Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss - Politics (2) - Nairaland
Nairaland Forum › Nairaland General › Politics › Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss (14468 Views)
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by Reference(m): 2:31pm On Jul 15, 2021 |
Hahahaha.... what did I say. Only in Nigeria. |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by Algold: 2:31pm On Jul 15, 2021 |
Simplythebest:I bought it 5500. |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by peculiar2233: 2:32pm On Jul 15, 2021 |
dre11:Nigeria is cursed Our looters leaders are cursed Buhari should resign now to save this country from the doom and calamity ahead |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by blackmaine: 2:33pm On Jul 15, 2021 |
Seniorwriter:Nobody can redeem Nigeria , Nigeria as a country has been cursed believe this bro and know peace |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by bankylan: 2:34pm On Jul 15, 2021 |
You don't have gas but AZURA Edo has the second largest load capacity. Why are we not putting things into the right perspectives and explain to Nigerians why our NIPPS are dormant. I am tired of talking about the industry........With NBET monopsony and the constraints in the transmission and distribution, all the generating plants will be shut down soon if nothing is done. Gas suppliers are dealing with them on best endeavour basis due to liquidity problem in NESI. It is either we liberalized the market now and also allow eligible customers and open access to gain traction so that stranded capacities can be utilized. It is a huge problem and revoking the licenses of the Discos may be an option, otherwise government will continue to fund inefficiencies through NBET and all those interventions that are not achieving anything. Core professionals should run the sector and not all these politicians and the so called 'professionals' that have little knowledge of power systems and electricity markets. |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by Ishilove: 2:34pm On Jul 15, 2021 |
ChiefSosa:O ma ya mi lenu ke |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by Urchmantete: 2:36pm On Jul 15, 2021 |
Borrow money and buy gas, simple! It's no longer news |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by RichAbujaGuy: 2:37pm On Jul 15, 2021 |
Hmmm, I wonder why? ![]() Corrupt Nigerian Leaders Paint Dubai Red by philips70(m): 8:14am On Dec 11, 2011 https://www.nairaland.com/822466/corrupt-nigerian-leaders-paint-dubai https://www.nairaland.com/822925/nigerian-leaders-paint-dubai-red Nigerian leaders paint Dubai red •Ex-VP, MILAD, Governors buy up choice properties •The billions they spend on helicopter cruise, Amani Club By Daniel Alabrah Sunday, December 11, 2011 • Burj Al Arab Hotel in Dubai...The most luxurious hotel in the world • Photo: Sun Publishing More Stories on This Section Corrupt Nigerian leaders have found a safe haven in Dubai, one of the seven emirates in the oil-rich United Arab Emirates (UAE), for stashing away their loot. The spendthrifts among them have also devised ways to satisfy their celebratory appetite at the drop of a hat. Sunday Sun investigation during a recent visit revealed that with tightening of the noose on slush funds in the Western world, some smart Nigerian leaders turned their focus to the delectable tourism city and business hub. It was gathered that a former military administrator, who became an ambassador, owns a 35-storey tower named after him in the city. The structure is worth several millions of dollars. A former Nigerian vice president also has a state-of-the-art building in the upscale Jumeirah district, close to the Atlantis Hotel, which is one of the most expensive and luxurious hotels in the world. Among others said to own exotic structures in the Arab city are a former Lagos State governor, who is gradually emerging as a political Sheikh in Nigeria as well as a former radical Federal Capital Territory (FCT) Minister from the North. Both property are in the Deira axis of the emirate. Harried former Delta State governor, James Ibori - currently facing corrupt enrichment charges before a Crown Court in London - was equally said to have eye-popping investments there. Our source revealed that during the late President Umaru Yar’Adua ill-health saga, the cabal, made up of his loyalists and some northern governors, usually congregated at Ibori’s home to plot their strategy before going to Saudi Arabia, where the late Nigerian leader was hospitalised. “When Yar’Adua was in hospital in Saudi Arabia, most of those loyal to him used to meet with Ibori here. They call him (Ibori) chairman and he usually hosted them in one of his houses. It is from here they left for Saudi Arabia,” the source disclosed, adding that, “there is hardly a governor in Nigeria that does not own property in Dubai, especially the northern states governors. “Nigerians are well respected here and they have the highest number of visa applications on a daily basis. The Dubai authorities grant not less than 95 per cent of these applications.” Worried by the dwindling revenue from oil, Dubai relaxed its economic