedding gown...lol!

Love knows no bounds, especially when an international passport might be in the offing...! View more pictures of young Nigerian men who have trod the same path...



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http://www.tutubranch.com/2013/07/nigerians-marry-white-grannys.html#more

cruzita:
I don't blame him tho,I blame our cheap girls that can do any thing to be with a white man and in the process degrading us.

The girls are "cheap" because we black men people are completely useless and powerless.
Look around you- how much of what you use is invented, improved, produced and MAINTAINED by technology attributable to the black man?
How many?
What is the OUT of school rate among black CHILDREN in Africa and elsewhere compared to the rate for white children?
Lastly, do you know of any other race that raided, captured and SOLD its fellow brethren as SLAVES massively as we blacks?
Yet, we are the ones to buy the LATEST, most modern oyinbo gadgets even though we lack even the TECHNICIANS to maintain them in a sustainable way.



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Sheggy13:
Thank God you're a bit wiser than the other blind wailers singling out Amaechi and Fashola only for blame, by using the word "36 governors". NOI simply compared the two bosses she served under -OBJ and GEJ and stated in clear terms that one had the political will while the other didn't despite Crude oil selling at the highest under him and he depleted our foreign reserves that others before him helped to grow. She has clearly indicted GEJ with her statement and vindicated PMB when he said that the immediate past government had plundered our Commonwealth like no man's business, hence the current hardship we face. To say this is the same man some id!ots including you unfortunately celebrate as a hero just because he conceded defeat in an election he clearly lost goes to show some people's stupidity is simply irredeemable.

Is the Federation Account owned JOINTLY by the three tiers of government?

a) Yes
b) No



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cruzita:
Beautiful
proudly African woman ,but those melons are too exposed na

Are the swimsuits African?

omenka:
The West can publish all the reports they like, Nigeria will still feel safer with the Chinese than those predators. And we will cut deals with them whether Washington or the people down 10 Dawning Street like it or not.

You feel safer with China instead of making it unnecessary to feel safe with others




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This is terrible.
How did Buhari bring us to this stage?

tbaba1234:
A "mini dictator' that saved us from a crisis in 2008 by saving is better than a democrat that lacked the political will to save, causing us to go through an economic crisis.

OBJ had the leadership to manage the governors pressure, GEJ didn't.

It is this type of messiah-is-needed mentality that ensures we Africans will NEVER develop.
Why can't we COLLECTIVELY have the value of saving for the rainy day instead of waiting for a FAKE messiah to flog us into line while he is STEALING us blind?
Do you see the IRONY?

Africa does NOT need strong men. It needs strong INSTITUTIONS.
~ Barack Husein Obama, POTUS

...F A C T.. C H E C K ...

'Obasanjo and Atiku in 8 years built one UNIVERSITY each for themselves....Bells and ABTI.
They built NONE for Nigerians.

Jonathan and Sambo in 4 years built 14 (FOURTEEN) new universities for all Nigerians.
NONE for themselves.

NOTE: OBJ and ATIKU are now consultants/sponsors/piloters/members of APC....



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Sourced from: https://www.nairaland.com/2146237/why...ive/4#30711260

What happened to the OYES youths?

tbaba1234:
OBJ saved even with pressure from governors because there was the political will.

There was no political will in GEJ regime. This is coming from a person who served as the finance minister for both parties.

The Ebola Owu was a useless mini dictator while Jonathan was a democrat.
The Federation Account is JOINTLY owned by the

- 774 LGAs
- 36 states and
- the federal government.

anonimi:
[size=14pt]Tinubu Tackles FG, CBN On Excess Crude Oil Sales Account[/size]
Feb 22, 2001




https://www.osundefender.org/wp-content/uploads/2013/09/TINUBU.jpg




The Lagos State Governor, Senator Bola Ahmed Tinubu, yesterday joined issues with the Federal Ministry of Finance and the Central Bank of Nigeria (CB N) over the recent face-off between the different tiers of government on the excess crude oil sales reserve account of US$ 1. 8 billion which is about N198 billion.

Expressing concern at the impression being created that the economy is rudderless, Tinubu argued that the central issue transcends the release or non-release of the fund into the Federation Account.

In his words: “The fundamental issues and principles at stake go much deeper. They are more broadly about the rule of law and the supremacy of the constitution on one hand, and the need for cooperation and coordination in a true federal structure, as a basis for sustaining and strengthening our fledgling democracy on the other hand”.

