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Construction Of Coastal Routes Can Strengthen Naira - David Umahi - Politics (3) - Nairaland

Nairaland ForumNairaland GeneralPoliticsConstruction Of Coastal Routes Can Strengthen Naira - David Umahi (12691 Views)

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Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by EdiskyHarry: 6:53am On May 03, 2024
Very funny 🤣🤣
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by freemanq(m): 6:54am On May 03, 2024
Hahahahaha very funny
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by Goodlady(f): 6:58am On May 03, 2024
Ttalk:
Racoon the baboon is here with his IPOBIC opinion driven by bitterness and jealousy.

These are irrational minds that descend on anyone who has a different opinion about Nigeria. They can kill their parents the moment they agree with the present government.

You will cry for 30 years until you get old and depressed, no be curse, na reality of your agony I dey warn you about
As a neutral person, APC projects are mostly half done and over inflated.
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by Burruchaga71(m): 7:02am On May 03, 2024
#invest in Lagos at your own peril
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by Tetrahedron(m): 7:05am On May 03, 2024
StOla:
What does the South of Nigeria truly want?

We lament that a Northerner built roads even into Niger Republic and sited many projects in his region.

Now a Southerner is in power and providing good projects that are not minimalist infrastructure, yet those lamenting the most are the same Southerners who lamented against the Northerner.
Even though I am not a Tinubu supporter but this project is probably the best thing that can happen to the south and most importantly Lagos state.
Let us tell ourselves the truth instead of playing bitter politics!
What did buhari do for the south?
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by NairaMaster1(m): 7:07am On May 03, 2024
Racoon:
sad Just blabbing gibberish! Yours is an import - dependent economy, not producing anything, the naira depreciation against the Dollar is because you are depleting the foreign reserves to subsidized the dollar, investors are leaving your country causing forex flight and all causing weakening of the economy hence the strength of the naira.

The clueless government is borrowing here and there to fund this project with humongous debt servicing burden to go with and no assurance of completion because of the institutionalized corruption and lack of accountability and probity

Yet Umahi is yarning trash.This imp has a sawdust for a brain for saying such shitcrap. Now you can know that that the obstinacy of the rudderless, impactless, and directionless APC government to embark on this so called coastal highway construction have a sinister intention
Umahi the professor of microeconomics
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by NairaMaster1(m): 7:08am On May 03, 2024
Bobloco:
"Lagos -calabar coastal highway project can strengthen the Naira"



It's now obvious that Umahi have become a propagandist
he has graduated from being an engineer to a professor of economics
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by Lavor234: 7:11am On May 03, 2024
You all beg for investors, when investors see how appalling you treat your own, you think they will come. Investors be like the wise mistress, that sees the husband beating his first wife and realises that once she enter the house her own go worse.

They already don't regard us, and when they see how savagely we treat our own, they realise they are dealing with people with little frontal cortex lobe.

You hate Nigerians investing killing them with tax, insecurity and bipolar decisions and ate begging Kwara to invest.
Very very low.
Obasanjo, God bless him is one in a million
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by Earthquakes: 7:16am On May 03, 2024
Ttalk:
Obi's idea of local production is to set up a brewery factory and open a NEXT supermarket where virtually all its goods are imported.

Bringing trading mentality into an economic discussion will always expose the shallow mindset of a typical SE
The only way to win arguments is to tribalise it.
Economic guru sir, explain how this will strengthen the naira without mentioning Obi grin
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by Reloadedisraelp: 7:20am On May 03, 2024
BafanaBafana:
This makes sense.. to the poor people who are on this forum defending Tinubu. A man that was asked to test the microphone and he licked it.
LMAO 🤣🤣🤣
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by Yankee101: 7:22am On May 03, 2024
When you have to defend a so called good thing you want to do for people like this, it’s likely not in their favour

Na scam

Sounding like a 419 guy already
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by firearcher: 7:23am On May 03, 2024
I guess many Nigerians of recent generation have never witnessed a mega project of this scale designed and executed in their lifetime before. Most of the infrastructure we rely on today were built many decades ago, some even before Nigeria's independence.

