₦airaland Forum

Obi1kenobi:
As always, there are always a mountain of excuses, hiding under the unoriginal fact that not all conditions are perfectly equal. I have just gone through 3 different articles about the Blue Line and none has alluded to the roads being included in the cost estimate. You're free to supply links as to the full costs of the constituent parts of the project for us ignorant folk to learn.
For someone who lobs words like "ignorance" a lot, you've not even attempted anything resembling a coherent rebuttal of anything you disagree with. Just casts slurs and when all fails, starts rambling about IPOB.

https://www.businessdayonline.com/wp-content/uploads/2015/10/rail-project.jpg


https://i.imgur.com/OrGGbjd.jpg

https://i.imgur.com/Cd3btDK.jpg

https://i.imgur.com/1Nzsgj9.jpg


https://c1.staticflickr.com/1/530/19524433956_d1506d22c9_k.jpg

https://i.imgur.com/2xRX37E.jpg

https://i.imgur.com/2aQjQKS.jpg



https://i.imgur.com/v7LcOnD.jpg




1. Lagos Metro is sharing path with the associated projects like the 10 lane freeway at the same time so common sense whould tell you that there are associated cost.

2. Building Metro rail bridge across the lagoon from Lagos mainland to Lagos island is similar to what country?

3. Do you mind telling us how Ethiopia also built Metro rail bridge over the lagoon in their country?

4. Do you mind showing us how other countries built metro rail over marshy terrain and how much it cost them to do that?



Please show us their rail system in Ethiopia and lets compare, I'm actually daring you.

Again, your ignorance and shallow talk is appalling and nauseating.

shervydman:
I now see the reason why someone made a notion of not debating with u earlier. Go and relax ur brain. U're going off point. We've said it countless times that 1kw cost about $1000, what other cost analysis do u want? When the main project cost less than $600m, ur vague excuses of land, manpower n Co will cost about $400m?Oga, go to bed before u boil over.

What you copied and pasted including the other ignorant claims spewed in this thread.

Was thew price of land part of that basic cost?

Was the price of buying, shipping, clearing and transporting tools, machinery and equipment to the work site part of that copy and paste cost.?

Was the price of importing, feeding and housing engineers and power experts needed to work on the project for part of that cost?

Was new 58 km transmission line included in your basic cost?

Don't you want to show us your copy and paste basic cost with all the above included?

Shouldn't common sense tell you that basic cost in the USA is obviously not going to be the same basic cost in Nigeria.

Elementary school children get sense pass many of you for real.

shervydman:
This is exactly what I expect, it's a PPA( power purchase agreement). So u expect a company to build a power plant at an expensive rate and not make a profit? I guess u need to have a full understanding here before sounding ignorant. Do u think qua iboe is a charity organization?.

Oga, that amount is too much. Every Nigerian will suffer d consequences cos the government will have to buy generated electricity from the company.

Sounding ignorant is you making generalized claims and labeling the project expensive without facts to base your assertion on.

You don't have facts, cost analysis or any knowledge about the project and since the meaning of ignorance is lack of knowledge, it means you are ignorant unless you have facts like cost analysis to base your claim on.


Look in the mirror.

Obi1kenobi:
Ethiopia are certainly an impressive country in their prudence. Their power plants are vastly cheaper than similar projects in Nigeria, but even more stark is the rail infrastructure and the comparative heist that is Nigeria's rail projects. Ethiopia built a standard-guage, 750km, electric-powered (ours is even anachronistic diesel trains) trains, complete with 39 stations and linking with Djibouti for "just" $3.4 billion. Even the Kenyans were screaming "murder" when their own ambitious rail project cost more per km than their Ethiopian neighbours.

Meanwhile, the Lagos Blue Line rail project connecting Okokomaiko with Marina costs $1.2 billion for just 30km. That doesn't factor the other lines. Read that and weep.

There are always all sorts of excuses for the inflation. Cost of land....blah blah blah.

Lagos Blue Line rail project is not a stand alone rail project and there are other components associated with the project and for you to equate the project with again one of your imaginary similar projects is again nothing but ignorance on your part.

