Yet the $1 billion USD power generation investment by Geometric was made in Aba and not Lagos. Can’t you see the joke is on you?!

LegendHero:


Nonsense statistics that Nigerians project. Which GDP per capital? Where Abia or Aba wan see the GDP per capital? Which statistical agency talk the nonsense?

If you have a $1bn investment to make, where will you situate it? Aba or Lagos?

Which of the two states has the most purchasing power?

Another page filled with rubbish and no substance. After writing the trash, you couldn’t even provide any tangible evidence except a senseless analogy.

Okay, since IPP has become obsolete, can you tell Nigerians what replaced it?

Ignorant and crassly insecure lots that are always triggered even with things that doesn’t concern them. Hausas saw the post and remained calm because they’re not insecure. Same with the middle belt, SS etc but the perennial insecure ones jumped in and started pouring spit everywhere.

Is there anywhere they mentioned your tribe, region or states? Are you the only ones in Nigeria?

Pathetic and primitive people.

TopBanter:


You're a coward. I am one of those who took you to task for your misinformation, driven by your inferior complex and insecurity, so stop pretending to be a victim.

You hailed something as Nigeria's "saving grace" and I simply tride to tell you to tone down your ignorant megalomania and backtrack.

IPP today is as much a saving grace as the phone shown below has anything to teach an iPhone 15 or a Samsung S23 currently.

I don't know why you people lack humility so much. You offend by deliberately peddling misinformation so you can praise the ' messianic' capability of the Igbo man yet when corrected you begin to play victim of envy and bad belle from others.

When the DAWN commision identified the joint electrification of the SW as a gamechanger as far back as 2013 and Tinubu, in 2000, had already delivered a pacesetting IPP project, does it make sense any Yoruba will envy you people obsessed with celebrating mediocrity?

Just learn to curb your ignorant megalomania abeg.

Instead of making noise and writing trash, can you show one single private independent power plant in your region as significant as Geometric? Not even no man’s land has any despite the billions it is getting from Nigeria.

Barth Nnaji built a huge private power plant worth almost a billion dollars to provide 24/7 electricity to Aba only for slum dwellers to be crying.

Pathetic losers!

TopBanter:


Precisely. IPPs are virtually as old as our current democracy which began in 1999. Nothing new or innovative about them regardless of the core technology involved. The purpose is same i.e provide power generated independently of the Nigerian grid.

Yet trust the insecure people, who would even describe their poop as beautiful, to be making noise over what is now a model that will be obsolete soon.

The FG, under Buhari, enacted the electricity and railway Acts of 2023 that gully decentralised the operation of power and rail in Nigeria.

With that development, small IPPs are nothing to deploy or celebrate today, for 'up to speed'and informed folks, because they were for an era when States, industrial zones, extensive government administrative area (like Alausa) and even upscale residential estates sought to escape the inefficiency of the central power generation, transmission and distribution solution previously domiciled under the FG.

These people are simply insecure and suffering from inferiority complex thus prone to over-hyping even the most mundane development they are affiliated with.

Below is what the SW is now targeting after the 2023 full rail and power deregulation law was ratified by the Buhari government.

Too many people, because they know Nigerians never read, use grey areas to decieve and deliberately misinform Nigeria for their own ulterior motives.

Why would sensible folks be manufacturing 7 litre V8 vehicle when all is now in place to allow them utilise the option of producing self-charging electric vehicles instead?

Discrete IPP models are obsolete. I expect to see even middle income States innovatively using different financing options to deliver what the SW is chasing below at State or regional level.

https://www.nairaland.com/7669913/southwest-states-launch-regional-electricity

Good news!!!

Abia State continues to win against all odds.

IGBOSON1:


A lot of Igbo are blissfully naive and ignorant about the capacity of these people to hate and work against Igbo economic as well as political interests! I have warned Ndigbo that we will never reach our full potential as a people sharing the same country with them....using our own human and natural resources to develop organically at our own pace and on a level playing field! They're now in control of Aso-Rock and, together with their northern allies, have not only been diverting a disproportionate amount of economic and political benefits to their region and people, but have also been working to undermine Igbo interests as well! GEJ giving Ndigbo a seat at the table they've sat at from the late 60s to date, and this is one of the reasons they despised him so much and were desperate to get rid of him!

The moment i saw the topic of the thread, i knew exactly the people that will have a problem with it and give it traction....arguing back-and-forth! You can never try to sell economic opportunities Aba has to offer to investors without these insecure people feeling threatened! Try to ignore them!

Honestly, the situation is as disgusting as it is pathetic. I never mentioned them, their states or region. But only explained facts about how Geometric could help local industries survive and thrive. Yet these same people took it personal and became so angry. Talk about seaport or international airport in the East, these same people will start crying again. Talk about politics, the same thing!

