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Nairaland Forum / Nairaland / General / Politics / Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn (25898 Views)
Nationwide Blackout Imminent As Power Generation Falls Below 3,000MW / Jonathan Didn’t Order Electricity Tariff Reversal, Ex-nerc Chair Replies Fashola / FG Opposes Electricity Tariff Reversal, Backs NERC (2) (3) (4)
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Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by hob(m): 11:23am On Feb 18, 2016 |
what have we not witnessed in this country...........Lets effing call their bluff Awon Weyrey. Give us light 6 month straight at least then increase the tariff.... |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Nobody: 11:23am On Feb 18, 2016 |
Goke7: And the point is...we paid for the infrastructure the GSM companies built. Around the time the GSM companies were rolling out....we were paying N25000 for a sim card. Back then, as a common university student, I could not afford a sim card, talkless of phones. Once the phone/GSM companies had recouped the money they spent on infrastructure....the price came down.(Took five years...but by 2006...sims cost N400). You cannot expect constant power supply without paying for it. You have goof GSM facilites....because millions of Nigerians were willing to pay high prices ten years ago.(And back them people complained well well). 1 Like |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Nobody: 11:29am On Feb 18, 2016 |
hob: And where do you expect the GSM companies to get the money to give you light for 24/7? GSM companies were able to give us good service because intially we paid high prices.I can remember when V-mobile (now Airtel) was offering sims for N5000....and calling it bonanza (Really!?). They did that because when government invited the GSM companies to invest in Nigeria...they did not give them start up money....just the licence. The DISCOS inherited NEPA's ancient facilities.They need to fix them up,and they need to do it with money.Add the fact that we are generating half of what we need on a daily basis....sometimes less than that....and you see the problem.And government won't give them any extra money. Let us pay the high price...so that we can pay lowprcies when the DISCOS fix up our power supply.Just like the GSM did. 1 Like |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Inspectahdeck(m): 11:32am On Feb 18, 2016 |
I have complained oooo all I hear is "a certain amount of money is zone to an area or district, so they practically share same across". The building I stay is less than a year old, we have requested for meter even my landlord claims they paid for meter and still nothing. True they bought liabilities from the old NEPA, but did they do proper analysis or projection before accepting same? E.g. What do you want The company purchasing nitel's liabilities to do. The market is open and flooded so they will have to live with it and find a mean to operate and make profit. The government should open the power market and let more players participate then they will understand the true meaning of thinking and competition. blazetitov: 1 Like |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by kjhova(m): 11:34am On Feb 18, 2016 |
HirstMOG: As you have resorted to a somewhat rambunctious offering of some quote about LAWMA which was made popular by an artiste having a bad day on liquor, I may not be able to serve any further narratives on this topic. Please google up on cross country arbitration and implications of reneging on such contracts between Nigeria and the power companies then make up your mind on what you think the current administrtion should do in this regard. Thank you. 1 Like |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Ikiriye(m): 11:34am On Feb 18, 2016 |
Bevista: Have you sat down to do a calculation of monthly power consumption in your house.45 percent is wicked bro.what is your salary,has it been increased.let's do maths.having an average consumption of 200kwr = 5250 to include vat.if my salary is 30k and tfare takes 10k and power takes 5250.can you calculate the probably of my survival.we should be reasonable bro.if they step up to 18 Naira per kwr it will be understandable rather than 25naira. |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Ximonak: 11:34am On Feb 18, 2016 |
adipemcanis1: @bolded, we want prepaid meter, then we would pay for what we use even if it's billed higher, not paying estimates bills for darkness(that is the complain of nigerians since ages) if we can fuel our generator set daily (least N500 daily minus maintenance), they you should know we will pay any amount for constant light but we should be given prepaid before the increment, why is it so hard... 1 Like |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by eHydrated(m): 11:36am On Feb 18, 2016 |
Ministry of Power
Garki abuja.
.
.
Dear FASHOLA,
I seem not to understand, is this 45% supposed to be an
increase in tarriff or increase in Darkness?
.
.
Yours faithfully
Newest wailer! |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Sibrah: 11:39am On Feb 18, 2016 |
Ximonak:Accurate 1 Like |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Ikiriye(m): 11:40am On Feb 18, 2016 |
adipemcanis1:Have day been able to give you unlimited data after 15 years of service.I guess they are still expecting ROI. |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Ikiriye(m): 11:43am On Feb 18, 2016 |
Ximonak:That is why the corruption will keep increases so as to meet up any eventuality 1 Like |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by blazetitov: 11:44am On Feb 18, 2016 |
Inspectahdeck: Next time they bring such crazy estimated bill, tear it into pieces right in front of them. That is totally unacceptable. They want you people to bribe them. |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by idupaul: 11:45am On Feb 18, 2016 |
adipemcanis1:Please would u stop comparing GSM to these thieving discos for the following reasons . 1: GSM firms started with a zero infrastructure and customer base while these discos inherited over 20 million paying customers with 80 percent paying estimate bills. 2: GSM firm have never received bailout from govt but Ur discos did to the tune of 500 billion naira and shared it to their 3: GSM never charged 750 naira as monthly service charge whether or not we use their service but discos did. 4 : GSM companies didn't increase their tariff after 2 years of operation but reduced but these discos instead have increased tariffs thrice in 2 years with nothing to showshow for it. 5: GSM companies have a healthy competition that benefits consumers while the discos have arranged their selves into organized crime that racketeer and extort customers 5 Likes 1 Share |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Nobody: 11:45am On Feb 18, 2016 |
Ikiriye: If you want unlimited data....you need a broadband service/backbone...which you have to blame the old NITEL for not providing. |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Nobody: 11:48am On Feb 18, 2016 |
Fashola is an agent of darkness. 2 Likes |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Ikiriye(m): 11:49am On Feb 18, 2016 |
adipemcanis1:Likewise this discos they met facility on ground as against the gsm companies that met nothing. |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Nobody: 11:49am On Feb 18, 2016 |
