Fellow Nairalanders, in response to Fashola comments below on not receiving enough support from the federal government to complete the Lagos light rail project.

[size=15pt]
"Fashola said all over the world, when cities and states build municipal rails like what Lagos is doing, their central governments support them morally and financially"[/size]

https://www.nairaland.com/2120455/cant-complete-lagos-light-rail

Few months ago same Fashola said this:


[size=15pt]Lagos: How We Spent N160bn World Bank Loan on Light Rail Project[/size]

The Lagos State Government yesterday justified the N160 billion it borrowed from the World Bank, noting that the fund was channelled to finance its light rail (blue line) project.

However, the state government expressed disappointment at the progress of the project, which it said, was not executed as smoothly as possible, but was optimistic of its completion.

The state Governor, Mr. Babatunde Fashola, said this shortly after inspecting the light rail terminus at the Orile-Iganmu part of the state alongside some members of the state executive council.

Speaking with journalists, Fashola said the project would have been completed in another 12 months despite that the project execution was not as smooth and speedy as he wanted it.

The governor raised questions on the intention of the federal government for publishing the state debt profile in the recent time, wondering what could have informed the decision to make it public.

He said: “I think it was the Debt Management Office of the federal government that published the report that we have a debt of about N160billion. I do not know the intent of the publication.

“But if it was to inform the public, I think we have always kept the public informed anytime we borrow money. If there are other intentions behind that, only those who make the publication would know what the intentions are.

“But you see, when people talk about debt of a state like Lagos, they forget that after Nigeria, South Africa, Egypt and one other country, we have the fifth largest economy in Africa.

“When you are talking of about a billion naira debt to a population of over 21 million people; because if you are measuring the debt, you also have to measure the responsibility. Those are the things people keep in isolation.”

He, therefore, explained that the state government already “has in place, strategies to repay the loan. The federal government was in the know of the state’s decision to take the bond and it approved it.”

[size=15pt]He added that the truth “is that what they do not also say is that no state in Nigeria can borrow money outside, from any multilateral agencies without the approval of the federal government.[/size]

“What they did not say is that they approved it. No state can raise money by bond the way we have done without the federal government’s approval. [size=18pt]Both SEC and NSE are all federal regulatory agencies through which we must pass. If they said okay, it means there must be something good about the debt.
[/size]

“Our rating as a state is the same as that of the Federal Republic of Nigeria, BB minus-stable with a positive outlook. We are the only state in Nigeria that has that rating. The first bond that was taken during my first tenure has been paid; the first tranche has been paid.

“I think the second tranche will be settled around 2016 or 2017. We are already making provisions. The provisions that will be there will be in excess of what is needed,” the governor said

Fashola expressed satisfaction on the progress of the light rail project, though decried the petty delay that was encountered as a result funding, saying the project would have should have been completed in another 12 months.

http://www.thisdaylive.com/articles/lagos-how-we-spent-n160bn-world-bank-loan-on-light-rail-project/188736/

Fellow Nigerians and Lagosians, can we please ask Mr. Fashola what has change between September 2014 and January 2015?

Why is APC full of fabrications and campaign of calumny ?

Why is APC always trying to call white black and black white ?

Cc:

africanqueen111 Louislewis, Juliaann, agabaI23, sleekp1, ceo4eva, gunuvi, Mogidi, VICTORCIZA, Truckpusher, aljharem, ola6, customized13
Biafranqueen, tomakint,iamodenigbo1, gramci, stebell, meforyou1, datolee, ichidodo, iconize, aljharem, Truckpusher, Phockphockman, Juliaan, brokenTV, aryzgreat, shizzle11, chukwudi44, longeria, Idumuose, Papabrowne, taharqa, LeOstrich, mogidi, Descartes, collynzo9, pointB, Sincere9gerian, arysexy asadike,ogologodimkpa,nwafuluozoh,customized13,sincerenigerian
BlackTechnology, anonimi, PhockPhockMan, KwoiZabo, nigerianvenom, ichidodo, biafranqueen, iamodenigbo, firefire, Descartes, Mogidi,
Tomakint, Idumuose, atlwireles, Nigerianvenom, chukwudi44, priscaoge, tonte, Sunnybobo3, truckpusher, theassassin, jujuboy, jesusiscoming, Brownlord, Mogidi, anonimi, noblezone, tit, ishiamu, firefire, blacktechnology, datolee, Billyonaire, taharqa, ujoinme, uchidodo, publisher, gramci, Longeria, jmaine, Ikengawo, Kutunban

[s]

Firefire:
Fellow Nigerians and Lagosians, can we please ask Mr. Fashola what has change between September 2014 and January 2015?

Why is APC full of fabrications and campaign of calumny ?

Why is APC always trying to call white black and black white ?

[/s]

Trash.

reborn1:
[s][/s]

Trash.

did you read the post at all? why is Fashola speaking from both side of his mouth ? is lying in APC DNA

Fire Fire

Tell us what Obi, nnamani or whoever the fcuks running the Igbo states are doing?

