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denex
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Well, the good thing is that over the decades when coal was as cheap as $10 per ton, we did not exploit ours but now that world reserves have depleted, it's $80 per ton and by the time we are fully mining ours, we may be selling it to a market of scarcity at prices of about $100 per ton.
But the thing is that we have to start massive excavation of coal before 2010 because if Europe, America and Asia do not find new sources of coal as soon as possible, they will start shutting down heavy coal machinery and power plants, turning to other forms of energy.
Anyway, that still pays us since it means we can buy these machinery and powerplants cheaply for use with our coal.
Coal is voraciously consumed in the developed world O! Na only for Africa we don see coal finish.
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Xris74
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Debosky,
Do you forget that Abia and Imo are oil-producing and oil significant reserves are present in Anambra and Enugu? When necessary, these states can develop their own oil and gas-based power plants with their own oil. Believe me, the Igbo are only now lazy technologically because other Nigerians are. Every one else depends on oil, so why not the Igbo?
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doyin13 (m)
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@Xris Congratulations o Omo Ibo  |
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The One (m)
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Ono and all those who talk about freedom fighters in the Niger Delta, read below the views of the Rivers State commissioner of informationhttp://www.guardiannewsngr.com/news/article01I have always maintained that the underlying cause of the ND problem/violence is OIL BUNKERING. Forget all those revolutionist talks, it's all about money. Everybody thought it would go on without major upheavals but alas, it has boomeranged. Let's see where it goes from here. |
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Xris74
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Thanks Doyin, We are kicking ABIA STATE MINERAL RAW MATERIALS: Glass Sand, Limestone, Salt, Shale, Ball Clay, Lead/Zinc, Granite, Marble, Laterite Sand, Bentonitic Clay, Phosphate, Kaolin, Pyrite, Feldspar, Bentonite, Petroleum, Lignite, Gypsum, Clay. AGRO RAW MATERIALS: Cassava, Maize, Vegetable, Palm Produce, Livestock, Cashew, Rice, Okro, Rubber, Yam, Cocoyam, Cocoa, Citrus, Pineapple, Local Pear, Plantain, Banana, Bitter cola, Pawpaw, Timber, Mango, Melon, Gmelina Abora, Ginger, Bamboo, Raffia Palm,. ANAMBRA STATE MINERAL RAW MATERIALS: Natural gas, Petroleum, Kaolin, Pyrite, Lignite. AGRO RAW MATERIALS: Maize, Rice, Pigeon pea, Yam, Beans, Cassava, Melon, Palm produce, Poultry, Livestock, Sweet potato, Kolanut, Castor oil seed, Plantain, Banana, Mango, Citrus, Piggery, Potato, Fruits, Cocoyam, Rabbitery, Fishery. EBONYI STATE Mineral Raw Materials: Lead/Zinc, Salt, Limestone, Ball Clay, Gypsum, Granite, Brine, Marble, Shale, Pyrite, Flourspar, Laterite, Bentonite, Quartz. Agro Raw Materials: Maize, Rice, Yam, Sweet Potato, Palm Produce, Banana, Mango, Cassava, Melon, Plantain, Citrus, Cocoyam, Fishery, Vegetables, Cocoa, Groundnut, Okro, Pepper, Pear, Tomato, Pigeon Pea, Kolanut, Timber, Piggery, Poultry, Cashew, Yam, Castor Seed, Cowpea. ENUGU STATE MINERAL RAW MATERIALS: Lateritic clay, Crude oil, Kaolin, Ball clay, Iron- ore, Gypsum, Coal, Silica sand, Pyrite. IMO STATE MINERAL RAW MATERIALS: Natural gas, Kaolin, Laterite, Sand, Limestone, Gypsum, Silica sand, [b]Petroleum, Lead/Zinc, Lignite, Bentonite. AGRO RAW MATERIALS: Cassava, Palm produce, Citrus, Groundnut, Yam, Rubber, Livestock, Vegetables, Fruits. http://www.rmrdc.gov.ng/dist_of_rawmat.htm |
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Xris74
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Nigeria should diversify her economy. Now
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denex
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Yes of course. Even all this kidnapping is a facade carried out by disorganised gangs.
The main activity of MEND and their sponsors and accomplices is Crude Oil Bunkering. At a black market price of $50 per barrel, these freedom bunkerers make $15 million from bunkering about 300,000 bpd of crude everyday. In 365 days (weekends and public holidays included, because them serious for the matter pass goverment work), that is a $5 billion industry.
Kidnapping is for the foot-soldiers to make some pocket money and to divert attention from the main action. Freedom fighting is just a blatant lie. A justification for cult clashes perhaps.
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Xris74
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When the oil finishes in the present 9 oil-producing states, Anambra and Enugu will take over. Then Ono and Dimka will be in deep economic shit since their lives depend on oil. |
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debosky (m)
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Denex, the US and China will not run out of coal for the next 150-200 years even with increased consumption, the reserves are well known and are they are not going to need our coal anytime soon, the only real international trade in coal that is really profitable would be coal for steel production, but our coal is not of the highest grade,so we don't have much of an advantage in that
the hue and cry over coal power plants especially in the West is environmental - the bulk of CO2 emissions and other harmful waste products come from coal, there is not going to be a market for coal scarcity for the next 100 years at least, and our coal reserves are Tiny compared to theirs.
