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Nairaland Forum / Nairaland / General / Politics / Sokoto Test Runs Independent Power Project (Pics) (32802 Views)
Fashola Inspects 450 MW Azura Independent Power Plant In Benin (Photos) / Governor Wike And Duncan Mighty Inspecting Ongoing Rivers State Project - Pics / Ganduje Inspects Kano Independent Power Project (2) (3) (4)
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Re: Sokoto Test Runs Independent Power Project (Pics) by omonnakoda: 7:41pm On Dec 01, 2016 |
Donbigi2:You have given half an answer. What is the cost of production per unit ? |
Re: Sokoto Test Runs Independent Power Project (Pics) by ernieboy(m): 7:42pm On Dec 01, 2016 |
Donbigi2:here is a more comprehensive analysis. the current cost of elec in Nig. is about 19 naira. but remember that both transmission and distribution have a cut in that 19 naira but for the purpose of simplicity let's assume the gen plant gets the entire 19 naira per kW. cost of 1 mW of power------ 19 x 1000(1000 kW make 1 mW)=19000 naira cost of 38 mW daily output------- 38 x 19000=732000 naira per day cost of diesel 33000 litres @ 100 naira per litre( conservative subsidized estimate)------33000 x 100=3,300,000 daily bottom line------- daily revenue(732000) - daily cost (3.3 million) = -2,568,000 (daily loss) note this analysis is based on the gen plant getting the entire 19 naira per kW which is not possible because trans and distribution will collect a cut also the analysis is based on a subsidized 100 per litre of diesel. 1 Like |
Re: Sokoto Test Runs Independent Power Project (Pics) by Blue3k(m): 7:42pm On Dec 01, 2016 |
blackprowler: Dude get a clue. The IGR In the north is lowest of any region. Second yes people would get cut either way due to royalty check if federal government didn't hold exclusive domain over land and mineral resources. Stop lying to yourself. The north has highest poverty rates, lowest standard of living, lowest GDP, lowest gdp per capita, lowest IGR, lowest igr to Allocation ratios. Ps: I find allocation system to be bad system because it enables laziness especially the laggard north. Fiscal federalism would be better. 1 Like
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Re: Sokoto Test Runs Independent Power Project (Pics) by crisycent: 7:46pm On Dec 01, 2016 |
SBG04: Good idea if the people can pay right? Have you asked yourself why the FG haven't done the same? |
Re: Sokoto Test Runs Independent Power Project (Pics) by MeAboki(m): 7:49pm On Dec 01, 2016 |
Blue3k: Chai! chai! I no know say na shop boy I dey argue wit - see your level. Dem tell you say na northerners dey generate de revenue and you dey talk rubbish. What a waste of my time. 1 Like |
Re: Sokoto Test Runs Independent Power Project (Pics) by MeAboki(m): 7:53pm On Dec 01, 2016 |
mmsen: And beg to ask what technology have you created yourselves (not imported) in your enclave that made you more productive? |
Re: Sokoto Test Runs Independent Power Project (Pics) by shotster50(m): 7:55pm On Dec 01, 2016 |
Some positive news in the midst of the negativity tsunami threatening to drown Nigeria |
Re: Sokoto Test Runs Independent Power Project (Pics) by blackprowler: 7:56pm On Dec 01, 2016 |
Blue3k: You don't get it and I don't blame you. You belong to the 99.9999% so for you to get it would be the miracle. If you're willing to widen your vista, I would be glad; otherwise, if you got it all figured out and can never see otherwise, then good luck. Afterall, that's why Nigeria is dying in the first place |
Re: Sokoto Test Runs Independent Power Project (Pics) by Blue3k(m): 7:57pm On Dec 01, 2016 |
MeAboki: The northern business men do and keep profit. Then tax revenue is shared to state government who didn't have involement in projects. Your arguements is essentially if person from northern states generate money in south. The federal government should take majority of tax revenue and share it with states have nothing to do with process. Your arguements is dumb. Try an use reason. Person from Abia starts diamond mine in Borno. That means in your head the federal government should take majority of tax revenue and share it with OYO, Abia, and rest of states. NE just deserves bigger chuck. That's a dumb concept. That's why fiscal federalism better model. It stop paradites from looking for tax revenue generated outside state. The statte, local gov and, lfederal government take their cut. The rest of states figure out way to become productive. Ps: the oil block thing. I don't know if it's really true. The articles don't seem credible. I'd rather have politicians, minister or government source. (Ng.gov) 1 Like |
