9jaRealist:


Depends on what you define as “too much”?
If (for example) you are paying about as much for a generator, then you are paying half of the REAL cost of electricity.

Nonetheless, as I mentioned elsewhere on this thread, capping tariffs at an average of N38/kWh for electricity generated at an average of about N60/kWh ensures that DISCOs (even if they achieve the impossibility of collecting 100% payments and no Nigerian steals electricity) will never have the balance sheet to attract the necessary capital (and there is a lot of capital across the globe looking for good long-term investments) to massively modernize and expand their facilities and improve upon (if not entirely eliminate) “reliability issues”!
>

yahaya1:
WHAT IS HIS POINT ACTUALLY? THAT IS WRONG FOR THEM TO USE SOLAR TO POWER THEIR ⛽.

deomelo:

I scratched my head looking for answer too. Is solar power and solution not commendable or exactly what we should be encouraging?

Opposition in Nigeria is really rettarded, they just oppose and spew rubbish for the most idiotic reason..

partnerbizz5:


1 panel?

Pavore9:


Just as it was thought that the video cassette recorder was the ultimate back then. For those that will be around in the next 50 years it will be a different world all together!

tactius:
[s]Ok...I know I'm going to be called names for this, but here goes.

Several years ago, we privatised power...and since then power has been in private hands.

And one of the biggest problems has been financing. Yes, financing of power.

A lot of Nigerians don't pay for power. Add the fact that the bills we are paying are set below the actual cost of power. This has driven away investors, and we fail to attract new ones.

As a result, DISCOS and GENCOS don't have enough money. Last year, one of the DISCOS gave up and handed back over to the government because it was not making enough money to do business properly.

And the fact is, millions of Nigerians feel ENTITLED to free power. You know, if you guys were running businesses, and people came in and took your products for free...you would be wiped out financially.

If we want power to work...government has to allow the DISCOS charge for power. YES...power will cost a lot. YES...we would be paying N30000 and above per month. And the DISCOS should meter everyone(which is what is happening with MAP by the way).

But the thing is POWER IS PRIVATE....and POWER is now a business.(and ironically Chidioka's government was the one responsible for privatising power). And the reason why we are only seeing 5-6 hours of light per day...is because THAT IS WHAT OUR BILLS CAN PAY FOR.

Let's be realistic.[/s]

9jaRealist:



Actually, his point is quite clear in the last sentence of the tweet: “Is Nigeria ready for a post-oil world?”
>

AutoJoshNIG:


Former Minister of Aviation, Osita Chidoka, during the administration of President Goodluck Jonathan, recently lamented about the failures of the system.

He did so in a Twitter post after he spotted a fuel station in Abuja that now relies on solar panel for electricity. Apparently, the consumption of petroleum products for their power-generation need had become a cause for bother.

In his social media lamentation, Chidoka went thus:

“I stopped to buy fuel at Oando station at Jabi, Abuja and noticed solar panels on the roof. The Attendant in response to my inquiry said they are off grid and no generator, everything in the station is powered by solar! Fuel seller on solar. Is Nigeria ready for post oil world?”






Source:

https://autojosh.com/ex-aviation-minister-laments-how-fuel-station-now-depend-on-solar-panels-for-electricity/

GeorgeTheCoder:



How are the people supposed to pay for power on minimum wage ?
When the government starts payinga reasonable wage - not $80 per month - you can come and talk.

yahaya1:
WHAT IS HIS POINT ACTUALLY? THAT IS WRONG FOR THEM TO USE SOLAR TO POWER THEIR ⛽.

dheaven:
How much is needed to power 3 bedroom flat with 3 Ac and two freezer on solar?

tactius:


All right...don't complain when you don't get enough light..you are getting what you paid for.

Again,a side effect of paying for power at the actual cost means more investment, which means more jobs, more prosperity to the economy and better wages.

But then again, you would rather miss the trees for the forest...or the fish for the school...or ...well whatever.

Good afternoon to you too.

deomelo:



I scratched my head looking for answer too. Is solar power and solution not commendable or exactly what we should be encouraging?


