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Politics / Re: Abuja Capital Of Arewa Republic by geeez: 4:02pm On Jan 02, 2014 |
DerideGull: Those of you clamoring that Abuja and Lagos belonged to their ethnic enclave seemed to forget there is word known as indemnity. In the case Nigeria disintegrates, the nation states that received Abuja and Lagos must agree to indemnity or face war and other diplomatic measures People just use words they just picked up anyhow sha just to sound intelligent Do you know what indemnity means? Indemnity ko, odieshi ni Who is indemnifying who? |
Politics / Re: Ibadan Kids Spend New Year At The Escalator At Shoprite Ibadan by geeez: 3:58pm On Jan 02, 2014 |
BlackBaron: Dayum...so many emotions at once. So from what you can see in that picture, they were playing on the escalator? You sure haven't seen an escalator before in your life I can bet a million Naira on that I doubt if you even know what it means 4 Likes |
Politics / Re: Fashola Is Doing An Amazing Job by geeez: 3:34pm On Jan 02, 2014 |
Anyone that says BRF isn't doing a good job either doesn't live in Lagos or is just plain mischievous The Lagos-Badagry Expressway alone should make anyone marvel This is not to add the thousands of kilometers of roads rehabilitated There are several thousands of housing units he's built His demeanor alone is world class and no Nigerian administrator can match his skills in any way The Lekki Airport is on course and so is the Fourth Mainland but even if he doesn't complete it, he would have done a substantial part of what is required to finish the job |
Politics / Re: Abuja Capital Of Arewa Republic by geeez: 3:23pm On Jan 02, 2014 |
solomon111: You don't have the capacity to understand even if i defined it. Is it the 'we' we or attaché we? Are you truly from the Niger Delta or the Niger Erosion? 1 Like |
Politics / Re: Ibadan Kids Spend New Year At The Escalator At Shoprite Ibadan by geeez: 2:53pm On Jan 02, 2014 |
Dahomey Amazon: Aw sorry, l heard polo park enugu was a ghost town through the holidays and shops are counting their loses. Who will to go to Polo Park when Water Parks just opened? It's not like people went there even before now anyway Why do you think there's still only one outlet almost three years after? 14 Likes
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Politics / Re: Ibadan Kids Spend New Year At The Escalator At Shoprite Ibadan by geeez: 2:21pm On Jan 02, 2014 |
Lol What about the people that spent New Year in the Enugu jacuzzi? Meanwhile Shoprite has two outlets in the ancient city Could only mean they are making a kill And I've seen white kids in those long London Underground escalators enjoying the 'ride' too and even taking steps up against the direction of the escalator so it's not an Ibadan thingy 12 Likes |
Politics / Re: Abuja Capital Of Arewa Republic by geeez: 1:43pm On Jan 02, 2014 |
KIRIJI: You are a liar, Abuja is no mans land. you are jealous of us because we own 97% of the properties at Abuja. We are industrious Rightly said, Yorubas own Abuja and we will annex it alongside Lokoja If not for Yorubas, Abuja won't be where it is 1 Like |
Politics / Re: Fashola Is Doing An Amazing Job by geeez: 9:39am On Jan 02, 2014 |
I've not seen an administrator who is more intelligent and positive He's also very inspiring and brings sound arguments to the table His model is simply superb and though he may not be everything to everyone, he is definitely a shift from the norm I love his commitment, his attitude and his desire to make things better He's definitely someone I'll love to work with over and over 8 Likes |
Politics / Re: Lagos Blames N25.3bn LCC Buyout On Naira Depreciation by geeez: 8:48am On Jan 02, 2014 |
The highlighted part got me laughing So the NNPC doesn't have drawings for its pipelines? LASG had to do seismic tests to determine the positions of the pipes And for those questioning the cost of the buy out The cost is actually N15bn but even if you put it at N25bn, it's a lot cheaper than the Lagos-Ibadan Expressway which will be done at a cost of N150bn The Lekki-Epe Expressway for me is the second best road in Nigeria after Gerrard. You will notice that there are no electric poles along the road. You can guess where they are |
