The Manufacturers Association of Nigeria (MAN) has said “incessant” and “unwarranted” increases in electricity tariffs in Nigeria are hindering the performance of the manufacturing sector.
In a statement issued on Thursday by the association’s Director General, Dr. Segun Ajayi-Kadir, he lamented the constant increase in electricity tariffs by the various electricity distribution companies in the country.
He said electricity is critical to production processes in the manufacturing sector and the lack of energy security impedes Nigeria’s industrial growth.