Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President - Politics (2) - Nairaland
Nairaland Forum › Nairaland General › Politics › Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President (4106 Views)
| Re: Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President by Ibehchizzy: 2:29pm On May 18 |
ablejesus26:check my posts well and my profile before you reply hungry dawg🙏 |
| Re: Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President by ZaddyJ: 2:35pm On May 18 |
adenigga:If not for the kind of country we are living in Joe ajale is not fit to be the union president. We have a current case of bandits who kidnapped school pupils and their teachers and principals, is Joe Ajale no powerful enough to issue a nation wide strike for the adoption of this victims ? No because it doesn’t affect him and his family |
| Re: Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President by shiwex: 2:48pm On May 18 |
adenigga:Despite decades of reforms, significant public investment, and the privatisation of the power sector, millions of Nigerians continue to experience unreliable electricity supply, rising tariffs, and deteriorating infrastructure. For many households and businesses, access to stable power remains more of a hope than a reality. More than ten years after the unbundling of the Power Holding Company of Nigeria (PHCN), expectations of improved efficiency and increased generation capacity have largely not been met. Instead, the sector continues to struggle with structural inefficiencies across generation, transmission, and distribution—each segment constrained by the weaknesses of the others. At the core of the issue is a lack of coordinated planning. Power generation has not significantly expanded to meet growing demand, while transmission and distribution systems remain inconsistent and often unable to handle available supply. The result is a cycle of underperformance that affects economic growth, investment, and overall quality of life. Concerns have also been raised about the effectiveness of the privatisation process. Critics argue that rather than attracting strong technical expertise and long-term investment, the sector has suffered from inadequate capacity, financial instability, and a focus on short-term returns. In some cases, companies lack the resources required to maintain or expand infrastructure, leading to persistent service failures. At the same time, Nigerians continue to face increasing electricity tariffs, often without a corresponding improvement in service delivery. The introduction of banding systems has further deepened concerns about fairness and accessibility, with many communities receiving limited supply despite higher costs. There is also growing public frustration over the perceived lack of transparency and accountability in the sector. Questions continue to be raised about how funds are allocated, the effectiveness of regulatory oversight, and whether current policies truly prioritise the needs of citizens. What is clear is that meaningful reform is urgently needed. Addressing the challenges in Nigeria’s power sector will require: A clear and long-term national energy strategy Investment in new and diversified generation sources Strengthening of transmission and distribution infrastructure Greater transparency in funding and decision-making Stronger regulatory enforcement and accountability Improving the power sector is not just a technical necessity—it is central to economic development, job creation, and the well-being of millions of Nigerians. Without reliable electricity, businesses struggle, innovation is stifled, and everyday life becomes significantly more difficult. The time has come for stakeholders—government, private operators, and regulators—to move beyond excuses and deliver practical, measurable results. Nigerians deserve a power system that works, and achieving that goal must be treated as a national priority. |
| Re: Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President by WizardOfNG: 2:58pm On May 18 |
koxyz:Indeed. Yet which Government since 1999 has attempted to facilitate the bolded in your post more than this current one in power? The two biggest challenges to a fully deregulated and privatised power sector is (1) ability of Nigerians to pay cost-reflective tariffs that will attract investor to rescue our power sector and (2) clearing the trillions of Naira owed to GENCOs and DISCOs that has made them down tools and worsened power supply recently. Adelabu brought in tariff bands, with the intentions of gradually removing subsidy in our power sector,so that investors can be attracted and incentivised to come in and reform our power sector with the promise of returns on investment. ROI. Instead Nigerians, who want power free, because all previous irresponsible Government have treated them like babies to lead them into believing power supply should be free, are calling Adelabu "Minister of darkness". Sad how ignorant the average Nigerian is of the problem of our nation meaning he cannot appreciate solutions required thus making him susceptible to fooliahky and ignorantly believing one Kwankwaso, Obi or Atiku can perform miracles. With debts owed to GENCOs and DISCOs from 2013-2014 to date, claimed to be above 6 trillion Naira, it is President Tinubu who has put a reconciled 3.3 trillion Naira payment plan in place to clear debts previous presidents accumulated to get the power sector moving since liquidity and government integrity and commitment to paying debts in integral to attracting investors. We then have to ask why few Nigerians know the above, as some of us do, yet they will go online to ask for a return of OBJ, GEJ and even Buhari who are the cause of the problem Tinubu is dedicatedly and resolutely trying to overcome. Moniepoint CEO talked about comparatively low intelligence quotient of Nigerians and I believe he has a point. Where we differ is my belief Nigerians can make the effort, and succeed, to be more knowledgeable if they commit to searching for knowledge instead of always following frivolities, sentiments, ethno-religious jingoism and emotions. |
| Re: Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President by themanderon: 3:48pm On May 18 |
