₦airaland Forum

what do you expect from the only governors who seem to know what governance is about, kudos!

kai, see school!! , yet this idiot wan bring recreational park come delta,

Lol, that place is way safer even with the riots,

Lol, that place is way safer even with the riots,

entourage 8,

martian, countries are coming together to form regional blocs e.g the E.U,ecowas e.t.c, currencies are merging into one,the euro for instance.Ecowas is thinkin of using one currency, open your eyes, A ONE WORLD GOVERNMENT IS ON ITS WAY!

don little, what do you think kanye's "turn up the light" means, it means 'to illuminate', this is just one of the many, i could give more all day,

otokx:
The one that baffles me the most is the UST issue; what is wrong with that campus? Why can't he just put up five 10 storey gigantic student hostels in that place then add a mix of gigantic lecture halls and oh dear, Pardon my use of the word "gigantic"

theres nothing wrong with the present campus at all, but the present place can be converted into a world class medical school for the state university.

I opened this thread as a tribute to the late maestro legend and icon who died on this day in 1997
please drop a line for him here,
RIP abami eda,

DeCleff:
the truth is that nothing Ameachi can do to please people like you since he's not fashola. Unlike fashola, Ameachi is working hard by laying the right foundations that will alter the rapid deuelopment of Rivers state if future government will continue from where he (ameachi) stopped but Fashola is building on the foundations laid by past government before his. You guys should leave Ameachi alone.

no mind them, i understand that we as a people have been raped by our leaders over the years but it does'nt mean we should'nt be patient with a leader everyone thinks is trying his best to make a change.Yes amaechi can be very arrogant but the truth is i have not seen a leader in this state who really wanted to make a change like this man wants to,Lets be patient with him,

StarBoard:
Who started with who?Didn't you jump on me first?
Your mouth is so glued up Amaechi's behind that you can see what he had for lunch.
All your posts in the defence of your talkative governor are as solid as a leaking sieve.

Tuscany village?Is that what Rivers people need?
I'm pretty sure you're not well upstairs,or else how would you type that arrant nonsense?

You still haven't managed to convince anybody on why Amaechi should get the bond.Which has always been my point,but sycophants like you who make a daily living out of praise-singing a governor who at best is on average are expected to offer such inane defenses.
Get a better life.I keep telling you not to make a mockery of yourself on a public forum,but you won't hear.If you were gainfully employed,you wouldn't reduce yourself to this low.

dude please do us and especially youself a huge favour and slit your wrist because obviously the better part of you trickled down your old boy's legs and ended up as foul smelling black stain on the bedsheets, clown!

grabdbull:
I was about to celebrate with Rivers State people until I read Eko Ile's posts. Gov. Amaechi, you can do more than this!! It's a start, but you can do a lot better.

Meanwhile, I thought the article says the project is on over 300 hectares of land? Something just doesn't add up - So much land, so little production.

;Dyou read ekoile's post and have drawn your conclusions??please i wish you could visit the place.

beautufl abattoirs, yet lagos floods,

the Rivers State Government in conjunction
with SBT Juul Africa, will develop the US$150 million (€109
million) Retail Mixed-Use Park/Centre.

This new development is called Monte@Rivers and will be developed
in the Omagwa Area of the New City in Great Port Harcourt
City. Monte@Rivers will borrow elements from a traditional
Tuscany village, where shoppers and visitors will be emotionally
and psychologically transported to Italy. For diners, a unique experience
will be offered with fine restaurants and seating spilling
over onto the streets. It will comprise purpose-built office blocks,
retail and shopping malls, entertainment halls, a luxury hotel, a
conference and events centre with a wedding chapel, additional
religious gathering rooms, conference and banqueting facilities.

