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Electricity: FG Targets 6000 Megawatts By End Of 2024 - Politics (3) - Nairaland

Nairaland ForumNairaland GeneralPoliticsElectricity: FG Targets 6000 Megawatts By End Of 2024 (7674 Views)

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Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by nairalanda1(m): 3:14pm On Apr 23, 2024
Tianamen1:
Story time.
Imagine Germany was a gas giant but the German government failed to manage its currency leading to Germans not being able to afford to pay for gas at the international price. Do you think Germany would export its gas to neighboring countries while leaving its masses in darkness?
Germany is an industrial nation, that is why they have a working currency, and a strong currency. They have a diversifed economy and a tax to gdp ratio that is higher than NIgeria.

NIgeria has 80% of our economy based on oil. SO, if oil prices fluctuate, we are in deep trobule. (And no, I am not defending the government. This is the story of our life since independence).

We can't manage our currency because we are a dutch diseased economy. We too rely on one surce of income. That's why I don't rate any of your leaders highly at all, including this current one . Every year, we don't do anything to remove ourselves from oil.

If we became an exporter of manufactuered goods and services, had a tax to gdp of over 40% and did not just do oil, by now we would be a strong nation, naira would be strong, and mayhaps, we would have a domestic industry that can fix our power sector, instead of us calling siemens.

The problem with you guys is that you people think I am making excuses for government and for the power sector. I ain't. Just pay the money that is needed, and we would get power. Power is expensive. Nothing to do with corrency (which government manages badly anyway, by being reliant on oyel).
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Orch1981: 3:19pm On Apr 23, 2024
Some of this APC supporters are very useless imagine me and one APC guy inside bus the guy say na population of Nigeria make light no dey enough say Ghana Ivory coast Senegal and order African countries are too small that's why they have light I just look the guy then stop arguing with him immediately
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Orch1981: 3:24pm On Apr 23, 2024
onuman:
They don't want to tell themselves the truth that Nigeria had since before now failed as a country. The huge size, geographical locations and diverse religions, of the three largest groups in Nigeria made the country fail.
Except Igbos and Hausa
Yorubas and fulanis destroy Nigeria
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Stewart883(m): 3:28pm On Apr 23, 2024
Ebinpawo1:
Which kind of country is this!!!
Are really moving forward or backward?

After how many years of the privatisations, we are still targeting 6000 megawatts by December.

It's really a. Shame and a curse.

Something is absolutely wrong with this geographical space.
But na una go church pass for the whole world
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Orch1981: 3:29pm On Apr 23, 2024
nairalanda1:
Germany is an industrial nation, that is why they have a working currency, and a strong currency. They have a diversifed economy and a tax to gdp ratio that is higher than NIgeria.

NIgeria has 80% of our economy based on oil. SO, if oil prices fluctuate, we are in deep trobule. (And no, I am not defending the government. This is the story of our life since independence).

We can't manage our currency because we are a dutch diseased economy. We too rely on one surce of income. That's why I don't rate any of your leaders highly at all, including this current one . Every year, we don't do anything to remove ourselves from oil.

If we became an exporter of manufactuered goods and services, had a tax to gdp of over 40% and did not just do oil, by now we would be a strong nation, naira would be strong, and mayhaps, we would have a domestic industry that can fix our power sector, instead of us calling siemens.

The problem with you guys is that you people think I am making excuses for government and for the power sector. I ain't. Just pay the money that is needed, and we would get power. Power is expensive. Nothing to do with corrency (which government manages badly anyway, by being reliant on oyel).
Lies power is never expensive if am lying go to Ivory coast orghana and see how cheap power is with 1000 cfa you have light for more than a month depending on your appliances but steady power supply come rain sunshine there is power
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by nairalanda1(m): 3:29pm On Apr 23, 2024
Splashme:
A country of of over 350m people is only targeting 6,000 MW

These people are confused
.
Because that is what we can afford...because most of us do not want the power sector setting its price.

Nothing like cheap power.

Ivory coast has light. Because at the end the government privatised the sector, and let them set their prices. Result...light cometh on.
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by slowice(m): 3:35pm On Apr 23, 2024
Moroccoguy:
Same as you. Respect who rule over the land regardless.
He should respect a tif? Are you maad?
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by slowice(m): 3:35pm On Apr 23, 2024
Moroccoguy:
Same as you. Respect who rule over the land regardless.
He should respect a tif? Are you maad?
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Orch1981: 3:36pm On Apr 23, 2024
nairalanda1:
They can do that because both countries allow their power sector set the prices that the power sector wants. Egypt had a subsidy in place, but it was removed several years ago.

