remember007: so hows this news connected with the P.D.P? if d govt doesn't work u cry ndvif they do,u scream... bloody janjaweeed hater

EmoBoy: Nigerians will always criticise what they don't understand. There is something called credit enhancement in infrastructure finance. Most foreign investors won't invest in naija because of the risks involved. For example the market risk - The electricity tariffs were too low but the government increased them. Also, Nigerians don't like to pay for anything, so the government promised them they'll repay any shortfall in revenues as a result of the market risk. Its even better here because the money will be repaid to the govt by the companies after they start making a profit in the long run. So let's not criticize what we don't understand.

Drfresh0909: when will our leaders stop this kind of lies and deception.Every day money is approved and noting is shown for it.I wish God can just end this country called Nigeria.I was discussing with a Ghanian,Nigel man they told me that they have a steady light more than Nigeria i began to shared tears,Who ever in this country that is standing on our progress causing unemployment due to politics shall live to regret his life and that of their family in jesus name amen.I stayed in kwale Delta state where Agip build an independent power plant(IPP) to give 18 states light but we are complaining of no electricity but the plant is running every day but we don't have electricity.Believe me all the money they are approving is a scam they are all thief and they will die one by one.Obasanjo said Gej is training snipers we shouted him down ok let me ask you if the $9.3 million for arms is truly for national use and not for his snipers how come the SA govt is not aware.Guys Gej is a thief if you like vote for him.let me ask you what about the money removed from subsidy? have they created employment.we are saying unemployment are people not retiring.guys Nigeria is a country the more you look the less you see.

Marc9: Can't they use dis N213billion to buy 100million 'generators' and give each family in this country? We don't want nepa light again, simple!!!!!!!!

gists:

Have we not done enough harm to ourselves with this endless and senseless excuses we make for this corrupt government? Were there no assessments done on the financial health/capacities on these companies? Have you asked yourself what intervention was given to the telecoms companies that had ZERO infrastructure on the ground when they came to this country? These guys inherited assets worth billions (you can argue the assets are not in good shape), they invested next to nothing towards improving the situation but started reaping profit from day 1 by imposing tariff increment on us. Yet we got no increase in quality of service. Now they silly gov come up again with cock and bull story of intervention, to make matters worse we are supposed to bear the cost through another round of increase tariffs. What is the guarantee there will be any sort of improvement after the tariff increment.

BTW where are those propagandist that claim they have constant power?

I have said it before and I will repeat it again - gej is not the problem of Nigeria. he is just a silly clueless (now shoefull) corrupt a55hole. The real problem we have is ourselves. Because we deliberately vote for mediocrity even after seeing no evidence of good track records for people we vote for. And when they begin to display their corrupt nature with senseless actions that impoverishes us more, we make excuses for them so they emboldened and take even more actions against us.

Drfresh0909: when will our leaders stop this kind of lies and deception.Every day money is approved and noting is shown for it.I wish God can just end this country called Nigeria.I was discussing with a Ghanian,Nigel man they told me that they have a steady light more than Nigeria i began to shared tears,Who ever in this country that is standing on our progress causing unemployment due to politics shall live to regret his life and that of their family in jesus name amen.I stayed in kwale Delta state where Agip build an independent power plant(IPP) to give 18 states light but we are complaining of no electricity but the plant is running every day but we don't have electricity.Believe me all the money they are approving is a scam they are all thief and they will die one by one.Obasanjo said Gej is training snipers we shouted him down ok let me ask you if the $9.3 million for arms is truly for national use and not for his snipers how come the SA govt is not aware.Guys Gej is a thief if you like vote for him.let me ask you what about the money removed from subsidy? have they created employment.we are saying unemployment are people not retiring.guys Nigeria is a country the more you look the less you see.

remember007: so hows this news connected with the P.D.P? if d govt doesn't work u cry ndvif they do,u scream... bloody janjaweeed hater

Konnektions146: when will Nigeria wake up?

Approving monies everyday without any remarkable improvement, we as a nation have got a lot of abundant resources to generate electricity but seemingly we are cursed in the way of petroleum, everything now is Gas powered ,
no one is looking at long term per se,

what about renewable energy which we all know is till eternity.

i have see a gas well loose over 50% of its production capacity in less than 2 years, what if somethin like this happens to wells supplying gas to our gas-fired power stations?, we would be plunged into darkness ehn?

it is well

EmoBoy: Nigerians will always criticise what they don't understand. There is something called credit enhancement in infrastructure finance. Most foreign investors won't invest in naija because of the risks involved. For example the market risk - The electricity tariffs were too low but the government increased them. Also, Nigerians don't like to pay for anything, so the government promised them they'll repay any shortfall in revenues as a result of the market risk. Its even better here because the money will be repaid to the govt by the companies after they start making a profit in the long run. So let's not criticize what we don't understand.

gbaskiboy: Circuit wE 32 of Jehovah's Witnesses
invites you to the Regional Convention.
Theme "Keep Seeking First God's
Kingdom" On September 19-21 at
Daluwon i.e Mowe- Ofada express road,
Ogun state Nigeria. Program begins
8:20am Daily...

