Lagos State Plans 114MW Power Plant: Fashola Does It Again - Business (3) - Nairaland
Nairaland Forum › Nairaland General › Business › Lagos State Plans 114MW Power Plant: Fashola Does It Again (7454 Views)
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by member479760: 9:09pm On May 27, 2011 |
what about Agege, Iyanopaja and others? or electricity na only for rich people? Fashola use you head now before it's too late. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by jmaine: 9:30pm On May 27, 2011 |
nedu666:haba !! reduce the pessimism . . The intentions are good and i wish it works out real good to the benefit of the state . . the same way Akwa Ibom State has it's own private power plant. By the time they go live on stream fully, it will alleviate the erratic power supply of the populace . . . nakedall: Oga, It's bits by bits, i think we should give him the benefit of the doubt |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by EkoIle1: 9:49pm On May 27, 2011 |
nedu666:Fashola is doing no such thing, he's not touching the national grid, he's laying his own underground cable to service the targeted areas. It's there in the article and you can not guarantee uninterrupted power supply to any area in Nigeria with the national grid, so obviously, they are not talking about anything that has to do with the federal government. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by EkoIle1: 9:54pm On May 27, 2011 |
nakedall:The places to be served are all 2 public hospitals, the state house and 20 streets in Lagos Island. Public hospitals are for the general public/Poor people and the streets involved are in poor areas. This act is basically for poor Lagosians. Obviously, you don't know too much about Lagos state or the streets mentioned or you just didn't properly read and understand the article. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by EkoIle1: 10:00pm On May 27, 2011 |
jmaine:You are wrong. Osun state didn't vote for GEJ and GEJ net a measly 300, 000 votes in the SW minus Lagos where he took 2 million votes out of 6 million registered voters meaning the 4 million majority registered voters didn't vote for GEJ. There are 15 million registered voters in the SW and only 2.7 million voted for GEJ, almost 13 million stayed at home meaning the majority didn't go to the polls talk less voting for GEJ. Try familiarize yourself with the election results in the SW. GEJ sabi who voted and didn't vote for him. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by ladej(m): 10:04pm On May 27, 2011 |
Eko Ile:please educate them further dayokanu:make dem vex na, d same way gsm annihilated NITEL na the same way constant power go annihilate generating sets, in Jesus name, AMEN. VALIDATOR:one of the ways you know a great leader is succession planning. as bad as tinubu was/is, he saw talent in fashion , and in the untypically naija way he actually promoted this talent to the highest office in the state [leaving his ego, sentiments, comments out of it]. he saw a better man and didnt shirk. for me that is to be commended. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by ladej(m): 10:06pm On May 27, 2011 |
ladej:i meant fashola. sorry for the error. ![]() |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by Bawss1(m): 10:24pm On May 27, 2011 |
^ I come dey wonder sef how Fashion come enter the tory. ![]() |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by ladej(m): 10:28pm On May 27, 2011 |
ladej:na d new shoe i buy dey shack me ;Dbros |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by jmaine: 12:16am On May 28, 2011 |
Eko Ile:The voters apathy in the South west Region towards the poll was marginally the same for both the presidential and Governorship poll . Now let us go statistically to prove my theory. To avoid inducing any error and removing all bias, i decided to select :- ( A ) The states where both the presidential and the gubernatorial elections were held. (B) The significant parties (in terms of good results showing) who fielded candidates to fill the various positions ( Accord Party with a good showing in Ondo was excluded cos it did not present a presidential candidate) 2011 Lagos State Governorship Election Result in Nigeria ACN : 1,509113. PDP : 300,450 CPC : 8,055 = 1,817,618 2011 Lagos Presidential Election Result in Nigeria PDP 1,281,688 ACN 427,000 CPC 189,983 = 1,898,671 2011 OYO State Governorship Election Result in Nigeria ACN : 420,822. PDP : 387,132. CPC : 15,797 = 823,751 2011 OYO State Presidential Election Result in Nigeria PDP 484,758 ACN 252,240 CPC 92,396 = 829,394 2011 OGUN State Governorship Election Result in Nigeria ACN 377,487 PDP 188,698 CPC 1,906 = 568,091 2011 OGUN State Presidential Election Result in Nigeria PDP 309,177 ACN 199,555 CPC 17,654 = 526,386 Source ========> http://www.inecnigeria.org/results/presidential/states.php [size=16pt]Now Mr Babapupa, sorry Eko Ile . .make your judgement [/size][size=16pt]VERDICT : - The south West also Plessed their Hand for GEJ [/size] |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by ektbear: 1:08am On May 28, 2011 |
nedu666:He isn't using the national (transmission) grid. That is the whole point. He is building a private distribution grid. . . I guess he wants to eventually take the island off the national grid. Regarding OBJ and Tinubu, hopefully the FG won't sabotage this again. They aren't interfering in the 10MW at least nakedall:Why do people post dumb questions like this? Should he start where it is most feasible before trying other places? Seriously, do a bit of thinking before you post. If it is successful on the island and the PHCN privatization flounders, then it can be extended to other places. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by manny4life(m): 2:15am On May 28, 2011 |
