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Nairaland Forum / Nairaland / General / Politics / Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH (33397 Views)
We Will Increase Tariff From July 1 - AEDC Alerts Customers / FG Secretly Raises Electricity Tariff - LEADERSHIP / NERC Directs Discos To Increase Tariff From April 1 (2) (3) (4)
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Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by Free2Fly: 1:47pm On Apr 04 |
AntiChristian: Jihadist don't curse; they do ''allahu akBOMB!'' |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by Ebeano49(m): 2:28pm On Apr 04 |
Band or no band, we all know that the higher rate will be applied to ALL customers through the back door. Who even sees up to 20hrs of uninterrupted power in this country? 1 Like 1 Share |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 2:35pm On Apr 04 |
grandstar: Keep fooling yourself, you claim non - partisan yet you mentioned Obi, was Obi the only presidential candidate? What about fighting corruption and stopping wasteful expenditures? |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by 6footplus(m): 2:58pm On Apr 04 |
aieromon: Even village like Iju Ishaga is among the Band A. Just imagine 10k that was getting us 133 units is now getting us 41 units as of today. Dem no even give us small gap to brace for the change. Na with immediate effect 1 Like |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by socialmediaman: 3:05pm On Apr 04 |
Max24: You called OBIdients “illiterates” but couldn’t take the name calling? Na so una de do for here? 1 Like |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 3:15pm On Apr 04 |
Tenshades: Says a clown. If you are honest to yourself, you would have pointed out the errors or misconceptions by ppl. |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 3:15pm On Apr 04 |
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Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 3:18pm On Apr 04 |
Max24: Zombie, when you ppl are ready to think and act rationally, then we can talk. |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 3:20pm On Apr 04 |
IbeOkehie: I hate to argue things that are obvious. Is corruption index based on amount stolen or frequency or level of corruption on the system? |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by Rejoice28(f): 3:52pm On Apr 04 |
Friends Jesus Christ loves y'all and he want you to accept him as your personal lord and saviour by giving your life to Christ, believing in him and repenting of your sins.remember tomorrow might be too late. Shalom 1 Like |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by IbeOkehie: 3:53pm On Apr 04 |
blueAgent: The answer lies in articulating the CAUSE of corruption in ANY country. Then everything becomes clear. I await your answer - What is the CAUSE of corruption? Good Luck to Nigeria. |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by billyG(m): 3:58pm On Apr 04 |
Thunder Fire them! |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by Max24: 4:58pm On Apr 04 |
blueAgent:Keep ranting. Tinubu will spend his 8 years and it will be the most impactful administration in the history of the country |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by benedictnice(m): 5:45pm On Apr 04 |
Na band Z we dey use for my area AntiChristian: |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 5:50pm On Apr 04 |
Max24: Who cares? If he likes he should spend 400yrs, your life would only get worst. Clown. Most impact in distributing poverty and hardship Olodo |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by Max24: 5:52pm On Apr 04 |
blueAgent:Nah you know. May your ranting never stop ! |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 5:53pm On Apr 04 |
IbeOkehie: What kind of meaningless question is this? You have Google to ask and you are asking me. Human greed and selfishness, which is inherent in blacks than any other race. |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by IbeOkehie: 6:35pm On Apr 04 |
blueAgent: Greed and selfishness are common human failings that can only be acted on when there's OPPORTUNITY to do so. The major cause of corruption in Nigeria is government ownership of economic resources & commercial companies, government payment of subsidies and government regulation of prices. That's it. Once all that government involvement is abolished, there will be very little opportunity for anyone to act upon their natural tendency to be greedy, wicked and selfish. I've never heard of anyone consenting for sex as a condition to admission to Covenant or Igbinideon Universities, but it's rampant at Unilag. Evidence in Nigeria - telecoms, cement and broadcasting companies. Very little complaints of corruption in those industries because government has very little involvement in their operations. Simple stuff, but somehow very hard for Nigerians to comprehend. Have a good day. Good Luck to Nigeria. 3 Likes 1 Share |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by omohayek: 6:55pm On Apr 04 |
IbeOkehie:My thoughts exactly. Nigerians suffer from a strange mental block when it comes to understanding that the highly subsidized living they feel entitled to is at the root of the rampant corruption and slow growth they constantly wail about. The more government interferance in the economy, the bigger the scope for corruption. 3 Likes 2 Shares |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by socialmediaman: 7:03pm On Apr 04 |
omohayek: the US government provides subsidies on electricity to lower the cost of production for companies, and electricity costs to consumers |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by omohayek: 7:10pm On Apr 04 |
socialmediaman:So what? It doesn't disprove the point that the more government interference, the bigger the scope for corruption. Just because there's more room for corruption doesn't mean corruption will always occur, but countries like the USA have stronger institutional checks on corruption than a basketcase like Nigeria. In the USA the judiciary and the legislature are truly independent of the executive, the states have real autonomy (as they don't depend mainly on federal handouts), and enough voters care more about corruption than mere tribal and religious allegiance (millions of Trump-supporting dimwits notwithstanding). Precisely because Nigeria lacks the strong institutions the USA enjoys, it has less room to tolerate government intervention in its economy. How exactly do you think the incompetent owners of the DISCOs and GENCOs got where they were if not for sweetheart deals made under GEJ's government? 5 Likes 1 Share |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by IbeOkehie: 7:16pm On Apr 04 |
