Jakarta's Posts
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Rats are omnivores animals they eat both plants and animals. Their survival instinct and adaptation Na follow come. Dem Sabi manage anything dem see be it plant, animals, paper, even human sole. That year for village for my grandma house rat they eat our bottom leg when we dey sleep, you go only know say dem eat your ur leg when u match ground for morning. |
nairalanda1:Ogbeni it is not about wanting free power or not. Nigerians are ready to pay for a steady and reliable power. It is the Discos who want to reap where they did not so. The government subsidy money has made them very lazy. they are thieves, lazy and inefficient. Even if the FG clears all their subsidy backlogs nothing will still change because DisCos want to fold their hands and receive fat checks from the government. Subsidy has become free money to them. How can a business fail to collect its own money from her customers? You can't distribute the electricity you have efficiently, you can't meter your customers, you can't check for broken cables and bypass, you don't even have money to invest in your business in a normal business setting shouldn't such a business be bankrupt, or sold to the highest bidder by now? As for the government they should stop paying subsidies to DisCos directly. They should instead target the consumers, let DisCos go and collect their money from their customers, it should be as simple as that. |
sandra2025:Ogbeni you for don let pepper pass my nose from laughter, 😂 😂 😂, my guy dey wish God can twist his hands, Una no go keel person with laugh for this place. See painment pro max. |
Eba50:Ogbeni you are just being lucky, and you are yet to experience the law of large numbers. Going by your logic, let's say your total average weekly odds is 1.20 meaning at least #2k profit weekly for a #10k bankroll, with compound interest your 10k should be worth over #1.4B after a year. I wan know weytin con dey stop you from turning #10k to #1.4B in 12 months? With betting if you are not doing one of arbitrage (most secured but less profitable), matched betting (supposed to be guaranteed, but hell with Nigeria bookmakers), value betting (most profitable but bookies will frustrate you) you can't make sustainable profits. Know this and know peace. |
Sinkara:Ogbeni I remember you created a thread then after you won the #830k advising people never to give up on sports betting. Here you here lamenting, no be u say make people no give up? Why you wan give up na on betting if e sure for you? You funny die 😊 |
Last last everybody wan cash out. |
Skydiv:Ogbeni don't waste your time on the Hollodo uprising class prefect, one day his elder broda or a more learned fellow will go throgh his phone and see these posts, then dem go explain to am like atakara students. |
[quote author=reddingtonblack post=140213775][/quote]I don't want to write lengthy epistles in order not to make my response too long thereby making it more difficult for you to comprehend. According to you, the benefit of subsidy is "cost relief". Ogbeni look around you: what is the financial relief of a subsidised electricity tariff when you are spending #10 - 5k daily on petrol just to power your house? You think you are getting a discount, but you are paying double. You pay via the National Treasury (1.2T from the federation account) and still pay out of your pocket for generators, inverters, and prepaid units that give you an almost zero stable light. If you cannot see that this so called "discount" is a psychological trap designed to keep you quiet while the sector decays, then I pity the innocent teacher who truly wasted their time on a brick wall. Defending the current electricity subsidy is like pouring water in a basket and praising the government for buying more water The subsidy mechanism is the very headache; it removes the need for DisCos to become efficient. Why should a private DisCo invest its own capital into fixing and distributing meters, stopping energy theft, when they know the federal government will always write a trillion naira check? Subsidy protects corporate incompetence at the expense of the citizens. You dey argue to keep the very disease wey dey kill the patient. Doctor: That limb is cancerous, and it is getting rotten; we need to cut it off so it doesn't spread more. Patient: No, keep the rotten limb and give me subsidised painkillers. This will only lead to a catastrophic end. Your entire defence of the subsidy has now degenerated into: "Since the government will steal the savings anyway, let them just keep the subsidy" What kind of backward slave mentality is that? You dey use the corruption of PBAT and state governors as an excuse to support a broken economic policy, ogbeni you well so? Instead of holding those governors accountable, your brilliant solution is "Oya let's go back to the old scam, because we are too cowardly to fight the new one" Ogbeni, use that thing wey dey stay for head na!! You are complaining that they don't listen to our concerns, even if we shout from now till tomorrow. Bro, if you want to lay down and surrender to bad governance, do it quietly. Don't come online trying to wrap ur defeatism in a pseudo economic argument. The #1.2T subsidy projection is a monument to institutional failure. It keeps Nigeria trapped at a pathetic 4-5k megawatts, while South Africa, with a smaller population, generates over 50K megawatts. Let me know if you want me to ELI5 how subsidy should work in Nigeria, instead of the current open blanket Father Christmas approach our government is using |
