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Nairaland Forum / Nairaland / General / Politics / FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid (13559 Views)
Photos From The Construction Of Zungeru hydro-Power Project / China Completes And Presents The New 5G Delivery Car (photos) / Update On Zungeru Power Plant Project. (2) (3) (4)
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Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by Kukutenla: 2:15pm On May 01 |
nairalanda1:I took my time to read the two links. The following are obvious contradictions from the two. 1. Arise puts funding required $100bn over 20 years while nairametrics puts it at $100bn in 5 years based on Egypt's model. 2. Nairametrics put our energy need at 200GW while Arise puts it at 40GW. 3. Nairametrics puts installed generating capacity at 22GW while Arise article sums it as 12GW. 4. Nairametrics puts electricity access at 54% while Arise puts it at 20%. I'm sure you'll agree that these are basic and fundamental parameters which have been wrongly computed and thus makes it difficult to agree with anything from the articles since they can't even agree on the numbers. It makes a joke of the so-called research. That said, nairametrics seemed to adopt the Egyptian model in its submission which was solely govt driven and thus the question of pricing does not arise. The weakness in this model is that the energy mix and structure of both countries are different and so are the challenges facing them. On the other hand, Arise identified pricing as a major concern but also identified other systemic issues which it concluded to be more fundamental and germane. So, in your estimation, which of the two reports are we going with? |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by nairalanda1(m): 2:39pm On May 01 |
Kukutenla: How is it wrongly computed? Be as if say you don't want to believe . It's your perogative. Anyway, good afternoon. |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by Kukutenla: 2:55pm On May 01 |
nairalanda1:Can't you see conflicting figures? Do you even read the links you drop or just doing your paymasters bidding? |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by nairalanda1(m): 3:04pm On May 01 |
Kukutenla: Nope. Except in the years I just see that one says it has to be done slower than the other. Anyway, since you will still disagree and call me a liar , good evening. |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by Kukutenla: 3:09pm On May 01 |
nairalanda1:Lol. Slower? Are you that poor at maths? How can $100bn in 20 years and $100bn in 5 years mean the same to you? Again. Did you read through the links? Did you read the contradictions I highlighted (4)? You stopped at no. 1!! |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by nairalanda1(m): 3:28pm On May 01 |
Kukutenla: Good afternoon. |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by Kukutenla: 3:52pm On May 01 |
nairalanda1:Rest |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by nairalanda1(m): 4:17pm On May 01 |
Kukutenla: Things do cost money. It does not have to make you angry and abusive, you know. |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by countryman13: 4:30pm On May 01 |
princepee:Bro agreed dt ur entire area was in total darkness but dt doesn't mean d entire nation is in darkness now. U need to understand d fact dt ds sector is decayed already n is at present, going through a process of resurrection. Let's be hopeful n work together as one people for d power sector to answer its name once again while its lost glory's restored |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by countryman13: 4:35pm On May 01 |
Solidex:Are u sure of what u just typed? Ds is just from s single Gen station now. And moreover isn't it an achievement? If u ask me, it is. I am not an APC/BAT fan but i must confess dt dey are really trying to see dt our nation bounce back to life again. Thanks |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by countryman13: 4:38pm On May 01 |
lesbiconverter:Connect ur service wire to a nearby river n get urself powered at no cost now! |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by countryman13: 4:43pm On May 01 |
boxypane:Hmmmm! U need to go to Kogi n see d potentials there especially in d area of electricity. A trial will surely convince u! |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by Kukutenla: 4:51pm On May 01 |
nairalanda1:I thought it was cowrie not money that things cost o Thanks for the info |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by nairalanda1(m): 5:00pm On May 01 |
Kukutenla: It's true after all. |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by Kukutenla: 5:04pm On May 01 |
nairalanda1:I find it odd too |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by nairalanda1(m): 5:10pm On May 01 |
Kukutenla: Sorry about that. Communism doesn't work because people like to own stuff.. F.Zappa In 2013, Nigeria decided to privatise the sector. But 10 years after, the expected yields from the privatisation of the NESI have been hampered, in part, by the inability of the Distribution Companies (Discos) to charge cost-reflective tariffs.. People who want special taxes or subsidies for particular things seem not to understand that what they are really asking for is for prices to misstate the relative scarcities of things and the relative values that the users of these things put on them. . . Making anything artificially cheap usually means that it will be wasted.” And last
