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Nairaland Forum / Nairaland / General / Politics / FG To Sell Three Power Plants For N434bn (29759 Views)
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FG To Sell Three Power Plants For N434bn by Islie: 10:12am On Nov 16, 2020 |
Lll.....Investors to take over Geregu, Omotosho, Calabar plants ....Lagos, Abuja, Jos, PH stadia to be concessioned The Federal Government has revealed that it was making arrangement to sell Geregu, Omotosho and Calabar power plants for N434 billion in 2021. The government also hinted of its plan to concession National Art Theatre, Tafawa Balewa Square and all the River Basin Development Authorities at N836 https://www.newtelegraphng.com/fg-to-sell-three-power-plants-for-n434bn/ 2 Likes 2 Shares
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Re: FG To Sell Three Power Plants For N434bn by Johnrake69: 10:13am On Nov 16, 2020 |
Madness... Assets built with about 4 Trillion will be sold at about 10% of the value. It's sad. We keep selling off national assets for crumps and leaving huge debt profile. We can't leave the economy of this country in the hands of the private sector. Onlinesmart: Who told you Government has no business in business? We should be careful how we push this capitalism narrative. What the society needs transcends beyond profit. Why has America the capitalist headquarters of the world maintained United States postal service that has made losses of about $70 billion in the past 11 years? Why haven't they sold it to DHL or Ups? Most European countries today that we want to run to operate socialist economy to a large extent. You go to Germany today citizens are entitled to free education, subsidized housing and health care. England, Sweden, Denmark, Holland same thing. Price of food commodities has been at almost same rate in the last 20years. Let them leave the economy in the hands of the private sector and see if they will have the stable economy they have today. 87 Likes 5 Shares |
Re: FG To Sell Three Power Plants For N434bn by edoairways: 10:17am On Nov 16, 2020 |
Please add NTA too 245 Likes 8 Shares |
Re: FG To Sell Three Power Plants For N434bn by ifex370(m): 10:18am On Nov 16, 2020 |
Lol... Can someone please rescue me before everything collapses. God please. 11 Likes |
Re: FG To Sell Three Power Plants For N434bn by trutht828: 10:19am On Nov 16, 2020 |
When atiku was talking about selling all the refineries last time, morally corrupt crooks like silenced , silenced Simplyleo, helinues, yarimo, Baawaa, and the other miscreants said he wanted to sell them to his cronies. We can also say buhari wants to sell the power plants to his cronies, can't we? 256 Likes 26 Shares |
Re: FG To Sell Three Power Plants For N434bn by RuddyFusion(m): 10:21am On Nov 16, 2020 |
Hope they added Aso rock and our useless leaders to the list? Kukuma sell Nigeria make we rest 64 Likes 2 Shares |
Re: FG To Sell Three Power Plants For N434bn by puremaker7(m): 10:23am On Nov 16, 2020 |
FG to sell Nigeria to China this is the news i'm waiting for. 96 Likes 4 Shares |
Re: FG To Sell Three Power Plants For N434bn by SocialJustice: 10:29am On Nov 16, 2020 |
According to the breakdown, Geregu power plant, which it was learnt was constructed at the cost of $10 billion, would be sold for N140.7 billionNigeria! 41 Likes 2 Shares |
Re: FG To Sell Three Power Plants For N434bn by baralatie(m): 10:29am On Nov 16, 2020 |
pardon my laf ha haha hahaha bubu ha 8 Likes |
Re: FG To Sell Three Power Plants For N434bn by Houseofglam7(f): 10:30am On Nov 16, 2020 |
Thank goodness nairaland is not federal government property ![]() 59 Likes 3 Shares |
Re: FG To Sell Three Power Plants For N434bn by trutht828: 10:31am On Nov 16, 2020 |
SocialJustice: Crude oil will soon go out of demand 10 Likes 1 Share |
Re: FG To Sell Three Power Plants For N434bn by baralatie(m): 10:33am On Nov 16, 2020 |
trutht828: haha haha ha ho 5 Likes |
Re: FG To Sell Three Power Plants For N434bn by ggood: 10:34am On Nov 16, 2020 |
