₦airaland Forum

Good good good!
This is good!

Kudos to the government!

blingxx:
Only in Nigeria we celebrate railways in 2026 …Omoh

UK has been attempting the HS2 project for over 20 years now.

Many American states and cities cannot fund such projects.

joinnow:
Stupid project by Buhari
Even the rail within Nigeria is not enough.
He was busy building rail for another country.
He should have used the money to upgrade existing one to bullet train or something better than what we have now on ground.

I think it's only proper to do some personal research before you conclude it's a stupid project.

osuofia2:
Why did you include the State government when you know the project is fully FG projects, you even stated that Kano state govt are known for finishing projects on time.
KSG tend to deliver their projects with speed.

Okay, FG tend to deliver their projects with speed.

Dogalmighty17:
What are we importing from Niger? Onions right? And maybe cattle and sheep. The entire volume of trade between Nigeria and Niger last year was worth only 6.4 million dollars. Far less than the cost of this railway Nigeria has built into Niger republic. Are you beginning to understand why our leaders deserve a place in the hottest part of hell now?

Where did you get this data?

I GUESSED SOUTH-SOUTH AND SOUTH-EAST ARE NOT PART OF NIGERIA.

FOR ALL THE RAILWAY PROJECTS CONSTRUCTED BY FEDERAL GOVERNMENT IN THE NORTH AND WEST, YOU HARDLY HEAR OF ANY IN THE SOUTH AND IN THE EAST, YET ALL THE MONEY THAT FUND THESE PROJECTS ARE FROM THE SOUTH.

GOD WILL JUDGE US

mrvitalis:
Nigerians and Nigeria leaders don’t actually care about development they actually care more about Looking or appearing developed

Is this a good ?
project’s absolutely

Do we need it ?
absolutely we do

Can we afford it as a nation now ?
absolutely no we can’t even afford to run our government without loans

Should we be doing this with borrowed funds absolutely not we are already in a terrible situation where we need to borrow to repay debts


what’s the effect of this on the common man ? It would make him poorer

How ?

Because government would print more money to repay this loan and it would reduce the value of the wealth of the poorest Nigerians

This is your mistake, all government in the world borrow money, they invest in infrastructure because without infrastructure the economy will never be great, the employment opportunities, the income, the advancement that comes from this is more than enough, Nigeria needs leaders that looks at the future, not someone who just stores the money and announces figures.

Wealth is more than what you have in your bank account, this is the mistake most young people make, no land no investment, even when they make money from yahoo yahoo they go around buying iPhone and iPad like children.

mrvitalis:
I can’t play Nigerian politics because people like me are not liked and the smart people who like people like me are blow the critical number to make impact on election

Do educating people like you to increase smart people critical number standing seems like the smarter choice

You're only smart in talking. Mchhh..

adaxme:
Railways and roads are not project for the masses.
they are for the establishment.
It's for their enterprise to move smoothly
Real development is shown by how they develop where u live and ur standard of living .
Even before independence we hard roads and railway, telephone and u all know why the. White built these things for the smooth running of their business

So how will government raise your standard of living without providing infrastructure to make business thrive.
It is the businesses that provides jobs that raises standard of living.

mrvitalis:
Nigerians and Nigeria leaders don’t actually care about development they actually care more about Looking or appearing developed
Is this a good ?
project’s absolutely

Do we need it ?
absolutely we do

Can we afford it as a nation now ?
absolutely no we can’t even afford to run our government without loans

Should we be doing this with borrowed funds absolutely not we are already in a terrible situation where we need to borrow to repay debts
what’s the effect of this on the common man ? It would make him poorer
How ?
Because government would print more money to repay this loan and it would reduce the value of the wealth of the poorest Nigerians

You didn't disappoint many of us, because once an Obedient - who see everything Wrong, except if it comes from them.
You statement is nothing short of Noises,so it is allowed.
But Nigeria has since moved,so Rest,Mr Man.

sparko1:
This is your mistake, all government in the world borrow money, they invest in infrastructure because without infrastructure the economy will never be great, the employment opportunities, the income, the advancement that comes from this is more than enough, Nigeria needs leaders that looks at the future, not someone who just stores the money and announces figures.

