₦airaland Forum

to further hood-wink the afonjas.

funlord:
How many times will this road be budgeted for?

Where u for see road Bros?

Which one has they started doing in the southeast? Yeye government.

The rail route is different from the popular Lagos-Ibadan expressway axis. A boost to investment in my area.

olaolaking:
Good news though. But based on experience, I won't jump up yet

Koleman:
Formerly i for jump with joy but recently the reality is painful

mykeljosef:
make that fg releases 36 billion for half construction
and 36 for some 5-10 people pocket



at the 2 posters above me

God bless you guys for the sense in ya comments

God bless you guys for the sense in your comments.

Now, let's watch as the fat-cats defalcate 2/3 of the fund and construct a low-quality rail line.

funlord:
An error on my part in posting Road or rail does not negate the point I have raised?

Even the rail has been budgeted for in the past times without number with nothing to show for it!

Sorry bro
Most projects budgeted mmay not be executed because there may be no money to fund the budget. There is different thing to budget fot something there is another thing to not get money to fund it.

Flexherbal:
Hope they use the money for what it is meant for!

BROS ITS A PPP arrangement so no question of money not well spent, the problem with PPP is when government fails to fulfill its obligation of the contract. It is a straight forward approach and developed world adopt this methods for major infrastructural development.

owopokiri:
Meanwhile they are still searching for money for projects in the east though they insisted that most should be PPP.. , essentially, whosoever dares to build in the east will go and recover his or her money by tolling the roads. It is still one Nigeria, right?

I expected this.. Is this cheap Wailing or the usual disappointment that comes with every good deeds of this administration?

funlord:
An error on my part in posting Road or rail does not negate the point I have raised?

Even the rail has been budgeted for in the past times without number with nothing to show for it!

Are u a toddler,

seems you have comprehension problem, budgeted for is different from disbursed/approved.

9ice one MR PRESIDENT... this is part of Dividend of 2016 budget.....many lives will surely be affected positively.....weldone sir

owopokiri:
Meanwhile they are still searching for money for projects in the east though they insisted that most should be PPP.. , essentially, whosoever dares to build in the east will go and recover his or her money by tolling the roads. It is still one Nigeria, right?

The banking hall ejaculators are here already masturbating.

owopokiri:
Meanwhile they are still searching for money for projects in the east though they insisted that most should be PPP.. , essentially, whosoever dares to build in the east will go and recover his or her money by tolling the roads. It is still one Nigeria, right?

Lol!

Flexherbal:
Hope they use the money for what it is meant for!

This is a counterpart fund. The body implementing the project will see to its implementation. They have no power over the project. Its just like a PPP arrangement.

[[s]quote author=jiinxed post=53078123]to further hood-wink the afonjas.[/quote][/s]

Go and complete drugs prescribed for your good health and functioning brain please.

owopokiri:
Meanwhile they are still searching for money for projects in the east though they insisted that most should be PPP.. , essentially, whosoever dares to build in the east will go and recover his or her money by tolling the roads. It is still one Nigeria, right?

I know it is inevitable to see a comment like this, but i dont know it would be this early.This victim mentality has entered the soul, we just hope it wont be passed to future generations.

owopokiri:
Meanwhile they are still searching for money for projects in the east though they insisted that most should be PPP.. , essentially, whosoever dares to build in the east will go and recover his or her money by tolling the roads. It is still one Nigeria, right?

Ask Goodluck Jonathan that question...

Usernamesucks:
This is a nice development. The pressure on the Lagos - Ibadan expressway will be greatly reduced. God bless Nigeria.

And people can live in Ibadan and work in Lagos...

koladebrainiac:
Sorry bro
Most projects budgeted mmay not be executed because there may be no money to fund the budget. There is different thing to budget fot something there is another thing to not get money to fund it.

So there has never been money available since 1960? This is the sort of stance and buck passing that has ensured that our leaders have always gotten away with under performance in the past!

Nigeria's problem has never been funding rather it has been that of political will!

funlord:
How many times will this road be budgeted for?

which school u go?we are talk railway or train whichever way u will understand it

Sammiejokes:
ARE YOU A TODDLER,

seems you have comprehension problem, budgeted for is different from disbursed/approved.

