Nigeria’s energy crisis threatens industrial growth, says Manufacturers Association of Nigeria

The Manufacturers Association of Nigeria (MAN) raised concerns on Thursday about the country’s struggling energy sector, highlighting significant issues such as inadequate power supply, unreliable infrastructure, and high electricity tariffs. According to MAN, these challenges are severely impacting the growth of Nigeria’s industrial sector, hindering its ability to attract investments and create jobs.

At a press conference held at MAN House in Lagos, the association’s president, Francis Meshioye, emphasized the importance of addressing Nigeria’s energy shortfalls ahead of the upcoming Manufacturers’ Energy Security Summit. Scheduled for November 19–21 in Lagos, the summit is themed “Energy Adequacy for Industrial Growth” and aims to drive discussions on innovative solutions for Nigeria’s energy challenges.

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Meshioye noted that the summit will bring together key stakeholders, industry experts, and policymakers to collaborate on sustainable energy practices. These discussions will be essential, he said, for developing partnerships that promote growth, enhance productivity, and improve Nigeria’s competitiveness in the global market.

“We are all acutely aware of the crucial role that energy plays in driving industrial growth and economic development,” Meshioye stated. “Adequate and reliable energy supply is essential for smooth industrial operations and sustainable growth.”

He added that Nigeria’s current energy landscape—with its unreliable infrastructure, frequent outages, and rising electricity costs—does not only limit industrial growth but also discourages foreign investment and job creation.

Meshioye called for focused and strategic efforts to address these energy issues, underscoring the need for a stable and robust energy supply to support Nigeria’s manufacturing sector and foster long-term economic development.