The Manufacturers association of Nigeria recently, called on the Federal Government to sell the stranded 20,000MW of power to its members as their daily use for electricity had increased to 14,882MW.
According to the association, the eligible customers policy of the Federal Government that will allow the sale of the stranded 2,000MW of electricity to consumers who are willing to pay should be implemented without delay.
Therefore, they urged power distribution companies to refrain from opposing the policy since the Discos lacked the ability to evacuate the 2,000MW to the points of need.
The president of MAN, Dr. Frank Jacobs, speaking at a meeting organized by the Minister of Power, Works, and Housing, Babatunde Fashola in Abuja, said, “The policy is a welcome development. We have been complaining about power as one of the infrastructure impeding our progress as manufacturers, and when we heard about the government coming up with the eligible customer guidelines, we thought it was a wonderful idea.
“This is because at present, we know that 2,000MW of electricity is stranded and not in use because the Discos could not buy it. The power is wasting away while we need it. This is an opportunity for us to key in and take that 2,000MW that is wasting.”
He further said, “MAN members alone consume 14,882MW per day, and this we cannot get from the grid. Most of them are self-generated. We believe that this eligible customer initiative will make it possible for us to get some of the power that is wasted and convert to our own use.
“Definitely, MAN’s consumption is 14,822MW every day. We are hoping that this 2,000MW will help to augment; it won’t give us all that we need.”
Jacob appealed to the Discos not to go against the policy and asked them to understand that manufacturers needed affordable electricity in order to effectively produce foods for the country.
In his address, Fashola stated that the policy would increase power quality and quantity, adding that the country had about 7,000MW but the Discos could only distribute about 5,000MW.
He noted that they should not only be concerned about the possibility of increasing their access to power but also improving the quantity and quality of the power.
“We have a new problem; we have more power than we can distribute. In that context, we cannot continue to connect to the available and unsold power and what it will cost to do so.” He stressed.