₦airaland Forum

Kelklein:
This is the real time load allocation to Discos as at this morning

Still AEDC gives us 15 - 30 minutes every day. What are they doing with the allocation for God sake..😡😡😡

DISCOS are priortising Band A people, all the rest of us have to suffer low power.

Which is, to be honest, expected. Band A pay cost reflective tarrifs, so they get more of the power. The rest of us don't.

When all of us pay cost reflective tarrifs, the power sector would work by force by fire. Because they won't have excuse not to give good power..investors would be attracted, and profits would go up.

But we no dey hear, we want cheap electricty....

nairalanda1:
So you think that government should set prices for everything, including your business.

Tried and tested in the USSR, and many other communist countries. The ones that insisted on keeping it collapsed. The ones that removed price controls in time, like Vietnam and China not only survived, but are even paying for the survival of communist countries like North Korea and Cuba.

Plus, we have tried price contorls for 50 years, and if what I was saying is trash, won't we have a working power sector?

Also, one thing the coutnries that set prices have in common is massive corruption and stealing. That's why issues always arose.

Better wake up o.

P.S : I also expected a more mature response from you.

I don't have energy for argument.
With the Iran crisis, many governments in Europe are making sure that energy consumers are not being exploited, so they don't allow them to increase the prices of fuel arbitrarily unlike Nigeria where anything goes.
Secondly, people are already paying for band A with no subsidy. Remove your subsidy and give us electricity.

maasoap:
I don't have energy for argument.

But you had energy for a response that if someone were to say it to you, you won't like it.?

If you got nothing good to say, don't say it man. You are an adult. The years of primary school are behind you.

With the Iran crisis, many governments in Europe are making sure that energy consumers are not being exploited, so they don't allow them to increase the prices of fuel arbitrarily unlike Nigeria where anything goes.

Yeah, because those countries tax the gdp heavily, also have massively diversifed economies, and don't just rely on selling minerals or agric products (even Norway that relies on oil, also has a vast industrial export base)...so they have the money to pay for such things

And even then, it does affect their debt profile.

Nigeria is a poor nation with a poor source of income, with leaders who are corrupt, which worsens the income level, no industries which export , and even our raw materials are being stolen on a massive scale by locals and foreigners....no tax paid even

And we don't even have a budget above 100 billion dollars. EVEN if we said no corruption, that's not enough.

And anytime we have tried subsides on a massive scale, it worsens our debt, and as seen in the last admin, we resort to measures like printing money massively and borrowing more.

Even tinubu self, the man had to remove subsides because we were at the end of the road financially speaking...and it was even good for him because he backed those bad economic polices that led to him being forced to remove subsidy for years...because election.

Secondly, people are already paying for band A with no subsidy. Remove your subsidy and give us electricity.

Which is what I am saying..all subsides on electricty must go, so that the sector makes even more profit and attracts sane investment. SO that we can get power fixed

Ivory coast did what we should have done in the early 1990's which is why they have better power than we do. No band A joke..everyone paid a cost reflective tarrif. And the president who implemented that was a man called Henri Bedie...who was corrupt, (that's why he lost power) and was a bigot (he thought that Ivoriens from the North were burkinabes in disguise).

nairalanda1:
But you had energy for a response that if someone were to say it to you, you won't like it.?

If you got nothing good to say, don't say it man. You are an adult. The years of primary school are behind you.


Yeah, because those countries tax the gdp heavily, also have massively diversifed economies, and don't just rely on selling minerals or agric products (even Norway that relies on oil, also has a vast industrial export base)...so they have the money to pay for such things

And even then, it does affect their debt profile.

Nigeria is a poor nation with a poor source of income, with leaders who are corrupt, which worsens the income level, no industries which export , and even our raw materials are being stolen on a massive scale by locals and foreigners....no tax paid even

And we don't even have a budget above 100 billion dollars. EVEN if we said no corruption, that's not enough.

And anytime we have tried subsides on a massive scale, it worsens our debt, and as seen in the last admin, we resort to measures like printing money massively and borrowing more.

Even tinubu self, the man had to remove subsides because we were at the end of the road financially speaking...and it was even good for him because he backed those bad economic polices that led to him being forced to remove subsidy for years...because election.




