₦airaland Forum

donnie:
He took the bull by the horn by killing unarmed igbos. Where was he when people were driven from their farms by terrorists and cried continuously for help?
Kindly show one Fulani herdman that has been apprehended. I didn't say killed o.

He is securing his state, simple. He is crying out to no one and doing what a Chief Executive has to do to protect his people. Do you have an issue with that?

It is convenient to blame PMB for all the security woes in the country. He takes the lion share of blame but the state Governors who sit and do little about securing their own people are also culpable. They do not have the instrument of coercion like the police and army but they have the money in form of security votes to either fund police in their states or fund local security outfits with intelligence wings in support. See what Wike is doing in Rivers State. Because he can't go begging FG as an opposition figure, he took the bull by the horn, taking charge of security in his state and doing a damn good job of it.

obailala:
I see a lot of people in this thread insulting Amaechi and claiming he's building railways in the SW and north without any in the SE; some even called him aboki slave, and then one begins to wonder, is Amaechi the president of Nigeria?

Amaechi as an appointee can only do what his principal instructs him to do. Or is that exactly what makes him 'Aboki Slave' like some persons ignorantly suggested??

These railways can only be built one at a time; for now if the Lagos Kano rail is built, other rails will be built later. Obj largely built the link between Warri and Ajaokuta which was only commissioned recently; there was no noise. GEJ built the link between Abuja and Kaduna; there was no foul-crying or marginalisation or "he is a slave" noise. So why exactly is the judgement template different for Amaechi and co?

You hit the nail on the head. When you have choices to make, a lot comes into consideration. You look for where the most impact can be made. Firstly, this govt completed the Warri-Itakpe rail line started by GEJ. That costed the least amount of money and fastest to complete. That covered the central part of the country. The phase 2 will connect Itakpe to Abuja but at a later date.

Secondly, Lagos-Ibadan rail route is the most lucrative and economically viable in Nigeria. It also satisfies a zone that politically supported the President, so logically the next to be built. That will then be connected to Kano to cover the Western corridor.

Thirdly, you concentrate on PH-Maiduguri which by the way will go through many Eastern towns like Aba, Enugu and take a detour to Onitsha before heading North. That is now going to commence as Amaechi said.

The fourth is the coastal line from Lagos to Calabar with the National Assembly (Southern legislators) frustrating funding for it. Recall Amaechi lamenting about this some time ago. So in all, you can see a pattern in how this whole rail masterplan is being rolled out. Notice that each of these rail corridors terminate at ports. Warri-Itakpe gets to the Warri port, Lagos-Ibadan extends to Apapa port and PH-Maiduguri will extend to Bonny sea port. You can see the thinking behind that.

The massive 2nd Niger bridge, rehab of PHC refinery at $1.5bln, Bonny-Bodo bridge and PH Enugu expressway construction are few ongoing FG projects in the SS and SE so difficult to understand why people still say these areas are marginalised as per FG projects.

Pls who has that NDDC board epped? All the boards that superintended over NDDC for the past almost 20 years have not come close to transforming the ND. The cries around board constitution is about allowing the money go round the same fat cows that have plundered the commission. The people hailing should ask pertinent questions

The writer may or may not be a paid agent but makes salient points. People who argue against right sizing are not putting alternatives on the table. The crux of the matter is the wrong approach taken by El Rufai.

First of all, he should have built a sound case for right sizing, presenting relevant data like paying 50,000-100,000 workers (2-5% of Kaduna State population) gulps 80% of revenue to the detriment of other sectors and needs of remaining 95%. He should also have presented other cost centers apart from staff salaries, including number of govt political appointees, wasteful spending in security votes, bloated estacodes, maintaining services that add no value etc.Then he would have proceeded to rallying everyone around the vision of what he aims to do, how much savings will be made, how he will use it to better the lives of citizens etc. In that discussion, the unions will be a natural front line stakeholder.

