Ajayi-Kadir noted that over the past decades, the Nigerian power sector had encountered various turbulence in its electricity value chain.
“The country’s epileptic power supply is one of the prominent reasons for the relocation of some of our members.
The MAN DG added that the newly signed Act would increase Internally Generated Revenue , investment in renewable energy, improve infrastructure, stable power supply and less tax burden on manufacturers. Ajayi-Kadir, however, urged the government to consider some of the association’s recommendations to avoid truncating the benefits of the Electricity Act 2023.
“However, we must tighten the security infrastructure as no investor wants to do business in a terrorised economy.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EPL 2023/2024: Man City to open Premier League title defence at Burnley - Punch NewspapersThe management of the Premier League has announced the opening-day fixtures for the 2023/2024 season.Manchester City
Read more »
EPL 2023/2024: Champions Man City To Kick Off Season At BurnleyThe management of the Premier League has announced the opening-day fixtures for the 2023/2024 season.
Read more »
Man, 39, defiles 7-year-old girl, blames act on ‘burukutu’A 39-year-old man has admitted to defiling a seven-year-old girl, blaming the act on drunkenness. The man, Sadiq Ahmed, of Abuja Road in Yola Town, Yola
Read more »
2023 Polls: Tribunal Admits Additional 188 Exhibits From ObiObi through Mr Peter Afoba, a Senior Advocate of Nigeria, SAN, tendered forms EC40GPU, EC40G1 and reports prepared by the electoral body after the election.
Read more »