mikolo80:
you've forgotten lekki toll,university fee hike and 35,000naira traffic violation penalty ba. he just there to 'privatise ' things for elite (him and tinubu crew). but at least they get sheet to work so well support them till Ben Bruce become governor (hope he stops thinking like koro)

obailala:

First of all, "beta soup, na money dey inside," in other words, if you must have better services, you must be ready to pay the price; this has always been Fashola's philosophy from his rampant toll gates and the school fees hikes so it is only someone (like yourself) who doesn't really know Fashola that would think he has changed. This is even just the beginning, just sit back and wait for the series of toll gates that would begin to spring up all over Nigerian major roads. Unfortunately, considering the paucity of funds in the government today, tolling everything (in the Fashola way) might just be the only way in which Fashola might be able to perform any of his acclaimed wonders in his present office.

Now regarding the electricity tariff hike, that is absolutely not Fashola's doing, the plan to hike electricity prices has been in the 'Roadmap to power sector reforms' which was constituted I think since the days of Yaradua. A major part of that roadmap includes the privatisation of power generation and distribution and a review of tariffs to encourage investors who have since lamented that they would make no profit at the current rates. The privatisation aspect has since been completed but operation hasn't really begun because the previous government was either still negotiating tariffs or was too scared to announce the new tariffs, hence even though these companies have been privatised, the FG was still paying billions to offset bills for the private companies (in the form of subsidies).

If there is anything which is good about the new reviewed tariffs, it is the fact that fixed charges have been scrapped; a lot of people lamenting about paying higher for services they don't get obviously are not aware of this fact. With the new plans, you pay for only the services you get and this something which would force the power companies to sit up. I am somewhat optimistic that this is the final step in the privatisation programme which would turn Nigeria's power situation around. I am willing to pay more as long as it would ensure better services, it is still cheaper and more convenient than running generators. It took Nigeria paying higher tariffs for telecommunications for us to get to where we are today.

sambalo75l:
That explain it all. I wonder how some people reason in this country.

DrDauda:


Always fighting n cursing on nairaland. Dem swear for u

Paentera:
Lots of misinformation going on about the electricity tariff hike. This goes to show how much we forget as well as how much hear say we rely on

A document called the MYTO (Multi Year Tariff Order) strictly regulates tariffs in the power sector and is administered by a government agency called NERC. This document was initiated in 2008 and so far, two MYTO - 1 & 2 have been issued.

MYTO 1 lasted between 2008 - 2013
MYTO 2 lasted between 2013 - 2016
MYTO 2.1 will last from 2016 - 2018 with adjustments expected to be built into the pricing to reflect the realities of the times.

More information about the MTYO Methodology and regime can be found here:
http://www.nercng.org/index.php/myto-2

I will like to point out that the power privatization scheme for former PHCN called for investors to take over assets thus be able to provide power at a profit, not a loss (like our government did for many decades). To keep the industry attractive, the pricing of power certainly had to change and from inception of Fashola as a minister, he clearly explained that prices will have to go up to make power generation attractive to investors.

The argument has been put forward that power supply needs to be provided before a hike in prices. I used to think this way until it was evident to me that the assets, including generating & transmission companies, took over were largely were largely run down and many ran out of their funds. The CBN provided a bridging loan to the companies earlier 2015 however the disbursement of the loan had to stop because the cash flow using the old tariffs would be unable to sustain repayment of the loans.

I will suggest that we give the power companies at least till end of 2017 to not only improve on electricity distribution, but to see how stable electricity becomes. I am happy it is now in private hands and will be happier it is done right. According to the MYTO 2.1 document, the tariff is expected to drop in 2017-2018 as more houses are metered and captured on the electricity distribution network nationwide.

To dispel the stereotype that to hide anything from a black man put it in a book, I invite you to read the provided details and become more informed about the power privatization process as opposed to relying on hear say.

sambalo75l:
With all your MYTO this MYTO that can you pay for a commodity a bottle of coke before the production? All we want from Disco is to meter us before the charges so that we pay for what we consume only not estimated bill without service.

obailala:

First of all, "beta soup, na money dey inside," in other words, if you must have better services, you must be ready to pay the price; this has always been Fashola's philosophy from his rampant toll gates and the school fees hikes so it is only someone (like yourself) who doesn't really know Fashola that would think he has changed. This is even just the beginning, just sit back and wait for the series of toll gates that would begin to spring up all over Nigerian major roads. Unfortunately, considering the paucity of funds in the government today, tolling everything (in the Fashola way) might just be the only way in which Fashola might be able to perform any of his acclaimed wonders in his present office.