Which is what I am saying..all subsides on electricty must go, so that the sector makes even more profit and attracts sane investment. SO that we can get power fixed

Ivory coast did what we should have done in the early 1990's which is why they have better power than we do. No band A joke..everyone paid a cost reflective tarrif. And the president who implemented that was a man called Henri Bedie...who was corrupt, (that's why he lost power) and was a bigot (he thought that Ivoriens from the North were burkinabes in disguise).

One day, your eye will open and see things the way they're.
No capital budget implementation in health sector and ministry of interior throughout 2025 as revealed at hearing going on in the national assembly. Your leaders are stealing billions of naira every year and yet you're claiming that there is no money

Debroslink:
As long as people are selfish and egocentric, we will never achieve any collective and common goal.

You'll hear things like,

"I'm using solar, I don't care at all. Go and buy solar"

" I enjoy 22 hours electricity in my area. Pack out of your sapa area"

This foolish mentality of "I better pass you" is why politicians will never take Nigerians serious.

with a sprinkle of tribalism and religion...if you a corrupt politician nigeria is the best place to rule over..the people will make it easier for you that u dont have to do anything but just divide and conquer using tribe and religion

maasoap:
One day, your eye will open and see things the way they're.
No capital budget implementation in health sector and ministry of interior throughout 2025 as revealed at hearing going on in the national assembly. Your leaders are stealing billions of naira every year and yet you're claiming that there is no money

Also, in 2025, the budget baseline was 75 dollars per barrel, and for most of that year , oil never passed 70 dollars per barrel...hence the funding issues in the budget. Even at oil remaining at 75 dollars per barrel, Nigeria was to borrow 13 trillion naira AND ....then there is the debt servicing, which is still ongoing.

Note that my saying that does not mean that I beleive there is no corruption, especially as seen for example in the budget padding that happened in the budget for ministries and the national assembly. There is corruption. And stealing. That is why so many people are angry with the government for not fighting corruption (and why I am very cynical of most governments)

But the main reason was low oil prices. When your government does not diversify the economy, this is what happens.

That's why I have repeatedly said that we got to fight corruption...and diversify our economy to earn more income.

Nigeria- a country where there is no good health care, no quality education, no electricity, no water supply, no good roads, no food affordability due to insecurities, no pms affordability, no comfortable and convenient transportation, no national security, no single sector is heathy.
as a citizen, you are expected to provide all the above mentioned necessities for yourself, yet we call ourself a nation , while some zombies still claimed that we now have the best leaders, performing nicely.
a still crawling nation @ 66 years is a total disgrace to humanity and a crime against the unfortunate citizens.

Kelklein:
This is the real time load allocation to Discos as at this morning

Still AEDC gives us 15 - 30 minutes every day. What are they doing with the allocation for God sake..😡😡😡

They prioritise.They give imore of it to Band A or where they can generate revenue Though l don't know your band classification The same thing is happening to us where l live we are classified as Band B.

When one lacks a firm grasp of an issue, silence is often the wiser choice. The truth is, even those at the helm of Nigeria's power sector seem unable to fully account for what is going wrong. The standard explanation points to inadequate gas supply as the cause of persistent blackouts — yet electricity bills continue to arrive on schedule, with no corresponding reduction despite the absence of power. That contradiction alone speaks volumes.
The entire electricity value chain is overdue for a thorough audit and structural overhaul. A significant part of the problem traces back to the privatisation exercise: many of the entities that acquired power assets simply did not possess the technical competence or financial depth required to run them sustainably. The result is a sector that has been constrained from the very moment it changed hands.
What makes the situation even more absurd is that the government — the same government that divested these assets — is now stepping in to procure and distribute prepaid meters. Public funds that should be channelled toward roads, healthcare, education, and other critical infrastructure are instead being deployed to patch the failures of private operators. It is analogous to a motorist who, upon arriving at a filling station, is required to bring along his own fuel pump. The service provider has effectively transferred its own responsibility to the consumer and the state.
As for the individual who presided over this dysfunction and is now seeking the Oyo State governorship — his record speaks for itself. One can only hope that the electorate of Oyo State will exercise the discernment not to reward such a spectacular record of failure with further public office.

