Fool. Empty head everywhere

cucumbar:
you, you know say by default, you Dey craze.. that’s something common to all of you supporting this rubbish.

Na only mad person go see bad thing and no know say na bad thing.

Thunder fire that you big empty zombie head.
It shall never be well with you, since you love suffering.

Very ironic, yet na you dey complain about hardship?

Even at that! Do you supply the electricity?

My own is that in Nigeria we are not paying for the light we use. We are paying for the light we don't use...paying for the darkness we stay in.

I hope you will not remove subsidy from the air we're breathing sha...as una don comot (from backdoor) subsidy for breeze wey don cause heat everywhere.

grandstar:


Don't you understand what the man is saying? He isn't speaking Fulfude?

He said the government can no longer afford the subsidy. It does not take a rocket scientist to know this. The nation is bankrupt. Last year, debt servicing was to consume 96% of revenue earnings. Where's the money then to even run the budget. Practically everything would be borrowed.

The minister said the federal government is owing the Discos 1.3trillion and Gencos $1.3bn. Yet, you want the subsidies to still continue. How are they supposed to operate optimally with such unpaid debts? Despite that, you condemn the IMF.

The man said 450bn was calculated for subsidy this year but ministry needs 2trillion. It is obvious the government cannot afford the subsidy and yet you condemn the IMF? Do you want the federal government to borrow money or print it to solve it, adding to the crushing debt burden?

All the countries in West Africa pay a cost reflective price for their power. It is pricey but it's constant.

I pay about 3k monthly for power for a 3bedroom flat. Were I to pay a cost reflective price, it would shoot up to like 9k. That is still cheap considering cost of running a generator for 2 days would be more than that.

What the IMF will advice you is no different from what Charles Soludo or Pat Utomi would say. They are economists, liberal economists. They are technocrats. They will not tell you what you'd like to here.

If Nigerians want constant power, they must be ready to pay a cost reflective price for it. These power companies aren't charity organizations. There is no incentive to invest if armtwisted to sell at a loss.

What is this one saying Is the subsidy hampering the generation of sufficient electricity? Or is the subsidy the reason why our power generation keep dropping?. So the govt is subsidizing what we don't have? So if the subsidy is removed will that make the Gencos increase our power generation from 4kmw to 25kmw? Egypt with a lesser population has an installed capacity of 60kMw but generating 29kmw at the mo. So please answer me will the subsidy removal make the power generation increase or it just frees up more money for government looting

He who the gods wants to destroy, they first render MAD!👀👀😏
Pls keep it up, Una Cup go soon full ☕🍵💯

# USELESS GOVT of self serving THIEVES AND BLOODTHIRSTY TERRORISTS! 💯💯💯
# eBOLA has only come to STEAL, KILL AND DESTROY! 💯💯

Tinubu is the new pharaoh and tax collector. He will not rest until he sucks Nigeria dry.

I cannot imagine how the common man is managing to survive in Nigeria.

Tinubu is running a government based on lies, deception, propaganda and false promises!

*SMH*

blacknp:
Why let him waste his precious time trying to save lazy ungrateful things like yourself.

If Discos bring Bill you go complain, go Ghana go see if you fit dare on AC.

Keep living in fools' paradise

But what just happened. We used to have light around magodo isheri axis almost 24 hours. We sleep with light virtually every night but now, we barely see light up to 1 hour the whole day.

like wtf is really happening. Tinubu is just one slowpoke of a man.

All these Yoruba tribalistic and bigots, hope you guys are happy with this dullard you guys have forced on us. it's well

grandstar:


Don't you understand what the man is saying? He isn't speaking Fulfude?

He said the government can no longer afford the subsidy. It does not take a rocket scientist to know this. The nation is bankrupt. Last year, debt servicing was to consume 96% of revenue earnings. Where's the money then to even run the budget. Practically everything would be borrowed.

The minister said the federal government is owing the Discos 1.3trillion and Gencos $1.3bn. Yet, you want the subsidies to still continue. How are they supposed to operate optimally with such unpaid debts? Despite that, you condemn the IMF.

The man said 450bn was calculated for subsidy this year but ministry needs 2trillion. It is obvious the government cannot afford the subsidy and yet you condemn the IMF? Do you want the federal government to borrow money or print it to solve it, adding to the crushing debt burden?

All the countries in West Africa pay a cost reflective price for their power. It is pricey but it's constant.

I pay about 3k monthly for power for a 3bedroom flat. Were I to pay a cost reflective price, it would shoot up to like 9k. That is still cheap considering cost of running a generator for 2 days would be more than that.

