₦airaland Forum

Welcome, Guest: RegisterLoginWith GoogleTrendingRecentNew

Stats: 3,328,772 members, 8,437,315 topics. Date: Wednesday, 01 July 2026 at 04:26 PM

Toggle theme

Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsWike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks (15883 Views)

1 2 3 Reply (Go Down)

Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by ricson11(op): 12:05pm On Jul 03, 2025

https://www.youtube.com/watch?v=P3mSEFrO8mc?si=ftXFiwX3Q_GimO8V

FCT Minister Nyesom Wike discloses details of a major revenue shift at the International Conference Centre (ICC), Abuja.

He revealed that a private operator was paying just ₦50 million annually, but after the government reclaimed control, the FCT generated ₦650 million in just three weeks.

Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by ADCagent: 12:09pm On Jul 03, 2025
The notorious Abuja land grabber will still loot the money for his children.
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by 9jatriot(m): 12:27pm On Jul 03, 2025
NO wonder they are forming collision to try to grab back power and start allocating these money to themselves.
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by Ofunaofu: 12:28pm On Jul 03, 2025
favor914:
please go & loot money for your own children, they will not accept your excuse of poverty in your old age o, instead of whining all over the forum.
You didn’t need to be so loud because we already know that looting and embezzling of the commonwealth are the pastimes of Tinubu and the APC.
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by AntiWailer: 12:56pm On Jul 03, 2025
Nice one.

This is one of the reasons they all want to d1e in power. To shortchange the counrty
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by moscow007: 12:58pm On Jul 03, 2025
You see the mentality of APC miscreants?

"Loot if you had the opportunity", that's their moto
Is these the characters you want to bequeath Nigeria to till 2031?...God will forbid it.
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by Offpoint1:
The quest of a black man with personal interest needs to be studied from the root.

How we've evolved to be so greedy as a race, it really needs to be studied.

We've been distracted from community development to personal/self-interest as a people, hence we are perpetually retrogressing as a nation with no headway.

We've forgotten an individual has only one seconds to live and be dead the next second, while community is eternal.

We amass all these wealth for absolutely no impactful reasons, rather than selfishness.

It's proven in all round that life and civilization started in Africa, It amazes me how we ended up at the bottom of development as a race.

I will love to know what went wrong along the line... I will really love to know what went wrong.
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by Apcshit: 12:59pm On Jul 03, 2025
If they ask Wike to Account for the money now ,he will give excuses. Always looting for his children
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by victorazy(m): 12:59pm On Jul 03, 2025
9jatriot:
NO wonder they are forming collision to try to grab back power and start allocating these money to themselves.
You no know before. Don't mind old men there, their priority is not the interest of Nigeria o! But my happiness is that Tinubu is not Jonathan .
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by Ezmans: 1:00pm On Jul 03, 2025
9jatriot:
NO wonder they are forming collision to try to grab back power and start allocating these money to themselves.
he is seeing 650million in three days in Abuja but can't pay teachers there since they are on strike
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by Lanretoye(m): 1:01pm On Jul 03, 2025
The never see good people will still have something negative to say about this achievement.
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by christejames(m): 1:02pm On Jul 03, 2025
This dipso is no longer himself since the announcement of the coalition vehicle;ADC grin
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by adecz: 1:03pm On Jul 03, 2025
Fear APC and the fulani government
of Buhari. ................



What a terrible set of pipul
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by Freetech: 1:03pm On Jul 03, 2025
It's sure the private entity paying 50m per annum for the ICC will be part of the coalition.

Like Atiku who sold $300b Ascon for a paltry $200m, claiming he made mistake

Atiku and Obi has never done any serious investments in their lives, yet they want to rebuild Nigeria. The leeches

Obi's Next in UK is long dead. He can't manage but is promising us new Nigeria
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by Klington: 1:08pm On Jul 03, 2025
grin grin grin

Apc can only deceive their gullible followers.

After spending #36bn just for renovation, you're getting a partly #650m annually... Abe do the maths.
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by Holdup247: 1:08pm On Jul 03, 2025
ADCagent:
The notorious Abuja land grabber will still loot the money for his children.
Hahaha I'm so happy happy for you and ADC, because ADC is coming distance third 2027.... And WIKE is going to win all the southern states and the FCT for jagaban... And you guys will be crying rigging...
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by michlins(m): 1:12pm On Jul 03, 2025
9jatriot:
NO wonder they are forming collision to try to grab back power and start allocating these money to themselves.
all these monies and we're still borrowing left and right. Where are the savings and record revenue
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by DeLaRue:
Klington:
grin grin grin

Apc can only deceive their gullible followers.

After spending #36bn just for renovation, you're getting a partly #650m annually... Abe do the maths.
You either didn't get it or you conveniently ignored the information.

