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Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments - Politics (4) - Nairaland

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5,043 Megawatts & Rising - Nigerians Enjoy Improved Power Supply Nationwide / Akwa Ibom Christmas Village Has Generated Over N1bn Within One Month - Esin / 3,050 Megawatts Mambilla Power Project In Taraba (Pictured) (2) (3) (4)

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Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by unbiased2021: 3:34pm On Apr 01, 2023
BrotherSade:
Tinubu is coming to Iragbiji you mean

No man born of a woman can swear in Tinubu as Nigeria president 😎


This na anyhow talk. I supported Obi but this is becoming annoying

1 Like

Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by erico2k2(m): 3:34pm On Apr 01, 2023
Ijaya123:


It is the Transmission section that Siemens are working to upgrade currently.
why U dey waste time dey enlighten them.
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by ppogba: 3:35pm On Apr 01, 2023
All these na wash.

Geregu power that be bought is just to swindle gullible Nigerians as usual.

To go the way of his other companies quoted on the NSE and only to disappear with investors funds.

Now, the share price of Geregu has been pumped to over N300 and next, GBOSA.

1 Like

Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by blowjohn(m): 3:43pm On Apr 01, 2023
To be honest, Otedoka didn't say anything.

He didn't proffer any solution.

Who get phcn? Is it individuals?
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by lereinter(m): 3:46pm On Apr 01, 2023
He's tinubu paddy, I hope he listens to him



He gave example of dangote building a 2000mw system, it's because dangote factory is not under nigeria government control.


Nigeria needs to be Restructured
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by HydraFeeds(m): 3:47pm On Apr 01, 2023

1 Like

Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by Upworkwriter007(f): 3:47pm On Apr 01, 2023
ngBuild:

Why him paper no do am for Lagos?
states can't generate electricity, only the FG can.
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by thorpido(m): 3:48pm On Apr 01, 2023
aestake:

You go still vote APC.
Wetin APC wan do for me?
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by HomorBj(m): 3:50pm On Apr 01, 2023
opalu:
Wail and Lament!!! When opportunity came to choose a President that vows to declare war in power sector, guess what you did: you endorsed your tribe. As if there is electricity for one tribe more than the other

Endorsed his tribe? Or supported who was the best man?? The way you people always make it tribal tho..
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by Ray07(m): 3:53pm On Apr 01, 2023
N3TRAL:
I've forgotten when light went off in my vicinity.

Rivers State, Nigeria.

My Abuja residence also has constant power supply. AEDC sends mails to customers notifying us of disruptions and routine maintenance that may affect power supply.

It's a fact that the power sector has massively improved from what it was in 2007. Nigerians do not notice this.




My observation does not negate Otedola's statement in anyway because he's right.

In my opinion, the Discos are trying. The Gencos have to be more innovative.

Subsidy should first be suspended in the power sector before the petroleum sector or simultaneously.
wow! You don mean it . . . Maybe we should start earning in wages too since Nigeria have a booming economy where workers, sales boys and girls, federal inclusive are earning good salary monthly.

Typical Nigerians, always thinking about themselves and forgetting others
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by Shakur86(m): 3:53pm On Apr 01, 2023
opalu:
Wail and Lament!!! When opportunity came to choose a President that vows to declare war in power sector, guess what you did: you endorsed your tribe. As if there is electricity for one tribe more than the other
What is this one saying
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by ComptonGee: 3:54pm On Apr 01, 2023
scholarsfunding:
Your father was former Lagos state Governor

So the governor of a state should have done that for the whole country? Fool
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by Chetas81(m): 3:56pm On Apr 01, 2023
ojun50:
Na now him just dey no
hhhhhhhmmmmm
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by DrMuzungu(m): 3:57pm On Apr 01, 2023
ArewaNorth:

What many Nigerians don't understand is Nigeria has around 20000MW generation capacity with 8100MW transmission capacity and may likely reach 15000-18000MW while Distribution capacity remain 5000MW. So, in this case billions of Naira will be lost daily if we generate what Distribution system can't evacuate, therefore in as much as DisCos won't upgrade their capacity power will always remain a problem in Nigeria. Power is very expensive and small mistake will cost huge billions naira loss.
Those who privatized power to cronies who never had intention to upgrade it should be blamed.

My friend and, possibly, a colleague, don't waste precious time preaching the truth. People don't want to hear the truth. What people want is convenient lies, that is all. For years I decide to waste some of my time and explain generating capacity, transmission capacity, how I live at a place where about 1 kW is generated per each citizen at ANY GIVEN MOMENT, and then compare it with Nigeria. I then explain how Nigeria would have to increase the generating capacity by 4o to 50 TIMES in order to achieve REAL 24/7 supply, and that assuming that all power plants are maintained and kept operational at full capacity.

In simple terms, that means that, for each power plant in existence today, Nigeria has to build over 40 new power plants. can Nigeria do it in our lifetime? I believe so. But that would only be possible if not a single kobo is embezzled until the job is done. And is THAT possible? I think we all know the answer. And then you get a polithiefcian who will promise the masses 24/7 supply of electricity, but only if HE gets elected.
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by Nobody: 3:58pm On Apr 01, 2023
Lexusgs430:



You never heard of Geregu Power Plc........ Dey play..... Dey play o .......😜🤣
I just dey hear am from you wooooo !
I have no idea what Geregu Power Plc is ? undecided

Thanks 👍 4 da info cool

But I just googled it now cheesy

No blame my ignorance! I no dey stay for Naija ! I dey Dakar . Senegal. Where violent protest is going on for some days now !

Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by Mickykarim: 3:58pm On Apr 01, 2023
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by slowice(m): 4:06pm On Apr 01, 2023
All the noise buhari made before 2015 one would expect nothing less than 15000mw by now but nothing came out of it .

