Cement Firm Builds N11b Power Plant - Business - Nairaland
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| Cement Firm Builds N11b Power Plant by mrakeli62: 6:47am On Feb 21, 2019 |
Ashaka Cement Company, has unveiled plans to inaugurate its N11 billion 16-megawatt power plant. The firm, a subsidiary of Lafarge Africa, said the power plant project started in 2017 would improve and solve the country’s energy problem. The Managing Director of the company, Mr. Rabiu Abdullah Umar, unveiled during the 2018 award ceremony for its distributors. He said the power plant, would not only release additional megawatts to the national grid, but also create employment opportunities, boost operational efficiency and tackle the high energy cost of the largest industry in Nigeria’s northeast. “Last year, we started our power plant, which is an N11billion project, and we will inaugurate the project soon, signalling the end to the use of generators for our operations. “So, we are helping to remove ourselves from the demand for energy, and providing our own solution, which means a minimum of 16 megawatts of electricity, will now become available to the public grid for the people in the region to enjoy from. The power plant is our biggest plan aimed at reducing our costs,” he added. The power plant, infrastructure, and cement capacity are all testament to this commitment to the development of Nigeria. We are celebrating a good year and look forward to even better collaboration in 2019.” Also speaking, the Country Chief Executive Officer, Lafarge Africa, Michel Puchercos, expressed appreciation to all the distributors for their remarkable performance in keeping the Lafarge range of products among the top brands in the market. “For your commitment to results through the years and in 2018 in particular, Lafarge Africa says a big thank you, and we look forward to a more fruitful year in 2019. “This year, we are set to change the way we do business with our customers by empowering our customers to become partners.’ https://www.akelicious.net/2019/02/cement-firm-builds-n11b-power-plant.html 3 Likes 1 Share
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| Re: Cement Firm Builds N11b Power Plant by robinsonmfon(m): 7:01am On Feb 21, 2019 |
good one 1 Like |
| Re: Cement Firm Builds N11b Power Plant by harbarzzy(m): 7:02am On Feb 21, 2019 |
Good one 1 Like |
| Re: Cement Firm Builds N11b Power Plant by ChrisAC: 7:03am On Feb 21, 2019 |
Good one 2 Likes |
| Re: Cement Firm Builds N11b Power Plant by Mrbigman1(m): 7:03am On Feb 21, 2019 |
Na this Kind good news Person need to dey read about nija at least once in 6 months not nonsense all year round. 11 Likes |
| Re: Cement Firm Builds N11b Power Plant by ritababe(f): 7:03am On Feb 21, 2019 |
Whatever happened to mambilla power plant? 1 Like |
| Re: Cement Firm Builds N11b Power Plant by michlins(m): 7:04am On Feb 21, 2019 |
Please how do they recoup their investment in the power sector. Since they would be supplying to the national grid 1 Like |
| Re: Cement Firm Builds N11b Power Plant by jesmond3945: 7:04am On Feb 21, 2019 |
16 mw for 11 billion? Hmmm 5 Likes 1 Share |
| Re: Cement Firm Builds N11b Power Plant by 9japrof(m): 7:04am On Feb 21, 2019 |
Well fingers crossed... Nigeria went down so bad, that we celebrate 16 MW, an amount that's not even enough for a section of Lagos.. Naija finally finally cast, if you see legit way, jakpa commot for here 16 Likes 3 Shares |
| Re: Cement Firm Builds N11b Power Plant by mrvitalis(m): 7:04am On Feb 21, 2019 |
Just 11 billion ...if we where building bone of this per local government by now our power issue would be past 1 Like 1 Share |
| Re: Cement Firm Builds N11b Power Plant by Pamtoye(m): 7:05am On Feb 21, 2019 |
Ok... Guys... Let's do simple mathematics... If for a private firm.. a 16mw power plant costs #11b and it is projected that Nigeria needs over 50,000mw in order 2 have stable electricity... Nigeria currently generates 7,500mw... So in short... Nigeria still needs 2 generate over 42,000 mw in order 2 have stable electricity Now d questions 1)In a simply explained mathematical solution... Calculate how much Nigeria needs 2 invest in d power sector in order to have stable electricity supply (consider d fact that it's a government project.. Therefore tends to cost more than when carried out by a private firm) N. B... (10 minutes examination)   4 Likes 1 Share |
| Re: Cement Firm Builds N11b Power Plant by MANNABBQGRILLS: 7:06am On Feb 21, 2019 |
Very good development.... Part of the change we voted for. To the NEXT LEVEL we go..... 8 Likes 4 Shares
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| Re: Cement Firm Builds N11b Power Plant by Caseless: 7:06am On Feb 21, 2019 |
 The good policies of this administration are creating good grounds for investors. My only problem is that, you'll generate electricity, send it to national grid before the locals can use it. 16 MW of power can take care of Gombe. Sai Baba 6 Likes 1 Share |
