Moh247:



Bola Ahmed Tinubu

Lekki Deep Sea port

Lekki free trade Zone

Eko Atlantic city






..

Pitobi
Hero Bear
Bad Roads
Zero Infrastructure

Odingo1:
Nice, they should prevent Tinubu from hijacking the accrued revenue.

Thereby depriving Lagosians of government services, utilities, etc like free education for all children in government schools with adequate professional teachers

DMerciful:
Propaganda will not make Tinubu win. Tinubu is too corrupt, shady and unfit to be president

I put it to you that Tinubu is NOT as shady as Peter Obi....I am igbo..

Kids like you won't get and are born NEVER to get it..

another employment loading... what a good way to start new year for Lag

GeneralDae:

But the chinese built the port with a lot of the finances coming from there , so what else do you expect? Even in America, there are lots of big Chinese and other foreign investments. That's how to grow a nation.

Yeah they operate all over the world but not under the same contract/agreement details and legal operating atmosphere.
No argument, just let's wait to see.

BossGerald:

Lagos government =20%? Not bad though.



Now watch how demented urchins will credit this wonderful structure to tifnubu that didn't even build ordinary fly over in his 8yrs as lagos governor.

See one INFORMED adult below me

With this said by you,you will die a DANGEROUSLY VIOLENT IGNORAMUS the way you are going.

The Lekki Deep Sea Port outlay,plan and what we engineers call "recognizance" was put in place by the Tinubu led state government..

Go and Ask Dangote..his refinery was part of the plan of the Eko Atlantic Area which is also Tinubu's Brainchild..

Don't take my word for it;do your findings..

Nevertheless,you need God's mercy to have sense in this your life..

Upon shouting of Lagos State they don't have more than 5% share

BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

Read to understand. Lekki Port investment holding inc. comprises China Harbour and Tolaram. They both make up lekki port investment inc.

gfelo:
another employment loading... what a good way to start new year for Lag

Did you see 52.5% china ownership

President2001:
Upon shouting of Lagos State they don't have more than 5% share

Don't be blinded by hatred, Lagos has 20 percent

We need to seriously understand if this was a ppp contract because if it is not.
No problems

BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

Stop disgracing yourself on the internet...
Read to understand, there's an open and close bracket. If you have to be schooled to comprehend then...
Sum 52.5 and 22.5 gives your 75 then add 20 and 5... that summation gives you 100.

Taiggarr:


With this said by you,you will die a DANGEROUSLY VIOLENT IGNORAMUS the way you are going.

The Lekki Deep Sea Port outlay,plan and what we engineers call "recognizance" was put in place by the Tinubu led state government..

Go and Ask Dangote..his refinery was part of the plan of the Eko Atlantic Area which is also Tinubu's Brainchild..

Don't take my word for it;do your findings..

Nevertheless,you need God's mercy to have sense in this your life..

Why he couldn't build a single bridge throughout his 8yrs in lagos??... yen yen yen

gasparpisciotta:
Who is behind Tolaram?

The makers of indomie...

If FGN through NPA owns 5% only, this again has confirmed again that the handlers of our National treasury does not know how to negotiate.

Modified: It's a 45 year concession which means that ownership structure is temporary... Nothing to be bothered about.

Kiwibbyfrill:
Hope alphbeta is not part of the owners may God deliver Lago from the evil landlord '

something u suppose pray for in ur state, don't u want progress in ur state

BossGerald:

Lagos government =20%? Not bad though.



Now watch how demented urchins will credit this wonderful structure to tifnubu that didn't even build ordinary fly over in his 8yrs as lagos governor.

See one idiot below me

To cry no deh tire you?


Good or bad tinubu played a key role in today's developmental strides in Lagos.

Show us how leaders have transformed your states in the past 20 years.


I just returned from oba Anambra yesterday. Oba secondary school is hell on eart

Babathanks:

Weting una own governor build for yeast. All this anti Yoruba will not help you guys from yeast. You guys are flooding our region day and night because you can't stay in that your barren land but we still accomodate you guys but you still hate us

Stop this your anti yoruba rubbish talk, it's not making sense.

Tifnubu didn't build any flyover in his 8yrs as lagos governor...

What is anti yyoruba in this statement??

BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

The calculation is correct Oga, they explained how the 75% was shared between the China and Tolaram together with 25% for Lagos and FG make up 100%

SmartyPants:


You can't seriously be arguing that PPP is a negative? Whoever had the vision to construct it and the wisdom to do it via PPP deserves a huge round of applause irrespective of politics.

