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Nairaland Forum / Nairaland / General / Politics / Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola (45792 Views)
Nigerian Power Firm To Sell Electricity To Burkina Faso / Electricity: 2,000 Mega-watts Generated Not Distributed To Nigerians / Power Generation Hits All Time High Of 7001 MW (2) (3) (4)
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Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Nobody: 6:32pm On May 10, 2018 |
three:Is the light constant? |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Ayobami7(m): 6:33pm On May 10, 2018 |
Okay |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Nobody: 6:34pm On May 10, 2018 |
Good idea. It's been long overdue. 1 Like 1 Share |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Nobody: 6:34pm On May 10, 2018 |
cosmatika:Relax small. No over boil your lid. 1 Like |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Horus(m): 6:36pm On May 10, 2018 |
You can sell electricity produced with your own solar panels. Here’s how it works: while you’re off at work during the day, the solar panels on your home generate electricity that gets stored on the grid, and you can resell the electricity. 3 Likes 1 Share |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Nobody: 6:36pm On May 10, 2018 |
Awoo88:I dey wonder if solar plus generator plus inverter no go kukuma solve everything plus my freezer too? 1 Like |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Nobody: 6:36pm On May 10, 2018 |
JuanitaJames: 3000% better than NEPA Abi phcn Abi JEDC My friend says they serve written notice of disruption to individual customers stating times Eg for repairs. 4 Likes |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Awoo88: 6:39pm On May 10, 2018 |
JuanitaJames:E go solve am but the start up capital go plenty 1 Like |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by three: 6:39pm On May 10, 2018 |
JuanitaJames: NESCO power supply has been more consistent than NEPA/PHCN/DISCO I can't guarantee you what today's supply is like but generally NESCO do 12-18 hours a day on the average. 3 Likes |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by StaffofOrayan(m): 6:39pm On May 10, 2018 |
I guess we should also build roads while at it And the stupid tariffs on imports This gov't is clueless abeg 2 Likes |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Youngzedd(m): 6:40pm On May 10, 2018 |
1 Like |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by revolt(m): 6:43pm On May 10, 2018 |
igbodefender:if this is true thus is the only good policy fashola has come up with. Atleast he's not the worst power minister ever after all. 1 Like |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Freestainworld(m): 6:43pm On May 10, 2018 |
that is a very good idea, it will help to curtail the way with which NEPA cuts peoples head with dubious bills. and the biz will be a thriving one. 2 Likes |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by three: 6:43pm On May 10, 2018 |
deomelo: They don't seem to have a website. They generate power from 5 hydroelectric dams. The reason they may have had the 'Nigeria' prefix may be owing to them being a pre-independence pre-CAC entity. If you do a Google search you will come up with stats and history 5 Likes |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Chukwuka16: 6:45pm On May 10, 2018 |
Nice analysis by the way. My major concern is lack of regulation. Commonsense will demand that before making such statements there is proper legislation that guides how such setup will work. Things like safety nets and technical constraints which are the more important considering how bad our safety record is. Furthermore how are clients going to connect? It can't obviously be the distribution grid owned by the discos since that will lead to immediate shut down if everyone is pushing electricity into it without some limits. Hope he is not imagining the road side kerosene seller kind of scenario for electricity. This is some dangerous issue that requires seriousness. For a compound that maybe okay but with generation getting to 500kW and beyond then there needs to be some control. Haba, even tie grid inverters are properly regulated in countries with feed in tariffs. This is the problem of having triangular pegs in circular holes. Fashola obviously is overwhelmed by the power issue and is now firing blanks. three: 4 Likes |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Nobody: 6:47pm On May 10, 2018 |
igbodefender:This is no news na. It's being in existence. Why 2mw downwards? I thought it was 10mw |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by wristbangle: 6:49pm On May 10, 2018 |
If u ask me, it's a good move but the problem is distribution which only will favour estates and private residence. By the way it is 2MW downwards |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Horus(m): 6:52pm On May 10, 2018 |
JuanitaJames: Build your own solar panel system for your home and resell the surplus solar power 1 Like |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by lonlytroy(m): 6:53pm On May 10, 2018 |
Fashola is a waste of sperm i swear 3 Likes |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by IamaNigerianGuy(m): 6:54pm On May 10, 2018 |
Admission of failure. 1 Like |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by horsepower101: 6:55pm On May 10, 2018 |
There will be no Distribution problem if you are directly selling the power to consumers on site. I don't think any rational businessman in Nigeria will want to sell the 2MW power to consumers far away from production site. This is perfect, if well managed for Small and Medium size businesses, Housing Estates and cottage industries or light manufacturers |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by michoim(m): 6:56pm On May 10, 2018 |
This is a government that encourages economic liberty; good works 5 Likes 1 Share |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by three: 6:58pm On May 10, 2018 |
Chukwuka16: It appears the Minister is alluding to some amendment of the Power Reform Initiative. The guidelines below are fairly comprehensive. http://www.nercng.org/nercdocs/NERC-Regulation-for-IEDN-2012.pdf 4 Likes 1 Share |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by NASTYNASOSO: 6:59pm On May 10, 2018 |
worlexy: HMMMMMMM BUT THIS PROVEN TO BE EFFECTIVE AND EFFICIENT,GO TO KANO AND SEE. 1 Like 1 Share |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by michoim(m): 7:00pm On May 10, 2018 |
three: The Power Acts that was dormant before and was never stimulated for the good of the people until the arrival of APC government. .. 2 Likes |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Powerexpert: 7:03pm On May 10, 2018 |
Nice development. We can handle independent power projects @JubailiBros Be it diesel, gas or solar. Contact @signature for more details 1 Like |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by lokzie: 7:04pm On May 10, 2018 |
This, if not just 'political talk', should be an interesting opportunity for SMEs, the general public, and consequently, the economy. @OP/MOD I believe the article says "2 MW and below", however, the title of this post says "2 MW (minimum)". Nairaland is often (even if informally) used as a reference sometimes, so please confirm and correct. |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by three: 7:05pm On May 10, 2018 |
michoim: Can I say - You Funny Gan? These reforms have been ongoing since even before 2005! They don't automatically yield optimal benefits overnight. That's what development is na Please take time to read this https://www.google.com.ng/url?sa=t&source=web&rct=j&url=http://www.banwo-ighodalo.com/assets/resources/497df8b8fea9b9d59c593621c41431ed.pdf&ved=2ahUKEwiAne3o3fvaAhXJAsAKHcKSAO4QFjAMegQIBRAB&usg=AOvVaw3Y3cX---Hl3xDk18T3z75U 4 Likes |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by kunyeo(m): 7:09pm On May 10, 2018 |
Rayhandrinni: Evidence of mental laziness and why they often refer to Nigerian youths as being lazy.YOU NEED TO ANSWER THE QUESTION HOW ,BEFORE WHAT? 4 Likes 1 Share |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Horus(m): 7:09pm On May 10, 2018 |
With more independent suppliers, electricity will be cheaper in Nigeria 1 Like 1 Share |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by pawesome(m): 7:12pm On May 10, 2018 |
deomelo:its not 1 Like |
Re: Nigerians Can Now Buy And Sell Electricity (2 MW Minimum) - Fashola by Chukwuka16: 7:13pm On May 10, 2018 |
I am quite familiar with the NERC regulation with regards to embedded generation below 2MW. I was already scared that Fashola was encouraging 'everyone' to go become an independent distributed generator operator. His lack of knowledge in the field shows from time to time. Cheers. three: 1 Like |
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