skj1377:

Am in band F. Less than 4hrs per day

And how much are you paying?

Band A pay for the service now.

Better one jare.

They keep increasing this electricity tariff over the years yet there is no significant improvement in power supply so what gives? All the billions stolen by politicians over the years would have been enough to fix our power sector and refineries but the rogues keep making Nigerians pay for their years of stealing and brigandage.
We we warned Tinubu was coming to tax Nigerians to death some people thought we were joking. As long as Nigerians continues to be foolish these politicians will always have their way.

jmoore:

And how much are you paying?

N18,000 per month. Estimated billing. I deposited for meter since last year June but they returned the money despite having paid for the new meter incremental price. They claimed they don't know when meter will be available and they don't want to hold my money.

DeepSight:


Surely it has to be that you are being paid a stipend to write this obnoxious daft nonsense?

As others have pointed out, do you not realize that, just as with the petrol subsidy issue, this will have a ripple effect on the prices of daily goods and services?

Yes, including those used by poor men?

What is wrong with you people? What makes you so desperate to defend your oppressors? Is there foam in your head?

I am sure you didn't read the complete post. Say and believe what you like.

BigDawsNet:
The goal is that Nigerians citizen must suffer first before they enjoy.

E be like your head no correct

YourKarma:



there's no light at the end of this tunnel. Nigerians are in for a long and painful ride

Hope dey bro

AntiChristian:
Only Band A users tarrif is increased!

Band B-E still dey N66/KWh!

How many of Una dey band A that uses minimum of 20 hours electricity per day?

Band A are those who uses minimum of 20 hours electricity per day! Only the pricing of these people were increased! Many people in band A were downgraded to Band B.

Band B uses minimum of 16 hours electricity per day!

Band C uses minimum of 12 hours daily!

Band D uses a minimum of 8 hours daily!

Band E uses a minimum of 4 hours daily!

Don't be surprised if all the bands get jacked up to this new price tariff..
Who is to control them?
NERC?
5k of token gives me about 95units.
I fear how much units I would get next time I buy

IbeOkehie:


In the initial stages of transition from controlled to free markets, prices tend to be high. When NITEL/MTEL was the sole monopoly for telecoms, prices were subsidized and low. Very few Nigerians had phones. When the market was privatized and deregulated, MTN started with a price of 50K per simcard, which was 500% of MTEL prices.

So prices will come down. That's how free markets work.

Good Luck to Nigeria.

Prices won't come down if government is moving away from subsidies, because even the US government provides electricity subsidies to both companies and individuals to keep production costs or consumer payments lower.

Don't swallow everything they tell you, do your own research and call your government to order

If things continue this way with this government in power I fear for Nigeria and Nigerians.
This man will totally destroy the little life left for Nigerians

jayce232:

You are the illiterate here!
Industries are labelled in band A category
The common man is the consumer & will be made to pay for their products. They are going to factor in this increase in their cost of production & the common man on the street will be made to pay for it dummy!

See why I said Obidenses are illiterates. So you don't know that industries will prefer 20hrs PHCN electricity to diesel generators. Even at that increased rate the cost of production will be lower because some companies left Nigeria because of the cost of diesel. Ghana that they go is more expensive than Nigeria but available. Anything to avoid diesel generators is far better. I know how much I spend on petrol generator for 6hours compared to 6hrs of PHCN. Sometimes times five.

AntiChristian:
Only Band A users tarrif is increased!

Band B-E still dey N66/KWh!

How many of Una dey band A that uses minimum of 20 hours electricity per day?

Band A are those who uses minimum of 20 hours electricity per day! Only the pricing of these people were increased! Many people in band A were downgraded to Band B.

Band B uses minimum of 16 hours electricity per day!

Band C uses minimum of 12 hours daily!

Band D uses a minimum of 8 hours daily!

Band E uses a minimum of 4 hours daily!

my Area, we only have light for about 2hrs in two or 3 days. We can go for 5 days without light.

What band are we on??

grandstar:


You want electricity but you don't want to pay enough for the Gencos and Discos to recover cost?

If the price being charged is not cost reflective, you won't get power. It isn't rocket science.

