drake2005:

Very asinine, ignorant creature who doesn't understand how the world is run. How old are you?

Listen to me carefully, you can disagree with me as much as you but will educate you...............NO WESTERN, OR FORMER COLONIAL NATION OFFERS HELP TO AFRICA IN GOOD INTENTION. ANY HELP OFFERED TO AFRICA HAS THEIR INTEREST AT HEART.

I'm shocked you don't even know this and smugly spew your nonsense. Go and study history my friend...Lazy ass Negro who delight pleasure in calling sensible and educated individuals "Negros" when they have no and absolute knowledge of how the world is run.

tatosh:

Why are you all trying so hard to paint GEJ in a bright picture? If he was realy that good, you don't need to be telling us the above, we would already know

ballabriggs:

cnn.com

mekaboy: THE SAME US GOVT THAT CALLS NIGERIAN GOVT CORRUPT WILL STILL GIVE OUT MONEY WHEN THEY KNOW IT WILL BE SHARED.

Ola one: They are now worried because of China. They never really wanted us to develop. Thank God for China.

ballabriggs:

cnn.com

Richfella: "When you're about to take, you should give" --- Han Fei-tzu, Chinese philosopher.

America wey owu dey catch wella wan give $7B just like that?

The question is what do they want.

awodman: Following its announcement last year that it intends to
invest $1 billion in Nigeria, General Electric (GE) has
scheduled the groundbreaking for its $250 million
manufacturing and assembly plant for Tuesday in
Calabar.

The ceremony will be performed by Vice President
Namadi Sambo.

When completed in the next three years, the facility will
be the biggest in Africa and will have an additional
operating expenditure of about $1 billion in the next ten
years.

Besides, it intends to make Calabar the hub of its
manufacturing activities in sub-Saharan Africa.

Expectedly, Calabar is agog with various activities just as
economists have been listing the impacts GE’s arrival will
have on the economy of Cross River State in particular
and Nigeria as a whole.

Prof. Ndem Ayara, the Economic Adviser to Cross River
State Governor, Senator Liyel Imoke, said, “The biggest
infrastructure gap we have is in the energy sub-sector.

The expectation is that they are coming to close that gap
between energy that is available and the energy we
need. They are going to provide energy that will support
other sectors of the economy.” Ayara said apart from
creating employment opportunities by stimulating
investments in other sectors of the economy, thus
creating a multiplier effect, Cross River as the host state
will become the cashment area or primary beneficiary of
direct employment from GE.

“Cross River as the hub, will have the advantage of
being the immediate market. Indigenes of the state will
benefit from employment, especially if what GE seeks is
skilled labour.”

Speaking in a similar vein, the head of Cross River State
Investment Bureau, Mr. Gerald Ada said “the investment
by GE will add approximately 2500 skilled jobs and
several unskilled jobs in the supply and distribution
chain.

“There will be various opportunities triggered from this
investment as GE suppliers will follow suit.”

Source:www.vanguardngr.com/2013/06/ge-breaks-ground-for-250m-manufacturing-and-assembly-plant-in-calabar/

mojounited: Exxonmobil Signs Agreement On 500MW Power Plant

Ejiofor Alike, ThisDay, 24 Apr 2013

Mobil Producing Nigeria Unlimited (MPN), operator of the Nigerian National Petroleum Corporation (NNPC) and MPN Joint Venture, has signed a Seller’s Representative Agreement (SRA) for the Qua Iboe Power Project, located at Mobil’s Qua Iboe terminal in Akwa Ibom State. The proposed power project includes the construction of a 500megawatt-capacity power plant as well as a 56-kilometre transmission line connecting the plant to the national grid at Ikot Abasi, also in the state.

MPN’s General Manager in charge of Public and Government Affairs, Mr. Paul Arinze, said in a statement last night that the signing of the SRA was “a critical part of the overall commercial framework that enables MPN to undertake power activities and facilitates the sale of power by MPN to Nigerian Bulk Electricity Trading Plc for itself and on behalf of the NNPC.” Also speaking on the agreement, the Managing Director of Mobil Producing Nigeria, Mr. Mark Ward, said the project “is a tangible demonstration of MPN’s commitment to Nigeria and supports the president’s priority of providing electricity to the country.”

According to the statement, Front End Engineering Design (FEED) and Environmental Impact Assessments (EIAs) for the project had been concluded, while commercial tenders for Engineering, Procurement and Construction (EPC) were near completion. Mobil Producing Nigeria awarded the Front End Engineering Design contract for the project in September 2009 and performed the ground-breaking in March 2010.

FEED is the conceptual process of development and design for large industrial projects such as power plants.
The Power Plant will provide 330kV export power to the national grid.

http://www.thisdaylive.com/articles/exxonmobil-signs-agreement-on-500mw-power-plant/145807/

ballabriggs: Obama will do well to start by asking OBJ and Jona how much they have spent over the last 10 years and how much electricity we have today. $17 billion by OBJ alone.

Perhaps one needs to tell him the problem is not all about availability of funds.

On hearing the news, NEPA MD must have brought out his calculator to see how much of the $7 billion will probably get into his pocket.

0.05% of $7 billion = $350,000 *faints*

BrightCar: NIGERIA GOVT ARE NEVER SERIOUS MINDED PEOPLE,IF THEY REALLY WANT TO SOLVE POWER PROBLEM THEY CAN BUT HOW CAN THEY WHEN POWER SECTOR IS A GOLD MINE. ITS 10000 MEGA WATTS GENERATED TODAY TOMORROW U WILL HEAR OH ITS REDUCE TO 3000MEGA WATTS, GAS LINE VANDALIZED, OH THAT MINISTER OF POWER REMOVED, NO RESIGNS, THE STORY KEEPS GOING ON AND ON LIKE THE MATCH COMMENTARY BETWEEN NIGERIA AND SPAIN IN CONFEDERATION CUP. WHEN WILL THE GOAL BE EVER SCORED, IS'T AFTER THE MATCH?

Richfella: "When you're about to take, you should give" --- Han Fei-tzu, Chinese philosopher.

America wey owu dey catch wella wan give $7B just like that?

The question is what do they want.

Richfella: "When you're about to take, you should give" --- Han Fei-tzu, Chinese philosopher.

America wey owu dey catch wella wan give $7B just like that?

The question is what do they want.

Jeboy: Politics of hatred has left some people deluded.May they and their generations never enjoy the benefit of power reforms in Nigeria since they don't believe in it. Somebody shout amen!

Mr knowitall.:


But if the U.S doesn't give money yo complain that they dont do anything for Nigeria...and if they give money you complain

that they are giving it to corrupt politicians....Negros just cant be pleased..always complaining