New Policy, Regulations To Reduce Electricity Cost For Industrial Users- ECN
By Stella Enenche, Abuja
The Energy Commission of Nigeria (ECN) has launched a new policy and regulations to reduce electricity cost for industrial users.
The commission’s Director General, Mustapha Abdullahi, disclosed this on Thursday after unveiling the ECN compendium of industrial energy efficiency policies and regulations in Nigeria in Abuja.
Abdullahi said,”We are unveiling the new regulations and also a policy for industrial players, for them to be able to use electricity and conserve it safely. Save electricity and with that, we are sure that electricity costs will be reduced.
“There are two key things here to note. Energy generation and energy efficiency. If you generate energy, no matter the volume of that energy you’re generating, if you’re having 20,000 megawatts, if you’re not using that efficiently, then that would be wasted.
“So what we’ve realised is, why not conserve what we have, particularly for the industrial players that need and utilise this electricity mostly.So let’s give them a policy and a regulation that they can use electricity safely, efficiently, and also conserve some to be used for other use,” he said.
Abdullahi stated that the Compendium provides a consolidated source of readily accessible information on adopted energy and energy-efficiency policies in Nigeria.
“This guide decision makers in establishing adequate policy frameworks for the adoption of industrial energy management systems (EnMS) in the country. It is important to mention that the Compendium is not exhaustive and would therefore continue to exist as a “living document” as it will need to be updated as new policies emerges in the future.
According to Him, the implementation of this project demands an inclusive approach, where relevant policy makers in Ministers Departments Agencies, NGOs and the private sector work together to ensure policy synergy, coordination and consistency.
“Appropriate policy and legislative framework is necessary for the promotion of national energy efficiency and conservation best practices in any sector of the nation’s economy.”
The Abuja Liaison Officer of the Manufacturers Association of Nigeria (MAN), Michael Olufemitan, who represented the DG MAN, Segun Ayayi-Kadir, said, “Industrial energy performance and resource efficiency are essential pillars for driving sustainable economic growth and environmental protection in Nigeria.
“Our nation’s industrial sector holds significant potential to not only enhance productivity but also reduce environmental impact through the adoption of clean technologies and sustainable practices.
“By focusing on resource efficiency and innovation, we can unlock new opportunities for job creation, economic diversification, and environmental sustainability.” he said.