What the IMF will advice you is no different from what Charles Soludo or Pat Utomi would say. They are economists, liberal economists. They are technocrats. They will not tell you what you'd like to here.

If Nigerians want constant power, they must be ready to pay a cost reflective price for it. These power companies aren't charity organizations. There is no incentive to invest if armtwisted to sell at a loss.

why not give us the power and let people bother about the payment. Honestly this country has degenerated into shit. I can't even sleep because of heat

nlfpmod:


https://www.channelstv.com/2024/02/14/just-in-fg-cant-continue-to-subsidise-electricity-power-minister/

IMF oh IMF!

APC govt is the worst. If we no careful this country go soon burn.

grandstar:


Don't you understand what the man is saying? He isn't speaking Fulfude?

He said the government can no longer afford the subsidy. It does not take a rocket scientist to know this. The nation is bankrupt. Last year, debt servicing was to consume 96% of revenue earnings. Where's the money then to even run the budget. Practically everything would be borrowed.

The minister said the federal government is owing the Discos 1.3trillion and Gencos $1.3bn. Yet, you want the subsidies to still continue. How are they supposed to operate optimally with such unpaid debts? Despite that, you condemn the IMF.

The man said 450bn was calculated for subsidy this year but ministry needs 2trillion. It is obvious the government cannot afford the subsidy and yet you condemn the IMF? Do you want the federal government to borrow money or print it to solve it, adding to the crushing debt burden?

All the countries in West Africa pay a cost reflective price for their power. It is pricey but it's constant.

I pay about 3k monthly for power for a 3bedroom flat. Were I to pay a cost reflective price, it would shoot up to like 9k. That is still cheap considering cost of running a generator for 2 days would be more than that.

What the IMF will advice you is no different from what Charles Soludo or Pat Utomi would say. They are economists, liberal economists. They are technocrats. They will not tell you what you'd like to here.

If Nigerians want constant power, they must be ready to pay a cost reflective price for it. These power companies aren't charity organizations. There is no incentive to invest if armtwisted to sell at a loss.

They will now come and say that you are an APC apologist, and a tinubu supporter.

The painful thing on Nairaland is that most Nairalanders don't want to hear your message. They are in pain from the economic hardship, and anything that means increases in prices, even if it means economic benefits in the long run, is anathema to them

But the truth is, we have been paying subsidsied power prices for years, and we have bad power. We don't get the message and blame 'corruption and bad government'. Well, the bad government started with them forcing subsidsied prices on the power sector.

Even the argument on african countries paying cost reflective tarrifs, dem go tell you it is because they have smaller population. .

ucheuzor1:


why not give us the power and let people bother about the payment. Honestly this country has degenerated into shit. I can't even sleep because of heat

With which money?

When GSM came to Nigeria, they were allowed to set their prices. Many people complained of being ripped off...and true true they ripped us off...earned large profits.

But you know, they used those large profits to build up our telecoms infrastructure and system, the one we all use today.

And service was poor in the early days. Back then, you could not make calls between networks, or call landlines, and as for browsing on your phone? Haha. Yet, Nigerians paid the price.

Your power sector does not have that advantage gsm had. They are forced to charge at a loss, are paid subsides that do not cover that loss, and many Nigerians owe them lots of money from unpaid bills, and they are forced to rip off estimated billed people to make something to keep them from collapsing.

And you expect these people to give you light 24/7? ON top of such disadvantages? OK. o, sorry, but that is magical thinking, not rational economic thinking.

There is nothing like electricity subsidy. When then want to double the price of something they use subsidy to cover up

All the subsidies must be permanently removed because Nigeria cannot sustain subsidies indefinitely, subsidies is the reason why we in this mess.

Imagine borrowing and spending trillions to subsidize everything from petrol to Naira , electricity and even education.

We are basically living a fake and unrealistic life, you just cannot keep spending what you don't have.

Nigerians love to make noise about foreign and other debts, but they still want to live on the same debt financed subsidies.

Continued subsidies means a totally bankrupt future..

nlfpmod:


https://www.channelstv.com/2024/02/14/just-in-fg-cant-continue-to-subsidise-electricity-power-minister/

This Minister of power lacks ideas...why will he be talking of shortage of gas in a gas rich country?

MarketDispatch:


This Minister of power lacks ideas...why will he be talking of shortage of gas in a gas rich country?

Because for a long time, Nigeria has not been harnessing its gas potential well...and this goes back decades.

We prefer to flare gas rather than use it.

Subsidy with these high tariff! I wonder what it would become without subsidy yet no power anywhere.

blacknp:
Tell your legislators to amend the law to reintroduce subsidy, instead of just sitting down in armchair ignorance blaming others.

