ZombieTAMER:


But before " The day" electricity is still rocket science to APc ..

get out.

nazicartel:
What about the new Siamens Transformer they talked about?. Maybe it hasn't been fixed yet

nazicartel:
What about the new Siamens Transformer they talked about?. Maybe it hasn't been fixed yet

RichDad1:
Saboteurs at work.

Chijeep:
make I no lie, I no understand all these grammar but to be sincere, APC and Buhari are very bad people

Troublemaker111:
I'm tired of this national grid conundrum, Apc really destroyed this country ... Oni agbara ooo

openmine:
The president should Sign into law the bill to remove electricity generation, transmission and distribution from the exclusive list and place it in the concurrent list!
In other words,authorise the STATES to generate,transmit and distribute electricity to their citizens!
There are states with financial muscles that can do it!
Or better still,electricity companies can obtain licence from the state government to generate,transmit and distribute electricity to some districts in a state!
States that are not financially bouyant for such project can remain in the national grid or tap from a neighbouring state that can generate electricity!
Enough of this national embarrassing!

nazicartel:
What about the new Siamens Transformer they talked about?. Maybe it hasn't been fixed yet

SmartPolician:
May something like APC and Buhari never happen in our lifetime again! Amen!

edoairways:

It has been signed already

Buckeyemedia1:
Sure but you will not blame Mumu Jonathan Goodluck the overseer of the electricity privatization that mortgaged your commonwealth to quacks,

You are waiting for his successors to come and perform a miracle?

condralbedez:
Amen oh,but some urchins still bent on forcing another calamity (emi loKan) to us

Kasssandra:


Jonny boy did not sell to quacks..he sold to at least reputable enough companies.

The problem was....he then hamstrung the companies by putting in place a law that essentially said that government should set their prices.

(Now, at this point, if you were a businessman, would you allow the government to set your prices? Answer now..before reading the rest of my comment).

The APC came in, kept the same system, even went on to keep a price freeze in place for 2-3 years....and raised prices when subsidy costs rose to the point that government was defacto owing at least a trillion naira to the sector....

Naturally, the companies found it difficult to operate. As did the GENCOS...and the TCN...since they rely on DISCOS for revenue. Naturally, the DISCOS ended up losing money...which is why most of them are now in the hands of the banks., and in one case back in government hands.

Note...I am not here to abuse your leader, or your party. I am here to tell you why the companies struggled....and why we did not have sensible companies coming in from abroad. Because, we want cheap power...at very cheap prices.

gaby:
Every sector of the country has been plunged into darkness, bar looting, not just the power sector.

A serious revolution is what this country needs and not just these rallies for the same circle of people every 4 years.

This won't solve it one bit.

Buckeyemedia1:
Name one of the reputable companies that Mumu sold our electricity infrastructure to, before I take my time to read the nonsense within?

TheAlchemist:


Revolution of the confused by the confused for the confused... would only lead to a civil war.

Kasssandra:




Okay, short version, or approaching it from another angle.

Reputable companies from abroad came in to the privatization process....and were chased away by the fact that government would set their prices.
The companies that did come in were willing to take the risk with the promise that prices would be raised eventually, and that government would set a subsidy
Which did not work in practice.
If you want companies like Siemens coming in , you have to accept that they would set their prices. Meaning you would have to accept high prices for power supply....in return for investment...because companies need to see return on investment

P.S Aedc for example, is run by a foreign company....not a friend of GEJ.

Buckeyemedia1:
Government wants to set the price of electricity in an open market, Useless people, no wonder they will never have electricity, they want to pay next to nothing, let them keep waiting for electricity.

Nonsense, even small Republic du Benin & Togo, ha higher electricity tariffs then big brother Nigeria?

Tareq1105:


Your Engr Obituary Bsc (Electricity) Mohammed Rafi University Egypt will fix it.

Kasssandra:
Happens when you don't pay enough into the system because
1. Large numbers are using it for free , even bypassing meters when present

2. Power prices are set by government, and even with recent increases are kept below the cost of production

Before anyone quotes me, if you were running a business where your price was set by government and where 40% of your customers don't pay, would you have enough cash to run your business?.

Run power like a business and we would have enough cash to get up to 50000MW.

Rahkman:
I wonder wetin APC wan use campaign

Massiveglory:
Apc is darkness. The ones about to go out led by Pmb are darkness. The emilokan group itching to reinforce failure are double darkness.

Light has arrived. Let the light shine. It is the turn of Nigerians.
Peter obi- Datti ahmed is a patriotic call for all sane Nigerians.

Kasssandra:
Happens when you don't pay enough into the system because
1. Large numbers are using it for free , even bypassing meters when present

2. Power prices are set by government, and even with recent increases are kept below the cost of production

Before anyone quotes me, if you were running a business where your price was set by government and where 40% of your customers don't pay, would you have enough cash to run your business?.

Run power like a business and we would have enough cash to get up to 50000MW.

Honestfrend:
....