nairalanda1:



And you think the same problems are not in ivory coast?

You want cheap power, so enjoy what you paid for. When you are ready to pay for 24/7 power, you and all your countrymen irrespective of party, religion, belief, etc.....then you will get it.

And calling me agbado and insensitive does not change the fact...

so that means we're paying for 24/7 darkness that's what you mean? It's a pity people still collect money to defend this evil govt.

princemaths:
so that means we're paying for 24/7 darkness that's what you mean? It's a pity people still collect money to defend this evil govt.

Screaming at me doesn't change facts.

Just happy we are all collecting.

nairalanda1:


Screaming at me doesn't change facts.

which facts does an APC paid loyalist know? Mention one country where citizens pay 250/unit in the entire and still in darkness and I'll dash you 20k.

You even have the gods to say light is too cheap. Blocked head like you.

princemaths:
which facts does an APC paid loyalist know? Mention one country where citizens pay 250/unit in the entire and still in darkness and I'll dash you 20k.

You even have the gods to say light is too cheap. Blocked head like you.

And then it costs money to make electricity

Just as it costs dowry to make baby

nairalanda1:


Saudi Aramco is a joint venture, plus it is funded by the Saudis, who have oil money to burn, and it is run by expats. So, hardly NNPC.

Petrobras is state owned. But unlike NNPC , they haven't been forced to sell their products for decades under cost price.


Priviatization works if the government lets the privatized entity set its prices, not the one where government sets the prices for them below production costs, and then acts surprised when the inevitable losses and inefficencies happen.

GSM has been in private hands, no price setting, result...it grows and grows.

Privatization can be done wrongly. Where there are vested interests in a sector, any solution that is reached - call it commercialization or unbundling or privatization - it will always lead to nothing. This is the fundamental issues that you seem to evade.

Thank goodness that GSM technology was a novel area in Nigeria where the private actors needed to take risk and invest. State ownership of Saudi Aramco is over 80%. Is it Wasiu the truck driver that would force government to make necessary alliances for the most profitable outcomes? You need to check the pricing policy of Petrobras. It is currently flexible with the motive of ensuring that the populace aren’t adversely affected. Beyond pricing, they have entrenched a system of corporate governance to ensure that corruption is dealt with rather than playing lip service the way we do here. This is the major problem here.

It’s incorrect to suggest that low prices is responsible for non-functional refineries. Are you saying that, if prices are closer to the market, the local refineries would be working? You’d have to explain that. Is it people with vested interest that will make them work?

The actual reason why they are not working is because importation is very profitable - whether subsidized importation or non-subsidized importation. If importation of PMS is not subsidized, the government simply transfers that burden to the final consumers but the incentive to end importation is not there since some of these guys refine from outside and sell to us. Even the current Dangote fiasco shows that these guys are not willing to give up importation.

In summary, if you don’t deal the issue of vested interests, quote all the economic theories you want, it would be a waste of time.

Lookmun:

Privatization can be done wrongly. Where there are vested interests in a sector, any solution that is reached - call it commercialization or unbundling or privatization - it will always lead to nothing. This is the fundamental issues that you seem to evade.

Thank goodness that GSM technology was a novel area in Nigeria where the private actors needed to take risk and invest. State ownership of Saudi Aramco is over 80%. Is it Wasiu the truck driver that would force government to make necessary alliances for the most profitable outcomes? You need to check the pricing policy of Petrobras. It is currently flexible with the motive of ensuring that the populace aren’t adversely affected. Beyond pricing, they have entrenched a system of corporate governance to ensure that corruption is dealt with rather than playing lip service the way we do here. This is the major problem here.

It’s incorrect to suggest that low prices is responsible for non-functional refineries. Are you saying that, if prices are closer to the market, the local refineries would be working? You’d have to explain that. Is it people with vested interest that will make them work?

The actual reason why they are not working is because importation is very profitable - whether subsidized importation or non-subsidized importation. If importation of PMS is not subsidized, the government simply transfers that burden to the final consumers but the incentive to end importation is not there since some of these guys refine from outside and sell to us. Even the current Dangote fiasco shows that these guys are not willing to give up importation.

In summary, if you don’t deal the issue of vested interests, quote all the economic theories you want, it would be a waste of time.

It is incorrect to suggest that low prices is responsible for bad refineries.....you said?

Damm,no wonder .

I give up.

nairalanda1:


And then it costs money to make electricity

Just as it costs dowry to make baby

you're a big fuuuuuul. It's a pity I was born in the same country as lots with animalistic brain. Chai.

princemaths:
you're a big fuuuuuul. It's a pity I was born in the same country as lots with animalistic brain. Chai.

Well I know that I am not as wise as Morgan Freeman, and I also know that it costs money to make electricity

nairalanda1

You had to hawk your agbadonomics to this thread and you still got a bloody nose from strangers

I see how you are defending corruption even with Lookmum telling you same thing I've been telling you

Do you know how much prepaid meters cost now? I'll open a thread on it and mention you

Deepsight

It's either you have stupìd and unqualified engineers managing the national grid or there is a serious ongoing conspiracy in the power sector of the country

Adesina18111:
Just get solar inverter and get peace of mind…I know it is a bit expensive but it worths it…

Can solar inverter power refrigerators, water pumps, etc.?

