inoki247:
No wonder since yesterday light dey some how....

Wetin neva collapse for this country sef...


Na everything dey collapse...

naptu2:
Kaduna Electric @Kadunaelectric

https://twitter.com/Kadunaelectric/status/1392433314473156608
aedcelectricity @aedcelectricity
https://twitter.com/aedcelectricity/status/1392433492848431105

Lazycapitalist2:
The problem is

1.The grid is out of date and needs fixing

2.The Trnasmission company of Nigeria is dependent on funds raised by the DISCOS for fixing the grid

3.However, due to the fact that power in Nigeria has been charged at a price below its cost of production, there isn't enough money to fix the grid...and it needs tens of billions of dollars to fix.

4.The way forward is for every house to be metered, and power to be deregulated. Let the DISCOS charge as high as 100 naira per kwh (okay, that's too much tho)...so that they can earn a profit that can be ploughed into fxing the grid and also power generation.

Nigerians should read the PWC report on funding on power in Nigeria. For those who cannot read long story, the summary page is below.


Remeber the GSM....we paid high prices for GSM. We paid as high as 10000 naira for SIM cards alone...if not higher. They earned insane profits...and used those profits to build up our GSM network that provides the basis of our strong IT and telecoms sector.

Let power be deregulated. Then there would be no more system collapse.

Camelot65:
Power outage at exactly that time in my location. It hasn't been restored till now.

Lazycapitalist2:
The problem is

1.The grid is out of date and needs fixing

2.The Trnasmission company of Nigeria is dependent on funds raised by the DISCOS for fixing the grid

3.However, due to the fact that power in Nigeria has been charged at a price below its cost of production, there isn't enough money to fix the grid...and it needs tens of billions of dollars to fix.

4.The way forward is for every house to be metered, and power to be deregulated. Let the DISCOS charge as high as 100 naira per kwh (okay, that's too much tho)...so that they can earn a profit that can be ploughed into fxing the grid and also power generation.

Nigerians should read the PWC report on funding on power in Nigeria. For those who cannot read long story, the summary page is below.


Remeber the GSM....we paid high prices for GSM. We paid as high as 10000 naira for SIM cards alone...if not higher. They earned insane profits...and used those profits to build up our GSM network that provides the basis of our strong IT and telecoms sector.

Let power be deregulated. Then there would be no more system collapse.

Lostchild:


What you wrote here is pure none sense because is like you are not suffering in this country

Which Telecom network sold Sim card for 10,000? MTN and Econet extort so much from Nigerians by selling Sim at N26,000. If not the fact that it was Glo that brought these thieves to their kneel by selling Sim @ N3000 with N2999 airtime on it. Glo later slash it down to N100/200.

Here where I live, we live in darkness but constantly pay light bills even though we don't see light

Your comment is pure nonesense

Lazycapitalist2:


Thanks, but I have suffered in this country. And i still live here.



Largely because MTN and ECONET were able to charge that high, that they earned the profits needed to build the infrastructure that we have for GSM

I mean, all them telecom masts were not built by government.

Plus Glo came in and helped bring down prices by competition....which was how the programme was supposed to go.Since there was no price controls by government, companies were free to set prices...including prices that were below the competitiors....

Now if there had been price controls...we won;t have had the GSM/interent /etc network we have now


Yes, because when you pay N30 for something that costs N53 to make .....that is one kwh.....not much of a profit is made to fix things up to the level where we have light 24/7

(I mean right now, we need at least 90000 EXTRA mw...before we can start talking of 24/7 power.Where is the money going to come from....)

Lostchild:


The money your leaders stole is enough to generate 90,000 MW. Even if the govt provide all the funds needed for stable electric supply, all the money will sti disappears

Nigeria is a nation of thieves

naptu2:
Kaduna Electric @Kadunaelectric




https://twitter.com/Kadunaelectric/status/1392433314473156608





aedcelectricity @aedcelectricity




https://twitter.com/aedcelectricity/status/1392433492848431105

Lazycapitalist2:


Decentralising the grid is not the issue...the issue is, are we ready to

1.Allow the power sector set prices that would enable them to make enough of a profit to among other things fund the grid...decentralised or not?

