Biglittlelois:


@bolded

Biglittlelois:


@bolded

iammo:
If a president is foolish enough to sign bills rushed on his desk by the sinking 8 assembly headed by saraki then he isn't fit to govern

The same Saraki that snakishly added a cluase that stated result would only be acceptable only if it was sent electronically, just three month to election knowing fully well that even his kwara can't boost of 70% internet penetration over there landmass,

he greedily wanted to reorder election sequence , so that we could have wasted a whole weekend for senatorial election not minding inec overhead cost.

They tried pressuring Buhari using there twitter influencers, And Media but failed. I believe they would still fail.

That was how Jonathan was tricked to sign the worst sales agreement known to mankind by selling off PHCN to some few elites without any buy back clause or arcertaining if the new distribution company has capacity to provide meters And transformers. Till now just because of one mans hasty signature, we all have to contend with fraudulent estimated billing

Masterace:
MY BRO I TELL YOU WHAT YOU NEED TO START EATING FISH ON DAILY BASIS, IF EACH DAY GOES BY AND YOU SKIPPED EATEN FISH ITS NOT HEALTH WISE.. IF YOU ARE NOT CLEAR ASK #TheSonOfPeter BasketMouth

deomelo:
I don't see any ignorance in what he posted, the ignorance is on your part, obviously.

MrMcJay:
Saraki and his dying breed in the Senate want to surreptitiously send booby-trapped legislation for Buhari to sign. They think it's still GEJ in power?

Una say Buhari no go school, no worry. When e come from school, e go read am.

9jaRealist:


Quit making shyte up...

The privatization (actually partial privatization) of the electricity sector was done under the Electricity Sector Reform Act of 2005 - that is, a law enacted EIGHT YEARS BEFORE the actual privatization in 2013, not under any so-called “hasty sales agreement”. The reason the DISCOs are struggling are obvious. Among other things, Buhari’s federal government (which still own 40% of each DISCO) has not met its own part of the performance agreement and has not injected its own share of equity funding to enable the DISCOs rehabilitate and expand facilities. In addition, until the government regulator agrees to cost-reflective tariffs (currently held to about an average of N38 kw/h while generation costs about N52 kw/h) the DISCOs will always make losses and will never have attractive enough balance sheet to borrow from banks and debt-finance rehabilitation and expansion. Not to mention that in a country of an estimated nearly 200 million citizens there are just about 6 million registered customers inherited from PHCN records, while the military, police and MDAs continue to default on their electricity bills.

iammo:


Dyslexia or Aphasia which ever way I will help you understand the bolded since you prolly strayed from romance section
1. The Internet Penetration Rate corresponds to the percentage of the total population of a given country or region that uses the Internet.
2. landmass : a large area of land

Again i'll say it ,internet penetration in the totality of kwara from ilorin to offa isnt up to 70% due to unavailable telcom infrastructure, electronic transmission of data from rural poling unit requires data services which isnt available across 30% of the state... in this case madam inteligent should rural voters be desenfranchised .. reply with commonsense and not common meme

iammo:
.
Stop covering up for Jonathan
2005 reform act simply unbundled nepa to gencos transmission coy And phcn

As. Culled from wiki: On 30 September 2013, following the privatization process initiated by the Goodluck Jonathan regime, PHCN ceased to exist. In its stead, the Nigerian Electricity Regulatory Commission (NERC) was formed. The independent regulatory agency, as provided in the Electric Power Sector Reform Act of 2005 was tasked with monitoring and regulating the Nigerian electricity industry, with issuing licences to market participants, and with ensuring compliance with market rules and operating guidelines.[4]

PHCN Successor Companies

Following the 2013 divestiture of the federal government from PHCN, the company was divided into separate companies or entities called Local Electric Distribution Companies or Local Distribution Companies (LDC). Each company will be responsible for handling electricity distribution in each state or region.