walexbiz:
When one lacks a firm grasp of an issue, silence is often the wiser choice. The truth is, even those at the helm of Nigeria's power sector seem unable to fully account for what is going wrong. The standard explanation points to inadequate gas supply as the cause of persistent blackouts — yet electricity bills continue to arrive on schedule, with no corresponding reduction despite the absence of power. That contradiction alone speaks volumes.
The entire electricity value chain is overdue for a thorough audit and structural overhaul. A significant part of the problem traces back to the privatisation exercise: many of the entities that acquired power assets simply did not possess the technical competence or financial depth required to run them sustainably. The result is a sector that has been constrained from the very moment it changed hands.
What makes the situation even more absurd is that the government — the same government that divested these assets — is now stepping in to procure and distribute prepaid meters. Public funds that should be channelled toward roads, healthcare, education, and other critical infrastructure are instead being deployed to patch the failures of private operators. It is analogous to a motorist who, upon arriving at a filling station, is required to bring along his own fuel pump. The service provider has effectively transferred its own responsibility to the consumer and the state.
As for the individual who presided over this dysfunction and is now seeking the Oyo State governorship — his record speaks for itself. One can only hope that the electorate of Oyo State will exercise the discernment not to reward such a spectacular record of failure with further public office.

The problem arises from a lack of a cost reflective tarrif...which causes all the other problems you have listed here.

Nothing wrong with the investors (AEDC investor was a reputable company even, for example, and a foreign company self)...once government sets prices, issues will result.

LIke the metering issue. SInce discos are subject to price controls, their profits as it were are not enough to pay for metering, so the government had to step in...to fix its mess by paying for meters...but as you know, the cost of doing that is high, even for gofment...so metering is not universal.

Speaking with The Nation on the phone, ECPAC Executive Director, Chief Princewill Okorie, lamented the worsening crisis in the Nigerian Electricity Supply Industry (NESI).

He described the challenges in the sector as multifaceted, alleging that the distribution companies were structured to exploit consumers.

Simple and short
Brigands masquerading as power companies

Brendaniel:
That means the grid has collapsed again and we have a president who is more focused on building, coastal road of over 15 trillion and taking loan of over 400 million dollars to build port in order to resurrect the dying British steel company when his own power industry keeps collapsing under his watch.

Talk about a master of misplaced priority.

That steel plane is Russian and not british.

nairalanda1:
The problem arises from a lack of a cost reflective tarrif...which causes all the other problems you have listed here.

Nothing wrong with the investors (AEDC investor was a reputable company even, for example, and a foreign company self)...once government sets prices, issues will result.

LIke the metering issue. SInce discos are subject to price controls, their profits as it were are not enough to pay for metering, so the government had to step in...to fix its mess by paying for meters...but as you know, the cost of doing that is high, even for gofment...so metering is not universal.

Cost reflective tarrifs is just an excuse for failure. There are band A users who bought transformers themselves, bought poles, wires, meters, and still pay distribution companies staffs to install these things, yet they still pay cost reflective tarrifs, what do you have to say about that? Do you think if these distribution companies invest in their infrastructures more people won't pay cost reflective tarrifs?

fxexperts:
That steel plane is Russian and not british.

not steel plane, Bristish steel company...

Typicool8:
The fact that the nation is in darkness yet the citizens are quiet shows the level of docility of Nigerian.... meanwhile, Nigeria is a failed nation already.

..if it's many other countries their citizens would had gone out to protest..but Nigeria just suffer and smile

These are the results of voting an incompetent president into power..it's a pity

Jakarta:
Cost reflective tarrifs is just an excuse for failure.

Actually it is a sign of failure not to impose cost reflective tarrifs. Government has been refusing to do so for over 50 years, and the power sector is not working as a result.
Ghana and Ivory coast implemented cost reflective tarrifs decades ago, and they have light in abundance.
Any country that brings in price controls and refuses to bring in cost reflective tarrifs...it always ends in more debt, even if they are successful in bringing it about, and eventually they have to remove it.
When one brings in a cost reflective tarrif...subsides paid are paid from money that would have been used for other sectors of the economy. Guess how that money would be replaced?

There are band A users who bought transformers themselves, bought poles, wires, meters, and still pay distribution companies staffs to install these things, yet they still pay cost reflective tarrifs, what do you have to say about that? Do you think if these distribution companies invest in their infrastructures more people won't pay cost reflective tarrifs?

