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FG To Cancel Fixed Electricity Charge – BPE by etunoman76(m): 7:22am On Aug 21, 2014
The Director-General, Bureau of Public Enterprises, Mr. Benjamin Dikki, has said that the fixed charge currently being paid by electricity consumers in the country will be dispensed with as soon as power generation increases to an economically sustainable level.

Dikki said this during a live/phone-in radio programme, Radio Link on Radio Nigeria, in Abuja.

According to him, the fixed charge is a temporary measure.

The BPE boss said the country had an installed power generation capacity of 6,000 megawatts but was generating only about 3,000MW to 4,000MW.

Dikki, in a statement made available by the BPE on Wednesday, said revenues from the 3,000MW were not sufficient to support the power infrastructure.

“When power generation increases, the fixed charge will go,” he added.

He said the charge was the initial sacrifice consumers had to make given the huge financial investment made by the new investors in the power sector, who had yet to make adequate returns on their investments.

On complaints of non-availability of electricity meters, the BPE helmsman said the government was addressing the issue, as the Presidency had approved N33bn low interest intervention fund to support the power distribution companies to buy meters and other accessories.

He pointed out that Nigeria currently required three million meters yearly.

Dikki debunked claims of lack of transparency in the privatisation of the Kaduna Electricity Distribution Company and the picture created of a conflict between Geometrics Power Group and Interstate Electrics Limited, the core investor in the Enugu Distribution Company.

On the KEDC, he said the reserved bidder could only be invited to step in if the preferred bidder failed to pay up the bid price.

He added that the preferred bidder was within the time limit to pay the 75 per cent balance of the bid price after the initial payment of 25 per cent had been made.

The DG said it was wrong for anybody to call for the revocation of the sale as the process had to be completed before the reversion to the reserved bidder could be made.

On Geometrics, Dikki explained that it had a 20-year contract with the Enugu Distribution Company to supply power to the Aba and Ariaria districts, which was not in contention.

“Both parties are aware of this but it baffles me when people go out to deliberately distort the facts. We don’t understand the hue and cry that Geometrics is short-changed in the transaction,” he added.

The DG noted that the Bureau intended to focus on the transport sector in the next phase of the privatisation exercise as the sector was contributing about 30 per cent to the cost of doing business in the country.

http://www.punchng.com/business/business-economy/fg-to-cancel-fixed-electricity-charge-bpe/
Re: FG To Cancel Fixed Electricity Charge – BPE by Nobody: 7:25am On Aug 21, 2014
Bros Benji, we no dey enjoy light 4 lasgidi o. I no undastand d kind fermented dust wey u dey yan undecided

23 Likes

Re: FG To Cancel Fixed Electricity Charge – BPE by ictmikky(m): 7:32am On Aug 21, 2014
Sounds nice but we might end up still paying it one way or the other. Besides, the statement is conditional

7 Likes

Re: FG To Cancel Fixed Electricity Charge – BPE by Nobody: 7:07am On Aug 22, 2014
Ok ;what is economically sustainable levels? What animal is that? grin

5 Likes

Re: FG To Cancel Fixed Electricity Charge – BPE by Jaideyone(m): 7:07am On Aug 22, 2014
nice move
Re: FG To Cancel Fixed Electricity Charge – BPE by QMark: 7:07am On Aug 22, 2014
etunoman76:
“When power generation increases, the fixed charge will go,” he added./

As if this is going to happen anytime soon sad

21 Likes

Re: FG To Cancel Fixed Electricity Charge – BPE by sammieguze(m): 7:07am On Aug 22, 2014
Patiently waiting

1 Like

Re: FG To Cancel Fixed Electricity Charge – BPE by lotlord(m): 7:08am On Aug 22, 2014
Front page ooo
Re: FG To Cancel Fixed Electricity Charge – BPE by flyca: 7:08am On Aug 22, 2014
To?

Mtchewwwwwwwwwwww angry

1 Like

Re: FG To Cancel Fixed Electricity Charge – BPE by BrAkingNews: 7:09am On Aug 22, 2014
hmm
Re: FG To Cancel Fixed Electricity Charge – BPE by segradino(m): 7:09am On Aug 22, 2014
Its about time....

