Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,152,224 members, 7,815,281 topics. Date: Thursday, 02 May 2024 at 10:11 AM

FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga - Politics (4) - Nairaland

Nairaland Forum / Nairaland / General / Politics / FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga (15299 Views)

FG Halts N600 Billion Electricity Subsidy, Confirms Power Tariff Hike / FG Removes Electricity Subsidy Quietly, Petrol In Phases / FG To End ₦30 Billion Monthly Electricity Subsidy Next Year — Osinbajo (2) (3) (4)

(1) (2) (3) (4) (5) (Reply) (Go Down)

Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by Emman08: 10:19am On Apr 03
APC charging Nigerians more for darkness

Revenue drive. Nigerians need to make more sacrifices while thieves are feeding FAT grin grin

1 Like 1 Share

Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by Riskymarvelous(m): 10:28am On Apr 03
Where is the light self The only light I see is mohbad

1 Like

Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by Zackattack: 10:29am On Apr 03
Deluxewize:
Apc will run this country to the ground.
Will or have?

1 Like

Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by Fearyourcreator: 10:39am On Apr 03
Ofunaofu:
We are being given darkness as electricity, and they still have the effrontery to tell us that the amount we pay for the darkness is not enough, that it's not realistic paying such tariffs for electricity darkness

Honestly, these current Nigerian leaders at the helm of affairs are from the pit of hell. 
You no get prepaid?
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by blackmantis: 10:41am On Apr 03
Before talking of review of tariffs can we have constant power first?
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by BondRiv: 10:45am On Apr 03
It is time for this man to be sacked.
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by yewit37486: 10:55am On Apr 03
Fearyourcreator:

You no get prepaid?

How does having prepaid change the point he was making?

1 Like

Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by iwaeda: 11:10am On Apr 03
APC cometh to steal, destroy and make poorer. grin grin grin grin grin

1 Like

Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by Tover: 11:15am On Apr 03
Lite way no dey 😀, solar is the way.
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by prophetfire: 11:19am On Apr 03
gaby:
It is well with the poor masses.
Tinubu will finish Nigeria. He just wants enough money to loot.
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by LORDTHRESH: 11:27am On Apr 03
nedu666:
From 68 naira to 200 naira per kwh. Despite that phcn will still supply darkness at exorbitant rate









They can't even measure the electricity nor crude oil. I am disappointed at the wuruwuru govt
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by Bluntemperor: 11:27am On Apr 03
1x2x3:
The events unfolding in Abia serve as a poignant reminder that the stewardship of leadership is paramount. While the wrong incumbent may bemoan circumstances, the rightful custodian will adeptly navigate the available resources to orchestrate remarkable feats. Even if the tariff surges to 200 per kilowatt, one can confidently assert that the purported savings from subsidy removal will not yield substantive benefits. It is not a matter of financial destitution, but rather the inept handling of our invaluable resources.
Look at the other subsidies they removed, how has it benefitted the masses, what have they done with the money?

Abia People should be grateful to President Tinubu - for allowing the Prof.Nnaji Company, to use Gas Pipelines by ensuring that this Particular Project did Not Pass through the National Grid - which Buhari refused in the first place, because it seems we intentionally forget that,if Tinubu had refused like others,we wouldn't talk of any lights in Abia today!
Whichever way, Kudos to Prof Nnaji, Governor Otti and Tinubu!
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by mceze(m): 11:43am On Apr 03
We would soon start paying taxes for being alive..
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by COMPAQ(m): 11:43am On Apr 03
Bluntemperor:


Abia People should be grateful to President Tinubu - for allowing the Prof.Nnaji Company, to use Gas Pipelines by ensuring that this Particular Project did Not Pass through the National Grid - which Buhari refused in the first place, because it seems we intentionally forget that,if Tinubu had refused like others,we wouldn't talk of any lights in Abia today!
Whichever way, Kudos to Prof Nnaji, Governor Otti and Tinubu!

There is no need to thank PMB or PBAT! The concept ab initio was for geometric to run an integrated GENCO, and DISCO combined.
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by caye(m): 11:49am On Apr 03
PLS SOMEONE THAT US INTELLIGENT, HELP ME TUNMỌ̀ ( interprete) THESE 'THINGS'. Abi I don't understand basic economics again nii?:

The move would reduce its N3.3tn cost and save the government about N1.1tn annually

If the subsidy is N3.3trn, and you remove am, shebi you have saved govt N3.3trn again: d money goes back into govt pocket, or it never even leaves the pocket in the 1st place...so why saving it N1.1trn...wetin con happen to the N2.2trn balance? Abi dem won "ginta" d balance nii?!
I don't understand o.

Confirming this to our correspondent, Onanuga said the tariff hike would affect only 15 per cent of consumers, accounting for 40% of electricity consumption

If the planned tariff hike will affect 15% of customers, and the 15% if customers make up 40% of electricity consumption, ṣe I can assume dat it is (15/100 of [40/100)* Q; where Q is the total number of electricity consumption customers. If that is the case, isn't it strange mathematics? Why can't they simply say the basic percentage?
The mathematics is a bit confusing.

Then, how will they pick the 15%?

I HOPE IT IS NOT THAT SW,SE AND SS WILL CON BE THE 15% DAT WILL BEAR THE PUNISHMENT, while NW and NE will be enjoying small-small electricity billings oh?!
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by Webleonaides(m): 12:08pm On Apr 03
https://www.nairaland.com/8037069/bluetti-solar-generators-power-stations

Nigerians needs to get themselves out of the mercy of these clueless leaders.

