Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire - Politics (3)

Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire - Politics (3) - Nairaland

Nairaland Forum › Nairaland General › Politics › Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire (34680 Views)

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Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by makizee(m): 8:39am On May 23, 2017*

It is safe to say many Nairalanders are more emotional than rational, proudly showing off ignorance and even insisting they are right, maybe some of you do not know the scope of work to be done and how much the almost a trillion naira is in dollars or even pounds, also considering most of the building materials would be sourced from abroad, the expats won't touch your naira and all the logistics involved....surely, a project like this would be cheaper in more developed countries but for ours...it's just gonna be higher.

Sometimes i feel when i'm on nairaland, i am in the midst of kindergarten kids, what a far cry from what nairaland was in the late 2000's..

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Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by 4Play(m): 8:39am On May 23, 2017

There isn't much money available for major government infrastructure projects (even if co-financed by private sector), particularly at the state level. Expect to see many of these projects shelved.

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Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by smizel(m): 8:42am On May 23, 2017

Hmmm. Reading some people comment looks absurd. Do you know how much it cost to build a bridge most especially when it is a coastaline project. I think those people should redevelop themselves through reading, browsing and research or any civil engineer on this trend.

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by 4Play(m): 8:43am On May 23, 2017

Jaideyone:
and you ended up giving yourself away as a PDP agent. pls go to Lagos state government website and bring out where money was allocated for it in the budget last year. Advanced Engineering Consult around Town planning in Lagos did the consultancy work on that bridge and not a kobo has been paid to them since last year. stop saying what you don't know. stop exhibiting your ignorance

Isn't it likely though that state governments are announcing major projects that they know will never see the light of the day? This is the oldest trick in the book and PDP governors are as guilty of it as APC governors.

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Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by Nobody: 8:46am On May 23, 2017

dealslip:
Almost a trillion Naira for a 36km bridge. This people should fear God oh!!!

The money is coming from foreign investors NOT federal government or "oil money". So, if it is too expensive, they would not put their money in it.

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Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by iammo(m): 8:47am On May 23, 2017

jusRadical:
well from my little findings
*Jiaozhou Bay Bridge 2.5trillion naira for a 26.7 km bridge in china with steel plant readily available and engineers
*Qingdao Trans-Oceanic Bridge 2.8 trillion naira for a 40km+ bridge in china with steel plant and world class engineers availabe
As for lagos 4mb at N844 billion i wouldnt be too quick to call the goverment corrupt l.

You cost a project by mere visuals, it shows a deafening endermic ignorance.
Google similar project around the world and check their costs.

Let us stop defending corruption: we will NEVER progress if we continue doing so.

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Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by daredreman(m): 8:49am On May 23, 2017

Okoroawusa:
bros,abeg no vex o!
u don build bridge before?

LoL

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by Jaideyone(m): 8:50am On May 23, 2017

4Play:
Isn't it likely though that state governments are announcing major projects that they know will never see the light of the day? This is the oldest trick in the book and PDP governors are as guilty of it as APC governors.

the project will see the light of the day. a 36km bridge is not something you plan and build in one year. do you know the number of houses that will be affected? people will be paid compensation. the structure has to be perfect to avoid collapse

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by badmussy(m): 8:52am On May 23, 2017

dealslip:
Almost a trillion Naira for a 36km bridge. This people should fear God oh!!!

But this is less than 3 Billion USD for a 36km bridge (Probably the longest in Africa). Let us compare with what is out there and see whether there is a big difference.

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by Nobody: 8:53am On May 23, 2017

realborn:
A visionary and very proactive government.

Signed May 25, 2016, terminated May 22, 2017.

Enacting timely and promptly, the termination/determination clause on delays by the concessionaire.

If more public entities can be run like real business outfits without forgetting the mandatory social services, the results will be very far reaching. Today, Dubai launched a Robot Police Service. Soon, Lagos may lead a landmark development achievement in West Africa (at the least), at this pace.

