Rilwayne001:


chai, minister of darkness

saintkel:
Good news, we need more f dis. Nigerians deserve to smile abit. Just don't get d rationale behind paying for what u never even dreamed of using. Let dia b light, we fit manage d cost

drss:
dem don shift dem goal post again b4 na 7000mw before d end of 2016. now dem reduce am to 6,000mw (GEJ record).
directionless govt.

drss:
dem don shift dem goal post again b4 na 7000mw before d end of 2016. now dem reduce am to 6,000mw (GEJ record).
directionless govt.

saintkel:
Good news, we need more f dis. Nigerians deserve to smile abit. Just don't get d rationale behind paying for what u never even dreamed of using. Let dia b light, we fit manage d cost

adeyemi2015:
Good news!





I really do not understand why some Folks ain't happy to read good development(s) coming out from this administration.


Whether it's a lie or not..... December is not far! We shouldn't be wishing this Country bad in the name of opposition for God's sake!


PMB is rebooting Nigeria - and the obvious truth is Nigeria is comparable to a Pentium 1 Computer System because the previous Governments failed to upgrade it to meet or close to the present update!

Jombojombo:

Zombie

Tolexander:
Let me save this for future reference!

Nigeria has 12,000mw installed capacity, but can transmit 5,000mw — Osinbajo

VICE-PRESIDENT Yemi Osinbajo, on Thursday, said the country’s independent power plants (IPP) across the landscape have an installed capacity of over 12,000 megawatts, adding, however, that 5,000 megawatts of the total capacity could be transmitted due to inadequate gas supply to the plants.

Osinbajo said this at the National Forum on the Economy, organised by Vintage Press, publishers of The Nation Newspapers, with the theme: “National Economy: The Way Forward,” in Lagos. The event, held at Lagos Airport Hotel, Ikeja, was attended by other dignitaries, including the Lagos State governor, Mr Akinwunmi Ambode; his Imo State counterpart, Chief Rochas Okorocha, among others.

Ogun State governor, Senator Ibikunle Amosun, was represented by the state Commissioner for Commerce and Industry, Bimbo Ashiru, while the Oyo State governor, Senator Abiola Ajimobi, was represented by the deputy governor, Chief Moses Adeyemo.

Osinbajo, while noting that power supply had been one of the challenges facing the administration headed by President Muhammadu Buhari, said “we have installed capacity of up to 12,000 megawatts. That is to say, we actually have plants that can supply 12,000 megawatts.

“The problem is getting gas to those plants. Making sure the plants work to capacity. That is one aspect of the problems. The problem is that there are several gas projects, in other words, it is pipelines taking gas to the plants that have not been completed.

“Some of them have been discountinued, some others have been abandoned,” he added.

The vice-president, however, promised that the government was resolved to address the problem, by ensuring that gas supply was available to those plants, which, he said, were mainly located in the West, with the gas being in the East.

“We have to do that,” he promised, even as he said other challenges facing the government in the power sector included the issue of transmission and the need to find a mutually-agreed market rate for gas/electricity tariff.

Osinbajo, who said that as of Thursday, the country could not transmit more than 5,000 megawatts of electricity, pointed out that there was the need to improve on the present arrangement.

He hinted that suggestions on conccessioning the present arrangement was being considered by the government.

He said in the face of current economic
reality, there was need for the country to
move beyond relying on just crude oil to
source its revenue, even as he promised
that the Buhari-led government would
deliver on its many promises to Nigerians.

The vice-president said that the planned
trip of President Buhari to China was
aimed at seeking counterpart funding for
the Lagos-Kano and Lagos-Calabar rail
routes, which, he said, would go a long
way in creating jobs and boosting the
country’s economy, as most heavy goods, including fuel, would be lifted through rail system.

Speaking earlier, Lagos State governor, Mr Akinwunmi Ambode, said for Nigeria’s
economy to improve, its leaders must
have the courage to take difficult and
tough decisions.