Projects like this is what Nigeria needs to improve the future of her people. I commend the current government for the courage to embark on it. If they don't do it, the money will still probably end up somewhere else with nothing to show for it.

I wish them all the best and hope this master plan is not abandoned by successive government.

Lagos is what it is today because the LASG govern with a master plan which successive adminstration have been faithful to. Otherwise, it will have collapsed under the weight of its own population.
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by wirinet(m): 7:23am On May 03, 2024
Sheuns:
He said, “We talked about our economy, that it needs foreign investments. These roads are going to be constructed with concrete pavements, and it’s CPC+F, which means that there is foreign investment that will come in, and this foreign investment will strengthen and stabilize the naira.“

People that can explain this statement better should enlighten us. I tried to google what CPC+F means and it’s engineering related.
Abeg, also add this statement for enlightenment. I honestly don't understand what he is talking about here.

“I’m very happy that the President has directed me to begin the design of one of the spurs linking to this coastal route, and that is the Sokoto-Badagry, which was conceived by the President Shagari administration.

How can the coastal road that starts from Epe be one of the spurs linking the proposed Sokoto - Badagry expressway, which is expected to start in Badagry? A road conceived in the 70s even before the thought of a coastal road.
You sure say Umehi no dey smoke loud?
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by 1x2x3: 7:23am On May 03, 2024
Tetrahedron:
Even though I am not a Tinubu supporter but this project is probably the best thing that can happen to the south and most importantly Lagos state.
Let us tell ourselves the truth instead of playing bitter politics!
What did buhari do for the south?
Read the concluding part of the post that are not bolded you'd see the main reason for this road. I would be the happiest if this road goes beyond Ogun State.
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by TOPMAN4LIFE: 7:24am On May 03, 2024
StOla:
What does the South of Nigeria truly want?

We lament that a Northerner built roads even into Niger Republic and sited many projects in his region.

Now a Southerner is in power and providing good projects that are not minimalist infrastructure, yet those lamenting the most are the same Southerners who lamented against the Northerner.
It's not southerners that are against the road but precisely Igbo people because the road doesn't pass through their land.
They are always against good development since it's not Obi or that labour party government of Abia State that is doing it.
They like to condemn leaders from other tribes and try to praise and promote their own.
Peter Obi that didn't even have a landmark project to show in Anambra for 8 years is the one they are making noise about because of tribalism
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by Reloadedisraelp: 7:25am On May 03, 2024
Lavor234:
You all beg for investors, when investors see how appalling you treat your own, you think they will come. Investors be like the wise mistress, that sees the husband beating his first wife and realises that once she enter the house her own go worse.

They already don't regard us, and when they see how savagely we treat our own, they realise they are dealing with people with little frontal cortex lobe.

You hate Nigerians investing killing them with tax, insecurity and bipolar decisions and ate begging Kwara to invest.
Very very low.
Obasanjo, God bless him is one in a million
don't mind them useless government grin ,they keep using investor as excuse when they want loot...b4 that road will b complete, hunger must have kee some people
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by 1x2x3: 7:28am On May 03, 2024
wirinet:

Abeg, also add this statement for enlightenment. I honestly don't understand what he is talking about here.


“I’m very happy that the President has directed me to begin the design of one of the spurs linking to this coastal route, and that is the Sokoto-Badagry, which was conceived by the President Shagari administration.

How can the coastal road that starts from Epe be one of the spurs linking the proposed Sokoto - Badagry expressway, which is expected to start in Badagry? A road conceived in the 70s even before the thought of a coastal road.
You sure say Umehi no dey smoke loud?
He's simply saying foreign investors will fund part of the project.
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by wirinet(m): 7:35am On May 03, 2024
TOPMAN4LIFE:
It's not southerners that are against the road but precisely Igbo people because the road doesn't pass through their land.
They are always against good development since it's not Obi or that labour party government of Abia State that is doing it.
They like to condemn leaders from other tribes and try to praise and promote their own.
Peter Obi that didn't even have a landmark project to show in Anambra for 8 years is the one they are making noise about
False. You are no different from IPOB - Ethnic jingoist.
I am from the Niger delta and the proposed Coastal road is to pass through my village. I and many other Niger Deltans would prefer the completion of the East West road, we have suffered untold hardship on that road for decades. This is a project thar can be completed within the lifetime of this administration.

