NGpatriot:
#FGAtWORK… Next Level Agenda. The Honourable Minister of Works and Housing, Mr. Babatunde Fashola (SAN) on the deck of the 2nd Niger Bridge Project, Asaba Section by Messrs Julius Berger Plc on the 11th of February, 2020.

https://mobile.twitter.com/FMWHNIG/status/1227297126687760384

Awol1:
They are working so hard to gather points they'd consider enough to curry the Eastern votes in 2023.

But hey, I think I need to remind us that the Second Niger bridge was commissioned as Public Private Partnership Project.

What that means, as I remember president GEJ saying then, is that once the govt pays it's counterpart fund for the project, which Jonathan did, the project will go on irrespective of who is in power.

That's the truth they don't want us to remember.

anonimi:


A similar arrangement as the standard gauge railways with the Chinese loan completing what the Jonathan administration already paid.
That explains the speed of works on the Lagos-Ibadan railways while the express road is at a near standstill.
The Alliance of Past/Present Crooks, APC are experts at lies, propaganda and half-truth politicking.


www.nairaland.com/attachments/3356469_screenshot20160131120000_jpeg639beaec46d4ced684f639998a489af2

back2sender:
Just as you people said GEJ completed the second Niger Bridge. Buhari has done 100x GEJ on infrastructure

wirinet:


Show us evidence president jonathan paid counterpart funds for the project and how much?

Blackeuropean:
This bridge no dey finish?

anonimi:


If you can' show where I said that, does it make you a big, bloody liar

Awol1:
They are working so hard to gather points they'd consider enough to curry the Eastern votes in 2023.

But hey, I think I need to remind us that the Second Niger bridge was commissioned as Public Private Partnership Project.

What that means, as I remember president GEJ saying then, is that once the govt pays it's counterpart fund for the project, which Jonathan did, the project will go on irrespective of who is in power.

That's the truth they don't want us to remember.

maoolakanm:
THE ONE GEJ BUILT FOR YOU FINISHED ON THE PAPERS.

back2sender:


You have been a liar since 1800, no be today you don be one naa, we Sabi you reach house.

Anything buhari achieved una go sey naa GEJ do am, so dem forbid GEJ to complete am?
I still repeat it, on infrastructure buhari has done alot better tha than GEJ

Blackeuropean:
This bridge no dey finish?

Awol1:
They are working so hard to gather points they'd consider enough to curry the Eastern votes in 2023.

But hey, I think I need to remind us that the Second Niger bridge was commissioned as Public Private Partnership Project.

What that means, as I remember president GEJ saying then, is that once the govt pays it's counterpart fund for the project, which Jonathan did, the project will go on irrespective of who is in power.

That's the truth they don't want us to remember.

Sukueponmalu:

You no dy ever get sense??

CoolAmbience:



And what Jonathan said is what you took seriously abi?

What percentage completion did Jonathan achieve with the project?

Didn't you know that the project was reviewed under the current adminstration to include a rail line to Onitsha from Agbor?

It makes no sense to hinge the project on 'trying to curry Igbo votes' because Igbos have never particularly supported Buhari, and Buhari is serving his 2nd term already.

The 2nd Niger Bridge is a national interest project, whichever way you look at, but especially in the sense of the economy and ease of doing business.

I would like to let you know that a PPP project does not imply that it is not a government project. The PPP is just designed to fasttrack realization of critical projects.

The funds coming from the private companies or consortiums are not free, as participating entities will recoup their investments.

Godons1:
Buhari is working, haters go and die.

Blackeuropean:
This bridge no dey finish?

Awol1:
They are working so hard to gather points they'd consider enough to curry the Eastern votes in 2023.

But hey, I think I need to remind us that the Second Niger bridge was commissioned as Public Private Partnership Project.

What that means, as I remember president GEJ saying then, is that once the govt pays it's counterpart fund for the project, which Jonathan did, the project will go on irrespective of who is in power.

That's the truth they don't want us to remember.

GeneralPula:


Stop wondering bro..

85% of them are benefactors..

oyatz:
Don't mind that guy. He doesn't know what he is saying.
The PPP arrangement being considered by GEJ was cancelled and that's why there are no toll gates around the bridge.

Carlmax:


https://investadvocate.com.ng/2014/03/11/jonathan-kicks-off-n117-billion-second-niger-bridge-project/


https://guardian.ng/opinion/the-second-niger-bridge-facts-and-figures/

Jonathan promised that the landmark project being executed by Julius Berger would be completed in four years at a total cost of over N117 billion.

He told the guests at the ceremony that the project will be executed under the Public Private Partnership (PPP) arrangement for a period of 25 years.

Dr. Ngozi Okonjo-Iweala, explained that the project would be 60 per cent equity and 40 per cent debt, adding that the financing model being proposed would be a template for the development of economically viable projects in the country.

The project is being constructed under a Public Private Partnership (PPP) scheme. A Consortium JB-NSIA, is working on the project on the basis of Design, Build, Finance, Operate and Transfer (DBFOT), at a total cost of N108 billion. The Bureau of Public Procurement (BPP) reviewed the concessionaire’s cost of N138 billion down to N108 billion. The project phases will be constructed under Engineering, Procurement and Construction contracts awarded by the Federal Ministry of Works (FMW).

The Federal Government committed to contribute N30 billion (28%) of the project cost. The remaining 72% will be raised by the Consortium under a 25-year concession. The Federal Government has so far committed N18.31billion. Out of this, N10.4 billion has been disbursed leaving a balance of N7.94 billion. A team of local and international consultants was engaged through a rigorous and competitive procurement process. The NSIA has spent the sum of $2.21 million on consultancy and another $247,586 on due diligence to determine project viability The first-class advisory services are required to enable the project reach financial close – the point at which private capital is successfully raised.

