Kukutente23:

It is you who needs to read procurement act EPC contracts go to bidding and tenders board. Even Umahi never said what you're saying. What he said is that they for a certificate of no objection from BPE based on the antecedents of the contractor.

The project cost is not $15bn. That's the road component of the project. The cost of rail is still unknown. Govt is providing $4bn out of which $1bn has been released. I've changed to dollars so you don't keep getting confused.

I find it absurd that instead of educating yourself properly, you just jumped to govt defence. This is modus operandi of Zombies and you're just a bit better cause you've not gone the highway of tribalism or calling Obi names. But you need to educate yourself properly man.

Read the nonsense you just wrote again and tell me the problem of Nigeria is not Nigerians themselves. To paraphrase Ben Bruce, “feel free not to use the road” and wait for the govt to find the money to fix existing roads from its own coffers.

Kukutente23:

That's a lie. You're lying to defend govt and it's a pity when it's not like you're even going to make a kobo from the deal.
The project is EPC+ not BOOT. It was changed because the contractor did not have money. For BOOT, there might be no need for bidding but for EPC+ there is need for bidding. Why do you think even Tinubu's govt have been trying to hide the fact that there was no bidding behind BPE's certificate of no objection. It seems you know more than them!!

Govt part of the funding is 15% which is 4trn out of 15trn out of which 1.06trn has been released.
It is obvious you're not well informed but just here to defend what you don't know. I know you're not even aware that 15trn does not cover the total cost of the project.

Go and read the procurement act. This is EPC +F

You are the ignoramus. If you have good English comprehension and know how to convert dollars to Naira, you will have seen where I said the project costs $15b and the govt is only providing $1b. Do I have to spell out the implications of that to you?

Kukutente23:

That's a lie. You're lying to defend govt and it's a pity when it's not like you're even going to make a kobo from the deal.
The project is EPC+ not BOOT. It was changed because the contractor did not have money. For BOOT, there might be no need for bidding but for EPC+ there is need for bidding. Why do you think even Tinubu's govt have been trying to hide the fact that there was no bidding behind BPE's certificate of no objection. It seems you know more than them!!

Govt part of the funding is 15% which is 4trn out of 15trn out of which 1.06trn has been released.
It is obvious you're not well informed but just here to defend what you don't know. I know you're not even aware that 15trn does not cover the total cost of the project.

Go and read the procurement act.

Kukutente23:

4trn is not govt money?
Where did you hear that you don't do competitive bidding for EPC+

You don’t. You are invited. The procedure for award/ bidding etc depends on the method of financing. For instance Tax credit road financing is different.

The project is costing $15b, govt equity is $1b. The remaining $14b is not govt money. There is nothing like Govt’s N4T.

Chicagograduate:
I don't believe anyone can build a house in Lagos without approval from government.
In fact,officials move around Lagos to inspect and stop building constructions that are not approved by the government.
This is a land grabbing move b the government.

You clearly have never built a house in Lagos. Secondly, why are they never able to present the building approvals when the bulldozers turn up?

Is the $15b for Lagos Calabar govt money? No!

Is they don’t build the Lagos Calabar road will the $15b go towards existing roads? No!

Are they repairing existing roads? Yes
But at a slow pace because we have no money!

If they don’t construct Lagos Calabar will it make repairs on existing roads faster? No!

Know the facts before you comment.
Existing roads are being repaired but govt has no money so it is slow.
The money for Lagos Calabar is not govt money and if you cancel the project the money will not go to existing g roads because it is not govt money.

The money is not govt money and you don’t do competitive bidding when a private company is bringing its own money to finance a project. You do competitive bidding when the money you are spending is govt money. Atiku and Obi know these things but they just want to deceive ignorant and giluloible Nigerians.

The audacity of Atiku to talk of corruption.

@franking Read the bolded part

Nightwolf1:



No you are the ignorant illiterate here. You haven't fixed dilapidated roads yet you are constructing a new road that would take up to 8yrs to complete.

Why can't they channel the over one trillion naira for the coastal highway to fix the bad roads littered everywhere in the country since there is no money which had resulted in the slow pace of work on the other roads currently under maintenance?

Can you list the importance of the coastal highway let's see what is different from the existing East West road.