and trade policies to woo investors. Today, the largest chunk of the emirate’s income is earned from hotel and tourism, real estate and financial services, similar to that of Western countries. All this is buoyed by the tight security in place and almost non-existent violent crime. There is hardly any fear about moving around at any time of the day. A young Nigerian, Chimaroke Nwaozuzu, who is a legal resident, told Sunday Sun that Nigerians prefer to invest and do business in Dubai because of the beauty of the city and the adequate security in place. “Besides, it is safe for the corrupt leaders to hide their stolen wealth because they would not be exposed unlike in America or Europe. Here, Nigerian leaders buy estates and pay cash even though most of the property consultants and firms operate flexible payment terms. The firms agree to spread the payment period over five to eight years. But these leaders prefer to develop the Dubai economy and, unfortunately, it is with the money they have stolen,” he lamented. Other features however make the emirate attractive, such as its loosely regulated free trade zones, thriving ports, freewheeling property sector and permissive business environment. These combine to make Dubai very attractive for money launderers. According to an international crime threat assessment prepared for the United States government by the Federation of American Scientists in 2002, “money-laundering activity in the UAE total $1 billion annually” after Dubai’s property sector was opened up to foreign buyers. But the authorities do not agree as they play down the extent of money laundering, saying there were laws to fight it. Profligacy at Burj Al Arab Hotel Sunday Sun further learnt of governors that do not own property in Dubai but live large and revel in the splendour of the Burj Al Arab Hotel. Described as ‘seven-star’, it is the most luxurious hotel in the world where the rate of a suite ranges between $1,000 (N160,000) and $28,000 (N4.5 million) per night. The iconic 60-floor structure, designed like the sail of a boat (actually built to resemble the sail of a Dhow, a type of Arabian vessel), stands 321 metres (1,053 feet) on an artificial island about 280 metres (919 feet) from the Jumeirah beach, and is connected to the mainland by a private curving bridge. It was the tallest building used exclusively as a hotel until it was toppled by another in the city, Rose Rayhaan, in December 2009. At every time of the day, tourists from all over the world mill around to catch a glimpse and take photographs from the point allowed by the hotel security. “Whenever they (governors) visit, they always go for the best, including the most expensive suites at the hotel. You can imagine how they spend our money,” the source further disclosed. Sunday Sun’s observation inside the hotel was that its interior is a statement in creativity. Decked all over with gold and other Oriental ornaments, guests are given a royal treat typical of the Arab Sheikhs. Helicopter cruise The latest fad for some of the leaders is to celebrate the wedding and birthday of their children in Dubai. Guests are flown from Nigeria. According to our source, the celebrants and guests go on helicopter cruise instead of the usual boat cruise, after which a lavish reception is held at the Amani Club atop the Burj Khalifa. “The Burj Khalifa is a 150-storey tower and it is the tallest building in the world. Entry fee into the Amani Club is $1,500 (N240,000) per person,” the source added. There are different types of helicopter tour services around Dubai offered by travel and tour firms. For instance, there is the Bell Helicopter 206 Series and the 212 Series offered by the Travel & Culture Services. The 206 Series carries four – five persons while the 212 Series carries six – eight persons. The fascination for those who embrace this service is that it offers an opportunity to watch the picturesque Dubai skyline from the air in your ‘own helicopter’, according to the tour firm. Sunday Sun could not however get the exact fee per tour but it was gathered that it does not come cheap and not every Emirati can afford it. Besides, the fee is determined by the routes and number of minutes the helicopter is airborne, which is between 15 and 60 minutes. https://web.archive.org/web/20120513072416/http://www.sunnewsonline.com/webpages/news/national/2011/dec/11/national-11-12-2011-001.html |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by Yankee101: 2:40pm On Jul 15, 2021 |
But there's gas to supply dangote and neigbouring countries abi |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by AuroraB(f): 2:41pm On Jul 15, 2021 |
They wan borrow another trillions. E no pass am ![]() |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by joelsteron: 2:42pm On Jul 15, 2021 |
Lies from the pit of hell. |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by Nobody: 2:45pm On Jul 15, 2021 |
