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Business & Economy

Nigerian manufacturers seek renewable energy solutions to cut power costs

The FrontierThe FrontierJune 27, 2026 231 Minutes read0

•Director General, Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir

The Director-General of the Manufacturers Association of Nigeria (MAN), Segun Ajayi-Kadir, has called for increased adoption of renewable energy solutions to address unreliable electricity supply and rising self-generation costs confronting manufacturers.

Ajayi-Kadir said affordable and reliable energy was indispensable to industrial development and economic transformation, but manufacturers had continued to bear the burden of inadequate public power supply, reports Saturday Guardian.

“In Nigeria, however, manufacturers continue to grapple with the twin challenge of unreliable public electricity supply and the escalating cost of self-generation through diesel, gas and other alternative energy sources,” he said.

He said the persistent energy deficit had weakened manufacturers’ competitiveness, discouraged investment, raised production costs and constrained the growth and resilience of the sector.

The MAN DG said the deployment of renewable energy infrastructure offered a practical pathway towards building a more energy-resilient economy and reducing the pressure of high energy costs on businesses.

Ajayi-Kadir said investments in clean energy would support industrial productivity, strengthen quality assurance systems and improve the competitiveness of Made-in-Nigeria products and services.

He added that the project reflected the need for public institutions and private-sector operators to embrace innovation and sustainability in responding to Nigeria’s energy challenge.

According to him, the transition to energy-efficient and renewable technologies would help reduce operating costs, attract investment and support the country’s climate-resilience objectives.

He said MAN remained committed to working with relevant stakeholders to advance policies and initiatives that would promote industrial growth, innovation and competitiveness.

Tags
Nigerian manufacturerspower costsrenewable energy solutions
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