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FG To End Electricity Subsidy In 2027 - Politics (4) - Nairaland

Nairaland Forum › Nairaland General › Politics › FG To End Electricity Subsidy In 2027 (11189 Views)

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Re: FG To End Electricity Subsidy In 2027 by BigYash: 7:01pm On Aug 28
nairalanda1:
Fuel subsidy removal has enabled many states to pay salaries without bororwing, has also enabled dangote refinery to become an exporter of refined product, and has also encouraged plans for at least 2 private refineries to be built, with the BUA refinery also being built as well.

It has also taken pressure off our borrowing and prevented our debt from passing 200 billion dollars.

And some governors are now spending on some projects...more jobs.

If you want actual sustainable benefit, vote out APC and vote a government that would add accountability, productivity and so forth, not one that would spend our grandkids money today to give you cheap fuel

Plus when we had cheap fuel, we were still suffering, and smiling. When Fela sang suffering and smiling, fuel was already subsidsied. Was he fantasizing?
Many of you are just naive. Fuel is still being subsidized till date.. They only found a way to corner it,so that they can be cutting out their own percentage..
Re: FG To End Electricity Subsidy In 2027 by Jakarta: 7:02pm On Aug 28
OredoPikin:
0
U are still a child
I understand your not being able to comprehend my comment, after all English is not your first language. If we check well, you fit never pass 14.
Re: FG To End Electricity Subsidy In 2027 by nairalanda1(m): 7:02pm On Aug 28
SixSeven:
This is not about taking sides but efficency.
Efficency happens when a company can afford to pay for it. It's not a nice thing to hear, but that's the way things work.

I'm lost on the fact that some Nigerians are also dubious but I can tell you for a fact that I know how Nigerians welcomed prepaid meters. Why? Because they knew they would only be billed for what they used. I won't reduce electricity to something like GSM but people know that if I put 1k, let me get 1k service. Don't give me rubbish service because I paid 1k. I will pay what I use, the one I can see.
So pay a cost reflective tarrif, so that in addition to good electricity, they would be also able to afford good prepaid meters.

You cannot pay below cost and expect the same electricity companies to afford prepaid meters for everyone. especially since those meters are for the most part made in Nigeria, and nigerian workers dey under tinubu government

Let's stop using poverty and suffering to lie to ourselves. Either we pay full service for things, or we do without.
Re: FG To End Electricity Subsidy In 2027 by nairalanda1(m): 7:02pm On Aug 28
BigYash:
Many of you are just naive. Fuel is still being subsidized till date.. They only found a way to corner it,so that they can be cutting out their own percentage..
Well, this is a lie, and you know it.
Re: FG To End Electricity Subsidy In 2027 by nairalanda1(m): 7:03pm On Aug 28
WatchYourSix:
He should take loans naaaa…. Is he not taking loans now when he’s not paying subaidy ?? So what the point?? He should collect loan let everybody enjoy..

Nonsense and ingredients
"The ultimate ignorance is the rejection of something you know nothing about." — Dr. Wayne Dyer
Re: FG To End Electricity Subsidy In 2027 by SixSeven: 7:04pm On Aug 28
nairalanda1:
Efficency happens when a company can afford to pay for it. It's not a nice thing to hear, but that's the way things work.



So pay a cost reflective tarrif, so that in addition to good electricity, they would be also able to afford good prepaid meters.

