Discover and read the best of Twitter Threads about #300bn
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I am building the financial model for a client & these numbers from NBET for January 2023 is very revealing:
EGBIN that does 1,320 megawatts (1.32 GW) gave the NBET capacity load worth 14,485,059,213 billion naira in its final settlement statement (FSS) for January 2023
EGBIN that does 1,320 megawatts (1.32 GW) gave the NBET capacity load worth 14,485,059,213 billion naira in its final settlement statement (FSS) for January 2023
The total remittance collections from end users and excess remittance collections came out at 58%.
The Govt thru:
• Payment Assurance Facility
• World Bank PSRO Loan
• FG grants
= 11.85%
Follow me, I am going somewhere,
This means there's an impairment of 30.25% that has
The Govt thru:
• Payment Assurance Facility
• World Bank PSRO Loan
• FG grants
= 11.85%
Follow me, I am going somewhere,
This means there's an impairment of 30.25% that has
accumulated for all other GENCOs from the historical tariff shortfall (over time) that has amounted to #300bn (reason the GENCOs are threatening to shutdown because of structure of Bill 33).
If the Tariff Shortfall is basically Cost Reflective Tariff- Actual Tariff (that makes
If the Tariff Shortfall is basically Cost Reflective Tariff- Actual Tariff (that makes
