Taiwo Hassan 
With Thursday, October 24, chosen by the Nigerian Electricity Regulatory Commission (NERC) for a public hearing to address the recurring national grid collapse, the Manufacturers Association of Nigeria (MAN), has raised the alarm that the frequent collapse is negatively impacting its members’ production lines nationwide, despite being billed 250 per cent electricity tariff by NERC and the electric power companies for limited energy consumption.
MAN pointed out that the NERC’s public hearing won’t be complete without MAN being the leading voice because it’s unacceptable that most of its members have to always shut down production lines anytime national grid collapse occurs in the country, noting: “To re-energise those production lines takes extra production costs, and they are still expected to be billed 250 per cent electricity tariff by the power electric companies without factoring the menace causing the frequent breakdown in the national grid.”
The Director-General of MAN, Mr Segun AjayiKadir, while reacting to the latest national grid collapse in an interview with New Telegraph, lamented that there was need to bring to the front-burner that NERC and its power electric companies are severely frustrating local manufacturers of goods and products in the country without considering the huge costs a manufacturer spends on re-energising shut down production lines anytime the national grid collapses, which brings about blackout nationwide.
Ajayi-Kadir explained that the frequent national grid collapse is a national disaster that shouldn’t evolve in a sane economy and ideal business environment.
According to him, it is absurd to suffer the 8th grid collapse in 2024 and the third time in five within October as at last Saturday, which he added, has shown that all is not well with Nigeria’s power sector.
“Yet, NERC and the power electric companies know how to rush to hike tariff for Nigerians and businesses.” The MAN DG stated that the public hearing on the national grid collapse is necessary if it is designed to find a way forward to stabilise power supply.
His words: “The greatest challenge facing Nigeria’s economy currently is insecurity on the production lines, if you talk about manufacturing and agriculture. The second is energy. As at the time we were discussing at the National Economic Group Summit (NESG), in Abuja, national grid was collapsing sequentially.
And there is no way manufacturing can thrive perfectly when you With Thursday, October 24, chosen by the Nigerian Electricity Regulatory Commission (NERC) for a public hearing to address the recurring national grid collapse, the Manufacturers Association of Nigeria (MAN), has raised the alarm that the frequent collapse is negatively impacting its members’ production lines nationwide, despite being billed 250 per cent electricity tariff by NERC and the electric power companies for limited energy consumption.
MAN pointed out that the NERC’s public hearing won’t be complete without MAN being the leading voice because it’s unacceptable that most of its members have to always shut down production lines anytime national grid collapse occurs in the country, noting:
“To re-energise those production lines takes extra production costs, and they are still expected to be billed 250 per cent electricity tariff by the power electric companies without factoring the menace causing the frequent breakdown in the national grid.”
The Director-General of MAN, Mr Segun AjayiKadir, while reacting to the latest national grid collapse in an interview with New Telegraph, lamented that there was need to bring to the front-burner that NERC and its power electric companies are severely frustrating local manufacturers of goods and products in the country without considering the huge costs a manufacturer spends on re-energising shut down production lines anytime the national grid collapses, which brings about blackout nationwide.
Ajayi-Kadir explained that the frequent national grid collapse is a national disaster that shouldn’t evolve in a sane economy and ideal business environment.
According to him, it is absurd to suffer the 8th grid collapse in 2024 and the third time in five within October as at last Saturday, which he added, has shown that all is not well with Nigeria’s power sector.
“Yet, NERC and the power electric companies know how to rush to hike tariff for Nigerians and businesses.” The MAN DG stated that the public hearing on the national grid collapse is necessary if it is designed to find a way forward to stabilise power supply.
His words: “The greatest challenge facing Nigeria’s economy currently is insecurity on the production lines, if you talk about manufacturing and agriculture.
The second is energy. As at the time we were discussing at the National Economic Group Summit (NESG), in Abuja, national grid was collapsing sequentially. And there is no way manufacturing can thrive perfectly when you
