₦airaland Forum

Dharniel:
baba iyabo fun rara e, dey chop the life of your head dey go...

...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....
They too are seeking CHANGE!!!



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

Sincere9gerian:
Analysts at Ecobank Capital including the Head of Energy Research, Mr. Dolapo Oni, noted that the Federal Government had decided to retain its fuel subsidies at least for another quarter as the PPPRA had recently selected 29 petroleum marketers to import 1.6 million tonnes of petrol, approximately 2.1 billion litres, for the third quarter of the year.

They said, “The decision to retain the fuel subsidies is particularly surprising given the government’s fiscal position is significantly constrained by the drop in oil prices and difficulties in selling its crude.”

Sijo01:
Oga presido, you're wrong on this one. Nigeria is a rich country who's been/being robbed by her political elites.

persius555:
And u call piece of shit a rail road. Do u know how much debt the country's unborn generation will be made to pay for taking that loan? This is the problem with nigerians. Some people just settle for less(poverty mentality). GEJ and Okonjo took a loan of over one billion dollar for a world class rail project, they turn around and invest a misely 200 million dollar on old coaches that are not fit for World War Two era transportation system and divert the rest, then you post disgraceful images to commend those thieves for a job well done. We have been settling for less in decades that is why our country of 170 million people can only generate 4,000 MW after spending over 20 billion dollars. Bad leadership will thrive when you have docile followership.

StOla:
You're not ashamed to post those rural vehicles as trains in this modern era?

Did you see the type of railway developed by the other country that got a similar Chinese grant?

What a clown you are.

socialmediaman:
So you're happy that a 504 was bought for you at the cost of 500 million Naira? While the project is commendable (though the trains are outdated), we should get our balance back from the criminals who embezzled them.

These idiots live abroad as very law abiding citizens and they'll never try this over there because they know the law won't recognize your face, but they come home to Their own fatherland and try to destroy it, why should they be pitied?

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."

More from: https://nowtoronto.com/news/next-stop-nigeria/

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/

JingoOAU:
It's a pity same Gbaja was d arrowhead that saw to tambuwal being the speaker....

Politics and politicians are unpredictable

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


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searching4love:
NA HATE GO KEE YOU

2muchopoTBdope:
Yes, u are speaking the truth but can the Coach of Ifeanyi Ubah team stop lying to us DAT he is 41??
If Amokachi is 41, then my dad is 26!

demmy0325:
.. Later they will say they rape them... ..

juman:
That means the order was not followed.

Jonathan is too weak to lead any country successfully.

naijainfogalery:
One guy said i will stop corruption but ended up encouraging it and anothrer one said i will stop it and is doing something about it,

Note: The two both said the but one acted

JuanDeDios:
I read our papers daily. Yes, most (at least, 50%+1) did not comply.

JuanDeDios:
Yes, but most MDAs did not comply. It was necessary for Buhari to give the order again.

Abugab:
And what happened with this directive till he handed over govt?
You TANoids just hate progress.
Some of you are arguing that same order was given by NOI in 2013, how come the MDAs never obeyed the orders?
Op, governance is a continuous process we know but the past administration only gave orders that were flaunted and disregarded.
Watch out how they will all conform with the current order soon and that will tell you the difference between the two govts and show you what is new about it all.

barcanista:
My Dear, what we are witnesing is BUHARInomics that defies common sense and has no positive to Nigeria's growth. I summarised it here...

The Buhari/Emefiele Situation
1. The CBN has stopped receiving dollars from banks, as a result the banks has stopped accepting dollars at the counter because their vaults are full.

2. As a result of 1(above) the banks also refuse to request dollars from the CBN's foreign exchange reserve. The CBN will then come out to scream "RESERVE IS GROWING".

socialmediaman:
Even with drop in oil revenue? I laugh. I remember one time an ex-president told workers to prepare for hard times just because he could not control corruption and funds leakages and theft that dwarfed government revenue