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Nairaland Forum / Nairaland / General / Business / PHCN: Consumers To Pay More As New Owners Move To Recover Funds (20841 Views)
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PHCN: Consumers To Pay More As New Owners Move To Recover Funds by jerryben12: 3:51am On Oct 29, 2013 |
As new owners set to take over physical possession of the privatised companies of the Power Holding Company of Nigeria (PHCN), electricity consumers in the country may soon experience increment in their tariff following moves by the new owners to generate more funds. http://tribune.com.ng/news2013/index.php/en/business-package/2012-10-29-11-35-35/energy/item/25018-phcn-consumers-to-pay-more-as-new-owners-move-to-recover-funds.html |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by tundebj(m): 3:00pm On Oct 29, 2013 |
Let dem start first, market wl drive itself 3 Likes |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by Nobody: 4:40pm On Oct 29, 2013 |
Ok 2 tc What do you expect? At least in Lagos; ikeja, VI and yaba would have constant power because they can pay... Investors would make the necessary investments in these localities. However, the people at Iju, Ikorodu, Matogun etc esp., in those areas that do not fall in the master plan of the state can continue to leave in darkness moreover, they can not pay either. |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by bigx(m): 4:40pm On Oct 29, 2013 |
If the light is steady, No wahala 3 Likes |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by BabaAlabi: 4:41pm On Oct 29, 2013 |
It's only in Nigeria that subsidy is removed without any form of support for the people. It's only in Nigeria bikes are banned without alternatives. It's only in Nigeria electricity bills are increased without electricity being available. #Iweepformycountry. 36 Likes |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by Janko(m): 4:44pm On Oct 29, 2013 |
they dn start again.make them giv us light first. 1 Like |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by leksgcfr(m): 4:44pm On Oct 29, 2013 |
NERC please ensure that you leave up to the situation. Do not sign any agreement that will bring hardship on Nigerians.whatever you guys do, let it be in you that it is for the benefit of those who cannot afford to generate power in their homes via diesel or petrol. 2 Likes |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by OlowoB(m): 4:44pm On Oct 29, 2013 |
Of cos dat is going 2 be d normal thng initially but as more and more private investors come on board, d prices would go down. All Nigerians want is steady power supply. 1 Like |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by raytony: 4:50pm On Oct 29, 2013 |
Ehn, shebi after dem don cut am I go go hang my wire back. 4 Likes |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by holyjossy01(m): 4:50pm On Oct 29, 2013 |
First, I'm taking time to appreciate all those of you that had been on fp and also dose dat are still striving to be... Without you nairaland would have been a " boredom kingdom". Also, would lyk to thank mysef for being a sharp guy... Blah blah blah I made the front page for the first tym. 2 Likes |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by Sike(m): 4:51pm On Oct 29, 2013 |
*In Phyno's Voice* Yaaay! |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by vizboy(m): 4:51pm On Oct 29, 2013 |
na make we get light be the thing |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by Polio: 4:52pm On Oct 29, 2013 |
“We need to have a set of rules to guide the industry within this transition period when the losses will be validated. The tariff will be adjusted and the remaining few issues will be concluded,” The excerpt above culled from the report, is absolutely imperative. the rules and a platform to guide the transition period and a proper tariff structure. |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by bionicdude(m): 4:53pm On Oct 29, 2013 |
we know they will increase it.my only concern is dat they won't use it to exploit us like the telecommunication companies do by charging a high price with very poor service delivery |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by drdams: 4:53pm On Oct 29, 2013 |
Where is the Power? We are ready to pay.. Streak of Paper Tigers!! |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by 4llerbuntu(m): 4:54pm On Oct 29, 2013 |
How does any of this make sense? you will increase tariffs for estimated bills? u will just straight up legit be bringing gargantuan sums of money for light i didnt use or see? smh. 1 Like |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by 2rutalk1: 4:55pm On Oct 29, 2013 |
