₦airaland Forum

Bosman17:
How can they pay, when 98% of income was used to service debt. We were borrowing to pay salaries.

Unfortunately, the monies given to the governors are not being properly utilised, otherwise things should have tremendously improved!

why will they use the money wisely, while Tinubu gave them in form of bribe

Bosman17:
How can they pay, when 98% of income was used to service debt. We were borrowing to pay salaries.

Unfortunately, the monies given to the governors are not being properly utilised, otherwise things should have tremendously improved!

why will they use the money wisely, while Tinubu increased the allocation in form of bribe

1sttruth:
Pls oo Where is "Mannaquigrills" ?
Just want to know because those years ehh his support for the then government was extra ordinary ...

Hunger wan kpai

Gradually, we will get there, as a lover of Nigeria.

Peter Obi the only Opposition!

grandstar:
If the Gencos are truly being underpaid by the government, this is unfair.

They are being forced to carry the weight of electricity subsidies and thr indebttedness of large amount of monies owed by gocernment instittuitions.

It is time the subsidies ends, all government bodies perhaps move to prepaid if it possible. I dont know the global best practixes in that regards.

I agree with bolded. If they can't agree on the figure, they should get KPMG or some other independent body to do the audit and arbitrate on the matter.

Etila:
So dem dey listen to criticism...why wasting such money to offset debt when we can overhaul the entire power sector with such money.

If they didn't owe them in the First place, perhaps this money could have been used for overhauling

adenigga:
Reacting to the plan to offset the N3.3 trillion debt, Chief Officer of APGC, Dr. Joy Ogaji, asked, “Is verification unilateral in a bilateral agreement?”

^^^

Rayjnr:
There is a correlation between electricity improvement and development of any nation, which nation develops without standard electricity?,
This man doesn't seem to be patriotic and passionate enough about this country s development.

Wetin he suppose do again wey he no dey do?

Do you even know that power Generation, Transmission and Distribution has been decentralise?

naijanaso:
If this is been owed for over a decade as the news said, then this APGC guy should go and rest. Has he forgotten there is something called BAD DEBT? They are part of the problem we have in the Nigerian power sector. We just keep funding them with payments without them generating anything for us.

Then what happened to GENCOs they owe billions.......should they commit suicide??

PrinceOfLagos:
So if Peter Obi didn't criticize this useless president, He no for pay his debt to the electricity company?

Tinubu shivers when Peter Obi criticizes him and I pray that Mr Peter Obi continues to criticize him .

Bro, this issue has been ongoing since last year, it's not because of Obi's criticism.

The verification just ended and they have signed agreement with some of the companies even before Obi criticised the government.


Some of the companies have gotten paid over 200b before Obi criticised the government on power supply issue

HHHHMMMM.
THIS IS ONE OF THE REASON WHY I DISLIKE PRIVATIZATION OF GOVERNMENT PROPERTIES FOR PIECE OF BREAD.
IF GENCOS WAS NOT PRIVATIZED, ALL THESE CASHOUT WILL NOT BE CELEBRATED BY THE THIEVES.
YOU PRIVATIZED BUT STILL USING GOVERNMENT MONEY TO SUPPORT THE THIEVES.
[color=#990000][/color]

adenigga:
Source: https://dailypost.ng/2026/04/05/power-crisis-gencos-kick-as-tinubu-approves-n3-3tn-to-clear-legacy-debt

Nigerians too funny so now peter obi name here now pain you people more than the darkness pass! Funny people.

[quote author=adenigga post=139006138]Source: https://-debt[/e]

Another estimated billing by PHCN to federal government despite the non availability of constant Electricity.

Gencos kick keh.....
After offering years of darkness for cash...
Be like people and staff of Gencos are mad
As in very madddddddd
3.3trillions......??
For what exactly

grandstar:
If the Gencos are truly being underpaid by the government, this is unfair.

They are being forced to carry the weight of electricity subsidies and thr indebttedness of large amount of monies owed by gocernment instittuitions.

