ijekul: Technical Consultants Advised Amaechi Against Monorail Project After Collecting N22bn
As the Judicial Commission of Inquiry set up by the Rivers State Government to probe the sale of valued assets of the state and other matters continued its sitting on Friday, the technical consultant to the state on the monorail project, Arcus Gibbs revealed that he advised former Governor Chibuike Amaechi against continuing with the project.
Managing Director of Arcus Gibbs Nig Ltd, Wiero Viguezang, however said his company gave the advice only after collecting N22.9bn from the Rivers State Government since its services were enlisted in March 1, 2010.
Viguezang spoke when he appeared before the commission to explain the role played by his company in the monorail project being probed by the commission.
While being cross-examined by counsel to the commission, Dr. Zaccheus Adangor, Viguezang, stated that the monorail project was no longer tenable considering the shortfall in the state’s revenue and the inability of its original technical and equity partners, TSI Nig Ltd, headed by the former military administrator of Rivers State, Brig-Gen Anthony Ukpo (Rtd.), to fulfil its obligations to contribute 80 per cent of its equity holdings.
He disclosed that the state owes his company N1.1bn for its services. He also said the company had in a letter to the Rivers State through the ministry of transport, in April, made a six-point recommendation to the Rivers State on how to unbundle the monorail project in such a way that the state government can salvage some financial benefits out of the N33.9bn so far invested in the project. The monorail project was originally estimated to cost about Euros2250m.
The technical partner had in its sixth point of recommendation suggested to the Rivers State Government to unbundle the monorail project and approach the manufacturers of the mechanical components and rail tracks in Germany and exploit the possibility of reselling components at a lower price to the manufacturers.
He said the company also advised the state government to consider the option of using the monorail facilities for other commercially viable purposes, mentioning the spaces between pillars and surrounding areas of the monorail project, stressing that the area between Azikiwe Road and the UTC axis could be put into very fruitful commercial purpose. Viguezang also told the commission that his company and the state government had planned to unveil the monorail project last April specifically to mislead the people of Rivers State into thinking that the project, which has gulped N33.9bn, was still on course.
He admitted that his company wrote a memo to the commissioner for transport to arrange the unveiling of the project essentially for media coverage since the project was “technically uncompleted”.
According to Viguezang, “We actually wrote to the ministry of transport in January, to arrange for the governor to unveil the monorail project in April for the attention and coverage of the media based on the expectation of the people of the state.”
When asked to clarify if the unveiling was to deceive the people of Rivers State into believing that the controversial monorail project was ready, Viguezang admitted; “It was to deceive the people into believing that the monorail project was at last ready”.
The managing director, however, stressed that “apart from the media coverage and public attention that it is expected to generate, the monorail was not technically and commercially ready. Only phase 1a within phase 1 of the project was ready. So, there was no way the public would have been able to use the monorail as at April when we asked the ministry of transport to unveil the project to the media”.
Viguezang admitted that the Rivers State government enlisted services of Arcus Gibbs at the cost of N600 million from March 1, 2010 to December 1, 2010, after the memorandum of understanding (MoU) with TSI collapsed because TSI could not raise revenue to fulfil the payment of its 80 per cent equity share capital.
He stated that part of its role as the technical service provider to the Rivers State government concerning the monorail project was to evaluate and assess the activities of TSI and give an independent opinion to the Rivers State government.
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.
Yomieluv: one thing is certain in life,which is change.
the decimation of PDP cant be written without the mentioning of the Slayer which is Tinubu.
They sold you a dummy and you bought it. Does that mean you are a DUMBO The worstest elements of PDP simply moved into APCheat where they CHANGEd into progreTHIEVES with the other crooks already there who know how to PRETEND very well.
AmaeTHIEF should tell Oshi_Omo_Ole that stewpid line since he has been wailing about several money stolen in the last administration. I thought he would stop after getting Buhari's approval for $75 million loan but NO. The useless SMD's mouth continued to leak like rotten VVF afflicted toto wey want form virgin.
lonelydora: Una like am or not, Amaechi must be made minister come Tuesday.
That is very likely since our "strong, incorruptible man of integrity" Buahri would do all in his power to ensure the man who shared $$$$$$$$$$$$$$ he STOLE from Rivers people to ensure he gets nominated last December is compensated to CONTINUE stealing from the Nigerian people, not so
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.
demolinka: Wike, who was an integral part of the last government for years, what does he have to show for the ministries he oversaw?
