lastkingsman:


CC: Gerra.rd59

https://www.nairaland.com/7939948/fg-spends-600billion-electricity-subsidy

It's the same reason why refineries are not work. Once you distort the real market price for price of consumables (electricity, fuel...) with subsidies in the name of "making it cheap" for the people, you create a cash cow for the crony capitalists.

The people that bought Discos are milking NBET electricity subsidy and are not ready to re-invest in their acquisition. We are lucky electricity is not easy to sell across the border like fuel, if not...

I knew there was a subsidy somewhere, especially at the transmission stage. This means constant electricity no go dey possible as no foreign investor will invest in such a system. I wonder why that aspect cannot be privatised as well. This our communism/socialism mentality would continue to make us poor as a country.

yinkus6750:
Shame on government.
Can't provide power for it's citizens.
Yet , it's still them that is behind generator importation business.
And still make AGO & PMS unaffordable for the lower class, while killing businesses with high overhead cost.

Let everyone learn about Self-Powered Overunity Generator that produces electric power through E.M.F backed ONE WIRE EARTHED CURRENT GENERATION and this gigira of the Ruling Class of sabotaging will end in a jiffy.

You only enen need to change the combustion engine in your car to electrical engine if you make these generator.

The Circuit is not complex.
All is required is RESONANCE at the output transformer.
Hmm...

adenigga:


Source: https://punchng.com/Nigeria-gets-40-000MW-power-from-generators-says-FG

Forget about the Ruling Class a.k.a "government" or Group Of Private Families Cartel. Go Solared or Build your Gravity Powered Overunity Electric Power Generator or Tesla One Wire Earth Current-Suzcking Electric Generator.

Nbote:
So FG is declaring that we generate our own electricity ourselves despite claiming to have revamped and improved the electricity situation in the country. Wow!!
What exactly does the govt do for it's citizens? Na you go build House after toiling hard, provide your own water, provide your own electricity(pay for transformers and electrical installations plus your generator), provide your own security (fencing, dogs, vigilantes) despite paying taxes and other government levies..

Say it loud and proud that we have failed.....
Most light you see in the country is from where.....?!
Petro and diesel gens......simple.....
Ohh you thought 3999MW can supply squat....?!
It's the reason we are poor.
This is how dog eat dog politics and economics work.
We the people are the largest consumers of our oil...subsidy has always been a strategy our politicians use to keep the pot filled to steal.
Imagine this government supply the 40000 MW, we the people still will be the poorer for it.
Until we start to see these things and talk them loud....and Collectively act.

ednut1:
Follow the money . The factories in China, Uk and Japan who make these generators have collaborators and shareholders from Nigeria. Anyone trying to change the status quo will likely be eliminated or sabotaged.

was he not in plane crash already