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Seun's Posts

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FamilyRe: Had A Fight With My Husband's Junior Sister by Seun(mod): 8:14pm On Jan 18, 2008
What sort of advice do you expect us to give when you've not told us what caused the fight? huh
PoliticsRe: Should Nigeria Split Up? by Seun(mod): 8:12pm On Jan 18, 2008
The rest of the world is coming together and we are talking about splitting up?
Nigeria cannot split up. We are united by oil and trade. Give it up.
TravelRe: Re: Genuine Reason For Uk Visiting Visa by Seun(mod): 8:10pm On Jan 18, 2008
the only genuine reason you can give is your true reason. It's obvious you intend to elope. wink
PoliticsRe: How Do We Solve Our Power Failure Epidemic? by Seun(mod): 7:53pm On Jan 18, 2008
It is clear that these people are not serious about solving the PHCN problem.
And even if they were serious about it, the problem is bigger than they realize.
They keep talking about meeting the current demand [/b]for electricity.

What they don't realise is that:

1) The [b]demand for electricity is growing
at the same rate as our economy - fast!
2) If PHCN is able to magically satisfy the current demand for electricity by tomorrow, which is impossible, many people who are currently using generators will just switch to NEPA. Within one week, we will be right where we started. The demand for electricity is not a constant. If you make cheap electricity available at an unsustainably low price (6 naira per kilowatt), people will simply use it more. (How am I so sure? When GSM technology was launched in Nigeria, the demand was estimated at "200,000 lines"or so. Now we have millions of GSM owners, which is evidence of suppressed demand)

The only way the problem will ever be solved is to:
1) Break up NEPA/PHCN into little pieces and auction off each piece separately.
2) Allow the companies to compete with each other freely. Advertise freely. Set rates freely.

The result is that all those people who are currently importing and repairing generators will move into the more lucrative power generation business. Instead of importing small generators for individual use, they would be importing large generators for use by the freely competing electricity generating and distribution companies. They get their money, you get cheaper power without noise and stress. Everybody wins.

The price of electricity under the new system will start off about the same as the cost of running a generator, but competition will drive it down on the long run. This can only happen if entry into the business is unrestricted. If there are hundreds of competing power companies and not just 3 or 4 mega-corporations. When you have just 3 or 4 competitors, you end up with an oligopoly, which is almost as bad as a monopoly like NEPA.

