₦17 Trillion Abandoned Projects Debacle - Punch Editorial - Politics - Nairaland
Nairaland Forum › Nairaland General › Politics › ₦17 Trillion Abandoned Projects Debacle - Punch Editorial (7918 Views)
| ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by ogododo(op): 7:44am On Nov 12, 2024 |
FOR years, Nigeria has become a vault of abandoned projects, big and small. The abandoned projects scattered across Nigeria have exacerbated the country’s chequered infrastructure development trajectory. Contrary to the lofty promises accompanying many of the now-abandoned projects, the remains are monuments of shame and wasted resources. This is a testament to Nigeria’s perennial underdevelopment.https://punchng.com/n17tn-abandoned-projects-debacle-2/
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| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by BuyMeLand: 7:53am On Nov 12, 2024 |
Politicians and their cronies have wastefully frittered the wealth and resources of Nigeria. They are brazen, fearless and ruthless. Because they get away with their ill-stolen spoils. Sometimes, "some powerful forces" inhibit and handicap the effects of the EFCC and the Judiciary .. |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by Racoon(m): 8:15am On Nov 12, 2024*. Modified: 8:59am On Nov 12, 2024 |
Meanwhile, in the heat of these Infrastructural deficits and abandonment is wherein Dave Umahi and the FG started another white elephant costal superhighway of fraud to reward cronies. |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by atobs4real(m): 8:19am On Nov 12, 2024 |
They already used those projects as used and dump. Evil leaders every where |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by Perfectnumber6(m): 8:21am On Nov 12, 2024 |
Nigeria = Useless country |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by ogolemati: 8:22am On Nov 12, 2024 |
what a country of mudafuckers |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by jjcena(m): 8:22am On Nov 12, 2024 |
More will definitely be abandoned after each administration because those projects are what they use for stealing of public funds. |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by ReubenE(m): 8:22am On Nov 12, 2024 |
Then they are starting another white elephant project coastal road. For more reasons than one, most of the initiators were never genuinely ready to do those projects. They only started them to collect money. If they want to divert money without much questions asked. They look for somewhere to start one project, appropriate enough of the money to themselves then leave it abandoned |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by nwirinedu(m): 8:22am On Nov 12, 2024 |
You can see the relationship between the debtors and the creditors, these foreign loans are just another means of sophisticated round tripping. When you look at the past performance of the current ruling class, then you can deduce that nothing will get better in this country. |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by EmeeNaka: 8:24am On Nov 12, 2024 |
Sad! Sad!! Sad!!!. Like what do the North and SouthWest leaders gain in abandonment of Federal projects throughout their years of leadership. What kind of unpatriotic lots are they? |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by Nigga44: 8:30am On Nov 12, 2024 |
God bless Governor Peter Mbah. Most of the abandoned projects by former Enugu governors are coming back to life. |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by GlobalWay: 8:36am On Nov 12, 2024 |
Wow! |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by mrvitalis(m): 8:40am On Nov 12, 2024 |
When u start feel good project with no economic analysis this is the results It's like building a 5 star hotel in a village with borrowed money then your builders steal your materials Nigerians want to have bullet trains, nice airports, sweet streets with a GDP per capita of less than 1000 dollars LMAOOO joke of the century I was telling someone Tinapa failed because there was no economic basis for the project he said it's lack of maintenance... I said lack of maintenance is a symptom of the problem not the problem There is no establishment that would be profitable and not be well maintained it not possible even with the worse leaders... When a project runs on losses the desire to maintain it drops |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by southsouthking(m): 8:41am On Nov 12, 2024 |
Nigeria, land of scrap. |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by SuperEagles: 8:53am On Nov 12, 2024 |
Do not mind the Mr foolish. Leaders from Igboland do not abadon projects. EmeeNaka: |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by Gboom: 8:55am On Nov 12, 2024 |
EmeeNaka:Here you are again trying to absolve the leaders from your region whereas this abandonment is all over the country. |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by Klington: 9:09am On Nov 12, 2024 |
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| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by godwinkessi: 9:10am On Nov 12, 2024 |
I wish military can take over |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by MASTAkiLLAh(m): 9:19am On Nov 12, 2024 |
Racoon:15 trillion naira misplaced priority just because an individual will benefit from tolls for decades. Nigeria is a mega crime scene |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by fmlala: 9:22am On Nov 12, 2024 |
It is well |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by CodeTemplarr: 9:30am On Nov 12, 2024 |
Looting exercises disguised as projects. |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by highchief1: 9:40am On Nov 12, 2024 |
godwinkessi:I was telling someone all the best projects in Nigeria today still remain the ones military did.nigeria is not ripe for democracy |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by COMPAQ(m): 9:46am On Nov 12, 2024 |
mrvitalis:I disagree with you on Tinapa. The business case was reasonably solid. The main reason it failed was lack of FG support and the next Governor -Liyel Imoke - abandoning it. During Donald Dukes governorship, Calabar was becoming Nigeria's tourist hub. Many people were leaving Lagos to go there for Calabar Carnival, then to Obudu cattle ranch and shopping at Tinapa. |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by bid4rich(m): 9:47am On Nov 12, 2024 |
........because Nigeria's leadership has no roadmap. Its about me, myself, my family, self ambition etc Every successive government always starts a project afresh to build a false legacy, yet abandoned them if they are not reelected or if the next president did not come from the same party |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by BlueRayDick: 9:50am On Nov 12, 2024 |
Until we adopt a culture of naming & shaming government officials responsible for issuing the contracts and contractors responsible for abandoning the projects, nothing will change as far as abandoned project is concerned in this country. I remember how a senior colleague used to lament about the road projects and flyovers abandoned by Amosun in Ogun state. Today Amosun is a senator representing the same state he left so many abandoned project in the senate. In a sane country someone like Amosun should never be allowed near public office again. |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by mrvitalis(m): 9:50am On Nov 12, 2024 |
COMPAQ:Lol 😂😂😂 Like you traveled to calabar then? How many Nigerians can afford plane ticket not to talk about people I was in calabar many times then it was over hyped How many Nigerians do you think spends 10 dollars per day? You need at least 10 million people with capacity to spend 30 dollars a day... For such a project to work. In the locality u need at least 200,000 people to have that capacity to spend 50 dollars per day to make it viable. Nigerians are poor, we don't have business population Ghana has far more business population than us |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by EmeeNaka: 10:07am On Nov 12, 2024 |
Gboom:it has been north and South West ruling this country |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by Gboom: 10:17am On Nov 12, 2024 |
EmeeNaka:There were representatives/leaders from each region who misappropriate the funds from these abandoned projects |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by OkCornel(m): 10:26am On Nov 12, 2024 |
It’s a fraud bazaar |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by Kingpele(m): 10:42am On Nov 12, 2024 |
Odiegwu... the combined incompetence of fulani hausa and yoruba people has reduced Nigeria to the position of a failed state... |
| Re: ₦17 Trillion Abandoned Projects Debacle - Punch Editorial by StaffofOrayan(m): 10:59am On Nov 12, 2024 |
I remember when Russia announced they would help with Ajaokuta steel complex, the next day a nameless British company came out and said they would do it for free, that day I knew we were slaves |
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