Nigeria accuses Europe, others of blocking efforts to build power plants

Minister of Finance, Kemi Adeosun
Minister of Finance, Kemi Adeosun

The Nigerian government has accused western powers of being a stumbling block to Nigeria’s effort to improve its electricity output through the use of coal.

The Minister of Finance, Kemi Adeosun, made the allegation on Wednesday in Washington, U.S.A., during a discussion on the importance of addressing infrastructure gaps in developing countries at the World Bank, International Monetary Fund General Meetings.

She said improving power supply was the cornerstone of the Buhari administration, towards economic development, but said Nigeria was not getting support from western nations.

“We want to build a coal power plant because we are a country blessed with coal, yet we have power problem. So it doesn’t take a genius to work out that it will make sense to build a coal power plant,” she said.

“However, we are being blocked from doing so, because it is not green. This is not fair because they have an entire western industrialisation that was built on coal-fired energy.

“This is the competitive advantage that was used to develop Europe, yet now that Nigeria wants to do it, they say it’s not green, so we cannot.

“They suggest that we use solar and wind, which is the more expensive. So yes, Africa must invest in its infrastructure, but we must also make sure that the playing field is level,” she said.

Mrs. Adeosun said that in spite of the need for foreign borrowing to finance the country’s infrastructure gap, the strategy was to get the cheapest money.

She said Nigeria’s debt to GDP remained very low but that the cost of servicing those loans was high.

“Right now, we are being very conservative about our debt and we are trying to get the cheapest money possible from multilateral agencies,” the minister said.

“We are working very hard to make sure that we get multilateral funds first before we go to the euro bond market, which is a little bit more expensive.”

She added that the country’s strategy was to get public private investments because where Nigeria dedicated five years’ full budget to bridging infrastructure gap, it would still be insufficient.

(NAN)


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  • kiziking

    African will develop the day they understand and admit that the West is not truly in support of their economic growth and change their attention towards China, Asia, and Arab Countries. Europe and US know that their economy will collapse the day Africa will rise. So they don’t want us to get there. Rather they deceive us with bread politics, offering us millions of loans while in return they carter away billions from Africa. The strategy is to sponsor rebel groups in the region so that developmental resources will be used in enriching western arms dealers and time wasted in negotiations with rebel groups. Western politics = African Conflicts and poverty.

    • omo56

      Why cant the minister lobby Buhari to spend some of the billions recovered to build power plants?

    • Folahan

      You have summed up the problem and challenges that africa and Nigeria in particular is facing. The coming generation in nigeria that is sold to anything western, need to know this and understand that they are no friends to us, only a means to an end. The day that africa rises fully, that is the day that europe and US will fall

    • FEMI A USA

      You are fantastically correct. There are movement now to far East Asia and Eastern Europe where we are being treated equally. China is investing in Africa to take us from Aid on Western but these gullible will continue to push us toward them. South Africa member of BRICS and East Africa is benefiting tremendously from China and the country does not involve itself on internal matter of host nations. They like to be on good books of the Western nations where they enjoy vacations to their families. Shallow brains.

  • Factsay

    Move to China or Russia or anywhere else. Stop all these slave mentality and lamentations.
    Dont waste your time on a friend who doesn’t want your progress.

  • vagabonds in power

    Are we really serious about looking inwards to get Nigeria out of the economic recession? How serious are we in achieving the much-touted diversification of the economy? What policies do we have binding all arms and departments of government to ensure that goods that can be manufactured in Nigeria are no longer imported from foreign economies? Are government departments really adhering to the Central Bank of Nigeria (CBN’s) 41 prohibited items for the foreign exchange support of their importation? These questions arise in the face of the continued patronage of foreign manufactured goods even by governmental organs when such goods can be cheaply and efficiently procured from our local artisans and manufacturers. Worthy of particular mention is the reported importation by the military authorities of military gears, including footwear, berets, cardigans, belts, head warmers, and branded stockings from foreign markets worth 4.9 billion Naira or $14.1m (at the exchange rate of N305 per Dollar).

  • vagabonds in power

    SAME OLD EXCUSES BY THE APES IN APC

    • Kallah Bature

      ‘Vagabond’please be serious for once.

