Topic: The cost of running a business in Nigeria electricity needs (Read 7 times)

Dangote Group generates 1,540 MW for energy independence in companies – Aliko Dangote

The President and Chief Executive Officer of Dangote Group, Aliko Dangote, said the group generates up to 1,540 megawatts for manufacturing operations in all its subsidiaries.

Dangote disclosed this on Thursday while speaking during a fireside chat with the Prime Minister of Grenada, where he was a Special Guest.

Dangote said his investment in power generation was to achieve energy sufficiency and independence rather than be subjected to Nigeria’s insufficient and unreliable power supply.
Link
https://nairametrics.com/2025/02/07/dangote-group-generates-1540-mw-for-energy-independence-in-companies-aliko-dangote/


Reading the above story on Nairametrics got me worried and for once I started feeling the pain of the cost of running a business in Nigeria especially in the manufacturing industry which is key to the economy of any nation i was imagining the amount of money that he must have used in generating this kind of power for his subsidiaries that money would have been used to creating more companies which will be helpful to the economy and most importantly creating more employment opportunities for the nations unemployed population

When are we to leave this level of no power in the country what is really wrong with us that we can't generate power that will run for even twelve hours in the country no wonder there's high inflation rate in country because the cost of running a business in the country too much