Also, SA has a diversie generation portfolio...not just gas, they have nuclear and hydro. Even then, SA Is having blackouts right now.

Nigeria's problem (And I am not here to excuse APC, attack PDP or whatever, thank you ) boils down to the fact that the government sets prices for the power sector, meaning they cannot make sufficent profits to fix things. Then the power sector is owed billions by government (some 1.3 trillion naira ), and the general public (greater than that)...simply because people do not pay their bills, and excuse it. Including your government too. And when the government sets a bad example, the people follow.

Add the fact that since the late 1970's, the government has been expanding power supply to everywhere in Nigeria...with the result that the grid got overloaded (until 2019, there had been no new investment in the grid since the 1970's)...and damaged. Part of why we have blackouts ad grid collapses.

At the end, decades of making power cheaper for the people, means the sector cannot fund or fix itself or raise enough money to do so. People not paying their bills makes it worse. The gas companies refuse to supply gas to discos because of nearly 2 tr in debts.

But anytime people point out the lack of a cost reflective tarrif, NIgerians abuse and shout at them. Well, all I will say is, you won't run your business well if government set your prices.

Ivory Coast used to have similar problems as we did, until 1993, when they privatised power, and allowed a cost reflective tarrif to be charged. And here they are.
And is very cheap here in Ivory coast
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by nairalanda1(m): 3:37pm On Apr 23, 2024
Orch1981:
Lies power is never expensive if am lying go to Ivory coast orghana and see how cheap power is with 1000 cfa you have light for more than a month depending on your appliances but steady power supply come rain sunshine there is power
Well, Ivory Coast used to have blackouts and grid collapses (one bad one happened there in 1984) , then in 1993 they did two things

1.Privatised the power sector

2.DId something Nigeria did not do...they let the power sector charge its own prices, and nothing like bypassing meter.

The result is basically, power supply in Ivory coast improved. And improved, and after inital high prices, more and more investment flowed in and prices became 'cheap;

Even then, compared to Nigeria, Ivory coast pays something like 92 naira per kwh.

Nigeria has wahala because we think power is cheap. THus a combination of the following

1. NO cost reflective tarrifs

2.People not paying for power (as high as 58% of some customers in some areas)..and this includes the government (Aso Rock owes AEDC lots of money)

3. Poor subsides that cannot meet the needs. (Nigeria needs 3.7 tr naira in subsides, it can afford less than half of that).

All the above add up...to low or zero profits, inability to pay for things like gas , and bad power supply. Also, transmission cannot fix itself (the siemens project is sponsored by government and loans, not by TCN raised income)..because they rely on discos for money...and because of the above 3 reasons , discos are not raising money


You can disagree with me, and call me names, but what the government has done and is doing to the power sector is the equivalent of you being forced by government to sell a loaf of bread you baked at a cost of N1800 at N200 to help the poor. You won't make enough profit to keep your bakery running. Baking bread, and thus power is not cheap. It can only become cheap if subsides and price controls are eliminated...meaning investment flows in, and there is enough cash to make things better.
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Stewart883(m): 3:37pm On Apr 23, 2024
slowice:
He should respect a tif? Are you maad?
nairalanda1:
It isn't because Nigeria is a dysfuncional country that people are not paying their power bills. We pay our phone bills easily, we also pay a host of other bills, but when it comes to power, we have the idea that it should be free of charge or cheap.

That is why we can restructure or separate Nigeria, and power will still be a problem.

AM sure you think SA is a 'decent country' , yet they too have blackouts partly because of mismanagement, and partly because people are not paying their bills to eskom.

At the end, we have to accept power is not cheap. Otherwise we are going to keep having issues.
Then why can't government do to the power sector what they did to the telecommunications (Nitel) sectorhuh
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by nairalanda1(m): 3:37pm On Apr 23, 2024
Orch1981:
And is very cheap here in Ivory coast
See my reply to u.
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by slowice(m): 3:38pm On Apr 23, 2024
You cant even maintain a stable 2000mgwts and you are talking about increasing.


