AMINDA:


You wish. These loans are tied to Infrastructure. The Chinese do not release cash. Once the worth of the project is settled and counterpart funding paid, they bring in their engineers and deliver the project. Chinese concessionary loans are the best because they are embezzlement-proof.

Nigeria hires a consultant (an Italian firm in this case) to determine that the projects are delivered according to European standards and that's it. Chinese loans also have the least interest rate and higher moratorium (grace period before Nigeria starts paying up). It's no wonder the West are threatened by the Chinese in Africa and are sponsoring a lot of propaganda against them. China is the best thing to have happened to Africa.

Brilliant!

ogub:
I 've not heard of any rail project going on in the eastern region abi them no dey Nigeria again?

thats what their governors, senators etc should be advocating for.......but they are just quiet as if nothing is going on......allowing those terrorists called Ipob, Esn and unknown gunmen to dey destroying their states......making their region totally unsafe.......

amuwo1980:

Buhari hates igbos with a passion, his regime and the party is an anti Igbo one .

and shey igbo like buhari too? So na Do me i do you ,

babatuadeg:
Alot of Nigerians are insane especially the PDP slaves. The people of the South east and South south has always been voting for PDP. So go ask your party for railways and other gigantic project been executed by your so called lifeless president. You guys will not stop wailing. It's better you learn how to play good politics so that your wailing can stop. learn from the south west.Politics is a game of numbers.

i think you are right.....the southeast and southsouth need to work on their politics.....especially the southeast. They know nothing about politics.....without the support of the southwest or the north....the southeast can never rule this country.......but they seems not to understand.......the southeast are totally handicapped , when it comes to politics.......

Theoarhics:

How much they give you for this write up to defend Amechi?

but he made a very valid point.....

psucc:
But cant this man secure one for his River State? Even if it will take "fly-over" over the East so that it will not offend his principal.

his ppl are not complaining o. They will even applaud him and buhari to their own detriment

AMINDA:


You wish. These loans are tied to Infrastructure. The Chinese do not release cash. Once the worth of the project is settled and counterpart funding paid, they bring in their engineers and deliver the project. Chinese concessionary loans are the best because they are embezzlement-proof.

Nigeria hires a consultant (an Italian firm in this case) to determine that the projects are delivered according to European standards and that's it. Chinese loans also have the least interest rate and higher moratorium (grace period before Nigeria starts paying up). It's no wonder the West are threatened by the Chinese in Africa and are sponsoring a lot of propaganda against them. China is the best thing to have happened to Africa.

Seems ur real name is Chan Xing Leong

babaolofin:


He is the richest. Over inflated project cost. The Lagos to Ibadan railway at that cost can never be paid back in 50 years. It would be a failed project and the government would be forced to reduce the transport fares.

As from next week, let us see the transport fares breakdown. I will come back to Nairaland to give final verdict on the project.

They said it would be successful as means of decongesting the Ports. Let us see.

Lagos to Ibadan rail that cost less than $2bn cannot be paid back in 50 years?.... Where exactly do some of you dig up these assumptions from? Even an unserious government can easily payback that loan in less than 10 years; even the Lagos state govt can pay back the loan if serious.

What exactly is your beef with the railway that makes you sound so bitter and negative?

Besides, all of you claiming Amaechi would be rich from these rails, that's just ignorance at work; Chinese EXIM Bank doesn't release a dime in cash to Nigeria. So where exactly would Amaechi touch the cash from?

Okay well done

PrinceOfLagos:
Amaechi should be the richest politician in Africa right now

If you know what I mean ...

In the world.

AMINDA:


You wish. These loans are tied to Infrastructure. The Chinese do not release cash. Once the worth of the project is settled and counterpart funding paid, they bring in their engineers and deliver the project. Chinese concessionary loans are the best because they are embezzlement-proof.

Nigeria hires a consultant (an Italian firm in this case) to determine that the projects are delivered according to European standards and that's it. Chinese loans also have the least interest rate and higher moratorium (grace period before Nigeria starts paying up). It's no wonder the West are threatened by the Chinese in Africa and are sponsoring a lot of propaganda against them. China is the best thing to have happened to Africa.

It is from the counterpart funding that he makes his money.

MoIbrahim:


You no dey read? Na only headline pu dey take judge?