After that, he will design a transparent process and start first from pruning political appointees and cutting govt wasteful spending by say 50% for example. After demonstrating good faith elsewhere, only then can he come to workers, working with the union to agree on process of choosing those to be impacted and how much they will be paid off. Then an implementation timeline is agreed.

This is how it should have been done with citizens massively supporting a rather painful set of steps. This is how most private sector organisations do it. You will not find a serious organisation that doesn't right size from time to time, why do we expect something different with the public sector? Until we start approaching issues in this country with a business mindset, we will keep scratching the surface of our mess. If we in this generation can genuinely sacrifice to make future generations better, then we would have done a good thing but many are more interested in themselves and the now.

Reference:
I am totally with El-Rufai on this one.
Government is simply a burden on the people. A huge, huge burden for that matter, hoovering up almost every penny earned by this country at the Federal/National level and at the Federating States of which El-Rufai must be seeing 'red' figures recurrently.

The sheer cost of government is a big reason why this nation simply CANNOT invest in productivity. Then the big question remains. What is the ROI for typically expending 60, 70, 80 percent of revenue on this 'well deserving 5 percentile'....the best you get in return is PAYE which to the government is like eating food before preparing it....

The real goose that should be laying up treasure for the nation, the private sector in the form of the middle class, blue chips and small businesses struggle with the high cost of staying alive simply because there is no government footprint to its statutory responsibility of infrastructure or a shoulder to lean on in times of economic difficulty. Meanwhile they are required to pay the bulk of taxation and generate the bulk of jobs.

I think it is time we as a nation should get serious and begin to create laws that will limit the amount of resources every tier of government can expend recurrently as a factor of overall earnings with severe penalties for defaulting governments.

Completely agree. We should get serious in this country. However, govt has to come to the table with clean and transparent hands, roll up its sleeves and ready to deliver the goods to gain the trust of the people

Kaduna State is one of the more progressive states in Nigeria. I hear it devotes close to 70% of its budget to fund its capital program. It is one of top5 states with healthy IGR profile. It is quietly refocusing its education sector by professionalising its teaching workforce and it is one of the first states to implemen the N30k minimum wage.

Let's face it, reforms are tough and as a serious govt, you have to take tough decisions to move forward, particularly for a system that has been near comatose for decades. In other words, to make omelette, you have to break eggs. Much of our civil service workforce are unproductive. It is within govt's responsibility to reform that. Block leakages, right size organisations for delivery, cut cost of governance and show leadership through transparently carrying the people along in that vision.

I urge Kaduna State govt to dialogue with workers so they see reason with what govt is trying to do in the overall interest of citizens. Workers through their union leaders should negotiate a worthwhile disengagement package with govt and urge govt to invest in areas of the economy that can create lots of job to absolve disengaged workers and other unemployed citizens of the state.

When this whole insecurity issue blows over, it will be good to reflect on the part played by various people across board. Pastors such as Paul Adefarasin have a sacred duty to lead their flocks through this crisis. How about focusing on those who continually escalate issues rather than de-escalating them. CAN, PFN and such religious organisations can be visible by stepping up their involvement through talking with reps of terrorists, bandits, kidnappers etc and stop thinking about personal safety which is the way we are wired

Very unfortunate statement from Pastor Oyedepo. A lot of the developed world have administered the vaccine on more than 50% of their population with some countries approaching the 70-80% mark.

Africa and especially Nigeria has achieved less than 1%. We didn't contribute to research funding and production of the vaccine but we make the loudest noise against it. As a person, Pastor Oyedepo can have his opinion about this vaccine which is his fundamental human right. However he cannot decree it to his church members who take his views as law. If I were Govt, I will engage him to desist from doing this

Harrisonwo:
from the article, $360m was released and out of which $30m has been spent. what happened to the remaining $330m?
That should be the question..

Simple reason is that many of those in the communities want the money to be shared by a few. They are not interested in the clean up. A proper process was put in place to disburse funds for clean up but the process has been frustrated. Proper internationally recognised and competent companies that won clean up contracts are being frustrated. No right thinking govt will disburse funds that will end up in private pockets. The balance is in an account set aside that no one can touch. Monies will be disbursed once proper processes are adhered to.

