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Politics / Re: My Administration Will Replace Sharing Formula With Production Formula: Peter Ob by Ngorbungor(m): 3:08pm On May 14, 2022 |
Mooh247: Bro, you are just fooling yourself. Try to talk less |
Politics / Re: Peter Obi VS Tinubu On Security. by Ngorbungor(m): 3:05pm On May 14, 2022 |
Am speechless, don't know what to say |
Politics / Re: My Administration Will Replace Sharing Formula With Production Formula: Peter Ob by Ngorbungor(m): 3:03pm On May 14, 2022 |
Reality3080: Why are you fooling yourself on a national forum? I dey shame for you I beg |
Politics / Re: Are Peter Obi’s Supporters Really De-marketing Him? by Ngorbungor(m): 3:08pm On May 12, 2022 |
Razgas: Your head dey there jor, infact, you get better eye to see the drift. The truth is majority of Obi's supporters also rooting for Osinbajo,. So is like if Obi did not get the presidency then Osinbajo should, because he is their second preferred candidate. 2 Likes |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 4:21pm On May 09, 2022 |
forgiveness: Now i believe we have rested the case of $50 million and $500million ? So the next question is: Can you show us any project of the same amount in Ibadan or even Oyo state? |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 4:09pm On May 09, 2022 |
forgiveness: Visit this link, to clear your ignorance www.sunnewsonline.com/geometric-power-finally-acquires-aba-ring-fence-after-9-years-dispute/%3famp Or read along to 6-7 paragraph: Home Business Geometric Power finally acquires Aba Ring Fence after 9 years dispute Pays $26 million acquisition fee By David 3 months Ago Geometric Power finally acquires Aba Ring Fence after 9 years dispute From Uche Usim, Abuja The management of Geometric Power has formally taken over the Aba ring-fenced area in Abia State from Integrated Electricity Limited, the core investor in Enugu Electricity Distribution Company (EEDC), ending a nine-year legal battle over the rightful owner of the project. The company has also paid the mandatory $26 million acquisition fee to the federal government. The trouble started when the Goodluck Jonathan administration privatised power assets and the Aba Ring Fence area was wrongly lumped into the EEDC and sold to Integrated Electricity as a single asset. The development led to a series of legal bouts that eventually ended with the formal handover on Wednesday in Abuja, at the headquarters of the Bureau of Public Enterprises (BPE). The $500 million Geometric/Aba power plant has the capacity to produce and distribute about 141 megawatts (MW) of electricity in its first phase, with new distribution lines, four new sub-stations and three rehabilitated sub-stations. Each plant is to produce 47 MW of power, supported by a 60 MVA per transformer. The power plant is to be powered by gas and so the company has built a gas plant at Shell company flow station at Owaza in Ukwa West Local Government Area of Abia State and laid a pipeline spanning 27 kilometres to the power plant at Osisioma. In his remarks at the handover ceremony, the Director-General of BPE, Mr Alex Okoh, described the development as soothing and commendable. According to him, the National Council on Privatisation (NCP) worked hard to see that the tussle was resolved and that the right thing was done. He added that the protracted transaction and the related issues have posed a serious challenge for successive administrations since 2005. “The bureau initiated a series of engagements with various stakeholders, which led to one the signing of the agreement between Geometric Power and Integrated Electric Limited, the core investor. “I am pleased to announce that we are handing over this asset to a tenacious, very, very tenacious investor who has made a firm commitment to transform the Aba Ring Fence area into a model electric supply franchise, providing quality, stable and appropriately priced electricity to consumers, thereby unlocking the significant economic benefits of this commercial and industrial hub of the regional and national economy,” Okoh explained. In his remarks, the Chairman of Geometric Power and ex-Power Minister, Prof Barth Nnaji, expressed delight that the legal tussle has ended, adding that his company was ready to provide reliable electricity to Aba. “The other government sold what was rightfully ours to the people who acquired EEDC. So, they simply bundled Aba as part of EEDC. It was done knowingly. That is why we went to court and we’re grateful this administration resolved the issues. We’ve paid the acquisition price of $26 million. “I used to be on the other side of the fence and what we said during that time was that anybody that’s acquiring a DisCo should have the financial capacity or technical capacity, and was that’s what he brought in. “We actually have made the necessary investments required to not have any issues in terms of reliability of power supply. So, we have invested about eight times the amount of the acquisition already. We have built new substations. We built new power lines, over 140 kilometres of new lines, we built four brand new substations. We’ve built gas pipelines with seven kilometres to ensure that we have gas uninterrupted from Shell to us, etc. So, all these things we’ve done and the whole idea is to ensure that the network is what it is supposed to be,” he said. Also speaking, Kester Enwereonu, Director at EEDC hailed Vice President, Prof Yemi Osinbajo, who heads the NCP for his efforts and interventions. He also expressed delight that the Aba Ring Fence deal was able to attract foreign funding of $50 million. “Geometric is getting from us what you’d be proud of that will help improve customer relationship,” 1 Like |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 11:00pm On May 08, 2022 |
