₦airaland Forum

arresa:
There is nothing wrong with Fashola, but there something wrong with your and your not well though assertions.

1. The DISCOs have zero capacity to deliver good services because they can not upgrade and expand because they can not access finance in form of bank loans since the banks are refusing to extend credit facilities to the DISCOs.

2. Fasola is basically telling you the sad truth, the DISCOs can not deliver without funds coming from either the banks or the general public so since the banks have refused, the next option is the consumers.

3. It's not a good situation for Nigerians, but we have no choice but to swallow the bitter pill by paying.

4. You still live in a country where Banks finds it easy and profitable to loan money to generator importers and not DISCos.

Fashola is the least of your worries and if you like pay or don't pay, it's your choice to remain in darkness.

Ritchiee:
There is nothing we can do about what has happened but to know where we stand and ruminate about the failings and successes of these great people whose forefathers were once on the African soil.If this forum were a serious one,this is the kind of topic mods like Mynd44,lalasticlala,seun should have pushed to the frontpage so that a lot of serious people can contribute...

princejayboss:
I have been reading the comments and I found out that no Nigerian found out what the game plan was.... Buhari and APC are trying to pay up debt and refund the money used during election through the ministries and agencies..... It's a very calculated move .... At least ... The budget was over billed .... It went missing which will enable them trick the senate and bring in the edited one.... And push it through....

I have always said this .. change don't necessarily means goodwill, it can be the other way round

bankyblue:
Hmmmmm. Kirikiri here he comes.

Cybertext:
How many British, Americans, South Africans, Australians, Indians, Chinese, Indonesians are in our own prisons??
.
Are they not going about their lawful businesses in Nigeria ??

dre11:
www.pmnewsnigeria.com/2016/02/09/one-year-after-multi-billion-naira-lagos-cardiac-renal-facilities-pack-up/

PIC1 : The Renal Centre
PIC2 : Inside the renal centre.
Inset: Governor Babatunde Fashola commissioning the centre in March, 2015

www.nairaland.com/attachments/3384705_therenalcentre504x336_jpeg9359b572ce6137ea7ebb812a239ab94b


www.nairaland.com/attachments/3384706_insidetherenalcentre504x336_jpegf492b180ffe7ce98e7b6f7b1fb0bdd4a

phranseeqz:
Is it due to lack of maintenance? It was outrightly stated that most facilities weren't working (dead) on arrival. So how do u maintain what's dead? That will be another waste of resources

www.nairaland.com/attachments/2135824_image_jpeg9f360c5ab7736510df54c882e9dbf188


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/

gsalvatore:
Blackman has a big problem.

"Some say something is wrong with them...it's from their skin."

Is it that Nigerians/Africans/black people are incapable of evolving when left on their own?

See the kind of money being spent and a certain Gov that is supposed to lead his people went and commissioned the Fiasco.. Does it mean he was really daft as against how smart Nigerians think he is or is he plain wicked, creating an Avenue to siphon funds? I mean how can this happen? People really need the services of these health facilities.. Infact people have died due to unavailability of these equipments..

Bleep this country..

aresa:
I know they are yet to build and commission 1 single classroom in your village since 1960, but don't worry because I actually have 4 projects..

Alphaoscar:
Every onlooker is either a traitor or a coward !!! Join the train.


www.nairaland.com/attachments/2007824_c00462fb9e0e1160091a011e4bc4f0200ac177847_jpeg_jpeg6a4ec06bbaab9c60def57260fba27b1f

Iceman296:
This man is just the kind of President Nigeria Needs. Forget Goodluck or Buhari. Forget tribe or Religion!

alexlee50:
I know some people will not see this fraud and condemn it

OLUJOSHINS:
smh

but wait ooooo, Is it that this Nigger is simply bent on ruining Fashola's good name or Fashola really duped Lagos?