Solve the issue of incessant grid collapse first broda ode.

Peter Obi is always right.. That is how you left hundreds of pressing issues to go and start building 700km road for 16b dollars.
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by sonmvayina(m): 3:39pm On Apr 23, 2024
Splashme:
A country of of over 350m people is only targeting 6,000 MW

These people are confused
.
we need to depopulate.....

all those dumb heads who believe a woman can become pregnant without a mans input has to go....
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by nairalanda1(m): 3:40pm On Apr 23, 2024
Stewart883:
Then why can't government do to the power sector what they did to the telecommunications (Nitel) sectorhuh
Because it means allowing discos charge cost reflective tarrifs, which means that as at today, your power bill, regardless of band, would be N186 per kwh.

Nigerians don't like that, they want cheap power. If possible, free power.

Obasanjo allowed the GSM companies to set their prices...meanwhile Nitel's GSM subsidary Mtel was forced to charge cheaper prices. Guess where Mtel is today....(well, it exists as a small scale internet provider that has been privatised. Nitel has basically all but ceased to exist)
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Orch1981: 3:51pm On Apr 23, 2024
nairalanda1:
Well, Ivory Coast used to have blackouts and grid collapses (one bad one happened there in 1984) , then in 1993 they did two things

1.Privatised the power sector

2.DId something Nigeria did not do...they let the power sector charge its own prices, and nothing like bypassing meter.

The result is basically, power supply in Ivory coast improved. And improved, and after inital high prices, more and more investment flowed in and prices became 'cheap;

Even then, compared to Nigeria, Ivory coast pays something like 92 naira per kwh.

Nigeria has wahala because we think power is cheap. THus a combination of the following

1. NO cost reflective tarrifs

2.People not paying for power (as high as 58% of some customers in some areas)..and this includes the government (Aso Rock owes AEDC lots of money)

3. Poor subsides that cannot meet the needs. (Nigeria needs 3.7 tr naira in subsides, it can afford less than half of that).

All the above add up...to low or zero profits, inability to pay for things like gas , and bad power supply. Also, transmission cannot fix itself (the siemens project is sponsored by government and loans, not by TCN raised income)..because they rely on discos for money...and because of the above 3 reasons , discos are not raising money


You can disagree with me, and call me names, but what the government has done and is doing to the power sector is the equivalent of you being forced by government to sell a loaf of bread you baked at a cost of N1800 at N200 to help the poor. You won't make enough profit to keep your bakery running. Baking bread, and thus power is not cheap. It can only become cheap if subsides and price controls are eliminated...meaning investment flows in, and there is enough cash to make things better.
In Ivory coast government provide meter for every room not house oh then you pay for the meter instalmentally till you finish paying it becomes yours am presently here so you recharge your light can Nigeria government give every room meter in Nigeria which is not even possible I mean every room not house but they won't do that because they know there is no light with that they can't steal from the people anymore how can someone be paying for darkness
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by esemes256: 3:57pm On Apr 23, 2024
At this time, the best thing for the government to do is just shut up, roll up your sleeves and get to work. You can communicate your achievements to the masses as you achieve certain milestones.

The failures of the past make talking useless.
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by nairalanda1(m): 3:58pm On Apr 23, 2024
Orch1981:
In Ivory coast government provide meter for every room not house oh then you pay for the meter instalmentally till you finish paying it becomes yours am presently here so you recharge your light can Nigeria government give every room meter in Nigeria which is not even possible I mean every room not house but they won't do that because they know there is no light with that they can't steal from the people anymore how can someone be paying for darkness
Nope, it won't be the government doing that in ivory coast, it's probably the power company

And they can afford it because they are paid at the price they are set.

Plus Nigerians bypass meters, so everyone having a meter won't solve much. Changing mindset will.

Here in Nigeria it is the responsibility of discos to supply meters. Since 2013. And they try, but they can't give everyone because
..lack of cost reflective tarrif.

Truth is, you want meters and good power supply? Allow the power sector charge a cost reflective tarrif, and the profits will be hefty enough to attract lotsa investment.
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Ezmans: 4:08pm On Apr 23, 2024
helinues:
Toh
what of your APC 10,000 mega watts every 4 years from buhari regime
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Adesina2306(m): 4:09pm On Apr 23, 2024
I'm sure Nigerian will get out of this mess one day.


