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 Politics › 434 MW Geregu 11 Power-plant Completed by awodman(op): 6:01am On Jun 11, 2013 |
Siemens Nigeria, a major player in the country’s power sector has successfully handed over the Geregu II gas turbine power plant in Ajaokuta, Kogi State to the Niger Delta Power Holding Company, NDPHC.Source:www.vanguardngr.com/2013/06/siemens-hands-over-geregu-ii-to-ndphc/ 2 Likes |
| Politics › Re: President Jonathan’s Faulty Self-Assessment by awodman: 7:25pm On Jun 10, 2013 |
Unfortunately PUNCH as usual continues to rehearse well known sentiments...they Ave decided to view the glass as HALF EMPTY...meanwhile objective Nigerians will continue to view this glass as HALF FILLED... 1 Like |
| Politics › Re: Jonathan’s Administration Is Crippling Our Activities, NEITI Laments by awodman: 7:17pm On Jun 10, 2013 |
Gbawe: Jonathan exposed as "more of the same"? Surprise, surprise. As if this was not entirely predictable considering that this man was backed into Aso rock by the most corrupt Nigerians alive.Did you even bother to read through or did the SENSATIONAL headline suit your inclinations and u rushed into condemning Jonathan as usual... What NEITI complained about is purely about the issues of budgetary provison and they are not the 1st government institution to compalin about slash in budgetary allocation...see here... “What we have tried to identify is that between 2011 and 2013, there has been some 50 per cent reduction in our budgetary allocation which we thought was threatening the smooth operation of our work. Why premium times decided to sensationalize this report is what I don't understand and interestingly they ignored this part of the report... “Out of the 39 countries that are implementing EITI, Nigeria’s mode of implementation has been rated the best,” he added. And I ask if their operations is been frustrated by GEJ as alleged by premium times then how is the above possible... 4 Likes |
| Politics › Residents Of Borno Community Relive Ordeal Under Boko Haram Regime by awodman(op): 11:34am On Jun 10, 2013 |
"It was like a military coup here two months ago when all the government officials ran away," said a white-bearded elder in Kirenowa, as he described how his village in northern-eastern Nigeria came under the control of the Islamist group known as Boko Haram. "We were in real difficulty when Boko Haram were here; life was terrible - they extorted our money," he told the BBC in the village which lies just 40 kilometres from the porous border with Cameroun. "They were moving around in the village with their cars - they went to (nearby) places like Chikunguldo and Wulgo as well as inside Chad." A short distance along the sandy road within the district of Marte there are the hallmarks of the militants; the burnt- out church and the remains of the village police station, which was also gutted by fire.In front of the roofless, blackened building is the carcass of a burnt car. The Nigerian military offered to take journalists in a protected convoy to these areas of Borno State in an effort to highlight what it describes as key gains in the fight against Boko Haram. Just over three weeks ago, President Goodluck Jonathan declared a state of emergency in Borno, Adamawa and Yobe States. He announced a renewed military offensive after making the somewhat surprising announcement that Nigerian territory had been seized by Boko Haram. Earlier this year, Boko Haram's black flag replaced Nigeria's green and white one in several villages of Borno State, including Marte - a sign that the insurgents were under little pressure from the Nigerian armed forces. These areas close to the shrinking shores of Lake Chad are extremely remote and poor. Travelling by road North-east from the state capital, Maiduguri, the crumbling infrastructure is evident. Sections of the tarmac road look as though they have been hit by an earthquake and drivers are forced to take to the sand, which is steadily swallowing the concrete, cable-less electricity poles. It is no surprise that decades of neglect by successive governments and the biting poverty, played into the hands of the jihadists looking for recruits. "Some of them join because they are interested in handling guns because that's new to them, and some are aware that it is a way of getting some money," said a young man in his early 20s, who pointed to the lack of job opportunities in the area. "All we do is fishing and farming, although some of us engage in the black market selling fuel or petty trading." We were driven to a former Boko Haram camp north of the village of Kirenowa. The presence of items such as medical gloves suggest there may have been a small clinic there, although it is impossible to know how many people ever stayed on the site. An initial security briefing said there was no fight for the camp - Boko Haram members set fire to the vehicles they