rvp20182:
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)?

Lol rvp you just described Kenya in few paragraphs....

Kenya borrows to pay to old debt and despite that your debt to GDP doesn't reduce but keeps soaring higher ..let that be your worry

kikuyu1:


IT'S NOT COMPLICATED!



That's all you have to do. It's critical cause ITS THE BASIS FOR WHAT THE TUTSI HAVE BEEN DOING FOR 3 DECADES NOW. If you can't or won't STFU!

It's like asking me to disprove a source that says unicorns exist or a source that says kenya has Mi28s......... Everybody knows they don't so what's the point of posting such a source!!

I actually could just quote all the Nazi atrocities against black people but that would be a waste of time!!

samorobo:


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

Yeah it is an amazing design and in the next 5-10 years all of those will be made here in Nigeria even Kenya will be buying trains from us in Nigeria our exports will go up because of how manufacturing and agricultural sector is booming now

68816419:
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.

Lol just see the way companies are clamouring to construct this bridge for us, and the funniest thing is that it is funded through PPP...not that scam proposed bridge in Kenya that Japanese wants to use in indebt-ing the animal kingdom and own a share in the colony's NEOCOLONIALISM.....
Fvck Kenya for she is a zoo..

Seeing they say is believing.
Lagos International Airport New Road (still under construction )

https://www.youtube.com/watch?v=wWo85NGydNQ

68816419:
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.

Oh I forgot to add that this would be a 2 story bridge with the upper part meant for vehicle commuter and the below meant for pedestrians movement and shopping malls...the below part will also serve as a major tourist attraction since it will house open spaces and offer an amazing view of the Atlantic Ocean........No other way to call this but world class and very innovative.....

Who is fooling who on the rail. The abuja-kaduna Railway the stations are not complete. Lagos ibadan railway total disaster

jln115:
It's like asking me to disprove a source that says unicorns exist or a source that says kenya has Mi28s......... Everybody knows they don't so what's the point of posting such a source!!

I actually could just quote all the Nazi atrocities against black people but that would be a waste of time!!

Nigga,answer me this or STFU on this:

You do go on! I'm not preaching but giving evidence with sources and I've severally told you disprove ONE OF MY SOURCES. I couldn't be bothered to rehash it cause frankly if anyone can't see the reasons for violence in homos they never will[b]. Prove any of the Nazi/Pathan/Bachi baaz/Tutsi/US military homo links are fake.
Also the proven link between mass murderers and faggotry-[/b]don't post anymore denial or deflection. I'll wait

Why do you insist on hiding behind meaningless words and irrelevance-actually, I have my strong suspicions but ANSWER THE QUESTION.

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.

I love this illubrin project...it is not only meant to provide a rod class housing environment with amazing skyscrapers but will also serve as a tourist attractions with resorts and malls included..

OSHODI TRANSPORT INTERCHANGE (OTI) - 100% built by Nigerian owned company , Planet Projects(Indigenous company in charge of the projects )

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

68816419:
Kenya of all countries ?

https://www.ilubirin.ng/

More on Ilubirin (Makoko Slum upgrade )

Any rvp will not like this...

68816419:
Seeing they say is believing.
Lagos International Airport New Road (still under construction )

https://www.youtube.com/watch?v=wWo85NGydNQ

See my country and the Lagos airport is being renovated the new airport terminal is almost complete than they will destroy the existing terminal and rebuilt it there are also plans for three other terminals one transit, one domestic and a thrid international terminal

SUFFERInSMILIIN:
Who is fooling who on the rail. The abuja-kaduna Railway the stations are not complete. Lagos ibadan railway total disaster

He just said work was slow the railway is going well you need to learn to read, they are stalling and they are going to try and speed up work on the stations so it will be complete in January and not March anyway have your own interpretations

Abohboy:



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

Never!!!..it will never be behind Durban or Tanger whatever rather they will be behind Lekki..

kikuyu1:


Nigga,answer me this or STFU on this:

Why do you insist on hiding behind meaningless words and irrelevance-actually, I have my strong suspicions but ANSWER THE QUESTION.

Bro I'm not going out of my way to disprove that unicorns exist, when everybody on this thread already knows they are fictional.

As I told you before you are more than welcome to believe your fantasies and move on with your life...... Yet you keep on quoting me? I will gladly stfu if you stop quoting me, so please don't sh1t your pants!!

