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Nairaland Forum / Nairaland / General / Politics / Electricity: FG Targets 6000 Megawatts By End Of 2024 (6324 Views)
Electricity: FG, Labour Agree To Cut Price By N10.20 Per Kwh, For 3 Months / No Decision Yet On Two-month Free Electricity – FG / 3,050 Megawatts Mambilla Power Project In Taraba (Pictured) (2) (3) (4)
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Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by onuman: 1:40pm On Apr 23 |
Good news. Just like we have been targeting since Obasanjo administration. The money for that shall be shared by the same people setting up the target. 2 Likes |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by onuman: 1:44pm On Apr 23 |
Splashme: They don't want to tell themselves the truth that Nigeria had since before now failed as a country. The huge size, geographical locations and diverse religions, of the three largest groups in Nigeria made the country fail. 1 Like |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Illusioneffect(m): 1:45pm On Apr 23 |
FG: 6000 mega watts in end of year Me: Look between H and K on your keyboard |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Holyfic: 1:47pm On Apr 23 |
I tiya for una stupid governance If una like make una project 1mw ![]() 2 Likes |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Bananapill: 1:47pm On Apr 23 |
ayoolataiwo: What is the essence if there are no infrastructure for distribution of the 6,000 MW generated? 1 Like |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by CountinBlessins(m): 1:49pm On Apr 23 |
They are already lowering the bar? ![]() ![]() ![]() ![]() ![]() Wow just wow!! 1 Like |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by uunwanaobong3: 1:50pm On Apr 23 |
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Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by stampo: 1:51pm On Apr 23 |
Audio megawatts.. 1 Like |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by HateBigots: 1:57pm On Apr 23 |
Splashme: 350M ![]() |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by BigBizzy(m): 1:57pm On Apr 23 |
See lie na...taaaaahhh... unserious people |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by plaetton: 1:58pm On Apr 23 |
Jlow2:Correction: South Africa generates about 48,000 MW of Electricity. 2 Likes |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Menclothing1: 2:00pm On Apr 23 |
Una Dey craze with target na so obasanjo promise say b4 2020 24hrs electricity Failures without plan |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by nairalanda1(m): 2:00pm On Apr 23 |
Jlow2: They can do that because both countries allow their power sector set the prices that the power sector wants. Egypt had a subsidy in place, but it was removed several years ago. Also, SA has a diversie generation portfolio...not just gas, they have nuclear and hydro. Even then, SA Is having blackouts right now. Nigeria's problem (And I am not here to excuse APC, attack PDP or whatever, thank you ) boils down to the fact that the government sets prices for the power sector, meaning they cannot make sufficent profits to fix things. Then the power sector is owed billions by government (some 1.3 trillion naira ), and the general public (greater than that)...simply because people do not pay their bills, and excuse it. Including your government too. And when the government sets a bad example, the people follow. Add the fact that since the late 1970's, the government has been expanding power supply to everywhere in Nigeria...with the result that the grid got overloaded (until 2019, there had been no new investment in the grid since the 1970's)...and damaged. Part of why we have blackouts ad grid collapses. At the end, decades of making power cheaper for the people, means the sector cannot fund or fix itself or raise enough money to do so. People not paying their bills makes it worse. The gas companies refuse to supply gas to discos because of nearly 2 tr in debts. But anytime people point out the lack of a cost reflective tarrif, NIgerians abuse and shout at them. Well, all I will say is, you won't run your business well if government set your prices. Ivory Coast used to have similar problems as we did, until 1993, when they privatised power, and allowed a cost reflective tarrif to be charged. And here they are. 1 Like |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by nairalanda1(m): 2:01pm On Apr 23 |
onuman: Nothing to do with Nigeria failing as a nation, and everything to do with lack of a cost reflective tarrif, and people not paying their bills. And if we split the country, the same issues are going to remain. We gotta change our mindset. 1 Like |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Skillsnigeria: 2:02pm On Apr 23 |
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Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Perfectnumber6(m): 2:08pm On Apr 23 |
Story story .... Storrrrrry.. once upon a time .. time ... Time |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by onuman: 2:08pm On Apr 23 |
nairalanda1: Does cost reflective?? tarrif emerge from the moon? What makes people refuse to pay their bills. Do people in functional countries refuse to pay their bills? Split the country into more manageable countries and see all these bottlenecks on present Nigeria DISAPPEAR from the emergent new countries. Nigeria as presently structured and governed never gonna survive. Take this to the World Bank. 5 Likes |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by nairalanda1(m): 2:15pm On Apr 23 |
onuman: It isn't because Nigeria is a dysfuncional country that people are not paying their power bills. We pay our phone bills easily, we also pay a host of other bills, but when it comes to power, we have the idea that it should be free of charge or cheap. That is why we can restructure or separate Nigeria, and power will still be a problem. AM sure you think SA is a 'decent country' , yet they too have blackouts partly because of mismanagement, and partly because people are not paying their bills to eskom. At the end, we have to accept power is not cheap. Otherwise we are going to keep having issues. 1 Like |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by abobote: 2:17pm On Apr 23 |
