Corruption!!!

allthingsgood:
Can u even pay for the 24/7 light.

Mistakemaker:

Generate it first.. Let those who can pay do.. Afterall not all Nigerians can pay for 2b naira mansion but some still live in them

Sincerely, I doubt if Nigerians can pay.

A market breakthrough price will be.like 60/70naira per kw unit.

Nigerians were formerly paying between 21 and 30 naira before the recent increase. And even as at then, if they supply consistent 15hrs in a month, an average 3 bedroom family house will be paying like 30k at the end of the month.

If a true price is charged and there is 20hrs of power, an average 3-bedroom family house eill be paying 50/60k per month.

MarrisManah:

Please how much is the price for 24/7 light...? We want to know.

dukeprince50:
not just PMB but all our past leaders are useless, infact PMB administration brought up the idea of nuclear energy but we kicked against it cos we are scared it will be mismanaged and cause a disaster but we forget nuclear energy is the neatest and most environmental friendly

There have been suggestions about nuclear energy in the past. However, nothing fruitful has ever come out of it.

I don't think 100yrs now we can have...

http://www.paypalnaija.com

dukeprince50:
if there is power, industries will grow.
if industries grow, more industries will spring up.
if more industries spring up, there will be job.
if there is job, there will be money.
if there is money, we can pay for power

You are a wise man.
You have said well.

Simply answer: P-O-L-I-T-R-I-C-K-S!

eeetuk:
Claim that incompetent leadership is what is stopping Nigeria from having 24/7 electricity is half true. The problem is Nigerian government and Nigerians don’t focus on education and jobs training in areas likely to help Nigeria to build steady electricity supply.

Five years ago, I visited 10 American universities to investigate what Nigerian students were studying when they arrived in the United States. In the process, I interviewed 612 Nigerian students.

And this was what I found:
1. 80% Business Administration
2. 10% Accounting
3. 5% Marketing
4. 3% Economics
5. 1% Computer Science
6. 1% Social work

I also found that no Nigerian was studying engineering, electronic, Mechanical engineering, physics, or other science fields.

For Nigeria to have 24/7 electricity supply, local expertise is key. Foreign countries don’t sell their ideas to others. They make products from their ideas and sell them in form of products and services.

And the worst part is Nigeria is a black country—which means we are always viewed as threat.

It should be noted that in the mid 1970s, west Germany pull out of the contract with Nigeria to build Ajaokuta steel company because western countries thought Nigeria was going to use the steel company to build bombs to attack the west. These countries are still around and they will never teach Nigeria how build its own electricity.

So, for Nigeria to have a steady and sustainable power supply, it has to stop giving scholarship to Nigerians to study business. Instead, Nigeria needs to hand scholarship to those who are going to study science and technology.

In addition, Nigerian government should challenge Nigerians by putting out a reward for any Nigerian who is capable of developing a successful electricity company.

This reward should be in the amount of $5millin to $100million. If the Nigerian put this reward out, we will see a local company in Nigeria develops a steady power supply within one to five years.

While I applaud the federal government of Nigeria effort in its recent engagement with foreign companies and government about finding solution to irregular power supply, I don’t believe it is a lasting solution.

I think these foreign company chasing contract to build electricity supply is trying to rip off the government. When they get their money, they are gone.

This is by far the most concrete statement here. The most important factor is education coupled with business leaders to lead them.

dukeprince50:
if there is power at the right price, industries will grow.
if industries grow, more industries will spring up.
if more industries spring up, there will be job.
if there is job, there will be money.
if there is money, we can pay for power at the right price.

Fixed.

What they want is power to be sold at a rip off rate. That's the only thing that can keep the flow of their already institutionalized corruption money alive.

Mistakemaker:

Then what do the fg stand to gain by keeping it in the exclusive list and suffering the people.. To me states should be allowed to generate power and supply their states, you will find out some states will have stable electricity

States have been talking about generating power for a long time. Lagos State under thief tinubu had a very bright idea and the power generation ship was supposed to have docked in the waters off the State. The very same idea that's been working effectively in Indonesia was what he proposed.

However, I don't think the arrangements were actually executed before the Canadian company, Enron, went bankrupt (Lagosians, please help!).

And that wasn't an excuse for not enlisting the services of other companies. It was the lack of the will to elevate the electorate who elected him and Lagosians in general.

