Ramsey247's Posts
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Demmocrats:That means the tribunal is now against any move by the pdp. Rubish |
cele360:What makes a tug different from a cultist? |
HungerBAD:As if you stay in rivers. When the BMP dictatorship hammer reach ur side, then u will know that goat eat water proof these days. |
Why is it making headline? Ladies were de dump guys nko? |
dekdek:I dont have time for party agent of propaganda neither do i intend to sound like another party defendant. But, it will be fair to mention here that price of petrol was reduced by #10 and subsidy bill brought down from above #1Trillion a year to bellow half a trillion during GEJ's tenure. Mtcheeew |
dekdek:Your eediocy (if any word like that) is unpresidented. A report states vivid reason for subsidy decline, yet u fail to get it. The act of abusing people publicly is only for the idiots. |
dekdek:Subsidy has been on the downward trend since crude price started falling. It is making headline todays because the govt has no better news. |
modath:Always pay attention to news. GEJ came up with TSA but dumped it after a pilot test with one or two agencies. Metu said it that this TSA of a thing will not work out. I expect to hear another reversal on crude delivery by vessel to the refineries. Nigerians will gradually believe GEJ. |
aamstih:Sheffield Hallam coventry Cranfield Robert Godden Salford Uni of Eastern England Nothingham etc |
[quote author=stepo707 post=38106158]So my question i still this, is it only UK schools that NDDC sponsors?[/quots] NDDC Can sponsor @ any school outside Nigeria. I saw some one going US, and another going to France. |
Cebu:People like you will always make things difficult for people. Hope you dnt wana be the last eater of the nddc foreign scholarship cake. |
But wait o, why is it always the women folks that are in the recieving end. Cant they also give? |
Untill your father's enemy who is a DPO is ask to arrest u, you will not see reason for injunctions. |
I just dnt know why we love properganda so much in this country. At the fullness of time we will know those who are actually corrupt in this country. |
This govt is doing every thing possible to spoil GEJ's name just to divert people's attention from their failed promises. The so called writer said the contract was unecessary. Now the question, is warri refinery able to get crude by pipe? PH refinery will soon be shut down too as soon as crude stock is exusted. GEJ did every thing by his power to see that the refineries worked. I did my IT at the refinery during that period and i knew when the plant was shut down due to lack of crude. Hence the quick arrangement for delivery of crude via vessels. Lets watch and see if the decision will not be reversed as usual since may 29. |
THE recent statement by H.E. Governor
Adams Oshiomhole of Edo State to the effect
that the Second Niger Bridge has gulped
N140 billion in consultancy services is
misleading; the facts prove otherwise. How
could a project whose total cost is put at
N108 billion spend N140 billion in
consultancy alone? Unfortunately, the
statement has raised much dust and is
capable of putting Nigeria in bad light. By
giving the erroneous impression that
corruption has crept into the newly
conceived mega bridge project, the
international community, especially, willing
investors in the project, could be scared
away, which is not in our national interest.
Governor Oshiomhole is a highly respected
comrade governor whose statements carry
weight. It is regrettable that such
unpatriotic statement was attributed to him,
which might need recanting or
clarification. The former Minister of Works,
Mike Onolememen, under whose tenure the
project was conceived, has debunked
Oshiomhole’s statement and challenged him
to substantiate his claim.
Oshiomhole is not alone in making
speculative statements about a bridge,
whose preliminary construction work began
barely four months ago, precisely in May,
2015. The rumour mill is awash with all
kinds of speculations. The South-East Zone,
whose patriotic instinct fires their zeal,
appears to be the most agitated. I would like
to stress from the outset that the Second
Niger Bridge is not an Igbo project. A bridge
that equally bestrides Anambra State at
Onitsha and Delta State at Asaba cannot
belong to the Igbo alone. I, therefore, can’t
understand why only the Igbo appear to be
too forward about the bridge. Everybody
should be calm and stop politicizing the
bridge that would, in other climes, go
unannounced until it is completed. The
other day, China commissioned the world’s
longest bridge measuring 42.4 kilometres.
Nobody heard about it while it was under
construction.
For example, while the Ohaneze Ndigbo, the
other day, reportedly warned President
Muhammadu Buhari not to stop work on
the Second Niger Bridge; the Aka Ikenga
also issued a statement condemning the
cessation of work on the bridge. Earlier on,
the Ohaneze Caretaker Committee had
lamented that former President Goodluck
Jonathan “lied to Ndigbo about awarding
contract for the construction of Second
Niger Bridge”. My fear is that these
statements could derail the bridge project
rather than enhance it. An attempt to
establish the truth led me to investigate the
bridge project.
The truth is that the bridge does not serve
the South-East more than it serves the
South-South and South-West that have
direct link to it. I am afraid that if this
bridge is branded an Igbo project, it would
be treated like everything belonging to the
Igbo. The bridge should be left to the Federal
Government and the international investors
to realise the project.