could not move and fled before the military moved into the area.Journalists were later told the militants were preparing to leave when the air force and ground troops struck. "Some of them have been able to withdraw to Chad and we are making efforts to pursue them," said Lt Col Danladi Hassan, who was the commander in charge of the operation to retake the camps. Was he surprised that they had managed to establish bases? It seems not. "We've been hearing about the camp for some time and we've been planning for it," said Hassan. "And that's why we came in and ensured they were dislodged." You might wonder why, if the army knew about the Boko Haram camps, they took time before targeting them, seeing as the nearby villages were steadily sliding out of the government's hands and the Islamist militants were starting to hold territory. A teacher in Marte who did not want his name revealed said the terrorists were forcing changes on the village back in January. "Boko Haram are the ones who told us to close the school because they don't want to see any western education," he said. "We are now preparing to re-open the school with the arrival of the army and we are now free." When we visited Kirenowa with the army, the entire village had gathered and applauded on cue as the Nigerian military was lauded - it may have felt like a publicity stunt but people I spoke to said they were glad the military operation had dislodged Boko Haram. But dislodging is not the same as defeating and so far, there has been little evidence to suggest many fighters have been killed in the offensive - they have been disorganised and dispersed. "The next stage is to consolidate and ensure miscreants and troublemakers in the form of terrorists don't have access to civilian areas where they can cause problems," military spokesman, Brigadier General Chris Olukolade, said. "Do you think there could be any Boko Haram members amongst the assembled villagers here?" I asked one man sitting on the ground. "No, I'm not aware of any," he replied in a whisper. •Culled from BBC Source:www.thisdaylive.com/articles/residents-of-borno-community-relive-ordeal-under-boko-haram-regime/149971/ |
| Politics › Re: PDP Ignores Court Ruling On Amaechi by awodman: 3:03pm On Jun 06, 2013 |
Did u guys read this part of the report? "Meanwhile, there are no indications that Mr. Amaechi posted the court documents on the walls of the PDP secretariat." You don't serve court orders through the pages of newspapers.. 7 Likes |
| Politics › Re: Reps Move To Simplify Impeachment Of President by awodman: 2:33pm On Jun 05, 2013 |
Shey na GEJ go still sign this bill into law  |
| Politics › Re: Payment Of PHCN Workers Benefits Begins On June 17th by awodman(op): 10:35am On Jun 05, 2013 |
The long road to privitization is gradually coming to end..we hope this translates to immense benefits to Nigerians..More political will we ask of you GEJ so that you can bring this reforms to logical conclusion... |
| Politics › 200 Investors Jostle For 10 NDPHC Power Plants by awodman(op): 10:18am On Jun 05, 2013 |
Over 200 investors have commenced moves to acquire the 10 National Independent Power Plants to be privatised by the Niger Delta Power Holding Company. Speaking during the NIPP Privatisation Roadshow in Lagos on Tuesday, Governor Gabriel Suswan of Benue State, who chaired the occasion, said over 200 investors had expressed interest in the 10 gas-fired power plants with a combined design capacity in excess of 5,453 megawatts. According to him, 53 per cent of the NDPHC plants is owned by states and the local governments, while the Federal Government owns the remaining 47 per cent. While assuring of a transparent privatisation process, Suswan, who is a member of the NDPHC Board of Directors, said, "Over 200 entrepreneurs have expressed their interests. The roadshow is just to show the potential investors that we are serious. We are starting from Lagos, followed by London, United States and Hong Kong. "We want to encourage the private sector in Nigeria and the banks that this is the way they should go." According to him, expression of interest will end on July 19, 2013. The governor encouraged investors present at the roadshow to take advantage of the EOI window before it closed. The power plants slated for privatisation include: Omotoso, with capacity to generate 450MW; Sapele, 450MW;Geregu, 434MW; Olorunsogo, 750MW; and Ihovbor, 450MW. Others are Gbarain, 225MW; Alaoji, 450MW; Calabar, 561MW; Egbema, 338MW and Omoku, 225MW. When fully operational, the Minster of Power, Prof. Chinedu Nebo, said the plants would double the country's capacity to generate electricity. He said, "The power sector will thrive in the hands of the private sector and drive the Nigerian economy. We will give maximum support to investors to take over the sector. "The entire process of privatisation of the power sector is irreversible and what happened