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Nairaland Forum / Nairaland / General / Travel / Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU (22607 Views)
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Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by ChukwuIbrahim: 5:00pm On Jul 01, 2016 |
Abuja – The Federal Government and China Civil Engineering Construction Corporation (CCECC) have signed a Memorandum of Understanding (MoU) for the execution of the 11.12 billion-dollar Lagos-Calabar railway project. http://www.vanguardngr.com/2016/07/fg-ccecc-sign-mou-11-12bn-lagos-calabar-railway-project/ 17 Likes 3 Shares |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by jmoore(m): 6:38pm On Jul 01, 2016 |
I hope the project gets completed on time. 25 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by rejosom(m): 6:38pm On Jul 01, 2016 |
Buhari dey tyrant 4 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Boscojugunu(m): 6:38pm On Jul 01, 2016 |
Change is here to stay. It might be slow, but believe me we will surely get there. But what about the 60 billion naira budgeted for the project. Someone should please explain where that is going to 52 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by cornel994(m): 6:39pm On Jul 01, 2016 |
Nyc one 2 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Viktor1983(m): 6:39pm On Jul 01, 2016 |
it's time for the govt to win the hearts of the masses by following these MoU's up... 7 Likes 2 Shares |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by bolt000(m): 6:39pm On Jul 01, 2016 |
hmmm |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Adegokenath(m): 6:39pm On Jul 01, 2016 |
Good 2 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by GudluckIBB(m): 6:39pm On Jul 01, 2016 |
Contract was awarded by GEJ but he didn't implement it. Rather, he used the money to buy yams for his fellow Yam eaters. 137 Likes 9 Shares |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by UlqU3(m): 6:39pm On Jul 01, 2016 |
Nice. 1 Like 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Jorussia(m): 6:39pm On Jul 01, 2016 |
.This is another testimony that this administration is not a scam. The construction of this railway will provide jobs to thousands of Nigerians.I strongly believe in the determination of this administration to reposition Nigeria for economic and infrastructural greatness. 40 Likes 4 Shares |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by dawoyo(m): 6:40pm On Jul 01, 2016 |
I hope it will be completed on time. 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Nobody: 6:40pm On Jul 01, 2016 |
President of every tribe. We love you sir! 43 Likes 2 Shares |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Nobody: 6:41pm On Jul 01, 2016 |
Was this another route Goodluck Jonathan planned to steal $5billion from this phony project? Why is PMB not revising the contract? Who now takes the extra 4 - 5$ billion, because we all know it wont cost 11.2Billion> Before you all crucify me. Kindly look at the average cost of Chinese Construction of railines from the well respected Railway Finance website http://www.railway-technical.com/finance.shtml This is not an underground rail line neither is it a high-speed. Let us even assume it is high speed, we are looking at $10 million per kilometer. Even at the price, if we take 800km to be the total distance, we are looking at $8billion at most. Who steals the remaining $5 billion ![]() Nigeria is a dead country. I continue to say this. We are a dead nation. Even after "spending" all that money we may not even see the rail way. Just imagine what someone is planning to steal in the name of change? Again, I repeat, Nigeria is sunken ship. We are a dead nation. No hope for a corrupt cesspit! -CramJones 24 Likes 2 Shares
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Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by tyhgfrdeswscbhf(f): 6:41pm On Jul 01, 2016 |
Good .... This is more of ss/se project 5 Likes 4 Shares |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Nobody: 6:41pm On Jul 01, 2016 |
rejosom:... MU*MU 28 Likes 2 Shares |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Nairadays: 6:41pm On Jul 01, 2016 |
Wao, sincerely this is a very good development with railway interlinking those cities; great indeed. Kudos to the government that conceived this idea and to the government hoping to complete it. Buy isn't 400 too small? anyway 400 is something or maybe he meant 40000 |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Eguaikide(m): 6:41pm On Jul 01, 2016 |
So the contract has been signed before by the previous regime! Why the uproar by Amaechi in the budget defense?? Good you've succeeded in negotiating downwards! Get the job done and let's move the country forward! 6 Likes |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by seguno2: 6:41pm On Jul 01, 2016 |
“We are able to save 800 million dollars after negotiation with CCECC and that has to do with the fact that CCECC said prices of commodities like steel and other things have come down. Noted. 6 Likes |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by nextstep(m): 6:41pm On Jul 01, 2016 |
China just banking on Nigeria (and Africa) this decade... First it was Western Europe, then North America, then Eastern Europe, then Asia & India. I wonder who we will turn to in 30 years to develop our country, Latin America? Anybody except ourselves right? SMH 8 Likes |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Zico5(m): 6:41pm On Jul 01, 2016 |
Thank God o, if not for Buhari, this one would have gone down the drain just like that. Who even know where Gej diverted that huge amount to. It has been shared like the former. Thank God we done with those rogues called PDP. 12 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by martineverest(m): 6:41pm On Jul 01, 2016 |
giant stride...we d great ppl of s/s say:'carry go!' 5 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by abdulworkforce(m): 6:41pm On Jul 01, 2016 |
We hope to see the good end of it. God bless Nigeria 2 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by ionsman: 6:42pm On Jul 01, 2016 |
Slowly but surely..... 5 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by allytinted: 6:42pm On Jul 01, 2016 |
nice one 3 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Jerryojozy(m): 6:42pm On Jul 01, 2016 |
That's cool...lion of Ubima a beg no loot de money o 2 Likes |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Sealeddeal(m): 6:42pm On Jul 01, 2016 |
Okay |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by OneManLegion(m): 6:42pm On Jul 01, 2016 |
This government is not slow, they are being meticulous. I understand that Nigerians have a problem with delayed gratification but we have to constantly remind ourselves that the foundation the previous government laid was one of mindless embezzlement and as such, a total deconstruction of the disgusting norms which was accepted, nay, deified by the previous would be necessary in order that a commendable precedence be laid for future governments. This government, by my reckoning, is on the right track. id911: Oga lock up if you nor get betta talk. 21 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by johnwizey: 6:42pm On Jul 01, 2016 |
Nice one 2 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by Thobiy(m): 6:43pm On Jul 01, 2016 |
jmoore:Hope so 1 Like |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by omonla555: 6:43pm On Jul 01, 2016 |
Good 2 Likes 1 Share |
Re: Lagos-Calabar Railway: FG And CCECC sign $11.12bn MoU by id911(m): 6:43pm On Jul 01, 2016 |
So it was Goodluck Jonathan administration that awarded the contract, why then were they lying it was Amaechi that conceived the idea of the project?The truth is gradually coming out 3 Likes 4 Shares |
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