Guk:

I fully agree with you that we dont & neither do you except you are a beneficiary. Pls recall that we had Aviation Bail out by this same govt of which Jimoh Ibrahim collected over =N=30billion for Air Nigeria, went back to the office and immediately closed the company down on the most ridiculous excuse of disloyalty of staff. Has he been held accountable?? NO!

Was there not a Textile bail out fund??

Was there not a Banking Bailout fund? How did it benefit you the bank customer? Increase in Savings interest? or Access to low interest loans.

And AMCON still came out to declare a loss at the end of the day.

Trillions spent on Railway and it still takes 30 hours from lagos to Kano

This govt deserves not to be trusted as all they have done have been scams. Period!!!!

olajide8:
This country- what a shame, what a fraud of the populise by this government, imagine O! How can you privatise or sell something that is monopolistic in nature and try and deceive people saying the prices would come down, then for the same monopolistic thing you start to give those that are actors, money (loans) to operate it- this is just one*
The housing scheme of government in partnership with a selected operator- is the second fraud, they have recorded 66,000+ people imagine now people paying at least N1,000,000 to start with- then look at the numbers - N66,000,000,000+ that would build all the houses enmasse while they collect between N11m - N 45m from subscribers when would we realise we are in trouble with this govt., and some people would go all commending* the FG for defrauding them -

EmoBoy: Nigerians will always criticise what they don't understand. There is something called credit enhancement in infrastructure finance. Most foreign investors won't invest in naija because of the risks involved. For example the market risk - The electricity tariffs were too low but the government increased them. Also, Nigerians don't like to pay for anything, so the government promised them they'll repay any shortfall in revenues as a result of the market risk. Its even better here because the money will be repaid to the govt by the companies after they start making a profit in the long run. So let's not criticize what we don't understand.

texazzpete:

And slimy toadies like you will always support the wrong thing without questioning it. We had a tariff increase not too long ago supposedly to properly reflect current market realities. Now you're here insisting that another tariff increment without any substantial improvement is a good thing.

eledacedar:

I have been thinking of going to my lecturers to ask them if they taught the correct things when I was in school because of this power bail out. How can I sell a business to someone and then give him money to run the business? It defies all logic from my point of view.
I hope someone will enlighten me because it's crazy to think about it.

I also wonder why it was minister of petroleum that made the announcement. That woman can sell meat to a cow.

eledacedar:

I have been thinking of going to my lecturers to ask them if they taught the correct things when I was in school because of this power bail out. How can I sell a business to someone and then give him money to run the business? It defies all logic from my point of view.
I hope someone will enlighten me because it's crazy to think about it.

I also wonder why it was minister of petroleum that made the announcement. That woman can sell meat to a cow.

gists:

Have we not done enough harm to ourselves with this endless and senseless excuses we make for this corrupt government? Were there no assessments done on the financial health/capacities on these companies? Have you asked yourself what intervention was given to the telecoms companies that had ZERO infrastructure on the ground when they came to this country? These guys inherited assets worth billions (you can argue the assets are not in good shape), they invested next to nothing towards improving the situation but started reaping profit from day 1 by imposing tariff increment on us. Yet we got no increase in quality of service. Now they silly gov come up again with cock and bull story of intervention, to make matters worse we are supposed to bear the cost through another round of increase tariffs. What is the guarantee there will be any sort of improvement after the tariff increment.

BTW where are those propagandist that claim they have constant power?

I have said it before and I will repeat it again - gej is not the problem of Nigeria. he is just a silly clueless (now shoefull) corrupt a55hole. The real problem we have is ourselves. Because we deliberately vote for mediocrity even after seeing no evidence of good track records for people we vote for. And when they begin to display their corrupt nature with senseless actions that impoverishes us more, we make excuses for them so they emboldened and take even more actions against us.

Shuayb0: In as much as i agree with your point to a certain extent, i don't quite agree with the fact that you said foreign investors won't invest in Nigeria cos of the risk involved. If I may recall, the former minister of power boasted that over 100 firms bid for these infrastructures, so are you telling me they didn't carry out their feasibility studies before bidding or buying, also most of the electricity revenue are generated from the cooperate sector not specifically the masses( they are even over billed most times), furthermore there was an implementation of prepaid meter in which Nigerians are willing to accept. Overall in the long run, it's bad business for government and the people would be at the receiving end by paying huge tariffs.

Guk:

I fully agree with you that we dont & neither do you except you are a beneficiary. Pls recall that we had Aviation Bail out by this same govt of which Jimoh Ibrahim collected over =N=30billion for Air Nigeria, went back to the office and immediately closed the company down on the most ridiculous excuse of disloyalty of staff. Has he been held accountable?? NO!

Was there not a Textile bail out fund??

Was there not a Banking Bailout fund? How did it benefit you the bank customer? Increase in Savings interest? or Access to low interest loans.

Trillions spent on Railway and it still takes 30 hours from lagos to Kano

This govt deserves not to be trusted as all they have done have been scams. Period!!!!