As of May 2016,[5] the structure of the

. The link is available here for all sensible people to read https://en.m.wikipedia.org/wiki/Power_Holding_Company_of_Nigeria

iammo:
.
Stop covering up for Jonathan
2005 reform act simply unbundled nepa to gencos transmission coy And phcn

As. Culled from wiki: On 30 September 2013, following the privatization process initiated by the Goodluck Jonathan regime, PHCN ceased to exist. In its stead, the Nigerian Electricity Regulatory Commission (NERC) was formed. The independent regulatory agency, as provided in the Electric Power Sector Reform Act of 2005 was tasked with monitoring and regulating the Nigerian electricity industry, with issuing licences to market participants, and with ensuring compliance with market rules and operating guidelines.[4]

PHCN Successor Companies

Following the 2013 divestiture of the federal government from PHCN, the company was divided into separate companies or entities called Local Electric Distribution Companies or Local Distribution Companies (LDC). Each company will be responsible for handling electricity distribution in each state or region.

As of May 2016,[5] the structure of the

. The link is available here for all sensible people to read https://en.m.wikipedia.org/wiki/Power_Holding_Company_of_Nigeria

Biglittlelois:


Mr politics section, being frequent here doesnt make you intelligent, infact opposite is your case cos i dont see any award for it, probably makes you sleep well at night, who knows

Degrading a state and locality just to prove a point against the Senate President is stupid to say the least, make your point by sticking to the thread, stop foaming in the mouth about Internet penetration bla bla bla Mr. mast distirbutor

iammo:
as expected, shallow ignorant and alergic to learning, typical dunce slayqueen Lol. African magic yoruba local type.... Abeg fvck off my mention And let intelligent people argue our national politics And discuss

Biglittlelois:



You are one pained Apc apologist Pele, your zombiesm will cured one day don't worry.

iammo:


Ose aburo mi, am APC And proud.... you better join now.. lol

Biglittlelois:


Ta ni aburo e, a lai loju ti, Apc of all parties

skales67:
Jeez!

He didn't assent to "Climate Change Bill"...with the whole awareness about climate change and it's devastating effect on mankind?

Look at the typhoon that occurred in Zimbabwe, Botswana and Malawi with the thousands who lost their lives and others rendered homeless...that is the effect of climate change!

Why does this man hate us this much?

It will never be well with those who voted for buhari in Jesus name Amen...insha allahu, Amin

9jaRealist:


Quit making shyte up...

The privatization (actually partial privatization) of the electricity sector was done under the Electricity Sector Reform Act of 2005 - that is, a law enacted EIGHT YEARS BEFORE the actual privatization in 2013, not under any so-called “hasty sales agreement”. The reason the DISCOs are struggling are obvious. Among other things, Buhari’s federal government (which still own 40% of each DISCO) has not met its own part of the performance agreement and has not injected its own share of equity funding to enable the DISCOs rehabilitate and expand facilities. In addition, until the government regulator agrees to cost-reflective tariffs (currently held to about an average of N38 kw/h while generation costs about N52 kw/h) the DISCOs will always make losses and will never have attractive enough balance sheet to borrow from banks and debt-finance rehabilitation and expansion. Not to mention that in a country of an estimated nearly 200 million citizens there are just about 6 million registered customers inherited from PHCN records, while the military, police and MDAs continue to default on their electricity bills.

deomelo:
To start with, the DISCOs owe Nigerian Bulk Electricity Trading Plc (NBET) and Market Operator debts exceeding N536 billion and regardless of any agreement with the FG, the DISCOS can not survive or deliver any kind of meaningful service.

The Jonathan and the crooks involved designed FG subsidies into the privatization agreement to favor the DISCOs, it's called double dipping.

It doesn't matter what the FG is paying or not paying, they can not survive or deliver credible products and services because they not only lack the financial capacity to do so, they also lack managerial and operational skills needed to grow their operations.

9jaRealist:


Duh! Of course the DISCOs are owing because the government is not living up to its end of the bargain...
Furthermore, with loss-guaranteed tariffs (averaging about minus N15 kw/h), why would they be owing NBET?

