jmaine:

The best you could have done was to enlighten us on what is on ground as an expert since you professed to be in the main scheme of things as a consultant . . .what is your take on this topic

CIMTHOG:



Having said the above, i believe the govt is moving in a positive step towards achieving some reasonable  level of power generation (pls note i didn't say 24/7 power or stable power as no govt now can achieve this country-wide in even 8yrs) albeit infinitesimal on the bigger picture but it must be noted that we can and will only achieve stable power when the power sector has been deregulated like the telecomms sector and sold to the right people that know the power business. It must also be stated that big international companies that know the power business would only be interested if the FG puts the right enabling environment in place so as to avoid having messy situations like that of the Vodafone and Virgin scenarios.

enyojo:

My broda, pls try and understand my predicarment. It is not easy to open up on salient and critical issues as regards the Power stuff especially when I'm still with them. If not the Elumelu Panel would have published their reports and let the heaven fall!! And also using my real name as ID. (maybe a mistake of mine)
However, the combination of GEJ/Sambo as it stands now is not favourably disposed to stepping on heavy toes and even crush those toes.
My sincere prayer is that GEJ will suddenly change into an aanti-corruption president from may 29. We are hinging this hope on the fact that he might have been playing along with them just to win, and then begin to show them his true colours. afterall, he has nothing to loose since he openly vowed to run for one term.

ekt_bear:

I'm a little concerned by this Transmission Company of Nigeria. Already, it is appearing to be the weakest link.

I'm starting to think that it should be privatized too, lest it slow down progress elsewhere.

Also, how will Nigerians react if/when the price of electricity is revised upwards by 4X? It is a necessary step, but they might respond poorly.

Reference:

You see, when I was saying it just last month sovereignty fears were expressed. You will never get service from civil servants. The y should face regulation, period. You cannot have government controlling regulation and operations in the form of transmission just as you cannot have the private sector regulating itself. Government should simply sell all its assets and move to the other side of the table please. They want to increase tariff for what, power that is still not stable. Nobody will buy a faulty product. What makes us pay so much for mobile telephony is because it is reasonably reliable and choices abound. When the private sector takes over and rolls out its infrastructure then it will tell us how much we are to pay, NERC steps in to make sure the tariffs make sense. But to set tariffs before privatisation is futile. Potential investors will not accept this neither will the public who will invariably be subjected to another hike down the line.

While I appreciate governments efforts at boosting power they should realise that for every dollar spent, 50 cents is lost. At the end of the day no one will value these assets at the bloated costs they were established. They just want to have that last feeding frenzy before the most valuable enterprise in the history of man - PHCN is finally put out of its misery. GEJ should put the horse before the cart and boldly open up the sector the way OBJ did. NITEL was in a better state than PHCN when he finally buried it. The government should know that one day PHCN will be sold and when it goes Nigerians will clearly see the difference between what government claims it has spent and what the true value is.

Crownvilla:

^^^^^^^

@Enyojo,

I understand your predicament, you love Nigeria, but find yourself caught in the middle. Maybe, you should create another ID which will give you the opportunity to spill the beans without jeopardising your position.

Reference:

You see, when I was saying it just last month sovereignty fears were expressed. You will never get service from civil servants. The y should face regulation, period.

You cannot have government controlling regulation and operations in the form of transmission just as you cannot have the private sector regulating itself. Government should simply sell all its assets and move to the other side of the table please.

They want to increase tariff for what, power that is still not stable.
. . .
But to set tariffs before privatisation is futile. Potential investors will not accept this neither will the public who will invariably be subjected to another hike down the line.

efisher:

@ Enyojo, I would really like to hear your side of the story. I currently work on projects related to power generation but I'm more of a technical person. From the info I have, a lot of work is being done but I may not know much about the political issues underlying this problem.

efisher:

Afam-PH (gas supply aspect). You don't have to be too specific anyway. Just try to give us a general picture so we can understand the challenges.

efisher:

So can we say it is the incompetence of local contractors that is hindering us or the involvement of politicians in these contracts.

Crownvilla:

^^^^^^^

@Enyojo,

I understand your predicament, you love Nigeria, but find yourself caught in the middle. Maybe, you should create another ID which will give you the opportunity to spill the beans without jeopardising your position.

efisher:

@ Enyojo, pls do not bother to give us personal info. I personally occupy a sensitive position but we can talk without getting into details.

johnie:

Enyojo, please stop using your current ID if you think it is not safe for you but please let's get our inputs.

Akwa Ibom, Bayelsa, Cross River and Rivers State governments have incorporated a joint venture company that is seeking licence to distribute electricity in their areas, as part of the measures to guarantee regular supply of power.

Akwa Ibom state government has also received over N100million from the Power Holding Company of Nigeria (PHCN) for electricity supplied to the national grid by the Ibom Power Plant.