₦airaland Forum

adenigga:
Source: https://vanguardngr.com/FG-secures-$747m-loan-for-Lagos-Calabar-highway

When Idris Abdukareem said this in his song 🎶 y’all thought it was a joke? Go and listen to song titled Tell your papa by Idris Abdukareem you will know how many times this road is being used to deceive Nigerians, borrowing a huge sum of trillions to build a road without in this current hard situation, Nigeria is not getting better anytime soon

By the time Nigeriams realize all Tinubu is doing on this so called coastal road is for him and his family benefits ,It will be too late …you should write it down and history will tell

aribisala0:
If repayment cannot be made then Deutsche Bank have a problem

Nigeria was in a More trying period when Babangida decided to dispense the $12 billion on building a new capital =Abuja

Not sure if anyone called it DESPERATION at the time but I believe the money could have been better spent on power plants and refineries or rail.

You use some funny words

Desperation , humongous


I think it is a good idea to do something for the Southern part of the country too

740 billion is being spent on Abuja -Kano road
There is a road from Abuja to Kaduna and a rail line too

Is there any road or rail from Abuja to Ibadan or Abuja to Enugu or Abuja to Benin or Calabar

Buhari even initiated a rail line to Niger
Where is the rail line from Lagos to Ghana or Calabar to Cameroon?


Yes let them do something for the South which is where most of the money comes from and if it is desperation fine because No Northern President will do that but Northern presidents build Abuja, Abuja -Kaduna etc

So I commend the project and if possible he should borrow more to complete the project in 2 years

Nigeria borrowed a lot of money for all those projects in the North

So No problem in doing so for the south

It is because of things like this that presidency needs to rotate

See How Buhari used Amaechi to build projects for the North all with BORROWED MONEY

Well said bro.
Some people in the same south won’t agree with you because the road didn’t pass through their region directly, but they will be the one to enjoy it more because of the spur that link to theirs.
Also because of their hatred for Tinubu- they won’t see the benefit of the project.
Same people are already aligning to buy all the lands on the Lagos corridor for development before the government put a stop to it.
Confused people indeed.
I agree with your viewpoint. Naija delta deserves this road. The road will connect all the Niger delta states. I don’t care how much will be spent to develop it. It must be done at all cost because this will be the only major project to connect the region.

adenigga:
Source: https://vanguardngr.com/FG-secures-$747m-loan-for-Lagos-Calabar-highway

Loan for another 30km wey no reach 30km.

Tinubu has crippled this country sha!

Judicious management of our Internally and internationally Generated Revenues would have kept foreign debt where it belongs—far away from us!

Alright...so FG secures a $747 million loan to finance a contract awarded to a company owned by a close ally of the president. The presidents son also sits on the board of this company.

....but hObi uSe HaNaMbRa money to build brewery!

Well done

Front0lane:
Till tomorrow second niger bridge they wasted billioms on as not yielded a single kobo so keep quiet.

this thing when u Dey do no make sense.country is drowning and you are being ethnic.why do we abandon old projects that can be maintained to embark on brand new ones.theres an existing road from Lagos to calabar so why this.the second naija bridge was also a political project.if u drive through the place u will notice that people hardly use.

aribisala0:
If repayment cannot be made then Deutsche Bank have a problem

Nigeria was in a More trying period when Babangida decided to dispense the $12 billion on building a new capital =Abuja

Not sure if anyone called it DESPERATION at the time but I believe the money could have been better spent on power plants and refineries or rail.


You use some funny words

Desperation , humongous


I think it is a good idea to do something for the Southern part of the country too

740 billion is being spent on Abuja -Kano road
There is a road from Abuja to Kaduna and a rail line too

Is there any road or rail from Abuja to Ibadan or Abuja to Enugu or Abuja to Benin or Calabar

Buhari even initiated a rail line to Niger
Where is the rail line from Lagos to Ghana or Calabar to Cameroon?


Yes let them do something for the South which is where most of the money comes from and if it is desperation fine because No Northern President will do that but Northern presidents build Abuja, Abuja -Kaduna etc

So I commend the project and if possible he should borrow more to complete the project in 2 years

Nigeria borrowed a lot of money for all those projects in the North

So No problem in doing so for the south

It is because of things like this that presidency needs to rotate

See How Buhari used Amaechi to build projects for the North all with BORROWED MONEY

Though your statements sound tribalistic to me, but you are not far from the truth.

