So they can't build IPP?

Don't they have faculty of engineering?

But I think they can generate their own electricity....i think that will save cost of it...

What research results have they produced to improve the society?
How have they impacted our society positively?
That is what a thoroughbred academic should talk about instead of blabbing on electricity amount. Was he not planning on paying for electricity? What a corrupt soul?

wonderful.
did u say montly
na auto factory dey dia
abi
liars
thieves

just on electricity.
so na trains .sky scrappers and elevators full dia ba.
ozwo

Statsocial:
To the enemies of the Church that is 240 million/year o. And still the church still covers 2% of the entire budget for the university without receiving a dime as profit! Yet some demon inspired ppl would be screaming that they have stolen their tithe that they did not pay. God bless our Churches for providing great education..

Why are you deceiving your self? is Babcock university an NGO? what about the tuition fees from the students ! story for the gods from the Prof.

[quote author=eTECTIVe post=61851505]Tym for d University to seriously consider generating its own power...[/quote

With.This much expended on electricity ,its better and more profitable to develop thier own power grid system within the university ,prefarably solar or gas generation which will be cost effective at the long run

Spending about N300m anually on electricity,a five year projected power will cost N1.5 billion,food for thoughts!!!

OlujobaSamuel:
that's #240m in a yr, the sch should build an ipp for their use.
all dis our schools that cant even solve internal problem, yet them dey produce graduate for external problem, it is well oo

so what will they us to power the IPP? gas ? diesel? they still need to buy it. and it might even end up costing more, except they go with solar or wind, assuming they have a conducive space.

chukzyfcbb:
20million = school fees of 20-25 Babcock Students.

and you have over 3000students, so I don't see why you are crying oga Vc. Money deyyyy

but sch fees is not monthly, it is usually per session.

zero lies here....d premium nd classic male and female hostels allow fridges and 95% of d population in such halls have fridge so d consumption of electricity is very high...even d light dis semester hasn't been all dat good, they ration btwn d classrooms/offices nd hostels

ernieboy:
so wjar will they us to power the IPP? gas ? diesel? they still need to buy it. and it night even end up costing more, except hwy go with solar or wing assuming they have a conducive space.

the initial cost might be high, but at the long run, it's favourable. 240m in 5yrs is 1.2bn, that should give them an ipp that will cater for their needs.

OlujobaSamuel:

the initial cost might be high, but at the long run, it's favourable. 240m in 5yrs is 1.2bn, that should give them an ipp that will cater for their needs.

am not talking of the initial cost, but the recurrent cost. if they go with gas, we know how volatile supply can be, if they go with diesel it could get v expensive buying diesel to run the plant .

LadyGoddiva:
Only?? CU spends way more on electricity.
And some ignorant, poor fools will come and rant about how expensive private schooling is and how pastors are using them as a money making venture. To provide almost constant electricity is no small feat. If you want quality, you should be ready to PAY!!!

Will u be mine?

LOL, ABU dry pay 90 milla Like 2 years back, few students protested.

The parent church makes that in a day.

That is why the cost of education is on the increase in private schools ,to run the available facilities consume power which is money in Nigeria..if the Govt can provide power am sure things will become reasonable

N20 million per month on power consumption? That can't be right. Either someone is lying OR someone is ripping off the institution. 1-5million+ maybe, but 20Million?? Nope!

Most likely. When 50 bed hospitals get a monthly bill of close to two million and 30 bed hotels get over a million naira in electricity bills monthly then you can expect an establishment housing thousands of residents to be billed eight figures. The cost of doing business in Nigeria is just prohibitive. We certainly cannot make economic progress this way.

ocelot2006:
N20 million per month on power consumption? That can't be right. Either someone is lying OR someone is ripping off the institution. 1-5million+ maybe, but 20Million?? Nope!

What are you saying. I don't think you pay commercial electricity bills in this country. 20 million for a university is massively discounted. I can only say they may have proved a low power density argument.

ernieboy:

am not talking of the initial cost, but the recurrent cost. if they go with gas, we know how volatile supply can be, if they go with diesel it could get v expensive buying diesel to run the plant .

it will never gulp such amount monthly even if it comes with its cost.
are you insinuating that maintaining an ipp is more expensive than national grid/generating plants at #20m/monthly?
I seriously doubt that cost of maintaining ipp is much more than that of generating plants as most firms in the manufacturing sector and livestock farming are now opting for it(for those thaf have the capacity)
Our institutions should start solving technical issues within, that way, they build the society.

fat lie, 20M monthly oga vc go scrutinize ur staff very well or the head of that unit

Lie of d dae

OlujobaSamuel:

it will never gulp such amount monthly even if it comes with its cost.
are you insinuating that maintaining an ipp is more expensive than national grid/generating plants at #20m/monthly?
I seriously doubt that cost of maintaining ipp is much more than that of generating plants as most firms in the manufacturing sector and livestock farming are now opting for it(for those thaf have the capacity)
Our institutions should start solving technical issues within, that way, they build the society.

of course national grid is cheaper than IPP, the only reason people opt for IPP is because of the unreliable nature of the national grid. mind u that that 20m claimed by Babcock may not only be NEPA, it will probably also include cost of running generators when there is no public supply.