    • Iskacountryman

      dont mind the imbeciles…it is always someones fault…

      • Colonel Mariam

        you must be smoking something… are you talking about the Buhari govt or what?

        • Iskacountryman

          stop disturbing someone who smokes something…dont you have something better to do?….

          • S. Colonel Mariam

            well then lay off the pipe and stop killing brain cells smoking “something”… this explains why you talk rubbish .. only the” kate” soyemis of this world will vote for nonsense like this… sisis boy

          • Iskacountryman

            do you have a problem with yourself?

          • Striaght Talk

            no, I don’t… I am a different person from you and I definitely do not have your problems… with yourself. PREMIUM TIMES PLEASE BUTT OUT OF MY BUSINESS…COL. Mariam here.

          • Iskacountryman

            are you now quarreling with premium times?…abeg, no enter market…o!

  • omo56

    She must be joking. Long before oil, coal was our main source of generating power. Who stopped us from mining coal in the eastern part of Nigeria

  • Local Observer

    omo56

    This BUHARI regime is a cry-cry baby

    BUHARI regime is cry-cy baby. No country in Europe can dictate Nigeria’s energy uses
    except by mutually agreed treaty. So unless Nigeria had long ago entered into
    green energy multilateral treaty there’s no way the European Union can be wrong
    for holding Nigeria to that treaty’s standard. General Obasanjo kept reeking of
    inferiority complex and mistook official invitation to Nigeria as a country as
    Europe’s personal admiration of his horrid looks.

    General Olusegun Obasanjo’s inferiority complex made him run
    ahead to sign just about anything in the delusion he was being loved in person
    by a so-called international community which, by the way, has not cared for
    Obasanjo’s whereabouts since the year 2007. If Buhari does not want to end up
    as a comic relief for educated foreign envoys he should tap his rookie Minister
    of Finance gently on the shoulder, give her a Latin dictionary, and demand she
    looks up the phrase: Pacta sunt servanda.

  • Local Observer

    @omo56:disqus

    BUHARI regime is like cry-cry baby. No country in Europe can decide Nigeria’s energy
    uses except by mutually agreed treaty. So unless Nigeria had long ago entered into
    ‘green energy multilateral treaty’, there’s no way the European Union can be wrong
    for holding Nigeria to that treaty’s standard. General Obasanjo kept reeking of
    inferiority complex and mistook official invitation to Nigeria as a country as
    Europe’s personal admiration of his tribal marks.

    General Olusegun Obasanjo’s inferiority complex perhaps made him run ahead
    to sign a clean energy convention in the delusion he was being loved in person
    by a so-called international community which, by the way, has not cared at all for
    Obasanjo’s whereabouts since the year 2007. If Buhari does not want to end up
    too as a comic relief for educated foreign envoys, he should tap his own Minister
    of Finance gently on the shoulder, give her a Latin dictionary and demand she
    looks up the phrase: Pacta sunt servanda.

    • Nonameman

      “We have received several complaints about this OBASANJO charity and issues including alleged conflicts of interest and alleged financial misconduct. We currently have an open case in relation to the OBASANJO FOUNDATION and have been in contact with the trustees. We have recently become aware of further information about potential wrong-doing at the OBASANJO FOUNDATION which is of regulatory concern to the commission and we are
      currently considering this new information. We cannot comment further while our case is live.”

      …….Sarah Hitchings

      (United Kingdom Charity Commission)

      [May 16th, 2015]

      • ???????????

        WHY SHOULD IT CONCERN THE EUROPEAN UNION [E.U[ IF NIGERIA WANTS TO USE GRASS
        TO GENERATE ELECTRICITY IF NOT THAT NIGERIA HAD SIGNED AN AGREEMENT NOT TO?

    • Mufu Ola

      If Buhari govt is like a ‘crying baby’then all of us are.Her complain makes sense but the natural haters will be blinded into diverting issues.

    • musa aliyu

      Adeosun is here to stay, all those not comfortable should jump into the lagoon

      • Kay Soyemi (Esq.)