If you keep asking _stupid questions then expect to be spanked like a _stupid kid!


How many things have been budgeted, approved and disbursed for in this country since 1960 that have become white elephant projects or that have had their funds mismanaged in the past? There are too many reasons littering history that point to why we must always be suspicious of some certain caliber of projects!

Omogbhollahorn:
Rail ode oshi

You must be either foolish or partially blind to have ignored my subsequent post intimating my own error in writing road instead of rail!

Nice one

Every time Lagos Lagos, Lagos. Is Lagos and south west only place in Nigeria? you take everything and still turn around to shout one nijiria. Nonsense.

adeoba2008:
This is a counterpart fund. The body implementing the project will see to its implementation. They have no power over the project. Its just like a PPP arrangement.

Good!

funlord:
So there has never been money available since 1960? This is the sort of stance and buck passing that has ensured that our leaders have always gotten away with under performance in the past!

Nigeria's problem has never been funding rather it has been that of political will!

there was no provision for lagos ibadan railway in 1960 budget bro.... but on a good day...i think i am only saying for last year budget 2016

Quick question : where will this rail line pass through? Does someone know the designated route?

funlord:
An error on my part in posting Road or rail does not negate the point I have raised?

Even the rail has been budgeted for in the past times without number with nothing to show for it!

They are constructing a new one to run side-by-side with the old one to make it two not the renovation of the old one that previous administrations has been doing.

They already said it two weeks ago and I read it.

If we follow the news coming out of this administration, we find out that it is very consistent. They say something this week and they next time they say something about it, you find out that it is consistent with the previous one they said especially when it has to do with projects. That is one attribute of someone telling the truth but I found out that people are so blinded by the hatred they have for them that they forget to add up the information.

soberdrunk:
I dont like "Amaechi" and "rail" in the same sentence, it brings back sad memories

Are you in Port Harcourt?

What is happening with the monorail?

koladebrainiac:
there was no provision for lagos ibadan railway in 1960 budget bro.... but on a good day...i think i am only saying for last year budget 2016

What has 1960 got to do with my question in my 1st post?......they have been systematically ripping of the nation with such schemes for decades! Read the screen shot and the adjoining article! I told you that the lagos Ibadan rail has been one of their cash cows in addition to the rail projects in other parts of the country!



http://punchng.com/nigerian-railway-a-tale-of-failed-contracts-dashed-hope/

seunmsg:
The money was released to thUe Chinese who will then add their own counterpart funds to it once the National assembly approves the loan request. The money cannot be accessed by any government officials so, no embezzlement can take place.

You seem to forget the chinease are worse than Nigerians when it comes to corruption .
They have the ability to gang up with government officials .

Boyoorisha:
The Minister of Transportation, Mr. Rotimi Amaechi, on Monday stated that the Federal Government had released N72bn as its counterpart funds for the construction of the Lagos-Ibadan standard gauge railway line.








The minister said this at the Second Presidential Business Forum, which was presided over by Vice President Yemi Osinbajo at the old Banquet Hall of the Presidential Villa, Abuja.








He said the money was released in full so that there would be no delay in the implementation of the project.

Amaechi also used the opportunity to appeal to the National Assembly to approve the $29.9bn foreign loan request made by President Muhammadu Buhari.

He said, “On the construction of Lagos-Ibadan railway line, the Minister of Finance has been kind enough to release the counterpart funding in full. I think in the history of Nigeria, this is the first time that we are releasing counterpart funds in full so that there will be no delay since the Chinese loan appears to have been approved.

“The only thing we need to do, I thank God there is somebody from the National Assembly here, is to plead with the National Assembly now that the funds have been approved; then, the National Assembly should please approve the $29.9bn loan.

“If you don’t encourage the National Assembly to make that approval, then, the economy won’t be making the kind of progress we want it to make. So, for me here, I will persuade the National Assembly to kindly make that approval because it is tied to projects.”


http://punchng.com/fg-releases-n72bn-lagos-ibadan-rail-line/

Good development, excited... Hope our children do not have to discuss about the completion.

olasmith10:
This will boost rural-urban, urban-rural migration.. You can now work in Lagos then live, sleep and relax at Ibadan and ogun

my plan