Bolaji,
The revenue FACTS of different countries (especially the industrialized and fast developing ones) would reveal that there is nowhere in the world where the intial tarrifs accruing from basic utilities and infrastructures such as water, electricity, gas, road tolls etc make immediate profits on the cost of the investments; however, these vital items are usually foundational infrastructures that support the development of profit-making production, services and transportation industries which generate huge profits and pay taxes to Govts and Govt-supported concens building those basic facilities. Also, the economy of scale over the long term and the revenue stream over time ultimately produce unimaginable benefits that over-ride the quick profit consideration. So you may see a multi-million dollar highway collecting 50 Cents per car; but the benefits of the highway to commerce and service industries as well as the ease of traffic and rapid movement of people from one location to another, all combine to produce the economic value for the society on the long run. So to ask Nigerians whether the benefits and total value of regular electricity in a society can be reduced to the QUICK profit from selling to customers is grossly short-sighted and demonstrate the need for superior leadership vision to move Nigeria forward. Take care. Joe Igietseme
From: NaijaPolitics@yahoogroups.com on behalf of rotimi_osunsan@yahoo.com
Sent: Sat 20-Nov-10 4:26 PM
To: ngpolitics@googlegroups.com
Cc: NaijaPolitics e-Group; naijaintellects
Subject: [NaijaPolitics] Re: Do You Agree To Pay More And Get Constant Power In Return?
I have a great idea that would solve 80 percent of Nigerian ills, including electricity utility, within three years if a particular Bill I intend to promote if elected into the House of Representatives in the 2011 elections.
I will guarantee it too!
Rotimi Osunsan
Certified Public Manager
Washington DC
On the Ground Lagos
Aspirant Federal House of Reps, Constituency II, Suru-Lere Local Government Area.
Sent from my BlackBerry wireless device from MTN
From: Mobolaji ALUKO <alukome@gmail.com>
Sender: ngpolitics@googlegroups.com
Date: Sat, 20 Nov 2010 14:49:09 -0500
To: <ngpolitics@googlegroups.com>
ReplyTo: ngpolitics@googlegroups.com
Cc: NaijaPolitics e-Group<NaijaPolitics@yahoogroups.com>; naijaintellects<naijaintellects@googlegroups.com>
Subject: Re: Do You Agree To Pay More And Get Constant Power In Return?
Dear All:
There is no need for all of us to be angry about payment or no payment for electricity in our country.
All data show that the current tariff for electricity in Nigeria is not at an economic rate - that is, even if ALL the revenue for all the electrical energy delivered were collected, the entire chain (generation, transmission, distribution, commercialiation) would not make a profit. Current tarriff is too low at N5 - 11/kWhr, so the Federal Government is looking at N18-N22/Kw-hr and up for some time to come, bearing in mind that cost of diesel generation is about N50-77/kWh. This is INDEPENDENT of the efficiency or stability of the delivered power.
To properly ask whether any Nigerian or Nigerian family or business or industry would be prepared to pay more, we must do three things:
1. find out how many kW-hours of energy each entity uses per month. [This is slightly technical, but it must be done. Just look at the Kilowatt rating of your major appliances; see how many hours that they are turned on per day; and multiply (for each equipment) the rating by the hours by 30, and add them all up for all of the equipments, and multiply your result by a factor like 1.2 - 1.4]
2. multiply that kW-hours by the tarriff N5 / kW-hour in step increases of N5 each, all the way to N70 / kW-hour.
3. compare each of those figures with:
(a) what you are paying now per month for power using ALTERNATIVE generation (diesel generator, kerosene, wood, etc.)
(b) divide each by your monthly income.
4. The tarriff that you should be willing to pay will be between:
(a) the one that does not lead to a monthly cost lower than (3a);
(b) that one that does not lead to a HIGHER fraction of your monthly income that you are WILLING to pay each month (may one-eigth, or one-quarter, one-third, or one-half.) You decide that one.
And there you have it.
Obodoekwe styvn - please help us do the calcuation for your house and co-tenants!
Bolaji Aluko
------------
FROM ericayoola@aol.co.uk
Pay more than what?? How much is being paid at the moment and how much by will that amount improve?? A survey that cannot provide that basic information before posing questions as this is silly. Of course if you have to pay say N200 more, then yes, but if it is say N5000 more per month then the vast majority of Nigerians will balk at the idea simply on grounds of affordability.
Privatise power if you will but without the type of government subsidy that we have on oli being accorded to privatised power, 70% of Nigerians will be priced out. Simple as that.
Sent from my BlackBerry smartphone from Virgin Media
Sent from my BlackBerry smartphone from Virgin Media
On Sat, Nov 20, 2010 at 6:19 AM, Styvn Obodoekwe <obodoekwe@yahoo.com> wrote:
From: COLLINS EZEBUIHE <collyezebuihe@hotmail.com>
Subject: RE: Do You Agree To Pay More And Get Constant Power In Return?
To: ngpolitics@googlegroups.com, nigeria360@yahoogroups.com, igboevents@yahoogroups.com
Date: Thursday, 18 November, 2010, 9:53
Given that there are connected individual Nigerian citizens allotted Oil wells, and who
are also making tons of money as a result, Electricity should therefore be a right, not
a privilege, and free of charge (FOC) to the extent sustainable, to all Nigerian citizens.
In that sense every Nigerian will be getting some share of the Eastern Nigerian Oil.
Makes sense, doesn't it?
Collins.
> Date: Thu, 18 Nov 2010 07:08:53 -0800
> From: timkola1@yahoo.com> To: naijamix@googlegroups.com; naijamix@yahoogroups.com; ngmix@yahoogroups.com; ngpolitics@googlegroups.com; nigmix@yahoogroups.com; 9ja_mix@yahoogroups.com; 9jaland@googlegroups.com; 9jamix@yahoogroups.com
> Subject: Do You Agree To Pay More And Get Constant Power In Return?
>
> As the problem in Nigeria’s power sector lingers, 96% of Nigerians interviewed in a poll conducted by a leading opinion polling organization in the country, NOI Polls, have said improved service is of necessity, even if it will mean paying more for the service.
>
> The willingness of an overwhelming proportion of Nigerians to pay...click here to read more http://forum.ngmix.net/viewforum.php?f=7
>
>
>
>
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Forum members are reminded that NaijaPolitics is established to be a moderated forum for gavel-to-gavel discussion of political developments in Nigeria, Africa's largest democracy. Freedom of opinion/expression is inherent in NaijaPolitics. Views and opposing views expressed in NaijaPolitics forum are the rights of individual contributors. Mutual respect for people's views is the corner stone of our forum. Freedom of speech applied responsibly within the guiding parameters of Yahoo! Inc (our hosts) and NaijaPolitics Rules and Guidelines (broadcast monthly and accessible to all subscribers in our archives) is our guiding principle. Everyone posting to this Forum bears the sole responsibility for any legal consequences of his or her postings, and hence statements and facts must be presented responsibly. Your continued membership signifies that you agree to this disclaimer and pledge to abide by our Rules and Guidelines.
NaijaPolitics is division of Afrik Network Groups.
Latest Version of Disclaimer released (December 15, 2005)
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