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Post by Honorebu on May 28, 2016 21:29:40 GMT
Hello fam, It's obvious the power situation in Nigeria is getting worse by the day as a result of low gas supply I saw this tweet this morning about Ogun state industries having issues with power and it got me thinking We shouldn't let happenings in other regions destabilize our economy Are there any short-term solutions to this problem? What are the long-term solutions? What should SW states do at this point in time? omohayek Ogbeni Ogunnaike Short_Biscuit olukumi Her Highness Belmot ajanaku Omoluabi AgbongboAkala oduastates We Yoruba and our political leaders need to stop fooling ourselves. THERE WILL NEVER BE PEACE IN THE NIGER DELTA!!! The avengers you see today are primarily Ijaw who are angry the dominance and free money of the GEJ era are gone. If Buhari settles with them, you can bet it that the Isoko & Urhobo will start theirs next. I saw olukumi mull the idea of nuclear barges as short term solution but i don't know how possible that is relative to our laws. I agree with the idea of buying gas from other gas producing countries to feed the plants in the SW. If we can be importing PMS and bitumen, why can't we import gas feed too? This we do until such a time when we can properly and comfortably harness the oil and gas potentials in the SW. The way it's going, Dangote refinery might need to rely on imported crude when they start operation. Those industries suffering power outages will put pressure on the diesel supply in the country leading to an increase in price or even a scarcity but i guess no other way for now. This is what happens when your crippled roommate decides to take a laxative. His disability becomes your problem. I've noticed, it's always the ijaws messing up the whole place. Funny thing is, Bayelsa is not the even the highest oil-producing state Lol I saw Olukumi's response as there is are no short-term solutions to this problem Speaking of importation of gas, that one go cost ooo. States can't even afford salaries. FG no get money without oil and besides all these according to Yorubanger can't take place without the FG being involved
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Post by omohayek on May 28, 2016 22:03:49 GMT
We Yoruba and our political leaders need to stop fooling ourselves. THERE WILL NEVER BE PEACE IN THE NIGER DELTA!!! The avengers you see today are primarily Ijaw who are angry the dominance and free money of the GEJ era are gone. If Buhari settles with them, you can bet it that the Isoko & Urhobo will start theirs next. I saw olukumi mull the idea of nuclear barges as short term solution but i don't know how possible that is relative to our laws. I agree with the idea of buying gas from other gas producing countries to feed the plants in the SW. If we can be importing PMS and bitumen, why can't we import gas feed too? This we do until such a time when we can properly and comfortably harness the oil and gas potentials in the SW. The way it's going, Dangote refinery might need to rely on imported crude when they start operation. Those industries suffering power outages will put pressure on the diesel supply in the country leading to an increase in price or even a scarcity but i guess no other way for now. This is what happens when your crippled roommate decides to take a laxative. His disability becomes your problem. I've noticed, it's always the ijaws messing up the whole place. Funny thing is, Bayelsa is not the even the highest oil-producing state Lol I saw Olukumi's response as there is are no short-term solutions to this problem Speaking of importation of gas, that one go cost ooo. States can't even afford salaries. FG no get money without oil and besides all these according to Yorubanger can't take place without the FG being involved States don't need to be involved in gas importation, as that can be done directly by the actual users - the power companies. The main requirement for them to be willing to do so - apart from giving them the freedom to repatriate their earnings at realistic exchange rates - is that they are allowed to charge market rates to their customers, and to quickly cut off the ones who don't pay their bills. Without the requirement to feed into a national grid, power companies could choose to target commercial and industrial customers who would be willing to pay realistic rates for assured supply, and the power suppliers could even financially justify building out new transmission systems for such high-value customers. This would get around the headache of households complaining about bills, or government ministries and army barracks owing billions yet demanding continued power at gunpoint.