Those impacted by the spills were physically compensated after an out of court settlement was agreed with the communities. All they want is cash and more cash. Even areas cleaned up are reimpacted by activities of oil thieves and illegal crude refiners who keep polluting the environment and this does not agitate the minds of the communities enough.

olatuns2017:
As an IGBO man of God ....Thereafter he went to Vila with contractors to get contracts because he predicted PMB victory!

Pastor Adeboye
Respect

Pastor Adeboye and Kumuyi are examples of Men of God i respect. Speak truth to power by all means but keep in mind the greater good of the country. I know these MoG do their persuasions behind the scenes, leveraging those that have the ears of the President and whenever the opportunity comes up, to counsel the President himself and I'm sure the gestures are reciprocated.

Nigerians know little about service to one's nation without expecting some sort of reward. Expecting contracts in return for support is the way of politicians, always looking after their own interests, reason why they can't be trusted.

stinflame:
Benue slogan is the food basket of the nation. One shouldn't compare the influx of herdsmen in Benue to any other state in the Belt region.

How does that solve the problem? Seeking for genuine solutions should be the desire. There are templates of what has worked elsewhere. If not solved now, it will keep lingering. It was there before PMB came into office, it will be there after he leaves if no calm head prevails on shoulders

Gov Ortom should compare notes with what Plateau and Nassarawa states are doing in handling the incessant Herders-Farmers crisis. It is not enough to keep talking as it degenerates into ego trips which politicians are good at, but doesn't solve the problem.

There has been relative peace in those states mentioned and we've heard little from them in recent past.

The reversal of the revocation order though commendable is actually an embarrassment to the FG. How did DPR get to revoke the leases in the first place if neither the President as Minister of Petroleum or NNPC as lease holder didn't know?

Best thing would have been to wait until 2022 when the lease expires and not renew it. That would have been more sensible than the whole mess this became.

Great leader who led from the front no doubt. Hats off to such leaders.

However, the sit tight syndrome is now likely to plunge his country into chaos like aftermath of Ghadaffi's demise in Libya.

A lot of those that fought him were home grown rebels and opposition elements who complained of not getting a share of the country's oil wealth allegedly cornered by Deby and his govt.

Lesson learnt - build strong institutions and be genuinely fair to all so that you can leave legacies that outlive you. RIP to the fallen soldier!!

Both parties have learnt.

PDP admitted that in general what FG did through the CBN was useful in paying salaries, backlog of monies owed to states that carried out federal projects and the refund of paris club deductions.

Why Gov Obaseki should then say the things he said in the way he said them beats my imagination. Rather than help, it has created more problems. As a member of NEC, he could have offered his advice directly at those meetings or talk to the CBN Governor in private as fellow bankers.

Both parties should move ahead in the interest of the masses.

plaindealer:
Maybe it could have been worse without printed money, you have zero clue, Nigeria is not immune to pandemic-related global economic slowdown.

It would definitely have been worse if CBN didn't step in. As Emefiele said, doing nothing was not an option. Doing something even with some side effects will have an overall positive impact.

If nothing was done, how will the FG and state govts have funded the budget related to local currency e.g paying salaries, paying local contractors, funding social investment etc? Even if I disagree, this govt has tried to keep paying workers salaries and helping states do the same. Not aware there has been workers retrenchment. That helps considering the number of families that would have entered the already bad unemployment market.

Solution is to keep improving productivity of the average Nigerian. Solving the security problem is the immediate most important thing to allow farmers and other critical sectors return to their trades and boost output, bringing down prices. Next is to support our local manufacturers and industrialists by prioritising their forex needs to be able to put life back in the system, create employment and increase productivity. Last (by no means least) is to reduce our dependence on imports that gulp our scarce forex by refining our crude locally, keep discouraging huge imports of stuff like rice and other commodities that can be produced locally etc. Govt should block wastages and reduce corruption by been serious about its anti corruption fight, which is an area I think they have done very little

omonnakoda:
It is no different in effect from printing money .

