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Nigeria Hope For Railway Resurrection- Washington Post - Politics (4) - Nairaland

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Re: Nigeria Hope For Railway Resurrection- Washington Post by Nobody: 12:05am On Mar 31, 2013
thelastPope:

You are getting things mixed up. Rail tracks takes years to build not months. America has been developing their rail system for like centuries. What the FG is doing is simple. short term and long term strategy. The short term strategy is clearly to get the tracks already on the ground working again. Then add some coaches to make is better. The long term is to build new standard tracks. It is a simple strategy and is the right thing to do. It will make no sense to abandon the current tracks and start to build new tracks that will take years to build. Lagos-Kano standard gauge project is ongoing with its first phase, Lagos Ibadan standard gauge, already in progress. The feasibility studies for five new electric tracks has started and is expected to be concluded in July. Then work will start. Dont forget these projects cost a lot of money and it isnt easy to source funds for it. It is not beans
Indeed, they are actually replacing the old tracks as most of them are no longer in good condition to support heavy coaches for any period of time. Mind you the images coming on-line have proven the tracks are removed from the former lines and replaced with new ones of the same narrow gauge and in few case standard gauge.

I quite agree with you it is an intensive project but we have a lot to catch up with. Instead of spending the huge budget on acquiring those old cranky coaches why not purchase new ones which would stand the test of time. Replacing the system with old ones simply means in a long term they are likely going to cost us much to do than implementing new technology that will cost us much a the short run buy relatively cheap at the long run. Before we know it the trains will be falling apart and return back to the present situation of things. However, I hope the maintenance is taken with utmost responsibility, to meet up with the time yet I doubt about the way Nigerians access facilities will make the project last the time it is meant to be.

We don't need simple strategy, I am tired of the word SIMPLE, it hasn't done us any good. But, we need a functional and effective strategy that will pay off for the future generation. At the long run this simple strategy will cost us much to the detriment of the future plan. The money that could have been channelled to other parts of the economy in the future could have been avoid if done at this point in time. It would have been nice if the government source for foreign investment for this sector rather than engaging in it all alone. It is time we start removing the government hands from things like public transportation,electricity,water utility,etc( as it has not be effective in those areas) and the only things they should do is playing their part to regulate it for the benefit of the ordinary citizen(it could be in form of fairly subsidizing them) and functionally provide encourage for the investor to strive better in the Nigerian environment.

The feasibility study doesn't require much braining thing for us to know that the railway system will be very beneficial to the people as the road is heavily congested. So, it is possible the railway system will yield profit if fast electric trains are introduced and the coaches are in good condition. I am tired of a country like Nigeria always going for the worst. In fact it doesn't tell well of us as people who are ready for the future. The huge money spent on the Nigerian railway system is laughable sometimes when you look at what is provided with the least quality.

The first project that was awarded to the Chinese construction company was well aforementioned ones are equivalent to what a modern standard railway line will gulp in a developed societies, leaving out the logistical side of it. It is surprising to see we dish out this huge amount money without taking into consideration the quality of the projects. This is something I still can't grapple with about the infrastructural projects in Nigeria. We spend huge money on them yet with the least quality and standard.

Mind you it is what we do now that will determine where our proprietaries will continue from, yet we are only concerned about the immediate things.
Re: Nigeria Hope For Railway Resurrection- Washington Post by manny4life(m): 12:34am On Mar 31, 2013
Some people argue for the sake of arguing, like seriously, a govt who recently increased her budget size from $25billion to $31billion this year is to undertake billion of $$$ in debt to finance a rail system that we aren't sure will pay itself? Smh once again, if people understand that rail doesn't come cheap and mos government subsidize their railways, while some don't ever make profits so what's the use of undertaking debts that won't yield financial benefits?