You cannot pay below cost and expect the same electricity companies to afford prepaid meters for everyone. especially since those meters are for the most part made in Nigeria, and nigerian workers dey under tinubu government

Let's stop using poverty and suffering to lie to ourselves. Either we pay full service for things, or we do without.
Give me light first, let me see it, I will pay. Later I can complain the price is too high but you are not even giving me what you promised me, you are claiming I'm not willing to pay. That's the part you miss out.
Re: FG To End Electricity Subsidy In 2027 by BigYash: 7:04pm On Aug 28
nairalanda1:
Well, this is a lie, and you know it.
Apc has never told you truth before.. So I am not surprised,if you say I am lying. Lies mean truth to you.. while you see the real truth as lie..
Re: FG To End Electricity Subsidy In 2027 by nairalanda1(m): 7:05pm On Aug 28
Eriokanmi:
You're right.Nobody is afraid of paying taxes, if only such payments would be justified by the FG by provision of amenities. I have 2 companies and the oldest is 16yrs. I've not benefited anything fir oaying taxes ober the years from the FG. Ordinary subsidy they claimed they removed from petrol, we're not seeing the proceeds or whatever they've saved from it. The best subsidy removal plan was that carried out by the clueless Jonathan who allowed the apc to come and destroy Nigeria. The NHIS fraud had been buried for life

Had he jailed those noise makers back then and changed them.for treason Nigeria would have been better for it today. Jonathan already had the palliatives in place before the removal. I remember the sure-p programme which covered every sector, buses deployed to states too. What has tinubu done with the savings from the fuel subsidy so far? He's been borrowing more and more Instead. The governors had countered him already on this.

I dare the populace to permit him rig himself in once again, they'd suffer. A failure is a failure, even if they rule for decades, there wont me any meaningful development. Have you even wondered why only the opposition states are doing well in Nigeria? That is a bad signal.
Tor we have been avoiding taxes for decades, most of us, and we somehow expect government to provide anemites without us paying taxes.

When we paid cost reflective tarrifs for GSM, they didn't have good enough service on ground. The profit they made from the tarrifs enabled them to pay for good enough service.

I understand your arguments oga, I have been making them for years, but in 2011, i started thinking about it that after years of saying the same thing, why haven't things been improving. ?

At some point, slogans do not explain the world...or make it better.
Re: FG To End Electricity Subsidy In 2027 by nairalanda1(m): 7:06pm On Aug 28
BigYash:
Apc has never told you truth before.. So I am not surprised,if you say I am lying. Lies mean truth to you.. while you see the real truth as lie..
Since you have decided to engage in insults and slander, adieu

When the debate is lost, slander becomes the tool of the loser." — Socrates
Re: FG To End Electricity Subsidy In 2027 by WatchYourSix: 7:12pm On Aug 28
nairalanda1:
"The ultimate ignorance is the rejection of something you know nothing about." — Dr. Wayne Dyer
lol…. U are the one rejecting subsidy but it’s me u are quoting Wayne for…. lol… u are comedian …
Ur govt is robbing you yet are taking loans… so why are they not taking loans to ease the tension of the pple ….

U go and sit abroad and be supporting govt to keep robbing Nigerians…. shiorrr!!
Re: FG To End Electricity Subsidy In 2027 by NGArmyTerrorist: 7:14pm On Aug 28
Prepared ko, a govt that can account for the subsidy revenues realised from fuel subsidy and as a petroleum minister. I dey laugh..
Rubyjade:
I actually support the idea of ending electricity subsidies if the government is genuinely prepared to fix the power sector first. But we need to be careful not to celebrate subsidy removal as if it automatically means better electricity.

For years, Nigerians have been paying for darkness in one form or another—electricity bills, fuel for generators, diesel for businesses, inverter batteries and the cost of replacing damaged appliances. If subsidy is removed while the quality of supply remains the same, Nigerians will simply be paying more for the same poor service.

The real question is: what exactly is changing before 2027?

Are the debts to GenCos and other players being cleared? Are transmission and distribution networks being upgraded? Are DisCos being held accountable for estimated billing and poor service? Are we creating a system where consumers actually pay according to the electricity they receive?

Because removing subsidy is not reform by itself.

Government should first build a power market that can survive without permanent intervention, while protecting poor and vulnerable Nigerians from sudden tariff shocks.

If the subsidy must go, let it go alongside reliable electricity, transparent billing, stronger regulation and measurable improvements in service.