OFFICIAL336: The hate is too much from these backward goats, in this 21st century, Afonjas are still try to compete with a war ravaged ABA, Onitsha, Eungu, Owerri, Umuahia, Asaba, when there region was never witnessed common knockout sound. Its a shame, Chief Awo effort to towards your generation was a waste 2 Likes |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 9:32pm On May 08, 2022 |
OFFICIAL336: Don't mind those g.o.a.t. |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 9:24pm On May 08, 2022 |
forgiveness: Ariara international market worth over $3Billion, that Market alone provides over a million direct and indirect jobs, with over 50,000 stores still counting Do you think we are joking, we are doing same in Lagos Computer Village, Ala-Aba, Trade Fair etc. If you guys want to compete with us try replicating ABA, Onitsha, Ala-Aba, Computer Village etc in Ibadan, Oshogbo, Akure, Abeokuta and Ado-Ekiti if you guys are even half man enough. You are mentioning a tobacco company that can't even employ more than 2000 workers. |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 8:25pm On May 08, 2022 |
Michael004: Hahahahaha, watin you smoke this evening? Why didn't you add oshogbo and Ado-Ekiti? F.O.O.L |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 4:28pm On May 08, 2022 |
Michael004:The guy showed you home were people live in Eungu and even Aba, why you are showing us UI and UCH, show us where Ibadan commoners are living, stop been a cunt. also stop talking about that glorified village call Ota. My village Oguta beat that thing you called otta or ota hands down. |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 2:41pm On May 08, 2022 |
OFFICIAL336: Bro echo it's loud to those enemy of progress 1 Like |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 8:26pm On May 07, 2022 |
Michael004: It's on you to prove the op wrong, ABA pics are on the first, second and third page of this post so go and check it out, |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 7:54pm On May 07, 2022 |
Afonjakid: Leave those people, I know them very well, with all the free education Chief Awo gave them, they can't even erect a decent city, you see all of them calming Lagos citizen up and down, one idi.ot is posting pics of university of Ibadan and UCH, you can't see them posting where ordinary citizens are living. |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 7:40pm On May 07, 2022 |
Afonjakid: They don't have anything to show, leave them, one of them is taking about ota and another slum call shagamun or what is it called, no city in South West can come close to ABA. They wish but can have it, the only city with a power generation and distribution. I challenge them to develop or replicate ABA and Onitsha in Oyo state, Ogun or that good for nothing Ekiti and Osun, if they are man enough, lazy people 3 Likes |
Politics / Re: Despite Its Huge Oil, Bayelsa Has The Highest Malnurished People In The World. by Ngorbungor(m): 10:33am On May 07, 2022 |
Kinematics:Stop lying please, imo of all state. 6 Likes 1 Share |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 10:23am On May 07, 2022 |
Obamaofusa: Let me address these and leave those other nonsense you typed. Ibadan only has more than 10 GRAs. I want to ask you this since GRA is now a yardstick to measure development. How many GRA does Abuja has? Since GRA is now an achievements Aba does not have any mall. Ibadan only has 5 mega malls and some other malls in the city. Do you think you are making sense at all, so Aba residents will leave Ariara International Market and New Market and patronize mall, same mall that is full of Aba made items, beside don't ever compare those low budget mall of 20 stores with 80% made in Aba goods to over 50,000 stores in Ariara Market alone. Ibadan has 2 Olympic standard stadia and some other stadia that are not Olympic standard.Aba has no stadium. Oga travel you no go travel, what is Eyimba Stadium for? Industries.......Ibadan has more than anywhere in the South East talkless of toddler and smelly Aba. Please list the industries in Oyo state not only Ibadan. If Oyo State has such numbers of industries why is Shell BP piping gas to Aba industrial estate and even having a dedicated power generation and distribution company. Like Geometric? But yet to see such in Oyo state. You people are enjoying FG patronage, enjoy it when it last, it's just a matter of time. that's all I can say 2 Likes |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 10:21am On May 07, 2022 |