No "Do one" low life Yanmirin

160billion naira gone down the drain with nothing to show for. This is exactly equivalent 3mths back to $1billion that theFG needed to fight the insurgency that their silly APC representative were set to oppose on the floors of the house.

Fashola is a complete slowpoke.

Why all this change of mouth from Fashola? I use to have soft spot for APC I think i need to review my decision.

Firefire:
Cc:

africanqueen111 Louislewis, Juliaann, agabaI23, sleekp1, ceo4eva, gunuvi, Mogidi, VICTORCIZA, Truckpusher, aljharem, ola6, customized13
Biafranqueen, tomakint,iamodenigbo1, gramci, stebell, meforyou1, datolee, ichidodo, iconize, aljharem, Truckpusher, Phockphockman, Juliaan, brokenTV, aryzgreat, shizzle11, chukwudi44, longeria, Idumuose, Papabrowne, taharqa, LeOstrich, mogidi, Descartes, collynzo9, pointB, Sincere9gerian, arysexy asadike,ogologodimkpa,nwafuluozoh,customized13,sincerenigerian
BlackTechnology, anonimi, PhockPhockMan, KwoiZabo, nigerianvenom, ichidodo, biafranqueen, iamodenigbo, firefire, Descartes, Mogidi,
Tomakint, Idumuose, atlwireles, Nigerianvenom, chukwudi44, priscaoge, tonte, Sunnybobo3, truckpusher, theassassin, jujuboy, jesusiscoming, Brownlord, Mogidi, anonimi, noblezone, tit, ishiamu, firefire, blacktechnology, datolee, Billyonaire, taharqa, ujoinme, uchidodo, publisher, gramci, Longeria, jmaine

add Ikengawo to this prestigious list

Adegbodolu1:
Fire Fire

Tell us what Obi, nnamani or whoever the fcuks running the Igbo states are doing?

No "Do one" low life Yanmirin

Mi o understand nkan to nso, what concerns me with Igbo States? Mo jo omo Igbo loju ee abi?


Say something about the double mouth of Fashola. thank you.

Ikengawo:


add Ikengawo to this prestigious list

Ok Boss!

Fashola is a fraudulent character just like his party and presidential candidate . . . .

[size=15pt]President Goodluck Jonathan has promised to go on exile if he fails to build the Second Niger Bridge before completing his term in 2015.[/size]

The Nigerian leader made the promise in his remarks at a Town Hall Meeting held yesterday in the commercial city of Onitsha as part of activities marking his one-day visit to Anambra State. During the visit, Jonathan commissioned several projects, including the oil production facilities of Orient Petroleum at Aguleri, the massive SABMiller Brewery at Onitsha and the Chukwuemeka Odumegwu-Ojukwu Gateway in Onitsha

Speaking yesterday at the Town Hall Meeting, the Nigerian leader said that “when the first bridge was built, it was during the presidency of Nnamdi Azikiwe; the second Niger bridge will be built under the presidency of Azikiwe Jonathan.” [size=14pt]To further reassure the people, the President said he would go on exile on the completion of his term if he does not build the bridge.[/size]




http://www.newsexpressngr.com/news/detail.php?news=234

jmaine:
Fashola is a fraudulent character just like his party and presidential candidate . . . .

Honestly, APC is a fraudulent party. How can Fashola say something in September 2014 admitting that they received FG support on the project and to turn around in January 2015 so say otherwise.

I pity any individual still believing in the FAKE 'CHANGE' the lairs are shouting.

Smh, fashola is constantly speaking from both sides of his mouth lately. Reminds me of when he said agbaje is too old to rule Lagos but buhari's age doesn't matter.

Fashola is fastly becoming a joke.

This project could have been a forgotten issue if buhari did not stop it in his own regime. That there's always holdup in Lagos was the cause of buhari, if you don't know you can ask.

AmucheJane:
This project could have been a forgotten issue if buhari did not stop it in his own regime. That there's always holdup in Lagos was the cause of buhari, if you don't know you can ask.

Just listen to the pathetic excuse the illiterate gave. Chai

All the trains Mr. Fashola inspected are only existing in the cyberspace 6 years after.

Adegbodolu1:
Fire Fire

Tell us what Obi, nnamani or whoever the fcuks running the Igbo states are doing?

No "Do one" low life Yanmirin

That means you have not been traveling, just staying in your room and when ever you receive free MB you type rubbish. Am inviting you to Enugu, so that you see things for yourself. Grow up boy

Fashola is far losing it

Even if fash chop money at least he changed Lagos to an extent. No be the one GEJ go dey chop, dey chop, dey chop dey chop.....nuffin to show after six years. Some piple still get mind dey call Fashola. Thunder fire una..... GMB 2015 jorrrr

AmucheJane:
That means you have not been traveling, just staying in your room and when ever you receive free MB you type rubbish. Am inviting you to Enugu, so that you see things for yourself. Grow up boy

You dey mind him, the over bloated Fashola is nothing but a fraud.