in the telecoms sector is about to repeat itself in the power sector. We expect that the achievement in the power sector will dwarf the telecoms sector. We expect this to revive our economy and revive our SMEs, which are currently moribund." Speaking in the same vein, the Chairman, Presidential Task Force on Power, Mr. Dagogo Jack, promised that the government would provide incentives for power investors to encourage them. "This project is consistent with government's policy to push the plants to the private sector, which can manage it better. Government will create incentives for investors in the power sector," he said. Should they emerge the preferred bidders, the Delta State Governor, Dr. Emmanuel Uduaghan, advised the potential investors gathered at the roadshow to immediately contact the governors of the states where the plants were located to develop a security master plan for their operation. Emphasizing that most of the power plants are located in the Niger Delta, Uduaghan assured investors that the area was now safe for investment. Source:mobile.punchng.com/output.php?link=http://www.punchng.com/business/business-economy/200-investors-jostle-for-10-ndphc-power-plants/ |
| Politics › Payment Of PHCN Workers Benefits Begins On June 17th by awodman(op): 10:00am On Jun 05, 2013 |
The Federal Government has set June 17, 2013 for the commencement of the payment of the N384bn severance benefits to the workers of the Power Holding Company of Nigeria. The Minister of Power, Prof. Chinedu Nebo, said this while responding to questions from members of staff of the Egbin Power Plc in Lagos on Tuesday. The minister explained that barring all unforeseen contingencies as well as documentation lapses by the over 50,000 workers, payment would begin on June 17. "For several months, the technical and implementation committee on payment of severance benefits has been meeting on the issue and we thought by now we would have gone far with the payment," he said. Nebo, however, said the insistence by the labour unions in the power sector that casual workers numbering over 12,000 should be fully integrated into the system and given appointment letters had delayed the payment exercise. "I can authoritatively tell you that as at yesterday (Monday), the appointment letters of the casual workers have been signed. They should start paying by June 17," he said. The minister said forms had been circulated for verification among the workers with a 14-day ultimatum for them to fill and send them back to Abuja. "We need a lot of cooperation from you so that the information we get will be authentic," he added. Allaying the workers' fears of being short changed during the payment process, Nebo said, "Your leadership has signed documents and no one is going to give the workers less than what is stipulated in the condition of service. Very soon, the money will start hitting your accounts." Advising the workers not to be sceptical about the privatisation process, the minister urged those that might be called upon by the new owners of the power firms not to hesitate to serve their fatherland. Source:mobile.punchng.com/output.php?link=http://www.punchng.com/business/payment-of-phcn-workers-benefits-begins-june-17/ |
| Politics › Re: Akpabio To Commission 30 New Projects, Flag Off Others by awodman: 7:15am On Jun 05, 2013 |
Look at the quality of roads with the well designed landscape and yet the users don't pay to use this facility..and lest I Forget this road is in a rural area...Akwa ibom ayaya ooooo 5 Likes |
| Politics › Re: Nigeria To Generate 7,000 Megawatts Of Electricity By 2014 - NERC Chairman by awodman: 5:34am On Jun 05, 2013 |
Sincere 9gerian: Even if we attain 7,000MW by then, it will still be massive. The ministry is aiming at a higher target (10,000MW) by year end while the regulator (NERC) is being very conservative in its expectation. Whether 10,000 or 7,000MW is attained, the biggest challenge remains distribution and transmission. The privatisation of the DISCOS will be a very big relief to the system. However, transmission system still requires massive govt investmentAnd he didn't say it is December 2013... "By our projection, we will get up to 10,000 megawatts by FIRST QUARTER of 2014, but the commission prefers to expect a much lower figure, which is 7,000." |
| Food › Re: Beans Lovers by awodman: 4:54pm On Jun 04, 2013 |
Don't dare mess with my beans....mix my beans with plantain..then you don kill me be dat  |
| Politics › Re: Nigeria Media Is "Junk","useless" - OMOJUWA by awodman(op): 8:55am On Jun 04, 2013 |
@Afam4Eva @Gbawe @Garri thank God you all agree that most Nigerian Headlines are misleading and most times distort Facts outrightly...ope u express the same sentiment when its a GEJ issue... |
| Politics › Re: Mid-term Report's A Compendium Of Errors,yet Gej Signed On Pages With Errors!! by awodman: 8:34am On Jun 04, 2013 |
