₦airaland Forum

deavicky:
I'm ashamed of you, who tell u building bridges, railings, and airport in what we need to develop. What happens to power sector, refinery and security. Do you know how much they claim to spend monthly on fuel subsidy?. Do you know what insecurity is causing our brother up north, many of them can no longer go to their farms or school(I hope u know what that means to the society and economy at large) Do u also know how many businesses had left Nigeria because of electricity and how many small businesses that had been closed or can never start because of electricity. I can go on and on to educate u on this but for the sake of argument let me allow u be.
We know the economy need revamping that is why Buhari and APC was voted to power, instead they became worse then the previous.

List the companies that have left Nigeria.

You talk of the North...do you know anything about the North?

You guys just sit somewhere and type nonsense believing you know Nigeria.

Mtchewww.

deavicky:
I'm ashamed of you, who tell u building bridges, railings, and airport in what we need to develop. What happens to power sector, refinery and security. Do you know how much they claim to spend monthly on fuel subsidy?. Do you know what insecurity is causing our brother up north, many of them can no longer go to their farms or school(I hope u know what that means to the society and economy at large) Do u also know how many businesses had left Nigeria because of electricity and how many small businesses that had been closed or can never start because of electricity. I can go on and on to educate u on this but for the sake of argument let me allow u be.
We know the economy need revamping that is why Buhari and APC was voted to power, instead they became worse then the previous.

What makes you think nothing has been achieved in the sectors you mentioned?

So much has been achieved in the Power and Petroleum Refining sectors.

I do not know the hole you live in, that keeps you away from the current developmental realities.

More than six modular refineries have been built in Nigeria, including the Waltersmith Modular Refinery in Ohaji-Egbema in Imo State.

I have also shared the link for the 1.56MW Solar Power Plant commissioned by President Buhari, among several others.

As for security, travel to Borno today and find out what is going on. Farmers, in their thousands, are back in their farms. You seem to have forgotten that under Jonathan, Boko Haram were so bold to the extent that they came down to the nation's capital to blow up the UN Building, Banex Plaza, Nyanya Motor park, and an attempt at the Nigerian Police Force Head Quarters.

But for Buhari's effort in boosting rice production, someone like you would have been sold off, during the lockdown last year, to raise money for food.

Tell me how Nigerians would have survived with all the restrictions put across the world.

https://www.energyvoice.com/oilandgas/africa/refining-africa/281296/buhari-waltersmith-modular-refinery/amp/

https://www.vanguardngr.com/2021/07/buhari-commissions-1-52mw-solar-power-plant/amp/

Gambit23:
Gejs regime is 10,000 times better than ur dullard master who pays u to type falsehood online.




""Buhari is doing well to fix our infrastructures""

List buharis investments in Power sector and crude oil sector.

Jonathan is better to you and your cohorts, who are lovers of corruption, not to Nigerians.

Here is a list of Buhari's efforts / projects in the Power Sector. Show me Jonathan's.


POWER AFRICA FINANCIALLY CLOSED TRANSACTIONS IN NIGERIA
Updated: May 02, 2019

First Independent Power - Afam (Natural Gas – 180MW)
Financial Close Date: 09/25/2013
Commercial Operations Date: 12/29/2017
Estimated Project Cost: $N/A
Overview: The First Independent Power Limited/Afam power plant was privatized as part of Nigeria's efforts to restructure and reform the energy sector. USAID provided technical assistance to the Bureau of Public Enterprises (BPE) and the Nigerian Bulk Electricity Trading (NBET) Plc. by reviewing and commenting on project agreements; credit and reimbursement agreements; partial risk guarantees; letters of credit; and other related documentation. First Independent Power Limited/Afam is a licensed power generation company, which owns and operates power plants in Rivers State, Nigeria and was incorporated in 2006. The project reached financial close in September 2013.

First Independent Power - Elema (Natural Gas – 75MW)
Financial Close Date: 09/25/2013
Commercial Operations Date: 12/29/2017
Estimated Project Cost: $N/A
Overview: The Elema Power Plant was part of Nigeria’s efforts to restructure and reform the energy sector. USAID supported the efforts to privatize the Elema Plant by providing technical assistance to the Bureau of Public Enterprise (BPE) and the Nigerian Bulk Electricity Trading (NBET) Plc. by reviewing and commenting on drafts of the support agreement; project agreements; credit and reimbursement agreements; partial risk guarantees; letters of credit; and other related documentation. First Independent Power Limited/Elema (Nigeria) is a licensed power generation company, which owns and operates power plants in Rivers State, Nigeria and was incorporated in 2006. The project reached financial close in September 2013.