They are starting three projects and PH to Maiduguri is one of them. Ah!

Those of you shouting u no dey read apandan, how many times have they mentioned, inaugurate that PH-Boko Haram, sorry Maiduguri track?

Elonmuskfan:
i don laff tire
Buhari hates igbos no capping

Aswear no federal impact here in the east. We only here about all these stuff for blog.
Na dem the cause all this agitation

Good one

AMINDA:


You wish. These loans are tied to Infrastructure. The Chinese do not release cash. Once the worth of the project is settled and counterpart funding paid, they bring in their engineers and deliver the project. Chinese concessionary loans are the best because they are embezzlement-proof.

Nigeria hires a consultant (an Italian firm in this case) to determine that the projects are delivered according to European standards and that's it. Chinese loans also have the least interest rate and higher moratorium (grace period before Nigeria starts paying up). It's no wonder the West are threatened by the Chinese in Africa and are sponsoring a lot of propaganda against them. China is the best thing to have happened to Africa.

God bless you
I happened to be part of the estate surveyors and valuer that are doing the assessment of properties that fall on the Right Of Way for compensation, these Chinese people are trying every possible means to reduce the excessive cost of the project...kudos

see as dis man is developing the north,

obailala:
I see a lot of people in this thread insulting Amaechi and claiming he's building railways in the SW and north without any in the SE; some even called him aboki slave, and then one begins to wonder, is Amaechi the president of Nigeria?

Amaechi as an appointee can only do what his principal instructs him to do. Or is that exactly what makes him 'Aboki Slave' like some persons ignorantly suggested??

These railways can only be built one at a time; for now if the Lagos Kano rail is built, other rails will be built later. Obj largely built the link between Warri and Ajaokuta which was only commissioned recently; there was no noise. GEJ built the link between Abuja and Kaduna; there was no foul-crying or marginalisation or "he is a slave" noise. So why exactly is the judgement template different for Amaechi and co?

You hit the nail on the head. When you have choices to make, a lot comes into consideration. You look for where the most impact can be made. Firstly, this govt completed the Warri-Itakpe rail line started by GEJ. That costed the least amount of money and fastest to complete. That covered the central part of the country. The phase 2 will connect Itakpe to Abuja but at a later date.

Secondly, Lagos-Ibadan rail route is the most lucrative and economically viable in Nigeria. It also satisfies a zone that politically supported the President, so logically the next to be built. That will then be connected to Kano to cover the Western corridor.

Thirdly, you concentrate on PH-Maiduguri which by the way will go through many Eastern towns like Aba, Enugu and take a detour to Onitsha before heading North. That is now going to commence as Amaechi said.

The fourth is the coastal line from Lagos to Calabar with the National Assembly (Southern legislators) frustrating funding for it. Recall Amaechi lamenting about this some time ago. So in all, you can see a pattern in how this whole rail masterplan is being rolled out. Notice that each of these rail corridors terminate at ports. Warri-Itakpe gets to the Warri port, Lagos-Ibadan extends to Apapa port and PH-Maiduguri will extend to Bonny sea port. You can see the thinking behind that.

The massive 2nd Niger bridge, rehab of PHC refinery at $1.5bln, Bonny-Bodo bridge and PH Enugu expressway construction are few ongoing FG projects in the SS and SE so difficult to understand why people still say these areas are marginalised as per FG projects.

PrinceOfLagos:
Amaechi should be the richest politician in Africa right now

If you know what I mean ...

At least there are some new Railways to show for it

When Abuja was built ship loads of funds were embezzled but at least Nigeria had a new Capital city to show for it

That doesn’t mean Corruption is not Wrong it is but it is worse when there is nothing at all to show for it

post=102584651:
To close the first page of this thread,
We say.............

Foolish wailers and enemies of the country in severe pains throughout today.

All the people that want the good of Nigeria will surely be successful, but for the ones that curse Nigeria and always pray for sorrow, tears and blood, such calamities will never ever ever depart from their lives.

Whether y'all like it or not, Nigeria will succeed.
God bless Nigeria.

For someone who needs to grill beef as a source of livelihood, don't you think you talk too much?

ogub:
I 've not heard of any rail project going on in the eastern region abi them no dey Nigeria again?