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Post by Omoluabi on May 28, 2016 22:06:14 GMT
We Yoruba and our political leaders need to stop fooling ourselves. THERE WILL NEVER BE PEACE IN THE NIGER DELTA!!! The avengers you see today are primarily Ijaw who are angry the dominance and free money of the GEJ era are gone. If Buhari settles with them, you can bet it that the Isoko & Urhobo will start theirs next. I saw olukumi mull the idea of nuclear barges as short term solution but i don't know how possible that is relative to our laws. I agree with the idea of buying gas from other gas producing countries to feed the plants in the SW. If we can be importing PMS and bitumen, why can't we import gas feed too? This we do until such a time when we can properly and comfortably harness the oil and gas potentials in the SW. The way it's going, Dangote refinery might need to rely on imported crude when they start operation. Those industries suffering power outages will put pressure on the diesel supply in the country leading to an increase in price or even a scarcity but i guess no other way for now. This is what happens when your crippled roommate decides to take a laxative. His disability becomes your problem. I've noticed, it's always the ijaws messing up the whole place. Funny thing is, Bayelsa is not the even the highest oil-producing state Lol I saw Olukumi's response as there is are no short-term solutions to this problem Speaking of importation of gas, that one go cost ooo. States can't even afford salaries. FG no get money without oil and besides all these according to Yorubanger can't take place without the FG being involved Well, we'd have to find a way. The industries must be kept running so if there's no electricity, they'll have to use generators which run on diesel which is also imported. The only thing that'll stand in the way is legislation since the power plants despite their privatization are still firmly under govt control. We can't develop if all we can do at this stage is to hope the hooligans in the niger delta get an epiphany. The Ijaws will push the others to the wall someday and they'll get a response. there's a lot of anger against them on ground right now. I really can't wait for them and the king kongs to be lumped together in that utopian biafraud. South Sudan will be child's play in comparison.
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Post by omohayek on May 28, 2016 22:08:55 GMT
I've noticed, it's always the ijaws messing up the whole place. Funny thing is, Bayelsa is not the even the highest oil-producing state Lol I saw Olukumi's response as there is are no short-term solutions to this problem Speaking of importation of gas, that one go cost ooo. States can't even afford salaries. FG no get money without oil and besides all these according to Yorubanger can't take place without the FG being involved Well, we'd have to find a way. The industries must be kept running so if there's no electricity, they'll have to use generators which run on diesel which is also imported. The only thing that'll stand in the way is legislation since the power plants despite their privatization are still firmly under govt control. We can't develop if all we can do at this stage is to hope the hooligans in the niger delta get an epiphany. The Ijaws will push the others to the wall someday and they'll get a response. there's a lot of anger against them on ground right now. I really can't wait for them and the king kongs to be lumped together in that utopian biafraud. South Sudan will be child's play in comparison. Indeed, that would be worth grabbing popcorn to sit down and watch! If the Ijaws think they're oppressed now, they should wait until they become part of an Igbo-majority country!
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Post by Honorebu on May 28, 2016 22:11:12 GMT
I've noticed, it's always the ijaws messing up the whole place. Funny thing is, Bayelsa is not the even the highest oil-producing state Lol I saw Olukumi's response as there is are no short-term solutions to this problem Speaking of importation of gas, that one go cost ooo. States can't even afford salaries. FG no get money without oil and besides all these according to Yorubanger can't take place without the FG being involved States don't need to be involved in gas importation, as that can be done directly by the actual users - the power companies. The main requirement for them to be willing to do so - apart from giving them the freedom to repatriate their earnings at realistic exchange rates - is that they are allowed to charge market rates to their customers, and to quickly cut off the ones who don't pay their bills. Without the requirement to feed into a national grid, power companies could choose to target commercial and industrial customers who would be willing to pay realistic rates for assured supply, and the power suppliers could even financially justify building out new transmission systems for such high-value customers. This would get around the headache of households complaining about bills, or government ministries and army barracks owing billions yet demanding continued power at gunpoint. Interesting! but are the power companies privately owned?
