EmmanuelScott1:

Amoto94:
On debts what we should be asking is what percentage are they used for; what percentage is owed by states and FG?, how can we repay them or should we have taken them in the first place?,
It is easy to say that FG shouldn't borrow to finance capital projects or salaries, but when you're faced with social upheaval and your revenue drops in the meantime you will know that theory is different from practice.
On QE I believe we shouldn't adopt the policy wholeheartedly without looking at the angle that we don't have enough in our control to regulate the market, this will lead to many capital chasing few commodities and in the long run leading to economic decline.
The best way to move forward is a lean and efficient government but in a multi-ethnic and multi-religious country like ours any such attempt to create such government will be looked at with
suspicion and you will be hearing cries of marginalisation from different quarters, this is easier to achieve at the Sub-National level where the stakes are not much higher and homogeneity is largely present.
In 2021 PMB granted Financial Autonomy to the State Assembly and Judiciary and Local Government but the Governors fought against it in unison, and the public went quiet without realising that without financial autonomy to these tiers of government they're more or less like employees hired in the service of the Governors who can punish them by withholding their salaries when they don't do their bidding.

iamoyindamola:

E shock you too abi
An educated fella just copied and pasted this, later he will tell us he have sense
Mere looking at the 2 men who's healthier

Amoto94:

How is your daughter? Convey my salaam to them

iamoyindamola:

Never in your miserable life mention my daughter or my family
But if you want to go that route i swear with my life you will meet me there

Last warning!!!!

Spy360:

1. On security he said he will be incharge as he cannot disclose he security plans. He will also reform the police - responsible and responsive policing. This includes creating state and local government police.

2. On economy, he said he will move the country from a consumption economy to production using our vast resources like land, water etc. He means agriculture basically. He will also create a single exchange for currency.

3. On governance, he said he will cut spending.

4. On power, he will declare a state of emergency. Any body who can produce power will be given access to the industry until things improve.

5. On corruption, he simply said 'as I nor chop who else go chop?'

Etc etc

izzou:


Nope
I backed out

izzou:


Then the problem is bigger than we thought.

Amoto94:

“Asiwaju Bola Ahmed Tinubu is even healthier than me as I have diabetes and hypertension, which he has none. Even the early Parkinson’s disease people talked about is just lack of sleep. Once he gets enough sleep, he will be asymptomatic.

“Leadership is not like an unskilled labour of carrying bags of cement. It’s more of a mental work than physical. Former Presidents Theodore Roosevelt, Abdelaziz Bouteflika and Daniel arap Moi of America, Algeria and Kenya respectively led their countries through economic prosperity while on wheelchairs,” Mr Shettima explained.

Amoto94:

I never thought of disrespecting your family with that but if it hits you differently, then do accept my apologies for it wasn't intended.

chrisooblog:
This right here is the bane of Africa and in particular Nigeria.

There will always be money to embezzle just build the damn project that will ensure national development but no corner all the capital funds and leave a white elephant project to deal with.

Nobody seriously believes that no is chopping from the infrastructure PMB has/is built/building but at least something has actually been done which we can all see.

That's why anytime I remember how OBJ or GEJ blew the opportunity to build any visible lasting infrastructure it makes my blood boil. Nobody is saying don't give contracts to your friends or cronies but bloody do something.

izzou:


It is statements like yours that have kept, and continue to keep us in abject hardships and poverty

Your opinion leaves no room for accountability; Just do something we can see...We are not interested on how you did it and how much you spent.

Lagos Blue Rail Line
Distance: 27 km
Cost: $2 billion

Addis-Ababa Djibouti Rail line
Distance: 752km
Cost: $4 billion

It is because we don't ask questions, that is why we have Tinubu, Obi and Atiku as candidates, and expect a miracle in 8 years

BlueRayDick:


It’s posts like his own that makes me think the country cannot be salvaged . That Blue Rail line-Djibouti issue was first raised by Gbadamosi back then when he contested against Sanwoolu for first term . People just dismissed it think all that matters is there will be a blue rail line the cost doesn’t matter .


