₦airaland Forum

181bilion on 5000megawatt that is epileptic. This is a case of massive corruption.

nairalanda1:
Something that costs over 160 naira per kWh you want to sell it at less than 70 naira per kWh because we are poor.?

So how would the power sector pay for improvement when it loses 90 naira or more per kWh of power sold?

pls what then is subsidy that the topic is talking about?

nairalanda1:
All in all, we should have removed the subsidy on power, make everyone pay for power at market price, and there would be massive improvement in power supply.


We get bad power because we don't pay for power in full. Even now

1. Most Nigerians do not pay the market price for power

2. 40% of Nigerians , if not more, don't pay for power at all.

Run your business that way, and you would lose money well well

The above is why we do not have constant power supply. And why we have shitty power. And why we have blackouts.

Plus, with debt service rising again, government can't afford subsides for power.

But most of you don't want to hear the truth....so we will blame corruption, the Hausas, tinubu, gej, buhari, the army, etc etc.

Tomorrow we will cheer for the guy who chases nepa people from disconetctin him....a big part of the problem.


Modifed

I love the tears of rage of the people who throw tantrums at the above posts...yes all of you.

NO matter how angry you are...electricity costs money to generate and transmit.

Also, the cost of things do not respect your feelings, or mine.

Suck it up, buttercups.

Modifed 2

Google for 'Solving the Liquidity crunch in the power sector. It answers all your questions..

This idiot has come again with his usual capitalism theory which is utopian to say the least but not practical.
For Nigeria to achieve the kind of extreme capitalism you always preach, the minimum wage in Nigeria will have to be 500k and that's very unrealistic hence your theory only exist in your maggot infested brain and not practical. A simple Google of the countries you like to compare Nigeria with will tell you the minimum wage there.
Nigeria is a poor country and even at that there's a reason government exists in a society which is to help the poor and weak and not to put them into their death hole. There's nothing wrong with subsidy because every country in the world subsidizes for her citizens.

nedu666:
For you, the solution to Everything is increase price. So if after you increase the price of Everything and majority are too poor to afford it, what happens?

Pls, explain explain well to him.

coleon:
This idiot has come again with his usual capitalism theory which is utopian to say the least but not practical.
For Nigeria to achieve the kind of extreme capitalism you always preach, the minimum wage in Nigeria will have to be 500k and that's very unrealistic hence your theory only exist in your maggot infested brain and not practical. A simple Google of the countries you like to compare Nigeria with will tell you the minimum wage there.
Nigeria is a poor country and even at that there's a reason government exists in a society which is to help the poor and weak and not to put them into their death hole. There's nothing wrong with subsidy because every country in the world subsidizes for her citizens.

All this anger over the fact that in order to improve power supply, power must be sold at a profit?

valuedammy:
Pls, explain explain well to him.

Hmm, so something which costs 160 naira to make must be sold at 70 naira , meaning discos and gencos and tcn won't be able to make enough money to pay for improvements to the sector?

Some of you people have very funny imaginations.

lexy2014:
pls what then is subsidy that the topic is talking about?

Hi beautiful! How are your incubi spouses?

nairalanda1:
Hmm, so something which costs 160 naira to make must be sold at 70 naira , meaning discos and gencos and tcn won't be able to make enough money to pay for improvements to the sector?

Some of you people have very funny imaginations.

nairalanda1:
Something that costs over 160 naira per kWh you want to sell it at less than 70 naira per kWh because we are poor.?

So how would the power sector pay for improvement when it loses 90 naira or more per kWh of power sold?

what is now the purpose of subsidy the topic is talking about? or do you have a special definition of subsidy which is different from what is in the dictionary?

valuedammy
coleon
nedu666

maasoap:
Even me self. I recharged like 300 units when we were temporarily place in band B before we were moved again to Band A. I haven't bought this shiity band A tariff yet. May be I should be planning for solar power too.
I should have recharged like 50k or 100k that time, chai!