Let us not try to use big words to conflate issues or try to sound knowledgeable by using phrases common people cannot understand

Whether it is new is not the point. The question is whether it is appropriate in our circumstances and also whether the government is transparent about it
The government has DENIED IT so that is the first step here

Is it true or not

Be specific what you mean by "those economies"

Black people getting killed by police in America is NOTHING NEW
That does not make it right or desirable

It is nothing new. Even when you explain in layman words, people still don't understand it. Bismark Rewane explained it. Physical cash in circulation (about N2.5 trillion) is negligible compared with total money in the economy (about N38 trillion). There was no physical money printing as alleged.

Govt may be issuing money without investment instrument backing it and that is the fiscal rescality Gov Obaseki may be referring to. However, it is nowhere near crisis level yet but can get there if not watched. In that light, both Gov Obaseki and Minister of Finance are right in what they have said.

I suspect egos playing out here. Gov Obaseki, being a member of the National Economic Council could have picked his words carefully so as not to send wrong signals and further deflate an already struggling economy. Reason why Central Bankers and those in charge of the economy don't say certain things. Even if right, it may shock ordinary citizens and the economy, damaging it even more.

The fact that majority of the people do not understand how things work, it is better not to be careless about what is said when managing the economy.

omonnakoda:
I don't know whether they "printed" but your argument is uninformed
The word "print" is just a metaphor.


They do not have to print bank notes in a digital era to create money from nothing


That is so 1970s

This is 2021 . A cashless era
These days it is called quantitative easing and does not have to involve any printing


The CBN just needs to give the FG credit from .............NOTHING
add zeros to their account balance and honour their cheques

When 60 billion is shared do you think it involves Banknotes?

Money is essentially a Guarantee or contractual promise.
It does not have to be "printed"

Just like there is no NEED to print the recharge card or BITCOIN

A time is coming soon when all money will be digital

Quantitative Easing is most likely what the govt is doing. It is nothing new, actually used by many central banks around the world in response to severe economic crises such as that caused by covid 19.

Difference is those economies have low inflation rates which allows their central banks to print money and allow inflation to rise a little. We already have a high inflation rate which we need to address. Summary is, it is nothing new

Rossphinki:
You actually think I have time to respond to this ...vomit?

I've corrected your initial GDP per capita insolence.

You've had your 2 minutes of attention.

Now get lost, you little maggot from Ghana.

Not nice that Nigerians and Ghanaians should be fighting this dirty over what shouldn't cause any fuss. Pls sheathe your swords.

One thing I admire though about Ghanaians is I hardly see them talk down on their country despite challenges. It is something Nigerians need to learn more of.

morgstreme:
Most of them are BACKWARD/unexposed...

Same people that proudly boast that they are far better and educated than Northerners. The sheer number of 'illiterates', educated or not in this country needs addressing.

PataAlhajaKeji:
Are you saying Nigeria wouldn't be in this state if GEJ had won in 2015?

Are you aware Nigeria was borrowing to fund recurrent expenditure months before GEJ was voted out? Despite the excess crude oil revenue windfall in his tenure.

A lot of childish brains here.

Macroeconomics must be hard for you all.

Are you aware Buhari is the best President when it comes to infrastructural development since 1999?

Are you aware Buhari is the best President since 1999 in terms of social welfare programmes?

The economy is in shambles, no doubt. Inflation rate sef dey vex. He has his own blames, no doubt but he is powerless. He's not a magician. Our major FOREX earner, crude oil has lost value and I don't think he's doing bad in terms of diversification of the economy. It will take time for the positive effects of his policies to manifest. Nigerians are very impatient lots.

Truth is our mono product economy was bound to take a hit from the twin calamities of falling oil prices and more recently covid 19. The best economists would have done only slightly better given similar circumstances.

Lack of economic diversification in the past is catching up with us and it will take some time to resolve. This govt could do more but it is taking steps to diversify the economy. Results will take years to fully manifest.