Let me address these and leave those other nonsense you typed. Ibadan only has more than 10 GRAs. I want to ask you this since GRA is now a yardstick to measure development. How many GRA does Abuja has? Since GRA is now an achievements Aba does not have any mall. Ibadan only has 5 mega malls and some other malls in the city. Do you think you are making sense at all, so Aba residents will leave Ariara International Market and New Market and patronize mall, same mall that is full of Aba made items, beside don't ever compare those low budget mall of 20 stores with 80% made in Aba goods to over 50,000 stores in Ariara Market alone. Ibadan has 2 Olympic standard stadia and some other stadia that are not Olympic standard.Aba has no stadium. Oga travel you no go travel, what is Eyimba Stadium for? Industries.......Ibadan has more than anywhere in the South East talkless of toddler and smelly Aba. Please list the industries in Oyo state not only Ibadan. If Oyo State has such numbers of industries why is Shell BP piping gas to Aba industrial estate and even having a dedicated power generation and distribution company. Like Geometric? But yet to see such in Oyo state. You people are enjoying FG patronage, enjoy it when it last, it's just a matter of time. that's all I can say [/quote] 2 Likes |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 1:20am On May 07, 2022 |
Michael004: Please compare Abeokuta or Ibadan to Aba, not those villages your mentioned, 2 Likes |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 8:05pm On May 06, 2022 |
Michael004: This your mouth can never take to anywhere, you mean there in nothing in aba, and states like River, Akwa ibom, Cross River, Imo, and Bayalsa depends on ABA for their needs. Can you point to us any state in South West that has a city close or equivalent to Aba Please not state capital, Umuahia is the capital of Abia state, and ABA is a city in Abia state. 3 Likes |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 7:58pm On May 06, 2022 |
walefresh3: @walefresh3 You've run away https://www.channelstv.com/2012/06/26/shell-to-build-3-5-billion-gas-plant-in-imo-state/ Or you need more to cure you ignorance? |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 10:22am On May 04, 2022 |
walefresh3: https://www.channelstv.com/2012/06/26/shell-to-build-3-5-billion-gas-plant-in-imo-state/ This project is about 70% as we speak the project is located at obigwe in Assa north in Ohaji Egbema local government area of imo state. There is Walter Smith's refinery that has started producing and they has started expansion from 5000bp to 50000pb at the moment they has invested close to $250 million still counting. As for Onitsha-Market please google it please 1 Like |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 10:02am On May 04, 2022 |
OFFICIAL336: 1. Inner galaxy is worth more than $100 million 2. Ariara international market worth over $2billion 3. Geometric power is worth $500 million Are you ok? 1 Like |
Politics / Re: Aba Vs Ibadan Development by Ngorbungor(m): 9:54am On May 04, 2022 |
walefresh3: You don't know what you are talking about, these are investments that worth more than that. 1. Assa North-Ohaji South Oil and Gas Project - $3.5billion 2. Onitsha-Market: with volume of trade in Onitsha-Market is in excess of $3billion with about 40% of this figure in constant circulation through the unbanked transactions. This translates Onitsha into the city with one of the highest GDP in Nigeria. You asked for one I gave you two 1 Like |
Politics / Re: Nigeria Should Be Proud Of People Like Peter Obi - Rivers PDP Chairman, Akawor by Ngorbungor(m): 7:44pm On May 03, 2022 |
hopexter: Yes he did, in cost of governance he great, in economy he performed well, in local and foreign investment he did great, in policy implementation conceptualization he also did fine. |
Politics / Re: Nigeria Should Be Proud Of People Like Peter Obi - Rivers PDP Chairman, Akawor by Ngorbungor(m): 5:57pm On May 03, 2022 |
UncommonLogic: Do you think you are making sense? Once again go and look for your money in tinubu's bullion van for all we care. Nonsense |
Politics / Re: Nigeria Should Be Proud Of People Like Peter Obi - Rivers PDP Chairman, Akawor by Ngorbungor(m): 5:54pm On May 03, 2022 |
hopexter: 10 of Umahi cant, what is Umahi doing that is a big deal? Constructing road and flyovers? how does Umahi economic policy affected job creation, unemployment, local and foreign investment in his state? We Nigerians are not looking for someone that will come and construct road and flyovers, we need persons that are grounded in micro and macro economic management, policy conceptualization and implementation, person who can create jobs and reduce cost of government to the barest minimum. |
Politics / Re: Nigeria Should Be Proud Of People Like Peter Obi - Rivers PDP Chairman, Akawor by Ngorbungor(m): 5:39pm On May 03, 2022 |
UncommonLogic: You better go start looking for your money in tinubu's bullion van. That's even if you have any |
Politics / Re: Nigeria Should Be Proud Of People Like Peter Obi - Rivers PDP Chairman, Akawor by Ngorbungor(m): 5:36pm On May 03, 2022 |
tsmat: Hmmmmm, so take it easy please. |
Politics / Re: Nigeria Should Be Proud Of People Like Peter Obi - Rivers PDP Chairman, Akawor by Ngorbungor(m): 5:33pm On May 03, 2022 |
adefitim: Who care about your vote? Suffer no dey tyer you? Please vote for those people you've been voting for as usual nonsense. |
Politics / Re: Nigeria Should Be Proud Of People Like Peter Obi - Rivers PDP Chairman, Akawor by Ngorbungor(m): 5:28pm On May 03, 2022 |
hopexter:Umahi himself can not say what you just said |
Politics / Re: Nigeria Should Be Proud Of People Like Peter Obi - Rivers PDP Chairman, Akawor by Ngorbungor(m): 5:25pm On May 03, 2022 |
hopexter: Oga, Anambra state is not a civil servants state like Oyo, osun, ekiti, or Ondo state, which state can compete with Anambra state and abia state in terms of raw skill, craftsmanship, trade and commerce? |
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