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Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo - Politics (3) - Nairaland

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Fuel Crisis: Nigeria Labour Congress Hails Senate, Threatens Mass Action / Amaechi's Claims On Recession Under Jonathan, 7,000MW Under PMB False – TheCable / Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo (2) (3) (4)

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Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by joceey(m): 8:07pm On Apr 25, 2016
We lack gas ke but last time I heard was told we have gas wasting wonders shall never end in naija. APC -Chain

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by TPAND(f): 8:11pm On Apr 25, 2016
osinabjo keep quiet. Nigeria has more than enough gas to generate 15.000MW. Stop playing hocus-pocus with the sentience of the people, because they are not well informed

Take a cue from Norway and Canada. Institute the zero flaring policy. We export and commercialize majority of our produced gas instead of channeling it to the betterment of our Electric woes

3 Likes 1 Share

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by Nobody: 8:14pm On Apr 25, 2016
Osunbade, Nigerian most dumbest VP.

2 Likes

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by Nobody: 8:18pm On Apr 25, 2016
SeverusSnape:
You must provide the twenty thousand megawatts you promised your zombie followers.

2 Likes

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by Allstrasse: 8:22pm On Apr 25, 2016
Stancity:
Ok Prof You did well by letting us know.. Sir, this is also to let you know that we the consumers have adopted a formula whereby NO LIGHT, NO BILLS..

Recently we dont even know if the bills we are paying is actually ours or the Bills being consumed by our forefathers..
Bros, ha! ha ha ha!
Abeg you funny die. But youre speaking the truth. I've been billed 25k monthly for the last 3 months after paying 15k for over 36 months. No meter in my house. Ive paid for it Thrice.
Yet its an2 bedroom on tge same street with PHCN Magodo.

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by colosa: 8:26pm On Apr 25, 2016
We hv given u ( APC) the power plants, pls let the body language of the president provide the gas we need to power them.

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by olajide8(m): 8:32pm On Apr 25, 2016
maupe:
The Vice president, should remember that his predecessors gave the same statements. All in all, he and his boss should quickly come up with a solution on this
http://www.vanguardngr.com/2010/07/nigeria-needs-20000mw-of-electricity-by-2020-says-vice-president-sambo/

The only reason, I quoted you maupe- is because of your moniker name- it similar to, one of the best anchors in nigeria* maupe OGUN (channelstv)...

Waving the magic wand- abrakadabra* and all the ills and challenges of nigeria, would be solved with just one statement or action by PMB/PYO* - how long, does it take to bulldoze a house? House long does it take to build a storey building with multiple floors?

Nigeria is really a resilient country, a country that was supposed be in total confusion and anarchy survived - we are a great country, thank "God" it was the previous administration that said we need at least 20000mW - at least we know now, It wouldn't have been possible because, they don't and never did have the infrastructure to be able to generate it.

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by bayulll011(m): 8:33pm On Apr 25, 2016
Juve4:
…As Energy Economists say PMS should sell at N120/l

By Michael Eboh

http://www.vanguardngr.com/2016/04/power-crisis-nigeria-lacks-gas-to-generate-7000mw-osinbajo/

Its just so unfortunate I find my self in this clan of a stupiiid country,these set of leaders are so silly they don't know their job,oga u flare gas everyday and u still complain no gas to generate electricity,chaiii nigeria is really a pathetic country,I beg what is the job of those uselesss professors in all our university,no ideology,no creativity,no innovations,no idea generation,africa is indeed cursed

2 Likes 1 Share

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by Jokkarm: 8:34pm On Apr 25, 2016
Mr Vice President , why do you people keep saying , there is no , there is no, we are tired off these excuses everyday . Return the mega wats where Jonathan left it please.

3 Likes

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by boykiss99(m): 8:34pm On Apr 25, 2016
Clueless government, they were never ready for the job

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by HugoEagles15(m): 8:35pm On Apr 25, 2016
Story

2 Likes 1 Share

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by Nobody: 8:36pm On Apr 25, 2016
henryutd:
What about the 10000MW? Kai. Another scam.
another lies Ghana generate above that n na we dey supply them gas

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by Osocan(m): 8:36pm On Apr 25, 2016
Juve4:
…As Energy Economists say PMS should sell at N120/l

By Michael Eboh

The Vice President of Nigeria, Mr. Yemi Osinbajo, on Monday, lamented that the country does not have sufficient gas to fire the country’s power plants to generate up to 7,000 megawatts (MW) of electricity.

This was even as the President of the Nigerian Association for Energy Economics, NAEE, Mr. Wumi Iledare, stated that in line with the current realities in the global petroleum industry and the foreign exchange rate, the price of Premium Motor Spirit, PMS, also known as petrol, in the country should be about N120 per litre.