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Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by Kukutenla: 6:13pm On May 01 |
nairalanda1:No relationship between this and cowrie |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by HisXLNC1: 6:17pm On May 01 |
blamingthedevil: White man rule us many years We get electricity constantly Our people come take over Them come build Kainji Dam Them come build the dam finish Electricity com stop Just like that, just like that, just like that |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by nairalanda1(m): 6:25pm On May 01 |
Kukutenla: Operators in the Nigerian Electricity Supply Industry (NESI) have called for the adoption of cost-reflective tariffs for energy to consumers to attract more investments and curb the liquidity challenge in the sector. SAUCE |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by nairalanda1(m): 6:33pm On May 01 |
Kukutenla: This tariff review is in conformity with our policy thrust of maintaining a subsidized pricing regime in the short run, with a transition plan to achieve a full cost-reflective tariff over a period of, let us say three years." - Nigeria's Minister of Power, Adebayo Adelabu. It looks scary but what the Honourable Minister is trying to do is actually what should be done. I understand the emotions and his non-elegant way of explaining things (an example: asking people to switch off freezers to save energy cost), but the path he is taking is the right one. Many do not pay electricity bills in Nigeria even as they complain of no electricity. So, besides reflective tariff, we must ensure we also improve collections. Our challenge as a nation is how to make the rich pay their fair share. In America (feel free to attack me for bringing comparison), those in the cities pay more for phone bills than those in the rural areas. Their model is that if you do not subsidize the low density rural areas with the revenue from the high density city areas, no person can afford rural telephony. If you apply that in Nigeria, Eti Osa LGA cannot be on the same rate as Epe on electricity rates, just like Oriendu Market Ovim traders cannot pay the same rate as Ariaria Aba traders. It is our lack of the use of data that makes our governance system inefficient. I just want to caution the Honourable Minister, you cannot phase out electricity tariff; it would be a bad policy. What you can do is to phase out all for commercial customers, modulate for some residential customers especially in rural areas, but sustain subsidy for industrial customers to make them globally competitive as energy is a huge component of production. For industrial customers, if a $100m subsidy helps to improve output by $15 billion, when you tax that output and activity associated with it, you can recover that $100m. But if a high tariff makes their products so expensive that the only option is Chinese products, Nigeria loses. Always remember that whenever Nigerian Customs beats annual revenue targets on import duties, we are de-industrializing Nigeria; reverse that for us. SAUCE |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by nairalanda1(m): 6:35pm On May 01 |
Kukutenla: President of the African Development Bank, Akinwumi Adesina, has stated that Nigeria needs to implement cost reflective tariff or else investors would shun the power sector.. SAUCE |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by boxypane(m): 7:09pm On May 01 |
countryman13:Lots of potentials sir. But who will manage it? |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by Kukutenla: 7:15pm On May 01 |
nairalanda1:Where is the cowrie here |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by Kukutenla: 7:17pm On May 01 |
nairalanda1:I couldn't spot the cowrie. Must be the size |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by Kukutenla: 7:18pm On May 01 |
nairalanda1:Still no cowrie. You ended up confusing the issues |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by mechanics(m): 7:28pm On May 01 |
WantsandMore:Hahahha, I know what am saying, find out yourself if what am saying is true or not? |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by nairalanda1(m): 7:30pm On May 01 |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by countryman13: 7:48pm On May 01 |
boxypane:Kogitee/expatriates of course! We have sound people as but we are politically handicapped especially in the last 8 years of yaya Bello's governance. Thanks |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by boxypane(m): 8:20pm On May 01 |
countryman13:This is exactly the point sir. The state lacks the political will. The politicians in sensitive positions in Kogi do not see beyond their pockets. Imagine your state had the type of Governor Bornu state has. |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by countryman13: 8:27pm On May 01 |
boxypane:Yeah u re on point! We once had such(PAU of blessed memory) but unfortunately we lost him to d cold hand of death in 2015. He was a visionary leader to d core. 1 Like |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by es144000: 8:50pm On May 01 |
blamingthedevil:Gej raised the funds for this project kudos to him,not APC.Gej raised the counterpart funds,the Chinese provided the balance and built it.We expect the project to take years and so could not be completed in his tenure. |
Re: FG Completes And Switch On Zungeru Hydro Power Plant , Adds 624 MW To Grid by lesbiconverter: 8:23am On May 02 |
countryman13:no need I already have solar power system |
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