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FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others (16964 Views)

FEC Approves ₦‎454 Billion For Kano-niger Republic Rail, Others / Jonathan's Government Awarded $1.96bn Kano-Niger Republic Rail Line In 2013 / Senators Disagree With Amaechi Over Nigeria-Niger Republic Rail Line, Others (2) (3) (4)

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Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Lightorder: 7:13am On Sep 17, 2021
Macobet:

Mr u are stupid, and s terrorist sympthiser, Nigeria has not finish building a good rail system within the country , yet u want to build rail wer security and terrorism is the order of the day. PMB is just building this in case the future of Nigeria is at stake tomorrow, we have not played the debt we are owing, yet u want us to borrow again, buhari govt is hell in nigeria
sir , that guy you replied is gone. He is irredeemably senseless. Imagine where he is still stuck in. Give him an opportunity , he would still vote these disasters ten times over. Ask him the condition or situation of the roads leading to the shanty he lives in, you will discover that he swims through. Yet he is holding brief for the government on a white elephant project connecting to a barren country

5 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by techWriter1: 7:14am On Sep 17, 2021
Buhari government shall....anybody queries President of Nigeria. Very electricityful when in electricity.
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Nobody: 7:14am On Sep 17, 2021
the Federal Government’s approval for the construction of a rail line linking Nigeria to Niger Republic as an insult and waste of scarce resources.


“By this latest move, it has indeed become obvious to the world that the managers of our country have ulterior and sinister motives: to ruin this country.

“The Congress is not averse to development. Constructing rail lines to Kano, Katsina and Dutse is understandable; but why extend it to Niger Republic? Why should we borrow from the IMF, World Bank and China to build a rail line to Niger Republic?



“Is there something this government is not telling us? How could the Federal Government come up with such an idea in a country where potable water has become a luxury; right to electricity is regarded as a taboo for an average citizen, roads have become death traps and our health facilities lack malaria drugs?

“That sum, $1.96 billion when exchanged at the rate of N380 per dollar, is almost N800 billion. This can do a lot in the economy.


“The outbreak of the pandemic has exposed Nigeria to the world: our Federal Government was begging for ventilators and nose masks.

“Our education sector is in a shambles. Agreements reached with the Academic Staff Union of Universities, ASUU, over a decade ago are yet to be met.


“We are celebrating six decades of independence yet Ghana, South Africa, etc. are threatening and treating Nigerians in their country with disdain. It hurts. It really does!

“According to a report from the Debt Management Office, Nigeria’s total debt rose to $79.5 billion (N28.63 trillion as of the first quarter of 2020). Debt servicing gulps trillions of naira yearly.


“News had it that Nigeria’s sovereignty is at stake if the country fails to pay China! How could the Federal Executive Council, FEC, accept such now? Or, has the Niger Republic annexed Nigeria?

“Government has not completed the road that connects Nigeria with other Western African countries yet the President Buhari-led administration approves construction of a rail line to Niger!

“What is Nigeria paying for? Or, could this be another way of looting our commonwealth in preparation for the 2023 electioneering campaign? The whole thing is becoming more confusing.

“Your Excellencies, there are many roads seeking attention throughout the country. The Lagos-Ibadan expressway services every vehicle coming into Lagos, including the ones from Kano, Katsina and Dutse; why has it not been completed?

“The Niger Delta that lays the golden egg does not have good roads and potable water. They neither fish in their water nor go to the farm because of oil spillage.

“Yes, it is true that the NDDC was supposed to provide most of the basics; unfortunately, the reverse is the case because of corruption.

“Those appointed to manage the Commission ended up looting it dry. None is in jail because in the very first place it was a political settlement.

“Since someone fainted during the National Assembly probe of the Commission, we have not heard anything again on the matter.

“It is shameful it happened at a time our ‘incorruptible’ president holds sway. All we are saying is that Charity begins at home! This is not the time for profligacy and licentious spending; the government must manage our lean purse prudently.

