₦airaland Forum

kraftysprouts:
Nigerian government have totally given up on building Nigeria to private companies.

Even NIN registration, why then do we have a government?

The role of government is to provide an enabling environment for business to thrive. Hence, creating avenues for companies to make money - taking care of the NIN registration, providing infrastructure, etc is the primary role of government. Government is and should not be running or managing business nor running a business. Government, anywhere in the world cannot run businesses effectively, running a business by government breeds corruption and that is what is happening in Nigeria.

seunmsg:
Why not get a proper understanding of the news before talking rubbish. The amount of ignorant comments on this thread is worrisome.

Mr Professor why not mind ur rubbish statement I know what I read and that's my own opinion, they pay tax to their gvmrnt from here they should leave the road and pay their tax, and the end of the day they will up the amount,

They better do a solid job

DoggoneDogg:
Another Otedola bridge loading...

Once that road is completed, many fatal accidents will start happening & MTN's share price will soar.

OMG!!!! This is ridiculous!!!

Dangote did the same, am in support of MTN


Check my signature if you need quality personal and protective equipment ( PPE's)

RedEnergy:
Another tax evasion + corruption opportunity. Let's assume:
Actual costs to fix road = 3 billion
MTN declares costs as = 16 billion

Corrupt govt officials get kickbacks of = 4 billion
MTN gets tax credit profit of = 9 billion

Business continues...

the masses = good road.
What has all the tax MTN and other companies been paying done for you?
They should fix the abeg. My worry is that as usual, this evil government will tell mtn to fix another road in another region instead of this one here.

Ok

KingAzari:
Have you seen what Dangote is doing on Apapa - Oworonshoki expressway under the same scheme?

Hmmmnnn

RedEnergy:
Another tax evasion + corruption opportunity. Let's assume:
Actual costs to fix road = 3 billion
MTN declares costs as = 16 billion

Corrupt govt officials get kickbacks of = 4 billion
MTN gets tax credit profit of = 9 billion

Business continues...

That's why I pity gullible NIGERIANs celebrating such nonsense...I warned when Dangote started it that this is another pipeline for massive corruption

Good strategy, they should do quality roads, not those village grade footpaths they do in south Africa.

RedEnergy:
Another tax evasion + corruption opportunity. Let's assume:
Actual costs to fix road = 3 billion
MTN declares costs as = 16 billion

Corrupt govt officials get kickbacks of = 4 billion
MTN gets tax credit profit of = 9 billion

Business continues...

Actually, it does not work that way. The contract will be awarded by FEC after passing through all laid down procurement processes including getting a "certificate of no objection" from BPP. MTN will fund the project based on the contract sum approved by FEC and the project will be supervised and certified by engineers from Federal Ministry of Works. So, the contract sum will be determined by the procurement system and not MTN.

izombie:
the masses = good road.
What has all the tax MTN and other companies been paying done for you?
They should fix the abeg. My worry is that as usual, this evil government will tell mtn to fix another road in another region instead of this one here.

Exactly the same way they asked Julius Berger to construct another brideg instead of the Second Niger Bridge. Smh.

Timmi:
The role of government is to provide an enabling environment for business to thrive. Hence, creating avenues for companies to make money - taking care of the NIN registration, providing infrastructure, etc is the primary role of government. Government is and should not be running or managing business nor running a business. Government, anywhere in the world cannot run businesses effectively, running a business by government breeds corruption and that is what is happening in Nigeria.

They don't even know what kind of government they practice in Nigeria

This country sha na just scam but I thought the road was in the budget now a tax wavier

seunmsg:
Actually, it does not work that way. The contract will be awarded by FEC after passing through all laid down procurement processes including getting a "certificate of no objection" from BPP. MTN will fund the project based on the contract sum approved by FEC and the project will be supervised and certified by engineers from Federal Ministry of Works. So, the contract sum will be determined by the procurement system and not MTN.

Hmmmmn. My Auditor! Very adept at things pertaining to civil service, cash disbursements and audit. Yet, is curiously a salesman. Hmmmmn!

Hmm!

DoggoneDogg:
Another Otedola bridge loading...

Once that road is completed, many fatal accidents will start happening & MTN's share price will soar.

Is this theory based on Scientific and evidence-based research or just superstition?

Staphylococcus:
Wow!

This is commendable

And I am certain MTN will deliver quality work

Julius Berger things.....


China has already infiltrated MTN.. ...... Its definitely China construction

Before you start blowing siren wow wow wow...

Need I remind you, you will be the one paying for that road in years one way or another...

Suffer no dey finish for this country

mrfoxx:
Before you start blowing siren wow wow wow...

Need I remind you, you will be the one paying for that road in years one way or another...

Suffer no dey finish for this country

Sigh....

It is still a good gesture.

Foolish comment. You need to wash your brain of all these Nollywood ritual films

DoggoneDogg:
Another Otedola bridge loading...

Once that road is completed, many fatal accidents will start happening & MTN's share price will soar.