dsocioemmy:
Always signing

omohayek:

Nothing is going to happen. The fundamental problem with Nigeria's power sector isn't equipment, which is easy enough to buy abroad, but the structure of the market itself. Power distributors (DISCOs) aren't allowed to charge enough to recover their costs, which means they can't afford to pay the generators (GENCOs) for the power they are given to distribute. The end result is that neither the GENCOs nor the DISCOs have the money to do even minimal levels of maintenance.

As much as it may pain certain tribal warriors to hear, Fashola was right that the solution isn't rocket science. The problem is that the solution isn't what the masses want to hear - they need to pay what it costs to generate and distribute power, not what feels "fair" to them thanks to an inflated sense of entitlement stemming from the "oil boom" years of the 1970s when Gowon, Murtala and Obasanjo were dishing out "awuff" in the forms of subsidies of all kinds.

Sadly, Tinubu has been so spooked by the backlash from his attempt to cancel the oil subsidy that he clearly lacks the guts to take any major steps in this direction (how could he, when he doesn't even have the courage to let the CBN fight inflation with higher interest rates). All we can expect for the next 4 years is lots more meaningless agreements like this one, while the fundamental issues are left unaddressed.

soccerlite:



So how much should disco charge?

You talk as if you are both an apc govt member and disco owner

Discos a private firm want to charge for poor service, when they are not making gain why are they reluctant to drop the service



Stop giving useless govt alibi

Govt that can't tackle security, free concurrent list manage simple infrastructure

Bluntemperor:


Are you for real or you are one of their beneficiaries or Workers or what are you postulating by saying ' allowing the organisation to charge what they deemed' - so even to supply Pre- paid Metres,na problems?
- to get New Transformers,na problem! For over 15- yrs,Discos should show Nigerians - purchase of Equipments into Nigeria,for these are what they should have envisaged when they claimed to buy NEPA then!
- the present DISCOS in Nigeria are Fraudulent Entities- forcing and Collecting ,Nigerians Money on , Monthly basis- without Providing Services! They do this through Estimated Billings - and accumulated bills for Nigerians,which they eventually load- into the Prepaid Meters whenever Nigerians gets one.
• This is Stealing By Force( SBF).
So, what you are advocating is that Nigerians should be paying for Services not rendered!
Why did General Electric sidelines- when GEJ was creating the Establishment of DISCOS in Nigeria- so,where are the Experts Now in these DISCOS?
Corruption has finished these DISCOS!

COMPAQ:


I tire o!! Always planned, to do, to, to, to..... Never done!!

sirray001:
every time signing still no stable light, no water, no good roads, no good health care, education nonsense.

COMPAQ:


I tire o!! Always planned, to do, to, to, to..... Never done!!

dsocioemmy:



All the signings are going into their pockets

nairalanda1:


True,I no trust APC government, but as the article said, in 2019 they signed, then along came COVID and lockdowns and the whole agreement was put on hold

FOOTSOLDIER2:
The fattest lie ever told is that Nigeria supplies Ghana and Benin Rebuplic light. When in itself it doesn't even enough capacity to serve itself

Afobaba33:




[/color]you are so ignorant of the truth.[color=#990000]

nairalanda1:


So how did the PDP government give us the GSM services you are using to type this?

They allowed the GSM service providers to set their prices which in turn enabled them to give us better services thanks to the high profits they made.

By the way,most Nigerians back then did not like the way MTN and co were charging high prices.

The power sector has been hobbled with price setting by government. From 2017-19, Buhari even prevented them from raising prices

Meanwhile from 2017 to 19 cost of gas was rising. Cost of maintenance was rising. Yet power companies could not raise prices.

Even now they are not allowed to run at a profit.

Result, three of the discos are now run by the banks who loaned them money and one of them is run by government

Oga, if you are running a business and you are not allowed to set your prices, your business will fail. There would be massive corruption and looting. That is why we don't have light, because the government thinks that by setting prices for power, the sector would prosper. That's an oxymoron if there ever was one

soccerlite:


When mtn was charging high as a business who want to make excess gain, competitor reduced it

If they increase price people go else where

That's good for consumers

Well the disco thing is controversial

I read ago that their licence has expired, what's happening

KeenD:
Please anything that will make us have 24/7 electricity is highly welcomed.

idolda:
Lol, what about the one signed in 2019 to generate 11,000MW of electricity by 2023 with the same company?

idolda:
Lol, what about the one signed in 2019 to generate 11,000MW of electricity by 2023 with the same company?

FOOTSOLDIER2:
The fattest lie ever told is that Nigeria supplies Ghana and Benin Rebuplic light. When in itself it doesn't even enough capacity to serve itself

nairalanda1:


At the end letting the discos charge their own prices stimulates competition

Not letting them do so means massive losses

soccerlite:



Letting other parties especially foreign firms will stimulate healthy competition

nairalanda1:


Yes, but they all have to charge market price first, not 'cheap' prices.

The point of all my argument is that power and petrol are businesses. Government has not been running them as businesses.

When you do price control in the name of helping the poor, and paying subsidy to cover the resultant loss, you drive away investment and cripple the industry. At the end, you get depleted production, corruption, inept management, and so forth...and the poor still don't get helped.

(I mean , if you starve a primary five pupil that was taking first before, him go still take first next time?)