omohayek: Same thing in the great USA. We know ALL crude oil blocks & leases in Nigeria are ultimately owned and allocated by government. We know the corruption that goes with it. In the USA most crude oil blocks & leases are privately owned...but there's a small percentage that's owned by the Federal Government because they're on federal lands. Here's a report on the corruption that goes on there:
Privatization, abolishing subsidies and deregulation of prices is the solution. Good Luck to Nigeria. 1 Like |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by socialmediaman: 7:23pm On Apr 04 |
omohayek: You could’ve simply taken the information, thanked me, then kept quiet. |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 9:26pm On Apr 04 |
IbeOkehie: You are half smart. The bulk of corruption occurs in government ministries and parastals, the executive the legislature and the judiciary as well as the police. Are you suggesting we privatise those agencies and arms of government ? |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 9:27pm On Apr 04 |
Max24: Am sure you have nothing to eat this night. Zombie. No worry 2027 is far, very soon poverty would reset your brain. Clown. |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by omohayek: 9:35pm On Apr 04 |
socialmediaman:You should have taken your own dumb advice, instead of exposing yourself as having an IQ below 70. 2 Likes |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by Max24: 10:27pm On Apr 04 |
blueAgent:Nah so. Come and give me corn to eat. Ebi Npawa ooo. Mumu oshi ! |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by IbeOkehie: 1:11am On Apr 05 |
blueAgent: There's no country in the world with zero corruption. Certain public functions can only be done by government to avoid self dealing and promote fairness. There should be severe restrictions on the expansion of government beyond those functions. Also note that with privatization and deregulation, the vast majority of government agencies can be abolished. For example, there's no need for a Ministry of Sports or government controlled Nigeria Football Federation. The advancement of technology can convert certain public functions into private activity. Example block chain currencies like bitcoin can replace the naira and thus the Central Bank. Further back in time improved technology made telecom monopolies obsolete, same as solar electricity will reduce the need for a central grid system. Abolishing government subsidies, control of resources, ownership of commercial institutions and regulation of prices - and the agencies that administer them - will drastically reduce corruption and also cut down the cost of government. Evidence abounds. Unilag vs Covenant University or NITEL/MTEL vs private telecoms companies. Cement Armada subsidy corruption vs privatized cement companies. When privatization & deregulation is implemented, it will result is strong economic growth and increased government revenue. There will be enough for government officials to steal without heavy impact on the lives of citizens. This is the case in every developed country including USA, China, Singapore and Japan. When such stealing does occur, it's up to the citizens to hold politicians accountable at the ballot box. Thanks. Good Luck to Nigeria. 1 Like |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 7:41am On Apr 05 |
IbeOkehie: Who told you there is no corruption in the private sector? |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by IbeOkehie: 10:31am On Apr 05 |
blueAgent: Of course there is. It's different from government related corruption because (1) The business will suffer the consequences, not the public. (2) Customers most times have a say in patronizing the business. (3) Competing businesses provide alternatives. Ever heard of admission officers demanding sex as a bribe at private universities? It happens at federal and state universities, video abounds on the internet. Private banks that give out corrupt or foolish loans will suffer the consequences and fail. Diamond Bank is a good example. A major shareholder installed his son as CEO. That's a form of corruption called nepotism. Unfortunately the son wasn't very good at the job. His family lost a lot of money when the bank collapsed. If Diamond Bank was owned by government the losses would have been borne by the public. There would also have been a lot of controversy about the sale to Access Bank. MTN in the early days of telecoms was corruptly overcharging customers based on per minute billing. People complained. Globalcomm then provided an alternative per second billing and the rest is history. I've recounted evidence from the past. Now prediction. The new Renting Laws in Lagos state are a form of price regulation. Enforcing them will result in higher prices and corruption. We will all read and hear the stories in the coming years. Corruption exists everywhere. The real quest is how to reduce it. The evidence is that such reduction can be accomplished by implementing widespread privatization of resources and commercial institutions and deregulation of prices. These are simple, easily deduced facts. I don't understand why Nigerians are so in love with socialism despite available evidence that we all have lived through in the past 20 years or so. Well actually I do know why, but let's not get into that. Thanks anyway, have a good day. Good Luck to Nigeria. 1 Like 1 Share |
Re: Tinubu’s Government Raises Electricity Tariff From N66 To N225 Per KPH by blueAgent(m): 3:14pm On Apr 05 |
IbeOkehie: Am a strong advocate for capitalism and private sector control of the economy, you can check my quotes. What you fail to understand is that what works in Western climes does not work here in Africa. |
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