First Independent Power - Omoka (Natural Gas – 25MW)
Financial Close Date: 09/25/2013
Commercial Operations Date: 12/29/2017
Estimated Project Cost: $N/A
Overview: The Omoka power plant was part of Nigeria’s efforts to restructure and reform the energy sector. USAID assisted in the privatization efforts by providing technical assistance to the Bureau of Public Enterprise (BPE) and the Nigerian Bulk Electricity Trading (NBET) Plc. by  reviewing and commenting on drafts of the support agreement, project agreements, credit and reimbursement agreements, partial risk guarantees, letters of credit, and other related documentation. Incorporated in 2006, First Independent Power Limited (Nigeria) is a licensed power generation company, which owns and operates power plants in Rivers State, Nigeria. The project reached financial close in September 2013.

Kainji Power--Jebba Hydro Power Station (Privatized Asset) (Hydro – 96.4MW)
Financial Close Date: 11/01/2013
Commercial Operations Date: 12/29/2017
Estimated Project Cost: $N/A
Overview: Kainji Plc consists of two hydroelectric power plants – Kainji Hydroelectric power plant (Kainji HEP) and Jebba Hydroelectric power plant (Jebba HEP) located in the Kainji and Jebba regions of Northern Nigeria. Kainji Plc was part of Nigeria's efforts to restructure and reform the energy sector, which included privatization of state-owned energy assets. The Jebba plant is one of Nigeria’s cheapest and steadiest suppliers of electricity and USAID supported the rehabilitation of its generation capacity. USAID assisted in the privatization efforts by providing technical assistance to the Bureau of Public Enterprise (BPE) and the Nigerian Bulk Electricity Trading (NBET) Plc. This included reviewing and commenting on drafts of the support agreement; project agreements; credit and reimbursement agreements; partial risk guarantees; letters of credit; and other related documentation. Those involved in the project included Guarantee Trust Bank and Power Africa Partners Africa Finance Corporation (AFC) and the African Development Bank, which committed to a $68 million debt financing facility to Mainstream Energy Solutions Limited consortium for the acquisition of the Kainji Power Plc. This project reached financial close in November 2013.

Kainji Power--Kainji Hydro Power Station (Privatized Asset) (Hydro – 540MW)
Financial Close Date: 11/01/2013
Commercial Operations Date: 12/29/2017
Estimated Project Cost: $456.5M
Overview: The Kainji PLC was privatized as part of Nigeria's efforts to restructure and reform the energy sector. Kainji consists of two hydroelectric power plants – Kainji Hydroelectric power plant (Kainji HEP) and Jebba Hydroelectric power plant (Jebba HEP) located in the Kainji and Jebba regions of Northern Nigeria. The Kainji plant is one of Nigeria’s cheapest and steadiest suppliers of electricity and USAID supported the rehabilitation of its generation capacity. USAID assisted in the privatization efforts by providing technical assistance to the Bureau of Public Enterprise (BPE) and the Nigerian Bulk Electricity Trading (NBET) Plc. This included reviewing and commenting on drafts of the support agreement; project agreements; credit and reimbursement agreements; partial risk guarantees; letters of credit; and other related documentation. This project reached financial close on the project in November 2013.

Olorunsogo I (Privatized Asset) (Natural Gas – 213.1MW)
Financial Close Date: 12/23/2013
Commercial Operations Date: 11/30/2015
Estimated Project Cost: $117.3M
Overview: The Olorunsogo I power plant was privatized as part of Nigeria's efforts to restructure and reform the energy sector. USAID assisted in the privatization efforts by providing technical assistance to the Bureau of Public Enterprise and the Nigerian Bulk Electricity Trading (NBET) Plc. This included reviewing and commenting on drafts of the support agreement; project agreements; credit and reimbursement agreements; partial risk guarantees; letters of credit; and other related documentation. This project reached financial close in December 2013 and was commissioned in November 2015.

Omotosho I (Privatized Asset) (Natural Gas – 74MW)
Financial Close Date: 08/14/2014
Commercial Operations Date: 11/30/2015
Estimated Project Cost: $217.5M
Overview: Power Africa deployed two embedded advisors (legal and commercial) and additional short-term technical assistance to the NDPHC in support of its efforts to finalize the privatization and sale process for five key Nigeria National Integrated Power Projects Plants (Independent Power Producer) by March 2018, including the Omotosho power plant. The Niger Delta Power Holding Company (NDPHC) estimates that the privatization of the five plants will yield up to an additional 1,700 MW. USAID has also assisted the Bureau of Public Enterprises in this privatization exercise as well as the Nigerian Bulk Electricity Trading (NBET) Plc. through its PPA negotiations.

