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Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? (54762 Views)

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Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by socialmediaman: 8:58pm On Apr 03
The Tinubu government has just increased electricity cost for band A customers to N225 per KPH.

For context, customers in the US pay about the same cost per KPH (or cheaper) depending on the state you live in.

Energy analysts are explaining that Nigerians are willing to pay more if they have access to electricity.

Based on data from NerdWallet, the average monthly electricity cost in the US is about $137 which is about N178,000.

Are you willing to pay N178,000 monthly for electricity for a 24-hour supply?

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by socialmediaman: 8:58pm On Apr 03
More context and data (using N1,300 = $1 conversion rate):

Electricity cost per KWH for band A in Nigeria = 17 cents. The minimum wage in Nigeria is N30,000 monthly.

Electricity cost per KWH in North Dakota (US) = 10 cents. Minimum wage in North Dakota is $7.25 per hour (N1.3 million naira monthly).

Electricity cost per KWH in Texas (US) = 15 cents. Minimum wage in Texas is $7.25 per hour (N1.3 million naira monthly).

Note: Many Nigerians living in major cities (rich or poor) in Nigeria fall within the band A category, including residents and businesses.

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by heniford2: 9:05pm On Apr 03
If that happens massive bypass will hit them

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by slimfit1(m): 9:05pm On Apr 03
Some people have destroyed this country for personal gain and their children won't benefit from it. Generating electricity for the whole country will create thousands of jobs. An ordinary monkey can figure that out. Sambo is one of the saboteur of electric generation. Jonathan lost me when he allowed his power minister to resign because Sambo told him to sack him.Sambo had and interest somewhere that we didn't know as usual. Whatever is working I will let somethings slide until I get my result then take action. Jonathan wanted to please Sambo.

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by Zwooks: 9:05pm On Apr 03
Wahala

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by socialmediaman: 9:06pm On Apr 03
nlfpmod
Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by aieromon(m): 9:14pm On Apr 03
socialmediaman:

Are you willing to pay N178,000 monthly for electricity for a 24-hour supply?

Let's look at the facts on ground.

House 1
Power load = 2000W
Average of 20hrs/day gives 600 hours in a 30 day calendar month.
Power consumption = 2kW * 600h = 1200kWh
Cost of power consumed = ₦225 * 1200 = ₦270,000

House 2
Power load = 2000W
Power is generated using a 2.5 kVA petrol generator. Running wattage is 2000W.
Fuel efficiency = 1.1litres/hour (15 litres in 14 hours at 50% load - generator will consume more if we increase the load but let us stick with this for the purpose of this comparison)
For House 2 to generate 600hrs in a month requires 660L of PMS.
At ₦560/litre, House 2 will spend a sum of ₦369,600 in an attempt to replicate power supply from DISCOs. Maintenance cost has not been factored in these calculations.

House 1 ₦225/kWh
House 2 ₦600/kWh

A lot of small scale businesses spend up to ₦178,000 monthly running petrol generators.

Power is not cheap!

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by numtums(m): 9:15pm On Apr 03
socialmediaman:
The Tinubu government has just increased electricity cost for band A customers to N225 per KPH.

For context, customers in the US pay about the same cost per KPH (or cheaper) depending on the state you live in.

Energy analysts are explaining that Nigerians are willing to pay more if they have access to electricity.

Based on data from NerdWallet, the average monthly electricity cost in the US is about $137 which is about N178,000.

Are you willing to pay N178,000 monthly for electricity for a 24-hour supply?
minimum wage in the u.s is about $1200 = about N1.5m per month. Are the government willing to pay this?

To be sincere I've given up on Nigeria, there are two problems; the government and the people. If the government changes are the people willing to change?

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by Rexymania(m): 9:15pm On Apr 03
Lies. Even if I have to pay that amount... It will be manipulated and the light will not be constant

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by socialmediaman: 9:16pm On Apr 03
numtums:
minimum wage in the u.s is about $1200 = about N1.5m per month. Are the government willing to pay this?

very good question

176 Likes 5 Shares

Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by Dialpad: 9:17pm On Apr 03
That's reasonable for 24/7 light...

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by AsomStructures: 9:19pm On Apr 03
numtums:
minimum wage in the u.s is about $1200 = about N1.5m per month. Are the government willing to pay this?

You've said it all bro

160 Likes 5 Shares

Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by NaMe4: 9:19pm On Apr 03
socialmediaman:
The Tinubu government has just increased electricity cost for band A customers to N225 per KPH.

For context, customers in the US pay about the same cost per KPH (or cheaper) depending on the state you live in.

Energy analysts are explaining that Nigerians are willing to pay more if they have access to electricity.

Based on data from NerdWallet, the average monthly electricity cost in the US is about $137 which is about N178,000.