Bro, with 1.5m, you can do solar and inverter

Just go to Alaba market and buy the components yourself ( Solar panels, Lithum Batteries, Inveter and solar reader)

Then get someone to fix for you and you will save money

It's the best decision I took!

lexy2014:
what is now the purpose of subsidy the topic is talking about? or do you have a special definition of subsidy which is different from what is in the dictionary?

valuedammy
coleon
nedu666

Your skin looks very lovely, young succubus. Also, your perfume is so shall we say.....enchanting?

lexy2014:
what is now the purpose of subsidy the topic is talking about? or do you have a special definition of subsidy which is different from what is in the dictionary?

valuedammy
coleon
nedu666

You are a very lovely looking person, with hair as soft as the raven's wing.

lexy2014:
what is now the purpose of subsidy the topic is talking about? or do you have a special definition of subsidy which is different from what is in the dictionary?

valuedammy
coleon
nedu666

Your eyes are as dark as the river nile.

lexy2014:
what is now the purpose of subsidy the topic is talking about? or do you have a special definition of subsidy which is different from what is in the dictionary?

valuedammy
coleon
nedu666

Your skin is as smooth as a lizard scale.

lexy2014:
what is now the purpose of subsidy the topic is talking about? or do you have a special definition of subsidy which is different from what is in the dictionary?

valuedammy
coleon
nedu666

Your body is as proportioned as a chick standing on a perch

ajepako:
Bro, with 1.5m, you can do solar and inverter

Just go to Alaba market and buy the components yourself ( Solar panels, Lithum Batteries, Inveter and solar reader)

Then get someone to fix for you and you will save money

It's the best decision I took!

Thank you.
I will save and keep this post. I'm not buying electricity units anytime soon. My remaining units will last till September next year at this rate that we're consuming power.
A quick question though: are you using special or separate bulbs with it or the ones you were using with Disco?

nairalanda1:
Well, you can be abusive and all that, but at the end, people who sell at a profit usually make enough money to pay for improvements

Laughing. A product or service can price itself beyond the reach of many consumers and it will eventually bankrupt. That's the beauty of capitalism

maasoap:
Laughing. A product or service can price itself beyond the reach of many consumers and it will eventually bankrupt. That's the beauty of capitalism

Well, selling something that costs 755 to make at N40 , which is what you want, would cause issues

We have tried subsidy for 50 years. In that time, we lost 4 refineries, have had numerous scarcity and lots of issues.

Meanwhile our northern neighbour has had a refinery for 20 years, and has had no scarcity and until the coup was even exporting to us.

Yet, because you guys want cheap things without thinking how much they cost.....

maasoap:
Thank you.
I will save and keep this post. I'm not buying electricity units anytime soon. My remaining units will last till September next year at this rate that we're consuming power.
A quick question though: are you using special or separate bulbs with it or the ones you were using with Disco?

Use energy saving bulbs , irons and basic gadgets

nairalanda1:
We need 10 billion dollars in annual investments to get to 24 hour power supply.

Our budget is 18 billion dollars.

If we follow your way, we may get good power supply, but at the expense of a hefty debt which would eat our country alive...and all in it.

Oga, if you won't let the poor set your prices as a business person, then don't force it on the power supply sector.

Either we pay full market price, or we stop grumbling and enjoy the rubbish we acutally pay for.

The borrowing becomes a crime when you put a whole country into debt just to split funds amongst a few people for personal gains. 10 billion dollars you say, how about we cut down on the cost of governance and focus on increasing the money generated ..... Cut down on the money spent on the legislative and executive's arm of the government.
Open the land borders and facilitate trade between neighboring countries.... Instead of buying new planes and bulletproof escalades, revive the refineries create more jobs.... When we have more jobs there's more revenue for the government in terms of tax. The borrowing will be reduced..... We are the 3rd on IMFs list of debtors. Yet despite the huge sums being borrowed we have nothing to show for it.... If libya an oil producing country sells petrol at 57 naira, why cant we emulate that? The greed of the people who have a say is why we keep digging deeper into debt. This has nothing to do with apc or pdp or LP as far as I am concerned they are the same people with different colors of agbada. But our problem is simple. Let's not make it seem like it goes beyond what it is.