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Post by Omoluabi on May 28, 2016 22:14:05 GMT
Well, we'd have to find a way. The industries must be kept running so if there's no electricity, they'll have to use generators which run on diesel which is also imported. The only thing that'll stand in the way is legislation since the power plants despite their privatization are still firmly under govt control. We can't develop if all we can do at this stage is to hope the hooligans in the niger delta get an epiphany. The Ijaws will push the others to the wall someday and they'll get a response. there's a lot of anger against them on ground right now. I really can't wait for them and the king kongs to be lumped together in that utopian biafraud. South Sudan will be child's play in comparison. Indeed, that would be worth grabbing popcorn to sit down and watch! If the Ijaws think they're oppressed now, they should wait until they become part of an Igbo-majority country! But i can bet it that the Ijaws will exterminate the yeeboes if those ones try anything. You need to see an ijaw man in his element. I don't know who is more sinister between them and boko haram
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Post by Honorebu on May 28, 2016 22:14:44 GMT
Lol omohayek and Omoluabi , the idea of gIGBOS being in the same country is just a fantasy. Forget nairaland, they don't like each other. Even gIGBOS are being killed in Bayelsa But it will be interesting to see that happen. Those Ijaws are barbaric. They're the Southern version of Fulanis Dem never see anything. They think they're dealing with Yorubas
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Post by Omoluabi on May 28, 2016 22:15:05 GMT
States don't need to be involved in gas importation, as that can be done directly by the actual users - the power companies. The main requirement for them to be willing to do so - apart from giving them the freedom to repatriate their earnings at realistic exchange rates - is that they are allowed to charge market rates to their customers, and to quickly cut off the ones who don't pay their bills. Without the requirement to feed into a national grid, power companies could choose to target commercial and industrial customers who would be willing to pay realistic rates for assured supply, and the power suppliers could even financially justify building out new transmission systems for such high-value customers. This would get around the headache of households complaining about bills, or government ministries and army barracks owing billions yet demanding continued power at gunpoint. Interesting! but are the power companies privately owned? Well, after the 'privatization', you'd expect them to be but this is nigeria
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Post by Omoluabi on May 28, 2016 22:21:25 GMT
Lol omohayek and Omoluabi , the idea of gIGBOS being in the same country is just a fantasy. Forget nairaland, they don't like each other. Even gIGBOS are being killed in Bayelsa But it will be interesting to see that happen. Those Ijaws are barbaric. They're the Southern version of Fulanis Dem never see anything. They think they're dealing with Yorubas 97% of the social media support for the avengers is by yeeboes who are too spineless to fight for themselves. Ijaw boys don't have time to come and be doing one yeye bragging on social media. like i said earlier, the jury is out on who is more sinister between the warriors up north and the average ijaw boy. Those guys are something else. I pity the yeeboes. Do you know even their cousins in Onelga in rivers state DO NOT SELL LANDS TO THEM? this is despite the fact that 3 out of the 16 clans making up the Egbema division of Imo state are located in ONELGA? Even the E in the ONELGA stands for Egbema, yet no yeeboe can buy land there. How much less do you think the Ijaws regard them? Honestly i can't wait for that macabre union. the average yeeboe NEVER LEARNS FROM HISTORY so they're doomed to repeating it.
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Post by omohayek on May 28, 2016 22:22:03 GMT
Interesting! but are the power companies privately owned? On paper the gencos and discos are, but in reality, their freedom of action is currently seriously limited by FG requirements on how much they charge, how they can distribute their power, how they can recover costs from deadbeat customers, etc. It is the burden of all these extra requirements which has turned what ought to be a straightforward business into a nightmare - it simply isn't financially attractive. If the requirements were lifted tomorrow (and the Naira was allowed to freely float), I guarantee that within a year the companies would all be falling over themselves to be the cheapest suppliers of power to the commercial and industrial sector. The other side to that is that most would probably give up completely on the retail business, due to the political opposition to charging realistic rates, the high rate of power theft, the cost and hassle of recovering debts, etc. I think even such a trade-off would still be worth it, given that availability of power is so crucial to economic growth.
