N7.9bn Worth of Fuel Spent on Generators Every year

Professor Barth Nnaji, former Minister of science and technology says generators in Nigeria consume fuel worth N7.9bn every year to underscore the power supply crisis in the country......www.businessjournalng.com

Posted: at 22-10-2009 03:41 PM (15 years ago) | Gistmaniac

The value must be highly underestimated!!!  

Start by checking how much your household singly spend on fueling generators (diesel, petrol, kerosene, etc) every week. Relate than to some abstract number that satisfies your estimate of our population. Try it now....

You see how dishonest that estimate by the Minister is? The people who control and ultimately profit from petroleum are in government. The more there is no power, the better business for all of them. All told, my estimate would be in the neighbourhood of 1-2 trillion Naira. It is in their interest that the national power system shouldnot work.

How many years now since we have been wasting money down that line. Yet, people are alive to foll us all every day. Nigerians should GET ANGRY for positive change to set in. We shoudl take a cue from Niger Delta.

---

Posted: at 22-10-2009 04:37 PM (15 years ago) | Newbie

Who is 2b blame?

Posted: at 22-10-2009 05:30 PM (15 years ago) | Upcoming

So i have now become consultant on nigeria power sector

Posted: at 23-10-2009 11:26 AM (15 years ago) | Gistmaniac

infact the way his mind is Quick that is how his no6 quick thanks

Posted: at 23-10-2009 12:36 PM (15 years ago) | Gistmaniac