rvp20182:
Fake GDP will always lower GDP to anything ratio but boy spending 75% of your revenues to repay debt is Beyond Crazy.It basically mean you cannot even meet salary and pension payments leave alone recurrent gov expenditure.Some things are only possible in the zoo like debt servicing ratio of 75%

Mther_FCKER , how about focusing on your $60b dead economy?

68816419:

Mean while, this tiny, resources-less, unproductive slums capital of the world.

Your news is even a bit stale..kenya's debt to GDP should be hovering around 62% now.... what a crazy zoo..

Austine1212:


Did you know Japan GDp to debt is over 200%, japan is over $10 trillion in debt

US owes over $20 trillion

As long as you can repay debt is not a huge problem, credit record

Are u fcking "Japan" or USA?,

samorobo:


Your news is even a bit stale..kenya's debt to GDP should be hovering around 62% now.... what a crazy zoo..

services these debts?
how would this "Very" tiny,unproductive, road-less,Fake, poverty capital of the world services these debts?

Roll-out Ceremony at CRRC Dalian's Factory (ABUJA LIGHT RAIL)

LEKKI | Port @ Lekki | Deep Sea Port (Under construction )

Features

1.5 km long breakwater

6 km long approach channel with 14 m draught

670 m diameter turning circle

1.5 km long quay wall

Three container berths of 8,000 TEU vessels

One 45,000 DWT liquid bulk berth

One 75,000 DWT dry bulk berth

Abuja Light rail( Completed, Lagos Light rail (87% COMPLETED )
Pics of Lagos Light rail

Did I hit a raw nerve? Kenya GDP is around 100B - as of today - and our debt servicing is merely 30% - that is about what is recommended if you go to you bank - that leave you with 70% to met salaries, pension, recurrent expenditure and development.

Now genius - explain to us - how after spending 70% of your revenues re-paying debt- do you pay salaries, pensions, recurrent expenditure and still get money for capital expenditure (development)?

68816419:

Mther_FCKER , how about focusing on your $60b dead economy?

LAGOS | 4th Mainland Bridge | $1.4billion

4th Mainland Bridge: Lagos government unveils 39 bidders

The Guardian (Nigeria), December 18, 2019

The Lagos State Government on Wednesday unveiled 39 construction companies who have expressed interest in the construction of the proposed Fourth Mainland Bridge in the state.

The News Agency of Nigeria (NAN) reports that the state government had advertised for expression of interest on the Fourth Mainland Bridge some weeks ago.

The Special Adviser to the Governor on Works and Infrastructure, Mrs Aramide Adeyoye, said the opening of the bid was the first of the six stages before a winner would be selected to construct the proposed bridge.

Adeyoye said that the process was very transparent, adding that government was encouraged by the number of companies that bidded for the project worldwide.

She said since the government did not have the fund for the project, it had to place it under the Public-Private Partnership (PPP) arrangement.

According to her, the next step of evaluation will begin soon, adding that the companies that qualified for the next stage would be contacted.

She said that the state government made the bidding public to get investors’ confidence in the project.

The special adviser said that government was committed to ensuring that the project, which had been in the pipeline for over 30 years, was completed to further ease gridlock in the state.

The Managing Director, Advanced Engineering Consultants, Dr Peter Agunbiade, said that the journey to construct the Fourth Mainland Bridge began many years ago.

Agunbiade said that the current administration of Gov. Babajide Sanwo-Olu, hadm it possible for the construction of the bridge to be revisited.

He said that companies in Europe, Asia and others duly expressed interest in the project, assuring that the state government would ensure transparency in executing the bid.

The Permanent Secretary, Works and Infrastructure, Mr Olujimi Hutonu, said the journey started on Nov. 28, 2019 when the advert for expression of interest was placed.

Hutonu said that three weeks later, the expression of interest had been opened and made public.

He listed some of the companies that expressed interest in the project as: Julius Berger, China Civil Engineering Construction Corporation (CCECC), Kyeryong Construction Company, Pythgoras Holdings and CRCCCI Nigeria.

Others are China State Construction and Engineering Corporation Nigeria Ltd, Bua International Ltd, China Jiangxi International Economic and Technical Cooperation Company Ltd, among others.

LAGOS | Ilubirin Housing Estate | Master-Plan | U/C (Parts of Makoko slums upgrade )

LASG, FIDC to complete Ilubirin project by 2020
The PUNCH, November 11, 2019
Maureen Ihua-Maduenyi

The Lagos State Government and its partner in the Ilubirin Foreshore Housing project, First Investment Development Company, have said the estate will be completed and delivered by 2020.

Ilubirin Estate is a public housing project on about 15.1 hectares of reclaimed land at the foot of the Third Mainland Bridge.

