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FG Signs $1bn Mou On 1,000MW Plant - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / FG Signs $1bn Mou On 1,000MW Plant (11977 Views)

FG Signs Mou On 1,000MW Power Plant In Katsina / FG Signs $1.5b Lagos-Ibadan Rail Line Contract / Nigeria's Power Supply Has Dropped By 1,000MW (2) (3) (4)

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Re: FG Signs $1bn Mou On 1,000MW Plant by bunmioguns(m): 9:53pm On Nov 29, 2014
we need uninterrupted power supply



not interested in this nonsense
Re: FG Signs $1bn Mou On 1,000MW Plant by bigtt76(f): 9:54pm On Nov 29, 2014
Is it that Nigeria cannot brace herself to build a power plant that can generate more than a thousand MW? All these small small tiger plant den de build about with huge sums of money .....e de bi for dem o angry

1 Like

Re: FG Signs $1bn Mou On 1,000MW Plant by born2boink(m): 9:55pm On Nov 29, 2014
Ordinary paper without action. Eshin inu iwe
Re: FG Signs $1bn Mou On 1,000MW Plant by Adminisher: 9:56pm On Nov 29, 2014
MOU is not a contract. It is a framework loosely binding agreement. We will take them serious when contracts are signed. Also transporting LNG to the North is a crazy idea. If the plan is to use trucks that will carry LNG to a new regasification plant, the idea needs a lot of study.

1 Like

Re: FG Signs $1bn Mou On 1,000MW Plant by ajayiopy: 9:58pm On Nov 29, 2014
State like kastina does not need gas powered plant,it would have better if solar powered plant was adopted,why do we need to buy gas from Niger when we has gas flarring in Niger delta. Misplacement of priorities , I wonder how Nigerian leaders think,

4 Likes

Re: FG Signs $1bn Mou On 1,000MW Plant by biodunid: 9:59pm On Nov 29, 2014
Exporting What We Don't Produce and Importing What we Flare Since 1960!

Following the bright idea of bringing in refined oil products from Niger we now move on to importing natural gas from Niger while we continue flaring gas in the Delta and leaving gas in the ground. Such progress under GEJnomics! Yet even this is touted as a policy success!

At least the North is weaning itself off moribund naija. It has its own army (cJTF), its regional economic and energy linkages and its emirs rule kingdoms that span beyond naija. I hope Tinubu and his boys are learning how it is done.

We need an LNG regassifier at Egbin and all along the SW coast to deliver the more than 20,000MW the SW needs for prosperity. We need to accelerate development of the LEKOIL field and Aje even as we need to accelerate exploration on and offshore the SW. Ondo fields need to be optimally exploited. Bitumen can't be allowed to waste any longer. Oodua moneybags should pour their billions into these areas.

The bluff of the ND should be called and we should be the ones to propose the amicable break up of what was the Blackman's best hope for redemption. We can restart from zero and ally with like minded people in Bendel, Benin Republic, Togo, Ghana etc if we think we need scale. All we have gotten for five decades from being part of this nation has been abuse and retardation. We should leave oil and governance to those who believe they own both.

3 Likes

Re: FG Signs $1bn Mou On 1,000MW Plant by KingAdeOluomo1(m): 10:00pm On Nov 29, 2014
Re: FG Signs $1bn Mou On 1,000MW Plant by slightlyMad(f): 10:01pm On Nov 29, 2014
part of austerity measures, why cant they just pay it up with a little fraction of the $12 Billion
Re: FG Signs $1bn Mou On 1,000MW Plant by Kingkamal(m): 10:02pm On Nov 29, 2014
170 billion just for 1000 MW. FG are highly senseless in their corruption...

3 Likes

Re: FG Signs $1bn Mou On 1,000MW Plant by lonelydora: 10:02pm On Nov 29, 2014
Seun:
What's a MoU and what does it mean in the practical sense?
Why are u not celebrating 1st to comment?

Back to the news, all these signings, when r we going to see it happen?

Well GEJ until APC get sense.

1 Like

Re: FG Signs $1bn Mou On 1,000MW Plant by holatin(m): 10:03pm On Nov 29, 2014
weldone fg.
but it's too late to impress us.
just another campaign things.
Brother jona ! we are tired of you in nigeria
Re: FG Signs $1bn Mou On 1,000MW Plant by Nobody: 10:03pm On Nov 29, 2014
Seun:
Pls explain what it means practically if you know the answer.. Of what practical benefit is the MOU to Nigerians?? What has actually happened beyond the spewing of words for press coverage?

Do I spy dissatisfaction?

2 Likes

Re: FG Signs $1bn Mou On 1,000MW Plant by 100Cents: 10:03pm On Nov 29, 2014
Seun:
What's a MoU and what does it mean in the practical sense?


MoU - Michael Okpara University...

3 Likes

Re: FG Signs $1bn Mou On 1,000MW Plant by 100Cents: 10:05pm On Nov 29, 2014
MissMeiya:


Do I spy dissatisfaction?

Everybody is dissatisfied with the Nigerian situation.

Our problems are created by us..

This transcends party affiliation..