Nigerians don't necessarily want government to keep subsidising inefficiency forever. We want a system where we can pay for electricity and actually get electricity.

Otherwise, we will remove the subsidy from the power sector and quietly transfer the same cost to generators, diesel, petrol, businesses and households.

That isn't reform. That's simply moving the suffering from one pocket to another.
Re: FG To End Electricity Subsidy In 2027 by WatchYourSix:
Jakarta:
Yes subsidy is our right no doubt about that, but Discos are stealing that right with the current electricity subsidy structure. Customers are responsible for installation, and maintenance of electricity distribution items like poles, cables, and transformers still they won't see the light, but a a Disco somewhere is collecting fat checks as subsidy payments from Abuja, and still crying foul that government is forcing prices on them.
Most pple dont know band A is currently not on subsidy…?? How can govt be paying subsidy yet some citizens are not benefiting??
The excess of band A (over 170kw per unit) is being used to subsidise band B, C, D, and E… when govt remove subsidy they will increase everybody’s tariff and rob us some more…
My electricity is currently more than my rent … i mean who does that
Re: FG To End Electricity Subsidy In 2027 by Willie2015: 7:16pm On Aug 28
nairalanda1:
Because from the word go everyone was paying a cost reflective tarrif.



And you think that telecoms and refinery don't have the same issues? THEY DO

Also, any method federal government finds means massive debt because no subsidy can completely cover the losses made from selling power below its production cost...because government cannot set production costs.

GHana pays a cost reflective tarrif, which is why they have light. ANd they complain about it, they even say they are poor to pay it, but they have light, we don't. And they get investment in their light.

Looks like you want government to borrow, because the experts have put the amounts we need to fix light at 10 to 14 trillion yearly, maybe higher.
My point is simple

Cost-reflective tariffs may be the technically correct long-term solution, but government cannot govern on technical correctness alone.

Political and social sustainability matter.

If millions of Nigerians cannot afford the tariff today, the immediate priority should be to find a mechanism that protects them while the underlying electricity model is being fixed.

A technically perfect reform that the public rejects is not a successful reform.
Re: FG To End Electricity Subsidy In 2027 by OredoPikin: 7:17pm On Aug 28
Jakarta:
I understand your not being able to comprehend my comment, after all English is not your first language. If we check well, you fit never pass 14.
Ok
Re: FG To End Electricity Subsidy In 2027 by ARISHEM: 7:18pm On Aug 28
That is if you vote them.
Re: FG To End Electricity Subsidy In 2027 by okeke6969: 7:18pm On Aug 28
I will see if Nigerian's will not match out for nationwide protests.
What are they doing with all the taxes they were collecting?
Useless and heartless government.
Re: FG To End Electricity Subsidy In 2027 by Tecno66: 7:19pm On Aug 28
They won't take it away in January because of the elections. After elections, get ready for renewed shege.
Gotocourt:
More reasons why these bandits must go angry.


There's Tax implementation loading January 2027🤷‍♂️
Re: FG To End Electricity Subsidy In 2027 by judewrites: 7:23pm On Aug 28
By the grace of God, this party won't be in power next year to implement this!
Re: FG To End Electricity Subsidy In 2027 by anonimi: 7:28pm On Aug 28
udemzyudex:
Rubbish, this APC government want to remove everything the common is benefiting from the government, just because they feel some people are taking advantage of it.

Who is the government afraid of that it can't arrest and probe for mismanagement?
Tinubu is afraid of his fellow leaders looters who are siphoning money out of Nigeria to buy properties in London etc where houses are supplied with pipe borne water, unlike here where we drink water from shitty boreholes.

thewinning101:
PANDORA PAPERS: Buhari visited Tinubu in corruption-tainted London villa acquired by Oyetola

Governor Oyetola, a relative of Mr Tinubu, may have sabotaged his own country by buying the exotic property as Nigeria made to seize it.