Lagos Metro Raill system is not any other project in Ethiopia or like any project in Africa, it's a combination of a 10 lane 50 klm freeway system with rail and BRT access over marshy terrain with many metro stations and a bridge construction over the Lagos lagoon to take the metro rail from Lagos mainland to Lagos island.

Now, how similar is the project to your so called similar projects.?


There's got to be more to you as a human being than half baked thoughts, baseless comparisons and ignorance.

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shallysgirl:
Wait o, how is ogun better than any state in the SE?
Are civil servants not being owed in ogun state?
do they have pipe borne water and electricity in ogun state?
Are the schools and hospitals 100%?
Do lecturers not go on strike in ogun state?
are the roads in ogun state paved and in good condition?
Are infrastructure 100% in ogun state?
is there social security in ogun state?
are the aged in being taken care of in ogun state?
Are the youths in ogun state fully employed?
The youths in ogun state didn't hustle for 30k npower jobs?
My dear, in Nigeria, igr is overrated.
With you extra large igr, your state isn't better than mine. Anambra state di ..nma.
SE Nigeria Di ok

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Is Ogun generating more IGR than the rest of your ipob villages combined? Yes Or No?

naijaguy77:
Fashola is not doing anything please. The Power Sector Roadmap was developed by the Obasanjo administration and finally implemented by the Jonathan administration.

Everything you are seeing happening now is simply what is expected. Fashola has not added a single word or punctuation to the Regulatory Framework for the Power sector in Nigeria.

Full Speech: Fashola Unveils FG’s Road Map for Solving Nigeria’s Power Crises

Babatunde Fashola, Minster for Power, Works and Housing, says the Federal Government’s road map for solving the country’s power crises is to attain incremental power wherever it can be found, thus achieving steady power and ensuring uninterrupted power supply. Fashola stated this while delivering a lecture titled: ‘Nigeria’s electricity challenges, a road map for change. See the speech below.


http://www.nigeriaelectricityhub.com/2016/05/06/full-speech-fashola-unveils-fgs-road-map-for-solving-nigerias-power-crises/

WRONG.

Stop lying.

Fashola drew up his own road map from scratch.

chloride6:
People that are saying that it is private project with no goverment intervention are uneducated people with no idea of the macro economic effects of things like this.

This is the exact reason we are poor. A company that builds a $1 billion power plant as against $540 million for the same plant will justify its investments by its returns.

And who do these returns come from? You guessed right. The masses.

Market forces determines what you are paid for your product.

kjhova:
I read an analytical work about two years ago about gas fired generating plants in Texas at average cost of $400M per 1,000MW. Since then, I have tried to compare to projects in Nigeria and elsewhere in Africa and non has come anywhere near close to being this cheap (West African projects being markedly more costly than those in North and Southern Africa)!

Now this QIPP is $1.1B for 540MW.

I am no expert in power projects and my understanding is at best that of a nominal observer. However, I want to be fair enough to accept that such projects could be genuinely costlier in Africa due to several costs possibly including; shipment, FX, finance, additional training, expatriates, necessary maintenance, ancillary infrastructure etc. Also, the investors may need to be wooed with profit margins above normal to make sense of investing in Africa of all places.

This said, We must also factor in corrupt practises as a very possible cause of contract inflation in Africa. I don't know nada about the QIPP project, however the claims of inflation here isn't beyond reason.

I see where you are coming from, but the issue is private entities invest their own money and determining how much to pay for the project they are investing in based on their own cost analysis from top to bottom, for me or or any other bystander to say they are spending little or too much is just plain ignorance because I don't know anything, I don't even have access to whatever studies they did, their financial data or cost analysis needed to formulate any opinion on.


This being a private project and funded by private entities, it means apart from regulatory issues, they are not any of your concern and they owe you zero explanation per how and what they spend their money on because they only answer to their shareholders, not you or even me.

shervydman:
Have u done the bolded?? Oga, take it easy. This is daylight robbery. I'm happy that the project will benefit every Nigerians but the cost is too much.

Why should I do that? Last I checked, I'm not the one disputing the cost, I'm not the one coming up with silly and baseless basic cost rubbish that you can not break down.

You the one disputing the cost so it's your job to show us the breakdown per the cost of similar projects that you people know so much about.

