Manufacturers’ spending on alternative power soars to N425bn, Discos abandoned - News Summed Up

Manufacturers’ spending on alternative power soars to N425bn, Discos abandoned


This does not include manufacturers’ expenditure on power coming from electricity distribution companies, popularly known as DisCos. It was gathered that some manufacturers only make use of DisCos in offices but use alternative power sources in the production department. Manufacturers who can afford gas at their own facilities are using it to power their production activities. But in other areas where you do not find gas, people are using other energy sources and some still use DisCos,” he said. He explained that power expenditure of SMEs were becoming very high.


Source: Punch May 31, 2022 13:40 UTC



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