Northern Nigeria benefits more in terms of infrastructural, human and capital development yet, they are the most poorest and backward region in the country.

If a railway is connected from Lagos to Onitsha to Aba or from Abuja to Onitsha to Aba, believe me most agitation in the east will reduce.

Though I am not a Tinubu supporter, but the Lagos Calabar coaster highway if completed, will be one of the best legacy he will be remembered for.

wildernessVoice:
Compare and contrast. Will there be value for the huge borrowing

You are comparing subsidized currency if not say your brain don block

What are the conditions for the loans? .... these guys are borrowing and borrowing and the lenders will lend because they know what they're getting in return since Nigeria will not be able to make the payments as per contract. Loans for oil....will this loan be tied to our cobalt or some other of our natural resources? All the loans and yet we cannot see progress White elephants everywhere

PlasmaTV:
So you are more interested than do me I do you politics rather than actual governance?

So are you trying to justify this humongous white elephant project whose risk/reward ratio is ridiculous?

I pray I never meet people like you one on one in real life...

Even with the solid logical explanation they gave you, you are still speaking with emotions..

I pray you heal!.

Front0lane:
Till tomorrow second niger bridge they wasted billioms on as not yielded a single kobo so keep quiet.

Second Niger bridge was in case the first one collapsed and understandable. It is less expensive and even a LG can shoulder the burden alone.

This is a different case here. They are just wasting funds to build a road they can dominate and toll into the future when out of power.

Yes ooooo, Seyi's daddy is borrowing in readiness for 2027 elections

Image123:
Keep on being baffled, is there anything that has not baffled you since your favorite lost?

Shame on you for not being able to use your God-given head. They're borrowing and looting your children's future and you're supporting this?

E sure me say you dey support based on tribe

adenigga:
Source: https://vanguardngr.com/FG-secures-$747m-loan-for-Lagos-Calabar-highway

Is it that the savings accruable from the subsidy removal can't be used in financing this overbloated contract that Tinubu awarded to his business partner?

Barclaycard:
Well said bro.
Some people in the same south won’t agree with you because the road didn’t pass through their region directly, but they will be the one to enjoy it more because of the spur that link to theirs.
Also because of their hatred for Tinubu- they won’t see the benefit of the project.
Same people are already aligning to buy all the lands on the Lagos corridor for development before the government put a stop to it.
Confused people indeed.
I agree with your viewpoint. Naija delta deserves this road. The road will connect all the Niger delta states. I don’t care how much will be spent to develop it. It must be done at all cost because this will be the only major project to connect the region.

This is a very daft and incredibly useless take on this matter. There are other roads connecting all the states which are in dire need of repairs but your useless government chose to throw billions into a single road and you make excuses for them.
Have you plied on the Akwa Ibom - Calabar road? Don't you think the useless government should fix these roads and use those billions of dollars to work on electricity?

Lest I forget, this same government told us they've saved billions of naira on subsidy removal and so won't need to borrow again, but here they are borrowing billions of dollars and mortgaging your future.

I don't just understand the kind of fellows I share a country with. And e sure me say you dey support based on he's your tribesman

cenaman:
Though your statements sound tribalistic to me, but you are not far from the truth.

Northern Nigeria benefits more in terms of infrastructural, human and capital development yet, they are the most poorest and backward region in the country.

If a railway is connected from Lagos to Onitsha to Aba or from Abuja to Onitsha to Aba, believe me most agitation in the east will reduce.

Though I am not a Tinubu supporter, but the Lagos Calabar coaster highway if completed, will be one of the best legacy he will be remembered for.

What do you want from me?

Do you know the meaning of the word tribalistic
I suggest you open a dictionary

Now when you say Tribalistic. Which tribe is it that is the subject of the alleged tribalism

If you must talk be prepared to substantiate your words

aribisala0:
If repayment cannot be made then Deutsche Bank have a problem

Nigeria was in a More trying period when Babangida decided to dispense the $12 billion on building a new capital =Abuja

Not sure if anyone called it DESPERATION at the time but I believe the money could have been better spent on power plants and refineries or rail.