The main issue is constant power supply. Privatization always comes with hike in prices in the short-run. However, competition will certainly bring down the prices in the long-run, a case study of what happened in the Telecom industry at the post-privatization era. My only annoyance is total lack of power supply in Satellite Town, Lagos. Ever since I moved to this area 4yrs ago, there has been perennial power problem till date. Even when others are celebrating 20hrs/24hrs power supply in some quarters, Satellite town can not boast of 1hr power supply in a day. Worstill, you have to stay in darkness from Monday to Sunday. It is so pathetic here in Satellite Town. And it appears there is no end in sight to this malady. 4 Likes |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by simplynola(m): 4:57pm On Oct 29, 2013 |
Your Economic Principle is wrong. This is not like Telecommunications where competition will drive down price. More investors mean more profit sharing. How can they share profit when cost goes down. The purpose of investment is to make more money OlowoB: Of cos dat is going 2 be d normal thng initially but as more and more private investors come on board, d prices would go down. 2 Likes |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by habex050: 4:59pm On Oct 29, 2013 |
whichwayforwardnigeria 1 Like |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by Goldenheart(m): 4:59pm On Oct 29, 2013 |
Okay... I never see any bill o |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by Jayses(m): 4:59pm On Oct 29, 2013 |
If de bill becomes too much we shall have no other choice than to go back to I PASS MY NEIGHBOR And otherwise 2 Likes |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by skyscraperTM(m): 5:02pm On Oct 29, 2013 |
When i was young i used to be afraid of the dark but now that i'm matured when i see my electricity bills i'm afraid of the light. 22 Likes |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by talktrue1(m): 5:02pm On Oct 29, 2013 |
This is the way MTN milk our money when the issue of GSM started. Selling SIM card for N25,000 and some yrs later it was N100 and now buy 1 get 4 free with free credit inside. I thought it was a long term project, why should they recover their money in a short period of time 4 Likes |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by OkikiOluwa1(m): 5:03pm On Oct 29, 2013 |
O ga o! 40% of the FP topics are bad news. Wetin sef? PHCN is a small leach. Their new owner is a very big leach. Imagine them charging metre maintainance monthly. Yet, when your metre gets fault, na one road side electrician you go call. If you call PHCN people, dem no go answer you or better still charge you like armed robbers. 2 Likes |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by airclipse(m): 5:08pm On Oct 29, 2013 |
Its like they've started it already.... The recent bill we were given was 9K frm the initial 6K ...In my area I can tell u тнє number of times we had light WiтЂin last month yet the bill has been increased... 1 Like |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by Pvin: 5:08pm On Oct 29, 2013 |
I saw this coming. Pls I use this medium to plead to Emeka Offor not to show the true colour of Igbo's by makin d cost high yet, because he will definitly recover what he invested in no time. |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by emmawiz: 5:09pm On Oct 29, 2013 |
Yuck! So what? |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by Oyiboman69: 5:10pm On Oct 29, 2013 |
Dem Wan Gather Money 4 Our Hand,d One Wen Dem Don Dey Cheat Us Since Na?,who Wan Pay 4 Those Ones?,abi because We No Wan Answer Dem Abi?,arm Robbers |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by yankyone(m): 5:12pm On Oct 29, 2013 |
If d light wl be there for us.....no problem |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by pomporiking: 5:16pm On Oct 29, 2013 |
So why unit don already expensive |
Re: PHCN: Consumers To Pay More As New Owners Move To Recover Funds by simpleseyi: 5:16pm On Oct 29, 2013 |
Pls be reminded that the new owners of NEPA (becos I dont know PHCN) did not invest a single kobo so there should be no talk of getting any investment back. Obasanjo and Abdulsalami bought Lagos and Ikeja distribution zones with our oyel money which they looted, or can their lifetime salaries as millitary or as president be enough to buy NEPA? Same for buyers of other distribution zones. Let anyone prove me wrong. 8 Likes |
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