Osinbajo, who was speaking at the NAEE/International Association for Energy Economics, Annual International Conference 2016 in Abuja, expressed his disappointment in the fact that despite Nigeria’s enormous natural gas reserves of over 185 trillion cubic feet, the country is still faced with huge energy supply problems.

Osinbajo, who was represented by his Senior Special Assistant (Power and Privatisation), Chiedu Ugbo, said: “In fact, it is an irony, that we do not have sufficient gas to fire our power plants up to 7,000MW, yet in energy industry circles, Nigeria is described as more of a gas territory than an oil territory.”

He pointed out that presently, the country has over 12,500MW of installed electricity generating capacity, consisting of gas thermal and hydropower plants, stating of that capacity, about 7,000MW is available to be generated if the required fuel is available.

He, however, disclosed that in spite of the available capacity, power plants in the country, over the last couple of weeks, distributed less than 4,000MW of electricity to consumers across the country.

Osinbajo blamed the development on inadequate investment on gas facilities,gas flaring, inadequate gas infrastructure and vandalism among others.

He said, “We have limited gas molecules to supply to the power plants. This is a result of many years of under-investment in gas gathering and processing for domestic consumption and also many years of gas flaring. Nigeria alone flares about half of the 40 billion cubic meters of associated gas estimated to be flared in Africa annually.

To address the situation, Osinbajo disclosed that the Federal Government is aware that there is no alternative to electric energy for energizing and powering Nigeria’s economic growth and development; hence it is determined to resolve the challenges to achieving sustainable energy supply in the country.

“We are working tirelessly towards resolving the gas-to-power challenge, ensuring that the needed investment will be made in gas gathering and processing for domestic consumption especially for power plants and at the same time working to ensure sustainability of supply of existing gas volumes,” he noted.

Also speaking, Iledare stated that he does not see the low oil price as a disaster for Nigeria, stating that it offers the country the opportunity to adopt fiscal responsibility practices and reduce fiscal irresponsibility.

He further stated the low oil price allows the country to take advantage of the situation to allow prices in the sector to be determined at current international market price, while he recommended a PMS’ price of N120 per litre, stating that the Federal Government had no business regulating the sector.

He said managing the petroleum sector has become‎ elusive, adding that regulators should be autonomous and any regulation put forward should have the backing of the law.

He warned that it is fool-hardy for the country to perpetually develop oil and gas resources for cash, instead of for the basis of satisfying the country’s energy needs.

http://www.vanguardngr.com/2016/04/power-crisis-nigeria-lacks-gas-to-generate-7000mw-osinbajo/
everyday,in this country so much gas is been flared, so much so that,those living around these communities, experience so much heat due to the heat from these flared gas,and someone here is telling us there is no gas,
no be say them wan buy other gas.,na wahala o angry

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by Osocan(m): 8:37pm On Apr 25, 2016
Juve4:
…As Energy Economists say PMS should sell at N120/l

By Michael Eboh

The Vice President of Nigeria, Mr. Yemi Osinbajo, on Monday, lamented that the country does not have sufficient gas to fire the country’s power plants to generate up to 7,000 megawatts (MW) of electricity.

This was even as the President of the Nigerian Association for Energy Economics, NAEE, Mr. Wumi Iledare, stated that in line with the current realities in the global petroleum industry and the foreign exchange rate, the price of Premium Motor Spirit, PMS, also known as petrol, in the country should be about N120 per litre.

Osinbajo, who was speaking at the NAEE/International Association for Energy Economics, Annual International Conference 2016 in Abuja, expressed his disappointment in the fact that despite Nigeria’s enormous natural gas reserves of over 185 trillion cubic feet, the country is still faced with huge energy supply problems.

Osinbajo, who was represented by his Senior Special Assistant (Power and Privatisation), Chiedu Ugbo, said: “In fact, it is an irony, that we do not have sufficient gas to fire our power plants up to 7,000MW, yet in energy industry circles, Nigeria is described as more of a gas territory than an oil territory.”

He pointed out that presently, the country has over 12,500MW of installed electricity generating capacity, consisting of gas thermal and hydropower plants, stating of that capacity, about 7,000MW is available to be generated if the required fuel is available.

He, however, disclosed that in spite of the available capacity, power plants in the country, over the last couple of weeks, distributed less than 4,000MW of electricity to consumers across the country.

Osinbajo blamed the development on inadequate investment on gas facilities,gas flaring, inadequate gas infrastructure and vandalism among others.

He said, “We have limited gas molecules to supply to the power plants. This is a result of many years of under-investment in gas gathering and processing for domestic consumption and also many years of gas flaring. Nigeria alone flares about half of the 40 billion cubic meters of associated gas estimated to be flared in Africa annually.