2. Are we all ready to pay our bills.

3.We generate enough power from gas...are the gas companies ready to accept payment in Naira instead of dollars.?

By the way, stop blaming the North. All the DISCOS are running at a loss...meaning that people in the country ..North and South ....are not paying enough to the DISCOS TO Enable them make a profit to fund the TCN and the GENCOS.

That's the problem with power in the country....we don't pay the power sector the kind of money that enables them to make a profit to keep things running well (unlike GSM...which runs well in part because you cannot use a phone without paying for service first)

Lazycapitalist2:


Thanks, but I have suffered in this country. And i still live here.



Largely because MTN and ECONET were able to charge that high, that they earned the profits needed to build the infrastructure that we have for GSM

I mean, all them telecom masts were not built by government.

Plus Glo came in and helped bring down prices by competition....which was how the programme was supposed to go.Since there was no price controls by government, companies were free to set prices...including prices that were below the competitiors....

Now if there had been price controls...we won;t have had the GSM/interent /etc network we have now


Yes, because when you pay N30 for something that costs N53 to make .....that is one kwh.....not much of a profit is made to fix things up to the level where we have light 24/7

(I mean right now, we need at least 90000 EXTRA mw...before we can start talking of 24/7 power.Where is the money going to come from....)

Lazycapitalist2:


Decentralising the grid is not the issue...the issue is, are we ready to

1.Allow the power sector set prices that would enable them to make enough of a profit to among other things fund the grid...decentralised or not?

2. Are we all ready to pay our bills.

3.We generate enough power from gas...are the gas companies ready to accept payment in Naira instead of dollars.?

By the way, stop blaming the North. All the DISCOS are running at a loss...meaning that people in the country ..North and South ....are not paying enough to the DISCOS TO Enable them make a profit to fund the TCN and the GENCOS.

That's the problem with power in the country....we don't pay the power sector the kind of money that enables them to make a profit to keep things running well (unlike GSM...which runs well in part because you cannot use a phone without paying for service first)

Reference:


Oga stop trying to excuse the 300 pound gorilla in the room. The fellow is correct. Decentralisation is a major factor.

When you breakdown the structure into smaller independent units it is easier for these companies to have stronger bargaining power with their customers and so raise the funding they need to address their peculiarities.

Electricity does not have to cost the same everywhere in Nigeria. Those near gas fields ahould have it cheaper from gas plants. Those who are thousands of kilometres away and require huge investment in power infrastructure should pay a premium to have it.

That is what will stimulate the construction of power plants throughout Nigeria using local energy sources. The north-east has the largest hydro potentials in Nigeria but the Mambila dam continues to be an electoral football simply because consumers in the south pay a premium to have gas fed power sent all the way from the delta which is highly inefficient and terribly wasteful and expensive

Decentralise the power sector and the north will attract investment in solar which they have the land and climate for and hydro which they have abundant potentials.

But ignorance, greed and laziness won't let them.

Oga. You simply cannot have cheap electrcity if you cannot produce it where it is demanded, period. And if all the GSM networks today in Nigeria were asked to share transmission infrastructure, towers, base stations and the whole lot, they will all have been out of business because the system will have collapsed to the ground.

franciskaine:
so you're telling us America and other industrialised societies built their power sector through estimated and outrageous billing? You don't establish a novel business without backup funding and technical knowhow. The discos and whatever you call them know little or nothing about electricity, neither do they have the backup capital for adequate investment. How you expect the average consumer to pay for a service not rendered still puzzles the mind.

franciskaine:
keep that your low payment crap somewhere else. Do you know how many homes get estimated billings without adequate power to back it up? If you don't know, the advent of pre-paid meters has exposed them the more. You give me darkness, I pay nothing.

kollinz1234:
Everything in this country has collapsed and that's an indication on how terrible it is to place a Fulani man in charge of anything at all. Since the Fulani started heading everything in the country, everything has collapsed.