One hundred and sixty billion. Apc campaign money

zeepatoprick:
Even if fash chop money at least he changed Lagos to an extent. No be the one GEJ go dey chop, dey chop, dey chop dey chop.....nuffin to show after six years. Some piple still get mind dey call Fashola. Thunder fire una..... GMB 2015 jorrrr

[size=14pt]Fashola, where did you keep the N160bn World Bank Loan[/size]

AmucheJane:
That means you have not been traveling, just staying in your room and when ever you receive free MB you type rubbish. Am inviting you to Enugu, so that you see things for yourself. Grow up boy

What will u say of Abia state and Ebonyi

Firefire:
Fellow Nigerians and Lagosians, can we please ask Mr. Fashola what has change between September 2014 and January 2015?

Why is APC full of fabrications and campaign of calumny ?

Why is APC always trying to call white black and black white ?

I have said it and I will say it again: APC is a party of disgruntled ex PDP criminals and criminals of the old ACN that has held Lagos down for far too long, let the people rise up and vote these guys out power in Lagos state else generations unborn would have to pay for something they knew nothing about.

What was the initial cost of that project compared to what was borrowed, what has been spent so far and again how was the money disbursed ?Let Fashola the sleeping criminal tell us how the money meant for such beautiful idea went down the drain without the project seeing at least 60% completion.I can bet my life that this is one of the reasons they are so eager to make Buhari a President despite his too many failed shots at the Presidency after all once a man becomes desperate like Buhari is currently he would have no choice than to pitch tents with thieves .
Only God knows the content of the agreement that Buhari would entered into with Tinubu and his bunch of criminals for them to work together considering his anti-corruption mantra that is fast losing steam after too many issues concerning his credibility has not been address candidly.

I maintain that APC is a den of thieves but the people I pity most are those fellows that has taken it upon themselves to give their votes to these thieves that are posing as angels of light even as corruption oozes out from their God forsaken camp and party.

A party that was convenient enough for Northern Islamaofascists Oligarchs of Northern extraction to join forces with the ACN thieving crooks and ex disgruntled PDP corrupt, vile and abominable personalities shouldn't see the light of the day but alas here in Nigeria they represent CHANGE to myopic gullible Nigerians that won't see the truth even if the truth should stick out a hand and hit them in the face.

I dey laugh .....smh

Firefire:

GEJ dey dere....dey chop, dey chop, dey chop.. Cabinet members Ngozi okonjo, Allison madueke, etc dey chop, dey chop... Naira na 213 to a dollar...serious Chopin, dey chop still dey happen, chibok girls not found... By dem dey dere dey chop dey chop.... Mutiny issue... Unemployment nko... Immigration job issue wey people use dier hard earned 1k... Stampede..... Choppin still continues... Corruption, corruption corruption etc GEJ.........Jona ahh

Adegbodolu1:
Fire Fire

Tell us what Obi, nnamani or whoever the fcuks running the Igbo states are doing?

No "Do one" low life Yanmirin

This is uncalled for, why insult the ibo's because you don't agree with his post Why not try and dispute what he posted maturely, rather than throwing insults like this

Insults like this are meant to come from a dolt, and I want to believe you are not a dolt...Be civil always

Firefire:
Cc:

africanqueen111 Louislewis, Juliaann, agabaI23, sleekp1, ceo4eva, gunuvi, Mogidi, VICTORCIZA, Truckpusher, aljharem, ola6, customized13
Biafranqueen, tomakint,iamodenigbo1, gramci, stebell, meforyou1, datolee, ichidodo, iconize, aljharem, Truckpusher, Phockphockman, Juliaan, brokenTV, aryzgreat, shizzle11, chukwudi44, longeria, Idumuose, Papabrowne, taharqa, LeOstrich, mogidi, Descartes, collynzo9, pointB, Sincere9gerian, arysexy asadike,ogologodimkpa,nwafuluozoh,customized13,sincerenigerian
BlackTechnology, anonimi, PhockPhockMan, KwoiZabo, nigerianvenom, ichidodo, biafranqueen, iamodenigbo, firefire, Descartes, Mogidi,
Tomakint, Idumuose, atlwireles, Nigerianvenom, chukwudi44, priscaoge, tonte, Sunnybobo3, truckpusher, theassassin, jujuboy, jesusiscoming, Brownlord, Mogidi, anonimi, noblezone, tit, ishiamu, firefire, blacktechnology, datolee, Billyonaire, taharqa, ujoinme, uchidodo, publisher, gramci, Longeria, jmaine, Ikengawo

Why is Kutunban not listed? No wahala I am loyal sha

Fashiola my man! Tinubu don put you for high jump.

How can you explain this one?

If it was from GEJ's camp now, oh boy!!!