₦airaland Forum

deomelo:
The privatization process was based on corruption and cronyism, they handed Nigeria's power assets to their cronies with zero knowledge about electricity and power management for pennies. They don't have money to invest and grow their operations with and the banks won't borrow them one kobo their business is based on corrupt, shaky and incompetent model. Nigerians are experiencing the sad effects of heir crooked and corrupt decisions.

The GENCOs should be rolling out all kinds of products from wind energy to solar and so on, but they can not because they are chronically in debt and the DISCOs on the other hand can not pay for energy deliveries because they are also poor and in debt so how do you encourage the average energy investor to invest in our power sector.

Nigerians are not even ready start paying full price for anything, they still want everything subsidized like babies with feeding bottles.

I don't see 24/7 electricity anytime soon.

You don't task GENCOs to roll out various energy type/solutions like solar, wind and electricity. What sane nations do is allow anybody who can generate power most cost efficiently for a chosen power type do the power generation.
That's why you hear of periodic power auction where top solar GENCOs for example try to deliver the best deal to their client or the government.

Go research the last paragraph and confirm it if true so you can stop blaming past admin senselessly and endlessly.
APC is not the first govt to have a predecessor.

Let them improve power instead of pointing finger at the privatization process. Same corruption ravaging oil and other key sector is what is ravaging the power sector.

Where is the improved supply Fashola promised us in exchange for tariff increase early 2016? Where are the prepaid meters.

9jaRealist:
Artificially capping the price of gas merely works to ensure that gas production is unattractive for gas producers (the IOCs, etc.)...
The gathering and processing of gas is a very CAPITAL INTENSIVE business, and that’s it’s been more attractive to produce for export.

Meanwhile, metering is actually an expensive undertaking (and yet people are discussing it here as if it has no cost implications at all), and therefore given the precarious balance sheets of the DISCOs rollout has been gradual. Hopefully, the onset of the so-called MAPs regime will speed up the process. In an estimated population of nearly 200 million, to have only 6 million registered electricity consumers sounds fishy.

Gas is cheap enough and very close to good number of gencos. Any other explanation are largely circumstantial. They power system men have no excuse to again.
Oga, metering of electricity isnt a expensive undertaken, has never been and would never be. You can prove me wrong.
What we have a corrupt system where nothing logical is given a chance to happen.

witchcraft is real but due to its unseen nature, people rock it or involve in it and deny.

partnerbizz5:
1 panel?

there are panels of over 300w that can be managed. It may not work iron, washing machine and heater but will go a long way in alleviating the suffering.

9jaRealist:
Depends on what you define as “too much”?
If (for example) you are paying about as much for a generator, then you are paying half of the REAL cost of electricity.

Nonetheless, as I mentioned elsewhere on this thread, capping tariffs at an average of N38/kWh for electricity generated at an average of about N60/kWh ensures that DISCOs (even if they achieve the impossibility of collecting 100% payments and no Nigerian steals electricity) will never have the balance sheet to attract the necessary capital (and there is a lot of capital across the globe looking for good long-term investments) to massively modernize and expand their facilities and improve upon (if not entirely eliminate) “reliability issues”!
>

The discos are corrupt and everyone knows this. If you are trying to justify estimated billing along with you indirect call for higher tariffs, then I am dissapointed. The discos can't tell us they are selling electricity at a loss to those already with prepaid metres. In 2016 they increased power rate and promised us improved supply but where is the improvement in supply?

Let's even address the claim of high cost of generation of electricity self, What drives the cost of electricity high in Nigerian between GENCOs and DISCOs? The have gas at unbeatable prices, pay staff run down salary, and have metres to measure what is being used. So what drives our own cost up?

9jaRealist:
Let there be cost-reflective tariffs for whatever is presently be supplied...
The present tariff regime ensures that DISCOs will never have the balance sheet to invest in capacity upgrades (they are NOT bankable).

The irony is that (whether they know it or not) Nigerians are already paying the real cost of electricity...
Either directly by paying for generators and fuel to power same or indirectly through the opportunity cost of not having power.
>

Remember in early 2016 when Fashola was removing the flat service charge of 750? He promised us improved power supply in exchange for an increase in the per kwhr rate of electric power supply. Have we really seen any improvement so far for the increase in power supply rate of 2016? I can't say I have any real improvement.

The first and most logical step is to get ride of estimated billing. I imagine a situation where MTN is having monopoly and they bill people in group according to which mast covers their area. One man who hardly calls will never be happy to share an estimated bill with another who calls always.