It is being developed by the Ilubirin Fireshore Projects Limited, a joint venture between the Lagos State Government and the First Investment Development Company.

The Lagos State Commissioner for Housing, Moruf Akinderu- Fatai, at a tour of the project, said with the commitment from both parties, the commercial development would be completed at the said time.

The commissioner said, “We have a solid plan to deliver the first phase of the project, which is residential in the fourth quarter of 2020; to be followed by the commercial and entertainment/leisure parks in 2021.

“Ilubirin is a critically important development for the city that will rejuvenate the area. We have a duty to ensure that more Lagos residents become homeowners and that the homes themselves are built to global and international standards.”

He stated that when completed, the project would address the housing deficit in Lagos.

According to the Project Director of the FIDC, Wale Bamgbelu, there is collective determination and commitment from both parties to the timely delivery of Ilubirin, which he said would set a new standard for mixed-used housing estates.

“Ilubirin will create a benchmark for future community development in Lagos State anchored on the concept of ‘live, work and play’ with not only residential offerings but also offices, shopping, new school, hotel, medical centre, leisure facilities and brand new Marina for the lagoon,” he added.

Bamgbelu said a revised master plan was recently completed to help in optimising Marina and creating a new shopping spine through the new neighbourhood.

Copyright PUNCH.

Kenya of all countries ?

https://www.ilubirin.ng/

More on Ilubirin (Makoko Slum upgrade )

[quote author=leo552 post=85094514][/quote] I think they will say is cotonou Benin Republic where everything is in French.
The more they suffer the happier they are. Illiteracy and stupidity is just like 1 and 2 for Nigerians. They are now bringing 11 and 12 year olds to defend Nigeria here

68816419:
Roll-out Ceremony at CRRC Dalian's Factory (ABUJA LIGHT RAIL)

Phase II will reach all the residential areas like maitama, asokoro, gbagi etc that is where majority of the ridership will come from, than in the next 5 years those trains will be made in ogun state in fact we will even start exporting our trains to Kenya, Ghana etc

68816419:
LEKKI | Port @ Lekki | Deep Sea Port (Under construction )

Features

1.5 km long breakwater

6 km long approach channel with 14 m draught

670 m diameter turning circle

1.5 km long quay wall

Three container berths of 8,000 TEU vessels

One 45,000 DWT liquid bulk berth

One 75,000 DWT dry bulk berth

It will open in Q3 2021 it will be the best port in west Africa and one of the best in the whole of Africa only behind port said, Durban and Tanger med sorry Mombasa but we beating you

SUFFERInSMILIIN:
I think they will say is cotonou Benin Republic where everything is in French.
The more they suffer the happier they are. Illiteracy and stupidity is just like 1 and 2 for Nigerians. They are now bringing 11 and 12 year olds to defend Nigeria here

No one brought me here I came to fight stupid men with no hope who are just sad internet trolls looking to cause disorder and hatred

Nigerians are not illiterate and if all of them are than it means you and I are both illiterate

Oshodi Bus Interchange (Kenya can never have this )


https://www.youtube.com/watch?v=WctJ4oGsnYA

68816419:
LAGOS | Ilubirin Housing Estate | Master-Plan | U/C (Parts of Makoko slums upgrade )

LASG, FIDC to complete Ilubirin project by 2020
The PUNCH, November 11, 2019
Maureen Ihua-Maduenyi

The Lagos State Government and its partner in the Ilubirin Foreshore Housing project, First Investment Development Company, have said the estate will be completed and delivered by 2020.

Ilubirin Estate is a public housing project on about 15.1 hectares of reclaimed land at the foot of the Third Mainland Bridge.

It is being developed by the Ilubirin Fireshore Projects Limited, a joint venture between the Lagos State Government and the First Investment Development Company.

The Lagos State Commissioner for Housing, Moruf Akinderu- Fatai, at a tour of the project, said with the commitment from both parties, the commercial development would be completed at the said time.

The commissioner said, “We have a solid plan to deliver the first phase of the project, which is residential in the fourth quarter of 2020; to be followed by the commercial and entertainment/leisure parks in 2021.

“Ilubirin is a critically important development for the city that will rejuvenate the area. We have a duty to ensure that more Lagos residents become homeowners and that the homes themselves are built to global and international standards.”

He stated that when completed, the project would address the housing deficit in Lagos.

According to the Project Director of the FIDC, Wale Bamgbelu, there is collective determination and commitment from both parties to the timely delivery of Ilubirin, which he said would set a new standard for mixed-used housing estates.

“Ilubirin will create a benchmark for future community development in Lagos State anchored on the concept of ‘live, work and play’ with not only residential offerings but also offices, shopping, new school, hotel, medical centre, leisure facilities and brand new Marina for the lagoon,” he added.