Very easily answered

Band A customers form 20% of total consumers...meaning one in five nigerians pay cost reflective tarrifs. That means that in theory, only 20% of consumers pay enough to make a profit per consumer, but the remaining 80% don't...so any profit made from the 20% is cancelled out by the 80% that don't pay cost reflective tarrifs

It's like you owning a business selling bread. To make a profit you sell a loaf for N1500...YET ..only 20% of your customers pay that price, the rest pay N700 or less. Would your business make a profit if only 20% are paying the actual price you need to make a profit? No way.

Meanwhile, in the GSM sector...100% of customers pay cost reflective tarrifs (yeah, we know cheats used to exist, but the GSM companies eventually collected the money back from the cheaters in full...) . I doubt you have bought a generator, diesel or antenna for MTN or airtel or glo in your life.

The Minister of power is just there talking rubbish and what has Tinubu's travel to UK has to do with the power issues that his travel is yielding results in terms of investment. You see, if not by rigging next year general elections by Tinubu and his aids, he doesn't deserved 2nd term but we kw he will rig the elections.

Too bad, too sad. Inefficiency has become a norm.

Brendaniel:
not steel plane, Bristish steel company...

Yes i mean the steel company was built by Russia and not the British.

fxexperts:
Yes i mean the steel company was built by Russia and not the British.

Which steel company do you think I am talking about?

Ofunaofu:
As the election approaches, every voter should ask: Did Bola Ahmed Tinubu deliver constant electricity? If the answer is no, then no vote for him. After all, he said it himself: “If I fail to provide constant electricity, Nigerians shouldn’t vote for me when I return for a second term.”

did Emilokan tell you he needs your inconsequential votes to win elections?
He will still rig.

Typicool8:
The fact that the nation is in darkness yet the citizens are quiet shows the level of docility of Nigerian.... meanwhile, Nigeria is a failed nation already.

the citizens are quiet because Nigerians have the spirit of adapting to worse conditions.
Just imagine the rich men in my area have all gotten solar panels leaving the broke masses to suffer

nairalanda1:
Yo, it's your boi Nairalanda 1 here again, to annoy those people who think that you can get electricity free of charge, and who think that by presenting their APC Membership card at the shops, they will get everything for free.

Right.

Nigeria as a nation has been underpaying its power sector for years. First during the time of NEPA, when many people did illegal connection, and also bypassed their meters...plus the government imposing price controls and not paying enough to offsett losses...and then when privatizaiton came....the then government passed a law that essentially prevented the businesses from setting their prices...in order to help the poor.

Well, you know what they say about good intentions.

Today, the power sector owes trillions of naira in debt to the gas companies...due to a combination of the following

1. Government is not paying enough subsides, because oil revenue has been bad for years, corruption, and because subsides don't cover losses from the power sector, unless you want to tell me that prices of stuff never change for decades.

2. People not paying their bills (now at 20%), people paying the subsidsied bills (aka underpayment) and people underpaying...even with subsidised bills in place. Less than 20% of consumers pay for the power at cost reflective tarrifs

So, my people, what do you expect.

Once you bring in comsumption subsides, corruption and inefficency ALWAYS follows. Meanwhile, as examplified by the GSM sector, that has been allowed to set prices for itself, albeit with some government control, but not to the point where they cannot even pay staff salaries....if you let a company make profits...it will grow. We went from zero home internet in 2003...to home internet nearly everywhere in 2023, because it makes sense to invest in telecoms.


Also, the reason why you have foods in the market and shops is because government is not setting prices of the foodstuff you buy. Last time they tried to do it....it led to queues, and scarcity. Until it was ended , and then food appeared on the shelf.


Anyone quoting me to call me agbado....is either saying that government is right to control prices, or that Peter Obi will control prices of any business when he takes over...and you know how it ends.

When you prevent a business from making money, there would be hell to pay. Literally and figuratively.



So, tell me, would you invest in a business where only 20% of consumers are paying, and where consumers beat up and threaten company workers who come to disconnect them for NOT PAYING?

You can all abuse me now. I don't care anymore. Nigerians cannot see .

