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Nairaland Forum / Nairaland / General / Politics / Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) (41554 Views)
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Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by kechywillz(m): 10:12am On Jul 03, 2022 |
You couldnt perform anything with the ministry you are in charge of 1 Like |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Dikebuka: 10:13am On Jul 03, 2022 |
phemmyfour: Exactly. Its just like building fly-over when the people at the location crave for power |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Grandmeister(m): 10:13am On Jul 03, 2022 |
princdebola201:This was about a debate and not defence of anybody. But somehow many of you south westerners are just so razz. Insults are your mother tongue. Quality education is not justbabout school building ! Quality health care is not just about hospital building! Asọ rock budgets billions every year for the clinic in it and yet has nothing to show for it and other government owned hospitals. Is common sense rocket science for you lots? 1 Like |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Basher8583: 10:14am On Jul 03, 2022 |
Saintinoo: Go to the docks if you need more information. Or better still go to school if you need to learn more about import and export trading. Nairaland is not a platform for your total education needs. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Nobody: 10:14am On Jul 03, 2022 |
Pakute: Oga stop trying to be smart. Go back to your state and stop famzying with La god. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by clinician2x: 10:16am On Jul 03, 2022 |
Pakute: So you're saying a white elephant project that cost the federal government N1.7 billion ($4.7 million) to construct each kilometre of the186km Abuja-Kaduna rail and is being used by less than 1% of Nigerians will some day in the future start benefiting Nigerian economy? Are you not being fooled now sir? The worst is the tickets are even subsidized hehe. So when the subsidy is removed what happens? Tickets bcom super-expensive and people go japa, train go ground and billions of dollars wasted hehe. Yes, you have been fooled. Pls before u leave this earth, try and justify the education you have spent time and money acquiring. 1 Like |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by HakiimAlvista: 10:16am On Jul 03, 2022 |
LeoDeKing:all this yenyenyen no go hide your pain say Obi na the new generation presido not the corn and agbado emi lokan wey think say the country na him personal property. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by GeneralDae: 10:16am On Jul 03, 2022 |
Saintinoo:So because you could buy rice in 2010, it means you were developed right? |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Pakute: 10:17am On Jul 03, 2022 |
fanzine:You don't have to live in Lekki, Lekki free trade zone is a project that will trickle down to the rural areas. When operations fully begins, the imported goods through the seaport would get to you. The petrol from Dangote refinery would get to your mother in the village. Moreover, as a personal accountant to Tinubu, if you have a proof how much Tinubu generates from Lekki, pls show us. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by AK481(m): 10:18am On Jul 03, 2022 |
From someone that said he will solve nigeria power problem in 6 months by coupling I pass my neighbours generator in one million pieces . |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Enyimbamercedes: 10:20am On Jul 03, 2022 |
Fashola shut up your faux intellectual ass and take a seat at the back You have no legs to stand up when it comes to infrastructural development You failed as minister of power even though you made a lot of noise about having the solution! As minister of works and housing, tell us how you have improved the economy through your ministtry |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Enyimbamercedes: 10:20am On Jul 03, 2022 |
Fashola shut up your faux intellectual ass and take a seat at the back You have no legs to stand up when it comes to infrastructural development You failed as minister of power even though you made a lot of noise about having the solution! As minister of works and housing, tell us how you have improved the economy through your ministry 1 Like |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Dikebuka: 10:21am On Jul 03, 2022 |
Oyiboman69: We are saying the same thing. Good government policies drive economy. Well sha I don't blame Fashola, for all we know he might not have a business that employs up to to 100-200 people. The refinery was built with a long term plan to be mega. That plan was halted as soon as fuel subsidy was introduce by successive government 1 Like |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Pakute: 10:21am On Jul 03, 2022 |
obynzo:Says a man from Abakaliki. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by GeneralDae: 10:26am On Jul 03, 2022 |
malkomchris:The growth of an economy is not necessarily measured by how many people can feed now but the Infrastructures you build now for tomorrow. Infrastructures like: Airports Akk gas pipeline Siemens Electricity Railways Broadband connectivity and Roads These are the things that drive development not how we share money or the number of people that are able to eat now. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by deavicky(m): 10:27am On Jul 03, 2022 |