Similarly, thief lucky igbinedion's first term in office was characterized by the incessant announcement of forging a partnership with Kogi State to enable both states generate power from the white elephant problem steel plant in Kogi State.

However, nothing ever came out of all the recommendations from the various adhoc committees which were constituted.

darediamond:


International Powers That Be Are The One BEHIND NIGERIA'S MAJOR PROBLEMS.

Nigeria is Systematically being CHECMATED because if allowed to THRIVED, BRITAIN AND FRANCE grip on at least AFRICA continent is 1,000,000% gone!!

Nigeria have the HUMAN RESOURCES AND NATURAL RESOURCES CAPABILITIES TO BECOME A WORLD POWER OF AT LEAST A FULL FLEDGED REGIONAL WORLD POWER!!

BRITAIN AND FRANCE IS SEEING THIS IN NIGERIA ****and we Nigerians**** have demonstrated this and still demonstrating it till now!!

A small example is the minor bother closure which makes most WEST AFRICAN COUNTRIES start directly and indirectly begging US to please saanu aje! Imagine that!!

Now if Nigeria is left to develop properly without the interference of those 2 mentioned COLONIALISTS, what would have happened to there hand hold on Africa?

The Sabotage you are seeing here and there is not Ordinary. Behind the Scenes, it is internationally Organized.

Think about it: Howcome O.B.J a SOUTHERNER work to nearly erase Nigeria debt and increase Nigeria's foreign Researve but BUHARI is working on the contrary?

Link the dots and you will get the Bigger Picture

Well I understand your point.. On the issue of Buhari, he's clueless and possibly doesn't know what he's doing.. But even south Africa, Egypt and several other African countries have stable light, I think besides the colonialists, the faulty Nigerian leadership counts very much

highness25:


Ask Buhari.

Please how can I reach out to him?

irepnaija4eva:



Gbam.. This what I have been hammering for a long time.. The states should handle power generation within there jurisdiction.

Such condition will bring about a substantial level of employment, and a huge internal revenue generation for the state, then maybe 10% of the profit should be attributed to the federal government....

Life Ana agaga..

They dont have the resources. What is bedeviling the power industry is similar to the downstream petroleum industry.

The govt is pampering the masses and subsidising the sectors. Therefore investments there is not making sense for now.

The state govts do not have the financial resources for such investments that may not yield profit on the short term.

agabusta:




Sincerely, I doubt if Nigerians can pay.

A market breakthrough price will be.like 60/70naira per kw unit.

Nigerians were formerly paying between 21 and 30 naira before the recent increase. And even as at then, if they supply consistent 15hrs in a month, an average 3 bedroom family house will be paying like 30k at the end of the month.

If a true price is charged and there is 20hrs of power, an average 3-bedroom family house eill be paying 50/60k per month.

There is nothing like you doubt if Nigerians can pay.. Electricity should be pay as you go using metres and if your recharge finishes then you won't have light.. Are you saying poor people in overseas also can't pay for their light? U sef reason am naw

olmoRoc:


States have been talking about generating power for a long time. Lagos State under thief tinubu had a very bright idea and the power generation ship was supposed to have docked in the waters off the State. The very same idea that's been working effectively in Indonesia was what he proposed.

However, I don't think the arrangements were actually executed before the Canadian company, Enron, went bankrupt (Lagosians, please help!).

And that wasn't an excuse for not enlisting the services of other companies. It was the lack of the will to elevate the electorate who elected him and Lagosians in general.

Similarly, thief lucky igbinedion's first term in office was characterized by the incessant announcement of forging a partnership with Kogi State to enable both states generate power from the white elephant problem steel plant in Kogi State.

However, nothing ever came out of all the recommendations from the various adhoc committees which were constituted.

If not for anything, lagos state can Atleast start it's own power generation and other states emulate

Mistakemaker:

Please how can I reach out to him?

Check TVC or Channels Television. He's always in the news

highness25:


Check TVC or Channels Television. He's always in the news

Ooh... I thought u had something meaningful like others who commented.. Bye

agabusta:


They dont have the resources. What is bedeviling the power industry is similar to the downstream petroleum industry.

The govt is pampering the masses and subsidising the sectors. Therefore investments there is not making sense for now.

The state govts do not have the financial resources for such investments that may not yield profit on the short term.

