Why Power Supply May Never Improve In Nigeria. - Politics (4) - Nairaland
Nairaland Forum › Nairaland General › Politics › Why Power Supply May Never Improve In Nigeria. (10819 Views)
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:49pm On Jun 21 |
LordReed:How many years does it take to fix a moribound refinery or build a new one? That;s why we should have removed subsidy years ago. You are asking the wrong question, to be honest. |
| Re: Why Power Supply May Never Improve In Nigeria. by BrickandLace(f): 2:49pm On Jun 21 |
nairalanda1:Helinues you have tried...I look forward to when you open your own business and charge your customers to outer space and back. |
| Re: Why Power Supply May Never Improve In Nigeria. by epainos: 2:50pm On Jun 21 |
nairalanda1:I agree with this writer. There are many issues wrong with Nigeria; however, without first removing corruption, na suffer pro max for the masses. The exact way IBB asked OluFalae to implement SAP and people suffered only for the military to loot everything. Lol. Tell us to pay more and we will suffer. Band A paying huge, have they gotta enough light? So, when people dont trust the system they will rebel against any decision made. This is the issue here. I am on Band A, and its already over 36 hours I am without light. Feb to April was hell. Disco didnt compensate us at all. They still charged us. Lol. And you want Nigerians to trust again. I don't think so. Govt will just keep forcing policies, and people wont make it work. People sef are ready to sabotage anything and everything. So. I agree with you. We may not get this thing right for a long time. So, go fix your solar system and leave the Nigerian govt. Enjoy your peace. Use stand alone innovative systems to enjoy your life. Life is too short to keep complaining daily. A beg. 2050 go soon crawl in. Enjoy your life!!! |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:50pm On Jun 21 |
LordReed:How many years does it take to fix a moribound refinery or build a new one? That;s why we should have removed subsidy years ago. You are asking the wrong question, to be honest. Even the TAM that you are talking about, subsidy essentially meant that we skipped TAM from 1994-2009 to save money. Add the fact that subsidy also meant that there was no money for upgrades of the refineries. TAM doesn;t upgrade refineries, it just keeps em running. Hence their becoming moribound, run things at a loss, expect to lose them |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:55pm On Jun 21 |
epainos:1. In a way, corruption is a symptom of the system of subsides. After all when estimating how much would be spent in subsides, padding results since we do not know how much money we would actually need....wink wink. A cost reflective regimen would eventually bring efficency, which would reduce or even eliminate corruption Also, since subsidies are not regularly paid, companies may need to lie to get extra money, and keep running well. 2. We paid more for GSM, and back then people cried suffering and oppression. And they even had extra ammo..services were godawful (One could not even call a NITEL Landline from an MTN line in the early days). But once investment poured in, things got better, and well, services got cheaper Also, remember that generation and distribution are private. And one thing private companies that are well run hate is..corruption. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 2:57pm On Jun 21 |
BrickandLace:Helinues that thinks I am evil, you are naming me after him? Right NO matter how pained you are, you cannot have a well run business without paying a cost reflective price or tarrif. If you don't believe that, sorry. But we have been paying for electricity at people's prices for decades, and it isn't working Also, thanks for calling me an IMF stooge. I expected better of you, seeing as you might be an adult, but looks like i was wrong there. No points, just abuse. ![]() |
| Re: Why Power Supply May Never Improve In Nigeria. by helinues: 2:57pm On Jun 21 |
nairalanda1:You have expressed your own opinion while I am taking action on mine without mouth running Same problem, different solutions |
| Re: Why Power Supply May Never Improve In Nigeria. by jamafa: 2:59pm On Jun 21 |
Kaymaxi2222:Yes, we are. Minimum of 18hrs daily. Averagely 20hrs daily. Sometimes self 3 days dem no go commot light |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 3:00pm On Jun 21 |