aresa:
https://fbcdn-sphotos-g-a.akamaihd.net/hphotos-ak-xaf1/v/t1.0-9/11071082_899787060042561_8198157362305970321_n.jpg?oh=b898c3e749b8428e225895d1c4326f6f&oe=55727985&__gda__=1438372404_685d4ca346fc98dc4fff4faa351b3d0d


https://scontent-dfw.xx.fbcdn.net/hphotos-xpa1/v/t1.0-9/11078171_899787126709221_3792039772599277971_n.jpg?oh=930c3bffe9a1f3589229af786eebcf7d&oe=55BBDC61

https://fbcdn-sphotos-f-a.akamaihd.net/hphotos-ak-xap1/v/t1.0-9/10154432_899787246709209_7742075403280312649_n.jpg?oh=9f9ce178ed4704d1ad87f55d971a6966&oe=558394F1&__gda__=1437869869_960e58481b49a984ce8589e0d868be4f

https://scontent-dfw.xx.fbcdn.net/hphotos-xfp1/v/t1.0-9/11059194_899787340042533_2677477962494405548_n.jpg?oh=472b54220a37bfcd857e90c632e1d4fc&oe=55705331

https://fbcdn-sphotos-c-a.akamaihd.net/hphotos-ak-xpa1/v/t1.0-9/1959899_899787940042473_6652697868232469624_n.jpg?oh=57c648ed85aa03b006dbe729612d84b4&oe=557E9CE5&__gda__=1434330072_b9f88f9d229adfb70c0659c27feca40d


https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-xpf1/v/t1.0-9/11066788_899788456709088_1425563013560499143_n.jpg?oh=3764a7590c84e2e71ac2a9ea02c000c1&oe=55B5E87A&__gda__=1438080016_0ed7a4d48b1aebf085784a3e4c351d7b

https://scontent-dfw.xx.fbcdn.net/hphotos-xaf1/v/t1.0-9/10363891_899788553375745_9164250402655239030_n.jpg?oh=2211d4965bb84dc26caa4f93a556c6fd&oe=55829FD5

https://fbcdn-sphotos-h-a.akamaihd.net/hphotos-ak-xap1/v/t1.0-9/10559682_899788676709066_7684874543215725438_n.jpg?oh=d112deeed0d1ee9250d5fa3fba056506&oe=557EFFF3&__gda__=1434288943_a6a7a2e7a5bbd7fbea0b5a3f62e58f9f

https://fbcdn-sphotos-e-a.akamaihd.net/hphotos-ak-xfp1/v/t1.0-9/11010300_899788810042386_2511504644560164453_n.jpg?oh=ebdde82bb8368f66b078ac87f4e364f2&oe=557B1932&__gda__=1434453947_8b6379ba54ed306a7f0d0072a1b7f8ef





https://m.facebook.com/followlasg/albums/899786813375919/

Controlled:
quality always speaks.....sai fashola...sai ambode...sai baba.....

egift:
Show us the one your state governor built so we can compare quaility and cost. Oh, I forgot none.

God bless one of Nigeria's finest. Sai Fashola. Sai Buhari.

aresa:
Why pay attention clueless and unintelligent TaNoids. Small or high cost, when was last time all their useless and incompetent pdp losers from their villages to Aso Rock built or commissioned even ordinary clinic..


APC commissions projects everyday, but the useless pdp have nothing to answer back with..

Obasanjo shared $74million Halliburton bribe, Okiro Panel says: • OBJ also pocketed another $5 million with PDP • Interim Panel report disappeared in Aso Rock
MAY 18, 2010

President Olusegun Obasanjo, who led Nigeria from 1999-2000, during which time he swore to fight corruption in the country, obtained considerable helpings of the infamous Haliburton bribe money, the Special Investigation Panel headed by Inspector-General of Police, Mike Okiro, has declared in an interim report.


More from: http://saharareporters.com/2010/05/18/obasanjo-shared-74million-halliburton-bribe-okiro-panel-says-%E2%80%A2-obj-also-pocketed-another

JoeBlocks:
And the supporters of corruption? What will you call them?

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/

obailala:
You this anonimi character that keeps coming up with pictures on every post, are you by chance related to that emperor of western Nigeria that goes by the name musiwa or becomrich?

Jonathan's budget better than what? and then you post false figures from some dubious websites which have been severally debunked to buttress your points... N1 billion for food no be so?.. Guy go and take your drugs biko

Firefire:

‘A budget that moves domestic spending in Aso Villa from N580m to N1.7bn cannot be a budget of change’

Abuja – Sen. Eyinnaya Abaribe (PDP Abia South) on Wednesday in Abuja, berated the 2016 budget and called on President Muhammaduu Buhari to withdraw it and go back to the drawing board.