Niger Republic has no fuel subsidy, they are selling fuel at N1000 and above per liter, and they have one working refinery. Yet until this coup they had, they were exporting fuel to three African nations . Nigeria included. Because when you run your industry at a profit, you become a master of the trade. When you run let the poor breathe polices., you get shitty industries.

soccerlite:


Niger rupblic don't have enough crude oil

But why should govt not consider the poor, is that not why they are govt

Though it may not be price control and it may be

For me there's nothing wrong in subsidy

nairalanda1:


It does not matter. They are poorer than us. By rights the government should subsidise fuel for them, but they won't. Because if they do that, the refinery would lose money, break down, and they would have to import...and again they are poorer than us, and do not even have up to half our forex earnings or even one quarter.


We have tried subsidy for 40 to 50 years. In that time we went from two working refinereis to four damaged and money losing refineries.

The same thing with power supply.

The things cost money. You can call me oppressor, apc supporter, tinubu supporter, but when you do price control and subsidy, the affected industry loses momey, corruption sets in, and production falls drastically.

The only countries that can do some form of subsidy are countries like Saudi that have ten times our revenue, and a small population of less than 50 million people....or countries like Russia that have a diversifed and industrial economy that can charge enough to pay for the subsidy.

Not Nigeria where the federal budget was 22 trillion. Meanwhile if we kept the subsidy as it was at the begining of the year, it would have eaten more than half of our budget. Last year we spent 10 trillion on subsidy. This year it was already 6 trillion by May, and NNPC was still owed 2 trillion naira.

At the end, we would have worsened our already bad deficit.


See the problem.

At the end, the poor suffer more. If subsidy worked...we would have been a rich nation. It has not obvuously. And it is sad the government still keeps it.

Lord knows, I wish we would have kept subsidy. But if we kept fuel at N65 per liter today, subsidy costs would be over N800 per liter up from N35 in 2011 December. The money would come from loans and other parts of the budget.


Amyway, in most people's mind, I am a tinubu supporter for seeing this. When I opposed Tinubu and Buhari in 2012 when they were doing that occupy Nigeria nonsense...because i woke up.

soccerlite:


You believe all those figures they quote as subsidy expenses

Lolzzzzz

Ire o

Bluntemperor:
To Power Minister: Let There Be Lights:

From our observations,you seems to be a Silent achiever,at least from the pictures of the Agreement with the Siemens!
But importantly,you need to move Faster,as Nigeria is behind Power/ Energy baseline- set by the World.
In particular,the DISCOS,the Gemco are not doing enough but has brought Frustrations to Nigerians because they are the real problems in Improving Lights! This has led many Nigerian Youths- to Japa to other Countries- where the Lights are Constant,Infrastructures are available and Jobs are Stable!

•Sir,the National Grid is a Fraudulent Entity- as some of us have been hearing this ' Nations Grid' since the Secondary School Days, and has not improved beyond 3-4000 mega, unless we are deceiving ourselves!

•As a Minister,can you guarantee Nigerians- when we would have 24/7 Lights?

2• Are you aware that Fixing Power in Nigeria required you to be Mad - with this Imposedy- System ( from ECN- to NEPA- to Power Holding Company( PHCN) -DISCOS)-beyond what we are currently experiencing- lights Off and On,on daily and weekly basis?
At least,there is no single- day - for over 15- yrs, that lights is not Off and On -on -daily basis and I challenged these DISCOS to tell Nigerians, otherwise- except,the diversion to their boss houses or Areas to themselves! That is wicked and evil!

3.Are you aware that - If this Power Issues is resolved ,then 50% of Nigeria Problems is done?.e g
•we don't need Generators- Importations to Nigeria to Power Nigeria- Ghana and Benin-Republic have done away with that since!
•Some Countries are staying permanently in the Space e g Americans, Chinese,now India have just gone to outer Space! - they can't do that without 24/7 Lights and 365- Days Constant Lights!
So,when do you think Nigeria will achieve this feat?

4. Are you aware that Power-is the SOUL of a Nation's Industrialization,so when do you think- our Nigeria-Industrialization will come?

5.Have you solved the Homongous Corruption in these DISCOS,as they inherited the NEPA- and no improvement since,but knows how to Collect Money- without providing equivalent Services?
What the present DISCOS are doing is - eyi je,eyi o je- like playing a loitery- with their Tramsfomers- as they refused to give New Transforers,No of Pre-paid Meters is limited to those that can pay extra- Money,Nigerians are still forced to pay Estimated Billings - despite the House Rules against this during Gbajabiamila House Speakership!

6.Can you as a Minister tell Nigerians - how many Average hours do these DISCOS give lights- both day and lights

7- Do you have the Numerical analysis of how many Transformers, including Dilapidated Assets Discos are having and how many Areas do their each Transformers covered- per the Population?

8 How many Foreign Experts- like this-Siemens,etc have you tried to bring- that can add large Numbers of Kw- grade to the Grid,to boost the lights?
e.g General Electric of USA and why are these Organisations not being involved ?

9. Why can't States also generate their Lights- with Water Dams, Solar Energy Generation,etc?

10.How do you rate your performance at the end of your terms?

NB- as we informed you No light in Ikorodu- most of our Fridges and Freezers are normal and yet to freeze because no adequate lights to power them, even street lights have no lights.
•We hope to hear from you sir.
•Seun Osewa-over to you to deliver to the Minister of Power- is our Nairaland Forum Contribution by a Concerned Member.

Addme:

https://www.thecable.ng/just-in-nigeria-signs-agreement-with-germany-to-improve-power-supply/amp