CluelessMODS:

You wan fuvk Bobrisky ni?

Lol.

Una own no dey pass that imagination.

MoneyMan5:


Typical Nigerian talking ignorantly with so much confidence.

You are delusional if you think they are not budgetting billions for power, you think they generate power out of thin air?

Power isn't cheap in any developed countries, how much is Nigeria even spending on power especially with how worthless naira is ? you guys just exaggerate.

USA spend at least the GDP of Nigeria on power every year.

Although there's problem of corruption, the truth is Federal government need to budget more money to truly fix power in Nigeria, every developed and serious country know how important power is and invest heavily in the sector but Nigerians still have very high expectation with just investing so little and making a little effort.

You want to use 2 billion dollars to generate sufficient power for 200 million people ? keep dreaming, you guys are not serious yet and still under estimate what it will take to generate sufficient power for 200 million population.

God bless you for this comment. The ignorance is tiring.
Just imagine someone saying confidently that all these countries are not spending as much as Nigeria! South Africa is not on the list and they are spending way more than Nigeria.

madjune:


Lol.

Una own no dey pass that imagination.

No be you dey find am?...😂😂

Tjra:

We will surely get there.

. Dreamer, by voting for drugs Lord ?

These people are talking of gigawatts. We don’t want to convert it to Megawatts and see the difference with Nigeria. We have such a long way to go. The listed countries are talking industries and population. We lack industries and not doing a great job using our Human Resources. Such an unfortunate country

omoredia:


Emi lo kan beggar. Worthless scum

Yesterday pikin ...

God1000:
More

ESKOM of Southafrica in 1990 was only behind South Korea in terms of electricity generation, now I don't think they're among the top 100.

You begin to wonder if the blackman is capable of governing or leading himself.

God1000:
We still have a long way to go in Nigeria


Nigeria's power generation and supply from its national grid revolves between 3,500MW and 4,500MW for an estimated population of 200 million people.

That's to say we generate or consume less than 2GW of electricity in a year.

4500MW=4.5GW

4.5GW x 365 days= 1642.5GW in a year.

You can only take average in this situation because sometimes, it's hovering between 2000, 2500, 3000, 3500 to 4000, 4000-4500. It could get to the peak of 7000, but we can't even evacuate that.

If you do it thoroughly, you'd see that we're even consuming less than 1GW in a year considering the fact that it's not everything generated that's consumed; some are lost on the way due to obsolete transmission and distribution facilities.

No country developed without electricity, our case will not be different. If we want to develop, we must fix power...that's the only way to economic prosperity.

.

grandstar:


You're just as ignorant as Lalami3232 that you're criticizing. Most of the spending in the power sector is largely private and not government. You have forgotten that PHCN was sold off in 2014 under Jonathan. Davido's dad for instance owns a generating plant that provides about 500MW of power. He is even building a much larger plant in Ondo state

https://techeconomy.ng/davidos-father-faces-delays-in-2b-power-plant-project/

The primary problem with power in Nigeria is that the tariffs consumers pay does are not cost reflective. It does not cover the cost of generating and distributing it. The federal government fixes the tariff or subsidizes that makes it unprofitable for the Discos and Gencos to provide power. Government promises to cover the gap in the price but has largely failed to. The government owes the Discos N1.3tr while it owes the Gencos $1.3 bn. It is because of these debts that gas suppliers are reluctant to provide gas to the Gencos.

The solution is to deregulate the price and allow them to charge cost reflective prices. This will spur huge investment into the power generation and distribution industries. Price deregulation of GSM tariffs was what spurred the huge investment in the mobile phone industry. The country has gone from having 400,000 lines in 2001 to over 100m lines today. Mtel, which chose to provide calls at N22 per minute went totally out of business fast while MTN and Econet (Now Airtel) are still with us today.

Deregulating the price should be the first step. The next is to set targets of at least 20hrs of power to all consumers within 2 years in exchange for price deregulation.