“We must set our priorities right because Nigeria is becoming a laughing stock to the whole world. Tinkering with such ideas at a time the electricity tariff has been increased and fuel price hiked is indeed suicidal.

“Nigeria should stop playing big brother at the expense of Nigerians. This government is not being fair to Nigerians. Simple.”

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Ykc2(m): 7:17am On Sep 17, 2021
Lifestone:
We reason with lots of sentiment as a country. In my view, this project is all about competing for the share of trade routes to Niger Republic which is being competed for by both Nigeria and Benin Republic.
Niger Republic is land locked and will require access to Sea/Port through either Nigeria or Benin Republic. This is an economically sensible decision. The project is also significantly part of the LAKAJI corridor which was essentially designed to link Lagos to Kano to Niger Republic, that plan has been on ground before Buhari and it makes sense.
That project will certainly pay for itself given the success of Abuja - Kaduna and Lagos - Ibadan experience.
Niger republic economy is like that of nnewi not to talk of aba ,buhari knew what his doing,southerners thought they are wise buhari is dealing with them very well I love it,our oyel people love it too

4 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Yampotatocarrot(m): 7:17am On Sep 17, 2021
Lifestone:
We reason with lots of sentiment as a country. In my view, this project is all about competing for the share of trade routes to Niger Republic which is being competed for by both Nigeria and Benin Republic.
Niger Republic is land locked and will require access to Sea/Port through either Nigeria or Benin Republic. This is an economically sensible decision. The project is also significantly part of the LAKAJI corridor which was essentially designed to link Lagos to Kano to Niger Republic, that plan has been on ground before Buhari and it makes sense.
That project will certainly pay for itself given the success of Abuja - Kaduna and Lagos - Ibadan experience.

Hmmmm, Sir. I understand the angle you're looking at it from.

But, let me ask, have you visited the port in Lagos and the one in Benin Republic? If you've done so, you'll realise that it's WISER for exporters to export through Benin than through Lagos. Clearing of goods over there is very easy, without any congestions. I'm sure there are containers at Apapa that have been waiting for months now.

Question becomes, what stops exporters from bringing the goods to Lagos, then taking it through the border to Benin where it's EASIER to export, rather than leaving their goods hanging at the Lagos seaports?

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Okunga: 7:18am On Sep 17, 2021
If I am the next president immediately I resume the office of the President I will first collect another low of Small 20 million dollars and distribute the money to all the weed sellers in Nigeria to supply all the Stoners enough ganja to reason with me as it’s going to be another borrowing galore all through my regime. So let’s all sit back blaze up and enjoy the ride lol… Na joke I Dey ooo! I don’t see anything bad in borrowing for infrastructure but what I see wrong is absolutely nothing as una dey shout vat and tax baba dey reason route to supply Northerner agricultural supply to his sure consumers.

Let’s all go Gaga since una head for South wan Dey touch…

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Lightorder: 7:19am On Sep 17, 2021
Lifestone:
We reason with lots of sentiment as a country. In my view, this project is all about competing for the share of trade routes to Niger Republic which is being competed for by both Nigeria and Benin Republic.
Niger Republic is land locked and will require access to Sea/Port through either Nigeria or Benin Republic. This is an economically sensible decision. The project is also significantly part of the LAKAJI corridor which was essentially designed to link Lagos to Kano to Niger Republic, that plan has been on ground before Buhari and it makes sense.
That project will certainly pay for itself given the success of Abuja - Kaduna and Lagos - Ibadan experience.
you are a disaster . May you never be forgiven

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Lifestone(m): 7:20am On Sep 17, 2021
Macobet:

Mr u are stupid, and s terrorist sympthiser, Nigeria has not finish building a good rail system within the country , yet u want to build rail wer security and terrorism is the order of the day. PMB is just building this in case the future of Nigeria is at stake tomorrow, we have not played the debt we are owing, yet u want us to borrow again, buhari govt is hell in nigeria
The problems with Nigerians like you is that you are not knowledgeable yet you will come to public forum to expose your ignorance.
This project represents tomorrow and one of the most sensible investments Nigeria will make. All over the world, nations take loans to finance infrastructure projects especially those that has potentials to pay itself back. So because of insecurity we should stop building critical infrastructures.
The destruction of our roads and killings by trucks hauling goods to the North and Niger Republic is another perspective to the benefits of this project. If you see this project from ethnic perspective, then I can not help you.
On the issue of security, that's a completely new game that we must hold Buhari responsible, because he's failing in that regard.
But I won't keep quiet and allow people like you undermine a project as this. We need more of this as a country

2 Likes 1 Share

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by bleskid: 7:20am On Sep 17, 2021
buhari dei flex ,, and e no send any body ,, his own na to Dei sign papers

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Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Nobody: 7:21am On Sep 17, 2021
And they will approve as the morons they are grin grin grin i done laugh tire

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Lightorder: 7:22am On Sep 17, 2021
Who are the IDIOTS giving them this loan ? Who are they

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Lifestone(m): 7:22am On Sep 17, 2021
Lightorder:
you are a disaster . May you never be forgiven
Because you are biggotted, you can't see anything good in government. Cynics

2 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Nobody: 7:23am On Sep 17, 2021
Lifestone:

Ghana has access to sea and has ports including the revamped Tema Ports, Benin Republic has her Coutonu ports (Currently the biggest competitor to Nigerian for even on our imports) who presently service Niger Republic more.
Rail to Niger Republic is attractive only because they are landlocked. I hope you get.
Let me mention here that the focus is on cargos transportation (80%) passenger opportunities is little

Why borrow money in this pandemic to build a railway in Niger Republic -Just like your building a refinery in Niger republic-NIGERIANS who do this to us - The cabals make ethnic decisions not business decisions-Tell me whats the purpose of building a refinery in Kaduna ? lying pipes from Niger delta to Kaduna ,now you want to construct another pipe lying resource wastefulness in Niger republic-Niger republic have no viable economic value to Nigeria compared to Ghana or Benin republic -Why borrow money now to build it -Your agenda is not economically base.
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Bigchristo: 7:23am On Sep 17, 2021
Deltafirstson:

https://punchng.com/fg-to-spend-4-9bn-fresh-loans-on-kano-niger-republic-rail-line-others/
So this Bridge is more important that the federal government have to borrow and finance it? Of what benefits is to the country economy?

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Lightorder: 7:25am On Sep 17, 2021
Lifestone:

Because you are biggotted, you can't see anything good in government. Cynics
Oga, you have replied me. Now don’t ever in your whole senseless existence, mention me again. You will not like my next reply to you. Please, stay away from me please. . Thank you

2 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Lifestone(m): 7:26am On Sep 17, 2021
Yampotatocarrot:


Hmmmm, Sir. I understand the angle you're looking at it from.

But, let me ask, have you visited the port in Lagos and the one in Benin Republic? If you've done so, you'll realise that it's WISER for exporters to export through Benin than through Lagos. Clearing of goods over there is very easy, without any congestions. I'm sure there are containers at Apapa that have been waiting for months now.

Question becomes, what stops exporters from bringing the goods to Lagos, then taking it through the border to Benin where it's EASIER to export, rather than leaving their goods hanging at the Lagos seaports?
Situation in Lagos port is a disaster and a disgrace. I also agree that it's easier and cheaper to import and export via Benin Republic. But you will agree with me also that it should not stop this project. Let's request that government fix the port also, luckily they are both under the same Minister, our brother Amaechi
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Mumusaphire: 7:26am On Sep 17, 2021
Lifestone:
We reason with lots of sentiment as a country. In my view, this project is all about competing for the share of trade routes to Niger Republic which is being competed for by both Nigeria and Benin Republic.
Niger Republic is land locked and will require access to Sea/Port through either Nigeria or Benin Republic. This is an economically sensible decision. The project is also significantly part of the LAKAJI corridor which was essentially designed to link Lagos to Kano to Niger Republic, that plan has been on ground before Buhari and it makes sense.
That project will certainly pay for itself given the success of Abuja - Kaduna and Lagos - Ibadan experience.
u Really right and at the same time, wrong because all this project u are hearing will be abandoned project sir and next president will borrow money on same purpose. Do u know oyo to ogbomosho express was approved and borrowed loan for since obasanjo first tenure? Till now, d road still there.

