₦airaland Forum

uboma:
From what the op described initially, you have given a wrong diagnosis.

Wealthierboy:
check my signature

Wealthierboy:
my fellow nairalander i get the remendy to get money.

Offpoint:
From the look and his hairstyle and outfit... he was doing 190. He got lucky the driver seat area was less impacted. He should thank his God his time isn't that day.


No matter how fast you drive you'll never get to your destination an hour earlier, that's what they don't understand.

mapet:
I think I will have to rest it here with you. I'm not seeing any intellectual value in discourse with you

mapet:
1. I see a lot ignorance in your submission
2. Reality check - Landing cost of a Unit (KWh) of Power = ~N40. End user price for domestic consumers= ~N27. The margins hitherto were subsidised by the industrial clusters, many of whom have now "resorted" generating their own power.
3. The decision to privatise power means that we are expected to pay for what we end up consuming; "rich" or "poor". What we are experiencing today is actually a transition to a willing-buyer-willing-seller & free market business. Investors will shy away from markets where you subsidize over-regulate as it signals problems to recoup investments.
4. This arrangement with Magodo residents is not new. It is part of what was in the privatisation arrangements that was not activated by the previous governments. If Gencos have excess power to sell, and Discos are not taking it, and there are clusters willing to pay for it, it does stand logic on its head not to bridge this gap
5. Pray tell, how will metered-people have no electricity as you suggested? You left this hanging. How will people that are paying "equitably" for power will not be supply power? It does not make sense.
6. How will power be sold to the highest bidder at the expense of "poor Nigerians"? You want power to continue to be subsidized yet you alluded that an era is coming where power will not be available. How can power be available when people cannot pay up to the landing cost of a unit of power?
7. The Discos now have an incentive to collect more power from the GENCOs and sell. Prior to now Discos had been "dropping" (load-shedding) power supplied from GENCOs under various excuses of under-recovery, Metering gaps etc. When people sign-on to schemes like these, it is an incentive that both the Gencos & Discos will break even and make profit.
8. Why not license independent companies to provide power for small clusters you ask. First off there is already of provision for that in NERC regulation, that independent companies can be licensed up to 2MW to provide power for small clusters. The big question is, aside from few, why are companies not taking the option at the moment? When you consider the additional investments in terms of laying their own off-grid infrastructures (they cannot use Disco's infrastructure except they sell their produced power to the Discos) and the landing cost of such power, you will realize that this current one is probably a cheaper deal.
9. Finally, it seems abusing government almost all the time is one of the easiest thing to do, but I suggest we something check our knowledge gaps sometimes before we do so.

mapet:
Whatever rocks your boat...... For someone with "pedestrian" knowledge and exposure in Gas-2-power business......hmm

mapet:
Such a irony! You work in a natural gas delivery company and you make arguments with so much gaps?

seunmsg:
What kind of fuckery is this? How can electricity be a social emenity? All over the world, users of electricity pay for what they use. It is never a free social service.

ADMAF:
Oga, if you don't know by now that a ridiculous number of Nigerians either try to bypass or negotiate underpayments with officials then u may not understand my point. The problem is nt d price, the problem is that payment burden that should have ordinarily been borne by the majority would simply have to be carried by a few who know the value of the service.

ADMAF:
I just laugh. I guess u think cos u prob use prepaid, it has to be same in every house? A disproportionate number of Nigerians try to cut corners to avoid paying, either by underpayment on the prepaid meters, illegal reconnection to the grid or lack of meters.
Likewise, power generation may be insufficient I admit, but If we all desire constant elect generation, we Can't help but make the kinds of comp made by residents of Magodo.

ADMAF:
Go to the UK or U.S and say this. Even d ppl u speaking on behalf of will look at u like a glutton. If we ever want efficient power delivery in Nigeria, we'll have to pay for it, simple. In the Developed Countries we often cite as good xamples, ppl pay precious money to use light. We re too used to free things, we won't develop like this.