₦airaland Forum

taharqa: Oya, those persons who have been shouting here for d longest time that d Aviation Ministers' Achievements are only Infrastructural (Remodeling Airports, et al) whilst doing nothing in improving Safety in Air operations, may now explain better to us what they meant!!..... By d way, where is @Omo-tier1 sef? Hope he is ok. He has a lot of Explaining to do..

docjuli: At all saying rail is invisible, o di kwa egwu. Take a bus to Ijora Badia, then take the route where the AP tankers park, it will lead you to the rails. When you get there, snap picture and us it as your homescreen/wallpaper. Stay there tomorrow to record the noise of the locomotive and use that as your ringing tone.

Wish you best of luck.

Kairoseki77: If you think about it, it's incredible that a single State Government can rival the acheivements of the entire Federal Government.

What really needs to make the front page, is why other Governors aren't doing more to contribute to our national development. What exactly *is* going on in most of our 36 states? Some of them practically go unmentioned on NL.

Maybe their should be a Northern mod on the politics section so that we can hear what is going on there. We don't hear about most states in general, but the North is practically silent on NL, unless we are talking Boko Haram.

freezy: I took the road on Wednesday morning and not an iota of work has started on it.

I'll take it again tomorrow and I'll give updates if anything has been done.

4llerbuntu: This your article started out with





Then went on to




and Finally




I DONT KNOW ABOUT YOU, BUT ENGLISH COMPREHENSION IS NOT MY PROBLEM.

First it was "HAD", Then "Would", then "Should"

But you said it was working at full capacity? and I know Power has not improved 1 bit in lagos in the last 2 months

can you please explain the bolded in Yoruba, hausa, and Igbo for us to hear?


Do u people think you are deceiving your village market women?




This part is even more amusing



Oh the money was not "diverted", it was micromanaged in fixed deposit since 2011 when the contract was awarded shey?

Dee60: Stories we have heard for many years. Let us see the roads, please, not announcements!

Even Lagos Ibadan that was kicked off by His Excellency, not a single spade seems to have moved since then. We do not need talk talk, we need act act!

awodman: The Federal Road Safety Corps (FRSC) has appealed for caution and patience on the Lagos-Ibadan expressway as construction work has begun on the road which serves as a major link between Lagos and other parts of
the country.

Sincere 9gerian: @moderators.., consider the thread below for front page

https://www.nairaland.com/1406539/fec-approves-n124bn-reconstruction-enugu-port

If threads reporting Fashola shaking hands with white men make front page with ease, I wonder why a thread announcing the award of major road contracts is still in the backyard of politics section

cashkid18: As usual,it wil al end up on d pages of d newspaper!!!smh

Obiagelli: Which tactics? Let everyone play by the rules, no special treatment, no antecedence set

Obiagelli: Oam4j since when are we allowed to create altanate account or user name after a ban? This guy should get a longer ban = PointB*
Why is sincere 9jerian allowed to break several forum rules in the prentence of complains.

This nonsense should stop

Freeanijoo: All this good news coming from all corner, i hope haters can stand them.

Obiagelli: Now i can celebrate this. Locomotive for cargo is acceptable. Good job

asha 80: really if interstate is not ready they should fccuuk off mehn..no time for such stupidities..give the reserve bidders the chance to take up the challenge haba.

awodman: Meanwhile, Eastern Electric Company, the reserve bidder
for the Enugu Electricity Distribution Company, has
declared its preparedness to pay $126 million for the
takeover of the company, which provides power to the
South-eastern part of the country.

The company expressed its willingness in a statement
Wednesday by its communication consultant, Mr C. Don
Adinuba, following the inability of Interstate Electrics to pay
the remaining 75 per cent of the bid price at the close of
payment Wednesday.

The consortium was formed by the five South-east state
governments; Nestoil, a major indigenous operator in the
upstream sector of the petroleum industry; Aba Power Ltd
and Geometric Power Ltd, led by former Power Minister
Bart Nnaji and Diamond Bank’s founding chairman Pascal
Dozie, among others.

Maxymilliano: What the government awarded was the reconstruction of Apapa-Oshodi Expressway Section 2 Phase II as contained in the provided link.

