StaffofOrayan:



Electricity simply means ENERGY!
The first industrial revolution was made possible with coal ENERGY
Do you even take a minute to think about the crap you are saying?
There is a reason ELECTRICITY is called POWER!

groovie:
MrVitalis is correct with his analysis. Until Nigeria graduates from a vicious economy to a virtuous economy we will keep hearing the same stories. Whatever happened to the Siemens power arrangement? Any serious company can get Nigeria powered in 1 to 2 years at least but the buying power of Nigerians have been frittered away through different means

mrvitalis:
The problem has never been electricity the problem has been poverty

If Nigerians are rich enough we would have 24 hours electricity

In fact 90% of Nigerians that can afford 24 hrs electricity enjoy near 24 hours electricity in Nigeria its that simple


Nigerians are too poor

Wealth creation through SMEs like Peter Obi suggested is the key thing

tunjilana:


This is the problem with the trader's line of thought. it is like the guy who controls 5 shops in Alaba versus the one who is sitting on the board of a conglomerate, they cant think same way, one is tactical, the other is strategic

Electricity generation is never efficiently done by individuals, it is always at a high cost and environmentally unfriendly ways, even when green technology is used, it will still be at the expense of ambience and ease-of-deployment.

Every sane country focuses on bulk generation (either by private or public enterprises ) while distributing to households.

SMEs wont thrive the way they should, if they have to focus on generating their own power, cos they will be frontloading a cost they are meant to pay gradually. While heavy manufacturers will even have to spend more, thus increasing their cost of production and ultimately cost of goods/services provided by them.

With upfront investments by government/private corporations towards boosting bulk generation, and efficient transmission to SMEs, plus stability and reliability, more SMEs will spring up and existing ones will thrive, while the investing entities recoup their funds and mak profit over time

But it is difficult to see this when wearing a trader-lens and believing society runs on individuals solving their problems and trying to be a master-of-your shop without thinking holistically about how society should function

tunjilana:


This is the problem with the trader's line of thought. it is like the guy who controls 5 shops in Alaba versus the one who is sitting on the board of a conglomerate, they cant think same way, one is tactical, the other is strategic

Electricity generation is never efficiently done by individuals, it is always at a high cost and environmentally unfriendly ways, even when green technology is used, it will still be at the expense of ambience and ease-of-deployment.

Every sane country focuses on bulk generation (either by private or public enterprises ) while distributing to households.

SMEs wont thrive the way they should, if they have to focus on generating their own power, cos they will be frontloading a cost they are meant to pay gradually. While heavy manufacturers will even have to spend more, thus increasing their cost of production and ultimately cost of goods/services provided by them.

With upfront investments by government/private corporations towards boosting bulk generation, and efficient transmission to SMEs, plus stability and reliability, more SMEs will spring up and existing ones will thrive, while the investing entities recoup their funds and mak profit over time

But it is difficult to see this when wearing a trader-lens and believing society runs on individuals solving their problems and trying to be a master-of-your shop without thinking holistically about how society should function

mrvitalis:

Bros are u saying your own thinking or facts ?

I dropped screenshot of industrial revolution and what lead to them

But nah you want to say your mind

Oga Nigeria don't lack electricity what we lack is commerical electricity

Access to electricity has been given to every Nigerian generate what you need

StaffofOrayan:



What are the four problems facing industrial development?
These challenges include inadequate power supply, management problems, lack of working capital, culture of business investment, government policies and interference and globalization.1 Feb 2017


researchgate.net
https://www.researchgate.net › publication › 3

mrvitalis:

Electricity doesn't bring prosperity prosperity brings electricity


Nigerians think upside down reall 95% of Nigerians can't afford 24 hours electricity per day... That's 5% are clustered on place that already have 24 hours power

eliyke:
but Benin republic nd some neighboring countries we claim we are supplying power hv 24hrs light,nd dey don't even pay much as we do..I hv friends 4rm both Benin republic nd cameroun.our problem is just corruption in every sector

mikeapollo:


The power generated by Dangote would be for his companies, not for the national grid.
Let's stop making excuses for the failure of a federal government that collects virtually all revenue accruable to the nation but is unable to deliver anything meaningful.

mrvitalis:

Lmaooo let me humor you yes electricity but not commercial electricity

Any serious factory can produce all their electricity they need

If sweets n chewing gum factory can power themselves

Electricity is not an excuse why we are not industrialized
The reason for the second industrial revolution was gas so people could produce power when when they want not commercial electricity

E go hard to educate Nigerians sha

mrvitalis:

Inadequate power supply ? Did they say inadequate commerical power supply?

