Nigerian manufacturers spent N1.4 trillion on power generation in 2025, underscoring the heavy cost burden it continues to impose on the sector.
The figure highlights persistent gaps in grid supply that force factories to rely on diesel and gas generators to maintain operations.
At BusinessDay’s Manufacturing Conference 2026 held recently in Lagos, Oluchi Odimuko, assistant director of sectoral and regulatory affairs at Manufacturers Association of Nigeria (MAN), said factories across the country spent N1.35 trillion on alternative power supply, up 21.6 percent from 1.11 trillion spent in 2024.
Odimuko stressed that the country’s manufacturing sector cannot thrive on unreliable power, warning that without reform, “there’s no way, there’s no how” industry can escape crippling costs.
“Electricity supply is irregular and manufacturers have to find alternative power,” she said at the BusinessDay conference.
Nigeria’s new National Industrial Policy 2025, launched in February, placed energy reform at the heart of its strategy
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