deenee:



Point of correction the increases were reversed.

helphelp:
Insensitive in my opinion

FarahAideed:


It's clear that you don't pay your own electricity bills , I Buy electricity for my prepaid metres and I know he the price of a Kilowatt hour increases , infact the last increase to 25.4 naira per kilowat hour was never even announced

Oksman:


Are you sure? Pls elucidate further when this was done.

deenee:


Y'all want constant electricity but don't want to pay for it. Very funny

Just like fuel our electricity tarrifs are the lowest in the world. The way we think baffles me. It is from the tariffs that cash flow for process improvements and business expansion is generated. Otherwise nothing will improve. Mind you one of the conditions that Siemens gave the govt as part of the agreement they just signed is the tarrif increase. Tarrifs have to be competitive so the business case makes sense and companies looking to invest in the sector can break even.

Some low-mid income houses in USA pay as much as 250-300 dollars pay month for gas and electric and yet we are wetting our pants for a 10k a month bill in an industry where rate of collections and payments is below 45%. There is no how quality of service will improve with such dismal tarrifs and collection rates.

More so nigerians are wasteful. I have seen people live their security lights on 24-7. Some will even go to work with their aircons on etc. Try that in a sane society and see how much you will be billed at the end of the month.

This is like expecting to fly first class but expecting to pay the price of economy.

deenee:


Y'all want constant electricity but don't want to pay for it. Very funny

Just like fuel our electricity tarrifs are the lowest in the world. The way we think baffles me. It is from the tariffs that cash flow for process improvements and business expansion is generated. Otherwise nothing will improve. Mind you one of the conditions that Siemens gave the govt as part of the agreement they just signed is the tarrif increase. Tarrifs have to be competitive so the business case makes sense and companies looking to invest in the sector can break even.

Some low-mid income houses in USA pay as much as 250-300 dollars pay month for gas and electric and yet we are wetting our pants for a 10k a month bill in an industry where rate of collections and payments is below 45%. There is no how quality of service will improve with such dismal tarrifs and collection rates.

More so nigerians are wasteful. I have seen people live their security lights on 24-7. Some will even go to work with their aircons on etc. Try that in a sane society and see how much you will be billed at the end of the month.

This is like expecting to fly first class but expecting to pay the price of economy.

Penboy:

What has been your contribution to humanity?

arcnomec:



Just hear yourself... $250 -300 for gas and electric.Here we are buying gas and buying electricity ,equate to dollar and tell me the figure.

deenee:


You are contradicting yourself bro.

250-300 USD is approx 90k-108k in naira and this is just for a median household abroad. Now tell me how many of Y'all pay within this range per month in Nigeria?. You want 24 hours light yet you don't want to pay.

You think the people that have invested in the Discos are charity organizations?

Please y'all go and do your homework very well. We have the lowest tarrifs and even with that people don't pay their bills so please explain to me how you want the discos to be able to provide y'all with 24 hours light, be a going concern and expand business?

On one end NBET and TCN cant keep to their terms of engagement re transmission and pricing of gas from the gencos and yet they are charged even if the gas supplied gets to the discos or not.

The same discos have written several proposals to the FGN for them to source for electricity off grid from alternative sources like solar wind etc which will be more sustainable and cheaper in the long run, the FGN refused.

The agreement when GEJ wanted to privatise was for tariffs to be increased so the business case makes sense to any investor but he spoke about it and nothing happened because of his political ambition Subsequently, the serious investors withdrew their offers leaving the whole exercise at the whims and caprices of his cronies whom used the acquisition as an avenue to launder illicit funds.

Again the government of the day is trying to correct these ills and we are crying foul .

Light generation, transmission and distribution is not rocket science....sending an unmanned space craft into space or inventing a driveless car or flying space suit is

However no serious investor with expertise in this sector will put money down if the business case is not right.

Germany and a handful of the Scandinavian countries now depend totally on alternative sources of energy aka solar wind and human waste.
Small companies are even encouraged to generate and monetise with the govt having firm regulatory oversight.

Kenya now generates power from windmill yet leaving us behind. Maybe it's when we become like Venezuela that y'all will wake up.

And for those that claim I don't pay my light bills on my own. Please know that i do oh infact across two jurisdictions in residential and business capacity and i also know how much I spend buying diesel in both capacities in Nigeria.

Last note the internet is a very funny place where peoole just do desk top analysis and automtically feel that they gave become subject matter 3experts.