So after some painstaking fault finding this is all ya could come up with  ...So its nw typographical errors??..no more PAPER achievements...That not withstanding whoever was responsible for this errors should be sanctioned and corrections effected...let's see whr next they will attack from... |
| Politics › Nigeria Media Is "Junk","useless" - OMOJUWA by awodman(op): 8:10am On Jun 04, 2013 |
A blogger, Japhet Omojuwa, has described the Nigerian media as junky and useless, in reaction to a Channels TV publication which suggested that he underestimated the struggles of late human rights fighter, Gani Fawehinmi. “Any Nigerian news I miss on these foreign news channels will be delightfully missed,” Mr. Omojuwa said. “Too much junk here. Reason these politicians don’t speak to the local press. Most are as good as useless!” A war of words had ensued on twitter between Mr. Omojuwa and some other social media users on Sunday after the blogger was accused of trivializing the impacts of the dogged fights of the late radical Lagos lawyer. Mr. Omojuwa, who appeared on a Channels TV youth programme, Rubbin Mind, had tried to argue that social media activism is a more innovative way of mobilizing protests against the government. When the presenter, Ebuka Obi-Uchendu, suggested to the three guests on the programme that protests might be more productive if taken to the streets the way late Mr. Fawehinmi and Mr. Olisa Agbakoba did, Mr. Omojuwa intercepted, asking, “What did those protests change?” He then added, “I protested against a particular airline without carrying a placard. If you say that is not a protest, mention my name in their offices and you understand how….” Many people on twitter interpreted the comment to mean that Mr. Omojuwa triviliazed Mr. Fawehinmi’s protests and contributions to Nigeria’s development. The blogger’s comment became even more controversial after Channels TV posted a short clip of the programme on its website with the headline “Our ‘noise’ on social media is achieving more than Gani did”. Among the first to react was London-based activist, Kayode Ogundamisi, who said via his twitter handle @canary, “Now I am going to bring out koboko (whip) and flog my brother @omojuwa openly, still does not change my view about him as one with great potentials.” He described Mr. Omojuwa’s comment as a serious error of judgment and then went on to educate the blogger about how protests by Gani Fawehinmi “changed a lot!” of things in Nigeria. “Let me start by saying Gani Fawehinmi saved over 370 Nigerian students from unlawful expulsion, Mr. Ogundamisi said. “I can list over 68 Students that Gani Fawehinmi saved from unjust expulsion using the instrumentality of law. That is change you can vouch for.” He added, “Gani Fawehinmi did not only protest, he led an exemplary life, spent his money and resources. Never received a dime for his activism and protests. “I analyse Nigeria on social media but the true hero is that Nigerian on the street daring an armed policeman insisting “I won’t give you a bribe.” But another commentator named F., with twitter handle @unofidel disagreed that Mr. Omojuwa’s comment was an error of judgment. “It is not an error of judgment,” he said. “It was a cocky, thoughtless statement by someone who felt he was more influential.” Abuja-based lawyer and activist, Abdul Mahmud, was even angrier at the comments ascribed to Mr. Omojuwa. “Pity! That youngboy has never smelt the inside of a police cell, so I grant him his stupidity,” Mr. Mahmud tweeted. The lawyer was to publish several other tweets educating Mr. Omojuwa on Mr. Fawehinmi’s giant strides in the defence of freedom and democracy. His final tweet for the night read, “If Gani didn’t succeed, please, ask your dad and mum if they ever voiced opposition to Buhari/IBB/Abacha publicly.” But Mr. Omojuwa soon issued a denial saying, “Whoever said I said that is a liar. If I did, those who watched it (the programme) wouldn’t have had anything else to discuss after the show.” The blogger then descended on Channels TV describing the station as a mediocre junk news platform and its tweets blasphemous. He said, “@Channels_TV You are a shame to the ethics of this job. A big shame. You will rot where liars rot for that headline. LIARS OSHI! “You are absolutely irresponsible. Absolutely. Bow in shame for this. Bow in shame!” At a point he tore at the local press describing them as junky and useless, and suggested that he would begin to consume news only on foreign channels. “Any Nigerian news I miss on these foreign news channels will be delightfully missed,” Mr. Omojuwa said. “Too much junk here. Reason these politicians don’t speak to the local press. Most are as good as useless!” premiumtimesng.com/news/137455-nigerian-media-are-junks-useless-blogger-omojuwa-says-as-controversy-rages-over-comment-on-gani.html |
| Politics › Re: Foreign Investors Pour Into Nigeria As Economy Accelerates (Updates) by awodman: 5:43am On Jun 03, 2013 |