Bamgbelu said a revised master plan was recently completed to help in optimising Marina and creating a new shopping spine through the new neighbourhood.

Copyright PUNCH.

This is one phase of the makoko regeneration the other part is to either renovate the shacks and make it look more modern and organized or they will destroy the whole thing and build another ilubirin on the shoreline to house all the people.

samorobo:


Those are developed countries with developed economies...having high debt to GDP is not healthy and safe for a developing nation most especially of Kenyan standard...

Debt goes with planning and implementation

If they repay well, the economy is well i don't see anything wrong with borrowing.

They getting loans, they buidings railways, ports, roads with help of china they using what they borrowing to good use investing in infrastructure which is always good

68816419:
Abuja Light rail( Completed, Lagos Light rail (87% COMPLETED )
Pics of Lagos Light rail

Lagos light rail I cannot wait for it's completion than in 2020 the red line will open that will have the most users I cannot wait for all these projects

68816419:

services these debts?
how would this "Very" tiny,unproductive, road-less,Fake, poverty capital of the world services these debts?

68816419:
Oshodi Bus Interchange (Kenya can never have this )


https://www.youtube.com/watch?v=WctJ4oGsnYA

It's still under construction, the road needs to be paved and than the terminals themselves have not yet be finished and there is also a plan for the largest mall in west Africa to be built there 80 000m2 because over 1 million people pass through there it just makes sense to put it there

SUFFERInSMILIIN:

Why are you taking pictures of your mother

68816419:

Are u fcking "Japan" or USA?,

Heeey im not your friend you not use fcking with me.

Stop being uproductive

Kenya can borrow as much as they want as long as they can repay their debts. They investing in infrastructure which is essential for any good running economy.

Abohboy:



Why are you taking pictures of your mother

SUFFERInSMILIIN:

A pit toilet might at least bring some dignity. One cant also wait for government to built him a toilet.

68816419:
Abuja Light rail( Completed, Lagos Light rail (87% COMPLETED )
Pics of Lagos Light rail

Mmm chinese helping developing many parts in africa i see


At least projects are being finished

Great rail development

68816419:

services these debts?
how would this "Very" tiny,unproductive, road-less,Fake, poverty capital of the world services these debts?

Lol Kenya is a zoo...There was a new better way to say it..

Abohboy:



It's still under construction, the road needs to be paved and than the terminals themselves have not yet be finished and there is also a plan for the largest mall in west Africa to be built there 80 000m2 because over 1 million people pass through there it just makes sense to put it there

Yes, Ambode actually tried on this , combination the newly constructed 10 lane airports , Apapa oshodi 10 lanes (Dangote), Abule-Egba brt lane would toataly change the face of oshodi

1- The New 10 lanes lagos International airport lane with BRT systems
2- The New Apapa-Oshodi Expressway As Construction by Dangote ,(Longest and largest cement road in Africa)
3- The Oshodi-Ebule-Egba BRT route project will span 14 kilometres – from Oshodi to Abule-Egba,
4-The oshodi- Bus Interchange (Old pic)

68816419:
Roll-out Ceremony at CRRC Dalian's Factory (ABUJA LIGHT RAIL)

Lol..look at that world class amazing train....

Kenyans with all the noise you make why can't you channel that to your govt and demand for this type of infastructures......rvp this is Abuja light rail phase 2...

68816419:
LEKKI | Port @ Lekki | Deep Sea Port (Under construction )

Features

1.5 km long breakwater

6 km long approach channel with 14 m draught

670 m diameter turning circle

1.5 km long quay wall

Three container berths of 8,000 TEU vessels

One 45,000 DWT liquid bulk berth

One 75,000 DWT dry bulk berth

Lol rvp will not like this....

68816419:
Abuja Light rail( Completed, Lagos Light rail (87% COMPLETED )
Pics of Lagos Light rail

Lol I love Lagos light rail....
I love the way they used Lagos signature at the front of the train..

68816419:

Yes, Ambode actually tried on this , combination the newly constructed 10 lane airports , Apapa oshodi 10 lanes (Dangote), Abule-Egba brt lane would toataly change the face of oshodi

1- The New 10 lanes lagos International airport lane with BRT systems
2- The New Apapa-Oshodi Expressway As Construction by Dangote ,(Longest and largest cement road in Africa)
3- The Oshodi-Ebule-Egba BRT route project will span 14 kilometres – from Oshodi to Abule-Egba,
4-The oshodi- Bus Interchange (Old pic)

Ambode was very serious with road infrastructure don't forget the pen cinema flyover and than they were going to expand the BRT system across the whole lekki axis, which will drastically reduce travel times Nigeria is seriously working