2012年11月25日星期日

Kastina Solar Energy Project - Golden Chariot and Trojan Horse


The N13.7 billion 30mw solar project kicked off by Governor Ibrahim Shehu Shema in agreement with the Nigeria Germany Energy Partnership (NGEP) in which the German developers would develop and run the facility for 20 to 25 years is quite laudable coming at a time when energy crisis seem to defy any solution.However,Swimming goggles Public-Private Partnership (PPP) being a contract between a public sector authority and a private party, in which the private party provides a public service or project and assumes substantial financial, technical and operational risk in the project,there is need for the government to be more forth coming with the terms of agreement of the partnership without ambiguity. For instance, the Katsina State government should tell the people the equity share of the government in this project for the purpose of evaluating the expected returns on investment (ROI).
While exposing myself to the danger of being termed an alarmist,Luckily, this inconvenience can be minimized by using the required Cycling sunglasses. Due to this fact, go to your Optician repeatedly to remain updated about the health of your eyes. such fear would not deter me from asking for a fair deal for the people by demanding for probity and accountability. Already there are palpable fear about the non commission of the late Yar'Adua initiated 10mw project in Lambar Rimi. This fear was amplified by the management of Vergnet Engineering Company, the contractors. The company reportedly assured that the project was completed and ready for commissioning.The only thing delaying the commissioning was the inability of two of its engineers to come from France to inspect the equipment because they could not get visa for them. This sound really silly and sure rings a warning bell. I don't think there is any country, least of all Nigeria that will deny people with evidence of contractual agreement visas to come and inspect their investment. However,Rx glasses let's not jump the gun.
I should be happy that this project is located within my constituency but, even that would not deter me from ensuring things are done the right way.Sports glasses In any case, locating the project in my constituency was simply a matter of technical convenience.With an existing power sub station located in Kankia for easy upload of any generated electricity from the project I can't think of a better place for a location. Perhaps without that technical convenience, another neighbouring local government might have been home for the project.Safety goggles Having said that, let's analyse the major aspects of the joint project.Most public-private partnership project comprises high level of risk, due to the magnitude of financial stakes involved; uncertainties over construction and operating costs, and revenue-related uncertainties. There has to be balanced allocation of risks between public authority and private sector.

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