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Nairaland Forum / Nairaland / General / Politics / Nigerians To Pay More For Electricity Consumption (23679 Views)
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Re: Nigerians To Pay More For Electricity Consumption by Mydazz(m): 12:04pm On Aug 22, 2019 |
Naijafull19: While I commend your analysis, you failed to point out that Gencos are the major issue in Nigeria electricity problems,...... The total power generatEd in Nigeria cannot power just the southwestern part effectively. |
Re: Nigerians To Pay More For Electricity Consumption by otokx(m): 12:07pm On Aug 22, 2019 |
Until then, we are waiting. |
Re: Nigerians To Pay More For Electricity Consumption by Deepthoughts: 12:11pm On Aug 22, 2019 |
ijustdey:As long as the government/discos will not installed metres to eliminate estimated billing,I will never pay more 3k per month for electricity irrespective of the bill brought, shikena. 1 Like |
Re: Nigerians To Pay More For Electricity Consumption by shadeyinka(m): 12:16pm On Aug 22, 2019 |
wirinet: Naijafull19: Do you truly think that the problem of electricity distribution is caused by UNDERBILLING? I think the problem is under-generation: Nigeria needs about 16GW and we produce 3.5GW. DISCOS don't generate, they distribute what is available. I don't think it is fair to compare cost of production of electricity outside the country (specifically western world) with Nigeria unless Nigerians are PAID in Dollar equivalent of what their counterparts outside the country are paying. 3 Likes |
Re: Nigerians To Pay More For Electricity Consumption by Unclesamo(m): 12:19pm On Aug 22, 2019 |
Chizuru01:. no Government has ever cared. they are both the same. 3 Likes |
Re: Nigerians To Pay More For Electricity Consumption by Deepthoughts: 12:21pm On Aug 22, 2019 |
ijustdey:As long as the government/discos will not installed metres to eliminate estimated billing,I will never pay more 3k per month for electricity irrespective of the bill brought, shikena. Mydazz: ijustdey:As long as the government/discos will not installed metres to eliminate estimated billing,I will never pay more 3k per month for electricity irrespective of the bill brought, shikena.I don't agree with you,just a few days ago Osibanjo himself admitted that the present generation capacity is about 8000mw+ while the transmission capacity is just about 5000mw so it's not gencos fault, even if new generation plants are built today, transmission n distribution will still be a problem, there is the need for the government to increase the amount of power a private body can generate,transmit n distribute off national grid from 1mw to at 5mw, while the other aspect of power are address,I believe this will bring about a massive improvement in the power business sector within a very short time n contribute to economic growth n national development. 1 Like |
Re: Nigerians To Pay More For Electricity Consumption by DJInfluence: 12:21pm On Aug 22, 2019 |
what will a kilowatt cost when the current is only half as is mostly the case in Naija? 1 Like |
Re: Nigerians To Pay More For Electricity Consumption by shadeyinka(m): 12:25pm On Aug 22, 2019 |
Naijafull19:Your argument I must confess is myopic. How can you compare MONOPOLIES like the DISCOS to GSM suppliers? On my Phone, I have MTN, GLO, AIRTEL. I have options. I have discarded all other unprofitable networks because I have a choice. Don't forget that MTN used to say that per-second billing wasn't possible until GLO came in. If IEDC is epileptic and AEDC is fantastic, can I migrate from IEDC to AEDC? Your argument is flawed. Show me just one DISCOS that is selling electricity below the cost price? Just one is enough 3 Likes |
Re: Nigerians To Pay More For Electricity Consumption by AK481(m): 12:33pm On Aug 22, 2019 |
wirinet:In monopoly,u cannot increase price and quantity demand at the same time ,read ur market structure note in economics if u have one. The increase will create Reduction in consumption and hence reduction in their total revenue Electricity theft will be on the rise. This will further impoverished the disco. 1 Like |
Re: Nigerians To Pay More For Electricity Consumption by Mydazz(m): 12:37pm On Aug 22, 2019 |
Deepthoughts: I understand you quite right, but I still maintain that what is generated isn't enough, I believe power generation should be knocked out of the exclusive list so that each state can have plans for power within their territory from generation to distribution,..... this will even give each state the opportunity to use the most cost effective means of power generation whether it's gas, hydro or solar or even combination of any of these and others. |
Re: Nigerians To Pay More For Electricity Consumption by hrykanu231(m): 12:37pm On Aug 22, 2019 |
krattoss: Have they delivered after this one we have paid? 1 Like |
Re: Nigerians To Pay More For Electricity Consumption by Deepthoughts: 12:42pm On Aug 22, 2019 |
Mydazz:we are basically on the same page then. 1 Like |
Re: Nigerians To Pay More For Electricity Consumption by Jaqenhghar: 12:43pm On Aug 22, 2019 |
Reference:This analysis while it makes sense, you should also know that this country is a place where the simplest things are the most difficult to do. It comes down to simply doing what one needs to do to achieve something. I dont think the other countries that have moved past power are enjoying what they do because metals are cheap. Id say its because everyone inderstands how the little things contribute to a greater good. We on the other hand think doing your job = being stupid. This incompetence is not just in the power sector but in every sector. We have not fully understood how cause and effect works in life. You want electricity 2-4 but you dont want to carry out the necessary maintainence to ensure the machines run. Like someone said here maybe we have not fully evolved as human beings. That being said I laugh because the people this concerns are happy about the situation. Niggerians are attuned to suffering and pain thats why even when they ask them to protedt they will rather protect their oppressors. Let them continue. 1 Like |