I'm not going to make your point for you or help you obtain facts to prove your flawed views, that's your job.

chloride6:
Is land more expensive in Nigeria than in the USA?

The same benchmark has worked even in Sub saharan Africa so what are you saying?

Do they also have to buy, ship tools and equipment from other countries or obtain them from right there in America?

Do they also have to build 58 kilometres transmission line or just tap into already available vast transmission lines?

Do they also have to import construction and power engineers from other countries and lodge them in nice hotels for years or obtain them locally?


Again, stop being shallow with your elementary thinking.

obailala:
I take an exception to your rants man, there is nothing basic about questioning why a proposed project is costing twice the amount I think should be the average cost. I'm quite sure the other projects that cost less also included peripheral systems like the transmission lines in their package costs. So if you have an explanation as to why you believe this very project is costing this much, or why you feel this project isn't pricey at all, then bring up your explanation to the house instead of attacking people. We're all here to learn and these are the exact kind of topics I love to visit on this site for the purpose of learning.

My issue with you people is the fact that you are not offering general comments or assertions which you are entitled to, but you are making compound statements and passing them off as facts which you are not entitled to without facts to back them up with.


When you asserts comments like the highlighted, you are basically saying you know for a fact and about similar projects costing less even with the transmission lines, the only problem with that flawed assertion is your inability to show us what you are so sure about.

The fact that you can not show what you are so sure about means you don't know anything, you are just arguing blindly and in effect lying.


I can not turn to my neighbor and say he paid too much to build his house without any accurate knowledge per the details and specifications he demanded, the type and quality of the materials he used or demanded.

shervydman:
Fact is that u spend $1000 per kw for gas powered plants.

Common sense should tell you that if you are going to make such claims, you should be able to break the cost down and itemize from A-Z how much you are going to spend on each item?


Have you done that or your internet copy and paste one size fits rubbish is the bench mark for the same project in the US, Canada, Mexico, China and so on.?


Sometimes I just wonder about you people and shallow manner of reasoning.

baralatie:
you can build a 1100mw turbine for at most $650 million within three years and Mr Fashola is signing $1 billion for 540mw?
na wa o!

Another NL power expert. How many have you built for 650 million in less than 3 years based on your superior power experience?

shervydman:
OK....let's assume that the cost of building the power plant alone is $600m, do u wanna tell me that manpower,equipment shipment,transportation cost,transmission cost n Co will gulp about $400m?

Assumptions can not replace facts, sane and rational assertions.

I'm into facts, not baseless and meaningless NL assumptions.

[s]

cstr1000:
One nincompoop is rambling about IPOB in the face of blatant inflationism by a dastard incompetent government.
Does amala and ewedu sap the brain of the necessary neurones needed for cognitive reasoning?
I never regarded that watery staple as a delicacy meant for homo sapiens. But it could be more sinister than I thought.

[/s]



It's a private project so stop foaming at the mouth like village bingo.


These ipob illiterates sef.

chloride6:
Transmission costs can not exceed $500k per kilometer.

You have your work cut out for you if want to defend this charade.

You posted a table that doesn't include associated costs like land purchase, local and international manpower cost, equipment shipping and transportation cost, cost of 58 kilometres transmission line so the only charade here is you and your shallow and illogical thoughts.

obailala:
Calm down bro! I dont have to be an auto technician or automotive engineering expert to have an idea how much a 2017 C-Class cost. My concern is based on my idea of the general cost of similar gas power plants around the world and in Nigeria; just like the dude I quoted stated, for most gas plants, average cost is typically $1000 per kw, i.e. roughly $1billion for 1000mw. Could be cheaper, could be more expensive, but this very plant is twice this average cost estimate.

What is the meaning of the irrelevant and meaningless average cost thing you people keep talking about? Do you manufacture the tools and equipment to be used or you are going to ship them from across the ocean, clear them and transport them to your work site?

Is the price of land in Nigeria also part of your average cost?

Is the cost of local and shipped foreign labor that you are going to lodge comfortably in a nice hotel for 2 years or more included?

Have you also included the cost of 58 kilometres transmission line?