U just talk wetin I wan talk, I swear

hmmn! who else "Port Harcourt to Maiduguri"... God abeg o

I'm tired of hearing all this rail ways project in kaduna, kano, Lagos and ibadan re they the only state in the country non in South East, South South or even North East why won't some people agitate?

OBASANJO HITS HARD ON NIGERIAN LEADERS, GIVE THE REASON WHY IPOB IS ANGRY!!

Ex-President, Olusegun Obasanjo on BBC’s HardTalk reveals while the Indigenous People of Biafra (IPOB), are angry with Nigeria's leaders especially on President Buhari’s administration.
“My friends who are not from the East of Nigeria where Igbos come from often ask me why there is so much anger in the East and among Igbos. Some wonder why, despite the famed 'Igbo wealth’ and enterprise all over Nigeria, the people still complain that Nigeria is unfair to them. Some insinuate that the anger comes from the loss of the 2015 election by Jonathan who the Igbos heavily backed.

And why is it that the current generation of Igbos is so angry as to contemplate carrying arms against the country? With lots following Nnamdi Kanu of IPOB with his secessionist message.

Those not following Kanu may despise his antics and rhetoric but are sympathetic to his underlying message. And what is that message? That Igbos don’t feel wanted in Nigeria.

That decades of official marginalization and discrimination should be stopped or they should be allowed to take their chances in a new nation.

First, for those who think this is all about Jonathan and Buhari. It is not. Igbos were disappointed that Jonathan did not win. But those whose candidates lose elections lick their wounds. It is allowed.

It happens when your candidate loses the election. Why did the Igbos invest so many emotions in Jonathan, a non-Igbo from Ijaw? It was more because of the fear of their experience in the past 50 years. Nigeria has placed an embargo on any Igbo man becoming Nigerian president and Igbos understands this.

Jonathan was the next best thing. Other parts of Nigeria have supported their sons to the presidency. Some have bombed Nigeria into submission to get their sons to Aso Rock.

Igbos have little capacity to blackmail Nigeria to the presidency. They chose Jonathan as their “Igbo”. But that’s not to say that they are angry enough because he lost to contemplate going to war on his behalf.

Jonathan was not really the model of a President the Igbo would go to war for. And even his Ijaw people have accepted his loss.

So? Igbo anger has been building up in Nigeria since the 70s. As kids, people made choices in other parts of Nigeria school years based on the narrative of the Igbo place in Nigeria. They knew about the glass ceiling against Igbos.

After the civil war, despite the “No winner, no vanquished” program, Nigeria placed glass ceilings and no-go areas for Igbos. The war reconstruction program was observed more in the breach.

There was the “abandoned” property program that was introduced to drive a wedge between components of former South-East Nigeria.

While the country was too embarrassed to put the discrimination program down in an official gazette, it was there for anyone who cared to look. It was evident in the Igbo police officer who stayed in one position while less qualifies juniors progressed to become his bosses.

It was evident when no Igbo qualified to become the Inspector General of Police or lead any division in the armed forces. It was there when “sensitive” or “lucrative” positions were shared in Nigeria and Igbos were conspicuously absent.

It was there when Igbos were only fit enough to be made Minister of Information until Obasanjo administration came to power. And even recently, it was there when Buhari appointed 47 people to man the critical roles in his government and no one from the Southeast was there.

Any time there is a federal appointment in Nigeria, it’s usually the east that is left to shout. It was there from Buhari’s first term as a Military Junta to his second coming and any other time in-between.

The Igbo elite called it marginalization. Other Nigerians countered by saying no part of Nigeria was getting enough. Marginalization was universal. But they forgot something.

The Igbo cry of marginalization was an official policy. It was expected. It was programmed. And occasionally, key government officials let it slip that Igbos should not complain. After all, they fought a war with Nigeria.

Talk about No Victor, No Vanquished. There was a Victor alright. And they were reminded of that at every turn. Every appointment. Every national project was propagated with the glass ceiling in mind to contain the Igbos.

How can any nation grow when the leaders are mandated to keep a viable component of her resources subjugated and useless because of fear and insecurity? Nigeria was only pretending. Igbos were licking their wounds and complaining and the rest of Nigeria were too busy to notice.

Go to the South-East today. Since the 70s and the oil boom. Nigeria has invested in commercial industries across the country. None has been sited in the Southeast. None. Refineries, Steel Plants, Cement Firms. Any Industry.

