Power improves during the Rainy season

Only in Nigeria we see cartels and cabals greater and more powerful than Government.

nairalanda1:


It's because we don't want to pay market price for electricity

Another false narrative.
It's because of lack of adequate planning and corruption.
How much is the market price of an electricity produced from gas (LPG/CNG) by a country touted with one of the largest gas reserves in the world, but choose to flare most of it?

What is the market price for electricity for a country with so many rivers including the Dongo River on the mambilla plateau that can single handedly generate 3000MW of electricity?

D

Still waiting to see the effect of the increased generation. Still in darkness for weeks now.

SpecialAdviser:
If you understands simple propaganda, you will know that this warning is called FUTURE POSSIBLE EXCUSE

🤣🤣🤣🤣🤣🤣

Exactly!!

Proposed site for excuse.

Power rises and blackouts rise. Nigeria my country where increase in power generation is directly proportional to blackouts.

wirinet:


Another false narrative.
It's because of lack of adequate planning and corruption.
How much is the market price of an electricity produced from gas (LPG/CNG) by a country touted with one of the largest gas reserves in the world, but choose to flare most of it?

What is the market price for electricity for a country with so many rivers including the Dongo River on the mambilla plateau that can single handedly generate 3000MW of electricity?

Respectfully, I disagree

The experts have repeatedly stated that our lack of a cost reflective tarrif is why we don't have good enough power.

We are paying less than 70 naira per kWh, meanwhile the cost reflective tarrif is supposed to be 184 naira per kWh

In 2019, we were.paying between 20 to 30 naira per kWh. Cost reflective tarrif was 58 naira at least.

I agree most of us are poor and I agree most of us have never had good government, but you cannot run a power company at a loss and expect miracles

Indeed many discos have fallen because of low profit. The nesi owes the gas companies trillions of naira.

Even the corruption and lack of planning is a result of lack of profitability. Similar things do not exist in sectors that are allowed to set their prices because it would harm their bottom line.

The only way this system we have can work is if government raises tax to gdp above 30% or even 50 % or more. Especially since a subsidy of at least 3 Trillion naira per annum is needed. But sadly that is not possible. Even fighting corruption, which we got to do, and must do, won't raise the cash. And no investor is going to come and invest in a sector where 80% of people are paying below the cost reflective tarrif. I mean it harms their bottom line.

We need money to harness all that latent gas and hydro power. And unless government is ready to raise money via taxes, nothing will change.

God knows I wish there was another way. I effing wish so.

Hope no be audio MW? Because with this APC government, anything is possible.

adenigga:



Source: https://punchng.com/FG-warns-saboteurs-as-power-generation-rises-to-4,800MW

AqualinaXYZ:




So the so called saboteurs no get name?







Tinubu is very useless

Para e

Ever since they start this their band A scam, people no dey see light again. All power is now channeled to Band A customers only, whatever is left is sent to other bands, I pity bands D and E people

tnerro1:
Ever since they start this their band A scam, people no dey see light again. All power is now channeled to Band A customers only, whatever is left is sent to other bands, I pity bands D and E people

Band a people are paying above the cost reflective tarrif. The rest of us aren't.

So the power companies are simply maximizing profit from their best paying customers.

Fearyourcreator:

Para e

Obo....Monkey.....Tinubu is not doing well and you animals keep supporting him.....you are a bastard....

What is published is different from reality.

You want to tell me that slept in darkness that power has improved.

PressMyButton:

You've not be hearing about the reports of vandals destroying transmission lines?

Is a lame excuse why don't they take proactive measures, get security personnels to deal and flush them out not lamenting on media

Almunjid:
4,800 MW for over 220 million people? Sometimes when I compare Nigerian power sector with other countries in Africa, I can't help but to be ashamed of being a Nigerian.
Na when the world don remain 4 days and 80 seconds to end we go develop?

how many megawatts did pdp generate after 16 years and $16 billion

234GT:


Obo....Monkey.....Tinubu is not doing well and you animals keep supporting him.....you are a bastard....

Na your tribe head dey look like monkey na ... Na Tinubu spoil your life bah... Sit down there dey blame government for your life you personally destroyed yourself... Oponu ,ole

nairalanda1:


It's because we don't want to pay market price for electricity

Other African countries do that, that is why they have better power outcomes. We don't, here we are.

You get what you pay for. No profit , no money to fix transmission and generation.

Right now, we should be paying 184 per kWh . Apart from band a, most of us pay 50 to 70 naira per kWh. That's 80% of consumers. Naturally no profit is made, and government subsidies are not enough.

And gas suppliers are getting fed up with being owed.

That is a big lie, efficiency must preceeds charges, what we see in other countries is "Service reflective tariff" ...
they want Nigerians to pay more, but the infrastructures on ground is not convincing

No country pays for darkness like Nigerians, it is fraud-like to ask people to pay more with the hope service will improved

lhurd:
Hope no be audio MW? Because with this APC government, anything is possible.

how many megawatts did pdp generate after spending $16biillion and using 16 years?less than 5000 megawatts

nairalanda1:


It's because we don't want to pay market price for electricity

Other African countries do that, that is why they have better power outcomes. We don't, here we are.

You get what you pay for. No profit , no money to fix transmission and generation.

Right now, we should be paying 184 per kWh . Apart from band a, most of us pay 50 to 70 naira per kWh. That's 80% of consumers. Naturally no profit is made, and government subsidies are not enough.

And gas suppliers are getting fed up with being owed.

