would they be a problem from the government if a private company decides to do the job of the PHCN by producing electricity for Nigeria?

please I need correct and intelligent answers from those who truly know

They will refuse, the lack of power is a design by a few powerful individuals to be siphoning billions of dollars in the guise of finding a solution which they will never find.

Not at all provided you tender through the ministry of power...

dawnomike:
Not at all provided you tender through the ministry of power...

could you please throw more light on this

dawnomike:
Not at all provided you tender through the ministry of power...

Keep on day dreaming

No private companies are free to invest. Que Iboe power plant thats to be located in Akwa Ibom is private sector driven. Dont listen to conspiracy theories.

please whoever is in charge of the front page thing should please get this topic to FP I need more point of views, thank you

Blue3k:
No private companies are free to invest. Que Iboe power plant thats to be located in Akwa Ibom is private sector driven. Dont listen to conspiracy theories.

am not looking to invest, the idea is to create. but I get what you saying

Keep on sleeping

SLAP44:


Keep on day dreaming

What you're planning to establish is an IPP (Independent Power Project) on a commercial scale... you have to obtain a licence for that from the ministry of Power (Abuja)

edulifehack:


could you please throw more light on this

dawnomike:
What you're planning to establish is an IPP (Independent Power Project) on a commercial scale... you have to obtain a licence for that from the ministry of Power (Abuja)

alright thanks man

Blue3k:
No private companies are free to invest. Que Iboe power plant thats to be located in Akwa Ibom is private sector driven. Dont listen to conspiracy theories.

They are free to invest, but they aren't free to charge what they please to customers, they aren't free to choose their customers (e.g. by only catering to large corporations), they aren't free to bypass the national grid and build out their own more reliable alternatives, and they certainly aren't free to repatriate any money they've brought in from abroad, whether in the form of equity or loans. Under the circumstances, the "freedom" private operators have mostly amounts to a "freedom" to lose money in perpetuity.

Our leaders are designed to frustrate anything that looks like progress and development.

omohayek:

They are free to invest, but they aren't free to charge what they please to customers, they aren't free to choose their customers (e.g. by only catering to large corporations), they aren't free to bypass the national grid and build out their own more reliable alternatives, and they certainly aren't free to repatriate any money they've brought in from abroad, whether in the form of equity or loans. Under the circumstances, the "freedom" private operators have mostly amounts to a "freedom" to lose money in perpetuity.

so what you saying is that a private company can't build their own source of energy but can only invest in what we currently have?

Blue3k:
No private companies are free to invest. Que Iboe power plant thats to be located in Akwa Ibom is private sector driven. Dont listen to conspiracy theories.

All your life sharing coloured views on Politics Section and you still don't know how to punctuate. Tufia!!! Some of you have spiritual problems.

OP I've been giving serious thought to this too. I know there are stumbling blocks in the way of generating power privately in Nigeria but I'm no longer familiar with the whole scenario.

Lalasticlala

As a matter of fact, all the companies generating electricity in Nigeria at the moment are privately owned. Same goes for the distribution companies. The only area the FG is involved is in the transmission. That said, you can generate and sell directly to the distribution companies or you can generate and sell directly to consumers (nearly impossible though). All you need is the appropriate licence from NERC.

It's not the 'production' of power per se, it's the tariff or price they want the consumers to pay that is causing issue..

We have State owned and Independent Power Producers (IPPs) that generate electricity from gas and then evacuate it into the National grid.
It's a bit complex and involves Ministry of Power, NERC, NBET, TCN etc.

It is impossible to have a private company produce power for the country without a very close supervision and enforcement. Our supervisory and accounting standards are ver poor and archaic, likewise we lack discipline to effect enforcement.

Power production is a strategic component of national security.

Therefore giving a private investor full license to produce power without proper controls in place will result in something similar to what we experience with telecomms. As a subscriber you will pay, with or without service....or get disconnected! You will pay even more to get reconnected.

