The Managing Director of Coleman Wires and Cables, Mr. George Onafowokan, has called on Nigeria’s Minister of Power, Adebayo Adelabu, to urgently address the aging infrastructure contributing to the frequent collapse of the national grid.
Speaking in light of the recent power outages, Onafowokan emphasized the need to replace outdated cables that have exceeded their shelf life, leading to inefficiencies across the power distribution system.
Recall that Coleman Wires and Cables industries self provide their own energy including some manufacturing companies.
Following the federal government’s establishment of a six-member committee to find solutions for Nigeria’s power challenges, Onafowokan stressed the importance of upgrading critical infrastructure.
Onafowokan explained that many cables in use today are no longer fit for purpose, resulting in frequent grid failures that have significantly impacted the manufacturing sector.
He outlined how these failures have affected manufacturers, forcing many to rely on costly alternatives such as diesel-powered generators.
Rising diesel prices have further compounded the problem, with many businesses struggling to keep operations running. “Manufacturing costs are skyrocketing due to energy costs, and this is making it difficult for businesses to remain viable,” Onafowokan stated.
Onafowokan urged the Minister of Power to implement a strategic, long-term solution that not only addresses the infrastructure but also focuses on localized power generation.
He advocated for the creation of power clusters, where industries could generate and share power within specific areas. According to him, decentralizing power generation could lower costs and ensure more stable access to electricity for businesses.
The manufacturing sector, already burdened by inconsistent power supply, continues to suffer as grid collapses disrupt production schedules, leading to increased costs and delays. Onafowokan’s comments underscore the urgency of addressing these challenges, as Nigeria seeks to revitalize its economy through improved industrial output.