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Nairaland Forum / Nairaland / General / Politics / FG To Sell Three Power Plants For N434bn (29745 Views)
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Re: FG To Sell Three Power Plants For N434bn by Akon1980(m): 4:12pm On Nov 16, 2020 |
Good for them |
Re: FG To Sell Three Power Plants For N434bn by bestdudes: 4:13pm On Nov 16, 2020 |
blackpanda:Do you know the story behind what happened? Okay. explain the border exemption... i await |
Re: FG To Sell Three Power Plants For N434bn by Akon1980(m): 4:14pm On Nov 16, 2020 |
Soon they will sale the entire country to china |
Re: FG To Sell Three Power Plants For N434bn by Blackdisciple(m): 4:15pm On Nov 16, 2020 |
After selling they will go back and embezzle the money and later go to foreign lands to borrow cash.... the embezzlement spirit they are having it will need more than just one pastor to cast it out |
Re: FG To Sell Three Power Plants For N434bn by Reference(m): 4:17pm On Nov 16, 2020 |
okpukpu: Even the most rudimentary of persons on that sit will become a hero. Surely it simply cannot be as bad as this. |
Re: FG To Sell Three Power Plants For N434bn by bankylan: 4:32pm On Nov 16, 2020 |
YOU WROTE NONSENSE IN NICE ENGLISH. The plants are already bought by private sectors and FG just want to sell their remaining shares as part of the power sector privatization. These plants have been operating better than when they are under FG. Investment in the power industry is huge and Nigeria needs private investment if we want to have a stable electricity. In the last two years, FG has paid over 600b in subsidy and capacity payments and this is not sustainable. You made mention of United state postal service making a loss of over 70b dollars over the years and it is not sold......70b dollars is like our 2 years budget that we even have to borrow to finance. Can we take such a loss as a country? If you are saying we should not engage the private sector, I wonder how you want Nigeria to grow especially when there is no single business or enterprise handled by the govt that has made any progress. And , please don;t compare us to those European nations that are heavily taxed and have social safety for their people. Nigeria has a population of almost 200m, with majority not productive and not paying tax. We don't have the money for father xmas in Nigeria. Think about this, the budget of California is like 4 times of our total budget as a nation. Johnrake69: 1 Like |
Re: FG To Sell Three Power Plants For N434bn by chipet67(m): 4:45pm On Nov 16, 2020 |
Na them them go buy am... Ask Okoroca how he take get private jet. |
Re: FG To Sell Three Power Plants For N434bn by Okoroawusa: 4:56pm On Nov 16, 2020 |
I Love PMB... These are exactly the reasons I voted u in 2015 n 2019. You are doing well. |
Re: FG To Sell Three Power Plants For N434bn by AbuAeesha: 4:57pm On Nov 16, 2020 |
i wont be surprise,until i hear that federal govt is selling one of the four political zone out. |
Re: FG To Sell Three Power Plants For N434bn by Okoroawusa: 4:59pm On Nov 16, 2020 |
bankylan:Na wa o! You get time to dey explain to people wey hate don block one part of their brains. Me I don't have time to educate anyone on Nairaland. No be dem pay my school fees. |
Re: FG To Sell Three Power Plants For N434bn by EMMY76: 5:01pm On Nov 16, 2020 |
Buhari wants to sell most lucrative federal govt owned assets in the south for peanuts to his fulani brothers before he leaves office. 1 Like |
Re: FG To Sell Three Power Plants For N434bn by Okoroawusa: 5:03pm On Nov 16, 2020 |
lexy2014:There was no APC in 2012 |
Re: FG To Sell Three Power Plants For N434bn by TruthinAction: 5:08pm On Nov 16, 2020 |
It's only the assets in South south they always want to sell. Are there not assets in the north. Why not start with Kaduna refinery that has not been producing for years? Don't be surprised that the buyers are from the north. And the money will not be accounted for. |
Re: FG To Sell Three Power Plants For N434bn by UCHIHAmask: 5:17pm On Nov 16, 2020 |
Johnrake69:Lol... A developing nation indeed.. We aren't even stagnant,Black nations are vehemently receding. |
Re: FG To Sell Three Power Plants For N434bn by Bluntemperor: 5:20pm On Nov 16, 2020 |
