₦airaland Forum

dequir:
Don't mind nairalanda1. His mantra is increase tax, increase tarrifs always. He has nothing else to advocate to improve the lot of the poor masses that inhabit the country.

Where will the miserable and mostly unemployed citizens get the money to pay his beloved taxes and tariffs, and where are the saints who will judiciously manage the contributed money in a country filled with criminal treasury managers? He never consider that.

As in ehhh, all his own is how to make more money for the government yet keeps making excuses for their incompetence and failures.
He is becoming becoming becoming annoying with this his mantra.

Gentlelife50:
As in ehhh, all his own is how to make more money for the government

1, The power sector is not owned by government
2.I am suggesting ways for the power sector to make the kind of money that they need to give you good service.

yet keeps making excuses for their incompetence and failures.

Saying that the government maintains price controls on the power sector , thus preventing them from making a profit , is not a ringing endorsement of the government either.
A lot of communist countries used to do what tinubu is doing...set prices for their food, electricity and so forth. Result was scarcity, failures and eventual collapse of the country.
Seems you want Nigeria to collapse into economic anarchy because you want everything free of charge....and you also want the government to set the prices of your business so that the poor can breathe.

He is becoming becoming becoming annoying with this his mantra.

Well, as some wise old gat once said, you can let the birds fly over your head, but you can prevent them from building a nest in your head. The choice is up to you, sonny.

Cost reflective tarrifs.

GeneralOuki:
what's the name of your estate

Lol.

I should describe my location on public forum like nairaland?

Please tell me you are joking.

nairalanda1:
Here is the thing, we can sack tinubu himself, (as I wish we do), replace him with Obi, we can even make Nnaji power minister (something I dream of), and heck, we can even appoint Trump as president of Nigeria, or bring Khamenei of Iran as leader of Nigeria....and we...will...still...have...blackouts and no light.

The problem with power supply is not who is ministar, but how much we pay into the system for it to work. Nigerians, for the most part do not pay enough into the power system to make it work. Unlike the GSM sector where you have to pay whatever price MTN or Airtel sets before you use their network, NIgerians do not pay enough into the power sector due to a lack of cost reflective tarrifs in the power sector.

It is this lack of a cost reflective tarrif that is causing most of the problems in the power sector. Because of that, the sector is losing money...to the point that for over 12 years they haven';t been able to pay the gas companies their money, which is why the gas companies are not giving them gas for the thermal stations . They want their money...and it is only fair for them to ask for their money. Government subsides are inadequate and not paid regularly because until last month, oil prices have been too low to sustain them, and even the recent plan by government to pay subsides via bonds just means that it would take several months for power to come back (and the two weeks story is just, as a nairalander pointed out..the power minister hoping the rain will save his job..lol).

Lack of a cost reflective tarrif is why several investors have pulled out of managing the discos because they are not making a profit, and it is why many of the discos resort to ripoffs like estimated billing and overbilling to survive, and why many discos are sacking workers, and many gencos are within one month away from financially collapsing.

Yet many NIgerians seem to think that adovocating that a company should HAVE THE RIGHT TO SET ITS PRICES...means that you support tinubu.

The principle of a company or business setting its prices is basic economics, yet stating the obvious means you are a tinubu supporter. The same tinubu that is doing the direct opposite by maintaing the price controls on the sector.


The fact is the power we get is what we pay for. We paid high prices the GSM set, and we now have a better telecoms and internet sector than we did 23 years ago. We bypass meters, steal power, and as a result we get bad power, unless you are a band A person.


We are getting the power we paid for, and it is because we are a poor nation, who uses our poverty as an excuse to avoid making hard choices that should be made. And since the government comes from the people, the government takes loans to keep on not making the hard choices that need to be made.


If you are calling someone a tinubu supporter because they believe in the free market and in prices being set by the people who own their busines.s..then that means that you support the government setting the price of your own businesses to help the poor. No other way about it.