When I see people posting blue rail line and the train and masturbating on it I just shake my head . We willingly give people pass to rob us because they are executing a project( something that we elected them to do o) . If u talk they will say u never anything good in the government .

Amoto94:
Vacancy!

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2) Brilliant school record (minimum of second class upper with a top university)
3) Done with NYSC
4) Someone well spoken and smart
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6) Graduation year (2020, 2021 & 2022)

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Cheers!

Copied as received

liveLongNprospa:


Hiiii

izzou:


It is statements like yours that have kept, and continue to keep us in abject hardships and poverty

Your opinion leaves no room for accountability; Just do something we can see...We are not interested on how you did it and how much you spent.

Lagos Blue Rail Line
Distance: 27 km
Cost: $2 billion

Addis-Ababa Djibouti Rail line
Distance: 752km
Cost: $4 billion

It is because we don't ask questions, that is why we have Tinubu, Obi and Atiku as candidates, and expect a miracle in 8 years

izzou:


It is statements like yours that have kept, and continue to keep us in abject hardships and poverty

Your opinion leaves no room for accountability; Just do something we can see...We are not interested on how you did it and how much you spent.

Lagos Blue Rail Line
Distance: 27 km
Cost: $2 billion

Addis-Ababa Djibouti Rail line
Distance: 752km
Cost: $4 billion

It is because we don't ask questions, that is why we have Tinubu, Obi and Atiku as candidates, and expect a miracle in 8 years

izzou:


It is statements like yours that have kept, and continue to keep us in abject hardships and poverty

Your opinion leaves no room for accountability; Just do something we can see...We are not interested on how you did it and how much you spent.

Lagos Blue Rail Line
Distance: 27 km
Cost: $2 billion

Addis-Ababa Djibouti Rail line
Distance: 752km
Cost: $4 billion

It is because we don't ask questions, that is why we have Tinubu, Obi and Atiku as candidates, and expect a miracle in 8 years

izzou:


Then the problem is bigger than we thought.

larride:


On Corruption - Like GloriousGbola said earlier, corruption seems to have eaten deep into the thick and fabric of the nation. Right from the top to the woman in the market, corruption is everywhere. We first need a more robust institution empowered to fight corruption among the elites, EFCC needs to be reorganized and sensitize for efficient delivery of the core mandate. When there is consequences for action and not delayed justice that takes several years to get and the perpetrator still walking away under one or two technicalities then we will go no where.

I also like the ideal of the credit system proposed by Tinubu. When we move from cash based transaction for every of our needs and we can use credit to access these needs, I believe it should reduce corruption especially in the civil service and middle class.

GloriousGbola:


Well, the rail line was originally a world Bank project funded and overseen by the world Bank. There were multiple consultants attached to it. This was also one of the reasons for delays because the loan is paid in tranches and each tranche has to be guaranteed by the FG. At a point the then admin did not do anything. I am not sure it is still world bank funded.

The point I am making is it was initially overseen by wb. Also it was originally awarded to multiple vendors but now it seems to be only ccecc. CCECC will always give you lowest price but any variation, you are OYO

Finally the argument it cost x amount here vs y amount there doesn't quite fly because of what we call greenfield vs brownfield.

Also because of ground

Greenfield means you are building in virgin territory. No houses to demolish, no rubbish tips to clear and sand full, no utilities in your way. This project has necessitated relocation of 33kv power lines, nnpc pipe line, demolitions etc. All these add to the cost

In addition most of Lagos is waterlogged. That means raft foundation. A raft foundation is x10 cost of strip foundation. And that is for buildings. For a bridge carrying a rail line

Just to point out

And there is another difference. We actually have the rail line. And it will work. That is the difference. It is not what I call a showroom piece - that will look good in the shop and never be used after ceremony, but an actual utility

chrisooblog:
Now chief this is the upteempth time you will come out of the blue to misconstrue my statement and conclude what I didn't say in my post. Please stop it this is a new year.

