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Prepare To Pay More For Electricity – FG Tells Nigerians - Politics - Nairaland

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Prepare To Pay More For Electricity – FG Tells Nigerians by dotcomnamename: 10:25am On Feb 22, 2013
Another wahala don happen again for Nigeria O! grin
But to me, i will say To hell wit you and your electricity PHCN, me i dey enjoy the electricity for obodoyinbo land, cos am seeing and enjoying what am paying for. We knew that one before, nothing good can nevercome out of PDP.




ACTING Director-General, Bureau of Public Enterprises (BPE), Mr Benjamin Ezra Dikki, has advised electricity consumers in Nigeria to be prepared for increased electricity tariff.

This is just as the Managing Director of CMEC, one of the preferred bidders in the privatisation exercise of unbundled Power Holding Company of Nigeria (PHCN) successor companies, Mrs Heather Onoh, said it would take the company six months to rehabilitate parts of the Sapele power plant.

Dikki, speaking at the signing of Transaction and Industry Agreements (TIA) for the PHCN successor companies, held at the Banquet Hall of the State House, Abuja, on Thursday, admonished Nigerians to be willing to accept increased electricity tariff, as the privatisation exercise in the power sector was nearing completion.

The acting BPE boss, however, said the increase in the electricity tariff would only be in the short run, as tariffs were bound to fall in the long run as a result of massive investment in the sector.

He reminded Nigerians of the crash in the price of SIM cards in the telecoms sector, as a result of competition and investments in the industry, adding that the same development would unfold in the power sector.

The acting BPE DG described the signing ceremony as the beginning of a voyage, stressing that there was still the need for route charting, navigation and steering in the right direction.

Mrs Onoh, speaking on the occasion, disclosed that some of the facilities at Sapele power plant were badly managed, adding that it would take the company about 12 months to rehabilitate the power plant CMEC won for $201 million.

Meanwhile, following the full privatisation of the PHCN, the Federal Government and the successful bidders for 10 generating companies (GENCOs) and five distribution companies (DISCOs), on Thursday, signed sale and purchase agreements on their handover.

Speaking at the occasion, Vice-President Namadi Sambo described the event as “important landmark,” saying it marked important milestones in the ongoing reform of the Nigeria electricity supply industry.

The vice-president, who was represented by the Minister of Power, Professor Chinedu Nebo, thanked the World Bank for “its support towards making these agreements bankable, through the provision of Partial Risk Guarantee credit support instrument.”

http://247nigerianewsupdate.com/prepare-to-pay-more-for-electricity-fg-tells-nigerians/
Re: Prepare To Pay More For Electricity – FG Tells Nigerians by Hardfact: 10:52am On Feb 22, 2013
Reasonableness forever remains elusive!
With the erratic state of power supply, bills are unimaginably high and keep increasing. Wonder what it's gonna be when power supply becomes steady. Like the almighty Fashola would say, If you cant pay whatever exhorbitant figures/rates FG/'NEPA'/DISCO will keep coming up with, maybe you just subscribe to total blackout or maybe simply go to hell!
In all this, one thing is clear: They really don't give a mess what the people are going through.
Re: Prepare To Pay More For Electricity – FG Tells Nigerians by tomakint: 3:40pm On Feb 22, 2013
The most important thing is constant power supply first, to pay the bills will not be debatable, but if the power supply is still as 'usual' then we are in another 'awful mess' undecided
Re: Prepare To Pay More For Electricity – FG Tells Nigerians by BlackMamba2: 3:54pm On Feb 22, 2013
As long as the power is steady and constant, there is no problem cos the bill cannot be more than the money spent on fueling generators. It is when the bill is not commensurate with the electricity that wahala will burst! End of Discussion!
Re: Prepare To Pay More For Electricity – FG Tells Nigerians by otokx(m): 5:09pm On Feb 22, 2013
Not a blink of light today in University of Port Harcourt and one man is here saying we shall pay more for darkness.
Re: Prepare To Pay More For Electricity – FG Tells Nigerians by Nocommentever: 5:12pm On Feb 22, 2013
This comment has been blocked by the moderator
Re: Prepare To Pay More For Electricity – FG Tells Nigerians by dotcomnamename: 5:37pm On Feb 22, 2013
No comment ever: This comment has been blocked by the moderator

Capital LIE grin
Re: Prepare To Pay More For Electricity – FG Tells Nigerians by ChimaAdeoye: 6:54pm On Feb 22, 2013
WE DON'T WANT BILLING SYSTEM!!!

WE WANT PRE-PAID RECHARGE CARD SYSTEM !!!!

In billing system,the officials will just send you an "estimated" bill,whether you used it or not.
But the pre-paid recharge card system, you use whatever amount of credits you have left in your card.
And you can control how you use electricity if you know you have a little amount left in your card.

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