Something is really wrong with these people. You can’t have this amount of hate for others and be normal. This is beyond witchcraft and Igbos should really be wary of them.

AroOkigbo:
I feel for business owners.
Imagine running your business on diesel

Any smart manufacturer now should be planning on how to relocate their plant to Aba now. Anyone that allows their brand to go extinct when they have viable alternative in Aba will only have themselves to blame.

Putindbutt:

Caanaland and Redemption camp are not generating for profit and both are turbine-powered, go and verify. Geometric power is generating power for profit purpose, that's the difference. many industrial clusters are on IPP too, small boy.

Your ignorance is quite disturbing. You compare a few megawatts generated by churches using big generating sets to a huge power plant like Geometric?

Geometric is going to power an entire city complete with modern transmission lines and metering. Thousands of small scale businesses and artisans are going to work efficiently and optimally. Medium and big industries will focus on production without bothering about energy supply. Yet this ignorant boy is here comparing Geometric with mushroom ones built by churches to serve a few houses and their crusade grounds? What is the impact of those religious activities to the economy or GDP?

Dumbos with primitive mentality.

9japride:
[color=#006600][/color]

I don't really know what you guys gain from malicious lies? The kind of wickedness and evil in this country is just terrible.
When you can't compete with the Igbos, you start singing malicious songs of Igbos are not accommodating.
Abia state will be the next Asian giant and there is nothing anyone can do about it
Your tribe's big men are already thinking of investing in Abua state and you are here doing childish games.
I don't think you are from the western part of the country. Majority of the trolling monikers that usually add any particular tribal words in their monikers are always fake people.
Your aim is to create irrelevant and primitive arguments amongst fellow Nigerians.
Nigerians should be careful when joining issues with these kind of people.
Anyone that always looks for avenue to cause crises amongst the three big major tribes is not of Nigerian origin or just a paid nonentity.

Lol, don’t mind them, it’s always the usual suspects. Anything that indicates progress for the East or Igbo people always have them foaming in the mouth. It’s really pathetic how we pretend to be one country yet certain sections of the country would rather see Ghana or Togo develop than another section of their country.

Pathetic losers!

Putindbutt:

Canaan land Ota generates 15MW for itself, Redemption camp generates 10MW, no be say Aba is the first to do this na, why the noise?. With the new electricity bill, your community, my community can even generate their own electricity themselves, go and read the bill.

Lol, Canaan land generating 15mw or redemption camp generating 10mw for themselves can’t be compared with what Geometric is doing in Aba. Using big generators to power a neighborhood is different. How sustainable and cheap is that in the long run? How impactful is that to the GDP? Mind you, Ariaria already has similar dedicated power plant that has been running since but it would be stupid to compare its effect or significance to Geometric.

If you think raising close to $1 billion USD & the local expertise to go with it in building such project is easy, then what stops your states from replicating Geometric?

Gosh, you guys should stop being insecure. A post advertising Aba without mentioning them yet they’re all over the place showing their insecurity.

Spit!

LegendHero:


Lol imagine you a poor boy calling someone hungry.

Whats with you broke people and penchant for brokeshaming people and projecting your reality on them?

Firstly, you lack the ability to read and comprehend effectively. I said he is PROBABLY hungry (the use of probable means I didn’t categorically call him hungry). There is still a chance he could be among the very few Nigerians who aren’t hungry and dejected.

You’ve been literally living here in Nairaland perpetually. So, I can inferentially say you’re jobless, unemployed or underemployed. In other words, you’re definitely poor and hungry.

If I’m poor and broke as you claim, I won’t afford to be globetrotting at the moment. Paying for flights & hotel is not something broke people can afford. FYI, I’m not sharing in your misery and Tinubu maladministration😂.

Putindbutt:
This one is smoking Aba weed, electricity has been decentralised, each state will soon begin to generate its own power, what's the big deal in Aba with that small 188MW?. Even now, some industrial clusters have IPP that provides them with electricity.

Ignorance is a disease. 188MW is small for a single city Yet Nigeria with so many cities, hundreds of towns & thousands of villages is still struggling with 3000MW? When you remove the MW given to airports & some others to Niger & Benin, how many is left to share among 200 million people??

Yet you think a single city having 188mw to itself alone is not significant enough?


Haters and bigots will never have peace.

LegendHero:
Na only for Nairaland we dey hear 24/7 power in Abia.

All people living in Abia are saying there is no 24/7 light in Abia anywhere. Infact them dey para for Twitter say they are deceived.

But seems some people said Geometric never power everything say them dey await gas or something.

