Nigeria’s Poor power supply threatens economy

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Al Grainnoodles Ltd has expressed grief on the poor power supply in the country, saying, that it is unfavourable to the manufacturing industries and poses a threat to the economy.

According to Chief Executive Officer of Al Grain Foods Nigeria Ltd, Chief Anthony Obidulu, the government at all levels should encourage investors in the manufacturing sector by improving on the power supply, as it serves as the engine room to manufacturing, adding that, in doing this, the country will be gradually industrialized.

”The manufacturing /industry sector, presently in Nigeria, is still groaning under the pressure of huge and unbearable energy cost as most firms now rely fully on their power generation for production.” He said, adding that he applauds the steps taken by the federal government on the privatization of the power sector, but appeal that both the government and the new investors, should, as a matter of urgency, improve on the supply of power generation in the country to save the manufacturing/ industry sector in the country from total collapse due to the burden of energy cost that is agonizing.

He noted that Al Grain noodles is already making waves in the Nigerian market and is competing favourably with other noodles, adding that, they are not relenting in the production and quality of the products.