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by APCNig: 7:26am On Sep 17, 2021
Oloriburuku somebody. Railway to Niger Republic for easy movement of bandits = Fulani herdsmen = boko haram

3 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Nobody: 7:27am On Sep 17, 2021
Lifestone:

The problems with Nigerians like you is that you are not knowledgeable yet you will come to public forum to expose your ignorance.
This project represents tomorrow and one of the most sensible investments Nigeria will make. All over the world, nations take loans to finance infrastructure projects especially those that has potentials to pay itself back. So because of insecurity we should stop building critical infrastructures.
The destruction of our roads and killings by trucks hauling goods to the North and Niger Republic is another perspective to the benefits of this project. If you see this project from ethnic perspective, then I can not help you.
On the issue of security, that's a completely new game that we must hold Buhari responsible, because he's failing in that regard.
But I won't keep quiet and allow people like you undermine a project as this. We need more of this as a country
Mr Man , still check your statistics, those countries that take loans have good financial institutions , which can help relay those loans, a country like Nigeria, our financial institutions are weak, look at the dollar, how much now in mr buhari tenure, this govt is a fraud, and are happy seeing the average Nigerian suffer, don't come here and disgrace yourself supporting terrorist, political prostitute, and men without intergrity, comparing them with countries who have men with polished thinking capabilities, who put out proper measures to see their countries better...
U are a terrorist sympthiser and am not surprised that u can't think that instead of the govt open rail to niger, those monies should be invested in building better ports in the country, and good rail network in the country first, before building to a neighboring country that thier economy is below par..

4 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by BreakingNews21: 7:27am On Sep 17, 2021
I read the Punch article twice to get a better understanding of the budget proposal. The story is more encompassing than the headline title.

And our small minded senate president is thinking in terms of a bleeping car loan na. grin

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by chimesky: 7:28am On Sep 17, 2021
America is busy building strong tall concrete walls along its border line, and this yeye illiterates are spending on linking rail to neighbours and you say everything is OK. ...in the terror filled world Islamic extremist is dishing to people..

Rogue Nation..Nigeria is gradually sinking. And in the faces of the southern leaders. All for the sake of money. How about our Children to come.the future to bequeath them...
#IstillBelieveInGodMostHigh..let the religious leaders keep on keeping mute .God will deliver judgement when will all leave here...we all have 100 years to live if you are lucky you add 10 or more. Then subtract from your current age .what's remaining days do you have to spend ...WHY NOT DO SOMETHING.

3 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by sylve11: 7:30am On Sep 17, 2021
Lifestone:
We reason with lots of sentiment as a country. In my view, this project is all about competing for the share of trade routes to Niger Republic which is being competed for by both Nigeria and Benin Republic.
Niger Republic is land locked and will require access to Sea/Port through either Nigeria or Benin Republic. This is an economically sensible decision. The project is also significantly part of the LAKAJI corridor which was essentially designed to link Lagos to Kano to Niger Republic, that plan has been on ground before Buhari and it makes sense.
That project will certainly pay for itself given the success of Abuja - Kaduna and Lagos - Ibadan experience.