        Bruv, that is indeed the truth, but this call by Madam Minister simply suggests that critical “out of the box” thinking as a panacea to our national ills is missing at Ministerial level.

        Let’s say the truth as it is.

        I am unimpressed by this statement from Madam Adeosun.

        • musa aliyu

          We’re definitely bound to interpret things the way we “understand” them. The media quoted what it wants to create sensation. The West gives facilities to augment the generation of electricity. Part of the conditions is it must be “green”. Our situation is such that we urgently need to get out of the mess at the shortest possible opportunity. Coal is such alternative. Our president just signed the French treaty. We can’t exist as an island. All the same,she or we have a right to complain.

          • Kay Soyemi (Esq.)

            True again, bruv.

            My point actually is that she was appointed as Minister, not to complain, but “do”.

        • Powerlessconscious

          She did not call for anything. You guys decided to interprete her comment to suit your want. This is just a news. I have seen more than 50 interpretation to Kemi comment. Which of those interpretation is correct? Just a statement in a meeting. Turned to war of word in Nigeria. God is surely greater than enemies of peace.

  • thusspokez

    However, we are being blocked from doing so, because it is not green. This is not fair because they have an entire western industrialisation that was built on coal-fired energy.

    This woman is talking nonsense. Having exhausted its energy blaming GEJ for its own incompetence, it is now time to play the patriotic game and start blaming the West. Only stµpid Nigerians would fall for such gimmick. For the sake of argument, why not ask China or even South Africa to help build them.

    But blame stµpid Nigerian governments since independence. Nigeria’s heads of state are quick to fly to western capitals and the UN to sign world treaties and agreements without reading the small prints or considering their own interest . It is only later that the governments wake up to realise what they have committed Nigeria to — as .Kemi Adeosun
    is just finding out.

    For example, Nigeria is one of the countries that ratified the UN Convention on Climate Change. Just last month, it was reported that President Buhari would, during his participation in the 71st UN General Assembly, sign the Paris Treaty on Climate.

    Did the Buhari government understood the implication for Nigeria, of what it was signing. Where was Kemi Adeosun advice when her boss was signing these agreements to curtail Nigeria’s use of fossil-fuel power stations?

    • Peter_Edo

      you are very stupid.This same argument of western nations was put up against China and India from the 1980’s. what did China and India do, they ignored it and today they are developed or at least way more developed than the 1980’s and China/India saw double digit GDP growth for most of the new millennium. The west meanwhile still have SEVERAL COAL POWERED PLANTS FUNCTIONING IN THEIR CLIMES…

      HERE ARE SOME FIGURES OF COAL ENERGY PRODUCTION OF WESTERN STATES !

      UK – 6342 GW OR 634,320 MW – 2015

      USA – USA – 1.4 TW or 1,400,000 MW – 2015

      in Nigeria we are still struggling with below 5000 MW. and we have high quantities of coal which is actually low on emissions especially in the Enugu axis.

      • thusspokez

        Obviously your response would indicate that you have a poor understanding of the English language and logic, hence your inability to understand my comment, and your inappropriate response.

  • FreeNigeria

    Cheiii, Buhari administration of blame.

  • UOU

    Blame blame blame, blame everyone but yourself..blaming govt, blaming as a motto, principle and national anthem

  • Reality

    This administration is total failure.

  • International games

    Why are you people always saying ‘The West’. Are you afraid of saying WHITE MEN? Don’t die while you are doing gentleman and Lady.

  • Intrepid

    Where are your Engineers? Building of power plants is no rocket science, and even it was, the world have seen different types of rockets being launched by smaller countries. All we hear are how many Proffessors some people say they have. Angling for the so called Nigerian juicy appointments is all the sidon look Proffessors scrambling for. Big for nothing country, instead of investing on research and motivate those who can do it locally, we deride them and call them all sorts of name.

  • Martino

    She made sense. Kemi, ignore the West, go talk with China and Russia

    • vagabonds in power

      Mumu woman——————-the same old lies by the Apes in APC——-Is China not still using coal—then why are the western nations still investing in the economy of China—————? Buhari is now attempting to import uniform for our soldiers from the US when these items can be locally sourced–what type of country is Buhari trying to erect for us———-?

