Nigerian government cuts electricity tariff by half

The Nigerian government has announced a reduction in electricity tariffs by half.
The Nigerian Electricity Regulatory Commission on Wednesday announced the immediate review of electricity tariffs by about 50 per cent.

The Chairman of the Commission, Sam Amadi, who announced the review in Abuja, said the reduction, which takes effect from the end of March, followed the regulatory agency’s decision to remove collection losses from customer tariff under the multi-year tariff order.

Mr. Amadi said following the approval of the multi-year tariff order, MYTO 2.1 in January 1, 2015, the Commission had received several complaints and petitions against the decision, which resulted in astronomical increases in tariff across the different consumer categories.

He noted particularly the petition by industrial and commercial consumers under the auspices of the Manufacturers Association of Nigeria, which demanded a drastic reduction of their tariffs.

The two categories of consumers had cited the negative impact of their increased tariffs, which they said were threatening their businesses, leading to massive job losses.

Following the review of the petitions, Mr. Amadi said the Commission conducted public hearings to gather evidence from all consumer classes on the affordability of the new tariff.

Again, he said the Commission had consulted with the Chief Executive Officers of the Distribution Companies before deciding to intervene by reviewing the tariffs.

Besides, the Chairman said the Commission also decided to review the technical and financial assumptions of multi-year tariff order 2.1.

The reviews, he noted, were in line with the provisions of the Electricity Power Sector Reform Act 2005 and the Business Rules of the Commission’s mandate, which allow such a decision on a petition by an interested party within 60 days.

He said findings from the various reviews showed that the major cause of the spiralling consumer tariffs was the huge aggregate technical commercial and collection losses.

Some distribution companies have complained that the collection losses, which are passed to consumers, raised the final tariffs by as much as an average of 80 and 103 per cent.

“The Commission has been listening to consumers’ complaints and taking full account of the impact of the high tariff on consumers and the Nigerian economy,” Mr. Amadi said.

“Therefore, the Commission has reviewed the basis of the MYTO 2.1 assumptions and has determined that it is inappropriate to transfer to consumers collection losses that are controllable by the DISCOs (distribution companies),” he announced.


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  • F.

    Cutting tariff on light wey we no dey see. 50% of zero is still zero. Una do well. Change is coming.

    • DTaj

      Don’t mind them! Bunch of PDP clowns. Change will surely come. BUHARI IS IT! Our President come May 29 2015!

    • McAlfred Uta

      Why don’t you continue paying the old rate or give the 50% to motherless homes or Charity organization and leave those of us who appreciate to enjoy the newly reduced tariffs.

      • Kay Soyemi (Esq.)

        Please don’t forget to enjoy the zero-level power supply too!

        100% of zilch remains zilch.

        I will rather have 1% of something.

  • djay

    All 4 election or has the price of electricity dropped in international market. Cutting tariff for darkness, remaining to cut tariff for water. Yeye govt

  • Hajiya Mai Doya(nee osibanjo)

    Wow! What a listening gwamnent! Most of the guys shouting above don’t even pay their bills! Illegal connection saboteurs!
    A ‘goodluck’ in hand is worth a MILLION ‘lions of Bourdillon’ in the bush!!
    Alhamdulillah!!

    • Mark Nsikan

      u try,………..now clapp for him!!!!……plz proceed tu ya detention,thank you!!..once again,a round of applause as he proceeds tu his detention…thank you!!!!!!

      • Kadiri

        Your dead bihari didt proceed to detention after truncation our young democracy and same democracy the bastard Cow having be fighting to be elected as president not minding the lives been lost every four years of his i must be president…….You all the followers are all foools from pit of hell.

        • Mark Nsikan

          very good….u tu!!!!!!….plz proceed tu detention plz.!!!!!!…..a round of applause!!!!!!………any more of dem?……

        • Mark Nsikan

          theres sometin u cant change…….d change that is coming…….i av a rope for u wen it appns

  • bib

    The reasons given for electric tariff rise was to get investors in power industry. Now that Mr President wants votes by all means the investors are no longer needed. But, as usual, this is also a false promise. It is to take effect at the end of next month. That is after presidential election!

  • segun

    WHEN YOU HAVE A SERIOUS OPPOSITION ANYTHING WOULD BE POSSIBLE.

    • Bidemi Lukman

      Wake up!. All these would reverse after election.

  • progress

    419ners. My people vote this thieves and scammers out jare!

