And now they will improve the supply of darkness!

As soon as I came across the phrase "diesel-powered locomotives" I thought Otedola! The whole thing is just to make some people richer that's all

Yar Adua promised us power but we are yet to see that, world bank has made his work easier.

So omo Nigeria with all his oil and giant of Africa big mouth goes aborrowing like any other inferior African country?

Which way Nigeria, which we go. I love my father land, but they keep squandering all of our resources. They spent about $16 Billion dollars on fixing the power crisis, till today we have nothing to show for it. They procured billions of dollars worth of equipment (turbines and so), and all to be left rotten at the port in the name of due process, no proper planning and mismanagement. Billions of money paid was also paid for cancellation and termination of contracts in the name of carrying out proper analysis and planning.

Now that we have this funds ($600 million credit), are we following due process like we ought to have done in the first place? Are we embarking on proper planning and adequate analysis to ensure successful completion of power plant that the funds is meant for? Are these projects going to be contracted to competent companies to ensure and guarantee successful completion of these projects?

Ohhh hell . God Help Nigeria

Nigeria and their stealing style in the name of borrowing, the money never gets to Nigeria, from Swiss bank to another Swiss account. Lord have mercy

If Nigeria could not use 16 billion to fix this power problem how can they use $600m to fix it?

If Nigerians cannot fix this problem themselves lets bring in external experts to help us, looks like this problem is way over our heads.

Topic

what an addition to the looters pocket.

Hope this Electricty dreams in Nigeria can be achieved in the next generation.

Political Campain and preparations for 2011 starts Jan 2010, here comes the money.

I think the world bank just handed our folks something to loot! Cos it seems thats the only thing they're good at.

are you guys against loans or how the loans are used?

those are two different argument.

the foreign reserves can't solve nigeria's alone.

Colossal waste!

The kleptomaniacs in Abuja will just sit down like hungry scavengers, divide the money and take their share. Useless government!

Oya, begin divide-am-o!
But wait, which formula we go use now

naijaking1:

Oya, begin divide-am-o!
But wait, which formula we go use now

1:3:3

frag:

1:3:3

Please explain

A big joke, like the greedy leaders will use the money for the Electricity

mama-gee:

A big joke, like the greedy leaders will use the money for the Electricity

sigh nigeria is doomed for sure

The 600 million will not be used for power. It will be used for the politicians personal expenses!

This oyinbo people really hate us O, dey dont even want us to be free. They handed power to the abokis those ones wants to die with the power now now after freeing our self from debt they want to put us into it again, ABEG WE NEED A REVOLUTION THESE ABOKI PEOPLE CANT CONTINUE TO RUIN US we are worth more than these

Bleep the FG I hate them

can we be optimistic 4 once? At least we are sure of N500 each to vote PDP again come 2011. God punish them all. Cant we protect the interest of the next generation? If nigerian undergraduates can show their concern by making a march to the aso rock like once done in 2000 by the polytechnics.
I hope it's peaceful not to turn out to be like tianamene of 1989 in China. Nigerians deserve more than this. 60% of this credit will be shared among less than 20 PDP members. I dont want to remain in europe forever strugling to help oyinbo develop their country.

sowura:

it is true that God comes first in everything, but Nigerians should stop calling God with every little excuse they get, the simple truth is that God has already told us that stand up and i will help you. God will never come down to help us that is why he has given us eyes to see bad governmnet, ears to hear, mouth to talk, and brain to think. this in addition to other parts of the body that he bestowed on us free of charge and we still want God to come and help us. we will contimue to get the government that we deserve.

True talk my brother. We may not move forward because everybody in Nigeria is waiting for God to come down and solve our problem.

IBB,ABACHA, ABDULSALAMI and now "hearer-doer". IS BORROWING A STRATEGIC MEANS TO AREWA'S VISION 2020?

You mean, they gave the men in power another 600M$ to share?
nonsense leaders

Lack of adequate man power and know how will lead the funds to drains!

I will propose to the Minister of Power to access the Caliber of man- power and know how in this sector.

ban1:

can we be optimistic 4 once? At least we are sure of N500 each to vote PDP again come 2011. God punish them all. Cant we protect the interest of the next generation? If nigerian undergraduates can show their concern by making a march to the aso rock like once done in 2000 by the polytechnics.
I hope it's peaceful not to turn out to be like tianamene of 1989 in China. Nigerians deserve more than this. 60% of this credit will be shared among less than 20 PDP members. I dont want to remain in europe forever strugling to help oyinbo develop their country.

No one will march even if it comes to that, I won't. The world has turned its back on Nigeria and whatever happens to the youth by virtue of the government is no one's business. Yaradua is an anarchist but people have not seem to understand that. Any march to Aso Rock and the youths die by bullets and what is anyone going to do about it? Nothing. Yaradua, in the first place doesn't have the charisma to be a President and I wonder why he was chosen but it's a shame that we will continue like this until 2015. Nigerians are stuck in Europe and who ever wants to come back to a country where nothing but financial scandals is guaranteed.

Fhemmmy:

You mean, they gave the men in power another 600M$ to share?
nonsense leaders

Yes unless you can recall any funds that have been judiciously spent, ever, by the Nigerian government. I feel so ashamed of our leaders. They bring so much stains and embarrassment on our persons.

naijaking1:

Oya, begin divide-am-o!
But wait, which formula we go use now

Federal executives 3 : Federal legislators 3 : State(Executive&Legislators) 2 : Judiciary : 1 But I think the judiciary is needed more during the elections so their cut will be minimal.

bawomolo:

are you guys against loans or how the loans are used?

those are two different argument.

the foreign reserves can't solve nigeria's alone.  

Only if we have foreign reserves at all

brein:

Topic

what an addition to the looters pocket.

Hope this Electricty dreams in Nigeria can be achieved in the next generation.

What ever happened to the power scandals that EFCC has been up and arresting every legislators over?

the country can rut in hell for all I care!

pessimism galore

bawomolo:

pessimism galore

because there is very little reason to be optimistic and it's such a shame.

Can someone honestly tell me how i can be in government. thats where the richness is these days