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Nigeria’s total debt to China of $3.121bn represents 3.94% of our total public debts of $79.303bn. Also represents 11.28% of total external debt of $27.67bn. loan / project : Nigerian National Public Security Communications $399.5m dated Dec 20, 2010(don’t know where it is)
2. Nigerian Railway Modernisation Project ( Idu - Kaduna section) US $500m dated Dec 20, 2010; Abuja light rail $500m dated Nov 7, 2012; Nigerian ICT Infrastructure backbone US$100m dated January 5, 2013; Nigeria 4 terminals airport expansion : Kano, Abuja, Lagos, PH US$500m
3: dated July 10, 2013; Nigerian Zungeru Hydroelectric Power project US$984.32m dated Sept 28, 2013; Nigerian 40 parboiled rice processing plants $325.67m dated 26 April, 2016;
4. Nigerian Railway Modernization project Lagos - Ibadan $1,267.32m dated 18 August 2017 ; Nigeria Rehabilitation & upgrading of Abuja -Keffi - Maiduguri Road $460.82m dated August 18, 2017 ; Nigerian supply of rolling stocks and depot equipment for Abuja Light rail $157 29/5/18
5. Nigeria Greater Abuja water Supply project ( Abuja people) US $381.09
Dated May 29, 2018 .
6. The interest rate is low and it is 2.5% . Average tenor is 20years & a concessional loan . China can not take over our properties bcos we have the revenue to back it up . No shaking . It is left for NGOs to monitor the loan . Pls update ur database as per China loan. Tell them
7. Loan loan loan oooo from China, hope you have read all projects attached to the loan even the one that “ chairman” approved and abandoned. Pls spread this message to Ota , KOJOLI , Ilorin, Abia Rwanda and our intelligence group too
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Woye
@woye1
If you are interested in Agriculture & value chain, then pay attention to a new policy just launched called “ THE GREEN IMPERATIVE” govt to govt program of Nigeria & Brazil. This project worth $1.2b. 6plants to assemble TRACTORS in 6 geo political zones & will complement NIRSAL
2. Another 142 agro-processing centers will be established . No one will ask you whether you are in APC or PDP or red card movement as a criteria for you to benefit . Part of the funding sponsor is Islamic Development Bank&no one is asking whether u are a Christian or a Moslem
3. As a youth , research about govt policy . Find a way to participate . Guarantor is important . Your conduct will determine whether someone can STAND for you. Govt is not commercial bank asking for collateral but you must be RESPONSIBLE for people to help you. Best of luck
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Woye
@woye1
Sad news: Construction of Nigeria’s only large scale commercial gold mine has begun in Odo-Ijesa, Osun State. The gold mining project is $87m &the FG not Buhari via Minister of Mines&Steel issued the license to Segilola Resources Operating Limited. Gold will be produced in 2021
2. The company would process 650,000 tonnes of ore with a target production of approximately 80,000 ounces per year . Jobs, jobs. Jobs will be created . People of Osun State should think of building hotels, guest houses to accommodate foreigners & Nigerians. Biz don come ooooo
3. Hope our Universities and indeed @ASUUNGR will note this new development in our economy and reflect courses that will increase local technology and personnel pls . Na beg I dey beg you
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Woye
@woye1
It is important that @ProfOsinbajo ‘s economic stimulus committee finished their work this week. @MBuhari should approve & implementation starts so that effective lockdown/ state of emergency will be effected. cash transfer of 30k to all account balances of less than 100k via BVN
2. Govt and organised private sector workers will not benefit from this cash transfer . 3. Tax reliefs for companies. 4. Free electricity for 4months. 5. Reduction in telecommunication data/voice rate . 6. A new bill to jail offenders of lockdown for 5years
6. This is my suggestion to @NigeriaGov bcos we are going the way of Singapore if we don’t act fast now . 7. Extend the lockdown again
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