      • Colonel Mariam

        Good to hear from you after such a long absence. What too you so long? Your doctor must have increased the dosage for your head medicine which ordinarily slows you down and prevents the recurrence of your racing brain syndrome. I think you missed the point totally. Buhari is now setting the stage to blame the West for the failure of his administration.

  • vagabonds in power

    Are we really serious about looking inwards to get Nigeria out of the economic recession? How serious are we in achieving the much-touted diversification of the economy? What policies do we have binding all arms and departments of government to ensure that goods that can be manufactured in Nigeria are no longer imported from foreign economies? Are government departments really adhering to the Central Bank of Nigeria (CBN’s) 41 prohibited items for the foreign exchange support of their importation? These questions arise in the face of the continued patronage of foreign manufactured goods even by governmental organs when such goods can be cheaply and efficiently procured from our local artisans and manufacturers. Worthy of particular mention is the reported importation by the military authorities of military gears, including footwear, berets, cardigans, belts, head warmers, and branded stockings from foreign markets worth 4.9 billion Naira or $14.1m (at the exchange rate of N305 per Dollar).

  • Gidi

    Again, the current and past admninistrations are definitely clueless when it comes economic strategy and planning. If you think the west, under tremendous pressure to cub green house gas causing global warming, will approve loans to finance a coal fire plants in Nigeria, then APC led government is clueless as PDP.

    Even in US, according to EIA, the share electricity generated from coal is 33% in 2015 compared to 49% in 2007. And the number is projected to decline further as Natural Gas becomes more cheaper.

    With pressure from various environmental groups, Obama administration is ramping up more regulations to phase out Coal generated power plants in US to meet its commitment to carbon reduction.

    Now, the question reasonable people should ask our clueless policy makers is this: why would they think the west, vis-a-vis is proxy (World Bank or IFC), would approve a loan, investment or grants to build coal fire plants in Nigeria after committing to reducing its carbon footprint? Does our policy makers read the newspaper at all?

    Rather than going to Washington DC to beg world bank bureaucrats, that will not approve any such loans, why not seek out alternative routes? Forget the west they won’t approve any investment that contribute to global warming. Seek out private capital…stop wasting Nigerians time. And tell your judiciary to stop granting useless injunction that scare prospective investors away. Case in point, MYTO tariffs that was ordered to be reversed by a sitting judge, ignoring multiple contractual obligations, because Nigeria Labor protest the tariff increase. Such action can only put Nigeria in perpetual darkness.

    • Peter_Edo

      HERE ARE SOME FIGURES OF COAL ENERGY PRODUCTION OF WESTERN STATES !

      UK – 6342 GW OR 634,320 MW – 2015

      USA – USA – 1.4 TW or 1,400,000 MW – 2015 (THATS WITH REDUCTION FROM 33% TO 31% FROM 2014 – 2015)

  • Solomon Brown

    “In the meantime, I also want to thank the president[Buhari] for having been a great partner with us on a range of international challenges of great importance, including around issues like climate change”……
    Does anyone out there still wonder why this administration is clueless?

  • FEMI A USA

    Nigeria Central government useless at best. Never a period that they ever think straight. Always pandering to Western countries and USA. They were born into to find solutions to their to their problems. They always enjoy their colonialism and adaptations to their way lives. “A man has to do what a man has to” but not in Nigeria. What is stopping this idiots from supplying infrastructures to your own people? They are not creative and strategy for solutions until Westerner/s told they to do so. Here is President Rodrigo Duterte of Phillipines calling Obama to go hell because Obama criticism him on executions of criminals. Can Nigeria or the rulers does that to Westerners? Mr. Duterte is dealing with security on his land and voted into office because of it and foreign power has to dictate to him what to do. Nigeria will never progress with these dullards.

    • Colonel Mariam

      Rodrigo Duterte is a murderous barbarian, period. You cannot just start executing people based on sentiments alone. President Obama is right in condemning his illegal actions. His actions are akin to the execution of three young men by Buhari on account of a minor drug violation which occurred well before a law(or decree in this case) was enacted. You could be arrested the next time you visit Nigeria just for being a Nigerian leaving abroad. The bulk of those critical of the current govt of Nigeria happen to live abroad just like you. You could be headed for a summary execution on account of your current place of domicile. Now think about what I just said here. President Obama is right to take the moral high ground on this human rights issue and I support him.