The first Onitsha-Asaba Niger Bridge was
completed in December 1965. Built by the
French construction giant Dumez, the
bridge linked the defunct Eastern and
Western regions of Nigeria. Today, it is the
major corridor of trade between the South-
East, South-South, South-West and North-
Central zones. At the time the bridge was
conceived, Nigeria was mainly an agrarian
economy. Thus, the bridge served as the
avenue for transporting different
agricultural products – palm produce,
timber, rubber, etc. Prior to the
construction of the bridge, these
commodities were ferried across the River
Niger between Onitsha and Asaba using
canoes.
Owing to rapid economic development and
population growth, pressure began to mount
on the bridge, especially during festive
periods. The bridge has been overstretched
beyond its capacity. There is apprehension
that the bridge might collapse with
catastrophic consequences to lives and
property. To forestall such disaster, the idea
of a Second Niger Bridge was conceived.
The Second Niger Bridge was on the
drawing board for many decades. Successive
administrations in the country paid lip
service to its construction. It was President
Goodluck Jonathan that flagged off the
construction of the bridge and actual work
started. To that extent, it is wrong to accuse
Jonathan of lying to Ndigbo about the
bridge. Jonathan thought that he would win
a second term during which he could
complete the bridge. But he lost the
election. The history of the bridge cannot be
written without mentioning him.
The truth is that work has commenced on
the Second Niger Bridge and is progressing.
The project, which is divided into three
phases, will bypass Onitsha and Asaba to
connect the Owerri-Onitsha Expressway at
Nkwerre-Ezunaka, and then cross Atani to
the Asaba-Benin Expressway at Okpanam
with a total length of 44 kilometres. With
this length, the Second Niger Bridge will
surpass the world’s longest bridge in China
(42.4km), to become the world’s longest
bridge!
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 $247,586 on due diligence to
determine project viability. The first-class
advisory services are required to enable the
project reach financial close – the point at
which private capital is successfully raised.
Based on reliable information, work has not
stopped on the bridge. It could be said that
work has slowed down because of the rainy
season that naturally stalls engineering
construction work. Preliminary physical
works have been completed. By December
2015, the final phase of the early works
will be completed. The Environmental and
Social Impact Assessment (ESIA) is being
done to meet the highest international
standards to make the project eligible for
long-term financing by local and
international financial institutions. The
Infrastructure Concession Regulatory
Commission (ICRC) is reviewing the Full
Business Case (FBC) and Draft Concession
Agreement (CA). Once the ICRC approves the
FBC, the CA will be signed and the
Consortium will then raise the remainder of
the project capital.
President Buhari has stopped work on the
project. It is in the country’s interest to
hold onto this project because any review
will definitely raise the cost owing to the
depreciation of the naira. The cost of the
project was reached at the exchange of
N154/$. Now the naira exchanges at N197/$.
I can appreciate that Nigerians want to see
a second bridge across the River Niger.
People should calm down. The bridge project
has a development and completion time-
frame four years from financial close –
point at which private capital is successfully
raised. This point has not reached, meaning
that count down for the bridge is yet to
start. |
THE recent statement by H.E. Governor
Adams Oshiomhole of Edo State to the effect
that the Second Niger Bridge has gulped
N140 billion in consultancy services is
misleading; the facts prove otherwise. How
could a project whose total cost is put at
N108 billion spend N140 billion in
consultancy alone? Unfortunately, the
statement has raised much dust and is
capable of putting Nigeria in bad light. By
giving the erroneous impression that
corruption has crept into the newly
conceived mega bridge project, the
international community, especially, willing
investors in the project, could be scared
away, which is not in our national interest.
Governor Oshiomhole is a highly respected
comrade governor whose statements carry
weight. It is regrettable that such
unpatriotic statement was attributed to him,
which might need recanting or
clarification. The former Minister of Works,
Mike Onolememen, under whose tenure the
project was conceived, has debunked
Oshiomhole’s statement and challenged him
to substantiate his claim.
Oshiomhole is not alone in making
speculative statements about a bridge,
whose preliminary construction work began
barely four months ago, precisely in May,
2015. The rumour mill is awash with all
kinds of speculations. The South-East Zone,
whose patriotic instinct fires their zeal,
appears to be the most agitated. I would like
to stress from the outset that the Second
Niger Bridge is not an Igbo project. A bridge
that equally bestrides Anambra State at
Onitsha and Delta State at Asaba cannot
belong to the Igbo alone. I, therefore, can’t
understand why only the Igbo appear to be
too forward about the bridge. Everybody
should be calm and stop politicizing the
bridge that would, in other climes, go
unannounced until it is completed. The
other day, China commissioned the world’s
longest bridge measuring 42.4 kilometres.
Nobody heard about it while it was under
construction.
For example, while the Ohaneze Ndigbo, the
other day, reportedly warned President
Muhammadu Buhari not to stop work on
the Second Niger Bridge; the Aka Ikenga
also issued a statement condemning the
cessation of work on the bridge. Earlier on,
the Ohaneze Caretaker Committee had
lamented that former President Goodluck
Jonathan “lied to Ndigbo about awarding
contract for the construction of Second
Niger Bridge”. My fear is that these
statements could derail the bridge project
rather than enhance it. An attempt to
establish the truth led me to investigate the
bridge project.
