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Nairaland Forum / Nairaland / General / Travel / Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU (23016 Views)
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Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Thobiy(m): 6:44pm On Jul 01, 2016 |
Boscojugunu:Naso |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by wellmax(m): 6:44pm On Jul 01, 2016 |
Shuuu, $800M lower despite a fall in the value od the Naira. Hmmm that's good. 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by jmichlins(m): 6:45pm On Jul 01, 2016 |
I do not believe that a project as massive as that will create just 400 direct job 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Idrismusty97(m): 6:45pm On Jul 01, 2016 |
And here comes more MoUs. 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by FYB(m): 6:45pm On Jul 01, 2016 |
Xx |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by donfranklin(m): 6:46pm On Jul 01, 2016 |
Good to hear |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by babadee4reality: 6:46pm On Jul 01, 2016 |
Intresting |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Jorussia(m): 6:47pm On Jul 01, 2016 |
id911:this project has been in the pipeline since the administration of obj.GEJ was unable to put the counter fund of Nigeria into the budget. This is the only administration that has provided funds for its execution in the budget. 4 Likes |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Crownofwealth(m): 6:47pm On Jul 01, 2016 |
this project will develop Delta state more as it passes thru 5 major towns in Delta state. 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by utytill(m): 6:48pm On Jul 01, 2016 |
Ameachi and railway? |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Pilate2016(m): 6:49pm On Jul 01, 2016 |
God bless pmb 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Qmerit(m): 6:51pm On Jul 01, 2016 |
God bless GEJ but, the price was too high better than nothing. God bless PMB for rejecting that budget when senate removed the project, it's now am even knowing the number of states it covers God bless Amaechi for a good fight on this project though completing it is another thing, once it is started it must be completed some day by anyone God bless ministry of transport for good bargain skills for that huge amount reduced from the initial price. God bless Nigeria. Just pray, gradually we would get there one day. 9 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Crieff(m): 6:51pm On Jul 01, 2016 |
What sort of rail line are these people building for $11bn? Does this include the train itself? How can you build a rail line for $11bn? ***Modified*** After a little research, I admit that I was wrong. I really didn't know these things could be awfully expensive. I assert, however, that if Nigerian engineering profs as well as scientists were truly up to the task...it shouldn't cost us more than $10b maybe lesser. Very well. Godspeed!!! 3 Likes |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by uchwar1: 6:51pm On Jul 01, 2016 |
govt is working |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by wristbangle: 6:52pm On Jul 01, 2016 |
It's a welcome development and I pray it is fully implement so that enemies of progress can be put to shame. 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by BrainnewsNg(f): 6:53pm On Jul 01, 2016 |
This is a welcome development. Where are those haters? 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by nintal(m): 6:55pm On Jul 01, 2016 |
I love Buhari, nice move. 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by 4nobody4every1: 6:55pm On Jul 01, 2016 |
GudluckIBB: 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Efizzi: 6:56pm On Jul 01, 2016 |
Hmm I hope fresh set of militants wouldn't blow up the segment that pass through PH and Bayelsa 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Semper247(m): 6:56pm On Jul 01, 2016 |
Jorussia: Take a deep breath, calm down.... Now come again 2 Likes |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by ruffDiamond: 7:00pm On Jul 01, 2016 |
my President is working no more eating yam wey no be ya own .. |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by jieta: 7:02pm On Jul 01, 2016 |
even if it is three years tym and it becomes a reality my family and i we vote for u for third term |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by 19naia(m): 7:03pm On Jul 01, 2016 |
So where will it cross the river Niger? Will they build a dedicated bridge in the face of the 2nd Niger river bridge that seems to not be able to get up off the banks of the river Niger. If they can do it, it will be a great benefit and ease added to the major flow of traffic across the Niger river. Its sad that only one bridge serves the bulk of traffic from such a densely populated area, And its helped Onitsha become among the worst air pollution locations on earth. 3 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by push23: 7:04pm On Jul 01, 2016 |
Do not build it. $11 billion. It is fraud. It is fraud. Lagos to calabar rail is 419 Only an lagos to Abuja train is real. Nobody is going to calabar from lagos ][/size] 1 Like 2 Shares |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by ruffDiamond: 7:05pm On Jul 01, 2016 |
my President is working no more eating yam wey no be ya own .. |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by truthspeaks: 7:06pm On Jul 01, 2016 |
No oo. they shld keep acting insensitive n do as if d economy doesn't matter. They ll win in 2019 wit chasing opposition wit efcc Viktor1983: 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by eph12(m): 7:07pm On Jul 01, 2016 |
Zico5:Am not holding brief for the previous administration but your sense should tell you that a contract signed or agreed does not automatically mean it has been implemented. What if money was not released for it? What if the previous administration were planning to add it to the next budget if they had been reelected? Kudos to the present administration for renegotiating the amount involved but it could have been cheaper. Is construction work in Nigeria that expensive compared to the outside world especially in advanced countries? 2 Likes |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Lyoncrescent: 7:10pm On Jul 01, 2016 |
To be honest, the government should sell off all the existing railway corporation assets to the private sector . government should only regulate. They should also sell off all the airports to international investors. Anything under the control of the Nigerian Government doesn't work. 4 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by blarkraimez: 7:19pm On Jul 01, 2016 |
Mr right, did you check the part where they said" it will cover all the seaport enroute? What of the fact that those people that will construct it are expartrate and dia charges will be different? What of the raw materials,can ds nation boast of all the rawmaterial to finance ds project.....add up the import rates, expatrate and Nigeria factor. And tell me ao on earth it will be the same thing with dos ones you showed earlier. A 8 Likes |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by asha81: 7:23pm On Jul 01, 2016 |
This is a good link. The East is benefiting immensely from the project. This including the Onitsha 2nd Niger bridge will further advance Onitsha and Asaba axis. 2 Likes 1 Share |
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