MetaPhysical:
It is impossible to have a private company produce power for the country without a very close supervision and enforcement. Our supervisory and accounting standards are ver poor and archaic, likewise we lack discipline to effect enforcement.

Power production is a strategic component of national security.

Therefore giving a private investor full license to produce power without proper controls in place will result in something similar to what we experience with telecomms. As a subscriber you will pay, with or without service....or get disconnected! You will pay even more to get reconnected.

I see your point, but my whole idea is to give electricity 24/7 at a cheaper rate

Even something as tiny as a road they always reject

You are free to invest, but your investment means little or nothing at the end of the day simply because the current energy policy is murky and the other operators in the power sector that you have to work with, from the DISCOs to the GENCOs, they are all inept, financially burdened and stranded. They can not pay for and manage whatever you generate and supply and the TCN the FG is cluelessly and foolishly is still holding on to is pretty much obsolete.

The short term solution is to let private companies build their own systems from scratch. Generate, transmit and distribute in assigned states, LGs or communities.

For example, let a company service the whole of Mushin with their own power plant, distribution and transmission NETWORK and let them bill their costumes in Muchin directly based on regulated fees and payment system by the government and replicate the same model across the country while the FG work on a final solution.

Fact is, Nigeria is rough terrain for investors to invest in and generate ROI because more than half of the generated electricity won't go to paying costumers because of tapping.

Our leaders are very shallow, they don't think big or think country/Nigeria, instead of spending tens of billions of dollars to build and relocate to Abuja, they should have spent all that money on electricity and deal with Abuja later.

Power is the only reason why our economy is struggling and unemployment is astronomically high.

We need 2 things to really get us to the next level.

1. Electricity

2. Iron and steel.

edulifehack:


I see your point, but my whole idea is to give electricity 24/7 at a cheaper rate

If you like give it at free or nearly free rate, that is simply an investment decision. There is another aspect to power generation called "national security".

You will come under regulators. Thats why i said supervision and enforcement.
Its a mess!

Telecomms are regulated, they serve as example of another "national security utility" that is bad business for citizens.

We already have utilities that refuse to self-regulate. Government regulation is ineffective. At end of day consumer suffers. Everybody offers to help solve problem but once they enter market they abandon the goal.

The constitution doesnt allow tht

edulifehack:
would they be a problem from the government if a private company decides to do the job of the PHCN by producing electricity for Nigeria?

please I need correct and intelligent answers from those who truly know

Under this administration, you can generate and sell electricity to the unserved area. No permission is needed if your generation is less than 100kw power, only to notify NERC for information purpose. But any above 100kw power require license from NERC. Plus some of your key workers must have passed and obtained NEMSA certificate.
There were invitation recently for Minigrid developers to tender for subsidy obtain from world bank around $450m.
If qualified, your investment will be subsidized.
The programme was to encourage investors in power to design and install minigrid power solution to the unserved area, ensuring standard. You metered the area cover and bill them appropriately.

For now, you can't served the area covered by any of the DISCO. There was a case in one of the news paper recently where the eko DISCO reported one IPP company from encroaching into there space. Though the estate that migrated to IPP prefer the IPP because of guaranteed 24/7 power supply. You can Google Eko Electricity vs IPP for further information.

There quite a number of developed minigrid. Sura Market, tariff is N53.50k per kw, LUTH is N53 per kw, Ariari market Aba, and many more.

So it is possible. The government is doing much to decentralized power supply in Nigeria while taking lots of people away from National grid.

Thanks

alright guys, what if I go directly to the government with my plans, and also how do I go about it?

omohayek:

They are free to invest, but they aren't free to charge what they please to customers, they aren't free to choose their customers (e.g. by only catering to large corporations), they aren't free to bypass the national grid and build out their own more reliable alternatives, and they certainly aren't free to repatriate any money they've brought in from abroad, whether in the form of equity or loans. Under the circumstances, the "freedom" private operators have mostly amounts to a "freedom" to lose money in perpetuity.

So basically what you're saying is that the investor can " choose any colour they like as long as it's black"?