. ‘MD customers now generate their electricity off-grid,’ here is what Adelabu said.
The Minister of Power, Adebayo Adelabu, has expressed dismay at the decision of majority of Nigerian manufacturers, industries and other bulk electricity users to boycott the country’s national grid for other alternatives.
He made this known on Thursday in Lagos, during his speech at the retreat of the board of the Nigeria Electricity Liability Management Company, where he attributed the development to lack of trust and confidence in the power sector.
The minister, however, insisted that the country’s national grid remains a more viable and reliable power source for bulk electricity consumers when compared to other more expensive alternatives.
He also regretted that, despite generating a record 5,155 megawatts in July, the electricity is not being taken up due to distribution constraints.
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Speaking at the event, Adelabu said: “The majority of bulk electricity users, such as industries, are off the grid due to a lack of trust and confidence in the past.
“They now have their captive power plants in their industries, which is more expensive.”