The only thing worse than an illiterate is someone who can read but does not understand what he read. It is not the government constructing the Lagos Calabar road it is a private company. It is not government money. It is private money. They are willing to construct that road because that road is profitable for them. The other roads are not so they will not deploy their money there.

Once again only $1b out of the $15b for Lagos Calabar is govt money, the remaining &14b is private money.. If you cancel the Lagos Calabar road you lose $14b worth of road construction that will not go to existing roads.

Don’t forget that $14b creates other jobs, employs workers, supports many other industries like cement, quarry steel rods etc.

Clearly the wofai girl herself is from a disreputable family. Which African family will conduct traditional wedding where the family of the groom refused to attend. It does not happen anywhere in African culture. It is a different matter if the 2 of them went behind their families and did a court marriage but an African family is performing a traditional wedding and no members of the opposite family?

It is an abomination and no wonder the Cole family don’t want him to marry her.

Also note: a traditional wedding not witnessed by the families is not recognized under Nigerian law. Go and verify

tishbite42:

Aristocrats that shamelessly murdered Princess Diana?!
Abeg leave matter
The Coles might be wary of this girl's past lifestyle
Forget aristocrats and commoners matter, your behavior matters a lot

This exactly why commoners and aristocrats do not marry. Your mindset is different, what is acceptable behaviour is different. Aristocrats are not loud, they control their behaviour, commoners have the mindset of I can do what I want, so you will end up disgracing the family.

You keep having to explain to a commoner what is not acceptable behaviour, dressing what is private what is public. Someone with pedigree knows because it has been programmed into them from the upbringing.

Note: being an aristocrat or having pedigree has nothing to do with money. Commoners do not understand this. There are rich commoners and struggling aristocrats. Under normal circumstances a rich commoner will still not be accepted.

Nightwolf1:



The common sense crooner is now senseless.

We are saying that the existing roads leading from Cross River State to Lagos State and the numerous bad roads across the country should be fixed.
The coastal highway shouldn't be a problem for now.


People are dying on these bad roads yet the govt priority is a coastal highway that we all know wouldn't be completed in 20yrs to come.

How is that a bad idea if I may ask Ben?

In a bid to support criminality they start sounding like uneducated people.

If this coastal highway is not all about criminality, they should equally award instant repairs for all the bad roads in the country and release a whooping 1 trillion naira to start up immediate work on them.

Most of you are ignorant illiterates. Dave Umahi has stated many times that all federal govt roads are being repaired. The problem is we do t have the money to repair all the roads quickly so work is slow. He stated categorically there are just under 3000 awarded road contract and there is none where work is not on going.

Now a private company comes with a proposal to build a new transformational road with their own money. The road will cost $15b, the government will put down $1b, they will finance the rest and recoup their money from tolls. Mind you the entire budget for Nigeria is just under $30b. Should the govt say no?

Is the $15b for Lagos Calabar govt money? No!

Is they don’t build the Lagos Calabar road will the $15b go towards existing roads? No!

Are they repairing existing roads? Yes
But at a slow pace because we have no money!

If they don’t construct Lagos Calabar will it make repairs on existing roads faster? No!

Know the facts before you comment.
Existing roads are being repaired but govt has no money so it is slow.
The money for Lagos Calabar is not govt money and if you cancel the project the money will not go to existing g roads because it is not govt money.

dominique:
So na dem get Aboyade Cole Street. Make dem rest jare. They're in no position to make decisions for their ADULT son

Just like meghan and Harry, this is why aristocracy and commoners do not mix. Commoners do not understand the ways of aristocracy and will eventually bring the family into disrepute.

datola:
Father is 38. Son is 30. How

I think fada is the name of the wife

@haven2010
@christlikeo01

I hope you are seeing what is happening between this wofai and the Cole family.

Any family with pedigree is very protective about who becomes a member of the family by marriage. You don’t develop a name over decades and centuries by intermarrying anyhow. You can’t just come from the streets and expect to be accepted. Thank God this is in Nigeria amongst blacks, I told you it is not because meghan is black or at least it is less because she is black but because her family has no pedigree.

nobaga:
Those who loot Central Bank so that their children can study RKRK Yoruba, Igbo and Islamic Studies abroad also got "good education " abi?