It amazes me how the so-called federal government have not put the power minister on fire to do his job. We've never had this issues frequently as now. If the power minister doesn't do his job , he should be replaced. I hope he is not a Yoruba man sha, cos if he was the president will not do anything about it

Dammmmmmmmnnnn it😏😏😏😏
The doomed dingBAT and cohorts have struck again 😎

Kukutente23:


nairalanda1

You had to hawk your agbadonomics to this thread and you still got a bloody nose from strangers

I see how you are defending corruption even with Lookmum telling you same thing I've been telling you

Do you know how much prepaid meters cost now? I'll open a thread on it and mention you

Deepsight

Powerbanks dey oh.


Check my sigggy

Kukutente23:


nairalanda1

You had to hawk your agbadonomics to this thread and you still got a bloody nose from strangers

I see how you are defending corruption even with Lookmum telling you same thing I've been telling you

Do you know how much prepaid meters cost now? I'll open a thread on it and mention you

Deepsight

The guy cant be helped. No matter what problem you mention, his solution is always the same: hike prices. I have given up on him.

Since Tinubu collapsed on democracy day... Our national grid can not stop collapsing. I think we need spiritual cleansing.

Pls bro, how much is it and where can I get it?

Adesina18111:
Just get solar inverter and get peace of mind…I know it is a bit expensive but it worths it…

Adeoyelee:


Which state & area?

Delta State...I won't name the specific place. But it's around Uvwie.

nairalanda1:



It is incorrect to suggest that low prices is responsible for bad refineries.....you said?

Damm,no wonder .

I give up.

Even organizations that price according to market forces fail when corporate governance is inadequate and management is lacking. All over the world, states own oil facilities and they interfere with prices based on certain state objectives.

If you like increase fuel prices to heaven, you would still be left with the reality of dealing with pipeline vandalization, oil theft (which is organized crime and is being enjoyed by friends of government). You will still need to deal with the reality of spending trillions of naira in turn around maintenance and payment of staff with zero result to show for it.

Yes you will need to answer the question around why there have been no prosecutions and nobody brought to book to dissuade wrong behavior when government has all the instruments of coercion. These are the issues and it’s beyond pricing.

nairalanda1:


Which are symptoms of the real problem.

But you and your government don't want to see it.

First of all, I'm not part or a supporter of any government; I only say it as it is.
What really is your point? Cheap electricity? You must be insane if you think electricity in Nigeria is cheap. As a consumer, I bought electric poles, wires, and transformers and paid Disco companies to install them. We buy our meters ourselves at exorbitant prices and still pay high bills of #209.50 per kilowatt and 0.075 VAT, yet I am still not guaranteed 10 hours of uninterrupted power supply, and you say electricity is cheap? Common man, funding or cheap electricity ain't the issue here, corruption is. With people like you, it will only get worse.

Una don get light?... Is the
Grid back up?

They will blame it on the next available variable or victim, they will never take responsibility. By now the minister should have stepped down

treesun:


https://dailytrust.com/breaking-national-grid-suffers-fresh-collapse/#google_vignette

If anyone has told me that my fellow yorubaman will be the worst president ever and even worse than Buhari who was the definition of incompetence, I would have said it can never happen.
You cannot point to one thing this useless government has gotten right since it came to power.
Economy has collapsed, health has collapsed, education has collapsed, Naira has collapsed and now national grid has collapsed.
Yet we still have zombies who for whatever reasons are on this forum and will argue what they can see with their korokoro eyes and they will tell you Tinubu is the best thing after sliced bread, such people have traded their brains for indomie and they need to be caged in a zoo full of monkeys.

nairalanda1:


As they sacked the ones in charge in 2010 and 2016, when the grid collapsed 22 times for each of those years?

Sack am, replace am, so long as the real issue is not addressed, na lipstick on pig, wey no go make am look like Chidinma.

The answer lies in Abidjan.

They should fix it ASAP

nairalanda1:


Or it has been suffering repeated stroke

All in all,.when you feed a child one grain of rice a day and one slice of bread every other day, don't be surprised if the kid is always weak and emaciated and fallokg sick and can't be active like well fed kids

The answer is in Abidjan

🤣🤣

Of course yes…mine is 3.5kva with 4 batteries and 12 panels…it powers everything in 3 bedroom flat except iron…I don’t use it with iron…freezer, water dispenser, washing machine and 1.5hp inverter AC

MerchantMNT:


Can solar inverter power refrigerators, water pumps, etc.?

I did mine around #2.2M around February this year…3.5kva with 4 batteries and 12 panels

zuto4u:
Pls bro, how much is it and where can I get it?

I swear…I felt reluctant initially but It worth it

3seriez:


At the end of the day, this should be every average Nigerians target, because it looks like our generation won't see steady power supply.

You are right…but like I said FOR PEACE OF MIND

isArray:
Or Nigerians should come out and hold their government accountable

[quote author=Adesina18111 post=132911207]I did mine around #2.2M around February this year…3.5kva with 4 batteries and 12 panels


Send me a mail..I know someone who will help you.