The federal government is owing the Gencos $1.2bn and Discos 1.3tr naira. That is why there isn't power. Government does not have money to be subsidizing piwer.

so what happened to the 16b $ the FG put into the power sector fir 16 years now?

never give up bro you may still win the first was david but you are facing goliath nw
no fear
GAME ON

socialmediaman:
For context:

This N225 naira per KPH is about 15 cents per kilowatt hour. The minimum wage in Nigeria is N30,000 monthly

North Dakota pays about 10 cents per kilowatt hour. Minimum wage in North Dakota is $7.25 per hour (N1.3 million naira monthly).

Texas pays about 15 cents per kilowatt hour. Minimum wage in Texas is $7.25 per hour (N1.3 million naira monthly).

What do you think the average wage is for those who are on Band A?

He used let the poor breath to deceive Nigerians




Una never see nothing...

successmatters:
Greedy old man intent on suffering his minions

We warned all of you, they will be using propaganda to report that the economy is getting better but na suffer go kill most Nigerians.

We warned you that this man is much more evil than his predecessor. He has nothing to offer, its just his turn to loot.

Tomorrow some CORNfused elements will be asking me why we the manufacturing sector are not bringing down prices of goods, na urine we dey take power our factories ni?

lol

Ashawoman82:
so what happened to the 16b $ the FG put into the power sector fir 16 years now?

There was never any $16bn. Iweala Okonji, who was the finance minister then said it was never more than $4bn.

Don't forget that OBJ paid off the country's debt with $12bn, left $20bn in the Excess Crude Account. And through his regime, the oil price never hovered above $65/barrel.

The government was the most prudent the country has ever had..

socialmediaman:
For context:

This N225 naira per KPH is about 15 cents per kilowatt hour. The minimum wage in Nigeria is N30,000 monthly

North Dakota pays about 10 cents per kilowatt hour. Minimum wage in North Dakota is $7.25 per hour (N1.3 million naira monthly).

Texas pays about 15 cents per kilowatt hour. Minimum wage in Texas is $7.25 per hour (N1.3 million naira monthly).

Thanks for the breakdown and comparison

Max24:

See why I said Obidenses are illiterates. So you don't know that industries will prefer 20hrs PHCN electricity to diesel generators. Even at that increased rate the cost of production will be lower because some companies left Nigeria because of the cost of diesel. Ghana that they go is more expensive than Nigeria but available. Anything to avoid diesel generators is far better. I know how much I spend on petrol generator for 6hours compared to 6hrs of PHCN. Sometimes times five.

You don't have single sense
You are comparing your usage to industrial usage? What do u have in your house? Use your electric iron on your phcn for 1 hour & use fuel for 1 hour & see which will be cheaper in the long run. We are talking about industries with machines & u are talking about your empty house. Arguing with u people is draining, u talk like robots! Anyone questioning this govt decision is automatically obidient? Was it only Labour party & APC that contested the last elections?
You don't know they were mixing power supply with diesel? Were they running constantly on diesel?? Let them add this new tarrif price to the mix & see if it doesn't reflect on their products. Every thing has been baseless hope upon hope, yet we are still yet to benefit anything & u are comparing Nigeria to Ghana? You are a fowl!

grandstar:


There was never any $16bn. Iweala Okonji, who was the finance minister then said it was never more than $4bn.

Don't forget that OBJ paid off the country's debt with $12bn, left $20bn in the Excess Crude Account. And through his regime, the oil price never hovered above $65/barrel.

The government was the most prudent the country has ever had..

Oga rest, go and make ur research, why we don't have power in Naija is because of the government and cabals, there are elites that are benefiting massively from our epileptic power.. It has nothing to do with power being expensive...

Tayorshd87:
Just to make nigeria better .


Go to overseas u pay more and enjoy what u use .

Nonsense

why are the politicians not suffering to enjoy tomorrow? Una go just wake up dey yàn wetin una like. Did you bother to ask yourself if developed countries went through this excruciating pain to get to whr they are today? Only in Nigeria are we told to suffer today and enjoy tomorrow. Since the structural adjustment programme of Babaginda, tell me anytime Nigerians have enjoyed anything, if not sufferings?

socialmediaman:


Prices won't come down if government is moving away from subsidies, because even the US government provides electricity subsidies to both companies and individuals to keep production costs or consumer payments lower.

