Power supply is not important to the Nigerian government. If you never get sense to japa, na you do yourself.

erico2k2:

The pricing is right at the moment, their problem is not enough customers. This was what the telcoms did, they invested heavily and the result me n you know,Coys need to have a focast for up to 5 to 7 years of still profits b4 they break even.The electrical mkt is consumer based and we have more than 200 million homes that need electricity so its a big mkt.

NB
I found out the DISCOS are parading a scam as well where they return power generated by the GENCos and still charge its customers the said power but no return to GEncos.The FG should formulate a plan to force the DISCOs to invest in power generation or own part or % of GenCos.FG should iether get a stake in Distribution or leave it i n total to a new interest party ie the DISCos, cos at the moment all the DISCos do is Buy power and sell it to us and make profit.

Forcing Discos is invest is a sign of cluelessness because you don't force businessmen to invest in their businesses for grow. The federal government is the one that needs to forced itself and invest in TCN grid capacity and FG owning stakes in Gencos is another irrelevant move. The Gencos generates 13,000MW while TCN transmits 7,000MW to Discos for distribution. GEJ privatized generation and distribution for profits making and left transmission for loss making serving as a bottleneck in the power sector.

nairalanda1:


We actually have been paying subsidised prices for power for decades. That means cheap prices, which means no profit for the sector...which is why they cannot afford to replace ailing transformers (although transformers break down easily because poor planning of cities means a transformer that is supposed to serve 1000 houses is serving 3000 or more ),,,and why they cannot pay for meters for free.


It's like the school I went to for primary and secondary school. For primary school, I went to a school that was private meaning we paid fees that were King's ransom at the time. In return we got desks, books, pencils, biros, etc, from the school. We did not need to buy (I can only recall buying once, but that was because the school's usual supplier had been delayed)

Then I went to a government secondary school. Cheap, eh? Very cheap. And I also had to by exercise books, a desk, a chair, and pay for my uniforms.....

See my last two paragraphs, and then see the comment you made about transformers and meters.

There is nothing like cheap electricity. Somehow, money must be made to pay for power.

Didn't they do business survey of what they are about to buy to know and profer solutions to all the realities coming up now?

Was giving prepaid meter to consumers not part of what they envisaged compulsory before sealing the deal to purchase from federal government?

They don't have money to give compulsory prepaid meters to consumers but they are comfortable giving estimated crazy billings to consumers for the electricity they did not use...right?

All these excuses do not hold water!!

This is fraud, Nigerians are being scammed by d owners of these companies. In a sane society they should be in prison by now.

In 2023, Nigeria marked the 10th year of partial power sector privatization, but challenges persisted. The government spent over N7 trillion to bolster the sector, yet electricity supply remained erratic. The Electoral Act reshaped the landscape, allowing states to control electricity. Power generation was hindered by poor utilization and mechanical outages. The national grid collapsed thrice, revealing vulnerabilities in the transmission sector. Distribution companies underperformed, and metering rates were low. Despite efforts to bridge the metering gap, financial struggles and a frozen tariff regime persisted. In 2024, the focus shifts to distribution network expansion, metering improvement, and tariff adjustments. The Zungeru Hydro is set to https://www.gamecentar.rs/super-mario grid supply. The government must lead efforts to close the metering gap and ensure sustainable electricity access for all.

erico2k2:

you failed to answer the question or rightly you do not k now.There is no shame in admiting you dont know.I have worked in major i nfrastructure round the world in stuff like this and I sort of have an insider hence Im saying what I am saying my question are to geer you into same atmosphere so we can have a convo.The answer to my question is almost ZERO, the inherited old nepa pay offices and thier staf which by the way ir reducing by the day.Prepaid has cut the numbers of workers down to the bare minimum as they now have no wire to cut but patrol.

Thank you o.

Wait sef, Is not investing in power infrastructure a part of their contract when they signed the yeye contract they signed under GEJ? Or that should be the perogative of TCN or who? Cos I can't see any new infrastructure they invested in.

Na customers dey buy transformers, etc. For a property that isn't their own technically..

They took over old Nepa offices and it became theirs. Did MTN take over Nitel offices?

As in,the other day when I was talking about government unbundling the sector completely and not the yeye they did 10years ago,some people came for me.

Electricity that is already a basic human right I Europe America and most parts of Africa. Countries that are not as rich as Nigeria,he reach our turn we turn it into rocket science

When they are ready to do the very right thing,they should let us know. Until then,they can keep on playing

seguno2:


PDP is doing a terrible job of getting people to thoroughly understand the difference between them and APC.

Those of us who also know the difference have a duty to educate others for the sake of a better society that serves us all, and makes individual success much easier.

Ebi oti payin.

Gboss247:
[/b] Forcing Discos is invest is a sign of cluelessness because you don't force businessmen to invest in their businesses for grow. The federal government is the one that needs to forced itself and invest in TCN grid capacity and FG owning stakes in Gencos is another irrelevant move. The Gencos generates 13,000MW while TCN transmits 7,000MW to Discos for distribution. GEJ privatized generation and distribution for profits making and left transmission for loss making serving as a bottleneck in the power sector.