In the mean time, it has to take measures open to it, majority of which will not be popular. Weaning the populace of import dependency, removal of subsidy on consumables such as fuel, increase in taxes to fund budgets, paying cost reflective tariffs on power to make the chain work etc. As the theory of the above sounds easy it is not so in practice as the Buhari govt is finding out. So it has to play a delicate game between economic theories and public sentiment and outrage from the fallout.

A big lever available to govt is to increase its social investment spending and ensure it reaches the most vulnerable. This is what richer countries badly hit by the pandemic are doing. They borrow tons of money and print money through Quantitative Easing methods to cushion the impact, though doing a lot to keep inflation in check. This is where we can really learn from them.

In summary, we need to diversify, diversify, diversify and importantly improve local productivity.

TOPCRUISE:
Nigeria will have nothing until free speech is guaranteed. God bless Twitter. God Bless Ghana

And the same Twitter banned Trump, right? So much for free speech.

Rossikki:
INFERIORITY COMPLEX BRIGADE HAVE COME OUT IN FULL FORCE.

EVERYTHING ON EARTH MUST BE HEADQUARTERED IN NIGERIA, OTHERWISE IT MEANS THERE IS SOMETHING WRONG WITH NIGERIA.

YOU PEOPLE ARE PATHETIC, IGNORANT, STUPID, AND DISGUSTING IN THE EXTREME.

WHEN SOME COMPANY LOCATES IT'S AFRICAN HEADQUARTERS IN NIGERIA, AS MANY HAVE DONE, YOU DON'T NOTICE.

BUT THE MINUTE ANY COMPANY FAILS TO DO SO, IT'S ''OH WE ARE USELESS! OH BUHARI! OH NIGERIA IS FINISHED''.

AFRICA HAS 54 COUNTRIES.

MOST OF YOU CAN'T EVEN NAME 15 OF THEM.

TOO DUMB AND STUPID TO KNOW OR CARE.

OH SURE, THE WHOLE WORLD MUST IGNORE ALL THOSE COUNTRIES AND BASE EVERYTHING IN NIGERIA ALONE.

WHY?

ARE YOU PEOPLE STUPID?

ALL YOU CARE ABOUT IS FEEDING YOUR INFERIORITY COMPLEX THAT SAYS IF YOU ARE NOT THE CENTRE OF EVERYONE'S ATTRACTION, IT MEANS YOU ARE DEFICIENT.

DISGUSTING, HOPELESS, USELESS, SENSELESS, PATHETIC PEOPLE.

SPIT.

Refreshing view. Every company must not set up in Nigeria. If we are to go by the logic displayed by many here, then South Africa, Egypt, Rwanda, Ethiopia and other such countries should be berating themselves because Twitter did not set up shop in their countries.

Facebook will set up in Nigeria this year while Google and other Tech companies already have presence in Nigeria. We have the largest market, largest pool of tech professionals and talent and surely policy development is slow but is catching up. Countries have peculiar challenges, ours is no different.

babaolofin:
I have been asked to stop engaging you. You don't know anything about oil and gas. You said Brass was being killed when OBJ was pushing for gas project in South West around Benin Republic, Togo, Ghana, Ivory Coast up to Gambia and Senegal. Bonny expansion has nothing to do with Brass or OKLNG. OBASANJO's only project for South West was killed . If late Chief Wahab Folawiyo had not taken the risk of prospecting for oil in Benin Basin, you don't know it makes more economic sense to prospect for oil offshore Lagos than wasting billions of dollars for about 30 years prospecting for oil in other basins outside Niger delta basin. Chinese is presently at Chad Basin and moving to other Basin . The same Chinese Consortium is behind this project.

This project is being guaranteed by loan from China. Nigeria would provide a sovereign guarantee for 85% of the pipeline’s cost.

The AKK link will cost a total of $2.59 billion, at the end, it might enter almost $7 billion with the guarantee to be funded by China’s Sinosure with a 12-year repayment period and three-year moratorium. NNPC will cover the outstanding 15% of the price tag.