ByNicholas IbekweandTaiwo-Hassan Adebayo October 7, 2021 in Headline Stories, Pandora Papers Reading Time: 8 mins read

It was a meeting of two of Nigeria’s most influential politicians in London – President Muhammadu Buhari was visiting political kingmaker and senior member of his ruling All Progressives Congress (APC), Bola Tinubu.

In July, the presidency announced that Mr Buhari was heading to London for an education summit. The office also added that the president would also see his doctors for “medical check-up”.

Coincidentally, Mr Tinubu, who had travelled to London earlier, was also receiving treatment for an undisclosed ailment in the British capital. So, a perfect setting for both men to meet was created.

https://www.premiumtimesng.com/pandora-papers/488537-pandora-papers-buhari-visited-tinubu-in-corruption-tainted-london-villa-acquired-by-oyetola.html?tztc=1
Re: FG To End Electricity Subsidy In 2027 by anonimi: 7:30pm On Aug 28
judewrites:
By the grace of God, this party won't be in power next year to implement this!
The grace of God must find our works to bless, so we can have our desires.



Faith without works remains dead.
Re: FG To End Electricity Subsidy In 2027 by Willie2015: 7:30pm On Aug 28
nairalanda1:
It's good news, if the government is also prepared to

1. Let the sector charge a cost reflecitive tarrif

2. Enforce laws against power theft, and debts.

For those quoting me to say I am talking something...here is where I got my ideas from.

.

If you abuse me, you abuse the man I got my ideas from, and that is Prof Barth Nnaji. I wish you good luck on that.
Prof Barth Nnaji is a technical expert...

He can be correct technically but wrong using the political and social sustainability angle.

Nigerians are already dealing with fuel-subsidy removal, higher taxes, food inflation and declining purchasing power.

Imposing another major cost shock—even if economically justified—can make the entire reform politically unsustainable.

A technically perfect reform that the public rejects is not a successful reform.
Re: FG To End Electricity Subsidy In 2027 by CorperKola: 7:31pm On Aug 28
DMCA:
no carry dis entitlement mentality enter 2027 cool
Apc e-bandit

Next if i ask for security from bandits

You will call it entitlemwnt mentality

Shameless lots
Re: FG To End Electricity Subsidy In 2027 by Ifyz0001: 7:31pm On Aug 28
It's only in Nigeria that govt don't want to subside anything for the common man. Everything will automatically become expensive, just name what product or services that won't be affected.

Tinubu must go!!!


FuglyGurl:
https://www.vanguardngr.com/2026/07/fg-to-end-electricity-subsidy-from-2027/
Re: FG To End Electricity Subsidy In 2027 by Jakarta: 7:34pm On Aug 28
WatchYourSix:
Most pple dont band A is currently not on subaidy…?? How can govt be paying subaidy yet some citizens are not benefiting??
The excess of band A (over 170kw per unit) is being used to subsidise band B, C, D, and E… when govt remove subaidy they will increase everybody’s tariff and rob us some more…
My electricity is currently more than my rent … i mean who does that
The excess of band A is not being used to subsidize band B,C,D, E. Discos are collecting the cost reflective tarriffs from band A users, collecting subsidy payments from the government then they give band A users excuses that the government is forcing prices on them, and there are not enough users that pay cost reflective tarriffs, as such they can't provide the cost reflective services band A users paid for. Discos are the ones benefitting from subsidy and still crying foul.

As citizens what we should be more concerned about are:

1)Will the government hold Discos accountable, if after allowing them to charge customers cost reflective tariffs, but couldn't provide cost reflective services?

2)What are cautionary measures are in place to curtail the adverse effects of subsidy removal on the poor and vulnerable?
Re: FG To End Electricity Subsidy In 2027 by anonimi: 7:37pm On Aug 28
zinowealth:
Una don start again. This govt can never get anything right
This APC government has SAID they got electricity right, just like they promised when Fashola told us that we have to replace PDP with their own party to get power in six months.



https://www.youtube.com/watch?v=Lba6Uf64Ogc



pendy79:
Lagos State Governor, Mr. Babatunde Fashola, on Sunday evening boasted that he could provide uninterrupted power supply to Lagos residents between six and eight months.

