aieromon:


Let's look at the facts on ground.

House 1
Power load = 2000W
Average of 20hrs/day gives 600 hours in a 30 day calendar month.
Power consumption = 2kW * 600h = 1200kWh
Cost of power consumed = ₦225 * 1200 = ₦270,000

House 2
Power load = 2000W
Power is generated using a 2.5 kVA petrol generator. Running wattage is 2000W.
Fuel efficiency = 1.1litres/hour (15 litres in 14 hours at 50% load - generator will consume more if we increase the load but let us stick with this for the purpose of this comparison)
For House 2 to generate 600hrs in a month requires 660L of PMS.
At ₦560/litre, House 2 will spend a sum of ₦369,600 in an attempt to replicate power supply from DISCOs. Maintenance cost has not been factored in these calculations.



A lot of small scale businesses spend up to ₦178,000 monthly running petrol generators.

Power is not cheap!

Power is not cheap.

Na my wage suppose cheap.

You are an idiot

All this useless talks. 200k for power I rather spend millions on solar than that.

SmartPolician:


This is how people fail exams, turn around and blame their lecturers. Answer a simple question and you are here telling a needless story.

You are the failure

To answer the question, I don't think the United States should be used as a benchmark because that country is very rich and we don't operate a dollar economy here. People can afford to pay that in the US, but we cannot.

You want to consume like USA but don't want to pay like them
Which magic are you expecting

Come to think of it, we don't import the raw materials we use to generate power. We have gas reserves in Nigeria and hydrothermal energy comes from dams.

The generators nko
Do the power workers pay rent or school fees or not?

How do Ivory Coast and Ghana enjoy steady power?

They don't consume like you
They pay for it

Do they pay up to that?

Yes they do
Do the conversion to naira its about the same
It's the plenty zero that's triggering you

If they don't, we don't have any reason to. ECOWAS subregional countries share so much in common. What works for A should work for B. Those countries should be our yardstick, not almighty America!

you want to remain poor like them or rich like USA?
Pick a struggle

seborrhic:

Years ago when this epileptic power supply became an the norm,on the radio stations,many Nigerians were calling saying "Nigerians would pay,let them just give us constant power,nothing is moving in Nigeria because there is no regular power,Nigerians will pay".I was just laughing,in my mind these are clowns.
Just a few years or months later power improved,then tariffs went up.The same calibre of people started lamenting,"the bill is too much".
I then became angry because I knew that anyone saying Nigerians would pay any amount for regular power is either a child or mentally challenged.
Tariff should be affordable.

Define affordable

The most capitalist Nation in the world,the US,even there minimum wage earners can afford to pay tariff,even if it's 24,they just have to regulate their use when they are out.
Here even the fabled middle class would soon find it difficult to pay for power.
Imagine spending almost 200k a month just for electricity.Is that not madness!

not if you're using it to produce 400k.
Issue is you just consume wastefully above your means

BondRiv:
The demonic policy from the IMF being copied and pasted.

wrong
Only half of it is copied
Imf didn't tell you to loot the loan or use it for consumption

Yes, if the government is willing to pay me #178,000,000 as salary.

mrvitalis:

I have always said it here, Nigerians that can afford 24 hours electricity already have it

There is no one that wants electricity 24/7 that can't get them

Nigerians want the impossible which is free/cheap and steady electricity... Electricity is luxury and we are too poor for it right now

We don't need electricity for development

There is absolutely no company you can start only when you have electricity 24/7 that u can't start now

please explain these last 2 paragraphs

Manufacturing without power, odikwa hard bro

Everyday bad news.

socialmediaman:


You mean electricity should be for the rich only, like Cell Phones or even phones in general used to be in Nigeria?

are poor ppl not using the phones now after the only the rich used them first?

The most useless thing I've ever read on nairaland

socialmediaman:


hahahaha @what does the poor need electricity for

You know the poor in the US (that is, those who feed hand to mouth and can barely save) have access and pay for electricity?

They are not poor
They are the global 1%
Poor pay $100 for electricity

LordofNaija:

Are you willing to pay Nigerians average minimum wage in US. Idiot you are getting your indices from US for a country that pays 30k as minimum wage

electricity is a global commodity
Insults will not bring down the price
Like oil or wheat or iPhone

3kay945:
I see problems fast approaching.