Today, grid collapse.
Tomorrow , increase power generation
This ! That!!
We need action
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by ceejay80s(m): 4:18pm On Apr 23, 2024
Na every year una dey target
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by RhinoChest: 4:30pm On Apr 23, 2024
The smaller Discos that will replace them minister, are they competent with proven track record?

Also minister, are you gonna tell Nigerians when all debt are paid to gasCos and Gencos?

Once debt is paid, does that mean no more excuses on the generation side? 6000 MW is small when we have a capacity to generate 13,000 MW.

You already said TCN has capacity to evacuate more than 6000 MW, so a realistic ambition before end of 2024 should be 8000-10000 MW.
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by tosinet(m): 4:33pm On Apr 23, 2024
Can a model be worked out where each local government can generate like 50-100 megawatts each? At least it will ease the burden on the national grid.
Also some of this discos do not have capacity to manage more than a local govt, why give most of them more than a state to manage?
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by StOla: 4:39pm On Apr 23, 2024
You mean since the days of Obasanjo, we are still stuck in this 4000MW of electricity?

There is more to this than meets the eyes.
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by COMPAQ(m): 4:41pm On Apr 23, 2024
iwaeda:
https://dailytrust.com/electricity-fg-targets-6000-megawatts-by-end-of-2024/
The article doesn't even relate to the headline. Nothing in the article says how exactly the government is going to go from 4000 megawatts to 6000 megawatts. Which power plants are going to add to that power generation?
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Moneyyman: 4:42pm On Apr 23, 2024
Fix electricity and data and watch the economy grow.

Let's get 20,000 MW at the least and N100/1GB and see!
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by charlsecy(m):
iwaeda:
https://dailytrust.com/electricity-fg-targets-6000-megawatts-by-end-of-2024/
Same shameless targets for over 15 years now! What kind of a country is this. Who did to us.

Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by Germi9: 5:08pm On Apr 23, 2024
Is it that they don't read or they are just shameless beings
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by gigfx: 5:08pm On Apr 23, 2024
Orch1981:
In Ivory coast government provide meter for every room not house oh then you pay for the meter instalmentally till you finish paying it becomes yours am presently here so you recharge your light can Nigeria government give every room meter in Nigeria which is not even possible I mean every room not house but they won't do that because they know there is no light with that they can't steal from the people anymore how can someone be paying for darkness
Thank you for this submission, here in the UK I pay around £130 a month which is not even up to a day wage. How will it be difficult for me to pay for electricity?

Many people are trying in Nigeria to pay because I know that in my area then, if u are owing just 2000 naira, the Discos will cut ur wire and take to there office.

My dad paid for a prepaid meter for close to 4 months now and he is still expecting. They like bringing their useless estimated bills. If the figures published in the newspaper about govt. ministries owing Discos including Aso Rock is correct then the bulk of the issues lies with govt.
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by nairalanda1(m): 5:20pm On Apr 23, 2024
gigfx:
Thank you for this submission, here in the UK I pay around £130 a month which is not even up to a day wage. How will it be difficult for me to pay for electricity?

Many people are trying in Nigeria to pay because I know that in my area then, if u are owing just 2000 naira, the Discos will cut ur wire and take to there office.

My dad paid for a prepaid meter for close to 4 months now and he is still expecting. They like bringing their useless estimated bills. If the figures published in the newspaper about govt. ministries owing Discos including Aso Rock is correct then the bulk of the issues lies with govt.
UK has been charging cost reflective tarrifs for decades

Ivory coast started its own in 1993.

Nigeria has never once for a day charged cost reflective tarrifs

That's why your dad hasn't gotten a meter.

It's called price controls. To use another example, back in the day the USSR used to subsidise food. Result, long queues for food

Then in the 1990s, USSR collapsed and all it's members went through economic shock. No more subdisising. Food went up through the roof.

But eventually, because it was profitable to sell food now, farmers got incentivise to prodoce food

Today, nothing like queue for food in Russia and other former Soviet republics.
Re: Electricity: FG Targets 6000 Megawatts By End Of 2024 by MEGAdime(m): 5:21pm On Apr 23, 2024
FG Targeting 6000MW since 1999.

Kai. This country is ruined.
1 2 3 4 Reply

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