after selling what will they do with the money Nigeria backwardness does not have part two how can you supply Benin,Togo Niger Rep. light and your citizens die in darkness, I know how small businesses crumble because of darkness 30 Likes |
Re: FG To Sell Three Power Plants For N434bn by baralatie(m): 10:35am On Nov 16, 2020 |
ggood:spend the money nau 19 Likes |
Re: FG To Sell Three Power Plants For N434bn by helinues: 11:04am On Nov 16, 2020 |
They should sell it and share the money amongst Nigeria. Na that time Dem go tell us they want to start another school feeding. Yeye people 6 Likes |
Re: FG To Sell Three Power Plants For N434bn by inoki247: 11:12am On Nov 16, 2020 |
This people go soon sell everybody Facebook account to yahoo boys with the way dey are going.... 11 Likes 2 Shares |
Re: FG To Sell Three Power Plants For N434bn by CodeTemplar: 11:30am On Nov 16, 2020 |
This is deeply puzzling. Most of the power is generated by the north but all the ones for sale are in the south. They should just do another coup and stylishly appoint new colonial masters as military administrators. Nonsense. 32 Likes 4 Shares |
Re: FG To Sell Three Power Plants For N434bn by phchep: 11:32am On Nov 16, 2020 |
OP pls correct these your post, adokiye amiesemaka stadium is a state own stadium build by Amaechi during his tenure as governor of rivers state, so there is no way federal government can concession what they don't owned. Pls OP always get full details b4 you post. 8 Likes 1 Share |
Re: FG To Sell Three Power Plants For N434bn by CodeTemplar: 11:36am On Nov 16, 2020 |
SocialJustice:When I shout here and commend Oyedepo of Winners chapel I know what I am saying. That man built his church power plant at less than half a million dollar per megawatt. The more corporate bodies undertake projects the more peoples eyes will open to the civil rape going on. 50 Likes 3 Shares |
Re: FG To Sell Three Power Plants For N434bn by Racoon(m): 11:38am On Nov 16, 2020 |
Power-they have not & can not provided, but now they want to sell power plants-to who? They borrowed monies yet no results.So who is fooling who? Nigeria is closing its embassies and even withdrawing from international bodies because of financial crunch as a result of clueless economic policies. 9 Likes 1 Share |
Re: FG To Sell Three Power Plants For N434bn by CodeTemplar: 11:39am On Nov 16, 2020 |
If every body should be empowered with I better pass (noiseless) at 200k each, we will have light sharply. All these building and mega depreciation before sales is scam. 3 Likes |
Re: FG To Sell Three Power Plants For N434bn by IJOBA2: 11:48am On Nov 16, 2020 |
LADIES AND GENTLEMEN IT IS TIME TO IMPEACH THIS ENEMY OF NIGERIA CALLED BULLHARY. 10 Likes |
Re: FG To Sell Three Power Plants For N434bn by IJOBA2: 11:50am On Nov 16, 2020 |
trutht828:YOU WILL NOT SEE THEM HERE, ESPECIALLY HELINUES 14 Likes |
Re: FG To Sell Three Power Plants For N434bn by slawormiir: 1:11pm On Nov 16, 2020 |
Damnnn niggarrrr Isoright 3 Likes 2 Shares |
Re: FG To Sell Three Power Plants For N434bn by datola: 1:12pm On Nov 16, 2020 |
Awon apa ako tile ta! 1 Like 1 Share |
Re: FG To Sell Three Power Plants For N434bn by Sunnycliff(m): 1:12pm On Nov 16, 2020 |
Nigeria is gone |
Re: FG To Sell Three Power Plants For N434bn by Nobody: 1:12pm On Nov 16, 2020 |
![]() Never take a loan u have no strategy/proper plan for repayment |
Re: FG To Sell Three Power Plants For N434bn by PhillipPHD(m): 1:13pm On Nov 16, 2020 |
This portion of the National cake is the birthright of the Adeleke's and the Otedola's. Davido and DJ Cuppy are about to get richer. 3 Likes |
Re: FG To Sell Three Power Plants For N434bn by AlphaMajestic: 1:13pm On Nov 16, 2020 |
i can't tell where this country is heading to but its too damn obvious that it isnt a good place at all 5 Likes |
Re: FG To Sell Three Power Plants For N434bn by Sunnycliff(m): 1:13pm On Nov 16, 2020 |
trutht828: If you talk they will say you are a wailer 5 Likes |
Re: FG To Sell Three Power Plants For N434bn by DennisEche(m): 1:13pm On Nov 16, 2020 |
OSHE |
Re: FG To Sell Three Power Plants For N434bn by fourboys: 1:13pm On Nov 16, 2020 |
pls sell the country join |
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