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Nairaland Forum / Nairaland / General / Politics / FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu (24498 Views)
Nigeria Can’t Continue To Be Father Christmas To Neighbouring Countries – Tinubu / FG To Use VAT Proceeds To Subsidise Electricity Tariff For 3 Months / Borrowing To Subsidise Electricity Grossly Irresponsible -FG (2) (3) (4)
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Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by eurogee: 12:25am On Feb 15 |
Fool. Empty head everywhere |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by blacknp(m): 12:38am On Feb 15 |
cucumbar:Very ironic, yet na you dey complain about hardship? |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by GENTLETEE(m): 12:39am On Feb 15 |
Even at that! Do you supply the electricity? |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by supredenki(m): 12:43am On Feb 15 |
My own is that in Nigeria we are not paying for the light we use. We are paying for the light we don't use...paying for the darkness we stay in. I hope you will not remove subsidy from the air we're breathing sha...as una don comot (from backdoor) subsidy for breeze wey don cause heat everywhere. |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by 43Ronin: 12:49am On Feb 15 |
grandstar:What is this one saying Is the subsidy hampering the generation of sufficient electricity? Or is the subsidy the reason why our power generation keep dropping?. So the govt is subsidizing what we don't have? So if the subsidy is removed will that make the Gencos increase our power generation from 4kmw to 25kmw? Egypt with a lesser population has an installed capacity of 60kMw but generating 29kmw at the mo. So please answer me will the subsidy removal make the power generation increase or it just frees up more money for government looting |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by Brushstrokes20: 1:00am On Feb 15 |
He who the gods wants to destroy, they first render MAD!👀👀😏 Pls keep it up, Una Cup go soon full ☕🍵💯 # USELESS GOVT of self serving THIEVES AND BLOODTHIRSTY TERRORISTS! 💯💯💯 # eBOLA has only come to STEAL, KILL AND DESTROY! 💯💯 |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by Anatolia: 1:07am On Feb 15 |
Tinubu is the new pharaoh and tax collector. He will not rest until he sucks Nigeria dry. |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by worksmart(m): 1:26am On Feb 15 |
I cannot imagine how the common man is managing to survive in Nigeria. Tinubu is running a government based on lies, deception, propaganda and false promises! *SMH* |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by FireUpNow(m): 2:00am On Feb 15 |
blacknp: Keep living in fools' paradise |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by ucheuzor1(m): 2:12am On Feb 15 |
But what just happened. We used to have light around magodo isheri axis almost 24 hours. We sleep with light virtually every night but now, we barely see light up to 1 hour the whole day. like wtf is really happening. Tinubu is just one slowpoke of a man. All these Yoruba tribalistic and bigots, hope you guys are happy with this dullard you guys have forced on us. it's well |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by ucheuzor1(m): 2:15am On Feb 15 |
grandstar: why not give us the power and let people bother about the payment. Honestly this country has degenerated into shit. I can't even sleep because of heat |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by almarthins(m): 2:43am On Feb 15 |
nlfpmod: IMF oh IMF! APC govt is the worst. If we no careful this country go soon burn. |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by nairalanda1(m): 4:39am On Feb 15 |
grandstar: They will now come and say that you are an APC apologist, and a tinubu supporter. The painful thing on Nairaland is that most Nairalanders don't want to hear your message. They are in pain from the economic hardship, and anything that means increases in prices, even if it means economic benefits in the long run, is anathema to them But the truth is, we have been paying subsidsied power prices for years, and we have bad power. We don't get the message and blame 'corruption and bad government'. Well, the bad government started with them forcing subsidsied prices on the power sector. Even the argument on african countries paying cost reflective tarrifs, dem go tell you it is because they have smaller population. . 4 Likes 2 Shares |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by nairalanda1(m): 4:43am On Feb 15 |
ucheuzor1: With which money? When GSM came to Nigeria, they were allowed to set their prices. Many people complained of being ripped off...and true true they ripped us off...earned large profits. But you know, they used those large profits to build up our telecoms infrastructure and system, the one we all use today. And service was poor in the early days. Back then, you could not make calls between networks, or call landlines, and as for browsing on your phone? Haha. Yet, Nigerians paid the price. Your power sector does not have that advantage gsm had. They are forced to charge at a loss, are paid subsides that do not cover that loss, and many Nigerians owe them lots of money from unpaid bills, and they are forced to rip off estimated billed people to make something to keep them from collapsing. And you expect these people to give you light 24/7? ON top of such disadvantages? OK. o, sorry, but that is magical thinking, not rational economic thinking. 1 Like |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by miketayo(m): 5:11am On Feb 15 |