Abaribe while making contributions during the consideration of the budget, said the proposal was faulty on many grounds and could not be implemented at it was.

He said that predication of oil benchmark at 38 dollars per barrel when the crude oil price had fallen below 30 dollars per barrel made the budget unrealistic.

Abaribe faulted the government for increasing spending by 30 per cent based on borrowing.

“Mr President, my colleagues, this budget is indeed unique. After the budget presentation, the finance minister has never come to explain the details of the budget as it is normally done.

“It is a budget of change I agree, but it is a change in the wrong direction. I say it is a change in the wrong direction because it says that it is based on zero budgeting requiring all expenses to be fully justified.

“Mr President, a budget that increases spending up to 30 per cent based solely on borrowing, in what way are we justified? That is the question we want to ask the people who brought this budget.

“We know what is going on in the global economy: this budget is predicated on an oil benchmark of 38 dollars per barrel and I can now say that with oil being 28 dollars today, this budget is dead on arrival.

“The job of the opposition is to help the government to get its priorities right, so I want to please urge this government to withdraw this budget and go back to the drawing board,” he said.

The senator also faulted the adjustments made in the budget as well as allocation for spending in the Aso Rock Villa, saying that it was too exorbitant.

He said that the adjustments rather than reduce spending in areas where they were not necessary only spread it into different offices.

“Mr President, a budget that moves domestic spending within Aso Villa from N580 million to N1.7 billion cannot be a budget of change.

“We were told that in the revised budget there was an adjustment due to error, we agree but what has happened is that up to N7 billion were moved from buying vehicles and spread to offices.

“It also increased the spending that is due to renovations within the Villa.

“They are going to renovate the Villa with N3.9 billion: what else do you want to renovate there that Nigerians will see in the Year 2016?” he asked.

However, in his contribution, Sen. Ahmed Lawan (APC Yobe North) blamed the previous administration for the lack of funds due to the embezzlement witnessed in previous governments.

He said that this was the 17th budget he would be debating as a legislator and noted that not more than 40 per cent implementation was achieved in the last 16 years.

“The proposal before us is the first budget where the executive has deemed it necessary to give ordinary Nigerians genuine hope.

“N500 billion allocated for school feeding and social SAFTEY NET is commendable.

“It is time to say oil should not continue to play dominant role as we have suffered economically and politically: it is time to diversify this economy.

“The direction of the executive is the way to go. `That is, we should make every effort to have the real sector-agric mining and manufacturing.

“The budget deserves the support of everyone, including my colleagues on the other side. When we were in the opposition we supported the PDP, they should support us,” he said.


www.nairaland.com/attachments/3317046_budgettt_jpegd73bb73944448e30966f27bc22a4c756


http://www.vanguardngr.com/2016/01/602809/

Bigmarx:
I have read your comments, what baffles me is your sentiments. I mean just view things objectively. Forget the wailers; You!!! Use I eyes and carry out critical observations yourself. You are trying to put up a lame excuse that jonathan budget was the same...Then I begin to wonder why was Jonathan booted out in the first place? wastefulness true or false?

obailala:
Lol.. the Otuokean that you dashed your votes to, was his budget not faaaar worse?... Pot calling kettle black! #IberiberismPLC

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

dustmalik:
Read your comment again and see if it makes any sense at all. Too many children on Nairaland. This is why I avoid coming on here these days.

ceometromedia:
About 13 governors elected on the platform of the All Progressives Congress, APC were formerly members of the Peoples Democratic Party, PDP.

