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Fashola To Discos: Nobody Forced You To Buy Power Assets - Politics (2) - Nairaland

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Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by EmmyDJourno: 10:50am On May 09, 2017
I can't continue to imagine what would've happened to us if we still had GEJ and Mama Peace at the helm of affairs

Asides respect for a former Head of State; GEJ is a dull man who can't manage a Kiosk, let alone marry an intellectual lady with all his questionable degree

SMH


Please Note: The truth hurts grin

6 Likes

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by brenister10: 10:52am On May 09, 2017
Fashola must be hard on these people. They knew the problems beforehand, so why the complaints. Perhaps, they think the government will support their useless excuses.

1 Like

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by admax(m): 10:52am On May 09, 2017
Ok
Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by Justdare: 10:53am On May 09, 2017
lipsrsealed"Load Rejection"When I heard the new terminology in the Nigerian power sector I weak. embarassed
How can you reject load when the consumers don't have power at all. All in a bid to reduce what is remitted to GenCos.
Naija we hail thee.

1 Like 1 Share

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by aolawale025: 11:01am On May 09, 2017
We need to stop putting the cart before the horse. Most of this DISCOs don't even know the number and power requirements of the consumers in specific areas. That's why you hear transformers blowing up etc. Why can't they do a consumer audit then supply the right equipment for each segment of the market.

1 Like 2 Shares

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by fyneguy: 11:05am On May 09, 2017
Nigerians may have to stage protests against these Discos. We are not slaves to the law. Where the law prevents licence revocation at our expense, a state of emergency needs to be declared asap.

We should not take this anymore.

2 Likes 1 Share

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by murmee: 11:06am On May 09, 2017
alsudaes1:
Just FORCE them to give us prepaid metres,

Thatsall




That won't make us pay for what we didn't use, we will manage with the darkness they are issuing out and NOT paying for darkness
It is amazing that the Minister is always silent on the matter of Prepaid meters. He should be more emphatic on that because the more people are metered the more the Discos will be forced to supply light. Right now, they make money supplying darkness and that should worry the Minister!

1 Like 1 Share

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by Ajibel(m): 11:14am On May 09, 2017
murmee:
It is amazing that the Minister is always silent on the matter of Prepaid meters. He should be more emphatic on that because the more people are metered the more the Discos will be forced to supply light. Right now, they make money supplying darkness and that should worry the Minister!

Fashola hasn't been silent on issuance of prepaid meter. In fact, he introduced a kind of recognition to Discos who go all out and ensure that their customers get the meters. It's not something the minister can force them to do sadly.

http://sparkonline.com.ng/2016/03/fashola-orders-discos-to-give-prepaid-meters-to-nigerians-instantly.html

3 Likes 1 Share

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by Topshow2010(m): 11:14am On May 09, 2017
What kind of injustice and maltreatment is this to the masses;what nonsensical sanctity of contract at d expense of d citizenry welfare would makes d so called power investor be it disco ,Transco or genco wateve nomenclatures dey called dem hold us to ransom wit such brazen impunity......God will surely judge all of them from dt clueless adminstration who sold d power sector to cronies to dis inaction govt... angry angry

1 Like

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by dikeigbo2(m): 11:15am On May 09, 2017
All the Discos represents fraud.......wrecking billions of naira with no justified services to its customers.

1 Like

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by Omonigeriarere: 11:31am On May 09, 2017
Maduawuchukwu:
Hmm. I respect the sanctity of contract but I do not believe that the government should obey a contract which did not meet the laid down requirement and was still is not able to perfom it's contractual duty. The Privatisation exercise carried out by Nnamdi Sambo was one of the worst things to happen to Nigeria. Power Assets were given to criminals who are incompetent like Emeka Offor etc.
I recommend that their contracts should be cancelled and new exercises.

Contracts like this are revocable, but with stringent condition which majorly favours the offeree.

I can bet it, the investors will be pleased if the.offer can be revoked: they will all smile to bank at all times.
Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by aby1976(m): 11:41am On May 09, 2017
Moreoffaith:
grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin grin

Awon eleribu dede

Na so dem dey bring #3500 come give me for mini flat like say i dey produce soap for my apartment

Me wey i no dey stay house.

make dem force dem to share prepaid meter and lets see if light no go dey.




