Kobojunkie:

a) Privatization is not what you are being offered here, or what people are complaining of. If you cannot comprehend English Language, then I suggest you go get some lessons fast.

okay,what is being offered

Kobojunkie:
b) That said, Privatization is good when properly managed. As it stands, Nigerians pay some of the highest rates for telecommunication in the world. I don't think it would then make sense to follow that up with equally high electricity bills and probably water bills next, in addition to high petrol bill.

can you compare what you pay for phone bills in the 90's to now?

Kobojunkie:

c) Those in Nigeria who actually pay their taxes will tell you that they pay just as about as much in taxes as those who live in America do. Yes, I am guessing you are one of those who continues to SKIP OUT on paying your taxes in Nigeria or you do not have property down there or any business through which you are able to do so. So enough of the BULL that Americans pay more in taxes than Americans do. Ask the average market woman in Lagos who has been paying taxes(mandatory) for the last 2 years at least, and the percentage of her income she pays in taxes is about the same as a market woman in anywhere America, even close to Illinoise rates.

you also know many people try to skip out abi

Kobojunkie:

If you cannot comprehend English Language, then I suggest you go get some lessons fast

. Um . . Yes ma

Are we paying for services that are rendered or non existent services

faithin9ja:

@Kobojunkie

you are clearly missing my point or choosing to not understand my point.

the point is simple, in the 1980's we used much less electricity than we use today, most of Nigeria in 1980's were not on the national grid. Today we have a higher popultion and much more of Nigeria is connected to the National Grid and as a nation we are all now much more aware, the average Nigerian consumes more electrcity today than 30 years ago.

As such the obvious lack of investment (notice lack of investment does not mean money was not voted for this investment) is now the cause of power blackouts all over the country. Even if we go back overnight to 1980's usage of electricity our old decrepit infrastructure will not cope as well as they did 30 years ago.

I am not certain of your claim that the average Nigerian consumes more today than back in the 1980s. I think we should stay away from making stuff up still.


The plan for the National system, as designed in the 70's, was for Government to, over a period of 30 years, both increase investment in Power generation, and also increase investment in transmission in tandem. During the early 80's funds for the project continued, and so we were able to meet some of the milestones set for the NEPA project. However towards the late 80's, the government started starving the project of funds, and this was the genesis of the trend we have today. Many of the Power generation stations that were later on funded during the Obasanjo regime were actually part of the 1970's plan that the Government had sort of abandoned prior.

The current lack of investment you speak of has little to do with investment from foreign investors but more to do with investment on the part of Government, money that should have been flowing in constantly since the 80's. If this is what you are referring to, then yes, lack of investment is why we are were we are today.

Wexelion:

okay,what is being offered

can you compare what you pay for phone bills in the 90's to now?


you also know many people try to skip out abi
. Um . . Yes ma

What is being offered in what sense?I don't know what it is you have a problem understanding in that line.

Why in the world would you compare your phone bill from back in the 90's to what it is today? In what world does such a comparison make sense considering the many advances that have been made in the area of telecommunication since then?

@kobojunkie

I am not certain of your claim that the average Nigerian consumes more today than back in the 1980s. I think we should stay away from making stuff up still.


The plan for the National system, as designed in the 70's, was for Government to, over a period of 30 years, both increase investment in Power generation, and also increase investment in transmission in tandem. During the early 80's funds for the project continued, and so we were able to meet some of the milestones set for the NEPA project. However towards the late 80's, the government started starving the project of funds, and this was the genesis of the trend we have today. Many of the Power generation stations that were later on funded during the Obasanjo regime were actually part of the 1970's plan that the Government had sort of abandoned prior.
The current lack of investment you speak of has little to do with investment from foreign investors but more to do with investment on the part of Government, money that should have been flowing in constantly since the 80's. If this is what you are referring to, then yes, lack of investment is why we are were we are today

Madam,

I think you either don't read in detail or are reading too much stuff on nairaland hence sometimes you tend not to get a person's point.

1. Nigeria like most of the world individuals use more electricity per capita than 30 years ago - for heavens sake in 1970's television service switched off at 11pm (just one of countless examples)
2. lack of investment by subsequent government have neglected this electricity sector BUT money has been voted for this investment and siphoned off.
3 . so we have growth in need for electricity but reduction in investment.
4. in the 70's and 80's governments around the world including Nigeria tended to more left wing and socialist (except America) hence nationalized industries, such national airlines.
5. with our recent history we cannot leave the incompetents in government to run these important services.
6. as such I say do away with socialist ideals and allow those who have the money come and invest in the electricity sector.
7. obviously anyone who invests will want a return on their investment, currently the return on your investment in this sector in Nigeria you are guaranteed to make a whooping loss because the current law indicates you must sell to a government body (NEPA, PHCN or whatever name they decide to call themselves nowadays) at less than the cost of production.