Re: Sokoto Test Runs Independent Power Project (Pics) by Blue3k(m): 8:01pm On Dec 01, 2016 |
blackprowler: Lol stop running your mouth if you can't back up points about north being economic engine. The are laggard region. You also make point about allocation which o debunked. Now don't mention me again if you want to defend parasite system that ecourage laziness. If you have no futher point don't points don't mention. If you do present them here or make topic. 1 Like |
Re: Sokoto Test Runs Independent Power Project (Pics) by ELKHALIFAISIS(m): 8:11pm On Dec 01, 2016 |
Just ordinary 38kw that can't even power my entire house.... Buhari is a cow |
Re: Sokoto Test Runs Independent Power Project (Pics) by MeAboki(m): 8:19pm On Dec 01, 2016 |
Blue3k: It is obvious you do not understand how the revenue you love to take credit for is generated. The Nigerian govt leases out oil blocs to companies who in turn produce the crude oil and pay the FG royalties (taxes) for this oil, which is goes into the federation account that is subsequently shared out between the states using an agreed formula backed by law. The FG merely sits there like a landlord collecting rent that it shares within its family members. Northerners who own some of these oil well are part of those generating this wealth; while southerners like you contribute nothing but sit under the mango tree sipping ogogoro and calling others lazy and parasites - pls tell me how are you guys responsible for this generated revenue? |
Re: Sokoto Test Runs Independent Power Project (Pics) by Blue3k(m): 8:27pm On Dec 01, 2016 |
MeAboki: Then federal government dolls out money to useless northern son right. You explanation still shows it is parasites system. The federal government tax majority then shares it with all the states in break down formula. The states that produce get biggest allocation just like my example. The other states that nothing to do with tax generation get money like welfare queen's. My diamond example showed reality same because Nigeria government has exclusive dominan overy mineral resource. I assume diamonds are included. Please stop clowning the south also boast better igr then the north aswell. The south has better GDP number's, per capita, less poverty, better igr to allocation ratio. The south is more productive. Northern states produce least and receive money like useless children then talk about their more successful brother bringing money to house. ELKHALIFAISIS: Why mention Buhari if he has nothing to do with this. Btw it's 38 mw not kw. It's seem like good start. I don't think it will power wholeveling state like article states but we'll see.
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Re: Sokoto Test Runs Independent Power Project (Pics) by MeAboki(m): 8:42pm On Dec 01, 2016 |
Blue3k: Opunu! everything you talked about: IGR, GDP etc are all related to the oil revenue being locally generated by northern oil bloc owners while you greedy, lazy and parasitic lot do fvck all. |
Re: Sokoto Test Runs Independent Power Project (Pics) by Charly68: 8:45pm On Dec 01, 2016 |
Is this not the type Redeem Camp is using .? It really looks alike |
Re: Sokoto Test Runs Independent Power Project (Pics) by Blue3k(m): 8:51pm On Dec 01, 2016 |
MeAboki: Lol no its not. The igr is not dependant on northern block owners. Hence why kano in top 10. Second lagos is number one because oil nope. Another failure on your part. You keep switchin points. I proved the north generates least economicly now you hide failures. Why is Anambra on top ten in igr. Quit talking nonsense and think. North is laggard region because you're pathetic lot hates facts and reason. They need to invest in educating so you children don't grow up to be mouth breathers like yourself. Your myopic world view makes you think every economic development is all about oil. 1 Like |
Re: Sokoto Test Runs Independent Power Project (Pics) by MeAboki(m): 8:56pm On Dec 01, 2016 |
Blue3k: I guess you have never heard of cascade or multiplier effect - go figure. |
Re: Sokoto Test Runs Independent Power Project (Pics) by Blue3k(m): 9:08pm On Dec 01, 2016 |
MeAboki: Allocation money doesn't count towards multiplier effect because it transfer payment. As usual both your points are stupid. Now your using terms you dont understand. All the states received revenue and northern region recieving most in aggrigate. Second neither of those two things explain why those states out do the north. The multiplier effect has nothing to do with economic growth of south vs north because we both opperate under same banking rules. The multiplier effect is the expansion of a country's money supply that results from banks being able to lend. Second term could be fiscal multipler your thinking where government spends money. The Allocation money is transfer payment. It wouldn't count towards multiplier. Cascade an inevitable and sometimes unforeseen chain of events due to an act affecting a system. 1 Like |