  • Mark Nsikan

    meeeeeen…elections sld b every year ooo..i swear

  • August January

    Only those who are mumu would be clapping for Jonathan for all his last minute love for the masses — all for cheap political gains! The clueless thief must be voted out

  • August January

    For me, all this shows more grounds to vote out the useless man called Jonathan. Most Nigerians are not mumu — only those who have made up their minds to die as mumu still think he should have a single vote

  • David Adeniran

    Wayo man at work again! This man is more dangerous than the devil.

  • DTaj

    Election gimmick! It won’t work! For an agency to have reduced electricity tariff by a huge 50% shows that the companies have been cheating Nigerians since they were privatized, even with the darkness the companies bring! We have all been using generators! Most parts of Lagos have not even witnessed a wink of light since last Thursday…
    This is yet another reason to vote out the Clueless One, Jonadaft!

  • OC

    Nice arrangement but where is electricity in the first place? So the whole thing is nonsense. If nigerians enjoy electricity they’re capable of paying any amount of tariff without question.

  • brightdestiny

    I wonder what d next act will be? May be a promise to resuscitate d dead Dora Akunyiri what a dump and desperate act of a looser?% 50 reduction my ass!

    • udemeobong

      Na so my fellow citizen. Wayo wayo govt. according to Fela.

  • Hembe Hembe

    Nobody will stop Jonathan com March 28. Majority of Nigerians are with him. The few APC supporters are simply in minority. They can only kick but cannot do any worst, because majority will always have their way. The popular policy(wish) of the people reside with the PDP led federal government.
    GEJ till 2019

    • MM

      Stop deceiving yourself Mr. Man. Your GEJ knows what can stop him because he is already jiltery. If he knows no one can stop him, why is he pushing for ING? Why is he afraid of elections? Why he is dishing out dollars after election postponement? Why does he now made SW his new Aso Rock? Why is he jumping from one oba’s palace to another? Why is he not ready to accept use of PVC and card readers after claiming he wants to use technology to fight corruption? Why is he just waking up from his slumber few weeks to election? Mr man, you better wake up!

  • Moses Musa

    Lets hope it is not an election gimmick. Coming at this time is suspect. But seriously speaking where is the electricity? Well God dey sha.

    • Mr. Abdin

      My brother they are doing for elections sake.

    • udemeobong

      hope of what? So you can´t put simple logical tricks together to know what is going on abi? Oya go vote becausee something you can´t benefit. Ending of March they said abi, does that sound funny to you that by then the elections is over and the weak ones and easy to catch fishes have been used to win and later to be dumbed as usual?? Shine your eyes bros. Are you desperate then read news about Mauritius. That is where people use their voting power to desiagn their future.

  • BIODUN

    which wednesday was the announcement mad, last week or tomorrow?

  • True Nigerian

    Hahahahahahaha! Funny Jonathan! These are things he could have done in the last 4 years to save himself the public shame which he has turned himself into.

    The fuel that Nigeria is producing for other countries is selling at a high price in Nigeria; but price cut is implemented for the electricity that Nigerians do not even see.

    Anybody that falls for this is a capital FUUL.

    Thank you, Jona. But you must go back to Otueke.
    No country should have a government like yours and a president like you.

  • udemeobong

    Fela said: na magomago govt. we dey o, eba mi o. Wayo wayo, orishirishi etc. Election times blessing times!!! Since Independence this has not happened, since we suffered worse electricity production and still pay what we don´t get, there was no reduction. Jonathan is only a good president, cause he is seeking re-election. Wait and see after he tricks you to vote, if you will not pay double than what you are paying now. Was NEPA not awar that they exploiting the masses and Jonathan used the money for his selfish purposes? What review are they telling me? Complains have been there since i was born and yet one talk of review. Now every possible tricks are been applied to catch those weak heads to vote for them.
    Don´t be suprise that tomorrow they will say everyone should receive 100,000 naira, cause they have reviewed the economy and the oil money, and there are surpluses. Lie lie govt. wayo wayo, tiefi tiefi mago mago and cheating cheating govt. Chei diaris God o!!

  • udemeobong

    hope of what? So you can´t put simple logical tricks together to know what is going on abi? Oya go vote becausee something you can´t benefit. Ending of March they said abi, does that sound funny to you that by then the elections is over and the weak ones and easy to catch fishes have been used to win and later to be dumbed as usual?? Shine your eyes bros. Are you desperate then read news about Mauritius. That is where people use their voting power to desiagn their future.