You use some funny words

Desperation , humongous


I think it is a good idea to do something for the Southern part of the country too

740 billion is being spent on Abuja -Kano road
There is a road from Abuja to Kaduna and a rail line too

Is there any road or rail from Abuja to Ibadan or Abuja to Enugu or Abuja to Benin or Calabar

Buhari even initiated a rail line to Niger
Where is the rail line from Lagos to Ghana or Calabar to Cameroon?


Yes let them do something for the South which is where most of the money comes from and if it is desperation fine because No Northern President will do that but Northern presidents build Abuja, Abuja -Kaduna etc

So I commend the project and if possible he should borrow more to complete the project in 2 years

Nigeria borrowed a lot of money for all those projects in the North

So No problem in doing so for the south

It is because of things like this that presidency needs to rotate

See How Buhari used Amaechi to build projects for the North all with BORROWED MONEY

Gbamsulotely, hehehe , Muchecheche hahaha , As E day sweet me E day pain Dem 😂

yinkus6750:
Still baffled at the desperation towards achieving this project. In this trying period, we have to go for such humongous loan towards financing the project. No mention was made on how the repayment will be made. And this is just for a phase and section of the entire project.

Typical delusional unfounded misplaced project from ignoramuses!

With the situation of things on ground should this be their priority 🤨? When the masses 'wake up' such persons will be expelled out!—We are tired of them all.

High hierarchy of men who have bowed to demon forces, are in charge of this nation.

It will be a constant struggle.
But the forces of the Creator will prevail .

aribisala0:
If repayment cannot be made then Deutsche Bank have a problem

Nigeria was in a More trying period when Babangida decided to dispense the $12 billion on building a new capital =Abuja

Not sure if anyone called it DESPERATION at the time but I believe the money could have been better spent on power plants and refineries or rail.


You use some funny words

Desperation , humongous


I think it is a good idea to do something for the Southern part of the country too

740 billion is being spent on Abuja -Kano road
There is a road from Abuja to Kaduna and a rail line too

Is there any road or rail from Abuja to Ibadan or Abuja to Enugu or Abuja to Benin or Calabar

Buhari even initiated a rail line to Niger
Where is the rail line from Lagos to Ghana or Calabar to Cameroon?


Yes let them do something for the South which is where most of the money comes from and if it is desperation fine because No Northern President will do that but Northern presidents build Abuja, Abuja -Kaduna etc

So I commend the project and if possible he should borrow more to complete the project in 2 years

Nigeria borrowed a lot of money for all those projects in the North

So No problem in doing so for the south

It is because of things like this that presidency needs to rotate

See How Buhari used Amaechi to build projects for the North all with BORROWED MONEY

Oga slow down when you want to lie. At the time Abuja was built the gulf war was ongoing and there was a windfall in revenue due to increased crude oil prices following the war. Nigeria was not in a trying period then. Please stop deceiving people.

Irony1:
Oga slow down when you want to lie. At the time Abuja was built the gulf war was ongoing and there was a windfall in revenue due to increased crude oil prices following the war. Nigeria was not in a trying period then. Please stop deceiving people.

Please explain what Lie I told

You know it is not necessary to be rude or offensive to disagree or dispute facts

If I was in the same room with your father he cannot say that to me
This is a fact. I am not boasting . He will not sit down to greet me or shake my hand if I offer it
The fact that you meet people online does not give you licence to address them rudely

So clarify what lie I told

Zeebuy:
Shame on you for not being able to use your God-given head. They're borrowing and looting your children's future and you're supporting this?

E sure me say you dey support based on tribe

i hope you're okay? Are you unaware that the borrowing is for a specific project that you can verify? If you have money to contribute so that they stop looting your future, go ahead and help us. Stop confirming that you are bereft of ideas.

swaggs42:
I pray I never meet people like you one on one in real life...

Even with the solid logical explanation they gave you, you are still speaking with emotions..

I pray you heal!.

Lol
It'll be a privilege to meet me.
In economics, theres something called a Scale of Preference.

