tomakint: ..what Obj could not achieve with $16 billion within 8 years Jonathan is about to achieve with $3.7 billion, now this is what I called good governance!

alienware: That money isn't enough to generate 20 thousand megawatt . Power generation is based on the kilowatt or megawatt generated. 1 killowatt is equivalent to $800 -$2000 depending on the technology such as back pressure and the make, it could be siemen,hitachi or toshiba. 1 mega watt cost one million to 2 million dollars and a thousand megawatt cost about 1 billion to 2 billion dollars. 20,000 megawatt should cost about 20.5 billion USD . I have seen large sugar refineries and paper mills paying about 60-80 million usd to generate about 60 megawatt for their plant. The geregu power station after lokoja cost about 525 million usd to generate 425 megat watt . In my own opinion that money isn't enough to build 20,000 mega watt

alienware: so u dont generate power b4 transmission ?

Rossikk: Sorry but that is an unsatisfactory response. The guy is correct that you people rarely ever attack your own state govts, and power supply is not the only area of development requiring attention. The states get at least half the federal revenue don't they? That is countless billions of dollars annually.

Rossikk: Sorry but that is an unsatisfactory response. The guy is correct that you people rarely ever attack your own state govts, and power supply is not the only area of development requiring attention. The states get at least half the federal revenue don't they? That is countless billions of dollars annually.

tomakint: ..what Obj could not achieve with $16 billion within 8 years Jonathan is about to achieve with $3.7 billion, now this is what I called good governance!

otokx: Let them give us light o

PapaBrowne:

Good questions no doubt.

But check this: Why is it that when it the feds, you ask this question but never do same about your state governors.
A large chunk of our expenses are expended by states and LGAs and nobody cares to look their way.

Akpangbon: THE Federal Government has approved the sum of $3.7 billion for the power sector to improve its transmission lines, so as to be able to wheel 20,000 megawatts of electricity.

Vice President Namadi Sambo, who disclosed this at a meeting with Nigeria-Canadian Association of Greater Toronto area, in Canada at the weekend, said the money was approved last week.

Speaking at an interactive session, he explained ongoing efforts at improving infrastructure in the country, noting that “President Goodluck Jonathan-led administration is committed to ensuring adequate power supply, improvement in transportation, aviation, Information and Communication Technology (ICT) , agriculture, health care services, education and good governance.”

While pointing out the contributions of Nigerians in diaspora to national development, Sambo implored them to return home and be part of the effort at transforming the country.

He noted that it was in recognition of their contributions that a diaspora bond of N1 billion was set up.

Earlier, the president of the Nigeria-Canadian Association, Fabian Nwoha, had expressed the desire of the association to contribute positively to the development of the nation, noting that they had been discouraged by negative stories emanating from Nigeria.

However, he observed that with the new developments being witnessed in the country, they were confident in the ability of the government to deliver on promises.

Nwoha reminded government of its promise to provide a Consular office in Toronto, so as to help ease emerging diplomatic issues.

The Nigerian High Commissioner to Canada, Dr Ojo Maduekwe, commended the association.


http://tribune.com.ng/news2013/index.php/en/component/k2/item/11232-fg-approves-3-7bn-to-transmit-20-000mw

muktar mtt: Shut ur pie hole mumu kudus 4 waiting looting ur money hw many times will FG approve money 4 electricity nd still nifing inpprove jst noda way 2 loot our money cluless presdow ever we gonna vote u out mr

confusion247: I hope this money will not end up the same way OBASANJO's 16 billion dollars meant for power ended up?

sheyie2007: bros, you nor get touch light ?

HNosegbe:

The answer to your question is simple. We run a unitary system IN PRACTICE, where the Feds control 52% of national revenues. Besides, the FG has the monopoly of power transmission and distribution, meaning there's nothing to "ask" the states and local govts as far as the power sector is concerned.

When we reform our economic structure to make states viable economic units, then we'll be better equipped to hold governors accountable.

Tigerhead: When we have a greater spread of stable electricity later on in the year. the necessity for this will become apparent. At present the national grid cannot cope with more than 4,000 megawatts. We need it to be able to handle much much more.

The question I have from reading all the brainless posts here is - do Nigerians really deserve stable power?

bigaboi:
We are already generating 20000 megawatts already the challenge is that the existing transmission infrastructure cant transmit the 20000 megawatts already generated.see attached link.
http://en.wikipedia.org/wiki/List_of_countries_by_electricity_production

nameo:

Nigeria's Installed Capacity is a little more than 6400MW, yet we can only wheel out less than 5000MW to the Grid cos of very inadequate Transmission Infrastructure over the years. From the 10 new Power plants and repairs on some of the Legacy plants and a few other plants like the Rivers State Plant, it is expected that the Installed capacity would increase to more than 10,000MW in the next 2 years or so. And then once the investments starts to flow in post-privatization down the years, many more thousand MWs would be generated by Private concerns. How would all these 'captive' Power be Evacuated/Transmitted to the Grid and then to our homes/businesses.

Transmission has always been one of the MAIN 'weak links' in our Power chain (others like the Regulatory environment and Generation is been addressed by the current Admin), and we wouldn't go far if it is not addressed frontally, both for today and fro tomorrow. The Government have done well in giving up Management and Day-to-Day running of TCN to the Reputable Manitoba International, BUT Alternative funding for the Modernization and serious upgrade/expansion of the Transmission Infrastructure should also be pursued. That is what I think is been done here.

Whilst concerns about the proper use of the funds could and should be asked considering our past, believe me: THIS IS a VERY, VERY, VERY, VERY GOOD MOVE by the Government; something that should have been done like 40 years ago and continuously too, for that matter.

otokx:

My dear we pay our bills? Let federal government give us light. How can a University in Port Harcourt function without electricity?

dederocs: always approving funds,we never hear them making profits for the treasury or making lives better for average Nigerians with our collective resources.
We will hear of funds being approved for capital projects,but we will never see end results.
we are watching furiously...the Nigerian youths are being pushed to the wall-it will be a calamity to turn all the good men to evil men,when it seems like the Nation only rewards evil.

bigaboi:
We are already generating 20000 megawatts already the challenge is that the existing transmission infrastructure cant transmit the 20000 megawatts already generated.see attached link.
http://en.wikipedia.org/wiki/List_of_countries_by_electricity_production

Donaeo: That is not what we are generating, that stuff is in Gw/Hr, How can you say Us is generating 4.3 million GW/Hr,Nigeria's installed generating capacity is about 6000MW

cashflowpc: It's high time people started thinking of alternative energy...