Na wa die news don dey almost wan sound like normal everyday news for this country. |
reddingtonblack:Ogbeni na wa for you oh!!. Your teacher for school try oh!! even though he/she teach brick wall. So according to you, the usefulness of a government is by paying subsidies that will end up impoverishing her citizens even more, U don pass 14 so? There is no free food even in freetown, this shouldn't be too hard for you to understand. Yes corruption exists no doubt about that, but subsidies will only give more room to this same corruption. DisCos are already using it as a yardstick , if you no be small pikin this thing nor suppose too hard for you to understand. Should I be paying for the things you listed above and the government is still paying subsidies for these same thing, of what benefits is the so called subsidy to me then? Subsidy payment is not an investment in new infrastructure or maintenance, rather it is a bailout mechanism to cover massive commercial financial shortfalls within a broken, debt ridden supply chain. Despite the huge subsidy projection about #1.2T for 2026, the funds merely patch up systemic leaks instead of expanding the power grid. I would prefer the government investing such amount in same sector, instead of using it to pay debts that her citizens stand to gain very little or nothing from. The government still owes GenCos over ₦6.2T, gas suppliers over $1.3B. GenCos are complaining that they are paid as little as 10% of their actual invoices, as such they lack the money to maintain turbines or buy gas, forcing Nigeria’s available electricity to hover at a low 4,000 - 5,000 megawatts. Can't you see the subsidy is causing us more harm than good? These things no suppose too hard for person wey don pass 14 to understand na, ebabo. We should be more concerned about how the government intends to utilise the funds saved from non subsidy payments. The questions we should be asking are; how will these funds be utilised, how do we hold DisCos, GenCos, and the government accountable, what cautionary, and incentive measures does the government intend implementing? PBAT wan open mouth wa and say subsidy is gone again without planning for the adverse effects? These should be our source of concern not it's removal. |
reddingtonblack:Would you prefer the government paying subsidy for darkness? Do you still remember the state owned telecom company called NITEL, how far today? How would you rate the country's telecoms sector a non subsidised sector Vs the subsidised power sector? Do you remember people bought SIM cards for 50k as far back as early 2000's how much is same SIM card today? Way back then owning a cable TV was considered a luxury, the government even came up with a subsidised version called STAR TIMES, where is same star times today? If you check carefully our most successful sectors are those sectors with very little or no involvement of the government. Anything wey our government involve for this country dey always get comma. As for our current low power generation, it will only get worst with time as far as subsidy is involved. Investors don't want to invest in our power sector because the government still controls it, nobody wan throway money inside pit. The government should focus more on incentives and regulatory roles instead of the current father christmas roles that favours only a selected few this is what developed nations do. |
Josywhyte:Of what benefits is the subsidy to us then? Only a few are making a killing from it at the detriment of the majority. |
Josywhyte:Subsidy is not being paid for Band A users, they are already paying cost reflective tariffs. Even at #140 per litre for fuel without subsidy, we protested and rejected it, how far so far? |
Eriokanmi:How much is tariff for Bands B, C, D and E and how much is true cost reflective tariffs, If I'm on Band E why should I be calling for subsidy removal? Ogbeni say I dey lie, and you no fit dispute my statements of government paying subsidy for Bands B, C, D, and E, and purchasing free meters for customers. Ur free 50MB opera mini data no dey work for Google search? Na parents like you want make their kids be world class surgeons , and computer scientists, but no want pay school fees, or buy text books. Hollodo uprising senior prefect. |
frog12:It ended only for Band A, the government still paid subsidies for band B, E. Paying cost reflective tariffs gives us the power to hold GenCos, and DisCos accountable. |
Gboss247:That was how we complained in 2012 that paying ₦141 per litre for fuel without a subsidy was too expensive, how far today? I don’t consider spending ₦650 to power a 200L, 120W SkyRun refrigerator for 24 hours too expensive. What is the point of subsidising electricity if you will end up spending even more on fuel to power your home? What we should be more concerned about is the stability and reliability of electricity supply. Refusing to pay a cost reflective tariff will not make that happen. Electricity subsidies are only enriching a greedy few while ordinary consumers continue to pay heavily for fuel, generators, and alternative sources of power. |