Politics / Re: Lagos Blames N25.3bn LCC Buyout On Naira Depreciation by geeez: 8:44am On Jan 02, 2014 |
Politics / Lagos Blames N25.3bn LCC Buyout On Naira Depreciation by geeez: 8:44am On Jan 02, 2014 |
The Lagos State Government has attributed the depreciation of naira against dollar to its proposed buyout plan of Lekki-Epe-Eti-Osa Expressway from its concessionaire, Lekki Concession Company (LCC), rather than giving consent to a toll increase of about 40 per cent. The state also explained challenges undermining the completion of the Ipaja-Ayobo road, which it ascribes to the position of the Nigerian National Petroleum Corporation (NNPC) on four of its gas pipelines lain across the road close to an intersection opposite Jakande Estate, Baruwa. Commissioner for Works and Infrastructure, Dr. Obafemi Hamzat, expressed concerns about the challenges at the end-of-the-year news conference he addressed alongside his Special Adviser, Mr. Ganiyu Johnson and the ministry’s Permanent Secretary, Mr. Bamgbose Martins, on Tuesday evening. Under the 2014 appropriation bill now awaiting passage, the state government had proposed to buy back the LCC at a total cost of N25.3 billion, of which N15 billion was set aside for the buyout; N6.8 billion for the cost of servicing existing debt and N3.5 billion for third party liability. Hamzat explained why the government opted to buy out the LCC, which he ascribed to the concessionaire’s proposal to increase toll on the route to a minimum of N170. He said the government rejected the proposal in order to avoid putting an additional financial burden on residents, despite the fact that the proposal seemed justifiable due to the scale of depreciation of the naira. He added that the concessionaire considered the proposal to review toll upward because the value of dollar “appreciates astronomically against naira. The concessionaire borrows from foreign lenders. It has to pay back in dollar, although it collects toll in naira, which has really depreciated." In 2006, the concessionaire agreement was brokered with the state government investing $42 million (N5 billion), the Africa Development Bank (AfDB) $85 million (N10 billion), the Standard Bank of South Africa in collaboration with its subsidiary in kNigeria, Stanbic IBTC Plc $93 million (N11 billion) and indigenous banks, including First Bank Plc and United Bank for Africa Plc putting in $80 million (N9.5 billion). However, Hamzat said the government was still discussing the matter with the concessionaire, adding: "It is still fluid. We have not signed the required agreement with the LCC. We have not concluded the buy-back. It is after conclusion that the state government will be able to determine what will happen to the second toll plaza." He, therefore, assured the public that the state government would spread out details of the buyout deal “to the public. By the concessionaire agreement and the financial model, the LCC was expected to have increased the toll due to the exchange rate. When we are done with the completion, we will bring it up.” On Ipaja-Ayobo road, the commissioner attributed the delay in its completion to the NNPC gas pipe installed across the road, noting that the area “is on the axis where we had disaster before. I will rather not do the road than to have another disaster. We will wait until the pipes are removed.” "Safety is paramount. In order to avoid another pipeline explosion, we visited the headquarters of NNPC and demanded the drawing which shows the location, depth and length of the pipe. "But to the surprise of the state government, there was no drawing. So, the absence of the drawing constrained us. This was why residents complained that the contractor was constructing the road manually rather than using the right equipment. “We do not know the depth. Through our own investigation, we were able to detect that there were four pipes on the road; 50 metres apart from one another. But we do not know the state of the pipes and their depth. The state government was curtailed by lack of drawing of the road,” he added. Hamzat also said the state government was planning to relocate the gas pipes but it considered the cost of relocation, put at N700 million, as