You are spot on! Unfortunately this post only makes sense to the literate and economically sound. Unfortunately again, that is only like 10% of Nigerians!!

nairalanda1:
Band A customers form 20% of total consumers...meaning one in five nigerians pay cost reflective tarrifs. That means that in theory, only 20% of consumers pay enough to make a profit per consumer, but the remaining 80% don't...so any profit made from the 20% is cancelled out by the 80% that don't pay cost reflective tarrifs

It's like you owning a business selling bread. To make a profit you sell a loaf for N1500...YET ..only 20% of your customers pay that price, the rest pay N700 or less. Would your business make a profit if only 20% are paying the actual price you need to make a profit? No way.

That not business man like on your part I must say. What happens to focusing more on customers that are buying my loaf at #1500?
Why not try to lure those paying ₦700 for my bread to increase their pay to ₦1500 or better still make a lower quality bread for them thereby cutting my cost of production? Madigan/Akpu biscuit vs bread a perfect example

Band C,D,E already experiencing the lower version with erratic power supply.

Don't you think with time if those paying 1500 find out that others are paying 700 for same bread, they themselves will resort to paying 700 too, how then will such a business survive?

In my street we bought everything from transformer to meter. For 2 months now, we are not paying light bills even though our meters are reading, fortunately for us we are using post paid meters which doesn't need units to function.

It will remain like so until the money spent on on performing the duties of BEDC is recovered. Let them take us to court we are fully prepared, Dem no born any BEDC staffs well to go close to our transformer to disconnect it.

nairalanda1:
The problem arises from a lack of a cost reflective tarrif...which causes all the other problems you have listed here.

Nothing wrong with the investors (AEDC investor was a reputable company even, for example, and a foreign company self)...once government sets prices, issues will result.

LIke the metering issue. SInce discos are subject to price controls, their profits as it were are not enough to pay for metering, so the government had to step in...to fix its mess by paying for meters...but as you know, the cost of doing that is high, even for gofment...so metering is not universal.

Nigerians love conspiracy theories and beer parlour gist. We like that statement that " the DISCOS were sold to cronies". Which is actually far from the truth.

Like you mentioned about AEDC, Ikeja Discos is owned by the same guy who owns Sahara Energy. That one na small boy?

Benin Disco was orginally bought by Vigeo Group, owned by Victor Osibodu. The wife Funke Osibodu was a fomer MD of CitiBank Nigeria, MBC International Bank and Eco Bank Nigeria. That one na small family? Benis Disco crashed and was taken over by AMCON because it just was not PROFITABLE!!

We like to dig our head in the sand in this country!!

Jakarta:
That not business man like on your part I must say. What happens to focusing more on customers that are buying my loaf at #1500?
Why not try to lure those paying ₦700 for my bread to increase their pay to ₦1500 or better still make a lower quality bread for them thereby cutting my cost of production? Madigan/Akpu biscuit vs bread a perfect example

In other words, you want them to pay a cost reflective tarrif, either you make them pay N1500 for the N1500 Loaf, or you make them pay N700 for the lower quality loaf that costs that much.

SImple and short

But then again, at the end of the day, everyone is paying a cost reflective tarrif.

Band C,D,E already experiencing the lower version with erratic power supply.

Don't you think with time if those paying 1500 find out that others are paying 700 for same bread, they themselves will resort to paying 700 too, how then will such a business survive?

Precisely. The problem with electricity is whether na Band A or Band E, the cost of producing one kwh of power is N200 and above. Unlike my loaf example, there is no such thing as lower quality of electricity and higher quality of electricity (note that I am not referring to supply..but to the product itself). So, either all consumers pay above N200 or we forget about power.

FOr GSM, we all paid the same high prices, even when service was bad in most places (pre-2006, service was bad in the cities, even worse in the villages..)...and that meant enough profit to pay for the improved telecoms service you have today. Compared to 1988 when to make international calls, unless you were very rich, ye had to go to a phone exchange

In my street we bought everything from transformer to meter. For 2 months now, we are not paying light bills even though our meters are reading, fortunately for us we are using post paid meters which doesn't need units to function.

Yes, because of my previous analogy. DIscos are making profit from one out of five consumers, and they lose money from the rest. It's so bad that they are even sacking workers to make ends meet...so they can';t afford anything including bringing meters. GENCOS are even worse...they sometimes literally don't have much left after they drop something for the gas suppliers and producers.

Like I said, did you buy antenna for GSM companies? You get my point now.