Hard to accept that once colonialists change your orientation to pursue and to yearn foreign indoctrination, you are better than locals.

You are missing the point. I am a firm advocate for reversing the inferiority complex and colonial mentality that we have as Nigerians, speaking in fake accents, having foreign names, always consuming western products and copying western way etc etc t. You will see this theme in my past posts whenever the need arose. I have even posted several times that I believed the biggest problem we have as a country is that our education is in English and not our native languages. That is a different matter, if your schools are bad they are bad. If you go to a bad school, most of your graduates are bad, it doesn’t mean you won’t have a few good ones but your university will gain a reputation for incompetent graduates and that reputation will contaminate the exceptional students just like a dullard who goes to a highly rated school will benefit even though he does not deserve it. If you go to a university that doesn’t have the right equipment, they don’t have the right equipment and that’s that, you can’t have the same knowledge and experience as a student who went to a university with that equipment. Foreign universities also have bad schools. How many Nigerian universities are rated?

Universitiy of east London for instance is a 3rd tier university, Yet today It is ranked higher (851-890) than the highest ranked public university in Nigeria I.e University of Ibadan in 1057. It’s not that UEL is a bad university, it is just ok, it is average, it is just there, it is nowhere near the best and yet our best is ranked below it? In the 70s and early 80s our universities used to be ranked along some of the best in the world. In the good old days even university of Ibadan will not employ a lecturer who graduated from the university of east London.

Put it this way, there was a time when a university of Ibadan degree was a university of London degree, that is how highly ranked our degrees were. Not equivalent to o! Not similar to, your degree from UI was B.sc London, same as someone who studied in London at imperial college, LSE etc etc.,

In the 70s and 80s our professor were renowned internationally, they were among the foremost authorities in their fields. That’s why we had professors like Wole Soyinka and chin-up Achebe, to name a few. How many Nigerian professors in public universities can hold their own with their international peers? The only exception is law.

anthropizzy:


Dear nairalander,

If I have a person like you in my talent resources team I will redeploy you out of that department with immediate effect because you have this condescending attitude towards Nigerian universities most especially lower-tier universities.

I have seen someone that graduated from a university in England and he knows nothing. A graduate from lasu dusted him.

You are part of those who believe that everything foreign is better than our own indigenous. There are brilliant minds in lower-tier Universities so therefore I will consider them and give them a chance, not all are dullards. They have brilliant minds.

In summary, not all graduates who finished at top-ranked Universities are brilliant while there are brilliant minds in lower-ranked Universities.

E.O.D

You are naive! The real world doesn’t work like that. I actually hate foreign things and colo mentality. If you read my posts, you will see me saying it many times.

I am telling you how the real world works. Even in England there are some universities you attend that the Goldman Sachs/citibanks of this world will never employ you. Why? Because they go to schools like Oxford/Cambridge/LSE/City/ to recruit interns even before they graduate. You attend university of east London you go apply tire with your 1st class, all you will get is thank you for sending your CV. They have already recruited the people they want to recruit for the star roles….investment banking trading floor etc. if they recruit you, they are recruiting g you for lesser roles like , accounts, IT and admin. The opportunity for you never exists because your school is not among the schools they go to to recruit. You then have to work your way through a lesser company and prove yourself there and earn a reputation then they may try to poach you.

Argue all you like about what should be, I am telling you what is. It doesn’t mean you won’t get a job or that good companies won’t employ you but you are at a disadvantage and some companies won’t even consider you. This is due to both real and perceived bias. There is politics and conscious and subconscious bias in everything including recruitment. Nobody ever said the world was fair. Your duty is to give yourself the best advantage and not to handicap yourself.

There are many intelligent people struggling in life because they do t get opportunities and there are many dullards supervising the intelligent. Why? Perception, connnections and access determines the quality of opportunities available to you, where and how far you get to in life than your intellect. It is the same all over the world. The quicker you get this the better for you.

nedu666:



So Hitech has 14 billion dollars to invest in a road project. Yet did not complete the lekki road project

I think part of the reason or the reasons they will give is because of the protests and destruction of the toll booths.

I am not holding brief for hi tech or Tinubu. I am just stating the facts as the are today. The road is not being built by the govt. …that is a major flaw in the arguments by the likes of Obi and Arise tv crew. If the project fails like it did with lekki then people can have a point but let us make the right (and factual) points when we argue.