Wishing Ambode and his team greater direction in the choice of a new suitable concessionaire.

As one who voted APC at the last election, I am not comfortable with the news. I dont think it was a great contract. I dont think the project coordinator needs to be an unknown firm like visible anything.

But

Lagos needs to stop breaking and shunting contracts. What milestones were set for the project, how many have been missed? What warnings were given? What penalties other than contract cancellation are available? Contracts have never been sacrosant in Nigeria and Lagos had an opportunity to change this. It didnt do so this time. What recourse does an aggrieved party have? The Lagos High Court? Please.

In the next round of concessionary discussions, we want to see proven names with a long history of success in similar projects. Since it is a dollar denominated project we want to see international arbitration as the first line of legal protection. A lot of money has already been spent. We cant keep doing ludo " peck and go"

Long live Lagos state. I am still a strong supporter of the governor and his party and every day i thank God for not allowing some charlatans speaking english to hijack the state to fund the repair of their ruined umbrella.

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by tayor01(m): 8:53am On May 23, 2017

Pls me I am nt understanding d design of dis bridge ooooooo. Una say na 36km long yet dem put pedestrian walk way..... Abeg who wan trek d whole 36km 4 dis bridge...... jst ma thoughts

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Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by farihafaheemah(m): 8:56am On May 23, 2017

DamiBukola:
look at how u r defending corruption. So because it will be done, the road worth almost a trillion naira ?

This is not normal road construction, this road construction is taken place on water. Aside that, it connected so many axis not just straight to island. I will advise you get the design of raod construction, peruse it and give ur final judgement

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by Nobody: 8:57am On May 23, 2017

wristbangle:
It may look inflated but the project is massive because aside road, other channels will be embedded such as rail, pedestrian, layby, etc.

Kudos to the visionary step of Ambode. I was wondering what could be delaying the construction of the project but their reason is justifiable but they shouldn't have waited up to a year before they terminate the project from the concessionaire

when will such project be done in your village Osogbo

grin

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by wristbangle: 9:00am On May 23, 2017

Enuguboy4nsk:
when will such project be done in your village Osogbo

When will such project take place in SE?

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by DamiBukola: 9:01am On May 23, 2017

bamidelee:
you better go and sidon somewhere if you don't know how costly projects are

since it is APC governor, you agree things are costly? Oluwa egba mi o

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by DamiBukola: 9:04am On May 23, 2017

Jaideyone:
keep shouting corruption. 36km bridge for 844b the bridge will be over the lagoon so how do you expect it to be the same cost with a flyover that will be on land? will the pillars not be stronger? pls get out of here if you can't use your head in simple arguments. GEJ was going to construct 2nd Niger bridge of less that 2km at over 100b naira and we didn't see bigots like you crying foul. it's a 36 km bridge coming at a cost of 23b per km. olodo

you see why Nigeria can never get to the promised land, you lots always equate yourselves to failed government and not to successful government as is the case in developed natipns . Nigeria ti baje

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by Nobody: 9:05am On May 23, 2017

wristbangle:
When will such project take place in SE?

Afonjas are predictable..I knew that's the line you will toll...but common Nigeria has been divided into states and u should care for your state Osun

We Igbos together with Hausa;Awuri and may be Yoruba are co-owners of Lagos grin

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by IamaNigerianGuy(m): 9:19am On May 23, 2017

Keneking:
Useless decision by Ambode...

+ No one can enter this concession plan again.
+ Poor handling of the transaction since inception.
+ White elephant project
+ Huge investment outlay with NO returns.
+ Place of 'middlemen' would affect the offtake.
+ Mr Commissioner for Waterfront should resign for this decision.
+ Investors would be wary of this kind of decision.
+ Inflation ti take ova and I am sure new quote would have been submitted say N1.2trillion.

Mynd44 day don break for Agboju oh

Entirely useless decision and nonsense propaganda.

Nonsense

You are probably right. But something tells me there might be political considerations lurking behind the decision.