  • Republican in VI

    So let me get this right, you have sold the generation and distribution companies, the buyers took out loans in foreign currency to buy those assets,the naira has been devalued and on top of their losses from the devalued currency which they are using to pay back to loans, the FG that sold them the assets has unilaterally halved their incomes because of an election. What a thoroughly irresponsible government

    • Ha

      Electricity subsidy.

    • DTaj

      Very sound analysis. When you know a thing, it shows. Noting to add.

  • Maitama Tambari

    Voodoo economist or deception? Any how you look at it, it is too good to be true. Is it market forces that forced the Regulatory Agency to interven in reducing electricity tariff by 50%? Regulatory Agency causing Nigeria to be a laughing stock. This beyound voodoo economics. It is a complete political deception. The effective date, en of March.28, 29, 30 or 31 of March, take your deceptive date. PDP really take Nigerians as fools. After devaluation of Naira by 40%, you now say a product with foreign content also reduced its price by 50%. Haba PDP. WE BELIEVE CHANGE! YES WE CAN IN NIGERIA. ALI MUST GO. YES JONATHAN MUST GO.

    • Titi

      I love figures my broda, figures never lie; if this companies could reduce the price by 50% despect this high cost of forex and comodities it means the companies could have still made reasonable profit if they were charging around 25% of the price. We have never passed through this kind of slavery

  • Onipe

    Jonah ! Jonah !! Jonah !!! Your matter dey tire me. What is this again? Ok shaa, remember that your bus stop is OTUEKE.

  • blueeyedkitten

    buahahahaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa!!!!!!!!!!!

  • checkmate

    Thanks to BUHARI. He has sent the PDPigs on the run.

  • Dr Pat Kolawole Awosan

    It is all electionearing trick and trick to decieve Nigerians into voting for president Ebele Jonathan again after devaluing naira thereby weaking its purchasing power.

  • Ugo

    Nigeria made 12 trillion from oil and gas in 2014, our budget was about 4 trillion, where is our money Mr President. Where is the electricity for you to even cut the tariff?

  • Layo

    This Jonathan is worse than yahoo yahoo, where is the electricity? Why are you doing everything in a hurry? So you actually know right from wrong. This guy is fraudulent. Take out the fixed charge first. Onijibiti

  • Ugo

    Mr President you keep deceiving the poor masses but you allow our wealth to shared among the elites and those close to you. We don’t have electricity so of what use is the reduction? Are you fooling us?

  • Rommel

    This man asked banks not to shed their work force until after elections but is slashing electricity tariffs few days to election,this man has decided to bribe everyone that can be bribed for this election, its unbelievable,I fear ohhh!

    • me

      everyone is bribed ok…………. but all the billion of Naira items APC Buharis wife is sharing public is not bribe…….. you guys are more clueless as per your thoughts…… HOW DO YOU IMAG

      • Rommel

        Is there any need to respond to you? most of you are irredeemable having been bitten by the same bug of insanity that is tormenting Fani Kayode

      • MM

        Imagine what this man is saying. Is Buhari wife the wife of seating president? Why has Jonathan not being doing the needfuls before election that it is when election is around the corner he started bribing? Buhari wife donates to victims of one calamity incident or another. So you cannot compare the two. So say something else!

      • Godfrey Etokebe

        Buhari’s wife’s Money is not Public but MOROCCAN!!!

        • Guguru

          Godfrey,

          Do you now live with the Buharis? What room in their home do you have your Ghana-must-go bag?

  • Ha

    Where is the electricity for goodness sake? This is as good as trying to build a house in the air.

  • me

    if you want to know if Nigerians like this we do and appreciate this no matter how APC feel about it…..must every good thing be discredited by APC for all reasons………….

    • Arabakpura

      They should postponement these elections one more time so that we see if they can upgrade Naira to 150 Naira to a dollar!

    • Titi

      we can start talking when they refun us the excess money they have taken from us, we have alot against this wicked government we are just silent because we see it going

  • JustMe

    This election would go down in history as the most desperate ever! Even when the economy is bleeding they are spending heavily…just imagine when they start taking it all back if they win. God save Nigeria

    • BankyMons

      Nobody can win with you guys, its absolutely despicable just to put it mildly!

      • JustMe

        Wake up. This is not about pulling any emotional cards. it is simple common sense. How long have people being crying about the tariffs for electricity they are not even enjoying. The economy is bleeding. Our reserves are dropping, CBN is sweating to defend in Naira…we all know the economy is in trouble and yet we are giving bonanzas that would be reversed in less than 6 months. Mark my words. This includes the bogus N10 off petrol. Recall the importers are screaming about Naira devaluation as it has eroded margins and hiked landing cost. Wake up guy…all would be reversed in time. The country cannot sustain it. Simple

        • BankyMons

          Shut your gob up! ” Our economy is bleeding, our reserves are dropping,,,,what do you know about running an economy? Every Nigerian now is either a development or monetary economist. The countries that do well do not operate in the manner you guys want government to be run. I feel utterly crossed each I read tripe being posted on the internet by ignorant Nigerian youths. Our journey to the promised land is truly going to be long and tortuous!