The southeast was systematically deindustrialized. Even when it was the best location for any industry, there was always a reason why it should not be sited there.

What this means was that any Igbo man that wanted to work in a commercial federal establishment had to leave the east. Add this to the indigenization policy of the early 70s that pushed the Igbos out of private companies. It meant that international companies also avoided expansion into the southeast.

The Nigerian Breweries, the Dunlop, and other such firms sited their plants outside the East and only set up distribution centers to sell in the region.

This is one of the main reasons the exodus of Igbos from the zone accelerated after the war and continues to this day despite the hostility they face in certain parts of Nigeria. And why most Igbos became traders and commercial businessmen. Access to organized work either in the government, government commercial institutions, and even commercial institutions was limited.

This concerted government plan worked so well that even Igbos began to hate themselves and hate to invest in their zone to this day.

The only industrial enterprise in the east is built by easterners; Nnewi, Aba, Onitsha. These are Igbo indigenous industrial cities.

The plan was to frustrate them from investing in their zone or force them to move the industry to North or West where it can be taken from them after getting them to transfer the technology.

This has been the practice since the end of the war. In addition to this, the Federal Government has systematically made it difficult for Easterners to do commercial business even in the East.

The Federal Roads in the East are some of the worst in Nigeria. The Eastern Seaports have been made ineffective. It was a war to get the Enugu Airport upgraded to an International Airport.

The former Finance Minister shed tears on the day the first International Flight landed in Enugu. Yes, Okonjo Iwealla cried! Recently, it was only the South East that was conspicuously missing in the New Railway Plan of the Federal Government.

Nigeria has 6 regions and one was missing in a national railway plan while nobody cares. Incidentally, Igbos who reside in the east are the most itinerant in the country and would benefit most from a national transport plan. Even our President Buhari changed the plan to include his village but a major zone of the country was not included.

When you go to the east, despite the lack of federal presence, the presence of police all over the east tells a story. They mount roadblocks and make it difficult to have commercial activities to run smoothly. Recently, Customs has joined. And lastly the army. It is an occupied territory. They extort money.

They intimidate them by all means. They have recently started shooting and killing them.
Nigeria has made the east unlivable. They sponsor dubious governors, senators, and political leaders that take orders from the caliphate – Purposely, Carefully.

In conversations, people often accuse the east of being clannish or tribalistic. That is far from the truth. No group assimilates or blend in more than the Igbos. They claim Igbos are welcome in all parts of Nigeria, but outsiders cannot come to the East. The question is: why would anyone come to the east? To do what?

There is no business to do in the east. Nigeria has ensured that. Why would someone from the South West of Nigeria go to the East to invest? No one would prevent them. But it hardly makes commercial sense. Nigeria has ensured that.

Those from the North are there in droves. Igbos love to celebrate with cows. And the cattlemen go there to sell their cattle. No one molests them. In the villages in the East, these northerners live unmolested. But those are the only people who can find commercial reasons to be there! So those who wonder why Igbos are angry, wonder no more.

While most would not dare carry arms against Nigeria, don’t underestimate the level of disconnection and anger especially among the younger generation who feel hopeless and in prison for something they did not do.

Nigeria is made of nations that came together to form the country. No nation will like to remain in perpetual servitude or slavery. Igbos were at the forefront in the fight for Nigerian independence against Britain. If they did not allow Britain to subjugate them, they surely will not allow any local power or they may strike at the slightest opportunity at other pseudo dominating power over them.

That Nnamdi Kanu’s supporters starred down army tanks with sticks is a sign that the next generation will be ready to fight bare hands if necessary to stop Nigeria treating the Igbo nation as second-class citizens.

There will be fiercer and angrier Kanus in the immediate future if Nigeria does not officially stop the “vanquished “program against the Igbos who fought the civil war.

You cannot preach unity and indivisibility of the country on TV and all your actions point to discrimination against the components of the country. It is hypocrisy. It is as dangerous as it is foolhardy.

Let those who preach unity walk the talk and stop open discrimination of their countrymen. History has shown that you cannot decree peace. You cannot decree unity. You cannot force any group to belong to a country by force, it may work for a time. But never sustainable.

