Thread: Economicwatch
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Old 8th June 2017, 01:28 PM
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Default Re: Economicwatch

Originally Posted by migiets View Post
Has all the levels of government paid their debts to the DISCOs?. Let the government pay their debts and then they can have the moral rights to castigate the DISCOs for non performance. Imagine if NITEL was privatized and the government still owing huge telephone bills.
The DISCOs truly have some understandable challenges but right now, they are the cogs in the wheel of progress. Did you hear some of the allegations Fashola made against them ? e.g not opening their financial books for scrutiny and rejecting power allocations with flimsy excuses.
Also their revenue collection ratio is plain pathetic. 25% of revenue collectables ???
I am sure some of those old NEPA/PHCN rogues are still there and their influence must be broken.

They should tell Government how they can be helped in terms of stiffer punishment for criminal bypass of meters e.t.c.
The GENCOs are the best functioning part, those ones just want good returns on their investement, the Transmissions is improving too but these DISCOs are really what Yorubas call Oniwahala.

Last edited by duduspace; 8th June 2017 at 01:31 PM.
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