₦airaland Forum

Anguldi:
$1.2B USD for 55KM, Professor by experience needs to explain more

When you talk now, Agbado people will come and attack you.

dominique:
They're still on phase 1 ke? Will this project be finished in the next 25 years like this?

So you too is one of those who react only to headlines without reading the content of the article?. If you read the first paragraph, you would know the funding is for the second section.

So, correct the headline, it's for section 2.

Cc Mynd44 nlfpmod Dominique seun

This guy is stealing Nigeria dry through inflated contracts

Okay. Nice one. Let’s hope it is for the best

All the billions your pdp borrowed for 16 years what did they use it to build ?

SmartPolician:
These people have removed the subsidy without telling us how much they saved and what the money was spent on. Yet, they still go about borrowing billions of dollars. This nonsense can only happen in Nigeria

SmartPolician:
These people have removed the subsidy without telling us how much they saved and what the money was spent on. Yet, they still go about borrowing billions of dollars. This nonsense can only happen in Nigeria

Ask your state governors what they now do with the extra allocation they receive from the Fed every month - some of them now receive triple, some, double of what they use to earn monthly from the FAAC. But some of you are so ignorant that simple facts out there still find ways to elude you

Congratulations Seyi

Believe anything politicians say at your peril.

Almost everything they say is a lie.

NextPresido:
I thought they said they were going to use subsidy money to build the road? Why are they borrowing?

lailo:
They will come to your house and explain to u how the money is used. Be like say u no get eye dey see development.
1. the improved funding that your governors are collecting from Abuja, where is it coming from?
2. NELFUND where is the money coming from?
3. Various federal roads projects receiving attention throughout the country, where is the fund coming from
4. Payments of debts to oil marketers, offset of pensions, where is the money coming from
5. Raising of minimum wage from 30k to 70k, where is the money coming from
6. Various infrastructure going on around the country, na from your account thr money dey come?
7. To prosecute security for a nation, na chicken change? where thr money dey come from?
Mumu people with mumu questions

That ur no1 is flawed, the only reason govrs r moving to APC is cause pdp at the moment has been destroyed by tinubu in collabo with wike.
At present, the allocation states r getting from FG is even worthless compare to what the previous govt were getting from the federation account.
With the current exchange rate, increased prices of almost every things from construction equipments, to fuel and even Minimum wage, if u sum all these, you will know the increase allocation is scam.

Didi2d:
The road is in lekki coastal area of lagos. I drive through the road almost everyday.

The project is real, but the concern here is after removing subsidies from fuel and electricity. Why are they borrowing so much?

Thanks. Is it a new road or an expanded road?
We have the same situation in Port Harcourt where Fubara divided existing road into two lanes and called it ring road.

dominique:
They're still on phase 1 ke? Will this project be finished in the next 25 years like this?

Construction is also ongoing in Ogun state, Ondo state, Akwa Ibom and Cross River state.

Kreesxxx:
Please who knows where this road is?
Are they truly constructing a road?
Where has the road for to considering amount borrowed?
Let this not be Rivers State Mono Rail Project. Money spent was not in commensurate with what was on ground.

Construction of the road is ongoing in Cross River and Akwa Ibom, even if Lagos state is far from you, you can travel to Akwa Ibom and Cross River to see what's on ground. Motorists in Lagos state are already making use of the road in section one, phase one in Lagos state though work is not 100% completed on the section 1.


Videos from YouTube on the road has also made the front page more than once on nairaland, you can go and search for the videos on YouTube

Ikaeniyan0:
Construction of the road is ongoing in Cross River and Akwa Ibom, even if Lagos state is far from you, you can travel to Akwa Ibom and Cross River to see what's on ground. Motorists in Lagos state are already making use of the road in section one, phase one in Lagos state though work is not 100% completed on the section 1.


Videos from YouTube on the road has also made the front page more than once on nairaland, you can go and search for the videos on YouTube

I am just asking. My gear is what we have seen with successive governments. Remember this is the same Nigeria during the COVID when everyone was indoor and schools closed that a minister was feeding school children with billions daily.

SmartPolician:
These people have removed the subsidy without telling us how much they saved and what the money was spent on. Yet, they still go about borrowing billions of dollars. This nonsense can only happen in Nigeria

Your statement simply shows you didn't go beyond school cert. At best you did back to sender in your undergraduate degree.

Even if I go ahead educating you, it'll be a waste of time.

Keep wasting your time on social media writing crap.

Your grandchildren will help your ignorance when they grow up. Only ensure that they attend school to learn and not just to collect certificates.

