All we are saying, "#give us prepaid meters"

post=112597267:
Bring the tariff down biko.

A better Nigeria all around is all we want

Well, DISCOS have to pay staff, and pay for improvements, and they cannot do that with their hands tied behind their back in the name of cheap power prices set by government.

What sort of a country is this abeg.
So nah the masses course economy wahala abi . . .

subsidywise18:


Well, DISCOS have to pay staff, and pay for improvements, and they cannot do that with their hands tied behind their back in the name of cheap power prices set by government.

you deserve better 2x8 plank for head.

Ray07:
you deserve better 2x8 plank for head.

Thank you, and do have a good and prosperous morning. May whichever gods or divinities you serve bless you with whatever good things you wish for.

The previous ones do you approved it. We're in darkness and you still want to increase the tariff.

How many times this year

post=112597267:
Bring the tariff down biko.

A better Nigeria all around is all we want

Bring what down? Your Darling daddy is working. And you all must benefit This is one of the benefits. Una must get sense by force...

This is Nigeria where the citizens behave like Zombie. Government torments her right,left and centre but they prefer being tribal!

Already increase before ,am buying 60 peruniit

For 2weeks now we did not get light for ile-epo.. Abule egba- at d end of d month, they bring high bills for the house because we r not using prepaid metre.

You have not approved yet consumers are already paying, what a joke.

subsidywise18:
Well, they will have to.

1.Cost of business is rising due to the international rise in oil prices...which also affects gas.

2.Power companies are running at a loss, and even with government subsides (supposedly discontinued this year, but still around, IMHO), they still lose at least N1 trillion a year, because it is NERC, not the sector, that sets tarrifs.

3.The value of the naira is falling because we run an economy based just on the cost of crude oil...and right now , even with the rise in oil prices, we have to pay off debts, plus feed the subsidy monster...which means ....not enough forex to keep the value of the naira up.(We still have to save something too).

Ye cannot pay for power less than the cost it takes to produce power, and expect to have power 24/7. Ye have GSM because you pay for their service at the cost the GSM companies set.

Below: Page from the PwC report on power. Solving the liquidity crisis in the Nigerian power sector.

Ahhhh... Seems like this one is one of them sef. Thank God for NERC too, if jot for them you people's plan is to only give light to the rich alone, while the average masses stays in darkness.

Our electricity distribution company is full of greedy fools that came from hell.

Nonsense

subsidywise18:
Well, they will have to.

1.Cost of business is rising due to the international rise in oil prices...which also affects gas.

2.Power companies are running at a loss, and even with government subsides (supposedly discontinued this year, but still around, IMHO), they still lose at least N1 trillion a year, because it is NERC, not the sector, that sets tarrifs.

3.The value of the naira is falling because we run an economy based just on the cost of crude oil...and right now , even with the rise in oil prices, we have to pay off debts, plus feed the subsidy monster...which means ....not enough forex to keep the value of the naira up.(We still have to save something too).

Ye cannot pay for power less than the cost it takes to produce power, and expect to have power 24/7. Ye have GSM because you pay for their service at the cost the GSM companies set.

Below: Page from the PwC report on power. Solving the liquidity crisis in the Nigerian power sector.

and yet not even up to 10hrs of constant electricity

Jostoman:
the hardship must get to everybody

Yes, it's getting to him too. He has been silent these days

henrykene:


Ahhhh... Seems like this one is one of them sef. Thank God for NERC too, if jot for them you people's plan is to only give light to the rich alone, while the average masses stays in darkness

.

I actually do something completely different, by the way, but then again.....

Our electricity distribution company is full of greedy fools that came from hell.

Nonsense

Yes, because they cannot set their own prices, and because some of their customers , rich and poor and government, don't pay...so they would be greedy kind of...

After all, if you ran a business selling shoes , and 40 percent of your customers don't pay, and most of the remainder pay at prices below what you bought the shoes for, you would be as greedy as a disco....

harmargedon:
and yet not even up to 10hrs of constant electricity

Yes, because when government rules force you to charge at a loss, not at a profit, plus 30-40% of your customers are not paying, including those who can pay ten times over....you won't make much of a profit to fix things up, take care of staff welfare, and have something left over .....

Charge at a loss, you get what you charge for.

subsidywise18:


Yes, because when government rules force you to charge at a loss, not at a profit, plus 30-40% of your customers are not paying, including those who can pay ten times over....you won't make much of a profit to fix things up, take care of staff welfare, and have something left over .....

Charge at a loss, you get what you charge for.

I use a prepaid Meter, the charges have gone up. The people would care less about the price if they are given 24hrs power supply. But you and I know that if we pay Times ten of the current charges, we can never have steady electricity till 3046.