Blazetrailer:
Do you in your mind think theyvwill do the 700km to Calabar?? Govt. is funding the mist lucrative part that will be tolled.

Time will tell, We shall see.

SoNature:


Umahi hasn't been consistent with how the project will be funded. Says something today and says a different thing tomorrow. That's why Atiku called it a highway of fraud.

I have watched his videos, he has said it countless times. If you have watched his videos you wouldn’t be saying that except you just want to cause problems. He said it when responding to Atiku, he said it when responding to Pandora.

The entire project is to cost about $15b, govt is only paying $1b. That is why it did. Or go through the normal bid process.

SoNature:
I criticised the project when it was awarded because I thought that the trillions of naira it should engulf should go into more important industries, chiefly agriculture and power.

But then, I have come to understand that this country doesn't understand what is called a priority and that has made it a big mess!

The main thing many people who claim to be knowledgeable (Obi and Rufai) seem to miss is that the project is not being wholly financed by the govt. Government is only paying about 10%. Umahi has said this many times but they never seem to hear or want to hear.

Government is paying for the 1st 34 Km out of 700km.

anthropizzy:


So the likes of Stanbic ibtc(multinational organization) that employ young graduates from Nigerian universities into their trainee program are unserious. Is that what you are saying?

Did I say so? Your response alone shows the problem with Nigerian graduates. Your English comprehension is poor.

Of course they will employ Nigerian graduates but there are graduates that are deployed to the less career progressive parts of the business and there are those that are deployed to the star roles. They are not going to send a graduate from Oxford or LSE to mundane roles. The minute the are employed they are seen as future CEOs with international connections from their universities, they are groomed as such. You on the other hand have to prove yourself.

Secondly, a firm like IBTC will get the best of the Nigerian graduates. I never said all Nigerian public university graduates are bad. What I also said is that there are certain public universities that will never make it into a company like IBTC.

anthropizzy:


Okay.

If i may ask, which firm do you employ for or work for as their talent resource manager?

Going by what you said, it is so wrong of you to be profiling graduates from Nigeria public universities as sub standard.
Talents are everywhere and as a good talent resource manager you are supposed to widen your search gap.

Oga I am telling you the reality. Life is not about what is fair, life is about what happens in reality. When you advertise for a job, you get many CVS, hundreds sometimes thousands, nobody has time to look through all of them. You need to give an employer a reason to stop and even read your CV.

If it is a computer that is sifting through your CV, it is looking for key words. If it is a human, the 2 things that will make him a recruiter to read your CV are the university you attended and/ or your class of degree. If a university has a good reputation, I will stop to read the CV, if it has a bad reputation or I have encountered a graduate from that University that turned out to be a quack, the next time I see that university, I won’t even read it except I see 1st class.

This is why sometimes when you apply for the best jobs at the best companies they don’t even reply because your Cv was not even read. Say you apply for a job at one of the top law firms in the country, the law firms know which Nigerian universities have goodie the best law programs. You are also competing with people who went to Cambridge , LSE, Oxford as well as 2nd tier UK universities like Coventry, Sheffield, surrey etc. so when you send your Cv with Michael Okpara university, it will never get read. Among Nigerian universities, the guy from LASU or Unilag, UI or Covenant will be always be ahead of you. It is only the jobs where these graduates do not apply to that your Cv may get a looked at. Even then you better have a 1st class.-

This is how recruitment works in the real world even abroad. You either go to the best schools or you try and get noticed by having a 1st class. As far as talent, sometimes you are not employed for your talent but your connections.

Renman:
The person who wrote the report is Eromo Egbejule..... so is he an Nnewi person

The article you posted shows the calibre of the journalist that wrote the article and lack of credibility. Forbes or no Forbes. N400,000 was not $1200 in 1982. He either started the business with $600,000 or N800…that was the exchange rate in 1982.

