Ibime:
This report is false and the author is mixing up Naira and dollars.

How will Nigeria who operate on a budget of roughly $30bln per year be due over $88bln from neighbours for two years worth of electricity supply.

That means our budget can be covered by just selling electricity to neighbours.

I believe the 88bln is a Naira amount, not a dollar amount. Both the journlist and his editor should be flogged for this.

On another note, I believe selling electricity to neighbours was one of the stipulations that came with damming the river at Kainji. Usually when you dam a river, you come to some arrangement with your neighbours.

Omooba77:


Are they not supposed to pay for what they bought. We know the narrative about maximizing dams. If they don't pay how do we maintain the turbines and other accessories.

FakeMillionaire:
9ja matter tire me.....i enter Paris and i asked d hotel manager weda dem dey take light for d hotel,d man luk me nd asked which country i come frm and i say 9jeria....he laughed and said "when God said let there b light nigeria was not among" i jus faint.

Openbusiness4:
Where are those NDDC anti-corruption crusaders oh?

$81.48 billion = N38 trillion naira approx.

Where is your outrage? Where is your voice against this monumental ineptitude and mind-blowing staggering corruption. If a common Nigerian citizen as much as owe Nepa bill of N10K, dey will bring ladder and cut your light. As a prepaid meter user, once d units finish, light don go b dat. NEPA has never recharge my meter on credit before. Na money before service. Where is your rage and call for probe and punishment? I'm not supporting corruption, never have, never will. But I will never support chasing after small thieves and leaving the bigger thieves to continue stealing this country to death.

N38 trillion naira minus 90 billion naira = N37,910,000,000,000 trillion naira.

Where are those one-sided Buhari anti-corruption fighters? Come and see another one oh. We have not even talk about the 48 million barrels of oil that has been siphoned to China. That's the one we know oh, what of the ones we don't know.

Bassa1:
It's in naira not dollar, d ops definitely made a mistake.

onlyfacts:


Op I am not impressed with this your post.

Do you know the origin of river Niger?

It originates or starts from GUINEA, passes through MALI, NIGER, BENIN REPUBLIC before entering NIGERIA.

We are the last bus stop for the river, hope you know the implications of that?

We are able to have light because of the kanji dam we built along that river. Guinea, Mali, Niger and Benin Republic can also build dams along the Niger river that passes their countries but if they do, the kanji dam won't have enough water in its dam to generate hydroelectricity. So to prevent these countries from damming the Niger river in their countries, Nigeria must distribute a portion of its kanji dam electricity to them, which they in turn will pay for.

These your post in misleading to people who don't understand this.

ZooOga:
I never see or hear about big boys from the Republics of Togo, Niger and Benin flossing in Dubai.

I'm sure dey have corrupt looters and 419ers also but I have never seen it in the news.

And bleep Malami for protecting the cabal.

Ibime:
This report is false and the author is mixing up Naira and dollars.

How will Nigeria who operate on a budget of roughly $30bln per year be due over $88bln from neighbours for two years worth of electricity supply.

That means our budget can be covered by just selling electricity to neighbours.

I believe the 88bln is a Naira amount, not a dollar amount. Both the journlist and his editor should be flogged for this.

On another note, I believe selling electricity to neighbours was one of the stipulations that came with damming the river at Kainji. Usually when you dam a river, you come to some arrangement with your neighbours.

chukemmang:
If person tell me say no be mental problem dey worry Nigerian government, I no go gree.

You never give your country light but you dey give other countries light on credit.

Nigeria dey burn due to insecurity from bokoharam, bandits and Fulani herdsmen yet the imb*cile travel go Mali to make peace.

Is all this not madness? Why do we have lunatics running the affairs of Nigeria?

Why have Nigerians voted lunatics to run their country?

Does it mean Nigerians are likewise lunatics?

SUFFERInSMILIIN:


Illiterate stupid and poverty are the problem with Nigeria not the government. If you put a Nigerian in a developing country the first thing they will do they will go and vote for a Nigerian criminal to lead them and as their suffering they are smiling opening their big mouth day at the giant of the world

pacespot:
nigeria indeed is surrounded by poor neighbours, if our economy starts booming tomorrow, we will be faced with a lot of immigration issues

Omooba77:

The origin is Futa Jallon highland in Guinea.. If my Geography still serve me right

onlyfacts:


Yes it originates in the Guinea Highlands in southeastern Guinea, so that should tell you we don't own a monopoly to the resources of the NIGER RIVER, the kanji dam electricity generation being one of them.

SUFFERInSMILIIN:


There is something which is surprising me why doesn't the government just sell the people to other countries instead of selling the wealth of the country to the world