Now before some make the arguments of "economic benefit", while this is very important, we can only undertake something that isn't a liability to our economy. Here is what the WBG said in 2007

In 2007, the World Bank estimated that fixing the existing narrow-gauge lines could see rail freight jump to 4.6 million tons within four years and passenger numbers to 10 million

So imagine where if this was possible in 07, by now, GEJ and his crew would be upgrading the entire system, YET, even at that, this rail moves tens of thousands of people and several tons of goods daily, so what's the fuss?
Re: Nigeria Hope For Railway Resurrection- Washington Post by Nobody: 12:36am On Mar 31, 2013
manny4life: Some people argue for the sake of arguing, like seriously, a govt who recently increased her budget size from $25billion to $31billion this year is to undertake billion of $$$ in debt to finance a rail system that we aren't sure will pay itself? Smh once again, if people understand that rail doesn't come cheap and mos government subsidize their railways, while some don't ever make profits so what's the use of undertaking debts that won't yield financial benefits?

Now before some make the arguments of "economic benefit", while this is very important, we can only undertake something that isn't a liability to our economy. Here is what the WBG said in 2007



So imagine where if this was possible in 07, by now, GEJ and his crew would be upgrading the entire system, YET, even at that, this rail moves tens of thousands of people and several tons of goods daily, so what's the fuss?

God bless Nigeria, our home sweet home.

Our fidelity to Nigeria should be stronger than that of Fidelity Bank. cool
Re: Nigeria Hope For Railway Resurrection- Washington Post by Nobody: 12:40am On Mar 31, 2013
manny4life: Some people argue for the sake of arguing, like seriously, a govt who recently increased her budget size from $25billion to $31billion this year is to undertake billion of $$$ in debt to finance a rail system that we aren't sure will pay itself? Smh once again, if people understand that rail doesn't come cheap and mos government subsidize their railways, while some don't ever make profits so what's the use of undertaking debts that won't yield financial benefits?

Now before some make the arguments of "economic benefit", while this is very important, we can only undertake something that isn't a liability to our economy. Here is what the WBG said in 2007



So imagine where if this was possible in 07, by now, GEJ and his crew would be upgrading the entire system, YET, even at that, this rail moves tens of thousands of people and several tons of goods daily, so what's the fuss?
The truth is that it is not only Nigeria railway system is operated. Why is it that Nigerian situation is always different when even smaller nations can effectively manage a modern railway system yet Nigeria can't? I get infuriated when people give excuses for our inability to make things work. Sometimes our attempt yield nothing that provide us with debt without seeing much of what the money and the debt own are of use for. It is better we start taking a stride than keep banking on petty projects and less accomplishing works that cannot sustain the population. In this present dispensation there is need to start thinking big.

Many nations are doing it. Why can't we? The fuss is that it could have been better!

Video of Nigerian railway below:



https://www.youtube.com/watch?v=jivXfkh1skc
Re: Nigeria Hope For Railway Resurrection- Washington Post by nduchucks: 1:41am On Mar 31, 2013
Yet in an age of high-speed rail, where travel at more than 124 mph is normal, the train to Kano chugs along at 31 mph. That this is celebrated as progress in Nigeria illustrates not only the state of the railways but also the difficulty of effecting real reform in the opaque, state-run sectors of the economy.

@bolded: There is nothing to celebrate here.
Re: Nigeria Hope For Railway Resurrection- Washington Post by Venchy: 1:49am On Mar 31, 2013
take dat: We are surely getting there! Apart from government completing the on-going rail projects, there is the need to address the lack of maintenance on existing infrastructure and rolling stock, and also improving on service delivery! We will get there!

Getting where and at what time, after Hundred years the Colonial Masters have laid the foundation?

You might not realize where a country like Nigeria should in this day and age, I know where we are suppose to be, the close to European countries or South Africa, where Nation Building is their number one Priority rather than pussyfooting around and Celebrating mediocrity.

Nigerian Leaders lack focus and Good quality of life for their people but cares about squandering lots of opportunity.

Lack of Electricity, i just can't understand what's going on in our leaders mind, share cruelty and absolute madness.

It's a shame that lots of Nigerians do not know what they deserve, as well as good quality of life, that's the reason why little thing looks like a big deal in their eyes.
Re: Nigeria Hope For Railway Resurrection- Washington Post by COMPAQ(m): 5:23am On Mar 31, 2013
Govt should focus on building the rail infrastrucutre and allow for private companies to run their trains, the same way govt own the airports and private airlines use them. The rail sector needs to be revitalised for the overall good of the country. It's always sickening everytime you go to europe and travel by train (almost as comfortably as we fly in Nigeria), to think why we cant have the same in Nigeria.

