take dat: @lasthope, let's see the FG's road map and how possible is it to achieve 50000mw by 2019. I am 100% sure than even with privatisation this government can't generate 50000mw by 2019.

take dat: Why would I want to engage lickspittles in a real debate when all that will be thrown at me are mere fabrications, conjectures and mischief. Anyway answer my questions for once!

Sincere 9gerian:
Ok. If you guys didn't mean 24hrs, within how many hours, days or years did you guys claim Buhari would solve ALL of our problems?

fkaz: Sincere 9gerian:
What will be your reacttion to this link

http://www.vanguardngr.com/2013/01/labour-accuses-fg-of-refusing-to-commission-nipp-projects/

take dat: @lasthope, let's see the FG's road map and how possible is it to achieve 50000mw by 2019. I am 100% sure than even with privatisation this government can't generate 50000mw by 2019.

thelastPope: Buhari is an old foool who derailed Nigeria by derailing our budding democracy and set us back almost 30 years. He will go down as one of the biggest curse to this country. If he had not truncated our democracy, we would have gone through all these polical tormoil in the 90s and stabilized by now. But he became a tool in the hand of the devil to derail us. Such a shame. If he is a true leader, he would have had several protegees he has mentored that we can all look up to to move things forward. But he is just a selfish old man with his "I must rule Nigeria as a civilian" obsession. very sad case he is!

take dat: Guy don't forget that OBJ mentored thieves, the criminal minded Alams mentored GEJ as well. Why not blame GEJ for encouraging gerontocracy with the likes Anenih, Tukur and others, since you accuse Buhari as old. He is constitutionally entitled to contest for presidency, if dem no vote am na another thing. The PDP as also sent us back to slave trade. Lol

thelastPope:

With privatisation, the government would not need to do that. The private companies would ensure that. It is good for their business. What did NCC had to do to get the telecom firms to hit over 100 million lines? Absolutely nothing. The onus is on the firms to achieve that. Competition will drive that. It is that simple. One of the reasons essential services work abroad is because citizens pay through their teeth and the firms make good money. It is that simple

take dat: Government is a continuum especially with the same party in power. The amount spent by GEJ and OBJ is more than the $16billion and how many megawatt have we generated? After investing heavily the true beneficiaries of it will be the Genco's When you compare the money spent and at what cost there were privatised.

ballabriggs: [s][/s]

Rubbish. Energy privatization is quite different and more complex than telecommunication. Why? Not the same products and not the same country factors and thus you cannot use a "blanket" approach to support your argument.

thelastPope:

what is with the use of strike through font style on someone's post. It reminds me of the "I touched you last" game we used to do in primary school. How does that cancel my post that is still there for all to read? . How old are you? . SMH!

GARRI (x7):


Why not apologise for ur silly lie...

ballabriggs:

did N5 trillion not miss from the national treasury? Was he not rated the most corrupt President by the World renowned Gallop polls, World Bank and CNN?

You see yourself now

ballabriggs:

Naaaahhhh, it is me assessing the work of an intellectual midget like you.

thelastPope:

I replied this particularly to bookmark it! So please, how did you arrive at this? What is the budget for power since the last 2 years? $50 billion is almost Nigeria's 2 year budget! serious accusation you have there!

taharqa: You are a CLOWN and a COWARD. Abeg use shame tk lead d debate of d thrash u wrote b4 which i commentd on, i rili feel like sub-mobbing smone dis hot aftanoon.. Imagine smone saying that GEJ has so far spent $50billion on power so far. FISH BRAINED

taharqa: The said poster is d LOUDEST mouth-ed, smallest brain-ed (fish-size) resident ijiot we hv on NL. He beats them ALL hands down ...

taharqa: As far as i know d money actuali spent by both OBJ and GEJ is not up to $10billion, if u hv any CONCRETE amount (not hearsay) plz share. And dis amount wud eventuali produce about 4600MW from NIPP alone, plus sm few oda thousands of MWs that wud be recovered from d old plants; thousands of kms of transmissn and distributn lines and substations are also inclusive..... Again, NONE of d 11 NIPP projects hv bn privatised YET; and d bid prize of d 5 old PHCN plants dat were privatisd generali was commensurate to dier present values as assertd by sm experts. Paying about $150- $200m for 60% stake of a plant is NOT a give away from any stretch of d imaginatn

thelastPope: Buhari is an old foool who derailed Nigeria by derailing our budding democracy and set us back almost 30 years. He will go down as one of the biggest curse to this country. If he had not truncated our democracy, we would have gone through all these polical tormoil in the 90s and stabilized by now. But he became a tool in the hand of the devil to derail us. Such a shame. If he is a true leader, he would have had several protegees he has mentored that we can all look up to to move things forward. But he is just a selfish old man with his "I must rule Nigeria as a civilian" obsession. very sad case he is!