To address the situation, Osinbajo disclosed that the Federal Government is aware that there is no alternative to electric energy for energizing and powering Nigeria’s economic growth and development; hence it is determined to resolve the challenges to achieving sustainable energy supply in the country.

“We are working tirelessly towards resolving the gas-to-power challenge, ensuring that the needed investment will be made in gas gathering and processing for domestic consumption especially for power plants and at the same time working to ensure sustainability of supply of existing gas volumes,” he noted.

Also speaking, Iledare stated that he does not see the low oil price as a disaster for Nigeria, stating that it offers the country the opportunity to adopt fiscal responsibility practices and reduce fiscal irresponsibility.

He further stated the low oil price allows the country to take advantage of the situation to allow prices in the sector to be determined at current international market price, while he recommended a PMS’ price of N120 per litre, stating that the Federal Government had no business regulating the sector.

He said managing the petroleum sector has become‎ elusive, adding that regulators should be autonomous and any regulation put forward should have the backing of the law.

He warned that it is fool-hardy for the country to perpetually develop oil and gas resources for cash, instead of for the basis of satisfying the country’s energy needs.

http://www.vanguardngr.com/2016/04/power-crisis-nigeria-lacks-gas-to-generate-7000mw-osinbajo/
everyday,in this country so much gas is been flared, so much so that,those living around these communities, experience so much heat due to the heat from these flared gas,and someone here is telling us there is no gas,
no be say them wan buy other gas.,na wahala o angry

1 Like 1 Share

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by Osocan(m): 8:51pm On Apr 25, 2016
really set of confused people
fives days to go for April to come to and end and yet no budget
kristisking:
Confused set of people.

1 Like 1 Share

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by Eluwilussit(m): 8:52pm On Apr 25, 2016
SeverusSnape:
You must provide the twenty thousand megawatts you promised your zombie followers.

He said "governance is not rocket science", Now they are saying "we are not magicians". Dullards.

Yeah, that's last year. This is 2016. Governance has become "rocket science " and we all know the reason. Blind man leading people with one eye, and even the ones with two eyes. angry angry angry angry angry

3 Likes

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by Foxflames: 8:58pm On Apr 25, 2016
I thought this govt accused the past one of not building new roads. Now this govt has no plans of building new roads
Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by shiimah: 9:03pm On Apr 25, 2016
APC gradually becoming wailing wailers... Lol,
How can Osinbanjo say we don't av emough gas to generate electricity when we have untapped gas in PH and her surrounding communities and states.
Jimi Agbaje promised to generate power from all the seas and oceans in lagos, they need to seek advise from Him... Since BUhari/Osinbanjo and d entire APC are clueless.

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by Angoni(m): 9:04pm On Apr 25, 2016
Osunbanje, paster of excuses. Where is the 20,000 megawatts you slowpoke?
Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by franklynsunny(m): 9:07pm On Apr 25, 2016
Frm Day 1...Buhari don't allow dis man to b VP wit his own speech n tour as well bt only speak of bad news in Nig...did any1 notice dis as well

He is nt a VP bt a technical adviser on bad or defaults NEWS

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by Fhemmmy: 9:09pm On Apr 25, 2016
erico2k2:

Extremely expensive. The cheapest source of energy is Nuclear plant.but our level nor reach there

And since our level never reach nuclear, let us do what we can afford because Nigeria as a nation has the money now
Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by davibid: 9:10pm On Apr 25, 2016
All these troubles in just one year of your (APC) rule

Only God knows what will become of Nigerians at the completion of your 4 years tenure!!! kiss

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by almonrea(m): 9:12pm On Apr 25, 2016
Juve4:
…As Energy Economists say PMS should sell at N120/l

By Michael Eboh

The Vice President of Nigeria, Mr. Yemi Osinbajo, on Monday, lamented that the country does not have sufficient gas to fire the country’s power plants to generate up to 7,000 megawatts (MW) of electricity.

This was even as the President of the Nigerian Association for Energy Economics, NAEE, Mr. Wumi Iledare, stated that in line with the current realities in the global petroleum industry and the foreign exchange rate, the price of Premium Motor Spirit, PMS, also known as petrol, in the country should be about N120 per litre.

Osinbajo, who was speaking at the NAEE/International Association for Energy Economics, Annual International Conference 2016 in Abuja, expressed his disappointment in the fact that despite Nigeria’s enormous natural gas reserves of over 185 trillion cubic feet, the country is still faced with huge energy supply problems.

Osinbajo, who was represented by his Senior Special Assistant (Power and Privatisation), Chiedu Ugbo, said: “In fact, it is an irony, that we do not have sufficient gas to fire our power plants up to 7,000MW, yet in energy industry circles, Nigeria is described as more of a gas territory than an oil territory.”