AutoJoshNIG:
We Should Frustrate Sales Of Electric Cars In Nigeria To Sell Our Crude Oil — Sen Ike Ekweremadu

Read about it HERE

The bold caught my attention. Later some will say Hausa and Yorubas are the greedy folks obsessed with oil. This one is even suggesting anti open market strategies as a way of selling 'our' oyel.

This is Nigeria.

Angelfrost:
Well, you guys have not been meeting the right ladies... For me, I have been very fortunate. Most of the ladies I meet are more than willing to do the spending... I was basically swimming in gifts from ladies (Not exaggerating)... That never changed upon graduating till date.

You guys need to up your wooing and dating game... It's only an insecure, needy guy with nothing to do with money that a jobless and lazy slay queen will turn to a personal ATM.

I personally avoid such ladies like the plague that they are.

When things go right, we are prone to explaining them as part of our effort and take glory.
I believe you are lucky or naturally posses some attribute that has helped you met the right ladies and not one useless wooing game. No wooing game will help you discern the mumu in a babe with such precision.

HigherEd:
Six months later, we met at the domestic wing of the Murtala Mohammed International Airport in Lagos, and you should have seen the look of surprise and happiness at the same time on the bishop’s face.

“This my son. Where on earth have you been?” Did you travel to Mars?” He hugged me so tight as if his life depended on it. He was all smiles. He started asking me questions about how ministry has been going, and I answered excitedly, with all the clarity he wanted.

We found a seat in the lounge and talked for about 30 minutes; because the flight was delayed by 30 minutes. He kept asking questions and I kept talking.

The next day, the bishop called me. He called me again after three days. From then on, seeing him became less cumbersome. That was how I became a regular keynote speaker at the Covenant University Special Programmes on Character Development and National Transformation.

If it was some other people that had been turned down, I am sure they would quickly concluded that the bishop isn't sensitive or some other negative things. I
Bishop Oyedepo works long hours and is about one of the busiest men I know of. It would be wrong for such a busy and equally important man to now go to take public flight and be delayed for 30 minutes.

olaolulazio:
Next level is certain.

In case you didnt understand the news, it means the IBEDC is Installing those meters I. order to support or continue estimated billing. We need prepaid meters.

KingMicky3286:
Hello everyone,

I am the only black person working in my work place in Asia. My salary is bigger than that of the locals due to my experience and educational value.

The locals are always want to know how much I earn as salary.

They are friendly, we don’t have issues as everyone minds their business/work.

I am comfortable with the salary. Should I reveal my salary to them?

Keep it secret sir.

Jayslicky:
Fraudster narrating how he met another fraudster, pot calling pot black.

Inform us when you liberate the gullible followers in your church.

Did apostle Suleiman defraud you or anyone you know?

What if he told you he did something legal, would the pastor have gone to confirm it? Very unlikely.

mapet:
1. You support a move done out of bitterness? You support a move that was not backed with any iota of explanation to show the benefits vs alternative?

2. Quality and Quantity education? pls tell that to the marines. This is just the same ole excuse that do not allow states to grow.
3. It would have even been honourable had Iheadio refered the issue of the creation of 6 universities and 4 polytechnics to a committee of seasoned educationist and business professionals to look at the feasibility and otherwise and advise him. This decision and approach is so amateurish and looks pretty bad.
4. Finally does Imo want to progress or retrogress? The world has moved on from the foolish politics of destroying your predecessor's works. You end up being consumed. Ambode will testify to this. The people are now aware that it is them you're spiting. Ihedioha by this action is spiting the people and not Rochas.

I don't support the move because of bitterness but because it was the right thing to do. Irrespective of whether Ihedioha did it out bitterness. No need for all those redundant points.

mapet:
...and as compared to what? Can you give 3 cities in Africa within the same earning bracket and population as comparatives? else I will take this your statement as uninformed sentimental cry.

You are free to take it as anything you want. Abuja alone makes a mockery of Lagos.
You hardly see senseless disorganisation you see in Lagos in Abuja. It is the adjoining states like Niger, Nasarawa and Kogi that introduce disorderliness to Abuja. Let small Lagos with huge earning improve on her road network alone.

mapet:
Bros,

You don't need to come to Lagos before we address something that not only does not make sense, but turns logic on its head. Olagunsoye Oyinlola created Osun State University with about 6 Campuses. Aregbesola came, he argued that it was too expensive to run 6 campuses and that all should be consolidated into one. He referred this to the Wole-Soyinka led education summit. This was further escalated to virtually all stakeholders concerned. At the end of the day Aregbesola lost the debate and 6 or so campuses still remains.

