NewStats: 3,264,060 , 8,182,462 topics. Date: Monday, 09 June 2025 at 01:37 PM 60303c

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Who is gonna pay for them.

Because not all state have an ex minister of power who looted the country dry and use the proceed to establish a private power company

paxx:
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state governments establishing power plants will bring us back to where we were with federal govt controlling power (inefficiency).
Best for private sector to manage it.

If any state is ripe for private investments in power sector and investors sense there will be profits keying into that sector in the state, they will develope it and run it.

I expect business men to start Lagos power soon. Also Rivers state Abuja and Kano should be lucrative for business.
Era of hotel building by rich men will be over.

Codepain:
Because not all state have an ex minister of power who looted the country dry and use the proceed to establish a private power company

Every state in Nigeria has a politicians that looted the nation. So why ain't them using it to establish power company that will benefit their states?

Codepain:
Because not all state have an ex minister of power who looted the country dry and use the proceed to establish a private power company

He was building power companies before he became a minister

Codepain:
Because not all state have an ex minister of power who looted the country dry and use the proceed to establish a private power company

He was building power companies before he became a minister

But once he built one in his land, it becomes that he looted?

paxx:
...

Because geometric was a private company, done by someone with an active interest in the power problem in Nigeria.

NO businessman would invest in power supply issues in Nigeria. Especially since there would be no sufficient return on investment due to lack of cost reflective tarrif, and the high cost of gas.

I wish Prof Nnaji good luck, but he is going to have problems when it is time to collect tarrifs. Nigerians are notorious for not paying for power. When even Aso Rock is owing money to discos self...

Who then patronise mikano, SumecFirman, Elemax.... ?? Do you know how much those company pays to flood Nigeria market. You think Nigeria don't have capacity to Light the country up 24/7?.

Codepain:
Because not all state have an ex minister of power who looted the country dry and use the proceed to establish a private power company

And EFCC loves him so much that they didn't have the heart to arrest him?

The ministers from your region, who have misappropriated public funds during their time in government, what did they use those funds to establish for the benefits of your people?

That man Barthomley nnaji used his money and borrowed some from other places to build then power plant for his people to enjoy the benefits. He built it for years without making one single noise till fruition. That is very good of him.

ayokellany:
Story for the gods.
Are you claiming Igbo politicians do not loot.

Meanwhile, dangote is still building refinery in my lagos. He has been making noise about ut for years. Past Presidents have even commissioned it yet no single drop of fuel has been refined till today

I'm even hearing that he will sell/export the first 1 trillion barrels that is refined to recoup his production expenses before he faces us the owners of lagos to sell small remaining fuel to us at his exorbitant rate

Codepain:
Because not all state have an ex minister of power who looted the country dry and use the proceed to establish a private power company

Nigerian and jealousy is like 5&6. Fashion thief in the power sector but no one said anything

Tinubu during his time as governor brought this creative idea in front, but unfortunately, Obasanjo wasn't interested in Nation Building, you see this man in power, he's a blessing from God and an answer to our prayers, most people are just about to find out except the Igbo people crying for Igbo Presidency instead of good governance

Ebubu2:
state governments establishing power plants will bring us back to where we were with federal govt controlling power (inefficiency).
Best for private sector to manage it.

If any state is ripe for private investments in power sector and investors sense there will be profits keying into that sector in the state, they will develope it and run it.

I expect business men to start Lagos power soon. Also Rivers state Abuja and Kano should be lucrative for business.
Era of hotel building by rich men will be over.

States has more than enough to build one in a space of 4 years, private sector will only focus on big states with robust economy.

Tajbol4splend:
Tinubu during his time as governor brought this creative idea in front, but unfortunately, Obasanjo wasn't interested in Nation Building, you see this man in power, he's a blessing from God and an answer to our prayers, most people are just about to find out except the Igbo people crying for Igbo Presidency instead of good governance

Obasanjo left office in 2007, Tinubu boys have been Governors since the past 17 years, I guess it was Igbos that stopped the creative idea?

Codepain:
Because not all state have an ex minister of power who looted the country dry and use the proceed to establish a private power company

Hate is evil.

Tajbol4splend:
Tinubu during his time as governor brought this creative idea in front, but unfortunately, Obasanjo wasn't interested in Nation Building, you see this man in power, he's a blessing from God and an answer to our prayers, most people are just about to find out except the Igbo people crying for Igbo Presidency instead of good governance

What kind of blessings will make food unaffordable for his subjects,?

dettolgel:


Every state in Nigeria has a politicians that looted the nation. So why ain't them using it to establish power company that will benefit their state?

They are not interested since they can't get looting future benefit from it 😢

Lagos has up to 6 independent power plants but with lesser megawatts.I think 47.something megawatts.

Zupay:


Obasanjo left office in 2007, Tinubu boys have been Governors since the past 17 years, I guess it was Igbos that stopped the creative idea?

Obasanjo bungled the idea..


Lagos has up to 6 independent power plants but with lesser megawatts.I think 47.something megawatts.

paxx:
...

Gas turbine power plant is most sustainable power plant, for state that have enough gas deposit it will be hard for them to utilise because Gas is on exclusive list, Abia already have gas pipe line that through Aba and they are not far from where the source.

nairalanda1:


Because geometric was a private company, done by someone with an active interest in the power problem in Nigeria.