The project also involves a multi-purpose piazza which could feature
exhibitions and expos and a secured parking area, cinemas,
theatres and game arcades, an amphitheatre and adventure activity
such as rock climbing walls, bowling, water-world and funfair rides.

www.youtube.com/watch?v=zRF87eLxyYE

COMPAQ:
I don't think Rivers state needs it. Most of the projects listed are unnecessary i.e monorail and entertainment centre. The ring road just maybe makes more sense. The guy should get the basics right before going all grandois. The roads in PH (other than the ones he just dualised or is currently dualising) are pretty bad and the traffic issues are mostly caused by ineffective management of junctions and commercial operators. We have not proactively done all that can possibly be done to surmount those issues and we are immediately talking of a monorail. Besides, someone rised a point earlier that the monorail was supposed to be a PPP, so why is govt putting so much money in it.

i agree that the monorail IS unecessary especially when are roads are still bad but its already started.it is a PPP arrangement but the private partners seem to having problems coming up with their own cash.
The entertainment centre is not "entertainment" as such.its like an IT park and its solely to help development shift to GPH.

Johndoe100:
I think the govs priorities are wrong. He needs to do something to uplift the people, go look at the  the way the people in the villages are, it is disgrace.
Why he doesn't care, I don't know.

sometimes when we argue we should be fair.What do you suggest he should do to help them?lap them and feed them?the songhai farms at ogoni, who are they meant to help?the health centres and schools in these communities,who are they for?

otokx:
Bad move; AMAECHI should ask AKPABIO the secret of his success.

not a bad move at all, when i first started work after leaving school, i and a couple of my colleagues used to do 'isusu'(cooperative), maybe 70k/month from everyone for one person, and it helped with major projects each of us wanted to do.i believe this bond will help turn the WHITE elephant projects into realities ONLY IF the funds are used well (hopefully), otokz,the portharcourt ring road was initially valued at 1billion dollars before the cash crunch pushed it up to 2billion.lets say its currently valued at 1billion(150billion naira), that leaves 100billion out of the 250 for the other projects, 1.the M10 highway, and infrastructure at the new UST.
Yes, he's supposedly saving a billion a month.from the inception of this administration,he should have saved about 50billion naira which is the exact cost of the monorail and apparently the state will end up funding the whole thing since the private part of this arrangement is foot dragging,
These are major projects that will help move development from PH as it is, everybody wants to be in PH city, why wont our roads breakdown and infrastructure overstretch.it is high time PH changes from its city-state status and these projects IMO will go a long way in achieving that,

StarBoard:
Quit acting like a re-tard and for once,think with your brain instead of your scrotal sac.
Why are you shifting the emphasis of this debate?
With all the money available to Rivers state,do you think it is a wise move to get a bond to embark on those projects?
Amaechi's but.t-kisser,was it wise to waste money on a sports festival and purchase of a jet when your 419 governor knew he had those projects to be done?
Apparently,government propaganda is your thing.You are either gullible to government statements or just plain stu.pid.
Kindly justify why a bond has to be taken instead of resorting to clowning on a public forum.

grow a brain first, then we can start from there, i am done with you!

antitpiah:
Why show us the building, who cares about the building


Show us the inside, I mean the cool toys inside

fashola the 'show' man,

russellino:
O boy stop am o ! I'm already paying more than 10% on my monthly salary. after everything i still have to drive through river lekki to get home and buy fuel for my generator

jimmysho:
400 crates daily means the birds are a little above 19000 birds using 70% production index. that is a small farm. several of my customers ve such facilities. though it's is over 35 million naira to operate capacity. 4 a state govt, such project should not be use to brag about. animal care in ogere ve well over 1 million laying birds

yes because the songhai farm initiative is just a poultry,

Eko Ile:
What ever terminology that makes you sound silly, it makes no difference to me, just quit rubbishing the man's name with wayo wayo stories.