How long do you think it would take to complete a 800km mega coastal highway that is to pass through beaches, swamps, mangroves and numerous rivers. Ordinary adding 2 lanes to the 70km lekki Epe expressway has taken close to two decades, and is still not finished. The 800km Lagos Calabar coastal road would take at least a century.
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by 1x2x3: 7:36am On May 03, 2024
TOPMAN4LIFE:
It's not southerners that are against the road but precisely Igbo people because the road doesn't pass through their land.
They are always against good development since it's not Obi or that labour party government of Abia State that is doing it.
They like to condemn leaders from other tribes and try to praise and promote their own.
Peter Obi that didn't even have a landmark project to show in Anambra for 8 years is the one they are making noise about because of tribalism
Have you travelled by road in the country?
You just mentioned that Igbos are against it because the road doesn't pass through SE, don't you think they have the right to do so considering they make most of the importation and need such road most?

For your information, Igbos aren't against it, you simply don't know how to manage finances and you aren't different from wasteful politicians. The point is, We are all screaming about how broke Nigeria is, so why not fix the existing roads with a fraction of the budget for coastal road and use the remainder to boost the economy?? Coastal Road isn't an urgency and can be built later. What's needed now is to rescue Nigeria by saving as much as possible and investing in project that will help boost the economy as soon as possible.
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by Omalicious1: 7:38am On May 03, 2024
Racoon:
https://www.vanguardngr.com/2024/05/construction-of-coastal-routes-can-strengthen-naira-fg/
While someone opening an opay account could weaken the naira, abi?
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by 1x2x3: 7:41am On May 03, 2024
wirinet:
False. You are no different from IPOB - Ethnic jingoist.
I am from the Niger delta and the proposed Coastal road is to pass through my village. I and many other Niger Deltans would prefer the completion of the East West road, we have suffered untold hardship on that road for decades. This is a project thar can be completed within the lifetime of this administration.


How long do you think it would take to complete a 800km mega coastal highway that is to pass through beaches, swamps, mangroves and numerous rivers. Ordinary adding 2 lanes to the 70km lekki Epe expressway has taken close to two decades, and is still not finished. The 800km Lagos Calabar coastal road would take at least a century.
I think anything an Igbo man says is automatically considered tribal but at the end, Nigeria will bear the consequences.

He hasn't traveled by road so he doesn't know the condition of existing roads that's begging for maintenance. People are dying on these roads daily, rather than fix them they embarked on a 30 years project.
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by Otiwaikuku: 7:44am On May 03, 2024
Racoon:
https://www.vanguardngr.com/2024/05/construction-of-coastal-routes-can-strengthen-naira-fg/
How is it going to help in strengthening the naira ?

When you are destroying companies that attract tourists .

The FG has not been able to secure the land and farmers can’t farm on their farmlands.
There is no free movement of people and farm produce .

There is no constant power supply and the tariff keeps going up on daily bases and govt looks the other way.
This FG is the height of cluelessness.
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by Jlow2: 7:45am On May 03, 2024
Dave umahi thinks Nigeria is abakaliki,
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by Reloadedisraelp: 7:47am On May 03, 2024
wirinet:
False. You are no different from IPOB - Ethnic jingoist.
I am from the Niger delta and the proposed Coastal road is to pass through my village. I and many other Niger Deltans would prefer the completion of the East West road, we have suffered untold hardship on that road for decades. This is a project thar can be completed within the lifetime of this administration.

How long do you think it would take to complete a 800km mega coastal highway that is to pass through beaches, swamps, mangroves and numerous rivers. Ordinary adding 2 lanes to the 70km lekki Epe expressway has taken close to two decades, and is still not finished. The 800km Lagos Calabar coastal road would take at least a century.
as a Deltan they don't know dis ,must of them think it's the igbo's dats is against the project.... many of those fuul don't know people are suffering due to the high cost of things... Instead of this useless government to tackle the issue on ground they are busy constructing coastal high thieves because they want to loot again
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by TOPMAN4LIFE: 7:48am On May 03, 2024
1x2x3:
Have you travelled by road in the country?
You just mentioned that Igbos are against it because the road doesn't pass through SE, don't you think they have the right to do so considering they make most of the importation and need such road most?