There is nothing like electricity subsidy. When then want to double the price of something they use subsidy to cover up |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by idealogical: 5:14am On Feb 15 |
All the subsidies must be permanently removed because Nigeria cannot sustain subsidies indefinitely, subsidies is the reason why we in this mess. Imagine borrowing and spending trillions to subsidize everything from petrol to Naira , electricity and even education. We are basically living a fake and unrealistic life, you just cannot keep spending what you don't have. Nigerians love to make noise about foreign and other debts, but they still want to live on the same debt financed subsidies. Continued subsidies means a totally bankrupt future.. 3 Likes 2 Shares |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by MarketDispatch: 5:45am On Feb 15 |
nlfpmod: This Minister of power lacks ideas...why will he be talking of shortage of gas in a gas rich country? |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by nairalanda1(m): 5:48am On Feb 15 |
MarketDispatch: Because for a long time, Nigeria has not been harnessing its gas potential well...and this goes back decades. We prefer to flare gas rather than use it. |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by ubimagos: 6:31am On Feb 15 |
Subsidy with these high tariff! I wonder what it would become without subsidy yet no power anywhere. |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by Ategberoson(m): 6:51am On Feb 15 |
blacknp: When did I sit with you to discuss deregulation? Is it until they overrule his govt before he will do the right thing Na me u won dey use practice economics, I'm telling you reality, you're proving shit |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by akaahs(m): 7:10am On Feb 15 |
adioolayi:...and who told u neighbouring countries don't enjoy electricity from Nigeria?? Emelokan spotted fir u to carry that propaganda they sold to u guys and run with with it. |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by grandstar(m): 7:12am On Feb 15 |
43Ronin: Yes, power supply will increase once electricity bills are cost reflective. Nigerias installed capacity is around 12,500MW. This is more than the nation currently needs. I am certain that within 2 year, Nigerians will be assured of at least 20hours of power supply. Deregulated pricing worked magic in the telecoms sector and would do likewise in the power sector Mtel which was forced to sell at a "masses popular" price of 22 per minute went under. 2 Likes 1 Share |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by dcasca(m): 7:14am On Feb 15 |
What is this one talking about? Nobody is addressing the hardship in the country. What exactly are we gaining from the government? One day, the masses will hit the street and deal with the so called politicians.... Revolution loading |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by Taigaban: 7:47am On Feb 15 |
Oga minister, is the government using your money to pay for Electricity subsidy? |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by zico10(m): 8:01am On Feb 15 |
Minister of powerless and darkness is taking. Just keep it up and make sure you don't bother to contest for governorship election in oyo state o. 1 Like |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by Chachamiliano: 8:13am On Feb 15 |
nairalanda1: What stops them from issuing out pre paid meter? What stops them from increasing our power generations? Must be read from the scripts written for him? Will the minister says he doesn't enjoy power supply 24/7? He is more Nigerian than you and I? I stopped taking him serious when he blocked the road at Molete last 3 weeks or so just to re-welcome him back to Apc. |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by YourGFsnatcher: 8:16am On Feb 15 |
money121:I will not be surprised if we have plenty people defending this. We have so much duns that are suffering and smiling. 1 Like |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by YourGFsnatcher: 8:17am On Feb 15 |
creolehunt:Aswae 1 Like |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by Chachamiliano: 8:18am On Feb 15 |
Some Nigerian enjoy suffering or rather wants other Nigerian to continue to suffer due to the peanuts they enjoy from the administration in power. Let's always remember Thomas Hobbes quote We cannot get in the state of nature. Because nobody will be safe |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by nairalanda1(m): 8:20am On Feb 15 |
Chachamiliano: It is not a matter of pre-paid meter, it is a matter of bills not being cost reflective....and a matter that a lot of customers do not pay their bills. Power costs between N50-71 per kwh. The cost of producing that power is above N80 per kwh. Countries who have 24/7 power like Ivory coast have charges as high as N180 per kwh for power in households. And most people pay over there. |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by fredie107(m): 8:25am On Feb 15 |
But they can continue to steal from ordinary Nigerian and make them suffer.... |
Re: FG Can’t Continue To Subsidise Electricity — Power Minister, Adebayo Adelabu by Inosky: 8:40am On Feb 15 |
Mu.mu government headed by a thievf |
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