₦airaland Forum

Must every NHIS head become a criminal. Is there anything more dysfunctional than this.

How any rational human being will predict how the Nigerian will vote remains a mystery to me.

Just look at the state, the condition of the country they have been directing with their votes for a quarter of a century.

The only guarantee in 2027 is that the wrong person will be elected....again.

Baronthecelebri:
When will Nigeria host it

Replace the manhole covers over sewer pits and drain lines on Abuja streets that are maiming people and destroying cars first.

Then round up the scrap iron rats that will remove safety barricades if you dare install them for race day.

Third world country.

Can this happen in New York, Paris, London or Moscow. The electric company will go bankrupt from civil suits arising from the bankruptcy of it's customers.

Imagine the tube or subway not working for a month. The Mayor will have to resign.

COMPAQ:
Its not the job of any state government to be building power plants. Thats what the private sector is there for!!

They can partner to own a business stake, they can build, sell and recoup investment. The end game is to have it not necessarily to run it as a business which is a complete no, no for me.

PresidObi:
I was also citing an example, there is no figures to back up any figures, the N100 you claim could actually be 15 naira spent and some corrupt persons are trying to collect N100 from us. No records anywhere. No transparency.

I also agree that the lack of transparency brings suspicion of price gouging. But the only antidote to this is investment to create alternatives, competition.

We have just seen this with Dangote to prove what the real price of petroleum products are. Unfortunately the NNPC has failed to ensure the race continues.

CodeTemplarr:
well, regulators dont operate by speculations. They consult the books in extreme cases and draw a fair plan for all from that. If the state feels electricity generation is much cheaper and they are being ripped off, that's what open market is there for. Let them generate their own power at the ridiculous rate and sell accordingly. No need to hijack another man's produce and be dictating price based on hate for the central government.
Simple as that.

Totally agree. You cannot be dictating the price of what you do not produce. I think Donald Trump is teaching bad habits round the world. You simply cannot control prices by fiat in a commercial set up.

Yes, a state like Niger with huge hydro resources should not be buying electricity at the high rates these gas plants generate.

So the solution.for states is to invest in cheaper alternative to 'national power'.

The UK considered buying some power from France a short while ago when oil and gas prices went high because France generates the bulk of its energy from nuclear which is not exposed to the instability of oil prices.

So it a market,

nairalanda1:
Yep, subbutiminous coal can be used for power generation...but everyone is now chanting clean power.

A nuclear power station can generate 5GW if we had the money to build it.

Green energy is not for the poor.
Your first car should not be a Rolls Royce if you intend to live your days in peace.

They should go to China, find second hand coal plants that China doesn't need again and buy them cheap to generate cheap energy. When the country begins to prosper we can the afford nuclear or geowhatever.

The reason why there is so much funding gap and cyclical debts in the industry is because almost all our energy comes from gas. Gas is expensive to source, process and distribute round all the power stations though it is relatively clean.

We need a proper energy mix to create a viable power sector because power has to serve all the people.

Imagine this for a moment.
How many people can afford to use gas domestically in their homes and businesses on a continuous basis compared to say firewood or coal. That is close to the exact ratio of those who can afford power generated from gas as compared to say power from coal or other cheaper sources.

naptu2:
This has been a subject of massive debate and it's one of the reasons why I talk about the hypocrisy of the West.

There is global warming and everybody is talking about clean energy. Nigeria and other developing countries have been considering using coal to plug their energy gap, but the West put a lot of pressure on them not to do it because they say that coal pollutes the environment.

However, when Germany couldn't get gas from Russia due to the war in Ukraine, they quickly fired up their coal plants and nobody complained.

No, no, no. Don't mind them. Whole economies of the west rely on coal. Coal is one of the largest exports of Australia to China. The US relies heavily of coal and the economies of a couple of US states centre around coal.

