With the constant energy crisis and collapse of the national grid, it’s no longer news that the energy situation in the country is a me$$
This energy crisis has led The Manufacturers Association of Nigeria (MAN) to voice out about how the epileptic energy situation is hindering the growth and operation of various factories.
President of MAN, Francis Meshioye, who stated this at a media briefing in Lagos, listed the main challenges in the country’s energy landscape as inadequate power supply, unreliable energy infrastructure, and high electricity tariffs.
He said this prompted the association to convene the Manufacturers’ Energy Security Summit with the theme, “Energy Adequacy for Industrial Growth,” scheduled to hold in Lagos from November 19 to 21, 2024.
According to him, the summit is important for Nigeria’s manufacturing sector, as energy security remains a significant challenge affecting productivity and competitiveness.
Meshioye said the summit will bring together industry experts, policymakers, and stakeholders to discuss solutions, and forge partnerships that will drive growth and sustainability in the energy sector.
In his words: “We are all acutely aware of the crucial role that energy plays in driving industrial growth and economic development.
“Adequate and reliable energy supply is a basic requirement for a smooth operation of industries, and it is essential for achieving sustainable growth and competitiveness in the global market.
“Unfortunately, the energy landscape in Nigeria is fraught with challenges such as inadequate power supply, unreliable energy infrastructure, and high electricity tariffs.
“These challenges not only hamper the growth of industries but also undermine our ability to attract investments and create jobs.
Meshioye emphasized that there’s a need to address these constant energy crises and work towards achieving energy adequacy for industrial growth.
Energy crisis has been a long standing problem in Nigeria as a whole, we hope that the government will listen to MAN and fix the problem