          • JustMe

            Shut my gub..wow. how does that equate to facts…Do you know anything at all about Economics or monetary policies. Are any of the points are listed new. I asked for facts and you keep whining….I look forward to a fact based response otherwise I would not honour you with any further response…

          • BankyMons

            If you care to read beyond the introductory part of my post, maybe you can see some ‘evidence’ in my post otherwise you are free to jog on!

          • Desina

            My friend pls don’t let’s compare how sane economies are run with the way things are done in these climes. Just dat u knw; u don’t pay for undelivered services in properly regulated economies. Whereas, I understand where u coming frm, bt ma take is that fulll blown politics is at play.

          • BankyMons

            If you want me to engage in a meaningful discussion with you, then what do you mean by ‘undelivered services’? Do mean a service that will never be delivered or one that will be delivered in the future? Just asking because I will like to know, thanks.

          • Desina

            i was making reference to your observation of how things are properly done. Hence my undelivered services here implies that you do not pay for services you did not get.

          • BankyMons

            You are right there.

      • Yusuf

        no one can deceive us easily guy, a tariff that killed us for 2yrs can not buy us 10 days to elections, its pathetic

      • Desina

        I’m guessing u be person papa or u old enough to reason, so something tells me say ya comment na joke. Smh

        • BankyMons

          Stop ‘shaking your head’ – it’s like a mantra for you guys now. Everybody is shaking their head rather than using it to think and be creative. What value does your comment add to my discussion with JustMe? How did my children (i.e. person papa) or my age come into the discussion? I must commend @disqus_HMDo5YE7kc:disqus because he or she is the only person who is reasonably enough and willing to engage in a decent discussion on here whereas the majority of you will descend into insults and curses. See my posts below if you think there is something you can learn from it. Everything is not about politics – whether you guys like it or not whoever wins this election, life in Nigeria will continue beyond the 28th of March 2015 and Nigeria problems are not going to go away to one far away land on that day. Whether GEJ or Buhari wins, you guys will still live with the problems until there is a collective will amongst the component entities that make-up Nigeria to change the status quo for the better. No single individual can do it on his or her own – am just warning you guys because the level of expectation from a budding democracy like Nigeria is just unrealistic and many people will even be more disenchanted and disappointed by the time we get to 2019. You don’t run a government based on public opinion or activism. Political governance is a tough business that demand tough decisions made by tough people.

    • Papashango77

      I have said this before in one of my earlier submissions that what the PDP is doing now is enticing us with sugar and when we fall prey then their hand is forced through the throat to take it back. Why now GEJ, what have u been doing in the last 5yrs?

  • ICC Hague

    GEJ the scamer of the year you cut half the price for darkness Nigerians have been paying, for fear of Buhari. If Buhari will drive this crooks to remember the downtrodden in Nigeria in only 4 weeks, then 4 weeks of Buhari presidency will be a great blessing to the masses of Nigeria. How Nigerians wish the wasted 6 years of GEJ looting would have been checkmate by election after every six month, so that the destruction could have been less.

  • Guguru

    This is extra-ordinary deception. I hope Nigerian are seeing the liar they have in power. Jonathan wants to solve all of Nigeria’s problems in 6 weeks. LOL. Jonathan the 419er needs to be prosecuted. Vote the liar out.

  • Yusuf

    this companies are owned by ole thieves, so there is no surprise they were extorting us, but when should we expect some refund? At some months I was paying N13,000 in a two bedroom flat in Kano when the average number of hours I had electricity was less than 1hr per day; meanwhile in Portugal I pay less than 20euro per month (N4600 at N230/euro), while I enjoy 24hrs per day – I use the electricity for heating, cooking, washing and so on…The kind of slavery we are passing-through under this ole companies is unbearable

  • Chris1408

    We can see the wickedness of GEJ. He’s doing what he didn’t do in 6 years in 6 weeks. Wickedness. Don’t be deceived my fellow citizens

  • Godfrey Etokebe

    ELECTRICITY is now HALF PRICE. WHO SHOULD WE THANK?
    GEJ! Of course!!!
    VOTE GEJ and PDP for sustainable TRANSFORMATION of NIGERIA!!!

