₦airaland Forum

KayyDee:
It seems your advice will be good for yourself too.

Please, do pause and consider carefully before commenting on topics like this...
Especially if you don't live in PH/Rivers.

The fact that this is apparently being done only on the RIVERS STATE section of the express, will tell any discerning person that the road project was most likely initiated by the Rivers State Government (Of course, in hopes of getting refund from the FG in the future)
Of course, many State Government do this/or has done this in the past (just in case you are among those who believe that once a project is ongoing at a federal road, it must then be an FG project)

This is not to argue who is better between Rivers Gov & FG, or who should take the glory. It's just to set the records straight.

So, be well guided my friend.
Thank you.

Are you certain that the road is being constructed by River's state government?

sapphiere:
https://www.lindaikejisblog.com/2020/12/leaked-chat-shows-singer-queency-benna-threatening-man-named-obi-after-she-wasnt-paid-the-agreed-amount-following-a-tryst.html

Na wa oo.... So if this guy didn't have any evidence of these, that's how another brother would have been called a beast and crucified by the world? God help us!


https://www.youtube.com/watch?v=wbPz95egmAQ
By the way, the girl's crying video was so damn convincing that I fell for it 100% yesterday. If this girl can act so well, why waste your talent chasing clients at Hilton when you can try Nollywood? Oh I forgot, Nollywood wouldn't also give her good income except she still chases clients on the side at Hilton (like some other Nollywood babes). Uwa mmebi!

Fahdiga:
Terrorism would have been a thing of the past if only we have a lively president but since we have a lifeless president who believes that an attack against Boko Haram is an attack against the north, tell me how terrorists will not be running amok

Terrorism persists because we keep having clueless leaders; that explains why even the last 'more lively' and educated president spent 5 years scratching his head while terrorists ran amok and terrorism flourished. Incompetence and cluelessness are the problem.

persius555:
You will make a better engineer than an economist. How many times have LNG transported by rail involved in accidents? This project is just another egocentric mission laced with emotions and no financial objectivity.

Like I said in my previous post, even of we ignore the safety aspects, it is economically useless to transport gas via rail instead of building a pipeline.

kayjay69:
Have you bothered to ask yourself why this pipeline or do you want to be mischievous?

To answer your question, YES! this is my field, and I have a fair understanding of the economic and political importance of this pipeline for Nigeria.

The long term plan for this project is to develop the Trans-Saharan Gas Pipeline. This project has been in planning and paper stage since the 90's. The day Nigeria connects a gas pipeline to Algeria, that will be the day Nigerian gas gets to Europe. I do not need to explain to you the economic and political impact of Nigeria being a major gas supplier to Europe. If there's anyone who should be worried about this project, it should be Russia, as it could weaken their political/economic edge over western Europe.

But instead, what do we have on this thread? 99% of those opposed to the project on this thread are simply analysing from the myopic/ignorant point of view of tribalism; people just seem to get a hard-on whenever they hear the word 'North'... The other day I came across a video of some ignorant IPOB fellow analysing this project on Facebook and asserting with so much confidence how Buhari wants to dash Niger Deltan gas to his "Muslim brothers in Algeria".

CSTRR:
There is nothing wrong with his proposal.

It would kill two birds with a Stone and a more prudent use of resources.

You want to transport gas via rail, compressed and liquefied gas? In Nigeria?.... no my brother, you arent killing 2 birds with one stone, rather you're killing 1000 humans with one articulated bomb.

Even putting safety aside, rail or road are the most inefficient means of transporting gas; rather than making prudent use of resources as you think, you would be wasting resources by doing that. Rail or road or even ocean vessel transport of gas only become useful when its absolutely impractical to construct a pipeline.

Cc: persius555

persius555:
It will make more sense if the loan is channeled towards completing the North to East rail section. That way, LNG can be conveyed by rail to and from the Niger delta to the north. Don't forget the same rail will serve dual purpose as goods can also be transported to and fro.

The problem with this government is not availability of funds but the wastage of available funds. We are digging Nigeria's economic grave with all these Chinese loans flying all around. The Chinese only want to create economic annex in Nigeria. We should be smart with loans.

You're suggesting that gas should be transported via rail instead of pipelines, and at the same time, you think it is the government that is clueless.

persius555:
LNG transportation is a global thing. On the scale of exposure to disaster, it is below 3%. The US have been shipping LNG via LNG vessels over the high sea to Europe for years. This accounts for 12.5% LNG supply to Europe. The commercial viability of this project at a time when the economy is already depressed should be our concern.

This project, if completed to Algeria, easily passes as the most economically viable project Nigeria has ever executed with any loan.

I just shake my head at the level of misinformation and outright ignorance oozing off this thread. A lot of people on this thread have zero clue in what the project is about; all they needed was to just hear the word 'North', and boom!!! Mass hysteria...

kayjay69:
This country is finished.