awodman: Local, foreign investors create N912.4bn worth ofSource:www.vanguardngr.com/2013/06/local-foreign-investors-create-n912-4bn-worth-of-new-investments-in-nigeria/ |
| Politics › Re: Buhari Faults Clampdown On Boko-Haram Members by awodman: 10:18pm On Jun 02, 2013 |
by Reno Omokri When the military was accused (rather prematurely) of destroying the town of Baga in Borno State, the opposition in Nigeria went into over drive. They gave all kinds of figures of houses that were destroyed and blamed every destruction on the Nigerian military even though it was an established fact that the militant sect, Jama-’a Ahl al-sunnah li-da’wa wa al- jiha-d, commonly referred to as Boko Haram, were the ones that used rocket propelled grenades which have incendiary capacity and could destroy buildings. Of all the voices that condemned the government and the military, Major General Muhammadu Buhari (rtd)’s voice stood out. Not only did he condemn the Nigerian military forces that took part in the defence of Baga along with troops from neighbouring nations, Major General Muhammadu Buhari (rtd) called for the President to resign because of the incident saying “Jonathan should vacate and give way to competent hand to govern the country”. Lamenting the fate that befell Baga, Major General Muhammadu Buhari (rtd) had said “In Bama and Baga towns, military personnel were reported to have been engaged in extortion and sometimes raping of women. And because a soldier was killed in Baga the whole town was sacked by military. This is not the best way military should have acted when they were sent to restore law and order in a town. How can a responsible government allow its people to be killed in this way?” Major General Muhammadu Buhari (rtd) further said “Government cannot kill all the Boko Haram members. Government should rather arrest and prosecute the Boko Haram members. They should only be killed when they said clearly they wage war against their country like what happened during the civil war. And even during civil war we that fought in the war were given a copy of code of conduct book which guided us against killing innocent people”. Now, from his reactions to the attack by Jama-’a Ahl al-sunnah li-da’wa wa al-jiha-d, commonly referred to as Boko Haram on Baga and the counter attack by military forces to dispel them from Baga, it is clear that Major General Muhammadu Buhari (rtd) considered the military action an overreaction. But Major General Muhammadu Buhari (rtd) has again given another interview to Daily Trust, published on the 2nd of June, 2013 and in this interview Major General Muhammadu Buhari (rtd) complained about the military reaction to the attack by terrorists in Daura, and the cultist attacks by Ombatse in Nassarawa last May. Buhari was particularly disturbed because he is from Daura and Nasarrawa is governed by his party, the Congress for Progressive Change (CPC). This time around Major General Muhammadu Buhari (rtd) is not happy with the reaction of the security forces complaining that their reaction was too soft and that it should have been harder. He said “Well, it affected me personally because the way I see it as a former military man, the attack was very efficiently planned and executed. It was the phase one of the agenda to destroy Nigeria. They attacked the security; the police stations in the town were destroyed, and I suspected they must have used incendiary bombs because you cannot repair the police stations. You have to demolish, bulldoze them and rebuild them. They stationed what in the military we call cut off group; they stationed their men on all roads leading to Daura. People approaching Daura were attacked and the soldiers that were coming from Katsina town to give a helping hand to the police were ambushed and shot. I visited the soldiers that survived the ambush at the Federal Medical Centre, Katsina”. Major General Muhammadu Buhari (rtd) further said “The SSS boss or whoever that said he has left everything to God has no right to do that. Constitutionally, Nigerians can practice any religion they want or they can be atheists or anything they want to be, that is constitutional. But nobody should hurt a citizen of Nigeria and then get away with it”. Finally, Major General Muhammadu Buhari (rtd) also said “those that killed the 56 security men must be hunted and prosecuted no matter how long it will take because this is the bottom line about law and order and security in the country. They can’t be forgiven; they can’t override the constitution; Nigerians are being hurt and killed in their duties and those that killed them must be brought before the law”. My question to Major General Muhammadu Buhari (rtd) is that is it just now that he has become aware that the terrorists “must have used incendiary bombs” to burn down buildings and police stations? When the military was telling