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Politics / Re: The Lagos Electricity Journey. by naptu2: 3:09am |
Then there was the Mainland IPP in Ikeja. LAGOS STATE GOVERNMENT COMMISSIONS 8.8MW MAINLAND POWER INDEPENDENT POWER PROJECT OPERATED BY CET POWER |
Politics / Re: The Lagos Electricity Journey. by naptu2: 3:09am |
Second strategy: INDEPENDENT POWER PLANTS AND CAPTIVE POWER. The Lagos State Government decided to adopt a new strategy after NEPA failed to keep to the AES Barge agreement (it failed to distribute power from the plant solely in Lagos). The government decided to build power plants that would power key government infrastructure. There were two major ideas behind this. 1) This would ensure that these facilities (hospitals, courts, schools, streetlights) have 24 hours power in order to serve Lagosians better. 2) It would remove these facilities from the National Grid and therefore, there would be more power available to other Lagosians. The first of these projects was the Island Power Project at Marina. Island Power Project (Lagos) To Generate 10MW johnie:The Island Power Project is to generate 10MW and is located on Marina, opposite the General Hospital.
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Politics / The Lagos Electricity Journey. by naptu2: 3:09am |
First strategy: THE AES BARGE PROJECT In August 1999 the Lagos State Government brought Yinka Folawiyo Power, Enron, NEPA and the Federal Government together to sign an agreement to provide power to Lagos. The idea was to build and operate a power plant that would be located on a barge that would be anchored on the Lagos Lagoon, beside the Egbin Power Plant (Nigeria's biggest power plant) in Ikorodu. Yinka Folawiyo Power was to provide part of the funds to build and run the power plant, Enron was to provide the rest of the funds and was also supposed to actually build and run the power plant. NEPA was to provide part of the funds to buy the power that was produced on the barge and it was also to receive and distribute the power (the law at the time stated that only NEPA could transmit and distribute electricity in Nigeria). NEPA was to only distribute the power to places that were designated by the Lagos State Government. The Lagos State Government was to provide the rest of the funds for the purchase of the electricity that was produced on the barge. It was also to designate the places where the power would be distributed (the power was to be distributed only in Lagos) and it was to market the project to consumers in those parts of Lagos. The Federal Government was to provide a guarantee that the Lagos State Government would pay for the power and it was to debit Lagos' share from the Federation Account if it failed to pay. Enron ran into financial problems before they could finish building the power plant and their shares in the project were bought over by AES Corporation (the project became known as AES Barge). The power plant was completed and brought to Lagos and it began producing electricity. However, NEPA broke its part of the agreement. It received power from the barge, but instead of distributing it only in Lagos (in places designated by the Lagos State Government), it fed the power into the National Grid and distributed it across Nigeria. The power produced on the barge would have had an impact if it was only distributed in Lagos, but it became like a drop in the ocean when it was distributed across Nigeria. Worse still, the Federal Government debited Lagos' share from the Federation Account, despite the fact that the electricity was not solely being distributed in Lagos. That's what led to the complaint by the Fashola Administration in 2014. jideflash: https://www.nairaland.com/2194879/how-fg-cheated-lagos-state Photo: The then United States Assistant Secretary of State for African Affairs, Linda Thomas-Greenfield, visited the AES Barge power plant. Mrs Thomas-Greenfield later became the US ambassador to the United Nations. U.S. Mission Nigeria @USinNigeria A/S Thomas-Greenfield visited AES' innovative Ebute Power Barge in #Lagos yesterday. #PowerAfrica https://x.com/USinNigeria/status/409579713879752704
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Technology Market / Re: Clean S20 5G 12GB/128GB 180k by 100FIX1: 3:09am |
Hot |
Foreign Affairs / Re: Swiss 'burqa Ban' To Take Effect From 2025. by olabrad: 3:09am |
HitSong: Show me respect for human rights in Afghanistan, Iran and many other Islamic countries. If you can't, then you Muslims have zero right to even talk about human Rights in non-Muslim counties. You guys want to get what you can't give. 1 Like |
Technology Market / Re: Google Pixel 4a 5G 180k by 100FIX1: 3:09am |
Hot |
Technology Market / Re: Clean Google Pixel 6 Pro 330k by 100FIX1: 3:08am |
Hot |
Foreign Affairs / Re: Swiss 'burqa Ban' To Take Effect From 2025. by olabrad: 3:07am |
