tag:blogger.com,1999:blog-8686769.post188970644612703872..comments2016-08-22T12:00:03.978+01:00Jeremy[email protected]Blogger5125tag:blogger.com,1999:blog-8686769.post-45365594351812689632010-11-10T06:26:33.456+01:002010-11-10T06:26:33.456+01:00I&#39;m amazed. but then, many average Nigerians are now IPPs and have tested the intricacies of generating electricity (cost is pretty obvious), at least to compliment for the epileptic grid supply...... <br /><br />Please let us give way for a cost reflective tariff for investors to play their part in the privatization scheme.Baba Yusuf[email protected]tag:blogger.com,1999:blog-8686769.post-12989627681794181612010-08-11T10:03:40.721+01:002010-08-11T10:03:40.721+01:00Undoubtedly, Nigeria remains a country blessed with all human and material resources but plagued by bad leaders...Long before the commencement of the civilian regime in 1999, stable electricity supply has remained a key subject for discussion. First, the problem was proposed to be solved in six months, and then it was changed to 18 months, subsequently moved to the end of 2007 when Nigerians were assured of 10,000 megawatts of electricity. Till date, the electricity crisis which led to the unbundling of the former Nigerian Electric Power Authority (NEPA) now recognized as the Power Holding Company of Nigeria (PHCN) had not yielded any noticeable change in the sector. Rather, the sector continues to remain a prime target for corruption practices. <br /><br />Today,Nigerians have once again being promised of 7,500MW by April 2011....BIG SHAME to those parading themselves as Nigeria&#39;s leaders at whatever levelADEBAYO, Oluwakemi[email protected]tag:blogger.com,1999:blog-8686769.post-13983989195747704832010-08-05T09:48:39.772+01:002010-08-05T09:48:39.772+01:00Many Nigerians are well aware of what needs to be done about Nigeria&#39;s power supply problems -- and that starts with frankly with no more difficult a task than simply implementing the statutory mandates of the EXISTING sectoral law, the Electricity Sector Reform Act of 2005.<br /><br />The ESRA is an excellent blueprint that provides for the unbundling and privatization of generation and distribution, the entry of more private parties and (crucially) the deregulation of electricity tariffs to be cost-reflective, without which banks and other financiers would NEVER finance private sector independent power projects in Nigeria. <br /><br />Unfortunately, the political will seems to be lacking, as the usual chattering classes (and the latter-day theortical Marxists -- there are probably more &quot;comrades&quot; in Nigeria today than in the old Soviet countries) would start raising the same sorts of ruckus that has attended attempts to deregulate the present inefficient fuel pricing system (another corrupt pubic sector sinkhole).<br /><br />Unfortunately, it appears that many Nigerians would rather pay little or nothing for nominal &quot;cheap&quot; goods and services, rather than pay economic or market prices --ignoring of course that the REAL price of compensating for the unavailability and unreliability of such nominally &quot;cheap&quot; goods and services often amounts to a price GREATER than economic or market pricing. This is perhaps the result of a cross between an &#39;awoof&#39; culture and a culture of entitlement that seems prevalent in Nigeria. But of course, we often end up getting exactly what we pay for -- NOTHING!Anonymous[email protected]tag:blogger.com,1999:blog-8686769.post-45415467232459439632010-08-05T05:18:38.093+01:002010-08-05T05:18:38.093+01:00chei!Anonymous[email protected]tag:blogger.com,1999:blog-8686769.post-73175964627313758952010-08-04T21:17:47.242+01:002010-08-04T21:17:47.242+01:00i am in tearsAnonymous[email protected]