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by thunderbabs: 9:24am On May 23, 2017

dealslip:
Almost a trillion Naira for a 36km bridge. This people should fear God oh!!!

You think 36km bridge stretched over a wide lagoon is similar to flooring ur 1 plot compound? With dollar exchange rate at what it is? shocked

You lack sufficient argument to discredit the cost of the project...

You might want to submit ur own proposal so we could ee how feasible it is.

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by goodlifehyd(m): 9:27am On May 23, 2017

olujastro:
When you don't know, humble yourself and go and learn about it instead of arguing like you get paid for it.
The burj Khalifa cost $1.5b (about N500b). Following your logic, Is it not just a building after all?
Now go and find out more about the 4th mainland Bridge instead of lazily waiting for people to school you about its design. You have Internet access and videos abound on YouTube.

A lot of people with family frustrations will just come on NL to spew trash, just a lil google search would had saved him from such embarrassment, even Almighty china spent close to $7bn on a 26km bridge and he's here masturbating over a 2 or $3bn double level 36km bridge were almost everything that will be used will be imported

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by Nobody: 9:30am On May 23, 2017

makizee:
It is safe to say many Nairalanders are more emotional than rational, proudly showing off ignorance and even insisting they are right, maybe some of you do not know the scope of work to be done and how much the almost a trillion naira is in dollars r even pounds, also considering most of the building materials would be sourced from abroad, the expats won't touch your naira and all the logistics involved....surely, a project like this would be cheaper in more developed countries but for ours...it's just gonna be higher.

Sometimes i feel when i'm on nairaland, i am in the midst of kindergarten kids, what a far cry from what nairalanf was in the late 2000's..

plus even some of the money will go in to compensation.

About 800-4000 houses will be destroyed in the process..

This is not even government contract.
Where will lagos see 1 trillion to build just a bridge?

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by Nobody: 9:32am On May 23, 2017

dealslip:
Almost a trillion Naira for a 36km bridge. This people should fear God oh!!!

use your head.

This is not a government project.
Plus compensation alone is gonna take close or more than 10% of that money.

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by Nobody: 9:32am On May 23, 2017

jusRadical:
You cost a project by mere visuals, it shows a deafening endermic ignorance.
Google similar project around the world and check their costs.

Let us stop defending corruption: we will NEVER progress if we continue doing so.

Some people will just come online and quote you without any credible proof but be referring you to google. Very lazy and cheap way of thinking.

Or did you ignore the naira value I mentioned or how easy it was for 10billion dollars to walk away? Do you know how much that is in naira? Simple abc will tell you the naira is just big in numbers but no value.

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by okoliexpress: 9:38am On May 23, 2017

dealslip:
Almost a trillion Naira for a 36km bridge. This people should fear God oh!!!

iff you see the design you will know its worth it.....

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by sucess001(m): 9:56am On May 23, 2017

i wonder which foreign investor will come after such unstable government decision.

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by Acidosis(m): 10:18am On May 23, 2017

oseiwe:
roads will pass over and under? where will they come from? even railway? I no understand again

That guy constructed his own 3D image in his rectum.

Nor be only railway, na airline.

The project is not worth N1 Trillion. I can understand their reasoning though.. Nigeria is such a place where anyone can claim anything and people will believe. These guys are the same set of people that believe Davido has 30 billion in his account. I wish these guys know what it means to even own N100 million, talk more of 500 million or 1 billion.

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by vantage001: 10:25am On May 23, 2017

Over 1 trillion Naira bridge.
That is like over 20% of Nigeria's fiscal budget for a year.
Wetin concern me?

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by Justuceleague2: 10:28am On May 23, 2017

That's good

Re: Ambode Cancels N844b Lagos 4th Mainland Bridge, Terminates concessionaire by deomello: 10:29am On May 23, 2017

dealslip:
Almost a trillion Naira for a 36km bridge. This people should fear God oh!!!

Do you know how many houses they are going to destroy and how much they are paying in compensation?

There's more to the project than just bridge.

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