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Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH - Politics (11) - Nairaland

Nairaland Forum / Nairaland / General / Politics / Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH (30229 Views)

We Will Increase Tariff From July 1 - AEDC Alerts Customers / FG Secretly Raises Electricity Tariff - LEADERSHIP / NERC Directs Discos To Increase Tariff From April 1 (2) (3) (4)

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Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by Free2Fly: 1:47pm On Apr 04
AntiChristian:


Na your family go be terrorist that will be bombed away from Nigeria.
Na so you use your head collect curse early morning!

grin Jihadist don't curse; they do ''allahu akBOMB!''
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by Ebeano49(m): 2:28pm On Apr 04
Band or no band, we all know that the higher rate will be applied to ALL customers through the back door.
Who even sees up to 20hrs of uninterrupted power in this country?

1 Like 1 Share

Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 2:35pm On Apr 04
grandstar:


I am uninterested in this Zombie/Obidient nonsense. I am non-partisan. Simply stating an opinion that you find unfavorable then makes me a zombie is churlish.

What would Obi have done differently? The government needs 250bn monthly to give power providers and does nor have it. It already owes them 2.9tr and due to this, they can't pay for gas. The sensible thing to do is to raise the price.

What would Obi have done differently? Any move he would have made would have been screwed by the opposition controlled legislature.

Obi traveled to Egypt to understudy their piwer sector. Egypt of all countries!

The government has plans over the next 5 years to provide prepaid meters, in yearly phases to clear up the backlog. So there's a plan on ground.

The problem from the getgo was that the Jonathan government botched the privatization of PHCN and the country is paying the price for it. Well connected companies bought these firms rather than qualified ones.


Keep fooling yourself, you claim non - partisan yet you mentioned Obi, was Obi the only presidential candidate?
What about fighting corruption and stopping wasteful expenditures?
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by 6footplus(m): 2:58pm On Apr 04
aieromon:


The tariff increase is only applicable to Band A customers!!!

Even village like Iju Ishaga is among the Band A. Just imagine 10k that was getting us 133 units is now getting us 41 units as of today.

Dem no even give us small gap to brace for the change. Na with immediate effect
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by socialmediaman: 3:05pm On Apr 04
Max24:

Typical obidient. Just abuse. No sense to debate issues that can offer alternative solutions. Same way Obi is criticising without giving his alternative solution. Do you see Republicans criticising Democrats without stating their own solutions? Even in developed countries rates are not the same just as rent is not the same. Your so called APC zombies are more forward thinking than your herd mentality.

You called OBIdients “illiterates” but couldn’t take the name calling? Na so una de do for here?

1 Like

Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 3:15pm On Apr 04
Tenshades:


Go back, read and comprehend, you dimwit.

Says a clown.


If you are honest to yourself, you would have pointed out the errors or misconceptions by ppl.
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 3:15pm On Apr 04
AOresources:


Na your papa be clown!

Ha Ha Ha
E Pain you die.

Clown

Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 3:18pm On Apr 04
Max24:

Typical obidient. Just abuse. No sense to debate issues that can offer alternative solutions. Same way Obi is criticising without giving his alternative solution. Do you see Republicans criticising Democrats without stating their own solutions? Even in developed countries rates are not the same just as rent is not the same. Your so called APC zombies are more forward thinking than your herd mentality.

Zombie, when you ppl are ready to think and act rationally, then we can talk.
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 3:20pm On Apr 04
IbeOkehie:


Dear Sir, the MAGNITUDE of corruption in Nigeria can never surpass what happens in USA, China, Australia or even Japan. Simple reason....Nigeria has very little money available to be stolen.

Again.....WHY is Nigeria so poorly ranked in the Corruption PERCEPTION Index? Note the word perception, it's there for a reason.

