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Lagos Licenses New Discos, Replaces Eko, Ikeja Electric - Politics (5) - Nairaland

Nairaland ForumNairaland GeneralPoliticsLagos Licenses New Discos, Replaces Eko, Ikeja Electric (15850 Views)

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Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by WizardOfNG: 11:35am On Oct 06, 2025
naptu2:
This is also why I always post links to previous threads (as I did on the first page of this thread) because they tell the whole story. I can't repeat every single detail every time, but a click on those links would provide the entire story.
Welldone and the correct thing to do. It is similar to what AI does because below every collated set of information, AI even quotes precise sources users can refer to.

After all is said and done, most Nigerians do not like reading or doing research. They will tell you smugly "who dat one help" or "how does that affect cost of Kpomo and garri".

Yet they will be annoyingly asking questions, they can get answers for, as if any here is their teacher.

Very irresponsible and, to me, the reason Nigeria is full of a greater amount of its people being part of the problem rather than the solution.

To discern and devise a solution for a problem, good knowledge of the problem is key. Never ignorance.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by WizardOfNG: 11:44am On Oct 06, 2025
FarahAideed:
Neither has yours so rest ...no where in Nigeria can be said to be developed,
But the freedom, more and more, is now arriving for us to change that reality yet you refuse to discuss that in preference for doom-mongering.

As Trump said to Netanyahu, out of annoyance and exasperation, "you're always so f***ing negative".

The reason is clear in your case. You're not progressive or patriotic and therefore abhors good news about Nigeria and your fellow Nigerians.

I

Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Basic123: 1:18pm On Oct 06, 2025
FarahAideed:
No South Eastern states belong to people of the Bight of Biafra ,Lagos belongs to u and me ,like wise Abuja ,. ogun, oyo ,Osun Ekiti ,ondo belong to Oduduwa chromosome
Eyeah grin
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by sammsimm(m): 5:39pm On Oct 06, 2025
gasparpisciotta:
IE and Ikeja Electricity Disco are one and the same.

Excel was brought into cover other parts of Lagos.

Capitalists will always win, masses will always bear the brunt.
thank you my brother... Folake Soetan is the MD of ikeja electric and IE
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by sirblend: 8:31pm On Oct 06, 2025
nairalanda1:
Yes, and most of your countrymen are not paying that high, and most of them are not paying at all....so consider this is part of why your bill may be that high.

Plus in USA...everyone pays their power bill...and please don't lie...I have people in the USA...and what they pay for power for a one bedroom flat in say New Jersey in one month is what people on band B pay in three months.

But when everyone pays their power bill, the profits increase and eventually prices will fall...see the GSM sector.

So, stop grumbling. We have to accept hard truths in this country. E get why Obasanjo and GEJ privatised power....government ownership was not working because government did not have the funds , before corruption came in to wreck havoc.


Again, we need 10 trillion naira annually for 10 years to get power for 24/7. Is any investor that is decent going to come in to a sector where 80% of the customer base are underpaying for power?

Lord knows, I wish we could have power at N10 per kwh. But that is fantasy
You think Nigerians are underpaying for power, then you are wrong..

Where I live, power is supplied for 3 hours daily. There are days we will experience disruption in power supply for 2 days...

I pay over 23k monthly.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Believeintruth: 5:38am On Oct 07, 2025
WizardOfNG:
That communism is not explicitly referenced does discredit the reality it's principles features heavily in how successive previous Governments have run Nigeria via embracing State-sponsored subsidy of many important sectors.

It is only recently Nigeria has begun shifting towards greater deregulation everywhere and a shift towards a free market , private-sector empowered and competitive economy.

Has Dangote not proven that Nigeria would be much better off today if, for example, Obasanjo had aggressively empowered private refineries instead of his and other President's insistence on enduring with Government-owned refinery that then led to damaging payment of subsidy for decades?

The only difference is that nations of the world that practised communism did so openly in the belief it is best for them. Nigeria stumbled into it as a way for Government to scam people into subservient acceptance of their looting and inept leadership.
Oga stop speaking unnecessary grammar. Nigeria runs a mixed economic system. Even in developed countries they operate a system that makes do for social welfare that is why subsidies are still in place there. Please stop misinforming people.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Believeintruth:
WizardOfNG:
It is referenced as a guide so people understand I am not supplying my own opinion alone. If you have your own different opinion then submit such to make your point.

Don't reduce your contribution to discrediting others alone. Contribute to the topic by adding your own solution-based viewpoint or even simply highlighting the problem as you believe it to be.

What you are doing is classically references by the saying below. I e small-minded focus on people rather than ideas.

