Bankylan's Posts
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You have not said anything about this project. It is better to read about it and understand what it entails before you attack it. I am one of the critics of this government and this is one project I am also very interested in and I personally know the Chief Technical officer to the FG on this project. The project is being funded partly by FG and German govt. Covid caused a delay, hence timelines have changed. The goal is to increase our generating, transmitting and distributing capacity to 25GW in like 7 years. It is on 3 phases with phase 1 starting this Feb. There is a SPV overseeing the project thus making it to last beyond this government. I am remotely involved as I am presently doing analysis of collections and remittance since 2015 till date so that we can compare results after interventions such as this. It is the only pathway for improved electricity supply in Nigeria. Electricity is very complicated tuanany of us think. The Engineering of it is for the best who understand power system. The economics of it is very complicated that even with my years of understanding electricity Markets, I am still learning. We don't have professionals that understand power system in Nigeria and this is why we don't have light. The liquidity problem being experienced in NESI attests to this fact. We only see wires and poles, but men in advanced economies, there is derivative trading in electricity. As we transits to a competitive retail electricity market, we need Siemens to expand our infrastructure for us. It is not cheap. It costs an average of 1m USD to produce 1 MW. So, we need foreign investments. So much to say, but let me stop here. But if you feel you understand Power very well, let's engage here. Zico5: |
Whao!!!!! This man was at my desk in December. Unbelievable!! |
And you typed all these lies without restraint. To make it worse, some idiots also liked it. Why are you so bold to make false allegation beforeagainst someone who has travelled all over the world before ednsars. To allege she looted 100m when she was not even the one in charge of account for endsars supporters is pure insanity. If you live a very frustrated and unfulfilled life, that does not mean everyone does too. I dare you to reveal your identity and stand by this allegation if you won't rot in jail. It is easy to hide behind the keyboard to type and like nonsense. Real men make allegations with their surnames and stand by it. FarahAideed: |
War with Hezbollah is difficult because Israel is concerned about Lebanon citizens. IDF is a moral army that prevents civilians casualty. With Iran, F -35s with Israeli avionics will do serious damage to Tehran. And don't forget they are nuclear armed. marvin906: |
You are obviously not informed . Who dares carry out an attack in the heart of Tehran and surburb if not Mossad. This is high profile target not easily killed unless by the best secret intelligence in the world. IJOBA2: |
When you and your family members become victims, this is how people will be asking for evidence. Golan007: |
Says a boy that lives in a room apartment with his cousins sharing bathroom with other tenants and has never made money or done anything reasonable before. obasi101: |
YOU WROTE NONSENSE IN NICE ENGLISH. The plants are already bought by private sectors and FG just want to sell their remaining shares as part of the power sector privatization. These plants have been operating better than when they are under FG. Investment in the power industry is huge and Nigeria needs private investment if we want to have a stable electricity. In the last two years, FG has paid over 600b in subsidy and capacity payments and this is not sustainable. You made mention of United state postal service making a loss of over 70b dollars over the years and it is not sold......70b dollars is like our 2 years budget that we even have to borrow to finance. Can we take such a loss as a country? If you are saying we should not engage the private sector, I wonder how you want Nigeria to grow especially when there is no single business or enterprise handled by the govt that has made any progress. And , please don;t compare us to those European nations that are heavily taxed and have social safety for their people. Nigeria has a population of almost 200m, with majority not productive and not paying tax. We don't have the money for father xmas in Nigeria. Think about this, the budget of California is like 4 times of our total budget as a nation. Johnrake69: |
[ Characters like you are why politicians believe they are gods. That you have 15 likes shows we need to deal with maggots among the youths first . quote author=Okoroawusa post=95777567]After the investigation if you have nothing to hide then your account will be unfrozen... Just chill...[/quote] |
He should have built an airport in your house. Ode. What a mentality!! He was a minister to all Nigerians and not to his region. Focktot: |
That 34 slaves liked this shows how many idiots we need to reconfigure. She never mentioned any 78 people being killed. If you have any evidence of her mentioning that figure please share it. She was on Instagram live where she mentioned that 7 people have been killed before her phone died. She made a video later to say that she counted 15 bodies and alleged that the military went with their bodies. There are other video evidences that show that Bonny camp soldiers drove to Lekki Toll. Bullets shells and other evidences abound. Forensic analysis show that the videos of the incident being shared are real. All these Tinubu slaves who take crumbs are many on this platform. All of you will run away from this Lagos soon. helinues: |
That some people liked this shows that you are not the only idiot that this country has to be rid off before 2023. [ quote author=Golan007 post=94912722]Just say PDP rejects it. Absolutely nothing they can do about it. She's not a card carrying member of any party but a professional who has carried out her service to the president meritoriously.[/quote] |
Thinking with your anus. Is Saraki that powerful to allow anyone into the US? And to say that over 20 idiots liked this senseless post says a lot about the level of idiocy among the youths on this platform. ArmedRobber: |
Which land? Where was Palestine before 1948? Where were the borders? Who was the President? How many counties had embassies in Palestine? I guess you just started reading online about the middle East. God bless Israel forever!!! leksite120: |
You must be a player in the industry. I have always spoken in favour of this as we have in Canada . Decentralise the grid; let each state have their own electricity market, and them there can be inter-state trading where those who have excess can sell to those who need on intra day, or day ahead basis. SIRTee15: |