1 Like

Re: Nigeria Hope For Railway Resurrection- Washington Post by Nobody: 5:46am On Mar 31, 2013
thelastPope:

Please help me remind him that GEJ is doing this in the midst of continuous Boko Haram bombing and political chaos all around.

True..... and in the midst of $30,000/day meals, $3million Cutleries, $5million newspapers, N4billion for his wife's mission house, N16billion for his V.Ps house, N10billion for Abuja's gate... and so on and so forth.
Re: Nigeria Hope For Railway Resurrection- Washington Post by Nobody: 5:59am On Mar 31, 2013
thelastPope:

This is from a google so you can do it yourself:

According to the Amtrak website, they have a train from Los Angeles to Austin, Texas (Train 422, Texas Eagle). The train leaves at 2:30pm local time from Los Angeles, and Arrives in Austin, at 9:31am CT in Ausitn, Texas, 2 days later. ChaCha!

http://www.chacha.com/question/how-long-would-it-take-to-travel-in-train-from-california-to-texas


Youre really a dunce arent you?

There are 50 States in the U.S. Of these 48 are on the mainland.

Los Angeles is in California. Nigeria is slightly more than twice the size of California. Or, the size of California, Nevada, and Arizona combined (50-3 states)

Austin (as you stated above) is in Texas. Texas is almost as big as the whole of Nigeria. Nigeria is just slightly bigger.

California is on the West Coast of the U.S. , Texas is on the Southern Part of the U.S.

When the train travels from California to Texas its route goes through any of 11 states ALL OF WHICH ARE ALMOST MORE THAN HALF AS BIG AS NIGERIA!!!

If California and Texas were in Nigeria, and people were to use these trains youre hailing, the journey would take nothing less that 3-4 weeks.

Dude your a mo.ron.
Re: Nigeria Hope For Railway Resurrection- Washington Post by Nobody: 6:03am On Mar 31, 2013
Venchy:

Getting where and at what time, after Hundred years the Colonial Masters have laid the foundation?

You might not realize where a country like Nigeria should in this day and age, I know where we are suppose to be, the close to European countries or South Africa, where Nation Building is their number one Priority rather than pussyfooting around and Celebrating mediocrity.

Nigerian Leaders lack focus and Good quality of life for their people but cares about squandering lots of opportunity.

Lack of Electricity, i just can't understand what's going on in our leaders mind, share cruelty and absolute madness.

It's a shame that lots of Nigerians do not know what they deserve, as well as good quality of life, that's the reason why little thing looks like a big deal in their eyes.
Its so sad they dont know how theyre supposed to be treated.
Re: Nigeria Hope For Railway Resurrection- Washington Post by iykak47: 7:04am On Mar 31, 2013
manny4life: Some people argue for the sake of arguing, like seriously, a govt who recently increased her budget size from $25billion to $31billion this year is to undertake billion of $$$ in debt to finance a rail system that we aren't sure will pay itself? Smh once again, if people understand that rail doesn't come cheap and mos government subsidize their railways, while some don't ever make profits so what's the use of undertaking debts that won't yield financial benefits?

Now before some make the arguments of "economic benefit", while this is very important, we can only undertake something that isn't a liability to our economy. Here is what the WBG said in 2007



So imagine where if this was possible in 07, by now, GEJ and his crew would be upgrading the entire system, YET, even at that, this rail moves tens of thousands of people and several tons of goods daily, so what's the fuss?
Bros the thing tire me no be small
Re: Nigeria Hope For Railway Resurrection- Washington Post by calcal: 7:11am On Mar 31, 2013
"Their mission began with a late-night launch from the Russian-leased Baikonur launch pad in Kazakhstan.

It was the first time a space crew has taken such a direct route to the orbiting lab. Cassidy, Vinogradov and Misurkin are the first crew to reach the station after only four orbits instead of the standard 50-hour flight to reach the station.

The new maneuver was tested successfully by three Russian Progress cargo ships, unmanned versions of the Soyuz used to ferry supplies to the space station. Russian cosmonauts have described the two-day approach maneuver in the cramped Soyuz as one of the most grueling parts of missions.