    • share Idea

      Have you forgotten that the administration had their campaign promotors from America, same way Buhari’s autobiographer is an American in-spite of millions of educated Nigerians. The government does not believe in anything Nigeria.

      They called all Nigerians thieves with the hope that their saints (Western people) will be their best friends, rather, they started calling him and his people FANTASTICALLY CORRUPT people. Nigeria we hail thee

  • LadyRosely

    Why not go to China and have them built a coal power plant for you???

    Talk is cheap. Deceive the Sai Buharists not the Sane ones

  • LadyRosely

    Give Nigerians funding and free licenses to build coal plants and get off the way. Come back in 3 years and commission your plant. STOP PURSUING OYIBOS AROUND. Can’t Buhari stop this foolishness

    • Kay Soyemi (Esq.)

      Thanks, LadyRosely.

      I don’t know why our Minister couldn’t come to this same, easy but effective reasoning.

  • SAM .A

    Madam Minister , pocket your accusation , the world is moving away from coal to renewable energy like wind ,solar , hydropower , biofuels ,biopower , geothermal etc. Coal that you are running after is a thing of the past . The whole world is going toward renewable and putting coal behind . Is Nigeria just waking up to the reality of Energy as pivot of their economy ?

    • Omoba1

      You can imagine her. To degrade our environment for future generation.

    • Cincinnatus

      Cost of those technologies are still too high for us. Coal is the cheapest option and considering our situation, cutting cost is primary. Global warming is real but the CO2 the western nations are pouring out is ridiculous. They have the money to build green energy systems and let poor nations use some fossil fuel instead to industrialize, raise some money, and then move to green energy. The great powers don’t want to cut their own emission, slow production and spend money on building the green infrastructure like Jill Stein proposes. They are just acting against us for their own short sighted money interest.

  • Nobody’sPuppet

    Buhari’s government is entirely shameless, clueless and full of propagandists. The blame game has now crossed the shores of Nigeria. They are now blaming the west for their incompetence. I will not be surprised to hear that the blame game has been shifted to Obama for helping them rigged the election.

  • Omoba1

    Kemi just makes some statements that makes one wonder if she is sensible at all. The world is moving away from degradeable energy source. What is the benefit to degrade the environment because we want power? If we had done what is right initially, we would not find ourselves in this mess

    • George

      APC SHAME

  • ayobamiba

    This government is fighting against the wind,this is the worst that can happen to any nation. Buhari is a classic example of a man groping in total darkness .may God punish all those who forced this calamity of a government on Nigeria.

    • George

      AMEN

  • Ifeanyi

    This is really embarrassing, coming a few weeks after President Buhari signed Paris Agreement on Climate change. Like Donald Trump, Kemi doesn’t seem to believe in climate change.

    • George

      This Buhari government never believe in anything except Cow grazing land

  • evidence

    From blaming Jonathan, to blaming Nigerians, to blaming the western world. 
    This clueless and inept administration will never stop the blame games. ‎

    • share Idea

      You forgot to add that their clueless leader (Buhari) once asked God why he allowed him to win election under the current economic situation. Nigeria we hail thee

      • evidence

        That’s true, he’s also blamed God. Lol.‎

    • George

      They are saying the CHANGE must start with the EU

      • evidence

        Lol. Clowning administration. ‎

      • onyisi

        you know what my oversea friend of mine once told me, ‘your country is a comic set of people, anytime i’m bored i just go to your newspaper online and laugh and laugh after reading your comments in social media, it always make my day’ and he ask, is this the best they can get out of social media?

        • joe

          And that is the biggest challenge this country is facing right now. That is what scares me the most. Millions of Nigerians do not have sane minds. What people say and do can almost be attributed to a state of lunacy. Just read what folks here are writing. I am not sure if it is the poverty or an extended period where corruption has become a culture. A lot of Nigerians do not know what is right from what is wrong, what is crime and what is not, what is sane and what is insane. Nigeria is a nation that has lost his mind.

