₦airaland Forum

zuchyblink:
Do you know that Coal supplies 46 per cent electricity in the
United States and over 60 per cent
electricity in China – it is callous to abandon
such golden treasury.
A country which has such treasury coupled with oil and gas is still battling with a meager 5000MW.
What do you think is wrong with Nigeria?

igbodefender:
The sad thing is that these coal deposits can solve Nigeria's electricity problem, since there is too much competition for gas on which Nigeria is overdependent on for electricity.

Blue3k:
Bombing coal power plants is much harder than pipeline. Nigeria a sad country. Options galore but can't figure out how to exploit then due to hatred of free market.

omohayek:
The difference between America and Nigeria is that in the United States, the land under which the coal sits would be in private hands, and the decision to exploit it would be purely a commercial matter, with the only concern of the government being that taxes are properly paid. In Nigeria, on the other hand, the government lays claim to all mineral resources discovered, even those under "private" land, so there is no incentive for legitimate private companies to get involved, even though the government is too busy fighting over oil rents to bother with anything else.

As long as Nigeria has stupid laws like the Land Use Act that undermine the security of private property rights, or the laws that give the federal government ownership over any resource discoveries made in the country, resources like the Enugu coal fields will never be properly exploited. Nobody is going to pour hundreds of millions of dollars into mining coal, just so some thieves in Abuja can come and claim the rewards of all the hard work.

Ovamboland:
How come Larfarge, Dangote, Ibeto are mi mining limestone and converting it to cement and thereby making billions in profit? Find another excuse, not that I support the land use law. But what's the benefits of transferring ownership to another set of thieves at the state level?

Ovamboland:
How come Larfarge, Dangote, Ibeto are mi mining limestone and converting it to cement and thereby making billions in profit? Find another excuse, not that I support the land use law. But what's the benefits of transferring ownership to another set of thieves at the state level?

kettykin:
As usual igbos waiting for a federal government that rather see them dead to come and rescue ailing industry.
South East good morning

zuchyblink:
Do you know that Coal supplies 46 per cent electricity in the
United States and over 60 per cent
electricity in China – it is callous to abandon
such golden treasury.
A country which has such treasury coupled with oil and gas is still battling with a meager 5000MW.
What do you think is wrong with Nigeria?

Nigeria is a Satan republic.

They would rather stay in darkness and poverty than use coal to boost electricity generation if the coal in question is in Igboland.

The same people are celebrating coal discovery in Sokoto as if it is a discovery in a new country! What informed their abandonment of the coal already in Enugu which is reputed to be about the cleanest coal in the world and rejoicing for the one to be discovered in Sokoto?

One indivisible Nigerea indeed

omohayek:
The difference between America and Nigeria is that in the United States, the land under which the coal sits would be in private hands, and the decision to exploit it would be purely a commercial matter, with the only concern of the government being that taxes are properly paid. In Nigeria, on the other hand, the government lays claim to all mineral resources discovered, even those under "private" land, so there is no incentive for legitimate private companies to get involved, even though the government is too busy fighting over oil rents to bother with anything else.

As long as Nigeria has stupid laws like the Land Use Act that undermine the security of private property rights, or the laws that give the federal government ownership over any resource discoveries made in the country, resources like the Enugu coal fields will never be properly exploited. Nobody is going to pour hundreds of millions of dollars into mining coal, just so some thieves in Abuja can come and claim the rewards of all the hard work.

cjrane:
Nigeria is a Satan republic.

They would rather stay in darkness and poverty than use coal to boost electricity generation if the coal in question is in Igboland.

The same people are celebrating coal discovery in Sokoto as if it is a discovery in a new country! What informed their abandonment of the coal already in Enugu which is reputed to be about the cleanest coal in the world and rejoicing for the one to be discovered in Sokoto?

One indivisible Nigerea indeed

igbodefender:
Everyone is suffering because of this. Many have died due to epileptic power supply to our hospitals. Ask bloggers who can't get as much page views for their ads.

If what you are saying is true then its a real shame because government's duty is to solve problems of the people.

kettykin:
My brother it is time we forget the federal government ever existed and started to solve our problems our selves. The more we depended on them the more they want to shove it to our face that they can frustrate Us.

cjrane:
Nigeria is a Satan republic.

They would rather stay in darkness and poverty than use coal to boost electricity generation if the coal in question is in Igboland.

The same people are celebrating coal discovery in Sokoto as if it is a discovery in a new country! What informed their abandonment of the coal already in Enugu which is reputed to be about the cleanest coal in the world and rejoicing for the one to be discovered in Sokoto?

One indivisible Nigerea indeed