You all where shouting we want deregulation, now they have given you deregulation, you start blaming others?

When did I sit with you to discuss deregulation? Is it until they overrule his govt before he will do the right thing


Na me u won dey use practice economics, I'm telling you reality, you're proving shit

adioolayi:


Electricity case is different..in the sense that, Petroleum subsidy we're being enjoyed by not only Nigerians, but huge populations of neighbouring countries. Subsidized petroleum products were being smuggled to those countries.

For electricity..the subsidy is solely for Nigerians and Nigerians only.

...and who told u neighbouring countries don't enjoy electricity from Nigeria??
Emelokan spotted fir u to carry that propaganda they sold to u guys and run with with it.

43Ronin:

What is this one saying Is the subsidy hampering the generation of sufficient electricity? Or is the subsidy the reason why our power generation keep dropping?. So the govt is subsidizing what we don't have? So if the subsidy is removed will that make the Gencos increase our power generation from 4kmw to 25kmw? Egypt with a lesser population has an installed capacity of 60kMw but generating 29kmw at the mo. So please answer me will the subsidy removal make the power generation increase or it just frees up more money for government looting

Yes, power supply will increase once electricity bills are cost reflective. Nigerias installed capacity is around 12,500MW. This is more than the nation currently needs.

I am certain that within 2 year, Nigerians will be assured of at least 20hours of power supply.

Deregulated pricing worked magic in the telecoms sector and would do likewise in the power sector Mtel which was forced to sell at a "masses popular" price of 22 per minute went under.

What is this one talking about?
Nobody is addressing the hardship in the country.
What exactly are we gaining from the government?


One day, the masses will hit the street and deal with the so called politicians.... Revolution loading

Oga minister, is the government using your money to pay for Electricity subsidy?

Minister of powerless and darkness is taking. Just keep it up and make sure you don't bother to contest for governorship election in oyo state o.

nairalanda1:


They will now come and say that you are an APC apologist, and a tinubu supporter.

The painful thing on Nairaland is that most Nairalanders don't want to hear your message. They are in pain from the economic hardship, and anything that means increases in prices, even if it means economic benefits in the long run, is anathema to them

But the truth is, we have been paying subsidsied power prices for years, and we have bad power. We don't get the message and blame 'corruption and bad government'. Well, the bad government started with them forcing subsidsied prices on the power sector.

Even the argument on african countries paying cost reflective tarrifs, dem go tell you it is because they have smaller population. .

What stops them from issuing out pre paid meter? What stops them from increasing our power generations? Must be read from the scripts written for him?

Will the minister says he doesn't enjoy power supply 24/7? He is more Nigerian than you and I?

I stopped taking him serious when he blocked the road at Molete last 3 weeks or so just to re-welcome him back to Apc.

money121:
Shey e gbo werey

Some people will come and defend this Nonsense now

"He is going to gather the best brains to work with him"

Shey best brain for electricity ni Bayo Adelabu


Hail Bayo Adelabu, second of his name, the Darkness Lord, to whom Light is a sin. He who sees power supply during harsh weather realities as an abomination.

Congregation: Hail Bayo x3. The Dark Lord, the anti-Light , Swallow and Destroy (NEPA) Light and give us Darkness Today.

I will not be surprised if we have plenty people defending this. We have so much duns that are suffering and smiling.

creolehunt:
When it comes to things that benefit the masses, they remember that the country is broke.

When it favors them, they damn all consequences.

I pity their moronic praise singers blinded by religion and tribal foolery

Aswae

Some Nigerian enjoy suffering or rather wants other Nigerian to continue to suffer due to the peanuts they enjoy from the administration in power.

Let's always remember Thomas Hobbes quote

We cannot get in the state of nature. Because nobody will be safe

Chachamiliano:


What stops them from issuing out pre paid meter? What stops them from increasing our power generations? Must be read from the scripts written for him?

Will the minister says he doesn't enjoy power supply 24/7? He is more Nigerian than you and I?

I stopped taking him serious when he blocked the road at Molete last 3 weeks or so just to re-welcome him back to Apc.

It is not a matter of pre-paid meter, it is a matter of bills not being cost reflective....and a matter that a lot of customers do not pay their bills.

Power costs between N50-71 per kwh. The cost of producing that power is above N80 per kwh. Countries who have 24/7 power like Ivory coast have charges as high as N180 per kwh for power in households. And most people pay over there.

But they can continue to steal from ordinary Nigerian and make them suffer....

Mu.mu government headed by a thievf