Coal should not be a source of conflict for developing countries because their power needs and thus emissions will be much smaller. When their countries develop and power needs escalate then they will become rich enough to afford green energy, because it is expensive.

I think our leaders (developing world) are on the green alone bandwagon because of the carrots they receive from the west., i.e. they pay you not to develop in the real sense of it.

nairalanda1:
Even if regions developed at their own pace, power will still be expensive

Gas is very expensive, as is the equipment you need to supply power. So far, what we make in Nigeria are electricity poles, and wires (our local wires are better than foreign wires). We don't make the turbines, the furnaces, and a lot of the transmission equipment, so it is going to be expensive.

The real argument you are having here is that if there were regions, power would have been cheap. E no work that way. Power is really very expensive. I expect that any region trying to maintain cheap power would be in debt to the power companies because they would have difficulty paying subsides.

LIke now, government is still owing subsides since 2013....that is why tinubu removed subsides from band A people. TO offset some of that debt.

But gas is not the only source of energy. There are far cheaper souces such as coal or hydro. And the plants themselves don't have to be mega billion dollar undertakings.

10 megawatts here and there will eventually lead to grid stability. There are over 12,000 power plants in the US, feeding three grids, grids so advanced in some places like California that they generate both ways, i.e individual consumers with excess power, a few kilowatts here and there can feedback the energy into the grid and get paid for it.

Such cannot be possible with the limitations of one national grid.

naptu2:
You don't know the cost and that's not the problem of anybody.

In the original post the Enugu State Government stated the cost which is much higher than the tariff, but it said that FG is paying subsidy, so that's why it is reducing the tariff.

Big news: the FG is owing billions in subsidy payments.

Enugu Electricity Regulatory Commission Crashes Band A From N209 To N160 Per Kwh
https://www.nairaland.com/8479485/enugu-electricity-regulatory-commission-crashes

Proper state takeover of the power sector should end federal subsidies and the crazy unified tariffs across country.

Just listening to this on radio.
I like this squabble. It should motivate states to completely exit the so called 'national greed grid' and seek for the kind of total independence that can spur local development.

A zone like Enugu should be jumping at this opportunity. It has an essential source of energy, coal. All it takes is to fly to the experts in coal to energy, China, a country that powered itself to development reportedly building a new coal fired plant every two weeks at a certain time.

This will be credits and loans worthwhile and foreign investments that will be impactful.

Every zone should the focus on the energy resources in its locality, efficiently generate and distribute at the tariffs it sees fit. Whoever can then provide at the lowest rates will attract the industrial investments.

At the end of the season the usual story will be, 'if this player and that player had been available, we will have won the league'.

At the end of the day it is injuries and squad fitness that usually determines the best team to win a league'.

Keep your players fit and stand a serious chance. Soccer titles are not beauty contests.

The mind is such a powerful thing.
It is the womb of visions, the heartbeat of values, the eye of everything right that can be emulated.

Look at the South African Premier league. When did it start, but see how high their clubs have risen on the continental scene.

To the point that they are now the face of African football in just 25 years, with Sundowns earning 18.75 billion naira from the just concluded club world cup alone, an amount that will feed the Enyimba club squad of 40 players every day for 183 years at that ridiculous rate they are offering.

So what is fundamentally wrong with the Nigerian mind that cannot sustain visions of glory but is apt to stunt and corrode anything called development.

Why is it that in this part of the continent our better days are perpetually in the past and we just cannot organise ourselves in any way, shape or form to be successful at almost anything worthwhile.

Sometimes it feels so shameful to call oneself after this country.,

I guess the question of the day will be:

How are the 8 million Franco-phone customers faring under Canal+

Along Airport road....nawa oh.

Abuja is not well planned at all.
Is this to become another city centre or what.

Hindsight shows the CBD was just too small and the proximity of residential areas to it has created zones of distortion.

I'd like to see how this will work and how they will link both zones.

sacajawea:
Why wasn't that Sweet Potato listed amongst the items?
I see some sweet Potato there too.