CaseSensitive:This is what I tell that APC mole Nairalanda1. They usually send him here to convince us Nigeria is poor, but if you see the way our leaders live, you will know this nation is far from being poor. @Topic: There is a whole lot of sabotage going on in that power sector. It's a shame that over the past decade the government has not made any significant investment in the power sector. Instead of this present one investing in the sector they embarked on that white elephant coastal road. It's a pity that in this day and age when serious countries are developing various AIs which require large computing power consuming great amounts of electricity, we are not able to do a simple task of generating power for Nigerians despite having an abundance of natural gas, coal and even sunshine. They told us that providing regular power was not rocket science but unfortunately after 11 years of being in power they have failed miserably. |
| Re: Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President by CaseSensitive(m): 3:55pm On May 18 |
jmoore:Imaginary power that doesn't exist? Haha Ok. |
| Re: Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President by nairalanda1(m): 4:30pm On May 18 |
themanderon:So because I agreed with prof Nnaji and other experts that the power sector has to charge cost reflective tarrifs, I support APC? Also, this is something I have known since 2014 self. Stop deceiving yourself. Whatever you call me, truth is truth Better stop behaving as if you never lived on earth normally |
| Re: Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President by IBB007(m): 8:10pm On May 18 |
Lol…I can’t believe I’m actually agreeing with this guy…this is just the truth…Naija power sector can never work with the way it’s being run |
| Re: Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President by WizardOfNG: 7:48am On May 19 |
nairalanda1:See your life bro? They are now dragging you. This is what happens when you sit on the fence and pander to emotions and maybe even ethnocentric prejudice against others. I always credit you with being one of the Nairalanders who has a good grasp of the problems with the power sector. You know the fundamental problem of non cost-reflective tariffs that will damn Nigeria to inadequate power supply forever if not resolved. You know the trillions owed to GENCOs and DISCOs, from 2013-2014, Tinubu is the only President that has now commited to pay to boost power supply and increase investor confidence in our now privatised power sector that can only be rescued by investor cash. I therefore expect you to know required solutions to be able to work out it is this current government, since 1999, that is attempting to deliver structurally holistic and sincere solutions. Should you, as an educated and knowledgeable chap, not be one of those promoting the efforts of Adelabu and Tinubu? Yet you are always dragging PBAT pettily. In life, no one is perfect but we must always choose a side. If you don't like everything about Tinubu, you should be intelligent enough to know, today, he is a big part of the solution till the beautiful ones are born. He is genuinely putting in the work. First government, since 1999, to attempt dealing with the fundamentally detrimental issue of non cost-reflective tariff charges which, unresolved, will mean investors will avoid Nigeria's power sector. You are alao knowledgeable enough to know others , since 1999, maintained a regime of subsidizing power and creating 'affordability'. Whereas those subsidies were weaponization of poverty successive governments have used to make Nigerians complacent with how they do not even have 5% of what others have in terms of power supply, infrastructure, credit system, highest quality education, convertible currency, security, healthcare etc, etc. Na all of us go chop breakfast when folks like you refuse to confess the truth because your kinsman is not in charge of the "labour camp". Ahmadu Bello. |
| Re: Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President by nairalanda1(m): 10:18am On May 19 |
WizardOfNG:APC Man, tell your leaders to take the right decisions, not the popular ones, abeg. Remove subsidy on electricity now. |
| Re: Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President by WizardOfNG: 10:31am On May 19 |
nairalanda1:Lol. That's all you have to say? Most of you are not aren't people to take seriously. Fake dude. Probably about less than 5% of people online are upright and stand-up folks. |
| Re: Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President by nairalanda1(m): 11:11am On May 19 |
WizardOfNG:LOL...okay. One thing I have noticed on this site, none of you guys are ready to have a discussion, just want to mock and label. |
| Re: Power Sector: Biggest Scam In Nigeria — Ajaero, NLC President by WizardOfNG: 11:59am On May 19 |
nairalanda1:I have always engaged you sincerely. I noticed you are not sincere and that is why I now view you as frivolous. One very bad quality of a man is a failure to say and respect the truth always. You know the power sector very well. I credit you with that. Meaning you know the solutions required. Yet the president doing the best, far more than all others combined since 1999, to work out the problem , with a bottom-up holistic approach, you are always attacking. The Tinubu Government never ran up the trillions in debt GENCOs and DISCOs downed tools over. Yet he is the president who has put together a 3.3 trillion Naira payment package to clear the debt. You know how crucial the creations of cost-reflective tariffs is to incentivising investors with capacity to get involved and deliver stable power that can industrialise and develop Nigeria rapidly. Only Adelabu and Tinubu have attempted to put this in place. All governments, since 1999, chose welfarist and poverty-weaponisation gradualism through use of subsidy in the power sector that is 100% self-destructive and incapable of sorting out our power woes. You know all this and are still deceptive and duplicitous. This means you are comfortable with lying and host an agenda because that is usually the explanation when people know the truth but choose to deny it. |
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,chia this your rubbish destiny na the biggest scam