Abohboy:



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

Lol i wonder why you keep giving that bloody hater attention..

samorobo:


Never!!!..it will never be behind Durban or Tanger whatever rather they will be behind Lekki..

It is projected to take 8 million TEUs but they take 10 million plus

SUFFERInSMILIIN:
Who is fooling who on the rail. The abuja-kaduna Railway the stations are not complete. Lagos ibadan railway total disaster

Lagos Ibadan rail (SGR)


https://www.youtube.com/watch?v=L3-QrFOOgXo

Abuja-Kaduna SGR


https://www.youtube.com/watch?v=xllGj4J_oiU

Abuja light rail


https://www.youtube.com/watch?v=OU7KyktZ9jI

Rivers state Mono Rail


https://www.youtube.com/watch?v=-8dDeSZ2kaU

Austine1212:


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

Lol..you really need to visit this thread regularly and glance through pages you've missed...we've dealt with this countless time...
No one has criticized borrowing(fvck even developed countries won't be where they are today without borrowing) here but borrowing without paying back or paying in a foolish manner has always been our issue with them.....

Kenya with a debt of about $62bn with a supposed GDP of $99bn have nothing to show on ground other than an overpriced ugly sgr connecting mombassa to nairobi and 10,000km of tarred road since independence...

Do you know Kenya borrows to pay old debt sand still have to sit their asses down whilst watching interest accumulate...tell me is that not insane...
..that is the height of stupidity...even an ordinary roadside business man knows this kind of useless practice can cripple his business within few months..

Despite this stupid practice their debt to GDP keeps increasing instead of reducing...

SUFFERInSMILIIN:

sufferNmiling you are pained...just remain dormant while we entertain you with Project....

samorobo:


Lol..you really need to visit this thread regularly and glance through pages you've missed...we've dealt with this countless time...
No one has criticized borrowing(fvck even developed countries won't be where they are today without borrowing) here but borrowing without paying back or paying in a foolish manner has always been our issue with them.....

Kenya with a debt of about $62bn with a supposed GDP of $99bn have nothing to show on ground other than an overpriced ugly sgr connecting mombassa to nairobi and 10,000km of tarred road since independence...

Do you know Kenya borrows to pay old debt sand still have to sit their asses down whilst watching interest accumulate...tell me is that not insane...
..that is the height of stupidity...even an ordinary roadside business man knows this kind of useless practice can cripple his business within few months..

Despite this stupid practice their debt to GDP keeps increasing instead of reducing...

But the Chinese are helping in developing those roads, ports, rail... Thou borrowing to repay debt is never a good thing.

Austine1212:

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.

They borrow annually to repay this old debt and still have interest accumulate with soaring debt to GDP...

Austine1212:


But the Chinese are helping in developing those roads, ports, rail... Thou borrowing to repay debt is never a good thing.

The loans the Chinese gives kenyans comes in overpriced infastructure...Kenya sgr cost 2 times more than what ours cost and about 3 times what Tanzania and ethopians she cost...and the funniest is that the age still looks whacky and shabby.....

Their debt to GDP will always increase so long as they keep engaging in stupid practice like borrowing to boost their currency and make it look string when infact it is weak....tell me is that not another stupid thing they do..

Austine1212:


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

Individuals build toilet in Nigeria... recently some states has been declared open defecation free..lets wait and see how that would reflect on next year's list..

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)

Oshodi is very choatic to drive through, majorly because if the massive road construction leading to different locations like Ikeja, airport, apapa, badagry...

Abohboy:



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

We need to develop our waterways to reduce stress in our roads and even rails...just imagine travelling from Lagos to Ogun or Lagos to onistha (I don't know if there is a water route for this) via waterways

Nigerian criminals all around me up and down the road everywhere criminals in Nigeria.
The first case in UK for somebody to be jailed while having a house and getting cancel money for another house

68816419:

Lagos Ibadan rail (SGR)


https://www.youtube.com/watch?v=L3-QrFOOgXo

Abuja-Kaduna SGR


https://www.youtube.com/watch?v=xllGj4J_oiU

Abuja light rail


https://www.youtube.com/watch?v=OU7KyktZ9jI

Rivers state Mono Rail


https://www.youtube.com/watch?v=-8dDeSZ2kaU

That Lagos-ibadan railway video is old they are doing a free test ride from now until March you can get on at agege than it will take you all the way to ibadan, the train is very slow because they said they were operating it at 20km/h but when it fully opens it will be 100-150km/h meaning the trip would be just other an hour

