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BitsAndpieces's Posts 6d496z

BitsAndpieces's Posts

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bitsAndpieces: 4:34pm On Aug 05, 2024
Blaming FG?

How much has Edo received in allowance since subsidy removal?

What did you use it to do?

Anyways, now that LGs have financial autonomy, gov should see to it that an Independent federal INEC starts conducting LG elections.

1 Like

bitsAndpieces: 4:18pm On Aug 05, 2024
maasoap:


Nothing! That's what I'm trying to tell you. Use cement price for example, look at what happened this year. There is already competition in cement industry but the players still managed to come together and fix arbitrary price for us. They refused to compete among themselves, instead, they came together and had an understanding to keep the price high unjustifiably

Electricity is different because the electricity act of 2023 signed allows anyone to generate, transmit and distribute electricity as long as they are ed with the government. If I install a solar farm and start generating 5MW, I can sell it directly to consumers without going through the grid. Although, grid will help me save cost of getting it to you because they already have infrastructures on ground.

I will invest in solar farms only if I get my money back. Imagine more of me in the market, obviously, price will come down. Also, I’m not dependent on gas or coal, so my overheads will be lower.

I won’t want a situation where I go bank, borrow money to build solar farms, only for my customers not be able to pay, hence why gov should install meters and punish electricity theft.
bitsAndpieces: 3:41pm On Aug 05, 2024
maasoap:


Someone here is still being delusional. You haven't leant anything so far

Educate me, smart man. What would bring price down?
bitsAndpieces: 3:27pm On Aug 05, 2024
Protester should go home. Mr President has heard you loud and clear!!

If the protesters are smart, they should set targets like

A) Mr President, by December, we want more verifiable electric buses and trucks

B) We want completion of so and so road by this time

C) We want student loan be converted to grants for outstanding students or repaid when students starts start working.

D) By next year May, we want our megawatt to reach 12,000 MW.


Don’t ask for short term gains like bringing back of fuel subsidy and etc. This will only enrich pockets of the few!!
bitsAndpieces: 3:05pm On Aug 05, 2024
NzogbuNzogbu:
you and tinubu that have become enemies of this country would be the one to leave las las

shebi that enemy of state Buhari have ran to niger

We are not leaving. He has the people’s mandate!

If he does well and if he contest in 2027, I will vote for him again!

If you don’t want him anymore, vote for your candidate in 2027 as any other attempts will fail.
bitsAndpieces: 2:57pm On Aug 05, 2024
President Tinubu’s istration has borrowed over $2 billion so far on electricity and over $500 million was earmarked for mass metering.

If the government wants to stop paying this costly subsidies, they should metre all the unmetered customers ASAP. You will generate more power and spread the cost across all bands evenly.


Liquidity easily flows to DiScos, so DIScos can pay Gencos for electricity consumed at market rates, without the need for subsidy. Some of the liquidity even get to federal government because they own 40% of Discos, which means more federal budget allocations.

I like that NBET is no more, so Discos will buy what they need directly.

They should also start punishing electricity theft, NASS should a law that punishes customers bying meters.

We basically need the market to induce more Gencos to produce more power, and that can only happen if they would be profitable doing so.

Also, make TCN a 20,000 MW wheeling capacity national grid, and then privatise it.

Once the market is flooded with Gencos and more Discos, electricity prices will come down.

Electricity business should be a tax generating revenue stream for government, and not something they should be subsiding.

This sector is a low hanging fruit for the president, particularly now that fuel subsidy is gone. They should improve it, and start using it as tax revenues.

1 Like

bitsAndpieces: 2:28pm On Aug 05, 2024
NzogbuNzogbu:
Make tinubu dey use cocaine play sad

North go soon enter abuja to give him Bangladesh treatment


By whom? Emigrate to Bangladesh now, since you like protesting! Now that the treatment has happened there, go live there with your family and tell us if its eldorado.

When u get there and become a billionaire, send some of that money to your village people
bitsAndpieces: 2:23pm On Aug 05, 2024
If he really likes Russia that much, he should the Russian army, as they are looking for soldiers.

Stupid man!!

I really don’t know why we Africans want to get involved in European countries’ palaver. We have our issues.

4 Likes

bitsAndpieces: 2:09pm On Aug 05, 2024
0m0luabi:
This will be the fate of Tinubu if he keep ignoring protesters demand

Wait till 2027. Tinubu has the mandate of the people!

Democracy has come to stay, and shall not be trampled upon by extremist. No going back on fuel subsidy or multiple exchange rates.

He should allow imported foodstuffs of all kind up till February. Minister of Agriculture should be on ground, meeting all farmers, small, medium and large, asking what they need, and what can be done to help. All ministers should be on ground, no more sitting in offices.

Accelerate the mass metering process, so electricity gets even better. Mr Adelabu should tell us the journey to 6,000 MW he promised by December, and how he is going to achieve it.

CNG should be done alongside with electric cars/buses/trucks. If you have electric cars and places around countries to charge them, you good to go. CNG takes time!

Regarding the student loan, there should be a documentary by Tetfund, outlining the process for us to see. We should see the students who are current beneficiaries, how easy the process is, and see active participants, so that more students will take advantage.

Payment should be made upon job found, and not 2 years after NYSC.
bitsAndpieces: 11:18pm On Jul 25, 2024
Edo governor using market women to play politics in the election.

This strategy won’t work.
bitsAndpieces: 2:30pm On Jul 24, 2024
We should stop using colonial masters in our vocabulary. They are invaders!

33 Likes 8 Shares

bitsAndpieces: 10:21pm On Jul 23, 2024
Mahenson:
Just imagine the kind of nonsensical laws being ed under this failure of a president.

Does it mean that once the IGP is appointed and he starts to misbehave, the president doesnt have power to sack him?

He can be sacked. The amended law is to allow service chiefs who have reached retirement age while in service to complete their contracted tenure.

It is good because if you appoint a good service chief at 59, instead of losing him because of retirement, you can keep him, and utilise his experience.

Would mean hardworking and dedicated service chiefs will continue their good work without interruption.

1 Like

bitsAndpieces: 2:56pm On Jul 23, 2024
I hope he is charged federally and gets the death penalty.

This is insane!

I really hope part of Police reform in Nigeria is officers wearing body cam.

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