₦airaland Forum

Hakeem12:
We cannot continue keeping the price of electricity below the cost price. This will just impede the operators from making the investments for improving power supply because the literally have no hope of a profit. The government bridging the gap is in effect a subsidy which also wastes revenue. The tariff increase is basically tgw government unable to do so anymore. When government don't even pay gencos in full, genocs would rather sell to other west African countries.

The government needs to back off of the pricing. Like obasanjo did with the telecom sector. We would be better for it in the long run. Obasanjo allowed them to set their own prices and investment flowed in. The telecom sector was developed by private investment and eventually due to investment and competition, costs came down. People wanted the govt. to set prices for the sector back then too. But we paid high prices and now we have a strong telecoms sector. Sim cards sold for as high as 15k back then go for #50 or even free these days.

agabusta:
you are right, but that may just be the hard pill to swallow for the electricity sector to break even. People are not ready to pay more. We want cheap everything.

But it is established that quality service don't come cheap, there is a cost implication to quality. People that enjoy 24hrs power pay significantly more than what we are paying in Nigeria. Since govt is no longer ready to bear the shortfall, it is better to direct the cost to those who has the capacity.

I already observed this your insinuation with the breakdown of electricity allocation by EKEDC. Highbrow areas were put on the 20hours band, while some extreme places were put on the 4 and 8 hours band.

maasoap:
Distribution was privatised alongside generation because Jonathan and his PDP believed that government didn't have business being business. My question is: why should the government still be paying generation companies apart from what it consumes?

Mayany:
You're not far from the truth Disco's prioritize areas where they generate more funds

Amitez:
Too late, we have decided!

Ddorrau:
Mmmm let's see how it turns out

tollyboy5:
What do mean by submission. So husband are not meant to submit? Let's stop all this kind of mentality submission is meant for broke women . understanding is key not submission

Timi141:
Nigerians gan sef, which one is to love and obey?

Marriage is not slavery oo. It is to love and cherish. If you are looking for unconditional love and obedience you better get a dog.

Seriously, what is the use of marrying someone that won't challenge you and make you grow into a better person. You'll just put a yes man in your house.

SuperMyke:
I have been a nairalander for years but this is my first post.
My name is Michael Ameh; a poultry farmer in Ado odo local government area of Ogun state.
Yesterday, a giant crocodile � was caught just behind the farm and I felt I should share it on the forum.
I’ll be grateful if this post makes front page

chijioke17:
How can someone who has never been president or VP have more experience to be a president than someone who has been a VP for 5 years and still counting and a former commissioner totalling over 12 years to someone who was just a governor for 8 years. Some people think they are talkng to illiterates