₦airaland Forum

TOPCRUISE:
This calls for a revolution

paix:
Can you spearhead the action?

He recalled that recently various speakers and president of the African Development Bank (ADfB) had said that without a cost-effective tariff, which is the fundamental in the power sector, Nigeria may not be able to get uninterrupted power supply.

“Once there is cost-reflective tariff and all the critical enablers, investors love profit and would want to make legitimate money,” he explained. “All those things we want to put in place can be put in place if the fundamentals are right.”
He declared that the major reason DISCOS are not doing well is because of lack of cost-reflective tariff.

“DISCOS are supposed to use N305 per dollar to charge consumers for the power they are using, instead they are using N199 to a dollar, so if the equipment got by DISCOS goes for N360 per dollar, which is the open market rate, then there is a big issue, we can’t be using N199 for DISCOS to charge consumers whereas generation charge DISCOS at N305 per dollar, someone is losing money and it’s the DISCOS.

TOPCRUISE:
If you are with me. I will

adecz:
These current crop of leaders
are simply brain dead....... God!!!


Make God in his infinite mercy no
allow person born dunce like the lifeless one.


Tufiakwa!!

“DISCOS are supposed to use N305 per dollar to charge consumers for the power they are using, instead they are using N199 to a dollar, so if the equipment got by DISCOS goes for N360 per dollar, which is the open market rate, then there is a big issue, we can’t be using N199 for DISCOS to charge consumers whereas generation charge DISCOS at N305 per dollar, someone is losing money and it’s the DISCOS.

TOPCRUISE:
This calls for a revolution

“DISCOS are supposed to use N305 per dollar to charge consumers for the power they are using, instead they are using N199 to a dollar, so if the equipment got by DISCOS goes for N360 per dollar, which is the open market rate, then there is a big issue, we can’t be using N199 for DISCOS to charge consumers whereas generation charge DISCOS at N305 per dollar, someone is losing money and it’s the DISCOS.

seborrhic:
Then you will be buying generator every 2 years if you use it for ironing on a regular basis.
Solar electricity in homes is a scam.
There is very limited things solar can power,even with the ones that you install for up to N1million.
The thing is incompetence has bedeviled us for long, particularly these past 4 years

Islie:
FG to open talks on power tariff review, execution in Q3



NERC misses votive appraisal six times



https://www.newtelegraphng.com/2019/05/fresh-electricity-tariff-hike-underway/

tactius:
And then there is this




In other words, DISCOS are being forced to pay for power production below the production cost...which is preventing them from making a profit..and making investment

I know a lot of Nigerians are going to shout APC is evil and some will blame PDP...but the honest truth is, we cannot be underpaying our power sector and be exepcting improved power.

The funny thing is that most Nigerians would compain if government forced them to sell below production price of their goods...but are not complaining when the same happens to power.

We have to accept reality. Our oil revenue is low, and we are running into debt to stay above water. Let the DISOCS charge their prices, make their profit, and things will in time get better.

Sorry, you can insult me, but fact is effing fact.

GAZZUZZ:
I strongly disagree. My 930k solar/inverter/battery system has served over a year without issues, I will expand it by another 1m to take care of cooling appliances only.

SarkinYarki:
Soon zombies will all die of hunger and will not be able to pay for the unstable electricity

adecz:
These current crop of leaders
are simply brain dead....... God!!!


Make God in his infinite mercy no
allow person born dunce like the lifeless one.


Tufiakwa!!

tactius:
And then there is this




In other words, DISCOS are being forced to pay for power production below the production cost...which is preventing them from making a profit..and making investment

I know a lot of Nigerians are going to shout APC is evil and some will blame PDP...but the honest truth is, we cannot be underpaying our power sector and be exepcting improved power.

The funny thing is that most Nigerians would compain if government forced them to sell below production price of their goods...but are not complaining when the same happens to power.

We have to accept reality. Our oil revenue is low, and we are running into debt to stay above water. Let the DISOCS charge their prices, make their profit, and things will in time get better.

Sorry, you can insult me, but fact is effing fact.

Islie:
FG to open talks on power tariff review, execution in Q3



NERC misses votive appraisal six times



https://www.newtelegraphng.com/2019/05/fresh-electricity-tariff-hike-underway/

veekid:
Most of y'all need to be schooled Buhari, Nigeria is a scam, you signed new minimum wage in to Bill and the following moment, prices of goods and services start to climb ... What's the efficiency of the increment? Collect increment to pay increment.

Abeg, IBEDC should increase tarrif ooo, make them increase my own salary too.

HBD my brother ..... Happney65

seborrhic:
Then you will be buying generator every 2 years if you use it for ironing on a regular basis.
Solar electricity in homes is a scam.
There is very limited things solar can power,even with the ones that you install for up to N1million.
The thing is incompetence has bedeviled us for long, particularly these past 4 years

GAZZUZZ:
I strongly disagree. My 930k solar/inverter/battery system has served over a year without issues, I will expand it by another 1m to take care of cooling appliances only.

GAZZUZZ:
Theres a limit to which you can hike, once nepa cost pass fueling gen, all man go use Generator.

at this point in time, I will expand by solar panels, and batteries to warm up for full time independence from Nepa.

ironing will be done with Gen.