In addition, punishments must be meted out to those who steal power or commit any contravention. I am very certain if there's a no-nonsense zero tolerance policies to such transgressions, such will be reduced greatly. At least, people now dey fear to spray money anyhow.

A huge role out of meters to those without should be carried and achieved within 2 years. It is pertinent that people know they are actually being charged for what they consume and not planted with a "crazy bill."

Deregulation of the price and the entrance of new competitors will bring down rates in real terms eventually.

You think i didn't know that ? so quick to jump into conclusion ?

I was criticizing both the federal government and Nigerians in my post, if you read it and comprehend. Nigerians need to pay more and Federal government need to invest more that's what i said in my comment, no matter what Federal government investment is still too low and because Nigeria is too poor with low purchasing power, the government still need to help somehow until the economy situation improve and purchasing power increase but they won't help because they won't have sufficient money to waste on frivolity and loot.

Nigeria need to pay more for power but because of the low purchasing power and poverty in Nigeria the power would be counterproductive if It is that expensive.

Ordinary 4.5gigawatts we no see...we no fit...it is impossicant.

Ordinary 4.5gigawatts we no see...we no fit...it is impossicant.

mofedamijo:


Don't mind these nitwits. I laugh when they ignorantly say Nigeria is very rich....Yes there is corruption, and it needs to be curbed. But it is delusional grandeur to think that the West doesn't budget a lot for electricity generation. Why do you think the prices of electricity is high overseas. I spend over $150 on electricity when I am in South Africa, when I am in the U.S, I spend close to $500. Are Nigerians ready to pay that much if electricity is available 24/7?

New York's budget for 2024 is around $224 billion, while Lagos state budget for 2024 is around $1.5 billion. But somehow, we expect states like Lagos state to look like New York or California in just 4 years.......

Nigerians really need exposure to understand that it is actually a broke nation that needs to diversify.

The governor of California get 2 heads?dont support mediocrity!

Fearyourcreator:

Yesterday pikin ...

Today's mumu

omoredia:


Today's mumu

Na why Una dey always cry government Everytime... You better find something good doing with your life now make your children no dey blame government as you are doing now , useless children ...lolz.. stop wasting away trolling on NL

Fearyourcreator:

Na why Una dey always cry government Everytime... You better find something good doing with your life now make your children no dey blame government as you are doing now , useless children ...lolz.. stop wasting away trolling on NL

U wey support criminals are u not the ones dying at filling stations. Fool that doesn't reason

Nigeria go pass all of them if we are to join all the generators we are using. There father there

Nigeria go pass all of them if we are to join all the generators we are using. Their father there

omoredia:


U wey support criminals are u not the ones dying at filling stations. Fool that doesn't reason

Who be criminal?

Lalami3232:
Funny enough, these countries don't even budget the billions wey we Nigeria dey budget, yet dem dey get steady light. Expecting a politician to come out of the blue and make changes in Nigeria is like expecting the impossible. Year in year out, these people come with the same promises over and over again, yet the masses foolishly vote them. You even see them in this forum insulting themselves but dem dey darkness.
What do I even know sef aside enlightening my fellow men nationwide with the good news.


Oga if you no meet your wife as a virgin, oga go for DNA test oooooo because boreholes aka non-virgins can't be trusted. You can't be trusting a Nigerian politician and also trusting a non-virgin form Nigeria

The US Energy budget for 2024 is 52 billion dollars. . Nigeria entire 2024 budget is 36.7 billiion dollars."
Nigeria is a poor country despite thge fact that our leaders have stole a lot
We arent at the evel of these countries in anyway. we should be following their ropes not comparing.

Mindlog:
While over 200million people are struggling with how many megawatts?

Its actually not about the number of people. 30000 MW i.e 360000 Mw is enough for we to have stable electricity in Nigeria

bizzibodi:

The governor of California get 2 heads?dont support mediocrity!

