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FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis - Politics (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis (9178 Views)

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Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by yoruboid: 4:43pm On Jan 30, 2025
wizelink:
Another avenue to loot public fund. What happened to 16billion dollars during OBJ era for same project?
People that comment without reading
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by History555: 4:43pm On Jan 30, 2025
nairalanda1:
It's not enough.

We need something like five times that amount to get to near total coverage

We also need everyone to pay at least N250 per kwh for power. No exceptions.

Do that, and we would have enough power in ten years. Keep pretending, and we won't have much improvement
On top 70k minimum wage which 80% in private sector are not earning
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by okeke6969: 4:44pm On Jan 30, 2025
According to the minister of power,150 million Nigerians already electrified.
So why borrowing such huge amount of Dollars?
Is there something this administration is not telling us?
Time shall tell.
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by nairalanda1(m): 4:44pm On Jan 30, 2025
anonimi:
Something that was already achieved many years ago.
Stop being a liar. Or do you mean that Buhari, Fashola, T-Pain and other APC people of incorruptible integrity are liars and hypocrites huh
Well, we know that under PDP there was no light.

Under APC, there is no light.

Therefore, APC In your opinion is a good government, and T-pain and Buhari are good leaders like OBasanjo, yaradua and GEJ.


OR


You can face the fact that all these leaders do not let the power sector charge at a profit which is why we don't have power.

GEJ privatised power, and then witheld the right of them to charge prices, and did nothing about people who do not pay. Buhari and tinubu do the same thing.

Yet you say GEJ is a good leader. BY extension, Buhari and tinubu are good leaders too.

You guys, drop the politics, and tribe, and THINK, THINK.

But no...
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by wizelink: 4:45pm On Jan 30, 2025
yoruboid:
People that comment without reading
People who read without understanding
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by History555: 4:45pm On Jan 30, 2025
nairalanda1:
What did Jonathan do in the years he was in office?

Yes, there was no light, like buhari and tinubu.

SO, essentially, tinubu and buhari were good leaders, like GEJ.



OR



You can accept that the problem with our power supply is something the three have in common...they did not let the power sector set its prices. Even tinubu's band A increase affects only 20% of the power supply.

When the power sector is not making enough of a profit, it cannot make the improvements needed to give us 24/7 lights.

What you guys need to do is stop blaming all your leaders, and blame yourselves. Your desire for cheap electricity is why we have no light. Even now large parts of the country don't pay for the power they use, and some pay N2000 a month, even if they use 200000 worth of light in that same month.

If you starve your child, would he perform to standard in school

GEJ privatised power, and made it difficult for them to set prices. Buhari and Tinubu conrtinue his policies.

Before you abuse me, THINK. THINK.
But geregu and transpower are posting billions in profit. They also paid 8 and 3 naira dividend to shareholders.
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by nairalanda1(m): 4:46pm On Jan 30, 2025
History555:
On top 70k minimum wage which 80% in private sector are not earning
Then stop complaining about no light, since you have told me you want to keep paying power companies loss making tarrifs.

Just praise Buhari and tinubu every morining.

If you were running a business selling bread you baked at the cost of N1500 a loaf, would you sell it at N100 a loaf to help the poor.

Oga, stop this poverty excuse. You pay for power or you don't. It's harsh reality, and God knows how much I hate saying it, but there it is.
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by nairalanda1(m): 4:48pm On Jan 30, 2025
History555:
But geregu and transpower are posting billions in profit. They also paid 8 and 3 naira dividend to shareholders.
And that's a lot for your mind eh?

They should be posting trillions in profit.

Plus the power sector owes trillions in debt. That eats up any billions.

And those dividends should be N100 , not N8

But you guys are content with crumbs when you could have the loaf.
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by Mariangeles: 4:49pm On Jan 30, 2025
Ugh! Here we go again! 😩😩
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by Pickup8: 4:50pm On Jan 30, 2025
Idun2024:
That’s a lot of money.

My question now is what would be the contribution of the cursed tribe now.