NO businessman would invest in power supply issues in Nigeria. Especially since there would be no sufficient return on investment due to lack of cost reflective tarrif, and the high cost of gas.

I wish Prof Nnaji good luck, but he is going to have problems when it is time to collect tarrifs. Nigerians are notorious for not paying for power. When even Aso Rock is owing money to discos self...

What do you mean he will have issues collecting tarrif?

It is going to be prepaid.

If you no pay, you no go even get light in the first place. When that one finishes, your light automatically goes off even when your neighbours have light.

He ain’t losing.

The only way he’ll lose is if thousands by meter which can’t occur because all the meters still belong to him.

Make all these hotel builders diversify abeg

Codepain:
Because not all state have an ex minister of power who looted the country dry and use the proceed to establish a private power company

Okpo, google his achievement in the United States before he return to Nigeria to commence the power plant.

Geometric na scam I'm here in and nothing like light here , I dey umuojima like this by police station

Edo state already have a functional one for the past 3 years called the OSSIOMO power plant. But the thing with most of the these independent power coy is their service is not cheap but you are guaranteed of stable power supply except when there is an occasional maintenance. My barber around country home road, ugbor GRA, have to ditch NEPA light and pack up his generator for the OSSIOMO power supply. He said regardless of the higher tariff it's cheaper and better than running Generator as a result of of the Epileptic power supply from NEPA. Most businesses, middle and high income earners are beginning to embrace the OSSIOMO too. Although stable and highly efficient but it's not cheap.

Truth is across the globe stable power/energy supply especially in western countries is not cheap.

odduduwa:
Geometric na scam I'm here in and nothing like light here , I dey umuojima like this by police station

Ignorant mind it's independent power plant, Abia is still under EEDC, gradual people will start connecting to their private lines which is more dependable and affordable

Bestmanfornow:

Ignorant mind it's independent power plant, Abia is still under EEDC, gradual people will start connecting to their private lines which is more dependable and affordable

ozu which abia is still under eedc , where is geometric opperating in ? Geometric remains the biggest scam , 12 hours after commissioning yet no light

Bestmanfornow:

Ignorant mind it's independent power plant, Abia is still under EEDC, gradual people will start connecting to their private lines which is more dependable and affordable

Truth but considering the significant amount investors pumped into it installation and investors also wanting to make profit and at the same time investing to keep the power plant and it infrastructure to keep running , the common masses already used to cheap electricity bills or even illegal connection won't see the price point as being affordable. But middle/high income earners or businesses spending alot on 24/7 power especially diesel will say it's more affordable.

If Nigeria should work, everyone must feel it one way or the other but the efficient services and awesome infrastructure will compensate for the cost but frankly speaking most of us are not ready for that. To many of us, as far as Nigeria has abundant amount of "oil" in the Niger-Delta everything should be free including evading and not paying the correct amount of taxes.

nairalanda1:


Because geometric was a private company, done by someone with an active interest in the power problem in Nigeria.

NO businessman would invest in power supply issues in Nigeria. Especially since there would be no sufficient return on investment due to lack of cost reflective tarrif, and the high cost of gas.

I wish Prof Nnaji good luck, but he is going to have problems when it is time to collect tarrifs. Nigerians are notorious for not paying for power. When even Aso Rock is owing money to discos self...

He surely will not have issues collecting tariffs.
The DISCOs do not have that as a problem. The metering system provides pre paid and post paid for those who can guarantee their payments as at when due.

Certainly no one will steal power through the back door because it is a private initiative. If you do not purchase power, you will be in darkness.

Look, Nigerians spend a lot of money monthly on the purchase of petrol and diesel for their generators. If you make an comparison of the cost of buying petrol and energy purchase, you’ll find the later far cheaper in the end.

Geometric has done well. Let’s see others invest in the power sector.

nairalanda1:


Because geometric was a private company, done by someone with an active interest in the power problem in Nigeria.

NO businessman would invest in power supply issues in Nigeria. Especially since there would be no sufficient return on investment due to lack of cost reflective tarrif, and the high cost of gas.

I wish Prof Nnaji good luck, but he is going to have problems when it is time to collect tarrifs. Nigerians are notorious for not paying for power. When even Aso Rock is owing money to discos self...

Even at that, it took almost 2 decades to deliver on the project.

Cantonese:


He surely will not have issues collecting tariffs.
The DISCOs do not have that as a problem. The metering system provides pre paid and post paid for those who can guarantee their payments as at when due.

Certainly no one will steal power through the back door because it is a private initiative. If you do not purchase power, you will be in darkness.

Look, Nigerians spend a lot of money monthly on the purchase of petrol and diesel for their generators. If you make an comparison of the cost of buying petrol and energy purchase, you’ll find the later far cheaper in the end.

Geometric has done well. Let’s see others invest in the power sector.

I agree with you, but you do not truly know the Nigerian mentality.

Many Nigerians who are well paid in private enterprise and whose power bill is not up to 5% of their salary, still by the metering system for their high power consuming electrical appliances like Air Conditioners.

It is very disgusting.