Manufacturers Spend N1.35trn On Alternative Power In 2025 – MAN

Nigerian manufacturers spent about N1.35 trillion on alternative power generation in 2025, up from N1.11 trillion in 2024, as high electricity tariffs and unreliable supply continue to raise industrial operating costs.
The Manufacturers Association of Nigeria (MAN) disclosed this ahead of its 2026 Manufacturers Energy Security and Energy Efficiency Summit, which will explore affordable power solutions, financing options and energy-efficient technologies to reduce production costs.
MAN President, Dr Ifeanyi Okoye, said the two-day summit would focus on reducing industrial energy costs, improving access to affordable gas, promoting energy efficiency and mobilising financing for alternat...