Governor Tinubu [size=14pt]disagreed with the CBN's position that release of the excess crude reserves to the states and local governments, though legitimate, [/size]would lead to inflation; cause a rundown of the nation's foreign reserves; weaken the exchange rate further and run counter to agreements reached with the IMF.

The Governor contended that "in a period of excess capacity and low purchasing power, there should not be undue inflationary pressures from an injection of funds into the economy. Instead, such a development should be beneficial to economic activity and growth, despite the fact that there are supply rigidities and inefficiencies which would limit the potential benefits”.

On the purported likely impact on foreign reserves, Tinubu argued that "in an import-dependent economy such as ours, it is inevitable that an upturn in the level of economic activity would engender a fall in foreign reserves. This is not necessarily a bad thing. Rather, it would be immoral to appear to be building up high foreign reserves in the midst of grinding poverty”.

He stressed further that if the N198 billion released is matched by an equivalent US$1.8 billion, there should not be a fall in the value of the Naira as the supply of dollars would be in place to match any increased demand”.

Tinubu also said it would be unfair for the federal government to agree unilaterally to commit revenues due to other tiers of government, to an agreement with the IMF or anyone else.

Attributing inflationary pressures in the economy largely to the federal government's overspending and printing of money to finance such expenditure, Tinubu said "It is hardly fair for the FGN to overspend and then seek to correct the inflationary effect on the economy by starving other tiers of government of their rightful funds”.

Stressing that there is no basis for CBN or any authority to flout the constitution and deny states and local governments their own share of the Federation Account, Tinubu noted that "the excess crude reserve account is itself an illegality, carried over from the military era, as there is no provision in the law or the constitution for federally - collected revenues to be diverted to such an account”.

Advocating constructive dialogue on the management of the economy Governor Tinubu said "it is time for us to sit down and dialogue about how to move from where we are now, to where we need to get to, while respecting true federalism in fiscal and other matters”.

From: http://asiwajubolatinubu.com/archives/news/2001/02/22/20010222N01.html

TheGoodJoe:
Did I talk of Fuel? The economic growth figures were fake. The actions in the reserves and ECA showed the truth. The worst part was that we sold Crude over a $100. How she mismanaged such a windfall beats me.

The 36 governors who did not mismanage, please tell us what they had to show for it.
Thanks.

TheGoodJoe:
Reminder. This happened to the ECA before the Governors asked for theirs.

The FAAC meeting for November 2014 ended in confusion when the then Minister of State for Finance, Bashir Yuguda, could not explain how the balance in the ECA had dropped from $4.1 bn at the end of October to $3.1 bn.

http://www.premiumtimesng.com/news/top-news/186229-faac-disowns-okonjo-iweala-denies-approving-withdrawal-of-2bn-excess-crude-funds.html

Since when did 2013 come AFTER 2014?
Maybe in zombie land aka BuhariSTAN

Reminder for those who may want to forget.

FG, States, LGs Share N568.4 Billion for Oct



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Also, $1billion was proposed for distribution to complement shortfall in expected revenue." The $1billion is a compromise by the FG over its words in September not to augment shortfalls anymore.

Responding to the presentation, the chairman of the States Commissioners of Finance and Ebonyi State Commissioner of Finance, Mr Timothy Odaah, lamented that the statutory allocation was getting smaller and smaller. "It appears this is the worst in terms of returns. This is the least in allocations as far as this year is concerned. We are mourning the dearth of funds and this is a wakeup call for states and local governments to buoy up their internally generated revenue."

While appreciating the "magnanimity" of President Goodluck Jonathan to approve the $1billion from the excess crude account and to be shared among the federal, state and local governments, Odaah expressed disappointment with the returns made by the NNPC.

He said that [size=14pt]the states had requested for $2bn[/size] to complement for the shortfall in revenue but got only $1billion. In September, Odaah and fellow commissioners had walked out of the Accountant General of the Federation (AGF) when the federal government said that the framework of the 2013 budget was no longer realistic and it won't augment shortfall in revenue. Odaah raised issues with the statutory allocations of previous months.

More from: http://allafrica.com/stories/201311150323.html

omenka:
This is nothing but treason. These criminals constitute a bigger threat to our democracy than anything else in this country.

