We Need Trillions Of Naira To Ensure Stable Power Supply In Nigeria - NDPHC

[1] 2
at 8-08-2015 01:09PM (4 years ago)

(3756 | Gistmaniac) (m)


Associate Head of the Niger Delta Power Holding Company, NDPHC, Professor Igwe Onuoha has declared that it will cost Nigeria trillions of naira to be able to generate the amount of megawatts required to give Nigerians uninterrupted power supply.

Noting that there is a very wide gap between the nation’s present capacity and what actually Nigerians need, Onuoha said, “there are distinctively specific things that Nigerians need to put in place in other to increase the generation but it is an expensive venture for a nation of 160 million people”.

The NDPHC chief, who was addressing Engineering students of the University of Benin (UNIBEN) during a seminar organized by SciEtech University Outreach, stressed that, “We are a country of over 160 million people; our grid is testing to sustain 5000 megawatts. 5000 megawatts means that you have 5 million watts of energy in the grid.

“If we are a 100 million, it means that every 100 people in Nigeria will have only one lamp. So if you have 5000 megawatts in the grid you can only support 100 people having only one lamp. If you want 100 people to have each a lamp, you multiply 5000 by 100 it gives you 500, 000 megawatts.

“On the average, one million dollars will give you one megawatt so if you want 100 megawatts you need 100 million dollars. The exponential multiplication means that you need far large amount of money to be able to generate power to make sure that every Nigerian has a lamp. We will be able to reach that point when we are able to get all the money to make that level of investment.

“But there are several sectors in our economy begging for commitment, so if we are going to close other sectors of the economy and concentrate on power, it means that you are going to have enough money to generate enough power for 160 million people,” he stated.


Slimchery at 8-08-2015 01:16PM (4 years ago)
(3553 | Gistmaniac) Online (m)

Another way to steal more money, I wept for my beloved country Nigeria after watching the video in the early days of Nigeria when Prime Minister Abubakar Belewa Visited USA July 25Th 1961, What a glorious welcome of a Hero and Great Nation of Nigeria, What happen to the legacy and pride of Nigeria? Just imagine Cameroon and Gabon deporting Nigerias, what a shame of a country were leaders loot treasury of the people to enrich themselves
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OlasubomiD at 8-08-2015 01:26PM (4 years ago)
(467 | Upcoming) (f)

Legal way to chop money
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Fashoney at 8-08-2015 02:24PM (4 years ago)
(1761 | Gistmaniac) (m)

Trillion $/# is a whole lot of money,but there are other means in which we could generate power supply to every citizen naw..
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papadip at 8-08-2015 02:27PM (4 years ago)
(7128 | Gistmaniac) (m)

Quote from: Slimchery on  8-08-2015 01:16PM
Another way to steal more money, I wept for my beloved country Nigeria after watching the video in the early days of Nigeria when Prime Minister Abubakar Belewa Visited USA July 25Th 1961, What a glorious welcome of a Hero and Great Nation of Nigeria, What happen to the legacy and pride of Nigeria? Just imagine Cameroon and Gabon deporting Nigerias, what a shame of a country were leaders loot treasury of the people to enrich themselves
The army ruined Nigeria.
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christianity at 8-08-2015 02:35PM (4 years ago)
(7321 | Gistmaniac) (m)

story for d gods of d land
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chealseafc at 8-08-2015 02:40PM (4 years ago)
(4429 | Gistmaniac) (m)

even if you are given $trillion,
will will still squander it.
no be today na.
we know all of una wey be head of organizations.
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gogoman at 8-08-2015 02:43PM (4 years ago)
(31814 | Addicted Hero) (m)

hey scammer una no go get any yeye trillion ok!!
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osarobo62 at 8-08-2015 03:23PM (4 years ago)
(11725 | Hero) (m)

 Cheesy Cheesy Cheesy ole! ole!
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PoliticxGuru at 8-08-2015 03:38PM (4 years ago)
(14192 | Hero) (m)

thieves
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Danas1 at 8-08-2015 03:51PM (4 years ago)
(208 | Upcoming) (m)

Even if PHNCN is given the money it won't still work..we have spent more than that already on power n still there is always story.
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nametalkam at 8-08-2015 03:57PM (4 years ago)
(18293 | Hero) Online (m)

Quote from: Slimchery on  8-08-2015 01:16PM
Another way to steal more money, I wept for my beloved country Nigeria after watching the video in the early days of Nigeria when Prime Minister Abubakar Belewa Visited USA July 25Th 1961, What a glorious welcome of a Hero and Great Nation of Nigeria, What happen to the legacy and pride of Nigeria? Just imagine Cameroon and Gabon deporting Nigerias, what a shame of a country were leaders loot treasury of the people to enrich themselves

Sorry to brother you air, but you were alive in 1961 when Tafawe Balewa travelled to USA or ure just saying for talking sake?

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beneno at 8-08-2015 04:10PM (4 years ago)
(25964 | Addicted Hero) (m)

oooooooooh
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presciousoluchi at 8-08-2015 05:00PM (4 years ago)
(1087 | Gistmaniac) (f)

What Nigeria needs to solve power supply Problem is Prayer.

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angesco at 8-08-2015 05:13PM (4 years ago)
(6688 | Gistmaniac) (f)

If Idi Amin of Uganda was alive he would have - "PRINT MORE MONEY!"
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SOGaiya at 8-08-2015 05:19PM (4 years ago)
(5469 | Gistmaniac) (m)

Kip dceiving gulible naija
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OOSSYY at 8-08-2015 05:34PM (4 years ago)
(1029 | Gistmaniac) (m)

STORY FOR THE gods, STUPID AND CORRUPT ANIMALS ALL OVER
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elchymo at 8-08-2015 06:37PM (4 years ago)
(22529 | Addicted Hero) (m)

Our history teacher is here. 1961... Roll Eyes Roll Eyes Roll Eyes
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edpete at 8-08-2015 07:59PM (4 years ago)
(1010 | Gistmaniac) (m)

Story story
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ignis99 at 8-08-2015 08:02PM (4 years ago)
(2843 | Gistmaniac) (m)

rubbish
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