N650 million in just 3 weeks as opposed to N50 million per year before.

If we extrapolate, the place can now yield a few billions per year going forward.

Good return on investment.

That's not to say there was no fraud in the refurbishment cost.
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by wellmax(m):
ADCagent:
The notorious Abuja land grabber will still loot the money for his children.
If your `Obi has made this declaration , you will go to high heavens praising him.

Lets commend Wike for taking control of the center.

Those who lost that free money will later gang up against the government.

Corrupt Nigerians
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by Dapson73(m): 1:16pm On Jul 03, 2025
Klington:
grin grin grin

Apc can only deceive their gullible followers.

After spending #36bn just for renovation, you're getting a partly #650m annually... Abe do the maths.
#650m in just 3 weeks. Your guess is as good as mine on a long run if you are open to positive discussions.
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by aspabay(m): 1:18pm On Jul 03, 2025
Klington:
grin grin grin

Apc can only deceive their gullible followers.

After spending #36bn just for renovation, you're getting a partly #650m annually... Abe do the maths.
Of course you can read but d o no t have compre. hension.

Are we surprised that people don't do well in JAMB.
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by aspabay(m): 1:19pm On Jul 03, 2025
Freetech:
It's sure the private entity paying 50m per annum for the ICC will be part of the coalition.

Like Atiku who sold $300b Ascon for a paltry $200m, claiming he made mistake

Atiku and Obi has never done any serious investments in their lives, yet they want to rebuild Nigeria. The leeches

Obi's Next in UK is long dead. He can't manage but is promising us new Nigeria
You are very right. They have been enjoying this free money for decades
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by yahaya1(m): 1:20pm On Jul 03, 2025
650m in two weeks? That is astonishing. Even though is a matter of contract, the private contractor need to be investigated.
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by ariefadenco: 1:20pm On Jul 03, 2025
Klington:
grin grin grin

Apc can only deceive their gullible followers.

After spending #36bn just for renovation, you're getting a partly #650m annually... Abe do the maths.
The 650 million naira might not be for a year, remember it has been booked till 2027

If it's 650 million yearly it would take about 56 years to recover the cost of renovation.
You know what, the 650 million would not be net profit. If you reduce costs of administration and other expenses, annual profit might come down to 500million.

If you ask me, I would tell you it's a bad investment. Wike will not spend his own hard earned money for that kind of business
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by LongT(m): 1:22pm On Jul 03, 2025
Offpoint1:
The quest of a black man with personal interest needs to be studied from the root.

How we've evolved to be so greedy as a race, it really needs to be studied.

We've been distracted from community development to personal/self-interest as a people, hence we are perpetually retrogressing as a nation with no headway.

We've forgotten an individual has only one seconds to live and be dead the next second, while community is eternal.

We amass all these wealth for absolutely no impactful reasons, rather than selfishness.

It's proven in all round that life and civilization started in Africa, It amazes me how we ended up at the bottom of development as a race.

I will love to know what went wrong along the line... I will really love to know what went wrong.
na greed cause am. Because a black man and greed na five and six. Any body that is greedy lacks love in his or her heart. And if your heart no get love, you cannot extend it to others and if you cannot extend it to others, you amass what is meant for everybody and keep for your self. The reason for the retrogression.
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by 9jatriot(m): 1:22pm On Jul 03, 2025
650 millionhuh

Can that solve the problems and recurring expenses of just the street where you stay not to talk of your LGA. ABi you are one of those who think such an amount can solve all the problems of the world?? I non fit laff abeg.
michlins:
all these monies and we're still borrowing left and right. Where are the savings and record revenue
Re: Wike Reveals ICC Lease Deal: From ₦50M Annually To ₦650M In Just Three Weeks by DeLaRue: 1:23pm On Jul 03, 2025
aspabay:
You are very right. They have been enjoying this free money for decades
It was padi padi corruption stuff na.

And Mr Atiku who now wants to 'rescue' Nigeria is a grand master in underselling Nigerian assets to his friends and cronies.

As Vice President, he was in charge of privatisation. Under him, many large government corporations were sold off at give away prices to dem dem.

More that 20 years later, online ADC supporters, many of who were probably still babies when Mr Atiku was Vice President, are now telling us he is the messiah Nigeria has been waiting for.

You just have to smile and shake your head in wonderment.
1 2 3 Reply

Wike Reveals Why Atiku Is Not On Rivers State PDP Campaign PostersWike Reveals How He Almost Scuttled PDP Presidential Primary, Calls For CalmNigeria Spends N120bn Annually To Keep Refineries Idle ― Petroleum Engineers234

Fear Grips Ogd,okupe Others Ahead Of PDP CongressArms Mop-up: Police Plan Clampdown On Vips, CultistsGovernor Adeleke Fulfills Promise, Appoints Viral Puff-Puff Seller In Osun