₦airaland Forum

Can you just imagine; these people are wicked! But it also shows that NRC does not monitor the rail lines. This is high negligence on their part.

Ofunaofu:
https://dailytrust.com/akpabios-senate-presidency-will-spell-doom-for-the-north-acf/

But why do these people talk like this.....how will it spell doom for you?! Did Buhari's presidency sef make the region any better? These people should desist from making inflammatory statements like this. It's not good for democracy. No one region can have it all! You already have the Vice President, Deputy Senate and Speaker of the House; what else do you want again?! These people must be cautioned, our country must move forward.

Isn't this wickedness!

nairalanda1:
So, if you were selling bread that cost you N1000 a loaf to make, you would sell it at N200 per loaf to help poor Nigerians.

No profit to pay your suppliers, and workers, and your taxes, and yourself.

But hey, that's the thing you endorse.

Good afternoon.

And don't call me an APC, Buhari, or tinubu supporter again, and I am not in the power sector.

If you're not in the power sector or a direct beneficiary you won't be saying all these. We're seeing the last of all these DISCOS. Most of them will soon leave business for competent and financial strong companies to come into the power sector.

nairalanda1:
Oga, things cost money.

Thank God we're entering a new administration. If you think all the nonsense you did under Buhari will be tolerated by Tinubu; you're joking. How will you even explain this to him? The Tinubu I know will rather tell you to close down than to impose any further increase which does not guarantee supply. He's someone that rationalizes things alot. Tinubu will review the privatization done in the power sector and believe you me; many of you will leave business for lack of capacity. We're actually seeing the last of your nonsense in this country!

nairalanda1:
.

They do. Very much so. And yes, they reject power from GENCOS becasuse their low monies from tarrif collection means they cannot pay for the power they eventually reject. If they accepted it, the debt they would incur would make their current disastrous debt look like chicken change.



And who were allowed to SET THEIR PRICES. Nothing like price controls, and services back in the day were very bad (The reason why many Nigerians started having two phone lines is because for a time you could not use MTN lines to call other networks and vice versa, and you could not call NITEL lines or any other land lines)

But they were allowed to SET THEIR PRICES.....and as a result, they made a profit and made things better, and prices eventually came down because compettion.

DISCOS can't set their prices...and government even prevented them from rasing their prices as allowed by the laws for two years.





Oga, even with the price increases, government DOES NOT LET DISCOS RAISE PRICES ABOVE WHAT IT COSTS TO PRODUCE POWER.



Now before you quote me again, answer this question.

You are rasing chickens, and it costs you N5000 to raise one chicken. Broilers. Would you sell them at N1000 to help the poor, or at N7000 to make a profit?

How do you want to make more money when you're not even supplying the electricity? Even at the current rate does the supply commensurate with what people are paying for? Give us the steady power first and let's see if people won't pay even if the tariffs increases. If you people lack the capacity and funds to do business it's better they unbundle you people and bring in serious investors who have the financial and technical muscle for the power sector. You can't come and strangulate us with high tariffs just because you want to keep your business afloat.

nairalanda1:
Yeah we had the same issues with NITEL...then we brought in the GSM companies, which not only did well, but beat NITEL very well

Why? Because private companies rely on the profit they make. That is why sabotage cannot work for them.

Electricity in Nigeria, wherther they work or not, when they were owned by government, money always came from government, plus they could use wayo to get more money.

Once they were privatised, government put in place PRICE CONTROLS...which meant that for them to make more money they had to resort to wayo means since price controls in essence made them operate at a loss. Then there is the fact that 30-40% of customers DO NOT PAY FOR POWER.

You want things to run well...you need to make a profit. Last time I checked, Nigeria does not manufactre anything needed for power generation and distribition except cables and meters.