It seems people on line 33kva are the one with 24/7 and I know other states also enjoy constant light for people on that line.

Lol, were you expecting every home in Aba to start enjoying 24 hours power supply at once? You don’t think Geometric will happen to complete the logistics of metering and all that to ensure efficient and effective billing?

The fact that Geometric already stated they have excess capacity and is looking to sell some of their generated electricity to the national grid or expand beyond 7/9 LGA’s should tell you that everyone enjoying 24/7 electricity is only a matter of time.

9japride:
[color=#006600][/color]

That person you quoted is either a primitive child or a paid agent used to ensure youths never unite in Nigeria.
A sensible person will start thinking of investment in Abia state.

It’s really sad how hate and bigotry has eaten so deep into them. That dude is probably hungry and hopeless but will rather expend his energy to hate on others.

They forget that the basic reason naira continues to crash against the dollar is because Nigeria is producing next to nothing. How can Vietnam that has land borders with China be producing almost everything they need locally yet Nigeria that is thousands of miles and oceans away keep complaining of cheap Chinese imports?

Now that Aba has come to help Nigeria overcome this existential problem, some primitive bigots are still hating??!!!!

stonemasonn:
Is land available(in acres)?

Yes, land is very much available for any size of factory/manufacturing. There vast lands in existing industrial estates like Osisioma, Alaoji or Eziama etc. You can also get lands of any size in the outskirts of the city.

Ola9ja23:
😂🤣🤣🤣🤣🤣🤣🤣

Why not go and drag the investors from Ogun state 🤣🤣😂😂


You think investment is just about electricity?

The Nzogbu Nzogbu people of dot in a circle republic is not accommodating

Sorry, everything is not about tribalism. Dunlop and Michelin left Nigeria for Ghana because they had 24/7 power supply. Same with other brands. But thank God for Geometric, such won’t happen again. Instead, they will move to Aba and Nigeria wins while tribal bigots sulk.

Instead of investors anywhere in Nigeria to go bankrupt or watch their brand go extinct, they will smartly move their production to Aba and maintain their warehouse or office anywhere they like. They need Aba more than Aba needs them!!!

Just like the rejected stone that eventually became the pillar, Aba is now on the threshold to becoming Nigeria’s saving grace!

The situation in Nigeria is now almost hopeless except for the sliver of hope glimmering from Aba. Firstly, let’s look at the current situation of things & why no manufacturer will survive in the long run except they move their production base to Aba now:

1. Power generation has remained abysmal and in some cases worsening yet energy bills keep skyrocketing! Nigeria’s power generation still hovers around 4000 megawatts for a population of over 200 million. That’s most likely the lowest in the world per capita. No serious manufacturer can rely on PHCN, so they’re left to produce their own power & make use of PHCN as backup.

2. For a manufacturer to produce their own electricity, they would rely on diesel. A liter of diesel is currently 1700! Now multiply that to the number of liters their generating sets consume daily, weekly or monthly & tell me if any manufacturer can still run optimally and profitably?

3. Unfortunately, there are no official & clear-cut plans by the government to change this deplorable situation. So, it’s either MNC’s & local investors move their plant to Aba or go bankrupt/extinct eventually.

I went to Vietnam, a country that has border with China yet I was shocked to discover that almost everything consumed in Vietnam is produced in the country. So, I asked myself, how the hell was Vietnam able to overcome so-called cheaper Chinese goods? If Vietnam that has land borders with China could keep so-called cheap Chinese goods off their shelves, then why not Nigeria that is thousands of kilometers away?

With cheap & reliable electricity from Geometric, industries/plants in Aba can easily produce cheap goods & eventually ensure that Nigerian produced goods effectively replace those from China. If Vietnam can do it, then we can do it even more!

Aba has large markets & chains of distributors. It is connected by rail. Is near to cargo international airports in Owerri & P.H. As well as Onne seaport. Goods produced in Aba are daily supplied to markets all over Nigeria and to other countries like Cameroun, Gabon, Chad, Ghana, Equatorial Guinea etc.

Aba has become Nigeria’s best kept secret & saving grace. Any investor who fails to take advantage now should only blame themselves.

Emman08:
There's always at least 12 hours blackout in Abuja daily. What is this nonsense announcement for?

Lol, when propaganda and foolishness is what they are interested in, this sort of ridiculous announcement becomes the outcome. Imagine when same people often stay extended hours to days without light only for the phcn to suddenly wake up and announce 7 hours blackout?! As if this isn’t the tradition already

What a shame!!!

Putinofrussia:

Hunger is what drives people to flee from their region to come and sell gala in the traffic in the richest region in the country.

Secondly,SW has always been the region that attacks the govt anytime things are going awry because they are the voice of Nigerians.
They say it as it is not minding if the president is from their region or not.
Moreover,the SE is a massive IDP camp.