The truth is that the bridge does not serve
the South-East more than it serves the
South-South and South-West that have
direct link to it. I am afraid that if this
bridge is branded an Igbo project, it would
be treated like everything belonging to the
Igbo. The bridge should be left to the Federal
Government and the international investors
to realise the project.
The first Onitsha-Asaba Niger Bridge was
completed in December 1965. Built by the
French construction giant Dumez, the
bridge linked the defunct Eastern and
Western regions of Nigeria. Today, it is the
major corridor of trade between the South-
East, South-South, South-West and North-
Central zones. At the time the bridge was
conceived, Nigeria was mainly an agrarian
economy. Thus, the bridge served as the
avenue for transporting different
agricultural products – palm produce,
timber, rubber, etc. Prior to the
construction of the bridge, these
commodities were ferried across the River
Niger between Onitsha and Asaba using
canoes.
Owing to rapid economic development and
population growth, pressure began to mount
on the bridge, especially during festive
periods. The bridge has been overstretched
beyond its capacity. There is apprehension
that the bridge might collapse with
catastrophic consequences to lives and
property. To forestall such disaster, the idea
of a Second Niger Bridge was conceived.
The Second Niger Bridge was on the
drawing board for many decades. Successive
administrations in the country paid lip
service to its construction. It was President
Goodluck Jonathan that flagged off the
construction of the bridge and actual work
started. To that extent, it is wrong to accuse
Jonathan of lying to Ndigbo about the
bridge. Jonathan thought that he would win
a second term during which he could
complete the bridge. But he lost the
election. The history of the bridge cannot be
written without mentioning him.
The truth is that work has commenced on
the Second Niger Bridge and is progressing.
The project, which is divided into three
phases, will bypass Onitsha and Asaba to
connect the Owerri-Onitsha Expressway at
Nkwerre-Ezunaka, and then cross Atani to
the Asaba-Benin Expressway at Okpanam
with a total length of 44 kilometres. With
this length, the Second Niger Bridge will
surpass the world’s longest bridge in China
(42.4km), to become the world’s longest
bridge!
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 $247,586 on due diligence to
determine project viability. The first-class
advisory services are required to enable the
project reach financial close – the point at
which private capital is successfully raised.
Based on reliable information, work has not
stopped on the bridge. It could be said that
work has slowed down because of the rainy
season that naturally stalls engineering
construction work. Preliminary physical
works have been completed. By December
2015, the final phase of the early works
will be completed. The Environmental and
Social Impact Assessment (ESIA) is being
done to meet the highest international
standards to make the project eligible for
long-term financing by local and
international financial institutions. The
Infrastructure Concession Regulatory
Commission (ICRC) is reviewing the Full
Business Case (FBC) and Draft Concession
Agreement (CA). Once the ICRC approves the
FBC, the CA will be signed and the
Consortium will then raise the remainder of
the project capital.
President Buhari has stopped work on the
project. It is in the country’s interest to
hold onto this project because any review
will definitely raise the cost owing to the
depreciation of the naira. The cost of the
project was reached at the exchange of
N154/$. Now the naira exchanges at N197/$.
I can appreciate that Nigerians want to see
a second bridge across the River Niger.
People should calm down. The bridge project
has a development and completion time-
frame four years from financial close –
point at which private capital is successfully
raised. This point has not reached, meaning
that count down for the bridge is yet to
start. |
etisong:Yes. Got mine for Msc |
As if they did not promise to deregulate. These guys are not ready to implement PIB. why spend money on drone when u are planning to privatize. |
So the PIB is gone for ever. Sorri Nigeria |
During GEJ era the APC told us that Aso Rock has up to 60 aircraft suddenly it is now 10. If Obama travels with 2 aircraft, does it mean the white house has just 2? Propaganda every time. |
xcolanto:Why will you say such a thing as the ss and se people not expecting much from this govt. They voted their choice. That does not mean who ever wins will not carry them a long, coupled with the fact that the area feeds the nation. If u does not perform in the niger delta, there will definitely be problem. |
Can some one tell me the offence Ita Ekpenyong committed? Refusing to diclose sensitive infor to the APC like the military and Police did or for being loyal to the presodent of the federal republic of Nigeria? |
Please o, does the bible allow kissing after engagement (i.e before marriage proper)? |
royaldonny:This will replicate itself in Rivers State by the time the so called tribunal case is dead and buried. Some people want to dictate for rivers people from Abuja and Lagos. |
That man did not tell us how Abacha and co gave oil wells freely to some emirs and other northerners, giving them hundreds of bollions. |
lilcashking:I dnt think this folk knows any thing about Ibo. Head of DSS is not from Ibo Meanwhile constitution mandates the president to make sure every state is represented at ministerial level. I expected to see five Ibo ministers in ur post. You did not deem necessary to tell positions that went to the north such, NSA, COS, Defence, NNPC, POLICE, EDUCATION, TRANSPORT, and. even the CBN u ar talking about. just to mention a few. Ignuramus |
This is the mastet sleep
|
This one na master sleep
|
Immediate past Education Minister Ibrahim is currently in PH attending a political meeting ahead of 2019 |
Trekking is now an occupation in nigeria |
xpac01:You guys are gradually turning nairaland into a gossip point |
