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Nairaland Forum / Nairaland / General / Politics / N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others (21585 Views)
Buhari Inherited N600bn Oil Marketers’ Debt, Says FG / FG Borrows N600bn Annually To Augment Staff Salaries, Says SGF / N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others (2) (3) (4)
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N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by Nobody: 2:23am On Sep 12, 2015 |
Contractors handling over 184 federal road projects have abandoned the various sites due to lack of funding from the Federal Government and the huge debt owed them by the Federal Ministry of Works. More @ http://www.punchng.com/news/n600bn-debt-contractors-abandon-lagos-ibadan-expressway-183-others/ |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by DrLee(m): 2:32am On Sep 12, 2015 |
this has always been a problem in this country! every administration will abandon their predecessors works and waste resources 20 Likes 3 Shares |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by dokyOloye: 2:43am On Sep 12, 2015 |
Buhari's body odour abi body language at work. Das all. 70 Likes 4 Shares |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by adekzy: 2:55am On Sep 12, 2015 |
Inflated cost of road project in the first instance...slow pace of functioning Govt., at the centre, parochial attitude of the Contractors...all plays to this effect. 6 Likes 1 Share |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by DONMAYOR19(m): 3:10am On Sep 12, 2015 |
Continuity of project, the problem of Nigeria politician. Obj the thief awarded the project then, but nothing happen, the thief just award contract for paper, and all this yoruba newspaper never one day reported bad thing about this thief obj. GEJ came and re awarded the contract together with Benin-Ore road, today u can leave from Lagos to Benin without tress of that Benin-Ore traffic that obj use to kill Nigerians then. Lagos-Ibadan road was ongoing well before dullapo came with his body movement and everything has been stopped. Funny enough, some blind people will say GEJ is the problem of Nigeria, obj them no see, babagida them no see, dullard buhari them no see. Shabi nigeria started in 2009 abi? Bias will kill some people no be small. 136 Likes 15 Shares |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by ZKOSOSO(m): 3:19am On Sep 12, 2015 |
DONMAYOR19: Ol Boy, na long life collect u so oo! God go just de bless u any how for this piece of my heart wey u blow out. APC winchi don collect brain from most naijas o! Buhari is a Man from Hell!! 78 Likes 2 Shares |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by DONMAYOR19(m): 3:31am On Sep 12, 2015 |
ZKOSOSO:AMEN...I claim this one o 41 Likes 3 Shares |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by oluwafemi113(m): 3:54am On Sep 12, 2015 |
The contract have to follow due process The immediate past administration was a fuc.k 5 Likes 1 Share |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by Nobody: 4:08am On Sep 12, 2015 |
Make dem sha repair all the roads before Christmas 1 Like 2 Shares |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by DaBullIT(m): 5:52am On Sep 12, 2015 |
God dey 1 Like |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by porka: 6:02am On Sep 12, 2015 |
[size=13pt]The contracts will be re-awarded to compensate APC donors in about a year from now. Their contractors will then turn Lagos-Ibadan expressway to bicycle lanes like they did to Mile 12-Ikorodu or a jogging path like Lekki Bridge[/size] 36 Likes 3 Shares |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by Aufbauh(m): 6:03am On Sep 12, 2015 |
The Buhari i know is called Mr. Infrastructure with specialty in road construction. We just need to be patient, when he hits the ground on road construction our children children will testify. Meanwhile i hope those wailers will not come here by then shouting that the projects was GEJ initiatives and whatever. The figure of the debt alone is like the contract was a hog wash for patronage and buy gullible minds to sing their praise. 14 Likes |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by warrior01: 6:09am On Sep 12, 2015 |
I thought the past administration did nothing. How come there are construction going on simultaneously in the six geo political zones which Buhari as usual has stopped. Punch and all Apc followers shouldn't complain coz they asked for it. 57 Likes 5 Shares |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by Mopolchi: 6:10am On Sep 12, 2015 |
They are working? |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by porka: 6:13am On Sep 12, 2015 |
oluwafemi113: [size=13pt]Africa magic Yoruba's English.[/size] 55 Likes 4 Shares |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by godoluwa(m): 6:17am On Sep 12, 2015 |
hmmm...even if other roads will be abandoned, Lagos-Ibadan Expressway must be completed. SHAME ON THOSE THAT VOTED THIS DIRECTIONLESS ILLITERATE AS A PRESIDENT. 25 Likes 1 Share |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by Bevista: 6:18am On Sep 12, 2015 |