Good Luck to Nigeria

I hate to argue things that are obvious.
Is corruption index based on amount stolen or frequency or level of corruption on the system?
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by Rejoice28(f): 3:52pm On Apr 04
Friends Jesus Christ loves y'all and he want you to accept him as your personal lord and saviour by giving your life to Christ, believing in him and repenting of your sins.remember tomorrow might be too late. Shalom

1 Like

Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by IbeOkehie: 3:53pm On Apr 04
blueAgent:


I hate to argue things that are obvious.
Is corruption index based on amount stolen or frequency or level of corruption on the system?

The answer lies in articulating the CAUSE of corruption in ANY country. Then everything becomes clear.

I await your answer - What is the CAUSE of corruption?

Good Luck to Nigeria.
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by billyG(m): 3:58pm On Apr 04
Thunder Fire them!
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by Max24: 4:58pm On Apr 04
blueAgent:


Zombie, when you ppl are ready to think and act rationally, then we can talk.

Keep ranting. Tinubu will spend his 8 years and it will be the most impactful administration in the history of the country
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by benedictnice(m): 5:45pm On Apr 04
Na band Z we dey use for my area
AntiChristian:
Only Band A users tarrif is increased!

Band B-E still dey N66/KWh!

How many of Una dey band A that uses minimum of 20 hours electricity per day?

Band A are those who uses minimum of 20 hours electricity per day! Only the pricing of these people were increased! Many people in band A were downgraded to Band B.

Band B uses minimum of 16 hours electricity per day!

Band C uses minimum of 12 hours daily!

Band D uses a minimum of 8 hours daily!

Band E uses a minimum of 4 hours daily!
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 5:50pm On Apr 04
Max24:

Keep ranting. Tinubu will spend his 8 years and it will be the most impactful administration in the history of the country

Who cares? If he likes he should spend 400yrs, your life would only get worst. cool
Clown.

Most impact in distributing poverty and hardship

Olodo
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by Max24: 5:52pm On Apr 04
blueAgent:


Who cares? If he likes he should spend 400yrs, your life would only get worst. cool
Clown.

Most impact in distributing poverty and hardship

Olodo
Nah you know. May your ranting never stop !
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 5:53pm On Apr 04
IbeOkehie:


The answer lies in articulating the CAUSE of corruption in ANY country. Then everything becomes clear.

I await your answer - What is the CAUSE of corruption?

Good Luck to Nigeria.

What kind of meaningless question is this?

You have Google to ask and you are asking me.

Human greed and selfishness, which is inherent in blacks than any other race.
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by IbeOkehie: 6:35pm On Apr 04
blueAgent:


Human greed and selfishness, which is inherent in blacks than any other race.

grin grin grin

Greed and selfishness are common human failings that can only be acted on when there's OPPORTUNITY to do so.

The major cause of corruption in Nigeria is

government ownership of economic resources & commercial companies,
government payment of subsidies and
government regulation of prices.

That's it. Once all that government involvement is abolished, there will be very little opportunity for anyone to act upon their natural tendency to be greedy, wicked and selfish. I've never heard of anyone consenting for sex as a condition to admission to Covenant or Igbinideon Universities, but it's rampant at Unilag.

Evidence in Nigeria - telecoms, cement and broadcasting companies. Very little complaints of corruption in those industries because government has very little involvement in their operations.

Simple stuff, but somehow very hard for Nigerians to comprehend.

Have a good day.

Good Luck to Nigeria.

3 Likes 1 Share

Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by omohayek: 6:55pm On Apr 04
IbeOkehie:


grin grin grin

Human greed and selfishness are common human failings that can only be acted on when there's OPPORTUNITY to do so.

The cause of corruption in Nigeria is government ownership of economic resources & commercial companies, government payment of subsidies and government regulation of prices. That's it. Once all that government involvement is abolished, there will be very little opportunity for anyone to act upon their natural tendency to be greedy, wicked and selfish.

Evidence in Nigeria - telecoms, cement and broadcasting companies. Very little complaints of corruption in those industries because government has very little involvement in their operations.