They are bringing nothing to the table and they are still going to benefit from this initiative’and na still go still dey badmouth this project.
You mean the Yinmirins 🤣🤣
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by Tellmeastory: 4:54pm On Jan 30, 2025
nairalanda1:
Then stop complaining about no light, since you have told me you want to keep paying power companies loss making tarrifs.

Just praise Buhari and tinubu every morining.

If you were running a business selling bread you baked at the cost of N1500 a loaf, would you sell it at N100 a loaf to help the poor.

Oga, stop this poverty excuse. You pay for power or you don't. It's harsh reality, and God knows how much I hate saying it, but there it is.
The problem with your idea is that the government knows that even LESS numbers of people will have power if the firms are allowed to impose those higher prices. Power cuts will be gone, but Access To Power, currently at 70% of the population or thereabouts, will decrease significantly. Perhaps to 40% or less.

Your idea sounds sensible on paper, but it’s politically inexpedient.
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by Brendaniel: 4:55pm On Jan 30, 2025
UpaIweka:
Samw thing Ebele that was nothing the messaih achived.
Then why did they remove him to also come and do nothing ? Are you saying they lied to Nigerians about being better than Jonathan?
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by lapazi(m): 4:56pm On Jan 30, 2025
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by ElSudani: 4:56pm On Jan 30, 2025
lsoul:
grin Another scam to loot funds grin is no longer privatization grin
Everything is a scheme to loot funds. Don't think of what opportunities may come with stable electricity. The refineries will never work, Dangote refinery will work in 150 year's time, Lagos to Calabar highway will stop at Lekki Free Trade Zone and each time you get it wrong. Isn't it time you sit up?
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by cjudy(m): 4:58pm On Jan 30, 2025
helinues:
Toh
Zone B you self surprise Abi? Be like them no tell you about this Lamba before posting it.

Use DeepSeek to compose comment to defend this Lamba
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by GardenOfGod(m): 4:59pm On Jan 30, 2025
Great100000:
Source: https://punchng.com/fg-unveils-23bn-plan-to-fix-nigerias-power-crisis/
APC government is determined to challenging the corruption strides of PDP. A way of looting the nation to its knee 🤣🤣
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by anonimi: 5:02pm On Jan 30, 2025
nairalanda1:
People like you are really really childish.

Your leader is forcing the power sector to work at a loss. THAT IS WHY WE HAVE NO LIGHT.

But no, blame a tribe, blame everyone.

Even this money means nothing. It is easy to put up infrastructure...but ongoing maintenance, expansion and attracting more investment requeires your government to increase prices.

At the end of the day, you guys really know nothing.

You pay N20 for a car and expect to walk out with a brand new Ferrari. In which world?
Yes, we know nothing but Fashola and APC know everything, which is why they promised and failed to deliver on electricity.
Many thanks for the reminder.

pendy79:
Lagos State Governor, Mr. Babatunde Fashola, on Sunday evening boasted that he could provide uninterrupted power supply to Lagos residents between six and eight months.

Fashola spoke at the commissioning of 8.5 megawatts Lekki Independent Power Project (IPP), the fifth of such power projects in the last five years in the state.

The governor said the addition of the Lekki IPP was a testament to the fact that stable power does not require rocket science to achieve in the country.

While challenging power distribution companies in the state, Fashola said, “Let the Eko DISCOs sign a contract with me, giving part of their concessioning to the state government, in about six to eight months, there will be power in all homes in Lagos State,” Fashola said.

He added, “So, let no one say that he has no money to deliver power for the entire country. This is the limit to which the law allows us to do, but we have done this to make a statement that power can be generated. So, when they come with lies that power is impossible, you can tell them that we have power here; we make it possible”.

The project, courtesy of the state government, in partnership with Heritage Bank, is to serve Lagos State Water Corporations in Lekki Phase 1, Oniru, Victoria Island and Ikoyi, as well as over 25km of public lightening in the Lekki axis.

Commissioning the project, Fashola said he felt fulfilled with the conduct of youths that delivered the project, despite the difficulties in getting to the finishing point.

