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President Tinubu Meets With GENCOs, Promises To Settle Subsidy Debts - Politics (2) - Nairaland

Nairaland ForumNairaland GeneralPoliticsPresident Tinubu Meets With GENCOs, Promises To Settle Subsidy Debts (7309 Views)

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Re: President Tinubu Meets With GENCOs, Promises To Settle Subsidy Debts by jamafa: 9:15am On Jul 26, 2025
Jeezuzpick:
His focus is more in the shambolic renovation and renaming of the International Conference Center and the so-called Coastal Highway.

Things that may ease the pains of the people are low on his priority list.

I still don't get how the increased electricity tariffs don't at least go towards servicing the debts.

Are people not paying for electricity?

Just open a thread about monthly electricity charges (with proof) and see how people are paying exorbitantly for electricity in the name of "Band A
Electricity is expensive everywhere

You want constant power supply, you have to pay it.
Re: President Tinubu Meets With GENCOs, Promises To Settle Subsidy Debts by Mccullum: 9:36am On Jul 26, 2025
I pray to God to help him.

He worth it to be re-elected.
Re: President Tinubu Meets With GENCOs, Promises To Settle Subsidy Debts by Vision101(m): 9:44am On Jul 26, 2025
CapitalBank:
grin grin grin grin

Man is scared like mad... his work rate has increased.

No worry, come 2027, you will leave that place. Shebi your wife dey wish Super Falcons kini kan.... una just dey start.

You will work like you have never worked in your entire life. Someone should move his medical doctor to Aso Rock. He is going to need it.
Trash..... very big trash. We are talking about serious issue that has plagued development since Atiku and OBJ messed up the power privatisation and you are bringing politics into it.
Re: President Tinubu Meets With GENCOs, Promises To Settle Subsidy Debts by Jeezuzpick(m): 9:56am On Jul 26, 2025
jamafa:
Electricity is expensive everywhere

You want constant power supply, you have to pay it.
Constant power supply?

Where?

Tell me where, I'll move there and gladly pay for it
Re: President Tinubu Meets With GENCOs, Promises To Settle Subsidy Debts by Jayhome24: 12:46pm On Jul 26, 2025
nairalanda1:
Buhari did something you folks wanted him to do...he subsidised power.

The result was poor power supply because the discos and gencos did not have the profts to improve power. Infact three investors withdrew from the discos they bought because the subsides on power were preventing them from making enough profit to fix things, and leaving them in serious debt.

But you guys, anytime subsidy removal and deregulation is proposed, you will abuse the people calling for it, and you will demand subsides. So, here we are.

Even tinubu's band A increase was forced on him by reality. Reality is something that does not let us dream

Better support a government that would let discos charge their price, and stop thinking that they are there to rip you off. Money from improvement no go come from air.
Seriously, I read all your comment I can't understand what you are trying to say.

Pls repeat yourself in a more clear way so I can give you a proper answer.
Re: President Tinubu Meets With GENCOs, Promises To Settle Subsidy Debts by nairalanda1(m): 1:22pm On Jul 26, 2025
Jayhome24:
Seriously, I read all your comment I can't understand what you are trying to say.

Pls repeat yourself in a more clear way so I can give you a proper answer.
You do understand cheesy

This is your way of being mocking.

It does make you look childish ye know.

Good afternoon. Enjoy your free electricity grin
Re: President Tinubu Meets With GENCOs, Promises To Settle Subsidy Debts by Charly68: 3:06pm On Jul 26, 2025
People blame this man when in actual fact he is working assiduously to make the country better. Another 4trilion debt burden to be settled. That of aviation sector was dully offset and Airlines have resumed their smooth operations. In fact his coming to power was timely ... The world economy is in trouble but the president is steadily stabilizing Nigeria economy through proactive economic re-enginering....Many will change their language and start praising him by the time we enter January 2027
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