Now regarding the electricity tariff hike, that is absolutely not Fashola's doing, the plan to hike electricity prices has been in the 'Roadmap to power sector reforms' which was constituted I think since the days of Yaradua. A major part of that roadmap includes the privatisation of power generation and distribution and a review of tariffs to encourage investors who have since lamented that they would make no profit at the current rates. The privatisation aspect has since been completed but operation hasn't really begun because the previous government was either still negotiating tariffs or was too scared to announce the new tariffs, hence even though these companies have been privatised, the FG was still paying billions to offset bills for the private companies (in the form of subsidies).

If there is anything which is good about the new reviewed tariffs, it is the fact that fixed charges have been scrapped; a lot of people lamenting about paying higher for services they don't get obviously are not aware of this fact. With the new plans, you pay for only the services you get and this something which would force the power companies to sit up. I am somewhat optimistic that this is the final step in the privatisation programme which would turn Nigeria's power situation around. I am willing to pay more as long as it would ensure better services, it is still cheaper and more convenient than running generators. It took Nigeria paying higher tariffs for telecommunications for us to get to where we are today.

slyfoxxjoe:
You expect good service from government and don't want to pay for it. Don't u people understand government needs money to work especially this govt that met empty treasury. All advanced governments that deliver depend on an effective taxation system to raise money. You don't try paying your tax in America and see what happens to u. But since Nigeria has such a poor tax system I guess the govt has to rely on increased tariffs to raise money.

Paentera:
Lots of misinformation going on about the electricity tariff hike. This goes to show how much we forget as well as how much hear say we rely on

A document called the MYTO (Multi Year Tariff Order) strictly regulates tariffs in the power sector and is administered by a government agency called NERC. This document was initiated in 2008 and so far, two MYTO - 1 & 2 have been issued.

MYTO 1 lasted between 2008 - 2013
MYTO 2 lasted between 2013 - 2016
MYTO 2.1 will last from 2016 - 2018 with adjustments expected to be built into the pricing to reflect the realities of the times.

More information about the MTYO Methodology and regime can be found here:
http://www.nercng.org/index.php/myto-2

I will like to point out that the power privatization scheme for former PHCN called for investors to take over assets thus be able to provide power at a profit, not a loss (like our government did for many decades). To keep the industry attractive, the pricing of power certainly had to change and from inception of Fashola as a minister, he clearly explained that prices will have to go up to make power generation attractive to investors.

The argument has been put forward that power supply needs to be provided before a hike in prices. I used to think this way until it was evident to me that the assets, including generating & transmission companies, took over were largely were largely run down and many ran out of their funds. The CBN provided a bridging loan to the companies earlier 2015 however the disbursement of the loan had to stop because the cash flow using the old tariffs would be unable to sustain repayment of the loans.

I will suggest that we give the power companies at least till end of 2017 to not only improve on electricity distribution, but to see how stable electricity becomes. I am happy it is now in private hands and will be happier it is done right. According to the MYTO 2.1 document, the tariff is expected to drop in 2017-2018 as more houses are metered and captured on the electricity distribution network nationwide.

To dispel the stereotype that to hide anything from a black man put it in a book, I invite you to read the provided details and become more informed about the power privatization process as opposed to relying on hear say.

Yhinkss:
There are a lot we seem not to understand or maybe we are interested in focusing on the negatives. There are no develoment without pain and sacrifices all what we nigerians want is to continue getting better things at their comfort zones
First of all the price template was not fashioned by Fashola it was a design from the previous government for an ideal running of the system. If u listened to what BRF said that it was the way it had suppose to be with the price but the last government did not implement it. The Disco recently declared to divest from the buy if the pricing is not improved because they are not making return and it is preventing them in investing more and even exanding as required by the government agreement on them. How can u run a business without making profits? So accordingly the new pricing will now make them stand well in terms of rendering and expanding after a particular time in agreement with the govt.
We only want everything to suit us like oyibo without making any effort like them . When we travel to other developed nations do you realise how much other nations are paying for various taxes that are non existent in nigeria we just like everything free.
Some social service is coming as promised and we are happy but how many are ready to pay for anything just like other nations or do you all complain or refuse to pay if you travel out especially South Africa
Let's compare Nepa to diesel or inverter it is still larger very low so there is a bit of support from the citizenry for our own benefits

chivic:
Most Nigerians will agree with me that among the current ministers,Fashola is one that that stands out and with him in this current cabinet, a lot of us have great optimism that at least he will deliver.
In fact, Buhari's exclusive trust and believe in him made him to attach a combination of portfolios to him,believing that once he can deliver, then his administration would receive a lot of applause. It is worth mentioning that Fashola's success can earn Buhari a return ticket.