    • Abdul

      what were they thinking before? between January and now do you know how many businesses have closed down? how can you increase electricity tariff by over 100% and expect businesses to survive? even me a private citizen has my electricity tariff increased from mere N6,700 to N9,700 in Nov 2014, by January, it was increased to N18,600 and just when i thought i am now in big trouble, the criminal Discos brought the February bill and it was N23,300. When i ask them why the abnormal bill, the response was “they were trying to make us buy meter by force”. the question is, it is not because my electricity consumption has gone up but because they want to buy meter by force, now, who pays the abnormal differences after buying the fuel? the answer is ME.

      • Omababa

        Funny people, they will still revert unless Jonothin is voted out.

      • Godfrey Etokebe

        You should appreciate GEJ and PDP that has heard Your tribulation and has reacted accordingly. Are you not happy that Your bill now be N4000 per month?
        VOTE GEJ and PDP for sustainable TRANSFORMATIOn of NIGERIA!!!

    • Guguru

      Godfrey,

      My piss no longer stinks, who should we thank? LOL.

      • Godfrey Etokebe

        Good Medical care provided by GEJ and PD government!!

        VOTE GEJ and PDP for sustainable TRANSFORMATION of NIGERIA!!!

        • Guguru

          Godfrey,

          LOL. Would you by chance be the 3rd son of Jonathan? How many bags of rice, gallons of palm oil, and cans of Nido has Jonathan offered you to place your mind on a temporary hiatus for his re-election sake? How much arte your services worth to Jonathan?

          • Godfrey Etokebe

            As a father of the nation, yes, Jonathan is my father. Concerning the welfare package, I am a beneficiary just like 200 millons of Nigerians. My Worth to Jonathan stems from my commitment to the Nigerian Project.
            ONE NIGERIA!!! LONG LIVE THE FEDERAL REPUBLIC OF NIGERIA!!!

          • Guguru

            Though your enthusiasm for Jonathan and his questionable approach to governance is grossly misplaced, your enthusiasm could become infectious to those who have very little information regarding the treacherous state of leadership associated with the Jonathan administration. I am glad Jonathan has been kind to your needs and concerns. Over 15,000 dead Nigerians in the NE would have a hard time making the same claims from their graves as a result of Jonathan’s indifference towards their security and consequently, their economic needs.

          • Godfrey Etokebe

            When SIBLINGS decided to kill their siblings and their parents, was it Jonathan that made them mad?

          • Guguru

            And do you consider the Commander-In-Chief responsible for the security of a nation or not?

          • Godfrey Etokebe

            Security is a shared concept. If I am careless With my wallet, the pick Pockets may have a field day. Should I blame the president for that?

          • Guguru

            Godfrey,

            Share concept or not or whatever that means, “do you consider the Commander-In-Chief responsible for the security of a nation or not?” Jonathan cannot accept the title of Commander-In-Chief and then refuse to accept responsibility for the security situation in the nation he oversees, right?

          • Godfrey Etokebe

            Guguru,
            GEJ is the C in C. Different securtiy situations Call for different approaches. Has GEJ ever denounced his responsibility for the Security of the nation? I haven’t heard that yet. Do you know what delegation and distribution of responsibility means? Do you know what co-operation and Collaboration means? Put these questions into the concept of NATIONAL Security before responding.

    • tundemash

      Cl0wn .. so where is the so called market deregulation when you fix price for the so called investors ?
      I thought u guys claimed NEPA was sold to private investors so how come u are fixing price for a private business except if NEPA was sold to PDP guys .

      Na election gimmick !

  • marig

    Just give us light! We have not seen light in most parts of lagos for one week. Nothing . Nada.

    • Godfrey Etokebe

      I thought APC and Fashola said that he has given light to all of you in Lagos? Was it a typical APC lie?

      • drdenx

        Learn facts before commenting. No state govt. is licensed to distribute electricity. Generation and distribution are two separate aspects of power sector business. To distribute, the FG must approve.

        • Godfrey Etokebe

          20% of generated electricity is suppose to be consumed locally while the rest goes to the national grid. Think!!!

          • me

            Dude, Lagos powers street lights and its buildings with clusters of generation points, has got no approval to do more than that. Lagos wants a licence to distribute what it generates.

          • Godfrey Etokebe

            Why did APC not attend the CONFAB to convass for this?