SLAP44:You are very correct. Since 2012, I became the most ardent supporter of Buhari. The battle to remove PDP and Jonathan was very tough. It got to a point, it seems I was the only major supporter left. After he became President, sarrki joined later on nairaland with few other people on other media. The battle against Saraki was also tough. I fought major battles on the side of Buhari before the formation of APC, after APC was formed and when he won 2015 election. It was later I realized, I have wasted my time. |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by bankylan: 2:45pm On Jul 15, 2021 |
It is cheaper to flare than spending billions of dollars to produce gas with no ready offtakers.....No business will do that. Remittance in NESI is like 30% of energy sold, With this, Gencos hardly collect money for energy sold. The gas contracts they sign is on take or pay basis and with the stranded capacities we have in NESI, Gencos are in trouble because they can't produce due to constraints in transmission and distribution. So for gas producers to invest in gas production, they have to see off takers that will sign agreement that can span 15-20 years. There is glut in the NNLG market are producers won't just come and tie their borrowed dollars down. Plomo: |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by sylve11: 2:46pm On Jul 15, 2021 |
ChiefSosa:As sad as the story might be, I can't stop imagining and laughing at the same time. ![]() Accidental discharge. ![]() |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by jeyem(m): 2:49pm On Jul 15, 2021 |
With all this news, you guys are not encouraging me to come home, will I stay in USA forever to enjoy my life? With all the gas in Nigeria! No gas to run power plant again! Given up on that country! |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by BruncleZuma: 2:52pm On Jul 15, 2021 |
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| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by Jaycee07: 2:52pm On Jul 15, 2021 |
Am not sure why the past and present leaders are inept and lack foresight and methodology when it comes to planning and conservation. The last time to checked , the upper Benin and Agbada geologic formation have more natural gas than crude oil. How difficult is it to harness this resource and preserve it fot equitable and adequate use? Our leaders are indeed wicked and unruly. I’ve completely lost faith in Nigeria. |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by Topmaike007(m): 2:55pm On Jul 15, 2021 |
ChiefSosa:no mind them another means of psyphoning fund is what they are looking for,but fortunately ibe kachukwu don cast dem when he made that statement few weeks back |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by zanshi: 2:58pm On Jul 15, 2021 |
Invest in wind turbines and forget all this gas rubbish We need $11bn to invest to generate gas in commerical qty to service energy demand. We need to put our money where our mouth is. |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by Sweeetheart(m): 2:59pm On Jul 15, 2021 |
just imagine Senate and house of reps suspend their just two months both salaries and allowances for us to enjoy Light forever? even a month salaries and allowance of Senate and HOR is enough to give us steady light Democracy Is a scam. bicameral legislative is the biggest scam |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by Rolly22(m): 3:00pm On Jul 15, 2021 |
Algold:This same mentality is the biggest problem we have in Nigeria, Which country has God built before? Which Country has been built with prayers before? God does not Build any Country, people in a Country Do!!!! |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by RobbStark(m): 3:02pm On Jul 15, 2021 |
ChiefSosa:Do you really believed them. Politicians are liars |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by sulaak(m): 3:09pm On Jul 15, 2021 |
Nigeria flare gas that should be used for electricity. There comes a time when Nigerians must admit that they are not capable of managing a modern country. The country will rather was its resources. |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by ofiko123(m): 3:17pm On Jul 15, 2021 |
May God help this country called Nigeria... |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by GodwinIO(m): 3:23pm On Jul 15, 2021 |
Na awa oo which kind country be dis one na nothing is going well in this country. I remember in 2015 presidential election in lagos ikorodu my neighbour no allow be sleep when dey annouce buhari as the presiddent of nigeria say save baba.now what next |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by vasel15: 3:23pm On Jul 15, 2021 |
Failed zoo |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by hakinz87: 3:29pm On Jul 15, 2021 |
dre11: |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by ChiefSosa(m): 3:30pm On Jul 15, 2021 |
Ishilove: It's Minister Timipre Sylva o. He was even saying we could find up to 600 Trillion cubit feet if we search deeper. |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by ugo2chukwu: 3:34pm On Jul 15, 2021 |
Yet you are building gas pipeline to Niger republic. Why not build pipelines to these plants so the plants can run. Pls spare me these excuses. |
| Re: Chiedu Ugboh: No Gas To Run Power Plants In Nigeria – NDPHC Boss by fifaplayer9: 3:39pm On Jul 15, 2021 |
G |
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