Opposition in Nigeria is really rettarded, they just oppose and spew rubbish for the most idiotic reason..

9jaRealist:


[b]Where exactly did he “compare Nigeria to Ameri[/b]ca”?!

Meanwhile, whether you live in Kaura Namoda or somehow found your way to Mars, the Laws of Economics will NOT change to accommodate Nigeria. Accordingly, if you produce electricity at an average cost of about N60/kWh and is restricted to charging an average of only N38/kWh (assuming that you can collect 100% payments - which virtually impossible even in the best of circumstances), you will never have the balance sheet to attract capital (either equity or debt) to finance capital investments that will modernize and expand your distribution capacity. This is the REALITY, whether your product is electricity or Akara or Amala or Aso Ebi! However, it is even worse with electricity because once produced it cannot be bottled and stored in a warehouse (for sale when market conditions improve) but has to be consumed immediately!
>

GeorgeTheCoder:



How are the people supposed to pay for power on minimum wage ?
When the government starts payinga reasonable wage - not $80 per month - you can come and talk.

CodeTemplar:
The discos are corrupt and everyone knows this. If you are trying to justify estimated billing along with you indirect call for higher tariffs, then I am dissapointed. The discos can't tell us they are selling electricity at a loss to those already with prepaid metres. In 2016 they increased power rate and promised us improved supply but where is the improvement in supply?

Let's even address the claim of high cost of generation of electricity self, What drives the cost of electricity high in Nigerian between GENCOs and DISCOs? The have gas at unbeatable prices, pay staff run down salary, and have metres to measure what is being used. So what drives our own cost up?

Youngstar76:

He said "Even in America".
No need for the long epistle. Go and his comment, meditate on it, understand it. Then proceed to edit your comment.

Pavore9:


Just as it was thought that the video cassette recorder was the ultimate back then. For those that will be around in the next 50 years it will be a different world all together!

9jaRealist:


Where exactly did he “compare Nigeria to America”?!

Meanwhile, whether you live in Kaura Namoda or somehow found your way to Mars, the Laws of Economics will NOT change to accommodate Nigeria. Accordingly, if you produce electricity at an average cost of about N60/kWh and is restricted to charging an average of only N38/kWh (assuming that you can collect 100% payments - which virtually impossible even in the best of circumstances), you will never have the balance sheet to attract capital (either equity or debt) to finance capital investments that will modernize and expand your distribution capacity. This is the REALITY, whether your product is electricity or Akara or Amala or Aso Ebi! However, it is even worse with electricity because once produced it cannot be bottled and stored in a warehouse (for sale when market conditions improve) but has to be consumed immediately!
>

9jaRealist:


No, he didn’t...
Perhaps someone else did, but the dude’s comment never referenced the US.
>

Curiouscity:

People just wake up to compare things in naija to developed places. The Dubai guy should tell us what is the minimum wage in United Emirates vis-a-vis Nigeria.

The national minimum wage in USA is about $8.5USD/hr, which means about $1360USD per month. N30,000.00 that the guy mentioned is far above our minimum wage.

Our goods and services must be priced with our national minimum wage taken into consideration.

Youngstar76:
Gee what are u evening saying? Produce something at N60 per commodity n sell at N38 per commodity. Who does that? It's only when there's subsidy from the government that business companies do that. But where is electricity subsidy? It's no where.

*I'm an electrical engineering student in my final year, so ntin u gonna tell me about basic consumer side electricity that's new to me.

deomelo:

Fact is, Nigerians are already using Solar energy and there are tons of solar energy providers, including start up innovators, even the same Gas station he referenced is using solar panels so of what relevance was his question?

The problems with solar energy and broad participation are cost and education, not readiness. We'll consume electricity regardless of the source.

majamajic:


just like we will not be using water soon ?

tactius:
Ok...I know I'm going to be called names for this, but here goes.

Several years ago, we privatised power...and since then power has been in private hands.

And one of the biggest problems has been financing. Yes, financing of power.

A lot of Nigerians don't pay for power. Add the fact that the bills we are paying are set below the actual cost of power. This has driven away investors, and we fail to attract new ones.