too much for it to bear alone. At this instance, the commissioner explained that the contractor, PLYCON Nigeria Limited, had to resort to manual labour, which he said, the residents of the area “have been complaining about it bitterly.” He also explained what the state government went through to get access to the left side of the road, a portion of land belonging to the federal government, adding that the state officials had “to visit the Federal Ministry of Works in Abuja a number of times before they released the side of the road." “Those are the factors that determine the completion time for the projects. At the moment, the contractors are fixing the pavement stone. We have sent the road design to the NNPC because they demanded that whatever we must construct, it must be superimposed on what they have done. “Part of the challenges still facing the road is getting the number of sand needed immediately. From the Lagos axis, at the construction level, we need 80 tippers daily. We are only able to get 50 tippers daily. The tippers associations in Lagos and Ogun were not cooperating. They could only supply 50. When we asked suppliers from neighbouring states to provide the shortfall, they declined,” Hamzat said. |
Politics / Re: Awolowo Vs Mandela Who Gave His People More Impact/who Is Greater? by geeez: 8:27am On Jan 02, 2014 |
Awolowo did everything Mandela did and more He was a freedom fighter just like Mandela As a leader, he was able to bring development to Western Nigeria much more than Mandela did in his time I won't compare the two though because they operated under different paradigms 2 Likes 1 Share |
Politics / Re: Proposed Abeokuta City Centre (pics) by geeez: 8:24am On Jan 02, 2014 |
sandijey: The southwest have foresight and are very progressive people. As much as I hate tinubu, his party has done a lot. And am very sure if southwest was under pdp, there would still be progress but on a very small scale. I have always known that ogun state is the next lagos state. From the time people started living at sango, mowe, ibafo etc. And as time goes on, its gonna keep spreading like that to shagamu. Well said and that's the essence of the DAWN programme However, Mimiko seems to see it as an APC agenda to capture Ondo State The more we begin to focus on the people and development, the better we will become I think Kwara state should also participate in the DAWN arrangement. This is one of the reasons I crave for regional autonomy Like Dr. Sola said, the unitary system under the military slowed down the SW A regional system of government will move the SW even faster than it is advancing today 3 Likes |
Politics / Re: Few Pics From Imo State by geeez: 7:28am On Jan 02, 2014 |
Two things Owerri has in abundance are hotels and women of easy virtue Rockview Hotel isn't bad but could be better. It's a little razz with some of their finishings Like the door plates and name plates I think the marbles splashed all over the walls are also too much |
Politics / Re: Proposed Abeokuta City Centre (pics) by geeez: 6:36am On Jan 02, 2014 |
We hit the ground running Thereafter came the military and we were all lumped in the same basket However, this the the DAWN (Development Agenda for Western Nigeria) of a new day Its in our DNA While others are hating we are skating Next thing they hop on the next bus to flee their poverty ravaged region and still yet they never stop hating. And the bulk of what they come to do is fraudulent even the so-called traders and educated ones among them. Anyway its understandable when other kids in the neighborhood hate you because your father keeps leaping forward while others crawl 12 Likes |
Politics / Re: Revealed! Fayemi To Spend N5bn Bond On State Pavilion, Already Completed Roads by geeez: 6:12am On Jan 02, 2014 |
delvinmaya: @geeez, pls do reply me now. i go day follow u up n down oooo Didn't receive any mail kindly resend |
Politics / Re: Revealed! Fayemi To Spend N5bn Bond On State Pavilion, Already Completed Roads by geeez: 9:06pm On Jan 01, 2014 |
collynzo2: Have you ever heard of the word ''corruption''? I've worked on several bonds before This is a cheap lie to issue a bond on Very laughable |