The tariff is not the issue here, most of these Discos lacked the technical know-how and capacity to operate. To the extent that they even reject load from the Gencos. Unlike the telecoms sector where established companies were brought into the country, NEPA was broken down and sold off to politicians who had next to zero technical knowledge and capacity to handle such a critical sector. Also most of these companies didn't have the initial financial capacity to buy NEPA. What they are trying to do by raising tariff which does still not guarantee steady power supply is trying to rub Peter to pay Paul. So people should pay more for darkness; does this make any sense to you? This is pure evil!

Nigeria became as dead as the man himself. No wonder Trump said he's the most lifeless person he's ever met

nairalanda1:
The fact those countries charge higher is why they can afford sustained power.

Plus, Ghana gets 25% of its gas supply for power from Nigeria, for example.

Believe me even if Nigeria charges as much as those countries it still wouldn't guarantee steady power supply. Nigeria's epileptic power is actually a human problem. There are people in the power sector who are profiting heavily from the darkness. Except the next government deal with the deep corruption in the power sector and review the shambolic privatization done by the previous GEJ administration nothing will change. Most of these Discos were actually setup for revenue collection for the govt; not to facilitate improvement in the power situation. That's the frank truth. The privatization was a scam!

These people are not okay.... they're comparing the rate in Nigeria with countries we're actually supplying with power.

RamseyKush:
Don't be a fool..
We all suffered in this administration..
Since you're used to suffering, you feel too comfortable with it😅

Tinubu won't be any different and that's even if he gets sworn in.

Na you go suffer...me go enjoy for this next administration IJN!🤪

RamseyKush:
Incoming government
Like tinubu is any different from his predecessor 😑

E pain you... hopefully Tinubu will be different 😉

Well said! The money should be returned or left for the incoming administration to decide if the term of usage can be adjusted for investment into productive capital project. But that money must be accounted for and left intact.

Normal....not everybody will be on thesame page with the President. That's politics; opposition will always come from within and without.

They have a government and a President. Google is your friend.

That's why Tinubu said most people suffer from "Poverty of Reasoning" the following day. Rufai is number one.

Rubber stamp Senate as usual!

This present NLC leadership might just be nearing it's end. It's partisanship is well known.

She's right to a large extent especially guys that try to use money to buy love.

If they were well trained on safety they won't put up that dangerous show. They need to be re-trained. Quick recovery to the injured.

Which faction does he belong to 'cos I heard LP has like 4 candidates already?

How's the security situation in Anambra and SE now? You can't expect people to work where there's no security.

Don't worry Nigeria will take back her place as the leader of Africa once Tinubu gets to power.

How many heads will they tell him to bring for their ritual? Fire burn them!

donbachi:
If you're 22 today,8years time you will turn 30.
Your dream of owning a mansion, marrying at 25, traveling all over the world at 27, driving lambo, Ferrari and Bugatti... will all be shattered.
Do you know why?
You destroyed your future today with your own hands.

You lack wisdom. Anyway for me and my family, Tinubu's tenure will be highly favourable and sweet for us IJN!

Go and see your doctor for best medical advise. And whoever told you your nitric oxide or whatever in your body is low should be able to provide you with solution too. See your doctor, don't stress yourself with all the advices you'll get here.

Our yee'bo people have gone there to develop the place as usual. Always causing Nigerians to be deported all over the world.

This' the most honourable thing to do for him. This is certainly not the best time to hold such a sensitive exercise; looking at the security situation of the country and the general preparedness of the Census commission. It'll certainly end up in controversy if he goess ahead with it.

That Obasanjo's ADC Colonel Chris Jemitola was the most handsome ADC ever. Tall, handsome, straight and fit

Jogs1900:
Thank you.

It means the monarchy shares power with the prime minister just the way Azikwe shared power with Tafawa Balewa in the first republic.

For any bill in the UK, the King's accent is needed to make it a law.

With this, it means the monarchy still performs a constitutional role though limited.

Did you even open the link I sent you? Azikwe didn't share power with Tafawa Balewa.