₦airaland Forum

Brendaniel:
You and this your one way analysis, one solution for every problem...

ttmax09:
But he his right na, why do you think investors don't want to invest in our power sector? Cos it's not profitable, South Africa wants to improve her power supply, see as investors are pouring in thier billions even all the way from India.

TechBaron:
2026

65 years after independence, Nigeria is still having this conversation.

How exactly did Togo, Benin, Mali, Burkina Faso, and Senegal which are poorer countries, figure this power issue out?

Can't we contract experts from these countries to fix our power problems?

It's shameful that I'll be arguing Nigeria's infrastructure superiority over other West African nations, yet I'm still haunted by stories of blackouts and National grid failure back home.

Iamsane:
All these dribble just to make it hard for the eventual takeover by any responsible government with zero tolerance for corruption with wicked greed.

nairalanda1:
You may as well say you don't want to have any power supply at all, even the bad one we get

ironheart:
i have solar, if they wish to not supply at all, I don't care. I only pity my neighbours who always come to charge at my place. The fact it doesn't affect me doesn't mean i shouldn't show concern to the pains of others

adams123:
L


All consumers should be metered, and technology should be deployed to monitor and identify meter bypass

Brendaniel:
Are you going to enter a bus that the driver tells to pay full money to your destination but tells you along the journey that he will have to stop and visit the mechanic to fix the engine to enable you get to your destination?

LZAA:
You sure say you dey normal so?

Brendaniel:
It's not just about the profitability, it is about the government not doing the right things in the power sector, do you think if the telecoms where handled like the power sector, they may have had foreign investors?

Secondly Nigeria economy needs to seriously improve and that still lies in the government...

Gboss247:
Takeover by a government when the government is the one killing the electricity industry in Nigeria through TCN, what a wonderful way to solve the symptoms of the problem instead of the problem itself.

nairalanda1:
Poor logic.

The better analogy would be...would you enter a bus where of all the customers the driver has had, only 20% are actial paying in full customers? And the rest don't pay or underpay, and he is keeping it together with loans which have to be paid back? And government subventions that are inadequate?

You know you lost the argument, that's why you are throwing very poor analogies here.

nairalanda1:
1.If the government handled the power sector like telecoms, everyone would be on band A, and people who do not pay for power would be permanently cut off , and there would be competition across the areas, plus...everyone would be metered.

2.Nigerian economy was bad when they brought in telecoms. People were complaining back then of being ripped off by MTN and econet, and company. Once the money poured in...because no price controls, and nothing like lack of compettion, prices came down.

If you want a communist government for Nigeria, ask for it.

Brendaniel:
Yours is the the poor logic here, you can only make this logic meaningful when NEPA can provide 24 hours light with highest tariff you are suggesting, if they fail to provide 24 light for anyone paying cost reflective price as you are suggesting then your logic is flawed.

Have you ever entered an planner at cost reflective price and midway way into the flight they tell fuel has finished and the plane is going crash because they made no plan to land somewhere and refill?

But that's the same thing with power outage, there is no plan, the light just crashes without warning, What is the assurance that power outage will be a thing of the past if we paid cost reflective prices as you suggest?

Brendaniel:
You don't live in Nigeria, but that's what they've done in some areas and they don't still have 24 hours light with your cost reflective band A...

So what is your justification?

nairalanda1:
That's why you won't have power...don't pay into it, don't get it.

(Just like your president)

ironheart:

nairalanda1:
So, if you were running a business, you will be happy if out of every 20 customers, only 2-4 paid for your service in full?

LZAA:
Smh

nairalanda1:
Nigerians no dey like to hear truth.

You live in a country where a large proportion of people underpay or refuse to pay their light bill in the name of poverty. Meanwhile, the power sector has been privatised, meaning the government has no hand in running it since 2014 (some will even argue sincew 2004). Only 20% of customers in theory pay cost reflective tarrifs...and all this translates to massive losses of potential profits...the sector made 1 trillion in one year, when in principle it needs 15 trillion naira in yearly investment alone, which is not possible because ...of the above issues with most not paying or underpaying.

And you guys will come and call me APC supporter for saying this, when it is common business sense that a company that does not make a profit cannot do well at all.

Even the corruption, ripping off customers by overcharging and estimated billing is because the circumstances mentioned above forces the companies to do it.

Mcslize:
Let's not blame the customers. They should make prepaid meter compulsory. Anyone that refuses to recharge, he or she won't have light. It's as simple as that.

But no, they are hoarding prepaid meters.

Iamsane:
Have we given up hope on ever getting a responsible government in this country?

nairalanda1:
Nigerians no dey like to hear truth.

You live in a country where a large proportion of people underpay or refuse to pay their light bill in the name of poverty. Meanwhile, the power sector has been privatised, meaning the government has no hand in running it since 2014 (some will even argue sincew 2004). Only 20% of customers in theory pay cost reflective tarrifs...and all this translates to massive losses of potential profits...the sector made 1 trillion in one year, when in principle it needs 15 trillion naira in yearly investment alone, which is not possible because ...of the above issues with most not paying or underpaying.

And you guys will come and call me APC supporter for saying this, when it is common business sense that a company that does not make a profit cannot do well at all.

Even the corruption, ripping off customers by overcharging and estimated billing is because the circumstances mentioned above forces the companies to do it.

Slimlord:
The price is not economic reflective. For a minimum wage of 70k, 209/kWh is too much