They don't have the resources really? But how come canan land is able to generate their own light? Are they now richer than states? Tell me something

Mistakemaker:

There is nothing like you doubt if Nigerians can pay.. Electricity should be pay as you go using metres and if your recharge finishes then you won't have light.. Are you saying poor people in overseas also can't pay for their light? U sef reason am naw

Majority of Nigerians want cheap stuff but readily available. Cheap fuel, but always available. Cheap power but available 24/7. Power and fuel are not cheap in standardized markets.

Obtain the cost of power in the UK and US and convert it to naira. Calculate it over an average load for a month and you'll be shocked at the cost.

Elecrticity does not compulsory have to be pay as you go. It's just more applicable to our environment, where both the biller and the billed are fraudulent. It's still same thing either prepaid or postpaid.

Currently, its only Enugu disco that gives MD customers prepaid. All the others still use postpaid metres.

This recent increase has still not matched up as a cost reflective price. But just hold on for some weeks when people start recharging/get their bills, you will hear the noise and groaning.

Mistakemaker:

They don't have the resources really? But how come canan land is able to generate their own light? Are they now richer than states? Tell me something

What's the population of Canann land. Do you have an idea of their power load?

We can break it down, get the cost of power, then look at population of a town and the power load requirement and also at the revenue of states vis a vis other areas of the state that needs funding.

I dont know about Cannanland but I heard that RCCG is charging like 70naira plus for power. Are the masses ready to pay that amount? Any state that invest in power and not able to charge such an amount will be doing that at a great loss! Almost all states in Naija do not have such financial resources.

Lagos state is generating power to only supply some of its personal assets like these religious bodies. To extend it to the general populace for now is practically very difficult.

agabusta:


Majority of Nigerians want cheap stuff but readily available. Cheap fuel, but always available. Cheap power but available 24/7. Power and fuel are not cheap in standardized markets.

Obtain the cost of power in the UK and US and convert it to naira. Calculate it over an average load for a month and you'll be shocked at the cost.

Elecrticity does not a compulsory have to be pay as you go. It's just more applicable to our environment, where both the biller and the billed are fraudulent. It's still same thing either prepaid or postpaid.

Currently, its only Enugu disco that gives MD customers prepaid. All the others still use postpaid metres.

This recent increase has still not matched up as a cost reflective price. But just hold on for some weeks when people start recharging/get their bills, you will hear the noise and groaning.

do you research properly you can survive on a basic salary in advanced countries but can the same be said about Nigeria. If I was to pay you 30 thousand naira a month which majority of employers even state governments refused to pay can you pay your rent if it's monthly pay your bills and take care of yourself ? But that's how it works in other countries . Mind you a Nigerian senator earns almost 4 times what the president of the US is earnings so why can't the minimum wage in Nigeria be 4 times that of the US

agabusta:




Sincerely, I doubt if Nigerians can pay.

A market breakthrough price will be.like 60/70naira per kw unit.

Nigerians were formerly paying between 21 and 30 naira before the recent increase. And even as at then, if they supply consistent 15hrs in a month, an average 3 bedroom family house will be paying like 30k at the end of the month.

If a true price is charged and there is 20hrs of power, an average 3-bedroom family house eill be paying 50/60k per month.

Nigerians can depending on certain things. If for consumption or luxury use I doubt they can, If for productive use, they surely can pay. The question you need to ask is what is the cost of the alternative to PHCH at that rate (N60 per kWh? Petrol is a least N100 per KWh. Diesel is more scale friendly but not as cheap as a PHCN. So for an industry needing thousands of KWh it makes sense to buy at N60 per KWh than cause pollution and waste money.

agabusta:


What's the population of Canann land. Do you have an idea of their power load?

We can break it down, get the cost of power, then look at population of a town and the power load requirement and also at the revenue of states vis a vis other areas of the state that needs funding.

I dont know about Cannanland but I heard that RCCG is charging like 70naira plus for power. Are the masses ready to pay that amount? Any state that invest in power and not able to charge such an amount will be doing that at a great loss! Almost all states in Naija do not have such financial resources.

Lagos state is generating power to only supply some of its personal assets like these religious bodies. To extend it to the general populace for now is practically very difficult.