You're correct
Storm clouds are gathering and the fools and demons in power are oblivious.
Nigerians are a patient breed of people.
We tolerate a lot of bullshit and abuse from our so called leaders
We always condone bad leadership,grumble, bitch and moan and eventually pray to God for a better day.
The pressure is building and something will have to give .
I hope it's not too late for this govt to chart a new course..else the explosion won't be contained in West Africa alone.

socialmediaman:


You mean electricity should be for the rich only, like Cell Phones or even phones in general used to be in Nigeria?

I love this your statement!

Do you know when it stopped being for the rich only? It was when the government deregulated phone call rates. The private GSM companies could charge what they wanted.

MTN and Econet (now Airtel) both charged 50/minute while MTEL chose the people friendly price of 22/minute.

MTN and Econet invested billions' of dollars and added millions of new phone lines while MTEL silently went out of business. Two other private GSM operators joined the industry, invested billions of dollars and added millions of new lines too.

Today, call rates are probably the lowest on record. There are over a 100m lines from just 400,000 phone lines in year 2000.

The same revolution is needed in the power sector. Over $100bn is needed in adding over 80,000mw to the national grid and upgrading the creaky infrastructure currently in place.

Nigerian residential users will have to be prudent with power use. They aren't Americans. Use fans rather than air conditioners. Turn your fridge on 12 hours a days rather than 24.

ravensckar:
Nigerians can never learn! We're just too short sighted to see beyond our nose.

Let's start from FUEL SUBSIDY REMOVAL. Almost a year now that subsidy was removed, has any refinery been built? All the so-called CNG plan, which one has been implemented. The government just increased fuel price with bogus promise and we fell for it.

Did anyone hold you
Go build now instead of largesting waiting for your servant to give you refinery

Now, it's ELECTRICITY TARIFF. The government is trying so hard to increase the tariff with nothing on ground. The issue of estimated billing (for unmetred households) hasn't been addressed. Power generation & transmission issue is still there. Some communities still don't have a functioning transformer, PHCN isn't doing anything about it. The govt's primary concern is to increase tariff. Tinubu just wants to sniff life out of poor Nigerians.

Also, comparing the tariff in Nigeria with that of U.S.A is a sign of brain fault. Why can't we compare the electricity tariffs of our West African neighbours like BENIN REP.,GHANA, IVORY COAST, etc. After all, they are enjoying 24/7 power supply.

Have you confirmed their power bills?
Do so with evidence

After swallowing this Electricity Tariff increment, the next thing would be increase in the cost of assessing PUBLIC HEALTH CARE. That is of course after increasing school fee for all public institutions. Let's see how long we can all adjust.

You like free things ba
Awoof de run belle

And lest I forget, this Electricity Tariff increment will favour me and my family.

Las las, we go get sense for this country.

mrvitalis:

What' does the poor need steady electricity for

Electricity is not a right

Access to electricity is and u already have that

Do other Africa countries like Togo, Benin Republic, Ivory Coast, Ghana, Kenya, Rwanda, Uganda, Libya, South Africa and others that do have stable electricity pays same amount that those in US paid for them to be having steady power supply 2hrs everyday?

phemmie06:
It is so annoying and wickedness at its peak when you compare the cost of services or items with the Western countries to prove that ours is cheaper when you don't compare the amount they earn with us.
Shame on you

do you produce like them, yet you want to consume like them

lexy2014:


you say "power is not cheap".

is the power available?

can it be available if you refuse to pay for it

Cromagnon:

You are the failure


You want to consume like USA but don't want to pay like them
Which magic are you expecting


The generators nko
Do the power workers pay rent or school fees or not?


They don't consume like you
They pay for it


Yes they do
Do the conversion to naira its about the same
It's the plenty zero that's triggering you

you want to remain poor like them or rich like USA?
Pick a struggle

Mvgu, OP asked for your thoughts.
Stop wanking over mine!

Let's see how much they will raise minimum wage to.

2aces:
Haba bros, the fact you and I can chest the increments doesn't mean it should be ok with everyone else. Just imagine several small scale businesses folding up cos they can't afford to run their business with this spike electricity tariff.
Take a small scale barber shop for example, that gets patronage from an average of 7 customers per day charging N1000 per cut
His take home before expenses [b][/b]N217,000

Subtract N178,000 from that amount and tell me if he is running a business or just wasting his time.
Same can be said about several small and medium scale manufacturing and service based businesses in Nigeria, which makes bulk of our employed population.

I HAVE NEVER SEEN A COUNTRY THAT DOES NOT SUBSIDIZE A THING OR TWO FOR HER CITIZENS, JUST TO HELP REDUCE THE GAP BETWEEN THE HAVES AND HAVE NOT.