Somebody who could not even get that right clearly has rendered his entire article lacking in credibility. He clearly also does not know that “alumna” is used only for women. If you investigate the so callled Harvard, I am sure like many Nigerians these days who claim to have attended Harvard, just like Peter Obi they attended a 1 week course which is open to anybody if you can pay.

maasoap:


I finished university education when school fee was increased to 20k or thereabout. That was 13 years ago! Can you guess my monthly income now?
Though, the same school is now charging an average of 400k today

At the university of Ibadan, They only just increased it to 500k, it was that same 20k up until a month ago.

Jogs1900:

There was no billionaire in between 1950 to 1970

There was no billionaire even in the 70s. I doubt there was any even in the 80s. It is easier to be a billionaire today than in those days.

In 1979 for example the entire GDP of NIgeria was less than $50b. In 1971 it was less than $10b. In 1965 the GDP of the entire country was $5b!!

Very rich does not mean you are a billionaire, the and now. Though it is easier now.

Below is historical GDP of Nigeria.

PaChukwudi44:
The source is fake!! Did we even have Internet in 1965? Reno is a confirmed mad man

Jesus wept! What does 1965 edition of Time magazine have to do with internet? You are just showing how ignorant and unexposed you are. Time magazine has been published since 1923

Do you know what a magazine is?

It is like pointing you to an online link to a Nigerian newspaper article from 1965 and you asking was there internet in 1965?

How backward are you people? I really need to get away from Nairaland.

Jesus wept!

maasoap:


Government universities and polytechnics are subsidised, highly subsidised. The 20, 40 or 60k you mentioned was even like decades ago. They're paying as much as 500k in most universities today.

And how many medical doctors and nurses are our private universities producing yearly again?

It’s not decades ago. There was a report recently within the last 2 months where they protested increase. The previous fee was N20-30k.

https://www.nairaland.com/8064733/university-ibadan-students-lament-450750#129491008

Medicine is the one areas where public universities are still producing relatively good graduates.

maasoap:

You can type o! I couldn't even read it through.
BTW: should we now close down all federal and state universities since they're not in the category of the universities that are being attended by the children of affluent people?

Since you didn’t read my solution my answer to you is Why should we…they are producing degrees for people happy to earn 100k. And from this thread there are a lot of graduates happy to e arm 100k.

seunayantokun:

How true, and how sure are you with this your information?

I lived in the Uk for many years. Even from here in Nigeria after I returned I added my name to the vote’s roll to maintain my credit score.

anthropizzy:


I strongly disagree with you.

There are half baked graduate across all boards.

Your kind of employer that puts foreign graduates above Nigerian graduates is condescending.

It should be on can you do the job, do you have the required skills?

You have answered your own question


Most can’t. Speak to any employer. I am talking here about public universities.

Please when I say employer, I mean serious employers and serious jobs. I am not talking about marketing, admin assistants, receptionists etc. these are jobs for people with “O” levels not graduates.

maasoap:


You are missing the point and that's why your comments look stupid. The point is that not everyone can attend universities where they are charging N 5 million per session

I am sorry to break it to people but university is not for everybody. Our forefathers (check the biographies of the likes of Zik and Awo) worked to pay for their education themselves. It was only because of skills shortage post independence that some regions decided to make universities free to produce skilled graduates.

As with every subsidy, we take it too far. It is like introducing food palliatives during Covid and now every small thing food palliative. People now feel entitled to food palliatives. Even during during Covid, it never got to everybody.

Majority don’t want to send their children abroad, in my time it was children who failed waec and jamb that went abroad and a small number of children of aristocrats and I mean the real aristocrats. Everybody else plus poor man plus children of president, CEOs etc went to he same universities and we got good education, shared rooms and had a blast! Firstly it is expensive and secondly they are sending them abroad at a delicate age when they can’t be supervised. Families are split up because sometimes the wife moves abroad to get a job to monitor the kids as well as to earn an income. Nigerian parents do not want their children to be abroad being 8nfluenced by all the nonsense going on there. The reason parents send their kids abroad is that people who insist on free or cheap university fees have made Nigerian public universities unviable for the best lecturers and children of the middle class and above unwittingly killing the universities. If universities have low income they can’t afford the best lecturers. The quality of education goes down so you don’t send your kids there and the cycle goes on and on to the point where a graduate from a typical Nigerian govt university is a no better that a secondary school graduate in my time. And so they get paid accordingly.

