₦airaland Forum

DanseMacabre:
E sure me die say if you check behind the scenes, these new discos no go dey too far from Tinumbu.

naptu2:
Step by step.

⚫️ Now states can license companies to generate electricity.

⚫️ Now states can license companies to distribute electricity.

⚫️ Now states can have their own mini grids.

⚫️ Now states can remove the ridiculous subsidy.

mfm04622:
Or they can stupidly increase the subsidy like a state tried to do.

nairalanda1:
Okay, let's pretend we can have power for free, in other words.

You know I am right, but you think that I am calling for your oppression. I am not, I am stating the truth, and nothing but the truth.

Google...solving the liquidity crunch in the power sector. PwC report on the power sector from 2019.

Mandem05:
...

nairalanda1:
Again, most nigerians who are electricity consumers are charged at a price below the market price. Government pays a subsidy that is not able to cover resulting losses...because tinubu and apc don't understand that their job is to make nigeria richer.

Again, we need 15 trillion annually for 5-10 years to fix power. Most of that money needs to come from investments...and our pocket. Tell me, would any investor agree to invest in a power sector where most people are underpaying or not paying at all. This is not GSM, where you cannot use a phone without paying.

Again, we need to fight corruption in the sector . GOes without saying.

Better face reality. I hate the reality, but here we are. The alternative is that we take loans until our debt becomes unsustainable, and we run out of money...because power must be free of charge.

Ttalk:
If you don't know that distribution companies are exploiting
1. The government
2. The generation company
3. The customers
Then you are not qualify to defend them.

MaziObinnaokija:
Shhhhhh . Face front and allow LAGOSIAN BREATH.Dem lagos pipu sha nor drag yo village land with u

Ttalk:
Let me ask you, will metering of all houses that needs electricity increase the revenue of the distribution companies?


Yes or No

Ttalk:
Look you are not talking to a novice, I operate is a sector of energy and I know what am saying.

No one is saying power should be given freely. But why are the disco unwilling to give people meter even when people are ready to pay for what is supposed to be free.

Mainwhile government have paid for these meters which supposed to be the responsibility of the power provider, yet the hoard it from customers.

If you don't know that distribution companies are exploiting
1. The government
2. The generation company
3. The customers
Then you are not qualify to defend them.

FarahAideed:
Born in Ikoyi , grew up in Ikoyi , and now residing and working in Phase 1, I am more Lagosian than even Tinubu so rest

Mandem05:
Chai!! You have raised a great point that I'd like to explore. When comparing USA electricity billing system where almost all the customers pay their bills, as opposed to the Nigerian electricity billing system that most Nigerians as subjected to (not by choice). The only thing that stands out to me is the fact that I practically all customers of the American electricity companies have meters that accounts for the electricity they use. As opposed to the estimated billing we have in Nigeria where basically you may not have had electricity all month but at the end of the month you have an electricity bill presented to you to pay.

IF DISCOS were responsible companies the first task they would have undertaken would have been to provide prepaid electricity meters for their customers as it is done in some parts of UK.

MaziObinnaokija:
Immi grant. Wic Ikoyi? Must we drag person land? All these 90/2000 nowadays children 🙄 😒😐 🙄

Ttalk:
Let me ask you, will metering of all houses that needs electricity increase the revenue of the distribution companies?


Yes or No

nairalanda1:
The problem is, there is the issue of meter bypass

How bad is meter bypass? 60% of Nigerian electricty consumers who are metered bypass their meters (from TCN figures).

With that issue, metering, while very very necessary, is not going to solve the problem. Nigerians have to realize that power is not cheap, and pay their bills, and maybe we would see investment, and eventually the 24 hours a day power.

I'm off to do some stuff.

naptu2:
https://www.tvcnews.tv/laserc-licenses-new-discos-replaces-eko-ikeja-electric/

nairalanda1:
Okay, that means that you are essentially saying government shoult take loans to keep the power free of charge.

Keep in mind that because discos cannot increase power fees for most of their consumer base and because discos are being underpaid by same consumer, EVEN WITH THE SUBSIDIES IN PLACE...and at least 30% don't pay for power at all...that is why they dont have enough money to pay gencos.

I effing am not defending anyone....and the fact that you assume I am defending anyone shows you completely misunderstand my point.

Again, remember we need 15 trillion naira annually to fix power to all our tastes. Porfits earned by discos amount to 1 trillion naira at best, annually, then subsides paid by government amount to 1 trillion annually, that is, if they are paid self.

And we need to increase generation. We need 32000 mw to supply everyone connected to the grid right now with 24/7 power, and we need 88000 mw to give every nigerian household 24/7 power. If you think that N1 trillion naira profit would be enough for that, then you are one of those that bought your ferrari last year for N400.

Ok...jokes over.

The fact is, the sector has a liquidity problem, because we...the rich and the poor, are not paying market price for power. And that is a problem

You have GSM Phones because you pay market price for their service...and the government does control prices but not to the extent where they dip below market price. Unlike for power.

nairalanda1:
Let me ask you a question...have you heard of meter bypass.?

Very common, and that is why metering, despite being desirable, won't solve the problem

Also, even if we metered everyone...AND WE SHOULD, Before you come and say I support esitimated billing.....it still does not solve the fact that most consumers are at best paying below market price, and your government subsidies ar enot enough.