Would you also call this man a criminal of treason- having committed the same offence as the one for which Saraki is before the CCT
APC = HYPOCRISY = APC

PhockPhockMan:
But Buhari, in the document titled, ‘I pledge to Nigeria’ had also said that all his political appointees would only earn salaries and allowances as prescribed by the Revenue and Mobilisation and Fiscal Allocation Commission.

He said, “I pledge to publicly declare my assets and liabilities, encourage all my appointees publicly declare their assets and liabilities as a pre-condition for appointment. All political appointees will only earn the salaries and allowances determined by the RMFAC. I pledge, as Commander-in-Chief, to lead from the front and not behind in the comfort and security of Aso Rock, to boost the morale of fighting forces and the generality of all Nigerians.”

http://www.punchng.com/news/buhari-vp-fail-to-declare-assets-publicly/

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Buhari used all our money for his world TOURISM



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GMB‬ Speech While Addressing Nigeria Community In The United Kingdom.


I Will Maintain a modest lifestyle as President -Muhammadu Buhari.

“One of the major killers of our economy apart from corruption is waste. Our scarce resources are being plundered away very carelessly and unnecessarily wasted. Let me give an instance, presently, there are more than 6 aircraft in the presidential fleet. What do you call that? Billions of naira is budgeted every year for the maintenance of these aircraft not to talk of operational cost and other expenses.

You may want to ask what a Nigerian President is doing with so many aircraft when a Prime Minister of Britain fly around using the same public aircraft like an ordinary Briton.

Go and check and compare with that of any developed country in the world, the office of the Nigerian President is a very expensive one inspite our high level of poverty, lack and joblessness. Despite all these, you still find a Nigerian Minister spending about N10billion to charter an aircraft for just one year. Now, for me, when we come into office, all these waste will be blocked and properly channelled into our economy. We intend for instance, to bring back our National carrier, the Nigerian airways. [size=14pt]We shall do this by bringing all the aircraft in the presidential fleet into the Nigerian airways[/size] and within a year increase the fleet into about 20.


More from: http://www.osundefender.org/?p=217159

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geniusgenes:
he's really been in the news latly, or is he pulling a ROCHAS on everyone?

He does not need to be in the news to do his work, does he
His work should speak for him.
A megalomaniac is usually a non-performer.
Was that not the case of Fashola and Tinubu? 16 years of progreTHIEF administration yet they could not deliver ordinary light rail!
Something that Jonathan over-achieved in 5 years.

Lagos light rail’ll be ready in June – Fashola
JANUARY 9, 2013

The Lagos State Governor Babatunde Fashola on Tuesday said the first phase of the state Blue Light Rail project would be completed by June this year(2013).

He expressed confidence that Lagosians would start enjoying the services of the lrail project immediately.

The first phase would run from Marina and terminated at Okokomaiko area in Ojo Local Government.

Fashola spoke during an inspection of ongoing projects in the state which took him and his cabinet members to Orile-Iganmu, Alimosho and Ejigbo areas among others to assess the level of works being done by contractors.

The governor, who inaugurated the trackwork of the blue light rail at Alaba Suru, Coker-Agunda Local Council Development Area, said the level of work on the road and those of the National Theatre and Alaba-Mile 2 rail stations, would ensure early completion

He said, “In order to finish the project, the contractor did not go on vacation during the festive period. This will ensure that the project is delivered on time for the use of Lagosians.

More from: http://www.punchng.com/news/lagos-light-railll-be-ready-in-june-fashola/

How We Spent N160bn World Bank Loan on Light Rail Project
11 Sep 2014
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He, therefore, explained that the state government already “has in place, strategies to repay the loan. The federal government was in the know of the state’s decision to take the bond and it approved it.”

He added that the truth “is that what they do not also say is that no state in Nigeria can borrow money outside, from any multilateral agencies without the approval of the federal government.

“What they did not say is that they approved it. No state can raise money by bond the way we have done without the federal government’s approval. Both SEC and NSE are all federal regulatory agencies through which we must pass. If they said okay, it means there must be something good about the debt.

More from: http://www.thisdaylive.com/articles/lagos-how-we-spent-n160bn-world-bank-loan-on-light-rail-project/188736/

Why I reached out to Igbo voters –Ambode, Lagos APC governorship candidate
APRIL 4, 2015
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When is the light rail going to be delivered, the project seems to be going on for years?

I just said it, it’s being funded by Lagos State and the Federal Government support is not there. But I believe strongly that we will create a financial restructuring that will allow us to deliver that light rail within the next 18 months.