Vinogradov said at a pre-launch news conference that the shorter flight path would reduce the crew’s fatigue and allow the astronauts to be in top shape for the docking."

Yes, it took them 53 years to reduce the traveling time from 50 hrs to 6 hrs, one should wounder how long is going to take us to electrify this country.
Re: Nigeria Hope For Railway Resurrection- Washington Post by ayox2003: 8:10am On Mar 31, 2013
Funny how folks are quick to post Western reports and prints when they report about the development going on in the country but get bashed when they report on the massive corruption in this administration. Very comical!

For the records, GEJ will not be forgotten for these two achievements,
1) Electoral reforms
2) Transportation (rail and roads).

But if corruption still lurks in his loins like we have it now, it won't take a year before these good achievements get drained to the dregs.


Frawzey.
Re: Nigeria Hope For Railway Resurrection- Washington Post by Nobody: 8:41am On Mar 31, 2013
ayox2003: Funny how folks are quick to post Western reports and prints when they report about the development going on in the country but get bashed when they report on the massive corruption in this administration. Very comical!

For the records, GEJ will not be forgotten for these two achievements,
1) Electoral reforms
2) Transportation (rail and roads).
3) And electricity too (if he can finish it)

But if corruption still lurks in his loins like we have it now, it won't take a year before these good achievements get drained to the dregs.


Frawzey.
Re: Nigeria Hope For Railway Resurrection- Washington Post by ayox2003: 8:48am On Mar 31, 2013
^^ Okay.
Re: Nigeria Hope For Railway Resurrection- Washington Post by Nobody: 9:06am On Mar 31, 2013
This is lovely. I just hope my oga goodluck will fix power before 2015.
Re: Nigeria Hope For Railway Resurrection- Washington Post by phantom(m): 10:24am On Mar 31, 2013
occam:

Such comparison highlights the disconnect between our leaders and people; not about GEJ only. Fixing the rail system has been a mantra repeated In the past and nothing meaningful has been done

Fixing the trains on one route without new tracks will not cut it. A specific mandate must guide investment decisions. For instance reducing the travel time from Lagos to Kano must be the goal. And based on this goal govt can set aside budget to achieve it. Given the potential to increase ridership and economic activity, this is a worthwhile investment

Piecemeal investments like this will not work and transform nothing
please how do you propose to do the bolded?
Re: Nigeria Hope For Railway Resurrection- Washington Post by DaLover(m): 11:01am On Mar 31, 2013
Omo_Tier1: This is like a man who has money to build a modern concrete house yet is celebrating living in a mud house as a life achievement lipsrsealed How come when they want to do anything for themselves, they go for the world's best, yet when it's time to do anything for the Nigerian masses, they put up a mediocre!

Nigerians deserve a modern and functional railway services and what this government is giving us is no where near good enough! We have the money and men to have a modern and effective rail service all across the country, sadly we lack a leader who can think into the future.

Lets stop celebrating mediocrity and demand for the world's best. We have the money, people and resources to have them in Nigeria. Yes, He may have tried in reviving Lagos-Kano rails, but lets us as a people collectively tell Him, GEJ that we are not celebrating because the allege investment does not commensurate with what is on ground hence we DEMAND a Nigeria standard railway services.

Let anyone not be deceived, if the Lagos-Kano railway service was anything to rejoice about, people will not have been sleeping in MMIA over the mad Easter rush as many would have opted to use the rail service.

GEJ has made a start, but it is not good enough and He needs to up the game and deliver big time. This is about Improving Nigerian lives and no politics should come into play in doing so.
Exactly how much do u think we have? Have u ever sat down to do a rough estimate of what comes in to government coffers vs what projects need money?
If you have lets see ur calculations to show we have so much money to deliver the projects of ur dreams, if you do not come of with proves that government has the excess money u r claiming, stop yapping

1 Like

Re: Nigeria Hope For Railway Resurrection- Washington Post by DaLover(m): 11:33am On Mar 31, 2013
A simple search on google "cost of building a railway line"
www.google.com/m?q=cost+of+building+a+railway+line&client=ms-opera-mini-iphone&channel=new
You would see the kind of figures that go into building a rail line
Fr instance see the link
www.chinaafricarealstory.com/2010/08/real-cost-of-chinese-railway.html?m=1
The cost of a double track standard gauge from lagos to Kano is $8.3b...
The FG shares of annual revenues is a little over $30b a year...

