NewStats: 3,261,492 , 8,174,153 topics. Date: Thursday, 29 May 2025 at 12:22 PM 303a226z3e3g |
Tinubu Unveils $122bn Plan To Fix Nigeria’s Power Sector (14465 Views)
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BlackViper: 11:00pm On May 05 |
President Bola Tinubu has formally ratified and adopted a road map for the Nigerian Electricity Supply Industry by approving the National Integrated Electricity Policy, aimed at unlocking $122.2 billion in investments to overhaul Nigeria’s power sector. https://punchng.com/tinubu-unveils-122bn-plan-to-fix-nigerias-power-sector/?utm_source=telegram&utm_medium=socia 18 Likes 4 Shares |
Rossikk(m): 12:27am On May 06 |
Good one. Vision is needed. Nigeria is not like Ghana with 25 million people, whose power issue can be solved with 1 or 2 power plants. By 2045 Nigeria, currently at 250 million people, will be over 400 million in population, so we need a comprehensive plan to power the entire nation. 36 Likes 6 Shares |
dheilaw1(m): 2:46am On May 06 |
Ipob terrorists over to you. Rant as usual.
21 Likes 7 Shares |
2mch(m): 4:20am On May 06 |
All the trillions these electricity people are billing, you mean they did not reinvest 1 naira into improving their infrastructure and increasing the electricity available? I thought FG owned a percentage and privatizing means FG will not have to invest this much in electricity? Over 100 billion dollars is more than our current external debt. I think FG need to first meet with these private companies and have expectations of them. Seem some people are just collecting money and patching the infrastructure they met there. Don’t wait until everything collapse and they start faking surprise. Demand with what ever little ownership that they have expectations and are consistently audited. 31 Likes |
tollyboy5(m): 5:02am On May 06 |
For those of us that knew vision 2020, don't believe these lies. Electricity is not rocket science just like our famous power minister said it. If Tinubu four years can't fix electricity to a 70% efficiency then this government is a failure. Any government that want you to believe it will take years to fix electricity but embark on project like coastal highway way and other funny project is already a failure. They're just trying to enrich themselves and contractors. All sensible government will try to fix light. For over 60 years of Nigeria existence your government want you to believe by 2045 you will have constant light, they should have said that during the campaign. If this government do not fix electricity then they should be massively voted out 75 Likes 10 Shares |
bjdon: 5:18am On May 06 |
Also long as government is directly involved nothing will work. The government needs to totally withdraw from the power sector and confine it's role to regulatory affairs.
9 Likes 1 Share |
Borrow2222: 5:26am On May 06 |
Another opportunity for plunder, leaving us in a state of stupor. Only fools will trust your government. 52 Likes 2 Shares |
Chinjo2: 6:50am On May 06 |
The plan will go the same way as Nigeria refineries. Once they finish sharing the money shikena.
28 Likes 1 Share |
Chinjo2: 6:51am On May 06 |
Another conduit pipe to siphon public funds.
38 Likes 2 Shares |
malali: 6:53am On May 06 |
Even if Tinubu turns water to wine , at this point We really dont care. Release VDM. 3 Likes 3 Shares |
mrvitalis(m): 8:31am On May 06 |
I always think like an investor.. To get 24 hours electricity per day... Would cost 100 dollars a month average unless subsided by the government Nigeria GDP per capita is 880 dollars... So the average earnings in nigeria can only give 9 months electricity bill payments Why exactly would I as an investor invest billions in such an economy please Even if you say 50 dollars per month that's half of the average Nigerians earnings per year on electricity So it's obviously the Nigerian potential market for constant electricity is less than 5% of the population and majority of them already have 24/7 electricity via estate they live in... The rest are scattered in an unviable distribution 11 Likes |
EnEnPeecee: 8:36am On May 06 |
His own time to loot . The era of 16 billion dollars is still fresh in our minds. This era is now $122 billion. Keep looting mr bat from hell 13 Likes |
Noerection: 8:39am On May 06 |
Tinubu till 2031
79 Likes 1 Share |
uncommonmartins: 8:39am On May 06 |
Coming from someone whose house and office is powered with solar energy
12 Likes 1 Share |
Front0lane: 8:40am On May 06 |
Wailing wailer whixh part of alaigbo is your souless soul wailing from ? tollyboy5: 3 Likes |
dederocs(m): 8:41am On May 06 |
Mr President NNPCL must be probed, billions of dollars spent in the moribund refineries should be investigated and culprits unraveled, their assets seized and jailed.
4 Likes |
jubrilELsudan: 8:41am On May 06 |
$122 BILLION DOLLARS.....NA HELL FIRE DEM WAN GIVE LIGHT?
1 Like |
Segxydube: 8:41am On May 06 |
Rossikk: Oga shut up... Stop ing pple who don't like u 5 Likes |
oluwaseyi0: 8:42am On May 06 |
Why is no president or politician thinking of building another kanji dam altogether Obviously Nigeria needs at least 5 to 10 of kanji dam but our leaders are just looking for small and less than enough alternatives 3 Likes |
cornelman: 8:43am On May 06 |
Billions waiting to be looted. My oga Tinubu, I see you and what you're doing sir. Well done o The last was $16Billion, This one na $122 Billion. Ile to kun, enu to fe. People wey wan chop money don plenty. Electricity is a major dark hole for gulping money by politicians in this country. At the end, nah story dem go give us on how the people needed to build their personal generating station and transmission lines instead of leaving it to the government. Government of nothingness 3 Likes 1 Share |
happney65: 8:45am On May 06 |
bjdon: Exactly. All these so called billions wont work. They should hands off completely. Not the current sakamanje one they said they did. Wè dont want to see their faces in power again. With government still there like the above,wè wont have stable power anytime soon. |
Mrchippychappy(m): 8:45am On May 06 |
Cash out
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onuman: 8:46am On May 06 |
"if I don't give you electricity, don't vote for me in 2027." ...Tinubu in 2023. Desperation with another $120 billion public funds to be either wasted or squandered in the next two years. How much did Raji Fashola put into supply of electricity? Fashola is Tinubu's political ideologue behind the scenes. 1 Like |
opalu: 8:46am On May 06 |
Another grand plan to latch unto our collective patrimony
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SmartPolician: 8:47am On May 06 |
This is a massive cashout season for agbadorians, but I am not sure their dregs on Nairaland will benefit from this largesse ![]() |
ClearFlair: 8:47am On May 06 |
Hmm...but APC has not successfully executed any project
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SeeWahala: 8:48am On May 06 |
Hmm 🤔 this headline reads like Tilumbu reveals $122 Billion USD plan to use tax payers sweat and emPOWER only his cronies A very apt and wonderful headline isn't it ![]() ![]() 1 Like |
iwaeda: 8:49am On May 06 |
They are full of promises, but no action. Iam on Banditry A, Light can have Technical issues for days, but, only collecting our money. ![]() ![]() ![]() ![]() 1 Like |
tommy589(m): 8:49am On May 06 |
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DIVINEEVIDENCE: 8:50am On May 06 |
Government of propaganda. Tinubu 'unveils' plan and that is news. Very soon we'll be hearing news about Tulumbu's drug-ravaged thoughts, numerous nightmares and hallucinations. APC e-rats on overdrive since the days of the long-necked Mistake of Daura. Nonsense and rubbish. 4 Likes 1 Share |
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We Won’t Tolerate Cattle Ranches In Southwest, Says Afenifere
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