Now to address directly what you said of course it's common sense to interrogate the budget of projects world over. I was speaking to the Nigerian malaise of monies being allocated for projects and it being completely siphoned without any getting done but how that means I'm justifying corrupt inflation of projects only you can explain.

I don't know the exact details of how much should have been expended on the blue line and on the surface it looks inflated however it will help when making comparisons to give detailed breakdowns of how such figures were arrived at because for example compensation for owners of land along the right of way, nature of terrain usually go into the cost. That in no way isn't saying blue line didn't cost too much but more details are needed before arriving at an absolute conclusion.

I'm not asking for a Jinnee that will magically make everything in the country better. I want someone who will take practical realistic steps that will improve the country. Problem solvers remedy situations not because the environment is ideal or perfect but because they think out of the box.

chrisooblog:
This right here is the bane of Africa and in particular Nigeria.

There will always be money to embezzle just build the damn project that will ensure national development but no corner all the capital funds and leave a white elephant project to deal with.

Nobody seriously believes that no is chopping from the infrastructure PMB has/is built/building but at least something has actually been done which we can all see.

That's why anytime I remember how OBJ or GEJ blew the opportunity to build any visible lasting infrastructure it makes my blood boil. Nobody is saying don't give contracts to your friends or cronies but bloody do something.

BlueRayDick:


Why is he taking examples from countries that are not named Nigeria ?

Why can’t Shettima tell us how a Sick Yar Adua and a sick Buhari piloted the affairs of this country to “Economic prosperity “ ?

Is he not being dishonest intentionally here ?

It’s so cool how Shettima a banker by profession suddenly knows so much about Parkinson’s that he even thinks it’s lack of sleep that causes it

iamoyindamola:

Never in your miserable life mention my daughter or my family
But if you want to go that route i swear with my life you will meet me there

Last warning!!!!

larride:


You did not include that the blue rail line is been built in a populated area which also includes access road, bridges, compensations for buildings and assets and the likes.

The project was also a World Bank funded project at the start unless of course we all know more than world bank who were the backbone of the project when it was awarded.

GloriousGbola:


Well, the rail line was originally a world Bank project funded and overseen by the world Bank. There were multiple consultants attached to it. This was also one of the reasons for delays because the loan is paid in tranches and each tranche has to be guaranteed by the FG. At a point the then admin did not do anything. I am not sure it is still world bank funded.

The point I am making is it was initially overseen by wb. Also it was originally awarded to multiple vendors but now it seems to be only ccecc. CCECC will always give you lowest price but any variation, you are OYO

Finally the argument it cost x amount here vs y amount there doesn't quite fly because of what we call greenfield vs brownfield.

Also because of ground

Greenfield means you are building in virgin territory. No houses to demolish, no rubbish tips to clear and sand full, no utilities in your way. This project has necessitated relocation of 33kv power lines, nnpc pipe line, demolitions etc. All these add to the cost

In addition most of Lagos is waterlogged. That means raft foundation. A raft foundation is x10 cost of strip foundation. And that is for buildings. For a bridge carrying a rail line

Just to point out

And there is another difference. We actually have the rail line. And it will work. That is the difference. It is not what I call a showroom piece - that will look good in the shop and never be used after ceremony, but an actual utility

chrisooblog:
Thank you for expanding on my point. That's why it's cheaper and easier for example to build roads in the northern part of Nigeria than the South because of issues around soil texture and terrain.


Government expenditure without doubt should be looked at closely but it should be done with rigorous research and vigor.


Some of our journalists too don't help matters like the issue of sovereignty clause that was inserted into the contracts of the railways the Chinese built for Nigeria. Some people actually believed the Chinese will seize the country's railway incase of debt default on Nigeria's part. Unfortunately the brouhaha from the matter has discouraged the Chinese from funding the remaining part of the line from Ibadan to Abuja.

Segedinho:


Mehn....

U no innocent at all

izzou:


Your point was clear in your previous post. I don't know why you have to type this long to explain