₦airaland Forum

take dat: @lasthope, let's see the FG's road map and how possible is it to achieve 50000mw by 2019. I am 100% sure than even with privatisation this government can't generate 50000mw by 2019.

thelastPope: I replied this particularly to bookmark it! So please, how did you arrive at this? What is the budget for power since the last 2 years? $50 billion is almost Nigeria's 2 year budget! serious accusation you have there!

Demdem: .

Actually the killer party that spent $16billon is different from the current killer party. Infcat the current one has nothing to do with the former

thelastPope: Weak argument and childish at best! Try and be more intelligent! What did GEJ spend on power? Simple!

taharqa: You are an IJIOT. U shld hv known by now that nobody eva debates me and go away with passing false info as 'fact'.. I DARE you to lead d debate substantiating d thrash u just spurn now and see me dismantle it. I wud happily obliged. Oya, dont be a COWARD; go on and i will follow...

thelastPope: So OBJ is GEJ? You are taking your partisan support and deliberate falsehood to whole new levels! I like it! keep it going...

thelastPope: Bwahahahahaha! You are not intelligent and enlightened. Russia has always and will always be a corrupt country right from the time of the czars. That was what led to the split of the USSR! But it never stooped their development into a world power. People like the Chelsea owner made their wealth from the corrupt Russian system many years ago! I am glad to educate you.

thelastPope: You are a shameless liar! OBJ spent $16 billion not GEJ. You lied there and you cant spin that. It was the report from the house of reps investigation. SMH for you lying in public!

thelastPope: Fake argument. Brazil is swimming with corruption while having stable power and other major infrastructure. Same for Russia that is more corrupt than Nigeria yet are one of the biggest world powers. I could go on and on. Fighting corruption is not development. No wonder you think an almost 80 year old man will be able to understand modern day governance. Only in Nigeria!

taharqa: This is a LIE and you know it. 1st, where did u get d info dat GEJ hv spent $16billion on power Or that only 2000MW hv been (or wud be) produced from whateva money he has spent so far in d power sector?

Rossikk: By your mad logic, no projections should ever be made in any field or endeavour. Afterall a meteor could strike the earth tomorrow and destroy all life on it. So why make projections? Sorry, your approach is not based on learning or education, but on beer parlour thinking. Fact is projections will be made, and for the most part they will be accurate if made with appropriate indices, criteria, and methodologies, and absent of catastrophic intervailing factors like natural disasters, war etc etc.



It is only ''wildly optimistic'' because you saw NIGERIA at the top of the list. And that is anathema to you because of your deep anti-Nigerian prejudices. Stop deceiving yourself that you're overly concerned about 'global risk factors'. If Britain or Germany were at the top of the list, you would accept the research without question.

Rossikk: The future is 50/50. It's just as likely to go awry as it is to go rosily, so the common sense, middle ground solution is to ignore that element.

And what makes you think other nations in the survey don't also have risk and uncertainty?

esere826: Ok, go on and fight
but what's in it for Nigeria?
don't tell me that its simply to weaken Boko Haram (Libya provides a crucial link thanks to NATO)
dont tell me its simply to help our brother nation (remember South Africa's ingratitude)

After fighting Mali's war, we have to station our troops permanently there, and influence their government
We need to sell made in Nigeria Innoson cars to them; they need to buy our Chivita and Dangote juice;
our own glo telecom needs to be given government backed monopoly there
We need to ensure that the powers of their central bank stops being domiciled in France, but intstead is domiciled in one of our banks
The loot of their leaders must not go to Swiss or French banks. They should send their loot to Zenith bank

we need to ensure that we send our own university graduates as expatriates to construct roads in Mali
Our intellectuals need to be given consultancy work in their development agencies
The kids of their top shots need to school in our universities
the parents should be directed to our own Calaber for their resort

Their top shots need to made to buy holiday homes in Nigeria
Their young girls need to fall over for our men and get impregnated sharp sharp (as some of our ghirls fall over for oyibo)

Na so countries dey take rich
.....This is the way the West does it, and it is marvelous in my sight

Nigeria's oil thieves say government leaves them no choice

Tue Jan 15, 2013 10:21am GMT
* Bunkering on the rise in Nigeria's oil delta

* Decades of oil production has failed to bring jobs

By Akintunde Akinleye

RIVER NUN, Nigeria, Jan 15 (Reuters) - The wooden fishing boat navigating Nigeria's mangrove swamps is powered by a generator balanced above its volatile cargo.

Shimmering crude oil fills its hull, almost indistinguishable from the polluted water in the creek.

Here and there on the banks, people coated in oil wade through greasy mud in patches of landscape blackened and stripped of the thick vegetation that makes Nigeria's oil-producing delta so hard to police.

Plumes of grey or yellow smoke fill the air as men who will give only their first names go to work in an illegal industry that the government says lifts a fifth of the Nigeria's output of two million barrels a day.

Oil 'bunkering' -- hacking into pipelines to steal crude then refining it or selling it abroad -- has become a major cost to Nigeria's treasury, which depends on oil for 80 percent of its earnings.

Major General Johnson Ochoga, who leads a military campaign against bunkering that was stepped up last year under orders from President Goodluck Jonathan, told Reuters nearly 2,000 suspects had been arrested and 4,000 refineries, 30,000 drums of products and hundreds of bunkering boats destroyed in 2012.

Yet the complicity of security officials and politicians who profit from the practice, and the lack of alternatives for those who undertake it, cast doubt on the likelihood of success.

Forty-year-old Goodluck, who shares his name and tribe with the president, says he would much rather have got a respectable job, except that, despite the billions of petrodollars coursing through the region's creeks over decades, there aren't any.