Nigeria doesn't sound like a country, it just sounds like the name of an abortion pills

Lazycapitalist2:


Well, if you read my post, you would see that i did not speak against dececntralisation, rather I spoke about the fact that the sector is not earning enough cash in the first place to make decentraisation work well

If it is not earning enough cash....decentralisation won't help much. We would still be back to square one. Decentralisaiton is fine...but equipment, workers, etc have to be paid for...and we can't pay for it if we aren't making the sector profitable.


Modified: The issue I am focusing on more is summarized in the below page from this report

Lazycapitalist2:
The problem is

1.The grid is out of date and needs fixing

2.The Trnasmission company of Nigeria is dependent on funds raised by the DISCOS for fixing the grid

3.However, due to the fact that power in Nigeria has been charged at a price below its cost of production, there isn't enough money to fix the grid...and it needs tens of billions of dollars to fix.

4.The way forward is for every house to be metered, and power to be deregulated. Let the DISCOS charge as high as 100 naira per kwh (okay, that's too much tho)...so that they can earn a profit that can be ploughed into fxing the grid and also power generation.

Nigerians should read the PWC report on funding on power in Nigeria. For those who cannot read long story, the summary page is below.


Remeber the GSM....we paid high prices for GSM. We paid as high as 10000 naira for SIM cards alone...if not higher. They earned insane profits...and used those profits to build up our GSM network that provides the basis of our strong IT and telecoms sector.

Let power be deregulated. Then there would be no more system collapse.

Lazycapitalist2:
The problem is

1.The grid is out of date and needs fixing

2.The Trnasmission company of Nigeria is dependent on funds raised by the DISCOS for fixing the grid

3.However, due to the fact that power in Nigeria has been charged at a price below its cost of production, there isn't enough money to fix the grid...and it needs tens of billions of dollars to fix.

4.The way forward is for every house to be metered, and power to be deregulated. Let the DISCOS charge as high as 100 naira per kwh (okay, that's too much tho)...so that they can earn a profit that can be ploughed into fxing the grid and also power generation.

Nigerians should read the PWC report on funding on power in Nigeria. For those who cannot read long story, the summary page is below.


Remeber the GSM....we paid high prices for GSM. We paid as high as 10000 naira for SIM cards alone...if not higher. They earned insane profits...and used those profits to build up our GSM network that provides the basis of our strong IT and telecoms sector.

Let power be deregulated. Then there would be no more system collapse.

naptu2:




We are gradually, very gradually getting there, but it's going to be difficult. I thought about this for a long time.


One of the reasons that the changes in the telecoms sector from 1989 to 2001 worked is because people had choices. In 1989 Nitel introduced IDD into Victoria Island and then increased the tariff. One of my uncles had to complain to another of my relatives that worked at Nitel that he didn't want the service, he didn't need the service, so why should he have to pay for it? Ditto when the exchanges went digital in 1991.

When mobile phones were introduced in 1993 they were incredibly expensive to own and maintain, but the general public did not complain because they had their landlines. The reason that people bore the expensive tariffs of the GSM companies is because they had alternatives. There was Nitel landline and PTOs like Multilink, Intercellular and Mobitel.

The problem with power is that it's not everybody that can pay higher tariffs, yet people need power. That's where the willing buyer, willing seller model comes in. Places like Mogodo Estate have reached an agreement with their disco that they would get 24 hours power, but they would pay a cost reflective tariff. Gradually other estates will come on board and hopefully the discos will get enough money to pay off their debts and upgrade their equipment.

However, some people are already complaining about the willing buyer willing seller model because they say it takes power away from the poor.

mokset123:
recently discos charge as high as ~N50 for areas that get an average of 12 hours of light an above, still we are in same mess, just recently did BEDC start installing meters in certain areas where they have mapped.