  • Tunde

    This is a bad omen for our struggling
    electricity industry. There is no way on earth that a private company can make
    profit at half the price of electricity in Nigeria today except the government
    is going to give them free natural gas. The government have just undone all the
    gain or potential gain of the privatization process. How do you get investor to
    invest in an environment where the cost of electricity price does not justify
    the true cost of production or an environment where the government manipulate
    the price of electricity rather than leave it to market forces? How do you convince me as an investor to make a
    long term billion dollar investment in an environment where the government can
    change the price of my product any time? Who is advising this people?????

    • UO

      Tunde, this is just an election gimmick, it is not a coincidence it was announced the week before elections The price will go back up after the elections. Try again desperate Jo, you are still going back to Otuoke.

  • Guguru

    Jonathan, thanks for making Nigeria a shrine for official and ambiguous criminal activity, and high quality exuberant exploitation

  • warry

    These are initial hiccups in the March to better electricity sector.Just like GSM,ut will not happen over night and will require creating the right environment for private Investors to invest and improve the sector through efficiency. The worry is how many Nigerians understand what it takes to achieve these

    • Guguru

      warry,

      Really? How much are you actually paid to place your brain on temporary vacation these days? You consider a crime scene and a a crime activity an initial hiccup and sine qua none for progress? Are you okay today?

      • Godfrey Etokebe

        Define Your crime scene and a crime Activity?

        • Guguru

          50% drop in tariffs is a criminal activity since no reasonable justification has been provided for such sudden drop in pricing. When supposed economic activity such as pricing becomes subject to whimsical and capricious decisions and activity, my good friend, this becomes a platform for unsubstantiated exploitation of consumers, which is often viewed in civilized environment as criminal activity or near criminal activity.

          • Godfrey Etokebe

            ”He said findings from the various reviews showed that the major cause of the spiralling consumer tariffs was the huge aggregate technical commercial and collection losses.”

            Could you imaging if these holes have been Sealed before this reduction?

          • Guguru

            Commercial and collection losses happen to be weak justifications for high tariffs. When the power companies were handed to their new owners, part of the agreement was that they had the financial ability to withstand any economic or social shocks as they transitioned into the hands of new ownership.

          • Godfrey Etokebe

            All innovative Investments are cost demanding. These cost are usually shared between the investors and the consumers. In every clime, the cost of New Products are usually high to sustain the New innovations. After a stabilization period, prices usually drop considerably to the benefit of the investors and the consumers. Why should it be different in Nigeria?

          • warry

            Thanks for teaching them. I even mentioned GSM.Did we not buy mere sim card #40,000 in thus country. The major problem with us as a people is that many people who do not know anything and are not ready to learn want to lead others They are many in politics,the media,especially Social media spreading ignorance based on their wrong perceptions and hatred of GEJ. As far as they are concerned even if GEJ gives them free wives,kids,and houses,he must have been corrupt to do that. Too sad.

          • Godfrey Etokebe

            Thanks Harry for the acknowledgement.

          • Guguru

            Godfrey,

            Warry and you get paid from the same account by the same fellow who reports to Jonathan. Did you not realize this? LOL.

          • Guguru

            Godfrey,

            What innovation are you referring to? What is cost demanding? In which theory or contract was the cost of acquiring equipment from the government supposed to be shared between the investors and the consumer? Can you produce this theory or contract that says privatization burdens are shared between consumers and investors? What stabilization period are you referring to? How long is this strange stabilization period you are referring to supposed to last—eternity? And what theory says that prices will drop after a so-called stabilization period? Is Nigeria even a country or a collection of strange ethnocentric fellows who remain confounded about the basis for their collective interests?

          • Godfrey Etokebe

            Guguru,
            Are you a BIAFRAN?

          • Guguru

            I have no idea what you mean by Biafran.

          • Godfrey Etokebe

            Total rehauling and reconstruction of the transmission lines. You do not need a contract to know that it is normal business practice. Stabilization has been approached, hence the 50% reduction in TARRIFF. Have you questions been summarily elucidated?

          • Guguru

            Godfrey,

            Rehauling what? What is normal business practice and to whom is such a normal business practice? What stabilization and who approached what? What are the boundaries of this stabilization where an approach can be acknowledged? You actually raised more questions. So, can you answer these new sets of questions drawn from your presumed elucidation?

          • Godfrey Etokebe

            Rehauling a system that was left in delipidation for only God know how long. Global business practice. Boundaries are determine by the market forces.

          • Guguru

            Godfrey,

            What system are you referring to? What global business practice are you referring to? What is the link between market forces and boundaries? And what type of boundaries are you referring to? You have more questions to answer.