Why is this not going to happen? Politics. Labour unions. Privileged government contractors. Ignorance.
PoliticsRe: How Do We Solve Our Power Failure Epidemic? by Seun(mod): 7:29pm On Jan 18, 2008
Go and read everybody contribution on I AM TIRED OF NEPA,
If you are truly tired of NEPA, just disconnect your meter. If you are serious about your business and your comfort, stop waiting for a miracle. Buy a generator and an inverter and continue with your life!
TV/MoviesRe: DEA Agents Sue Over Portrayal In 'American Gangster' by Seun(mod): 7:09pm On Jan 18, 2008
I commend the retired agents for providing us with excellent entertainment! cheesy
TV/MoviesRe: Who's Your Favourite In CTU I Mean In The Series 24 by Seun(mod): 9:43am On Jan 18, 2008
Jack Bauer of course. huh
PoliticsRe: Can Nairaland Bring About A Unified Nigeria In The Future? by Seun(mod): 8:31am On Jan 18, 2008
We are flattered, though the concept of a "unified Nigeria" is very ambiguous and unachievable. wink
WebmastersRe: My Story So Far (part !) by Seun(mod): 8:09am On Jan 18, 2008
If all the client has is 25,000 naira then you build a 25,000 naira website. It's not such a big deal.
RomanceRe: My Ex Boyfriend Is Back Should I Date Him Back by Seun(mod): 8:06am On Jan 18, 2008
I don't even know where to start. If you're not sure, don't do it. wink
BusinessRe: Consumer Right: Lets Stop Cheat And Poor Services By Companies by Seun(mod): 9:19pm On Jan 17, 2008
How exactly do you intend to "stop" the companies? huh
TravelRe: Please Help Nigerians In China! We Are Dying To Go Home! by Seun(mod): 9:03pm On Jan 17, 2008
If these people are not wanted in China, they should be allowed to leave. cry
TV/MoviesRe: Save Nollywood! by Seun(mod): 8:54pm On Jan 17, 2008
What an alarmist.
PropertiesRe: Cheaply Affordable Houses For Rent/sell by Seun(mod): 8:18pm On Jan 17, 2008
I AM ABOUT GETTING THE EFCC APPROVAL
What does EFCC have to do with houses? I fear a scam.
Jokes EtcRe: Nairaland Gafee by Seun(mod): 8:11pm On Jan 17, 2008
It's not very funny.
TV/MoviesRe: Hitv Or Hi Rubbish? by Seun(mod): 7:51pm On Jan 17, 2008
How could they not have proof of subscription in their database? Very ridiculous. UBA mentality.
RomanceRe: Guys Who Cheat On Their Babes by Seun(mod): 5:43pm On Jan 17, 2008
To put it bluntly, the girl needs to realise that he is no longer interested in being her boyfriend. Otherwise, why would he stupidly allow another girl to pick his phone. It's not a case of cheating on the girl any more, it's a case of not caring.
CultureRe: Origin Of The Osu Caste System? by Seun(mod): 5:10pm On Jan 17, 2008
Idiocy is the origin of the Osu caste system. Idiocy combined with prejudice.
HealthRe: Two Kids Are Sick: I Need Herbal Recipes by Seun(mod): 5:06pm On Jan 17, 2008
You better take them to a hospital for professional help before they die on you. angry angry
RomanceRe: Would You Let Your Brother Marry A Girl You Slept With? by Seun(mod): 2:48pm On Jan 17, 2008
How is this a problem?
FamilyRe: What If Ur Husband Loses His Man-hood In An Accident? by Seun(mod): 2:15pm On Jan 17, 2008
Oh dear. What an interesting question. Thank goodness I'm not a woman. lipsrsealed
EducationRe: Abu Zaria What's Up by Seun(mod): 11:15am On Jan 17, 2008
I would like to see the exact page you got this from.
TV/MoviesRe: Genevieve Nnaji for Hollywood? by Seun(mod): 10:49am On Jan 17, 2008
In Nigeria, she's a queen. In the US, she'll just another struggling African actress. Not worth it. wink
TV/MoviesRe: DEA Agents Sue Over Portrayal In 'American Gangster' by Seun(mod): 9:44am On Jan 17, 2008
I have only two words for this people: "nice try!"
TV/MoviesRe: Will Smith: The Pursuit Of Happyness by Seun(mod): 10:31pm On Jan 16, 2008
It was so dramatic when for the first time Will Smith met with Chris Gardner right there on the show
Chris Gardner was on the set during production and even appeared in the movie.
BusinessRe: Novel Event Idea by Seun(mod): 6:58pm On Jan 16, 2008
Feel free to discuss with it me. I have no flair for that business but I like to discuss ideas.
PoliticsRe: Gbenga Obasanjo's Wife Spills The Beans! by Seun(mod): 6:44pm On Jan 16, 2008
Abeg for the good of this nation this thing should stop na waaooo!
What are you talking about. The way these secrets are being exposed is very good for the nation!
Christianity EtcRe: The Way I Want To Die! by Seun(mod): 1:36pm On Jan 16, 2008
You first.
TV/MoviesRe: Nigerian Movie Stars by Seun(mod): 10:11pm On Jan 15, 2008
I don't seem to know any new ones. Francis Agu? lipsrsealed
CareerRe: Can Your Career Stop You From Finding True Love? by Seun(mod): 9:38pm On Jan 15, 2008
So what? huh

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