IWhy will it be listed. Is sweet potato not for those looking to reduce calorie intake. We are talking about the opposite.

'An army marches on its stomach...'
Forgotten who made this famous quote.

This whole campaign is beginning to look like Stalingrad 1942. 200,000 German troops attacked that city. But due to poor logistics, and bad planning the winter ground the offensive to a halt.

General Paulus desperately called on Hitler to either push through supplies or he will have to retreat. He was rebuffed and urged to fight to the bitter end .

By February 1943 his divisions were entirely surrounded. Out of ammunition, food and medical supplies he was forced to surrender, that is he amongst the 90,000 troops left.

Hitler was enraged that his orders were disobeyed and at least Paulus has not homourably comitted suicide and prompt dismissed him from the army.

From that point it was one counter attack after the other, wholesale retreat of the German army all the way to Berlin and a lost war.

Leadership is everything. There is always a tipping point. May we not find it in this war against terror due to mismanagement. It will always be about someone's pride and greed.

Fernandeswagger:
$21B for what exactly?

Please somebody should tell me the name of this movie? You mean the FG still has to borrow this much even after saving a lot from removing subsidy?

No concern for the future generations, just keep borrowing to loot and continue your luxurious lifestyle. At this rate they might start selling Nigerians just to maintain their lifestyle.

When Nigerians are ready they'll wake up and demand accountability. For now let's keep playing while standing on his mandate abi manhood

The devil is in the detail. They know the average Nigerian is not literate or exposed to understanding the intricacies of economic decisions and more worrisome has a short attention span.

If not what are these projects to be funded by highly expensive foreign borrowing.
Whose decision is it to undertake these projects. Where were they demanded for by the public as socio-economic priorities. Was any cost benefit exercise conducted. Was any alternative funding models considered and debated. And on and on.

These are the things debated by parliaments of other countries.

Every US senator spoke on the floor in the Trump budget process and together with voting took almost 3 days and night non stop. Every dot and T cross checked because it matters to them. So they are braced for the outcome good or bad.

Here we allow the sky to fall on our heads not sure and not concerned who is raining wrath on us.

23 billion naira is a lot, a lot, a lot of money to pay back especially for a weak exporting country barely earning foreign revenue to serve it's basic needs.

I can tell you the key aspects of the recently passed US budget because of the long drawn out debates on global tv. The endless battles between the promoters and the opposers. Why they wanted this or that included and removed.

That is an economy with steady growth, single digit inflation, single digit interest rates and single digit unemployment figures. Their main issue of contention is....yes, DEBT.

Here we are neither worried about growth, about interest rates, about unemployment and about inflation, ALL caused by unproductive debts.

Yet a humongous amount is about to be added to the crippling dead weight of debt and not a single debate has been heard.

As a matter of fact the average Nigerian citizen has no idea whatsoever what this enormous amount is to be used for in clear and unambiguous detail. An amount that will hit his quality of life in the near future just like a tsunami long after the earthquake has happened.

I just cannot understand how the owners of a country, the people can be so left in the dark about the happenings of their country while the managers, the employees run it the way they like. Who runs his business, his home, his social club like this.

And you will think after the experiences of the previous administration where undebated, shoddily un/approved ways and means expenditure has become the albatross on the Nigerian neck, the people will have learnt something and insist they have a say in the way the country's economy is run.

But alas this administration has come with its own underhand economic dealings we can be cocksure the next administration will have to address and claim to clean up at enormous cost to YOU who is reading this.

The issues in the two top English speaking economies today is DEBT. Both the US and the UK are experiencing serious drops in their standards of living over the medium term because of unsustainable debt.

What are we using ours to do please.

Marleek:
Some things are just strange about this country. No matter how easy a phenomenon is, when it gets to Nigeria, it becomes difficult. We have about 8 littoral States in Nigeria
so we need at least 5 functional ports, yet the majority of our cargo goes through the heavily congested Apapa port. Why not build more?