edoairways: Govt is the essence of business in many countries around the World except in Nigeria where nepotism is corruption by fixing incompetent men and women everywhere,hence no dynamic brand is traded.How did Awolowo and Alhaji Jakande performed wonderfully well during their time when at that time there was no oil! .Let nobody deceive you,even in America they maintain the balance of appointments but also provide good roads,rail,modern technology,Science,research and development. In our country,we have MD/Chairmen who don't know prices of Commodities under their nose!How did they get their appointments? Government is the major provider of contracts and they see to thorough implementations by ensuring merit not appointment by tribes or religion! |
Re: FG To Sell Three Power Plants For N434bn by MrAkata: 5:31pm On Nov 16, 2020 |
Johnrake69: The people in place to enforce the laws are the ones breaking the laws. What laws are holding Diezani accountable for the billions she looted ? You don't understand economics. Having govt owned refineries functioning at 50% doesn't help the economy. They don't produce jobs. Theyre piggy banks for corrupt politicians. Nigeria produces oil but spends the money they made importing the refined products. The private sector ensures production and efficiency are the main objective. This will translate into steady jobs and reduce unemployment. Private companies must compete for talent meaning better wages and benefits. Nigeria has proven over the last 50 years the government is incompetent. Would you like to wait 50 more ? What else could logically be done besides privatize ? Would you like your kids grow up with 24 hr electIricity ? The govt doesn't care because they can afford industrial generators. 1 Like |
Re: FG To Sell Three Power Plants For N434bn by markb2: 5:32pm On Nov 16, 2020 |
Atiku said he wanted to sell refineries and he was literally lynched. These people simply lack ideas to make Nigeria work. They are always modifying what opposition politician say they will do and make it sound like its their own idea. The system has simply run aground. |
Re: FG To Sell Three Power Plants For N434bn by edoairways: 5:33pm On Nov 16, 2020 |
Bluntemperor:Yeah |
Re: FG To Sell Three Power Plants For N434bn by trutht828: 5:36pm On Nov 16, 2020 |
blackpanda: Amen. May your own life too remain like buhari's years as president. Now, you too should say amen to my prayer if you are not a cursed hypocrite paid to behave like an idiot. 1 Like |
Re: FG To Sell Three Power Plants For N434bn by ekwerendi(m): 5:43pm On Nov 16, 2020 |
Islie: Fake news |
Re: FG To Sell Three Power Plants For N434bn by trutht828: 6:18pm On Nov 16, 2020 |
BreconHills: And your reasoning also told you that Atiku would have given the refineries to his cronies, right? |
Re: FG To Sell Three Power Plants For N434bn by themanderon: 6:45pm On Nov 16, 2020 |
The distribution companies they sold we have not seen the impact after ages now they want to sell power plants. Why not just sell the entire country? Since with every passing day sense keeps evaporating from them. |
Re: FG To Sell Three Power Plants For N434bn by OLUWOLEYINKA(m): 7:09pm On Nov 16, 2020 |
I'm interested in buying one....please DM DM details |
Re: FG To Sell Three Power Plants For N434bn by lexy2014: 7:18pm On Nov 16, 2020 |
Okoroawusa: That's true. D predecessor of APC |
Re: FG To Sell Three Power Plants For N434bn by trutht828: 7:25pm On Nov 16, 2020 |
BreconHills: And when Buhari sells them, he will collect them from the PDP stalwarts and give to his cronies. Not so? |
Re: FG To Sell Three Power Plants For N434bn by T4taiwo(m): 7:27pm On Nov 16, 2020 |
The average Nigerians is feeling the heat already, its getting to a stage where our endurance and perseverance maybe be suspended to tackle the incessant inhuman policies of the present administration. |
Re: FG To Sell Three Power Plants For N434bn by trutht828: 7:27pm On Nov 16, 2020 |
morgstreme: And your dead Brain told you that buhari is a saint, right? |
Re: FG To Sell Three Power Plants For N434bn by emoney09: 7:36pm On Nov 16, 2020 |
Hmmmm |
Re: FG To Sell Three Power Plants For N434bn by kolas88(m): 7:52pm On Nov 16, 2020 |
Please sell the whole country (Nigeria) to CHINA,UK AND USA and let us go back to period of colonization. am confident masses shall enjoy it. After all, our shameless leaders have colonized us locally . |
Re: FG To Sell Three Power Plants For N434bn by Deemayor: 8:10pm On Nov 16, 2020 |
When There is no light in Nigeria ![]() ![]() |
Re: FG To Sell Three Power Plants For N434bn by Nobody: 8:17pm On Nov 16, 2020 |
I'm coming to buy it. |
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