Abdul05:I see ur definition of intelligent. I guess their intelligency is what is making our economy to be blooming and it has also made China to start borrowing money they cannot pay from Nigeria. Intelligent you say, while ur brothers that where abducted from the train are still in the hands of their adductors and yet u have mouth to call that intelligent. 1 Like |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by olamike02: 10:33am On Jul 03, 2022 |
Abdul05:Unlike the one that is quoting unverifiable figures using the depleted brain of some people. Can Saint Pandora survive in China. Imagine him telling the whole world that he didn't know that it was illegal not to disclose his looted fund in the offshore company. PO is an imposter. 1 Like 1 Share |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by SIRTee15: 10:34am On Jul 03, 2022 |
bigpicture001: So in what way will the FG bring about your production investment. By building industries or by giving loan to business man to produce? How does the govt boost production? Do u know why Nigeria cannot compete against the asian countries esp china when it comes to production and export. Why are Nigerian industries not competitive? The answer is the price differential. If your final product cannot match what's coming from asia, nobody will touch it. To achieve this u need a strong value added chain sector- from primary product to final product. The supply chain must be quick, efficient and cheap. Importing component and assembling into final product is waste of time. That's not industrialisation. 2. U need infrastructure esp Power. Electricity and transport must be damn cheap and the cost shouldn't be factored into the final product. 3. Good economic and fiscal policy to encourage home grown entrepreneurs and attract foreign investment. U guys are joking when u say we don't need foreign investors. In fact, u need them more than anything. They will bring in their technology and ensure accessibility to foreign markets. 4. Invest in human capital. Promote good technical education and ensure a healthy and well motivated work force. 5. Security! Security!! Security!!! 6. More and more infrastructure. In power, mining, transport, ports, ware houses, supply chain, logistics etc Finally Nigeria really needs to leverage on its advantage which is the petrochemical industry. Massive investment in that sector will be a game changer and the real fuel needed to fire up our industrialisation agenda. Most raw materials needed to feed industries come from petrochemical refining. We really need sound technocrats to educate people on why our economy isn't productive. Buhari really messed up this country that people don't even have an idea what good governance is all about. OBIDIENT CREW SHOULD STOP BLINDLY CONDEMNING ECONOMIC POLICY SIMPLY because ITS NOT FROM OBI'S MOUTH. That was how they were foaming in that credit system thread. I'm yet to see the full detail of Obi's economic blueprint. Something Obidient crew should be doing instead oplansnsticisplanssother peoples plan. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Abassmt: 10:34am On Jul 03, 2022 |
Fearyourcreator:Thank you for this, I like positive mind who don't deceive theirself like you tribalism in this country is just too much. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Pakute: 10:36am On Jul 03, 2022 |
clinician2x:You don't even understand what an elephant project means, you just throwing words around like a dummy. For your information, Rail projects is the mordern reformation in Nigeria. All the six geopolitical region would be connected to each other, from the urban to the rural areas. If you don't like it, you can run to Somalia. There's nothing wrong in FG subsidizing train tickets to begin with. In developed countries, Government subsidizes big tech & Auto companies. There's also a reason producers give discount on their goods to make it cheaper for the customers. Subsidy is an interventionist policy that Government employ in certain situations. Unfortunately, Aba- made Education is inferior to understanding the fundamentals. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Dubaku543: 10:37am On Jul 03, 2022 |
REDshouse:Yes you may be right!! One thing I like Obi is that he is prudent in spending. Obi constructed roads down to all rural areas in the State. He didn't borrow. Obi cleared all arrears, paid all pensions and gratuities including those owed by his predecessors, Obi turned Anambra to a manufacturing hub, he helped institute about 6 different manufacturing companies in the State including the popular Inoson Motors. Obi paid all elderly citizens of the State who are not even entitled to pension, for full 8 years of his tenure. Obi constructed numerous schools, health centres, school of nursing, equipped major hospitals. Launched heart centre. Obi paid all 1st class University graduate of Anambra citizens one million Naira back then which was a huge some. His government sponsored many of them to further their studies abroad. These are just a percentage of his Goodwill. I just want to highlight these to you that this man is a good man. Obi doesn't take decision into his hands, he always call on people's assembly. They tell him what they want him to do with their public fund and he does it. The 75 billion naira you mentioned wasn't actually there initially it was as a result of a little percentage he invested which turned out that huge return when he was about leaving office. Obi sponsored SME's and brokered deals for small businesses in Anambra State. Obi cleared ASUU subventures which was quite capital intensive that today Anambra State University is the only University not undergoing ASUU strike, ready to churn out fresh set of graduates in the next few months. Like I said his projects were fundamental. Give him time, he will turn this country for good. 1 Like 1 Share |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Nobleman80: 10:40am On Jul 03, 2022 |