As far as I am aware the first thing that must happen is a change in the law allowing electricity to be sold at a market rate, otherwise there will be no private investment, any investment from government will just be swallowed up as per usual; even if you put a whole new set of government bureaucrats, it will simply 'my turn' - as the previous billions swallowed have gone.

they should focus on providing 24 hours power supply and raising tariff wont be an issue, Nigerians pay more already fueling the annoying I pass my Neighbor

Fhemmmy:

Interesting that the rate is going up and yet the service is going down . . . Only in Nigeria

Exactly
Toward the end of last year, price per kilowatt increased from a little over 4naira to 7naira 30kobo yet they is hardly any improvement over 50% rise
Competition, service and delivery is what should regulate the price not government
I say no to any price hike

If power is available 24-7, then I'll pay. And I can decide to use what I need, when I need it. Nothing more, Nothing less.

No stable power supply, No Increase. . . I no go gree.

To rise or has risen. When do these goats start saying the truths? I have been paying #3,000+/month against usual #600-#800 that I used to pay for the past 4months now with, in fact, reduction in my power consumption because my work takes me out always.

Why are these lies. What are they gaining from such.

faithin9ja:

@kobojunkie
[color=#006600][/color]


Madam,

I think you either don't read in detail or are reading too much stuff on nairaland hence sometimes you tend not to get a person's point.

1. Nigeria like most of the world individuals use more electricity per capita than 30 years ago - for heavens sake in 1970's television service switched off at 11pm (just one of countless examples)

Again, I will wait to see the data on this before I agree with the assertion above.Sorry.

faithin9ja:

2. lack of investment by subsequent government have neglected this electricity sector BUT money has been voted for this investment and siphoned off.

We know this.

faithin9ja:

3 . so we have growth in need for electricity but reduction in investment.
4. in the 70's and 80's governments around the world including Nigeria tended to more left wing and socialist (except America) hence nationalized industries, such national airlines.

I disagree. Nigerian government investing tax payer money to developing infrastructure does not imply socialism. I am not certain what Nigeria you lived in but the vast majority gained little from the government even back then. So, I suggest you forget this investment from government = socialism angle. It simply does not work.

faithin9ja:

5. with our recent history we cannot leave the incompetents in government to run these important services.

OK!

faithin9ja:

6. as such I say do away with socialist ideals and allow those who have the money come and invest in the electricity sector.

Again, Government investing OUR money into improving infrastructure has ABSOLUTELY NOTHING TO DO WITH SOCIALISM. I think you are looking for a different word here. I mean what you seem to be insinuating is that your banker investing your money into schemes to make you more money is socialism. That does not make sense at all.

faithin9ja:

7. obviously anyone who invests will want a return on their investment, currently the return on your investment in this sector in Nigeria you are guaranteed to make a whooping loss because the current law indicates you must sell to a government body (NEPA, PHCN or whatever name they decide to call themselves nowadays) at less than the cost of production.

As far as I am aware the first thing that must happen is a change in the law allowing electricity to be sold at a market rate, otherwise there will be no private investment, any investment from government will just be swallowed up as per usual; even if you put a whole new set of government bureaucrats, it will simply 'my turn' - as the previous billions swallowed have gone.

Let me put it this way. The doors have NEVER BEEN CLOSED to investors. It has been open to them for quite sometime now but many are reluctant and it is not simply a problem of needing returns on investment. There are so many other factors that hinder investment and so while investors wait until favourable conditions are in place for them to come in, we cannot then shut off the light. The government has to continue putting in place the tools to aid the people, and ultimately the investors.

I am still not getting your point, by the way. Just responding to your posts.

All this privatisation noise is not the solution to our power problem and indeed any problem we are facing in this country. CORRUPTION is what is killing us in this country. The government of the day should divert it's energy to stemming the scourge of corruption.

@@All this privatisation noise is not the solution to our power problem and indeed any problem we are facing in this country. CORRUPTION is what is killing us in this country. The government of the day should divert it's energy to stemming the scourge of corruption.

so the government has realized it cannot provide adequate power, because it has no incentive to monitor every official from the transmission,distribution companies and your crying, why don't you apply for a licence build a company and start collecting the chicken change. Name one country with stable power that the government has total control of its power industries we get nigerian government is corrupt, let them leave that shit alone and let people who have a stake in the business do it, jeez