aribisala0:
Pipeline length from gas source is not the issue if it was people would not invest billions in LNG which more than doubles the price. There are dozens of factors to consider and to somehow make that the most important is strange

I do not see the logic about how this reduces vandalism?

Vandalism again is a multifactorial issue bjut primarily it has to do with PEOPLE and the MOTIVATION for their action chief of which is unemployment which derives partly from poor education and training as well as the politics of the Nigerian question.
Afterall there are pipeline all the way to Ghana.There are pipelines from Russia to Europe longer than Nigeria.
If Nigeria were to industrialize there must be gas pipelines across the whole country even if not for power plant for cooking or are we to cook with kerosene for ever while Europeans cook comfortably with Nigerian gas? Even countries that have no gas AT ALL and use NIGERIAN GAS have extensive pipelines.

It is not pipeline length that is the issue. Gas pipes are very very deep compare to oil or petrol and are often vandalized at source or
pumping stations
We need to always look at the big picture.

Even if you have power plants in Akwa Ibow what about the electricity generated will it not enter a transmission network.Could that not be vandalized if the motivation to do that is there ? Why is that motivation so high in Nigeria and not in Qatar or Algeria?

Obi1kenobi:


The North has some major hydo-electric projects coming on-stream doesn't it? They also have a comparative advantage in utilizing solar and wind power compared to the South. Pipelines are expensive to lay for thousands of miles and I'm not sure why they'd be building gas-powered thermal plants without factoring the logistics of gas supply.

Obi1kenobi:


As always, not a surprise, he reveals the root of his weird fury.
Again, posting some comment on a forum while on the move doesn't entail that I have to spend my time rehashing online documents to bolster my argument. You're free to disagree with my claims and free to refute them (even though foaming in the mouth like a rabid dog while shouting "IPOB" doesn't count as a rebuttal) yourself, but as I already said, you're entitled to what you believe. There a million and one articles online critiquing the inflated costs of Nigeria's infrastructural projects, including from international observers. Whenever you can wipe the foaming dribble off your mouth and breathe normally, you can find them. I have no interest in indulging keyboard warriors today.

deomelo:




That cost the LASG N29 billion which they have or almost recouped from toll fees.


You can not reach any kind of conclusion per the cost of projects without sensible and critical analysis concerning every cost aspect of the project involved from cost of land to cost of equipment and machinery, importation and transportation of machinery and equipment that we obviously doesn't manufacture, cost of local and imported labor and if I might add, there is still the cost of added 58 kilometres transmission line that you obviously overlooked.


Bring forth your documented cost analysis per this project and your so called similar projects in the same business and cost environment for us to analyze and compare, until you are able to do that, you are just spewing breeze, ignorance and baseless assertions.

chloride6:
540MW at $1 billion?

Corruption will not kill us in this country.

There are even reports of less than $1 million per Mega Watts plants being constructed.

Nigeria, change your ways

Obi1kenobi:


As always, not a surprise, he reveals the root of his weird fury.
Again, posting some comment on a forum while on the move doesn't entail that I have to spend my time rehashing online documents to bolster my argument. You're free to disagree with my claims and free to refute them (even though foaming in the mouth like a rabid dog while shouting "IPOB" doesn't count as a rebuttal) yourself, but as I already said, you're entitled to what you believe. There a million and one articles online critiquing the inflated costs of Nigeria's infrastructural projects, including from international observers. Whenever you can wipe the foaming dribble off your mouth and breathe normally, you can find them. I have no interest in indulging keyboard warriors today.

arinzeejikonye:


The cost is even better than that azura edo ipp,

Awarded at same $1 billion in 2014, for 450 mega watts

arinzeejikonye:


The cost is even better than that azura edo ipp,

Awarded at same $1 billion in 2014, for 450 mega watts

COMPAQ:



Can you guys chill!! Funny thing is both of you are correct. Yes contracts are inflated in Nigeria for corrupt reasons, but even if you exclude corruption, similar projects in Nigeria would cost considerably more than the equivalent in Europe cos we indeed lack efficient logistics, manpower, industrial base, manufacturing capacity etcs

Can you imagine the cost of clearing and transporting a turbine from Lagos to Kano? I could probably get the same turbine from Korea to UK in half the time and half the cost.

arinzeejikonye:


The cost is even better than that azura edo ipp,

Awarded at same $1 billion in 2014, for 450 mega watts

chloride6:


That is still no excuse for such inflation.