Mehn Bros am exhausted

Yes ooh I agree oya rest

mrvitalis:

Bros no one would invest in our electricity unless we have a sizable amount willing and capable to pay it

Nigeria government is too poor to pay for it

Nigerian disco's are rejecting power as we speak they can't find enough people to constantly pay for 5000mw ...it's so bad they rely on government subsidy

Nah but you can't comprehend

Government should just give you electricity

groovie:


Good analysis. The NPP project and most recently the Siemens power project that has failed, could you kindly tell the main issues that put this projects on hold that would greatly improved power supply in Nigeria

tunjilana:



Before this fuel increase, many households spend more for fuel monthly than they spend for phcn...that shows that the market exist and the write investments will yield fruit....that is how investors think. If they can produce enough to take over what the generator and fuel budget currently does for households, then it is fair game

mrvitalis:
The problem has never been electricity the problem has been poverty

If Nigerians are rich enough we would have 24 hours electricity

In fact 90% of Nigerians that can afford 24 hrs electricity enjoy near 24 hours electricity in Nigeria its that simple


Nigerians are too poor

Wealth creation through SMEs like Peter Obi suggested is the key thing

mrvitalis:


I don't know where you got your history boss

Industrial revolution happened in the late 1700s while commercial distribution of electricity started in the late 1800s

It was actually the industrial revolution that develop people made them right to be able to afford electricity and making it economically variable to distribute electricity profitably

Africans are always getting development wrong

Elsueno:


dude just accept the correction....I can categorically tell u dat, as long as d govt can provide stable electricity, they would solve alot of d unemployment issues in dis country...Now IMAGINE having good roads, RESPONSIBLE SECURITY & adequate POWER....Trust me, Majority of Nigerians would not give a shyt about govt jobs or Care much when ur bosses buy a 200 million naira SUVs

mrvitalis:

Tell me what Nigerians would do with 24 hours light that they can't do now

Tell me 3

Elsueno:


They would spend less on fuel

They would be able to easily store preshible goods

Expansion and introduction of lots of SMEs( I know several Nigerian businesses around that either closed down due to lack of power or scaled down). These are businesses dat as far as I know never bypass or refuse to pay thier electricity bills. No matter how much u try to sugarcoat it, unless for very large industries or very unique factories, Powering thier businesses with fuel deeply eats into thier profits

mrvitalis:

Thank God I have people like you

Bros everyday try to educate people please it's important

emmaodet:


Then Mrvitalis, how come other poor countries like Angola, congo, Ghana with large impoverished citizens are able to enjoy 24hours electricity which goes against your argument

mrvitalis:

Ghana have constant power because they have natural dam advantage

We don't

Two they have far less population than us

CodeTemplar:
Dangote will soon generate more power for his industries than our grid can take at once.

CodeTemplar:
Dangote will soon generate more power for his industries than our grid can take at once.

eliyke:
but Benin republic nd some neighboring countries we claim we are supplying power hv 24hrs light,nd dey don't even pay much as we do..I hv friends 4rm both Benin republic nd cameroun.our problem is just corruption in every sector

Horus:

https://www.youtube.com/watch?v=oGC4-ar-YvU?si=2FPF55jcgExU6JWz

Nigeria urged to look at renewable energy to curb the power Shortage

There is an untapped potential for electricity generation in the renewable

and embedded generation business in Nigeria.

Its growth has been limited due to concerns over the ability of companies to distribute and pay for electricity.

mrvitalis:

Lol it's the other way round

We have towns in Nigeria with 24 hours electricity... What are the difference with omoku and Bonny ? Why are factories not moving to them? Lmaooo

mrvitalis:

Lmaooo let me humor you yes electricity but not commercial electricity

Any serious factory can produce all their electricity they need

If sweets n chewing gum factory can power themselves

Electricity is not an excuse why we are not industrialized
The reason for the second industrial revolution was gas so people could produce power when when they want not commercial electricity

E go hard to educate Nigerians sha