No offense, but why do you people reason so basic, shallow and elementary?

shervydman:
It's alright.....@deomelo, obi is totally correct. U spend about $1000 for 1kw( gas powered ). Here's a proof.

Basic or standard cost is just a cost, it has nothing to do with associated costs like land purchase, local and international manpower cost, equipment shipping and transportation cost, cost of 58 kilometres transmission which I'm 100% sure are not part of the table you posted or what the other poster wrongfully asserted.


Look beyond basic headlines, it's just common sense.

arinzeejikonye:
The cost is even better than that azura edo ipp,

Awarded at same $1 billion in 2014, for 450 mega watts

LAGOS, Jan 21 (Reuters) - Nigeria’s Azura Power Holdings Ltd said on Thursday it had raised $876 million for its power plant in the southwest of Africa’s most populous nation and that construction was set to commence.

Azura, along with its founder and majority shareholder Amaya Capital, said lenders for the independent power plant (IPP) in Edo state included Siemens Bank, Standard Bank, CDC and the International Finance Corporation, an arm of the World Bank.

“The $876 million transaction is the first of a new wave of project-financed greenfield IPPs currently being developed in Nigeria,” said Azura in a statement.

“The financing of the Azura-Edo IPP involves US$190 million of equity and US$686 million of debt from a consortium of local and international financiers,” it added.

The Azura-Edo IPP consists of a 450MW open cycle gas turbine power station and a transmission line connecting the power plant to a local substation and an underground gas pipeline connecting the power plant to Nigeria’s main gas supply.

The company said the project represents the first phase of a 1,500MW power plant facility which is targeted to come on stream in 2017 and supply more than 12 million people in Nigeria.


https://af.reuters.com/article/commoditiesNews/idAFL8N1552JE

$876 million, not $1 billion.


These are not your generic FG/Corrupt/ and inflated projects, these are private projects financed by reputable banks, reputable contractors with their I's and T's doted from accurate estimates to cost supervisions.

[s]

MyNewJackeT:
funny guy.
the same NLC that threatened strike and shutdown during Jonathan's presidency when he increased fuel price to 100 naira but couldn't protest when Buhari increased it to 145 naira during recession.

keep believing.

[/s]



What's NLC and workers salary got to do with crooked and corrupt jonathan aka stealing is not corruption.


These lying ipobs sef..

[s]

Obi1kenobi:
As always, not a surprise, he reveals the root of his weird fury.
Again, posting some comment on a forum while on the move doesn't entail that I have to spend my time rehashing online documents to bolster my argument. You're free to disagree with my claims and free to refute them (even though foaming in the mouth like a rabid dog while shouting "IPOB" doesn't count as a rebuttal) yourself, but as I already said, you're entitled to what you believe. There a million and one articles online critiquing the inflated costs of Nigeria's infrastructural projects, including from international observers. Whenever you can wipe the foaming dribble off your mouth and breathe normally, you can find them. I have no interest in indulging keyboard warriors today.

[/s]



So, you are basically agreeing with me that your rubbish was just another meaningless word of mouth ignorance not based on facts, sane and rational thoughts?


You know all about cost for similar projects in other countries, but you still can not show us 1 single documented facts about the same similar projects in the same other countries you listed.

Agin, confine your ignorant and baseless analysis to your co low info consuming ipobs on NL.

Bizibi:
next two years I will dig this thread up.

Please do.

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Presidiotbuhari:
This is lame & sound like what an optus & dence fellow will post. Is there no more propaganda in ur arsesal? Or hav they all been busted?

[/s]



What is this one saying sef.

NL need to buy bingo rope and dog tags for some of these loony ipobs for real..

xtgozie:
Yet Anambra State, has since 2014 paid salaries and arreas of her workers.
And the said Ogun is waiting for bail out funds

And Osun state delivered more projects and infrastructures than anambra and the rest of your SE states abi villages combined.


Do you want facts, let me know abeg..

[s]

MyNewJackeT:
jacob Adekomi was responding due to questions that was asked by journalist, did you even read the link you posted to compare it with mine. the lie he was telling is different from what I posted.

believe Jacob Adekomi at your own peril.

okay do you know how much Osun collected from allocation this first quarter of 2017?

this just shows Osun has nothing to offer to Nigeria.

https://www.vanguardngr.com/2017/05/fg-states-lgs-share-n1-41trn-q1-2017/?_e_pi_=7%2CPAGE_ID10%2C1542705585

[/s]



I trust the NLC and the folks actually concerned about workers and their salaries than some hateful, bitter and angry ipob on the internet.

