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Tag: unstable power supply

SMEs lament multiple taxes, poor power supply
Business

SMEs lament multiple taxes, poor power supply

Stakeholders in the Small and Medium-Scale Enterprises segment of the economy have lamented that lack of adequate power supply and multiple taxes are major issues strangling the growth of SMEs in Nigeria. The stakeholders identified SMEs as key drivers of the economy in Nigeria while calling on the government to do more in areas of […]

Economy

Power gulps 40% of our production costs – Manufacturers

The Chairman, Board of Directors, Manufacturers Power Development Company, Ibrahim Usman, speaks on how unstable power supply is adversely affecting the manufacturing sector in this interview Six years ago, the Manufacturers Association of Nigeria started MAN Power Development Company. How successful has this initiative been? What have been the challenges? Well, I can say that […]