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Nairaland Forum / Nairaland / General / Politics / Confusion As Disco Announces Tariff Increase, NERC Silent (23765 Views)
Disregard Reports Of Electricity Tariff Increase - AEDC / Nigerians To Pay More As FG Approves Tariff Increase For Power Companies, Disco / No Tariff Increase, Buhari Ordered Mass Metering - NERC (2) (3) (4)
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Re: Confusion As Disco Announces Tariff Increase, NERC Silent by Selfmotivated: 7:24am On Aug 29, 2021 |
Always increasing tariff without constant electricity. Karma shall caught up with them 1 Like |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by adecz: 7:25am On Aug 29, 2021 |
Modrov: This government came to power, tariffs were about 12 Naira. The Gencos & Discos said they can't operate effectively if the charges are not increased. Govt doubled the rates to 20 to 30, after a few months they said they still wanted increase. Small by small, charges reached 50 to 60, yet they want another increase. 9 months from now, they will still want increase. Last, last, the incompetent Fulani govt of Buhari is responsible, because they increase taxes, charges & energy costs without giving a fvck about multiplier effects on the economy. All the increases, yet they keep borrowing from from every direction. 3 Likes |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by Josywhyte: 7:25am On Aug 29, 2021 |
Despite the economic hardship,they are still hiking price in every commodity. What a useless and failed country 2 Likes |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by ignis: 7:25am On Aug 29, 2021 |
Buhari is also confused. |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by Nobody: 7:27am On Aug 29, 2021 |
Andyvilly: Telecoms had two advantages power companies didn't 1. They were allowed to set their own price. Power companies cannot do that. Their price is I essence determined by Nerc. And every time the price is always kept at a level below the cost of production 2. Banks and other financial agencies as a result are willing to lend to telecommunications companies ( even jokes like 9mobile). Because discos due to goverment con trolling prices run at a loss, no bank would lend to them Thus GSM companies have cash to invest. Discos have losses of trillions of naira and no one wants to lend them money at all. 2 Likes |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by cletz991(m): 7:27am On Aug 29, 2021 |
Bros I enjoy 20 -24 hrs per day here in Benin and guess what my bill is 2000 per month a special line though so STFU! Modrov: |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by Brushstrokes20: 7:28am On Aug 29, 2021 |
The redundant vegetable is a monumental tragedy Infact, the shithole is long overdue for DISINTEGRATION or re-colonisation! ENOUGH OF NONSENSE. |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by Nobody: 7:29am On Aug 29, 2021 |
adecz: Well the cost of power is always higher than the actual price we pay for power in Nigeria. That is why we would have bad power supply. Whoever is in charge. We had bad power supply in previous administration presumably without the taxes and so on that Buhari charges now. 2 Likes |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by Nobody: 7:30am On Aug 29, 2021 |
cletz991: Because you live in a high band area which them discos favour because they know they get their money's worth I live in a similar area myself, after years of living in low band areas. Good morning . And your using stfu makes you look rather childish 1 Like |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by Nobody: 7:33am On Aug 29, 2021 |
greatiyk4u: Which is a good idea. |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by FILEBE(m): 7:34am On Aug 29, 2021 |
Modrov: Are sure are you about this? Are you a staff of Ekedp ot Ikedc? The GSM part. It was competition. It has nothing to do with how much we pay. MTN might have been milking us if Glo hadn't slashed its price . Are you in the system? Because it seems you will rather blame the consumer for a private firm's incompetency. If offer great service, the consumer has no other option than to pay. What can you say about water cooperation? 2 Likes |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by cletz991(m): 7:36am On Aug 29, 2021 |
Bloody Bot Modrov: |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by adecz: 7:36am On Aug 29, 2021 |
Modrov: With all the increases so far, has power supply improved? 2 Likes |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by caye(m): 7:37am On Aug 29, 2021 |
chloride6:That is exactly what is likely to happen. They send out the fake news, in order to test how deep or shallow the river is. 1 Like |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by Nobody: 7:39am On Aug 29, 2021 |
houseontherock: Well since we are poor we can only afford poor power supply by your analogy Good to know that |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by Nobody: 7:39am On Aug 29, 2021 |
adecz: The cost of production is increasing at a higher rate than the cost price of power Hence no difference. 1 Like |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by harmargedon: 7:40am On Aug 29, 2021 |
Modrov:so we should be charged 1000NGN per hr so that the disco dancers would have enough money in their pockets right? Then production rate goes up, prices of goods and services rendered inflates. How do you expect the people to survive. 2 Likes |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by Nobody: 7:40am On Aug 29, 2021 |
cletz991: Do have a good day. |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by skywalker240(m): 7:41am On Aug 29, 2021 |
The country na cruise |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by focus7: 7:41am On Aug 29, 2021 |
