Advisors Reports Logo Advisors Reports Logo
Notification
  • News
  • Editorial
  • Feature
  • Special Report
  • Oil & Gas
  • Power
  • Renewables
  • Extractive Industry
  • Maritime
Advisors ReportsAdvisors Reports
Font ResizerAa
Search

Top Stories

Explore the latest updated news!

Ghana’s NPA CEO, First Bank Head of Energy recommend unified currency, infrastructure development as key to Africa’s energy security

Nigeria’s refining sector expands with 9 LTEs, 7 LTCS, 4 LTOS issued for modular refineries

IBEDC, Bresson, Magboro Power Company sign ₦180bn power purchase deal for Magboro Power Plant 

Stay Connected

Find us on socials
248.1kFollowersLike
61.1kFollowersFollow
165kSubscribersSubscribe
Made by ThemeRuby using the Foxiz theme. Powered by WordPress
Home » Blog » Coleman Wires MD urges Power Minister to replace aging cables, infrastructure causing grid collapses
ConcessionDistributionNewsPowerTransmission

Coleman Wires MD urges Power Minister to replace aging cables, infrastructure causing grid collapses

Admin
Last updated: October 23, 2024 9:37 pm
By Admin Add a Comment
Share
George Onafowokan, Managing Director of Coleman Wires and Cables
SHARE

… says manufacturing sector struggling due to power supply crises

Oredola Adeola

George Onafowokan, Managing Director of Coleman Wires and Cables, has called on Chief Adebayo Adelabu, Minister of Power, to take urgent steps toward replacing outdated cables that have exceeded their shelf life, citing them as a major factor contributing to the frequent collapses of the national grid.

Speaking in response to recent grid failures, Onafowokan emphasized the need for immediate infrastructure upgrades to enhance efficiency across the power distribution network.

He explained that many of the cables currently used to evacuate electricity from power generation companies (GenCos) through the Transmission Company of Nigeria (TCN) to distribution companies (DisCos) are no longer fit for purpose.

The deterioration of these cables, he noted, has led to recurring system failures that have severely impacted manufacturers and the broader economy.

Onafowokan highlighted that companies like Coleman Wires and Cables, along with other manufacturers, have resorted to self-generated power to sustain operations.

However, the rising cost of diesel has worsened the situation, making it increasingly difficult for businesses to remain viable.

“Manufacturing costs are skyrocketing due to energy expenses, and many companies are struggling to stay afloat,” he stated.

He urged the Minister of Power to adopt a long-term strategic plan, prioritizing both the modernization of critical infrastructure and the promotion of localized power generation.

Advocating for the establishment of industrial power clusters, Onafowokan suggested that industries could collaborate to generate and share electricity within specific areas, ensuring more stable power access at lower costs.

Onafowokan warned that the persistent grid collapses and power outages are disrupting production schedules, driving up operational costs, and delaying output, further straining Nigeria’s manufacturing sector.

He stressed that resolving these challenges is essential for improving industrial productivity and revitalizing the economy.

Share This Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

– Advertisement –

Recent Posts

  • Ghana’s NPA CEO, First Bank Head of Energy recommend unified currency, infrastructure development as key to Africa’s energy security
  • Nigeria’s refining sector expands with 9 LTEs, 7 LTCS, 4 LTOS issued for modular refineries
  • IBEDC, Bresson, Magboro Power Company sign ₦180bn power purchase deal for Magboro Power Plant 
  • Sanwo-Olu seeks private sector alliances to harness solar energy, develop mini-grids, promote cleaner fuels for transportation in Lagos
  • NSA leads joint operation with Air Force, Army to secure vandalized Shiroro-Kaduna transmission lines- Sunday Dare confirms 

Recent Comments

  1. Hairstyles on NERC approves prepaid meter price review, effective from May 1
  2. Moviesbox on 11 DisCos collect N294.95bn, achieve 73.79% collection efficiency in Q4, 2023 – NERC report
  3. Haircuts on EKEDC to reopen metering portal, mandates MAP vendors to stock minimum of 2,000 prepaid meters
  4. Moviesbox on 11 DisCos collect N294.95bn, achieve 73.79% collection efficiency in Q4, 2023 – NERC report
  5. Anthony Ekwego on How customers on estimated billing can claim overbilled energy refunds

Related Stories

Uncover the stories that related to the post!
DocumentaryDownstreamEnergy TransitionFinanceLocal ContentMidstreamMultilateral FinanceNewsOil & Gas

Ghana’s NPA CEO, First Bank Head of Energy recommend unified currency, infrastructure development as key to Africa’s energy security

DownstreamEnergy TransitionMidstreamNewsSustainability

Nigeria’s refining sector expands with 9 LTEs, 7 LTCS, 4 LTOS issued for modular refineries

DistributionGasGeneration

IBEDC, Bresson, Magboro Power Company sign ₦180bn power purchase deal for Magboro Power Plant 

DownstreamGreen FinanceHydrogenMidstreamNewsSustainability

Sanwo-Olu seeks private sector alliances to harness solar energy, develop mini-grids, promote cleaner fuels for transportation in Lagos

DistributionNewsPowerTransmission

NSA leads joint operation with Air Force, Army to secure vandalized Shiroro-Kaduna transmission lines- Sunday Dare confirms 

DistributionNewsPowerTransmission

Widespread blackout persists across Northern Nigeria, Niger Republic as outage enters 6th day

ConcessionLocal ContentNewsSustainabilityTechnology

NCDMB to inject $50 million into Triple Helix model to boost R&D projects

NewsOil & GasUpstream

NNPC Ltd reports helicopter incident en route NUIMS-ANTAN FPSO: 5 missing, 3 bodies recovered

Show More
Copyright © 2024 Advisors Reports. All rights reserved.
Welcome Back!

Sign in to your account

Lost your password?