₦airaland Forum

They should borrow more, we need it. If Nigeria could repay we will sell parts of the country that have been involved in leadership since all these borrowing and repay the loan, as simple as that

Parydelegate:
When PO enters as President in 2027...he will setup a 10 man committee to investigate this Lagos Calabar coastal highway project within his first 7days in office.

The amount of fraud going on is too enormous.

Lol… you me 3027??😁😁 or this 2027 2 years from now? You guys sabi whine yourself..

Conduit pipe! Big elephant project!! The chagoury brothers have been funding Oga before being president, now it’s payback time.

Bobloco:
https://gazettengr.com/after-paying-n15-trillion-to-chagourys-company-for-lagos-calabar-road-tinubu-secures-additional-n1-2-trillion-loan-for-same-highway/

His hired goons and personal lapdogs won't thing this is weird.

stop hiding under the freedom of information to spread false narratives.
The Government can't pay Hitech such amount and for emphasis the road is question is a PPP arrangement .
lets even agree that the alleged sum was paid and another borrowed , United State the so called most richest nation on earth has a public debt of thirty seven trillion dollars.
that's more than the GDP of all the African countries even in 50 years.

JASONjnr:
As far as it's for development.

People criticizing this efforts will likely benefit from it after its completion.

The connection is massive and I applaud the president.

Slow and steady, we will get there....

What kind of useless development is that. Why can't they use it and build something that will pump more money into the federal account. They borrow to build legacy projects while embezzling some and thereby devalue the naira the more. That's why the naira is so useless right now. Because they have to meet up the payment deadline.
Very useless evil APC government
😡😡😡😡

JASONjnr:
As far as it's for development.

People criticizing this efforts will likely benefit from it after its completion.

The connection is massive and I applaud the president.

Slow and steady, we will get there....

I pity this level of naivety , I really pity it , really

fabolouz1:
stop hiding under the freedom of information to spread false narratives.
The Government can't pay Hitech such amount and for emphasis the road is question is a PPP arrangement .
lets even agree that the alleged sum was paid and another borrowed , United State the so called most richest nation on earth has a public debt of thirty seven trillion dollars.
that's more than the GDP of all the African countries even in 50 years.

Nothing about the road is PPP , it 100 percent govt Treasury funded but keep lying , the first 1 trillion used for the failed phase one of the road is by govt , the 100 million dollars loan was secured by govt , when will Chagoury bring his own contribution? People are stealing you silly and you are defending them

The EFCC should note this because he is going to leave that office
The Chsgouris are being used to launder money for Tinubu
The entire budget for Jonathan was N4trilliom plus. This thief called Tinubu is allocating trillions for one road that is yet to reach 100 kilometers even though all these monies have been released

just get it down...this will be memorable.

& This will make the forum more interesting for everyone.

Bobloco:
https://gazettengr.com/after-paying-n15-trillion-to-chagourys-company-for-lagos-calabar-road-tinubu-secures-additional-n1-2-trillion-loan-for-same-highway/

The fact that they did a road in Lagos is a poor yardstick for awarding them this mega project that traverses very difficult terrains as we have in Calabar and other parts of the delta where the roads are expected to go though including bridges.

Calabar ITU has some of the most difficult terrainz is the hi-tech capable or they intend outsource those sections to more experience and qualified hands

Again the loan is for the same section 1 that has just he commissioned ...who can explain this ?

Peter Obi said?

Tinubu boys will find out how Peter Obi is associated to this.

fabolouz1:
stop hiding under the freedom of information to spread false narratives.
The Government can't pay Hitech such amount and for emphasis the road is question is a PPP arrangement .
lets even agree that the alleged sum was paid and another borrowed , United State the so called most richest nation on earth has a public debt of thirty seven trillion dollars.
that's more than the GDP of all the African countries even in 50 years.

Do you have the facts? Have you seen the contract papers, their contents?

Putinofrussia:
Some people are just sadists.
Is it Tinubu chop money or for the greater good of the people?
The project will be funded 70% by private entities and 30% govt and later tolled which makes it lasts longer because of the maintenance which is always poor if left for govt.
The financiers will be able to recoup their money within a specified period.