Maybe you should ask the representaTHIEVES who were majority APCheat with Speaker Tambuwal. Abi na wetin be their OVERSIGHT function for which we pay them bogus amounts monthly that "strong, incorruptible man of integrity" Buhari has NOT reduced almost 150 days of rudderless governance?
ijekul: Technical Consultants Advised Amaechi Against Monorail Project After Collecting N22bn
As the Judicial Commission of Inquiry set up by the Rivers State Government to probe the sale of valued assets of the state and other matters continued its sitting on Friday, the technical consultant to the state on the monorail project, Arcus Gibbs revealed that he advised former Governor Chibuike Amaechi against continuing with the project.
Managing Director of Arcus Gibbs Nig Ltd, Wiero Viguezang, however said his company gave the advice only after collecting N22.9bn from the Rivers State Government since its services were enlisted in March 1, 2010.
Viguezang spoke when he appeared before the commission to explain the role played by his company in the monorail project being probed by the commission.
While being cross-examined by counsel to the commission, Dr. Zaccheus Adangor, Viguezang, stated that the monorail project was no longer tenable considering the shortfall in the state’s revenue and the inability of its original technical and equity partners, TSI Nig Ltd, headed by the former military administrator of Rivers State, Brig-Gen Anthony Ukpo (Rtd.), to fulfil its obligations to contribute 80 per cent of its equity holdings.
He disclosed that the state owes his company N1.1bn for its services. He also said the company had in a letter to the Rivers State through the ministry of transport, in April, made a six-point recommendation to the Rivers State on how to unbundle the monorail project in such a way that the state government can salvage some financial benefits out of the N33.9bn so far invested in the project. The monorail project was originally estimated to cost about Euros2250m.
The technical partner had in its sixth point of recommendation suggested to the Rivers State Government to unbundle the monorail project and approach the manufacturers of the mechanical components and rail tracks in Germany and exploit the possibility of reselling components at a lower price to the manufacturers.
He said the company also advised the state government to consider the option of using the monorail facilities for other commercially viable purposes, mentioning the spaces between pillars and surrounding areas of the monorail project, stressing that the area between Azikiwe Road and the UTC axis could be put into very fruitful commercial purpose. Viguezang also told the commission that his company and the state government had planned to unveil the monorail project last April specifically to mislead the people of Rivers State into thinking that the project, which has gulped N33.9bn, was still on course.
He admitted that his company wrote a memo to the commissioner for transport to arrange the unveiling of the project essentially for media coverage since the project was “technically uncompleted”.
According to Viguezang, “We actually wrote to the ministry of transport in January, to arrange for the governor to unveil the monorail project in April for the attention and coverage of the media based on the expectation of the people of the state.”
When asked to clarify if the unveiling was to deceive the people of Rivers State into believing that the controversial monorail project was ready, Viguezang admitted; “It was to deceive the people into believing that the monorail project was at last ready”.
The managing director, however, stressed that “apart from the media coverage and public attention that it is expected to generate, the monorail was not technically and commercially ready. Only phase 1a within phase 1 of the project was ready. So, there was no way the public would have been able to use the monorail as at April when we asked the ministry of transport to unveil the project to the media”.
Viguezang admitted that the Rivers State government enlisted services of Arcus Gibbs at the cost of N600 million from March 1, 2010 to December 1, 2010, after the memorandum of understanding (MoU) with TSI collapsed because TSI could not raise revenue to fulfil the payment of its 80 per cent equity share capital.
He stated that part of its role as the technical service provider to the Rivers State government concerning the monorail project was to evaluate and assess the activities of TSI and give an independent opinion to the Rivers State government.
kahal29: ■ Over alleged plot against Buhari, as APC leader moves to close rank with Saraki
BY LAWRENCE ENYOGHASU
Security agencies have launched a surveillance ring around a leader of the ruling All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu and others, including some members of the National Assembly, over an alleged plot against President Muhammadu Buhari.
The plot, which presidency sources said is not unconnected to the decision of President Buhari to dump several nominees submitted by some party leaders and political godfathers for ministerial appointments, has led to a move to mend fences between the two major contending forces in the Senate.
Intelligence reports had revealed that some state governors, party leaders and political godfathers, whose nominees were dumped by the President for his preferred candidates, have begun to “unleash their goons in a well coordinated media campaigns and groups’ protests against Mr President’s choice of ministerial nominees”
Saturday Sun gathered that of particular interest to some intelligence agencies keeping a tab on the plot “is the decision of an APC leader in the South-West to jet out of the country the moment he realised that he could not push through his ministerial nominees, only to be coordinating attacks against the President from his base outside the country.”