We better pay cost reflective tarrifs, or we forget about 24 hours light. Ivory coast learned that lesson in 1993, and they got better light than we do.

Are you not tired of saying all these fine theories , when you know it cant work in Nigeria?

Ordinary fuel deregulation that BAT did , most people already hate him and are crying things are hard , you now want full deregulation of power sector , there will be war !

The problem with Nigeria is each government failed to do what they should have done during their tenure due to vested interests, obj and Tinubu are the only ones who have attempted significant reforms that will revamp Nigeria,
Yar' adua came and reversed the sale of refinery
Gej did half hearted power sector privatisation and even sacked barth for trying to correct it .

Buhari didn't even bother to do any reforms he just took loans to keep Nigerians ajd vested interests happy .

Tinubu alone knew why he is keeping Adelabu...because they both think alike and have nothing to offer Nigerians!

benardtotti:
Are you not tired of saying all these fine theories , when you know it cant work in Nigeria?

Ordinary fuel deregulation that BAT did , most people already hate him and are crying things are hard , you now want full deregulation of power sector , there will be war !

The problem with Nigeria is each government failed to do what they should have done during their tenure due to vested interests, obj and Tinubu are the only ones who have attempted significant reforms that will revamp Nigeria,
Yar' adua came and reversed the sale of refinery
Gej did half hearted power sector privatisation and even sacked barth for trying to correct it .

Buhari didn't even bother to do any reforms he just took loans to keep Nigerians ajd vested interests happy .

So you want us to take more loans to pay for improvements in the power sector

Thankfully Obasanjo didn't have that idea about GSM sector.

Cost reflective tarrifs

nairalanda1:
So you want us to take more loans to pay for improvements in the power sector

Thankfully Obasanjo didn't have that idea about GSM sector.

Cost reflective tarrifs

Tinubu will deregulate fully but only after outstanding bills have been paid , read the article again he has already setup an spv GAMCO to sustain the coming reform.

benardtotti:
Tinubu will deregulate fully but only after outstanding bills have been paid , read the article again he has already setup an spv GAMCO to sustain the coming reform.

Why can't he do it now?

That's why I don't like your party and your leadership. It doesn't make decisions that would leave a legacy, it makes decisions that would guarantee elections.

Let the government deregulate now, and also outstanding bills can be settled at the same time. Or must we wait until financal crisis forces a deregulation on us, like for fuel?

nairalanda1:
He is not laughing at you, and he is also right.

Band A users pay a cost reflective tarrif, that is very expensive (there are Band A users that gripe on this site about their power expenses)...and in the time of gas shortages...the discos priortise them over others.

That is because, again, they pay a cost reflective tarrif. Majority of Nigerians do not pay a cost reflective tarrif, and that's why the power sector is running at chronic losses and has not had money, enough money, to pay the gas companies since 2013. Government subsides that were at best supposed to pay part of the gas money have been irregular and for a while haven't been paid.

Had there been cost reflective tarrifs since 2014, even since 1993, or earlier, by now we all would be on band A level service.

what i am trying to say is even in some states band A users are getting 0hrs of light because the Discos there are not being given light to distribute, this isnt because they are owing alone but because less electricity is being generated. This isn't a time to brag about who has light and who doesn't but to raise awareness that as a country continous effort should be put by the government to increase the state of electricity.

chinex11:
what i am trying to say is even in some states band A users are getting 0hrs of light because the Discos there are not being given light to distribute, this isnt because they are owing alone but because less electricity is being generated. This isn't a time to brag about who has light and who doesn't but to raise awareness that as a country continous effort should be put by the government to increase the state of electricity.

Yes, and less electricity is being generated because the sector , due to lack of cost reflective tarrifs, loses money and has been losing money for decades, even before privatisation.

Things have reached critical mass because the gas companies are owed a lot of money. And even if government pays off their share of thedebt it won't fix much of anything.

