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The 300 was for the entire complex which includes 4 different other arenas so it’s not just the football stadium
That wasn't for just the stadium. It included a lot of other infrastructure for sports event. Remember we hosted the All African games
Ohenhen1ohenhen1 wrote: ↑Tue Sep 07, 2021 1:04 pm The 300 million dollars was a good investment at the time. The same stadium if they want to build it today will be north of 600 million dollars. The problem like every thing Nigeria government is stupid administration. They built the stadium in the wrong location. That stadium should be in Lagos. And they should have handed it over to a privae organization to manage it. Treat it like a private entity. Tickets sold on the open market. Businesses allowed to spring up around the stadium. But they fail to maintain it. No one goes to the stadium.
I think the problem is I look at everything from the private sector point of view. I am not a politician or government official. How do we make money from the stadium or generate the most money from the investment?Enugu II wrote: ↑Tue Sep 07, 2021 1:35 pmOhenhen1ohenhen1 wrote: ↑Tue Sep 07, 2021 1:04 pm The 300 million dollars was a good investment at the time. The same stadium if they want to build it today will be north of 600 million dollars. The problem like every thing Nigeria government is stupid administration. They built the stadium in the wrong location. That stadium should be in Lagos. And they should have handed it over to a privae organization to manage it. Treat it like a private entity. Tickets sold on the open market. Businesses allowed to spring up around the stadium. But they fail to maintain it. No one goes to the stadium.
I do not see a problem with a worthy stadium being built in a capital city of Nigeria with rapidly growing population. Plans involve estimating the future, thinking ahead. You should not be limited to the present or else you will soon become obsolete -- that is why things are planned for the future.
I respect that view and it does make sense but only if the stadium was built with private funds and set tip as a money making venture. However, that isn't the case here.ohenhen1 wrote: ↑Tue Sep 07, 2021 4:40 pmI think the problem is I look at everything from the private sector point of view. I am not a politician or government official. How do we make money from the stadium or generate the most money from the investment?Enugu II wrote: ↑Tue Sep 07, 2021 1:35 pmOhenhen1ohenhen1 wrote: ↑Tue Sep 07, 2021 1:04 pm The 300 million dollars was a good investment at the time. The same stadium if they want to build it today will be north of 600 million dollars. The problem like every thing Nigeria government is stupid administration. They built the stadium in the wrong location. That stadium should be in Lagos. And they should have handed it over to a privae organization to manage it. Treat it like a private entity. Tickets sold on the open market. Businesses allowed to spring up around the stadium. But they fail to maintain it. No one goes to the stadium.
I do not see a problem with a worthy stadium being built in a capital city of Nigeria with rapidly growing population. Plans involve estimating the future, thinking ahead. You should not be limited to the present or else you will soon become obsolete -- that is why things are planned for the future.
My solutino is let the private sector manage everything to do with the stadium. Build the stadium in a population center of over 20 million people not 900K. Build good surrounding transportation infrastructure.
Government need to learn from the success of NLNG. That is the future model for government.