Your own better

They ve never given me anything less than 10k. 2rooms self contain. As am talking to u now am at work and know when i will get home. U get home self where is the light? Those people are bastards

1 Like

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by Omonigeriarere: 11:44am On May 09, 2017
opethom:
Boda fashola, you're minister of darkness tru tru... Veekid coma carry your boss comot here


I even doubt if you have knowledge of what privatisation means or do you still expect govt to be financing a privatised sector 100% after it has been privatised?

Which country (both developed and developing) has privatised one of its most important sector (power)? This is a sector that needs huge and constant finance and capital outlay which Govt may find it difficult to carried out and not those mini-entrepreneaurs to whom GEJ transferred the ownership of Power to.

This can only be done under the one with PhD certificate in Animal Science/Fishing? without a common sense.


Take a look at telecommunication sector today which was.privatised during OBJ: can you.compare it with Power?

You need a deeper knowledge instead of just opening your mouth like an hungry Bingo.

6 Likes

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by israelmao(m): 11:45am On May 09, 2017
May your progress not like power sector in Nigeria;one step forward uncountable steps backward.
Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by prophetfire: 11:49am On May 09, 2017
Of all de economic atrocities that jona govt commited,selling discos to porfolio companies of crooks like emeka offor, tinubu, abdulsalami etc was de worst. They should hav learnt from gsm license sales and gone for serious expirienced investors and not mere politicians.

1 Like

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by mark2sunny(m): 11:50am On May 09, 2017
politeboy:
mr fashola this is what nigeria inherited from pdp. its pure politics by pdp. pls clean the shit and pooh made by pdp. Discos that cannot supply or install ordinary cable what do u expect. this discos are all briefcase companies. pls terminate their contract and bring in better people. useless pdp.

Who did this to you?

1 Like

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by mathew247: 11:52am On May 09, 2017
Fashola/FG should intevern pls...my area ugwuagba Onitsha no get light for 2months now. Since they give that tin to emeka offor na only increasing bills dem know, that emeka offor guy na criminal. They said a flat should be paying N7000. I have been to many places in Nigeria...Onitsha people are the ones that pay highest bills but no steady electricity...only okpoko dey get steady light for Onitsha with lowest bill throughout the federation. Fg need to intervention on this matter.

1 Like

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by franudi: 11:53am On May 09, 2017
politeboy:
mr fashola this is what nigeria inherited from pdp. its pure politics by pdp. pls clean the shit and pooh made by pdp. Discos that cannot supply or install ordinary cable what do u expect. this discos are all briefcase companies. pls terminate their contract and bring in better people. useless pdp.
Fashola has been the minister for over two years and has done nothing,you are here blaming pdp.
Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by Omonigeriarere: 11:53am On May 09, 2017
woodcook:
He said the Federal Government and Nigerians were fed up with excuses from the DisCos over their shortcomings and berated them for lack of “corporate governance” in their relationship with consumers.

If only he had said this to Bubu and his fellow travelers we would have been better off by now. Rather they spent almost two years blaming PDP.

But your ineffectual Buffon was so shallow in his thinking to transfer the ownership of Power to entrepreneurs who has no track record of financial buoyancy to take the sector to a greater height because of what he will benefit.

Was it not under PDP that telecommunication was.privatised? Then, why are we not getting the positive results we have derived to the extent that we can call at cheapest rate in history nowadays.

Thank God he didn't win, may be he would have privatised your destiny into the hands of other.bidders too because I know you will still be pleased with it so far it is done by PDP.

1 Like

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by Reference(m): 12:03pm On May 09, 2017
mansakhalifa:
What loopholes can we exploit to revoke their bloody licenses? Those guys are driving me nay-nuts with their blatant incompetence. sad

Revoke the licenses and then do what. Isn't it clear that if there is no performance across the bnard that it is the structure of the power sector that is at fault.

When it was privatised what they did was to break up the old PHCN into unworkable independent units. What is the meaning of GENCO and DISCO. In advanced countries there is just the power company that generates, transmits and distributes. It is like saying Nitel was broken up and MTN bought satellite access, GLO bought the masts and switch boards and Airtel bought the fibre optics and copper cables. That is absolute rubbish and unworkable. Which bank will fund this disjointed arrangement. If they cannot see value from gas supply to consumer units they will not invest.

