₦airaland Forum

As much as it hurts, the subsidies for petrol and electricity were the highest expense for the government.....


Now that these are no longer being paid. Can we see an increase in reserves and the value of the naira and a reduction in debts ( debt servicing being too high for the government)

The only thing to be done is to get beat value for money reduce costs of getting petrol for a crude producing country.

Good job...


Would be great if LASG can fix the next bridge to this one at the toll gate ( opposite the Motorways building). That bridge is no longer in good shape at all at all....

And is very risky to pedestrians.

Previous posters have said it all.....

Southern Nigeria have been celebrated globally for their intelligence and expertise but not in their own country....


Highly qualified individuals are refused jobs and even promotion...


Many times that same government parastatal has issued several mass vacancies the outcome of which the Nigerian populace knows nothing about till today....

Even the operation of the parastatal is shrouded in confusion and murky outcomes...

Those that japa have seen the handwriting on the wall and are adjusting appropriately.

This would stifle the economy further...

The tax base has already been eroded by the exit of many businesses from Nigeria. So increasing the rate will not necessarily guarantee an increase in tax revenue...

It would however increase the cost of living, reducing spending and therefore reducing investment and it would discourage new investors....

Food for thought... When all you care about is guaranteeing your lifestyle....VAT is passed to consumers and consumers cannot afford it right now.

Interesting read from PUNCH.

The PUNCH recalls that MAN had challenged the minor review of the electricity tariff by the NERC and filed a lawsuit at the Lagos Judicial Division of the Federal High Court.

If 300% increase is a "minor" review then we know this was a sponsored piece.

It could even be the fake versions and not UK used....

There are people selling online and will tell you the specs and that it is the fake version and will also sell at a very reduced price.

That is better IMO.

Hmmmm.......


The CBN should also respond to zenith bank and the lack of access to accounts.

Because Dangote is not a monopoly in that segment and so he can reduce price to get into the market.

If he raises the price they will go back to the imported fuel.

One can only get the best prices in a competitive market.

Maybe every body should just go on national TV and say their piece. So we know the true state of things....

This one said that one said.... What are you saying??

Is it now DM for price in the oil and gas sector

Also allow local and foreign investors to build modular refineries. There has been a market for this for years....

There are so many opportunities within the sector for investments. ...

mustyNEMESIS:
Lol… Naija my country…

give us 24/7 electricity, we want 24 hours light, why can’t government provide stable and steady power supply, yen yen yen… now see the result… when people finally found out the cost of 24/7 stable power supply, they are now rejecting it… it’s not even 24 hours supply yet ooo, they are petitioning to reject it…

See people rejecting Band A like Ebola… Is band A not supposed to be 20 hours minimum?… so why are people refusing to migrate? Cost?

Everything comes with a price…. Ask people abroad how much they pay for that 24/7 stable power supply, you’ll be shocked.

Now, this is not an excuse for the government’s failure. Successive governments have failed Nigerians.

I still have hope for the country sha. Naija shall be great.

I don't like responding to people but.......


Is it the same ,$40 that is the minimum wage per month for formal labor over there


Is it the same way they arbitrarily move people to band A without informing them


Is it the same way their government keep hiding how much it costs to produce electricity nor can it justify the increase in fees


Has the Fed govt paid off it's debt on all its parastatals, ministries and institutions?

Which is one of the main issues for discos not been able to meet financial obligations.


Should Nigerians pay for all the mismanaged US ddenominated loans that have been taken and which have become costlier due to the devaluation of the currency?

I am just fed up with these kind of statements....

The person that has authority to fix a problem is telling us about the problem..

Apparently nothing has and will change.

Limit cash withdrawals across al channels and stop penalizing banking transactions. Even fish sellers now have pamlmpay or pay due to the lack of cash in 2022.


If it's to add nonsense charges o you will know how to do that one.

In a country without a good legal system or a system that checks governments' excesses.

YOU FORCEFULLY INCREASED THE ELECTRICITY TARRIFF AND PLACED PEOPLE ON BAND A....

NO NEGOTIATION, NO JUSTIFICATION , NO PRIOR NOTIFICATION , NO DIALOGUE , NOTHING.

WHAT TYPE OF GOVERNMENT IS THIS?

Nobody send una message.


Let it be a free market. Sell refineries, allow importation. Stop regulating the sector..

Let it be efficient. And stop creating confusion. Allow more investors to the industry and let NNPC face it's job of making profits.


Standardization is the only regulation required in that sector.

Serving all your interests and destroying the economy

Private citizens, state and federal governments taking loans as if it does not have to be repaid.

Some governors have so many long-term loans with no hope of paying back. Because they never use those loans to generate funds. EVER...