  • marig

    So depressing listening to mrs. Adeosun. Whenever she opens her mouth, you want to close your ears.

    • George

      They won’t go to China or Russia because that will stop them from the blame game of the Duara president Buhari.

      When you appoint an ASS—-HOLE this is what you hear daily

  • Niyi Akinlabu

    We keep hearing rubbish from this Disqus forum “the world has moved beyond coal…” What gibberish! It’s simply obvious where all these came from.
    Is it just coal that the world has moved beyond? Has the world not moved beyond crass stealing of public funds that your past principal, “Dumbo Fortunate” foisted on us? Has the world not moved beyond people not having 24-hr electricity for their personal and business uses? Let them use anything that can give us steady power.

  • George

    This is what happen when nonentities are in power.

    So many blames without any responsibilities.

    Who in the first place brought this ass/////hole as a nation finance minister.

    I hope that Tinubu is satisfied now

    • Doffi Atoshi

      This Asshole is a pack of brains and more than your mum.

  • lakande1

    This is nonsense. Currently there are over 2000 coal power plant in China and over 1000 under plan, 90 in Japan and 45 under plan, 468 in Europe, 589 in India and 446 under plan, 79 in South Africa and 24 under plan. Invite China or India if the west are not ready to finance a coal power plant in Nigeria and stop all these flimsy excuse every time. Before its 16 years of PDP, now it’s the western countries. Abegi jo.

    • onyisi

      pls don’t always react to issues you don’t understand. I watched her presentation yesterday, oyinbo were stunned and could not help but agree with her. They even suggest a way out of the problem. Yesterday, she was not speaking for you confused nigerians only, but for the whole third world countries. Believe me, when the suggestion put forward by oyinbo is sanctioned, other under-develop countries will run with it, but nigerians will remain where we are because we will be abusing ourselves, and playing blind politics that are mainly ethnic in coloration.

      • joe

        Thank you for that answer. You saved me a write-up 🙂

  • anonymousbychoice

    Kenya stock exchange just surpassed nigeria for the first time ever. FYI kenya has a gdp 1/8 of nigeria’s gdp and a growth forcast of nearly 5%. meaning foreign investors are moving to kenya for african investment instead of nigeria as we used to get.zuckerberg next destination was kenya after the nigeria visit. this your govt should tread carefully tell your judiciary to stop granting useless injunction that scare prospective investors away.

    • joe

      The judiciary should not tackle crime and corruption anymore so as not to “scare prospective investors away”? So the government should “tread carefully” and should let criminals and corrupt-politician have a field day? Only criminals or potential criminals are scared by such injuctions. We have enough of such in this country, so let them be “scared away” and stay away 🙂

      • anonymousbychoice

        if thats what you think i meant then you misunderstood me. constantly granting injunctions that overrules any court rulings is not exactly a welcome mat for foreign investors as Nigeria is not their country and so have no say in it. there are loads of example to pick from which i’d rather not. it stinks of desperation to recover forex a the expense of their investments.

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  • igboham

    Get coal and kill your people. How much will you invest in hospitals and doctors? Are we in the year 1900?

    • thusspokez

      How much will you invest in hospitals and doctors?

      You make a very important point that Nigeria governments seem to ignore. It is also for this reason that I can’t see Nigeria hosting FIFA World Cup or the Olympics.

  • Watch man

    I am so happy with the boldness and disposition of Kemi on this issue. She has made Nigeria proud and I pray God protects her from the global sharks and hawks who keep dictating to developing countries how to ” un-develop” through the doctors of death (IMF/World Bank). This is the kind of boldness that was lacking in Okonjo Iweala (the economic hit woman of the Bretton Woods Institutions). Kemi, kudos to your efforts.

    • thusspokez

      Did the West force Nigeria to sign Climate change agreements to curtail its use of fossil-fuel power stations? I am sorry but this would be like willingly signing an agreement to ban the consumption of ‘amala’ and later complaining that others are stopping you from eating the damn thing.