N70 per KWh isn't as bad as you think. If everyone is conscious of what eats up their power and the cost of alternative power source, they will jump at N70 that's predictable and can be planned with.

lexander:
do you research properly you can survive on a basic salary in advanced countries but can the same be said about Nigeria. If I was to pay you 30 thousand naira a month which majority of employers even state governments refused to pay can you pay your rent if it's monthly pay your bills and take care of yourself ? But that's how it works in other countries . Mind you a Nigerian senator earns almost 4 times what the president of the US is earnings so why can't the minimum wage in Nigeria be 4 times that of the US

That was what I was saying here, before people started coming for me.

agabusta:


Sincerely, I doubt if Nigerians can pay.

A market breakthrough price will be.like 60/70naira per kw unit.

Nigerians were formerly paying between 21 and 30 naira before the recent increase. And even as at then, if they supply consistent 15hrs in a month, an average 3 bedroom family house will be paying like 30k at the end of the month.

If a true price is charged and there is 20hrs of power, an average 3-bedroom family house eill be paying 50/60k per month.

CodeTemplar:
N70 per KWh isn't as bad as you think. If everyone is conscious of what eats up their power and the cost of alternative power source, they will jump at N70 that's predictable and can be planned with.

Good insight.

agabusta:


Majority of Nigerians want cheap stuff but readily available. Cheap fuel, but always available. Cheap power but available 24/7. Power and fuel are not cheap in standardized markets.

Obtain the cost of power in the UK and US and convert it to naira. Calculate it over an average load for a month and you'll be shocked at the cost.

Elecrticity does not a compulsory have to be pay as you go. It's just more applicable to our environment, where both the biller and the billed are fraudulent. It's still same thing either prepaid or postpaid.

Currently, its only Enugu disco that gives MD customers prepaid. All the others still use postpaid metres.

This recent increase has still not matched up as a cost reflective price. But just hold on for some weeks when people start recharging/get their bills, you will hear the noise and groaning.

They should groan.. Actually is not about Nigerians wanting cheap stuff, they should make necessary reforms everyone will adjust or are you saying we should just remain how we are?

Cos of thievery of the political class and an excessive centralization of important sectors of the economy. Why do we need a national grid at this stage when after all these years it cannot guarantee electricity? Allow States and regions that can generate electricity and free up the grid for those that can't.
These guys know what is good cos they do travel overseas and see how things are done in advanced countries but their lust for power and unmitigated greed will never allow them replicate same here.

kikero:


I was an adult then, using a phone then, so I knew some things.

How's that a correct answer to the questions asked bud? Been a adult using a phone then kwa, did I ask if you were one?
Smh, detail the 'some things you knew' as it corresponds with the questions I asked bud .

agabusta:


They dont have the resources. What is bedeviling the power industry is similar to the downstream petroleum industry.

The govt is pampering the masses and subsidising the sectors. Therefore investments there is not making sense for now.

The state govts do not have the financial resources for such investments that may not yield profit on the short term.

My brother with 6 billion dollar.. Spread between the state with power stations will be the game changer

Kainji dam can take care of the north with no hassle..
EDO state has power station.
Imo state has.
Enugu coal power station.
PH has power station.
Akwa ibom,
Ekiti state.
Lagos..

Bro all State has the potential to power themselves.

kikero:


Because we sell power at a cost less than what we produce it, complicated by the fact that as much as 40-50% of people don't pay their bills, and even when there is meter, some bypass the meter....that means that the power sector does not have enough money to make the needed improvements

In fact the power sector is in a one trillion naira hole financially . All the discos and gencos are running at a loss.

Modified

Going through the thread I see that people are ready to blame everyone, Buhari and GEJ inclusive for the power problem.

The reason why we don't have light is because in Nigeria we think we can get a Ferrari for the price of a bicycle.

Yesterday I told someone the actual cost of power in this country as related by ex CBN bigwig Moghalu, and he accused me of lying.

We know power costs a lot of money, but accepting that truth, that in order to have stable power we need to pay as much as 60 naira per kWh is too painful

So we blame the Hausas, Buhari, the IMF, GEJ, the discos, the gencos, the executive list , etc etc.

Meanwhile most of us refuse to pay our bills, chase electricity workers with cutlasses , bypass meters, and cheat on our bills and we expect light 24/7

I think Nigerians tend to live in sugar candy land too much

This is the plain truth!

frankyychiji:
This is sarcasm right?

We dont

Mistakemaker:

Ooh... I thought u had something meaningful like others who commented.. Bye

I thought you had something reasonable to tell him, I didn't know you just wanted to spill this type of thing you just commented.