"This refinery is the only thing I know that can ensure my survival, at least for now," he told Reuters, sitting under a small makeshift iron roof shelter from the boiling sun, his hands sticky with crude.

"Doing this you can make up to $60 in a day," he said, gesturing with a nod towards oil drums full of homemade diesel shaded by smoked-blackened palm trees.

Most of the stolen crude is shipped offshore, with the remaining 10 percent refined locally. There is plenty of demand for the diesel, kerosene and gasoline Goodluck makes by boiling up stolen crude in a steel drum over a wood fire.

Nigeria's legal refineries have been left largely defunct by decades of mismanagement and corruption, with the result that fuel stations in the world's 12th largest oil producing country often run out of supplies.

"PUSHED TO THE WALL"

Goodluck gets up at dawn in the traffic-choked city of Yenagoa, in Bayelsa state, a humid labyrinth of creeks, swaps and mangrove forests that is home to 2 million people, mostly subsistance fishermen.

Little of this fragile wetland environment has been untainted by oil. Blackened mangroves that died slurping spilled crude from polluted waters blight the landscape. Local women dry out cassava on hot orange gas flares.

After breakfast Goodluck makes for the jetty where his boat is tied. On his way to his secret refinery, he also uses the boat to run a part-time paid ferry service.

The plumes of dark smoke rising from sites dotted along the riverbank for miles around show he is not alone in depending on illegal refining, an activity in which he sees no wrong.

"Though it is illegal, the oil belongs to all of us. This is our own share," he said, echoing the justification given by many locals who feel they have been left out of the oil riches flowing from underneath them.

Thieves often tap unguarded pipelines in broad daylight, hacking into them and connecting a hose to pump the oil onto a barge. They then sell it either to international criminal networks or to local refiners like Goodluck.

An amnesty for some 26,000 militants in the Niger Delta in 2009 ended an overt campaign of violence and sabotage against the oil industry that at one stage shut down nearly half of its production. But attacks on pipelines for theft have increased.

The environmental devastation wrought is huge, as damaged pipelines spew oil for days afterwards. The waters of bunkering sites visited by Reuters were coated in a thick film of crude.

Decades of oil production have poisoned the waters of the delta, driving fishermen deeper into poverty and leaving some with few options for making a living.

"We know the crude oil theft is bad but we have been pushed to the wall to do it ... if not for the oil bunkering, we would have no shelter in this community," said Sudouwei Eris, 51, adding that the government had not even provided a school to his village of Baberagbeme.

While many senior militants have received lavish payouts to end rebellions aimed at securing a fairer sharing of the delta's oil wealth, many youths face long term unemployment and poverty.

Chisco, 35, stands ankle deep in a polluted swamp, boiling up crude over a fire. He employs three people.

"I was jobless, but I have a younger brother who read geology at university and he taught me the process," he told Reuters, adding that it was hazardous work -- "you can easily burn the whole refinery to the ground".

Godswill, who also declined to give his surname, teamed up with two of his friends to start a refinery site two years ago. His main job is maintaining a depot where crude oil is stored in a large hole that he dug in the ground.

Whenever police or military discover the site, he says, he simply pays them off.

"Sometimes we have to run away and they burn down the site," he said. "Then we just make a new one."

thelastPope: Please Please Please!!! You seem an intelligent lad. Do not compare a man who lobbies government for advantage after he actually has built a good investment on the ground, with a man who was allocated an oil well that belongs to a whole region of people and worth well over 500 million dollars just for being there. Please dont do that! It is ridiculous to do that!

Dangote has been building his business empire for a long time and like most businessmen, he takes advantage of opportunities that abound around. Before he gained the so called monopoly you talk about, he has actually built his business to that point where he could take such advantage. Just like microsoft or apple. Danjuma on the other hand, is not even a business man. He didnt even explore the oil well. He just called in guys from abroad and sold the wells and pocketed 500 million dollars for doing nada! that was one of the greatest injustice this country has ever seen as far as I am concerned. Injustice to millions of Nigerians

thelastPope: You were the last person on my mind when I posted this, believe me! lol! Who cares what you believe? There are smart Nigerians reading this thread who are already calculating with their calculators and licking their fingers at the opportunities inherent in my post as we write! You have a false sense of importance! You delude yourself!

Waka pass joor!

Demdem: Shut up lostpope and stop being untruthful. That link is dated March 2012. Are u insinuating that ur Nancy can't make mistakes or what?

Dangote invests in tomato processing facility
Wed, 08 Apr 2009 16:40
TradeInvestNigeria Staff

The Dangote group of companies, in collaboration with the Kano State Government is going to establish a tomato processing factory in the state, the Daily Trust reports.

Addressing irrigation farmers at the project site, Alhaji Musa Suleiman Shanono, State Commissioner for Agriculture and Natural Resources said that the project is directed at reducing wastage of tomatoes, while also increasing its commercial potential.

According to Shanono, farmers are forced to sell their tomatoes at low prices due to a lack of processing facilities in the state.

Sanusi Imran Abdullahi, managing director of the Hadelia Jama'are River Basin Development Authority stated the factory will boost the morale of the farmers while asking the state government not to hold back in assisting the project.

jmaine: Good riddance . . . . . Next please . . . . .

jmaine: I loath people who quote me then spew unreasonable nonsense . . .From your hypothesis, only the PDP assassinate each other while others don't . . . .

Guess going by your profound foolish theory . .The inspiring Dipo Dina was killed by the ACN crew even when the police as usual are lost in solving those murder cases . . . .

You ediots never cease to amaze me with your apoplectic useless rebuttal . . .