him that it was the terrorists that used the same incendiary bombs to burn houses in Baga and Bama why did Major General Muhammadu Buhari (rtd) not believe them until they attacked his own home town? Has it not occurred to the highly respected former military Head of State that he is giving mixed messages to the nation’s military and security officials and showing double standards to Nigerians? If we keep criticizing our own forces and falsely accuse them of genocide are we not going to make them hesitate when operating against the terrorists who do not have to hesitate when carrying out their nefarious activities? When facing a bullet, a bomb or a rocket propelled grenade soldiers have split second to decide on what to do and if they are afraid of false accusations they will end up making the wrong choices and getting killed instead of taking down the enemy. Major General Muhammadu Buhari (rtd) should realize that Nigeria is at war with terrorists and in a war situation you need a steady hand. The sort of steady hand and leadership provided by President Goodluck Ebele Jonathan. You need somebody who will speak up in defence of our soldiers and security forces not somebody who will criticize them when they engage the enemy forcefully and then turn around and also criticize them when they temper justice with mercy because of the criticism they received for doing their jobs. I remember that the opposition criticized the President when he said in Maiduguri that “These soldiers leave their families and sleep in the bush, and on the streets just so that you and I could have some sleep; and I would not want to hear that one of them is killed. I have given directive to that effect. We have warned the soldiers to conduct themselves, not to kill innocent civilians; but I will not celebrate the death of one soldier, and I repeat, I will not celebrate the death of one soldier.” That is the way a Commander-in-Chief talks. His words must inspire and build morale amongst the military. A Commander-in-Chief stands up for the boys who are sacrificing their lives. He does not give mixed messages. He does not approbate and reprobate. He does not double speak. He gives a clear signal. He does not change his words depending on where the military operates. He says the same thing whether they operate in Kaura Namoda or in Modakeke. You should be able to count on a leader to have universal ethics and not situational ethics. Perhaps Major General Muhammadu Buhari (rtd) should remember this the next time he gives an interview. He should remember that he was once a soldier fighting against secessionists and that the international community were regaled with stories of alleged atrocities committed by Nigerian soldiers during the civil war. These stories necessitated a visit to the war front by the then British Prime Minister, Mr. Harold Wilson, in 1969. I am sure that Major General Muhammadu Buhari (rtd) remembers very well that General Yakubu Gowon, the then Commander-in- Chief, never prevaricated in the defence of the troops he led as Commander-in-Chief. At every stage of the war, he had their back, he protected their interests and made sure that their morale was up. They never worried about whether he would change his stance depending of the place where they operated. For one who was once a military Head of State and Commander-in-Chief of the armed forces, I must say that it must be very disappointing for Nigeria’s military to have been savagely criticized by Major General Muhammadu Buhari (rtd) even before an investigation had been carried out to ascertain who was behind the Baga incidence. But Nigeria’s military can find comfort in the fact that President Goodluck Ebele Jonathan would always have their best interests at heart! - This Best Outside Opinion was written by Reno Omokri, Special Assistant to the President on New Media. 50 Likes |
| Politics › Re: Foreign Investors Pour Into Nigeria As Economy Accelerates (Updates) by awodman: 9:04pm On Jun 02, 2013 |
otokx: but 2 years from now precisely 2015 we will still be here talking in future tense.Don't be a prophet of doom... |
| Politics › Re: 2015:Atiku To Challenge Planned Award Of PDP Automatic Ticket To Jonathan by awodman: 8:55pm On Jun 02, 2013 |
Gbawe: Thank you my brother. The reason some of us speak is that when these killers ramp up the next wave of killing innocent Nigerians, because they perceive they were fundamentally denied their rights, these idiotic, uncouth and blind followers of their kinsmen will not remember GEJ disenfranchising many by changing the rules , in the middle of the game, for "the biggest Party in Africa" that has hosted Primaries as the most fair way to accommodate the ambitions of many.You can spin all you want..but the question remains why are u hell-bent on seeing GEJ lose his party's primaries?..y are u so concerend with PDP affairs than its members? |
