{"id":149165,"date":"2025-02-08T12:56:34","date_gmt":"2025-02-08T11:56:34","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/man-advocates-increase-in-electricity-supply-in-nigeria"},"modified":"2025-02-15T22:15:39","modified_gmt":"2025-02-15T21:15:39","slug":"man-advocates-increase-in-electricity-supply-in-nigeria","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/man-advocates-increase-in-electricity-supply-in-nigeria","title":{"rendered":"MAN advocates increase in electricity supply in Nigeria"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Manufacturers Association of Nigeria, MAN, has advocated for an increase in electricity supply from the average of 4,000MW per day.<\/p>\n

The Director-General of MAN, Segun Ajayi-Kadir, stated this in his reaction to the proposed increase in electricity tariff. He noted that electricity is a critical input in manufacturing processes, saying that it has a significant impact on production costs and prices of products.<\/p>\n

He opined, \u201cIncessant increase in electricity tariff in Nigeria is hindering the performance of the sector and growth of the economy.\u201d<\/p>\n

According to him, sustainable and low-cost energy supply provides incentives for scale production and competitiveness of the industrial sector. He believes that it was based on the critical importance of energy security in achieving the industrial aspiration of Nigeria that the power sector was privatized in 2013 to improve the scale of energy supply to the nation, particularly the industries.<\/p>\n

The Director-General stated that privatization has not yielded the desired results, saying that it is widely believed that the operators in the value chain lack the technical and financial capacity to operate and deliver optimally.<\/p>\n

The installed capacity, according to him, has been consistently put around 10,000MW, stressing that it has not been fully utilized due to the limited capacity of the GenCos and DisCos to generate and distribute adequate electricity supply nationwide.<\/p>\n

He lamented that despite the inability to meet consumer demand, the country has witnessed a consistent increase in tariff without commensurate and good-quality supply.<\/p>\n

Ajayi-Kadir noted that, according to NBS, electricity supply stood at 5,909.83 GWh in Q2 2023 but reduced to 5,769.52 GWh in Q1 2024 and 5,612.52 GWh in Q2 2024 when the tariff increase of over 230 percent was implemented. This indicates a 5.03 percent decrease year on year and a 2.72 percent decrease quarter on quarter.<\/p>\n

He noted that MAN has repeatedly advocated for an increase in electricity supply from the abysmal average of 4,000MW per day for over 200 million people, whereas Nigeria needs more than 30,000MW of electricity to appreciably meet the growing electricity demands of businesses and households in the country.<\/p>\n

The MAN DG disclosed that the proposed increase in electricity tariff is inimical to the competitiveness of Nigerian products and businesses, as it would further exacerbate the impact of high production costs, worsen the current inflationary pressure, aggravate the pressure on the disposable income of the average Nigerian, increase the unsold inventory of manufacturers, erode their profit margins, increase the unemployment rate, and lead to the closure of more private businesses.<\/p>\n

For More News And Analysis About Nigeria<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Manufacturers Association of Nigeria, MAN, has advocated for an increase in electricity supply from the average of 4,000MW per day. The Director-General of MAN, Segun Ajayi-Kadir, stated this in his reaction to the proposed increase in electricity tariff. He noted that electricity is a critical input in manufacturing processes, saying that […]<\/p>\n","protected":false},"author":84,"featured_media":149164,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[508,1730,254],"class_list":["post-149165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-electricity","tag-man","tag-nigeria"],"yoast_head":"\nMAN advocates increase in electricity supply in Nigeria - Nigeria<\/title>\n<meta name=\"description\" content=\"The Manufacturers Association of Nigeria, MAN, has advocated for an increase in electricity supply from the average of 4 ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/man-advocates-increase-in-electricity-supply-in-nigeria\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MAN advocates increase in electricity supply in Nigeria\" \/>\n<meta property=\"og:description\" content=\"The Manufacturers Association of Nigeria, MAN, has advocated for an increase in electricity supply from the average of 4 ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/man-advocates-increase-in-electricity-supply-in-nigeria\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-08T11:56:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-15T21:15:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/02\/sm_1739006897.268821.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1424\" \/>\n\t<meta property=\"og:image:height\" content=\"802\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/man-advocates-increase-in-electricity-supply-in-nigeria#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/man-advocates-increase-in-electricity-supply-in-nigeria\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"MAN advocates increase in electricity supply in Nigeria\",\"datePublished\":\"2025-02-08T11:56:34+00:00\",\"dateModified\":\"2025-02-15T21:15:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/man-advocates-increase-in-electricity-supply-in-nigeria\"},\"wordCount\":426,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/man-advocates-increase-in-electricity-supply-in-nigeria#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/02\/sm_1739006897.268821.jpg\",\"keywords\":[\"electricity\",\"man\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/man-advocates-increase-in-electricity-supply-in-nigeria#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/man-advocates-increase-in-electricity-supply-in-nigeria\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/man-advocates-increase-in-electricity-supply-in-nigeria\",\"name\":\"MAN advocates increase in electricity supply in Nigeria - 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