Tag: Electricity

Change, Energy

Cutting the Head of the Cobra Effect

Jilomes


In economics, the concept of “Perverse Incentive” commonly refers to a situation where an incentive leads to detrimental outcomes for the enablers of such incentive. The most popular example comes from British Colonial India where an attempt to eliminate cobras in Delhi by paying for each killed cobra led to people farming cobras. Due to self-interest, the socially or morally optimal outcome will never occur as humans would rig the system to perpetuate the incentive. This is the rabbit hole that Nigeria needs to escape from.

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Energy

Electricity, Gas & Kerosene: Which is Cheaper?

Jilomes

Have you ever wondered whether to boil water using an electric kettle or to use cooking gas? Or maybe you currently use kerosene and wonder what the hype is about gas. My wife and I routinely debated our home’s energy cost with regards to different energy sources, so I decided to do an empiric comparison. Maybe someone else could use this to settle their own debates.

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Change, Randoms

​Undeserved Hoops

Jilomes

One of Nigeria’s contemporary bright minds, Ayo Sogunro, once wrote that “everything in Nigeria will kill you”. While one tries to take in the import of his statement, one hears something like “life is already hard; why make it simple”. The two quotes combined, paint a gloomy picture of a Nigeria that is designed to make things as difficult as possible for Nigerians. Sadly, this is a daily reality for many Nigerians.  Continue reading “​Undeserved Hoops” →