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Post by Honorebu on May 28, 2016 22:27:05 GMT
Interesting! but are the power companies privately owned? On paper the gencos and discos are, but in reality, their freedom of action is currently seriously limited by FG requirements on how much they charge, how they can distribute their power, how they can recover costs from deadbeat customers, etc. It is the burden of all these extra requirements which has turned what ought to be a straightforward business into a nightmare - it simply isn't financially attractive. If the requirements were lifted tomorrow (and the Naira was allowed to freely float), I guarantee that within a year the companies would all be falling over themselves to be the cheapest suppliers of power to the commercial and industrial sector. The other side to that is that most would probably give up completely on the retail business, due to the political opposition to charging realistic rates, the high rate of power theft, the cost and hassle of recovering debts, etc. I think even such a trade-off would still be worth it, given that availability of power is so crucial to economic growth. After going through all these, everything still points towards "restructuring the country"
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Post by Honorebu on May 28, 2016 22:27:44 GMT
Lol omohayek and Omoluabi , the idea of gIGBOS being in the same country is just a fantasy. Forget nairaland, they don't like each other. Even gIGBOS are being killed in Bayelsa But it will be interesting to see that happen. Those Ijaws are barbaric. They're the Southern version of Fulanis Dem never see anything. They think they're dealing with Yorubas 97% of the social media support for the avengers is by yeeboes who are too spineless to fight for themselves. Ijaw boys don't have time to come and be doing one yeye bragging on social media. like i said earlier, the jury is out on who is more sinister between the warriors up north and the average ijaw boy. Those guys are something else. I pity the yeeboes. Do you know even their cousins in Onelga in rivers state DO NOT SELL LANDS TO THEM? this is despite the fact that 3 out of the 16 clans making up the Egbema division of Imo state are located in ONELGA? Even the E in the ONELGA stands for Egbema, yet no yeeboe can buy land there. How much less do you think the Ijaws regard them? Honestly i can't wait for that macabre union. the average yeeboe NEVER LEARNS FROM HISTORY so they're doomed to repeating it.
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Post by Honorebu on May 28, 2016 22:32:27 GMT
So basically, we're past the first phase which is privatisation but the terms are bad But who knows, omohayek and Omoluabi, the private power companies might start importing gas when they can't hold it anymore But they need to renegotiate the terms with the FG
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Post by Omoluabi on May 28, 2016 22:40:11 GMT
So basically, we're past the first phase which is privatisation but the terms are bad But who knows, omohayek and Omoluabi , the private power companies might start importing gas when they can't hold it anymore But they need to renegotiate the terms with the FG Like omohayek said, the number of regulated aspects of the business take away the privatization tag from these entities. If there's no let up in the tight control from govt and tantrums from NLC, they'll simply stop producing anything. Why bother yourself when you can't even get market driven returns on your investments? We Nigerians simply need to start getting used to the idea of paying a fair price for services rendered to us. I packed into a new house last January and the electrician was almost insisting i allow him bypass the meter so i can pay less. He was surprised i insisted on being billed for all i used. How do the companies stay afloat if citizens refuse to pay bills? I'm working on my personal project now and i'm putting solar power into the budget. I've resolved not to bother myself with the public power people. o ti to ge!!
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Post by Honorebu on May 28, 2016 23:01:02 GMT
So basically, we're past the first phase which is privatisation but the terms are bad But who knows, omohayek and Omoluabi , the private power companies might start importing gas when they can't hold it anymore But they need to renegotiate the terms with the FG Like omohayek said, the number of regulated aspects of the business take away the privatization tag from these entities. If there's no let up in the tight control from govt and tantrums from NLC, they'll simply stop producing anything. Why bother yourself when you can't even get market driven returns on your investments? We Nigerians simply need to start getting used to the idea of paying a fair price for services rendered to us. I packed into a new house last January and the electrician was almost insisting i allow him bypass the meter so i can pay less. He was surprised i insisted on being billed for all i used. How do the companies stay afloat if citizens refuse to pay bills? I'm working on my personal project now and i'm putting solar power into the budget. I've resolved not to bother myself with the public power people. o ti to ge!! Lol speaking of not relying on the govt, a brother of mine recently told me something. In his words "See ehn make I no lie you, I no send Naija govt Anything wey wan happen make e happen.I just wan take care of my family and sort out myself. Buy better car wey fit handle the roads and take care of electricity myself.Na so naija be. If you go dey wait for govt, you just dey waste your time. Dem daddy (my father) been wait for govt sef, yet nothing don happen. Leave politics and sort out yourself"
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