Infrastructures make a nation because they attract people and their investments.
Our dearth of infrastructures is the most important aspect of the suffering Nigerians have had to deal with.
Our leadership had made it seem as if it is only food that makes a nation.
People only believe in rice,bread etc and forget about infrastructures which can facilitate easiness in getting these very important basic amenities.
A Chinese expert once answered when he was asked about what makes a nation develop,he said...Roads.
When asked second and third time,he said...Roads and roads.
We really lack infrastructures in Nigeria.
Just look,at "little" Dubai or even South Africa.
Shame to you sadists and enemies of Nigeria.

A real sadist would try to hoodwink the populace here, the populace who are already suffering untold hardship coming from Tinubu’s cowboy economic reforms.
Make una kwontinue.

Putinofrussia:
Some people are just sadists.
Is it Tinubu chop money or for the greater good of the people?
The project will be funded 70% by private entities and 30% govt and later tolled which makes it lasts longer because of the maintenance which is always poor if left for govt.
The financiers will be able to recoup their money within a specified period.

Infrastructures make a nation because they attract people and their investments.
Our dearth of infrastructures is the most important aspect of the suffering Nigerians have had to deal with.
Our leadership had made it seem as if it is only food that makes a nation.
People only believe in rice,bread etc and forget about infrastructures which can facilitate easiness in getting these very important basic amenities.
A Chinese expert once answered when he was asked about what makes a nation develop,he said...Roads.
When asked second and third time,he said...Roads and roads.
We really lack infrastructures in Nigeria.
Just look,at "little" Dubai or even South Africa.
Shame to you sadists and enemies of Nigeria.

So why waste trillions in birgin road when existing roads leading to the same exact locations are in deplorable state ..17 people were crushed to death in Calabar -itu road when a truck fell on a passenger bus d. I lost a friend on the same road just last year July in similar incident when a truck offloaded concrete on their bus due to it swerving from side to side as it tried to navigate the potholes killing every one of the 17 passengers as well

Putinofrussia:
Some people are just sadists.
Is it Tinubu chop money or for the greater good of the people?
The project will be funded 70% by private entities and 30% govt and later tolled which makes it lasts longer because of the maintenance which is always poor if left for govt.
The financiers will be able to recoup their money within a specified period.

Infrastructures make a nation because they attract people and their investments.
Our dearth of infrastructures is the most important aspect of the suffering Nigerians have had to deal with.
Our leadership had made it seem as if it is only food that makes a nation.
People only believe in rice,bread etc and forget about infrastructures which can facilitate easiness in getting these very important basic amenities.
A Chinese expert once answered when he was asked about what makes a nation develop,he said...Roads.
When asked second and third time,he said...Roads and roads.
We really lack infrastructures in Nigeria.
Just look,at "little" Dubai or even South Africa.
Shame to you sadists and enemies of Nigeria.

Mention one policy that worked in other countries and when they applied it in Nigeria, it worked too.
The onus is on you to prove it because we have countless policies that fell flat.

Putinofrussia:
Some people are just sadists.
Is it Tinubu chop money or for the greater good of the people?
The project will be funded 70% by private entities and 30% govt and later tolled which makes it lasts longer because of the maintenance which is always poor if left for govt.
The financiers will be able to recoup their money within a specified period.

Infrastructures make a nation because they attract people and their investments.
Our dearth of infrastructures is the most important aspect of the suffering Nigerians have had to deal with.
Our leadership had made it seem as if it is only food that makes a nation.
People only believe in rice,bread etc and forget about infrastructures which can facilitate easiness in getting these very important basic amenities.
A Chinese expert once answered when he was asked about what makes a nation develop,he said...Roads.
When asked second and third time,he said...Roads and roads.
We really lack infrastructures in Nigeria.
Just look,at "little" Dubai or even South Africa.
Shame to you sadists and enemies of Nigeria.

Nonesense 😅

Same Chinese turned their country around economically by almost eliminating corruption by death sentences.

How can a normal country be doing same roads every year and clapping and taking pictures. How una wan take grow nitori Olorun?

Bobloco:
https://gazettengr.com/after-paying-n15-trillion-to-chagourys-company-for-lagos-calabar-road-tinubu-secures-additional-n1-2-trillion-loan-for-same-highway/

Hi Tech belongs to the former drug dealer ! The Lebanese man is a front ! Tinubu is awarding contracts to himself

Bobloco:
https://gazettengr.com/after-paying-n15-trillion-to-chagourys-company-for-lagos-calabar-road-tinubu-secures-additional-n1-2-trillion-loan-for-same-highway/

Hi Tech belongs to the former drug dealer ! The Lebanese man is a front ! Tilumbu is awarding contracts to himself

Acidosis:
30% government = #15 trillion + #1.2 trillion.
How much is Chagoury's company contributing to the project? #50 trillion (70%), yeah?

