With a capacity to generate 30,223MW of power in Nigeria, the country is still in dilemma of producing Electricity to the people.
if we can manage to put these capability and capacity together, Nigeria will have a sustainable power to boost it's economics out put.
How to do this:
The pump price cap for Premium Motor Spirit (PMS) at N145 per litre,
The government must cut the price of pump price of petrol use by generators by 15%!...₦21.75k
The price of pump price of petrol use by generators at the discount price will ₦123.25k
Then the Fg will open a special account as Electricity generation and distribution account in which ₦23.25k will be remitted.
This will be continue until we generate enough money needed to generated the 30,000 MW the nation needed!
Application:
Any one needed fuel for generator will buy money order to be presented at petrol station at discount price of ₦123.25k/liter.
In less than a year The Electricity generation and distribution account would generated the amount needed to generate Electricity for the nation and put off the generators out of function!
oladeebo

oladeebo:
With a capacity to generate 30,223MW of power in Nigeria, the country is still in dilemma of producing Electricity to the people.
if we can manage to put these capability and capacity together, Nigeria will have a sustainable power to boost it's economics out put.
How to do this:
The pump price cap for Premium Motor Spirit (PMS) at N145 per litre,
The government must cut the price of pump price of petrol use by generators by 15%!...₦21.75k
The price of pump price of petrol use by generators at the discount price will ₦123.25k
Then the Fg will open a special account as Electricity generation and distribution account in which ₦23.25k will be remitted.
This will be continue until we generate enough money needed to generated the 30,000 MW the nation needed!
Application:
Any one needed fuel for generator will buy money order to be presented at petrol station at discount price of ₦123.25k/liter.
In less than a year The Electricity generation and distribution account would generated the amount needed to generate Electricity for the nation and put off the generators out of function!
oladeebo

out of 40million liters of petrol consumed daily in Nigeria, 1/2 of it is for the function of generators which is 20million liters.
if that 20 million is multiply by ₦23.25k(20m X 23.25)=₦465,000,000/day
per year it will be ₦169,725,000,000!
if ₦169,725,000,000 is injected into the production and distribution of Electricity, we will get-out of dackness!

oladeebo:
With a capacity to generate 30,223MW of power in Nigeria, the country is still in dilemma of producing Electricity to the people.
if we can manage to put these capability and capacity together, Nigeria will have a sustainable power to boost it's economics out put.
How to do this:
The pump price cap for Premium Motor Spirit (PMS) at N145 per litre,
The government must cut the price of pump price of petrol use by generators by 15%!...₦21.75k
The price of pump price of petrol use by generators at the discount price will ₦123.25k
Then the Fg will open a special account as Electricity generation and distribution account in which ₦23.25k will be remitted.
This will be continue until we generate enough money needed to generated the 30,000 MW the nation needed!
Application:
Any one needed fuel for generator will buy money order to be presented at petrol station at discount price of ₦123.25k/liter.
In less than a year The Electricity generation and distribution account would generated the amount needed to generate Electricity for the nation and put off the generators out of function!
oladeebo

And how does the pump price of petrol and electricity generation correlate?

Why 'tax' the petrol pump price? Why not importers of generators?

When you apply such 'taxes', you do not subtract from the pump price rather you add it on.

Why petrol and not diesel?

How do you ensure the 'subsidised' petrol is not used inside cars or resold higher?

AerialMapper:


And how does the pump price of petrol and electricity generation correlate?

Why 'tax' the petrol pump price? Why not importers of generators?

When you apply such 'taxes', you do not subtract from the pump price rather you add it on.

Why petrol and not diesel?

How do you ensure the 'subsidised' petrol is not used inside cars or resold higher?

i. because they were the same sources of energy
ii. it's not a tax but a discount price of pump price
iii. at N145 minus 15% per liter discount price, and government deducted another 15% and remitted it on an account meant for electricity generation and distribution
iv. it will include diesel
v. through money order, you buy petrol & diesel for generators with money order you bought from government.