The capital market is a veritable source of raising funds for doing big business. The power firms should look in that direction. It is absurd and unfair to ask consumers to pay outrageous sums for power not provided to have power provided! Blackmail of this sort by the power firms won't help. |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by 9jatatafo(m): 11:49am On Feb 18, 2016 |
These people are just useless and hopeless. What is being done with the profit realized from the old tariff? What about the issue of estimation bill? What about transformers being paid for by the final consumers and repairs also paid by the consumers? The 750 naira fixed rate paid for using or not? These DISCOS and GENCOS should re meter the whole place and stop this draconian moves spearheaded by Fashola 2 Likes |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Ikiriye(m): 11:51am On Feb 18, 2016 |
Omotolu:What do you expect from someone who does not sign checks but has all the state money. That is what we get when we allow fools to rule us.we are waiting for amaechi to come up with his own. |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by admax(m): 11:51am On Feb 18, 2016 |
You don't know the work of PHCN. Google will help you bro Mekwen: 1 Like |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by admax(m): 11:53am On Feb 18, 2016 |
You are so right! Nigerians really needs to be educated on how the power sector works. They should stop playing politics with everything. locutas: |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by ATERI(m): 11:54am On Feb 18, 2016 |
Bevista: You know that you have not answered my question, but it`s ok. The truth is, everything Nigeria is doing today, Britain has been doing since 1970s, so we know where blind privatization is going to lead. US an UK are the indisputable kings of privatization. The same US and UK are the most unequal countries in the West, Describing America and London as Apartheid States would be very apt, when we talk of economic inequality. The most important factor common with them is that everything is privatised. In London, everything is in private hand, but still government is spending billions of pounds to boost infrastructure while the Dangotes of London go home with the profits. And that is where Nigeria is going; blind privatisation handing over the economy to a couple of individuals, who promise heaven and earth in the beginning, only to tell government and society later that they need more money from them to do the business. In other words, losses shared by the people while profits are shared by a couple of billionaires. The reason why ours is worse is that when Brits and Americans privatise, their economies still stay in their hands, but when Nigeria privatised our economy go to the West. The way forward is not blind privatisation but govt and private sector getting together like it`s done in the best countries in the world. 1 Like 1 Share |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by omohayek: 11:56am On Feb 18, 2016 |
odeotito: And how many investors in the capital markets would be foolish enough to lend money to companies which lack the power to set their own prices? Who would buy the bonds or equity offerings of DISCOs operating in a country where the setting of tariffs is heavily politicized, and both the elites and the masses display zero respect for signed agreements? I agree that estimated billing needs to go in favor of meters, but most of the complaining about this tariff hike is nothing more than a mixture of wishful thinking, poor budgeting skills, and an inflated sense of entitlement - "private companies should give me cheap electricity at their own expense!". Most Nigerians would be much better off paying even 100% more if it meant they would never again have to rely on their generators, but the short-term mentality is simply too strong in this country for this reality to sink in widely. 2 Likes |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by orisa37: 11:59am On Feb 18, 2016 |
Thank you Senate for stopping these anti people s reckless policy. Darkness will loom large on all anti people s quasi organizations. |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Chukzyfcb(m): 12:01pm On Feb 18, 2016 |
That's the disadvantage of trying to run a capitalist system. These private owners don't care about your welfare, all they know is profit! profit!! profit!!! |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Inspectahdeck(m): 12:07pm On Feb 18, 2016 |
That's a great idea. In corporate governance, companies are required by law to publish reports of their operations, finance, remuneration, risk, audit etc. A lot of companies disregard such laws. Too bad the whole system called Nigeria is not working and the masses pay dearly for that. phlemzy: |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by ngoziama: 12:10pm On Feb 18, 2016 |
ijustdey: I am in support of the senate.phcn and their agencies are all thieves.how dare you increase money in a non-performing sector. In the past with 12000, you could buy up to seven hundred and something units but now with 4000 you can buy only 44.7units, multiply it and calculate it . These people are thieves. They are wicked and does not even want the poor to use light.very insensitive, selfish and heartless leaders are what we have in nigeria.this must be reversed . simple |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Nobody: 12:12pm On Feb 18, 2016 |
Inspectahdeck: 20k power bill for a 2-bedroom apartment, you sure you not running a weed farm? |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Goke7: 12:18pm On Feb 18, 2016 |
AZeD1: if the senate should criminalize estimated billing, does that translate in the provision of pre-paid meters? is it the senate that will provide meters for Nigerians? the present discos privatization should be reversed and made open again with the stakes high for more serious minded fellows to come in instead of the present ones that are not serious at all. This is what am waiting for PMB to do quickly to get us out of this poo. 2 Likes |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by chyket(m): 12:19pm On Feb 18, 2016 |
Sincerely i think the Private Operators are putting the cart before the horse.They should first put prepaid meters in at least 80% of the customers houses and then watch out the revenue accurring from these metered consumption before drawing conclusions.It is unfair to expect Nigerians to pay for your inefficient collection of your payment for services rendered. |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by Goke7: 12:22pm On Feb 18, 2016 |
adipemcanis1: we saw seriousness when the gsm companies came in, despite the initial high tariffs and costs, their services were there for all to see. How serious are the discos and what services are the rendering for us to take them serious, abeg we want action and not stories |
Re: Tariff Reversal: Nationwide Blackout Looms, Power Firms Warn by emzila(m): 12:25pm On Feb 18, 2016 |
I know this will sound somehow for now, left for me, I had advised Nigerians not to call for the reversal but immediate distribution of card reader metre. 1 Like |
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