So where is the plenty money we have? Dumb human beings
Re: Nigeria Hope For Railway Resurrection- Washington Post by Nobody: 11:40am On Mar 31, 2013
DaLover:
Exactly how much do u think we have? Have u ever sat down to do a rough estimate of what comes in to government coffers vs what projects need money?
If you have lets see ur calculations to show we have so much money to deliver the projects of ur dreams, if you do not come of with proves that government has the excess money u r claiming, stop yapping

As President, When you dont have money, you set up projects that'll bring in the much needed cash, not steal what your predecessor left behind ($65Billion) or start surrounding yourself with thieves, eating $30,000/day meals while 85%+ of the population starve, or wasting money on white-elephant projects like giving your wife N4billion Naira to play with. What has GEJ done to ensure Nigeria earns more money and that whatever comes into government coffers is managed prudently and not stolen away?

P.S: By the way its "Proofs" not "proves", but you wouldnt know that because your govt refused to invest majorly in education.
Re: Nigeria Hope For Railway Resurrection- Washington Post by DaLover(m): 12:19pm On Mar 31, 2013
kingoflag:

As President, When you dont have money, you set up projects that'll bring in the much needed cash, not steal what your predecessor left behind ($65Billion) or start surrounding yourself with thieves, eating $30,000/day meals while 85%+ of the population starve, or wasting money on white-elephant projects like giving your wife N4billion Naira to play with. What has GEJ done to ensure Nigeria earns more money and that whatever comes into government coffers is managed prudently and not stolen away?

P.S: By the way its "Proofs" not "proves", but you wouldnt know that because your govt refused to invest majorly in education.

So u agree that there isn't enuf money to build all the several world class projects f our dreams? Good to know...
While ignoring ur wild and unsubstantiated allegations, I would like to let you know that the issue of wealth generation should fall squarely into the arms of state governments...FG has its own share by building federal infrastructure, but what has ur state government done...oh...they are waiting for federal allocation
Re: Nigeria Hope For Railway Resurrection- Washington Post by Nobody: 6:00pm On Mar 31, 2013
DaLover:
Exactly how much do u think we have? Have u ever sat down to do a rough estimate of what comes in to government coffers vs what projects need money?
If you have lets see ur calculations to show we have so much money to deliver the projects of ur dreams, if you do not come of with proves that government has the excess money u r claiming, stop yapping
The truth is that Nigeria has the money. The NASS and co are embezzling it to the detriment of the nation and people. It is sad somebody like you, as a citizen is claiming there is no money fix modern railway line for the country. Indeed, it is surprising the amount that has been put into the project without good work coming out of it. That same amount can fix a better modern railway system in developed countries.

I keep laughing at some Nigeria who are just hell bent on refusing to accept to know their rights. That is the most painful aspect of it all. 16 billion dollars spent of power in the past without nothing to show for it(you would say there is no money in the country),etc. Try to google on how much developed countries spent on modern projects, it just as per with the one we spend on shiits in the country. We aren't getting any good returns from all these shity projects and that is a sad thing.
Re: Nigeria Hope For Railway Resurrection- Washington Post by DaLover(m): 8:21pm On Mar 31, 2013
all4naija: The truth is that Nigeria has the money. The NASS and co are embezzling it to the detriment of the nation and people. It is sad somebody like you, as a citizen is claiming there is no money fix modern railway line for the country. Indeed, it is surprising the amount that has been put into the project without good work coming out of it. That same amount can fix a better modern railway system in developed countries.