nedu666:My guess would be if Fashola is building his own power away from National Grid and Lagos accounts for 55% of PHCN revenue; the entire Nigeria still needs electricity. FG should not be worried about Fashola if that's his intentions and let him do what's best for his states; let them route the electricity where it's needed as well. If other states were contributing 100MW each out of 35 states, that's 3,500MW of electricity off national grid. The FG will be there just to support state grid; I'm no electrical engineer but I'll safely assume that FG grid be routed to state power stations to substitute for local residents rather than FG distributing individually to Lagos residents. BTW good job to Mr. Fashola. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by ektbear: 2:23am On May 28, 2011 |
^-- I suspect that if 20K MW were available today, it still wouldn't be enough. According to some of these articles I've read, Lagos alone can use 10K MW today. Imagine how much more the rest of the country would use if it were available? This is why the FGs sabotage of Tinubu's efforts were so harmful, imo. It hurt Lagos, but also hurt the rest of Nigeria even more. Self-sufficient Lagos means more electricity available to send to the rest of the country |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by manny4life(m): 2:49am On May 28, 2011 |
ekt_bear:Given the population of Nigeria @ more than 150million people and Lagos has more than 15 million residents, that's 10% of the total population. IMO, 10K MW is not even enough for a state like Lagos given the fact that the average user will consume less energy daily to avoid bigger charges; however given the economic input (commercial) , 10k is nothing because large manufacturing companies consume electricity, their huge equipments are electricity guzzlers and will waste no time to take more. Hypothetically if everything remained equal; 15million or more residents with an average household of 5 will give us about 3million household residents. Assuming a household of that same 5 consumes about 4kw daily (4,000 watts, which is highly unlikely), 10k can only cover 2.5million household, we still short less 0.5million household, that's a bummer. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by ektbear: 2:54am On May 28, 2011 |
^-- You are probably correct. Even this 10K MW for Lagos might be too small. We really have a long way to go in this country. Hopefully GEJ privatizes PHCN asap |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by manny4life(m): 3:04am On May 28, 2011 |
ekt_bear:There are several issues that are plagued with the power sector and IMO, not even privatization will solve it although it can remove few but not that much. An aggressive reform and overhaul is needed. For instance, giving power to the states to generate their own electricity although the FG system can be tied into state system i.e. if they wish. Privatization would create a unique set of problems and make make electricity charges go further high knowing that Nigerian companies are greedy yet they deliver on half baked products. For instance I pay between $24 (lowest) and $42 (highest ) monthly and it's not subsidized, I strongly doubt if that will be the case if companies are left to charge without restrictions. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by ektbear: 4:51am On May 28, 2011 |
manny4life:Hrm. If they privatized alone, that wouldn't help. Just because right now the business isn't profitable, since there is this FG regulation (called the MYTO) that regulates the price at which electricity can be sold. And currently the price the distribution companies are mandated to charge is even less than the cost of electricity (so a subsidy.) Iirc they are charging something like N6-8 per kWH for something that probably costs N10 to generate. Privatization is very important, but removing this electricity subsidy by revising MYTO upwards is really the more important thing (at least, imo.) You need to create a profit incentive for people to want to sink money into the power sector. I think their current plan is to just revise MYTO upwards for now so that the distribution companies can make a profit. Then later on down the line (I guess in 10 years or so), eventually the price of electricity will be completely deregulated, I guess (I don't completely understand how this would work, or works in the western world, btw.) I guess while MYTO exists, the Nigerian consumer cannot really be gouged too much for electricity. But I'd much rather be gouged by a greedy electricity company than run an expensive generator, personally. What is the worst case for gouging, paying 15 cents per kWh? Or 18? Still beats a gen. Digression: To be quite honest, if they (A) removed this subsidy and allows the discos to charge market prices (B) appointed competent management then they could really keep PHCN government owned (though I'd prefer state-owned to federal.) Like I said before, I think that the subsidy is the bigger issue rather than public versus private ownership. For example, would anyone be opposed to Lagos State owning the Eko and Ikeja discos that serve Lagos State? No one would care too much if it were owned by Lagos State versus a private company. . . in both cases it'd be well run and electricity would be abundant. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by Nobody: 1:53pm On May 28, 2011 |
I don't understand what the upwards review of the prices have got to do with privatization. The investors into the telecommunications sector didn't have to be wooed by how profitable NITEL was. The need was there, and that IMHO is what is most important. For crying out loud, if the amount every Nigerian pays to fuel generator sets is not enough indication of how profitable it can be for investors, I don't know what else will convince them. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by manny4life(m): 4:14pm On May 28, 2011 |