I don't think you understand the point, or perhaps you couldn't comprehend what I wrote......Anyways, bye Felicia.

Slimlord:


The US Energy budget for 2024 is 52 billion dollars. . Nigeria entire 2024 budget is 36.7 billiion dollars."
Nigeria is a poor country despite thge fact that our leaders have stole a lot
We arent at the evel of these countries in anyway. we should be following their ropes not comparing.

Most Nigerians are dumb thinking Nigeria is a rich country. No, Nigeria is actually broke. New Yorks budget for 2024 is about $225 billion, Lagos state budget is $1.5billion. Yet, people want Lagos to compete with New York.......how can that be possible....goddammit.

SIRTee15:


Can U convert Nigerian consumption to gigawatt so we can compare

It is about 13,806 Gigawatts-hour of energy.

Assuming we generate 3500 MW and a 100% efficiency in transmission (no cable or transmission losses ) . Assuming 365.25 days per year (leap year things every four years) . Energy = power × time.

365.25 days/year x 24 hours/day × 3500 Megawatts. = 30,681Gigawatts-hour approx.
But in reality transmission efficiency is about 45%

Energy yearly= 13,806 Gigawatts-hour (*edited)

Thank you so much. Where is nairalanda1? You need to see this guy explaination.

grandstar:


You're just as ignorant as Lalami3232 that you're criticizing. Most of the spending in the power sector is largely private and not government. You have forgotten that PHCN was sold off in 2014 under Jonathan. Davido's dad for instance owns a generating plant that provides about 500MW of power. He is even building a much larger plant in Ondo state

https://techeconomy.ng/davidos-father-faces-delays-in-2b-power-plant-project/

The primary problem with power in Nigeria is that the tariffs consumers pay does are not cost reflective. It does not cover the cost of generating and distributing it. The federal government fixes the tariff or subsidizes that makes it unprofitable for the Discos and Gencos to provide power. Government promises to cover the gap in the price but has largely failed to. The government owes the Discos N1.3tr while it owes the Gencos $1.3 bn. It is because of these debts that gas suppliers are reluctant to provide gas to the Gencos.

The solution is to deregulate the price and allow them to charge cost reflective prices. This will spur huge investment into the power generation and distribution industries. Price deregulation of GSM tariffs was what spurred the huge investment in the mobile phone industry. The country has gone from having 400,000 lines in 2001 to over 100m lines today. Mtel, which chose to provide calls at N22 per minute went totally out of business fast while MTN and Econet (Now Airtel) are still with us today.

Deregulating the price should be the first step. The next is to set targets of at least 20hrs of power to all consumers within 2 years in exchange for price deregulation.

In addition, punishments must be meted out to those who steal power or commit any contravention. I am very certain if there's a no-nonsense zero tolerance policies to such transgressions, such will be reduced greatly. At least, people now dey fear to spray money anyhow.

A huge role out of meters to those without should be carried and achieved within 2 years. It is pertinent that people know they are actually being charged for what they consume and not planted with a "crazy bill."

Deregulation of the price and the entrance of new competitors will bring down rates in real terms eventually.

God1000:
We still have a long way to go in Nigeria


Nigeria's power generation and supply from its national grid revolves between 3,500MW and 4,500MW for an estimated population of 200 million people.

Nigeria is still talking mega watts...

mofedamijo:


I don't think you understand the point, or perhaps you couldn't comprehend what I wrote......Anyways, bye Felicia.

More than $25bn has been spent from 1999 to date that should move us from 4000mw to 20,000mw... why are we still hovering around 4000mw.a billion dollar is not beans.

mofedamijo:


Most Nigerians are dumb thinking Nigeria is a rich country. No, Nigeria is actually broke. New Yorks budget for 2024 is about $225 billion, Lagos state budget is $1.5billion. Yet, people want Lagos to compete with New York.......how can that be possible....goddammit.

😁🤣