A top official in one of the nation’s intelligence agencies leading investigations into the alleged plot told Saturday Sun on condition of anonymity, “because the investigation is still at the preliminary stage”, that “a particular political godfather who has been spearheading the campaign to remove the Senate President, Dr Bukola Saraki has suddenly turned round to be reaching out to Senators in his (Saraki’s) camp to mend fences so as to form a joint force to launch an attack against the President.”
“We are following all of these clues and leads including promises by the same person to help crush the criminal charges against a leading Senator. This brand of politics will in no way help the ruling party and the nation. One man must not have his way in all cases and in every arrangement”, the source added.
Though the source did not specifically mention Tinubu in the chat, the APC chieftain, however, fits into all the descriptions. It was also gathered that the presidency is already bracing up for the emerging development.
It was not clear as at press time whether the Saraki camp will accept the peace deal being offered by the party leader and support the alleged plot against the President coming at a time when the relationship between Buhari and Saraki appears to be coming on track.
A close associate of Tinubu, who pleaded for anonymity, however, told Saturday Sun that indeed the APC leader was badly hurt by the rejection of his ministerial nominees by Buhari, he would, however, not have a hand in pulling down “a house he almost single-handedly built with his efforts and resources.”
Saturday Sun had in an exclusive report before the release of the ministerial nominees reported the decision by President Buhari to dump over 73 names submitted to him by state governors, APC leaders and political godfathers to draw up a list of his own choice of ministerial nominees.
Indeed, when the list was unveiled last week, many of the party leaders including Tinubu were upset and left in shock. Rather than pick the choice of Tinubu in the South West, Buhari selected former Governors Babatunde Fashola (Lagos) and Kayode Fayemi (Ekiti), both estranged political godsons of Tinubu.
The party leader could also not get human rights activist, Mr. Femi Falana (SAN), Prof Pat Utomi and his former Commissioners for Information and Finance in Lagos, Messrs Dele Alake and Wale Edun, respectively on the list. Falana had been tipped to emerge as the Attorney General of the Federation and Minister of Justice, Alake as Information Minister and Edun as Minister for Finance.
In Osun, while Governor Rauf Aregbesola is pushing the nomination of his immediate predecessor, former Governor Olagunsoye Oyinlola, in deference to an accord leading to the latter’s defection to APC, Tinubu is said to be backing the governor’s Chief of Staff, Alhaji Gboyega Oyetola, who is his (Tinubu’s) blood relation.
In Ondo, the party leadership in the state is pushing the nomination of its governorship candidate in 2012 poll, Chief Rotimi Akeredolu SAN, while Tinubu is backing his bosom friend and APC National Vice Chairman, South West, Chief Pius Akinyelure.
Ok. No problem. I will let you continue your boot-licking job of those who DEPRIVE you & us turning their 200 million mumu fellow citizens into DEPRAVED people crossing the desert and Mediterranean Sea to become oyinbo SLAVES. Classic case of the fool that is thirsty in the abundance of water.
byrron: What do you expect when Rogues are elected and are constitutionally empowered to screen fellow rogues?
You should please correct yourself, bros. There are NO rogues in the saintly progreTHIEF gathering called APCheat. Since they are MAJORITY in the senate, therefore we do NOT have rogues to screen rogues. QED!!!
collinsVP: Why on earth will any one create enemity for oneself in the name of politics. They are indifferent bunch of cruel individuals that never considered the interest of ordinary Nigerians before making decisions.
Political hulks creeping in. PMB beware.
You mean Buhari should beware of the man whose $$$$$$$$$$$$$$ STOLEN from the Rivers people that should have provided:
- free education for ALL children. - tap water - good roads. - health clinics and general hospitals - thereby generating EMPLOYMENT for our youths
saved his party's nomination from going to Atiku
Please tell me you are joking. Are you joking or just seriously joking?
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.
Truckpusher: Olodo, for once use your blood dripping brain.
Your olodo General has been lobbying the senate to give a soft landing to his corrupt bunch of minister nominees and you're here puking on your boxers.
Erhm, excuse me Mr. Truckie, take ya time oh. How can you say the heavenly-sent saints for our "strong, incorruptible man of integrity" president are corrupt. Abeg nor talk am again oh
ijekul: Technical Consultants Advised Amaechi Against Monorail Project After Collecting N22bn
As the Judicial Commission of Inquiry set up by the Rivers State Government to probe the sale of valued assets of the state and other matters continued its sitting on Friday, the technical consultant to the state on the monorail project, Arcus Gibbs revealed that he advised former Governor Chibuike Amaechi against continuing with the project.
