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Stats: 3,331,112 members, 8,448,738 topics. Date: Monday, 20 July 2026 at 06:28 PM

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Branco6's Posts

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PoliticsRe: 12.5kg Cooking Gas Price May Hit ₦‎18,000 In December by Branco6(m): 6:50pm On Sep 18, 2023
😄😄😄😄😄😄😄
PoliticsRe: HURIWA Slams Tinubu Over ‘Lopsided’ Appointments by Branco6(m): 1:44pm On Sep 18, 2023
georgeakins:
Which 35%?

Ibos and their fake statistics?

GEJ was pushed by Ibo leaders to marginalise the yorubas, despite being voted for massively in the South West in 2011.
It was the same Ibo people that took advantage of GEJ's naivety and ended up messing up his government
First of it's IGBO not ibo
Christ it's not hard to remember
Also GEJ gave the speaker position to the SW
Guess who rejected it? grin
PoliticsRe: Electricity Generation Drops 16% To 3,501MW by Branco6(m): 1:28pm On Jul 21, 2023
nairalanda1:
Will you sell bottled EVA water at N20 to help the poor then?
We agree to disagree i guess
PoliticsRe: Electricity Generation Drops 16% To 3,501MW by Branco6(m): 11:54am On Jul 21, 2023
nairalanda1:
Basically, the DISCOS are not being allowed to charge cost reflective tarrifs.

At one point in 2017 , they even had their bills frozen for 2 years.

Naturally, one won't be able to do much improving with such issues. Government still sets their prices, and pays them a subsidy that is not enough for their needs.

So the result is poor power supply, poor distribution and low geberation

( Just to show you how bad our generation is, Lagos alone needs 10000 MW daily for 24 hour light)

Until DISCOS are allowed to charge cost reflective tarrifs, and until there is an end to power stealing, and until universal metering is a thing...we are not going to get 24 hour light.

You can only give what you have, not what you wish you have.

Three or 4 discos have gone bankrupt because socialism


(Disclaimer: I do not support APC, PDP, LP or Tinubu. A good way to understand our power sector is to google PwC's report on the power sector...Solving the liquidity crunch in the Nigerian power sector...published in 2018 which gives a good account of the problems.)
See ehn i have no problem with this your theory
The problem is that theory can never ever work in Nigeria
How?
Okay in places where these kind of theories work,first the service is constant not up and down oo CONSTANT!!
Secondly the government makes sure that they are buffers in place to ease burdens of this theory
That's why the uk have benefits, The US welfare checks ,food stamps et al
Same for other countries in Asia and Europe
Can you hand on heart say the same applies in Nigeria
BusinessRe: Naira Hits N860/$ Record Low On Black Market Ahead Of Central Bank Meeting by Branco6(m): 8:21am On Jul 21, 2023
Wahala grin

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