Why Power Supply May Never Improve In Nigeria. - Politics (3) - Nairaland
Nairaland Forum › Nairaland General › Politics › Why Power Supply May Never Improve In Nigeria. (10647 Views)
| Re: Why Power Supply May Never Improve In Nigeria. by benardtotti(m): 2:13pm On Jun 21 |
DARLYNBOI:This thread is not for that bro , you guys should learn to know what each topic should be focused on and not derail it , if you really want to know the fruits then open a thread on it and I will gladly share my thought on the fruits of current reforms undertaken by this administration 😀. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:14pm On Jun 21 |
olola4:People are in charge of their water and power, because people do not want to pay the cost reflective tarrif for power and water. If people paid the price for water and power, it would bite their pocket, but they won't need to be in charge of their water or power. Both are expensive. You will pay a cost reflective tarrif, or you will pay the equivalent for borehole and inverter plus maintenance. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:16pm On Jun 21 |
helinues:Any solution that does not include everyone paying a cost reflective tarrif is not going to work. If you ran a business, and only 20% of your customers paid, while the remainder did not pay you or underpaid you, your business go last? Forget politics, even though I mentioned it, some things are just common sense. |
| Re: Why Power Supply May Never Improve In Nigeria. by anonimi: 2:16pm On Jun 21 |
gigabyte13:If the ![]() https://www.youtube.com/watch?v=dMWUS1W_ITc?si=VRTOsly8hJelpPw3 |
| Re: Why Power Supply May Never Improve In Nigeria. by benardtotti(m): 2:16pm On Jun 21 |
nairalanda1:I hope you know tariffs were reviewed upwards with plans to do that again soon Everyone in nigeria has tagged tinubu a devil cos of trying to remove tariff on fuel and forex , yet you want him to go full circle immediately with power tariffs common bro , it will totally unsettle the country . But if there is anything you should have observed about tinubu by now is that he is not afraid to do the difficult things. Power subsidy will definitely go its just a matter of time . |
| Re: Why Power Supply May Never Improve In Nigeria. by LordReed(m): 2:18pm On Jun 21 |
nairalanda1:Bro seriously are you going to act like Dangote is not facing serious challenges in his bid to be the anchor point for a stable supply of petroluem products? Are you forgetting all the hullaballoo of subsidy? What did it take to overcome some of these challenges? Was it simply pricing? I can name a myriad of such issues and it wasn't just pricing that sorted them. Bro there are many systemic issues this country faces which some people are making serious bank from, electricity included. Pricing alone will not fix them. |
| Re: Why Power Supply May Never Improve In Nigeria. by anonimi: 2:19pm On Jun 21 |
benardtotti:The reforms yielded 150 million with adequate electricity supply already, not so? Tinubu reforms have also crashed petrol price below N185. Aṣiwaju ọmọlúwàbís has also made a Naira equal to one dollar. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:19pm On Jun 21 |
Unfaized:Ok, when GSM was introduced , we had to pay cost reflective tarrifs from day 1. That's what built the infrastructure. Cost reflective tarrifs attracted investment and also gave banks the confidence to lend to the GSM companies because they knew they would see their money back. MTEL, the GSM subsidisary of NITEL, the government run company, was charging below cost reflective tarrifs, and as a result, could not earn enough to compete with GSM giants MTN and now AIRTEL. See the result. Yes, MTN and co poured in money, but they did so because they knew they would see guaranteed ROI. That's why even Bharti Airtel entered the Nigerian and african market self. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:21pm On Jun 21 |
Omi24:GSM charged cost reflective tarrifs when their service was, compared to today, bad. And it attracted the investment to improve infrastructure. Government spent zero money on it (except to prop up MTEL which it owned and which was forced to operate at a loss in the name of cheap services, which meant no profit to compete with the big boys.). Why not the same for power supply? |
| Re: Why Power Supply May Never Improve In Nigeria. by franchasofficia: 2:23pm On Jun 21 |
If you expect a Presidential candidate in Nigeria to completely give you a breakdown of his action plans when he emerges, then you will wait forever bra. Peter Obi will no give out his action plans and actual policies to you Nigerians that love stealing ideas without recommendation or reference. If you Nigerians are not convinced enough to vote and defend your votes for Peter Obi against Tinubu's rigging plans until he is announced winner, then you guys can continue to enjoy your Bala blu bulaba government ![]() |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:23pm On Jun 21 |
Chylo:Well, I am voting for Obi, but I too would like to hear in detail how he plans to do it. We should stop tolerating populist sloganeering. Look at the leader we have now. Used slogans to get into office, running the country down now. We want Obi the man who will change Nigeria, not Obi who will be tinubu part 2. |
| Re: Why Power Supply May Never Improve In Nigeria. by kernniejay(m): 2:24pm On Jun 21 |
nairalanda1:Nigerians are not asking for 24/7 power supply again, not even free health or education and nobody is worried about bad roads anymore. Nigerians are now asking that government should allow them live, and not be killed by terrorists. Nigeria is slowly moving from backwardness into oblivion. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:24pm On Jun 21 |
voortrekker966:Yeah, it';s kind of painful Nigeria lost four refineries because people wanted cheap kerosense, diesel and petrol. That tends to stifle proftability. |
| Re: Why Power Supply May Never Improve In Nigeria. by gigabyte13: 2:25pm On Jun 21 |
Image123:Tell me what l need to know, am a science student..... So tell me more about electricity generation that l don't know |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:26pm On Jun 21 |