2 Likes

Re: FG Signs $1bn Mou On 1,000MW Plant by Alenkakent(m): 10:07pm On Nov 29, 2014
Another avenue to steal billions
Re: FG Signs $1bn Mou On 1,000MW Plant by Willgates(m): 10:09pm On Nov 29, 2014
Seun:
What's a MoU and what does it mean in the practical sense?
Oga seun, even you too, you follow school for France? Them no dey sign Mou for dia?
Re: FG Signs $1bn Mou On 1,000MW Plant by Lacomb(m): 10:12pm On Nov 29, 2014
The Minister of Power, Prof. Chinedu Nebo, who signed the contracts on behalf of the government, said the proposed power project was highly innovative as its promoter, Strancton, working with Katsina State, would use gas from Niger Republic to fire the plant.

What is wrong with this Govt? Gas is been flared in nigeria, then we go ahead to get same gas from Niger Republic,or are they giving us the gass for free?

1 Like

Re: FG Signs $1bn Mou On 1,000MW Plant by Willgates(m): 10:17pm On Nov 29, 2014
bigtt76:
Is it that Nigeria cannot brace herself to build a power plant that can generate more than a thousand MW? All these small small tiger plant den de build about with huge sums of money .....e de bi for dem o angry

abi... Na lion plant sure pass o grin
Re: FG Signs $1bn Mou On 1,000MW Plant by harry509: 10:18pm On Nov 29, 2014
Re: FG Signs $1bn Mou On 1,000MW Plant by usbcable(m): 10:24pm On Nov 29, 2014
Maybe they meant
100,000 MW
its illogical paying 168Billion for 1000 MW.
and by the time its time to pay
$1 would be going for 190 naira.
therefore we will be coughing out 190 Billion dollars for 1 tenth of the power need of Nigeria.
Dont these Ministers think sef angry

1 Like

Re: FG Signs $1bn Mou On 1,000MW Plant by HARDDON: 10:25pm On Nov 29, 2014
Bagani:
Fresh News in Fresh Air
#GEJ till 2019

iBliv! just as fuel scarcity is now a thing of the past, i do bliv, this power issue would be resolved in no distant time too!

1 Like

Re: FG Signs $1bn Mou On 1,000MW Plant by feasy1(m): 10:29pm On Nov 29, 2014
I wish the 1,000MW news was not a MOU but a commissioning news, Nigerians need to help Nigeria, the youth is the hope of this country, we can't continue to do the same thing and expect a different result.

" A life without electricity is a life with limited opportunities"

Femi Adeyemo
Re: FG Signs $1bn Mou On 1,000MW Plant by IbokUtoroh(m): 10:34pm On Nov 29, 2014
[quote author=blemon44 post=28456214]What's electricity?


There's nothing like electricity here in sambisa [/quote




wetin una dey tek shoot all these videos?
Re: FG Signs $1bn Mou On 1,000MW Plant by usbcable(m): 10:34pm On Nov 29, 2014
feasy1:
I wish the 1,000MW news was not a MOU but a commissioning news, Nigerians need to help Nigeria, the youth is the hope of this country, we can't continue to do the same thing and expect a different result.

" A life without electricity is a life with limited opportunities"

Femi Adeyemo
abi oooooo
na MOU sef.
not real electricity
tsheeeeèw
Re: FG Signs $1bn Mou On 1,000MW Plant by enny09: 10:49pm On Nov 29, 2014
time to steal again, same old story.
Re: FG Signs $1bn Mou On 1,000MW Plant by igbo2011(m): 10:50pm On Nov 29, 2014
We need to see the finished then praise until then just another project. Also who will benefit from this the favtories or the people or both?
Re: FG Signs $1bn Mou On 1,000MW Plant by ecel: 10:59pm On Nov 29, 2014
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Re: FG Signs $1bn Mou On 1,000MW Plant by Reference(m): 11:08pm On Nov 29, 2014
Adminisher:
MOU is not a contract. It is a framework loosely binding agreement. We will take them serious when contracts are signed. Also transporting LNG to the North is a crazy idea. If the plan is to use trucks that will carry LNG to a new regasification plant, the idea needs a lot of study.

No they said the gas is coming from Nigeria Republic. I don't know which is more ridiculous. Why must it be gas. Gas. Gas all the time. Can't they exploit the resources abundantly available in those regions. Why are we so thin on ideas in this country. Na wah.

1 Like

Re: FG Signs $1bn Mou On 1,000MW Plant by Reference(m): 11:14pm On Nov 29, 2014
biodunid:
Exporting What We Don't Produce and Importing What we Flare Since 1960!

Following the bright idea of bringing in refined oil products from Niger we now move on to importing natural gas from Niger while we continue flaring gas in the Delta and leaving gas in the ground. Such progress under GEJnomics! Yet even this is touted as a policy success!

At least the North is weaning itself off moribund naija. It has its own army (cJTF), its regional economic and energy linkages and its emirs rule kingdoms that span beyond naija. I hope Tinubu and his boys are learning how it is done.

We need an LNG regassifier at Egbin and all along the SW coast to deliver the more than 20,000MW the SW needs for prosperity. We need to accelerate development of the LEKOIL field and Aje even as we need to accelerate exploration on and offshore the SW. Ondo fields need to be optimally exploited. Bitumen can't be allowed to waste any longer. Oodua moneybags should pour their billions into these areas.

The bluff of the ND should be called and we should be the ones to propose the amicable break up of what was the Blackman's best hope for redemption. We can restart from zero and ally with like minded people in Bendel, Benin Republic, Togo, Ghana etc if we think we need scale. All we have gotten for five decades from being part of this nation has been abuse and retardation. We should leave oil and governance to those who believe they own both.

Stop whinning.You should have done these 40 years ago.

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