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Nairaland Forum / Nairaland / General / Politics / Despite ₦2.8 Trillion Subsidy, Power Averages 3,000MW In 10 Years (4503 Views)
FG Needs ₦3.2 Trillion Subsidy To Reverse Electricity Tariff Hike – NERC / Available Power Generation Capacity Plunges By 3,000MW To 6,000MW – Gencos / Despite Growth Promise, Power Supply Averages 3,952MW (2) (3) (4)
Re: Despite ₦2.8 Trillion Subsidy, Power Averages 3,000MW In 10 Years by ElSudani: 1:40pm On Sep 25, 2023 |
nairalanda1: Not just corruption, power is highly capital intensive and the money is not there. The little lifeline to the sector is also pilfered away. 2 Likes |
Re: Despite ₦2.8 Trillion Subsidy, Power Averages 3,000MW In 10 Years by FireUpNow(m): 2:03pm On Sep 25, 2023 |
Until Nigerians are tired of their mumu those useless leaders will keep on killing this country. Drop your tribalism and stand against corruption 1 Like |
Re: Despite ₦2.8 Trillion Subsidy, Power Averages 3,000MW In 10 Years by Slic1: 2:40pm On Sep 25, 2023 |
adenigga: Everything crumbling why? Grabbing power is one thing knowing what to do with it is another. But corruption is the real issue, only a clean man can fight the type generational corruption we have in Nigeria. 2 Likes |
Re: Despite ₦2.8 Trillion Subsidy, Power Averages 3,000MW In 10 Years by nairalanda1(m): 3:33pm On Sep 25, 2023 |
englishmart: If you were running a business selling bread that you bought at N1500 a loaf at N500 a loaf, plus one third of your customers do not pay for the bread they buy, and you have to take loans to keep up, would it thive? Revolution is nice, but at the end, for a business to work, profit must be made |
Re: Despite ₦2.8 Trillion Subsidy, Power Averages 3,000MW In 10 Years by Greenfaces: 4:19pm On Sep 25, 2023 |
ElSudani: Even if subsidy is removed, the level of corruption on ground that can even defy judiciary will not allow the results kick in. It will only be looted and recirculated between few |
Re: Despite ₦2.8 Trillion Subsidy, Power Averages 3,000MW In 10 Years by Growing(m): 6:07pm On Sep 25, 2023 |
So they are subsidising and here we are paying 36k as a postpaid user in PHCN bill? |
Re: Despite ₦2.8 Trillion Subsidy, Power Averages 3,000MW In 10 Years by nairalanda1(m): 7:16pm On Sep 25, 2023 |
Growing: It would be much more if there was no subsidy. |
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