FG Plans Dedicated Power Lines for Manufacturing Hubs

The Federal Government has unveiled plans to develop devoted energy transmission infrastructure aimed toward enhancing electrical energy provide to main industrial clusters throughout the nation, together with a proposed transmission hyperlink between Alaoji and the Agbara industrial hub in Ogun State.

Speaking on the Manufacturers Energy Security and Energy Efficiency Summit in Lagos on Monday, Minister of Power Joseph Olasunkanmi Tegbe mentioned the initiative is designed to strengthen the connection between electrical energy technology sources and industrial customers.

According to the minister, dependable energy provide stays vital to lowering producers’ reliance on expensive different power sources and reducing manufacturing bills. He defined that the federal government is contemplating devoted transmission networks that may straight serve key manufacturing centres.

Tegbe outlined a four-point technique for tackling challenges in Nigeria’s energy sector. The strategy focuses on enhancing monetary sustainability throughout the business, optimising current energy technology and transmission property, growing specialised power zones, and increasing vital electrical energy infrastructure nationwide.

The announcement comes as producers proceed to grapple with rising power prices and frequent energy disruptions, forcing many companies to rely on diesel mills, gas-powered crops and different self-generation options.

At the summit, the Manufacturers Association of Nigeria (MAN) launched the Industrial Energy Cost Reduction and Clean Energy Adoption Programme (IECRECAP), an initiative aimed toward serving to industries safe extra reasonably priced and sustainable power sources.

The programme is being carried out by the Manufacturers Power Development Company Limited in collaboration with the Nigerian Energy Support Programme, GIZ, the Federal Ministry of Power, and different stakeholders.

MAN President, Dr Ifeanyi Okoye, described excessive power prices, unstable grid electrical energy and rising dependence on self-generated energy as main obstacles to industrial productiveness and competitiveness.

He known as for progressive financing options to assist industrial power initiatives, together with investments in rooftop photo voltaic methods, battery storage services, captive gasoline technology and sensible power administration applied sciences.

Okoye emphasised that reasonably priced and reliable electrical energy is important for reinforcing native manufacturing capability and enhancing the competitiveness of Nigerian merchandise in regional and world markets. He urged stakeholders to work collectively in offering sensible power options that may ease operational prices for producers and assist industrial progress.

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