The question you should ask is where is Section 2 Phase II along the axis ...

Seven years after it lost its full installed generation capacity as a result of a faulty turbine, the Egbin Power Plc said it had bounced back to its installed capacity following a N1bn repairs on its sixth turbine unit (ST-06).

The Chief Executive Officer of the plant, Mr. Mike Uzoigwe, who addressed journalists at the plant on Wednesday, said the nation’s biggest power plant was ready to add 220 megawatts to the national grid.

The power plant, which has installed capacity of 1,320MW, has suffered a setback for some years due to ageing parts and paucity of funds to upgrade the facility.

Egbin was built about 30 years ago to operate on six turbine units at 220MW each, until 2006, when unit six exploded due to some water tube challenges.

The power plant was generating about 700MW before suffering a system collapse.

Uzoigwe, who confirmed the system collapse, said, “Power would be restored in a short while, due to its new ‘black-starting’ mechanism. Before now, system collapse takes power plants in Nigeria about five days to restore electricity, but the black-starting technology will make it possible within hours.”

Uzoigwe explained that the plant would be operating at full capacity soon, after about seven years of partial operation.

He noted that the plant repair contract was awarded to an original equipment manufacturer, Hitachi of Japan.

He said the company had spent so much money to procure some parts of the plant, adding that all the cannibalised parts were replaced between 2011 and 2012.

He said the management of the plant had also awarded contracts for the final repairs of the plant, saying these were valued at N1bn.

He said, “Repair of unit six will last for 90 days after which the unit should be handed over completely repaired and ready for operation.

“Work effectively started on July 1, 2013 and is still going on. This will lay to rest the rumours that money meant for ST-06 repairs was diverted sometime in the past.”

ba7man: Wonderful news to wake up to.

The Railway revival continues its upward march and we will surely get there.

Surely, this is good news for everyone. Its now left to Nigerians to ensure the trains don't always arrive at the port empty......If you know what i mean.

asha 80: what is wrong with emeka offor's interstate?

In line with the strategy of continuously increasing its sphere of operations, the Nigerian Railway Corporation will this week Friday, flag off the movement of container freights from APM terminal in Apapa Port to Inland Container Nigeria Ltd (ICNL) depots in Kaduna and Kano.

To set the ball rolling, initially, 20 wagons carrying 20 to 40 containers will be moved per trip with the intention to making 3 trips a week. The commencement of the container traffic will, no doubt, help in decongesting the ports as well as help in facilitating the establishment and use of Inland Container Depots (ICDs) along the track corridors.

The Managing Director of the NRC, Adeseyi Sijuwade, said the container traffic was a strategy demonstrating the carriage ability and readiness of the Corporation to further enhance the development on the nation’s economy and to enter into partnership with organizations that require the services of the Corporation.

In his words “Single train haulage of 20 containers is equivalent to 20 trailers or 40 trucks on the road and this goes a long way to improve the economic, health, safety and environmental sustainability of the nation”, he added. He also said that the Corporation will commission some newly acquired assets which include four 1800HP locomotives and two 100-ton telescopic cranes.

It would be recalled that the Corporation enhanced its passenger carriage capacity recently by flagging off the third weekly Lagos – Kano intercity passenger train and has been maintaining steady increase in its goods and passenger train services

Nigeria’s power sector future is beginning to look positively entrenched. After months of frenetic activities, the winning bidders for the 15 generation (Gencos) and distribution (Discos) assets of the Power Holding Company of Nigeria (PHCN) by the 14 buyers paid up the remaining 75 percent of the bid sum, marking a significant shift in strategy by the Federal Government on how electricity should be delivered to the consumers.

Atedo Peterside, Chairman of the Technical Committee on Privatisation, called it “a major milestone for Nigeria.”

“It is the day that the centre of gravity in power shifted from government to the private sector just like it happened in the telecoms sectors many years ago,” he told BusinessDay.

BusinessDay, as at press time confirmed that all the winning bidders had paid up except for Interstate Electricity Company, bid winners for Enugu Electricity Distribution Company and Shiroro Generation Company bid winner, North/South Power limited. Both failed to make the cut.

BusinessDay also confirmed that bid winners for the Sapele Generation Company fell short of its bid payment by $40 million after paying $110 million.