Are you willing to pay N178,000 monthly for electricity for a 24-hour supply?

Minimum wage should be at least 800k per month.

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by Zxcvbnmghtr: 9:19pm On Apr 03
The increase in tarrif is very welcome. I was very glad when I heard the news. As for me, I am more than ready to pay. My hope is that the keep their end of the bargain, no disappointment 24/7 supply of electricity.

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by SmartPolician: 9:19pm On Apr 03
slimfit1:
Some people have destroyed this country for personal gain and their children won't benefit from it. Generating electricity for the whole country will create thousands of jobs. An ordinary monkey can figure that out. Sambo is one of the saboteur of electric generation. Jonathan lost me when he allowed his power minister to resign because Sambo told him to sack him.Sambo had and interest somewhere that we didn't know as usual. Whatever is working I will let somethings slide until I get my result then take action. Jonathan wanted to please Sambo.

This is how people fail exams, turn around and blame their lecturers. Answer a simple question and you are here telling a needless story.

To answer the question, I don't think the United States should be used as a benchmark because that country is very rich and we don't operate a dollar economy here. People can afford to pay that in the US, but we cannot.

Come to think of it, we don't import the raw materials we use to generate power. We have gas reserves in Nigeria and hydrothermal energy comes from dams.

How do Ivory Coast and Ghana enjoy steady power? Do they pay up to that? If they don't, we don't have any reason to. ECOWAS subregional countries share so much in common. What works for A should work for B. Those countries should be our yardstick, not almighty America!

256 Likes 27 Shares

Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by seborrhic: 9:24pm On Apr 03
socialmediaman:
The Tinubu government has just increased electricity cost for band A customers to N225 per KPH.

For context, customers in the US pay about the same cost per KPH (or cheaper) depending on the state you live in.

Energy analysts are explaining that Nigerians are willing to pay more if they have access to electricity.

Based on data from NerdWallet, the average monthly electricity cost in the US is about $137 which is about N178,000.

Are you willing to pay N178,000 monthly for electricity for a 24-hour supply?
Years ago when this epileptic power supply became an the norm,on the radio stations,many Nigerians were calling saying "Nigerians would pay,let them just give us constant power,nothing is moving in Nigeria because there is no regular power,Nigerians will pay".I was just laughing,in my mind these are clowns.
Just a few years or months later power improved,then tariffs went up.The same calibre of people started lamenting,"the bill is too much".
I then became angry because I knew that anyone saying Nigerians would pay any amount for regular power is either a child or mentally challenged.
Tariff should be affordable.
The most capitalist Nation in the world,the US,even there minimum wage earners can afford to pay tariff,even if it's 24,they just have to regulate their use when they are out.
Here even the fabled middle class would soon find it difficult to pay for power.
Imagine spending almost 200k a month just for electricity.Is that not madness!

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by jmoore(m): 9:24pm On Apr 03
Zxcvbnmghtr:
The increase in tarrif is very welcome. I was very glad when I heard the news. As for me, I am more than ready to pay.
The question is for those that pay bills by themselves.

132 Likes 11 Shares

Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by Chicagograduate(m): 9:24pm On Apr 03
In a third world country like Nigeria,Tinubu is causing more pain with his elitists policy.We dont earn the same jumbo salary like him and Akpabio.How can a below 30k as minimum wage earner couple with high unemployment,cough out this huge amount for electricity from his/her meagre earning?

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by Zxcvbnmghtr: 9:26pm On Apr 03
jmoore:

The question is for those that pay bills by themselves.

You mean it's not for ladies who men pay bills for them from their hard earned money because these men are are simps. grin

But how much is #178,000 monthly for constant electricity. About #6,000 a day.

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by mrvitalis(m): 9:27pm On Apr 03
socialmediaman:
The Tinubu government has just increased electricity cost for band A customers to N225 per KPH.

For context, customers in the US pay about the same cost per KPH (or cheaper) depending on the state you live in.

Energy analysts are explaining that Nigerians are willing to pay more if they have access to electricity.

Based on data from NerdWallet, the average monthly electricity cost in the US is about $137 which is about N178,000.

Are you willing to pay N178,000 monthly for electricity for a 24-hour supply?
I have always said it here, Nigerians that can afford 24 hours electricity already have it

There is no one that wants electricity 24/7 that can't get them

Nigerians want the impossible which is free/cheap and steady electricity... Electricity is luxury and we are too poor for it right now

We don't need electricity for development

There is absolutely no company you can start only when you have electricity 24/7 that u can't start now

13 Likes 8 Shares

Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by tobenuel(m): 9:42pm On Apr 03
Direct this question to APC defenders yarimo, helinues, EreluRoz and others

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by socialmediaman: 9:42pm On Apr 03
mrvitalis:

I have always said it here, Nigerians that can afford 24 hours electricity already have it

There is no one that wants electricity 24/7 that can't get them

Nigerians want the impossible which is free/cheap and steady electricity... Electricity is luxury and we are too poor for it right now

We don't need electricity for development

There is absolutely no company you can start only when you have electricity 24/7 that u can't start now

You mean electricity should be for the rich only, like Cell Phones or even phones in general used to be in Nigeria?

