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Nairaland Forum / Nairaland / General / Politics / Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) (43801 Views)
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Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Grandmeister(m): 8:33am On Jul 03, 2022 |
pacespot:What grows an economy is HUMAN CAPITAL...that is the number one thing. For a country to grow you have to first educate your populace, then provide good health care system and thirdly security. The infrastructure comes later...if your people are poorly educated how will they run and manage the infrastructure when it comes? If your people are dying off at 54 years who will man the offices and infrastructure? If your people are afraid to come out and work due to insecurity who will work the infrastructure? This is common sense. Do you think the countries economic hubs like lagos, Anambra, aba is thriving because of infrastructure? It is the people, not the flyovers or even roads. For a country that can't produce enough to feed it's entire population now tell me what it will be transporting on the railway? We have been putting the cart before the horse in this country that is why nothing barely works. 1 Like |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by alltribe: 8:33am On Jul 03, 2022 |
My question to Fashola is,why are they continue deceiving themselves that they are building infrastructure,which infrastructure?He knows deep down inside his heart the money they said they used to construct one bridge and for unending years,other countries like China,Indonesia etc,will use same amount to build ten times better and more beautiful bridges of that size.When i listened to one of the interviews of PO,he rightly pointed out this fraud these political robbers have been doing. LifestyleTonite: |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Oyiboman69: 8:35am On Jul 03, 2022 |
Saintinoo:it is more painful that you don't know that one's momentary value is determine by the value of it's currency due to how it manages it's inflation internally. How do you manage it?,by exporting more produce?. I believe your government has been engaging in large exportation and the result is obvious over the years. your economical value can only be achieved through a meaningful IGR and GDP...how your candidate right by demeaning infrastructure? |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by JAGS001(m): 8:37am On Jul 03, 2022 |
PresidObi:So you mean obi is better than fashola? Chai I hope you guys wake up from your dreams, meanwhile obi can't win one state in the SE just keep making noise here 1 Like 1 Share |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Pakute: 8:37am On Jul 03, 2022 |
Saintinoo:Education itself is an infrastructure. Without it, you can't build on anything. I have never been this ashamed of ignorant folks defending Obi's blunders. Do you understand what infrastructure is?.. Can you define it?.. Can there be production without infrastructures?.. Oh my! 1 Like 1 Share |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by bigcee(m): 8:37am On Jul 03, 2022 |
mach7:Crass, very Crass.
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Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by uniquetechng: 8:38am On Jul 03, 2022 |
Saintinoo:In a sane country where things work yeah, but not in a nation where politicians values their allowances more than lecturers' salaries, where 80% of graduates are unemployed and the ones employed are underpaid, where education has the least allocation annually while the president's travel needs takes more allocation than education. A nation where the president donates millions of dollars to Niger Republic and Pakistan while ASUU is on strike. If only a kids will not understand the message hidden in my comments . There is a reason Nigerians are beginning to see education as scam and waste of time, but I dont expect someone with your cerebral capacity to understand that. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by uniquetechng: 8:39am On Jul 03, 2022 |
JAGS001:Explain how Fashola betters Obi education wise. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by excess4luv: 8:39am On Jul 03, 2022 |
Abassmt: Please can you remind me of the longtime plan the Fashola ministry/APC led government has for the power sector. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by bigcee(m): 8:40am On Jul 03, 2022 |
Jostoman: ![]() 1 Like |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by bluefilm: 8:42am On Jul 03, 2022 |
Fashola should concentrate on finding more camera evidences on the site of lekki shooting. Maybe he thinks we have forgotten his role in the saga. Nonsense ![]() |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by kingyakos: 8:42am On Jul 03, 2022 |
Saintinoo: Thanks for your factual reply and in addition to your reply i asked: What is the essence of railway if there is no goods and services to be conveyed from one place to another. What are we producing for our railways and flyover to conveyed from one place to another |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Oyiboman69: 8:43am On Jul 03, 2022 |
