₦airaland Forum

Can we See the people complaining are Yorubas?
Tomorrow if a Nigerian in South Africa is killed, one wicked Yoruba man in his mud house in Ibadan will conclude that the person is Igbo.

Obiagelli:
See mind

I dey tell you!
Hunger is powerful lol.

https://www.youtube.com/watch?v=LA6KlOJAdq4

Talk about reaping where you did not sow.

https://www.youtube.com/watch?v=YVqQMwSSWyg

Yolubas!

ddippset:
amaechi weathered the storm against the following adversaries : Goodluck Jonathan, patience Jonathan, the army, the police, the inec commissioner, nyesom wike, Joseph mbu, Niger delta militants. Let's wait and see what wike will do. It's not by shouting everywhere like a tout because you have the federal government behind you, he won't last a heartbeat.

Wike has the support of Rivers people and that is what matters most.
Nobody can intimidate him

ej77:
mr liar wike was not mobed. i watch d vedio.

Mob is a large and disorderly crowd, not necessarily violent.
He was positively mobbed

LasgidyPort:
GEJ did a great disservice to this nation by sacking this man.

You guys seem to be ignoring the reason why he was asked to resign. He had and still has private interests in the power sector, so for the interest of fairness and transparency, it didn't seem right for him to oversee the privatisation process.

Amaechi's slayer.

jascon1:
What jobs is she referring? Mere looking at the ppl in the crowd what jobs can they settle for other than menial labor? Shallow murderers. OK y not increase tax paid by foreigners n t tax money used as grants for hobos?

Exactly those menial labour jobs is what she is complaining about.
Foreigners have taken over those.

Their government should stop granting foreigners visa.
Simple

gwales:
Igbos ibeto cannot even compete with BUA talkless of lafarge and dangote. in fact I have never seen ibeto cement my whole life.

ibeto dominates the market in a city like port harcourt.

If there was indeed an agreement, why not get the courts to enforce it?

Ib0t0t0deysmell:
Dangote's 'little' input in the IGR of his home state, Kano helped in the construction of the OBJ Bridge, the longest flyover Bridge in west africa that was commissioned by Governor Rabiu Musa Kwankwaso few weeks ago.

When will all your blood money Heebo business men help you Igbos build the 2nd Niger Bridge?

What IGR? Almost all South east states have a higher IGR than Kano

Scatterboss:
Lets blame the Yorubas again.

Are you an attention seeker or what?

The 141megawatt integrated Aba Power Project is a child of necessity. The desire of Aba
industrialists, including the small and medium
scale industries, and our desire to contribute our quota to increasing power supply in the nation converged 10 years ago. We realized that the best way to ensure that this city will quickly have reliable and affordable electricity was to build this off-grid project that serves the Aba metropolis. The then World Bank President, Mr Jim Wolfensohn, and the then Finance Minister who is the current Finance Minister and Coordinating Minister for the Economy, Dr. (Mrs.) Ngozi Okonjo- Iweala, came and met the Aba Industrialists, including the Aba Ariaria Manufacturers (SMEs). At the meeting, the Ariaria manufacturers were asked
to identify their number one problem which if
addressed would significantly improve their
production; they unanimously said that it was
reliable electricity. This convergence of desire for reliable electricity was what led us to this historic Aba Integrated Power Project. At that time, our development partners from the IFC of the World Bank, the European Investment Bank (EIB) and the Emerging Africa Infrastructure Fund (now known as FMFM) and myself wanted to find a business model for power development in Nigeria that is sustainable, can stand on its own, and can be easily replicated by various investors in other major cities in Nigeria. We recognized that the nation would not be able to afford sovereign guarantee for all of its power needs, we therefore developed a model of customized embedded generation that would not require sovereign guarantee. Consequently, we set about developing this integrated power project to satisfy the electricity needs of Aba metropolis at a time when the Power Sector Reform Act of 2005 was not yet enacted. The Federal Government in 2005 concessioned Aba metropolis to us; this was the only security of the investment in the project instead of the normal sovereign guarantee. We have met the terms of our concession agreement with the Federal Government by building this 141MW Power Plant with state of the art equipment from General Electric (GE) and rehabilitating the entire distribution network in Aba. In addition to the power plant, we have built over 105 kms of 33kV overhead lines within the Aba metropolis. The steel tubular poles used to build the 33kV line infrastructure are unlike any other in
Nigeria. We have also built over 40km of new 11kV lines in Aba. We have completed 5 new substations consisting of the power plant’s 3x60MVAs substation; four (4) brand new 2x15MVA substations in various parts of Aba town. In addition, we have refurbished the only three existing PHCN substations which were dilapidated, by building three brand new control buildings with outdoor substation gantries within the premises of the existing PHCN substations. To ensure the reliability of gas supply, we built a 27km gas pipeline from Imo River to the power plant and built the gas infrastructure to support the supply of reliable gas to the facility. To date, we
have invested over $500million or in today’s money over N100 billion in this project. This project is virtually completed. The power plant, various substations and 33kV lines have been energised and fuel is available for this project. The remaining interconnection work on the distribution network within the premises of the existing PHCN substations and the 11kv lines should take less than two months. This was the remaining work that was being done by our contractors before the entire Enugu Electricity Distribution Company was handed over to another
party by the Bureau of Public Enterprises (BPE) without excising Aba from the sale. This action was in spite of our valid concession agreement and assurances by President Goodluck Jonathan that the agreement is sacrosanct. Operators of EEDC stopped our work and chased away contractors from the substations, thereby preventing Aba people from having uninterrupted and quality electricity. The BPE, in effect, double-sold Aba metropolis (which includes Aba and Ariaria Electricity Business Districts) to our company and to Interstate Electrics. This is in spite of the very fact that the agreement we have with the FGN clearly states that
whenever there is privatization, our company has first right to purchase the facility in Aba hence our heavy investment in this project. Investors in Aba IPP have developed a world class electricity infrastructure with the belief that their investment is safe in Nigeria. We have made all effort to get the BPE to correct what (for choice of words) may be called an “error”. So far, they have not yielded to doing the correct thing. Rather, they have sought to justify this error and have continued to politicise the situation unnecessarily, thereby playing with the investment of this magnitude by people who have the interest of our country and the people of Aba at heart. Investors in the Aba IPP led by my humble self answered the call of our beloved country to come home and be part of the development of our dear nation. The investors and stakeholders include members of the Aba Business Community, the United States Agency for International Development (USAID) and our banks, especially Diamond Bank. This travesty has been very cruel to all of us. People in the investment community continue to wonder if this can happen to Nigerian investors with a well- structured agreement, how then can they be sure that their investments and agreements will not be breached in the future? This action by the government has certainly demoralised and discouraged potential investors. The only instrument for doing business in developing and developed nations across the globe is an agreement, which must be respected and held sacrosanct by all parties. All the various Committees set up to look into this issue have come up with the same answer: that our agreement should be respected by the Federal Government and that Aba Power should be offered the Aba and Ariaria Electricity Business Districts as enshrined in the agreement. I was assured by the outgoing Vice President that the Technical committee of National Council on Privatization (NCP) and the NCP Legal Committee have made the same recommendation. However the painful fact is that this critical issue has been left festering since November 2013. It costs our company $3.5m (Three and a half million US dollars) in bank interest charges alone; plus more than N30 million for insurance coverage; other operational expenses every single month to carry a project that is not yielding any revenue due to the deliberate, hostile and crippling action of Enugu DisCo and the BPE over 15 months ago! So far about 8 committees, including committees of
the NCP, NERC, and Ministry of Power amongst others have investigated this matter and come up with the same recommendation. There is no more need for another committee; all that it requires is your decision and firm action that will ensure the full implementation of their recommendation to sell Aba metropolis to Aba Power. We are therefore pleading with the authorities to take a decisive action today and rescue our company and the people of Aba from the shackles of deliberate man-made mischief. We also plead with you to ask Enugu DisCo (EEDC) to immediately allow our contractors to complete the interconnection works that will allow Aba to receive this power. Please give the people of Aba an opportunity to get the intended benefit of this project, which is absolute reliable electricity. It is unfortunate that the powerful economic and political saboteurs within the system have denied your administration the golden opportunity of using the Aba metropolis electricity ring-fence as a shining example of your power reform agenda. Nevertheless, we remain fully committed to ensuring that this project will be completed as soon as possible for the benefit of Aba Business Community and the Nigerian people.
-Prof Nnaji, NNOM, OFR, the immediate past Minister of Power and one of the world’s top engineers, is Chairman of Geometric Power Ltd.