Where's the negativity in my statement, do you need to read it again?

Did tinubu build any bridge in his 8yrs as lagos governor?

Kiwibbyfrill:
Hope alphbeta is not part of the owners may God deliver Lago from the evil landlord '

Now I thought you will.praise the brain that think about this huge development in their state but you are evil. mind towards Tinubu and Yourba people will not let you...

Even in developed countries, this is how it is being done...theee are lots of foreign countries in some developed countries that they go by this formulary...


Now, tell your Poto poto governor to do the same and stop running to Lagos state to hide ..

Obi hides in Lagos State bevzue of insecurity in his state

BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

Read well; 75%, 20% and 5% = 100%

Okay
It is still under the control of the Fg but the Fg engaged in a ppp contract to concede it to a platform to build,develop and operate on its behalf.okay so how many years will this concession last.
Well congratulations to Lagos state for first taking the lekki zone into test run for a successful LCC and now this one
Congrats to Lagos state

You see why I said our leaders are only out for themselves. Look at the shareholding structure and you see how Lagos state and NPA shortchanged the state and Nigeria. How can China Harbour and Tolaram alone collect 75% this is just funny who handled the negotiations? I bet you enough bribes was shared between Lagos state and Emi Lo Kan crooner and NPA officials.

BossGerald:

Lagos government =20%? Not bad though.



Now watch how demented urchins will credit this wonderful structure to tifnubu that didn't even build ordinary fly over in his 8yrs as lagos governor.

See one idiot below me

To cry no deh tire you?


Good or bad tinubu played a key role in today's developmental strides in Lagos.

Show us how leaders have transformed your states in the past 20 years.


I just returned from oba Anambra yesterday. Oba secondary school is hell on earth


If majority of you will stay in your region, we won't be talking about traffic and shortage of power supply.

In your villages, there is power supply almost 24hrs cos discos must evacuate their allocations but nobody is there to use it cos your villages are empty just harbalist who live in the forest and won't be needing electricity

You people can't even pay for the supply but you want to condemn tinubu at any given opportunity.


Am sure since you have it installed in your head that Lagos is no man's land, I think hope you can say that in calabar and Abuja too and someday make your funny looking ezes governors and oba of Lagos in these states.

The use of Special Purpose Vehicle at the beginning of this report is making me feel somehow.

Then you must be extremely gullible

Taiggarr:


I put it to you that Tinubu is NOT as shady as Peter Obi....I am igbo..

Kids like you won't get and are born NEVER to get it..

Run along, I dont have tome for slow people

Taiggarr:


You are too young to even get it..

Tinubu won after agreeing with PMB in 2014...

I bet if u do a deep investigation u il see that some individuals ve a large chuck of shares in the private companies involved in this, people who stole our common wealth n e now getting weather from such projects, but the future is near n their shares can be confiscated, cus the money were for d public. 😔😔😔😔

Believeintruth:
You see why I said our leaders are only out for themselves. Look at the shareholding structure and you see how Lagos state and NPA shortchanged the state and Nigeria. How can China Harbour and Tolaram alone collect 75% this is just funny who handled the negotiations? I bet you enough bribes was shared between Lagos state and Emi Lo Kan crooner and NPA officials.

Is it The federal govt money that was used to build the facility

Jack500:


At Least the evil landlord is one of the facilitator of this port.

What does the useless landlord in your state bring to the state.

Stop blaming Tinubu for your failure, Tinubu is not the cause of your poverty.

if only u know tinubu is the cause of many peoples poverty,Lagos is an example of people working like elephant eat like ant,this goes to all commercial driver,hawkers, ordinary market people extorted by jagaban army

BluePrincee:
The shareholding structure of the Port is as follows: The Lekki Port Investment Holding Inc. (international consortium) owns 75% (China Harbour Engineering Company Ltd 52.50%, Tolaram 22.5%), the Lagos State Government owns 20% while Nigerian Ports Authority owns 5%.


What kind of math is this? All the percentage put together is supposed to be 100% who wrote this na? This is the more you look the less you see😭😏

Don't be deceived, the % above the 100 is used to incorporate the unnamed individuals who are part of the deal
Remember, it is a special purpose vehicle (SPV)

francotunsco:

The use of Special Purpose Vehicle at the beginning of this report is making me feel somehow.

Will you feel better if it read,PPP financed vehicle