You say the TCM are running at a loss, please who owns the TCN?

nairalanda1:


There is no generator cabal. It is a myth we tell ourselves to avoid hearing the trutn. .

Nigeria, quite simply, is not paying enough for the power we consume. This in turn cripples the ability of the power sector to supply power.

In 2001, the Obasanjo admin allowed GSM companies set their prices, without government interference. This enabled the sector to grow immeasurably.

The same thing was not done with the power sector, and the result is what we have.

Add the fact that a large percentage of us do not even pay for power at all. Imagine that you ran a business and most of your paying customers pay below the price you bought your goods, and half of them do not pay at all. Would you do business. ? That's our power sector in a nutshell. That the power sector manages to exist is due to a subsidy from government.

Generator cabals have nothing to do with it.

nah lie , big one. Go to ibeju lekki they do not have light at all like months will go without light meanwhile the few estates inside that can pay extra for electricity do have light how do you explain that. Fueling stations are the most booming business around there and engine oil sellers are all smiling to the bank. You think all that happened by coincidence?

happney65:


Thank you o.

Wait sef, Is not investing in power infrastructure a part of their contract when they signed the yeye contract they signed under GEJ? Or that should be the perogative of TCN or who? Cos I can't see any new infrastructure they invested in.

Na customers dey buy transformers, etc. For a property that isn't their own technically..

They took over old Nepa offices and it became theirs. Did MTN take over Nitel offices?

As in,the other day when I was talking about government unbundling the sector completely and not the yeye they did 10years ago,some people came for me.

Electricity that is already a basic human right I Europe America and most parts of Africa. Countries that are not as rich as Nigeria,he reach our turn we turn it into rocket science

When they are ready to do the very right thing,they should let us know. Until then,they can keep on playing

Brother I have said it B4, the only way to force the hands of these blood suckers is to formulate a policy that ties them to invest, for example if I was in charge I would pass it into last that I give all Discos one year to i stall Pre paid Meters, after then it would be illegal to collect estimated bills, see if they all do not start thinking out of the box. @ Gboss247. that is the kind of force I meant

visaclick:
nah lie , big one. Go to ibeju lekki they do not have light at all like months will go without light meanwhile the few estates inside that can pay extra for electricity do have light how do you explain that. Fueling stations are the most booming business around there and engine oil sellers are all smiling to the bank. You think all that happened by coincidence?

Also ask him if ibeju lekki resident are not hit with bills at lease 25k for those on no prepaid metres

Toosure70:
Commercialisation not privatisation

What’s the difference

Benzemma:



18 to 20hrs and you are proud about it?


When small countries like Ghana and Ivory coast, are having 24hrs Monday to Sunday, January to December, year to year.

We too dey settle for less in this country, and is one of the problem affecting the development of this country.

When our leaders do 5% of there responsibility, we start to praise them, as if they are not supposed to do it or they are using their own money to do it!

Yes am proud
At least not ur proud if you are tired of nigeria
Relocate to ghana nobody hold you back now

erico2k2:

You say the TCM are running at a loss, please who owns the TCN?

TCN is owned by the federal government as a nationalized (subsidized, loss-making) organization to make electricity cheaper for Nigerians.

Ask obj,atikuu,Jo na, to explain this

chinwezdasilva:

What’s the difference

There is huge difference. There are two types of government corporation: nationalized corporation and commerical corporation.
Nationalized or public corporation is an organization setup by the government to provide essential utilities to citizens at a subsidized rate. These kind of organization is built, operated and maintained by taxation from it's citizens e.g Nigerian Railway Corporation, former NNPC, default Nitel, NAFCON, Ajoakuta Steel Complex etc.
Commerical corporation is an organization owned by the government but for profit making which also generate revenue for the government. e.g NNPCL.
Private Corporation is an organization owned by private entrepreneurs for profit making e.g Dangote Refinery and Petrochemical Ltd

Gboss247:
TCN is owned by the federal government as a nationalized (subsidized, loss-making) organization to make electricity cheaper for Nigerians.

How does the TCN subsidise electricity?cos from waht I know, they have no monitory function, they are the vehicle to carry power to the DIscos who buy and selll power to end user

I'm just afraid of the amount this useless discos will bill my apartment this January because for like 2 weeks now our electricity has been on 24hrs a day. This would have been better if my apartment has been metered which would have allowed me to control my energy consumption rather than the useless estimated billing

nairalanda1:
The answer is simple.

When privatization happened, government , to cut a long tale short, kept control of prices through NERC. To the point that the sector could not make enough profit to fix things. This is something that discos and gencos have been screaming about.

Buhari even went as far as ordering NERC to freeze prices for two years...whilst other costs increased. That was a wonderful decision.

Throw in the fact that power stealing is still a big problem....and the result is a sector running at zero profit and having to be saved by subsides on power.

This paper from 2019 gives one a good summary of the problem. And today, the subsidy continues.