www.thisdaylive.com/articles/travails-of-aba-power-project/206974/
lalasticlala seun and ishilove

Buskolo:
We don reach house forget say we even comot sef...

Like how many were you guys?

Those of you above saying a President cannot stop corruption, it is too late for that.
Buhari must eliminate corruption, that is what we were promised.

The South west and the Boko haram region needs the campaign against kindnapping most.
Then the entire north needs a campaign against drug consumption.

WisdomFlakes:
From www.dangcem.com

Dangote Cement Plc (DCP) is Nigeria's largest cement manufacturer with ambitious plans to expand into 14 other African countries. A fully integrated quarry-to-depot producer, the Group has production capacity of about 19 million tonnes a year in Nigeria. At 10mt, its Obajana plant in Kogi state is the largest in Sub-Saharan Africa. The recently opened 6mt Ibese plant is less than 100km from Lagos, in the fast-growing South West of Nigeria. The Group’s Gboko plant, in Benue state, is expected to be upgraded from 3mt to 4mt in early 2013.

Dangote Cement is investing more than $4bn to expand its production and import capacity to around 50 million tonnes a year by the end of 2015. The investment will increase capacity in Nigeria to at least 32mt, with new capacity being added at Ibese and Obajana, and a new factory being planned for Calabar, in Cross River state.

The Group’s African operations will include factories in Senegal, South Africa, Cameroon, Gabon, Benin, Ethiopia, Tanzania, Zambia and the Republic of Congo. Import and bagging facilities are planned for countries including Ghana, Sierra Leone, Liberia, Cote d’Ivoire and Togo.

Dangote Cement is the largest company on the Nigerian Stock Exchange, having listed its shares in October 2010.

In summary he has two plants in the north central, one in the South west.
Why not ask for his investments in his home region the North west before asking about the South east? What about North east? What about South south? He is only planning to set up one in Calabar, as of now he doesn't have any investment in the South South.

Dangote is from the North west, how many investments does he have there?
How many does he have in the North east?
How many does he have in the South South?
How many does he have in the South west outside Lagos?
Waiting for answers.

My Igbo brothers and sisters, no slowing down please.
Keep pushing!!

The stupîd OP is a disgrace to all Igbos.
The type that is sacrificed to the gods.
What a frustrated fool!

toprealman:
THIS ARTICLE LACKS SUBSTANCE.

I tell you.
Powerful title, rubbish write up.

So what did you demistify?
Nonsense.

nonjebose:
The most sensible thing for them to have done is to enforce stringent immigration laws, and restrict opportunities to non SA. Killing and maiming of black foreigners is outrageous

You are right. They should strenghten their immigration laws.

No other African country can manage the number of immigrants South Africa has without problems.
Check out what is happening even within Nigeria.
for those who are not aware, this latest round of xenophobia was caused by a comment from a South African king, similar to what oba of Lagos said

This guy get Dangote mentality.