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Nairaland Forum / Nairaland / General / Politics / 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract (16570 Views)
FG-Siemens Power Deal: Transformers Arrive Nigeria / 25,000MW Siemens Power Project Begins Q1 2022 / Siemens Begins Work On 25,000MW Project As FG Approves Pre-engineering Contract (2) (3) (4)
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Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by RESTMOUTH99(m): 8:16pm On Feb 22, 2021 |
Nigerian Technocrat like Prof. Bath Nnaji has the capability if supported to generate enough power to resolve the power problem in this country but cabals that hold this country in ransom won't allow that development to happen, likewise in the petroleum industry. |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by plaindealer: 8:17pm On Feb 22, 2021 |
Zico5: This is a very zero sense post, shows how vacuous many of you are. If you don't know anything about this project, why not first try to find out about it instead of blaming the government for your own ignorance and lack of current affairs knowledge. How do you even lambaste the government for your own ignorance especially when all the facts are out there, fully disclosed from consumption to funding and the entire roadmap to fruition. Going by your post, almajiri people are more knowledgeable and better educated than you. 1 Like |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by bankylan: 8:19pm On Feb 22, 2021 |
The dude doesn't have a clue about the project and he does not understand the industry at all. I answered him already. [ quote author=plaindealer post=99327453] This is a very zero sense post, shows how vacuous many of you are. If you don't know anything about this project, why not first try to find out about it instead of blaming the government for your own ignorance and lack of current affairs knowledge. How do you even lambaste the government for your own ignorance especially when all the facts are out there, fully disclosed from consumption to funding and the entire roadmap to fruition. Going by your post, almajiri people are more knowledgeable and better educated than you.[/quote] |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by plaindealer: 8:21pm On Feb 22, 2021 |
bankylan: Well, said. Sometimes I worry about our youths and their mentally lazy dispositions. They don't read, they don't follow the news, they don't even exercise their brain to seek basic knowledge about their own country, but always quick to sun to the internet to expose their ignorance. It's very sad, 3 Likes |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by bankylan: 8:21pm On Feb 22, 2021 |
Prof Nnaji does not have the capability to "generate" power, whatever that means. Is he the gas producers or the generating plants. Is he the one that drafts PPAs and gas contracts? It is not an individual thing.. Besides, generation is the least of our problems presently. I advise you read more about Electricity. RESTMOUTH99: |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by plaindealer: 8:24pm On Feb 22, 2021 |
bankylan: They don't know anything, they are almost brain dead, they just criticize because criticizing and abusing the FG is their eternal and mental default. |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by bankylan: 8:30pm On Feb 22, 2021 |
But Prof Nnaji is playing his part as one of the best brains we have in the Industry. He can only do his best in a regulated industry. I am sure he has one IPP in the east and he is doing well. [ quote author=RESTMOUTH99 post=99327427]Nigerian Technocrat like Prof. Bath Nnaji has the capability if supported to generate enough power to resolve the power problem in this country but cabals that hold this country in ransom won't allow that development to happen, likewise in the petroleum industry.[/quote] |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by plaindealer: 8:30pm On Feb 22, 2021 |
The project has attracted low-cost financing backed by the German government and credit-risk guarantees by Euler Hermes Group SAS, according to Tifase. Lenders including Commerzbank AG and Deutsche Bank AG have indicated an interest in extending credit, she said. German lenders are expected to finance the supply of all equipment, products and systems for the project. This is a low-cost financing backed by the German government. German Chancellor Angela Merkel came to Nigeria to put the deal on the table. Unlike many previous looting and stealing power schemes by past administrations (Looted $16 Billion power fund by OBJ and his cronies) this is a government to government transaction with no middlemen and looting opportunities. 2 Likes |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by Rossnitti: 8:41pm On Feb 22, 2021 |
mikeapollo: Name the 'infrastructure' you're referring to here. You'll probably find that building that 'infrastructure' is part of the Siemens deal. All I see is loud noise from a buffoon, like the other negative-minded, ignorant and stupid buffoons on this thread. You actually DON'T want progress in this country, you lot. You want it to fail because you're evil-minded people who need to be negative and hateful, or you'll go mental. 2 Likes |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by bankylan: 8:56pm On Feb 22, 2021 |
Lol, there is no 16b dollars spent anywhere and I don't want us to go into politics . That noise of 16b dollars was a propaganda. This I can tell you authoritatively. Otherwise people are going to be asking about billions that have been spent on Power since 2015. I have records of billions spent and many billions we are still spending on capacity payments . Like I said, we should not talk about politics and this govt and previous govt. The PDP govt did the right thing with the privitization in 2005. Only that those that bought the unbundled companies did not do a due diligence on the assets they bought and many of them don't have the financial and technical competence. We have to blame the govt too as TCN that is still 100% owned by the FG hasn't improved . Let us stick to the facts of the industry and forget about politics. Even this project Like I told the Chief Technical Officer to the FG who is like a boss to me, many things are not included and we are praying this won't go the way of other policies. The market is in stages and as we move to the next stage, we can only pray for improvement. So bros, leave the issue of 16b dollars alone o. Na mere politics. No one can prove it or show any evidence to support it. plaindealer: 1 Like |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by Nobody: 9:03pm On Feb 22, 2021 |