All we need is to get to apapa port which will be done by March than the rest of it will be competing the stations by April 2020

samorobo:


We need to develop our waterways to reduce stress in our roads and even rails...just imagine travelling from Lagos to Ogun or Lagos to onistha (I don't know if there is a water route for this) via waterways

No that is impossible there are no waterways like that on the contrary you could go from kano to Niger or Port Harcourt because there is a tributary of the river Niger so you can link onto the river Niger and go to delta or Port Harcourt or Niger

Painting

Nairobi, Kenya

I like how sanwo Olu is harness and unlocking ppp potentials..





Sanwo-Olu seals deal with private developers to build 8,200-unit hostel at LASU

’It’s legacy that’ll outlive us’ - Gov’s Education adviser

Lagos State University (LASU) is set to become a residential tertiary institution, 36 years after it was established. The State Government, at the weekend, signed a Build, Operate and Transfer (BOT) agreement with six private property developers to deliver 8,272 units of hostel on the school campus in the next 18 months.

Governor Babajide Sanwo-Olu officially approved the BOT agreement at a short ceremony held at Lagos House in Marina on Friday evening. The deal, which will lead to the construction of six blocks of Hall of Residence, was wrapped under the Public Private Partnership (PPP) policy of the State. The concessions will run for 35 years.

When the private developers deliver the projects in 2021, it is expected that 30 per cent of the school’s 26,000 student-population will be served, thereby reducing the pressure resulting from over subscription of privately owned off-campus residences.

After approving the contract, Gov. Sanwo-Olu said the development further underscored his administration’s objective of driving up quality output across the State-owned schools through provision of infrastructure critical to facilitating better-quality teaching and learning.

When LASU changes its status to a residential institution, Sanwo-Olu said there would be improvement in students’ academic performance, while the school would also move up in its global rating.

He said: “We have just approved an investment that will not only provide comfort to students, but also make positive impact on the future of our youths. If we agree that the youth as tomorrow’s leaders, we should not pay a lip service to things that will mentally prepare them for the future. It is only when we make investments like this in citadels of learning, such as Lagos State University and other higher institutions, that we can help the youth activate tomorrow they desire.

“The partnership we just sealed with the six private investors is strategic, because it is going to strengthen our capacity as a Government to scale up education quality and bring about improved academic performance of students. It will also help LASU in terms of global rating and outlook. We are using this model as a test case, which governments from other parts of the country will come and emulate. I believe we can deliver on this project and set a precedent that will change the course of tertiary education for good.”

Sanwo-Olu told the developers not to default the agreement deadline nor deviate from the terms of the agreement, stressing that the State Government would monitor the development of the Halls of Residence at every stage of their construction to ensure compliance with agreement.

Special Adviser to the Governor on Education, Hon. Tokunbo Wahab, whose office facilitated the contract, said Sanwo-Olu had created a legacy that would outlive him with the approval of the BOT agreement, reiterating that there would be more private sector-led infrastructure development programmes to be initiated across the State-owned tertiary institutions.

Wahab pointed out the six concessionaires were selected through a transparent bidding procedure fully handled by a reputable management-consulting firm, PricewaterhouseCoopers (PwC).

He said: “Today’s signing of the agreement speaks to the heart of the Sanwo-Olu administration’s T.H.E.M.E.S agenda, which takes provision of quality education as fundamental pillar. All we have just done is to provide infrastructure that will make the campuses of our tertiary institutions habitable place for our students. By this agreement, we have just made huge positive impacts on the 26,000 LASU students, who regularly face needless pressure in securing scarce off-campus accommodation.”

LASU Vice-Chancellor, Prof. Lanre Fagbohun, who was at the ceremony, described the development as “significant”, saying the agreement would radically change the landscape of the institution.

The contractors will move fully to sites in January and the projects will be completed by the middle of 2021.

The concessionaires are Costa Del Sol Limited, Seamless Integrated Limited, Aircom Nigeria Limited, Clay Hall Limited, First Investment Development Company Limited, and Advent Integrated Services Limited.

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

More