₦airaland Forum

Rossiminku:
As far as I'm seeing all this infrastructure being built, by which I mean tangible infrastructure like this, then it means things are changing somewhat. Let's be optimistic.

This rail line will generate serious business, and will lead to many more mansions in the East. Guaranteed.

You mean will be vandalized or looted?

Okoroawusa:
I Love PMB

That's nice ,I pray that may your life and the life of ur family be the same way buhari rules Nigeria

Rossiminku:
Stop talking rubbish.

Surrendering WHAT sovereignty?

Show us the clause. Don't just shout and claim, and expect us to accept it.



Why the hell should a high speed rail line connecting the north and south in Africa's largest economy, with a half a trillion dollar GDP, not be able to pay for itself?

Give me one good reason.

Do you know the volume of trade that goes on in Nigeria daily?

Do you have any idea the amount of cargo that will be transported between north and south on that line?



China offered the LOAN meaning the govt does not need to pay cash upfront for the project, which it would have had to do if it hired a local Nigerian firm, assuming we had one that could execute the project.

hmm I thought you're intelligent. Have a nice day

Rossiminku:
This country get money sha.

It is on loan.

Kingspin:
Nobody lives on false hope or patriotism anymore. It fact, reality or genuine development.

You mean you haven't seen this administration commissioned any infrastructure like railway, hospital, roads, power projects, or even housing?

Are you really ignorant or just pretending to be?

Saao:
you don't know anything, you simply typed based on your political affiliation not the love for the country. Every loans from China comes with a clause of surrendering your sovereignty incase you default. A simple economic question you should ask yourself, can the projects repay the loans? Why is the project giving to Chinese company or are they no competent Nigeria engineers company that can handle the job? Let's talk with facts not assumptions, I have seen two contracts document relating to Nigeria loan from China signed by our government officials and the two major points I made above formed part of the contractual agreement.

I wonder why you have shown us the contract for this project with your so-called clause.

Stop spewing what you can not prove with facts.

Good one by buhari If it will actually be done.

Rossiminku:
Is the loan free money?

Don't you have to repay it?

Every country takes out loans dude.

If a country takes out too much loans, then that country is broke. Same with individuals and firms.

Rossiminku:
There is no loan to loot.

These infrastructure loans work like this:

- Nigeria seeks a loan from China to build a railway line using a Chinese company.

- The Chinese govt pays 80% of the loan amount to the company, while the Nigerian govt pays the company the 20% balance.

- Nigeria then repays the Chinese govt the 80% loan over a 20 to 25 year period, plus negligible interest.

So no money actually changes hands, in terms of this 3.02 billion dollar contract.

It is a clean deal, that has already been funded by Beijing and Abuja.

It is sure to materialize. 100%.

Next time, try to understand before criticising and condemning.

You don't know how looting occur.
The balance from Nigeria is the loot

Praxis758:
Nigeria is now being chinalised with debt, infrastructure and contract.

arguing blindly.

The first picture was Nigeria before PMB and Nigeria during PMB.

To God be the glory.

God Bless PMB.

plaindealer:
You mean you haven't seen this administration commissioned any infrastructure like railway, hospital, roads, power projects, or even housing?

Are you really ignorant or just pretending to be?

After all the commissioning, what is the light situation in your area?, compare that to roads, the railway shadow project, (what's happening there? Housing where? pls don't go there.
Nigeria don't have infrastructure growth plan and even if they do, It's not followed. It's been politics all the way unless we make development and growth priorities. No way

chrisxxx:
You don't know how looting occur.
The balance from Nigeria is the loot

Which one is the balance again?

What is wrong with you people?

[quote author=Rossiminku post=101864298].
.
China’s CCECC secures $3.02 billion Nigerian Eastern Railway contract

RailwayTechnology.Com

29 Apr 2021


https://www.railway-technology.com/news/ccecc-nigerian-eastern-railway-contract/[/quote. How many eastern state did it cover

jerseyboy:
One Nigeria Lie

serious lie. Look at 2nd niger bridge, nobody is talking about it

plaindealer:
I wonder why you have shown us the contract for this project with your so-called clause.

Stop spewing what you can not prove with facts.

why not ask ur government to show you? I'm not your government or you can't access then and you are here supporting those mortgaging your future and your unborn children. I don't know why some of you with political affiliations can't tolerate other people contribution. I came up with my facts, what are the contractual agreements since you disputed mine? You can help yourself by not quoting me again. Thank you

Kingspin:
[b]After all the commissioning, what is the light situation in your area?, [/b]compare that to roads, the railway shadow project, (what's happening there? Housing where? pls don't go there.
Nigeria don't have infrastructure growth plan and even if they do, It's not followed. It's been politics all the way unless we make development and growth priorities. No way

First, you said they did not build any infrastructure and after educating you, you shifted and gyrated to light..