According to the governor, the nation’s
economy was at a critical threshold and
thus would require its leaders to think
outside the box and come up with creative innovations that would trigger economic growth nationwide.

He lamented the fact that previous
governments at the federal level failed to
take advantage of the oil boom to grow
other sectors of the economy, saying that the fall in price in the international oil market, coupled with many years of
corruption, had made the economy
vulnerable.

Also speaking, Governor Okorocha
declared that Nigeria’s economy was not
dead, but was only sick, saying it was
good that the citizenry were beginning to
understand the real problem.

Okorocha, who said there was the need to apply wisdom on the part of the leaders to initiate ideas to move the country forward, lauded the steps taken so far by the president in attending the economy through fight against corruption, declaring that it was time we did things differently in the country in order to get a better result.

According to the governor, there was the
need to devolve powers from the centre,
to enable the states and local
governments, as well as communities, to take up some responsibilities as he likened Nigeria to a kwasiokor patient with very big head, small belly and two tiny legs.

He said the head represented the Federal Government, the belly, the states and the tiny legs, the local governments, wondering why states must go to Abuja to share allocations and what business the Federal Ministry of Agriculture that had no land to cultivate had with agriculture in the country.

Freegift75:
Nigerian youth are the enemies of Nigeria. If you don't have hope in Nigeria, your destiny is at stake! The honourable Man is busy working, but some hopeless educated illiterate busy spitting trash.

Yet you are waiting for better Nigeria. I don't blame all of you who derogate the effort of BRF. That's why you remain unemployed because you lack sense of reasoning for solution, but only to criticise.

Nigeria will rise again, if you believe so shall your destiny rise like Dangote. But if you doubt BRF, may your destiny no remain static.....

adeyemi2015:
Good news!





I really do not understand why some Folks ain't happy to read good development(s) coming out from this administration.


Whether it's a lie or not..... December is not far! We shouldn't be wishing this Country bad in the name of opposition for God's sake!


PMB is rebooting Nigeria - and the obvious truth is Nigeria is comparable to a Pentium 1 Computer System because the previous Governments failed to upgrade it to meet or close to the present update!

MadamExcellency:


He said nothing. Our current generating capacity is 12,000Mw which Jonathan administration handed over to APC.

Remember, I said generating capacity if enough gas is available to fire the turbines.




www.freedomafric.com/home/electric-power-nigeria-has-12000mw-installed-capacity-but-can-transmit-000mw-osinbajo-t3015.html

Tolexander:
Let me save this for future reference!

Freegift75:
Nigerian youth are the enemies of Nigeria. If you don't have hope in Nigeria, your destiny is at stake! The honourable Man is busy working, but some hopeless educated illiterate busy spitting trash.

Yet you are waiting for better Nigeria. I don't blame all of you who derogate the effort of BRF. That's why you remain unemployed because you lack sense of reasoning for solution, but only to criticise.

Nigeria will rise again, if you believe so shall your destiny rise like Dangote. But if you doubt BRF, may your destiny no remain static.....

MadamExcellency:


He said nothing. Our current generating capacity is 12,000Mw which Jonathan administration handed over to APC.

Remember, I said generating capacity if enough gas is available to fire the turbines.




www.freedomafric.com/home/electric-power-nigeria-has-12000mw-installed-capacity-but-can-transmit-000mw-osinbajo-t3015.html

Bolustic:




Haters can never offer constructive criticisms. It's not in them.

December isn't too far. Wait till then and shout if BRF fails

ivandragon:


you beat me to it. I was about to point out the same thing. Nigeria already has an installed generating capacity of 12000mw. its just for this regime to ensure a steady gas supply to the plants & fix the transmission network.

wadetaw202:


It is strange that a man that went to school can be referring to ordinary promise as a "good development".

One begins to wonder if this man was in coma when APC was making electoral promises; every Nigerian with a useful brain knows all those promises have been cancelled.

But those Nigerians without useful brain still count an ordinary promise by a failed party as "good development".

I wonder how they want to justify their education aside being able to type rubbish in English language.