For your information, Igbos aren't against it, you simply don't know how to manage finances and you aren't different from wasteful politicians. The point is, We are all screaming about how broke Nigeria is, so why not fix the existing roads with a fraction of the budget for coastal road and use the remainder to boost the economy?? Coastal Road isn't an urgency and can be built later. What's needed now is to rescue Nigeria by saving as much as possible and investing in project that will help boost the economy as soon as possible.
You Igbo always criticize as your people are not part of those who cause problems in Nigeria.
You produce and imported fake things from pharmaceutical drugs, to adulterated drinks to fake spare parts for vehicles and other machines which has caused death and waste of money among Nigerians.
You go to other countries to commit crime like hard drugs and others crime and you still have gut to talk as if your region doesn't contribute majorly to the problem.
Since you Igbo didn't vote for Tinubu and you all believe Obi is your president, ask Obi to do for you all what you need.
You people criticize everything because of bitterness from the loss of last election .
Niger Delta deserve more projects like this because the major resources is taken from their land and they have been their right in the past.
You and Obi don't like mega projects but believe in mediocre projects
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by Otiwaikuku: 7:50am On May 03, 2024
TOPMAN4LIFE:
It's not southerners that are against the road but precisely Igbo people because the road doesn't pass through their land.
They are always against good development since it's not Obi or that labour party government of Abia State that is doing it.
They like to condemn leaders from other tribes and try to praise and promote their own.
Peter Obi that didn't even have a landmark project to show in Anambra for 8 years is the one they are making noise about because of tribalism
Do you ever think before dropping your posts?
Even if you are hired to castigate someone you should equally use your brain.Can’t you guys talk without mentioning Peter Obi?
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by commoditiesnig(m): 7:53am On May 03, 2024
Commendable project!
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by Hier(m): 7:54am On May 03, 2024
Ask Omoyele Sowore, he likes freedom fighters and would be attracted to such a beautiful lady back in those days
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by TOPMAN4LIFE: 7:55am On May 03, 2024
Otiwaikuku:
Do you ever think before dropping your posts?
Even if you are hired to castigate someone you should equally use your brain.Can’t you guys talk without mentioning Peter Obi?
You want us to stop mentioning Obi when Obi and his obidense have been criticising every thing about the government you didn't even voted for.
What was the achievement of Peter Obi as governor
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by TOPMAN4LIFE: 8:02am On May 03, 2024
Otiwaikuku:
Do you ever think before dropping your posts?
Even if you are hired to castigate someone you should equally use your brain.Can’t you guys talk without mentioning Peter Obi?
But Obi and his obidense have right to mention And condemn others everytime.
Since you and Obi don't want peace for others, you people too will not have peace of mind
Re: Construction Of Coastal Routes Can Strengthen Naira - David Umahi by 1x2x3: 8:08am On May 03, 2024
TOPMAN4LIFE:
You Igbo always criticize as your people are not part of those who cause problems in Nigeria.
You produce and imported fake things from pharmaceutical drugs, to adulterated drinks to fake spare parts for vehicles and other machines which has caused death and waste of money among Nigerians.
You go to other countries to commit crime like hard drugs and others crime and you still have gut to talk as if your region doesn't contribute majorly to the problem.
Since you Igbo didn't vote for Tinubu and you all believe Obi is your president, ask Obi to do for you all what you need.
You people criticize everything because of bitterness from the loss of last election
I'm from Delta State Sir. It's like anyone who's saying something reasonable automatically becomes Igbo to you.

I know you are slow to understand things so I will break it down for you like a 5 year old.

You are on a tight budget of N3billion, how would you invest it to solve housing problems and get yourself out of a difficult financial situation?

1. You have 100 houses which needs maintenance at a total cost of 500M which will be completed in 6 years + the reminder can be used for investments.

2. Build 100 new houses with N3billion which will take 30 years to complete.
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