Chinese financing is available for the project, linked to China Petroleum Pipeline Engineering Co. (CPPEC) working on the construction. The Chinese carried out the railway line reactivation for the Project. The loan, the project on completion cannot pay it in 12 years.

The railway line is just because of that project. Generations yet unborn will meet that loan.

The EWGP is mainly private initiatives. It can pay and support itself. The WAGP is also mainly private initiatives led by Chevron and others at the beginning.

WAGP is operated by Chevron but Govt through NNPC has 60% in that Joint Venture, not so? Even the WAGP project is struggling to break even as gas customers in Benin, Togo and especially Ghana are not paying for gas supplied. At a point, Chevron contemplated selling their stake.

All I said about Brass LNG, OKLNG and Bonny LNG are verifiable. Brass LNG in Bayelsa was sidelined when OBJ kept pushing OKLNG. Many people challenged the sense in pushing OKLNG then when gas from the project was mainly for export.

Coming back to the so called lucrative EWGP and WAGP, their profitability is often overstated. Most of the gas is used for power generation and we know the power value chain is broken because customers don't pay. Gas suppliers hardly get their monies and FG has to bail out the system time and time again. This is the reason why FG is pushing for cost reflective power tariffs so that the whole chain can work.

My point is, it is easy to sit and say a certain region was denied infrastructure but a deeper look will reveal the facts behind the case.

babaolofin:
Everybody knows PTI has been upgraded. We fought for it before it was converted to University of Petroleum . Olokola LNG project was killed by Yaradua and not private investors . The Federal government abandoned the Project. If Obj had initiated the Project and see it to mid stage, no private investor would have opted out.

OKLNG project company comprises the Nigerian National Petroleum Corp. (NNPC), BG Group PLC, Chevron Corp. and Royal Dutch Shell PLC. Shell, Chevron and BG were pulled into the project because of Obj because they are sure of full commitment from Federal government. Brass and Escravos are on ground when OBJ initiated this project. The BG group withdrew their investment in 2012. Chevron withdrew few years later. The investors had drawn the attention of Yaradua to the Project without any response late 2007 and early 2008. They only remained in the Project looking for other opportunities. The project died with the end of Obj government. Companies prospecting for oil for over 30 years in the North are doing it as political projects and not for investment purposes, every time indirectly, Nigeria pays for all the cost involved. Olokola has free trade zone and the possibility of deep sea ports and the Gas Project would have impacted on other businesses in South West and industries in West Africa Sub region around Lagos.

You are bringing IPP which are scattered projects in different geo political zones. Is that a political project? National Integrated Power Project is a national project. Where is the power ?

This project is being guaranteed by loan from China. Nigeria would provide a sovereign guarantee for 85% of the pipeline’s cost.

The AKK link will cost a total of $2.59 billion, at the end, it might enter almost $7 billion with the guarantee to be funded by China’s Sinosure with a 12-year repayment period and three-year moratorium. NNPC will cover the outstanding 15% of the price tag.

Chinese financing is available for the project, linked to China Petroleum Pipeline Engineering Co. (CPPEC) working on the construction. The Chinese carried out the railway line reactivation for the Project. The loan, the project on completion cannot pay it in 12 years.

The AKK pipeline is part of a Masterplan which previous administrations started and this present one is continuing. If they succeed in completing it, fine. If they don't, the next govt can continue or abandon it.

babaolofin:
Everybody knows PTI has been upgraded. We fought for it before it was converted to University of Petroleum . Olokola LNG project was killed by Yaradua and not private investors . The Federal government abandoned the Project. If Obj had initiated the Project and see it to mid stage, no private investor would have opted out.