Uchasa: Lolz. You don't know them, that's why you said that. The new crops of Yoruba Muslims we have today are enemies of progress and very wicked. A "peaceful", "moderate" or "progressive" Muslim is one that lacks opportunity to be violent. Wait untill Muslims become the majority anywhere and you will see their true color. Islam is evil, irrespective of tribe 1 Like |
Politics / Re: Mahara Ji Warns Primate Ayodele: "Stop Evil Predictions Against Tinubu And Niger by VinnyBaba: 3:07am |
Lol, If It was Ex President Jonathan tenure we had this Hardship, Will Guru Maharaji say this Some Religious leaders are Tribalistic! Anyways, Guru Marahaji should NOT be taken seriously at all. In 2014 World cup, Super eagles lost to Greece and Oga claimed that it's because our player wore Blue pants. |
Religion / Love You All by Myprayercity: 3:05am |
Love is the best thing that can be given. God takes love as the most important aspect of living. God bless you all |
Technology Market / UK Used Dell Inspiron 5567 - 16GB RAM, Core i7, 4GB Dedicated, Affordable by ikechukz(m): 3:05am |
- Still in good condition - 16GB DDR4 RAM - 256GB SSD storage - 15.6-inch display - Touchscreen - Intel Core i7-7500U [7th generation] - Radeon R7 M445 Graphics [4GB Dedicated GDDR5] - Backlit keyboard - Numeric keypad - Battery life: Up to 3 hours, 30 minutes of video playback - Original charger included Price - 330k Call or whatsapp [preferred] - 080.91.0621.21 Please check out our website to see more tech deals 👉🏾 www.maxio.ng
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Politics / Re: Releasing Nnamdi Kanu Can Earn Tinubu A Chance,Pres Urged On Political Solution by BlessedGift: 3:05am |
Tor https://www.youtube.com/watch?v=4mJIijEwXp4 stuffs2002: |
Properties / Re: Man Discovers Neighbor Secretly Diverted Water He Pumped With Generator To Sell by kayowalemi(m): 3:04am |
🤣🤣🤣🤣 OMG!!! |
Politics / Re: Nigeria Not Among Top 15 Richest African Countries (picture) by 43Ronin: 3:04am |
Agbaya of Africa |
Romance / Re: When I And My Ex Reconnected by Gggjhhj: 3:03am |
badblackgod: Please how old are you, your love story sounds like that of a teenager or you are mummy's boy. This your love story na boys Wey just enter Jss1 dae experience am, and I feel you should be up to 23 So in space of 1 year, you or she did not see any other person to start a relationship with |
Politics / Re: Releasing Nnamdi Kanu Can Earn Tinubu A Chance,Pres Urged On Political Solution by stuffs2002: 3:03am |
gidgiddy: List of Unity Beggars in Nigeria are as follows: Nnamdi Azikiwe Ben Nwabueze Aguyi Ironsi Odumegwu Ojukwu |
Health / Re: Does It Have A Cure? by DEWKID(m): 3:02am |
Experts in the house? |
Business / Re: What Business Can I start With #1m In Nigeria And Get The Capital In 6 Months by DEWKID(m): 3:00am |
Politics / Re: Releasing Nnamdi Kanu Can Earn Tinubu A Chance,Pres Urged On Political Solution by stuffs2002: 2:59am |
ablejesus26: ablejesus26: E be like say bomb dey your head. APC is the largest party in the south east |
Car Talk / Re: Maintenance Tips For Honda Cars by Hybrid600: 2:59am |
Try scanning the car. It could be your oxygen sensors need replacing, air filter could be blocked or damaged... There are several reasons that will cause a car to be fuel inefficient... Damlesky: |
Travel / Re: Living In Canada/Life As A Canadian Immigrant Part 2 by Gerrard59(m): 2:59am |
slydog:Just be prepared to be accused of being an Uncle Tom. That is the funky name new immigrants get for voting Conservative Parties in the West even those who call names don't know how and where the shoe pinches. P.S. It was actually the Conservative Party in Canada that reformed the Express Entry sometime in 2015. 2 Likes |
Politics / Re: Nigerians To FG: After Prayers, Will Governance Change? by Bobloco: 2:59am |
After the prayers organized by Remi Tinubu and Nuhu Ribadu, should we expect a reduction in the price of petrol, which was hiked by her husband, or a reversal of the Naira floating policies that have made the Naira worthless? After the prayers, are we also looking forward to a reversal of all of Tinubu's 'bolekaja' economic policy prescriptions that have succeeded in plunging millions of Nigerians into extreme poverty? The truth is, if the above is not done, then the prayers are as useless and worthless as those organizing them. The current calamitous economic problems this country is facing were caused by Tinubu, and no amount of national prayers organized by Remi Tinubu and Nuhu Ribadu, without a reversal of these calamitous economic policies, can change that. |
Politics / Without Borrowing I’ve Paid N90bn Of N191bn Debt Inherited – Otti by Bobloco: 2:58am |