Discuss the idea of the thread if you can and as others are doing rather than trying to discredit source of info others cite to back their viewpoint.
Oga you are not supplying your opinion you are using an unstructured AI tool to push something that is likely wrong as a statement of fact. Stop misinforming people.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Believeintruth: 5:44am On Oct 07, 2025
WizardOfNG:
Correct and Lagos has explained this was coming even weeks ago. See below. I am still surprised some cannot harness the power of AI to become quickly informed and even financially successful. From simply gaining guiding info quickly to creating powerful feasibility report and detailed new business profit forecasting, perhaps to secure start-up loan, AI can do it virtually instantly.

As with below, AI saves time literally 'stitching' together and summarising all that has been reported about an issue together quickly and efficiently while references sources.
Oga stop using unstructured sources of information as statement of fact.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by nairalanda1(m): 6:32am On Oct 07, 2025
sirblend:
You think Nigerians are underpaying for power, then you are wrong..
I wish I was wrong, but consider that 1kwh of power costs N160-70. Only band A users pay above that, the rest pay below that. Band A users comprise 20% of the customer base.


Where I live, power is supplied for 3 hours daily. There are days we will experience disruption in power supply for 2 days...

I pay over 23k monthly.
You are not most nigerians, and 23k is low, compared to band A members who pay much higher for the three hours.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Okoroawusa: 7:07am On Oct 07, 2025
DanseMacabre:
E sure me die say if you check behind the scenes, these new discos no go dey too far from Tinumbu.
Create Discos in Anambra let Peter Obi be behind it. Who cares?
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by WizardOfNG: 8:35am On Oct 07, 2025
Believeintruth:
Oga you are not supplying your opinion you are using an unstructured AI tool to push something that is likely wrong as a statement of fact. Stop misinforming people.
Repeating the same argument he thinks deflects from the fact he cannot deliver factual rebuttal against the utterances of other. Typical of 'empty barrels'.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by WizardOfNG: 8:44am On Oct 07, 2025
Believeintruth:
Oga stop using unstructured sources of information as statement of fact.
You've been challenged to provide your own fact-based rebuttal to everything I have said. Yet you will lot. Like a broken record, you prefer redundant attempt to discredit the messengers and his source rather than the message.

What will you appear to be in the eyes of intelligent and sensible Nairalanders other than a small-minded rabble rouser?

Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Believeintruth: 12:29pm On Oct 07, 2025
WizardOfNG:
Repeating the same argument he thinks deflects from the fact he cannot deliver factual rebuttal against the utterances of other. Typical of 'empty barrels'.
Oga you are using the same template of misinforning people.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Believeintruth: 12:30pm On Oct 07, 2025
WizardOfNG:
You've been challenged to provide your own fact-based rebuttal to everything I have said. Yet you will lot. Like a broken record, you prefer redundant attempt to discredit the messengers and his source rather than the message.

What will you appear to be in the eyes of intelligent and sensible Nairalanders other than a small-minded rabble rouser?
Oga you never challenged me in any of my comments. I stated the obvious to you. Perhaps you are too in your head to read other comment to really understand.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Believeintruth: 12:30pm On Oct 07, 2025
Okoroawusa:
Create Discos in Anambra let Peter Obi be behind it. Who cares?
Why are you so obsessed with PO? Did Tinubu form any disco in Lagos?
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by WizardOfNG: 12:54pm On Oct 07, 2025
Believeintruth:
Oga you never challenged me in any of my comments. I stated the obvious to you. Perhaps you are too in your head to read other comment to really understand.
Look, this is becoming tiring. Do you have an opinion on the topic of the thread or not or are you here to drag others alone?
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by WizardOfNG: 12:55pm On Oct 07, 2025
Believeintruth:
Oga you are using the same template of misinforning people.
"Misinforming people" about what precisely? Use your own fact-based argument to expose my misinformation na. Simple. Abi that is impossible for you to do?
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Believeintruth: 2:30pm On Oct 07, 2025
WizardOfNG:
"Misinforming people" about what precisely? Use your own fact-based argument to expose my misinformation na. Simple. Abi that is impossible for you to do?
Oga I have made my own fa for based arguments. Yours is merely an attempt at deceiving people.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Believeintruth: 2:30pm On Oct 07, 2025
WizardOfNG:
Look, this is becoming tiring. Do you have an opinion on the topic of the thread or not or are you here to drag others alone?
Oga you are misinforming and deceiving people. I will continue to call you out.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by sirblend: 4:19pm On Oct 07, 2025
nairalanda1:
I wish I was wrong, but consider that 1kwh of power costs N160-70. Only band A users pay above that, the rest pay below that. Band A users comprise 20% of the customer base.




You are not most nigerians, and 23k is low, compared to band A members who pay much higher for the three hours.
How much does band A customers pay for three hours supply?

Moreover those you think pay less for electricity consumption are those who pay more..

Now from 9am yesterday to this moment there was no power supply..
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by sirblend: 6:05pm On Oct 07, 2025
nairalanda1:
I wish I was wrong, but consider that 1kwh of power costs N160-70. Only band A users pay above that, the rest pay below that. Band A users comprise 20% of the customer base.