You can not even show facts to dispute NLC's claim with, now the joker branched off into irrelevant allocation rubbish..


Funny comedian..

[s]

Obi1kenobi:
Thanks for stating the obvious, genius. I certainly wouldn't have figured that one out myself. If you could have taken a deep breath before the typically cantankerous response (probably trying to provoke your hourly staple of tribal e-battles), I was referring to a general trend of inflated project costs for everything from roads to bridges and tunnels, to rail lines and other public infrastructure.

And no, it's a weekend and I have better ways (or rather, more fun ways) to spend my time today than posting "documented cost analysis" and having a tedious back-and-forth. My comment came from the experience of having compared project costs with other African countries before, but I have no time or desire to rehash them. Believe what you want.

[/s]


Stop compounding your ignorant and baseless silly assertions with more ignorant and equally silly assertions.

If you are going to dispute cost based on similar endeavors in other environments, common sense dictates that you show facts, figures and relating factors to support your claims with and without these facts, you are just spewing ignorant trash.


This is the problem with you ipobs, you hate and criticize without facts, you just spew trash especially over what's not sited in your village.


Show facts to back up your views with or just keep quiet. Do you really we are all ignorant like your co-hateful and ignorant ipobs clapping over your silly and pointless jargon.


Oh yes, it's the weekend to make baseless assertions, but not the weekend to back up your assertions with facts.


How funny can you people be sometimes.

[s][quote author= post=61853687]Deomelo is very ignorant and dumb discussing with him just like chatting with Kemi Olunloyo, low IQ, I'm 100% he is a Muslim, and no responsibility.[/quote][/s]



Typical roadside ipob ignorant, bitter and unintelligent rant.


This is how you jokers throw angry tantrums when they trash your silly ipob lies.

Nna, what else is new.

sarrki:
Bros I have watched you closely you are a patriot

Thanks bro.


Dealing with these ipob clowns and their hateful, angry, bitter and ignorant rants is like community service..

[s]

MyNewJackeT:
kiss the truth

https://www.vanguardngr.com/2017/04/12-states-owe-salaries-despite-bailout/?_e_pi_=7%2CPAGE_ID10%2C1444005551

now go and hide somewhere.
even Ebonyi try pass your state.

[/s]

Look at the ipob joker posting old story...

We’ve been paid salaries up to June, Says Osun NLC Chairman ON JULY 27, 20175:26 PM


Comrade Babatunde Jacob AdekomI, Thursday, said the state government has paid the salary of all workers in the state up to June, 2017 in line with the agreement made between it and the labour union.

Read more at: https://www.vanguardngr.com/2017/07/weve-paid-salaries-june-says-osun-nlc-chairman/

Now, cry some more..


Losers...

MyNewJackeT:
Let me bust your bubble.

OSUN IS OWING 12 MONTHS SALARY

Abeg show us proof



Watch as the lying ipob dodge, run away or come up with another insane rubbish

[s]

Presidiotbuhari:
Adidas face, ur ritualist capital of west africa was bailed out, not once but twice, even with igr that eclipse that of germany & japan put together. Are't u ashame of ursf? Why do u guys lov to live in th the utopian, while denying the obvious?. The fact on ground now shows that all sw state are now insolvent, lagos inclusive. No amount of media propaganda will save u guys.

[/s]



Osun state commissioned more projects than all your SE villages combined.


Ndo...

[s]

MyNewJackeT:
at least they are paying.

what did your state do with it's own salary bail out that it collected?

you guys are owing like months of salary baclogs.

but apart from that we are talking of corpers allawee here not about salary. After all if your state has enough IGR it should have given a little to corpers.

see nothing pains me like that 5000 naira your south west state is owing us.

[/s]



Your ignorant cries and irrelevant rubbish still doesn't mean Ogun is not generating larger IGR than all your miserable villages combined.

Cry all you want it makes no difference.