Raxxye: https://www.youtube.com/watch?v=Wg7lfHL_l1w |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by Rossnitti: 9:15pm On Feb 22, 2021 |
RuudVanNisteroy: RuudVanNisteroy, interesting video. But wait a minute. Shouldn't David Cameron have returned the billions of looted pounds from his British banks, back to Nigeria? He hates corruption, right? 1 Like |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by Nobody: 9:22pm On Feb 22, 2021 |
theenchanter: APC lies so much, they lose track of their lies. |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by Nobody: 9:24pm On Feb 22, 2021 |
Rossnitti:Why should he return it when it will be re-looted and sent to Dubai banks. He was waiting until Nigerian had a responsible government. |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by darkwan: 9:43pm On Feb 22, 2021 |
nigeria already has enough power.... its greedy nigerians that dont allow it to work.... its not the fault of fg.... its the fault of common nigerian citizens.... |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by galadima77(m): 9:44pm On Feb 22, 2021 |
Maybe I don't get it but from what I understand, we paying that sum for "advice" on how to boost power output to 25kMW? |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by darkwan: 9:48pm On Feb 22, 2021 |
galadima77: if you common nigerians dont change una mindset,nothing will change.... invest 20trillion dollars into it,it will not change anything.... nigeria must introduce more death sentence like china....this soft democracy is not gonna work....!! 2 Likes |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by darkwan: 10:01pm On Feb 22, 2021 |
look how herdsmen ran when the yorubas got angry.... nigerians must get tough with this politicians.... give them mandate,if they fault,immediate death sentence....!!!! thats why i love whats is going on in imo right now against okorocha.... they called him out....!! he is a noboby....!! |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by plaindealer: 10:02pm On Feb 22, 2021 |
bankylan: This is not even about politics, past administrations and OBJ has nothing to do with politics, they were in charge so naming them has nothing to do with politics. I don't even remember mentioning PDP or APC. The question now is, if $16 billion was all propaganda, then how much was spent or spent so far and why are we still in darkness even regardless of how much was spent or not? It's like saying no money was budgeted for power, spent or looted because we can not prove it, even OBJ and the people involved wont deny the existence of $16 billion or any amount of money they budged, spent or looted. I totally disagree with you about privatization, you can not say they did the right thing while admitting that they sold power assets to to people without power management, generation experience and definitely money to expand and grow their operations with. They obviously did not do the right thing and we are still suffering due to the fact that they did not do the right thing, not even basic due diligence. |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by Passionate1(m): 10:24pm On Feb 22, 2021 |
Angelmichael63:One day God will help ; Dey wait for God |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by Rossnitti: 10:34pm On Feb 22, 2021 |
RuudVanNisteroy: No, he doesn't have to give any money to the Nigerian government. They could LITERALLY hand the cash directly to ordinary NIGERIANS via a 'cash-back' scheme. This is 2021. Digital age. Easy peasy. Or they could execute infrastructure projects. There are multiple ways they can return the funds without handing any money to government. What do you think, RuudVanNisteroy? 1 Like |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by morgstreme: 10:54pm On Feb 22, 2021 |
eedimo: Buhari has already done it... NO PRESIDENT DOES IT BETTER...when it comes to Infrastructure in NIGERIA.. NOBODY!!!!!!!!! |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by morgstreme: 11:00pm On Feb 22, 2021 |
[quote author=TruthHurts1 post=99320688] What happened to the 2007/2008 Agreement which Yar Adua signed with the same Siemens and the German Government to supply 6500 mw by 2020? It seems like Siemens has a habit of ripping off Nigeria whenever half dead Katsina men are occupying Aso Rock. [img]https://images./5mwZbgzkmi0YHjONmCDuDT.jpg[/img] [img]https://images./3EzqFPaqVErl1XFtovj5uo.jpg[/img] [img]https://images./7MTFC4ZZnhOab1fm33tanO.jpg[/img] [img]https://images./3rfL0Ff1U6wwhDVBOJ9Cl0.jpg[/img] [img]https://images./45u41YO1mnx9VMGJ9p7n62.jpg[/img][/quo Ask GEJ! |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by morgstreme: 11:01pm On Feb 22, 2021 |
Angelmichael63: |
Re: 25,000MW Deal: FG, Siemens Sign Pre-Engineering Contract by lozanni(m): 11:29pm On Feb 22, 2021 |
This is a good effort by the FG, but comparing this with South Africa which generates 58,000 megawatts for a population of about 59million people; it can be seen that 25,000 megawatts in about six years time for a population of 200 million plus individuals is a very far cry from what Nigeria should be planning for in terms of electric power generation. The above is very poignant because the level of electricity generation, transmission and distribution is directly related to the level of economic development of a country and the financial well being of it's citizens. |
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