In Nigeria, what's more important? Constant electricity for everybody? Or coastal road that some people will never use?

Thieves in power.

Just watch, not even $100 million will be used for the supposed “completed and commisioned section 1” ( according to Reno O’monkey) of the project.

Most will be stolen while the remaining balance will be used to buy Almajiri votes in 2027.

aribisala0:
1. That is your interpretation . Do me I do you makes sense somewhere in your head it reflects your level of evolvement. It has no meaning to me and I never said so .. We are talking about fairness and equity in the distribution of national resources and you are talking do me I do you. A twisted and perverse psychological condition
2. That is your opinion does not mean it is right or even relevant
many other leaders in the south south region commend the project. It seems you just learnt this word humongous and feel like you need to practise it

Fairness in the distribution of resources will be to do something that EVERY Nigerian would feel. Something beneficial to everybody. Eg constant electricity. NOT coastal road.

No apologies if my usage of the word "HUMONGOUS" riles you up. Grab a dictionary.

PlasmaTV:
Fairness in the distribution of resources will be to do something that EVERY Nigerian would feel. Something beneficial to everybody. Eg constant electricity. NOT coastal road.

No apologies if my usage of the word "HUMONGOUS" riles you up. Grab a dictionary.

So they should not build roads? Or what exactly are you saying

Nigeria is 65 years old and no one has brought this electricity you are talking about then one government would arrive and fix in in how long?

Why not keep quiet f you don't have anything to say

So there is no bridge on the Niger before that can be maintained before, talk about being tribal.

highchief1:
this thing when u Dey do no make sense.country is drowning and you are being ethnic.why do we abandon old projects that can be maintained to embark on brand new ones.theres an existing road from Lagos to calabar so why this.the second naija bridge was also a political project.if u drive through the place u will notice that people hardly use.

Same way this road is in case the other get damaged or overused. If the LG coukd have done it why did they wait for the FG. So other roads in Nigeria n across the globe are not tolled ba ?

CodeTemplarr:
Second Niger bridge was in case the first one collapsed and understandable. It is less expensive and even a LG can shoulder the burden alone.

This is a different case here. They are just wasting funds to build a road they can dominate and toll into the future when out of power.

So this will not ease traffic n increase productivity ba ?! Only road built for Igbos ease traffic n increase productivity. And you people talk about bigotry ?!

kinguwem:
The bridge is not tolled but has greatly reduced the traffic jam & has resulted in better traffic flow & increased productivity.

What's the essence of fuel subsidy removal that's hurting Nigerians when Tinubu's government is still borrowing to build infrastructure exactly same way Buhari borrowed before he could build infrastructure

aribisala0:
If repayment cannot be made then Deutsche Bank have a problem

Nigeria was in a More trying period when Babangida decided to dispense the $12 billion on building a new capital =Abuja

Not sure if anyone called it DESPERATION at the time but I believe the money could have been better spent on power plants and refineries or rail.


You use some funny words

Desperation , humongous


I think it is a good idea to do something for the Southern part of the country too

740 billion is being spent on Abuja -Kano road
There is a road from Abuja to Kaduna and a rail line too

Is there any road or rail from Abuja to Ibadan or Abuja to Enugu or Abuja to Benin or Calabar

Buhari even initiated a rail line to Niger
Where is the rail line from Lagos to Ghana or Calabar to Cameroon?


Yes let them do something for the South which is where most of the money comes from and if it is desperation fine because No Northern President will do that but Northern presidents build Abuja, Abuja -Kaduna etc

So I commend the project and if possible he should borrow more to complete the project in 2 years

Nigeria borrowed a lot of money for all those projects in the North

So No problem in doing so for the south

It is because of things like this that presidency needs to rotate

See How Buhari used Amaechi to build projects for the North all with BORROWED MONEY

This is very beautiful!

Even if we are not allowed to rule anymore, you see this road will be there for life. Even if election money is imbeded in it, we do not care!

Front0lane:
So this will not ease traffic n increase productivity ba ?! Only road built for Igbos ease traffic n increase productivity. And you people talk about bigotry ?!

Bridge is not road sir. The bridge is less than 2KM. Thats something two LG can fund without borrowing. One from Delta and another from Anambra.