What many right thinking people have been advocating for decades but the lazy government running on sentiment and pecuniary interests will rather have monopolies not considering the security risks and lack of capacity this poses to the country.

We are lucky not to have external aggressors. We will have learnt how to be strategic thinkers. 150,000 container business gone to the west coast neighbour. That is not only capital flight but a negative balance of trade.

Absolutely not. Except you have a good supply of spare kidneys.

DesChyko:
Something terrible must have happened. All the players look distressed.

The affected player is lying down, hands on her head and in tears.

Leg injury. Perhaps a fracture.

Nazgul:
74 minutes and our coach hasn't done any substitution. Our players are obviously very tired. We need fresh legs.

One sub has been made.but looks like a forced one due to injury.

We better not enter extra time.

Reference:
Is it now the gaffer is getting angry....
These guys should understand one of the grand old laws of soccer.... take your chances. Tournament knock out is nothing but clutch play.

See that near goal, hacked off the line..... clutch play.

All the momentum is with SA, all the frustration and tiredness is with the Falcons.

It will take quality coaching to win this match from here on.

Is it now the gaffer is getting angry....
These guys should understand one of the grand old laws of soccer.... take your chances. Tournament knock out is nothing but clutch play.

Occurstaem:
How was that even a penalty?

Any tug back in the box on forward play is a clear pen.

Said it. Weak mentality typical of Nigerian teams. By now we should have ended this match as a contest.

Can't see why the coach cannot see he has a problem with his strikers and make the adjustments.

If not for the first half penalty we would be chasing the game despite the numerous chances created.

The Nigerian team is better in most departments. They press quite well and are aggressive in defending. But the forwards can do better. We should be over the hill and far away if they had converted half their half chances.

This is a semi final and anything can happen.... as we have just seen.

Look at the condition of Nigeria and go figure.

Deepening illiteracy, worsening ignorance fueling extremism, corruption and corroding values across board making Nigeria a perpetually better place yesterday.

Knowledge's first born is liberty. Knowledge sets free. Freedom of a people to chart their course to prosperity. But here we are crushing institutions and elevating strongmen to autocratic status, and the feudalism that means 200 million medieval citizens depend on a king to think for them.

Ten06:
We need more of these chaos. It is chaos like this that will lead to breakthrough in the electricity generation and distribution in this country. The monopoly of electricity in this country has been giving some people opportunity to milk the citizens of their hard earn money

Totally agree.
The industry remains opaque as far as financial figures are concerned. All we hear is what they want us to hear, public debts and liabilities. There isn't anyone on this side verifying anything.

Just read the entire thing.

First and foremost. With the decentralisation and states/regions having their service independence perhaps EEDC feels its share of the 4 trillion debt, legacy or not is insignificant or perhaps manageable so they are willing to take it on.

But what I also think is that they are looking at the whole industry with a view to creating a healthy balance between supply and demand. For just as it is easy for the vendors to say right pricing or supply collapse, it is also incumbent fir them to realuse that wrong pricing will lead to demand collapse.

Indeed GENCOS and DISCOS are seeing a drop in consumption across board due to the higher tariffs. Nigerians are reacting both legally and illegally, by investing in alternative power, stealing more or just reducing consumption.

So this vicious cycle may prove unsustainable for electricity supply. And the tendency to pursue or close the funding gap may lead to ever higher tariffs and ever lower revenues. The business model has to be re examined, discussed or debated and a decision reached on the structure and quantity of subsidies to be paid because one thing is very clear.

The micro economy (personal, business) just cannot commercially sustain the electricity sector as it is today and the only way out is either a general improvement if the economy to raise incomes or for the power sector to find cheaper ways to generate and distribute electricity.

There are no easy answers. We are not just in between a rock, but a huge mountain and a very hard place, a vast, smouldering desert.