Government of other countries are working on how to make life easier and affordable for their citizens but Buhari government is always making life difficult and expensive for Nigerians. He has increased the cost for almost everything in Nigeria 1 Like |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by Nobody: 7:42am On Aug 29, 2021 |
harmargedon: 1. That's a straw man 2. Discos should like most businessmen in this country be allowed to charge a price that allows them to make a profit which they can use to buy the stuff they need to improve our power supply infrastructure and adequately pay the GENCOS and also cover their staff welfare adequately in this apc economy 1 Like |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by Brushstrokes20: 7:42am On Aug 29, 2021 |
when Nigerians are ready, TRUE CHAINGE WILL COME!... Only a red revolt can salvage the doomed shithole! |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by VeeVeeMyLuv(m): 7:45am On Aug 29, 2021 |
NERC please which law states that before a prepaid meter is allocated to an individual, he/she must first be placed on estimated billing for a couple of months? and This billing minimum is 10k no matter how small your house or how few your appliances are! |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by harmargedon: 7:46am On Aug 29, 2021 |
Modrov:True, and like every businessman, if the business isn't favouring them, then they should pull out of it and let the government return back to NEPA. 2 Likes |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by CapitanS: 7:46am On Aug 29, 2021 |
Modrov:You are talking arrant nonsense. So the discos are not making profit yet they remain in the business all these years and refused to get out? Which private entity will be running at a loss for that number of years and still remain solvent? They are making enough profit, All this rubbish is happening because the electricity distribution business in nigeria is essentially a monopoly where a few companies are allocated territories which they monopolize and no other company is allowed to compete with them there. Let government completely deregulate that industry allow any of the companies that is interested to come in and invest in any territory they want to then you will know that the discos are making more than enough profit. The electricity tariff will even crash down and they will still be in the business. 2 Likes |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by harmargedon: 7:47am On Aug 29, 2021 |
VeeVeeMyLuv:don't mind those corrupt people. |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by Nobody: 7:48am On Aug 29, 2021 |
FILEBE: Yeah but the reason why there were so many companies to compete was because they were allowed to set their price .And thus make a profit. This attracted more companies more money more competition and more investment and price falling Sim cards used to be very very expensive. Infact making calls also used to be very expensive. People back then were virtually calling on goverment to set prices .thankfully they did not Discos canmot set their prices, thus they run at a loss, and thus they also canmot attract investment. Also they are virtual monopolies in their region of service due to the way the laws were set up. By the way I don't work for the discos. I began reading up around the issues in the sector from 2013. It's an ongoing endeavour 1 Like |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by namqul(m): 7:48am On Aug 29, 2021 |
Who told you it's fake the last recharge we made we nearly cry, they have increased it since August 25th AntiChristian: |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by authority2006(m): 7:50am On Aug 29, 2021 |
Modrov: Lol, I'm not going to label as you as DISCO staff but I will tell you to stop deceiving yourself. One, FG is still subsidising the energy that DISCOs are buying from the GENCOs. I'm not saying subsidising for the customers but subsidising for the DISCOs. Two, have you ever been given estimated bill? I was given monthly estimated bill of 20k for 7 months before prepaid was given to me. Now, the total amount of debt on our prepaid meter is 200k out of which we have paid 50k within 3 months apart from the cost of energy we're buying. But I'm happy to tell you that we didn't consume that 20k energy per month. That's exactly what over 80% of their customers are facing today. Thirdly, do we even have a stable power supply? No. But customers on estimated billing which are the majority are being billed for 24/7 power supply! Is that fair? Fourthly, are these DISCOs even investing according to their agreement with FG? No! People are still buying transformers, main poles and cables in new communities. DISCOs staff just come to collect tariffs once such communities are connected to the power grid. Is that fair? Fifthly, are DISCOs even paying the GENCOs appropriately and as when due? Go and read up how much they're owing GENCOs. On top the fact that these DISCOs owners are smiling to the banks everyday. Or we could prevail on Buhari to reverse the privatisation of power in return for paying the discos and GENCOS billions in compensation for in essence breaking their contract Not possible because the billions you're talking about is in dollars, not naira. And it is not a few billions of dollars. You need to read the ridiculous clauses put in place in case FG wants to get it back. |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by authority2006(m): 7:51am On Aug 29, 2021 |
Benjaniblinks: Buhari didn't privatise power sector, Jonathan did that. With the help and encouragement from people like you. |
Re: Confusion As Disco Announces Tariff Increase, NERC Silent by ayenale1(m): 7:52am On Aug 29, 2021 |
Its only in southern Nigeria i hear increase in electricity tarriff, in the north nothing of such...their meters too are kind of different with a cheaper rate... |
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