Simple stuff, but somehow very hard for Nigerians to comprehend.
My thoughts exactly. Nigerians suffer from a strange mental block when it comes to understanding that the highly subsidized living they feel entitled to is at the root of the rampant corruption and slow growth they constantly wail about. The more government interferance in the economy, the bigger the scope for corruption.

3 Likes 2 Shares

Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by socialmediaman: 7:03pm On Apr 04
omohayek:

My thoughts exactly. Nigerians suffer from a strange mental block when it comes to understanding that the highly subsidized living they feel entitled to is at the root of the rampant corruption and slow growth they constantly wail about. The more government interferance in the economy, the bigger the scope for corruption.

the US government provides subsidies on electricity to lower the cost of production for companies, and electricity costs to consumers
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by omohayek: 7:10pm On Apr 04
socialmediaman:


the US government provides subsidies on electricity to lower the cost of production for companies, and electricity costs to consumers
So what? It doesn't disprove the point that the more government interference, the bigger the scope for corruption.

Just because there's more room for corruption doesn't mean corruption will always occur, but countries like the USA have stronger institutional checks on corruption than a basketcase like Nigeria. In the USA the judiciary and the legislature are truly independent of the executive, the states have real autonomy (as they don't depend mainly on federal handouts), and enough voters care more about corruption than mere tribal and religious allegiance (millions of Trump-supporting dimwits notwithstanding).

Precisely because Nigeria lacks the strong institutions the USA enjoys, it has less room to tolerate government intervention in its economy. How exactly do you think the incompetent owners of the DISCOs and GENCOs got where they were if not for sweetheart deals made under GEJ's government?

5 Likes 1 Share

Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by IbeOkehie: 7:16pm On Apr 04
omohayek:

My thoughts exactly. Nigerians suffer from a strange mental block when it comes to understanding that the highly subsidized living they feel entitled to is at the root of the rampant corruption and slow growth they constantly wail about. The more government interferance in the economy, the bigger the scope for corruption.

Same thing in the great USA. We know ALL crude oil blocks & leases in Nigeria are ultimately owned and allocated by government. We know the corruption that goes with it.

In the USA most crude oil blocks & leases are privately owned...but there's a small percentage that's owned by the Federal Government because they're on federal lands. Here's a report on the corruption that goes on there:


New York Times
By Charlie Savage
Sept. 10, 2008

https://www.nytimes.com/2008/09/11/washington/11royalty.html

WASHINGTON: As Congress prepares to debate expansion of drilling in taxpayer-owned coastal waters, the Interior Department agency that collects oil and gas royalties has been caught up in a wide-ranging ethics scandal — including allegations of financial self-dealing, accepting gifts from energy companies, cocaine use and sexual misconduct.

In three reports delivered to Congress on Wednesday, the department’s inspector general, Earl E. Devaney, found wrongdoing by a dozen current and former employees of the Minerals Management Service, which collects about $10 billion in royalties annually and is one of the government’s largest sources of revenue other than taxes.

Privatization, abolishing subsidies and deregulation of prices is the solution.

Good Luck to Nigeria.

1 Like

Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by socialmediaman: 7:23pm On Apr 04
omohayek:

So what? It doesn't disprove the point that the more government interference, the bigger the scope for corruption.

Just because there's more room for corruption doesn't mean corruption will always occur, but countries like the USA have stronger institutional checks on corruption than a basketcase like Nigeria. In the USA the judiciary and the legislature are truly independent of the executive, the states have real autonomy (as they don't depend mainly on federal handouts), and enough voters care more about corruption than mere tribal and religious allegiance (millions of Trump-supporting dimwits notwithstanding).

Precisely because Nigeria lacks the strong institutions the USA enjoys, it has less room to tolerate government intervention in its economy. How exactly do you think the incompetent owners of the DISCOs and GENCOs got where they were if not for sweetheart deals made under GEJ's government?