“Now that they have paid, the assets belong to them and we hope they can now go ahead to justify the investment they have made,” Peterside told BusinessDay.

The country is expected to realize about $2.5 billion (N402.5 billion) from this final phase of the exercise that began in February this year.

“We are moving into interesting times,” says Albert Okumagba, Group Managing Director/Chief Executive Officer of BGL Plc. “But let all stakeholders let the consumers know that they (investors) have a road map that will benefit all and how soon they intend to democratize their company. The consumers need to be reassured.”

Sam Amadi, chairman, Nigerian Electricity Regulatory Commission (NERC), said: “This means the ground has shifted from government total control and management to much more private sector involvement. It means we have succeeded in the two major planks of the power reforms which are the liberalisation of the sector for private investors to come in and the creation of an electricity market. Before now, there was no electricity market and no rules and regulations. Now, electricity is done on bilateral contracts with proper rules and regulations. It is a transformation and the President Jonathan should be commended for this.”

According to him, one of the initial steps to be taken by the new investors is to look at their license conditions and business proposals with which they won the bids and ensure that they fulfill them.

“NERC will ensure that they comply with the rules and provide quality service to the consumers.” Amadi added.

Solomon Adegbie-Quaynor, country manager of the International Finance Corporation (IFC) which recently unveiled its plans to support core investors in the sector to add 1,500MW to the national grid, said the investors should take stock of their assets to understand the positives and the weaknesses, adding that they need to also take stock of the people, to assess their expertise and competence.

“IFC is very happy to see the private sector get involved. While there are still some issues to be resolved, we think it is a welcome development.”

I think there is a clear commitment by all the relevant agencies involved in the privatisation to make it successful. The government leadership, the ministry of finance, BPE, NERC, and all the other agencies are going in the right direction. That makes for more coherence in the privatisation, compared to that of NITEL.

“Obviously, the entry of the private sector is going to be a positive development. The private investors will not want their investment to go down the drain so they will strive to turn the place around to recoup their investment through quality service delivery to the consumers,” said Akin Adetunji, executive vice chairman, Terra Energy Services Nigeria Limited.

He noted that some of the challenges to be faced by the new investors would include issues of gas supplies and transmission, adding that a lot of investment needs to be made to improve the transmission network and guarantee gas supply to power plants.

“The new investors should drive the government to its part particularly in the areas of gas supplies and transmission. Power that does not reach the consumers does not translate to money,” Adetunji said.

Analyst say focus will now shift to the more thorny labour related issues of the process to secure a sustainable transition road map. There were also questions around when the Power Holding Company of Nigeria (PHCN) will be extinct as an entity and the assets handed fully over to the investors.

But some top executives who spoke last night say they are already on the verge of fully resolving that.

“We have resolved at least 90 percent of any Labour related issues for us at the Ughelli power plant, says Adeoye Fadeyibi, MD/CEO Transcorp Ughelli Power Limited, whose company fully paid $300 million for its acquisition of the plant.

“We are excited about the take over and we will ensure the sustenance of the growth plan we have for the plant and we expect to officially take over within the next two weeks,” he told BusinessDay.

Bex Nwawudu, Cambridge University trained investment banker and director at CBO Capital, described the development as an excellent news.

“We have made solid progress. I understand the difficulty there can be completing a major privatization programme in the power sector in a place like Nigeria and not many expected that the process will end so well and so promptly.”

Funke Osibodu, Director at Vigeo which bought Benin Disco say they did not at any time entertain any doubt that we will meet the payment deadline.

“We have always believed in the privatization programme and we are able to assure electricity consumers in the four states which we will serve that our Disco is one with a difference. We have been close participants in the electricity delivery process and we intend to use our good knowledge of the business and superior skill to deliver top class service to our customers. We also delighted that the BPE and the government is playing their part.”

Obiagelli: Bro get your facts the train runs twice a week and moves about 5,500 people weekly, tell me how this justifies 24 billion Naira spent.

http://www.punchng.com/business/nrc-commences-third-weekly-lagos-kano-train-service/

Kessythegeek: Nigeria's problem is not just power generation..but Power distributiön..how can 1 transformer control 25 streets?