Governor Alex Otti of Abia State said his administration had, in 15 months, paid N90 billion out of the N191.2 billion debt inherited from the previous administrations. Also, he disclosed that Abia had recorded $159 million foreign direct investment between June 2023 and June 2024 under his watch. Governor Otti said these during a media parley Thursday night in Umuahia. He also declared that his administration had not borrowed money from any institution so far. Otti explained that he had been judiciously deploying the resources of the state for infrastructural development, payment of salaries and pensions as well as other financial obligations of Government. ‘I inherited N191bn debt’ Otti said: “I inherited N191.3 billion from my predecessor in May 2023. My predecessor inherited about N35 billion from his predecessor in 2015. “But today, my administration has paid over N90 billion of the debt we inherited. “We still pay salaries and pensions every month. And I have not borrowed a Kobo from anybody. “The achievements you see today are a product of prudent management of scare resources.” On the foreign direct investment, Governor Otti said that Abia had moved from the 27th position to the 3rd position in the states with highest foreign direct investment. He explained that the efforts of his administration to put in place the necessary infrastructure and other investment-friendly factors, had made Abia a destination for investors. According to Otti, “We saw the need to lay the foundations upon which investment drives would stand. And that is why a lot of investors are now coming into the state.” The governor argued that it does not make sense chasing investors around, submitting that they would naturally come when the needed environment is provided. “Investors don’t listen to platitudes, they look at actions. Without any campaign, we have had investors coming to set up their investments in Abia. “Apostle Chibuzor of OPM, the other day, brought a team of investors – one from Italy, another from Turkey and one from the US. “That’s why we are making sure we make Abia investor-friendly. “Akaikenga Think Tank also came, and we are discussing on how they would set tech hub in Abia. We want our people to come back and invest at home,” Otti noted. Agric investments, road construction Governor Otti also said his administration was making spirited efforts towards achieving food security. He equally disclosed that he had approved funds to 300 Abians who were recently sponsored by the state government to under-study modern farming in Nasarawa State. He further explained that the intention of his administration to establish Greater Ohafia Development Commission, GADO, was to ensure no senatorial district was sidelined in the development agenda of government. “Since we already have Greater Aba Development Authority, GADA; and Umuahia Capital Development Agency, UCDA, we need to complete the tripod and that’s what we have done to ensure even development in the state,” he added. On road infrastructure, the governor said his administration had awarded projects for the rehabilitation of more new roads to make all parts of the state easily accessible. He said the expansion of 5-kilometer Onuimo Bridge-Abia Tower Umuahia road had commenced. He added that contract has equally been awarded for 11.5 Ntigha Road, 11.27 Mbala -Ngodo Isuochi Road, 11.5 kilometer Obehie -Owaza Road in Ukwa, among others. Otti said he had secured the assurances of Julius Berger handling the reconstruction of the strategic Port Harcourt Road Aba that the project would be delivered on or before February 2025. He also said that work was progressing on so many other road projects as scheduled, including Umuahia -Uzuakoli -Ohafia Road, Ohafia-Atochukwu road, Ndiokorie Abam -Atochukwu road, and several others. The governor added that the zero-pothole policy of his administration was ongoing. https://www.vanguardngr.com/2024/11/without-borrowing-ive-paid-n90bn-of-n191bn-debt-inherited-otti/ |
Autos / Re: Toyota Corolla Sports Edition 2015 Model. by kelechi84: 2:57am |
First body paint. |
Agriculture / Re: Rubber Plantation: Someone Advise Me! by Gerrard59(m): 2:56am |
zanshi:Makes sense. This is located in which state? Can I DM you? |
Romance / Re: Facts About Bluefilm by bluefilm: 2:55am |
Tekashi89: I must say you know your way around in this business very well Kudos 1 Like |
Autos / Re: Toyota Corolla Sports Edition 2015 Model. by kelechi84: 2:55am |
Waiting for the lucky buyer |
Politics / Re: Kenyans Are Far Behind Nigerians In Every Aspect – Fani-Kayode by Obiano13: 2:55am |
The entire world is unanimously overjoyed with the election of Trump, no more so than in my country. Only confused elements are not happy. Not because Trump will help us but atleast he will derail many highly unwelcome American overtures in other countries. Good example is the US ambassador to Kenya who has been key in propping up a very unpopular regime erroneously believing they'd beat Trump and sustain their devilish acts. Not here fool. This bitcch even had the audacity to openly visit the electoral body IEBC so that we know who is in charge of coming elections and wear us out with mental fatigue so that their preferred dictator continues. Foolish bastard. These dems tried assassinating Trump and failed miserably when they sensed the coming momentum was unassailable. If they can do that in their country you can imagine what they can do in your country. Wait until Jan when Trump is sworn in she will be the first to be shown the