While agreeing with this, you should also take into consideration the challenges that'd likely comes with it. Influx of bandits..... cool

2 Likes

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Lifestone(m): 7:30am On Sep 17, 2021
9jah:


Why borrow money in this pandemic to build a railway in Niger Republic -Just like your building a refinery in Niger republic-NIGERIANS who do this to us - The cabals make ethnic decisions not business decisions-Tell me whats the purpose of building a refinery in Kaduna ? lying pipes from Niger delta to Kaduna ,now you want to construct another pipe lying resource wastefulness in Niger republic-Niger republic have no viable economic value to Nigeria compared to Ghana or Benin republic -Why borrow money now to build it -Your agenda is not economically base.
I have issues with our leaders on some of their decisions, I am not an employee of the government or a politician, but on this rail stuff I am with them

1 Like

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Btruth: 7:31am On Sep 17, 2021
......if only someone could explain to me what our interest in Niger is? Perhaps, I will understand why all this stupid rails connections to Niger is.
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by Lifestone(m): 7:35am On Sep 17, 2021
sylve11:


While agreeing with this, you should also take into consideration the challenges that'd likely comes with it. Influx of bandits..... cool
Bro I share your concern. But me thinks that will allow those illegal immigrants who have been using Bush to even come through official routes to be profiled.
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by salvation900l: 7:36am On Sep 17, 2021
hmmm
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by BreakingNews21: 7:37am On Sep 17, 2021
Africa is trying to move forward.

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by ajl: 7:38am On Sep 17, 2021
Lifestone:
We reason with lots of sentiment as a country. In my view, this project is all about competing for the share of trade routes to Niger Republic which is being competed for by both Nigeria and Benin Republic.
Niger Republic is land locked and will require access to Sea/Port through either Nigeria or Benin Republic. This is an economically sensible decision. The project is also significantly part of the LAKAJI corridor which was essentially designed to link Lagos to Kano to Niger Republic, that plan has been on ground before Buhari and it makes sense.
That project will certainly pay for itself given the success of Abuja - Kaduna and Lagos - Ibadan experience.

What volume of trade are we talking about? I am sure its not up to a quarter of the trade in Aba or other parts of eastern region that need to be connected to other parts of Nigeria.
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by BreakingNews21: 7:40am On Sep 17, 2021
Btruth:
......if only someone could explain to me what our interest in Niger is? Perhaps, I will understand why all this stupid rails connections to Niger is.

Read the article right in front of your face.

Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by femlash(m): 7:45am On Sep 17, 2021
HenryThegreat1:
Buhari administration shall....
Nobody questions President of Nigeria. Very powerful when in power.
grin
HenryThegreat1:
Buhari administration shall....
Nobody questions President of Nigeria. Very powerful when in power.

Unquestionable PRESIDENT
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by trinityboss: 7:47am On Sep 17, 2021
Lifestone:
We reason with lots of sentiment as a country. In my view, this project is all about competing for the share of trade routes to Niger Republic which is being competed for by both Nigeria and Benin Republic.
Niger Republic is land locked and will require access to Sea/Port through either Nigeria or Benin Republic. This is an economically sensible decision. The project is also significantly part of the LAKAJI corridor which was essentially designed to link Lagos to Kano to Niger Republic, that plan has been on ground before Buhari and it makes sense.
That project will certainly pay for itself given the success of Abuja - Kaduna and Lagos - Ibadan experience.

My brother I don’t blame you. You’re not a Nigerian? How and what business relationship do we have with Niger? We have the population to be okay and self sufficient what do we need Niger for? The Fulani herdsmen we are complaining about are from Niger and you want to give them free access no visa to come and cause more havoc in an already terrorist sublimed country? Why not the money use for train linking benue state which is the food basket of the country to other parts of Nigeria ��? Ewu like you. Goat � na u be. Efulefu. Onyara onyoshi ozuo
Re: FG To Spend $4.9bn Fresh Loans On Kano-Niger Republic Rail Line, Others by hotseat: 7:51am On Sep 17, 2021
This unprecedented maladministration and mindless disdain for the people they profess to lead is made possible because at present, there's no legislature.



They've completely put aside their primary responsibility of oversight on the programmes and policies of the federal government.



They've fully aligned with the executive in its determination to plunge the country into unimaginable debts.


No more checks and balances!


At this juncture, I would suggest that the so-called NASS be scrapped!



AhMAD Lawanus and Femi GbaJAGUDAmiala would go down in history as the most incompetent and corrupt "leaders" to ever preside the "hallowed" chambers!

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