Don't swallow everything they tell you, do your own research and call your government to order

The USA is rich because its economy is based on liberal capitalism and free markets. The US government has chosen to subsidizes some things because there's money to pay for it. The USA is one of the richest countries in the world while Nigeria is the Poverty Capital of the World. There's no basis for comparing the two. The State of North Carolina is about the 10th largest GDP in the USA and their 2023 Budget was $30 billion and it ran a budget surplus.

The Federal Budget of Nigeria has not exceeded $40 billion since 1999. The collective TOTAL REVENUE of all federal, state and local governments in Nigeria has been less than $30 billion dollars for at least the past 5 years, probably longer. From that total about 90% has been going to pay INTEREST on the public debt. For at least a decade the government has been borrowing to supplement those revenues, to the point that HALF the budget for 2023 was borrowed money...which was used to pay for everything else, including various subsidies like pilgrimages and N-Power grants and Anchor Borrower Loans.

So Nigeria is BANKRUPT, there's no money to pay ANY subsidy for ANYTHING. In the last 8 years the government solution to this bankruptcy was PRINTING MONEY not backed with any productivity and the result has been massive inflation of prices. Electricity can't be an exception.

When the NIGERIAN PEOPLE learn and demand the implementation of FREE MARKET CAPITALISM, Nigeria will become rich and then the government can afford to pay subsidies. Until then, the people must learn to be realistic in their demands. Or the government can continue printing naira to pay for everything, let's see how far that will go. It appears Nigerians haven't learned their lessons from the past 8 years.

Good Luck to Nigerians

jayce232:

You don't have single sense
You are comparing your usage to industrial usage? What do u have in your house? Use your electric iron on your phcn for 1 hour & use fuel for 1 hour & see which will be cheaper in the long run. We are talking about industries with machines & u are talking about your empty house. Arguing with u people is draining, u talk like robots! Anyone questioning this govt decision is automatically obidient? Was it only Labour party & APC that contested the last elections?
You don't know they were mixing power supply with diesel? Were they running constantly on diesel?? Let them add this new tarrif price to the mix & see if it doesn't reflect on their products. Every thing has been baseless hope upon hope, yet we are still yet to benefit anything & u are comparing Nigeria to Ghana? You are a fowl!

Anybody that tackles the incompetency of Emilokan is an obedient according to Agbadorians

IbeOkehie:


The USA is rich because its economy is based on liberal capitalism and free markets. The US government has chosen to subsidizes some things because there's money to pay for it. The USA is one of the richest countries in the world while Nigeria is the Poverty Capital of the World. There's no basis for comparing the two. The State of North Carolina is about the 10th largest GDP in the USA and their 2023 Budget was $30 billion and it ran a budget surplus.

The Federal Budget of Nigeria has not exceeded $40 billion since 1999. The collective TOTAL REVENUE of all federal, state and local governments in Nigeria has been less than $30 billion dollars for at least the past 5 years, probably longer. From that total about 90% has been going to pay INTEREST on the public debt. For at least a decade the government has been borrowing to supplement those revenues, to the point that HALF the budget for 2023 was borrowed money...which was used to pay for everything else, including various subsidies like pilgrimages and N-Power grants and Anchor Borrower Loans.

So Nigeria is BANKRUPT, there's no money to pay ANY subsidy for ANYTHING. In the last 8 years the government solution to this bankruptcy was PRINTING MONEY not backed with any productivity and the result has been massive inflation of prices. Electricity can't be an exception.

When the NIGERIAN PEOPLE learn and demand the implementation of FREE MARKET CAPITALISM, Nigeria will become rich and then the government can afford to pay subsidies. Until then, the people must learn to be realistic in their demands. Or the government can continue printing naira to pay for everything, let's see how far that will go. It appears Nigerians haven't learned their lessons from the past 8 years.

Good Luck to Nigerians

why is Nigeria the poverty capital of the world? What is the disparity between the pay of the minimum wager in USA and its senators compared to that of Nigeria?

I don't know why you people will always look for very primitive alibi to justify why Nigerians must continue to live in perpetual poverty. The senators' wages keep going high in Nigeria, but the citizens must suffer to enjoy tomorrow. Only in Nigeria do we spend billions buying cars for senators all the time, yet whr they are leaving office they go with this cars and other office equipments.

