₦airaland Forum

Republic of Clowns

Gas increased
Flour increase
Electricity tariff increase
Rice increase


Tell me brothers,this country never tire una?

Abi oloriburuku ni NLC ni? NLC still dey nigeria? this guy is the most usless nlc president in the history of nigeria. he don see another opportunity to get ghana must go bag from Buhari again. make una park well jare.

adenigga:
Source: https://punchng.com/Business/NLC-threatens-industrial-action-over-proposed-electricity-tariff-hike

Toothless bulldogs always barking without acting...

Contracting Nigeria workforce and bad welfare on every job is a decade achievement of NLC .
NLC is a combinations of wicked people , they celebrate mediocre as an achievement , every job in Nigeria is synonymous to slavery except political appointees.

ironheart:
Story, NLC is for sale, using the poor masses for cruise

Modrov:
Then NLC wants to condemm us to perpetual darkness

Unless tarrifs are increased to market price, the power sector won't have the cash to fix things.

We enjoy GSM because we pay for their services at the price they charge.

But GSM market is not monopolistic like the Disco's. The market isn't competitive for regularisation. So they will still keep on dishing out crap services even if we buy for 100/KwH. Baba that your example no work at all

No so so mouth NLC get, b4 u know am now dem go shock small cash put for their pocket. Case close

See they should forget about this protest. ..so long as there will be constant electricity, tariff increase means nothing after all some of us spend heavily on fuel and diesel. What they should be fighting for is for the provision of prepaid meter to all household in the country. That way, there propose hike in electricity tariff will mean nothing as consumers will minimize and manage there consumption rates effectively!

Right Honourable Rotimi Amechi 's prophecy of youth coming out to chase out chalatants from Abuja is gaining momentum by the actions and inactions of the president for Fulanis.

adenigga:
Source: https://punchng.com/Business/NLC-threatens-industrial-action-over-proposed-electricity-tariff-hike

. Toothless and "Gumless" union!

almsofgold:
Pls ignore the NLC. Like Femi Fani-Kayode, throw them a bone,they will stop barking. Capital U for useless.

the vulture, dog and dead rat griller?

your arguement is leprous sir.might be the condition youre in. Read what you posted there again,then go the wall and slam your head against it ,hard

Good morning and thanks for your time.

salvo583:
But GSM market is not monopolistic like the Disco's. The market isn't competitive for regularisation. So they will still keep on dishing out crap services even if we buy for 100/KwH. Baba that your example no work at all

Monopoly or no, the fact remains that the price controls in the system prevent the making of an adequate profit

People won't like it if the government put price controls on their businesses to 'help poor people'

Modified

The way the power sector works now since privatization in 2013 is simple. Goverment allows private ownership of the distribution and generation arms of the sector in return for the governemt setting the price of the power they generate.

In practice this has meant that many power companies operate at a loss that they survivor by not paying their taxes .

For more on the issue Google for the Pwc report ' Solving the liquidity crunch in the Nigerian power sector'

The shithole is long overdue for a red revolt!

The redundant coupist is all shades disasters

Lol.... We don hear.

All this hard drugs such as cocaine, who dey smoke them?

If no be these people?

Una weldone ooooo.

Sai Baba

Weak and inefficient NLC...

NLC can't do nothing!

NLC president won cash out big.

salvo583:
But GSM market is not monopolistic like the Disco's. The market isn't competitive for regularisation. So they will still keep on dishing out crap services even if we buy for 100/KwH. Baba that your example no work at all

That guy you quoted does not think cause he lacks the basic equipment for such (brain). As a matter of fact he is paid for his inability to reason. His job is to defend this government’s actions no matter how obnoxious.

Which kain nonsense NLChit?




We've long moved on as helpless and hopeless citizens of this entity called Nigeria.



NLC is dead already!


This we know.



Dem wan catch in and cash out again o.



NIGERIA LOOTERS CONGRESS (NLC)!




We dey hail una o!

i laugh in Swahili. Boys Brigade is 100% better than NLC. Least i forget, Please what is the meaning of NLC?

adenigga:
Source: https://punchng.com/Business/NLC-threatens-industrial-action-over-proposed-electricity-tariff-hike

Cash out season. Ene of the year FG ticket
.Even bow that the expert negotiator (osinbanjo) is on silence mode

Modrov:
Monopoly or no, the fact remains that the price controls in the system prevent the making of an adequate profit

People won't like it if the government put price controls on their businesses to 'help poor people'

Oga electricity tariffs have been hiked in the past. Did you see any improvement in supply?