As a result, DISCOS and GENCOS don't have enough money. Last year, one of the DISCOS gave up and handed back over to the government because it was not making enough money to do business properly.

And the fact is, millions of Nigerians feel ENTITLED to free power. You know, if you guys were running businesses, and people came in and took your products for free...you would be wiped out financially.

If we want power to work...government has to allow the DISCOS charge for power. YES...power will cost a lot. YES...we would be paying N30000 and above per month. And the DISCOS should meter everyone(which is what is happening with MAP by the way).

But the thing is POWER IS PRIVATE....and POWER is now a business.(and ironically Chidioka's government was the one responsible for privatising power). And the reason why we are only seeing 5-6 hours of light per day...is because THAT IS WHAT OUR BILLS CAN PAY FOR.

Let's be realistic.

bendike:

Bros Deomelo, I always considered you as one of the intelligent ones on nairaland. You Bleep up this time ohh!

The point of the ex minister was not to criticize but rather he simply asked if Nigeria was prepared for the post oil world. Alternatives to oil for power generation is being used eg solar, electric cars etc and since our economy depends on oil, what happens when there is lower demand?

tactius:
Ok...I know I'm going to be called names for this, but here goes.

Several years ago, we privatised power...and since then power has been in private hands.

And one of the biggest problems has been financing. Yes, financing of power.

A lot of Nigerians don't pay for power. Add the fact that the bills we are paying are set below the actual cost of power. This has driven away investors, and we fail to attract new ones.

As a result, DISCOS and GENCOS don't have enough money. Last year, one of the DISCOS gave up and handed back over to the government because it was not making enough money to do business properly.

And the fact is, millions of Nigerians feel ENTITLED to free power. You know, if you guys were running businesses, and people came in and took your products for free...you would be wiped out financially.

If we want power to work...government has to allow the DISCOS charge for power. YES...power will cost a lot. YES...we would be paying N30000 and above per month. And the DISCOS should meter everyone(which is what is happening with MAP by the way).

But the thing is POWER IS PRIVATE....and POWER is now a business.(and ironically Chidioka's government was the one responsible for privatising power). And the reason why we are only seeing 5-6 hours of light per day...is because THAT IS WHAT OUR BILLS CAN PAY FOR.

Let's be realistic.

9jaRealist:


And how does that change what he said or renders it irrelevant?
The REALITY is that Nigeria is still an overwhelming (90+%) hydrocarbon-based economy.
>

bilulu:

Bros people don't pay because they don't see the light to use. If you are sure you supplied light to your customer at the end of the month you should be able to collect your money. Supply prepaid metres and watch people buying light. I know of one of the biggest international NGO in Nigeria, they don't joke with their NEPA bill. They have their post paid metre which is being read at the end of the month and the cost always run into millions, and they always make their payment every month. The day they delayed in paying they were disconnected. So DISCOs should up their game Abeg. Most time they don't even buy light sef

tactius:
Ok...I know I'm going to be called names for this, but here goes.

Several years ago, we privatised power...and since then power has been in private hands.

And one of the biggest problems has been financing. Yes, financing of power.

A lot of Nigerians don't pay for power. Add the fact that the bills we are paying are set below the actual cost of power. This has driven away investors, and we fail to attract new ones.

As a result, DISCOS and GENCOS don't have enough money. Last year, one of the DISCOS gave up and handed back over to the government because it was not making enough money to do business properly.

And the fact is, millions of Nigerians feel ENTITLED to free power. You know, if you guys were running businesses, and people came in and took your products for free...you would be wiped out financially.

If we want power to work...government has to allow the DISCOS charge for power. YES...power will cost a lot. YES...we would be paying N30000 and above per month. And the DISCOS should meter everyone(which is what is happening with MAP by the way).

But the thing is POWER IS PRIVATE....and POWER is now a business.(and ironically Chidioka's government was the one responsible for privatising power). And the reason why we are only seeing 5-6 hours of light per day...is because THAT IS WHAT OUR BILLS CAN PAY FOR.

Let's be realistic.

naijapunters:


That's is more than 10kv, except you get inverter compresure Ac and freezers