helinues:Yes, but still, let's forget politics. You can't run any business without everyone paying a price that enables the business to work at a profit. That is why we have working markets, and why we have a growing soft drinks and beverages business sector, for example, but a stagnant power sector. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 3:00pm On Jun 21 |
helinues:Yes, but still, let's forget politics. You can't run any business without everyone paying a price that enables the business to work at a profit. That is why we have working markets, and why we have a growing soft drinks and beverages business sector, and a now slowly but very surely booming petroleum sector for example, but a stagnant power sector. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 3:02pm On Jun 21 |
As expected....I thought that I would get some reasonable points in oppositon, and I got them but for some... Anyway, people should google for the paper 'Solving the liquidity crunch in the power sector' Also, Ivory Coast. |
| Re: Why Power Supply May Never Improve In Nigeria. by epainos: 3:03pm On Jun 21 |
nairalanda1:Well said. I agree with you. 2. We paid more for GSM, and back then people cried suffering and oppression. And they even had extra ammo..services were godawful (One could not even call a NITEL Landline from an MTN line in the early days). But once investment poured in, things got better, and well, services got cheaperBro, what helped us in GSM is leaving the analog. We condemned the whole NITEL infrastructure and created a new one. This is where disruptive innovation helped. I edited my last post before I saw this. Never knew that you would even reply me. So, bro...it is only something innovative that can change this situation we are in. And the only solution I have so far is the standard alone system I mentioned in my last post - install solar power at home and enjoy it in.peace. Sir, if I was the president today, I would just invest heavily in solar. We have lithium and we will just make batteries. Also make panels. Turn roofs to panels. Make laws so we can use solar roofs for good places.. Sir. Then, let people with extra power sell it into the national grid. Simple. Will those guys allow this to happen? I doubt it. Femi Otedola is going into nuclear power, but sir...with this Iran war..do you think we will ever habe nuclear in Nigwria also? |
| Re: Why Power Supply May Never Improve In Nigeria. by yorosstores: 3:07pm On Jun 21 |
anonimi:Again , you do not understand the post at all. This isn't about APC or whatever, but about the problem of a Nigeria's power. What's my business with BRF or who ever has made promises. We are talking about the actual issues and experts referenced but you cannot see beyond party politics. |
| Re: Why Power Supply May Never Improve In Nigeria. by tit(f): 3:07pm On Jun 21 |
nairalanda1:Tinubu has failed. |
| Re: Why Power Supply May Never Improve In Nigeria. by helinues: 3:08pm On Jun 21 |
nairalanda1:Your epistle is sensational because no practical solution. Let me give you a hint. We need as many as transformers across streets. That's number one major cause of the power failure. Nepa brought light within a mins, inside same house, one is using boiling ring, one is using iron while another one is using electric stove. In such situation, it's the transformer that will suffer it , if the transformer can't hold the heat, its going back to the power line |
| Re: Why Power Supply May Never Improve In Nigeria. by demstone: 3:10pm On Jun 21 |
BRO ABEG!!!! RESPECT URSELF IF U DEY FIND FUTURE WEY U GO TAKE PLAY BET NAIJA U GET FAMILY NAH moscow007: |
| Re: Why Power Supply May Never Improve In Nigeria. by LordReed(m): 3:17pm On Jun 21 |
nairalanda1:Exactly what I am saying. If the subsidy was removed and we had the money to do the upgrades but the cabals spirited the money away, what would be different from what we have today? |
| Re: Why Power Supply May Never Improve In Nigeria. by lionshare: 3:18pm On Jun 21 |
LordReed:What you don’t realize that the same cabals will shift base once the market is allowed to charge a fully-cost-reflective tariff that guarantees profit for them. |
| Re: Why Power Supply May Never Improve In Nigeria. by Omalicious1: 3:18pm On Jun 21 |
nairalanda1:Fine write-up. Government in saner climes do subsidise many basic amenities which includes, power, transportation, social welfare and health which helps the citizen. May I also bring to your notice that in a country, road transportation is absolutely free. You don't pay a dime. Can 24 hour electricity supply be done in nigeria? YES. Will corruption, tribalism, religion, nepotism, and greed allow it to happen? NO. |
