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Nairaland Forum / Nairaland / General / Politics / Flour Mills Awaits Fg’sapproval To Sell Electricity (947 Views)
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Flour Mills Awaits Fg’sapproval To Sell Electricity by hunter21(m): 6:38pm On Sep 16, 2013 |
BY MICHAEL EBOH and WILLIAM JIMOH Flour Mills of Nigeria Plc has stated that it is awaiting the approval of the Federal Government to enable it deliver a portion of its 50 mega watts of electricity to businesses around Apapa and also to the national grid. Mr. Paul Gbededo, Group Managing Director, Flour Mills Nigeria, who disclosed this at a press conference in Lagos, said the 50 megawatts currently generated by its gas and diesel power generators is in excess of its 32 mega watts requirements and it intends to sell the excess capacity to its neighbours around Apapa, while the others will be supplied to the national grid. He said, “If we get the approval from the Federal Government, we will supply to our environment and if there is excess, we will deliver it to the national grid.” He further stated that the company plans to increase its earning capacity in the years ahead with continuous investment in new milling technology and new acquisitions. 1 Like |
Re: Flour Mills Awaits Fg’sapproval To Sell Electricity by hunter21(m): 6:39pm On Sep 16, 2013 |
Re: Flour Mills Awaits Fg’sapproval To Sell Electricity by takeprofit: 6:42pm On Sep 16, 2013 |
the power supply story keeps getting better everyday. |
Re: Flour Mills Awaits Fg’sapproval To Sell Electricity by fr3do(m): 7:40pm On Sep 16, 2013 |
Thats nice gov should authorize them |
Re: Flour Mills Awaits Fg’sapproval To Sell Electricity by taharqa: 10:30pm On Sep 16, 2013 |
hunter2,1:This is GREAT; and it is d Way to go.... Let d Minister declare d TEM and handover d Cops to d new Private owners. The Privatised DISCOs wud be d ones shuttling around looking for willy Sellers of Energy to distribute to either a localised area Or to the national Grid.... The Evolving Power Market wud be damn Interesting and Rewarding in deed... |
Re: Flour Mills Awaits Fg’sapproval To Sell Electricity by taharqa: 11:24am On Sep 18, 2013 |
I hear Dangote Cement Cops also hv more than 200MW Captive Power to sell to d grid... This is d way to go. Let d Private Sector led Electricity Market come quick. Can't wait.. |
Re: Flour Mills Awaits Fg’sapproval To Sell Electricity by sEyi6: 12:02pm On Sep 18, 2013 |
I think the FG need to save this their daily epistle about improvement in electricity, and get things done. We've been hearing this and that for over four decades. The energy and money they spend in telling us how much progress they have made could have been channeled into further improvement of power. Nigerians will appreciate them ones the power is fixed, stable and sufficient in every state, town and village across Nigeria. These daily stories make one take them for joke. |
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