Sapele Power (Privatized Asset) (Natural Gas – 940MW)
Financial Close Date: 11/01/2013
Commercial Operations Date: 12/29/2017
Estimated Project Cost: $434M
Overview: This transaction was part of Nigeria's efforts to restructure and reform the energy sector. USAID assisted in the privatization efforts by providing technical assistance to the BPE and NBET. This included reviewing and commenting on drafts of the support agreement; project agreements; credit and reimbursement agreements; partial risk guarantees; letters of credit; and other related documentation.

Ughelli Power (Privatized Asset) (Natural Gas – 220MW)
Financial Close Date: 11/01/2013
Commercial Operations Date: 09/30/2015
Estimated Project Cost: $600M
Overview: The  Ughelli Power Plant was privatized and ownership was transferred from the government of Nigeria to Transcorp Power Limited. Ughelli Plant is a gas-fired thermal plant located in Ughelli, Delta State in the Niger Delta region of Nigeria, and is an asset of Transnational Corporation of Nigeria Plc. (Transcorp)’s power subsidiary, Transcorp Ughelli Power Limited. USAID supported the project through options for credit-enhanced long-term financing. Other partners included the United Bank of Africa. This project reached financial close in November 2013 and was commissioned in September 2015.

Azura-Edo (Natural Gas – 450MW)
Financial Close Date: 12/28/2015
Commercial Operations Date: 12/31/2018
Estimated Project Cost: $600M
Overview: Power Africa’s engagement on this transaction has been extensive. Initially, through its support to Nigerian Bulk Electricity Trading (NBET), Power Africa assisted with the power purchasing agreement negotiations, and with the development of the Put/Call Option Agreement, which was adopted in lieu of a government guarantee. In 2015, the U.S. Government worked to facilitate President Buhari’s decision to waive compliance with a Presidential circular for the project. Power Africa transaction advisors helped with the final steps needed for the transaction to reach financial close. Aldwych, a Power Africa partner and the Overseas Private Investment Corporation teamed up to bring the Azura gas project to financial close. The World Bank’s Multilateral Investment Guarantee Agency (MIGA) and additional Power Africa Partners also played critical roles towards financial close.

Egbin Power (Privatized Asset) (Natural Gas – 220MW)
Financial Close Date: 11/01/2013
Commercial Operations Date: 12/29/2017
Estimated Project Cost: $407.3M
Overview: Egbin Power Project is a result of the Bureau of Public Enterprises (BPE) (Nigeria) privatization of the country’s largest power company, Egbin Power PLC. The company is now 70 percent owned by a joint venture between Korea Electric Power Corp and the Sahara Group conglomerate (Nigeria), which has interests in power distribution. The other 30% is held by the Government of Nigeria. The Egbin Power Project restored 220 MW of lost generation capacity from under-investment. USAID worked with NBET to finalize the PPA to permit privatization. This project achieved financial close in November 2013.

Sources:

https://www.doingbusiness.org/en/rankings (link is external)
https://data.worldbank.org/country/nigeria (link is external)
https://www.iea.org/reports/sdg7-data-and-projections/access-to-electricity (link is external)
Last updated: March 04,

skywalker240:
Next time you quote me,

i'll remember that,

"silence is the best answer giving to a moatley f**l

Anuofia!

skywalker240:
Idiot be forming saint



Rat wey de chop leg de still de blow am

Shut up!

You obviously have nothing to say.

Agbalanze:
Rubbish talk..
Till now, this incompetent government have failed to take responsibilities instead they keep playing blame games.. Shame!

The past will always be spoken about in the quest for genuine advancement.

It is nobody's fault that Jonathan performed woefully in office. His administration disgracefully had to borrow in April 2015 just to pay workers salaries.

https://thenationonlineng.net/fed-govt-borrows-n473b-to-pay-salaries-overheads-in-four-months/amp/

This is no way a blame game, but a reference to his past, disgraceful leadership.

Buhari is doing well to fix our infrastructures, and every right thinking citizen must support him.

The presidency won't shy away from referencing the past disgraceful leadership of Jonathan because you feel ashamed about it.

