This community transformer racket has to stop completely. It is daylight robbery disguised as community self-help, and the regulatory double standard is sickening.
Look at how the power sector works in Nigeria:
When a community transformer blows up, the DisCo goes deaf. You write letters, make calls, and nothing happens. Six months down the line, residents are suffocating in darkness, small businesses are dying, and fuel prices are draining everybody's pockets.
Out of sheer desperation, landlords gather, task every household 50k, 100k, or more, and scrape together 5 to 8 million Naira to buy a brand new transformer, buy heavy copper cables, and pay for poles.
The moment that equipment is energized, the DisCo claims it as company property. They add it to their network balance sheet, and within two weeks, they start distributing Band A and Band B bills. If you do not pay, they disconnect you with the ladder leaning on the very pole you bought with your own sweat.
How can a private, for-profit utility company take free capital equipment from struggling citizens, pay zero interest, give zero equity, and then charge those same citizens full price to use it?
If NERC mandated that customers who pay upfront for meters under the MAP scheme must be refunded their money over time through energy credits, why does the exact same logic not apply to transformers?
A meter costs 100k to 150k and you refund it via monthly energy units.
A transformer costs 6 to 10 million Naira funded by an entire street, and you pretend it was a charitable donation to a private entity?
This injustice has to end.
If a community is forced to step in and buy infrastructure because a DisCo failed its obligations, NERC should make automatic amortization mandatory:
Every single household on that street that contributed to buying that transformer should have their meter credited with monthly energy units until the full cost of the asset, cables, and installation logistics is completely paid back.
You cannot let private DisCos enrich their asset portfolios with crowd-funded community blood and then charge those same people premium tariffs for power. If DisCos want to own the asset, they must refund the people who paid for it.
@D_Curious_Sage They don't collect it as cash in their account. They prolly have an app and particular stores/cafeteria they can spend it in, and those places are always overpriced
The whole setup is just a rip off
@D_Curious_Sage Lol, allowance? I am very sure It's just for feeding
Might seem like a lot until you hear the breakdown and the restrictions behind the money
It's disgusting to see how Western influence on African politics and infrastructural development is reduced to "CIA 😂😂😂"
I grew up in a household where these things were discussed daily over lunch or dinner.
My first copy of "How Europe Underdeveloped Africa" was taken from my father's library.
"In Biafra, Africa Died"? That one was a gift from my cousin.
The first time I heard about Frantz Fanon, we were discussing the idea that struggling to adopt foreign accents and prioritizing foreign languages over native tongue might be a manifestation of low racial self-esteem.
I WAS IN SS1.
When I come online and interact with some of the people here, I get sad.
For all their shortcomings, my parents did well in this particular one.
I honestly don’t know how far this post will go, but I need to try.
I have ₦600,000 left to pay from a ₦1.8m debt that came from a business deal that went badly. I’ve already paid ₦1.2m, sold properties and sacrificed almost everything valuable I had to get to this point.
The ₦600k is due by Saturday, and my house rent is also due soon. I’m trying to raise about ₦1m to clear the debt, sort out my rent and get back on my feet.
I’m not asking anyone to give me ₦1m.
I’m asking you to patronize our business.
We deal in iPhones, laptops, UK-used gadgets, brand-new phones, active & non-active devices, game consoles, speakers and accessories.
For the next few days, I’m crashing our prices and forfeiting a large part of my profit to raise the money I need.
You will hardly find these offers anywhere else. Give me a chance to prove it.
📍 15, Adepele Street, Computer Village, Ikeja, Lagos.
Come into the store, inspect and test whatever you want before payment. We also deliver nationwide.
I’ll be posting the available gadgets and prices. If you need an iPhone, laptop, PS5, speaker, smartwatch, charger or any gadget, please consider buying from us.
And if you don’t need anything, please repost.
You may not be able to give me money, but your repost could put this in front of someone who needs what I sell.
I’m not looking for a handout.
I’m asking for an opportunity to sell.
Please patronize us.
Please refer someone.
Please repost.
Give me a chance to work my way out of this.
Thank you. 🙏
@remotemondays Post something for people without laptops, I've been seeing a lot of jobs that requires a laptop for assessment first and I don't have access to one right now
20,000 people joined the Morfi waitlist.
Apparently, the internet is ready to put a price on being right.
The $10k giveaway is still going.
Join before someone with a worse opinion wins it.
My feed is people shouting opinions at each other all day. Nobody has anything at stake, so nobody really listens.
It made me wonder: what if you had to put money behind your take?
Would we argue more honestly?
We're giving away $10,000 at launch.
Earn points, climb the leaderboard, take your cut. 20 raffle spots on top.
Start questing now at https://t.co/xt3b9n7Ifg 🫵