SlavaUkraini:
https://www.thecable.ng/fg-secures-1-2bn-financing-for-phase-one-of-lagos-calabar-highway-project/

This topic here is enough reasons why Nigerians should avoid this Tax Law... By all means .. government don't have a clue on how this New Tax Law will benefit every Nigerian citizens....,

After Cemented Road and Solar street light .. the rest goes into there personal luxury lifestyle... And settlements in Billions.

Kreesxxx:
I am just asking. My gear is what we have seen with successive governments. Remember this is the same Nigeria during the COVID when everyone was indoor and schools closed that a minister was feeding school children with billions daily.

I understand you boss...weird and unbelievable things do happen in Nigeria

poiZon:
That ur no1 is flawed, the only reason govrs r moving to APC is cause pdp at the moment has been destroyed by tinubu in collabo with wike.
At present, the allocation states r getting from FG is even worthless compare to what the previous govt were getting from the federation account.
With the current exchange rate, increased prices of almost every things from construction equipments, to fuel and even Minimum wage, if u sum all these, you will know the increase allocation is scam.

The governors themselves are giving testimonies that their current allocation has increased tremendously and that they could now meet demands and do projects compare to the regime that they were all borrowing money from Abuja to pay ordinary salary. But u a wailers has a better understanding than the governors themselves

Kharol1234:
The robots no come defend this one? If na the one Wer favour them first 7 comments na them get am.

Ignorant with pride and arrogance...
H@tred and bitterness won't allow you to see and understand if I should explain to you...

Bitter people.

NextPresido:
I thought they said they were going to use subsidy money to build the road? Why are they borrowing?

Have you also asked why USA,China,South Africa,Ghana,UK and all other nations of the world are borrowing?


You should have asked these sensible questions without going through the avoidable stress you gave yourself:


Under Tinubu,why are the govs paying #70,000- #104,000 minimum wage easily without owing shishi but were owing up to 20-40 months salaries previously?


Why are the govs paying their debts even some up to 85% while they were always borrowing previously ?

Why are the govs executing projects right and left without borrowing and doing better than previously ?

Why was the FG able to pay all IMF DEBTS off and not able to previously?

ASSUU has not gone on strike even with their humongous demands because the govt is giving them almost all what they want and using the savings from subsidy diligently.
They just signed a ground breaking agreement that could not be signed previously.

NELFUND is gulping money but giving readiness to parents and their wards.

Technical colleges all over the nation are free with free food everyday and #22,500 free pocket money every month.

Humongous projects that have never been witnessed in Nigeria going on in the 6 geopolitical regions of Nigeria.

Billion dollars weaponry acquired making Nigeria one of the best in military in Africa.

$7 billion + the IMF more than $3 billion dollars Tinubu paid off are not to be forgotten.

Etc.

Will you prefer going back to when govts couldn't pay workers mere #18,000,#30,000?

When states were owing 5,6,12 months salaries?

When pensioners were dying on queues?

When poor people could not go to universities,Technical colleges because there was no money?


At least we should give kudos to our govt when they do our positive wishes and knock them when they are in the negative.

IDERAWOLE:
Your statement simply shows you didn't go beyond school cert. At best you did back to sender in your undergraduate degree.

Even if I go ahead educating you, it'll be a waste of time.

Keep wasting your time on social media writing crap.

Your grandchildren will help your ignorance when they grow up. Only ensure that they attend school to learn and not just to collect certificates.

If you have nothing reasonable to contribute to a thread, just read comments and f**k off!

dominique:
They're still on phase 1 ke? Will this project be finished in the next 25 years like this?

.
Hae you seen any uncompleted project in Lagos from 1999 when Tinubu was governor till date? Ambode that started abandonjng the Lagos Blue Print, we kicked out his black ass. Tinubu will never leave any uncompleted project when he is leaving in 2031

poiZon:
That ur no1 is flawed, the only reason govrs r moving to APC is cause pdp at the moment has been destroyed by tinubu in collabo with wike.
At present, the allocation states r getting from FG is even worthless compare to what the previous govt were getting from the federation account.
With the current exchange rate, increased prices of almost every things from construction equipments, to fuel and even Minimum wage, if u sum all these, you will know the increase allocation is scam.

lol
Even when the govs are testifying that they have never gotten the kind of money they are being given now as FAAC and a lot of them are executing projects left and right without borrowing.
Propaganda has blurred your reasoning indeed.

Didi2d:
The road is in lekki coastal area of lagos. I drive through the road almost everyday.

The project is real, but the concern here is after removing subsidies from fuel and electricity. Why are they borrowing so much?

https://www.youtube.com/watch?v=gphLX8Ym29E?si=e76IIPXGPbgG8Vof
The road is actively going on in 5 locations..



You really asked a sensible question,sir.
These are some positives to answer your question.No govt is perfect.


Under Tinubu,why are the govs paying #70,000- #104,000 minimum wage easily without owing shishi but were owing up to 20-40 months salaries previously?