See below pictures for a drop of how Buhari is demonstrating real responsibility and leadership.

You should be ashamed of yourself.

PresidentAtiku:
dullards always give baseless excuses

Lazy people always crave corrupt leaderships, where money would be thrown around without any common good projects done.

That era is over. Get to work!

Your server President has been defeated eternally.

Atiku will never rule Nigeria.

PresidentAtiku:
dullards always give baseless excuses

Fools always speak without facts.

What are Atiku's physical legacies in Nigeria. I permit you to even use Obasanjo's legacies as his, as they were both on a joint ticket.

yemmight:
Secondus is not fit as PDP Chairman. He got no action.

.

Not fit...

Perhaps, because he was installed by a man not fit to be a village town crier, let alone a governor.

That is what you get when people are guided by personal interests while in public service.

Wike and Secondus are part of PDP's punishments for almost killing Nigeria in 16 years.

Saraki and Atiku are another. A pair of insensitive, dangerously ambitious and irresponsible characters. These two are ready to enter into any kind of partnership, including with someone like Hushpuppi, just to govern Nigeria.

Their eras of leadership have come to an end.

PDP is gone! Yeye server party!

PresidentAtiku:
common get out

Idiot!

President Atiku indeed...

PresidentAtiku:
Be talking as I'd your brain is leaking

You clearly do not even have a brain at all.

Empty head!

Why won't you think that nothing is improving when you are brain dead?

PresidentAtiku:
100% rise in the price of everything, poverty capital of the world, insecurity at its worst. Confusion everywhere

It is a barefaced lie to say that Nigeria is the most unsafe country in the world.

You don see poverty....go Djibouti, Cameroon, Eritrea, India, Central African Republic or even Ghana here.

Prices of commodities have risen all over the world, and that is obviously the direct impact of having to shut down manufacturing, production....and practically the entire global economy due to covid.

PresidentAtiku:
Na wa oooo.

When can we hear shocking news like this that APC is no longer ruling Nigeria so that Nigeria can prosper again.

BTW, who go fix the mess of this government when they leave?

Nigeria is prospering.

Do not judge her by yourself.

If by prospering you meant returning PDP and the culture of crass financial recklessness... that won't happen again.

See proofs that Nigeria is prospering. This is what governance is about...not sharing money.

nairalandankrah:
Borrow borrow make me rich..
Shame shame shame shame!!!!!

Since your president has become a begger, what is the fate of his cowtizens??

Na the loan dey pain you abi na the fact say Kanu still dey DSS custody?

No let Buhari matter ruin you o.


Even the US dey borrow.

daddytime:
President of Loan Affairs.

Yes, we like am like that.

There is nothing wrong with taking loans.

Loan na crime?

See wetin the loans don achieve...show wetin una lord and saviour, GEJ, achieve in 6 years.

rottennaija:
They are no worried that Facebook, Instagram, WhatsApp and ton of other social media aren't suspended in Nigeria

Don't mind the dumb Consul General.

Wetin concern am with our rights?

Twitter is just like any other business.

It is within the powers of the FG to suspend or even send Twitter or any other firm packing, just the same way Twitter relied on its power to delete the President's post.

joyairemiya:
Secondus gat no balls. If am PDP chairman, i will walk him out. If he refuses, i will ask security to bundle him out

Exactly what I would do.

Secondus is just too tolerating.

Who Wike be sef?

Mtchewww.

PAWG:
Indeed


Osita Chidoka’s brother is in the house? Hmmmn

I don't get..

Papa and pikin never rule US before?

If Tony Elumelu's younger brother, Ndudi, is a member of the HoR.

RuudVanNisteroy:
What I hate about the failed state Nigeria. The rich have the corrupt security agencies on their payroll.

Hushpuppi just had to send a text message to Abba Kyari to have Chibuzor arrested. A Commissioner of Police/Superindentent can never stoop so low in any developed country to get involved in a civil matter of a couple involved in a bitter divorce battle.

There is no such thing as a failed state, as this happens all over the world.

It is called intimidation. You do not have to be even rich to use friends and relatives in the security agencies to victimize others.

Oga, in developed countries, those senior officers you mentioned stop even lower. Don't try to deceive anyone here.

DrChukki:
Reading through the lines of this post, OP, I can see you're an educated and enlightened person who expects to see things function as they ought to.

But don't forget that's a Nigeria system.