Are u indirectly proposing a hike in electricity tariff across all bands as the solution to our predicament? What about corruption? Just like Government releases funds in Billions and ended up being looted, how sure are u that the profits made from hiking electricity tariff will be used to fix transmission and generation of our power sector?

theredaddy:




That is a big lie, efficiency must preceeds charges, what we see in other countries is "Service reflective tariff" ...
they want Nigerians to pay more, but the infrastructures on ground is not convincing

No country pays for darkness like Nigerians, it is fraud-like to ask people to pay more with the hope service will improved

I wish it was a lie.

But at the moment, the cost reflective tarrif is 184 naira per kWh. 80% of consumers pay below 75 naira per kWh

That means losses of 110 naira per kWh of power sold. To cover the losses, government has to pay a subsidy of 3.7 trillion naira or more

We are paying for darkness because we aren't paying enough for 24/7 light

Would you run your business at a loss to help the poor.

That's why you buy transformers and poles and wires. You ain't paying enough for the disco to buy them in the first place

Tetrahedron:
Don’t warn them!
Shoot like 3 people sighted vandalizing the power cables on spot, the rest will learn

You want to shoot cartel and cabal on the spot?

Almunjid:

Are u indirectly proposing a hike in electricity tariff across all bands as the solution to our predicament? What about corruption? Just like Government releases funds in Billions and ended up being looted, how sure are u that the profits made from hiking electricity tariff will be used to fix transmission and generation of our power sector?

Yes.

Plus billions aren't enough, the electricity sector needs trillions of naira in investment yearly. Like now the government need to pay subsides of 3.7 trillion naira yearly, which is what they spent in 16 years for power.

And once there is a cost reflective tarrif, there would be profits and no room for corruption in the sector

zionstaar75:
how many megawatts did pdp generate after 16 years and $16 billion

The thing is we need something like 10 billion dollars per annum over 10 years to get power.

16 billion dollars was enough to take us from 1200 mw in 1999 to 7000 mw in 2014.

16 billion looks like a lot of money, but in the long run it isn't.

Just 4.8k?
"Power is not rocket science" - BRF, Circa 2014.

This people think we are dumb , the 4.800mw increase is as a result of rise in water level, it is not as if they did anything different.

nairalanda1:


Respectfully, I disagree

The experts have repeatedly stated that our lack of a cost reflective tarrif is why we don't have good enough power.

We are paying less than 70 naira per kWh, meanwhile the cost reflective tarrif is supposed to be 184 naira per kWh

In 2019, we were.paying between 20 to 30 naira per kWh. Cost reflective tarrif was 58 naira at least.

I agree most of us are poor and I agree most of us have never had good government, but you cannot run a power company at a loss and expect miracles

Indeed many discos have fallen because of low profit. The nesi owes the gas companies trillions of naira.

Even the corruption and lack of planning is a result of lack of profitability. Similar things do not exist in sectors that are allowed to set their prices because it would harm their bottom line.

The only way this system we have can work is if government raises tax to gdp above 30% or even 50 % or more. Especially since a subsidy of at least 3 Trillion naira per annum is needed. But sadly that is not possible. Even fighting corruption, which we got to do, and must do, won't raise the cash. And no investor is going to come and invest in a sector where 80% of people are paying below the cost reflective tarrif. I mean it harms their bottom line.

We need money to harness all that latent gas and hydro power. And unless government is ready to raise money via taxes, nothing will change.

God knows I wish there was another way. I effing wish so.

i also disagree with you, for all the tariff you quoted you failed to put into cognisance GOvt subsidize power i.e there is a subsidy regime which Phcn as never debunked

The main setback in the power sector is "corruption" lets call a spade a spade

Everywhere in the world cost reflective tariff is subservient to service reflective tariff ... if Phcn is serious about cost reflective tariff then let Nigerians see a convincing infrastructural development that can guarantee stable supply

zionstaar75:
how many megawatts did pdp generate after 16 years and $16 billion

Keep political parties out of the discussion. I'm worried about Nigerians and corruption. Nigerians regardless of our political affiliations have the same mentality of using public funds for enriching oneself rather that building a nation for all.

Fearyourcreator:

Na your tribe head dey look like monkey na ... Na Tinubu spoil your life bah... Sit down there dey blame government for your life you personally destroyed yourself... Oponu ,ole

omo ale....bastard....

nairalanda1:


Yes.

Plus billions aren't enough, the electricity sector needs trillions of naira in investment yearly. Like now the government need to pay subsides of 3.7 trillion naira yearly, which is what they spent in 16 years for power.

And once there is a cost reflective tarrif, there would be profits and no room for corruption in the sector

K. But the average Nigerian can't afford pay N184 per kWh considering our minimum wage and the high cost of living. Any other way out?

nairalanda1:


I wish it was a lie.

But at the moment, the cost reflective tarrif is 184 naira per kWh. 80% of consumers pay below 75 naira per kWh

That means losses of 110 naira per kWh of power sold. To cover the losses, government has to pay a subsidy of 3.7 trillion naira or more

We are paying for darkness because we aren't paying enough for 24/7 light

Would you run your business at a loss to help the poor.

That's why you buy transformers and poles and wires. You ain't paying enough for the disco to buy them in the first place

If you acknowledge govt is paying subsidy then what is the essence of the subsidy if you insist there is a LOSS.

Is subsidy not meant to cover up loss .. or is govt paying. that talk of losing 110 per/kwh is INVALID abeg

Nigerians are paying for darkness becos of embezzlement and diversion of funds call it "corruption" ...

I insist service should reflect charges, if i enter a barber shop n the charge is 50k ... i must see service and an environment that reflect the price ...
you can't charge me 50k for haircut base on 3D of what to expect when next i come