I keep laughing at some Nigeria who are just hell bent on refusing to accept to know their rights. That is the most painful aspect of it all. 16 billion dollars spent of power in the past without nothing to show for it(you would say there is no money in the country),etc. Try to google on how much developed countries spent on modern projects, it just as per with the one we spend on shiits in the country. We aren't getting any good returns from all these shity projects and that is a sad thing.
And I ask again,exactly how much does nigeria earn, how much is the project cost? How much do similar projects cost in other countries? If u do not know the answers to these questions, u simply ask, not to run ur mouth...it's embarrassing

1 Like

Re: Nigeria Hope For Railway Resurrection- Washington Post by manny4life(m): 11:43pm On Mar 31, 2013
all4naija: The truth is that it is not only Nigeria railway system is operated. Why is it that Nigerian situation is always different when even smaller nations can effectively manage a modern railway system yet Nigeria can't? I get infuriated when people give excuses for our inability to make things work. Sometimes our attempt yield nothing that provide us with debt without seeing much of what the money and the debt own are of use for. It is better we start taking a stride than keep banking on petty projects and less accomplishing works that cannot sustain the population. In this present dispensation there is need to start thinking big.

Many nations are doing it. Why can't we? The fuss is that it could have been better!

Video of Nigerian railway below:



https://www.youtube.com/watch?v=jivXfkh1skc

Bros, you're making an entire different argument from my POV, building an infrastructure is already a major hurdle, managing it for efficiency is another. While I agree with you that maintenance is a serious menace in Nigeria, nonetheless, I will STOP short of calling your "we have to think big" an illusion. There's nothing wrong in thinking big, neither is there's anything wrong in holding the government accountable, nor is it wrong to expect more, however, dreams only become reality when you put it to work. Right now, Nigeria LACKS the financial and technical resources to construct railways as the magnitude "thinking big", like I stated, Nigerian Budget is a meager $31billion with about 21% of it financed through debt.

Secondly, Nigeria using about $153million to resuscitate it's railways extending up to 700miles of rail is not surprising, in fact, I call it judicious use. That's an average of $255,000 per mile including the refurbished locos they brought in as well as other expense factored in. So if you honestly believe that money do grow on trees, sorry bro, it does not.

Like I said, when the groundwork is laid, with time, we'll get there. Billions of $$$ railway though needed but not required and need I say it isn't affordable using our current financial and economic outlook. So please, let's shelve this idea and improve on what we got, with time, we'll get there.

1 Like

Re: Nigeria Hope For Railway Resurrection- Washington Post by redsun(m): 11:58pm On Mar 31, 2013
grin grin grin

"In jesus name,we are going"

Africans.
Re: Nigeria Hope For Railway Resurrection- Washington Post by DaLover(m): 12:15am On Apr 01, 2013
manny4life:

Bros, you're making an entire different argument from my POV, building an infrastructure is already a major hurdle, managing it for efficiency is another. While I agree with you that maintenance is a serious menace in Nigeria, nonetheless, I will STOP short of calling your "we have to think big" an illusion. There's nothing wrong in thinking big, neither is there's anything wrong in holding the government accountable, nor is it wrong to expect more, however, dreams only become reality when you put it to work. Right now, Nigeria LACKS the financial and technical resources to construct railways as the magnitude "thinking big", like I stated, Nigerian Budget is a meager $31billion with about 21% of it financed through debt.

Secondly, Nigeria using about $153million to resuscitate it's railways extending up to 700miles of rail is not surprising, in fact, I call it judicious use. That's an average of $255,000 per mile including the refurbished locos they brought in as well as other expense factored in. So if you honestly believe that money do grow on trees, sorry bro, it does not.

Like I said, when the groundwork is laid, with time, we'll get there. Billions of $$$ railway though needed but not required and need I say it isn't affordable using our current financial and economic outlook. So please, let's shelve this idea and improve on what we got, with time, we'll get there.