You could’ve simply taken the information, thanked me, then kept quiet.
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 9:26pm On Apr 04
IbeOkehie:


grin grin grin

Human greed and selfishness are common human failings that can only be acted on when there's OPPORTUNITY to do so.

The cause of corruption in Nigeria is

government ownership of economic resources & commercial companies,
government payment of subsidies and
government regulation of prices.

That's it. Once all that government involvement is abolished, there will be very little opportunity for anyone to act upon their natural tendency to be greedy, wicked and selfish. I've never heard of anyone consenting for sex as a condition to admission to Covenant or Igbinideon Universities, but it's rampant at Unilag.

Evidence in Nigeria - telecoms, cement and broadcasting companies. Very little complaints of corruption in those industries because government has very little involvement in their operations.

Simple stuff, but somehow very hard for Nigerians to comprehend.

Have a good day.

Good Luck to Nigeria.




You are half smart.

The bulk of corruption occurs in government ministries and parastals, the executive the legislature and the judiciary as well as the police.

Are you suggesting we privatise those agencies and arms of government ?
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 9:27pm On Apr 04
Max24:

Nah you know. May your ranting never stop !

Am sure you have nothing to eat this night. grin

Zombie.

No worry 2027 is far, very soon poverty would reset your brain.


Clown.
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by omohayek: 9:35pm On Apr 04
socialmediaman:


You could’ve simply taken the information, thanked me, then kept quiet.
You should have taken your own dumb advice, instead of exposing yourself as having an IQ below 70.

2 Likes

Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by Max24: 10:27pm On Apr 04
blueAgent:


Am sure you have nothing to eat this night. grin

Zombie.

No worry 2027 is far, very soon poverty would reset your brain.


Clown.
Nah so. Come and give me corn to eat. Ebi Npawa ooo. Mumu oshi !
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by IbeOkehie: 1:11am On Apr 05
blueAgent:


You are half smart.

The bulk of corruption occurs in government ministries and parastals, the executive the legislature and the judiciary as well as the police.

Are you suggesting we privatise those agencies and arms of government ?

There's no country in the world with zero corruption. Certain public functions can only be done by government to avoid self dealing and promote fairness. There should be severe restrictions on the expansion of government beyond those functions.

Also note that with privatization and deregulation, the vast majority of government agencies can be abolished. For example, there's no need for a Ministry of Sports or government controlled Nigeria Football Federation.

The advancement of technology can convert certain public functions into private activity. Example block chain currencies like bitcoin can replace the naira and thus the Central Bank. Further back in time improved technology made telecom monopolies obsolete, same as solar electricity will reduce the need for a central grid system.

Abolishing government subsidies, control of resources, ownership of commercial institutions and regulation of prices - and the agencies that administer them - will drastically reduce corruption and also cut down the cost of government.

Evidence abounds. Unilag vs Covenant University or NITEL/MTEL vs private telecoms companies. Cement Armada subsidy corruption vs privatized cement companies.

When privatization & deregulation is implemented, it will result is strong economic growth and increased government revenue. There will be enough for government officials to steal without heavy impact on the lives of citizens. This is the case in every developed country including USA, China, Singapore and Japan.

When such stealing does occur, it's up to the citizens to hold politicians accountable at the ballot box.

Thanks.

Good Luck to Nigeria.

1 Like

Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 7:41am On Apr 05
IbeOkehie:


There's no country in the world with zero corruption. Certain public functions can only be done by government to avoid self dealing and promote fairness. There should be severe restrictions on the expansion of government beyond those functions.

Also note that with privatization and deregulation, the vast majority of government agencies can be abolished. For example, there's no need for a Ministry of Sports or government controlled Nigeria Football Federation.

The advancement of technology can convert certain public functions into private activity. Example block chain currencies like bitcoin can replace the naira and thus the Central Bank.