You are a troll after all, just plain ignorant.

Rossiminku:
.
.
China’s CCECC secures $3.02 billion Nigerian Eastern Railway contract

RailwayTechnology.Com

29 Apr 2021


https://www.railway-technology.com/news/ccecc-nigerian-eastern-railway-contract/

If they were going to sell the country they shouldn't start in the east

President bihari is trying for eastern region of Nigeria, first he start with second niger bridge and now railway network.

Saao:
why not ask ur government to show you? I'm not your government or you can't access then and you are here supporting those mortgaging your future and your unborn children. I don't know why some of you with political affiliations can't tolerate other people contribution. I came up with my facts, what are the contractual agreements since you disputed mine? You can help yourself by not quoting me again. Thank you

...but the government did not make that claim on NL, you did so where is your facts?

Ignorant people, always lying and when we ask them for facts, they start dodging and passing their lies to other people ..

What a shame..

Praxis758:
The US you mentioned do not give its sensitively key infrastructure to foreigners to handle.

Moreso, the indebtedness of the US to china is purely production which is boosting its local economy while ours is consumption that's killing our posterity and potentials.

Not true. US is more indebted to China in more sensitive ways than Nigeria. US treasury bonds is bought mostly by China.

Rossiminku:
It is called the Eastern corridor because it starts from PH and passes through Aba, Enugu, Onitsha, Middle Belt all the way up to Maiduguri.

The western corridor starts from Lagos through Abeokuta, Ibadan, Benin, all the way up to Kano.

Then there is the East-West Coastal Line coming up that connects Lagos to PH, Calabar, Onitsha, Enugu, Owerri, Umuahia etc.

It's a fully comprehensive high-speed network that is being set up.

The Nigerian railway system will be the pride of Africa when it's fully completed.

NRC Train, Lagos-Ibadan.
https://pbs.twimg.com/media/EVED970UcAAiY_s.jpg

the Western corridor does not link Benin. Lagos-Ogun-Oyo-Osun-kwara and North

More Jobs for Nairalanders.

Rossiminku:
This country get money sha.

Ode we have money and we dey collect loans, people like you are the reason people think we don't have sense

plaindealer:
First, you said they did not build any infrastructure and after educating you, you shifted and gyrated to light..

You are a troll after all, just plain ignorant.

They commission plants, how many times you get light in your area? Stop following politicians. Get facts or what is on ground.

What they told you they're building has not transformed anywhere. That's why nothing is seen to be happening. The masses aren't smiling.

If the lifeless terrorist inside the Rock likes, let him build railway to every village, humans in the South and bloodsucking vampires from the Saharan desert have nothing in common. This fraudulent contraption must end.

[s]

Kingspin:
They commission plant, how many times you get light in your area? Stop following politicians. Get facts or what is on ground.

What they told you they're building has not transformed anywhere. That's why nothing is seen to be happening. The masses aren't smiling.

[/s]

I don't just know why i hate any connection/link with this northern people. I feel this will bring easy and free flow of terrorist to the eastern/southern part

Looking like London all in less than 3 years, fasted railway construction in the history of Nigeria from start to finish.

Sad to know that the PDP from OBJ to Yaradua and GEJ, they all left this project dead and decayed on the drawing board for 13 years, but PMB started and completed the project in 3 years.


God bless PMB.

Fastlinkpro:
I don't just know why i hate any connection/link with this northern people. I feel this will bring easy and free flow of terrorist to the eastern/southern part

...what difference does it make? You already have your own dealy and killing machine terrorists in the SE.

plaindealer:
[s][/s]

I leave
After 8 of Buhari you will still come here to repeat that one transformer is built in one village, or no road, hospital etc. The same problem.

I leave you with these.

xelly:
misleading title. Eastern Railway Track moving from PH - Maiduguri. I thought Eastern States are Enugu, Anambra, Imo, Ebonyi? I don't know again ooo.

They'll still rehabilitate or follow the existing railway track that runs from Port Harcourt through Aba, Enugu, etc down to Maiduguri.
the difference is that the existing one runs from Port Harcourt park, but this current one will be channel to Onne sea Port and Port Harcourt sea Port for industrial purposes.