Politics / Re: Revealed! Fayemi To Spend N5bn Bond On State Pavilion, Already Completed Roads by geeez: 8:52pm On Jan 01, 2014 |
Anyone that believes this story needs to have his/her head examined How can a government raise a bond for an already completed road? Only a ret.arded banker will issue such a bond and only a dumb investor will buy such |
Politics / Re: Osun Sate Budgets 219billion In 2014. by geeez: 8:41pm On Jan 01, 2014 |
eaglechild: I wonder why some folks are fond of defending the indefensible. See envy I bet your state's budget isn't half that Osun has a higher GDP and IGR than your state except you're from Lagos, Oyo, Ogun or Rivers And if it's an agrarian state nko, Kansas is a an agrarian state and its GDP is almost the same with Nigeria's |
Politics / Re: Describe Your Governor's Performance In 2013 In One Word? by geeez: 8:38pm On Jan 01, 2014 |
BRF ... quintessential |
Politics / Re: Osun Sate Budgets 219billion In 2014. by geeez: 4:22pm On Jan 01, 2014 |
Goddex: Which dumb bank(s) will be giving loans to a highly leveraged government year after year? Once again, your level of dumb.ness is amazing. Even your poverty ravaged state that doesn't generate half as much as Osun in IGR is also indebted so what's your point? Is it paining you that your state can't afford this type of budget in the next five years? 1 Like |
Politics / Re: Osun Sate Budgets 219billion In 2014. by geeez: 4:11pm On Jan 01, 2014 |
Goddex: The theiving Aregbesola obviously plans to use part to finance his forthcoming election. Osun does not have that amount of money except through borrowing from banks and bonds. So how did he finance the 2013 budget which is higher than what he's proposing for 2014? You're ret.arded you know |
Politics / Re: Osun Sate Budgets 219billion In 2014. by geeez: 4:00pm On Jan 01, 2014 |
backtosender: Ondo's budget is N162bn. Shows you don't even know what you're talking about. Can you tell us how Osun's loan will take 39yrs to repay by showing us the interest rate at which the loans were taken and the tenor? Besides Osun generates more than twice in IGR than your miserable state |
Politics / Re: Osun (N216.7bn) And Ondo ( N162bn) Present 2014 Budgets by geeez: 1:24pm On Jan 01, 2014 |
Osun's budget for 2014 like for most states is lower than it was for 2013 The governor is massively investing in infrastructure which has led to an increased IGR The GDP of the state for 2012 was also the fourth highest in Southern Nigeria after Lagos, Rivers and Oyo From the figures I've seen for 2013, it's even gone higher though Lagos, Rivers, Oyo and Ogun had higher GDPs than Osun for the year just gone by Besides, why is Osun's budget giving these Igbos constipation? 1 Like 1 Share
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Politics / Re: Pastor, 15 Others Held With N1.3m Fake Currency Notes by geeez: 1:16pm On Jan 01, 2014 |
I saw him prostrating on Channels asking I for pardon And his wife was in SA when they were 'abducted' according to her from what I read in The Punch newspaper this morning Just imagine a whole family These people never cease to amaze me |
Politics / Re: Osun (N216.7bn) And Ondo ( N162bn) Present 2014 Budgets by geeez: 9:49am On Jan 01, 2014 |
Obiagelli: reccurent expenditure for Osun is too high, even if he's running a socialist government. The overhead cost is N 17.9bn and the consolidated cost is N52.4bn so where's the problem? phantonce: Osun has the fourth highest IGR in Nigeria after Lagos, Ogun and Rivers |
Literature / Re: A UNILAG Babe's Twitter Love Story by geeez: 8:30am On Jan 01, 2014 |
You could easily have been another Cynthia And since you're not from a rich home, your case won't have gone her way You'd have been dead, rotten and forgotten |
Politics / Re: Osun (N216.7bn) And Ondo ( N162bn) Present 2014 Budgets by geeez: 8:15am On Jan 01, 2014 |
Abiolacicero: Ondos budget should surpass Osun now. Osun has an IGR that is almost twice that of Ondo State As a matter of fact after Lagos, Ogun and Rivers, Osun has the fourth highest IGR in the whole of Nigeria However, I believe Ondo has more potentials but we aren't seeing it yet |
Politics / Re: National Assembly To Spend N150 Billion In 2014 by geeez: 7:57am On Jan 01, 2014 |
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