See list below:

1. Governor Ibikunle Amosun of Ogun state

Using the PDP platform, he was elected Senator for the Ogun Central district of Ogun State in April 2003
https://www.nigerianbulletin.com/data/attachments/51/51986-c7ffbd9b33b3e9a386c8ef38cdf2084d.jpg

2. Governor Nasir El-Rufai of Kaduna state

He served as FCT minister under the PDP
[img]http://www.nigerianbulletin.com/attachments/nasir-el-rufai-jpg.70682/[/img]

3. Governor Aminu Masari of Kastina state

Former House of representatives speaker under the PDP.
[img]http://www.nigerianbulletin.com/attachments/aminu-masari-jpg.70683/[/img]

4. Governor Abubakar Bello of Niger State

Former Commissioner of Commerce and Investment under PDP.
[img]http://www.nigerianbulletin.com/attachments/governor-abubakar-bello-of-niger-state-jpg.70684/[/img]
5. Governor Aminu Tambuwal of Sokoto

Former Speaker of the house of representatives under the PDP
[img]http://www.nigerianbulletin.com/attachments/aminu-tambuwal-jpg.70685/[/img]
6. Governor Abdulfatah Ahmed of Kwara state

Former Commissioner of Finance and development under the PDP
[img]http://www.nigerianbulletin.com/attachments/abdulfatah-ahmed-jpg.70687/[/img]
7. Governor Badaru Abubakar of Jigawa State

Former front runner of the PDP in Jigawa.
[img]http://www.nigerianbulletin.com/attachments/badaru-jpg.70688/[/img]
8. Governor Simon Lalong of Plateau state

Former speaker of the Plateau state house of assembly under PDP.
https://www.nigerianbulletin.com/data/attachments/51/51994-178b865e77978c574e5111d6fb86e2fe.jpg

9. Abdullahi Ganduje of Kano state

Former commissioner for local government and former Deputy Governor under PDP.

10. Governor Samuel Orthom of Benue state

Former Minister of Trade and Investment under PDP
[img]http://www.nigerianbulletin.com/attachments/samuel-ortom-jpg.70691/[/img]

11. Governor Tanko Al-Makura of Nasarawa state

Former frontliner of PDP in Nasarawa

12. Governor Abubakar Bagudu of Kebbi state

Former senator representing Kebbi Central under PDP

13. Governor Bindow Jubrilla of Adamawa state

Former Senator representing Adamawa North under PDP.

http://www.metronaija.com/2016/02/13-apc-governors-who-were-formerly.html

octopusfreaky:
@anonimi stop uploading pix in btw your comments jare ,,u will pay for my subscription ooo

sparkleboy:
Anything about Ooni goes straight to front page. Nairaland mods are obsessed with this King .haaaa

gunuvi:
Another owambe party opportunity

mikolo80:
of course you get what you pay for but why must the poorest people in the world pay 2 billion per kilometre of road or how many ppl salary can afford a 35,000 hit (fines should be rehabilitative not punitive),brt has almost disappeared. he is the best among the worst but he could do 10 times better if he wasn't an elitist. abi how many time you see awolowo impose unreasonable cost

eluquenson:
REVISITING SOME OF THE LATEEF JAKANDE'S GOVERNMENT ACHIEVEMENTS FROM OCTOBER 1979 TO DECEMBER 1983 (FOUR YEARS AND 3 MONTHS) IN LAGOS STATE
[img]http://4.bp..com/-V0NhGHyjMG8/UWlggCCvKbI/AAAAAAAAAXA/8W0vlN0V5o8/s1600/jakande2.jpg[/img]

* His government built the current Lagos State Secretariat which houses all the state ministries as well as the popular round house hitherto occupied by all subsequent governors of the state.

* His government built the Lagos State House of Assembly complex.

* His government built the Lagos State Television

* His government built the Lagos Radio

* His government built Lagos State University

* His government established General Hospital in zones all over the state with assurance of free health care.

* His government established Teacher Training College and the College of Education.

* His government built low cost houses in Ijaiye, Dolphin, Oke-Afa, Ije, Abesan, Iponri, Ipaja, Abule Nla, Epe, Amuwo-Odofin, Anikantamo, Surulere, Iba, Ikorodu, Badagry, Isheri/Olowu, Orisigun etc.

* His government established the Water Management Board and Waste Disposal Board on the 18th of August, 1980.

* His government constructed the Adiyan Water Works to increase water supply in the state to 18.16 million litres per day.

* His government modernized and expanded the Iju Water Works which was first commissioned in 1915. This increased daily capacity from 159 million to 204 million litres per day.

