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Nairaland Forum / Nairaland / General / Politics / I Need $36bn To Construct Railway Nationwide - Amaechi (14006 Views)
I Need $36bn To Construct Railway Nationwide —amaechi / Amaechi: We Begged Niger Republic To Construct Railway For Them / Worry As Nigeria’s External Reserves Head To $36bn, Now $37.4bn (2) (3) (4)
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Re: I Need $36bn To Construct Railway Nationwide - Amaechi by juniorstar(m): 9:55am On Jan 01, 2022 |
richmond500:A govt job is to make sure every where has what it needs to thrive...remember the oil itself has spoilt the farms and water bodies. |
Re: I Need $36bn To Construct Railway Nationwide - Amaechi by Jones4190(m): 10:00am On Jan 01, 2022 |
Give him the money please |
Re: I Need $36bn To Construct Railway Nationwide - Amaechi by Ndimkpurummiri(m): 10:05am On Jan 01, 2022 |
1634four:lalasticlala |
Re: I Need $36bn To Construct Railway Nationwide - Amaechi by History555: 10:07am On Jan 01, 2022 |
NGpatriot: Zombie spokesman chew on this like a goat
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Re: I Need $36bn To Construct Railway Nationwide - Amaechi by Ovamboland(m): 10:07am On Jan 01, 2022 |
patpaul: He should come and rebuild the thousands of kilometer railway Jonathan built in the Niger Delta? Oh, I forgot Jonathan released money for diamond bra and was planning to start railway in his second term. 1 Like
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Re: I Need $36bn To Construct Railway Nationwide - Amaechi by History555: 10:08am On Jan 01, 2022 |
More for zombies and integrity spokesman
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Re: I Need $36bn To Construct Railway Nationwide - Amaechi by Ovamboland(m): 10:09am On Jan 01, 2022 |
clericuzzio: But buying bra and jewelries with public money was a better bet. We should go back to bra buying. 1 Like |
Re: I Need $36bn To Construct Railway Nationwide - Amaechi by princeabdul(m): 10:11am On Jan 01, 2022 |
This will boost the GDP and make life easy for Nigerians, God bless Nigeria 1 Like |
Re: I Need $36bn To Construct Railway Nationwide - Amaechi by techWriter3: 10:11am On Jan 01, 2022 |
don't know you If... Uh, check my PROFILE if you need help with your dissertation, assignment, or thesis. |
Re: I Need $36bn To Construct Railway Nationwide - Amaechi by Ovamboland(m): 10:11am On Jan 01, 2022 |
NGpatriot: You like finding trouble |
Re: I Need $36bn To Construct Railway Nationwide - Amaechi by Ovamboland(m): 10:15am On Jan 01, 2022 |
xelly: Nigeria is not owing China any due payment. Abuja- Kaduna railway loan has been repaid up to about 40% since 2017. Let those predicting it will take 100 years to pay back not deceive you. 1 Like |
Re: I Need $36bn To Construct Railway Nationwide - Amaechi by Ovamboland(m): 10:17am On Jan 01, 2022 |
Amah70: President from zone A sat for 5 years and did not know zone A needs infrastructure. No be juju be that? 1 Like |
Re: I Need $36bn To Construct Railway Nationwide - Amaechi by grandstar(m): 10:18am On Jan 01, 2022 |
The question is not about linking the entire country with railway. It is if it is really value for money. China which has spent lavishly on building an extensive railway line has come under criticism. One, the country amassed so much debt to build the railways and the revenues generated isn't enough to service the debt. Most routes are unprofitable. Also, in many cases, it built bullet rains when what was really needed were freight trains. In most cases, many were just flashy projects to announce to the world that China has arrived. The debts are huge and the only saving grace is that the debts are owed to state owned banks which will never call in the funds, staving off a crash. China spends 6=7% of its GDP on capital projects which is unusually high. When the projects were analyzed, only 28% gave a corresponding value for money. This is not surprising. The newish Bridge that links Mainland China with Hong Kong and Macau is just a case in point. I forgot to mention there is a underground tunnel from China to Hong Kong. I am sure the project would have cost nothing less than $100b but the state published figures are never worth the paper it is printed on. I am certain if a cost benefit analysis is carried out about building a national rail network in Nigeria, it would be found unmerited. 1 Like 1 Share |
Re: I Need $36bn To Construct Railway Nationwide - Amaechi by Ndimkpurummiri(m): 10:19am On Jan 01, 2022 |
1634four:I thought you're robot |
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