Lol, again you’ve exposed your ignorance. SW is not synonymous to Lagos. The average gala seller in Lagos traffic most likely makes more money than a lot of white collar or blue collar workers, not to talk of those that would rather stay idle and be crying ebin pa wa o. The average Igboman knows how to build wealth from the scratch. They believe in marginal profit while using volume sales to breakthrough. Many of those that sold gala sometimes in the past have become wholesalers or even importers today!

Take a look at the average south west city, town or village then make a comparison with SE or SS cities, towns or villages. The evidence of wealth distribution across board relative to SW will be very clear.

Meanwhile, there are far more IDP camps in the SW than SE.

Everyone knows that Nigeria’s official data is often manipulated for political reasons. That’s why the numbers they churn out often fly in the face of reality. However, the current hunger crises has exposed the true wealth, GDP per capita or purchasing power of different regions in Nigeria. I will explain:

During times of economic crisis, those at the lowest level on food chain or income generation, are always hit first. They will suffer terribly because they have very few means or opportunities to help themselves. This is unlike those who are relatively well off. They have more assets and physical cash to sustain themselves and push back on their doomsday. In fact, before they eventually start feeling serious pangs of hunger, then be rest assured that those who were much poorer are dying or dead already.

The news coming out from North and South west over the past few weeks has become quite disturbing. People crying of severe hunger or others falling on the streets have become quite common. However, it’s interesting to note that South East and South South tend to be immune from all these. It’s not pretense because one can’t pretend about hunger. Rather it shows that these two regions are the most comfortable and has the highest standards of living in Nigeria.

Everyone knows the rogue snatched power and ran away with it. Now nemesis has caught up with him, the old fool is now blaming everyone else but himself.

Lol, imagine how they’re threatening a so-called president’s wife.

The perennial cowards will rather hide than confront this terrorist.

Spit.

Is there any business in Nigeria today that isn’t incurring loses?

Tinubu don dagbaru the country kpata kpata.

I don’t see the mandate thief surviving on that seat for four years. The pace everything is collapsing and millions going hungry is getting out of hand. Unfortunately for him, he doesn’t even know what to do again.

What happened in Sri Lanka will ultimately happen here. Even Igbos they would have used to do tribalism and deflect from the situation are doing relatively better and are rather watching with bemused indifference 😂😂

Emarvel:

No problem.
Yeah, I’m currently in HCMC

Did you pay for a return ticket or just one way flight ticket when you entered the country?

Andychinedu:
I am in Hanoi for a week now…!

No regrets…!


More update later…!

I’m enroute to one of the Provinces with my new made Philipino Teacher to celebrate the Tet Holiday🙌🏽🙌🏽🙌🏽


Talk to you guys in two weeks time

Nice one. Was your flight a one way ticket or you paid for a return ticket before arriving in Vietnam?

The same subsidy the bastards and criminals claimed to have stopped paying?

Cursed country!!!

Meanwhile, it’s good that Tinubu stole a mandate that never belonged to him and ended up destroying this country while ronu bigots supported him.

He still has over 7 years to complete the Armageddon he unleashed on 200 million miserable souls😂😂😂

These ones no do pass Tinubu.

We all warned them but tribalism didn't allow them to reason like normal humans. Today, they're perishing for lack of knowledge 😂

Things would never have become this terrible if the old rogue didn’t steal Peter Obi’s mandate. At least, Peter Obi has conscience and understood how economy functions.

If things continue deteriorating at this pace, Cameroun and Benin republic will soon close their borders due to millions of Nigerians that will start besieging them as hungry economic refugees.

This country as we used to know it is completely gone!

Lol, at the rate everything is collapsing in this country, would that useless olodo remain on that seat for 4 years? Look at all he destroyed in just few months, then extrapolate to 4 years to imagine what it will be like.

Nigeria definitely won’t survive it.

Ofodirinwa:


Why retaliate? If someone produces something it is their choice as to whether they should sell it or not. What do you know about free market capitalist? lol

You sound dumb but I will indulge you. In a free market or capitalist economy, market forces determine prices. That is demand against supply. When you try to remove wholesale of goods, that’s an infringement and disruption of free flow of goods and services. The governor stated that wholesale trade is banned & whoever goes against his authority will have their goods seized and distributed to the people. Is this the choice of the producers/marketers or an imposition by state government? If every state governor should start imposing such laws on goods they have comparative advantage, what sort of country would that be?

In an economy where external supply of these same foodstuffs are banned, trying to place embargo on wholesale supplies locally will lead to severe crises for those at the receiving end.

People indeed perish for lack of knowledge.