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Re: FG To Cancel Fixed Electricity Charge – BPE by pontirock(m): 7:10am On Aug 22, 2014
Wich Fixed Charge Sef,is It D One Dat Dos Pple Ddnt Even Comply Wif,bringin A Charg Of #3272 For Light Of Abt 10 HrsPer Day Instead Of D Normal #580
Re: FG To Cancel Fixed Electricity Charge – BPE by elisinho(m): 7:11am On Aug 22, 2014
Who cares anyway. There is no ligh for the past 2 months here
Re: FG To Cancel Fixed Electricity Charge – BPE by slimpoppa(m): 7:13am On Aug 22, 2014
They better do. And they should extend it to estimated billings too.
Re: FG To Cancel Fixed Electricity Charge – BPE by Ezedon(m): 7:14am On Aug 22, 2014
Why cant they improve on power sector, they re only interested in the money they collect from the consumer, due to power failure we've lost many companies in Nigeria, n the ones that are here are increased the price of their product due to incessant burning of diesel

1 Like

Re: FG To Cancel Fixed Electricity Charge – BPE by pussypounder(m): 7:14am On Aug 22, 2014
kk
Re: FG To Cancel Fixed Electricity Charge – BPE by lastpage: 7:15am On Aug 22, 2014
Director General BPE: The Director-General, Bureau of Public Enterprises, Mr. Benjamin Dikki, has said that the fixed charge currently being paid by electricity consumers in the country [size=18pt]will be dispensed with as soon as power generation increases to an economically sustainable level[/size].

Dikki said this during a live/phone-in radio programme, Radio Link on Radio Nigeria, in Abuja.

According to him, the fixed charge is a temporary measure.

The BPE boss said the country had an installed power generation capacity of 6,000 megawatts but was generating only about 3,000MW to 4,000MW.

Dikki, in a statement made available by the BPE on Wednesday, said revenues from the 3,000MW were not sufficient to support the power infrastructure.

[size=18pt]“When power generation increases, the fixed charge will go,” he added.[/size]

He said the charge was the initial sacrifice consumers had to make given the huge financial investment made by the new investors in the power sector, who had yet to make adequate returns on their investments.

The 'bolded" statement above is a sure way to ensure that those who benefit from the collection of that fixed charge, being the same people who are supposed to increase power generation, WILL DO EVERYTHING IN THEIR "POWER" TO SABOTAGE ANY POWER INCREASE, JUST TO MAINTAIN THE STATUS-QUO!

Its like tasking generator importers to ensure there is stable electricity! shocked shocked shocked

No! No!! No!!!

Lastpage!

21 Likes

Re: FG To Cancel Fixed Electricity Charge – BPE by ratiken(m): 7:15am On Aug 22, 2014
Fair comment, common sense
power generation and transmission is neither free nor cheap in any functional society. However, they should try and make the power supply uninterrupted.... There has been improvements though.
Re: FG To Cancel Fixed Electricity Charge – BPE by dridowu: 7:16am On Aug 22, 2014
Good Fellow Nigerians
Re: FG To Cancel Fixed Electricity Charge – BPE by cupid4ig(m): 7:17am On Aug 22, 2014
GEJ Is a listening president tongue

1 Like

Re: FG To Cancel Fixed Electricity Charge – BPE by Freelancer00(m): 7:17am On Aug 22, 2014
Obasanjo has been promising stable power since 1999. Its 2014 and Jonathan is doing the same. People in power be deceiving their people since 550BC

8 Likes

Re: FG To Cancel Fixed Electricity Charge – BPE by 3Dimension: 7:22am On Aug 22, 2014
Fixed charge will be removed if power is stable. Dikki 2014

In other words we are to continuously pay for dir lack of capacity to increase power generation.

Invariably there is a particular amount that must be realised from the gullible nigerians irrespective of the quality of service rendered.

3 Likes

Re: FG To Cancel Fixed Electricity Charge – BPE by hassymo5(m): 7:23am On Aug 22, 2014
As long as we no get meters na waste of time',cos estimated charges will continue....
Re: FG To Cancel Fixed Electricity Charge – BPE by Ekans: 7:24am On Aug 22, 2014
As if we have not heard that before.Who cares these days?, we are a conquered people already.

1 Like

Re: FG To Cancel Fixed Electricity Charge – BPE by Aidy97(f): 7:26am On Aug 22, 2014
We dy enjoy lite for lasgidi cheesy
Re: FG To Cancel Fixed Electricity Charge – BPE by AwesomeRomeo: 7:27am On Aug 22, 2014
.
Re: FG To Cancel Fixed Electricity Charge – BPE by Youngzedd(m): 7:27am On Aug 22, 2014
It's good.

Re: FG To Cancel Fixed Electricity Charge – BPE by RFella(m): 7:29am On Aug 22, 2014
Here in Airport road, Warri....our light na European own oh...we dey flexx am like say tomorrow nor dey...I no fit south
Re: FG To Cancel Fixed Electricity Charge – BPE by Donkaz(m): 7:29am On Aug 22, 2014
Pls do that quickly.am tired
Re: FG To Cancel Fixed Electricity Charge – BPE by olanshi: 7:33am On Aug 22, 2014
Since 1986, you promised no more black out! We are now in 2014, black out is still a major problem that has run down a lot of business. Billions of dollars has been spent yet no improvement at all, yet we pay for crazy bills, fixed charges extortion. Is this electricity a spiritual thing?



Oga Benji, pls save your story for the gods!

5 Likes

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