          • Godfrey Etokebe

            Guguru,
            Do some thinking yourself.

          • Guguru

            Godfrey,

            You are the one informing me of these crowded thought of yours. It is your responsibility to provide clarity. My thinking may only amount to making assumptions about what you may be trying to say. I don’t assume for others. Otherwise, do you even have a clue about what you are talking about?

          • Godfrey Etokebe

            Guguru,
            It’s late. I have to rest my Family for the night!!!

          • Guguru

            Godfrey,

            Ok. I guess my questions have forced you to think about your family. This is a good thing.

          • Godfrey Etokebe

            I give to you today. For once you are stimulating!

          • Guguru

            LOL.

          • Godfrey Etokebe

            You ran away from my questions below on national Security. Why?

          • Uzoma John

            Cost of investment is shared between the investor and consumer. Agreed, but only when commensurate services are rendered to the consumer. You want the consumer to bear the cost of darkness abi. What are you stabilizing- darkness? You guys can’t stop to amuse.

          • Tunji Olarewaju

            So those holes have been blocked only days before the coming election ,as the destruction of BH is ongoing;also days to the election?I know you are doing your job, so steal on till March 28th

      • Tunji Olarewaju

        I’m sure he’s NOT okay,today

  • Ugo

    The Government has been exploiting Nigerians all these while, taking their hard earn money while providing little or no service. Now they know with the coming of Buhari must of these criminal exploitation will be exposed. TIME FOR CHANGE

  • udemeobong

    Just watched Aljazeera news now and the report i saw is how the british govt. Aid programm advised our mumu govt. to sell NEPA to private big organisations for their own selfish interest. A family in Abuja was used as footage and immediately the light went off as usual and they have to use their phone tourchlight to meandre to where the generator ist. Another enterpreneur, a welder used diesel generator to work so he can eat. And yet Jonathan is dashng millions of dollars and people are saying he´s the best. The british govt. says their Aid-Program is to help poor countries and yet they were exposed of their dubious act, advising our govt. to sell our energy industry to private companies that only serve the interest of their conglomerates and the british govt. So before someone will condem anyone or play ethnic politics that has put us where are today, let that person know that the very old colonial powers are the one encouraging our poverty. And our wicked and ignorant leaders play along. Again, the situation of electricity in Nigeria is worser than before and that is fact. Many right activists have been condeming the british steps in london. They are whites mine you.
    So those are doubting informations coming from outside the country should know that Nigeria don´t have the Technology to give the informations people need, cause they can not even afford to provide it citizens electricity. So be wise… and vote wisely for your future sake.

  • udemeobong

    In two weeks time my internet blog will be ready to explode. So guys get ready, cause we have to leberate our motherland, clean it, heal it and restore it back. In the 70ties Nigeria had 30 Aircraft and today? NON. So are we going forward or backward? For tht we pay much to travel and millions can afford flight. In the 70ties we used to enjoy more stable power supply, telecommunication and water supply. And today??? broken water pipelines, exploitation of telecommunicaation in the name of privatisation ets. Are we progressing or deprogressing?? I leave you to judge. Go out and vote!!!!

    • Fumi

      I GUESS YOU MEAN VOTE FOR CHANGE. IF THAT IS WHAT YOU MEAN I SUPPORT YOU TOO. CHANGE

      • udemeobong

        Of course vote for change. What else can we do?? We have to take this opportunity or suffer the next four years. Rember fours one can finish university education and work in better countries. But in Nigeria you suffer and police will trampled on your fundamental human right to add to it. I don´t know how to reach out to millions to make them know at which road junction they find themselves now. A mistake in the wron direction will spell four years doom and who knows who will die and who will survive. God guide us during the voting!!!

      • HAMZA

        KAI which change? It does not just come easy!!!

      • musa

        Was there any indication of violence this APC e-rat? They said someone went to have a meeting with a former VP and you sense fowl play. When will you people stop playing politics with critical issues of this nature? I wonder the kind of kind of leadership APC has to offer with corrupt leaders like Tinubu, Amaechi and Sick presidential candidate. We need transformation cos this change has nothing to offer.

      • musa

        Change to Tinubu and Amaechi? God forbid this conspiracy.

      • udemeobong

        YES CHANGE WE WANT!!!

  • Guguru

    “Ghana with a population of about 27 million has an installed capacity of 2,884 MW. Contrast Nigeria’s current 3,700MW serving over 160 million people with South Africa’s power output of 44,074.4MW for a population of 49 million, according to its Presidential Task Force in Power, then our tragic situation comes out in bold relief.”