Most of SA's electricity (and by extension Africa's) come's from coal, so we never 'see coal finish"
If the hydro resources from the Congo river ALONE was properly utilised, it could supply more than half the continent's power needs, as a continent our coal reserves are the smallest in the world except for the Middle East which has less,
For us in Nigeria, the quantum of our gas resources makes it a cheaper alternative for power generation for us, it is the other issues around gas production such as the unrest and so on that have made it difficult for us.
Coal is good alright, but not widespread enough in the country to be sufficient for power.
@ Xris, the reason i was advocating coal development for power purposes is to extricate the S/E from the unending malaise and drama surrounding Oil and Gas, as the pioneers that they are, If the Igbos do this and begin to enjoy stable power supply by looking inwards, other zones will have no choice but to do the same. Coal exploitation doesn't have the politics and Federal interest that oil has, it will be primarily a domestic commodity with no dollar earnings to share about, making it less politically interesting to the Feds and other zones.
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ono (m)
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I completely share the views of all who believe Nigeria should diversify her economy. But, this diversification slogan have been on since the days of Buhari - 1983/84. No administration in this country has taken the challenge to diversify head-on. It's all about oil and gas in the Delta. How are we going to diversify if people at the top continue like this? When the oil finishes in the present 9 oil-producing states, Anambra and Enugu will take over. Then Ono and Dimka will be in deep economic shit since their lives depend on oil. Did you read what's written in the link posted in my last entry? The Niger Delta was once reffered to as the ''Oil Rivers Protectorates'' by the Brits. This is not because of crude oil, but palm oil. Fisheries potential in the Delta is easily the highest in the country - go figure out. This is not to talk of the gas resources in there, which is in the order of trillions of standard cubic feet (Tscf) and is adjudged to be number 10 in the world. And from what I gathered, the Niger Delta gas reserves can sustain us for the next 150 years. You, Xris74, should be resting with you ancestors by the time we exhaust that. Sedimentary minerals for making glass exhist in abundance in the delta. There is rubber, timber and other export yielding crops in there. Surely the delta is self sustainable. You don't want to mess with the delta region in terms of mineral resources. |
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Planner (m)
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@Ono,
Yeah mineral resources is very good, but human resources is better. Therefore, the niger-delta and indeed the whole country shuold start laying emphasis of human capital development which is much more sustainable. I am very uncomfortable with your so much emphasis on this mineral resources as if without which there will be no development.
Singapore, Switzerland and Japan are classic cases.
What we should be paying careful attentation on is the Knowledge economy
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ono (m)
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My beef with Naija people and govt alike is that we don't like taking action. We're very good at making endless conferences and meetings with ''stakeholders''. We can book all the rooms at Nicon Hilton, bring girlfriends and party friends, attend these so-called meetings resulting to (ironically) fruitful points from our deliberations but, at the end of the day still go cap in hand to beg the FG for our ''dues'' from the proceeds from crude oil sales!
We have been talking about human capital development since the country gained independence from Britain in the sixties. Aside from the considerable efforts made in that direction by Awolowo and Azikiwe, all the other adminstrations in the country have contributed little or nothing in terms of human capital development. As a matter of fact, at some point during IBB's administration, Nigerians started leaving the country in droves looking for greener pasture elsewhere.
Should we continue talking, suggesting and calling meetings without taking the much needed steps to address the problems? Is it not because there's cheap oil proceeds to spend frivolously that's making government and people put up a lackadaisical attitude towards this burning issue? And is it not because our government people are ill advised (by our people, who are most often ethnically biased) that they are losing focus and direction? Well, for me sha, I'm tired of talking about these things all the time. I want to see concrete steps taken to address them.
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willywilly
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@
ONO.
who u won sit down address problem wit? na wit YORUBA and HAUSA/FULANI man !.
U won make them kill u as dey Kill KEN SARO WIWA?
God don curse them wit oil money
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doyin13 (m)
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sing after me:
willy willy don die
na who kill am
na oil kill am
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willywilly
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sing after me:
willy willy don die,
na who kill am,
na Doyin 13 kill am.
why Doyin13 kill am,
Doyin13 because of oil.
Doyin13 kpako
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denex
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I beg to excuse myself from this intelligent discourse. Please forgive me.
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willywilly
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sing after me:
willy willy don die,
na who kill am,
na Doyin 13 kill am.
why Doyin13 kill am,
Doyin13 kill am because of oil.
Doyin13 kpako
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doyin13 (m)
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LOL
willy willy I can't believe you came back with a riposte.
There I was thinking oil was poisonous. Might have it with my dinner tonight.
@Denex.