Mr. All4naija and his sorts come here to lay claims without any basis, ask them to provide a little sound backing to their claims and they take off
Re: Nigeria Hope For Railway Resurrection- Washington Post by absas(m): 12:37am On Apr 01, 2013
Nigeria has beyound $40 billion in its foreign reserve. $9 billion in excess crude acct.More than #3 trillion generated annually by FIRS and other Govt agencies. Cash investment frm nigerians abroad. We also ve access to foreign loans from global banks as was done in d aviation sector. Repatriation of all stolen monies oversea et al . what this country requries is an aggressive leader, a patriot , zero tolerence for corruption. All projects in my opinion are achivealable within a relatively short distance. I so submit
Re: Nigeria Hope For Railway Resurrection- Washington Post by DaLover(m): 8:22am On Apr 01, 2013
absa$:
Nigeria has beyound $40 billion in its foreign reserve. $9 billion in excess crude acct.More than #3 trillion generated annually by FIRS and other Govt agencies. Cash investment frm nigerians abroad. We also ve access to foreign loans from global banks as was done in d aviation sector. Repatriation of all stolen monies oversea et al . what this country requries is an aggressive leader, a patriot , zero tolerence for corruption. All projects in my opinion are achivealable within a relatively short distance. I so submit

Short distance indeed, like 2 years abi, I honestly think that is delusional, these monies u mention are drops of water in the sea compared to the projects we are carrying.
Ok, ur 3 trillion Naira internal revenue is just $20million dollars...better to work in dollars so that people are not deceived by huge figures...
From the annual revenues of $31billion about 60-70% goes into recurrent expenditure.....don't forget hat in the last few years salaries of everybody were increased, this leaves about $10billion or so for capital expenditure,
Capital expenditure like east west road about $4b
Lagos Ibadan road about $1b
Lagos Kano rail line about $8b
I would assume that ph maidugri line would also be about $8b
Then lagos calabar line , maybe about $8b
Abuja kaduna line, lets assume $2b..

These is just 7 projects planned that would take about $30b, the FG has numerous other roads to build, schools to build, sea ports ongoing, rails lines not mentioned, dams, airports, power plants, and so on and so fort,

My figures might not be exactly spot on right, but it gives you the ideas that gej is trying with all he has achieved in just 2 years....the idea of unlimited source of FG funds needs to be crushed once and for all

2 Likes

Re: Nigeria Hope For Railway Resurrection- Washington Post by absas(m): 1:04pm On Apr 01, 2013
@DALOVER, i may not want to engage in fierce argument nor am i disputing d fact that gej is attempting to do well. if gej will stay for 6yrs in power or more and be able to deliver on key projects like electricity, speed train across the length/breath of d country, health care. i ve a strong feeling that d economy will thrive including other minor projects u mentioned.Nigeria got want it takes to rub shoulders with some of these eauropean counries in terms of development. Remeber that they dont even ve oil, they only use tax payers money to build there infrastructure. like i said before attittude counts alot.
Re: Nigeria Hope For Railway Resurrection- Washington Post by Nobody: 4:52pm On Apr 01, 2013
[quote author=DaLover]

So u agree that there isn't enuf money to build all the several world class projects f our dreams? Good to know...
/quote]

Thats what you understood from my statement? smh Cow, how did you learn how to talk?
Re: Nigeria Hope For Railway Resurrection- Washington Post by occam(m): 5:31pm On Apr 01, 2013
DaLover:

Short distance indeed, like 2 years abi, I honestly think that is delusional, these monies u mention are drops of water in the sea compared to the projects we are carrying.
Ok, ur 3 trillion Naira internal revenue is just $20million dollars...better to work in dollars so that people are not deceived by huge figures...
From the annual revenues of $31billion about 60-70% goes into recurrent expenditure.....don't forget hat in the last few years salaries of everybody were increased, this leaves about $10billion or so for capital expenditure,
Capital expenditure like east west road about $4b
Lagos Ibadan road about $1b
Lagos Kano rail line about $8b
I would assume that ph maidugri line would also be about $8b
Then lagos calabar line , maybe about $8b
Abuja kaduna line, lets assume $2b..

These is just 7 projects planned that would take about $30b, the FG has numerous other roads to build, schools to build, sea ports ongoing, rails lines not mentioned, dams, airports, power plants, and so on and so fort,

My figures might not be exactly spot on right, but it gives you the ideas that gej is trying with all he has achieved in just 2 years....the idea of unlimited source of FG funds needs to be crushed once and for all

Spread over 5 yrs, that is $6 billion per year on infrastructure development. You tell me that's money Nigeria can't afford? Every country, even the richest have competing needs for development projects. Still, the works get done and citizens' life are better. Not in our case. We are still stuck in the bottom wrung of the development ladder.