He said it also showed that the money to improve the Nigerian economy is here, “since we don’t need the World Bank to come and do this for us.”

http://dailyindependentnig.com/2015/03/can-provide-stable-power-eight-months-fashola-boasts/
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by nairalanda1(m): 5:02pm On Jan 30, 2025
Tellmeastory:
The problem with your idea is that the government knows that even LESS numbers of people will have power if the firms are allowed to impose those higher prices. Power cuts will be gone, but Access To Power, currently at 70% of the population or thereabouts, will decrease significantly. Perhaps to 40% or less.

Your idea sounds sensible on paper, but it’s politically inexpedient.
Good, so enjoy your bad power.

It's what you paid for.

No profit, no money to buy things for expansion.
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by Tellmeastory: 5:03pm On Jan 30, 2025
ElSudani:
Everything is a scheme to loot funds. Don't think of what opportunities may come with stable electricity. The refineries will never work, Dangote refinery will work in 150 year's time, Lagos to Calabar highway will stop at Lekki Free Trade Zone and each time you get it wrong. Isn't it time you sit up?
People like him are cursed to be pessimistic.

They are irredeemable and irrelevant.
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by nairalanda1(m): 5:03pm On Jan 30, 2025
anonimi:
Yes, we know nothing but Fashola and APC know everything, which is why they promised and failed to deliver on electricity.
Many thanks for the reminder.
So also GEJ and company.

Think dear boy
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by Brendaniel: 5:03pm On Jan 30, 2025
nairalanda1:
What did Jonathan do in the years he was in office?

Yes, there was no light, like buhari and tinubu.

SO, essentially, tinubu and buhari were good leaders, like GEJ.



OR



You can accept that the problem with our power supply is something the three have in common...they did not let the power sector set its prices. Even tinubu's band A increase affects only 20% of the power supply.

When the power sector is not making enough of a profit, it cannot make the improvements needed to give us 24/7 lights.

What you guys need to do is stop blaming all your leaders, and blame yourselves. Your desire for cheap electricity is why we have no light. Even now large parts of the country don't pay for the power they use, and some pay N2000 a month, even if they use 200000 worth of light in that same month.

If you starve your child, would he perform to standard in school

GEJ privatised power, and made it difficult for them to set prices. Buhari and Tinubu conrtinue his policies.

Before you abuse me, THINK. THINK.
Then why did they remove him to also come and do nothing ? Are you saying they lied to Nigerians about being better than Jonathan?
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by anonimi: 5:06pm On Jan 30, 2025
nairalanda1:
So also GEJ and company.

Think dear boy
By APC's admission, Jonathan added more power in his four years than Buhari and T-Pain have done in 10 years.

msmon:
The All Progressives Congress (APC) yesterday unfolded its power agenda should it presidential candidate, Gen. Muhammadu Buhari, be elected.

The party plans to generate at least 20,000 megawatts (mw) of electricity in four years to surpass Nigeria’s consumption level of around 15, 000mw.

In a statement, the party’s Presidential Campaign Organisation (APCPCO) expressed dismay that the Federal Government under President Goodluck Jonathan had only added 1.400mw to the national grid in four years.

http://thenationonlineng.net/new/buhari-well-deliver-20000mw-four-years/
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by anonimi: 5:09pm On Jan 30, 2025
Brendaniel:
Then why did they remove him to also come and do nothing ? Are you saying they lied to Nigerians about being better than Jonathan?
They promised to do better, but have done worse in all areas of governance.
All areas bar none.

Emergingnation:
Flashback: How Bola Tinubu spoke highly of Buhari in 2015, named PDP ‘Poverty Development Party

National leader of the ruling All Progressives Congress, APC, Bola Tinubu had during the presidential campaign in 2015, referred to President Muhammadu Buhari as the only solution for the security and economic challenges facing Nigeria.

During a mega presidential rally, the former governor of Lagos State recalled how some powerful nations in the world returned to army generals when they were challenged, saying “Major General Buhari would revive Nigeria’s economy”.