Fashdeejay:
The borrowing becomes a crime when you put a whole country into debt just to split funds amongst a few people for personal gains. 10 billion dollars you say, how about we cut down on the cost of governance and focus on increasing the money generated ..... Cut down on the money spent on the legislative and executive's arm of the government.
Open the land borders and facilitate trade between neighboring countries.... Instead of buying new planes and bulletproof escalades, revive the refineries create more jobs.... When we have more jobs there's more revenue for the government in terms of tax. The borrowing will be reduced..... We are the 3rd on IMFs list of debtors. Yet despite the huge sums being borrowed we have nothing to show for it.... If libya an oil producing country sells petrol at 57 naira, why cant we emulate that? The greed of the people who have a say is why we keep digging deeper into debt. This has nothing to do with apc or pdp or LP as far as I am concerned they are the same people with different colors of agbada. But our problem is simple. Let's not make it seem like it goes beyond what it is.

Trying to emulate Libya is like a man with an income of one million naira yearly and fifteen kids and five dependents and two wives trying to spend like the man with one wife, one kid and two million monthly.

We need better tax income,a diversified economy and a industrial economy before we can even consider mass welfare projects for ourselves.

And apc is not doing anything about us getting there

ajepako:
Use energy saving bulbs , irons and basic gadgets

I'm using energy saving bulbs like 6-7watts max, only one 18watts for kids' homework at night. Thanks

nairalanda1:
Well, selling something that costs 755 to make at N40 , which is what you want, would cause issues

We have tried subsidy for 50 years. In that time, we lost 4 refineries, have had numerous scarcity and lots of issues.

Meanwhile our northern neighbour has had a refinery for 20 years, and has had no scarcity and until the coup was even exporting to us.

Yet, because you guys want cheap things without thinking how much they cost.....

We want cheap things, right? We're better than the leaders you're defending here who are getting everything free of charge. It is a common sense argument.

maasoap:
We want cheap things, right? We're better than the leaders you're defending here who getting everything free of charge. It is a common sense argument.

The problem with you guys is that you think I am defending your leaders.

That's why you can't see my point.

Continue in your delusions then.

nairalanda1:
The problem with you guys is that you think I am defending your leaders.

That's why you can't see my point.

Continue in your delusions then.

I got you right there, lol.
We the citizens want cheap FEW things just like in USA, UK Canada, UAE, Saudi Arabia, Germany, etc. Your leaders are are getting EVERYTHING free of charge

nedu666:
For you, the solution to Everything is increase price. So if after you increase the price of Everything and majority are too poor to afford it, what happens?

They will send rice to them

nairalanda1:
1. SO that we can pay full price for full power.

2. You can type this stuff from your house because Obasanjo refused to subsidse GSM. OH he was insulted, oh people called him names, oh, people abused GSM companies well well. But they took our money and improved our telephony. We went from less than 500000 lines in 1997 to tens of millions of lines by 2007.

Try running your business where 80% of your customers owe you money, and 40% don't pay. See if it would be successful


Forget politcs...there is nothing like free power.

The problem with this government, it supporters and his team is lack of intelligence and they are arrogance about their failures
How can you compare obasanjo GSM with the nonsense power tariff increase
With obasanjo policy there was competition, while this one ,government is just increasing tariff, it cannot achieve same result

surgical:
The problem with this government, it supporters and his team is lack of intelligence and they are arrogance about their failures

This comment is both insulting and a lie.

How can you compare obasanjo GSM with the nonsense power tariff increase
With obasanjo policy there was competition, while this one ,government is just increasing tariff, it cannot achieve same result

In other words, we also allow competition in the power sector.

It also does not negate what I said

And grow up. Not everyone who disagress with you supports government.

iwaeda:
This Tinubu economic dividend, Edo people are happy with. Suffering is just loading, how will people get money to pay, Nlfpmod, we will get sense by hunger and hardship. .

I'm from Edo Benin been there a while ago at 2018-2021. How is the power supply over there? Has it improved than before?

I'm considering relocating there.