| Politics › FG Begins Privitization Of 10 Newly Built NIPP Power Plants by awodman(op): 8:31pm On Jun 02, 2013 |
Lagos – The Federal Government is to privatise the 10 independent power plants built by the Niger Delta Power Holding Company (NDPHC) under the National Integrated Power Project (NIPP). Mr James Olotu, Managing Director, NDPHC, made this known at an interactive session with journalists in Lagos. The power plants are: Omotoso in Ondo State (450MW), Sapele in Delta (450MW), Geregu in Kogi (434MW), Olorunsogo in Ogun (750MW) and Ihovbor in Edo (450MW). Others are Gbarain in Bayelsa (225MW), Alaoji in Abia (450MW), Calabar in Cross River (561MW), Egbema in Imo (338MW) and Omoku in Rivers (225MW). Olotu explained that a road show to indicate the commencement of the exercise would start in Lagos from Tuesday, June 4 to June 5 with 40 investors. He said that the road show would be extended to United Kingdom, United States and Hong Kong. The NDPHC boss confirmed that six of the plants had been completed technically, while the remaining would be completed before 2014.. He explained that the Federal Government would divest 80 per cent of its shares in the power plants, while auctioning would involve the Ministry of Power and the Bureau of Public Enterprises. Olotu, who did not disclose the expected revenue from the auction, said that proceeds realised would be used to build additional power plants and boost transmission lines in the country. “With the planned privatisation, there would be efficiency and effectiveness in the management of the power plants. “Government can play its role where it has relative advantage. Government will invest little but more on transmission sector so as to build the country’s power infrastructure,” he said. Olotu stated that the Board of Directors of the company which has Vice President Namadi Sambo as its Chairman, had got the approval of the Federal Government to privatise the plants. He said the sale became imperative due to the fact that the company has achieved the mandate given to it in 2005. “The mandate was to build 10 independent power plants across the country with capacity to generate 5000 MW by end of 2013 and divest it. “We are confident to tell you that this year will be a year of harvest in the power sector. All the power generating plants will be completed this year. “In fact, six plants are ready for commissioning while four others are about to be completed within the next few months. “We are divesting 80 per cent stake in each power plant as valued by our financial advisers.. “We will retain 20 per cent in order to assure potential investors of our confidence in the plants we are selling,” he stated. Also speaking, Mr Arif Mohiuddin, CPCS Transaction Adviser to the NDPHC, said submission of bid for the plants was scheduled for July 19 while August 8 was fixed for short-listing of bidders. “There will be bidders’ conference on Sept.18 and Sept.19. Bidders are expected to submit their proposals on Nov. 8 and evaluation of technical proposal would come up one month later,” Mohiuddin said. He said names of successful bidders would be announced, while the handing-over of the assets to the investors would come up before June 2014. He gave the assurance that the plants would not be handed over until completion and commissioning. (NAN) Source:www.vanguardngr.com/2013/06/fg-begins-privatisation-of-10-power-plants/ |
| Politics › Re: Foreign Investors Pour Into Nigeria As Economy Accelerates (Updates) by awodman: 8:12pm On Jun 02, 2013 |
[quote author=London-X]Bro., help me ask the pseudo-economists on this forum. Everything is a bubble! The more you look in Naija, the less you see. GDP is growing at an alarming rate, yet the poor are getting poorer by day. Foreign investment is growing, yet the unemployment rate is also growing. Manufacturing is growing, yet the country is importing more. The country's name ought to be changed from Nigeria to Oxymoron!!  Laughable! - you definitely can't make this shiit up. [/quote]Any data or evidence to back your claim that the poor is getting poorer and that import is on the rise..if yes..share with the forum... 6 Likes |
| Politics › Re: Foreign Investors Pour Into Nigeria As Economy Accelerates (Updates) by awodman: 8:08pm On Jun 02, 2013 |
awodman: NISSAN,FG DISCUSS ASSEMBLY PLANT ESTABLISHMENT |
| Politics › Re: Atiku Rejects Automatic Tickets For President, Governors by awodman: 3:54pm On Jun 02, 2013 |
TheRealYemi: I reject this assertion ROFR only applies in property and financial transactions, check it upCheck this out... "The right of first refusal is to allow a serving president and governors the opportunity to become the candidates of their party during elections without a primary election, as it is the situation in the United States of America, from where Nigeria copied the presidential system of government it is practising." www.thisdaylive.com/articles/2015-primaries-pdp-considers-right-of-first-refusal-for-jonathan-govs/139128/ |