      • Watch man

        You are not wrong. But if you read my other post you would notice that I chided Nigeria for always rushing to the West to get “permission” before they do anything good for Nigerians. I therefore urge them to stop such unwholesome patronage.

        • Otile

          Where else is Imam Buhari going to borrow big to develop the North?

  • Watch man

    The neocons developed their regions through coal power and then initiated the hoax called global warming/climate change to moderate the development of the developing countries by selling the criminal concept of green gas to the world, which they are badgering the developing nations to sign on to. By the laws of thermodynamics, there is no such thing as global warming. It is on record that the Western nations burn more fuel (especially USA) than other nations. If not for bad belle and wickedness they have no right to stop Nigeria from using the God-given minerals they have.

  • Watch man

    I would also advise you, Kemi, anytime you guys want to do anything good for Nigerians you must stop going to ” take permission” from the doctors of death (Bretton Woods).

  • Watch man

    USA is number one terrorist country in the world that keeps bullying other countries and whipping them into submission so as to maintain their egocentric hegemony of the Hegelian dialectic. Nigeria govt must stop patronizing them NOW!

    • Maverick

      lsIam is the worst terr0rist group in the world. USA may be second.

  • emmanuel

    Kemi is at best a runs girl in the midst of her sugar daddy and his friends, who in a bit not to be out of place, introduce a subject way out of the blue.
    Coal? okay, what about Gas, Thermal, Solar etc?
    infact, Kemi needs to be treated at a psychiatrist hospital. A typical SSS2, student who is a bookwarm can graduate with a first class economics from the university when all academic conditions are in place.
    We have recorded several Nigerian married women who go abroad to study, come out with first class. But that does not guarantee meaningful life exposure.
    Kemi is a misfit and should be demoted to a permanent secretary in Ministry of women affairs or director in ministry of finance to oversee RAMFAC.

    • Vegann Tiger

      Na fight?

    • thusspokez

      Kemi is a misfit and should be demoted to a permanent secretary in Ministry of women affairs

      Well, She is a politician, whereas a permanent secretary is a civil servant. So she would need to go through the civil service recruitment process and not just demoted into a job in that service. Given that she is a graduate of the second to the worst university in London, I can’t see her making the permanent secretary grade.

      • emmanuel

        i disagree with you on Perm. Secs. Check the proviions for appointment of Perm Secs,
        They are either by career growth or by appointment,
        Kemi as a woman does not know how to apply pancake; how much more make-up. Na dat kind woman be minister of Finance in a country were a crook like Dangote operates and kill the competition that pays taxes, thereby holding on to monopoly and refusing to pay taxes.
        If we must get out of the current depression, Dangote must pay taxes and import duties.
        Afterall, all the Cement and FMCG in same insudtry with him employ Nigerians too, invest in Nigeria and pay taxes. The others source their FOREX from anywhere, even from the bush, while Dangote source his own from BN at oncessionary rates.
        Kemi, Coal is not our problem. Na kwarafshen. Abi we nor get gas?

  • Otile

    Kemi Asshole has misfired again, why is she blaming the Western countries, is Jonathan not around?

    • Maverick

      Don’t mind them.

    • Chukwuka Okoroafor

      I don’t think she misfired here. She might have hit the bull’s eye on this issue.

  • Commentsfile..!!!

    it takes courageous to respond to most of this Irritating comments bellow.
    often times after reading through the comments, I lost the energy to put down my opinion because
    most of this negative comments are not written with the full knowledge of the main issue raised in
    the write up, most lacks COMPREHENSION which is one of the core aspect of learning from the 3rd
    grade. is this really our best as a people? the Financial minister made a direct accusation which Is
    real and a true situation of events and instead of Nigerians to get informed about how Europe and
    America foreign policies work when it comes to energy, economy security and trade towards
    Africa one will understand the frustration of the FG through Mrs Adeosun. let me tell personal experience,,
    in 2007 I was researching on solar energy and have to visit some of the companies in Europe, when I met
    a company in Germany the individual was very open and direct to me..so he asked which part of the world
    im planning to use the products ,i responded .. west Africa . he told me that they have a program where I can
    partake in a seminar for weeks to learn and understand how the solar system works but they will never sell to
    me, because the European policy when it comes to energy does not support that at that moment.. none is being
    produced for Africa market at that time… the outside world always tell what fits them when it comes to Africa .
    I like Mrs Adeosun`s courage cos since 2007 till now if anything about the west and Africa has changed.
    @ugocha1981 thanks for your comments.. all you said is true! Africa = worlds trashcan.

