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Flour Mills Awaits Fg’sapproval To Sell Electricity - Politics - Nairaland

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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:
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.
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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