5'
BUSINESS
Second Niger Bridge’s main work’ll cost N210bn – FG
Published Apr 28, 2018 at 5:30am


Okechukwu Nnodim, Abuja


The main construction of the Second Niger Bridge will cost N210bn, the Federal Government announced on Friday.


It also stated that the construction work of the bridge would be awarded in about two months’ time as the memo for its procurement would be sent to the Bureau of Public Procurement next week.

The main bridge, which has a length of 1.59 kilometres, forms part of the 11.9km length of the entire Second Niger Bridge project that comprises four sections namely: Asaba road, toll plaza, bridge and Onitsha road.

The bridge links Delta and Anambra states, but the entire road project traverses a lot of communities in these states.


The Director of Highways, Bridges and Design, Federal Ministry of Power, Works and Housing, Sogbesan Adetokunbo, stated that the activities currently ongoing at the project site were mainly early works, adding that the construction of the main bridge would soon commence.

When asked what it would take to complete the main bridge and the projected completion date, Adetokunbo replied, “It should be completed within two years and the cost to do this at the current rate is about N210bn. Please note that this is for the main bridge work.”

He emphasised that the procurement for the main bridge would start soon and that a memo on it would be sent to the Federal Executive Council for approval, after getting a no objection response from the BPP.

Providing a brief history of the project, Adetokunbo said, “ Early works 1 to 3 have been completed. Early work 1 comprises the design of the road, soil investigation, preliminary drawing and final engineering drawings. Early works 2 and 3 are at the Asaba end, while early work 4, which is ongoing, is at the Onitsha end.

“So, early works 1, 2 and 3 are 100 per cent completed, while early work 4 is about 45 per cent completed. But the main work, which is the main bridge, is at the point of procurement. The estimates have been concluded, a memo has been written to the BPP for no objection, and thereafter, a memo will be sent to FEC for approval.”

Awol1:
They are working so hard to gather points they'd consider enough to curry the Eastern votes in 2023.

But hey, I think I need to remind us that the Second Niger bridge was commissioned as Public Private Partnership Project.

What that means, as I remember president GEJ saying then, is that once the govt pays it's counterpart fund for the project, which Jonathan did, the project will go on irrespective of who is in power.

That's the truth they don't want us to remember.

wirinet:

So it took you two days to dig this thrash out?

Is it that you cant read or you can't comprehend? In the first link, there was no where it said Jonathan has paid anything for the project not to talk of paying 50% of the project.

These are the relevant quotes from the first link;


These are the relevant quotes from the second link;



Now this is the stage of Works as at April 28 2018;


To some people even if Buhari build their fathers house from start to finish, they would complain and say Jonathan thought of it first, and built it in his dreams.

Carlmax:


My friend look at the above links, Government is a continuum, Jonathan started the work on that bridge under a PPP, and disbursed a huge chunk of Government part of the required funds before leaving office... Don't attempt to rewrite history. If Buhari dies today, that bridge would still be completed and tolled, because it is a PPP.

seunmsg:


Why is it so difficult for some of you to do a little research before coming online to disgrace yourself? Which huge chunk did Jonathan disburse? Is something wrong with you People’s brain?

praz001:



His incompetence you say...
All these yen! Yen! Yen! Yen! About fashola. When last did wheel on the Lagos ibadan express way?

Or some housing projects he delivered in Abuja dropped down from heaven?

Lagos abeokuta road renovation is also there...

I guessed ur 24hours power supply is now intact. Power generation now under Salem mannamah is worse than it was under Fashola.....

One was given 3 project to work on before a slot was taken from him due to the fact you guys were complaining it was too much....

Won't take anything away from amechi but as transportation minister, it's just rail..... Fashola would have done much more better on that....

Bro! Give it to the man. BRF......

teepain:


You are correct to the extent that the railway project has local funding component.

However, what I meant was that because of the Chinese counterpart funding and the consequences of breaching the contract, FG has made available the complete local funding as early as 2017 and there was no need for a yearly back and forth on appropriation and budget defence.

While in the case of the expressway, funds have been made available piecemeal, on a yearly basis. Infact, there were reported instances of the budgeted amount being slashed under the leadership of Senator Bukola Saraki, the Senate President, as he then was.

Now, I'm not in any way defending Fashola but I just like for us to compare apples to apples. If you, as a person, were to be evaluated for performance and non-performance; I would try to do that vis-a-vis the resources that were made available to you.

"Fashola said the budget for Lagos-Ibadan Expressway was slashed by more than two-thirds from N31 billion to N10 billion, even as contractors have demanded an outstanding payment of N15 billion."

Source: https://www.pulse.ng/news/local/2017-budget-senate-slams-fashola-explains-why-lagos-ibadan-road-budget-was-slashed/9txmh3z.amp

Carlmax:


Are you saying Jonathan government paid nothing for the bridge? please provide links to educate us.

https://dailypost.ng/2018/04/14/doyin-okupe-makes-15-shocking-revelations-second-niger-bridge/

SoNature:
Give it to Bar Babatunde Fashola.

This man is Yoruba, but he has visited the SE/SS inspecting projects more than Chibuike Amaechi who comes from that region.

I am sure Amaechi has no plans to go for an elective position again because he is not setting the right precedence.

isthatso:


I acknowledge that but Fashola always gives excuses, thats the reality. Amaechi could have found excuses, afterall he is facing the same issues. If you look at Fashols's history, he takes glory but when things dont work it's always someone elses fault, even when he chop, he say he didnt sign cheques.

Fashola Is overated, end of and I knew he would be found out when he gets to federal level!!!!

Blackeuropean:
This bridge no dey finish?