| Re: Why Power Supply May Never Improve In Nigeria. by lionshare: 3:22pm On Jun 21 |
[quote author=LordReed post=139787950]In my view, the government doesn’t need to spend or borrow to finance the power sector. It should let operators set cost-reflective tariffs within a capped framework—similar to how telecoms are regulated—and transfer its equity stakes across the value chain into an SPV. The government can then list shares in that SPV on the stock market while retaining a meaningful ownership position. New capital would therefore be raised privately, not from public coffers, and would be accountable to investors to deliver returns. That private investment can fund the infrastructure needed for reliable electricity. To make this work and lower the cost of capital, we must keep fighting inflation. |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 3:23pm On Jun 21 |
LordReed:It takes time to build a refinery, years. It also takes time to ressurect refineries Also, no cabal spirited away any money. That;s a myth. Running the NNPC refineries at a loss did that. |
| Re: Why Power Supply May Never Improve In Nigeria. by Whois(m): 3:24pm On Jun 21 |
Solcampbell:They're not the same person. See my reason https://www.nairaland.com/8689600/reasons-why-should-not-vote helinues can not create such thread |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 3:25pm On Jun 21 |
helinues:How do you pay for all that? There is a reason why we need cost reflective tarrifs. |
| Re: Why Power Supply May Never Improve In Nigeria. by mycar: 3:27pm On Jun 21 |
benardtotti:What reform has tinubu done that is yielding fruit? Devaluation of the standard of living or what? |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 3:27pm On Jun 21 |
epainos:Cost reflective tarrifs also worked for GSM I remember when Nigerians were complaining about the high prices they were charging and one stakeholder replied them with 'How else do you think that the GSM companies would be able to pay for expansion and infrastructure, since government was not supporting them with money' |
| Re: Why Power Supply May Never Improve In Nigeria. by Kaymaxi2222(m): 3:27pm On Jun 21 |
jamafa:stop lying to yourself cos we gather dey this country that grid is falling every now and then so....keep lying to yourself |
| Re: Why Power Supply May Never Improve In Nigeria. by nairalanda1(op): 3:30pm On Jun 21 |
tit:Yes he has, you won't get any argument from me on that. Someone who puts in polices that prevent the electricity sector from making a profit is hardly a success. And Band A was deception galore, as I explained in my original post . |
| Re: Why Power Supply May Never Improve In Nigeria. by erniok(m): 3:33pm On Jun 21 |
benardtotti:Thanks for the video link as it dispels lies that has been repeatedly told. |
| Re: Why Power Supply May Never Improve In Nigeria. by anonimi: 3:37pm On Jun 21 |
yorosstores:I am telling you that there is no problem with our electricity supply because Tinubu and APC reformers have fixed it. What is so difficult to understand about this ![]() |
| Re: Why Power Supply May Never Improve In Nigeria. by chidiokay: 3:37pm On Jun 21 |
helinues:thars is on your thread does it make it dependant, you could have well express yourself in your whatapp message, do not use public forum n demand privacy come up with solutions my ass |
| Re: Why Power Supply May Never Improve In Nigeria. by anonimi: 3:42pm On Jun 21 |
benardtotti:The fruits of 150 million Nigerians with adequate power supply? Abi, what other fruits are you talking about? Maybe the fruit of drinking water from shitty boreholes in Lagos after 27 years of forever ♾️ increasing tax burden on people to grow budget 100 times without employing enough well paid workers to make pipe borne water available to all households? https://www.youtube.com/watch?v=g5v-F81hNTs |
| Re: Why Power Supply May Never Improve In Nigeria. by Willie2015: 3:43pm On Jun 21 |
nairalanda1:D fact that the Presidency Villa cannot afford Band A billing..... is a perfect evidence that your argument is flawed...... Presidency clearly stated that Band A is not sustainable... Thats a vote of No confidence in the BAT power reforms.... Its the same Band A you want common masses to pay Well done ..Chief Analyst .. .I always wonder where your own analysis is coming from... Pluto or Mars ![]() |
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