If govt universities increased fees to a more realistic level (1-5m) depending on the university, the quality of the teaching (staff) the facilities and the graduates produced will increase. A poor student who attends that university will get quality education. The children of the middle class and elite who spend tens of thousands of dollars a year will stop sending their children abroad. The children of the poor will benefit from forging contacts with the children of the elite. The reputation of the university will increase and open doors for its graduates, not the case of today where you need to have a 1st class for an employer to even read your CV for a serious job…except it is a low level job like marketing, admin assistant receptionist etc. did you go to university to be a receptionist or PA? But that’s what happens when you pay 40k in university tuition.

The question is how do you finance university education for the poor who are academically gifted? Not that we drop the quality of our universities to accommodate the poor which is what we have done and in the end nobody benefits. Ok so the poor child has a degree that is not rated in the market place, what is he benefit or the 4 yr education?

. For me every university should run it’s figures and come up with what is economically viable fees to attract the best lecturers and facilities . If for instance the real number is 3-5m in a state university and 8M in a university like UI (these are made up figures, they could be less and could also vary by course) they then add a percentage (between 20-50) depending on the intake demand for that university. Those who can pay will pay, trust me the people sending their children abroad will pay because it is a lot cheaper than sending their children abroad so long as the quality is assured. The extra percentage above the true cost will now help finance the fees of the gifted poor students. This is what they do in the Uk, foreign fees help to subsidize home students fees. Similarly higher fees can help finance the fees of the poor. In addition students loans can be offered to students to make up the difference. Also a university will set up a certain number of scholarships for exceptionally gifted students from poor backgrounds. We can have endowments, corporate scholarships etc. the point is once you present your degree from that university whether you are rich or poor, employers take you seriously and won’t be offering you N100k jobs. The only problem I have is the insistence on cheap fees over the years has destroyed our universities entrenched quacks in tenured positions that it is difficult to attract the students who will pay those fees. It will take a while to turn around our universities so they can attract students willing to pay the fees required to subsidize the poor. I.e my fear is we have Created a monster that is difficult to tame.

Again it is not everybody that should be in university. There are many poor students who are in university not because they are intelligent but because university is cheap. This is also why they go ther and become cultists. If your parents borrowed to send you to university ( like many of the parents of the children who school abroad) you won’t go there to join cults.

There are many solutions to the university conundrum, the point is like electricity, petrol and all other subsidies, in the end they all break down and they benefit nobody. You want petrol, pay the market price you will get, you want electricity, pay the market price you will get, you want good education pay the market price you will get. The question is how do you finance university education for the children of the poor that DESERVE to be in University. Again I stress university is not for everybody.

There is a difference between what it costs to train a quality graduate and what the masses can afford. If you insist that you are not paying more than “X”, the quality of the education you receive will drop to match the “X”you paid.

Lemos14:


You never make any sensible comment. You're just dull from head to toe. Enjoy your stolen rep funds and when you die carry the funds to hell also. We already know who you are here. Keep quiet if you have nothing to say abeg.

You go to a university with fees of N50k, not only do you get N50k education, you get 50k mentality. That’s why someone can say 100k is a good salary for a graduate because many graduates earn 100k

You go to a good university you elevate your outlook and mentality because you rub shoulders with people who expand your horizons. In a 50k university you are rubbing minds with low level people, cultists etc. your colleagues are never people who can help you in life. Your classmates are not children of multinational executives, bank executives, perm secs, ministers, governors etc because they don’t send their children to 50k schools. So you will never have the right contacts even if you are intelligent. The kind of people you go to university with are people whose parents are ok sending their children to a mediocre university. Such people cannot help you climb or access the career ladder.


Abuse me all you like this is a fact of life. Apart from education, University is where you make the lifelong contacts that will make or break you and determine the trajectory of your life and your fate.

Check all the successful people in Nigeria today, their paths crossed in university.

blueAgent:


Sorry.

I failed to realise your username "casual observer"

You are the same dude that talks off point.

There is no point debating with you, your head needs some knocks to put it right.

There are graduates earning 100k, there are graduates earning 1m+. A major determining factor is the university you attended and the quality of your degree. If you think you can pay 50k Naira in university fees here in Nigeria and get the same jobs as those who paid 10,20,50k dollars in university fees, that alone is a reflection of the education you received.