Abuja - The federal government has urged private power firms to explore the use of embedded power generation to boost power supply especially in industrial hubs across the country.
The Minister of Power, Prof. Chinedu Nebo, made the call in Abuja when a delegation from Genesis Electricity Company paid him a courtesy visit in his office.
The minister specifically tasked the power firm to take advantage of the enormous gap in energy need of industries, especially in the South-East, so as to fast track the nation’s socio-economic development.
Nebo said that Nnewi, the hub of industrialisation in the south east, had in recent time had 40 of its 46 industries closed down due to huge cost of running generators.
The power minister urged the indigenous firm to carry out a survey of industrial clusters, assess their power need and explore ways of addressing the power challenge.
Nebo assured the company of federal government’s support and described the company as critical to government's plan to ensure stable power supply across the country.
Akinwole Omoboriowo, the Managing Director of Genesis Electricity Company, said that the remarkable feat attained by the company was made possible by the enabling environment created by the federal government.
He said :the Federal Government policy made this to happen, as it has given the sector a robust, proactive and strong power sector that has engendered competitiveness and confidence of players both domestic and international”.
He added that the government should remain focused as the sector moved forward.
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