Desyner:


I disagree. Take Kaduna refinery for example, The distance of the pipeline carrying unrefined fuel there makes it super easy for vandals to come in vandalize it. If that same refinery was located in Warri it would be much more difficult for vandals to have the space required to vandalize so often.

arinzeejikonye:


The cost is even better than that azura edo ipp,

Awarded at same $1 billion in 2014, for 450 mega watts

LAGOS, Jan 21 (Reuters) - Nigeria’s Azura Power Holdings Ltd said on Thursday it had raised $876 million for its power plant in the southwest of Africa’s most populous nation and that construction was set to commence.

Azura, along with its founder and majority shareholder Amaya Capital, said lenders for the independent power plant (IPP) in Edo state included Siemens Bank, Standard Bank, CDC and the International Finance Corporation, an arm of the World Bank.

“The $876 million transaction is the first of a new wave of project-financed greenfield IPPs currently being developed in Nigeria,” said Azura in a statement.

“The financing of the Azura-Edo IPP involves US$190 million of equity and US$686 million of debt from a consortium of local and international financiers,” it added.

The Azura-Edo IPP consists of a 450MW open cycle gas turbine power station and a transmission line connecting the power plant to a local substation and an underground gas pipeline connecting the power plant to Nigeria’s main gas supply.

The company said the project represents the first phase of a 1,500MW power plant facility which is targeted to come on stream in 2017 and supply more than 12 million people in Nigeria.


https://af.reuters.com/article/commoditiesNews/idAFL8N1552JE

deomelo:
[s][/s]



So, you are basically agreeing with me that your rubbish was just another meaningless word of mouth ignorance not based on facts, sane and rational thoughts?

You know all about cost for similar projects in other countries, but you still can not show us 1 single documented facts about the same similar projects in the same other countries you listed.

Agin, confine your ignorant and baseless analysis to your co low info consuming Igbos on NL.

Blue3k:


Make it 3 the project supposed to be ready 2021.

deomelo:





$876 million, not $1 billion.


These are not your generic FG/Corrupt/ and inflated projects, these are private projects financed by reputable banks, reputable contractors with their I's and T's doted from accurate estimates to cost supervisions.

Obi1kenobi:

If one has fufu for brains, I can see why that may be what would be deduced from my post. Back in the real world, I've simply said I have no desire for anything more tedious than commenting here.



Yes, I cannot show you because I don't feel like it.
Why are you so angry and foaming in the mouth, bruh? These IPOB boys have clearly done some twisted things to you to get you this rabid and consumed with hate.

Blue3k:


So building new 58 kilometres transmission line wouldn't increase cost any? Like arinzeejikonye said other projects had around same cost like Edo Azure IPP at 1 billion dollars. That plants capacity is 450 MW.

COMPAQ:



Can you guys chill!! Funny thing is both of you are correct. Yes contracts are inflated in Nigeria for corrupt reasons, but even if you exclude corruption, similar projects in Nigeria would cost considerably more than the equivalent in Europe cos we indeed lack efficient logistics, manpower, industrial base, manufacturing capacity etcs

Can you imagine the cost of clearing and transporting a turbine from Lagos to Kano? I could probably get the same turbine from Korea to UK in half the time and half the cost.

deomelo:





Based on what? Are you a power plant engineer or expert or it's the same NL look and comment without facts?

UfuomaUN:
The guy on the first page abusing another poster for criticising what seems to be another inflated contract is one of the many reasons Nigeria is like this. When people don't ask questions of the govt, they keep taking us on a ride. That's how Ameachi abandoned monorail cost over $240m without nearing 60% completion

shervydman:

It's alright.....@deomelo, obi is totally correct. U spend about $1000 for 1kw( gas powered ). Here's a proof.

Spylord48:
Signing of MOU isn't the problem. The problem is will the project be actualized or will they commission it on paper as usual?