* His government purchased and commissioned the giant car crusher equipment. The equipment was designed specifically to crush derelict vehicles in Lagos State. It had the capacity to crush 45 vehicles per day.

* His government constructed, rehabilitated and resurfaced Epe/Ijebu-Ode Road, Oba Akran Avenue, Toyin Street, Town Planning Way, Alimosho-Idimu-Egbe Road, Idimu-Iba-LASU Road, the new secretariat road and several others.

* His government constructed Victoria Island/Epe Road and thereby creating an ‘oil rig’ for Lagos State.

* His government established Asphalt Plant for the Department of Public Works.

* His government established Electricity Board for Rural Electrification with provision of street lights.

* His government modernized, expanded and commissioned Onikan Stadium in 1982.

* His government established a singular school system and ensured genuine free education in Lagos State and the beneficiaries of this policy are in different positions of eminence in the country and around the world.

* His government raised the primary schools in Lagos State to 812 with 533,001 pupils (against 605 primary schools with 434,545 pupils he met in 1979) and secondary schools to 223 with 167,629 students (against 105 schools with 107,835 students in 1979).

* His government constructed 11, 729 classrooms with the maximum of 40 children per class between March and August 1980, by 1983, he had constructed over 22,000 classrooms.

* In July 1983, two commercial passenger boats christened "Baba Kekere and Itafaji" to run the Mile 2 - Marina (CMS) route via the lagoons were inaugurated by his government to mark the official launch of the Lagos State ferry services.

* His government took over the ownership and financing of Lagos State Printing Corporation in July 1980

* His government established the first State Traffic Management Authority (Road Marshals).

* His government established small scale Industries Credit Scheme which preceded the EKO bank.

*His government established LASACO Insurance.

*His government expanded existing market and built new ones.

*His government established Traditional Medicine Board.

WHO SAYS 4 YEARS IN OFFICE IS NOT ENOUGH FOR MEANINGFUL ACHIEVEMENTS?

IT'S A FACT THAT 90% OF GOVERNORS IN NIGERIA SINCE 1999 WITH REVENUES AT THEIR DISPOSAL CANNOT BOAST OF A QUARTER OF THESE ACHIEVEMENTS EVEN WITHIN THEIR EIGHT YEARS IN OFFICE.

adeomolisabi:
Nothing "went wrong" with Fashola. The people with whom something "went wrong" are those who expect to receive electricity without actually having to pay what it costs to distribute it. Apparently many Nigerians would rather sit in darkness and queue for hours to buy fuel for "I pass my neighbor", rather than pay a rate for stable, reliable electricity that covers the distribution costs.

Other commenters have already explained the financial and legal realities well enough, so I won't bother repeating all of that. The only thing I'll add is that it's really quite shameful that so many people are quick to slur Fashola's character simply because he dares to say things they don't want to hear. Would you all prefer that he behaved like another of the many lying Nigerian politicians who have promised you "awoof" over the years, only to deliver nothing but broken promises in the end? Isn't it good to see a Nigerian politician actually show the courage to tell the harsh truth for once?

eaglechild:
We can't complete Lagos light rail project

We obviously can't complete Lekki international phantom airport.

And you will be the biggest fool to think that we can complete Eko Atlantic.

Use your head people where do you think we are getting all the money we are using to sponsor Buhari


www.nairaland.com/attachments/2079192_fasholaa_jpegfc425dbc9482db4d2098e4dd5e8bee75

Rolings:
Jealousy will kill you , it's obvious you have not been to Lagos in a while . Even diehard ipob members will not say what you have just said. Fashola is an achiever who achieved more than your hero.

eazydon:
At my backyard in Aba. our own train over here is very real. 2 times in a day it vibrates the ground.


www.nairaland.com/attachments/2079404_img20150113093139_jpeg8f36fa35ec568ebebe48dc9074e8a29d



www.nairaland.com/attachments/2079405_img20150113093149_jpeg45b4b86e153dd40d6444417ccd494db4



www.nairaland.com/attachments/2079406_img20150113093253_jpegcc2a295343e86e1d334e86c6a037f084



www.nairaland.com/attachments/2079407_img20150113093347_jpeg7aa09c0ad00e0efe871c8884a2c64f87

Firefire:
Fellow Nairalanders, in response to Fashola comments below on not receiving enough support from the federal government to complete the Lagos light rail project.