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by mrvitalis(m): 9:46pm On Apr 03
socialmediaman:


You mean electricity should be for the rich only, like Cell Phones or even phones in general used to be in Nigeria?
What' does the poor need steady electricity for

Electricity is not a right

Access to electricity is and u already have that

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by socialmediaman: 9:49pm On Apr 03
mrvitalis:

What' does the poor need steady electricity for

Electricity is not a right

Access to electricity is and u already have that

hahahaha @what does the poor need electricity for

You know the poor in the US (that is, those who feed hand to mouth and can barely save) have access and pay for electricity?

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by LordofNaija: 9:50pm On Apr 03
socialmediaman:
The Tinubu government has just increased electricity cost for band A customers to N225 per KPH.

For context, customers in the US pay about the same cost per KPH (or cheaper) depending on the state you live in.

Energy analysts are explaining that Nigerians are willing to pay more if they have access to electricity.

Based on data from NerdWallet, the average monthly electricity cost in the US is about $137 which is about N178,000.

Are you willing to pay N178,000 monthly for electricity for a 24-hour supply?
Are you willing to pay Nigerians average minimum wage in US. Idiot you are getting your indices from US for a country that pays 30k as minimum wage

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by ravensckar(m): 9:50pm On Apr 03
Nigerians can never learn! We're just too short sighted to see beyond our nose.

Let's start from FUEL SUBSIDY REMOVAL. Almost a year now that subsidy was removed, has any refinery been built? All the so-called CNG plan, which one has been implemented. The government just increased fuel price with bogus promise and we fell for it.

Now, it's ELECTRICITY TARIFF. The government is trying so hard to increase the tariff with nothing on ground. The issue of estimated billing (for unmetred households) hasn't been addressed. Power generation & transmission issue is still there. Some communities still don't have a functioning transformer, PHCN isn't doing anything about it. The govt's primary concern is to increase tariff. Tinubu just wants to sniff life out of poor Nigerians.

Also, comparing the tariff in Nigeria with that of U.S.A is a sign of brain fault. Why can't we compare the electricity tariffs of our West African neighbours like BENIN REP.,GHANA, IVORY COAST, etc. After all, they are enjoying 24/7 power supply.

After swallowing this Electricity Tariff increment, the next thing would be increase in the cost of assessing PUBLIC HEALTH CARE. That is of course after increasing school fee for all public institutions. Let's see how long we can all adjust. cheesy cheesy


And lest I forget, this Electricity Tariff increment will favour me and my family. cheesy cheesy

Las las, we go get sense for this country.

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by helinues: 9:53pm On Apr 03
Learning....
Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by phemmie06(m): 9:54pm On Apr 03
It is so annoying and wickedness at its peak when you compare the cost of services or items with the Western countries to prove that ours is cheaper when you don't compare the amount they earn with us.
Shame on you

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by lexy2014: 9:54pm On Apr 03
aieromon:


Let's look at the facts on ground.

House 1
Power load = 2000W
Average of 20hrs/day gives 600 hours in a 30 day calendar month.
Power consumption = 2kW * 600h = 1200kWh
Cost of power consumed = ₦225 * 1200 = ₦270,000

House 2
Power load = 2000W
Power is generated using a 2.5 kVA petrol generator. Running wattage is 2000W.
Fuel efficiency = 1.1litres/hour (15 litres in 14 hours at 50% load - generator will consume more if we increase the load but let us stick with this for the purpose of this comparison)
For House 2 to generate 600hrs in a month requires 660L of PMS.
At ₦560/litre, House 2 will spend a sum of ₦369,600 in an attempt to replicate power supply from DISCOs. Maintenance cost has not been factored in these calculations.



A lot of small scale businesses spend up to ₦178,000 monthly running petrol generators.

Power is not cheap!

you say "power is not cheap".

is the power available?

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by Sunnycliff(m): 9:54pm On Apr 03
What an emotional blackmail of empty rhetorics

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by NOETHNICITY(m): 9:55pm On Apr 03
We can’t compare Nigeria to the United States

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Re: Are You Willing To Pay N178,000 Monthly For A 24-hour Electricity Supply? by Omoapena(m): 9:55pm On Apr 03
How much is minimum wage?

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