Nigeria has a lot to look forward to as a united country. It also has enough for the regions and nations that make up the country. Our diversity is a blessing. Our failure to reach our potential is caused mostly by the internal contradictions and the inability to build a fair country that can bring the best out of her component regions.

Those who shout most about loving Nigeria today are mostly those of its current unfair structure favor. But Nigeria will continue being as strong as its weakest link. And the weak links are all there to see.

The East is one of the weakest links. Until it stops being a weak link, Nigeria cannot truly make progress”

adolfHitler1934:
In less than 18 months this useless and wicked, ethnic and religious bigoted administration of the most clueless president of the most populous black country in the world will hand over power, yet we haven't seen even one railway project in the South South and South East. The bald headed talkative minister, Amaechi is doing the wishes of his Aboki masters.
Another project to Maradi, Niger Republic and we here in Port Harcourt where the oil is coming out from to service all this loans haven't even seen one stone or railway iron.

When you're done better remain in Abuja because we Ikwerres are waiting for you.

Nwe' Buzu!

Hehehehehe

post=102584651:
To close the first page of this thread,
We say.............

Foolish wailers and enemies of the country in severe pains throughout today.

All the people that want the good of Nigeria will surely be successful, but for the ones that curse Nigeria and always pray for sorrow, tears and blood, such calamities will never ever ever depart from their lives.

Whether y'all like it or not, Nigeria will succeed.
God bless Nigeria.

Wetin you dey talk sef?
Is buhari your father or brother?
So with all this insecurities, hardship and steady hike in necessary commodities on daily basis you are here still forming a supporter of buhari and his government just because they built a train from Lagos to Ibadan after six yrs?

Hia... I weak for you u o.....!

obailala:
I see a lot of people in this thread insulting Amaechi and claiming he's building railways in the SW and north without any in the SE; some even called him aboki slave, and then one begins to wonder, is Amaechi the president of Nigeria?

Amaechi as an appointee can only do what his principal instructs him to do. Or is that exactly what makes him 'Aboki Slave' like some persons ignorantly suggested??

These railways can only be built one at a time; for now if the Lagos Kano rail is built, other rails will be built later. Obj largely built the link between Warri and Ajaokuta which was only commissioned recently; there was no noise. GEJ built the link between Abuja and Kaduna; there was no foul-crying or marginalisation or "he is a slave" noise. So why exactly is the judgement template different for Amaechi and co?

It has a political undertone, because he swapped the PDP for APC. The South is a PDP stronghold but he defied them and and worked against their anointed son GEJ so they call him a Betrayal or Saboteur... As if politics isn't a game of interests..


Say what you will or like about the man, he delivered as Governor of Rivers State and he's delivering as minister of Transportation. He's unarguably the best minister in this admin.

Some of these are Not totally chinese funded. The nigeria government fund specific things like construction of stations and construction of pedestrian bridges which run into hundreds of millions of naira

neyyoh:


Brilliant!

You're all bereaved of information. Olodo.


To your uninformed mind, the loan is being given out in cash

PrinceOfLagos:
Amaechi should be the richest politician in Africa right now

If you know what I mean ...

Can you people even sit and THINK

Abalado:
This mumu Ameachi betrayed his people bcs of Aboki appointment,,shame on u Rotimi

PrinceOfLagos:
Amaechi should be the richest politician in Africa right now

If you know what I mean ...

You've said it all, the kick backs from these projects alone cannot be quantified


We rise by lifting others

AMINDA:


You wish. These loans are tied to Infrastructure. The Chinese do not release cash. Once the worth of the project is settled and counterpart funding paid, they bring in their engineers and deliver the project. Chinese concessionary loans are the best because they are embezzlement-proof.

Nigeria hires a consultant (an Italian firm in this case) to determine that the projects are delivered according to European standards and that's it. Chinese loans also have the least interest rate and higher moratorium (grace period before Nigeria starts paying up). It's no wonder the West are threatened by the Chinese in Africa and are sponsoring a lot of propaganda against them. China is the best thing to have happened to Africa.

Are you involved in the projects?

ThatFairGuy:
You're all bereaved of information. Olodo.


To your uninformed mind, the loan is being given out in cash

Oga tell me the company handling the rail line project...and i will give you proof how they send gift packages to all the directors and ps in FS in abuja....not to talk of ministers....