Tannhauser:
Oga electricity tariffs have been hiked in the past. Did you see any improvement in supply?

They have been hiked yes , but they are still kept below the production price per kWh.

Also not everyone pays the same price for power. People living in higher bands pay close to market price. People living in lower bands pay a much lesser rate.

At the end of the day it translates to losses , which in turn fuel the sharp practices and bad management in the sector.


Before you respond, consider this, would you let goverment set your prices if you were running a retail business.? To the point that you end up selling the goods you sell below the cost you bought them wholesale?

Modrov:
Monopoly or no, the fact remains that the price controls in the system prevent the making of an adequate profit

People won't like it if the government put price controls on their businesses to 'help poor people'

In a saturated market that you're providing services,prices are competitive. Discos are like any other businesses whose sole aim to make profits. Why do government/politicians still procure transformers and embark on extensive electricifation projects since discos should see to whatever happens within their franchise areas? Ever wondered why 1gb of data sold for 5k in 2010 ? Yet $1= N105 then.
With the current level of inflation and FX in 2021, 200naira can get you 1gb since you used GSM operators as a template.

Esseite:
The clueless Government has no idea of attracting FDI's and New businesses, but rather only bent on taxing the populace on alledged claim of rise in cost, despite being in charge of the economy that gives reason to rise in cost. As if the populace are insulated from rise in cost.

I guess her current debt portfolio has made it impossible for them to access foreign loans any more, hence, the urgency to tax the populace via any imaginable medium.

Modrov:
They have been hiked yes , but they are still kept below the production price per kWh.

Also not everyone pays the same price for power. People living in higher bands pay close to market price. People living in lower bands pay a much lesser rate.

At the end of the day it translates to losses , which in turn fuel the sharp practices and bad management in the sector.


Before you respond, consider this, would you let goverment set your prices if you were running a retail business.? To the point that you end up selling the goods you sell below the cost you bought them wholesale?

You are typing trash. The market price at the moment for electricity might not be that okay. But that was essence of privatization, to free up government monopoly and improve the services, you have not improved the services yet you are asking for increments in services that is poorly rendered.
These discos guys were clearly aware about the state of decay in the electricity industry before they went ahead to buy it, they were expected to pump in serious money to repair the badly damaged infrastructure but they start recouping their investments before they're just doing piecemeal repairs here and there hoping to reap bountiful, oga, it doesn't work that way.
In your previous comments, you made comparisms with the telecom markets, at least those guys in telecom market made sure they spent serious money in improving the infrastructure before charging cost reflective tariff, that's why nobody seems to complain about them because they are rendering to some extent a 'quality' services

potbelly:
Toothless bulldog

Propose strike on Tuesday and call it off at 11:59pm on monday

They are not only Toothless, but they are also corrupt cos they get bribes from the govt steadily ! All that they do is to fool people as if they are fighting for them but in reality, they are paid heavily by d govt!

winterfell007:
You are typing trash. The market price at the moment for electricity mi

Good morning and thank you for your comment

salvo583:
In a saturated market that you're providing services,prices are competitive. Discos are like any other businesses whose sole aim to make profits. Why do government/politicians still procure transformers and embark on extensive electricifation projects since discos should see to whatever happens within their franchise areas? Ever wondered why 1gb of data sold for 5k in 2010 ? Yet $1= N105 then.
With the current level of inflation and FX in 2021, 200naira can get you 1gb since you used GSM operators as a template.

1. Discos are not allowed to make profits which in turn hampers their ability to pay GENCOS, pay for improvements and so on.

The key thing is price control by the goverment. Price controls imposed by goverment are usually meant to keep people happy. They aren't meant to make companies happy.

2..politicians buy transofomers because they want to get voted back into office, and a transformer provides visible proof that they are doing something

Plus because discos cannot make profits, they can't easily buy such things


3. Data cost is high because GSM companies have to make enough of a profit to expand their services and pay for improvements. Since goverment does not give then any money( and even wants to collect more tax from them)

Let NLC go on indefinite strike over hike on almost everything in Nigeria, including ordinary VAT

Toothless Nlc that will soon collect bribe and shut..

Well ...if them like make tariff reach sky I have no need for national grid

To survive in this country it means you should generate everything yourself ..


We have lifepo4 prismatic in stock and build litthium battery banks of any sizes
Check my signature...