Why are the govs paying their debts even some up to 85% while they were always borrowing previously ?

Why are the govs executing projects right and left without borrowing and doing better than previously ?

Why was the FG able to pay all IMF DEBTS off and not able to previously?




ASSUU has not gone on strike even with their humongous demands because the govt is giving them almost all what they want and using the savings from subsidy diligently.
They just signed a ground breaking agreement that could not be signed previously.

NELFUND is gulping money but giving easiness to parents and their children.If you have 10 children,you can send them to the university without breaking a sweat.God is great.
Never knew this will ever happen in Nigeria.

Technical colleges all over the nation are free with free food everyday and #22,500 free pocket money every month.


CONSUMER CREDIT SCHEME.

KIDNEY DIALYSIS almost free treatment.
(Haemodialysis is expensive, costing approximately N150,000:00 to N250,000:00 every month excluding Erythropoietin injections weekly)


Old pensioners get free medical treatment in Nigeria.


Humongous projects that have never been witnessed in Nigeria going on in the 6 geopolitical regions of Nigeria.

Nigeria is third in military power in Africa.
Egypt is widely recognized as Africa's strongest military power, followed by Algeria, with Nigeria rising to third during this Tinubu regime because of the billion of dollars weaponry acquired making Nigeria one of the best in military in Africa.

$7 billion + the IMF more than $3 billion dollars Tinubu paid off are not to be forgotten.

Etc.

Will you prefer going back to when govts couldn't pay workers mere #18,000,#30,000?

When states were owing 5,6,12 months salaries?

When pensioners were dying on queues?

When poor people could not go to universities,Technical colleges because the poor parents had no money?
Tinubu has made it easy for you to send your children to the university even if they are 200 in number.


At least we should give kudos to our govt when they do our positive wishes and knock them when they are in the negative.

dominique:
They're still on phase 1 ke? Will this project be finished in the next 25 years like this?

No it won't.

Kreesxxx:
Please who knows where this road is?
Are they truly constructing a road?
Where has the road for to considering amount borrowed?
Let this not be Rivers State Mono Rail Project. Money spent was not in commensurate with what was on ground.

The Road only exist on paper. Remember, Tinubu commissioned tis non existing road past year

Putinofrussia:
lol
Even when the govs are testifying that they have never gotten the kind of money they are being given now as FAAC and a lot of them are executing projects left and right without borrowing.
Propaganda has blurred your reasoning indeed.

Do u know what is propaganda..


If u did, nu won't use it in this context.

Actually na propaganda that's working on u instead.

Highway of Thievery

SmartPolician:
If you have nothing reasonable to contribute to a thread, just read comments and f**k off!

What about the comments I wrote about your crap?

wellmax:
Ask your state governors what they are doing with this creased allocations. FG has no right to keep the money for themselves.

Besides this is project financing. I no get power to educate you, go and read.

Na state governors remove subsidy?
Na state government dey collect this loan wey dey make me talk? Are you really sure you are normal?

chipet67:
Na state governors remove subsidy?
Na state government dey collect this loan wey dey make me talk? Are you really sure you are normal?

Will you prefer going back to when govts couldn't pay workers mere #18,000,#30,000?

When states were owing 5,6,12 months salaries?

When pensioners were dying on queues?

When poor people could not go to universities,Technical colleges because the poor parents had no money?
Tinubu has made it easy for you to send your children to the university even if they are 200 in number.

Putinofrussia:
Will you prefer going back to when govts couldn't pay workers mere #18,000,#30,000?

When states were owing 5,6,12 months salaries?

When pensioners were dying on queues?

When poor people could not go to universities,Technical colleges because the poor parents had no money?
Tinubu has made it easy for you to send your children to the university even if they are 200 in number.

I would even prefer going back to when workers were paid N5 at the end of the month, if that would be a living wage. The amount they pay now is only high in face value, but has lost its intrinsic value.

Tinubu has not made education easy, as long as the area is not business friendly. Provide jobs, allow businesses thrive, many student will see themselves through school. Many parents will confidently send their wards to school.

Most of the scholarships our students are seeking abroad are state sponsored, fully funded, and not the wacky NELFUND students loans you are boasting of.

chipet67:
I would even prefer going back to when workers were paid N5 at the end of the month, if that would be a living wage. The amount they pay now is only high in face value, but has lost its intrinsic value.

Tinubu has not made education easy, as long as the area is not business friendly. Provide jobs, allow businesses thrive, many student will see themselves through school. Many parents will confidently send their wards to school.

Most of the scholarships our students are seeking abroad are state sponsored, fully funded, and not the wacky NELFUND students loans you are boasting of.

When states were owing 5,6,12 months salaries,2 years?

When pensioners were dying on queues?