Managing Director of Arcus Gibbs Nig Ltd, Wiero Viguezang, however said his company gave the advice only after collecting N22.9bn from the Rivers State Government since its services were enlisted in March 1, 2010.
Viguezang spoke when he appeared before the commission to explain the role played by his company in the monorail project being probed by the commission.
While being cross-examined by counsel to the commission, Dr. Zaccheus Adangor, Viguezang, stated that the monorail project was no longer tenable considering the shortfall in the state’s revenue and the inability of its original technical and equity partners, TSI Nig Ltd, headed by the former military administrator of Rivers State, Brig-Gen Anthony Ukpo (Rtd.), to fulfil its obligations to contribute 80 per cent of its equity holdings.
He disclosed that the state owes his company N1.1bn for its services. He also said the company had in a letter to the Rivers State through the ministry of transport, in April, made a six-point recommendation to the Rivers State on how to unbundle the monorail project in such a way that the state government can salvage some financial benefits out of the N33.9bn so far invested in the project. The monorail project was originally estimated to cost about Euros2250m.
The technical partner had in its sixth point of recommendation suggested to the Rivers State Government to unbundle the monorail project and approach the manufacturers of the mechanical components and rail tracks in Germany and exploit the possibility of reselling components at a lower price to the manufacturers.
He said the company also advised the state government to consider the option of using the monorail facilities for other commercially viable purposes, mentioning the spaces between pillars and surrounding areas of the monorail project, stressing that the area between Azikiwe Road and the UTC axis could be put into very fruitful commercial purpose. Viguezang also told the commission that his company and the state government had planned to unveil the monorail project last April specifically to mislead the people of Rivers State into thinking that the project, which has gulped N33.9bn, was still on course.
He admitted that his company wrote a memo to the commissioner for transport to arrange the unveiling of the project essentially for media coverage since the project was “technically uncompleted”.
According to Viguezang, “We actually wrote to the ministry of transport in January, to arrange for the governor to unveil the monorail project in April for the attention and coverage of the media based on the expectation of the people of the state.”
When asked to clarify if the unveiling was to deceive the people of Rivers State into believing that the controversial monorail project was ready, Viguezang admitted; “It was to deceive the people into believing that the monorail project was at last ready”.
The managing director, however, stressed that “apart from the media coverage and public attention that it is expected to generate, the monorail was not technically and commercially ready. Only phase 1a within phase 1 of the project was ready. So, there was no way the public would have been able to use the monorail as at April when we asked the ministry of transport to unveil the project to the media”.
Viguezang admitted that the Rivers State government enlisted services of Arcus Gibbs at the cost of N600 million from March 1, 2010 to December 1, 2010, after the memorandum of understanding (MoU) with TSI collapsed because TSI could not raise revenue to fulfil the payment of its 80 per cent equity share capital.
He stated that part of its role as the technical service provider to the Rivers State government concerning the monorail project was to evaluate and assess the activities of TSI and give an independent opinion to the Rivers State government.
Truckpusher: You've finally gone bunkers - PDP did it but the APC promised change , so ? Or are you simply having diarrhea of he brain?
The fact that the PDP did it doesn't make it right and in politics horse trading is allowed.
What do you expect from someone who has been inflicted by the broom-induced juju of APCheat wey turn am to instant ZOMBIE Abeg make we pity the poor fellow o jare. To the change = SAME past criticised behaviours.
joseph1832: 6. How many Nigerians did Innoson employ? Did it suddenly quell the unemployment scourge in Nigeria?.
Innoson employed NO Nigerian. As in ZERO Nigerian was employed. Happy now
Then when we call you APCheat supporters zombies under the influence of broom-induced juju una go dey hala, dey vex like person wey dem put pepper for im blokos
OZAOEKPE: "I've gone through the manifestos of APC, I didn't see anything as 'selfie' there, for how long are they going to take 'selfie'? And the annoying thing is that, apc e-rats will come online to praise them. I don't understand this 'juju' at all". Quote me anywhere
I quote you o bros. The juju don turn them to ZOMBIES finish, walahi
joseph1832: At this juncture I am forced to ask you what the past administration did?. You complain of the present administration being slow, kindly tell me how fast the past administration was in implementing policies and list the achievements of the past administration that has affected your life personally.
I await your response madam.
If you dey ask genuinely to seek knowledge about Jonathan's achievements in just five years at the FEDERAL administration, you can START with 15 pages on the thread below for just some verifiable SAMPLES of the comrative STERLING quality of what he did in such a little time.
Politics › Re: Wike’s Panel Claim That Amaechi Stole Billions Is Idiotic – APC by anonimi: 2:16pm On Oct 11, 2015