Some of you deserve to be poor now and in your afterlife.

Stop posting nonsense! Research on a topic and try to understand it before posting.

Racoon:
Is this one additional overhead cost or what? The kinds of underhand dealings corruption going on in this Tinubu's government will make an average Nigerian shudder in horror by the time all these crooked deals will be exposed for what it is.

Wow.
Tinubu administration storing money to bribe for victory in 2027 presidential election.
$100 billion may go to bribe INEC Chairman alone.

A figure that Umahi himself partially confirmed and you are here displaying ignorance. I'm sorry for you.
Noor be everything be politics and a*s-licking

NgeneUkwenu:
Do people even know what is 15Trilion Naira? People's Gazette is a rogue online gossip newspaper.

Curious345:
The best and most worthy time for Tinubu to resign is now

I beg, show me president wey don resign for Nigeria?

JASONjnr:
As far as it's for development.

People criticizing this efforts will likely benefit from it after its completion.

The connection is massive and I applaud the president.

Slow and steady, we will get there....

For a road that wont finish in 30yrs...a road we dont need.
If it was power now or even train railways to connect d entire country nobody go complain .This project is a scam by tinubu to enrich himself via chagoury

The federal government has announced a $747 million loan facility secured to finance Phase 1 Section 1 of the Lagos-Calabar highway.

baralatie:
The federal government has announced a $747 million loan facility secured to finance Phase 1 Section 1 of the Lagos-Calabar highway.

This is a good whpppong #1.12 trillion for section 1

Putinofrussia:
Some people are just sadists.
Is it Tinubu chop money or for the greater good of the people?
The project will be funded 70% by private entities and 30% govt and later tolled which makes it lasts longer because of the maintenance which is always poor if left for govt.
The financiers will be able to recoup their money within a specified period.

Infrastructures make a nation because they attract people and their investments.
Our dearth of infrastructures is the most important aspect of the suffering Nigerians have had to deal with.
Our leadership had made it seem as if it is only food that makes a nation.
People only believe in rice,bread etc and forget about infrastructures which can facilitate easiness in getting these very important basic amenities.
A Chinese expert once answered when he was asked about what makes a nation develop,he said...Roads.
When asked second and third time,he said...Roads and roads.
We really lack infrastructures in Nigeria.
Just look,at "little" Dubai or even South Africa.
Shame to you sadists and enemies of Nigeria.

Which greater good... Calabar ppl tell u dey can't find their way home..?

Have we bought enough cheap. Drones to fight insecurities...? Or is fighter jet the only thing they know how to use which is very expensive...

fabolouz1:
stop hiding under the freedom of information to spread false narratives.
The Government can't pay Hitech such amount and for emphasis the road is question is a PPP arrangement .
lets even agree that the alleged sum was paid and another borrowed , United State the so called most richest nation on earth has a public debt of thirty seven trillion dollars.
that's more than the GDP of all the African countries even in 50 years.

The federal government has announced a $747 million loan facility secured to finance Phase 1 Section 1 of the Lagos-Calabar highway.

The new loan announcement came months after the federal government awarded the coastal highway to Hitech Construction Company Ltd, a company owned by President Bola Tinubu’s ally Gilbert Chagoury, for over N15 trillion, drawing criticism from Nigerians over the procurement process.

baralatie:
The new loan announcement came months after the federal government awarded the coastal highway to Hitech Construction Company Ltd, a company owned by President Bola Tinubu’s ally Gilbert Chagoury, for over N15 trillion, drawing criticism from Nigerians over the procurement process.

The award is over #15 trn for the whole of the contract

Where are THEIR so called paid online minions....when you need them

26 May 2025, President Tinubu formally commissioned the first section of the Lagos-Calabar Coastal Highway. The 30-kilometer stretch, known as Section 1, runs from Ahmadu Bello Way to Eleko Junction in Lagos State.[12] The event, which was attended by government officials and contractors, was described by the presidency as a major step forward in the implementation of a nationally strategic project.