Look for alternatives, do it yourself and be free from all these wahala. Go solar!
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by IBBG(m): 12:45pm On Apr 03
Tell me why minimum wage should be less than 150k

1 Like

Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by Bullfallo(m): 12:48pm On Apr 03
Another inflation coming.

Hotels, goods and services will spiral

No benefits from fuel subsidy removal same also with this

1 Like

Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by Franchise21(m): 1:30pm On Apr 03
helinues:
Why not remove it first. Gosh

Repeated lyrics are stale jare
From your BAT gov't
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by Ouchbabe(f): 1:40pm On Apr 03
As the price of diesel is coming down, price of electricity is on its way up.

Who did we offend?
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by KaptainAfrika: 1:41pm On Apr 03
Darkness Tariff loooool grin grin grin grin grin grin grin
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by zeyt: 1:43pm On Apr 03
The biggest mistake the FG made in the power industry is privatization of NEPA. The entire Generation plants cannot operate to the full capacity due to low remittance from DISCOS. The DISCOS incur about 60 percent loss in the course of their operations.
The problem is that the Generation can't supply enough Megawatts to the National grid even if they do the Transmission infrastructure cant bear the load. While majority of the people and businesses cant afford to pay for 24hour power supply due to high level of poverty. So stable power supply in Nigeria with current arrangement is just a pipe dream.
who is to blame ?
Now the government is planning to remove subsidy on electricity and once again running away from its responsibility even further.
With high level of poverty in the country government is everything for the populace.

1 Like 1 Share

Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by sterlingD(m): 2:25pm On Apr 03
Mrpojj:

Omo this people they use us play, subsidy wey them remove for buhari time...
Them wan remove am again
They know we Nigerians easily forget
I remember the last minister for Finance Zainab during Buhari's administration said that they had stealthy or rather quietly removed subsidy from power or were they not telling us the truth
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by maasoap(m): 2:38pm On Apr 03
nedu666:
From 68 naira to 200 naira per kwh. Despite that phcn will still supply darkness at exorbitant rate
When we are already getting 9.7units (kwh) for N1,000 in my area from IBEDC. That's like N100 per unit
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by 7arrows: 2:40pm On Apr 03
IM NOT SURPRISED. THE REASON IS BECAUSE....

Proverbs 29 : 2
When the righteous are in authority, the people rejoice: but when the wicked beareth rule, the people mourn.

WE NEVER SEE ANYTHING YET. LET HIM RULE 8 YEARS
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by Freestar: 2:43pm On Apr 03
Bluntemperor:


Abia People should be grateful to President Tinubu - for allowing the Prof.Nnaji Company, to use Gas Pipelines by ensuring that this Particular Project did Not Pass through the National Grid - which Buhari refused in the first place, because it seems we intentionally forget that,if Tinubu had refused like others,we wouldn't talk of any lights in Abia today!
Whichever way, Kudos to Prof Nnaji, Governor Otti and Tinubu!


Oya clap for yourself, Tinubu supporter. Looking at what you have said, no wonder we have problems in this country. "Abia people should be grateful to Tinubu" for allowing a licensed, private enterprise access to gas which that enterprise pays the government for. Am ashamed on behalf of whoever sent you to school.
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by okeke6969: 3:23pm On Apr 03
Most Nigerian are too docile, all what they know best is to come online on social media and throwing tantrums to one another, while the government continue to squeeze life out of them.
Can you imagine? Electricity tariff is about to be removed and all they could do is to fill the social space with endless LAMENTATIONS.
Breed of cowards everywhere.
Una no dey taya for suffering?
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by drololaaof: 3:29pm On Apr 03
iwaeda:


https://punchng.com/current-electricity-tariff-no-longer-realistic-says-presidency/?fbclid=IwAR34_72B3730syIg1Vj4lhcTBiCO6rJkZTBLeDzkVdhMbbcFX-5qXRH5F4Q
Did you know what you are saying ,after multiple YTO increases no tangible power supply. We have supply last over 2 months , what we hear is grid collapse , story story etc .
If they like raise the price to heaven
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by Exceed15: 4:09pm On Apr 03
GEJ didn't even do close to this when these werey people wanted his head. APC & Tinubu is a fraud on Nigeria.
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by geewean(m): 4:14pm On Apr 03
Do we now have an improved power distribution framework over Buhari regime? Has the national grid being delivered from the incessant operational failure?

Is this not the same route they towed in the petroleum industry that created the confusion we are experiencing?

APC only understands the art of power acquisition and not the system of governance.
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by ceejay80s(m): 4:25pm On Apr 03
Let's continue to come online and shout...
Let's no go out and fight...
TiNubu scare everyone one with toll gate shooting and since then everyone turn mumu, I am ready to lead us all to the battle of Nigerian history .
Enough is enough, if we don't teach them lesson , they will never learn
Re: FG To Remove Electricity Subsidy, Current Tariff Rates Unrealistic - Onanuga by chuksbobby12: 4:36pm On Apr 03
The smaller the circle , the greater the achievements ..
Make the country smaller and see the speed of development . It is just the oil in niger delta that glue Nigeria together , nothing else

(1) (2) (3) (4) (5) (Reply)

"National Assembly Cannot Command Buhari’s Appearance" - Prof. Ben Nwabueze / Hidden Reason Senators Back Financial Autonomy For Lgs / Buhari Confers American, Spaniard, 200 Others With Nigeria Citizenship

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 36
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.