₦airaland Forum

SarkinYarki:
100 million dollars is almost 6 percent of 1 trillion and you say it's nothing? Some of you have clearly never owned a business before

lol......6 percent out of 100 in one year spread amongst several banks is not bad, also keep in mind the payments won't be made at once.....it will be pushed out in trenches depending on how far the work has gone.....and the rehabilitation of that place would take more than 12 months so the banks would be alright...... perhaps you should take your own advice and learn how business especially finance in business is done.......Bless.

leokid866:
lol......6 percent out of 100 in one year spread amongst several banks is not bad, also keep in mind the payments won't be made at once.....it will be pushed out in trenches depending on how far the work has gone.....and the rehabilitation of that place would take more than 12 months so the banks would be alright...... perhaps you should take your own advice and learn how business especially finance in business is done.......Bless.

I am a trained finance person myself so I understand what I am saying ..The is coerced spending at at time when all banks are cutting cost seriously because of poor economic outlook and besides the entire 100 million dollars will be stolen as usual and not even a coat of paint will be put of the theatre by this time next year and I will be here to remind you..is it not Nigeria again?

SarkinYarki:
I am a trained finance person myself so I understand what I am saying ..The is coerced spending at at time when all banks are cutting cost seriously because of poor economic outlook and besides the entire 100 million dollars will be stolen as usual and not even a coat of paint will be put of the theatre by this time next year and I will be here to remind you..is it not Nigeria again?

lol stop lying to yourself, just because you're bitter doesn't mean you should just go about ranting....the banks are fully funding this project so where or who are they going to steal the money from? Also the bankers hired a private contractor who has been working since last year and I can tell you serious work is going on not just at the national theater building but also the environment around it because I was there on tuesday. I can understand your distrust of the government, but the national theatre and the fallow lands around it was handed over to the bankers committee for development meaning everything going on there is now in private hands, they are not going to mess up such an opportunity so calm down.

Great development. We need to streghten our performaning acts sector to the great heights it used to be back in the days.

Meanwhile the National Theatre is one of the best structures in the world. It has a capacity for a 5,000-seater Main Hall with a collapsible stage, and two cinema halls, all of which are equipped with facilities for simultaneous translation of 8 languages; among others.

It can confidently rival any modern day theatre in the world. Shout out to Yakubu Gowon for the edifice.

leokid866:
lol stop lying to yourself, just because you're bitter doesn't mean you should just go about ranting....the banks are fully funding this project so where or who are they going to steal the money from? Also the bankers hired a private contractor who has been working since last year and I can tell you serious work is going on not just at the national theater building but also the environment around it because I was there on tuesday. I can understand your distrust of the government, but the national theatre and the fallow lands around it was handed over to the bankers committee for development meaning everything going on there is now in private hands, they are not going to mess up such an opportunity so calm down.

Oga leave him alone. We know their type.

They are always against anything positive in this country. Once they see a Ray of positivity, they start to cast doubts and pessimism.

They are ingrained with negativity and its sad.