Fashola spoke at the commissioning of 8.5 megawatts Lekki Independent Power Project (IPP), the fifth of such power projects in the last five years in the state.

The governor said the addition of the Lekki IPP was a testament to the fact that stable power does not require rocket science to achieve in the country.

While challenging power distribution companies in the state, Fashola said, “Let the Eko DISCOs sign a contract with me, giving part of their concessioning to the state government, in about six to eight months, there will be power in all homes in Lagos State,” Fashola said.

He added, “So, let no one say that he has no money to deliver power for the entire country. This is the limit to which the law allows us to do, but we have done this to make a statement that power can be generated. So, when they come with lies that power is impossible, you can tell them that we have power here; we make it possible”.

The project, courtesy of the state government, in partnership with Heritage Bank, is to serve Lagos State Water Corporations in Lekki Phase 1, Oniru, Victoria Island and Ikoyi, as well as over 25km of public lightening in the Lekki axis.

http://dailyindependentnig.com/2015/03/can-provide-stable-power-eight-months-fashola-boasts/
Re: FG To End Electricity Subsidy In 2027 by Ebubu6: 7:40pm On Aug 28
givedemwotowoto:
If you like collect ₦20,000 kpa and vote for Tinubu, that money will be taken back through your electricity bill

If you like stay home because you think votes don't count, that trouble wey you de avoid go find you come house when electricity bill arrives
Let the electricity subsidy end.

And let government make minimum wage 200k

Simple and short.

Thank God Tinubu will win and electricity subsidy will end in 2027 January.
Re: FG To End Electricity Subsidy In 2027 by jaxxy(m): 7:40pm On Aug 28
Jakarta:
Yes it should be stopped, the current subsidy structure is making Discos very lazy and incompetent. Let's see how they will collect cost reflective tarriffs, without providing cost reflective services.
Apc's plan to to finish nigerians fininally with shege promax ultra. Godforbid undecided
Re: FG To End Electricity Subsidy In 2027 by Sirianese(m): 7:43pm On Aug 28
Re: FG To End Electricity Subsidy In 2027 by nairalanda1(m): 7:43pm On Aug 28
WatchYourSix:
lol…. U are the one rejecting subsidy but it’s me u are quoting Wayne for…. lol… u are comedian …
Ur govt is robbing you yet are taking loans… so why are they not taking loans to ease the tension of the pple ….

U go and sit abroad and be supporting govt to keep robbing Nigerians…. shiorrr!!
Abuse is the language of the man who knows he has lost the argument.
Re: FG To End Electricity Subsidy In 2027 by WatchYourSix: 7:45pm On Aug 28
nairalanda1:
Abuse is the language of the man who knows he has lost the argument.
Abuse??
Guy ….go and sit down if u dont have anything to say…
Re: FG To End Electricity Subsidy In 2027 by Ashawoman82: 7:46pm On Aug 28
nairalanda1:
It is also why we lost four NNPC refineries, and why the electricity sector is bad.

Subsidies on electricity prevent the sector from making a profit. Say you budget X amount for electricity subsidy. Prices of gas can rise, and other costs associated with electricity, including maintenance costs can rise, pushing the cost of the subsidy higher than the government budget for it.shame on u.. I hope the stipend they pay u will be able to sustain u come 2027.

Since the cost of subsidy has risen, how do you think government would pay for it? By borrowing, and thus our debt goes up.
Re: FG To End Electricity Subsidy In 2027 by nairalanda1(m): 7:48pm On Aug 28
WatchYourSix:
Abuse??
Guy ….go and sit down if u dont have anything to say…
Well.we tried subsidy for over 50 years, it is not working

And you still want us to keep trying it?

It shows you don't have anything.

So, you get abusive
1 2 3 4 5 6 7 Reply

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