So, the SE had the most projects (45), even more than double the projects in the much larger NW (20). Little wonder where the highest wailing pitch is coming from. The SE had the highest appointments and projects in the last administration, yet no benefit to the region. I dont give a hoot if they all abandon site. I am 100% certain Nigeria's money is safe, and in the fullness of time it will be deployed to the right projects. 6 Likes 1 Share |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by oduastates: 6:33am On Sep 12, 2015 |
Ill - concieved and badly funded projects. 184 roads at the same time. I am sure they have paid 200% mobilisation on paper and pocketed most of it. 2 Likes |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by permsec: 6:36am On Sep 12, 2015 |
A man has been runing a nation which is believed to be the "giant of Africa" (yinmu) on auto pilot. No policies, nothing can be said to be achieved other than media probe. Some people that were strongly in support of this administration prior to its manifestation are regreting their actions but out of stupidity they'll say two words WAILING WAILERS Lets see who wails in the end because a better Naija is for everybody regardless of ur party,tribe, religion et al. 40 Likes 5 Shares |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by Flets: 6:44am On Sep 12, 2015 |
Nigeria aint seen nothing yet. 2 Likes 3 Shares |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by OrlandoOwoh(m): 6:54am On Sep 12, 2015 |
Vestiges of Jonathan's cluelessness. 1 Like |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by oluwafemi113(m): 6:55am On Sep 12, 2015 |
porka: Igbo Man see your life ? What makes you different ? 8 Likes 1 Share |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by Nobody: 6:57am On Sep 12, 2015 |
Ladies and gentlemen ...we are in trouble 16 Likes 3 Shares |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by asha80(m): 6:58am On Sep 12, 2015 |
OrlandoOwoh:I believe some of those contracts were started by obasanjo though 4 Likes 1 Share |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by handie(m): 7:09am On Sep 12, 2015 |
Hmmmm. Well, there's no money now.... Most of you contractors contributed to this cash crunch by giving kickbacks thereby encouraging corruption and also over pricing projects with the surplus used to finance one politician's election.... My people say, the undertaker suffers the same way the corpse being undertaken suffers. Na all of us dey suffer but ours is better. Unlike u guys who are already used to ostentatious lifestyles and having sugar daughters 4 Likes |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by omowolewa: 7:44am On Sep 12, 2015 |
If the likes of JBerger, RCC, SCC, Dantata are closing sites, the impact on the masses would be great on Human Capital Index. One of the yardsticks of measuring government performance. Civil servant, construction worker, Banks/Bankers are all medium of re distributing money from Government to citizen. With this 'Sacky' generation. It won't be long before Nigerian start feeling the heat. Most contractors had even borrowed money to finance the project. Now they can't pay both principal and interests. The banks are threatening to publish their name as bad debtor. After sacking staffs the next stage is to sell off their assets and the pack off. PMB act fast 19 Likes 3 Shares |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by Nobody: 7:50am On Sep 12, 2015 |
This is what I have been saying for a week now. Buhari is not adhering to the 2015 budget that was duly approved and passed by the last National Assembly. If Buhari feels the budget is not in tandem with his policy drive then he should seek for budget amendment and or supplementary budget. To make Matters worse, Buhari on the other hand continues to bennefit from revenue derivations set on the premise of the last budget. Buhari is not following up on the budget neither is he even rolling out any new project, so what exactly is Buhari doing with the revenue being generated? This man will destroy this country. 38 Likes 4 Shares |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by Nobody: 7:54am On Sep 12, 2015 |
Past administration did nothing to address d issue, because there was no provision for those projects in 2015 budget. I could remember' the construction workers incharge of Kabba-Ilorin road(road linking kogi and kwara state) had abandoned the site since november last year and same thing happened in other sites. 3 Likes |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by odinese(m): 8:03am On Sep 12, 2015 |
.only in a shithole like fvcked up Nigeria. Fvcked fvcked fvcked!!! Backward nation... 21st century and Nigerians are still building roads while other countries are planning better things for their country... US and UK has already had good in 18th to 19th century and shitholes are abandoning roads. Lmao How can I be proud of coming from a shithole?... A big hellhole that don't have a good future... 9 Likes 1 Share |
Re: N600bn Debt: Contractors Abandon Lagos-Ibadan Expressway, 183 Others by Bevista: 8:04am On Sep 12, 2015 |
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