Sincere 9gerian:
Apologise for what? Didn't Buhari apostles claim he has the ability transform the country with immediate allacrity? What has changed? If anything has changed, what then is the new incubation period?

take dat: Okay agreed that over $11billion was spent on the NIPP. Another $1.1billion will be borrowed this year

The six Gencos were auctioned at N107billion and government had spent close to N600billion to resuscitate them. While Kainji and Shiroro that billions of dollars have been spent on was sold for $760million and $364million including the properties attached to them. 60% of government share in 10 of the 11 distribution companies are said to be sold for N169billion, yet the landed properties of these discos are worth billions of naira. All the transformers, electric poles we bought with our monies have been auctioned to the buyers not to talk of other distribution facilities and you claim Nigeria gained from the privatisation when its actually personalisation of state utility to self and cronies. The bottom line is that this GEJ's privatisation exercise na still scam!

taharqa: Plz provide me wit where u got d info dat #600billion had bn spent on d Gencos that was sold to 'RESUSCITATE' dem (only 5 were sold, not 6- Afam was not sold eventuali)... Kainji and Shiroro WERE NOT SOLD cos of dier oda stratigic water and agric uses; they were only concessiond to private hands, whilst Nigeria continues to wholly own them... A lot of d non-core lands and landed properties ownd by former PHCN as well as its debts are actuali unda d Management of d newly creatd National Liability Company, not all of them went with d DISCOS.... But so am clear, am not arguing that d bid price of d various GENCOs and DISCOs are equal to d amount of money that were eva spent on them since their constructn (for sm of dem up to 40 yrs), but that d prizes are reflective of d CURRENT values of d core assets and d need/economic advantage of putting them in private hands. The bid prize are certainly not give-aways by any sketch of d imaginatn, i insist. Plus, d process itself was TRANSPARENT to d extent of ff its own self-imposd and agreed rules

thelastPope:

Fake argument. Brazil is swimming with corruption while having stable power and other major infrastructure. Same for Russia that is more corrupt than Nigeria yet are one of the biggest world powers. I could go on and on. Fighting corruption is not development. No wonder you think an almost 80 year old man will be able to understand modern day governance. Only in Nigeria!

taharqa: Sharrap there, dis is d HYPOCRISY am talking about. GEJ has already doubled public power supply that he met on ground and it is not just IMPROVING BUT IT IS SET TO CERTAINLY IMPROVE EVEN MORE SIGNIFICANTLY OVER TIME cos there is even as we speak about 3000MW power that is almost already available to be added to d grid dis yr alone; and dis is apart from d huge unfathomable possibilities from a REFORMED and PRIVATISED power sector that GEJ has single mindedly pursued for 2yrs now, which has bn rightly haild by most experts as d SOLUTION to Nigeria's power problems both now and esp in d future.. Now get LOST

Omo_Tier1:
Stop your lies, Yar'dua government generated over 4,300MW which led to the collapse of the national grid. If my maths serve me right, twice of 4,300 is 8,600MW. So now you claim GEJ has generated 8,000MW?

We can't all be fooled you know.

thelastPope:

Fake argument. Brazil is swimming with corruption while having stable power and other major infrastructure. Same for Russia that is more corrupt than Nigeria yet are one of the biggest world powers. I could go on and on. Fighting corruption is not development. No wonder you think an almost 80 year old man will be able to understand modern day governance. Only in Nigeria!

Go and read the house of reps investigation into the activities of the NIPP under OBJ to clear yourself of ignorance. If the plants we'r all completed then and all went well, what necessitated the investigation?

The incumbent is currently battling to complete whatever has to completed, lay gas pipelines, build transmission stations to evacuate power from the stations,etc

fkaz:

You mean the report that was politicise and characterise with fraud under elumelu,
That no be investigation abeg.


And you still called it a waste, you are not sincere.
Your paymaster is so dumb to even initiate such idea.
Continue with your hyping, time will tell.