He named the current opposition People’s Democratic Party, PDP as the “Poverty Development Party saying they had nothing to offer.

His words at the time were; “Every nation has a period of their own challenges, when America was challenged, they turned to one great man, their ex-military general, General Eisenhower. When the French were challenged, they turned to their general, Charles de Gaulle.

“When Britain was challenged, they turned to their general. Today, Nigeria is economically and physically challenged so we turn to General Muhammadu Buhari. He is the right man for the job. If you talk about military experience, he has it abundantly, he has courage, simplicity, he has it abundantly.

“If you talk about great determination, a combination of vision and ability to perform, honesty and integrity, he has it abundantly.

“I laugh when the incapable government, ‘Poverty Development Party’ PDP were talking. They have nothing again to say, they now want to question the qualifications of General Buhari and look for his certificate”.

Following the manifestos in 2015 which projected the APC presidential candidate as a ‘saviour’, Buhari defeated the then incumbent president, Goodluck Ebele Jonathan with Nigerians expecting a total change in security and economy.

https://dailypost.ng/2021/09/01/flashback-how-bola-tinubu-spoke-highly-of-buhari-in-2015-named-pdp-poverty-development-party/
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by nairalanda1(m): 5:09pm On Jan 30, 2025
anonimi:
By APC's admission, Jonathan added more power in his four years than Buhari and T-Pain have done in 10 years.
And we still have no light.

Plus celebrationg 5000 mw for a nation of. 200 million people is a disgrace.

Finally GEJ made it legal for government to force the power sector to operate at a loss.

Buhari and tinubu continued the good law.

See the results?

You better stop being like yarimo and helinues
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by anonimi: 5:11pm On Jan 30, 2025
nairalanda1:
And we still have no light.

Plus celebrationg 5000 mw for a nation of. 200 million people is a disgrace.

Finally GEJ made it legal for government to force the power sector to operate at a loss.

Buhari and tinubu continued the good law.

See the results?

You better stop being like yarimo and helinues
You better revisit your comparatives lesson of:

- Good, better best

- Bad, worse, worst
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by nairalanda1(m): 5:11pm On Jan 30, 2025
Brendaniel:
Then why did they remove him to also come and do nothing ? Are you saying they lied to Nigerians about being better than Jonathan?
You think I support either GEJ or bubu or tinubu or even Obasanjo.

Sorry. , but no.

All of them forced the power sector to operate at a loss.

Brilliant men eh?
Think
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by nairalanda1(m): 5:13pm On Jan 30, 2025
anonimi:
You better revisit your comparatives lesson of:

- Good, better best

- Bad, worse, worst
All I know is we have never had a good policy on power.

And pdp is as responsible as apc


Better wake up.

But you want to sleep,so sweet dreams.

Greet helinues and yarimo for me. I envy you guys. Defending bad government, whether it be apc or pdp.
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by nairalanda1(m): 5:23pm On Jan 30, 2025
Really funny to see the pdp and apc people dancing on this thread

Meanwhile they don't want to pay market price for power.

Upon all the money they get from party hq.

No wonder we don't have light.

Well, blind don't wanna see
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by nairalanda1(m): 5:24pm On Jan 30, 2025
Plus it is a disgrace that

Pdp managed to raise power to just 5000 mw.

Apc managed to just add less than 1000 mw.

A real disgrace.

Meanwhile they refuse to face the elephant in the room.
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by IBBG(m): 5:25pm On Jan 30, 2025
Another looting spree
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by DMerciful(m): 5:27pm On Jan 30, 2025
Let the cursed tribe go. You cannot force unity
Idun2024:
That’s a lot of money.

My question now is what would be the contribution of the cursed tribe now.

They are bringing nothing to the table and they are still going to benefit from this initiative’and na still go still dey badmouth this project.
Re: FG Unveils $23 Billion Plan To Fix Nigeria’s Power Crisis by DMerciful(m): 5:28pm On Jan 30, 2025
Where will the money come from?
Oblongata:
If BAT can achieve this ehn, it would boost the image of his government.
1 2 3 Reply

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