Guys ,what we need are sincere and serious minded leaders not party men,tribesmen and chronic Politicians.....they are all thieves.

Today they are mouth loudly about jagaban,but every serious Nigerian know that like buhari,he will only end up borrowing excessively and make zero impact. He's a criminal surrounded by many more criminals and they are all pursuing there interest while using Nigeria and Nigerians as a means to their selfish end.
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by kingyakos: 4:06pm On Apr 01, 2023
U are part of them. U run dirty deals for corrupt leaders and also help them to syphon money to foreign account.
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by Mummyimbecile(m): 4:07pm On Apr 01, 2023
It's only the Nigerian government that knows why it doesn't wanna fix the power sector.

While in Nigeria, I thought power outage was a normal thing around the world. I thought 24/7 electricity was rocket science.

Not until I spent a week in the US without the light going off, I realized that Nigeria has a long way to go.

4yrs now, l have never experienced a power outage even for a split second.
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by onuman: 4:10pm On Apr 01, 2023
Since 1999, the same APC and PDP people that kept power generation to 5000mw are who Buhari cabal is now fighting tooth and nail, even killing unarmed opposition people now, in order to keep any of the two political parties in apex political power after May 29th, 2023. Some ignoramuses support the cabal which is using old and sick Tinubu as front.

Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by Elibaba1: 4:17pm On Apr 01, 2023
Himtulie247:
grin

Invest in Power Generation now 😀😀😀

Dangote don enter Oil Refinery now 😀😀😀

cool cool cool

Sir !!! You have the resources cool


He owns Geregu PLC . The only power company in Nigeria to be listed on the Nigerian stock exchange.

1 Like

Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by Mayeldah(m): 4:21pm On Apr 01, 2023
What's stopping Nigeria's government from deregulating compeletly the power sector all these years?

What?
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by Husband2023(m): 4:21pm On Apr 01, 2023
Like seriously
When ever I think of Nigeria power sector Omo I no fit come back Nigeria till I old ooo
Me that can not sleep without light anybody wey dey survive for Nigeria na harden criminal 😂 it’s not easy to stay there I remember last year I visited Nigeria just a week the next week I japa make heat and anger no kill me imagine country that is living in fear I no fit



I think Nigeria is cursed seriously
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by INTEGRITYA1(m): 4:25pm On Apr 01, 2023
opalu:
Wail and Lament!!! When opportunity came to choose a President that vows to declare war in power sector, guess what you did: you endorsed your tribe. As if there is electricity for one tribe more than the other

Forget all these you're saying, individuals are at liberty to support whoever they decided to.
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by uniquetechng: 4:26pm On Apr 01, 2023
ArewaNorth:


What many Nigerians don't understand is Nigeria has around 20000MW generation capacity with 8100MW transmission capacity and may likely reach 15000-18000MW while Distribution capacity remain 5000MW. So, in this case billions of Naira will be lost daily if we generate what Distribution system can't evacuate, therefore in as much as DisCos won't upgrade their capacity power will always remain a problem in Nigeria. Power is very expensive and small mistake will cost huge billions naira loss.
Those who privatized power to cronies who never had intention to upgrade it should be blamed.
Even when Femi made it clear that transmission is the major problem you still think distribution is ? FG is in charge of transmission and wasn't privatized by anybody, get your facts right .
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by Brimstone77: 4:31pm On Apr 01, 2023
Husband2023:

Can we please stop this tribalism and focus on delivering our nation
When I ever I remember that am from Nigeria I want to cry and am tired of staying here but can’t come back to Nigeria because mad and senseless people who fight them selves and the government officials dining and party together
....

Bat supporters ain't tribe..

So what do you mean by stop tribalism?
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by greatiyk4u(m): 4:36pm On Apr 01, 2023
Ogene001:

Transmission is the problem not distribution. Transmission was not privatized, it's still under FG in the name of Transmission Company of Nigeria (TCN). Among the distribution companies only Lagos and Enugu Discos are making profits

Only IKEJA disco making profits
Enugu about to be taken over by bank
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by manikspears: 4:40pm On Apr 01, 2023
abobote:
You are part of the corrupt system.
This same made a mess of the subsiidy probe, by bribing the leader of the house committee

Well said my brother. As him how he inherited his wealth from his father.

All these people sha, they cause damage and come back act as if they are not a beneficiary of the nonsense they have caused.
Re: Nigeria Has Generated Only 5000 Megawatts Since I Was Born— Femi Otedola Laments by LP78: 4:43pm On Apr 01, 2023
Billionaire businessman, Femi Otedola, has lamented the poor state of the power sector in Nigeria, stating that the country has only generated a total of 5,000 megawatts since he was born. Otedola made this statement during an interview with Arise TV on Thursday, April 6, 2023.

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According to Otedola, the country has failed to invest in the power sector, and as a result, has not been able to generate enough power to meet the needs of its citizens. He further noted that this has led to a situation where Nigerians have to rely on generators to provide electricity for their daily needs.

Otedola also criticized the government's approach to the power sector, stating that the government has failed to attract the necessary investments needed to improve the sector. He urged the government to prioritize the power sector and create an enabling environment for investors to invest in the sector.

The billionaire businessman also expressed his disappointment with the country's political leadership, stating that the country needs leaders who are focused on improving the lives of Nigerians and not just enriching themselves. He urged Nigerians to vote for leaders who have the country's best interests at heart.

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Otedola's comments come at a time when Nigeria is facing a power crisis, with many parts of the country experiencing frequent power outages. The government has promised to improve the power sector and increase power generation to 30,000 megawatts by 2025. However, many Nigerians remain skeptical of the government's ability to deliver on its promises.

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