It will remain like so until the money spent on on performing the duties of BEDC is recovered. Let them take us to court we are fully prepared, Dem no born any BEDC staffs well to go close to our transformer to disconnect it.

LOL, if you go to court, you will get the explanation I have just given you

Nothing is free. I went to a private school, despite living next to a government school that charged very cheap fees, almost free of charge. At one point the fees at the private school were five times that of the government school (lol..my parents were not rich, na side hustle dem dey do to pay those fees). Yet at the private school , I did not have to buy books or textbooks or make desk and chair. All the kids at the government school had to do that.

Better accept reality. COst reflective tarrifs na the way.

nairalanda1:
In other words, you want them to pay a cost reflective tarrif, either you make them pay N1500 for the N1500 Loaf, or you make them pay N700 for the lower quality loaf that costs that much.

SImple and short

But then again, at the end of the day, everyone is paying a cost reflective tarrif.



Precisely. The problem with electricity is whether na Band A or Band E, the cost of producing one kwh of power is N200 and above. Unlike my loaf example, there is no such thing as lower quality of electricity and higher quality of electricity (note that I am not referring to supply..but to the product itself). So, either all consumers pay above N200 or we forget about power.

FOr GSM, we all paid the same high prices, even when service was bad in most places (pre-2006, service was bad in the cities, even worse in the villages..)...and that meant enough profit to pay for the improved telecoms service you have today. Compared to 1988 when to make international calls, unless you were very rich, ye had to go to a phone exchange



Yes, because of my previous analogy. DIscos are making profit from one out of five consumers, and they lose money from the rest. It's so bad that they are even sacking workers to make ends meet...so they can';t afford anything including bringing meters. GENCOS are even worse...they sometimes literally don't have much left after they drop something for the gas suppliers and producers.

Like I said, did you buy antenna for GSM companies? You get my point now.


LOL, if you go to court, you will get the explanation I have just given you

Nothing is free. I went to a private school, despite living next to a government school that charged very cheap fees, almost free of charge. At one point the fees at the private school were five times that of the government school (lol..my parents were not rich, na side hustle dem dey do to pay those fees). Yet at the private school , I did not have to buy books or textbooks or make desk and chair. All the kids at the government school had to do that.

Better accept reality. COst reflective tarrifs na the way.

Can you calmly read what you wrote? Nothing is free but you want to collect cost reflective tariffs from areas where you did not sow a penny. Of what use are u as a distribution company if you can't provide measures for adequate distribution of the electricity you are being supplied?

If you feel you don't have money to invest in infrastructure to sustain your business, it is better you quit, instead of stealing from customers and crying fowl, because the the customers will in turn steal heavily from you.

See you changing goal post you don jump from bread go school. You are ready to collect cost reflective tariffs, but don't want to provide cost reflective service, no be juju be that?

Does the duty of providing poles, transformers, wires, metres rest on customers or distribution companies? When your parents enrolled you in a private school were they responsible for sourcing and providing teachers for the school even after paying your school fees?

Given my estimate we won't be paying electricity bills for the next 7 - 9 months. You can't dump your responsibility on others and cry for cost reflective tariffs. You reap where you sow it is as simple as that.

The success in the telecom sector in Nigeria today was fuelled by innovation, competition , and heavy investing by telecom companies, not sitting and crying all day that the reason we are failing is because our customers are not paying this or that tariffs. Not surprised though because there will always be excuses for failure.

Kelklein:
This is the real time load allocation to Discos as at this morning

Still AEDC gives us 15 - 30 minutes every day. What are they doing with the allocation for God sake..😡😡😡

See that amount of electricity giant of Africa is distributing for 220m people. Ordinary 2660mw

nairalanda1:
Yo, it's your boi Nairalanda 1 here again, to annoy those people who think that you can get electricity free of charge, and who think that by presenting their APC Membership card at the shops, they will get everything for free.

Right.

Nigeria as a nation has been underpaying its power sector for years. First during the time of NEPA, when many people did illegal connection, and also bypassed their meters...plus the government imposing price controls and not paying enough to offsett losses...and then when privatizaiton came....the then government passed a law that essentially prevented the businesses from setting their prices...in order to help the poor.

Well, you know what they say about good intentions.