PulaPower:Well, tinubu hasn't removed subsidy for the same reason obi won't suggest doing it, and for that matter atiku. They want to be elected, not to make hard decisions. It's kind of tiring that we keep electing leaders who refuse to make hard decisions until circumstances... |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:28pm On Jun 21 |
LordReed:1. Issues in the petroleum industry arise from us not taking a decision that should have been taken much much earlier. 2. If fuel subsdiy had gone since the early 1990's , we may have long since passed the teething stage, but we said no, and kept on saying no. When a hard decision is delayed, this is the result. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:29pm On Jun 21 |
benardtotti:NO, tarrifs were only reviewed upwards for band A customers, who are a minority, not for everyone. Please do not tell half truths here. |
| Re: Why Power Supply May Never Improve In Nigeria. by Kaczynski: 2:30pm On Jun 21 |
2026 and turds are finding it hard to generate electricity. The coal man has to be one of those whose prefrontal cortex operates on 8bit. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:31pm On Jun 21 |
MrSly:1. I doubt your house is representative of Nigeria 2. How can I support a tinubu whom I have just castigated for having no plan to deal with power beyond polemics? Dude, are you all right? 3. And yeah, I am voting tinubu out, and voting for Obi next year, despite my criticism of him. 4. Face the point of the article. 5. ELectricity is expensive. Whether we like it or not. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:32pm On Jun 21 |
MrPresident1:So, for suggesting that a company should make a profit so that it can offer you improved services, I am apparently evil? Right. ![]() Ye better hand back that diploma, my good sir. |
| Re: Why Power Supply May Never Improve In Nigeria. by tesseract: 2:33pm On Jun 21 |
This is a very useless write-up. The OP can go to hell. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:34pm On Jun 21 |
tesseract:Thank you very much, Lord Zeus. How's Hera doing these days.? Well I assume? |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:35pm On Jun 21 |
franchasofficia:Well, I expect him to do so, otherwise he is no better than tinubu. (And I am still voting for Obi, but let's not lie. Aren't you tired of 'i will give you roads' leaders?) |
| Re: Why Power Supply May Never Improve In Nigeria. by SeverusSnape(m): 2:36pm On Jun 21 |
Solcampbell:I've always said to that Nairalanda1 guy to come out with his full chest and support ThieffffNUBU, but he has been pretending like one nonpartisan person. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:41pm On Jun 21 |
@Kaymaxi2222 Reason why Band A are not getting light 24/7 is basically because any profits from band A are negated by the losses from the other bands, who form the majority of customers, which means gencos and discos cannot provide enough light...because overall, they lose money See my India analogy, where a similar system means power losses for all. Everyone has to pay, or we take more massive loans. |
| Re: Why Power Supply May Never Improve In Nigeria. by BrickandLace(f): 2:43pm On Jun 21 |
Solcampbell:That's why I've always told nairalanda1 he's either an IMF stooge or an APC data boy trying to sound intelligent. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:43pm On Jun 21 |
@SeverusSnape I am voting for Obi. Thank you. |
| Re: Why Power Supply May Never Improve In Nigeria. by Willie2015: 2:44pm On Jun 21 |
nairalanda1:A. Over 60% of the population (roughly 140 million Nigerians) live below the poverty line, according to the World Bank. Folks under poverty line cant afford electricity at the commercial rates. Its a simple fact. B. There are also key flaws in your telecoms and power analogy. 1. Telecoms services have elastic demand while power is inelastic. 2. Telecoms sector is a competitive market with multiple players...(DisCos) operates as localized monopolies... 3. Telecoms run efficiently on independent power, isolating them from grid collapse. Power distribution requires a massive, shared, and highly vulnerable physical transmission-and-distribution network. C. The power sector cannot treat a billionaire in Ikoyi and a subsistence farmer in a rural village the same way. in the name of cost reflective pricing . D. While I agree with the fact that the power grid must be profitable to attract investors, Regulations must shield low-income earners through targeted government subsidies and cross-subsidies from high-volume consumers |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:45pm On Jun 21 |
@BrickandLace So, saying that a company must make a profit means that one is an IMF stooge. Thanks. I guess that your local trader, hawker, and so forth are also IMF stooges since they believe in the prinicple of making a profit. |
| Re: Why Power Supply May Never Improve In Nigeria. by LordReed(m): 2:45pm On Jun 21 |
nairalanda1:The subsidy removal alone would have still led to the same result. Has subsidy removal fixed the moribund refineries? Do you realise some people are making bank from the never-ending Turn Around Maintenance that never does anything significant? |
| Re: Why Power Supply May Never Improve In Nigeria. by Lekby25: 2:46pm On Jun 21 |
Ni Unfaized:The man is talking nonsense. Take for instance the issue of telephone. When it came it was very expensive. Service was widely available. The people that can afford it were buying. With more entrants the cost started dropping. More and more users were joining. With one single tariff, each person buys whatever he or she can afford. But the point is, the service is widely available. Power should be done like this. Service should be made available, one single cost effective tariff should be charged, meter should be made available to every user, each person buys whatever he can afford to buy, simple. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:47pm On Jun 21 |
Willie2015:I hate to say this, but the same arguments you are making about the electricity sector were made about GSM Most Nigerians are too poor to afford their service was a common argument back then At the end, we have tried your way, now it is time to do something different. Or we keep on paying for power in terms of solar inverter, petrol and so forth. |
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