Thinkam:infrastructure that is ten time over priced? APC is a disaster that should br thrown to the dustbin of history. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by 3ple9iner: 10:41am On Jul 03, 2022 |
tonyson010: Yeah money are budgeted for the maintenance of the refinery for maintenance even though they are not producing anything but I want you to think if this refinery were working and producing up to their capacity which is +/- 450000 bpsd and our total consumption per day is +/- 593,000bpd now imagine if they are working, there wouldn't be need for subsidy which is what is tearing Nigeria pocket 2) The price of petroleum products would be controlled by market forces meaning if the price of crude falls, the price of petroleum products too would fall. 3) More jobs would be created and the money saved from subsidy would be used for other things. I don't know much about the steel plant but you imagine we had a functional steel plant the likes of pro- force and Innoson and other manufacturers wouldn't need to look for dollars to import steel which would also have an effect on the prices of their cars
Fashola portfolio was reduced from Power/works and housing to only works and housing since after the 2019 elections and the person who replaced him was sacked this year. To be honest I had hopes on Fashola has minister of power but I also realized that na watin FEC approve minister go do remember Ameichi complains.
Yes because most of those governor's built them for campaign purposes and yeah they would be needed later. I also think it would be because they don't have other infrastructure to compliment it. A state like Anambra if it had a functional sea port to compliment the airport.
Borrowing is not bad in as much you use the money right and judiciously.
Yeah it is important but the without the needed infrastructure, it would be useless We build so many universities that are poorly funded with few structures and lowly ranked in the world. [/quote] |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Saintinoo(m): 10:42am On Jul 03, 2022 |
GeneralDae: And who talked about development. do you know what development mean? Next time before you reply my comment, read and comprehend what I wrote first. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Saintinoo(m): 10:44am On Jul 03, 2022 |
Basher8583: Hahaha Import and export trading. kia Nairaland. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Abassmt: 10:46am On Jul 03, 2022 |
Dikebuka:That is why I said many of you don't know the problem of this country, Obasanjo sold these refinary to private investor some years back but who are the people that criticize him an when he left Yaradua have to collect it back an this is where we are today. So the problem of this country is very deep than just a mere economic analysis. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by jamace(m): 10:48am On Jul 03, 2022 |
LifestyleTonite:Fashola cant be in governance and be lecturing us on the importance of infrastructure. He should show us practically the infrastructure his govt has built in the past 7 years. Meanwhile, power supply is still a rocket science under Fashola. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by GeneralDae: 10:50am On Jul 03, 2022 |
Saintinoo:Those ministers you are praising did not develop the economy. The best way to have a stable economy is to build infrastructures: Electricity Road Infrastructure Broadband connectivity AkK Gas pipeline Provision of Health Systems If Obasanjo and Jonathan's Government had focussed on all these, we would not be here today. These are more important things than how much rice cost in the market in 2010. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Makavelli001: 10:50am On Jul 03, 2022 |
Batman
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Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Nobody: 10:51am On Jul 03, 2022 |
Pakute: Go back to your state |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Abdul05: 10:53am On Jul 03, 2022 |
olamike02:thank you sir.. don't mind them |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Omodua(m): 10:54am On Jul 03, 2022 |
LifestyleTonite:What does Fashola know about Economics and stable economy. He is a Lawyer and not a businessman. Unlike Peter Obi who is captain of industry. He is a Works Minister because Nigeria's a dysfunctional State. Otherwise, he can't even be a Supervisor in the Ministry. He should sit down and stop talking what he knows little about. 1 Like |
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