Today, the power sector owes trillions of naira in debt to the gas companies...due to a combination of the following

1. Government is not paying enough subsides, because oil revenue has been bad for years, corruption, and because subsides don't cover losses from the power sector, unless you want to tell me that prices of stuff never change for decades.

2. People not paying their bills (now at 20%), people paying the subsidsied bills (aka underpayment) and people underpaying...even with subsidised bills in place. Less than 20% of consumers pay for the power at cost reflective tarrifs

So, my people, what do you expect.

Once you bring in comsumption subsides, corruption and inefficency ALWAYS follows. Meanwhile, as examplified by the GSM sector, that has been allowed to set prices for itself, albeit with some government control, but not to the point where they cannot even pay staff salaries....if you let a company make profits...it will grow. We went from zero home internet in 2003...to home internet nearly everywhere in 2023, because it makes sense to invest in telecoms.


Also, the reason why you have foods in the market and shops is because government is not setting prices of the foodstuff you buy. Last time they tried to do it....it led to queues, and scarcity. Until it was ended , and then food appeared on the shelf.


Anyone quoting me to call me agbado....is either saying that government is right to control prices, or that Peter Obi will control prices of any business when he takes over...and you know how it ends.

When you prevent a business from making money, there would be hell to pay. Literally and figuratively.



So, tell me, would you invest in a business where only 20% of consumers are paying, and where consumers beat up and threaten company workers who come to disconnect them for NOT PAYING?

You can all abuse me now. I don't care anymore. Nigerians cannot see .

What are you saying.
Are Nigerians not paying the commercial price of gasoline despite all the initial resistance to subsidy removal.
Are Nigerians not paying the crisis price of gasoline because of the MidEast war.

Please don't hide behind Nigerians. The people have ALWAYS payed their bills when compelled to. It is the people that have continued to pay a heavy toll for government corruption, mismanagement and inefficiency. Was it not government and it's lackeys that stole trillions from subsidy payments. Now who is paying to reconstruct government finances, the people.

It is the government that set the electricity rate, it is government that split the billing systems into bands to promote efficiency they claim, and it is the government that is the heaviest debtor to the power companies.

So please share your stories in the right corridors. But if government thinks the common man will pay for the electricity it consumes in its own offices, government accomodations, courts, police stations, barracks, stadia, hospitals, schools, All of which constitute the bulk of debts owed the power companies, after crazy budgeting and taxing the people to death, then it is in for a long thing.

When people are fed up of an inept government, they will simply throw them out.

Jakarta:
Can you calmly read what you wrote? Nothing is free but you want to collect cost reflective tariffs from areas where you did not sow a penny. Of what use are u as a distribution company if you can't provide measures for adequate distribution of the electricity you are being supplied?

If you feel you don't have money to invest in infrastructure to sustain your business, it is better you quit, instead of stealing from customers and crying fowl, because the the customers will in turn steal heavily from you.

See you changing goal post you don jump from bread go school. You are ready to collect cost reflective tariffs, but don't want to provide cost reflective service, no be juju be that?

Does the duty of providing poles, transformers, wires, metres rest on customers or distribution companies? When your parents enrolled you in a private school were they responsible for sourcing and providing teachers for the school even after paying your school fees?

Given my estimate we won't be paying electricity bills for the next 7 - 9 months. You can't dump your responsibility on others and cry for cost reflective tariffs. You reap where you sow it is as simple as that.

The success in the telecom sector in Nigeria today was fuelled by innovation, competition , and heavy investing by telecom companies, not sitting and crying all day that the reason we are failing is because our customers are not paying this or that tariffs. Not surprised though because there will always be excuses for failure.

Oga, all this is long grammar.
The fact is that Nigerians, the average man on the streets pay for what they use one way or the other when they are confronted and coerced.

I have seen people steal electricity in all sorts of ways but at the end when confronted they pay. That is the worst a common man can do. The government raises rates five times in four years, the country did not burn, people are paying.

So to blame the disaster of power on the common man is just being disingenuous. The people who are not paying are well known to everybody. They are the people these power companies cannot confront because of the kind of vested interests that has not been able to name one single fuel subsidy thief for twenty years despite trillions stolen.

So that man had better cry to the right mummy and leave the people alone. We pay our bills. As a matter of fact Nigerians are the most docile people on earth. We take to much ish from these kind of people. Can't try all these in other countries.