You will soon approve your death because Thunder will strike you soon

harmargedon:
I use a prepaid Meter, the charges have gone up. The people would care less about the price if they are given 24hrs power supply. But you and I know that if we pay Times ten of the current charges, we can never have steady electricity till 3046.

Well, if the sector is allowed to set its tarrifs, plus everyone pays...they would have enough money within 5 years to improve supply to existing customers.

The GSM sector was allowed to set its own prices, and today we have home internet, and can make international and national calls from most everywhere (am old enough to recall when most Nigerians had to go to a phone exchange to make calls, local and international, and a phone was a luxury)...because they could make enough of a profit to build all those antennae and lay all those cables across the country...ie build up infrastructure.

The power sector

1.Cannot set its prices.

2.Is forced by law to charge at a loss

3.A significant percentage of consumers don't pay.(even with meter...ye can bypass them. Meanwhile, you cannot use your phone without paying , and the era of cheats is over, and even if you use a cheat, you pay heavily in the future for it).

So expecting them to give 24/7 power is very impossicant...when they aren't even earning enough money to pay local taxes, among other things.

We have poor power supply because we paid for it. When we are ready to pay market price for power, like we do for GSM, and foodstuff in the market, we would get it steady.

subsidywise18:


Well, if the sector is allowed to set its tarrifs, plus everyone pays...they would have enough money within 5 years to improve supply to existing customers.

The GSM sector was allowed to set its own prices, and today we have home internet, and can make international and national calls from most everywhere (am old enough to recall when most Nigerians had to go to a phone exchange to make calls, local and international, and a phone was a luxury)...because they could make enough of a profit to build all those antennae and lay all those cables across the country...ie build up infrastructure.

The power sector

1.Cannot set its prices.

2.Is forced by law to charge at a loss

3.A significant percentage of consumers don't pay.(even with meter...ye can bypass them. Meanwhile, you cannot use your phone without paying , and the era of cheats is over, and even if you use a cheat, you pay heavily in the future for it).

So expecting them to give 24/7 power is very impossicant...when they aren't even earning enough money to pay local taxes, among other things.

We have poor power supply because we paid for it. When we are ready to pay market price for power, like we do for GSM, and foodstuff in the market, we would get it steady.

as long as transmission is still controlled by the government, electricity will never be stable.

harmargedon:
as long as transmission is still controlled by the government, electricity will never be stable.

TCN relies on the discos to get most of its income....which means they are affected by all i have said. (They may get a subvention from government, but much of their revenue comes from what the discos pay to them for transmission..and disco income is low....as stated in me previous posts. ).

Do you still want to approve it?

Why are you people insensitive to our plight?

When is the government going to increase salary?

When will the salary be regular?

Why are you people self-centered?

Workers celebrated workers day of recent without salary?

One of you had been paying percentage salary since he became governor, his people are dying but he has #100m to obtain presidential form..

What are you guys (NERC) waiting for ? Just increase the tariff already,gullible Nigerians are ready as usual to pay !

subsidywise18:


Well, DISCOS have to pay staff, and pay for improvements, and they cannot do that with their hands tied behind their back in the name of cheap power prices set by government.

provide prepaid meter for all, and charge what you want to charge. Allow fair competition and not the monopoly they enjoy. Then let the consumers choose how much power they want to use and pay for,and who they want to serve them. Shikena.

mazinaija:
provide prepaid meter for all, and charge what you want to charge.

Which is kind of what they are doing via MAP. Even then, the law allowing NERC to set the price needs to go.

Allow fair competition and not the monopoly they enjoy.

It's a good idea, and I even think they should let DISCOS compete against each other in their territory...eg, I don't like what IKEJA DISCO charges, but since KEDC charges cheaper, I get my Ikeja DISCO meter replaced with a KEDC meter, and voila! I pay less.

Then let the consumers choose how much power they want to use and pay for,and who they want to serve them. Shikena.

Yes, but at the end of the day, the DISCOS need to be in charge of the tarrif setting, not NERC...so that they can make the profits to fix things. Power ain't cheap.

jospepper:
"We have clearly said that we have an obligation by law to do minor review every six months to take care of inflation, forex and so on.”

Imagine this kind of trash! You do "minor" adjustment because of inflation and the rest.

But no adjustment in salaries and wages, abi inflation don't affect those ones?

No improvement in power supply.
Just imagine sending an estimated bill of n9000 for 2hrs of light the month of March. An increase of over n2000 for February when the power supply was a little better than March

Why must you guys extort the citizens?
Have you all sold your souls to the d.evil?

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Ninisun:




When you are contacted, you will quote 20k! Carry your advert shift one side.

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