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Home News

Reliable electricity supply will boost MSMEs

Electricity

The Matters Press by The Matters Press
February 1, 2022
Reading Time: 1 min read
0
Strike puts Nigeria in darkness

Electricity distribution station

The Managing Director, FGN Power Company, Mr Kenny Anuwe, says reliable electricity will boost economic activities and improve Micro, Small and Medium Enterprises (MSMEs) across the country.

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A statement posted on Monday on the company’s website said Anuwe made the assertion at the inauguration of the first Power System Simulator (PSS) Software training session of the Power Technologies International.

Anuwe said the project was in line with the company’s mandate and the Federal Government’s Next Level agenda to resolve the existing bottlenecks in transmission and distribution networks aimed at increasing electricity access across Nigeria.

He said: “I am humbled to be a part of such a laudable project that will transform our power sector.

“It is important to stress that the benefits of constant and reliable electricity will boost economic activities; improve the lives of micro, small and medium enterprises across and deliver the much-needed power supply across the country.

“I want to assure you that we will do our best to deliver on this project to ensure greater success and sustainability.”

Anuwe commended the efforts of the Federal Government, the Ministry of Power, Ministry of Finance, and other stakeholders in providing reliable electricity to Nigerians.

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  • IMPI faults opposition, rates Tinubu’s policies successful, as Naira succeeds as Africa’s second-best-performing currency against dollar
  • ANALYSIS: HOW TINUBU’S REFORMS TRIGGER HIGH REVENUE EARNINGS IN NIGERIA’S REAL SECTOR
  • Reduced tariff on imports will cushion effects of the Middle East crisis on cost of living – TMSG

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