It is time the subsidies ends, all government bodies perhaps move to prepaid if it possible. I dont know the global best practixes in that regards.

They are not underpaid

If nah you wey dey run one of the Gencos, shey you go agree to be underpaid?

A verification was made, government showed them evidence of what they truly generated and what they transmitted to the DISCOs

Stanna2025:
Audio. That money released if at all will be looted by criminals serving under him. This government has nothing to offer and has no partway towards reelection

Tell me one present serving minister that's a thief like Stella Odua

adenigga:
Source: https://dailypost.ng/2026/04/05/power-crisis-gencos-kick-as-tinubu-approves-n3-3tn-to-clear-legacy-debt

Is this writeup really from Daily Post or from a blogger?
Can a trained journalist write some crap like this?
Don't they have NUJ again? I think people should sanitize the journalism field. It's getting worse daily.
Tinubu Government has released funds more than one to the gencos or other groups in the power sector but Daily Post is making it sound as if the president did it due to Obi's ranting.
This is low. Very low.

Parachoko:
Wetin he suppose do again wey he no dey do?

Do you even know that power Generation, Transmission and Distribution has been decentralise?

Stop making excuse for someone that has both the yam and knife,
Didn't he campaign to fix it?,
Is it rocket science?
Why do we keep making excuse for these corrupt leaders?

DeLaRue:
These huge debts accumulated over the past years.

I don't know why the previous government was not paying down these debts despite printing N20 trillion naira.

The privatisation of the power assets has not delivered any noticeable positive results.

Hope you know a that it was Tinubu that encouraged Buhari( may his unfortunate soul not find rest) to print money even when the former Edo state governor spoke against it?

Rayjnr:
Stop making excuse for someone that has both the yam and knife,
Didn't he campaign to fix it?,
Is it rocket science?
Why do we keep making excuse for these corrupt leaders?

What's he not doing that he's suppose to do bro?

Power supply has been poor for over 40 Years, it's not what can be solved with a wave of the wand.

I'm not happy with how poor power supply is in most part of Nigeria but there's a lot of things that are been done by this government to change the situation on ground.

helinues:
My own be say if it's certain that with that amount, we will have stable electricity in Nigeria, let the presidency and his friends borrow us the money, when we start seeing changes, we will pay them back.

The mortgaging of tax payers funds should stop from henceforth.

Outside betting we won’t
The money would vanish

Parachoko:
Wetin he suppose do again wey he no dey do?

Do you even know that power Generation, Transmission and Distribution has been decentralise?

That a law was signed that States CAN now generate power doesn't mean that states HAVE STARTED generating power. The law didn't make it compulsory for them. It only said they could if they want to. And obviously some states don't have the capacity to do so.

So the FG is still very much in charge of electricity. You're trying with your propaganda sha. I just hope they are paying you well cause 30k is not money.

Tell me one person who have subjected millions of Nigerians into abject poverty like Tinubu

Parachoko:
Tell me one present serving minister that's a thief like Stella Odua

Normally Govt SHOULD clear it's debt
But you see those useless GENCOS and DISCOS ba?
Even if they clear that debt 10 times over the an.imals will find reasons not to supply power
Very useless organization
Smh
🚶‍♂️🚶‍♂️

Dbegining:
That a law was signed that States CAN now generate power doesn't mean that states HAVE STARTED generating power. The law didn't make it compulsory for them. It only said they could if they want to. And obviously some states don't have the capacity to do so.

So the FG is still very much in charge of electricity. You're trying with your propaganda sha. I just hope they are paying you well cause 30k is not money.

30k?
Na 3k per post o😄

heysquare:
Which criticism? You people don't follow issues at the initial stages . Tinubu held a meeting with the Discos last year and they said govt is owing 6.6 trillion naira debt and the president promised to settled the debt after verification to confirm the said amount and after the verification, it was discover that the amount is 3.3 trillion and not 6.6.

So it took him 1 year to verify before payment. You people should be ashame of yourselves. Anyway, data boys must eat.

Talk about electricity and OKash will answer you.