You are not most nigerians, and 23k is low, compared to band A members who pay much higher for the three hours.
There are Nigerians who are on estimated billing like me and use less than 5kwh of energy every month yet pay 23k monthly.

What do you have to say about it.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Okoroawusa: 9:26pm On Oct 07, 2025
Believeintruth:
Why are you so obsessed with PO? Did Tinubu form any disco in Lagos?
Why are you also obsessed with Tinubu and Lagos?
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Believeintruth: 8:36am On Oct 08, 2025
Okoroawusa:
Why are you also obsessed with Tinubu and Lagos?
My response shows no obsession. Bros understand simple comprehension.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Okoroawusa: 2:05pm On Oct 08, 2025
Believeintruth:
My response shows no obsession. Bros understand simple comprehension.
But my own response shows obsession okwaya?

See reasoning
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by HenryWilliams(m): 2:51pm On Oct 08, 2025
nairalanda1:
This does not change anything.

The elephant in the room is the massive subsidy on power, and the underpaying of discos by a large percentage of nigerians. As well as the fact that at least 30% of nigerians do not pay for power, and less than 20% of nigerians actually pay above market price.

No matter how many times you change discos and gencos, the problem will still remain.

And anytime discos cut power, nigerians use violent means to intimidate them to restore power,or bribery, and the power theft and underpaying continues.

And we expect a sector that made less than 360 million pounds sterling equivalent last year to be like the UK power sector that made about 1 billion pounds annually in the last 4 years.?

Nigerians self. Even Aso rock is running away from the grid...as are many Nigerians, meaning customers are also reducing..

And we expect 24 hour light. Okay....call me when you wake up from the dream that you travelled to London after buying airplane ticket for N1000 only. cheesy
When there is damage to the transformers, wires and poles, are the customers meant to fix them from their own pocket?
When you arbitrarily upgrade areas to band A without commensurate increase in power supply, who pays for that?
When customers have paid for prepaid meters since last year yet no supply of the item despite collecting money and meters are in stock.. what do you call that?
When the energy price cap for estimated billing fixed by NERC is routinely ignored and crazy bills are distributed across board, whose fault is that>
You keep highlighting the sins of customers but leave the DISCOs blameless s if they're saints.
let DISCOs meter the populace, then you'll see the improvement,
as long as you hoard the meters and share crazy bills, people will bypass the system.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by nairalanda1(m): 2:58pm On Oct 08, 2025
HenryWilliams:
and when there is damage to the transformers, wires and poles, are the customers meant to fix them?
when you arbitrarily upgrade areas to band A without commensurate increase in power supply, who pays for that?
when customers have paid for prepaid meters since last year yet no supply of the item despite collecting money.. whose fault is that?
when the energy price cap for estimated billing is routinely ignored and crazy bills are distributed across board, whose fault is that>
you keep highlighting the sins of customers but leave the DISCOs blameless s if they're saints.
The fact that the customers are paying for transformers , wires and poles, proves my point that most consumers are underpaying discos or not paying at all.

As an example...I went to a primary school back in the 80's...which was private, and we were paying N250 at one point. Nearby was a government school that was free of charge. Guess what...in the private school, it was the school that gave us desk, books, notebooks, etc. In my years in the school, it was only one time I had to buy a notebook...and that was because the usual supplier of our notebooks had some supply issues then.

The government school that was free of charge....pupils bought their books, made their desks, bought their textbooks, and notebooks.

Heck I went to a secondary school, run by government, where fees were cheap. And I had to buy my textbooks, notebooks, and make my desks and chair self.

Same issue with the discos.

Have you bought wires and generator parts for your GSM company? No...because you pay above market price for GSM products like phone calls and internet. Because most Nigerians pay below market price for power...the discos and gencos are not making enough profit to pay for transformers, wires and so forth, so you have to buy them.

If you were paying above market price, they would be making a profit to pay for these things....but in a situation where

1.60% of customers on meters bypass them
2.Large segements of consumers in rural areas underpay or do not pay for power
3.CUstomer base is reducing because people are running to solar
4.People are also stealing power...even from metered customers who pay

The resulting profit cannot do much.


If you don't get it, sorry. I am just showing you facts...you don';t have to like them
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Believeintruth: 9:36pm On Oct 08, 2025
Okoroawusa:
But my own response shows obsession okwaya?

See reasoning
Bro this gaslighting attempts is stale.
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Okoroawusa: 6:50am On Oct 09, 2025
Believeintruth:
Bro this gaslighting attempts is stale.
Oh! So I am gaslighting you but you are not gaslighting me? Odika ina ata ncha
Re: Lagos Licenses New Discos, Replaces Eko, Ikeja Electric by Believeintruth: 3:24pm On Oct 09, 2025
Okoroawusa:
Oh! So I am gaslighting you but you are not gaslighting me? Odika ina ata ncha
You are gaslighting bro
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