More from: http://www.punchng.com/feature/hotseat/why-i-reached-out-to-igbo-voters-ambode-lagos-apc-governorship-candidate/

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Martins301:
In 2016 Bros affordable internet is a need. Give me 24hours light and free internet and I won't depend on any meagre 5k from government or one slave job somewhere

Are you alone in our country?
Will you do ALL your work of VALUE creation by yourself?
Will you not need collaborators and skilled people to work with?
How will you get them if ALL our children are not educated as a top PRIORITY in:

- primary
- vocational
- secondary and
- technical schools

Do you mind telling us
Thanks.



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geniusgenes:
anyone can hate, but although i dislike APC, ambode is working

Is he?
Do you know why he has not completed the light rail after 17 years of progreTHIEVES administering the state of "excellence" and $1 billion LOAN down the drain
Unlike Jonathan who revived and continuously modernised the national railways in just 5 years.

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TTC in talks to sell old trains to Lagos. Are they safe enough?
AUGUST 10, 2011

As Toronto trainspotters gleefully take maiden rides on the TTC's Rocket, commuters in Lagos, Nigeria may be about to get some new trains of their own. Our old ones.

A TTC spokesperson has confirmed that the commission is negotiating with a private group to sell up to 260 used train cars to the West African megacity's new transit project.

"I can confirm that the TTC is in discussion with a third party that wants to purchase trains for Lagos," said commission spokesperson Brad Ross. "Over a period of time, they will be taken out of service and then transported over to Nigeria."

The cars being considered for sale are the TTC's old H-5 and H-6 models, which will be decommissioned as the TTC rolls out its new fleet of Rockets. Ross predicts the earliest they could be shipped to Nigeria is sometime in 2012.

Traffic snarls are already a major economic problem in the Nigerian capital, a booming city that will reach an estimated population of 25 million by 2015. A new above-ground rail system designed to carry 1.5 million people a day has already broken ground, and Lagos Governor Babtunde Fashola has said it "will be the most multi-dimensional and most impactful" of the government's efforts to reduce traffic congestion.

Fashola visited Toronto earlier this year to inspect the TTC trains.

The Lagos deal would be the first of its kind for the TTC. Decommissioned cars are usually sold for scrap metal and can fetch up to $1,500 dollar each. While Ross declined to discuss specific figures, he says the sticker price for Lagos is "significantly more" than scrap prices, putting the potential profits to the TTC in the millions of dollars.

It is not unusual for technology from western nations to end up in poorer countries. Marketplaces in Africa and Asia are flooded with North American clothes, computers, and even cars, but the purchase of larger technology like trains is rarer.

The cars will have to be significantly refurbished to fit existing infrastructure in Lagos, and some Nigerian media reports have lamented that the government appears to have settled on "tokundo," or used, trains instead of brand new vehicles.

Although half the cars are more than 30 years old, Ross is adamant they are perfectly safe and are only being decommissioned for capacity reasons. But he also admitted the TTC is not required to make sure the cars meet any safety standards before selling them.

"Once sold, it's up to the new operator to ensure they are in good working order," he said. "They do need to be maintained much more frequently than the new trains, simply because of their age. At some point they will run out their useful life."

Murtaza Haider, director of the Institute of Housing and Mobility at Ryerson University, said the age of the cars is definitely a cause for concern.

"We should be ensuring that there is some service life left in these vehicles and we're not going to be playing havoc with the lives of those who would ride these vehicles," Haider said. "There's metal fatigue, and that metal fatigue could result in dangerous conditions. I would be paying a close watch on this for the next ten years to see how many accidents do happen in Lagos."

He also warned that while rail systems are glamorous as far as transit infrastructure goes, they are not always as effective at reducing congestion as other options. Nevertheless, new rail systems are frequently preferred because governments can take advantage of kickbacks from large contracts.

According to media reports, the cost estimates for the Lagos rail project have varied wildly from $1.2 billion to $30 billion. In 2010, a Nigerian government watchdog accused Fashola's government of widespread corruption.

"More often than not, politicians favour rail transit because it is more expensive," Haider said. "It's almost useless in some cases, and less productive in most cases, than a bus system. But you can't buy busses for $30 billion. You can inflate prices and make a lot of money buying a rail system."

From: https://nowtoronto.com/news/next-stop-nigeria/

Simply a reflection of the DEMOGRAPHIC tribal realities of the area.