| Politics › Re: 2015:Atiku To Challenge Planned Award Of PDP Automatic Ticket To Jonathan by awodman: 2:09pm On Jun 02, 2013 |
Gbawe: Another smelly fly. This forum is full of these dirty creatures who live in sh1t. Seun, no fly spray to rid this place of these smelly irritants?Y don't u respond to the issues raised rather than resort to insults...I thought you ωнεяε an intelligent old man but alas you are a hideous and selfish character whose posts on this forum is not about bettering the lots of the ordinary citizens of this great country but because of your own selfish and wick*ed interests... |
| Politics › Re: Atiku Rejects Automatic Tickets For President, Governors by awodman: 12:19pm On Jun 02, 2013 |
In USA there is sometin called RIGHT-OF-FIRST-REFUSAL for incumbents..Obama didn't do Primaries... 1 Like |
| Politics › Re: Nigeria Governors Forum Crisis: It Is All Politics by awodman: 11:03am On Jun 02, 2013 |
Sincere 9gerian: God bless Simon Kolawole. I have never and will never post any comment in support or against any faction of that USELESS, NEEDLESS and WASTEFUL body called NGF. The kind of attention devoted to the NGF in the last few weeks further confirms how Nigerians as a people have gotten their priorities WRONG.Thank you my brother...Simon Kolawole is one columnist I admire..he delivers his analysis with precise depth and grasp of issues without taking sides..he has clearly reminded we Nigerians about how we do get our priorities wrong..He just reminds me of Ehiedu of Raypower's POLITICAL PLATFORM |
| Politics › Re: 2015:Atiku To Challenge Planned Award Of PDP Automatic Ticket To Jonathan by awodman: 10:53am On Jun 02, 2013 |
Gbawe: I think I can hear and smell an irritating sh1t-ridden fly buzzing around. Never mind. Such filthy creatures are to be avoided and ignored.You are a shameless hypocrite..Answer the question does ur party or any of its merger partners conduct primaries ..I have consistently asked you why are hell-bent on GEJ losing his party candidacy...since u claimed he hasn't performed,his been a PDP candidate will make it a smooth sail for your party..that should be your concern...And for all of you calling the proposed automatic ticket "anti-democratic"..the USA in which we are quick to draw comparison with on issues of democracy have in their various parties what is called "RIGHT-OF-FIRST-REFUSAL"...which is why OBAMA DIDN'T FACE ANY PRIMARIES... 1 Like |
| Politics › Re: Anenih Seeks Automatic Ticket For Jonathan & Others by awodman: 3:43pm On Jun 01, 2013*. Modified: 5:25am On Jun 02, 2013 |
Gbawe: The undemocratic rant of sheer desperation. The terror facing team GEJ, borne of the knowledge their man can never win the PDP Primaries legitimately, is behind this feeble garbage that will be soundly rejected by others who are completely secure in the knowledge they have the number to defeat GEJ easily in a transparent and fair test of popularity.Why are you so fixated on GEJ winning the candidacy of his party ..since u claim he hasn't done much to deserve re-election I think your interest should be that he should lose so that it will be a smooth ride for ur beloveth APC... 5 Likes |
| Politics › Re: Our Mid Term Report On Roads- FG by awodman: 1:15pm On Jun 01, 2013 |
Reading through you will see they never wrote PLANNING TO..so clearly all the projects listed have either been COMPLETED or WORK IS IN PROGRESS..so in that light that is why planned works like 2nd Niger bridge,Reconstruction of Lagos-Ibadan Highway,Reconstruction of Enugu-Ph road are consipoucously missing... Good work so far.... |
| Politics › Re: Jonathan Doesn't Lose Sleep On Opposition Criticisms by awodman: 6:08am On Jun 01, 2013 |
greg1234: The President i saw at the PDP looks like someone who is worried.The only thing Anenih has been able to do is to secure him a sole ticket as the candidate for the party but i can assure a OBJ fight back.You are obviously lying because the Jonathan I saw was actually RADIANT and full of life, with his disarming smiles and normal gesticulations..he addressed his party members...And lest I forget that was the same jonathan I saw on Wednesday during the mid-term report... 7 Likes |
| Politics › Re: Rivers ACN Calls For The Removal Of Amaechi by awodman: 9:58pm On May 31, 2013 |
thelastpope10: Did you see how that caller embarrased lie mohammed on TVC on democracy day? It was so sweet!Abeg lastpope gist ur man..what did the caller say to lie(r) Mohammed..if u get link ..pls share..,no fall my hands ooo 3 Likes |
| Politics › Re: Nigeria Has Progressed Under Jonathan,tuc President-esele by awodman(op): 6:44am On May 31, 2013 |
tatosh: So this Peter Esele too has been compromised! His price has been paid by corrupt GEJ. Shame on him!Yes ooo...Esele don collect "laptop" from Aso Rock |
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