CNN has bailed banks due to this same loans. The individuals always walk free no accountability no remorse no paybacks...

Still living large in this same country with access to all their assets...this will still continue when people are never held accountable.

Probably unrelated.....

But Lagos roads have been quite free for the past few weeks. But immediately after the Edo elections, traffic is back.


Was there an exodus for this election??

Too easy....

Flag their BVN so they have restricted access to transact on any of their accounts until full refund.


Nice initiative....the schools benefit, the students benefit, .

Hope the schools also show upgrades to their infrastructure....


New & modern hostel & classroom facilities , more staff I beg. The money may not leave the TSA but the schools can justify this facilities from the increased intake of students.

Finally some data...

If generation cost is that low then why would do we need to pay more.

A kWh should cost the same across board - one single tariff. No more different bands. Just pay for what you use.

Most the unpaid bills are from government parastatals including the armed forces police etc.... it's in the news .

Because if everyone has received a meter then there can be no debts or unpaid electricity bills.

Really no justification for that much increase in tariff on the bands. Nigeria produces CNG and it's sale is not dolllarised . Gas is also not the only source of power generation.

Discos use the same distribution lines no upgrades, consumer pays for the meter.


There is room to reduce the cost so it benefits the customer and stops inefficiency in the industry.

Anytime you see too much English and few facts and figures . Just know that confusion and lies will be there..

How much is GENCO generating electrity
How much is it sold for. is it sold in USD in Nigeria
Show comparison with independent GENCOs why do they have cheaper electricity fees.?

All the topics on this protest on Nairaland seems about stopping or advising people to stop the PROTEST....

And mainly from people who are in power ...
.
This tells me that they are scared and worried for their safety and a protest brings power back to the people.....

Food for thought!!!!!


Too many WhatsApp messages, Nairaland land topics and other SM messages advising people to not PROTEST.

Before we look at contactless capturing...

Let us first consider all the passports that are still in production even after months of capturing. At least that one has evidence.

There has been several complaints both on nairaland and other social spaces that passports are still in production months after capturing even though the NIS claims it takes less than six weeks..

Let oga minister first print out and review past -due- for- collections passports first - and publicise per NIS center and let us judge performance

So could probably be a group of people involved in the scam.

7017894648 Ifeoma Egbochionye _ Palmpay
0026562951 Patricia Onyebuchi _Unity Bank

JasonNOTStatham:
The person is using a POS vendor, that is why they are asking for receipt. Inconsistency in names of both accounts too... Though probably you didn't think of it that way .

You could very well be right. The vendor gave two different customers those two different accounts. But knowing the area helps us know where the culprit operates.

By the way I used to be the OG that never thought she could be scammed. I use months to investigate a single transaction. Take time before paying... ....

Took care but now I know it could happen to anyone.

Shocked but will never be embarrassed to show the world the thieves out there.

I would appreciate if this gets to front page so others don't get scammed....

Scammers get away with it because the scammed feel too embarrassed to out them to the world.

2512 fashion on Instagram blocked comments and customers and is continuing to post.
These are the accounts used to collect money.

If you know the owners of these accounts, or you've been scammed by the same vendor or another vendor, Share and let them be exposed for the world to see.

Word!!!!

It's our collective fund. So manage it that it benefits all ...

All imported foods are killer foods in my opinion....


We still have not eaten or tried half of our local cuisine....



And remember the rise of acute disease also aligned with the rise of fast food and eateries.

Go natural eat local.

I'm loving these responses...

It is obvious we have allowed some overconfident, unfeeling and callous comments from the executives of this nation. They have repeatedly shown no capacity for leadership both in action and in words.


They continue to feel confident that the masses can do nothing to them and it beefs their confidence.

Let's wait and see...

Of course the net pay is more important than the gross. And the minimum taxable income would have to be increased....

Just putting that out there for consideration....



Government should show good faith by reducing it's cost of governance or else restrict maximum pay of any elected officials to a percentage of the minimum wage

I support peace wholeheartedly.....


We see how warmongers want to destroy the earth... Apart from the massive loss of lives, they still want to destroy the earth.

They are the same people building (end of the war) bunkers and looking for space on Mars because of this crazy logic that they must destroy this ONE & ONLY BEAUTIFUL EARTH WE HAVE.

Let every country cease fire and let peace reign....

We've not seen a single winner just losses left and right, lives, properties and families destroyed, enmity and rivalry and fighting just thriving.


LET PEACE REIGN.

Can his hand reach that long handle.....



And where is the blood splatter from using such a gun


Let the police be the ones reporting on this cases so we know they are on top of it....

Write up makes no sense .....

The root of the problem started from the 70s??

Who wrote this?