₦airaland Forum

Only me has been asking where is Agbado king?now Reno another thinker has joined me.

Political contractor!d same Tinubu he called & proved to be a drug baron & junkie like himself.

We thank him for that but let him go & rest.

Who said women are weaker sex... she get mind killed & chopped her fellow woman like this?

Na keyamo dey behave like this...even Dino will not,by d way who is the woman in judge attire in the background potriat?

See how those northern urchins & their inept leaders took Nigeria to an economic black hole,economic depression.

29kobo:
Which is all very well, until it is time to recoup their investment.

Keep in mind that any price government sets for the discos is always below the actual cost of producing one unit of power, then all I have said begins to look understandable. It took me some time to realize this.

Please work out all cost of producing one unit of power
From 1.hydrogenerator
2.gas turbine generator.

29kobo:
A summary of what I have been saying can be found in a comment from 2018 by Kingsley Moghalu...

At the time , power cost N20-30 per kwh. Moghalu stated that it was costing us N53 per kwh to produce that single unit.

Since then, the price of power has increased, but the cost of production has increased more than the cost of power (PwC put it at N83 per kwh in 2019).

The guy you quoted, like most Nigerians, and you too, is angry because it means high prices for Nigerians. And he is right. I admit that my point essentially means Nigerians have to pay high prices for power. But then again, charging cheap prices for power in the name of helping the poor...means that you run huge losses, and as has been seen...government has to take over again.

If you do not get it...well, okay.

Even if you people charge #500/kWh the inefficiency will still be there, remember diesel, kerosene was deregulated long time ago,they said forces of demand & supply will bring it down,where are d suppliers today...no kerosene no diesel,no refineries.

Agboriotejoye:
This is why I keep saying you're ignorant which you find uncomfortable.
Why will anyone compare the conditions under which telcos came in with that of Discos?
Telcos procured every aspect of their operations up to the broom they used to sweep by themselves. You now compare with Discos and Gencos who inherited working albeit dilapidated infra and not only that, got a good deal of financial support from govt through NBET.
Quick question. Can you name the equivalent of NBET in the telecoms sector?
The idea of price setting which is performance based is not unique to Nigeria. Germany and South Africa also have same approach.
So stop making it seem as if performance based tariff review is evil. It's not. It's even better than open tariff because it protects the consumer while ensuring the operator puts his best foot forward.

Well done!you have educated him enough...his only point is cost based tarrif increase.

29kobo:
My good fellow, read the links. Thank you.

Also, the telecoms were allowed to set their prices, while the discos were not. Big difference.

I insist, read the links.

Nowhere in my comments did I talk about meters, either for or against. Plus, how would the discos get the money for meters? Partly from the profits raised from..... tarrifs.

Read the links, and don't quote me until you do. Thank you.

I think I have engaged you in this topic before...investors need to come with their own money,invest heavily on equipment, prepaid meters,switches,transformers etc not relying on old NEPA equipment to distribute electricity.

Where is the Agbado king?

48 laws of power... sometimes you scoop to conquer.

See how big a lion head compared to humans,if by misfortune the lion knock a spear,sword or a rifle out of his hand,he is finished.

That freak cannot be shettima na!

Look like Charlie boy is aging backward.

Next time lace her vibrator with hot pepper,and thank me later.

I thought Lai Muhhammed said turji has been killed?

This story remind me of another story
The judge asked the killer of former Egyptian President, Anwar Sadat, "Why did you kill Sadat?"

He said to him, "Because he is secular!"

The judge replied: "What does secular mean?"

The killer said: "I don't know!"

In the case of the attempted assassination of the late Egyptian writer, Naguib Mahfouz, the judge asked the man who stabbed Naguib Mahfouz, "Why did you stab him?"

The terrorist said: "Because of his novel - The children of our neighborhood."

The judge asked him: "Have you read this novel?"

The criminal said: "No!"

Another judge asked the terrorist who killed the Egyptian writer 'Faraj Fara': "Why did you murder Faraj Fouda?"

The terrorist replied: "Because he is unfaithful!"

The judge asked him: "How did you know he was unfaithful?"

The terrorist replied: "According to the books he wrote."

The judge said: "In which of his books did you know he is unfaithful?"

The Terrorist: "I haven't read his books!"

Judge: "How?"

The terrorist replied: "I can't read or write!"

Hate never spreads through knowledge. It always spreads through ignorance. This is how societies pay the price of ignorance.

Ignorance is the reason we hate others based on what we heard about them not what we know.

Please don't hate anyone because of what they told you about him.

Let's pls think twice before displaying unwarranted hatred !
It illustrates the behaviour of majority of some people in Nigeria.

Only #16bn make dem make am #16tn onya ara gonment!

Fighter jets wey no fit decimate bandits that one na jet.

Two years for her own body,her own toto fa! The same people whitemen discovered naked forming civilised.

How do u people get this kind job sef?

This one na hate speech na!

Mstick:
Nigeria is currently being ran like Lagos.

No wonder d economy is d worst since independence.

15yrs in DSS custody impregnated where is FIDA.

Na 70something yrs old man get fresh,strong muscles like this.

How come such a large ship passes via thier perimeter unnoticed,loaded crude & left,even a fast moving frigate cannot outran it,that tiny equitorial guinea navy has to help us arrest it.all because they refused to settle.may be the naval charge is more than d nnpc charge.

See how kwankwaso blew his chance of becoming VP.

Nice one!the sun for Maiduguri fit smoke fresh fish in 2days.

US coast guard wey superior pass NN...it will be like wetin you carry come?

This is made up story,who gave him d knife?was he sleeping naked?even d 1st pain he did not wake up.

Kagd10:
That's what you've seen for yourself.

Point of correct for BAT...am not contesting.