Dikebuka:thanks to your super fashola and co who over the years ,had acknowledged that infrastructure does not drive economy and our monthly GDP is is higher than the annual GDP in the state of California in the USA... Your statement reek off ignorance for referring to your refinery as mega without knowing it's sorry state.. . |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Pakute: 8:43am On Jul 03, 2022 |
micflo28:Pls, I beg you ipobs, stop embarrassing this country abeg. Can you produce without infrastructures?.. Is Refinery not an infrastructure?.. Can you refine oil without a refinery? Pls face your 2×2 and leave economics for us. pls. you guys are traders, you only buy & sell. 1 Like 1 Share |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by KaluwisxPRO: 8:44am On Jul 03, 2022 |
Fashion is a dunce, infrastructures from government is a No. It is not the governments responsibilities to build infrastructures, those are for private citizens, investors and foreign investors. The rail built from Abuja to kaduna is being subsidized because it belongs to FG while a whopping loan is being paid on it, how will the FG recoup what was spent on the lines and coaches?? Maintenance ![]() Now tell me, if this rail was built and owned by a private company, do you think they will subsidize the cost of transportation ![]() Government’s duty so far as infrastructure is concerned are to provide basics services. There’s no National refuse agency, yet Nigeria has the biggest slums. No basic educational control center that regulates how basic education is carried out, states handle those already with FG leading the way with quota system. No basic fire service in the whole country, except Abuja and Lagos island. No running water to our homes, we drill our own boreholes. Electricity, no need to discuss this one Security, you’re on your own. Hospital, if you wanna survive, you face private hospital. So what basic services is the Nigeria government providing that they want to invest in infrastructures? Who will maintain such infrastructures when built ![]() There’s nowhere in the world where the government is full responsible to build roads and bridges, most private companies will do it if they’ll get a tax cut. But only dangote and a few big firms enjoy that privilege right now. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Pakute: 8:44am On Jul 03, 2022 |
REDshouse:These are ipob illiterates. Handing over Nigeria to them will further destroy our economy. Reading how gullible they are brings tears to my eyes. Human capital itself is an infrastructure, Education is an infrastructure. Without Infrastructures, there can't be production, there can't be productivity and there can't be growth & development. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Abassmt: 8:45am On Jul 03, 2022 |
Saintinoo:we don't need to defend anybody to or surport anybody what is the fact is fact if you elect anybody as President of this country even an angel this is what is going to happen if you truly know your country very well until we as the citizens change our minds no hope.But without infrastructure inflation will continue to rise year after year irrespective of be anybody in power.We should direct our agitation to local government to get their autonomy and make them to function well because they are the closest to the people. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by JAGS001(m): 8:50am On Jul 03, 2022 |
uniquetechng:Very far better than obi in his achievement as a governor and even as a minister, thank God you have Google try to check before you guys should start spiting nonsense outter your tribal mentality, I wonder how y'all obi supporters expect to get votes from those you are insulting their elders, Igbo people only sabi selling parts, politics isn't your way just go and continue hustling in Lagos we can tolerate your nonsense but you can't rule our beautiful country, I mean our beautiful zoo as Igbo used to call it, thanks. 1 Like 1 Share |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by clinician2x: 8:52am On Jul 03, 2022 |
Pakute: How much value is the railway systems funded by Chinese loans adding to the production capacity of nigeria? How can you borrow money to build railway but the annual budget to maintain the railway is more than the revenue? Nigeria is a true reflection of it's leaders because most of u people are empty and loquacious. 2 Likes |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Mozegee: 8:53am On Jul 03, 2022 |
Are u not ashame that your master class , PhD Tinimbu brought this calamity of 8yrs to people of Nigeria.And he want to continue were his stooge stop. Brother Nigerian are wiser now. The 2023 president election will shock people like you. LeoDeKing: |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Oyiboman69: 8:54am On Jul 03, 2022 |
Jostoman:I blame peter obi for engaging the idiot in the first place. He should be engaging his principal tinubu who they are vying for the same political position... 1 Like |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by harmargedon: 8:55am On Jul 03, 2022 |
Abdul05:yeah, we can feel the effects currently. Please how much is gas in your area, or a bag of rice or transportation, or price of electronics? |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Abassmt: 8:56am On Jul 03, 2022 |