| Re: Cement Firm Builds N11b Power Plant by Humblega(m): 7:08am On Feb 21, 2019 |
#11b power plant....... Meanwhile some of our yeye politicians have thrown multiple of such into bin in the name of campaign funds and voters mobilization..... This is Nigeria, where politics is a business 3 Likes 1 Share |
| Re: Cement Firm Builds N11b Power Plant by Pavore9: 7:08am On Feb 21, 2019 |
The power plant project started in 2017 and already completed but if it is government, it's completion will be in "Future continuous tense"! 5 Likes |
| Re: Cement Firm Builds N11b Power Plant by Akabuking: 7:08am On Feb 21, 2019 |
good but old.news. |
| Re: Cement Firm Builds N11b Power Plant by kunmiiii: 7:09am On Feb 21, 2019 |
One of conundrums that has always ravished my mind is how a country like Nigeria, with all the enormous resources at our disposal can't boast of steady power supply, not even 24/7, but at least steady. The general cost of doing business in this country without power is so damn high, you'd feel pity for manufacturers and entrepreneurs. The effects can not make a thriving economy, we have potentials but until this power issue is fixed, It can't be achieved. 11 Likes 2 Shares |
| Re: Cement Firm Builds N11b Power Plant by Fuckyoumod: 7:12am On Feb 21, 2019 |
If 11 billion naira can build a power plant of about 16 megawatts..... Why was abacha's loot, school feeding money, recovered loots, trader money etc according to Buhari, not channelled to a similar project of power plant building and power generation? Thieves !!! 1 Like |
| Re: Cement Firm Builds N11b Power Plant by GAZZUZZ(m): 7:14am On Feb 21, 2019 |
michlins: they are pulling out from the grid, meaning you have more electricity to use. PHCN looses a paying customer. 3 Likes |
| Re: Cement Firm Builds N11b Power Plant by GAZZUZZ(m): 7:16am On Feb 21, 2019 |
Pamtoye: source of power? |
| Re: Cement Firm Builds N11b Power Plant by solidstormy86: 7:17am On Feb 21, 2019 |
Which state is the power plant being built. Everything for the election, never again will APC rule this nation |
| Re: Cement Firm Builds N11b Power Plant by kunmiiii: 7:18am On Feb 21, 2019 |
Pamtoye: Are there answers on the back page??  4 Likes |
| Re: Cement Firm Builds N11b Power Plant by Nobody: 7:20am On Feb 21, 2019 |
The problem isn't getting the electricity steady. Are we ready to pay for electricity?are we ready to cough out like 30k per month for electricity bills? Luxury isn't cheap and before u quote me,check what developed countries pay for electricity. Even with prepaid meter, it's still gonna be costly. Check home much card u use and recharge, subscribe in a month..then multiply it and check how much a prepaid will eventually cost u. 3 Likes |
| Re: Cement Firm Builds N11b Power Plant by hisgrace090: 7:21am On Feb 21, 2019 |
jesmond3945: I come to see what people have to say about this exorbitant pricing. 1 Like |
| Re: Cement Firm Builds N11b Power Plant by OYEDIPE(m): 7:21am On Feb 21, 2019 |
michlins:Their supple to the national grid will be metered and they will be compensated accordingly. 1 Like |
| Re: Cement Firm Builds N11b Power Plant by Nobody: 7:24am On Feb 21, 2019 |
Pamtoye:N28.8trillion . 6 Likes |
| Re: Cement Firm Builds N11b Power Plant by Topmaike007(m): 7:24am On Feb 21, 2019 |
Thank God something good Grace front page not PDP and APC propaganda.. 2 Likes 1 Share |
| Re: Cement Firm Builds N11b Power Plant by bongolistik(m): 7:36am On Feb 21, 2019 |
michlins:It is no brainer that the Federal government will be paying them for providing/generating the Power since they supply to national grid. They serve as Gencos, and the Transmission Company of Nigeria (TCN) operated by the Federal government always work hand in hand with Generating Companies (Gencos) in evacuating/transmitting the power. So TCN pays the Gencos, while the Discos buy and pay TCN, then you and me the final consumers pay the Discos 3 Likes 2 Shares |
| Re: Cement Firm Builds N11b Power Plant by Caseless: 7:37am On Feb 21, 2019 |
kunmiiii:importers of generator like Atiku who brings most of the mikano generator won't help us to achieve power independence. 3 Likes 1 Share |
| Re: Cement Firm Builds N11b Power Plant by Nobody: 7:42am On Feb 21, 2019 |
Power companys should focus on improving power around economic hubs. 1 Like |
| Re: Cement Firm Builds N11b Power Plant by Cybertext(m): 7:47am On Feb 21, 2019 |
Yea I'm at Ashaka and I can attest to the fact that the coal power plant is at 80% completion.... Though the firm and it's neighbouring community enjoys at least 23hrs power daily as of now from PHCN. 4 Likes |
| Re: Cement Firm Builds N11b Power Plant by kunmiiii: 7:49am On Feb 21, 2019 |
Caseless: Caseless, I know bro...we don talk am tire, and that's the same person some people are clamoring for.  Your truth will now be misconstrued as campaigning against the thieves that has held us back from tangible and meaningful development as a nation. 8 Likes 2 Shares |
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