door. Finally after Trump's win the Dems have smelled the coffee and dont want their dirty linen washed in public once sleepy Joe and lyin Kamala leaves office. These bastards have been silent since June and abstained from condemning senseless abductions of fearless youth by the rogue regime. Ruto and his minions are still seeing silhouettes of themselves in jail months later. Recently when all ambassadors from the so-called West signed a petition urging the butcher of Sugoi to stop the abductions and face the music the US ambassador completely refused to sign, obviously seeing no need as Kamala was winning and she would continue being fully behind it as long as their puppet was in power. That birch will be the first to go and the mission in Haiti will not be funded by Trump. Sese Seko's hope is turning the mission into a UN peacekeeping mission. Mofo, you cannot use Kenya's respected status to further private interests while behaving like an absolute a.hole at home. Haitians have seen what Democrats done to Haiti, complicity in assassinating Moïse, installing puppets, sending foreign mercenaries, backing gangs to justify occupation and using Haiti as proxy to get Venezuela. I hope Trump scorches all of US gov, especially the trash CIA. Obama stationed US troops in Somalia in 2014, Trump withdrew them in 2020, and sleepy Joe put them back within 1 year of taking office. These dems are obsessed with meddling. https://www.youtube.com/watch?v=T7_Ci2x_1hk I've warned people here severally about IMF's goals in Africa. I think those who still dont believe will understand the purpose of IMF in this video by an actual white man who knows what they do more than us. All your poverty is by design, manufactured, and if you keep playing ball to IMF's demands you will just get poorer and poorer ad infinitum! Just look at any country that plays by IMF's self-serving rules and see how surely they descend into absolute poverty. I am very worried for Nigeria because I saw they accepted IMF conditionalities after listening to quack advice from pseudo economics like General Dae and RIP, soon you will be like Ghana. I rem Generaldae refuting the extent of money looted from the Kenyan treasury by foolishly asking me the quantity of Kenyas foreign reserves. These are the types of guys giving you economic advice on how to run your country, similar to Ruto's David Ndii whose economic transformation plan was dimissed by the brilliant Kibaki as a first year econ paper and flashed down the toilet. Just saw a fellow Kenyan posted that two million Ghanaians outrageously apply for Greencard each year. You think shyt like that happens just like that? Its because of the dust the citizens have seen trying to repay those odious debts. Life is unbearable for the majority and the only escape is lefting the country for good at the slightest opportunity. IMF bastards have you where they want. If you ask Ghanaians what the govt did with all the loans they'll tell you they have no idea because they cannot feel it. These bastards wanted us in that mess too, fck them! In Mozambique in 2016, a corruption scandal was uncovered when it was discovered that the Mozambican government had taken out secret loans without parliamentary approval. The loans were given to three state-owned companies by London-based banks, and the money was stolen. The same idiots who stole the money are now refusing to leave power after being roundly beaten in the elections but since they work in cahoots with the west the latter cannot call them out. A debt is considered odious if it was contracted without the consent of the population and not for their benefit, so there is no obligation on you as a citizen to agree to measures of settling that debt, including punitive taxes. All is not lost though, atleast some citizens in Nigeria see through the BS and are ready to call it out for what it is like Hundeyin and co. The guy is rigt btw, if Ruto makes one more blunder after Trump is sworn we will uproot the bastard and jail him! https://www.youtube.com/watch?v=Ov_jAE-jUmw&t=273s
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Autos / Re: Toks Standard Acura Mdx 2006 Model (4M) by tropaz(m): 2:55am |
Technology Market / Re: Sony Wireless Noise Cancellation Headset - 08148578730 by ecomalchemistt(m): 2:54am |
SONY |
Education / Re: Why Are Private Schools Like This? by VinnyBaba: 2:54am |
Plz Mods, this OP Allotrope is a SCAMMER and is Likely this Overmars boy. See how he has been INSULTING Pple for their simple comments, he is now Stylishly begging for Financial give away for the OP. He claimed the OP is an Orphan which I don't think was stated in the post.😒 Mods, do NOT allow this Stealing by trick Tactics plz. Don't allow us to Scammed. 🙏😕
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Politics / Re: Wike Appoints Lere Olayinka As SSA On Public Communication And Social Media by MEGAWATCH: 2:54am |
Kelklein: Especially Yoruba people and Asari Dokubo. 🤣🤣🤣🤣🤣🤣🤣🤣 |
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