Wealth is more than what you have in your bank account, this is the mistake most young people make, no land no investment, even when they make money from yahoo yahoo they go around buying iPhone and iPad like children.

1) you are already in deep waters. Revenue is less than debt service + recurrent expenditure and you think the best way to spend out of that is to invest in infrastructure that can’t ever break even not to talk about make profit ?

Can you tell me exactly how this rail would help us 1) pay the loan used to construct it and help the revenue recurrent expenditure + debt service ratio that’s already bad

naptu2:
This project was conceived by the Jonathan Administration

Started by the Buhari Administration

And will be completed by the Tinubu Administration.

By God's grace!

mrvitalis:
1) you are already in deep waters. Revenue is less than debt service + recurrent expenditure and you think the best way to spend out of that is to invest in infrastructure that can’t ever break even not to talk about make profit ?

Can you tell me exactly how this rail would help us 1) pay the loan used to construct it and help the revenue recurrent expenditure + debt service ratio that’s already bad

This is stale, I already outlined the benefits, no country in the world is completely free of debt, improving the way of life of the people is more important, even if Nigeria stop all projects for another 20 years we won't pay of the debt, thinking otherwise is just a false perception of security.

sparko1:
This is stale, I already outlined the benefits, no country in the world is completely free of debt, improving the way of life of the people is more important, even if Nigeria stop all projects for another 20 years we won't pay of the debt, thinking otherwise is just a false perception of security.

Having debt is not an issue
Debt service to revenue the real issue

Stopping this project would reduce debt service

Nigeria is in big trouble with people thinking like you I swear

You guys treat debt as revenue with no plan to pay back

At this rate $1 to 5000 is a matter of time this is sad really sad

mrvitalis:
Nigerians and Nigeria leaders don’t actually care about development they actually care more about Looking or appearing developed

Is this a good ?
project’s absolutely

Do we need it ?
absolutely we do

Can we afford it as a nation now ?
absolutely no we can’t even afford to run our government without loans

Should we be doing this with borrowed funds absolutely not we are already in a terrible situation where we need to borrow to repay debts


what’s the effect of this on the common man ? It would make him poorer

How ?

Because government would print more money to repay this loan and it would reduce the value of the wealth of the poorest Nigerians

Rubbish.
This is a loan that aids development, i.e movement of Goods from A to B.
It will reduce the cost of good, reliance on petroleum, lower cost of petroleum.

The bad loans are loans to pay salaries, build bridges in places with lower traffic

ArcFresky:
Rubbish.
This is a loan that aids development, i.e movement of Goods from A to B.
It will reduce the cost of good, reliance on petroleum, lower cost of petroleum.

The bad loans are loans to pay salaries, build bridges in places with lower traffic

How exactly will this train repay the Loans

mrvitalis:
Having debt is not an issue
Debt service to revenue the real issue

Stopping this project would reduce debt service

Nigeria is in big trouble with people thinking like you I swear

You guys treat debt as revenue with no plan to pay back

At this rate $1 to 5000 is a matter of time this is sad really sad

Yeah, except the dollar is still coming down.

mrvitalis:
Nigerians and Nigeria leaders don’t actually care about development they actually care more about Looking or appearing developed

Is this a good ?
project’s absolutely

Do we need it ?
absolutely we do

Can we afford it as a nation now ?
absolutely no we can’t even afford to run our government without loans

Should we be doing this with borrowed funds absolutely not we are already in a terrible situation where we need to borrow to repay debts


what’s the effect of this on the common man ? It would make him poorer

How ?

Because government would print more money to repay this loan and it would reduce the value of the wealth of the poorest Nigerians

you are saying rubbish with confidence.
I wish i have the time to school you thou.
May i ask? Should FG stop all these projects and just be paying salaries?

Mubiola360:
you are saying rubbish with confidence.
I wish i have the time to school you thou.
May i ask? Should FG stop all these projects and just be paying salaries?

No you stop them n invest in things that can improve revenue

That’s investing in your people and their business in industry that have shown strong comparative advantage

We gave dangote $7bn he has paid it back , created 1000s of jobs , and created a company that pays more tax

You do this for other industries till

Revenue becomes greater than debt service +recurrent expenditure then the balance is used for infrastructure