Where is your sense of nostalgique
I think its great to remember those songs under the moonlight when NEPA drove us outdoors
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willywilly
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Good,
mee i no no sey, u know sey oil dey poisonous, soon e go poison u
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ono (m)
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1. I don't know what you mean by this constant referral to an 'enclave', any location to host an LNG plant will have to undergo massive infrastructural development to accomodate the plant, be it in the Delta or elsewhere. Olokola is a bit farther from the 'core' ND shoreline, making it less susceptible to the malaise of ocean pirates and rebels in the creeks - more succinctly, it is a safer location for both the plant workers and the ships to carry the gas. In addition, there is an existing Jetty in the location that is being upgraded to accomodate larger vessels and support the increased traffic. moreso, the location- that is Olokola created an environment suitable for such an investment by creating a free trade zone and beginning to provide supportive and conducive environment for the project
2. The power plant comment has been answered many times over, but let me repeat for emphasis - the 9 NIPP power plants being built in the Delta will supply power to the villages and settlements in the immediate 5km radius before serving power to the grid, this is the new paradigm for all new power stations including the Papalanto one, so to try to paint a picture of a dichotomy between an ND project and one elsewhere is inaccurate. Furthermore - NLNG has a scholarship program EXCLUSIVE to Rivers state/gas gathering communities, no others benefit, so it is not always a 'come and chop' scenario as you painted, local indigenes are always given preference in such cases, another example is the reserved quota for Rivers state indigenes in the recent LNG recruitment drive
3. Can you show one shred of evidence supporting this claim that it was supposed to be sited in Escravos? Even if it was, given the political and other disturbances that are going on in the delta, the 'Niger Delta Premium' being factored now into the construction and other costs due to kidnappings and work closures by community protests may have led a more neutral location being a more cost effective option. again I point to the Free Trade Zone and other local incentives given to make Olokola a more attractive choice. and as I mentioned earlier, why do you think that this LNG plant would be the magic wand to 'soothe the pains' or 'create the needed employment' in the Delta? There is the EGTL construction going on in Escravos at the moment, not to mention the EGP that has been completed and the export terminal, is that not enough in a single location? and wouldn't it make more sense to locate an new asset away from the current problems in the Delta?
4. The points above that I have given should suffice in that regard, Olokola is suitable due to economic factors surrounding the Free Trade Zone, the existing Jetty and the willingness of the state governments to assist the project take off smoothly with few interruptions from the community. In addition, Oil and Gas Royalties are not paid based on the point of export, but rather on the source of extraction, if not only Escravos, Brass, Bonny and QIT would receive any money for crude oil production, since they are the only export terminals. One more point, there is no crude oil production at all on Bonny Island, it was chosen as a good location for export of products, that was the final determinant. Olokola's proximity to Chevron's large Agbami offshore field and subsequent deep offshore discoveries also increase its appeal as a good technical location for the project. @debosky, Well, I just finished reading up all these. 1.0 Like I said sometimes ago, I don't have any beef against Olokola as long as the gas fields that will supply that plant with the needed gas will be at Ogun and Ondo state. Since, as you put it, ocean pirates might attack the pipeline that will take gas from the Niger Delta to Olokola. So, I suggest that plant should be built for the gas fields in the said states. I did not know that a hitherto sparsely populated area can create an enabling environment suitable for a free trade zone. Please educate me for I know very little about these things. 2.0 I need the stats about these 9 Independent Power Plants (IPPs) in the Delta. But I should let you know that most times, when government change hands in Nigeria, laudable project set up by a prevoius administration often turns to white elephant projects. The contract for the dualisation of the East-West Road has been awarded several times - since the early 80s. It wasn't until of late that we've seen some progress of work on that road. I just hope they will complete it. 3.0 Most times, political moves don't come out as publications and facts. That Escravos was the place meant for the gas plant cannot be disputed. The disagreement between Ondo and Delta states government over the location of the gas plant generated so much heat two years ago. They were on the pages of most newspapers for all to see. If OBJ at the time wanted a neutral location, I guess a town in Abia or Imo states which share a common boundary with Rivers and Delta states would have been appropriate for that plant. Why choose a place hundreds of kilometres away from the raw material site to locate a plant. I guess the planners and designers of the Ewekoro Cement factory at Sagamu should have built the plant at Ijebu-Ode instead of Shagamu. It wouldn't have made any difference, abi? 4.0 Those points of yours don't hold water anywhere. From this picture http://www.rigzone.com/news/image_detail.asp?img_id=3774&a_id=44560 of the location of Chevron's Agbami field, please tell me if it's economically justifiable to site a plant so huge as OKLNG in Olokola or in Escravos. Obviously, Olokola is a bad deal. It should not be allowed to fly. |
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willywilly
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u don see sey na mistake, our PAPA them do, go invite Western and Northern Thieves
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ono (m)
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u don see sey na mistake, our PAPA them do, go invite Western and Northern Thieves
But, how our papa take invite them na I'm me never understand. Even If person invite you to ''come and chop'' for ya house, does that mean say the visitor go just take over your house and property? |
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Planner (m)
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It is a good thing that they are beginnning to sue those pirates called oil companies. As far as i am concerned they all should be sued out of existence. Committing murder in the name of oil prospecting or doing business is very evil.
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willywilly
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@ONO
that is why I dey call them THIEF.
Na dey same character them get with THIEF.
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willywilly
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@ONO,
IF u won know how our PAPA them invite those THIEVES, go read HISTORY
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