However,the recent increase in electricity tariff is not only shocking,but heart rending.
What went wrong?who advice him?who has brainwashed our guy? is there something at the presidency that makes people with good intention to begin to think upside down? Would Fashola in his smart reasoning ability have taken this, if it has been proposed in the last administration?does it make sense at all?
How on earth will the government increase Tariff for no light?are we not already paying more than what we get?Why don't the tell us that once we start receiving light on an average of 12 hours per day,then the Tariff of that area,region or Zone will be increased.?

Something has gone wrong!If even Fashola can confidently think like this,then we need an emergency prayer.






They should deliver service first before increasing Tariff. We are currently paying more than we are getting.And yet they are forcing us to pay more again for a futuristic promise. We need to occupy Nigeria for this.

PentiumPro:


You shut the gutter you call mouth.
Go ahead and show that Olowolafe is the same as Fashola. Dunces everywhere.
People just open their mouths and talk rubbish here on NL

Seenyo:
Fashola has always bin a capitalist except when sternly challenged! Tho he gets work done but1st tin 1st!...improve power b4 pay rise!

theophorus:
From the comments I have read, I think most Nigerians are either mis-informed or Benefiting from the Fraud in the Power sector.

With this initiative... if implemented there will not be any constant charge of #750 again.

You will only pay for what you use.
If power is not supplied there won't be any payment.

Prepaid meters will be supplied to every House thus you pay only for your consumption.

So the Power generation and distribution Firms will be force to increase supply if they want to make money.

However if we refuse to agree to Fashola's proposal them we would continue to pay #750 even if power is not supplied.

Phcn will disconnect your cables and expect you to pay for transformers and maintenance because it's good for them.
either power is supply or not #750 must be paid.

#ThinkNigerians.
#DontletThievesfoolYou.
#StandforProgress.


NB: Generator sellers and those profiting from lack of power supply don't want this initiatives.

Amanwulu1:
is it a politician dat u guys are defending dat they don't have vestive interests in what they do? I can never be like u guys, neither in dis life nor d next. Nevertheless I'm against media prosecution n unlawful incarceratn of any citizen, n u guys also don't see ought in it?

chivic:
Most Nigerians will agree with me that among the current ministers,Fashola is one that that stands out and with him in this current cabinet, a lot of us have great optimism that at least he will deliver.
In fact, Buhari's exclusive trust and believe in him made him to attach a combination of portfolios to him,believing that once he can deliver, then his administration would receive a lot of applause. It is worth mentioning that Fashola's success can earn Buhari a return ticket.

However,the recent increase in electricity tariff is not only shocking,but heart rending.
What went wrong?who advice him?who has brainwashed our guy? is there something at the presidency that makes people with good intention to begin to think upside down? Would Fashola in his smart reasoning ability have taken this, if it has been proposed in the last administration?does it make sense at all?
How on earth will the government increase Tariff for no light?are we not already paying more than what we get?Why don't the tell us that once we start receiving light on an average of 12 hours per day,then the Tariff of that area,region or Zone will be increased.?

Something has gone wrong!If even Fashola can confidently think like this,then we need an emergency prayer.






They should deliver service first before increasing Tariff. We are currently paying more than we are getting.And yet they are forcing us to pay more again for a futuristic promise. We need to occupy Nigeria for this.

tuniski:
Fashola is Overrated. He remains only a media creation blown out of proportion. I ask what were his milestones in lagos? Anyway, this is the change they truly promised,nigerians misunderstood them according to lai Moohammed!

Rhozabeth:

I am very sure you ve not been to Lagos since Fashola became the Gov of Lagos and even afterwards! If not you would not make that kind of statement! That said, Fashola really need to justify that there is need for the Tariff to be hiked b4 the implementation of the increase! As it is Fashola is gradually becoming insensitive to the plight of common Nigerians!

Rolings:


Jealousy will kill you , it's obvious you have not been to Lagos in a while . Even diehard ipob members will not say what you have just said. Fashola is an achiever who achieved more than your hero.

Rolings:


Even if he didn't do anything he built lekki ikoyi link bridge, he reconstructed Mile12 ikorodu road. Now tell me one completed project in 16 years of pdp

Rhozabeth:

I am very sure you ve not been to Lagos since Fashola became the Gov of Lagos and even afterwards! If not you would not make that kind of statement! That said, Fashola really need to justify that there is need for the Tariff to be hiked b4 the implementation of the increase! As it is Fashola is gradually becoming insensitive to the plight of common Nigerians!

PentiumPro:
[size=13pt]I would rather pay 5-6k per month and get 24hrs power supply than pay 2k per month and get 8hrs power supply a day.[/size]

[size=13pt]I would rather pay N250 to cross the Ikoyi into Lekki than pay N100 to cross with a rickety canoe[/size]