Timefarm's Posts
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BbqTormentor:The guy has changed lately Keep the good work up. Foolishness flourish when right thinking men keep quiet. When his foolishness was exposed, he has started posting about football and general things lately even creating topics that reached front page. It is good work by reasonable number of us here. |
Kestolove:Your head is simply not correct. |
We Thank God |
Asgard73:Just shout up your mouth. Just as Ebonyi Governor is a typical ibo man betraying the whole south for personal ambition. |
FreeIgboho:With the way things are going, i dont see it not getting there. |
We are getting there gradually |
Chinese construction company, China Civil Engineering Construction Corporation (CCECC) has stopped work at the international terminal of the nation’s gateway, Murtala Muhammed Airport (MMIA), Lagos over the plan by the federal government to concession the facility and others in three major airports. According to the contractor, the concession plan conflicts with the initial agreement that led to Chinese Exim bank loan used to construct the terminal and the ones in Kano, Abuja and Port Harcourt airports. It was learnt that CCECC had to abandon the project at advanced because the initial agreement indicated that after building the facility and three others at the major airports, the company would recoup its investment by operating the terminal for a given period of time, but now that agreement seemed to be in jeopardy as the federal government is advanced stage of concession the Lagos, Abuja, Kano and Port Harcourt airport terminals. It was gathered that CCECC is being owed by the federal government for a contract, which started off from $500 million Chinese loan and $100 million counterpart funding to about $1 billion, which government hopes would be defrayed by the company’s management of the terminals for a given period of time. The company had sought a meeting with the Minister of Aviation, Hadi Sirika to clarify the conflicting areas in government’s later decision to concession the facilities and the agreement it entered with the government in 2013 for the construction of four airport terminals, especially on the recoup of its investment in the facilities. The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Captain Rabiu Yadudu announced earlier in the year that the new terminal at the Lagos international airport would go on stream before the end of the first quarter of 2021, after it failed to be operational in December last year but due to slow work and eventual withdrawal of construction by CCECC, the terminal is yet to be completed. The terminals at the Abuja, Kano and Port Harcourt airports have started operation but the Lagos facilities, which is expected to process about 15 million passengers per annum is yet to be completed. FAAN generates 60 per cent of its monthly revenue from the Lagos airport alone and the plan to concession the airport despite opposition from stakeholders and labour worry the management of CCECC. “Not only that the debt had risen from the initial $500 million loan to about $1 billion, but government seemed to be contradicting itself because the principle of the agreement is like concession. CCECC and government agreed that the company would have a firm order to receive a particular amount of money every month from the revenues of the terminal to a dedicated account. Although it is a loan repayment but it is like concession,” Aba told THISDAY. Informed source also told THISDAY, “Although government still owes the contractor some amount of money as spelt out in the contractual term, but the company is more worried about the insistence of the government to concession some of the airports, especially the Lagos airport terminal. The company is not convinced that it would get back its investment once it is concessioned to a concessionaire. So, it is bothered about this. The company had sought a meeting with the Minister, but I’m not sure if anything tangible has come out of it,” the source said. When contacted, the General Manager, Public Affairs, FAAN, Mrs. Henrietta Yakubu told THISDAY that she was yet to confirm if the Chinese company has stopped work. CCECC had commenced construction of four new terminals at Lagos, Abuja, Kano and Port Harcourt airports in 2013 with completion period fixed for 20 months. https://www.thisdaylive.com/ Lalasticlala |
MrBrownJay1:The person you are chatting with kobojunkie is a ladies. Her response is always skewed in that direction. |
Affliction must not arise the second time. It is high time we rose tonthe occasion especially Christians. God deal with our mumu so called Christian leaders in this government that want to be in the good books of the oppressor rather rise and defend their brothers. |
Abeg ooo. Let it end like this ooo |
Beloved3:Very sound. |
I thought business with a woman is the safest until I sold some smart devices to a woman. She wanted to buy more but told me she didnot have the complete money at hand as it wasn't planned for. I look at her that she stays in one estate, drives a normal car that she will be responsible and gave her. Till now, I haven't received my payment. I received a small fraction after a series of calls and messages. Now, the remaining amount is gone. |
Nairobi33:No, you are the one irrational. He has left office how many years now. Picking on him a fay after some declarations should signify to you that it wasn't about corruption he was being after. If he abandon the movement, the case gets forgottwn again. Then they succeed in playing you fool. Think before making any illogical statement. They are not as dumb as you. |
He joined a grouo against the present evik administration, immediately his debt was remembered. What happen all this while? Crazy government |
FutureIsFemale:Shut up your mouth there. Jobless female. |
FutureIsFemale:Shut up your mouth there |
sylgreat:That's great |
oilmonie:Recently. You? |
oilmonie:I didnot apply for the maintenance technician? Which Engineering discipline is yours? |
oilmonie:Do you work there or was just invited? |
ChiefSosa:It is even wicked to still prosecute them in the process again. |
Kobojunkie:May be for you |
Kobojunkie:Your highly biased analysis is what they use to run a business? You will run a business down if you are given the opportunity. Trust me you are not a man even if you fill 'MALE' in a form. |
Kobojunkie:You must be a lady eith this your advice. |
I agree with igbokwe on this |
It cant be well with your lieing mouth |
[quote author= post=105884122]FIFA loves Sai Baba. Children of hate, frustrations and perdition in severe pains. You will see such frustrated and miserable souls start quoting this post in 3, 2, 1 seconds now. God bless our Darling Daddy. God bless FIFA. God bless Aisha Buhari. God bless Aisha Cup. Go's bless all good, honest and hardworking Nigerians. God bless Nigeria.[/quote]I have been wondering where you have been since. This space has been sensible since. Please behave. |
A bastard indeed |
All this people being scammed with farm stuffs have definitely never been to farm before. I see alot of it these days claiming mouth watering reward for the farm scheme. Farming or agricultural products are not high end products like that and it requires significant input. Consequently the margin is not that wide except probably you are exporting it. Since the companies are into business themselves, to make their own money and pay investors the amount promised will be close to impossibility. Many of them will not even have a farm or a very small one to convince simpletons. They only rely on buying products and selling it. |
Ibkhaleel001:The VAT issue really pain you just like anti open grazing pained garba Shehu. Deal with it. Go and work |
