₦airaland Forum

eepeepook:
Is NEPA on colos? What could be the reason? It’s almost three months now we’ve done without electricity and none of their staff have cared to announce in detail what the problem is. The grid has been falling without rising for almost two decades. The price of petroleum products is too high for someone to consider primarily running on generator sets.

What is this madness?!

Who will buy Dangote's PMS and diesel if there is steady electricity?

zuchyblink:
Who will buy Dangote's PMS and diesel if there is steady electricity?

He can export to other nations...especially West and central Africa...if he needs extra money

zuchyblink:
Who will buy Dangote's PMS and diesel if there is steady electricity?

People with automobiles. Nowadays, petroleum is too expensive to power generators. Those are already a higher priority compared to vehicles.

nairalanda1:
Well, anytime I come on line to tell you guys the truth about the power sector, and all that, y'all start screaming propaganda.

But to start with the issues

1.DISCOS are struggling to make enough money, which is why many of them reject power , because they won't be able to pay for it.

2.They surivie because government pays them a subsidy, which barely keeps their head above water, but does not allow them make enough profit to make the much needed investments in repairing infrastructure.

3.At least one disco has declared force maejure...ie collapsed...because of the cash issues, and has been taken over by the government. Three others have been essentially taken over by the banks they owe money to.

4.Also discos survive by not paying tax, because they are too broke to do so

5.And then they also rip off part of their customer base via ESTIMATED BILLING because at the end of the day, that helps them make money.


I suggest you read the paper 'Solving the liquidity crunch in the power sector'. It answers a lot of questions.LInked here.

FInally, if you don't believe me, believe the experts



SAUCE


See the problem?

All the issues in the power sector...BAD management and corruption inclusinve...arise from a lack of a cost reflective tarrif.

Then address "Inflation Reflective Wage" first.

Minimum wage is 30k.

You can't leave out economic inequalities in the country and be seeking to protect the business interest of the rich few.

You so much believe in these people. You swallow whatever the say without scrutiny. That man is a stakeholder seeking to protect his interest.

Princewill1:
Then address "Inflation Reflective Wage" first.

Minimum wage is 30k.

You can't leave out economic inequalities in the country and be seeking to protect the business interest of the rich few.

You so much believe in these people. You swallow whatever the say without scrutiny. That man is a stakeholder seeking to protect his interest.

I thought I told you that I think wages must be raised. Hell, I even think minimum wage should be at least 80000 or even 120000( my wildest dream).

Looks like you didn't hear.

Plus I don't believe in any corrupt person. I just simply believe in the right of any business, including any business YOU set up to set it's prices as it sees fit.

Simple and short.

The worst part is, the hotter the day, the more sure one is that NEPA will not provide electricity. We are cursed in this country.

This was a shower thought I had a few days back.

The only way to fix our electricity situation is to sell the whole sector to private firms. Since the government never cared about power generation anyway, let businesses handle things. No company will put their hands into a hopeless situation. Profit is always the major goal. Maintenance is what our sector lacks. We already know things work at the generation end. Transmission will be tackled head on. Put PHCN in the public market. Let Nigerians invest in it. Capital will never be a challenge. Personally, I will throw four million Naira into NEPA shares. If any government tries this, improvement will be seen in under two months. After three to four years, our power sector will rival that of developed nations. Right now, the ability to serve power to the masses is rocket science because the government made it so. Remove its corrupt hands and it will take shape — no different from a lazy horse getting flogged to move.

It goes in-line with Nairalanda1’s suggestion. Why are opponents attacking his write-ups without commonsense rebuttals? All I’m seeing is “he spits truth. The truth makes me angry. I must call him wrong in return. I don’t care why.”