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Nairaland Forum / Nairaland / General / Politics / Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector (4392 Views)
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Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by Omooba77: 10:40pm On Apr 29 |
The Minister of Power, Mr Adebayo Adelabu, says the Federal Government requires 10 billion dollars annually in the next ten years to revive the nation’s power sector and end the liquidity challenge.https://punchng.com/fg-requires-10bn-yearly-to-revive-power-sector-minister/ 1 Like 1 Share
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Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by slivertongue: 10:45pm On Apr 29 |
confused minister 31 Likes 1 Share |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by slimfit1(m): 10:58pm On Apr 29 |
By the time get some that has sense in that position we will have free energy devices already. Whoever thinks they are slowing our progress is just helping us to free energy technology. |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by StOla: 11:02pm On Apr 29 |
The question is how did we get here as a nation that just couldn't power herself out of darkness? Yet, we are wasting so much money on the political class that we cannot afford their statutory cost, not to talk about the cost of their corruption. 24 Likes 2 Shares |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by YourMrBoo: 11:11pm On Apr 29 |
Paying for no light That's ridiculous It's obvious this minister came to loot. No plans whatsoever Ask him, the short term goal, mid term and long term goals and see him shivering but he can mention liquidity everywhere with no substantial value attached to it. Foolish minister. 32 Likes 1 Share |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by helinues: 11:15pm On Apr 29 |
Toh |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by Topsido(m): 11:27pm On Apr 29 |
Let me break this down what the minister is saying here. 1. Nigeria is not rich enough to sponsor its own power requirement 2. Investors are needed but they won't come because electricity tariff are too cheap hence they won't make money. 3. Tariff was increased ×3 for some users who enjoy 20hrs of light per day. With more money coming to DISCOS investors are begining to show interest. 4. That does not mean FG is sitting down waiting for investors. Power generating plants are still being built 14 Likes 4 Shares |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by obi4eze(m): 11:28pm On Apr 29 |
helinues: As usual, nothing to defend when grave issues of failure like this is discussed. 16 Likes |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by helinues: 11:31pm On Apr 29 |
obi4eze: Please don't lump me with your sadness and bitterness about this news.. Thank you 1 Like 1 Share |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by CodeTemplar: 1:19am On Apr 30 |
A subtle way of saying he cannot fix the mess on ground while positioning his ministry for more lootable cash. 8 Likes |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by malali: 5:25am On Apr 30 |
. |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by specialmati(m): 5:26am On Apr 30 |
we just allow a group of thieves to be at the helm of affairs no solution in their empty skull.mudafuckers watch how some nairaland asshole zombies will defend him.light have never been this bad even the time of Mr rocket science 7 Likes
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Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by Newton1045: 5:26am On Apr 30 |
Una de just call money |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by Nahunger(m): 5:27am On Apr 30 |
Ose Even FLASH Go need this type of power to charge. |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by callmevirus(m): 5:28am On Apr 30 |
Nothing concern me but E dey mind 1 Like |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by havenz(m): 5:28am On Apr 30 |
Incompetent ministers, see as this one dey call money as if him fit count am, already made failed government. |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by Bondinus(m): 5:28am On Apr 30 |
Even after making us turn off our fridge and ac. |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by sirblend: 5:28am On Apr 30 |
Even if $10Billion is provided yearly it will be looted by the politicians.. So why not allow private individuals or company invest in the power.. 1 Like |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by lagosrd: 5:29am On Apr 30 |
To do exactly what? Very shameful and pathetic |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by ironheart(m): 5:29am On Apr 30 |
Can this Man just rest? People pay bills for no electricity generated or used yet they say they need more money? All the monies paid so far what have they used it for? The power sector was privatised and you are still asking government for $10billion for 10 years. Who does that? If the private sectors had invested much in the last 10 years, Nigerians wouldn't complain about the increase in power tariff 1 Like |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by Wimkeh(m): 5:31am On Apr 30 |
They should keep throwing dollar at exchange rate so their online clowns can hail them |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by MarketDispatch: 5:31am On Apr 30 |
Truly, fixing power supply in Nigeria is not rocket science but these guys just don't know what to do...this is what happens when you put a square peg in a round hole. |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by Atarakpa: 5:31am On Apr 30 |
All in total power sector generate more than $10b yearly. Those heading Nigeria power sector you guys are not trying at all. |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by bigdammyj: 5:33am On Apr 30 |
Noted. |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by MaryMcEdwards: 5:34am On Apr 30 |
Small small countries have done it and we know they did it with less amounts. Stop giving excuses... Excuses you people use to steal money 1 Like |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by mrdharkchild(m): 5:34am On Apr 30 |
Ghana has light, and is been supplied by Nigeria o!! Them no even call this money. But for Nigeria, a major supplier of electricity to Niger and Ghana, them they call $10billion. So them no dey even get revenue from the electricity supply to Ghana to fix our own. Supporters club, what do you have to say 2 Likes |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by Morbeta11(m): 5:35am On Apr 30 |
Fixing power sector is not rocket science __Babatunde Fashola 2014. 2 Likes |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by bewla(m): 5:37am On Apr 30 |
Ole |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by DJInfluence: 5:37am On Apr 30 |
That's a big lie. How much will create a new power sector? These thieves. Why are they not even giving incentives to people who are going green? Government should be encouraging the use of solar which will reduce dependence on the old power grid and even fuel. I can go on, but most people knows what I mean. 1 Like |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by Jammy2012(m): 5:39am On Apr 30 |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by OPICANTO2223: 5:39am On Apr 30 |
All these blocked brain in Tinubu government should be whipped and removed. |
Re: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by WHITELIGHTER: 5:40am On Apr 30 |
Man wan still cash out him own from national cake |
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