You should be able to stand on your own 2 feet with your shady stories without leaning on Fashola.

eko ile where are those abbattoirs

StarBoard:
Muppet.
We know you are Amaechi's NL PRo,but try looking out of your behind for once.
How do you know I don't live in PH?
What personal problem?Are you silly?
This is a public forum,not your village square where you are allowed to show your idiocy and it will be accepted.
Why does he need a bond to develop Rivers?Answer that,you bigoted id.iot

, read the article again and COMPREHEND and quit acting like a child,

Bensonite:
Rhino.
I think his problem is not sekibo or ACN. Nyesor Wike his campaign manager was one of the problems he had hence he tactically sent him out to be minister in GEJ cabinet. The opposition is helping him to be on his toes by asking questions the average rivers may not asked openly. They may be faulty in some but some are meaningful. Take the state procurement law for example, the state house of assembly made a law in 2009 that enables the Governor to spend 30% of the revenue budgeted/actual at the volition of the governor.
We were told the monorail is joint funded by government and PPP, so why is so much money been sink into it again when the state claims to be meeting its obligation.
Why build a new university in a new site when the existing one has all it takes but needed proper funding to be world class. The same mistake made in building a new stadium now they are getting worried how to maintain it. It will rot like the old ones because nothing new in policy has been put in place.

1.the public procurement law is stupid if you ask me 2.the Private partner in this whole monorail thing apparently developed cold feet 3.That new university makes ABSOLUTELY no sense.

By George Onah
Port Harcourt — Governor Rotimi Amaechi of Rivers State has said his administration plans to issue N250 billion bond at the capital market to fund major developmental projects.

A statement by spokesman for the Rivers State governor, Mr. David Iyofor, said the bond would be tied to funding of specific projects, such as the Greater Port Harcourt City, the Port Harcourt Monorail project, the new Rivers State University of Science and Technology Phase 1.

It would also fund Monte@Rivers (an entertainment complex), the Port Harcourt Ring Road(that would connect the old city and Greater Port Harcourt) and a new M-10 Highway (a beltway that would link the Port Harcourt International Airport to the Onne Sea port).

Iyofor explained that “such gigantic projects would need immediate and massive funds injection to complete them. Hence, Rivers State plans to approach the capital market in October, 2011 to raise these funds.

“Already the state House of Assembly has given the nod for the governor to go ahead and obtain the bond as such projects cannot be accomplished by sheer reliance on federal allocation and internally generated revenue that comes in trickles.”

Giving details, Commissioner for Finance, Dr. Chamberlain Peterside said:“These long term capital projects that are capable of catalyzing the industrialisation and transformation of Rivers State require massive financial investment that can only be obtained from the capital market.

“The proposed size of the first tranche of the bond will be about N100 billion with five years tenure, whereas the total bond programme of N250 billion is envisaged over the next several months.”

Peterside said.
According to him, “Whilst energy prices remain relatively high on the world market in an atmosphere of somewhat low to moderate interest rate, Rivers State would benefit from a bond issue at this stage through leveraging its high income potential and favourable credit rating, coupled with a debt portfolio that is currently low at less than 30 billion naira.”

“The economic indicators of the state, including annual Gross Domestic Product of about 30 trillion naira compared to its debt stock are positive attributes that Rivers State can ride on to raise additional funds to finance its long term development agenda and fast track social and economic growth.

for those who cant read and comprehend,

StarBoard:
Why?
The fraudster of a governor stated that he saves N1billion every month.
He gets the highest allocation by way of 13% derivation.
Where is all the money gone?If you know Rivers state,you should know that it's unlikely to happen.
If the money that game in naturally isn't enough,how will a bond be sufficient?I hate insinuations like these.
He has all it takes to be in charge,unless he's telling me he isn't able to run the state effectively (which is evident judging from the state of roads in port harcourt),regardless of whatever cartel that exists.

stop typing nonsense, if you have a personal problem with amaechi try and settle it with him, You do not live in PH and you are here crying more than the bereaved,

Ibime has the state issued a bond before?

Beaf my man, we don miss you die, but to be honest i think yaradua was a better and stronger leader, Beaf my man, we don miss you die, but to be honest i think yaradua was a better and stronger leader,

Beaf my man, we don miss you die, but to be honest i think yaradua was a better and stronger leader,

Beaf my man, we don miss you die, but to be honest i think yaradua was a better and stronger leader,

Beaf my man, we don miss you die, but to be honest i think yaradua was a better and stronger leader,