Statsocial:
Vice Chancellor of Babcock University, Prof Ademola S. Tayo has stressed the importance of quality in the running of the institution.

He said the university was not-for-profit, hence its provision for work study programme, endowment funds, among other initiatives, to assist indigent students’ access to quality education.

Prof Tayo, who spoke during a visit to Matori, Lagos State Head Office of The Nation newspaper said: “One of our core values is excellence and we would not compromise. But at the same time, because of the philosophy of quality education, we introduced the work-study programme whereby the indigent but diligent students would use their hands to work so that they can augment part of the fees needed to fund their education.

“They work in the cafeteria, library, etc. They get paid and that has helped many of them. We also have parents’ consultative forum where parents partner with management, so that we have a pool of funds that children who lose their parents while in school can have access to, in order to fulfill their dreams. “We also have the ‘adopt a child scholarship’ where we reach out to our host community. Also, we serve as guarantor for parents to access loans for their children’s education. But most importantly, we believe in frugality. Our university is not-for-profit. Nobody shares one naira. It is ploughed back to make the system work better.”

The vice chancellor, who was accompanied by the institution’s management team noted that the institution was being funded solely with earnings from its bakery, Guest House, water factory and other industries, with only two per cent subsidy from its proprietor, The Seventh Day Adventist Church. He added that the university spent about N20 million monthly on electricity.

Prof Tayo noted that the university’s fees were not too high for the services provided, “as it runs 24-hour power supply and the fees also cover tuition, accommodation, laboratory, among other expenses.”

He said the institution will be graduating its pioneer medical students in December, informing that the students have completed their various degrees.

The Medical School, according to him, was establised in 2012.

He said: “One of the areas of excellence that we want to carve a niche in this country is in the area of medicine, which we started in 2012. We have our accreditations from the Medical and Dental Practitioners Council of Nigeria (MDCN) and National Universities Commission (NUC), International Board of Education, National Postgraduate College and the West African College of Physicians. This December, we will turn out our first graduates in the medical school. They have completed their clinical rotation in India.”

Managing Director of The Nation, Mr Victor Ifijeh pledged the organisation’s support for the educational development of the nation, while stressing the organisation’s dedication to objectivity, fairness, integrity and balanced reports.

He lauded Babcock University for its achievements in the education sector, and its swift rise to global standards.

Responding, Prof Tayo acknowledged The Nation for her growth in its ten years of existence noting that “The Nation is a force to reckon with. Your newspaper is always at the forefront. We want to thank God for the role you have played in shaping the public opinion by your accuracy and the way your news are reported”

https://educationexplorersite./2017/10/28/babcock-university-spends-20-million-on-electricity-monthly-vice-chancellor/

20 million is enough to start a mini dam that can generate enough electricity for the university or start a solar system as a back up for power prof

Statsocial:
Adventist are still trying though. Anglicans don't give any dime whatsoever to Ajayi Crowther and of course don't collect anything either. Apostolic faith still gives 300 m- 500m to Crawford annually, Living Faith gives between 1.7 billion - 5 billion annually to Covenant.
Their contributions are still small in comparison with FG funding for the likes of UI which gets 13 billion annually as wage bill and Infrastructure from FG annually which is apart from intervention funds like Tetfund.

That puts the average money govt spends on UI grad per year at over N500,000.00

Aniedi30:
20million lies... how do u expect me to believe these or is it 200.000 naira how possible

it's a fact

ABU Zaria spends 80-90 million naira

Statsocial:
Vice Chancellor of Babcock University, Prof Ademola S. Tayo has stressed the importance of quality in the running of the institution.

He said the university was not-for-profit, hence its provision for work study programme, endowment funds, among other initiatives, to assist indigent students’ access to quality education.

Prof Tayo, who spoke during a visit to Matori, Lagos State Head Office of The Nation newspaper said: “One of our core values is excellence and we would not compromise. But at the same time, because of the philosophy of quality education, we introduced the work-study programme whereby the indigent but diligent students would use their hands to work so that they can augment part of the fees needed to fund their education.

“They work in the cafeteria, library, etc. They get paid and that has helped many of them. We also have parents’ consultative forum where parents partner with management, so that we have a pool of funds that children who lose their parents while in school can have access to, in order to fulfill their dreams. “We also have the ‘adopt a child scholarship’ where we reach out to our host community. Also, we serve as guarantor for parents to access loans for their children’s education. But most importantly, we believe in frugality. Our university is not-for-profit. Nobody shares one naira. It is ploughed back to make the system work better.”

