The Manufacturers Association of Nigeria, MAN has cried out that investments are being lost as a result of poor power supply nationwide.
The Association’s Chairman Rivers and Bayelsa State Chapter, Adawari Pepple stated that if the situation did not get better, Nigeria might continue to lose investors to a country like Ghana, where the power sector had improved tremendously.
He explained that a situation where the country had been managing between two thousand five hundred and four thousand megawatts would only have a negative impact on the manufacturing sector.
Pepple, pointed out that no business could thrive relying on electricity from generator. He noted that when companies shut down due to constant power outages, the country’s rate of unemployment would only worsen.
The MAN boss, however, called on the government to tackle the challenges facing the power sector so that Nigerians, including manufacturers, would begin to enjoy adequate electricity that would help their business.
