Opinion

Jonathan Did Not Order Reversal of Electricity Tariff, By Sam Amadi

...take it from the horse’s mouth: Jonathan did not reverse any tariff. Sam Amadi and his colleagues changed the tariff through the normal due process and as part of effective regulation of the sector. I have read some piece of news suggesting that Dr. Goodluck Jonathan ordered the reversal of…
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Opinion

Solutions to Addressing the Challenges of the Power Sector Privatisation, By Odion Omonfoman

The privatisation of the power sector, while transparently conducted, was fraught with a number of missteps and set to go wrong from the start of the process. Four years after, the privatisation has proven to be problematic, and may result in a sovereign debt burden for Nigeria and Nigerians. The…
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Opinion

Privatisation of the Power Sector: What Went Wrong?, By Odion Omonfoman

The privatisation process was underpinned by very optimistic and unrealistic assumptions and promises by Nigerian Electricity Regulatory Commission (NERC), the Bureau of Public Enterprises (BPE) and policy makers. There were also several promises made to investors during the bid stage to incentivise them. Such unrealistic assumptions and incentives In recent…
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Opinion

Eligible Customer Declaration – Matters Arising, By Odion Omonfoman

- Minister for Power, Babatunde Raji Fashola However, the big elephant in the room is how the policy would be implemented, particularly the DUoS for eligible customers at 11KV and 33KV served by DISCOs, as well as the potential revenue shortfall that may further weaken already financially stressed Discos. We…
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Opinion

For Nigeria, Did God Really Say, “Let There Be No Light”?, By ‘Tope Fasua

...I’m not hopeful that we can make the needed change in this matter, to be candid, because Nigeria has never been a truthful country. The darkness we are in is at once a symptom of our dark hearts, as it is a metaphor for the state of our nation. Perhaps…
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Opinion

Remodelling Governmental Intervention in the Nigerian Electricity Market, By Yusuf O. Ali

...it is time for the government to develop a comprehensive and wholly accountable funding programme that will guarantee that the government’s intervention funds are used not only to avert the looming financial disaster but, for a change, to also bring about a financially self-sufficient Electriciy Market in the not too…
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Opinion

Did Minister Babatunde Fashola Get It Wrong?, By Simbo Olorunfemi

We cannot, for the sake of some agreement and a rigid reading of the law, continue to short-change ourselves by not removing the hurdles in the way of off-grid solutions that will enable independent power plants set up, based on potential demand, to generate and distribute directly to customers without…
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Opinion

Forty-Five Power Sector Prophecies In 2017, By Odion Omonfoman

Electricity customers should pray against further devaluation of the naira. Customers should pray violently against the floating spirit of the naira. It’s the start of another new year. And as usual, “prophets” are dishing out all sorts of prophecies - from the mundane to the ridiculous, in very, very vague…
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Opinion

Financing Infrastructure Deficit Using a National Asset Trust Programme (2), By Odion Omonfoman

The Economic Management Team headed by the vice president may wish to consider developing a National Infrastructure Asset Trust Programme, as described herein, as a means of attracting private sector capital to finance our infrastructure deficit. It would save Nigeria the loss of national asset should the proponents for asset…
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