There are thermal power stations all located in the South of Nigeria that require Gas to produce electricity.

Rather than invest this kind of money in building a gas infrastructure for present and future thermal power plants, the federal government led by the Fulani elite prefers to spend money on an unnecessary project similar to the kaduna refinery.

I say again, this country is finished.

You want "Gas Infrastructure" but you think a major "Gas Pipeline" of this nature is useless?

Kondomatic:
Being brought up in a rich home doesn't automatically make one mature, also some people can be educated and rich but still a child in heart. Sometimes you will see one big girl dating a small boy like that and you will wonder what she's doing with him, it's because, though she's a big girl physically, she's still a child inside and will connect better with younger ones.

Not sure I understand how a 'rich girl' liking a person you dont expect her to like, amounts to immaturity.

Orubebe01:
commendable but expensive. how can I pay between ₦3000, ₦5000, or ₦6000 from Ibadan to Lagos depending on the class I chose. I thought train is the cheapest means of transportation.

Ibasalin:
Yes! is the cheapest in every sane country around the world but not in Nigeria

For passenger transport, trains aren't cheaper than buses anywhere in the world. Would be interesting if anyone can kindly point out one single developed country in the world where trains are actually cheaper than buses for passenger service.

This particular misconception (that trains are cheaper) seems to be very very widespread amongst Nigerians and I keep wondering where the idea came from... Maybe the idea came from these Bangladeshi trains which the poor hang on to.

sw:
The amount of funds used in setting up d below rail tracks and d coaches not up to 1/4 of what Nigeria spent. Despite that, compare the quality to China refurbished coaches been celebrated.

Naija wake up from your slumber. Stop celebrating mediocrity.

The picture you put up there looks like a monorail with miniature wagons used for local transport within cities, but you expect it to cost same as intercity standard rail trains?.... How can you expect okada to cost the same as a car?

Sanchez01:
1. The story isn't about the fame or money. Oge is a reserved person and took on the identity of Kemi during the entire documentary.

2. She caught her boyfriend who is also a BBC staff in a compromising situation with Kiki. Sadly, the guy broke up with her not too long after. Another of her trusted friend whom she liked also got down with Kiki. Somehow, those ones influenced her caving in the more during the whole thing.

3. She is not just hurt by Kiki's claim over her sweat, the fact that that one person did her repeatedly (career, fame and man) got to her for a long time.

4. She spoke up about the SFG documentary in November but got bullied by fans of Kiki.

5. While Ruona was trying to make the world recognize Oge, feminist coalition members have been bullying Oge deliberately because she decided to tell the world that she caught Kiki Mordi with her man. Meanwhile, Kemi Olunloyo had revealed that Kiki Mordid ended Oge's relationships since last year.

6. Apparently too soft for social media, the bullying got to Oge that feminist coalition and Kiki Mordi stans suggested she took both cyanide and ricin when she suggested which to take.

7. She had been battling depression for a while before the bullying within the past few days. But bulk of it was because of her relationships and then the recent documentary coming to light.

hmmm... na wa!.. thanks for breaking it down.

I've been struggling to make sense of this story. If she invested so much in the sex-for-grade documentary and Kiki seems to be the one getting accolades, is that the reason she wants to die? What exactly did the Kiki lady do?

madmohamed:
I'm tired of this bridge. There is other bridge all over the country but u can't here them telling you buhari is working why only when this man do something he suppose to do it becoming a favor to nndi Igbo. The guilty conscience is killing Nigeria about what they are doing to nndi Igbo. We are asking common 1.5 cases bridge for 30 years that is evil the government should apologies for for nndi Igbo for bad policy against south east.

In response to the bolded portion of your comment, the only reason this bridge is continuous topic of discussion and mockery is because of the brand of hatred some some Igbos have for Buhari. There's nothing wrong with anybody liking or hating any political leader, its simply an expression of one's right, but when some people start allowing the hatred eat into their rationality, then things like this become a topic of discussion. An example of what I mean is the comment of the fellow you quoted who basically claims Buhari has not and will never carry out any project in the SE, and that the 2NB is only being constructed because of America. Ridiculous comments like that is the reason people usually pick this bridge as a subject of mockery against Igbos.

MINORU:
Who told it's bubu that complete it

Good luck paid for all of this

Wake up guy

This delusion is truly monumental. I'm sure Goodluck is even the one paying my salary today.

Cjrane2:
Obviously the gratitude for the continuation of this project after 2015 should go to America.