OKLNG project company comprises the Nigerian National Petroleum Corp. (NNPC), BG Group PLC, Chevron Corp. and Royal Dutch Shell PLC. Shell, Chevron and BG were pulled into the project because of Obj because they are sure of full commitment from Federal government. Brass and Escravos are on ground when OBJ initiated this project. The BG group withdrew their investment in 2012. Chevron withdrew few years later. The investors had drawn the attention of Yaradua to the Project without any response late 2007 and early 2008. They only remained in the Project looking for other opportunities. The project died with the end of Obj government. Companies prospecting for oil for over 30 years in the North are doing it as political projects and not for investment purposes, every time indirectly, Nigeria pays for all the cost involved. Olokola has free trade zone and the possibility of deep sea ports and the Gas Project would have impacted on other businesses in South West and industries in West Africa Sub region around Lagos.

You are bringing IPP which are scattered projects in different geo political zones. Is that a political project? National Integrated Power Project is a national project. Where is the power ?

The South West is the most industrialised region in Nigeria today. You can argue that most of that is privately driven but nonetheless. The market is well developed with the busiest seaport in West Africa, international airport, busiest roads, schools, industries and what have you. Most of the country's gas, fuel, power etc are consumed in the SW. My point is that SW cannot complain much about infrastructure marginalisation much as the SE or North can.

When OBJ was pushing OKLNG, Brass LNG which made more economic sense was being killed. In all, both Brass LNG and OKLNG were killed with NLNG Bonny being expanded - cheaper and made the most economic sense to these private investors and also to Nigeria as a whole.

babaolofin:
Was it in good faith that Yaradua killed Olokola LNG project the only project OBJ conceived for South West ? Was it in good faith that Yaradua announced the establishment of University of Petroleum in Kaduna while PTI Effurun was abandoned. It was the outcry of people and the fear of Militants that made him cancelled the idea. Under Buhari, see what is happening.

PTI has since been upgraded to a University.

Olokola LNG was not killed by Yaradua but by the private investors who didn't think it was a good investment. Nonetheless OBJ facilitated many projects in the SW including Papalanto and Omotoso power plants amongst others

babaolofin:
It was a lie. It was conceived and approved in Nigeria Gas Master plan released in 2008 under Yaradua. I have the earlier gas master plan. This issue was discussed in 2008 and last year extensively. I don't want to waste my time again.

Yes, the gas master plan was signed off in 2008 but was that when the plan was conceived?

Nonetheless, your comment that AKK was the plan of this govt to develop the North was not made in good faith.

Jlow2:
pple need to be alive to use the electricity from the gas , innocent and vulnerable Nigerians re killed everyday by herdsmen bandits and unkwn gunmen, the safety of Nigerians should come first, and not telling us about gas from warri to Niger republic.

Yes security is a problem and believe me, it will be solved and we will move on.

Banditry and kidnapping in the north is getting attention but I can tell you that kidnapping and criminality in the South particularly in the SS is still a big issue, just that it doesn't get the same level of attention. Let govt tackle all types of criminality

babaolofin:
It was purely because of Ajaokuta Kano Gas Project. This is one of the political projects of Buhari for the North. They borrowed heavily from China to start this project. There is no economic cost benefit in that project. The rate of return cannot be calculated. The payback period cannot be met. They said, ultimately, the gas pipeline would be extended to North Africa and to Europe.
During my analysis with the man delegated to promote the project on Nairaland over a year ago, he said Nigeria can never pay back the loan. He said the Project is designed in such a way that Nigeria cannot pay back the loan and China would eventually takeover the Gas supply project to recover their debt. China will use Nigeria to penetrate European Gas Market. China using Nigeria to penetrate European Gas Market.

Do a bit more research on this subject.

The AKK pipeline has always been part of the country's masterplan as far back as the early 2000s. It is the third of a 3 major gas pipeline backbone. The first from the Delta to Lagos and extending into Togo, Benin and Ghana has been in operation for years now.

The second pipeline from the East to the West is nearing completion as we speak. AKK is the third that links the northern parts of the country with possibility of extending to North Africa in the future. If we are going to get the North to industrialise and contribute more, this is the big chance. It opens up all types of industries along its path, same as what those first 2 pipelines are doing to the South.

The plan has been there for years but this govt came on board and started actualizing it. It is not everything that we should be screaming against.