[size=15pt]
"Fashola said all over the world, when cities and states build municipal rails like what Lagos is doing, their central governments support them morally and financially"[/size]

https://www.nairaland.com/2120455/cant-complete-lagos-light-rail

Few months ago same Fashola said this:


[size=15pt]Lagos: How We Spent N160bn World Bank Loan on Light Rail Project[/size]

The Lagos State Government yesterday justified the N160 billion it borrowed from the World Bank, noting that the fund was channelled to finance its light rail (blue line) project.

However, the state government expressed disappointment at the progress of the project, which it said, was not executed as smoothly as possible, but was optimistic of its completion.

The state Governor, Mr. Babatunde Fashola, said this shortly after inspecting the light rail terminus at the Orile-Iganmu part of the state alongside some members of the state executive council.

Speaking with journalists, Fashola said the project would have been completed in another 12 months despite that the project execution was not as smooth and speedy as he wanted it.

The governor raised questions on the intention of the federal government for publishing the state debt profile in the recent time, wondering what could have informed the decision to make it public.

He said: “I think it was the Debt Management Office of the federal government that published the report that we have a debt of about N160billion. I do not know the intent of the publication.

“But if it was to inform the public, I think we have always kept the public informed anytime we borrow money. If there are other intentions behind that, only those who make the publication would know what the intentions are.

“But you see, when people talk about debt of a state like Lagos, they forget that after Nigeria, South Africa, Egypt and one other country, we have the fifth largest economy in Africa.

“When you are talking of about a billion naira debt to a population of over 21 million people; because if you are measuring the debt, you also have to measure the responsibility. Those are the things people keep in isolation.”

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.”

[size=15pt]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.[/size]

“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. [size=18pt]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.
[/size]

“Our rating as a state is the same as that of the Federal Republic of Nigeria, BB minus-stable with a positive outlook. We are the only state in Nigeria that has that rating. The first bond that was taken during my first tenure has been paid; the first tranche has been paid.

“I think the second tranche will be settled around 2016 or 2017. We are already making provisions. The provisions that will be there will be in excess of what is needed,” the governor said

Fashola expressed satisfaction on the progress of the light rail project, though decried the petty delay that was encountered as a result funding, saying the project would have should have been completed in another 12 months.

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

vanessaRN:
[img]http://3.bp..com/-8AVWqwZrVbc/VdZ1qPUoWWI/AAAAAAAGTb8/6VWx3RIYbFs/s400/1.jpg[/img]
This is the deplorable state of a part of the Lawanson Itire road in Surulere (Ramoni Bus stop) that has gradually been washed up by flood caused by blocked and overfilled gutters. Necessary authorities should look into it. More photos after the cut....
[img]http://2.bp..com/-DgMfKYAqWaI/VdZ1rU_8U6I/AAAAAAAGTcE/bT1OELLjGt0/s400/2AC2E42700000578-3171385-image-a-111_1437602379344.jpg[/img]
[img]http://4.bp..com/-5-0dZIpUcsY/VdZ1tOLLPFI/AAAAAAAGTcM/SZS39ZwnT6U/s400/3.jpg[/img]
[img]http://4.bp..com/-lGS5LxONYbc/VdZ1udlcO9I/AAAAAAAGTcU/gurLReK47Yk/s400/4.jpg[/img]
[img]http://2.bp..com/-bTZI5sdxQos/VdZ1x13c-0I/AAAAAAAGTck/FYtaQaoGzW4/s400/6.jpg[/img]
[img]http://1.bp..com/-BJNSVaJvSgo/VdZ1z7Ea91I/AAAAAAAGTcs/WBYd3dJDF1E/s400/7.jpg[/img]
[img]http://3.bp..com/-4xigGMQcnns/VdZ1wPqiMII/AAAAAAAGTcc/O3jy9rmoDzw/s400/5.jpg[/img]



Source : http://www.reportnaija.com/2015/08/the-deplorable-state-of-lawanson-itire.html