NERC, MAN develop electricity supply plan for 28 industrial clusters
The once vibrant Nigerian manufacturing sector is set to rebound. This is because a new framework that guarantees electricity to production activities is set to berth in the country.
After months of work, the Nigerian Electricity Regulatory Commission (NERC) and the Manufacturers Association of Nigeria (MAN) have developed a new policy for electricity supply to 28 industrial clusters in the country.
The development comes as the Manufacturers Association of Nigeria (MAN) lamented that it’s members spend over 40 per cent of their production cost of production on electricity.
The policy is expected to provide needed electricity to the industrial sector and boost manufacturing activities in the country.
The micro-grid electricity generation concept is also expected to reduce electricity share of production cost to 10 per cent.
The strategies for implementation of the policy are contained in a framework of micro- grid power generation adopted by NERC and MAN at the weekend.
In a statement yesterday, NERC Chairman, Dr. Sam Amadi, noted that the policy would however, be tabled before the Minister of Power, Works and Housing for final approval.
He noted that the framework followed the conclusion of work by a joint committee on micro-grid set up by both parties.
Amadi highlighted how the Committee had worked how to use embedded regulation, distribution regulation and independent transmission network regulation to fashion out a framework for micro-grid for manufacturers.
Amadi said: “I have spoken with the Minister of Power, Works and Housing because of obvious policy issues in this report. It l further be delivered to the Minister for review. We expect policies that would enable sustainable micro-grid.”