^^^^ Well I don't know how the average person uses to fuel generator well forgive me. @ekt-bear IMO I am not disputing privatization, in fact I'm all for privatizing the industry but keep in mind that without a better reform such as delegating the power to regulate power to states will cause a lot of confusion. Even with privatization, it will cost tens of billions of dollars of private money just to bring certain states like Lagos up to per. Also, states do not have power to regulate commerce which might prompt certain states to roll solo like Lagos is doing regardless of private or not. Just because Lagos needs 20k MW to be power stable does not mean that a state with 30% population of Lagos need 20k MW. Now if you have states making that decision, states have the prerogative to determine if they want the power sector in their states privatized or not. States can determines how they wish to centralize their service, et al. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by ektbear: 4:21pm On May 28, 2011 |
dollypi:Read this post: https://www.nairaland.com/nigeria/topic-663363.64.html#msg8290913 Hopefully now clear why tariff must be increased. manny4life:I'd prefer for regulation to be on a per state basis too. There is no real reason for the price of electricity to be fixed from above by the FG. You'd expect that in some states it should be cheaper than others. But I guess for now we'll have to take what we can get. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by marcus1234: 5:19pm On May 28, 2011 |
greeat -_-[img]http://2.s07.flagcounter.com/count/DymW/bg=ffffff/txt=ffffff/border=ffffff/columns=1/maxflags=1/viewers=3/labels=0/[/img] [img]http://s07.flagcounter.com/count/DymW/bg=ffffff/txt=ffffff/border=ffffff/columns=1/maxflags=1/viewers=3/labels=0/[/img] [img]http://2.s05.flagcounter.com/count/1Jx/bg=FFFFFF/txt=FFFFFF/border=FFFFFF/columns=1/maxflags=1/viewers=3/labels=0/pageviews=0/flags=0/[/img] [img]http://s05.flagcounter.com/count/1Jx/bg=FFFFFF/txt=FFFFFF/border=FFFFFF/columns=1/maxflags=1/viewers=3/labels=0/pageviews=0/flags=0/[/img] |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by ektbear: 5:26pm On May 28, 2011 |
^- How exactly do you make money from these pictures you keep posting? I've noticed that you'll just post those flags in any threads that make the front page. But I've not yet figured out why you do it (I'm guessing money) |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by kodewrita(m): 6:40pm On May 28, 2011 |
For all those complaining about the choice of location, Adding more power through a power grid means that the unused power can now be distributed to OTHER AREAS OF LAGOS. Thats 114MW extra that can be given to Iyana Ipaja and the others. more for Lagos island does not leave out other areas. Its a Win Win. Now, if only NEPA/PHCN would stop hiding away all those prepaid meters. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by Sensicut(m): 12:01am On May 29, 2011 |
This is fashola not theif PDP i pray he succeed |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by PeterKbaba: 8:40am On May 29, 2011 |
fashola! simply the best thing that as happened to lagos state and when he becomes president, he would lead us to the promise land. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by Reference(m): 2:23pm On May 29, 2011 |
kodewrita:I don't even think that's the logic. Anyone familiar with large scale high value/risk investments such as this will know that you offer services (which will initially be expensive) starting with those who can afford the high initial costs. They will then inadvertently subsidize the product for the less well off down the line. Just like the GSM thing. Roll out started in the principal cities of Nigeria where commercial activities are high. Any attempt to start in villages will only lead to economic disaster. We must all realize that capitalism is the only realistic hope in Nigeria for economic liberty and real anti-corruption which with time will lift the bottom line. I also feel starting in VI may be a strategic decision in persuading the elites that such independence can work. Who else will 'have the mouth' to challenge Abuja and central control of power in Nigeria. Smart move by Fashola. I only hope it will be properly privatized at the end of the day when all dues have been paid. Negris Hmm.What he should do after completing the plant will be to raise the pollution rates and slap heavy emission penalties on companies on the island. Believe me they will hook on. I tell you solving the problem of infrastructure in Nigeria is not that difficult, it only takes the kind of honest commitment the BRF government has shown. |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by Faun(m): 11:50am On Jul 13, 2014 |
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| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by anonimi: 6:31pm On Oct 11, 2014 |
emekagh:Abi oh, three and a half years later, has anyone seen the promised power plant by the progreTHIEF Fashola ![]() Bunch of 419 rulers PeterKbaba:That must be a promised land of darkness bought with billions of tax payers' money just like Obasanjo who is now the "navigator" of their national ship did with us at the federal level for over eight years ![]() |
| Re: Lagos State Plans 114MW Power Plant: Fashola Does It Again by ImpactWorld(m): 12:32pm On Oct 12, 2014 |
I am interested in knowing what happened to this project after all the praise-singing. |
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for GEJ
Hmm.