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Nairaland Forum / Nairaland / General / Politics / FG Warns Saboteurs As Power Generation Rises To 4,800MW (9821 Views)
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Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by olatade(m): 7:54am On May 03 |
Power improves during the Rainy season 4 Likes |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by Morbeta11(m): 7:55am On May 03 |
Only in Nigeria we see cartels and cabals greater and more powerful than Government. 1 Like |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by wirinet(m): 7:55am On May 03 |
nairalanda1: 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? 5 Likes |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by KendoRide: 7:55am On May 03 |
D |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by themanderon: 7:57am On May 03 |
Still waiting to see the effect of the increased generation. Still in darkness for weeks now. 1 Like |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by Elusive001: 8:05am On May 03 |
SpecialAdviser: 🤣🤣🤣🤣🤣🤣 Exactly!! Proposed site for excuse. 2 Likes 1 Share |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by illuminutty: 8:10am On May 03 |
Power rises and blackouts rise. Nigeria my country where increase in power generation is directly proportional to blackouts. 1 Like |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by nairalanda1(m): 8:11am On May 03 |
wirinet: 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. 2 Likes |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by lhurd: 8:13am On May 03 |
Hope no be audio MW? Because with this APC government, anything is possible. adenigga: 1 Like |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by Fearyourcreator: 8:14am On May 03 |
AqualinaXYZ:Para e |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by tnerro1(m): 8:28am On May 03 |
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 1 Like |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by nairalanda1(m): 8:29am On May 03 |
tnerro1: 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. 3 Likes |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by 234GT(m): 8:30am On May 03 |
Fearyourcreator: Obo....Monkey.....Tinubu is not doing well and you animals keep supporting him.....you are a bastard.... 1 Like |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by faceland: 8:32am On May 03 |
What is published is different from reality. You want to tell me that slept in darkness that power has improved. |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by patrickcollins: 8:32am On May 03 |
PressMyButton:Is a lame excuse why don't they take proactive measures, get security personnels to deal and flush them out not lamenting on media 1 Like |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by SirLakes: 8:33am On May 03 |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by zionstaar75: 8:33am On May 03 |
Almunjid:how many megawatts did pdp generate after 16 years and $16 billion |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by Fearyourcreator: 8:33am On May 03 |
234GT: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 1 Like |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by theredaddy: 8:35am On May 03 |
nairalanda1: 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 2 Likes |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by zionstaar75: 8:37am On May 03 |
lhurd:how many megawatts did pdp generate after spending $16biillion and using 16 years?less than 5000 megawatts |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by Almunjid(m): 8:38am On May 03 |
nairalanda1: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? |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by nairalanda1(m): 8:40am On May 03 |
theredaddy: 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 1 Like |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by CrossRhodes: 8:41am On May 03 |
Tetrahedron:You want to shoot cartel and cabal on the spot? 2 Likes |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by nairalanda1(m): 8:42am On May 03 |
Almunjid: 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 |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by nairalanda1(m): 8:46am On May 03 |
zionstaar75: 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. |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by WeirdAlien: 8:48am On May 03 |
Just 4.8k? "Power is not rocket science" - BRF, Circa 2014. |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by EZENDIZUOGU(m): 8:49am On May 03 |
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. |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by theredaddy: 8:50am On May 03 |
nairalanda1: 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 |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by Almunjid(m): 8:51am On May 03 |
zionstaar75: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. |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by 234GT(m): 8:54am On May 03 |
Fearyourcreator: omo ale....bastard.... |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by Almunjid(m): 8:58am On May 03 |
nairalanda1: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? 1 Like |
Re: FG Warns Saboteurs As Power Generation Rises To 4,800MW by theredaddy: 9:05am On May 03 |
nairalanda1: 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 |
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