The highly nepotic despot would NEVER have funded a bridge in an area of Nigeria he openly professed so much hatred for "not voting for him"

Meanwhile, the other infrastructural projects (Expressways) built in the north and west with the $311 million dollars Abacha's loot will not be tolled. But this bridge built between the East and Midwest will be tolled. Go Figure!

https://www.justice.gov/opa/pr/us-enters-trilateral-agreement-nigeria-and-jersey-repatriate-over-300-million-nigeria-assets

America thank you oo.... If there's anything I've learnt in the last few years, it's the fact that hatred breeds a special typr of mental illness really...

Meanwhile Buhari wasn't the one who conceived the idea of tolling the bridge; it was the one who claimed to love the SE so dearly that placed the toll.

XshegzzyeeiX:
For privacy reason, please remove my account details from your quote.
Thanks...

Removed.

Hmmm... casting our minds back to this old topic from May, I hope you now see the relevance of my last response to you regarding how the lack of oil sale in May/June will affect you much later in the year? The lack of forex in the last few months which is a result of that lack of oil sale in May/June has just pushed the dollar up to N500. Do you still think it doesn't affect you?

DMerciful:
See how you're twisting the narrative, which is deceitful in itself. You said the previous govt (and not govts) incurred N63 billion and now you're saying as at the time GEJ left office. Do not shift the goal post!

If the value of the value keeps falling, whose fault is that? Why can't Obj tenure be compared with Bubu? Are you making it seems the incompetent one is facing a separate challenge? You forgot ND militancy was highest in Obj/Yaradua time?
Bubu is a failure, accept it!

Well, I believe I've explained myself clearly in my last posts; as May 2015, Nigeria's total debt was ~$63billion, almost half of that figure was incurred by the immediate past admin, despite the much higher revenue received.

To answer your question on the value of money, I never said Buhari was doing well (if that's what your obsession is), but if you seek the culprit in the drop in value of the Naira, none of our recent presidents is exempt from that fault, from OBJ down to Buhari, and it would amount to economic illiteracy to just think Buhari alone is principally responsible for how the Naira has faired lately given the prevailing circumstances. You asked whether PMB is facing a separate challenge, absolute YES! he is facing a very separate and unique challenge which none of his predecessors faced (i.e. a sudden shock in the economy from a sudden drop in forex). Nigeria's economy was running on an average of $100 a barrel, govt spending, recurrent expenditure, size of civil service etc were built on that average and the economy was used to that price, and then it suddenly dropped without the govt sacking anyone. Remeberr at this time Nigeria was already so import dependent and then boom, forex stopped coming in. Oh yes, the shock situation PMB faced, neither OBJ nor Yaradua nor GEJ experienced that.

But then again, I wasnt even referring to the value of the Naira when I mentioned the "time value of money", I was rather talking of an increasing demand for forex due to an expanding and globalising economy. I will explain below (a long explanation)...

In 1999, how many ordinary Nigerians needed forex? How many Nigerians could travel abroad or school abroad or could go for medical checkup or holidays or shopping abroad as at 1999? If you agree with me the number of people who now do these things have multiplied in exponential proportions since 1999, then maybe it would help you understand what I meant when I said forex demand has increased by over 1000%.

Again in 1999, Nigeria wasnt an almost 100% import dependent nation; we weren't as obsessed as we are today with imported goods (including tooth pick). In 1999, we weren't importing 99.9% of our petroleum products as is the case today, we still wore clothes and shoes made in Aba and used fabrics woven in Nigerian textile mills and ate foods grown in Nigeria.

Unlike today when I can easily with a few clicks from my phone, order something from overseas, in 1999, we neither had phones nor internet. All of the above changes (which are positive by the way) are associated with a continously increasing forex demand over the years. So my point basically is that if oil sold for $10 in 1999 and Nigeria was okay, with the exponential increase in forex demand, you cannot expect $10 oil price to exactly be sufficient for Nigeria in 2020, especially when it was much higher just few years ago.

Furthermore, outside the area of forex, there're many more areas where the demand for revenue has increased over the years. Minimum wage in 2020 is not the same as it was in 1999; even the sheer size of the civil service has increased in exponential proportions since 1999, so fo you still expect $10 in 1999 to be sufficient in 2020?

DMerciful:
GEJ govt borrowed $63 billion? Pure lies!

That's how you buharists use propaganda to deceive gullible people!

Bubu govt has earned far more than Obj govt yet Obj paid our debt accrued during the military era

The importance of verifying info before swallowing it can never be overemphasised. Unfortunately, many typical Nigerians either dont possess the capacity to do this, or just deliberately want to be lazy about it. No offense, but the fact that you jumped to conclusions saying I'm lying, without taking even a second to try and verify what I said (either by asking me to provide evidence or by running a quick google search yourself), that's a lazy trait.

Back to the subject, I said Nigeria's total debt as at the time GEJ left office was $63billion, I didnt say he incurred all of it, but under his tenure, Nigeria's total debt rose by over $30billion to hit that figure I mentioned.