Some barbers are not charging up to that amount and some barely have up to 7 customers a day. I wonder why we haven't gang up to throw this rotten Tinubu and Shetthiefma out of aso rock.

NaMe4:


Minimum wage should be at least 800k per month.

with this new tariff, nothing less than N1.5m minimum wage

aieromon:


Let's look at the facts on ground.

House 1
Power load = 2000W
Average of 20hrs/day gives 600 hours in a 30 day calendar month.
Power consumption = 2kW * 600h = 1200kWh
Cost of power consumed = ₦225 * 1200 = ₦270,000

House 2
Power load = 2000W
Power is generated using a 2.5 kVA petrol generator. Running wattage is 2000W.
Fuel efficiency = 1.1litres/hour (15 litres in 14 hours at 50% load - generator will consume more if we increase the load but let us stick with this for the purpose of this comparison)
For House 2 to generate 600hrs in a month requires 660L of PMS.
At ₦560/litre, House 2 will spend a sum of ₦369,600 in an attempt to replicate power supply from DISCOs. Maintenance cost has not been factored in these calculations.



A lot of small scale businesses spend up to ₦178,000 monthly running petrol generators.

Power is not cheap!

Oga stop analyzing trash.... How many areas for nigeria get 20hrs of electricity?

Cromagnon:

Did anyone hold you
Go build now instead of largesting waiting for your servant to give you refinery


Have you confirmed their power bills?
Do so with evidence


You like free things ba
Awoof de run belle

I stopped taking you seriously the very moment you said I should go and build a refinery. It's obvious you lack the intellectual capacity to understand public discourse.

Bye kid! Go look for your mate to play with!

Dialpad:
That's reasonable for 24/7 light...

Where u wan see am

Zxcvbnmghtr:
The increase in tarrif is very welcome. I was very glad when I heard the news. As for me, I am more than ready to pay. I hope is that the keep their end of the bargain, no disappointment 24/7 supply of electricity.

Dey talk trash... Whr u wan see 24/7 electricity?

motionarena:


I fall under Band E then
Our power supply is miserable.

You'll still pay the tariff of Band A.
There's nothing like Band
Everyone will pay the same.tariff irrespective of location .

socialmediaman:
The Tinubu government has just increased electricity cost for band A customers to N225 per KPH.

For context, customers in the US pay about the same cost per KPH (or cheaper) depending on the state you live in.

Energy analysts are explaining that Nigerians are willing to pay more if they have access to electricity.

Based on data from NerdWallet, the average monthly electricity cost in the US is about $137 which is about N178,000.

Are you willing to pay N178,000 monthly for electricity for a 24-hour supply?

if you vote for tinubu your papa

seborrhic:

Years ago when this epileptic power supply became an the norm,on the radio stations,many Nigerians were calling saying "Nigerians would pay,let them just give us constant power,nothing is moving in Nigeria because there is no regular power,Nigerians will pay".I was just laughing,in my mind these are clowns.
Just a few years or months later power improved,then tariffs went up.The same calibre of people started lamenting,"the bill is too much".
I then became angry because I knew that anyone saying Nigerians would pay any amount for regular power is either a child or mentally challenged.
Tariff should be affordable.
The most capitalist Nation in the world,the US,even there minimum wage earners can afford to pay tariff,even if it's 24,they just have to regulate their use when they are out.
Here even the fabled middle class would soon find it difficult to pay for power.
Imagine spending almost 200k a month just for electricity.Is that not madness!

Power improved where? Oga speak for ur area

Probably your head nor correct for comparing expenditure in Nigeria with thst of the USA without comparing income

socialmediaman:
The Tinubu government has just increased electricity cost for band A customers to N225 per KPH.

For context, customers in the US pay about the same cost per KPH (or cheaper) depending on the state you live in.

Energy analysts are explaining that Nigerians are willing to pay more if they have access to electricity.

Based on data from NerdWallet, the average monthly electricity cost in the US is about $137 which is about N178,000.

Are you willing to pay N178,000 monthly for electricity for a 24-hour supply?

Cromagnon:
do you produce like them, yet you want to consume like them

Some are blind followers and they will remain.
Our governance is one of the most expensive, your leaders keep allocating money for themselves yet you're saying this.
Maybe you have forgotten that we spend same currency

mrvitalis:

What' does the poor need steady electricity for

Electricity is not a right

Access to electricity is and u already have that

U no get sense