He pointed out that presently, the country has over 12,500MW of installed electricity generating capacity, consisting of gas thermal and hydropower plants, stating of that capacity, about 7,000MW is available to be generated if the required fuel is available.

He, however, disclosed that in spite of the available capacity, power plants in the country, over the last couple of weeks, distributed less than 4,000MW of electricity to consumers across the country.

Osinbajo blamed the development on inadequate investment on gas facilities,gas flaring, inadequate gas infrastructure and vandalism among others.

He said, “We have limited gas molecules to supply to the power plants. This is a result of many years of under-investment in gas gathering and processing for domestic consumption and also many years of gas flaring. Nigeria alone flares about half of the 40 billion cubic meters of associated gas estimated to be flared in Africa annually.

To address the situation, Osinbajo disclosed that the Federal Government is aware that there is no alternative to electric energy for energizing and powering Nigeria’s economic growth and development; hence it is determined to resolve the challenges to achieving sustainable energy supply in the country.

“We are working tirelessly towards resolving the gas-to-power challenge, ensuring that the needed investment will be made in gas gathering and processing for domestic consumption especially for power plants and at the same time working to ensure sustainability of supply of existing gas volumes,” he noted.

Also speaking, Iledare stated that he does not see the low oil price as a disaster for Nigeria, stating that it offers the country the opportunity to adopt fiscal responsibility practices and reduce fiscal irresponsibility.

He further stated the low oil price allows the country to take advantage of the situation to allow prices in the sector to be determined at current international market price, while he recommended a PMS’ price of N120 per litre, stating that the Federal Government had no business regulating the sector.

He said managing the petroleum sector has become‎ elusive, adding that regulators should be autonomous and any regulation put forward should have the backing of the law.

He warned that it is fool-hardy for the country to perpetually develop oil and gas resources for cash, instead of for the basis of satisfying the country’s energy needs.

http://www.vanguardngr.com/2016/04/power-crisis-nigeria-lacks-gas-to-generate-7000mw-osinbajo/
SHAME on You All,Even when non oil producing countries are buying PMS cheaper than Nigerians Shame

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by RYTEBABY: 9:18pm On Apr 25, 2016
Omoakinsuyi:
Baba kekere, we didn't elect you to tell us what we lack, ALL WE NEED IS SOLUTION
real baba kekere.. No wonder his brain is so kekereish like him. But I hear one news and I want to confirm if it is true that redeem RCC has retrieved their pastor's license from u, Is it true?

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by Stancity(m): 9:57pm On Apr 25, 2016
Allstrasse:

Bros, ha! ha ha ha!
Abeg you funny die. But youre speaking the truth. I've been billed 25k monthly for the last 3 months after paying 15k for over 36 months. No meter in my house. Ive paid for it Thrice.
Yet its an2 bedroom on tge same street with PHCN Magodo.
The thing is obviously clear. But we must survive, we ar'nt going to die in the hands of these people
Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by ArchiPelago1: 10:02pm On Apr 25, 2016
Mr Vice President sir, haven't you heard about Biogas?

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by excel101(m): 10:08pm On Apr 25, 2016
Before you promised us during your campaign last year didn't you know that the gas is not enough. I beg get to work and fulfil @ least one of your promises.

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by BushidoBlue(m): 10:45pm On Apr 25, 2016
kinibigdeal:
Fashola - We will generate 15,000MW before 2019

Vice president: We cannot generate 7000 MW because of shortage of gas

Lai Mohammed : We will generate 20,000 MW in 6 months

PMB: Past administration is responsible for our constant power failure

1 Like 1 Share

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by kingsmecca(m): 10:45pm On Apr 25, 2016
Pass the PIB and see if it will not improve the situations of things. We flare gas yet we don't have light, MONEY IN FLAME... End this gas flaring for God sake, channel it to power (Gas To Power).

1 Like

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by nkemjacob2(m): 10:52pm On Apr 25, 2016
Opposite of ur campaign promises is what APC government are doing and saying. Fashola said within six month power is solved, what is happening now even the 5000w available is dropped to 3000w. Are u pple proving to nigerians dey are fools... We dont understand APC any longer... " ALL POLITICIANS ARE LIARS"

2 Likes

Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by tsdarkside(m): 11:20pm On Apr 25, 2016
wait oooooh.......how much mw electricity can we produce max. sef?...

i thought only 5 000mw max......
Re: Power Crisis: Nigeria Lacks Gas To Generate 7,000MW —osinbajo by Damtol(m): 11:51pm On Apr 25, 2016
And pmb will be somebody's role model o.

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