    Nigerian Punch, December 2014, “One year post-power privatisation nightmare”

    • HAMZA

      We are the GIANT of Africa.
      And this is FULL DEREGULATION!
      Afterall, where is the light sef/??????????

      • Guguru

        LOL.

  • Guguru

    “President Goodluck Jonathan’s perceived mishandling of the case of the more than 200 school girls abducted by Boko Haram in Borno State got further knocks yesterday in South Africa.

    Crowd at the inauguration of President Jacob Zuma for a second term in office registered their disapproval of government’s inability to rescue the girls one month after, with boos of “Bring back our girls” directed at President Jonathan as he stepped into the venue of the swearing in.

    By his side was the First Lady, Patience.

    And for a moment, Nigeria became the issue at the Union Buildings, Pretoria, where the late Nelson Mandela who became South Africa’s first black president, took the oath of office 20 years ago in a ceremony officially ending white minority rule.

    President Jonathan was one of the more than 20 heads of state gathered for the event.”

    The Nation, May 2014, “Chibok girls: South Africans boo Jonathan in Pretoria”

    • Godfrey Etokebe

      Are sure it was South Africans or APC brain Death supporters (Nigerian) in South Africa?

      • Guguru

        Why don’t you ask the illusions forming in your mind?

  • UGO

    I ALSO ASKED THE QUESTION: ” IF NIGERIAN EARNED 12 TRILLION NAIRA FROM OIL AND GAS IN 2014 AND OUR BUDGET WAS AROUND 4 TRILLION NAIRA, WHERE IS OUR MONEY? THIS IS JUST INCOME FROM ONE SECTOR, NOT TO MENTION TAX, AGRICULTURE, SALES OF ENTERPRISES SUCH PHCN ETC. DOES THIS GOVERNMENT THINK WE ARE FOOLS. CERTAINLY NO

    • One nigeria

      Also, Customs and firs generated about 4trillion in 2014. I wonder where these monies go to ? Na wa o Jona!

    • KAL

      Legitimate questions! That’s the source of the N30 trillion Prof. Soludo alluded to as stolen, mismanaged or squandered and Mrs. Ngozi Okonjo-Iweala can only abuse him as a response.

  • Guguru

    “I promise Nigerians that the issue of power will be solved as soon as the privatisation of power sector is completed.

    “Power is key to the transformation agenda of this government; in no distance future the type of transformation in the telecommunication sector will be experienced in the power sector.”

    Premium Times, May 2013, “Jonathan shocked by huge number of Nigerians in South African prisons”

  • UGO

    Nigeria earned 12.8 trillion from export of crude oil in 2014, meanwhile our budget for the year 2014 was 4.92 trillion. Where is our Monies? 12.8 trillion was income from one sector which is oil and gas, how about Agriculture, Tax, sales of Government Enterprises such as PHCN, stolen recovered funds. With all these monies Nigeria is not a poor country, it is just people stealing our monies. Then somebody will wake up to tell the world that corruption is not the problem of Nigeria.

    • Ibeke

      What also happen to the excess crude account money left by the former administration.

    • musa

      Lack of education is what is killing ignorant people like you, if you want to ask an intelligent question that will benefit others, ask such question constructively without been bias. If you seek to know any thing about government and the revenue it generates, there is freedom of information bill you can make use of. Just go through the right channel and your doubts will be cleared and stop sounding like an e-rat sponsored by the opposition.

  • Bunduma Mohammed

    419 government cannot increase tariff like that. If they are truth they would have said with immediate effect. This is a trap set to decieve Nigerians

    • musa

      This APC e-rats, there is nothing positive you think about this government. Even if they do things that should be recommended and appreciated but becos of your evil nature, you will always doubt it. I wonder if you even believe things would be better for you as a person. Change your mentality and if it is the peanuts that is clouding your conscience, I beg you to see good for this nation and encourage what is good and positive. GOD bless this nation and I believe things will turn for the best soon.

  • MushinSpeaks

    We pay high amount of power yet do not enjoy power. Now that it has been drastically reduced, question is, where will the funding come from?

  • taiwo

    This is a working and compassionate government that feels and listens to the yearnings of the populace.Nice one Mr President we are solidly behind you

  • oluwaseyi mayowa

    Nigerian had it rough under Obj who told us plainly that he does not even bother to read Nigerian newspapers.Nigerians were suffering and mourning in silence.Today we have it so good and yet some irresponsible propagandists are trying to drive us backward but that will never happen.NEVER AGAIN