₦airaland Forum

Goodlady:
We nor get interest abeg

After bursting your lies😀😀😀

Whenever they want to disgrace we igbos they'll just give us one yeye position....you go defend political yahoo and corruption tire

Eniitankorede:
After bursting your lies😀😀😀

If I slap you ya destiny go reset.
So I look like a political jobber?

muykem:
Yes na. Oppositions are made use of ariseTV so you need to listen to them. It will help you to get their plans and next steps.

If only you can Open your eye fully you see beside opposition Nigerians are standing

Remembered when Buhari handed over to Osinbanjo for weeks and he rolled out some policies ... Nigerians lauded him

when was the last time Nigerians lauded Tinubu for anything, everything he does it almost like he trying make Nigerians lose there temper like maryamm

If you think Arisetv is the only problem Tinubu has, from tomorrow morning tune up the radio n listen to Nigerians speak about Tinubu

So why is it so difficult to answer Rufai during the interview? Baba don go cook up figures make una go sleep Jared.

24news:
"Umahi Hits Back at Rufai – Reveals Why the Super Highway Is So Expensive!"


https://www.youtube.com/watch?v=2fmbbQIwUdk

U go explain tire

Ikpongiton:
whether you get interest or you no get oo! The road must be delivered and ahead of schedule and again you can't stop the road from being completed but you stop using it.

Waka pass

Lifestone:
But he's a performer. I like his style and decisiveness. He revoked RCC and Julius Berger contracts for poor performance. I like him.
A very good Presidential material

So that now makes him a performer!!! Chai Nigerians who do una this thing? Is it a trauma response?

muykem:
Dave Umahi should learn native wisdom from president Bola Tinubu. You can only wake someone that's sleeping but you can not wake someone pretending to be sleeping. You don't need to accept interview with people that are known as enemy of the government. They almost kill themselves when Tinubu refused to grant them audience in build up to 2023 election.

Seriously is this all you can say?

Lifestone:
What's the fraud here. Only visionary people will understand this project.
I pray for it's success

Oga you miss the point here. No one says the project is bad, it is not and should not be a priority project,when there are tons of bad roads littered all over the country. Even that road by global standard ain't a superhighway. A 4 lane(2 on each side) Expressway ain't a superhighway. Sheikh Zayed Road in Dubai is a 14 lane(7 on each side) Expressway, that is a typical example of a superhighway.

Curious345:
This is true . I did the maths .

https://www.nairaland.com/8538116/how-hitech-plan-recoup-18b

Here is the breakdown. 👉👉👉

How Hitech Plans to Recoup $18 Billion from Nigeria's Lagos-Calabar Coastal Highway Tolls


Nigeria’s ambitious 800km Lagos-Calabar Coastal Highway, linking five Niger Delta states, is a flagship project under President Tinubu, awarded to Hitech Construction Nigeria Ltd. for $15 billion. Hitech funds 70% ($10.5 billion), with the government covering 30%. Set for completion by 2031, the highway will feature six toll gates to recover Hitech’s investment plus a $3 billion profit—totaling $18 billion—over 15 years. Here’s how the tolls aim to deliver, with calculations based on an exchange rate of ₦1,666 per dollar.

### Financing and Toll Strategy

Hitech’s $18 billion target equates to ₦29.988 trillion, or ₦1.999 trillion annually (₦5.477 billion daily). Six toll gates, using modern multi-lane free-flow systems, will charge an estimated ₦3,000 per vehicle passage. This requires 1.826 million daily passages across all gates—about 304,000 per gate, split across both directions.

For a full-length trip (Lagos to Calabar), drivers pay ₦18,000 (₦3,000 × 6 gates). A round trip doubles to ₦36,000. To meet the revenue goal:
- *Daily vehicles (one-way)*: ~304,000, assuming each car crosses all six gates.
- *Round-trip scenario*: ~152,000 vehicles, paying double.
- *Per gate daily return*: ₦913 million (304,000 passages × ₦3,000), covering both directions.

### Is It Feasible?

The Lagos-Ibadan Expressway sees 100,000-150,000 daily vehicles. The coastal highway, serving ports and oil hubs, could surpass this with high freight and commuter traffic. However, economic pressures or toll evasion could challenge projections.

### Hurdles Ahead

Critics highlight environmental risks, transparency issues, and high per-kilometer costs ($15-18 million). Tolling, starting as early as December 2025 for completed sections, sparks debate over taxing a partly public-funded road. Yet, supporters argue tolls ensure maintenance, avoiding Nigeria’s pothole-ridden past.

By 2046, Hitech aims to turn this highway into a self-sustaining economic lifeline. Success hinges on traffic volumes and disciplined collections—time will tell if the numbers align.

But currently the government has paid to Hitech more than the 30% funding so who really is funding the project?

bamasite2:
Give the man his flowers! He knows what he is doing.....he is right to say he is a professor in practice.

Arrange a debate with him, and let him humble you..

The same man that couldn't answer clearly a question given to him by Rufai.

If you were not around some months back, Rufai and Abati were on another program with Umahi and after Umahi has answered this same question, Rufai kept repeating the question like there was a particular thing he needed to hear.

Abati had to correct Rufai and people accused Abati of bullying Rufai.

Umahi knows his onions and you should be proud of him. How many previous Ministers of work have been able to undertake such humongous projects and still come out to articulate everything in clear terms like this?

Even Fashola that we had high hopes on got missing in action.

Don't be blinded by politics or region.....the politicians are friends playing a game, but you see projects like this....we and our children will use them, Amen!

Believeintruth:
The same man that couldn't answer clearly a question given to him by Rufai.

Believeintruth:
So that now makes him a performer!!! Chai Nigerians who do una this thing? Is it a trauma response?

So how do you appraise performance? Bad belle dey worry you.
Once you don't like a person, you can't see anything good about him

He owe the masses explanation because the project is funded with our hard earned money.

I know you don't understand what it means when one Labour for one full month and someone deduct 20% from ones income in the name of tax.

Apcnewrecruit:
Umahi you owe no one any explanation. You're doing the work sent by the FG. So don't get distracted . If the road is finished make dem no drive on am

Please can you provide the source of this information so I can edit my post

Believeintruth:
But currently the government has paid to Hitech more than the 30% funding so who really is funding the project?

Lifestone:
So how do you appraise performance? Bad belle dey worry you.
Once you don't like a person, you can't see anything good about him

You are not intelligent oooo. Where does it show or say that I hate Umahi?

Believeintruth:
You are not intelligent oooo. Where does it show or say that I hate Umahi?

Been unable to have conversation without being rude simply shows who you are