Nigeria does not need 200,000MW......Population is not the main factor, though it is a variable, load demand is what determines the required MW to be dispatched. Today we have installed capacity of 13,000 MW and we can only wheel about 6,000 MW. The implication is that we are making CAPACITY PAYMENTS to Gencos as eshrined in the PPAs we signed with them because we can't make use of their full capacity which to them is huge financial investments tied down. People who don't know about the power industry talk about population as a determinant of the needed megawatt, but power engineers and those who are real professionals in the industry don't think this way. What is our load demand as a nation? We just need like 25,000MW now and we will be okay as we don't really have many heavy duty industries besides the fact that our wheeling and distribution capacity can't even cope with the 6000 MW we hover around now. meavox: |
With IELTS score of 6666, you are ELIGIBLE to create a profile. Let us not misinform people here please. gracechellar: |
This is gross misinformation. 55emem55: |
Oh, he owes you an explanation how he earns his income! Wait. You better go and read your book and get employed to better your life. Lazy youth. Golan007: |
Jonathan was not killed totally..he is living the best life ....it is someone like you who is not sure of what his tomorrow will be like that should be worried. Internationally, Jonathan is known....I am sure your own people will trade you for any amount of naira given the economic situation they are faced with in Nigeria of today. So weep for yourself and your future . Baawaa: |
The fact that 138 people liked this makes it more annoying as it is obvious the most stupid youths in Nigeria are found on Naira land. You can all confront church but will hail the politicians who destroy your future. Churches are funded by members who already pay their taxes to the government and while the churches still give to their members and communities, the govt who control the wealth belonging to you has not done a single thing to improve your lives. You are the world capital of poverty not because of Redeeem or Winners who employee thousands, but because of your lives of servitude to the politicians who give you crumbs. Imagine over 20m unemployed youths in Nigeria, yet you people voted Buhari who did not have a primary school certificate to chart the course of your lives. You guys should continue fighting churches, when you are over 70, and Yusuf Buhari is still your President, you will realise your foolly. A church like Winners has a university like Covenant whereas your oil producing states and even Lagos can't get a university that is close to Covenant in standards. You can all make noise about their school fees, but ordinary primary schools in Lekki pay more than Covenant university as fees. Continue to fight the church while the politicians rape you of every live remaining in you Lazy youths....No wonder Buhari is your President. quote author=zombieTRACKER post=92327779]All pentecoastal churches should be online now.... Its time to ban those business centers Modified.. Please sheeples iam not the government that shut you out from your various churches..dont pour your fustrations on me....moreover I dont see this kinda anger when government officials loot your money or sell your future to the chinese... We parade the best churches and mosques globally but we still are the worlds poverty capital... Because we put more energy into frivolities.. God is not going to fix your lives or the country You have to work for it... Its quite a shame... Many dont know this[/quote] |
All these kids wont stop making me laugh. Before Huawei developed their 5g tech, Verizon, Samsung and US military have all deployed it. The commercial deployment of 5G by Huawei has nothing to do with what is happening. Canada, Germany, South Korea and many more have been using 5G even before China. Huawei is being blacklisted because of espionage and national security threat to nations. Which nation has developed cyber attack against the US that US can get rid of in 24 hrs? As stubborn as Iran, Israel still attacked their nuclear site this month and there was explosion at one of their most protected site. Please drop all these fake stories of Huawei leading 5G technology..........do you have an idea of what US uses in their electronic warfare? Huawei is all about commercial deployment of 5G technology and China did not pioneer it. Samsung deployed it in South Korea before China. Let us be educated I beg. CirocBoi: |
Just this month, Isreal has conducted a strike on Iran nuclear site and Tehran knew it was Israel and they could not lift a finger. There have been series of explosions allegedly carried out by F 35 jets and it is a great insult for Iran to admit IDF and MOSSAD carried out an operation without them knowing before their most protected nuclear site at Natanz was badly damaged. You can google the story. allthingsgood: |
What useless power does Tinubu have other the use of thugs and stolen funds. What has been his legacies in Lagos where there is no ordinary drinking water for Lagosians after many years of lordship over Lagos. He lives in opulence while his rats and thugs barely survive. techmo: |
The way you guys say something you can't defend is appalling. Where are they making the money from? This virus is real and community spread is taking place. There are more death due to Covid than being recorded. If UK can record like 50,000 deaths, you all need to be more scared of this virus. Protect yourself and educate others. laosy: |
Nobody knows NBET or you don't know about it.When you say NBET is useless, it shows how ignorant you are of the power sector. Well, the industry is not for everyone sha. NBET is the body that acts as intermediary between GENCOS and DISCOS in electricity procurement and trading through PPAs and Vesting contracts. Without them, the Discos are too illiquid to pay for electricity upfront. DonFreshmoney: |
You LIED. Nowhere in the world where people pay 60% tax. And whoever is calling you every weekend from abroad to send money to them is obviously an illegal immigrant or students still trying to cope. The fact that you don't know how much they even pay on tax casts doubts on your claims here. In America or Canada where you gave an instance, they don't pay 60% on their first 100k. rentAcock: |
Yes, I did it last week and it was acknowledged. Agbeni33: |
I did it last week and my profile got updated in 48 hrs. I just scanned my certificate and I uploaded it on the website. mzkomsy: |
can anything good ever come from this government. You are planning for 25000MW when the time is already up. Who will fund it and how will this come to reality when u couldn't even do anything when you supposed to start. Awon were, they thought everyone is almanjiri that they can deceive as they like. They are bidding for unrealistic project when we are sure nothing will eventually come out of it. Thunder fire all Una.