E don become very risky to trust this government. When they say A, just know B is sure and vice versa. |
Gboss247:Go learn what cost reflective tariff is, is the government paying subsidy for Band A users? |
reddingtonblack:I'm not demonizing subsidy, but just swallowing the bitter pill, let's be honest the blind subsidy Nigeria is practicing is not sustainable, it only enriched few people at the detriment of those who this subsidies are meant for. Customers buy meters, pay for poles, fund repair of transformers, still they still don't have electricity. Of what use is the subsidy then if the distribution companies keep crying fowl of customers not paying cost reflective tariffs, hence poor electricity, and customers handling DisCos functionalities? DisCos are exploiting customers with this subsidy rubbish. Can you compare our telecoms sector with that of the power sector? Why are distribution companies scared of investing in power distribution? They sit and fold their hands hoping for free money from the government, from power they did not distribute. I am this kind of person that judge base on assessment records ... The fuel subsidy for instance what reflective changes have we seen ... The adverse effect on the economy & cost of living is it worth it. No sane Country jokes with there Energy securityMost developed nations don't practice the one cap fits all type of Nigeria subsidy. I will understand if your complains was about the timing of subsidy removal, and also the money realized for the intented subsidy payments not being judiciously utilised or accounted for. While on Band E in 2024 my electricity bill hovered around #6k per month, spent over #190k monthly fueling my generator, was part of a #9.5M contribution for transformer, cable, and electric poles installation for a so called subsidies plan. Moving to Band A, I currently average around #106k monthly for a minimum of 20 hours of electricity daily, not uninterrupted though. As band A users we bought electric poles, wires, meters, and transformer of what use is the subsidy being paid by the government then? States like Bayelsa state haven't witnessed electricity in years, electricity subsidy is only giving DisCos room to reap from where they did not sow. The government should focus more on cautioning the adverse effects of subsidy removal, and strict regulation not directly paying for it, because blindly paying for it, will only bring more harm than good to the citizens on the long run. |
OredoPikin:I'm already paying a cost reflective tariff, fear for your own self, subsidy is not sustainable. If people like Una allow GEJ then to stop petrol subsidy, we for no dey where we dey today. |
Leepeak:Na people like Una wey no dey use Una common cense make Nigeria still dey like this. I'm a band A user, and I pay a cost reflective tariffs, even at #209.50 for at least 20 hours of electricity e still cheap pass who dey use generator. Go hustle and stop looking for free things subsidy is not sustainable, stop being a class prefect in an Hollodo uprising class. |
Eriokanmi:Ogbeni please make some research and stop displaying your ignorance publicly. Are you aware that band E users are still paying #40 per unit, where do you think the balance #169.50 for cost reflective tariff is coming from? Me supporting this government ogbeni you well so? I'm a Nigerian citizen who doesn't allow sentimental emotions to becloud my sense of reasoning. Awoof go always run belle, make research please. |
youngsahito:They did, but the greedy and inefficient DisCos sold most of the meters to consumers, despite the then minister of power Mr Adebayo Adelabu asking DisCos not to charge customers for either acquisition or installation cost. An agency will only make things worse. Make government remove hand for electricity, they should only regulate. |
Long overdue, DisCos are using this subsidy rubbish as an excuse to scam customers paying cost respective tariffs. |
I started the process of obtaining my uncle's driving licence in February 2025. To date, we are yet to receive the original copy, despite several visits to the FRSC office in Bayelsa State and checking the licence status on the FRSC online portal. Let us not even talk of the huge corruption and extortion of applicants by the FRSC officials at the Bayelsa State Revenue house in Yenagoa, the state capital. Applicants are being asked to pay 7-10k just to be attended to. Those who are complaining of the extortion are being threatened that they will not be attended to. Some people started processing their applications over 3 years ago, and to date, they are yet to get the original copy. It wasn't this bad when I renewed mine in 2021. Why Nigeria dey like this, any way out for this country? |
Worthless local government chairman indeed. |
Same Iran wey dey shout say US dey use world war lll weapons? Na so Una forefathers hype Japan go enter trouble. |
If I see 20 women like my mother, I go marry dem all. Ogbeni face Ur life and leave that poor man and woman alone. Na punishment say dem get u as pikin? |
ikeno:Shey you know say house full am wey $350k no go fit build, you know whether him wan use the balance after paying 2 years rent, start something, wey go make am fit build house wey $350k no fit build? |
See pot calling kettle black, to advice no dey ever hard. |
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