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Nairaland Forum / Nairaland / General / Politics / Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt (17583 Views)
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Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by idealogical: 3:31am On Jan 16, 2018 |
Power, Works and Housing Minister, Babatunde Fashola, in a letter to President Muhammadu Buhari, has disclosed the termination of the concession contracts for the management of Fiber Optic Network of the Transmission Company of Nigeria (TCN). https://naija247news.com/2018/01/15/nigeria-cancels-dangotes-power-concession-deal-over-millions-in-unpaid-debt/ 2 Likes |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by PapaBrowne(m): 3:58am On Jan 16, 2018 |
We are watching. Fashola and Buhari should do nothing whatsoever to scuttle Ambode’s and Dangote’s planned 12,000 MW plan for 24hr power supply to Lagos. We are watching. It always starts like this. 6 Likes 1 Share |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by dondo83(m): 4:11am On Jan 16, 2018 |
PapaBrowne:. Fiber-optic communication is a method of transmitting information from one place to another by sending pulses of light through an optical fiber. ... Optical fiber is used by many telecommunications companies to transmit telephone signals, Internet communication, and cable television signals. Why are you embarrassing yourself? 145 Likes 7 Shares |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by idealogical: 4:47am On Jan 16, 2018 |
PapaBrowne: They are talking about A and this man is talking about B. Fashola is looking at his own job and the impediments in his way which must be resolved. What is Dangote himself going to send the power thought? Not the same National grid Dangote and his partners are indirectly sabotaging? I don't even think there is any malice between the 2 men, this is strictly business. Who made it possible for Dangote to set up his refinery and the planned power plant in Lagos? Fashola. 28 Likes 4 Shares |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by potent5(m): 5:42am On Jan 16, 2018 |
Just observing. |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by Nobody: 5:48am On Jan 16, 2018 |
dondo83: ∆ Lol ∆ 5 Likes |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by Easy5265: 5:52am On Jan 16, 2018 |
PapaBrowne: Olodo 18 Likes 1 Share |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by Liberty90: 5:59am On Jan 16, 2018 |
Deceiving Nigerians as if he is doing something or has power. Behind the scenes, he called Dangote and promise to revise the contract with twice the amount, Dangote gave him the go ahead to cancel it. Dumb Nigerians! 8 Likes 4 Shares |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by omowolewa: 6:24am On Jan 16, 2018 |
Fibre OPTIC cable? Something isn't adding up. However, anything that would make electricity improve sha |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by nwoke37: 6:29am On Jan 16, 2018 |
PapaBrowne: Are u sure the 12000mw is for Lagos? If it is, that's amazing! Its quite funny that Dangote will produce more electricity than what Nigeria produces... 2 Likes |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by ogbeniolola: 6:38am On Jan 16, 2018 |
Please lecture him very well!...that boy doesn't know jack! dondo83: 6 Likes |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by three: 9:40am On Jan 16, 2018 |
How and why did he get the concessions in the first place 1 Like 1 Share
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Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by Edopesin: 9:41am On Jan 16, 2018 |
So The Richest Man Can Owe Debt Mama G Laughs In Spiritual Powers |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by SalamRushdie: 9:49am On Jan 16, 2018 |
The question to be asked is has Alheri been making any money off the concession at all |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by Nobody: 9:51am On Jan 16, 2018 |
Am just thinking in my mind.....will Buhari be able to understand all these big big grammar up there 1 Like |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by Nobody: 9:52am On Jan 16, 2018 |
PapaBrowne: 12,000MW plant costs an average of 12 billion dollars to build and another 12 Billion dollars as running costs. From start to finish, It will take 4 - 5 years to build. Stop dreaming, cuz ambode is preparing for re-election next year. Lagos never pay for their 2 billion dollars loan during Fashola era, Talk more of another 15 - 20 Billion dollars New loan. 6 Likes |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by dontbothermuch: 9:55am On Jan 16, 2018 |
I shall get to the root of this mischievous act and the perpetrators shall be brought to face the full wrath of the law. Please the general public should bear with me, while i uncover the mystery surrouding my account being hacked
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Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by TheAngry1: 9:58am On Jan 16, 2018 |
dondo83: Chai! Nigerians harsh o! 8 Likes |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by TheFreeOne: 10:10am On Jan 16, 2018 |
He informed the President that going ahead with the concession would affect the stability, optimization and continued expansion of the national grid, which, in turn, will affect communication in the country generally. Good move by Fashola. We don't want more wahala in that sector cos there's enough already. 2 Likes |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by Nobody: 10:21am On Jan 16, 2018 |
PapaBrowne: LOL sometimes it's not compulsory to always comment. 3 Likes |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by Richardabbey(m): 10:22am On Jan 16, 2018 |
Y Would Fashola Commission D Road By Himself Wat About Oda Politician |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by AuroraB(f): 10:23am On Jan 16, 2018 |
Drlilprinz: Kai! Btw, Frashola needs this to appear he's busy |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by OgahBohz: 10:25am On Jan 16, 2018 |
3 Likes |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by RichDad1(m): 10:36am On Jan 16, 2018 |
So BRF still Dey this country ? la wa o His own is still better compare to Fayemi that had to pay Fayose for small publicity Comman beat me. |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by ignis: 10:38am On Jan 16, 2018 |
Imagine... |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by Guk: 11:08am On Jan 16, 2018 |
Lets make this very simple for Nairalanders. (1) The Fibre Optic concession bn referred to is to allow Service Providers to run fibre cable along the routes where you have High Tension wire all over Nigeria just like Sub Urban was given right of way to run fibre cables along railway lines wherever they existed in Nigeria. Its simply a rental agreement. (2) Nigeria's map was divided into 2 vertically from top to bottom. Phase 3 took the more juicy side, the left side and the right side was offered on a platter of Gold to Dangote as he had no investment in telecoms then (3) Obasanjo gave it to Dangote & Cornelius Adebayo, former Gov of Kwara state and then Minister of Communictaion gave it to his son in law who set up Phase 3. (4) Been that Dangote knew nothing about Telecoms. he entered into agreement with Phase 3 to manage the right hand side of Nigeria on his behalf. (5) We do not know if both Phase 3 and Alheari had operationals challenges, but it was meant to be a MEGA money spinner for them. (6) Fashola, as Minister of Power is only asking for unpaid fees that should have been paid up by the 2 firms. Its as simple as that 13 Likes |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by Tecno66: 11:11am On Jan 16, 2018 |
idealogical:Them go soon sack you. When you dip hand inside crocodile mouth, ready for wetin go follow. I know say na your work you dey do o. |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by jaxxy(m): 11:13am On Jan 16, 2018 |
Strange times |
Re: Fashola Cancels Dangote’s Power Concession Deal Over Millions In Unpaid Debt by AZeD1(m): 11:51am On Jan 16, 2018 |
PrecisionFx:Ambode is not building a power plant, it's all private sector led. |
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