The Federal Government has unveiled plans to develop dedicated power transmission infrastructure aimed at improving electricity supply to major industrial clusters across the country, including a proposed transmission link between Alaoji and the Agbara industrial hub in Ogun State.
Speaking at the Manufacturers Energy Security and Energy Efficiency Summit in Lagos on Monday, Minister of Power Joseph Olasunkanmi Tegbe said the initiative is designed to strengthen the connection between electricity generation sources and industrial consumers.
According to the minister, reliable power supply remains critical to reducing manufacturers' reliance on costly alternative energy sources and lowering production expenses. He explained that the government is considering dedicated transmission networks that will directly serve key manufacturing centres.
Tegbe outlined a four-point strategy for tackling challenges in Nigeria's power sector. The approach focuses on improving financial sustainability within the industry, optimising existing power generation and transmission assets, developing specialised energy zones, and expanding critical electricity infrastructure nationwide.
The announcement comes as manufacturers continue to grapple with rising energy costs and frequent power disruptions, forcing many businesses to depend on diesel generators, gas-powered plants and other self-generation solutions.
At the summit, the Manufacturers Association of Nigeria (MAN) launched the Industrial Energy Cost Reduction and Clean Energy Adoption Programme (IECRECAP), an initiative aimed at helping industries secure more affordable and sustainable energy sources.
The programme is being implemented through the Manufacturers Power Development Company Limited in collaboration with the Nigerian Energy Support Programme, GIZ, the Federal Ministry of Power, and other stakeholders.
MAN President, Dr Ifeanyi Okoye, described high energy costs, unstable grid electricity and growing dependence on self-generated power as major obstacles to industrial productivity and competitiveness.
He called for innovative financing solutions to support industrial energy projects, including investments in rooftop solar systems, battery storage facilities, captive gas generation and smart energy management technologies.
Okoye emphasised that affordable and dependable electricity is essential for boosting local manufacturing capacity and enhancing the competitiveness of Nigerian products in regional and global markets. He urged stakeholders to work together in providing practical energy solutions that will ease operational costs for manufacturers and support industrial growth.
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