Basically, only one third.of people connected to the grid pay.

Government owes the discos 1 trillion naira.

Discos cannot charge market price for power thanks to the law setting them up.


So, at the end, there is a cash shortfall and money builds things

Either bills go up, every house is metered, and everyone pays, or power is going to be poor forever.

Nigerians need to wake up to the realization that power is not free of charge

Where is lie Mohamed who always say blame it on Jonathan...

the root of the problem is money!

At this point, I think it is safer for everyone to sort out his own power needs.

Get solar, good generator or wind power if it is available in your area.

If you wait for the government, you will be disappointed.

Interesting

She added, “But the transmission network is not available to take all the power generated by Gencos. The TCN claims it can wheel 8,100MW but we know it can sustain 4,500MW.
“The rainy season is approaching, a lot of the networks are very weak. We will see a further drop in generation as the rains start because the transmission and distribution networks are very bad.”
The TCN, which manages the national grid, is still fully owned and operated by the government. The grid collapsed five times in the first two months of the year, according to the company.

nwanyionitsha:
Electricity has been so bad. Gen sef don tire.

Gen is our savior here in Nigeria

Willed042:
Then TNC should be bundled and sold to capable private investors...I for one will promote any thing which is private driven. the record is straight on this all government owned institutions and agency always performed below expectation: formerly NITEL, Federal government owned schools, all Federal owned stadiums, Nigeria Airways, NNPC the list goes on.

you for say make dem sell the whole of nigeria na

SarkinYarki:
for 4 complete years the only thing the useless Buhari govt has added to the power grid are lies lies and lies while in reality the Buhari govt has not added a single MW to grid neither improved on what was inherited from Jonathan ...Such a shame

Well the truth is this.is not Buhari or Jonathan fault.

Many Nigerians and government agencies don't pay their power bills.

then the law that set. up. discos forces them to charge bills less than the production cost.

Discos cannot pay Gencos who cannot pay gas companies.

No cash, no improvement

On the political front this is four years of this administration. It has barely done anything to stimulate capacity. At ghe end of this coming term it will have spent half of the time the PDP was in office. My projections are not looking good. It has been all hot air and rhetoric., scant action.

On the industry front, I think it is time to think outside the box to sort out the energy crises. We need new ideas and legislation to completely open up the industry to attract investment. We cannot afford to wait on industry operators who are unable to source investment funding to expand capacity on one hand and a general public who are unwilling to pay right the prices to make power production a viable business on the other.

Shebi oga kpatapata talk say this time e go hard pass before. e Don dey manifest, oya make una dey brace for impact.

Willed042:
Then TNC should be bundled and sold to capable private investors...I for one will promote any thing which is private driven. the record is straight on this all government owned institutions and agency always performed below expectation: formerly NITEL, Federal government owned schools, all Federal owned stadiums, Nigeria Airways, NNPC the list goes on.

The discos and Gencos are all private firms.

The problem is they are not allowed to charge bills above the production cost, meaning they cannot make profits

Add the fact that only one third of Nigerians pay their power bills, and government agencies owe 1 trillion, and banks are reluctant to give loans to the discos and Gencos, and you see the problem

Plus, which new investors are going to come when the laws virtually dont allow them make a profit?

luizkyworld:
Who else noticed that power supply improved a few days to presidential elections, halted after the postponement... Then resumed before the elections...sustained after de incumbent won, to enable us celebrate de victory. Then, immediately after concluding all de elections yesterday, power outage. Gbam!!

That should be in your area

Reference:
On the political front this is four years of this administration. It has barely done anything to stimulate capacity. At ghe end of this coming term it will have spent half of the time the PDP was in office. My projections are not looking good. It has been all hot air and rhetoric., scant action.

On the industry front, I think it is time to think outside the box to sort out the energy crises. We need new ideas and legislation to completely open up the industry to attract investment. We cannot afford to wait on industry operators who are unable to source investment funding to expand capacity on one hand and a general public who are unwilling to pay right the prices to make power production a viable business on the other.

They can't source funding because

1.Laws force them to sell power below production costs


2.A large percentage of people and govt don't pay bills

3.Which bank would give cash under that circumstances?

theoldpretender:
Basically, only one third.of people connected to the grid pay.

Government owes the discos 1 trillion naira.

Discos cannot charge market price for power thanks to the law setting them up.


So, at the end, there is a cash shortfall and money builds things

Either bills go up, every house is metered, and everyone pays, or power is going to be poor forever.

Nigerians need to wake up to the realization that power is not free of charge

We are not ready yet

BIGGIE121:
you for say make dem sell the whole of nigeria na

If that would emancipate the country from the new trend of political slavery. Ask yourself why an average Nigeria politician will rather invest all his resources into an election rather than into industrialization. Ask yourself what Nigeria would look like if private investors are given the power to generate, transmit and distribute electricity. Reason most of our graduate are not employable.

But mr fashola;as an opposition was there yapping that stable electricity was not rocket science and that the only for Nigeria to enjoy stable power was to vote out pdp.
I wonder if that remark was the reason baba made him minister of power(darkness).. ...... Can someone please tag Mr Raji to this thread, we are still in darkness oo...
Even though my house has power right now self.

What is dropping ?

helinues:
We should keep deceiving ourselves.

All the electricity we generate in Nigeria is not close to what Hearthrow Airport generate alone..