  • Vim

    The level of uneducation displayed by our officials would’ve been comedic were it not so damaging.

    Why ask for support for coal, when it is so damaging for the environment and Nigeria has a terrible environment maintenance track record?

    The other thing is that our competitive advantage in terms of power supply lies in gas fired power. We also have strong hydro potential.

    In terms of expensive solar, it was govt that went ahead to negotiate highly expensive solar despite World bank telling them that competitive bid process will fetch cheap solar – World bank did it in Zambia and the tariff is one of the lowest around the globe

    Plus you do not dictate to an investor what they will invest their money in. They will tell you for what purpose they are prepared to give you their money.

    Why is the power minister not the one going to make this case?

    • Maverick

      Why then did you cry when PresiDunce Buhari proposed Nuclear power?

    • Otile

      You know very well that if Fashola made the case people would go crazy, perhaps there would be a violent revolution in the land. People would rather listen to Kemi than Fashola for good reasons. Buhari is not doing his cabinet any good by retaining the ilks of Amaechi and Fashola.

  • Maverick

    Leave them and go to China it Russia for help

  • Don Corleone

    THIS ADEOSUN WOMAN CONTINUES TO DRAMATIZE HOW UNFIT SHE IS TO BE A STATE FINANCE COMMISSIONER. SHE’S SIMPLY OVERWHELMED WITH THE JOB OF FINANCE MINISTER APC AND BUHARI ERRONEOUSLY SADDLED HER WITH.
    SHE’S AGED OVERNIGHT SINCE ASSUMING THIS OFFICE COS SHE’S CLUELESS AND CANT FIND ANSWERS TO THE LEGION OF ISSUES CONFRONTING HER MINISTRY.

    MADAM,HOW RETARDED OF YOU IN THIS DAY AND AGE TO SUGGEST WE BUILD COAL POWER STATIONS WHEN EVERYONE IS GOING GREEN?

    IF THE WESTERN WORLD HAD THE AMOUNT OF SUNSHINE WE HAVE IN NIGERIA,THEY’D GO SOLAR.

    MADAM,PLS HELP YOURSELF,RESIGN.

  • Chukwuka Okoroafor

    Well Kemi, welcome to world government. They will use global warming and clean energy (though desirable to develop) to continue to stunt Africa’s growth especially.

  • Genusa

    HALLELUJAH!. Thank God is no more Jonathan to be blamed for every failure. Its Europe now.

  • Cincinnatus

    Madam Adeosun. Although they are right about global warming, they are just using it restrain you for their own benefits. This is normal for them to do. They are just gathering excuses to justify working against you presently or in the near future. They don’t want to reduce their green house gases output so they prevent you from building yours. They told India the same thing. Their minister told them to go and have intercourse with themselves. Do what you have to do to get it done. The eastern powers will help you. They understand what sacrifice means unlike our over entitled western brothers. We need heavy capital flow – No; We need arm against Boko Haram – No; We need access to their markets for trade – No. Every excuses they can come up with to deny you progress, they will take. They need you to be weak so they can exploit you easily and indulge themselves.

    Every eastern power nation knows what it means to have to do what they have to do to save their people from misery because they wont get any help from these graceless powers in the west. Stop giving a damn as to what these entitled western powers want. They are not your friends. They have to work against you to sustain their “growth” in a finite world. Unfortunately, it has to be at your expense. Stop letting them deceive you with talks and smiles. You are not Singapore, Taiwan or S. Korea. Those nations offer significant strategic advantage in their region against China, DPRK and Russia. That’s why they had no choice but to give those nations what they want, which is access to the western markets in terms of trade, finance and technology. You have nothing to offer them. After all, they are already sucking money out of your hands without having to give anything but talk and smiles.

    • joe

      It feels good to know there some sane and enlightened nigerian minds out there.