The issues of gas supply debts, power rejection are just some of the signs all parties involved are not working for the same business interests.

Yes, the privatisation is a horse that has bolted but the horse can be pursued, caught and ridden. The process can be repaired with the consent of all parties involved. The government should encourage mergers and consolidation into no more than three of four companies with each posessing generating, transmitting and distribution capabilities.

4 Likes

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by bareal(m): 12:03pm On May 09, 2017
Ajibel:


Bro, it isn't possible to terminate their contract like that for so many reasons besides they are backed by the law too. If not Osinbajo and Fashola who are both lawyers would have revoked any discos license who doesn't meet up to expectations.

Not possible what? na witchcraft agreement?
Are there no clauses in the contract agreement.
If this is your submission, I give up for the country

1 Like

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by Nobody: 12:11pm On May 09, 2017
Omonigeriarere:


But your ineffectual Buffon was so shallow in his thinking to transfer the ownership of Power to entrepreneurs who has no track record of financial buoyancy to take the sector to a greater height because of what he will benefit.

Was it not under PDP that telecommunication was.privatised? Then, why are we not getting the positive results we have derived to the extent that we can call at cheapest rate in history nowadays.

Thank God he didn't win, may be he would have privatised your destiny into the hands of other.bidders too because I know you will still be pleased with it so far it is done by PDP.


You know you can still pass your message without calling the past administration names?

I wouldn't want to go round in a cycle with you while we both rant about what is and what is not.

If you could please post data or charts that show that power generation is better under the present administration than during the time of the past government? Once you post it, I can discuss with you based on evidence and not sentiments until then hold your peace!
Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by bareal(m): 12:12pm On May 09, 2017
mathew247:
Fashola/FG should intevern pls...my area ugwuagba Onitsha no get light for 2months now. Since they give that tin to emeka offor na only increasing bills dem know, that emeka offor guy na criminal. They said a flat should be paying N7000. I have been to many places in Nigeria...Onitsha people are the ones that pay highest bills but no steady electricity...only okpoko dey get steady light for Onitsha with lowest bill throughout the federation. Fg need to intervention on this matter.

Your own better. No light in my area in Ondo State for over a year now despite the fact that we provided a new transformer to replace the damaged one. They shall all die where they will not be buried.
Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by theSpark(m): 12:13pm On May 09, 2017
I'll keep on repeating that Abuja Electricity Distribution Company is a disgusting con establishment.

1 Like

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by Ajibel(m): 12:14pm On May 09, 2017
bareal:


Not possible what? na witchcraft agreement?
Are there no clauses in the contract agreement.
If this is your submission, I give up for the country

The clauses in the contract makes it difficult for the contract to be terminated.

If the government does that, it'll send a very wrong signal to the investment community and there would be so much losses coupled with the fact that the discos can take the FG to court.

1 Like

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by skylane: 12:16pm On May 09, 2017
What we need is constant electricity,like every other country of our grade
Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by Ajibel(m): 12:16pm On May 09, 2017
franudi:
Fashola has been the minister for over two years and has done nothing,you are here blaming pdp.

Fashola has done nothing? The joke is on you bro. angry

1 Like

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by Nobody: 12:20pm On May 09, 2017
politeboy:
mr fashola this is what nigeria inherited from pdp. its pure politics by pdp. pls clean the shit and pooh made by pdp. Discos that cannot supply or install ordinary cable what do u expect. this discos are all briefcase companies. pls terminate their contract and bring in better people. useless pdp.
Briefcase companies sold to corrupt PDP cronies which were greatly undervalued.Blame Vice President Sambo ,who sold it to his fellow PDP thieves.
The award of the discos should be revoked,they are only rent seekers looking to get easy money and extort from customers. The politicians that won the discos have no plans

1 Like

Re: Fashola To Discos: Nobody Forced You To Buy Power Assets by Ajibel(m): 12:20pm On May 09, 2017
Those who want the license of the Discos revoked. Note that

1. They have borrowed a lot of money from the banks and have invested a lot

2. They have so many workers under their platform

If their contract is revoked, how do you expect them to pay off their debts running in billions? Do you know that part of the money you and I have saved in the bank is what has been borrowed

Again, if their license is going to be revoked, remember our loved ones working for them would be laid off and would add to the unemployment crisis we have.

Revoking of contracts is not the solution please.

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