I remember in my year 1 in the university, I used to receive lectures under a mango tree, so if any government worker should approach me tomorrow and tell me his office is in a public toilet, seriously I won't doubt him. Neither will I think he's illegal.

Even the payment you made didn't go to official TSA account. I guess they shared the money immediately you left and used it to eat Àmàlà at that restaurant.

At this point, nothing surprises me again in Nigeria. Anyhow they want it, that's how I will be doing it for them.

It's Lord Lugard that God will punish.

I do not see how what you posted affects anything.

What Nigerian system?

As citizens, we must continue to make deliberated, concerted efforts to end hooliganism, touting and extortion; and not try to justify it as the Nigerian system.

Monogamy:
Happy birthday sir.. Age with grace

Modified: Some people self, today is Ibori's birthday which means once in a year celebration. The 364 days are there to castigate him.

If you can't wish him happy birthday just for today, kindly waka pass without throwing una as usual venom.

We nor go wish am anything.

Why una too like to celebrate people wey thief sef?

How do we even start to move Nigeria forward?

Mtchewww.

Ammishaddai:
[s][/s] Keep quiet ! Anambra my foot .You are just a lazy lying northerner whose belly survives on the corruption embedded in Buhari's satanic government and mark this day well: your end is near !

See this slowpoke!

Na you dey allocate states to people abi?

Calitoscassius:
We will ask the same question when they arrest you or your papa, you may think it can never happen to your papa but as long as you and your papa lives in nigzooria it will happen.

U get papa?

[quote author=ERockson post=104413384][/quote]So, you mean Ortom is overwhelmed?

Then he should resign. Simple!

Calitoscassius:
Is this rubbish supposed to make sense?














When you see your mother tell her she is a Goat!

Anuofia!

Ammishaddai:
Nothing will concerns you until the poverty and hardship stops at your door . But just know that just because you are thriving on a corrupt government doesn't mean you will continue flourishing. One day, your turn go come ...and you cry wella

Great advice!

But I am from Anambra state, we do not build our lives around any government. Go and ask.

I will continue to thrive no matter what government is sitting.

For me, Buhari has done well.

As for poverty, na you sabi am. I nor sabi am.

Calitoscassius:
We will ask the same question when they arrest you or your papa, you may think it can never happen to your papa but as long as you and your papa lives in nigzooria it will happen.

Who is this goat?

You get papa at all?

So, you want to tell me that the Police would just go and arrest her father randomly? Cos na only her papa dey Igboland.

If she really believed her dad was wrongfully arrested, she should get a lawyer and not come to the media, over the issue. That's both unnecessary and manipulative.

ERockson:
Until Buhari leaves the government, Miyheti Allah will not stop killings. I pray they pay for their sins one day

Foolish talk!

The governor is stupid and clueless.

He should go and find out what Zulum is doing.

While Zulum is commissioning and equipping traditional hunters to augment the efforts of security agencies, the idiotic Ortom is writing love letters to the UN.

Ammishaddai:
Buhari and his gestapo government will never end well in this life or in the next

Do not be a mere chest beater!

Go to Aso Rock gate and scream that to Buhari....no be for nairaland here.

Nothing concern us.

Ovamboland:
Everyone is now denying membership, ESN and IPOB that you all support when it was established and when they had upper hand killing security men and women, and committing arson on public and private properties

You dey mind them?

Na only her papa dey Igboland wey dem see arrest.

Fahdiga:
So you believed the fake news regarding the link?

And I am supposed to believe a fake, faceless person instead, right?

Abeg, go rest! E dey obvious say you don taya.

Mikecold:
see, whether you choose to live in your foolly is not of my business

You can believe what the northern elites wants you to believe, just like the Rocket Science Boko Haram war

Zamfara is selling its gold to cbn, Northerners can't expose their hypocrisy by giving you the classified documents for such

But for omo agege who is apc, senate deputy to condemn his own party members should tell you the hidden details

https://independent.ng/n5bn-zamfara-gold-cbn-must-accord-niger-delta-same-treatment-onuesoke/

Show proof of gold sale to the CBN by Zamfara state government. Simple....you are there beating about the bush.

Not everyone gets carried away by unnecessary media sensationalism. The gold in Zamfara certainly isn't Zamfara's. Gold isn't the only mineral in the North. There is tin, ore and many others....and they aren't owned by the respective states in which they are found. Go and do more research on these things, and quit relying on the scanty little information at your disposal.

So, CBN is now APC and Omo-Agege condemns her notwithstanding being her member.

Oga, go rest abeg!