But when you tell people on this site, they scream, cry and lose their mojo over the simple fact that capitalism means working systems, while socialisim means destruction.

Things, as has been said in many ways, cost money. Kudi. Gold. Calling me a government supporter does not change that fact. Nor does it change the fact that free electricity does not exist (unless someone at CERN invents nuclear fusion at a grand scale).

Thanks for the enlightenment.

What is the meaning of freeze prices?

Burob:
NLC will never agree, mother of all strikes will occur in Nigeria, lack of societal discipline.

The Federal Republic of Nigeria was created to be a dysfunctional society.

Why would nlc not agree. Shed light please

They should have shared the 7 trillions to Nigerians to buy solar. We would have powered all homes by now.

Nigeria needs more of solar system power generation in this present age. Not only is it cheaper, owners are solely responsible for their infrastructure.

nairalanda1:


There is no generator cabal. It is a myth we tell ourselves to avoid hearing the trutn. .

Nigeria, quite simply, is not paying enough for the power we consume. This in turn cripples the ability of the power sector to supply power.

In 2001, the Obasanjo admin allowed GSM companies set their prices, without government interference. This enabled the sector to grow immeasurably.

The same thing was not done with the power sector, and the result is what we have.

Add the fact that a large percentage of us do not even pay for power at all. Imagine that you ran a business and most of your paying customers pay below the price you bought your goods, and half of them do not pay at all. Would you do business. ? That's our power sector in a nutshell. That the power sector manages to exist is due to a subsidy from government.

Generator cabals have nothing to do with it.

Good points, interesting!
To tell you send aza dey hungry me

tsdarkside:


if na you would you not only sell to people that would pay....??

and dont forget power tappin is still going on till today....

How do they tap or steal power?

[quote author=Burob post=127740167] Lazy minded race of people, the day I landed in Abu Dhabi for the first time, was the day I confirmed that the black man is cursed.

With all their resources & man power, nothing to show for it, even the great Fela Kuri complained about ordinary electricity, where Kanji Dam?[/qu

UAE has oil, but caters for a population that is less than a single state like kano in Nigeria. So you comparison is not fair

It's not fair

The electriciy privatisation is not working idea at all it is all a scam.

Power supply should be retun to NEPA if possible.

Thanks to GEJ who did a very bad job by given the licenses to friends and political godfathers just to win their support for second term.

GEJ was as dumb as PMB.

GEJ privatisation of PHCN to discos is faulty.

Burob:
NLC will never agree, mother of all strikes will occur in Nigeria, lack of societal discipline.

The Federal Republic of Nigeria was created to be a dysfunctional society.

the fuel subsidy that was removed did labour ground the country? Have we not moved on? Nerc should stop regulating electricity tarrif so more investors can come in and give us 24/7 light. We will move on with the regulation removal same way Nigerians moved on from subsidy.

Are you for real? Do you honestly expect anything to work in Nigeria? If you do, then you must be gullible, naive, and delusional. Nigeria was NEVER designed to work.

visaclick:
nah lie , big one. Go to ibeju lekki they do not have light at all like months will go without light meanwhile the few estates inside that can pay extra for electricity do have light how do you explain that. Fueling stations are the most booming business around there and engine oil sellers are all smiling to the bank. You think all that happened by coincidence?

Good morning.

The DISCOS have divided us into bands. The big estates are band A , then there is band B, C and D. You are probably living in a band D area.

The Band A areas, as you said, pay extra for power. It is not like the DISCOS are dashing them free 24 hour power.

Why do they do this? Because na business e be.

Below is a table showing the various bands.

nairalanda1:


Good morning.

The DISCOS have divided us into bands. The big estates are band A , then there is band B, C and D. You are probably living in a band D area.

The Band A areas, as you said, pay extra for power. It is not like the DISCOS are dashing them free 24 hour power.

Why do they do this? Because na business e be.

Below is a table showing the various bands.

band D keh, you will explain tire. Band D that hasn’t had light for 13years now look it up on nairaland and see a thread back 2012 where residents have been crying online. Island is one of the most useless place lol my house i rented there because of a contract i had there am just leaving it to expire. I live on the mainland and i will never trade mainland for anywhere else in Nigeria. Little things that are nothing on the mainland they make it a thing on the island. You phcn have failed that’s what it is forget statistics 😂😂 even your president has said it no be statistics we go chop.

visaclick:
band D keh, you will explain tire. Band D that hasn’t had light for 13years now look it up on nairaland and see a thread back 2012 where residents have been crying online. Island is one of the most useless place lol my house i rented there because of a contract i had there am just leaving it to expire. I live on the mainland and i will never trade mainland for anywhere else in Nigeria. Little things that are nothing on the mainland they make it a thing on the island. You phcn have failed that’s what it is forget statistics 😂😂 even your president has said it no be statistics we go chop.

Yeah, because at the end, when you don't let a company set its price, and you instead allow government set its price, there will be no profit, and therefore no money to pay for improvements.