I would have thought there was a strategy in the creation of the 6 Universities and 4 Polys with each to serve a specific purpose. What was wrong with the strategy, Ihedioha did not address. How will it affect Imo people? NO? But it must be about eliminating any trace of Rochas. This is just a case of biting the nose to spite the face.

The new IMO Governor might have reversed the moves of Rochas out of bitter politics but I support the move and think it is the right thing to do. We need a blend of quality and quantity in Education and not all those mushroom learning centers Governors are creating 1 or 2 to the end of a 8 year ms stay.

asuustrike1:
Lagos is working because the party has master plan for years whereas other states don't

To me Lagos isn't working. When they make it as organised as Abuja, then I will take Lagos serious.

dingbang:
Look at the stupid comments I am reading on nairaland today. The reason why lagos is the only state that is working is because of succession, you will not see Sanwo Olu tearing down structures that Ambode built but starting from where he stopped, same thing ambode did after Fashola.

But what do you have in other states, total nonsense!

Lagos isn't working in the real sense of things. When you juxtapose their earnings against their achievements, you see that Lagos is even far below average.

budaatum:
Greetings my very Correct Guy.
May we always hunger.

hunger after a God with results. Look at our political system today. Filled with idol worshippers and we are bad for it.

vaxx:
who promote more lies here. You, your bible or your pastor or europoid religion you subscribed to? Anyway colonized slave fit you better.

Before you derail this into a personal warfare against me, I like to ask, why the traditional system and their gods or gods of the land couldn't inspire victory against the white man in their own backyard when it was being colonized?
Why lose the battle to an "inferior" religion?

vaxx:
SHOULD I called you mental slave agent or colonized slave? Which one is more preferable?

Whichever one suits your lies.

vaxx:
i need those who used their brain and not their brainwashed mind.....

Mr brain user use your mind.

These lie lie people again. All those Ifa and stuff all fall under satanic or dark power powered expoits.

Spinojaja26:
Please friends I need your advice, I am a teacher that teaches in one of the Govt. technical schools in Imo state.

I resides in the rural area due to the current transfer from the ministry, though I can go on transfer to any part of Imo state if I want. my problem is that all the ladies that I wanted to settle down with when I tell them what I do for a living and where I stay, they will quit the relation. it is becoming difficult for me to get a wife here.

Most of thwm are fake. They like forming.

davillian:
The 4th step can save you from on one chance people that uses POS .

I understand.

mmb:
Lagos – Africa’s richest man, Aliko Dangote, has berated the volume of smuggled goods coming into Nigeria through the Republic of Benin.

Dangote spoke at a stakeholders’ session in Lagos between the private sector and the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele.

He said smuggling activities from the Benin Republic route is killing manufacturing in Nigeria.


His words: “Smuggling is killing Nigeria and most of these smuggled goods come from the Benin Republic. There is no country that can survive with Benin Republic as a neighbour.

Details later…

https://www.independent.ng/no-country-can-survive-with-republic-of-benin-as-neighbour-dangote/?utm_source=&utm_medium=facebook

Trash talk. Close your borders and stop expecting your neighbour to shoot himself in the leg.

davillian:
1) your sim card connected to your bank should be kept safe ( mine doesn't leave the house )
2) lock your sim card
3) once you loose your phone that contains your bank account sim. Block the acc immediately.
4) I have 1 ATM card and have 3 bank acc.
Only 1 account has ATM card and used for online payment etc.
I keep a maximum of 10k in the account with card.
I just transfer what I need to the account with ATM card from the account without ATM card .

I lock my sim already and know it is connected to my account. That 4th step is one i have in mind but havent done yet.

Kyase:
Me too
Mosques too plenty for this side, dem need to reduce them, their noise early morning no dey sweet me at all...

Is it a bill to regulate preaching or prayers? That's how they outsmart Christians. Preaching is done mostly be Christians publicly. Prayer and teaching isn't same as public preaching or evangelism. Get it.

asuustrike1:
That means they wouldn't follow Edo route to Abuja right?

Onitsa to Benin To Kogi and them Abuja is there already. How shorter will this new Anambra Kofi Abuja link be?

Most Islamists are confused.
God gave us freewill and their interpretation of fate/predestination contradicts the reality of free will.

mightyhaze:
just 1m from that pile of loot is about 500million naira. Oboy all these politicians and so called leaders evil o. 500mill go build better research centre with state of the art equipment. That 211million pounds go build like 211 centres for reasearch all across Nigeria,like 6 in each state. Just one of the several abacha loot o. we never reach the ones when previous and subsequent rulers loot （and still looting o）.. Its crazy mehn！

I call it generational insurance policy. 211 million pound like that.