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Nigerian Government Spent Over $50billion To Generate (minus) -423MW - Politics - Nairaland

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Nigerian Government Spent Over $50billion To Generate (minus) -423MW by IDEKEALUMONA(m): 11:58am On May 23, 2015
Something is fundamentally wrong with Nigeria.

THREE GORGES DAM:The world's largest hydroelectric power plant, located in China,was completed and became fully functional in 2012 at the cost of $26billion.It has a generating capacity of 22,500MW.

In the past 16years, Nigeria has spent over $50billion on power.

Q)what's the result of this huge sum on our power generation?

Ans) -423MW

Q)How?


Ans) In 1999,power generation stood at 1750MW,today, it stands at 1327MW
therefore,
1327-1750=-423.

In summary, Chinese government spent $26billion to generate 22,500MW of electricity whereas, Nigerian government spent over $50billion to generate (minus) -423MW of electricity.

What a country?

2 Likes

Re: Nigerian Government Spent Over $50billion To Generate (minus) -423MW by real1ne(m): 12:01pm On May 23, 2015
#Keep Calm Buhari is Taking Over

2 Likes 1 Share

Re: Nigerian Government Spent Over $50billion To Generate (minus) -423MW by IDEKEALUMONA(m): 12:10pm On May 23, 2015
real1ne:
#Keep Calm Buhari is Taking Over
Let's see what Buhari can do.
Re: Nigerian Government Spent Over $50billion To Generate (minus) -423MW by derolemode(m): 12:11pm On May 23, 2015
Solution: Revolution
Re: Nigerian Government Spent Over $50billion To Generate (minus) -423MW by SkyBlue1: 12:20pm On May 23, 2015
derolemode:
Solution: Revolution

Thought that already happened - it was called elections.
Re: Nigerian Government Spent Over $50billion To Generate (minus) -423MW by CecyAdrian(f): 12:38pm On May 23, 2015
embarassed
These people do not have conscience cry
Re: Nigerian Government Spent Over $50billion To Generate (minus) -423MW by olasmith10(m): 12:42pm On May 23, 2015
its d result of wasteful leadership and docile followers
Re: Nigerian Government Spent Over $50billion To Generate (minus) -423MW by Smooyis(m): 12:50pm On May 23, 2015
Its a matter of days now before may 29. If Gmb genuinely tackles corruption two-third of our problems are gone. Lets stop lamenting. We should look forward for the change we all desire by praying for the incoming govt to remain focussed while in power.
Re: Nigerian Government Spent Over $50billion To Generate (minus) -423MW by JingoOAU(m): 1:00pm On May 23, 2015
We the Nigerian people are the most useless on earth. We believe whatever these thieves called politicians are doing are always right. Even if these politicians put knives on our neck, we still believe they are saint..

I can't believe some moronic useless fools can still be supporting PDP despite what they did right frm 1999...bigotry and ethnic jingoism has beclouded our sens of reasoning and judgment.

May thunder strike dead all the politicians, who has mortgaged our future for their wives, their children and their fans

1 Like

Re: Nigerian Government Spent Over $50billion To Generate (minus) -423MW by IDEKEALUMONA(m): 1:46pm On May 23, 2015
JingoOAU:
We the Nigerian people are the most useless on earth. We believe whatever these thieves called politicians are doing are always right. Even if these politicians put knives on our neck, we still believe they are saint..

I can't believe some moronic useless fools can still be supporting PDP despite what they did right frm 1999...bigotry and ethnic jingoism has beclouded our sens of reasoning and judgment.

May thunder strike dead all the politicians, who has mortgaged our future for their wives, their children and their fans

Probably because people don't know what obtains elsewhere

1 Like

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