The vice chancellor, who was accompanied by the institution’s management team noted that the institution was being funded solely with earnings from its bakery, Guest House, water factory and other industries, with only two per cent subsidy from its proprietor, The Seventh Day Adventist Church. He added that the university spent about N20 million monthly on electricity.

Prof Tayo noted that the university’s fees were not too high for the services provided, “as it runs 24-hour power supply and the fees also cover tuition, accommodation, laboratory, among other expenses.”

He said the institution will be graduating its pioneer medical students in December, informing that the students have completed their various degrees.

The Medical School, according to him, was establised in 2012.

He said: “One of the areas of excellence that we want to carve a niche in this country is in the area of medicine, which we started in 2012. We have our accreditations from the Medical and Dental Practitioners Council of Nigeria (MDCN) and National Universities Commission (NUC), International Board of Education, National Postgraduate College and the West African College of Physicians. This December, we will turn out our first graduates in the medical school. They have completed their clinical rotation in India.”

Managing Director of The Nation, Mr Victor Ifijeh pledged the organisation’s support for the educational development of the nation, while stressing the organisation’s dedication to objectivity, fairness, integrity and balanced reports.

He lauded Babcock University for its achievements in the education sector, and its swift rise to global standards.

Responding, Prof Tayo acknowledged The Nation for her growth in its ten years of existence noting that “The Nation is a force to reckon with. Your newspaper is always at the forefront. We want to thank God for the role you have played in shaping the public opinion by your accuracy and the way your news are reported”

https://educationexplorersite./2017/10/28/babcock-university-spends-20-million-on-electricity-monthly-vice-chancellor/

While university of jos spends about 26million

ernieboy:

of course national grid is cheaper than IPP, the only reason people opt for IPP is because of the unreliable nature of the national grid. mind u that that 20m claimed by Babcock may not only be NEPA, it will probably also include cost of running generators when there is no public supply.

i'm referring to both, not national grid in isolation. we all know national grid is the cheapest form but it's everything but reliable here in our clime, however, the mgt incurring 240m/yr is a poor financial decision in this age when they could have gotten a better alternative.
if some manufacturing firms and livestock farms can run an ipp, a citadel of knowledge spending 240m/yr for power(generator/national grid) isn't encouraging.
My point isnt just about the sch in question, but all our tertiary schs, ABU once claimed to spend 90m/month for power too, the VC then said they will have to invest in ipp, i seriously doubt it was given any significance beyond the paper it was written on.

ReorxTohGan:
nobi today wey yansh don dey back....naso so my scul mgt. dey claim seh 'em use 50mil. erect scul gate as a project!!...university yaff turn to LIEversity!!

it should be more than 20 million I happen to b amongst d diesel monitoring committee in a reputable institution and I know how much is spent on power daily, we should hold the government responsible for failing to provide power , and after spending 20 m NEPA go still bring bill of 12 million , this is not exergeration d cost of running a university nor b beans I dey laff people way dey say may dem reduce private university fees ,its not possible

This figure seems to be exaggerated. First of all, how much is a tanker of diesel? Lets say a total volume of 30,000liters of diesel, they buy to power the sch for 24hrs.
Guys in the house that know much about diesel cost can support with this calculation.

Does the school have factories? And i don't mean pure water factory. I mean manufacturing (beverage, food etc) or at least a water treatment plant that is standard. This is only when that figure is convincing.

From a layman point of veiw, some laboratory equipment (that doesn't run 24hrs), some water pumps, HVAC, cookers and regular office/home appliances can't zap that much PER month. Do the do overhaul every month?

Or they just trying to justify their humongous sch fees? I am not understanding...

I'm not surprised.


My neighbor and I will be paying N20,000 as electricity bill this month. Mind you, I have not seen light since Monday due to a faulty transformer. The implication of this is that I have been running an alternative power. So far, I have been able to manage N3500 worth of fuel (Monday - Saturday; less than 6 hrs per day).

Now this is just an individual. For an entire university that operates 24/7, N20m is an understatement.

I know a small company (laboratory) in Lagos where they spend about N5000 daily on diesel. Funny thing is whether you enjoyed supply from national grid or not, you must pay the over-bloated estimated bill at the end of the month. The firm deals on chemicals and samples that need to be preserved 24/7, so they can't afford to lose their clients due to the stup!d!ty of national government.

Unlike public institutions where some doctors operate patients with candles and kerosene lamp, Babcock is a private christian uni with a teaching hospital; so when they tell you the exact amount the institution paid on electricity, don't doubt without proper information.