Re: Nigerians To Pay More For Electricity Consumption by Bahddo(m): 12:54pm On Aug 22, 2019 |
wirinet:the truth is that we don't even produce enough electricity to go round. Current tariff is not even remotely the reason there is more darkness than light. 1 Like |
Re: Nigerians To Pay More For Electricity Consumption by omooajisnooni: 1:08pm On Aug 22, 2019 |
ijustdey: Even with the Sawmill bill you are giving us before? issorite |
Re: Nigerians To Pay More For Electricity Consumption by Nobody: 1:35pm On Aug 22, 2019 |
shadeyinka: The reason why the DISCOS are like that is because the enabling law that set them up set them up made them regional monopolies...and as a result, there is no competition. (Similar mistake was made under the CMDA mobile system...which once upon a time was rivaling GSM. ). |
Re: Nigerians To Pay More For Electricity Consumption by Nobody: 1:36pm On Aug 22, 2019 |
shadeyinka: DISCOS reject power from GENCOS because ...underbilling. means they cannot make enough of a profit to pay GENCOS. Then there is the fact that we need money in the hundreds of billions to fix power. Price controls is not the way forward to raising the cash. |
Re: Nigerians To Pay More For Electricity Consumption by Nobody: 1:37pm On Aug 22, 2019 |
Mydazz: Because the GENCOS aren't earning enough cash to fund their operations from the DISCOS due to poor returns from bills collected. And we need the money to raise generating power.... 1 Like |
Re: Nigerians To Pay More For Electricity Consumption by Nobody: 1:39pm On Aug 22, 2019 |
philos: Actually we don't have enough money. We are broke. Oil, our major earner, needs to be sold at $140 PER barrel before we can run a budget sans borrowing. Plus, we don't earn enough from Agric. Corruption makes a bad problem worse. |
Re: Nigerians To Pay More For Electricity Consumption by Nobody: 1:40pm On Aug 22, 2019 |
ThothHermes: Good afternoon. Do have a nice day |
Re: Nigerians To Pay More For Electricity Consumption by Nobody: 1:42pm On Aug 22, 2019 |
ollah2: I did not insult you. I did not abuse you, but you abused me. You are an adult. Please respect yourself. Make your points without casting aspersions on myself. Grow up please. Thank you. |
Re: Nigerians To Pay More For Electricity Consumption by Nobody: 1:45pm On Aug 22, 2019 |
toolovely: GSM has a lot of operators because when they were set up, governmnet did not bring in a law forcing them to charge prices below the cost of production//making a call. So, investment flowed in, and more companies entered the market. Simples. DISCOS have to charge below the cost of production of power (which is why they reject the power that GENCOS supply)...so they cannot be profitable...and this also keeps foreign investment and investment from banks away. Meaning...no infrastructure development. I hate making the argument really, but if we want sustainable power supply, we have to pay the adequate price for it. |
Re: Nigerians To Pay More For Electricity Consumption by shadeyinka(m): 1:51pm On Aug 22, 2019 |
Naijafull19:Point pleasant of correction sir, DISCOS reject power from GENCOS because 1. They make money from estimated billings which is more profitable than actual sale of power. 2. Logically if what you use is what you pay (Prepaid System): DISCOS will make more money when they distribute more power. It is not us (Nigerians) who need the Billions to upgrade generation of power: it is the GENCOS that need to find the Billions. And they are investors, they know the way to the bank or to attract foreign investors. It's like saying because the Transporter need a new vehicle to transport commuters from Lagos to Abuja, commuters should begin to pay N50,000 per trip. It doesn't make sense. 1 Like |
Re: Nigerians To Pay More For Electricity Consumption by Thesunnys: 2:22pm On Aug 22, 2019 |
Next level Nigerian 1 Like |
Re: Nigerians To Pay More For Electricity Consumption by femi4: 2:22pm On Aug 22, 2019 |
krattoss:That's not the issue . How many people are enjoying the light. The news is more like saying that we are paying more for darkness 1 Like |
Re: Nigerians To Pay More For Electricity Consumption by middlebelter(m): 2:27pm On Aug 22, 2019 |
helinues: What is the role of Babatunde Raji Fashola here? He's no more the minister of power. |
Re: Nigerians To Pay More For Electricity Consumption by Rolly22(m): 2:42pm On Aug 22, 2019 |
Even if Nigerians are paying one million Naira every month, we would never still experience steady power supply. 1 Like |
Re: Nigerians To Pay More For Electricity Consumption by godofuck231: 2:49pm On Aug 22, 2019 |
That's no problem as far as fuel price is low ,after all no power in nigeria , so they can hold the power to their selves, Buhari’s next level unpacked! |
Re: Nigerians To Pay More For Electricity Consumption by ThothHermes: 2:55pm On Aug 22, 2019 |
Naijafull19:Whatever. |
Re: Nigerians To Pay More For Electricity Consumption by chibjohn(m): 2:59pm On Aug 22, 2019 |
bentwood85:The bolded is a lie. We do not operate majorly on Hydro Power generation. We have more fossil fuel generation plants than hydro in Nigeria. |
Re: Nigerians To Pay More For Electricity Consumption by bentwood85(m): 3:05pm On Aug 22, 2019 |
chibjohn: Alright.... Thanks |
Re: Nigerians To Pay More For Electricity Consumption by bensowe(m): 3:31pm On Aug 22, 2019 |
who told you that?
Here in Madagascar, we pay about #33 per kw |
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