SeaTrade:
The worldclass indigenous construction company in Uyo no get name?

IbomFinest:

A little of research would save you the embarrasment. Google is readily available for such enquiries.

Kurutinto:


Even you are now a labour party member. You have become OBIdient. Welcome to light mate

SeaTrade:
I didn't need Google to know who Julius Berger is.Their works spoke for them.
Why should I Google your world class indigenous construction company that has been doing wonders like you claim?
I guess this tells all the difference,day and night.

Lovenorth:

God forbid, I can't be in the same party with ipob terrorists

Kurutinto:


You have no choice, either you become OBIdient as Obi become the president next year, or you kill yourself and he will still be the president

The ball is in your court.

IbomFinest:

To clear your doubt, the name is Hensek Construction Company

SeaTrade:

Make them first pay their staff well first so that make them for see better food chop,then we can talk.
How world class construction company go dey,all their staff ,the bone weh dey their neck and head dey show finish?Nobody for the whole worldclass company get meat for body.
Na fasting them dey do for there?
Hensek ko,world class ni.

ogmask:


What kind of wish is this Na... Abeg take your wish easy my guy. If u live here u wouldn't wish such for even your enemies.

Dikaveli:
Arrogant fool

Aboki used and dump you

After you don mess up with rivers money

Amechi will be better than you

SeaTrade:
What does all these you are saying have to do with you proving that state governments bought Julius Berger stakes so as to have them launder money,when they can just award them contracts and have them move their kickbacks to any country of their choice?
Also ,I've been meaning to ask you this since but your naive responses have been making me feel like you will have a hard time giving a reasonable answer,reason I've been dragging foot but I'll go ahead and ask you so you can go do your research and leave me alone.
Now,what kind of company(especially one of repute like JB) will accept investments from states that it is meant to use to expand ops and make more money for itself and its new partner (the states in this case) so as to launder the money?
How will it now generate profits to pay the state for this investment when the working capital has been laundered?
What now happens when power changes hands and someone else comes and hold them accountable for their non performing investments?
Does this look like a good deal for JB?
If not,why will they accept it?

As for your last sentence, your incoherence alone is enough for me to think that you're not involved in anything of this nature, because your emptiness is alarming.
I'll stop responding here,don't bother to quote me again.
Cheers.

IbomFinest:

Na cruise guy you be. You no be serious person... Na my time wey I waste de vex me sef

Nigeriafirstlad:
After more than 70yrears of transferring our common wealth to Germany, Nigeria can not establish a world class construction company that will compete with Julius Berger or even send them packing. Very Sad.

Welldone Mr Project.


Don't forget the reason why the company is attractive to some state governors is because they also use it to launder money.

The more you look the nothing you see.

benjackugo:


https://igberetvnews.com/1424378/governor-wike-warns-julius-berger-paying-80-upfront-road-contracts-video/

Dikaveli:
Arrogant fool

Aboki used and dump you

After you don mess up with rivers money

Amechi will be better than you

SensualMan:
Odogwu!!! The man that will take the war against bandits to their(bandit's) base.

The man that Bokoharam will hear his name and run to Niger Republic.

The man with balls.

Nigeria lost u, yet God sent another messiah to the rescue cos nature abhors vacum.

On President Peter Obi mandate we stand Gidigba!

vastolord4:
He's trying to tell Nigerians "see what you guys are missing" by not being a running mate to atiku. He's playing mind games now. Wike is intelligent but just for he's on gain but naija isn't pH where your "men Dem" got your back. Naija politics na "Dogs eats Dogs". Honestly, I prefer him to Okowa. Okowa is just another Osinbajo.. the guy is just a mopping ornament.

vastolord4:
He's trying to tell Nigerians "see what you guys are missing" by not being a running mate to atiku. He's playing mind games now. Wike is intelligent but just for he's on gain but naija isn't pH where your "men Dem" got your back. Naija politics na "Dogs eats Dogs". Honestly, I prefer him to Okowa. Okowa is just another Osinbajo.. the guy is just a mopping ornament.

ChiefAfonja:


Nigerian companies will buy cheap materials so they can accumulate more profit and In no time the project will start going bad.

Nigerians are devilish and too corrupt

sulaak:


In what world do you give 80% upfront to a contractor and expect serious results. Wike is useless and stupid

AmazingELixir:


In a runaway and inflation prone economy such as Nigeria's what Wike did by giving 80% is the most logical thing to do....unless ofcourse you want contractors to come back and ask for variation due to price changes.

Most contractors include validity period of the quoted contracts sum, if it exceeds such period it gives them grounds to ask for contract review hence variation but paying upfront you corner and compel them to expeditiously execute the contract within the stipulated time frame, it is also pertinent to ensure strick supervision to ensure compliance in both quality and schedule. That's basic logic.

Most procurement laws actually doesn't encourage paying that much as initial milestone but exigencies compels.

jamesversion:


In a runaway and inflation prone economy such as Nigeria's what Wike did by giving 80% is the most logical thing to do....unless ofcourse you want contractors to come back and ask for variation due to price changes.

Most contractors include validity period of the quoted contracts sum, if it exceeds such period it gives them grounds to ask for contract review hence variation but paying upfront you corner and compel them to expeditiously execute the contract within the stipulated time frame, it is also pertinent to ensure strick supervision to ensure compliance in both quality and schedule. That's basic logic.

Most procurement laws actually doesn't encourage paying that much as initial milestone but exigencies compels.

Cc: Amazingelixir

Understudy99:
Only if it is explicitly stated in the contract, not verbal guarantees. All of those positives you mentioned, if not explicitly stated and agreed upon by JB, if JB didn't waive the act of nature clause protection--which I can tell you categorically right now, that they did not--simply invoking that clause, negates all of that pluses you just enumerated. JB is no magician, road constructions have seasonal aspects and variations to it. As it stands, if it's a major work, like every contract delayed due to seasons, it will be subject to reviews, variations and inflation--paying 80% upfront guarantees nothing. HE just got played by JB's contract lawyers.

Manny21:
At least he is serious by giving 80 percent upfront. I know of many governors who will like to embark on similar projects on credit. They will then take the credit but owing the contractors until the end of their tenure they will then leave the liability for their successors to be battling with

benjackugo:


https://igberetvnews.com/1424378/governor-wike-warns-julius-berger-paying-80-upfront-road-contracts-video/