They are always targeting |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by 3seriez(m): 2:22pm On Apr 23 |
iwaeda: Always targeting, never achieving. |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by SolarEngr2(m): 2:26pm On Apr 23 |
Be in charge of your life. GO SOLAR NOW Just watch this short video https://www.youtube.com/watch?v=KU4RYDXMh-U?si=DUTkgt5-Z1wKM_6a |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Phantom233: 2:28pm On Apr 23 |
6000 megawatt for a population of over 200 million after 60years of independence. Dangote should just come to our rescue because these so called federal government is an organ of deceit and retrogression. |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by onuman: 2:33pm On Apr 23 |
nairalanda1: Deep-seated poverty among the masses make them not pay electric bills. Official corruption endemic in government offices make officials squander money meant for electric bills. Deep-seated poverty and official corruption in Nigeria are products of a dysfunctional country. 1 Like |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by grandstar(m): 2:40pm On Apr 23 |
Jlow2: The power sectors cash is provided largely by the private sector and not the government. The road will cost 2,8tr and not 15tr.The road will be tolled, so will recoup its cost 1 Like |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Tianamen1: 2:59pm On Apr 23 |
nairalanda1: The problem I have with your comments is that you always leave out crucial details. You write a lot of facts but then you purposely omit important details. Yesterday, you wrote a comment about the Dutch disease (aka resource curse). You failed to mention that the solution is to set up an excess crude account( sovereign wealth fund), and manage it properly. You failed to state that it was Nigeria’s mismanagement of its excess crude account that led to all the economic issues. Today, you are commenting on electricity and gas prices, yet you have left out two important points. First of all, gas prices have only risen because of the fall in the value of the Naira. That is, gas prices have risen because of the Nigerian government’s incompetence in managing our excess crude account. Secondly, Nigeria is a gas giant. The Nigerian people own the gas resources which is managed on their behalf by the government. Story time. Imagine Germany was a gas giant but the German government failed to manage its currency leading to Germans not being able to afford to pay for gas at the international price. Do you think Germany would export its gas to neighboring countries while leaving its masses in darkness? 2 Likes |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by nairalanda1(m): 3:05pm On Apr 23 |
Tianamen1: Nigeria has also had years of subsides and price controls, even on gas. That hinders investment in gas production and development, so we are not producing as much as we should. Hence the flaring. If there were no price controls, all that gas won't be flared. It would be profitable. Plus, we need to pay cost reflective tarrifs. The experts thinks so. It's harsh, but that's the way it is. |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by OfeAchi: 3:06pm On Apr 23 |
FG targets a paltry 6000MW by December. How appalling. It appears that generating stable power supply for a country as old as Nigeria is rocket science! We should be having discussions on how to generate at least 1000 GW. |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Trustyourself: 3:07pm On Apr 23 |
iwaeda: I wish they can also be myopic when it comes to stealing from the common-wealth of the masses. At least, that will make them steal little |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by nairalanda1(m): 3:08pm On Apr 23 |
onuman: So, we stop complaining about the power issue. And if we split the country, the poverty problem will remain....because it is going to take ages before we see any prosperity in any new country. Poverty by the way did not stop us from paying bills for phones, even when they were intially expensive and the service was bad. The truth is, poverty or no poverty, if we want 24 hour light, we got to pay the power companies at the price they set, and stop stealing power. Maybe investment would make it cheaper eventually, maybe not. But this one where all our governments have been doing cheap power to help the poor, at the end, the country would be suffering poor power. You cannot sell a car at the price of a bicycle. |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Trustyourself: 3:09pm On Apr 23 |
iwaeda: Tinubu is building Nigeria same way he built Lagos |
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Ever8090: 3:13pm On Apr 23 |
Nigeria is on the right path, a path that will bring out the beast the leaders has been creating over the years by their selfish behaviour, high level of corruption. I see the masses rising up and taken power from the few demons who has been holding onto power just to loot the nation treasury and plunder the majority population into scorching pains and agony It will be bloody, the whole world will stand still as all eyes will be on what is happening in Nigeria. Blood of politicians and their family members will flood the streets. This will happen unplanned just like end-SAS.. just a little trigger that will propel the movement. Nigerian politicians and top government officials should take note and start returning all the country's resources they have stolen and let massive development start or they will pay with their blood and the blood of their relatives . |
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