Abolishing government subsidies, control of resources, ownership of commercial institutions and regulation of prices - and the agencies that administer them - will drastically reduce corruption and also cut down the cost of government.

Evidence abounds. Unilag vs Covenant University or NITEL/MTEL vs private telecoms companies. Cement Armada subsidy corruption vs privatized cement companies.

When privatization & deregulation is implemented, it will result is strong economic growth and increased government revenue. There will be enough for government officials to steal without heavy impact on the lives of citizens. This is the case in every developed country including USA, China, Singapore and Japan.

When such stealing does occur, it's up to the citizens to hold politicians accountable at the ballot box.

Thanks.

Good Luck to Nigeria.

Who told you there is no corruption in the private sector?
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by IbeOkehie: 10:31am On Apr 05
blueAgent:


Who told you there is no corruption in the private sector?

smiley

Of course there is. It's different from government related corruption because

(1) The business will suffer the consequences, not the public.

(2) Customers most times have a say in patronizing the business.

(3) Competing businesses provide alternatives.

Ever heard of admission officers demanding sex as a bribe at private universities? It happens at federal and state universities, video abounds on the internet.

Private banks that give out corrupt or foolish loans will suffer the consequences and fail. Diamond Bank is a good example. A major shareholder installed his son as CEO. That's a form of corruption called nepotism.

Unfortunately the son wasn't very good at the job. His family lost a lot of money when the bank collapsed.

If Diamond Bank was owned by government the losses would have been borne by the public. There would also have been a lot of controversy about the sale to Access Bank.

MTN in the early days of telecoms was corruptly overcharging customers based on per minute billing. People complained. Globalcomm then provided an alternative per second billing and the rest is history.

I've recounted evidence from the past. Now prediction. The new Renting Laws in Lagos state are a form of price regulation. Enforcing them will result in higher prices and corruption. We will all read and hear the stories in the coming years.

Corruption exists everywhere. The real quest is how to reduce it. The evidence is that such reduction can be accomplished by implementing widespread privatization of resources and commercial institutions and deregulation of prices.

These are simple, easily deduced facts. I don't understand why Nigerians are so in love with socialism despite available evidence that we all have lived through in the past 20 years or so. Well actually I do know why, but let's not get into that.

Thanks anyway, have a good day.

Good Luck to Nigeria.
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 3:14pm On Apr 05
IbeOkehie:


smiley

Of course there is. It's different from government related corruption because

(1) The business will suffer the consequences, not the public.

(2) Customers most times have a say in patronizing the business.

(3) Competing businesses provide alternatives.

Ever heard of admission officers demanding sex as a bribe at private universities? It happens at federal and state universities, video abounds on the internet.

Private banks that give out corrupt or foolish loans will suffer the consequences and fail. Diamond Bank is a good example. A major shareholder installed his son as CEO. That's a form of corruption called nepotism.

Unfortunately he wasn't very good at the job. His family lost a lot of money when the bank collapsed.

If Diamond Bank was owned by government the losses would have been borne by the public. There would also have been a lot of controversy about the sale to Access Bank.

MTN in the early days of telecoms was corruptly overcharging customers based on per minute billing. People complained. Globalcomm then provided an alternative per second billing and the rest is history.

I've recounted the past. Now prediction. The new Renting Laws in Lagos state are a form of price regulation. Enforcing them will result in higher prices and corruption. We will all read and hear the stories in the coming years.

Corruption exists everywhere. The real quest is how to reduce it. The evidence is that such reduction can be accomplished by implementing widespread privatization of resources and commercial institutions and deregulation of prices.

These are simple, easily deduced facts. I don't understand why Nigerians are so in love with socialism despite available evidence that we all have lived through in the past 20 years or so. Well actually I do know why, but let's not get into that.

Thanks anyway, have a good day.

Good Luck to Nigeria.

Am a strong advocate for capitalism and private sector control of the economy, you can check my quotes.

What you fail to understand is that what works in Western climes does not work here in Africa.

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