Gas prices are increasing ....that makes things worse.

naptu2:
Previous threads.

In March 2023 President Muhammadu Buhari signed a constitutional ammendment bill into law and part of the ammendments was that states could generate, transmit and distribute electricity in places that were covered by the National Grid.

Buhari Signs 16 Constitution Amendment Bills Into Law
https://www.nairaland.com/7615729/buhari-signs-16-constitution-amendment

In June 2023, President Tinubu signed an ammendment to the Electricity Act into law. The new law allows states to issue licenses to companies to generate, transmit and distribute electricity within their states. The law says that the states must first enact a law to regulate electricity generation, transmission and distribution before they can take over the regulatory functions of the NERC.

President Tinubu Signs Electricity Act 2023 Into Law
https://www.nairaland.com/7720914/president-tinubu-signs-electricity-act


The Lagos State Government is now planning it's own electricity law and it is inviting investors to take part in the Lagos electricity market.

Lagos Lawmakers, Stakeholders Meet As State Plans Own Electricity Market
https://www.nairaland.com/8150172/lagos-lawmakers-stakeholders-meet-state

GAC Members Meet Obasa Over Proposed Lagos Electricity Law
https://www.nairaland.com/8145598/gac-members-meet-obasa-over

Lagos To Build Massive 4,000 Megawatts Plants To End Power Cuts - Reuters
https://www.nairaland.com/8261512/lagos-build-massive-4000-megawatts

Lagos Invites Investors For Gas Fired IPPs
https://www.nairaland.com/8261091/lagos-invites-investors-gas-fired


Lagos To Build Massive 4,000 Megawatts Plants To End Power Cuts
https://www.nairaland.com/8261512/lagos-build-massive-4000-megawatts

Devolution Of Electricity Regulation: Lagos Team Meets TCN
https://www.nairaland.com/8271944/devolution-electricity-regulation-lagos-team

Governor Sanwo-Olu Signs Lagos Electricity Bill Into Law (Video)
https://www.nairaland.com/8284060/governor-sanwo-olu-signs-lagos-electricity

NERC Transfers Regulatory Oversight To Lagos State
https://www.nairaland.com/8296783/nerc-transfers-regulatory-oversight-lagos


Here are examples of other states.


Ekiti Government Grant License To Investors To Generate & Distribute Electricity
https://www.nairaland.com/8261408/ekiti-government-grant-license-investors

Gombe Signs MoU With Chinese Firm For 100 Megawatt Solar Energy Plant
https://www.nairaland.com/8259302/gombe-signs-mou-chinese-firm

Enugu Signs Electricity Bill Into Law, Targets 30 Billion USD Economy
https://www.nairaland.com/7844171/enugu-signs-electricity-bill-into

Grid Collapses: States Ramp Up Plans For Power Plants
https://www.nairaland.com/8262488/grid-collapses-states-ramp-up

States Work On Total Electricity Subsidy Removal, New Tariff
https://www.nairaland.com/8119959/states-work-total-electricity-subsidy

Bauchi Govt, CCECCE Sign Agreement For 30MW Solar Power And Distribution Network
https://www.nairaland.com/8277659/bauchi-govt-ccecce-sign-agreement

NERC Transfers Electricity Regulatory Oversight To Four States
https://www.nairaland.com/8316497/nerc-transfers-electricity-regulatory-oversight

Alex Otti Signs Abia Electricity Bill Into Law
https://www.nairaland.com/8372613/alex-otti-signs-abia-electricity

Ttalk:
You are only being clever by half by asking me questions rather than answering the straight forward question I asked you.

Please answer this question without any ambiguity

Let me ask you, will metering of all houses that needs electricity increase the revenue of the distribution companies?


Yes or No

Ttalk:
You are not correct with what you are saying and you just base your opinion on propaganda the distribution companies dish out.

Let me ask you again. Who do you think pay more presently between a consumer that uses distribution companies electricity to pump household water and the one who pumps his water through a solar set up.

Please I need a straight forward response and not a conjecture and the propaganda stuff

naptu2:
Further reading.

The Lagos Electricity Journey
https://www.nairaland.com/8262334/lagos-electricity-journey


Lagos Commissioners Back Biogas Plan to Cut Transport Costs
https://www.nairaland.com/8268289/lagos-commissioners-back-biogas-plan

Mandem05:
So because of metering bypass, estimated billing is the answer abi?

Mandem05:
Chai!! You have raised a great point that I'd like to explore. When comparing USA electricity billing system where almost all the customers pay their bills, as opposed to the Nigerian electricity billing system that most Nigerians as subjected to (not by choice). The only thing that stands out to me is the fact that I practically all customers of the American electricity companies have meters that accounts for the electricity they use. As opposed to the estimated billing we have in Nigeria where basically you may not have had electricity all month but at the end of the month you have an electricity bill presented to you to pay.

IF DISCOS were responsible companies the first task they would have undertaken would have been to provide prepaid electricity meters for their customers as it is done in some parts of UK.

princepee:
nice one, way to go.
Anything that will replace those two is welcome.
We deserve better

naptu2:
🤣 Check out the comments above! They don't realise that the new companies are the old companies (I've explained this many times on this forum).