With generated power insufficient to meet demands of local producers, manufacturers in the country have generated at least 13,000MW of electricity under its Independent Power Projects (IPPs) and micro grid platforms to meet their operational demands.
According to the Manufacturers Association of Nigeria (MAN), manufacturers experience inadequate electricity supply with an average of 9 hours and 4 times power outage daily. With alternative energy utilisation and relative improvement in electricity supply to manufacturing companies from the national grid, expenditure on electricity in the sector totalled N117.38 billion in 2017 as against N129.95 billion recorded in 2016; thus, indicating N12.57 billion decline over the period.
MAN President, Dr. Frank Jacobs, while acknowledging government’s efforts in addressing the challenges of inadequate electricity supply, pointed out that the privatisation of the power sector leading to strategic initiatives are worthy of note. Jacobs, who was represented by the vice president, North West Zone, MAN, Ibrahim Usman, at a special interactive forum on eligible customer regulation, however lamented that Nigerian manufacturers currently self-generate as much as 13,000MW through alternative sources in order to remain in business.
Source: The Guardian
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