Regarding OBJ earning less, that info is to be confirmed. But even putting that aside, it is total economic illiteracy to compare 1999 to 2020; there's something called the 'time value of money'. N1000 in 1999 does not have the same value as N1000 in 2020. That Nigeria's economy was okay in 1999 with oil prices of $10, that does not mean $10 in 2020 with be sufficient to keep Nigeria afloat in 2020. For starters, Nigeria's forex demand in 2020 is over 1000% higher than what it was in 1999. So next time when people try to compare crude prices in 1999 with 2020, a little bit of economic knowledge should be applied to that logic.

DMerciful:
You still believe those fallacious corruption allegations? How come the corrupt free Bubu govt is borrowing money upandan? Do not let propaganda continue to influence your decision regarding Nigeria

The former govt, despite the much higher oil prices and revenue, borrowed massively to keep things afloat, raking in total debts of about $63billion as at May 2015. In early 2015, when oil prices were still reasonably higher than what it is today, the then govt lamented the drop in revenue and had to borrow about $3-4billion to pay civil servant salaries amongst other things in February 2015.

Since 2015 till date, oil prices have fallen further, govt revenue has dropped further, and it's on record that the current govt has received only about a third of the revenue received by the previous govt (which was also borrowing). With this info out in the public, with the same oil prices still low and with even the more recent covid crisis, you're actually still asking why the govt is borrowing money?

Why would any right thinking human expect GEJ who failed woefully in security to now start castigating PMB for failing in the same subject?

peeps4u:
I was expecting this kind of reply but we're talking about the old refurbished trains brought to Nigeria.
And are these Nigerian trains faster than bus?

Absolutely YES!

These latest rail tracks being built are standard gauge just like what's obtainable in devoloped parts of the world; the tracks can also carry the high speed trains you see in developed countries and lastly, the latest trains being placed on the tracks are not slow speed trains as you think. I think when you hear the word 'train', your mind keeps going back to those older rickety trains than run on narrow gauge tracks; that's not the case for these new trains you've been hearing about (i.e. the ones associated with the new Abuja-Kaduna and Lagos-Ibadan tracks).

NdigboWorldwide:
If they put the price to 1000, I think they will never lack passenger because it will be more than confortable travelling by road.

The price should be dynamic just like flights, not fixed. If the ticket demand increases, price should increase and vice versa. The moment govt starts fixing price, that's where these trains start dying.

The price fixing is already bastardising the abuja to kaduna trains; that's why you see officials hoarding tickets and selling to highest bidders. If the price is made dynamic, and tickets can clearly be bought online, then a massive corruption ring would be blocked.

peeps4u:
How will train safe more time than bus? Is it faster than bus or what and also considering the time they will take to get ticket?

Trains should be faster than bus. These are standard gauge trains, not those old narrow gauge slow ones going from lagos to minna.

NdigboWorldwide:
Bus is cheaper anyway, but that price of train from Lagos to ibandan is billshit with the earnings or majority that is suppose to be using it. , just imagine you are residing in Ibandan and work in Lagos and being paid 100k monthly, tell me how the rail is of help.

I think the price should be driven by demand and supply; book your ticket early, you get cheaper rates and vice versa. In an ideal situation if managed properly like a business, these trains should be able to pay for themselves and payback their loans. But we all know what's obtainable in Nigeria; by 2022, govt would cut the prices to N750 for election and the rail loan would keep being paid by oil money.

jonnyjustcome22:
Do they really understand what they are doing at all because anywhere in the world train is always cheaper than car or bus. The country is moving backward instead of forward.

Where exactly in this world is train cheaper than bus? Any examples?

It's amazing how over 90% of people commenting on this thread are so so confident in their unanimous belief that trains are cheaper than buses around the world. Abeg which world exactly are we really referring to here?

ubox:
I wonder what they'll say if they hear the prices of bullet train.

Lol.. you even go too far.

Lamasta:
By all standard and means train ought to be cheaper compared to road transport...

By which standard exactly?

These modern trains are faster, safer, more secure, far more comfortable and luxurious. based on what standards exactly do we all feel these benefits should come at a cheaper rate? If trains are truly cheaper, then why should I or anyone ever use the bus?

For every country I've been to, train tickets are more expensive than buses; so I wonder where this consensus idea on this thread that trains should be cheaper is really coming from.

NdigboWorldwide:
Railway is cheaper than road, especially taxi.

Taxi is an executive charter service; comparison is train vs bus, which is cheaper globally.

Whitelookq:
Google
Among the different means of transportation, Railway system is the cheapest and safest mode both for passengers and goods. It is the most affordable mode of transportation used for travelling for long as well as for short routes.

For heavy freight movement, Yes! but for passengers, I doubt it. If you insist on your google finding, maybe you should go deeper and please point out any country where intercity passenger train tickets are cheaper than catching the bus.