NakedTruth4eva:Why are you talking like this , but I don't know how old you are, and I don't know if you witness what happened during military gorverment and during Obasanjo s regime which people fought Abacha and Babangida for us to have this democracy we are enjoying today despite being chasing and killed some of them or which tribe criticize Obasanjo most. 1 Like 1 Share |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by persius555(m): 8:56am On Jul 03, 2022 |
Fashola is a better administrator. He should remain so. But when a layer begins to think he's a better Economist, I conclude that he has totally derailed from his competence. 1 Like |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by micflo28(m): 8:57am On Jul 03, 2022 |
Pakute:My brother, I am not in support of any party, I am voting based on a credible candidate. 30 soldiers were massacred in Niger state early last week and some were threatening to protest over poor welfare. They die in battle field and hunger kills their families back at home. If you feel Tinubu who has promised to recruit 50 million youths into the army and feed them with Agbaje and corn is a credible candidate to you, go with your conscience. All I know is that we will not let this nation die else they should let every tribe willing to go, go. |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by rollywise(m): 8:58am On Jul 03, 2022 |
Abdul05: How you got 250+ likes still baffles me. We really deserve the leaders we get. See where the three you mentioned above has led this country. Groundnut oil of 750 in January is already 1500 as at April. All I know is, if you people destroy our chance of getting it right this next election, then if you can afford this country then I can too. Let's go there. Unserious people everywhere |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by Saintinoo(m): 8:59am On Jul 03, 2022 |
Oyiboman69: Let me first of all tell you what inflation is. Inflation is the continuous increase in the prices of goods and services over a period of time, as a result of too much money in circulation without adequate increase in production to match the increase in money. That is according to the Chicago school of thought. Now, to fight inflation the monetary institution will use contractionary tools to reduce money in circulation. while the fiscal institution comes up with production policy. How will they do this? Invest in SMEs, improve the power and manufacturing sector. And make sure that local production are consumed locally. Now, one of the basic for Nigeria inflation is what we call "imported inflation", you here people talking about USA, Russia goods being expensive and inturn gets expensive in Nigeria, even raw materials for production. When Nigeria produce and consume what it produce, inflation will go to a single digit, and a single digit inflation of about 6 to 8 percent is best for an economy because it will help protect producers. In development Economics, there are two types of growth model most countries use. 1. Balanced growth model 2. Unbalanced growth model Our argument is for the unbalanced growth model, because as a developing country, we don't have the fund to go for a balance growth model. In an unbalanced growth model, you develop some key sectors which will help in developing others. In the case of Nigeria, you don't start building fly overs and railways in cities, they will do nothing to develop other sectors. You have to develop the power sector, mining sector, education sector and the SMEs as this will help manufacturers produce more, which inturn will create more employment, grow the nation GDP and bring down inflation in the country. Thank you. 1 Like |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by uniquetechng: 8:59am On Jul 03, 2022 |
JAGS001:I am not Igbo you f.aggot, I was born in Lagos and has lived in Lagos for 47 years with my wife and grown up children so there is nothing you want to tell me about Lagos. Its actually easier to govern Lagos being a former capital than to govern Anambra state, so I laugh when people hype Fash base on being a governor for 8 years in Lagos. Lagos state has same GDP as Dubai but can you confidently say both are on same level in terms of development ? Fashola actually took more loans than any other governor of the state in 8 years despite the huge revenue generated by the state on a monthly basis under his tenure. He failed as minister so dont even mention that, Obi was a successful business man and a billionaire before becoming governor of Anambra state, can you say the same for Fash ? 1 Like |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by haffaze777(m): 9:00am On Jul 03, 2022 |
VcStunner: I just don't want the kind of progress he made in Anambra,when I have chance to have the kind of Lagos progress ![]() 2 Likes 1 Share |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by hamtabfawaz(m): 9:04am On Jul 03, 2022 |
Re: Can Infrastructure Drive An Economy? Fashola Counters Peter Obi (2019) by incandescentena: 9:04am On Jul 03, 2022 |
LeoDeKing: APC, You can’t fool all the people all of the time even if you fool the right ones, the rest will NEVER fall behind your evil party 2 Likes |
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