Our story is not lack of funds but the cancerous effects of corruption. This govt is behaving exactly same way as previous administrations. Spending meager funds to upgrade a derelict rail system is no recipe for sustained development. This is "show and tell". During 2015 campaign Jonathan will now tout the Lagos - Kano rail project as key achievement.

Years of mismanagement in Nigeria has resulted in us playing catch up in all areas of development - transport, education, health, electricity and so on.

And here we are, some folks applauding a 30 mph train in 2013? I took the Lagos - Minna train 15 yrs ago and the journey time was nearly 24 hrs. I vowed never to take that train again. Looking at that video, nothing has changed.
Re: Nigeria Hope For Railway Resurrection- Washington Post by Nobody: 6:58pm On Apr 01, 2013
DaLover:
And I ask again,exactly how much does nigeria earn, how much is the project cost? How much do similar projects cost in other countries? If u do not know the answers to these questions, u simply ask, not to run ur mouth...it's embarrassing
Are you serious? Have you travelled out to ascertain that Nigeria is full of bunch of people who never seen nor dream for the future. The truth is that you are speaking like somebody who doesn't know much about railways system prove you are bent on standing for less. Indeed, your comment is infuriating to say the least. I beg to challenge all your questions and answer them accordingly.

The reason why the system remained backward and moribund is very pronounced in this your comment, only says of what is known about the country flaunting to be rich(yes it is but poor to provide). Nigeria is capable of building one of the best railway system in the world if the leaders are focused to do so. The truth is that we are being continuously protective of the economy and expect things to work out rightly all by itself with everything has to be done by the crooked government. The truth is that you failed to see the way most countries which have better railway system make budget for theirs.

To answer your question I will restrict myself to the continent than making references to developed nations.So, that you wouldn't think those countries are richer the only reason they have modern system. I am going to use Morocco as an African nation to explain this in general term.

1. Nigeria generated =N= 9.7 Trillion which is approximately $63 billion as in 2012
( LINK ) and appropriated N4.7 trillion for expenditure which is about $30 billion with a claim of $23.48 billion revenue(according to CIA fact file). In comparison to Morocco $32.3 billion for expenditure and claim of $25.16 billion revenue. That means the second largest economy in Africa government is not collecting its revenue appropriately and failed to provide infrastructure for the citizen due to corruption and transparency.

2. Morocco has a good railway system that is comparable to those in developed countries and it can afford that for its people.The country is going for High Speed Railway system presently and it cost the investors $4 billion. It is amazing Nigeria can't afford any. Nigerian government always appropriating $200 million for one shiit and for the other lines. When totalled for some period of time they amount to billions of dollars, which is the same you will get in another country to have a modern railway system..


a.Image of Moroccan high speed train.



b. Image of old Moroccan railway system.

[img]http://bitesizedtravel.files./2012/05/p1100635-800x600.jpg[/img]

From the image above the old Moroccan train is fairly modern and in better condition than the present locomotive Nigeria is installing on the old railway lines.

If you think Nigeria is no misusing its revenue or not collecting the revenue appropriately to forestall modern infrastructure like electric-train system for the citizens then you are among those who is deceived by what that country could have be able to achieve. Mind you Nigeria is Africa largest exporter of oil and some countries like Morocco, Tunisia,etc don't even have such resources but have good infrastructure.

Another thing, you underrate the need for modern infrastructure to speed up the economic progress of the country. We keep spending huge amount for less and ended up not planning for the future we arguably speak about as though we really care.

People shouldn't come here to say Nigeria is not a rich country resourcefully. The reason Nigeria is poor is its endemic corruption, failure to develop all sectors of the economy and government and lack of transparency in its revenue generation.

On the final note,it is clear the Nigeria budget are usually misleading sometimes. The government and Central Bank numbers are often differently presented to the national assembly. That alone speaks of how things are done in that society and why things don't work.

I am not embarrassing myself,please, but you are the one who failed to see how the nation wealth is being stolen and use to develop other nations to the detriment of the people. Stop being agent for failure and shitty projects. There is every clear indication the nation can afford a modern train within a 5 year period without even involving foreign investment.

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