Richtaiwo:
I merely shared my personal experience regarding the power situation. How you managed to twist that into some sort of “I’m better than my neighbour” mindset is honestly beyond me, and quite a stretch, even by your standards.

i have no issue with you sharing your experience but you making it feel like others who don't have electricity currently is at fault is where i draw the line.

Richtaiwo:
From my understanding, if you are not indebted to the DisCos, you are unlikely to experience significant power issues. In my estate, electricity is available almost 24 hours a day, which makes it difficult for me to relate to the frequent complaints about power supply.

Even during a national grid collapse, the only noticeable impact in my estate is a slight reduction in daytime supply, we still have uninterrupted electricity throughout the night.

Which area is that and are you guys in prepaid? Is it Liasu area at Synagogue church?
I also find it incredible you guys have light during a national grid collapse. As how na?

Richtaiwo:
Lol.

I should describe my location on public forum like nairaland?

Please tell me you are joking.

all I asked was the name of the estate, not your particular address or building description.

GeneralOuki:
all I asked was the name of the estate, not your particular address or building description.

Name of the estate.

Not the particular address

What's the difference?

Richtaiwo:
Name of the estate.

Not the particular address

What's the difference?

dodging simple question because you know your lies would be exposed.

nairalanda1:
Yes, because discos have been losing a lot of money...because you want them to charge N70 for something that cost N210 to produce...a kwh of power. Some Nigerians want it free of charge.

And this is encouraged by government laws.

The result is no profits, and as a result, the discos cannot work well at all. Thus some band A areas have no light.

Even at full strength, the discos cannot give everyone good power.

It would cost N15 trillon annually over the next 5-10 years to fix things. The first step to getting that money is to pay a cost reflective tarrif, so that business people and banks would be ready to pay most of the financing because now there is a chance of ROI



I'm not praising anyone, just pointing out that government policy of price controls in the power sector is why you don't have light.

It's been done everywhere...either there would be power supply issues with price controls, OR...there would be consistent light at the cost of a debt that would make Nigeria's look like chicken feed.





Not 5k, but the amount of money that would enable discos meet their obligations to you, their staff, their investors, their banks and also enable them pay for improvements and expansion and even pay for the gas.

Following the way you prefer is why discos are now in so much debt that they can't give you light, because the gas companies are tired of not being paid.

You guys want free electricity. It's not possible.


Meanhile when a GSM antenna gets issue, the GSM company fixes it themselves...because in order to use a phone you pay a cost reflective tarrif.

The reason why you buy poles for your power company is because you don'tpay your disco a cost reflective tarrif

You are a staff and part of the corruption so am not surprise.

See the daylight robbery from the pic I attached. I weep for Nigerians.

GeneralOuki:
dodging simple question because you know your lies would be exposed.

Certainly, you should know you can't make me disclose my residence. You can never get my personal information.

Try harder, even with blackmail, it won't work.

You are free to say I'm lying, that's your business.

Ray07:
You are a staff and part of the corruption so am not surprise.

If I worked for the discos, then your name must be Meaghan Markle Mountbatten-WIndsor.

See the daylight robbery from the pic I attached. I weep for Nigerians.

Yep, daylight robbery which happens because...lack of cost refelctive tarrifs.

Like I said, discos are losing money. When they are forced to lose money because of government laws preventing them from charging a cost reflective tarrif via legal means , they will resort to illegal means to make money

Happens every time there is price controls in place.

In most former communist countries, food prices were set by the state. The result was chronic food shortages, and long queues at shops, and empty shelves. Meanwhile, in the black market, the same foods were there in abundance, at illicit high prices.

If you were selling bread at say N2000 a loaf, which would be enough to give you a living, and the government came and forced you to sell it at N200 per loaf, how would you survive? You will sell the bread illegally on the black market at inflated prices.

Same thing in the power sector. They make a profit by ripping off consumers because the government is forcing them to charge loss making prices, then add power theft. (which is why you should not clap for people who chase disco workers away...they are part of the problem).