Electricity is not like Akara balls, once produced it cannot be stored, which is why despite the huge electricity deficit in Nigeria, we have a ironic situation of almost 2000MW of “stranded” power (ie, electricity generated but which the DISCOs refuse to distribute because they cannot collect tariffs for same). Like our democracy, Nigerians appear to love the veneer of “markets” without its substance. SMDH

Nonetheless, glad to see that you have apparently LEARNED that it had nothing to do with a “hasty sales agreement”!

deomelo:







I don't see any ignorance in what he posted, the ignorance is on your part, obviously.

iammo:


If a president is foolish enough to sign bills rushed on his desk by the sinking 8 assembly headed by saraki then he isn't fit to govern

The same Saraki that snakishly added a cluase that stated result would only be acceptable only if it was sent electronically, just three month to election knowing fully well that even his kwara can't boost of 70% internet penetration over there landmass,

he greedily wanted to reorder election sequence , so that we could have wasted a whole weekend for senatorial election not minding inec overhead cost.

They tried pressuring Buhari using there twitter influencers, And Media but failed. I believe they would still fail.

That was how Jonathan was tricked to sign the worst sales agreement known to mankind by selling off PHCN to some few elites without any buy back clause or arcertaining if the new distribution company has capacity to provide meters And transformers. Till now just because of one mans hasty signature, we all have to contend with fraudulent estimated billing

deomelo:




Again, in case you missed it, what the FG is obligated to pay or not to pay is totally irrelevant because the DISCOs still have to come out of pocket to pay their own bills or maybe you mean the FG is responsible for their entire operations and financial obligations.

Btw, you are wrong, it was a crooked, corrupt, thoughtless, unrealistic, unpatriotic and hastily signed agreement. What's so private about an agreement that saddled the FG for nearly half of the DISCOs and FG subsidies? There's nothing private about privatization because the FG is still involved and on the hook for for hundreds of billions, even trillions forever.

The whole DISCO/Privatization agreement = SCAM.

NaijaRoyalty:
Saraki has done his part in signing the minimum wage bill of Nigerian workers.

But Nigerian workers shouldn't rejoice yet because buhari we all know will set up more and more committee to look into the bill before signing it .

Buhari is a saddist .

Self employment is bae.

deomelo:
Again, in case you missed it, what the FG is obligated to pay or not to pay is totally irrelevant because the DISCOs still have to come out of pocket to pay their own bills or maybe you mean the FG is responsible for their entire operations and financial obligations.

Btw, you are wrong, it was a crooked, corrupt, thoughtless, unrealistic, unpatriotic and hastily signed agreement. What's so private about an agreement that saddled the FG for nearly half of the DISCOs and FG subsidies? There's nothing private about privatization because the FG is still involved and on the hook for for hundreds of billions, even trillions forever.

The whole DISCO/Privatization agreement = SCAM.

Cantonese:


See the truth is that corruption, greed and insensitivity is a major issue in this country. The assets are bought up by them whether fully or partially privatized. They are the ones that lose their stolen monies invested there. Until corruption is dealt with completely this country will remain where it is.

Have you ever wondered who and who own the Gencos and Discos? They are owned by the same people that we fight ourselves to vote for.

The agreememt was carefully crafted to make government shoulder most of the responsibilities while they simply smile to the bank. The reverse is the case now as they are heavily indebted to the banks. Very soon estimated billing will become complete history and let's see how they move.

MrMcJay:


Who is talking about EFCC?

A sitting Senate President who has never lost an election was beaten by a newcomer who has never contested an election.

There is no greater humiliation than that.

Saraki used to dispense patronage but he's been stripped of everything and you're here yapping about EFCC.

reuben79:
so if som1 lost election he as lost politically for ever in ur mind?lol u r a political novice........ . sataki will bance back sure......is too young to fall.and i can asure u dat come back of saraki will retire many politicos in nigeria