Olorun o gba wa

If you are for the people God will lift you, if you are not for us especially the poor


God will bring you down, no body is powerful as God


Leave the poor to breath

For the past a month, you have not been supplying good quality power, saying national grid has collapsed. Oshi

I noticed some fools were making references to band A-D rubbish and in the process trying to silence others making their statements ....based on over sabi...
.

Let's look into the implications of this hike ....forget the bands rubbish.........Nigeria is a country filled with greedy selfish gullible moral cowards were the law of the invisible hands and gravity's hardly works......tht is,once u creat a policy of increament it will be automatically sabotaged...for gains by some idiots who will tag it as grace later........this hike will creat a divide now ....the so called band d will no longer see the 4hrs light bcus the normal nigerians mentality of show off will begin to pay more money to get enough light at the detriment of the poor .....thus at the end this hike will bring about additional billings (secret) on the poor .........prices of some perishables will surge .... immediately owing to the normal mindset of a Nigerian always trying to profit from every lapses........brace up for impacts........Nigeria can only get better when they are ready to go the sri lanka way...

Tayorshd87:
Just to make nigeria better .


Go to overseas u pay more and enjoy what u use .

Nonsense

Some one made a comparison between North Dakota and Texas in the US and Nigeria even with their minimum wage($7.25) having more purchasing power than the minimum wage of Nigeria(#30k) , we are paying more than them even when they enjoy 24 hours non stop electricity and we don't. Is it the overseas you are talking about?

When making comparison make an informed comparison and not just throw words like a layman who doesn't know what to say as regards the subject matter.

IbeOkehie:


The USA is rich because its economy is based on liberal capitalism and free markets. The US government has chosen to subsidizes some things because there's money to pay for it. The USA is one of the richest countries in the world while Nigeria is the Poverty Capital of the World. There's no basis for comparing the two. The State of North Carolina is about the 10th largest GDP in the USA and their 2023 Budget was $30 billion and it ran a budget surplus.

The Federal Budget of Nigeria has not exceeded $40 billion since 1999. The collective TOTAL REVENUE of all federal, state and local governments in Nigeria has been less than $30 billion dollars for at least the past 5 years, probably longer. From that total about 90% has been going to pay INTEREST on the public debt. For at least a decade the government has been borrowing to supplement those revenues, to the point that HALF the budget for 2023 was borrowed money...which was used to pay for everything else, including various subsidies like pilgrimages and N-Power grants and Anchor Borrower Loans.

So Nigeria is BANKRUPT, there's no money to pay ANY subsidy for ANYTHING. In the last 8 years the government solution to this bankruptcy was PRINTING MONEY not backed with any productivity and the result has been massive inflation of prices. Electricity can't be an exception.

When the NIGERIAN PEOPLE learn and demand the implementation of FREE MARKET CAPITALISM, Nigeria will become rich and then the government can afford to pay subsidies. Until then, the people must learn to be realistic in their demands. Or the government can continue printing naira to pay for everything, let's see how far that will go. It appears Nigerians haven't learned their lessons from the past 8 years.

Good Luck to Nigerians

There's actually basis for comparing the two. Nigerian legislators are some of the highest paid in the world, Nigerian government expenditures for foreign trips and even executive allowances and expenditures compare to the rest of the developed world. A governor in the US can't afford to spend money the way Nigerian governors can.

So tell me, why can't the US be compared to Nigeria?

Ashawoman82:
Oga rest, go and make ur research, why we don't have power in Naija is because of the government and cabals, there are elites that are benefiting massively from our epileptic power.. It has nothing to do with power being expensive...

Oga,
This is not a sentimental issue.

If you're not paid enough to cover your cost, it will adversely affect your ability to supply.

Nigerians prefer to believe that canals and what not are the issues than squarely face the truth.

muykem:
You don't have mental capacity to read and understand. Band A electricity is purely for the rich.

You are actually the very dumb one here. Which one is band A is purely for the rich. Most people in cities, state capitals and the likes are on band A. I'm on band A and most people in my environment are not rich

BigDawsNet:
The goal is that Nigerians citizen must suffer first before they enjoy.

You have been suffering since 2015 since Buhari came into power...when will you start enjoying?