Heathrow is an airport, not a power generation plant. So how on earth is it generating more power than what Nigeria generates? Olodo trying to shade

theoldpretender:


The discos and Gencos are all private firms.

The problem is they are not allowed to charge bills above the production cost, meaning they cannot make profits

Add the fact that only one third of Nigerians pay their power bills, and government agencies owe 1 trillion, and banks are reluctant to give loans to the discos and Gencos, and you see the problem

Plus, which new investors are going to come when the laws virtually dont allow them make a profit?

Thanks for that sir but then it is yet to be bundled to achieve its maximum drive. Give them the power to generate, transmit and distribute and see the best of the private sector. They know how to recoup debt and will continue to research on how best to minimize incidence of electricity theft. Prior to this time many subscribers know how to short cut NITEL when still as a public utility agency. But you can not short cut GSM operators to make calls for free.

Wrong country.

theoldpretender:
Basically, only one third.of people connected to the grid pay.

Government owes the discos 1 trillion naira.

Discos cannot charge market price for power thanks to the law setting them up.


So, at the end, there is a cash shortfall and money builds things

Either bills go up, every house is metered, and everyone pays, or power is going to be poor forever.

Nigerians need to wake up to the realization that power is not free of charge

The first step to take in solving our power crisis would be to connect everyone to a prepaid meter.
You are making sense.
Nigerians have to pay for power now, the discos will become richer, Gencos will become richer as well, they will be able to increase generation capacity, eventually power will become much cheaper.
But this is something we should have done a long time ago,, right now it might be too late.
I wonder when our generation and distribution capacity will eventually catch up and completely cover our exponentially expanding population.

theoldpretender:
Basically, only one third.of people connected to the grid pay.

Government owes the discos 1 trillion naira.

Discos cannot charge market price for power thanks to the law setting them up.


So, at the end, there is a cash shortfall and money builds things

Either bills go up, every house is metered, and everyone pays, or power is going to be poor forever.

Nigerians need to wake up to the realization that power is not free of charge

we have be told that when the bill go up we'll have constant power supply but the bill went up and yet nothing changed, it's getting worse, Generation has its own problems but transmission and distribution are the major problems because of lack of infrastructures. Let them meter every house and you will see they will sit up and provide all what the people need

Going by some comments here, I think we may be heading in the right direction, another benefit of democracy. A few years ago the overwhelming blame for poor public services has always been borne by government, especially the poitical class and the President in person. Having changed government for quite a while now for what they thought was a better option and seeing scant improvement, introspection has kicked in to the real challenges facing Nigeria.

Today folks realize just how important the citizen is as opposed to the government in power and how much responsibility the average citizen bears in making things work well in the country. Today folks are waking up to the reality that government is not a magician that conjures up the indices for life and living. That to make things work money has to be made and invested. That to make money the average citizen has to pay his share. That government is simply a collation centre for the productivity of the totality of Nigerians... that we are poor because the average citizen produces far less than he needs to consume... that we donot have stable electricity because we are not paying properly for it.....

That we can pay is without a doubt. We buy and operate electricity generators and manage our consumption remarkably efficiently but when public utilitues are on we leave the lights on all night long and the airconditioners at home on all day long while at work but when the bills come we kick, cheat, steal and in some sad cases rwact violently against those offering us a service that costs a lot to setup and maintain.

We just hope in time to come that as our elected superhero governments flounder at the public demand to square circles we will take another look at how much we pay for fuel, how much we pay for education, how much we pay for healthcare, how much we pay for insurance and how much we pay for law enforcement amongst many others and decide as aa nation to raise our productivity to enable us escape from this jungle mentality and live decent lives similar to the climes our people often flee to for refuge and to escape reality... but where they pay the bills... the right prices.

theoldpretender:


They can't source funding because

1.Laws force them to sell power below production costs


2.A large percentage of people and govt don't pay bills

3.Which bank would give cash under that circumstances?

Read the first and second line of the second paragraph.

bentwood85:
The poor masses shouting APC & PDP upanda will suffer it... Go to places(were politicians reside) like Garki, Asokoro, Maitama and Wuse, Gwarinpa u get 24hrs power supply, but when you come to were the masses live (nyanya, mararaba, suleja, Gwagwalada, Bwari, dutse) they are in perpetual darkness with monthly crazy billing from NEPA..

even the Garki don't always ve light.... I can categorically tell you that this past week Area 3 could not boast of 8hrs power supply each day....

bentwood85:
The poor masses shouting APC & PDP upanda will suffer it... Go to places(were politicians reside) like Garki, Asokoro, Maitama and Wuse, Gwarinpa u get 24hrs power supply, but when you come to were the masses live (nyanya, mararaba, suleja, Gwagwalada, Bwari, dutse) they are in perpetual darkness with monthly crazy billing from NEPA..

Abeg where in Wuse is light 24 hours?

BuhariIsBURIED:

Congratulations.. treat your wife well, respect her so that she will reciprocate the respect, above all if u want a peaceful progressive home don't cheat.. All the best

Thanks, I appreciate

Where are all those dirty scum that claim since Buhari came on board they have been having 22 hours electricity??

otiwisdom:
Is Nigeria cursed

Yes by all the innocent blood shed since 1960 up till today, so the country will always take one step forward and three steps backwards. And you can change presidents all you want, the country will reap what is has sown.