Re: Sokoto Test Runs Independent Power Project (Pics) by ELKHALIFAISIS(m): 9:10pm On Dec 01, 2016 |
Blue3k:well 38kw is not bad for a state, that only 10% of it citizen can afford Home appliances... |
Re: Sokoto Test Runs Independent Power Project (Pics) by 1wolex85: 9:11pm On Dec 01, 2016 |
Donbigi2:Sir, the gencos sell tobthe discos. The problems you highlighted about payments are disco issues not genco |
Re: Sokoto Test Runs Independent Power Project (Pics) by 1wolex85: 9:13pm On Dec 01, 2016 |
crisycent: This your analogy doesnt fit here. Just accept you dont know how much gencos sell to discos and stop jumping to conclusions |
Re: Sokoto Test Runs Independent Power Project (Pics) by Blue3k(m): 9:14pm On Dec 01, 2016 |
ELKHALIFAISIS: I guess that might be true I didn't take that into consideration. It's actually 38 mw. You also have to think about industry aswell. Oh well best of luck to them either way. I mean akwa ibom wit 100 mw can't get 24hr power that's place has 5 million population. |
Re: Sokoto Test Runs Independent Power Project (Pics) by 1wolex85: 9:17pm On Dec 01, 2016 |
ernieboy: Kilowatt hour, you need to multiply your daily revenue by 24. |
Re: Sokoto Test Runs Independent Power Project (Pics) by ELKHALIFAISIS(m): 9:22pm On Dec 01, 2016 |
Blue3k:which industry the only industry in north is Kaduna textile mill and it's no longer functioning.. unless those kunu industries will be making use of the power 1 Like |
Re: Sokoto Test Runs Independent Power Project (Pics) by frisky2good(m): 9:22pm On Dec 01, 2016 |
Dem just take money go buy big generator |
Re: Sokoto Test Runs Independent Power Project (Pics) by MeAboki(m): 9:24pm On Dec 01, 2016 |
Blue3k: Bullcrap! You write lengthy poor grammar with no intelligence at all - you should be ashamed of yourself for lacking the concept of even the most basic of terms such as cascade/multiplier effects. Why should I bother bother arguing with a brick wall. |
Re: Sokoto Test Runs Independent Power Project (Pics) by Blue3k(m): 9:32pm On Dec 01, 2016 |
MeAboki: The multiplier effect has nothing to do with transfer payments such as allocation money. Stop using terms you dont know. You embarrass yourself enough. Both terms were correct. The multiplier effect and cascade effect have nothing to do with why south is economic engine of nigeria. Allocation doesn't have anything to do with multiplier. The money goes to state govenment as tax revenue not to business or individuals. Explain why you are using terms you dont understand. We are talking about allocation. I left definitions I could find. http://www.dictionary.com/browse/multiplier-effect An effect in economics in which an increase in spending produces an increase in national income and consumption greater than the initial amount spent. For example, if a corporation builds a factory, it will employ construction workers and their suppliers as well as those who work in the factory. Indirectly, the new factory will stimulate employment in laundries, restaurants, and service industries in the factory's vicinity. https://en.m.wikipedia.org/wiki/Cascade_effect A cascade effect is an inevitable and sometimes unforeseen chain of events due to an act affecting a system. http://www.investopedia.com/terms/m/multipliereffect.asp#ixzz4RcbNDZNU What is the 'Multiplier Effect' The multiplier effect is the expansion of a country's money supply that results from banks being able to lend. 1 Like |
Re: Sokoto Test Runs Independent Power Project (Pics) by MALBMAJOR: 9:49pm On Dec 01, 2016 |
Lng lv de north sai BUHARI |
Re: Sokoto Test Runs Independent Power Project (Pics) by crisycent: 9:53pm On Dec 01, 2016 |
1wolex85: Tell me how much they sell and let's analyse it here. |
Re: Sokoto Test Runs Independent Power Project (Pics) by GoodMuyis(m): 10:05pm On Dec 01, 2016 |
obailala: Some Dark power with dark mind operating from the dark room are involved, You think na natural occurrence for $24 Billion to Disappear w/o improvement |
Re: Sokoto Test Runs Independent Power Project (Pics) by Dhugal: 10:45pm On Dec 01, 2016 |
obailala:Over #9b fueling cost in 5yrs,at a constant of #150/litre. Not sustainable |
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